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MIP: Vehicles Will Travel Underground In Kota Madani, Malaysians Say Repair Current Roads First
MIP: Vehicles Will Travel Underground In Kota Madani, Malaysians Say Repair Current Roads First

Rakyat Post

time25-06-2025

  • Automotive
  • Rakyat Post

MIP: Vehicles Will Travel Underground In Kota Madani, Malaysians Say Repair Current Roads First

Subscribe to our FREE The Malaysian Institute of Planners (MIP) president, Datin Mazrina Abdul Khalid recently announced that the upcoming Kota Madani development in Putrajaya will be car-free. According to Mazrina, vehicles will enter the township via an underground route and straight to parking zones three floors below. 'The podium area above, on the fifth floor, is only for pedestrians. So, you can imagine the entire community is able to move from one building or area to another in a car-free environment,' she said. Malaysians question the government's priorities and raised issues that may come with an underground road network Many took to social media to remind the government that there are existing roads with bad conditions that need to be repaired. Some also raised concerns about underground roads, specifically involving flooding whenever there's heavy rain. A few others simply said they do not see the need for such a development, when there are other infrastructure issues that need to be addressed. Kota Madani: the RM4 billion township powered by AI The 41.28-hectare Kota Madani development in Precinct 19, Putrajaya, is a project aimed at redefining urban living in Malaysia's administrative capital. According to New Straits Times, the According to Datuk Seri Dr. Zaliha Mustafa, who serves as the Minister in the Prime Minister's Department (Federal Territories), the project will include 10,000 residential units designed to house over 30,000 individuals, Malay Mail The township, which will be developed vertically, will incorporate artificial intelligence, high-efficiency digital infrastructure, and green mobility systems as part of initiatives aimed at creating a low-carbon, sustainable, and secure city. Kota Madani is targeted for full completion by the end of 2027. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.

Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments
Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments

Yahoo

time17-06-2025

  • Business
  • Yahoo

Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments

Successful MIP VI final close, with over US$6.8 billion of total Fund commitments, as well as another US$1.3 billion of closed and funded co-investment in MIP VI portfolio companies to date Approximately half of MIP VI Fund commitments from North American investors, higher than any previous Macquarie Infrastructure Partners vintage Over 70% of Fund commitments from investors that have previously invested with Macquarie Asset Management's Real Assets division NEW YORK, June 17, 2025--(BUSINESS WIRE)--Macquarie Asset Management today announced the final close of Macquarie Infrastructure Partners VI ("MIP VI" or the "Fund"), with over $US8 billion of total commitments, including over US$6.8 billion of Fund commitments as well as an additional US$1.3 billion of closed and funded co-investment in MIP VI portfolio companies to date. The co-investment completed to date alongside MIP VI is expected to increase further and builds on approximately $US8 billion of closed co-investment across the previous three MIP vintages. Macquarie Infrastructure Partners is Macquarie Asset Management's series of Americas-focused, unlisted infrastructure funds. MIP VI continues the investment philosophy and approach of the MIP platform, which has the longest track record of any infrastructure manager investing in the Americas region. This track record now spans more than 22 years of infrastructure investment expertise in the region and includes more than 55 portfolio company investments and 26 realizations. Consistent with prior MIP vintages, the Fund is focused on high-quality investments across the transportation, digital infrastructure, utilities and energy, and waste infrastructure sectors. MIP VI's investments to date include Diamond Infrastructure Solutions, SwyftFiber, TraPac Terminals, Montreal Metropolitan Airport and Coastal Waste & Recycling. MIP VI has attracted commitments from a diverse group of returning and new investors from around the world, including public and private pension plans, insurance companies, sovereign wealth funds, and investment managers. The Fund saw strong support from its existing investor base, with more than 70% of total commitments coming from investors that have previously invested with Macquarie Asset Management's Real Assets division. Notably, half of the fund commitments were from North American investors, marking the highest proportion of any MIP vintage to be sourced within North America. "We are grateful for the confidence that MIP VI investors have placed in us," said Leigh Harrison, Head of Real Assets for Macquarie Asset Management. "MIP VI's successful capital raise demonstrates investors' ongoing commitment to Macquarie Asset Management's expertise in infrastructure investment and our strong investment track record that spans more than 30 years around the world." "Our clients remain focused on allocating to infrastructure, due to the sector's ability to deliver stable returns as well as provide inflation protection and portfolio diversification benefits," said Karl Kuchel, CEO of Macquarie Infrastructure Partners. "We greatly appreciate investors' ongoing support, which recognizes our team's sector expertise, long-standing experience, and operational capabilities. This allows MIP to continue to access and develop a broad range of high-quality investment opportunities, partner with management teams, support portfolio company growth and create long-term value for our investors." Macquarie Asset Management is a pioneer in infrastructure investment and as one of the largest investors in real assets, Macquarie Asset Management's Real Assets division manages approximately $US209.9 billion across its infrastructure, green investments, and natural assets platforms.1 About Macquarie Asset Management Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately $US588.1 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset. Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,000 people in 34 markets and is listed on the Australian Securities Exchange. All figures as at 31 March 2025 unless otherwise noted. Important Notices (Macquarie Asset Management): None of the entities noted in this media release is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (Macquarie Bank). Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these entities. In addition, if this media release relates to an investment (a) each investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group company guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. 1 As at 31 March 2025. View source version on Contacts Lee +1-347-302-3000Rachel +1-310-800-4512

Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments
Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments

Business Wire

time17-06-2025

  • Business
  • Business Wire

Macquarie Asset Management Closes Macquarie Infrastructure Partners VI With Over $US8 Billion of Total Fund and Co-Investment Commitments

NEW YORK--(BUSINESS WIRE)--Macquarie Asset Management today announced the final close of Macquarie Infrastructure Partners VI ('MIP VI' or the 'Fund'), with over $US8 billion of total commitments, including over US$6.8 billion of Fund commitments as well as an additional US$1.3 billion of closed and funded co-investment in MIP VI portfolio companies to date. The co-investment completed to date alongside MIP VI is expected to increase further and builds on approximately $US8 billion of closed co-investment across the previous three MIP vintages. 'Our clients remain focused on allocating to infrastructure, due to the sector's ability to deliver stable returns as well as provide inflation protection and portfolio diversification benefits,' said Karl Kuchel, CEO of Macquarie Infrastructure Partners. Share Macquarie Infrastructure Partners is Macquarie Asset Management's series of Americas-focused, unlisted infrastructure funds. MIP VI continues the investment philosophy and approach of the MIP platform, which has the longest track record of any infrastructure manager investing in the Americas region. This track record now spans more than 22 years of infrastructure investment expertise in the region and includes more than 55 portfolio company investments and 26 realizations. Consistent with prior MIP vintages, the Fund is focused on high-quality investments across the transportation, digital infrastructure, utilities and energy, and waste infrastructure sectors. MIP VI's investments to date include Diamond Infrastructure Solutions, SwyftFiber, TraPac Terminals, Montreal Metropolitan Airport and Coastal Waste & Recycling. MIP VI has attracted commitments from a diverse group of returning and new investors from around the world, including public and private pension plans, insurance companies, sovereign wealth funds, and investment managers. The Fund saw strong support from its existing investor base, with more than 70% of total commitments coming from investors that have previously invested with Macquarie Asset Management's Real Assets division. Notably, half of the fund commitments were from North American investors, marking the highest proportion of any MIP vintage to be sourced within North America. 'We are grateful for the confidence that MIP VI investors have placed in us,' said Leigh Harrison, Head of Real Assets for Macquarie Asset Management. 'MIP VI's successful capital raise demonstrates investors' ongoing commitment to Macquarie Asset Management's expertise in infrastructure investment and our strong investment track record that spans more than 30 years around the world.' 'Our clients remain focused on allocating to infrastructure, due to the sector's ability to deliver stable returns as well as provide inflation protection and portfolio diversification benefits,' said Karl Kuchel, CEO of Macquarie Infrastructure Partners. 'We greatly appreciate investors' ongoing support, which recognizes our team's sector expertise, long-standing experience, and operational capabilities. This allows MIP to continue to access and develop a broad range of high-quality investment opportunities, partner with management teams, support portfolio company growth and create long-term value for our investors.' Macquarie Asset Management is a pioneer in infrastructure investment and as one of the largest investors in real assets, Macquarie Asset Management's Real Assets division manages approximately $US209.9 billion across its infrastructure, green investments, and natural assets platforms. 1 About Macquarie Asset Management Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately $US588.1 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset. Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,000 people in 34 markets and is listed on the Australian Securities Exchange. All figures as at 31 March 2025 unless otherwise noted. Important Notices (Macquarie Asset Management): None of the entities noted in this media release is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (Macquarie Bank). Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these entities. In addition, if this media release relates to an investment (a) each investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group company guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment. 1

Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point
Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point

Scoop

time11-06-2025

  • Business
  • Scoop

Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point

Press Release – Pax8 The report outlines the emergence of agentic systemsAI-powered agents capable of autonomous action and reasoningand their transformative impact on the global SMB economy. SYDNEY, NSW (June 11, 2025) Pax8, the leading cloud commerce Marketplace, today released its inaugural research report, The Agentic Inflection Point: And the Rise of the Managed Intelligence Provider. The comprehensive study defines the future of small-to-midsized business (SMB) operations, transformed by agentic labor and the democratisation of enterprise-level technology access. It also introduces Managed Intelligence, a bold new framework that enables all stakeholders in the technology ecosystem to navigate this transition and thrive in the agentic era. 'We are standing at the edge of a monumental new era where agentic systems will redefine how work gets done,' said Scott Chasin, CEO of Pax8. 'The proliferation of these AI agents will allow SMBs to compete against large enterprises and scale faster than ever, and Managed Intelligence Providers will be key to enabling the technology. The rate at which this technology is advancing makes the next 24 to 36 months critical. MSPs that evolve quickly into the MIP model will be poised to experience long-term success in the new paradigm.' The report outlines the emergence of agentic systems—AI-powered agents capable of autonomous action and reasoning—and their transformative impact on the global SMB economy. It positions the MIP as the strategic partner that curates, orchestrates and governs intelligent agents: Making the move from simply managing services to truly driving business outcomes for SMBs. The Agentic Inflection Point also serves as a guide for partners ready to embark on their transformation and capitalise on the enormous opportunity in front of them. Key Findings from the Report The Agentic Inflection Point The report focuses on a new paradigm taking shape, where autonomous software agents collaborate with human expertise to redefine business operations. The fusion of AI and automation reduces the time spent between idea and execution, marking the dawn of the Idea Economy, where businesses are built and run by code, and software agents transition from supporting work to doing it. The result is the democratisation of capability, empowering organisations of all sizes with tools once reserved for industry giants. Four Levels of Agents Pax8's research has identified four distinct levels of AI agent functionality, each representing a significant leap in autonomy and business impact. Chatbots: Generative tools that respond to direct human prompts and queries through the use of AI and rules. Assistants: Enhanced chain-of-thought reasoning to decompose complex goals into actionable steps, make decisions based on contextual information and execute multiple operations in sequence. Digital Labor: Operating independently across multiple systems and tools with minimal human oversight. Digital Workforce: Coordinated systems of multiple agents working together, specialising, collaborating and distributing work to accomplish complex objectives at scale. The Rise of the Managed Intelligence Provider The Agentic Inflection Point introduces the Managed Intelligence Provider (MIP) – the next evolution of the MSP. The current MSP model is reaching maturity, with the demands of AI-driven businesses, the complexity of autonomous systems and the need to deliver business outcomes. MIPs guide clients through automation-powered reinvention, leveraging agent marketplaces, governance frameworks and curated solution stacks; reinventing how business gets done. According to survey results in the report, 66 Pax8 partners believe they will be seen as strategic business advisors to their clients in two years, a more than seven-fold increase to their current role as an IT support provider. This data proves that the change in the partner's identification from a reactive vendor to a proactive enabler is already in motion. The Agentic Supply Chain To enable SMBs to compete with enterprise-scale capabilities, the Agentic Supply Chain will emerge, providing the necessary infrastructure to support digital labor. This comprehensive framework of intelligent systems will integrate into business operations and enable marketplaces to become orchestration hubs. In this new supply chain, agents will initiate the buying, selling and scaling of licenses and MIPs will shift from procuring licenses to procuring outcomes. Monetisation Models The age of agentic AI will also introduce new pricing models that align with how MIPs generate revenue. Compared to the legacy model where software is sold by the seat, agentic systems will be sold based on the result they deliver. The Agentic Inflection Point identifies four primary business models for capturing value in this new paradigm: Per Agent (FTE Model): Pricing aligned with the human equivalent they augment or replace. Per Action (Consumption-based): Usage-based pricing is tied directly to the value delivered. Per Workflow (Process-based): Workflow-based pricing that captures the value of end-to-end automation. Per Outcome (Value-based): A sophisticated pricing model tying compensation directly to measurable business outcomes. The AI-Built SMB The Agentic Inflection Point reveals that 54% of midsize enterprises have already deployed AI, and 83% of high-growth SMBs are actively experimenting with it. As AI capabilities mature, Pax8 predicts the rise of the 'AI-Built SMB'—businesses that are AI-native from day one, embedding generative and agentic technologies into every facet of their operations. These companies automate everything from customer service to product development, favor modular, vertical solutions over legacy software suites and often scale with lean teams. This new breed of SMBs aligns more with the agility and innovation of tech startups than traditional small businesses. To lead the agentic transformation, Pax8 is building the foundation for the agentic economy, including an agent marketplace, a Model Context Protocol integration framework, an agentic orchestration platform, a Managed Intelligence toolkit and much more. By connecting builders (SMBs), enablers (MIPs) and producers (software/cloud vendors), Pax8 aims to create an ecosystem that could shape the next trillion-dollar economy.

Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point
Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point

Scoop

time11-06-2025

  • Business
  • Scoop

Pax8 Introduces The Era Of Managed Intelligence In Its 2025 Research Report: The Agentic Inflection Point

SYDNEY, NSW (June 11, 2025) Pax8, the leading cloud commerce Marketplace, today released its inaugural research report, The Agentic Inflection Point: And the Rise of the Managed Intelligence Provider. The comprehensive study defines the future of small-to-midsized business (SMB) operations, transformed by agentic labor and the democratisation of enterprise-level technology access. It also introduces Managed Intelligence, a bold new framework that enables all stakeholders in the technology ecosystem to navigate this transition and thrive in the agentic era. 'We are standing at the edge of a monumental new era where agentic systems will redefine how work gets done,' said Scott Chasin, CEO of Pax8. 'The proliferation of these AI agents will allow SMBs to compete against large enterprises and scale faster than ever, and Managed Intelligence Providers will be key to enabling the technology. The rate at which this technology is advancing makes the next 24 to 36 months critical. MSPs that evolve quickly into the MIP model will be poised to experience long-term success in the new paradigm.' The report outlines the emergence of agentic systems—AI-powered agents capable of autonomous action and reasoning—and their transformative impact on the global SMB economy. It positions the MIP as the strategic partner that curates, orchestrates and governs intelligent agents: Making the move from simply managing services to truly driving business outcomes for SMBs. The Agentic Inflection Point also serves as a guide for partners ready to embark on their transformation and capitalise on the enormous opportunity in front of them. Key Findings from the Report The Agentic Inflection Point The report focuses on a new paradigm taking shape, where autonomous software agents collaborate with human expertise to redefine business operations. The fusion of AI and automation reduces the time spent between idea and execution, marking the dawn of the Idea Economy, where businesses are built and run by code, and software agents transition from supporting work to doing it. The result is the democratisation of capability, empowering organisations of all sizes with tools once reserved for industry giants. Four Levels of Agents Pax8's research has identified four distinct levels of AI agent functionality, each representing a significant leap in autonomy and business impact. Chatbots: Generative tools that respond to direct human prompts and queries through the use of AI and rules. Assistants: Enhanced chain-of-thought reasoning to decompose complex goals into actionable steps, make decisions based on contextual information and execute multiple operations in sequence. Digital Labor: Operating independently across multiple systems and tools with minimal human oversight. Digital Workforce: Coordinated systems of multiple agents working together, specialising, collaborating and distributing work to accomplish complex objectives at scale. The Rise of the Managed Intelligence Provider The Agentic Inflection Point introduces the Managed Intelligence Provider (MIP) – the next evolution of the MSP. The current MSP model is reaching maturity, with the demands of AI-driven businesses, the complexity of autonomous systems and the need to deliver business outcomes. MIPs guide clients through automation-powered reinvention, leveraging agent marketplaces, governance frameworks and curated solution stacks; reinventing how business gets done. According to survey results in the report, 66 Pax8 partners believe they will be seen as strategic business advisors to their clients in two years, a more than seven-fold increase to their current role as an IT support provider. This data proves that the change in the partner's identification from a reactive vendor to a proactive enabler is already in motion. The Agentic Supply Chain To enable SMBs to compete with enterprise-scale capabilities, the Agentic Supply Chain will emerge, providing the necessary infrastructure to support digital labor. This comprehensive framework of intelligent systems will integrate into business operations and enable marketplaces to become orchestration hubs. In this new supply chain, agents will initiate the buying, selling and scaling of licenses and MIPs will shift from procuring licenses to procuring outcomes. Monetisation Models The age of agentic AI will also introduce new pricing models that align with how MIPs generate revenue. Compared to the legacy model where software is sold by the seat, agentic systems will be sold based on the result they deliver. The Agentic Inflection Point identifies four primary business models for capturing value in this new paradigm: Per Agent (FTE Model): Pricing aligned with the human equivalent they augment or replace. Per Action (Consumption-based): Usage-based pricing is tied directly to the value delivered. Per Workflow (Process-based): Workflow-based pricing that captures the value of end-to-end automation. Per Outcome (Value-based): A sophisticated pricing model tying compensation directly to measurable business outcomes. The AI-Built SMB The Agentic Inflection Point reveals that 54% of midsize enterprises have already deployed AI, and 83% of high-growth SMBs are actively experimenting with it. As AI capabilities mature, Pax8 predicts the rise of the 'AI-Built SMB'—businesses that are AI-native from day one, embedding generative and agentic technologies into every facet of their operations. These companies automate everything from customer service to product development, favor modular, vertical solutions over legacy software suites and often scale with lean teams. This new breed of SMBs aligns more with the agility and innovation of tech startups than traditional small businesses. To lead the agentic transformation, Pax8 is building the foundation for the agentic economy, including an agent marketplace, a Model Context Protocol integration framework, an agentic orchestration platform, a Managed Intelligence toolkit and much more. By connecting builders (SMBs), enablers (MIPs) and producers (software/cloud vendors), Pax8 aims to create an ecosystem that could shape the next trillion-dollar economy.

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