Author: News Room

OXFORD, United Kingdom, April 28, 2026 (GLOBE NEWSWIRE) — Lumai, the optical compute company addressing scalable AI, today announced its Lumai Iris inference server – the world’s first optical computing system to successfully run billion-parameter large language models (LLMs) in real time. This marks a milestone in AI infrastructure, demonstrating for the first time the commercial viability of optical compute for large-scale AI inference workloads. Lumai Iris servers accelerate inference workloads using light instead of silicon-based processing. Lumai’s optical compute system enables faster inference, higher execution efficiency, and up to 90% lower energy consumption than conventional architectures, while operating far…

Toronto needs to partner with three other regions to shore up its available paramedics for the FIFA World Cup, as the predicted influx of visitors will put pressure on emergency services, according to recommendations made to the city by officials “Toronto is expected to welcome more than 230,000 additional daily visitors during the tournament, which will place increased demand on the medical emergency response system and transportation networks,” stated Bikram Chawla, the chief of Toronto Paramedic Services and Shannon Bollenbach, the Toronto’s executive director of FIFA, in their proposed plan.If approved by city council, the plan would be executed on…

Prime Minister Mark Carney will visit Armenia this weekend for a summit on European strategic issues amid signs Ottawa is shifting its focus toward bolstering trade and defence ties on the continent. Carney’s office confirmed the visit hours after it was announced Tuesday by European Council President Antonio Costa on social media.The prime minister will be in the Armenian capital, Yerevan, from Saturday until Monday for the European Political Community summit that touches on strategic co-operation for the continent’s politics, security and infrastructure.European leaders launched the twice-annual summits after Russia’s full-scale invasion of Ukraine in 2022. They include all EU…

Dublin, April 28, 2026 (GLOBE NEWSWIRE) — The “Live Streaming Market Report 2026” has been added to ResearchAndMarkets.com’s offering.The live streaming market is on a trajectory of significant growth, projected to expand from $2.09 billion in 2025 to $2.58 billion in 2026, marking a CAGR of 23.1%. This surge is primarily driven by increased internet access, widespread smartphone usage, and the popularity of social media, gaming, and e-sports platforms. Looking ahead, the market is anticipated to reach $5.92 billion by 2030, maintaining the same CAGR of 23.1%. Factors such as the demand for AR/VR streaming, advancements in cloud computing, and…

After a joke by late-night host Jimmy Kimmel drew calls from the White House for ABC to fire the comedian, the U.S. Federal Communications Commission on Tuesday ordered an early license review of the network’s television stations. The standoff between President Donald Trump’s administration and the global entertainment conglomerate is the first crisis facing Walt Disney’s new CEO Josh D’Amaro.Last Thursday, Kimmel, whose late-night TV program airs on Disney’s ABC, did a send-up of the annual White House Correspondents’ Association dinner, joking that First Lady Melania Trump had “a glow like an expectant widow.”The joke was made three days before the actual black-tie dinner,…

San Francisco, CA, April 28, 2026 (GLOBE NEWSWIRE) — The Challenged Athletes Foundation® (CAF) brought the Bay Area community together for an unforgettable evening of purpose and celebration at the 2026 Celebration of Heart Gala, raising over $1.3 million to support individuals with physical disabilities in pursuing active, athletic lives. Held April 17 at Pier 27 in San Francisco, this year’s event embraced the theme Power in Motion, a tribute to the extraordinary momentum created when access, opportunity, and community come together. With more than 400 guests in attendance, the evening was filled with emotion, energy, and powerful reminders of…

Dublin, April 28, 2026 (GLOBE NEWSWIRE) — The “Intermodals Market Report 2026” has been added to ResearchAndMarkets.com’s offering. The intermodals market has experienced significant growth, moving from $34.18 billion in 2025 to $37.7 billion by 2026, at a CAGR of 10.3%. This growth is attributed to the expansion of global trade routes, rail freight infrastructure development, container standardization growth, and increasing demand for multimodal logistics solutions due to fuel cost volatility. The market is projected to reach $55.85 billion by 2030, maintaining a 10.3% CAGR, driven by smart intermodal terminals investments, a focus on low-emission freight transport, international trade volume…

The three were on the initial founding team of OpenAI, with Musk investing up to $38 million early on before the co-founders’ relationship soured over disagreements over company structure and mission, including whether or not OpenAI should be folded into Musk-owned Tesla. Musk walked away and, years later, founded xAI — his own direct competitor to OpenAI, which is now owned by Musk’s SpaceX.In recent years, Musk has filed no less than four different lawsuits against OpenAI, many of which have since been dropped or dismissed. This one, though, names Altman, Brockman, Microsoft, and OpenAI itself as plaintiffs, and it…

Dublin, April 28, 2026 (GLOBE NEWSWIRE) — The “Neuromorphic Computing’s Two-Market Problem: A Capital Allocation Framework for Four Competing Brain-Inspired Architectures, 2025-2030” report has been added to ResearchAndMarkets.com’s offering.The global neuromorphic and brain-inspired AI computing hardware market generated an estimated $50 million in commercial revenue in 2025 and is projected to reach $185 million by 2030, growing at a 30% CAGR – making it one of the smallest segments of the $30-95 billion AI chip market and one of the most heavily invested relative to its size. Published estimates for the same market range from $28.5 million to $6.1 billion…

Dublin, April 28, 2026 (GLOBE NEWSWIRE) — The “Remittance Market Report 2026” has been added to ResearchAndMarkets.com’s offering. The remittance market size has witnessed significant expansion, poised to grow from $828.46 billion in 2025 to $879.24 billion in 2026, with a CAGR of 6.1%. The increasing international labor migration, expansion of global remittance corridors, and dependence on remittances for household income have driven this growth. Furthermore, initiatives to enhance financial inclusion and the development of money transfer operator networks have also contributed to this upward trajectory. Forecasts indicate a promising future for the remittance market, projected to reach $1.14 trillion…