Latest news with #embedding
Daily News Egypt
4 days ago
- Business
- Daily News Egypt
Roche and Egypt's UPA sign MoU on sustainable healthcare procurement
Roche Diagnostics Egypt has signed a Memorandum of Understanding (MoU) with the Egyptian Authority for Unified Procurement (UPA) to help integrate environmental sustainability into the country's healthcare procurement system. The collaboration is aimed at supporting the UPA in embedding green procurement principles and sustainability frameworks across all phases of its healthcare procurement lifecycle, from planning and acquisition to waste management. The initiative is aligned with Egypt's Vision 2030 for Sustainable Development and its national goals for environmental stewardship and resource-efficient healthcare. Under the terms of the agreement, Roche Diagnostics will provide strategic consultancy to support the UPA in embedding environmental sustainability across its procurement policies and operations. The partnership will include tailored capacity-building programmes, such as experience exchange initiatives and hands-on workshops, to equip UPA teams and other stakeholders with practical tools and global expertise. Both parties will also co-develop a comprehensive procurement guideline, aligned with international practices, to facilitate environmentally responsible decision-making throughout the healthcare supply chain. Dr. Liliane Kanaan, General Manager of Roche Diagnostics in Egypt and North Africa, commented: 'At Roche, we believe that a sustainable healthcare system is an imperative. This collaboration with UPA showcases our shared commitment to building resilient, environmentally responsible supply chains. Together, we are taking bold steps to create tangible impact by reducing the healthcare sector's environmental footprint, as well as shaping a procurement model that balances progress with planetary responsibility.' The agreement comes as environmental sustainability becomes a greater priority in policy-making and procurement for governments and international organisations, which are increasingly recognising that responsible sourcing can reduce costs and improve health outcomes. Environmentally conscious procurement can reduce harmful emissions, waste, and the use of hazardous materials, contributing to a cleaner ecosystem and fewer health risks from environmental degradation. It can also generate long-term cost efficiencies through more energy-efficient operations and streamlined supply chains, while enhancing the resilience of healthcare supply networks and encouraging innovation in eco-friendly materials and greener manufacturing practices. The partnership is consistent with Roche's global sustainability strategy, which integrates environmental, social, and economic priorities across its operations. The company has committed to achieving real zero greenhouse gas emissions by 2050 and embeds sustainability into its procurement by working with suppliers to reduce emissions and improve supply chain transparency. Roche stated that most of its total carbon emissions are linked to its supply network, leading it to invest in initiatives such as the Sustainability Supplier Engagement Programme, the Sustainable Markets Initiative (SMI), and the Pharmaceutical Supply Chain Initiative (PSCI). These platforms are designed to help Roche and its partners collectively raise industry standards. The MoU will allow the UPA to access Roche's participation in these global platforms, utilising international expertise and tested frameworks to support Egypt's sustainability agenda. By drawing on Roche's global networks, the collaboration positions Egypt to adopt procurement strategies that balance public health priorities with environmental stewardship, reinforcing Roche Diagnostics' role as a partner in developing Egypt's healthcare system.
Arabian Post
6 days ago
- Business
- Arabian Post
Fairness Redefined: Magic Newton Unveils NEWT Token
The Magic Newton Foundation has unveiled its NEWT token, aiming to revolutionise token launches by embedding transparency and equitable distribution at its core. The native token of the Newton Protocol, NEWT debuts with a fixed supply of 1 billion, of which 21.5%—215 million tokens—is initially available. Designed to tackle persistent issues of insider trading and opaque allocations, NEWT introduces several industry-first safeguards. All allocations are publicly tagged on-chain for independent verification, while quarterly reports will detail usage across community, internal, and liquidity categories. Furthermore, team and contributor allocations are subject to a mandatory 36-month vesting with an initial 12-month lock-up. Solid data underpins the initiative: research indicates insiders preceded 56% of all ERC‑20 listings since 2021, and studies suggest 10–25% of token listings may involve insider activity. Mohammad Akhavannik, Managing Director of the Foundation, said the goal is to 'correct information asymmetry' with full on-chain transparency and equitable distribution. ADVERTISEMENT A significant 60% of the token supply is allocated to community-focused initiatives—growth, ecosystem development, staking, liquidity support—with structured unlocking schedules: 20% at launch, the balance over a 48-month span. The remaining 40% is directed to internal stakeholders—core contributors, early backers, and Magic Labs—with vesting periods designed to align long-term incentives. Beyond tokenomics, NEWT underpins the Newton Protocol's AI-driven automation. It serves four primary roles: securing the network through validator staking; acting as the protocol's native gas fee; funding registration and operational services for AI agent models; and enabling governance participation via staked holdings. The protocol integrates trusted execution environments and zero-knowledge proofs to ensure tasks executed by AI agents adhere to user-defined parameters. Binance has listed NEWT for margin, futures trading, and inclusion in Earn programmes. The token also features on Coinbase, Upbit, Bybit, and Bithumb. Following the announcements from Upbit and Bithumb, NEWT saw a 40% price surge, which was further bolstered by backing from PayPal Ventures and Polygon securing US$90 million in pre-launch investment. The launch included a 10% airdrop—100 million tokens—to early community participants and users active on the Kaito platform, including a 0.9% allocation specifically for Kaito rewards, based on an eligibility snapshot on 20 June 2025. Magic Labs, the principal developer behind Newton Protocol, brings extensive web3 infrastructure experience, having supported over 50 million embedded wallets since 2018 through partnerships with notable platforms such as Polymarket and WalletConnect. This technical legacy, combined with NEWT's layered governance and economic utility, positions the Foundation to challenge established norms in on‑chain finance. Critical voices within the crypto community have noted discrepancies in the top-tier distribution: for example, the top 1,000 social‑platform accounts received 0.9% of the circulating tokens, prompting debate over whether influence is being prioritised over grassroots contributors.
Techday NZ
6 days ago
- Business
- Techday NZ
Tray.ai unveils Merlin Agent Builder 2.0 for enterprise AI scale
has released Merlin Agent Builder 2.0, offering enterprise teams a platform that delivers AI agents capable of executing tasks beyond merely answering questions. The new version of Merlin Agent Builder introduces features designed to address persistent challenges in AI agent deployment within enterprises. Industry data indicates that while a majority of enterprises are investing over $500,000 per year on AI agents, many face difficulties in scaling and deriving value from these solutions. Key obstacles highlighted include lack of complete data, session memory limitations, challenges with large language model (LLM) configuration, and rigid deployment options. Addressing deployment and adoption challenges Rich Waldron, Co-Founder and Chief Executive Officer at said: "Enterprise teams aren't short on ambition when it comes to AI agents - but they are short on results. This release clears the path from prototype to production by removing the blockers that stall adoption. We've built the only platform where enterprises can go from idea to working agent - fast - without compromising trust, flexibility or scale. That's how agent-led transformation actually happens." According to a significant gap exists between building and actual usage of AI agents in workplace settings. Agents that are not integrated with comprehensive and up-to-date knowledge often lose context, make unreliable decisions, and force users to repeat information, which undermines user trust and can lead to underutilisation. Meanwhile, IT and AI teams find it difficult to align LLMs with appropriate use cases, particularly where multiple agents operate in parallel, and encounter added complexity when deploying agents across various platforms. To address these issues, upgraded solution includes advancements in four key areas: integration of smart data sources for rapid knowledge preparation, built-in memory for maintaining context across sessions, multi-LLM support, and streamlined omnichannel deployment. Smart data sources and session memory The Merlin Agent Builder 2.0 offers a new smart data sources feature aimed at simplifying the connection and synchronisation of both structured and unstructured enterprise knowledge. Through a single interface, users can link data from sources like file uploads or Google Drive. This data is then automatically prepared and vectorised to ensure agents are informed with relevant and reliable information. Alistair Russell, Co-Founder and Chief Technology Officer of commented: "Merlin Agent Builder isn't a services wrapper. It's a fundamental part of our product and built for ease of use and scale. It handles chunking and embedding at the source, ensuring each data source is optimally segmented and vectorized so agents are grounded in high-signal, relevant context. That means fewer retrieval failures, more reliable decisions, and agents that reason and take action. It's how teams move fast - without trade-offs." Addressing another common shortcoming of AI agents - context loss between interactions - Merlin Agent Builder 2.0 incorporates built-in memory capabilities. The platform enables agents to recall previous sessions, track conversation history, and manage both short-term and long-term memory requirements automatically. This aims to reduce the need for custom solutions and enhances continuity in user exchanges, improving adoption rates. Flexible large language model support As organisations deploy multiple agents to handle diverse business processes, the ability to configure each agent with the most suitable LLM becomes increasingly important. Merlin Agent Builder 2.0 supports multiple LLM providers, including OpenAI, Gemini, Bedrock, and Azure. Teams can assign specific models to individual agents with tailored configurations, avoiding proprietary lock-in and supporting privacy-driven workflows where necessary. Unified deployment across channels The updated release allows teams to build an agent once and deploy it seamlessly across communication and application environments such as Slack, web applications, and APIs, or for autonomous operations. The delivery configuration is incorporated directly into the agent setup process, which eliminates the need for repeated setup and technical adjustments for different channels. With these updates, targets what it identifies as critical needs for enterprises: simplified data onboarding, session-aware agents, flexible modelling, and consistent deployment experiences. The company states that by providing these features in a unified platform, both IT and business teams are better positioned to transition from pilot projects to production-ready AI agents that are actively used by employees and customers alike.
Korea Herald
13-06-2025
- Business
- Korea Herald
Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
GUANGZHOU, China, June 13, 2025 /PRNewswire/ -- Starting June 16, the ChiNext Index will implement methodology adjustments, including a 20% cap on individual stock weights and an ESG negative screening mechanism, aiming to enhance the index's focus on high-growth, innovative firms while aligning with global standards. As of June 10, ETFs tracking the ChiNext Index held more than US$ 16.1 billion in assets, led by the E Fund ChiNext ETF (159915) accounting for US$ 11.6 billion under E Fund Management, China's largest mutual fund manager. Launched in 2010, the ChiNext Index, comprising 100 growth-oriented and innovative enterprises listed on the ChiNext Board, has undergone 53 revisions, reflecting China's economic transformation. The latest changes will further optimize its structure to emphasize emerging growth sectors –new-generation information technology (34%), new energy vehicle (24%) and healthcare (12%), underscoring its alignment with China's strategic shift toward high-tech innovation. According to Wind, its constituent companies have posted revenue growth of 9.5% YoY and ROE exceeding 12.5% in Q1 2025, demonstrating resilient profitability and breakthroughs in AI chips, EV batteries, and precision medicine. Valuation metrics reinforced appeal: the index trades at a 31x P/E ratio as of June 10, near the 10th percentile since its listing. By curbing concentration risks and embedding ESG criteria, the reforms strengthen the index's role in reflecting industrial evolution in China and global investment trends. International participation has surged through cross-border channels like Stock Connect, QFII, and feeder funds listed on foreign exchanges. The E Fund ChiNext ETF (159915), the largest among related ETFs, has consistently been the preferred instrument for international investors seeking exposure to China's tech-driven growth since its inclusion in the ETF Connect program in 2022, Over the past year, the fund has drawn in approximately US$ 2.55 billion, highlighting its appeal as a pivotal option in China's equity ETF market. About E Fund Established in 2001, E Fund Management Co., Ltd. ("E Fund") is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 497 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers. Source: E Fund. AuM includes subsidiaries. Data as of March 31, 2025. FX rate is sourced from PBoC.
Yahoo
13-06-2025
- Business
- Yahoo
Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
GUANGZHOU, China, June 13, 2025 /PRNewswire/ -- Starting June 16, the ChiNext Index will implement methodology adjustments, including a 20% cap on individual stock weights and an ESG negative screening mechanism, aiming to enhance the index's focus on high-growth, innovative firms while aligning with global standards. As of June 10, ETFs tracking the ChiNext Index held more than US$ 16.1 billion in assets, led by the E Fund ChiNext ETF (159915) accounting for US$ 11.6 billion under E Fund Management, China's largest mutual fund manager. Launched in 2010, the ChiNext Index, comprising 100 growth-oriented and innovative enterprises listed on the ChiNext Board, has undergone 53 revisions, reflecting China's economic transformation. The latest changes will further optimize its structure to emphasize emerging growth sectors –new-generation information technology (34%), new energy vehicle (24%) and healthcare (12%), underscoring its alignment with China's strategic shift toward high-tech innovation. According to Wind, its constituent companies have posted revenue growth of 9.5% YoY and ROE exceeding 12.5% in Q1 2025, demonstrating resilient profitability and breakthroughs in AI chips, EV batteries, and precision medicine. Valuation metrics reinforced appeal: the index trades at a 31x P/E ratio as of June 10, near the 10th percentile since its listing. By curbing concentration risks and embedding ESG criteria, the reforms strengthen the index's role in reflecting industrial evolution in China and global investment trends. International participation has surged through cross-border channels like Stock Connect, QFII, and feeder funds listed on foreign exchanges. The E Fund ChiNext ETF (159915), the largest among related ETFs, has consistently been the preferred instrument for international investors seeking exposure to China's tech-driven growth since its inclusion in the ETF Connect program in 2022, Over the past year, the fund has drawn in approximately US$ 2.55 billion, highlighting its appeal as a pivotal option in China's equity ETF market. About E Fund Established in 2001, E Fund Management Co., Ltd. ("E Fund") is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 497 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers. Source: E Fund. AuM includes subsidiaries. Data as of March 31, 2025. FX rate is sourced from PBoC. View original content to download multimedia: SOURCE E Fund Management
