Adopting new fuel types and energy-saving devices can significantly reduce emissions and improve fuel efficiency. But here’s the catch: not all existing ships can accommodate these new technologies, as they were not designed to. To fully leverage these advancements, we must build new ships from the ground up, integrating these innovations right from the start.

At Siemens, we are committed to driving innovation and excellence in the maritime industry. Our collaboration with Compute Maritime focuses on integrating their flagship vessel design and optimization platform, NeuralShipper, with our Simcenter STAR-CCM+ software for Computational Fluid Dynamics (CFD).

Feb 17 (Reuters) - Abridge, a startup that uses artificial intelligence to build medical documents, said on Monday it raised $250 million in a funding round co-led by Elad Gil and IVP.

Investors in the funding round included Lightspeed Venture Partners, CVS Health Ventures, Redpoint Venture and NVentures - Nvidia's venture capital arm.

AI startups captured a record 46.4% of the total $209 billion raised, opens new tab by U.S. startups in 2024, compared with less than 10% a decade earlier.

Malaysia’s semiconductor industry stands to benefit from the escalating US-China tech war, as trade restrictions steer more companies to consider the Southeast Asian country as a viable alternative in the global chip supply chain, according to experts.

As the US government continues to tighten trade restrictions on China, Malaysia is seeing more opportunities to develop its semiconductor industry, which has advantages in back-end operations such as chip testing and packaging, according to a panel discussion at the China Conference: Southeast Asia 2025 hosted by the South China Morning Post in Kuala Lumpur on Monday.

ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter and a document viewed by Reuters.

Arm supplies the crucial intellectual property that firms such as Apple and Nvidia license to create their own central processing units (CPUs). It has also been seeking to expand its profits and revenues through a range of tactics, including considering whether to sell chips of its own.

BENGALURU, Feb 12 (Reuters) - U.S.-based chip toolmaker company Lam Research (LRCX.O), opens new tab said it will invest over 100 billion rupees ($1.2 billion) in the next few years in India's southern Karnataka state, the latest boost to the nation's plans to bolster its semiconductor ecosystem.
During an 'Invest Karnataka' event on Tuesday, Lam Research said it has signed a memorandum of understanding (MoU) with the Karnataka Industrial Area Development Board (KIADB) for the investment.

The HVAC Industry gathered in Orlando for AHR Expo 2025, highlighted breakthroughs in heat pumps, intelligent automation, and new refrigerant solutions—signaling the industry's clean and efficient future. Attendees included contractors, manufacturers, engineers, system design professionals, facility managers, architects, wholesalers, and distributors.

Feb 11 (Reuters) - Carrier Global (CARR.N), opens new tab on Tuesday reported a better-than-expected fourth-quarter profit, benefiting from demand for its heating, ventilating and air conditioning products and aftermarket repair services.

Carrier reported an 11 % organic growth in its HVAC segment, supported by surging demand for heat pumps and purifiers amid rising temperatures and air quality concerns.

Eindhoven, the Netherlands, February 10, 2025 – NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it has entered into a definitive agreement to acquire Kinara, Inc., an industry leader in high performance, energy-efficient and programmable discrete neural processing units (NPUs). These devices enable a wide range of edge AI applications, including multi-modal generative AI models. The acquisition will be an all-cash transaction valued at $307 million and is expected to close in the first half of 2025, subject to customary closing conditions, including regulatory clearances.

WASHINGTON—Feb. 7, 2025—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $627.6 billion in 2024, an increase of 19.1% compared to the 2023 total of $526.8 billion. Additionally, fourth-quarter sales of $170.9 billion were 17.1% more than the fourth quarter of 2023, and 3.0% higher than the third quarter of 2024. And global sales for the month of December 2024 were $57.0 billion, a decrease of 1.2% compared to the November 2024 total. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

Novartis, in partnership with Dawn Health, introduced Cora BC, a digital solution designed to support individuals with breast cancer on their treatment journey.

The app comprises tools that offer health tracking, personalised content, and medication reminders to help patients manage their condition.
Cora BC claims to enable patients to complete their regular health check-ins and “visualise” their progress via intuitive graphs.
The app’s features are tailored to make patients build their habits and routines, which are crucial for adhering to multi-year treatments, Dawn Health noted.