Latest news with #NTDP
Ottawa Citizen
3 days ago
- Sport
- Ottawa Citizen
Calgary & Lethbridge to be host cities for the 2025 CHL USA Prospects Challenge
Article content Calgary and Lethbridge will the host cities for the 2025 CHL USA Prospects Challenge. Article content The first game of the two-game series will take place on Tuesday, November 25 at Scotiabank Saddledome in Calgary, while the second contest will be held the following night on Wednesday, November 26 at Arena in Lethbridge. Article content Article content First introduced in 2024, the CHL USA Prospects Challenge is a two-game series that sees the top NHL Draft-eligible prospects from the CHL's Member Leagues (WHL, OHL & QMJHL) compete against those from USA Hockey's National Team Development Program (NTDP) Under-18 Team. Article content Article content 'We are thrilled to bring the CHL USA Prospects Challenge to Calgary and Lethbridge this November,' said Dan MacKenzie, President of the CHL. 'These two passionate hockey communities will provide an exceptional backdrop to highlight the CHL's top prospects eligible for the 2026 NHL Draft, giving fans in both of these markets the opportunity to see a premier best-on-best competition featuring the next generation of NHL talent. This event not only highlights elite competition but also strengthens the cross-border rivalry that makes this series so compelling for fans and scouts alike.' Article content Article content
Calgary Herald
3 days ago
- Sport
- Calgary Herald
Calgary & Lethbridge to be host cities for the 2025 CHL USA Prospects Challenge
Article content Calgary and Lethbridge will the host cities for the 2025 CHL USA Prospects Challenge. Article content The first game of the two-game series will take place on Tuesday, November 25 at Scotiabank Saddledome in Calgary, while the second contest will be held the following night on Wednesday, November 26 at Arena in Lethbridge. Article content Article content First introduced in 2024, the CHL USA Prospects Challenge is a two-game series that sees the top NHL Draft-eligible prospects from the CHL's Member Leagues (WHL, OHL & QMJHL) compete against those from USA Hockey's National Team Development Program (NTDP) Under-18 Team. Article content Article content 'We are thrilled to bring the CHL USA Prospects Challenge to Calgary and Lethbridge this November,' said Dan MacKenzie, President of the CHL. 'These two passionate hockey communities will provide an exceptional backdrop to highlight the CHL's top prospects eligible for the 2026 NHL Draft, giving fans in both of these markets the opportunity to see a premier best-on-best competition featuring the next generation of NHL talent. This event not only highlights elite competition but also strengthens the cross-border rivalry that makes this series so compelling for fans and scouts alike.' Article content Article content
Associated Press
18-06-2025
- Business
- Associated Press
Kneron Secures Grant from Saudi Arabia's NTDP, Marking Strategic Milestone in the Middle East
Selected for the RELOCATE Program, Supporting Vision 2030 Deep-Tech Strategy SAN DIEGO, CA, UNITED STATES, June 18, 2025 / / -- Kneron, a global leader in edge AI computing solutions, announced it has been selected for RELOCATE, a strategic deep-tech initiative under Saudi Arabia's National Technology Development Program (NTDP), and awarded a non-equity grant from the Saudi government. This milestone marks a pivotal step in expanding Kneron's advanced AI chip development and commercialization efforts across the Middle East. The RELOCATE program, led by the Ministry of Communications and Information Technology (MCIT), plays a central role in Saudi Arabia's Vision 2030 plan to establish the Kingdom as a global technology hub. The initiative aims to attract at least 50 semiconductor design companies and develop a talent pipeline of 20,000 AI professionals by 2030. Kneron was chosen for its proven expertise in reconfigurable Neural Processing Units (NPUs) and its strong potential to scale AI solutions globally. The secured grant will be used to establish a technological hub in Saudi Arabia for advanced AI chip R&D and commercialization, leveraging the Kingdom's growing semiconductor infrastructure and innovation ecosystem. Prior to this, Kneron had already formed a strategic partnership with the National Semiconductor Hub (NSH), which is dedicated to fostering a fabless semiconductor ecosystem in Saudi Arabia. The company is also in the process of setting up a local subsidiary in Riyadh, further contributing to the country's ambition to achieve technological sovereignty and build a robust AI-driven industry. Saudi Arabia is currently investing $100 billion to build 'Transcendence,' a next-generation technology hub, and is emerging as a central player in the region's digital economy. Kneron plans to expand its presence in the Middle East by introducing its technologies into key sectors such as enterprise AI, smart cities, and digital transformation. Albert Liu, Founder and CEO of Kneron, commented, 'The Saudi government's bold investments in AI and the swift execution of the RELOCATE program are truly impressive. We are excited about the opportunity to integrate our AI chip technologies into Saudi Arabia's smart city infrastructure and to contribute to building a regional model for transformative technological innovation.' A spokesperson from NTDP stated, 'We are pleased to welcome Kneron into the RELOCATE program as a testament to Saudi Arabia's growing appeal as a global hub for deep-tech innovation. With its cutting-edge expertise in edge AI and semiconductor design, Kneron aligns perfectly with our vision to build a knowledge-driven economy and establish a world-class semiconductor ecosystem under Vision 2030. We believe this partnership will not only accelerate Kneron's regional growth but also contribute meaningfully to Saudi Arabia's technological advancement and digital transformation.' Kneron's participation in RELOCATE reinforces its commitment to innovation in high-growth markets and its broader mission to 'empower industries through AI.' The company will continue to deliver on its mission to 'empower industries through AI' by advancing the adoption of edge AI chips in areas such as smart cities and Industry 4.0. About Kneron Kneron is a global leader in edge AI solutions, delivering lightweight, energy-efficient neural processing units (NPUs) and software for on-device intelligence across industries. Backed by investors such as Sequoia Capital, Qualcomm, and Foxconn, Kneron is driving the adoption of AI at the edge with its reconfigurable architecture, enabling real-time, secure, and efficient AI performance in everything from smart cities to enterprise systems. Tiffany Chang Kneron [email protected] Visit us on social media: LinkedIn Instagram Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Leaders
25-05-2025
- Business
- Leaders
Saudi Arabia Ignites AI Innovation with Groundbreaking Startup Incubator
Saudi Arabia is significantly increasing its investment in artificial intelligence (AI) by launching a national incubator program. This initiative aims to accelerate the growth of early-stage AI startups across the Kingdom. The Ministry of Communications and Information Technology (MCIT) leads this four-month program through its Centre of Digital Entrepreneurship. Comprehensive Support for Startups The incubator will support 20 AI ventures by providing essential resources such as mentorship, funding, and workspace. Additionally, participants will gain access to government-backed digital incentives that enhance their growth potential. Financial support will come from the National Technology Development Program (NTDP), ensuring startups receive the necessary funding to thrive. Moreover, strategic partnerships with key organizations will help startups access vital technical and commercial expertise. Collaborations with the Saudi Data and AI Authority (SDAIA), the Saudi Company for Artificial Intelligence, SambaNova, and BIM Ventures will strengthen the program's impact. These partnerships will provide startups with the tools they need to succeed in a competitive market. Aligning with Vision 2030 Goals This initiative aligns with Saudi Arabia's Vision 2030 strategy, which aims to build a diversified, knowledge-driven economy. By reducing long-term dependence on oil revenues, the Kingdom seeks to foster innovation and entrepreneurship. The incubator follows the recent launch of Humain, a PIF-backed AI company focused on enhancing national capabilities in data infrastructure, machine learning, and cloud computing. By targeting early-stage companies with tailored support, the new incubator aims to establish a competitive AI ecosystem. This ecosystem will position the Kingdom as a regional and global leader in emerging technologies. Ultimately, this initiative represents a significant step forward in Saudi Arabia's commitment to advancing its tech economy and fostering innovation. Short link : Post Views: 22
CairoScene
25-05-2025
- Business
- CairoScene
Saudi Arabia Launches AI Startup Incubator to Boost Tech Economy
A new incubator led by the Ministry of Communications and Information Technology will support 20 AI startups. May 25, 2025 Saudi Arabia is ramping up its investment in artificial intelligence with the launch of a national incubator programme designed to accelerate the growth of early-stage AI startups. Led by the Ministry of Communications and Information Technology (MCIT) through its Centre of Digital Entrepreneurship, the four-month programme will support 20 AI ventures with mentorship, funding, workspace, and access to government-backed digital incentives. Financial support will come via the National Technology Development Program (NTDP), while strategic partnerships with the Saudi Data and AI Authority (SDAIA), the Saudi Company for Artificial Intelligence, SambaNova, and BIM Ventures will help startups access technical and commercial expertise. The initiative is a key part of Saudi Arabia's Vision 2030 strategy, which seeks to build a diversified, knowledge-driven economy and reduce long-term dependence on oil revenues. It also follows the recent launch of Humain, a PIF-backed AI company focused on building national capabilities in data infrastructure, machine learning, and cloud computing. By targeting early-stage companies with tailored support, the new incubator aims to lay the foundation for a competitive AI ecosystem capable of positioning the Kingdom as a regional and global leader in emerging technologies.
