logo
Mitsubishi Electric Researcher Named Kaggle Competitions Master in World's Largest AI Competition

Mitsubishi Electric Researcher Named Kaggle Competitions Master in World's Largest AI Competition

Yahoo27-03-2025

Title, presented to Kaggle's top 1%, recognizes mathematical-optimization and machine-learning skills
TOKYO, March 27, 2025--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Dr. Kenji Ueda, a researcher at the company's Advanced Technology R&D Center in Japan, has been awarded the title of Kaggle Competitions Master by Kaggle, INC., a Google LLC subsidiary and the world's largest AI competition platform.
Kaggle medals recognize competitors who use superior skills in mathematical optimization or machine learning to develop effective solutions to challenges posed by companies and government agencies. The title of Kaggle Competitions Master is awarded based on the total number of medals a competitor accumulates. Dr. Ueda was awarded his title as a result of accumulating one gold medal and two silver or higher medals in competitions over the past few years, thereby fulfilling the requirements for the award.
Dr. Ueda has used his advanced skills and experience in mathematical optimization and machine learning, honed through daily research and development, to compete in Kaggle competitions in collaboration with internal and external team members. Previously, Dr. Ueda won a silver medal by placing 29th out of 1,054 teams in the Santa 2023 - The Polytope Permutation Puzzle competition to efficiently solve 3D puzzles using AI. He also won a gold medal by placing 10th out of 1,427 teams in the ARC Prize 2024 competition to harness the abstract reasoning abilities of AI. In addition, he secured a silver medal by placing 28th out of 1,514 teams in the Santa 2024 - The Perplexity Permutation Puzzle competition to minimize the perplexity of the large language model (LLM) by using AI to reorder English word sequences.
For the full text, please visit: www.MitsubishiElectric.com/news/
View source version on businesswire.com: https://www.businesswire.com/news/home/20250326451254/en/
Contacts
Customer Inquiries Advanced Technology R&D CenterMitsubishi Electric CorporationFax: +81-6-6497-7285www.MitsubishiElectric.com/ssl/contact/company/rd/form.html www.MitsubishiElectric.com/en/about/rd/ Media Inquiries Takeyoshi KomatsuPublic Relations DivisionMitsubishi Electric CorporationTel: +81-3-3218-2346prd.gnews@nk.MitsubishiElectric.co.jp www.MitsubishiElectric.com/news/

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Building More Scalable GenAI Applications for Startups and Developers
Building More Scalable GenAI Applications for Startups and Developers

TechCrunch

time7 hours ago

  • TechCrunch

Building More Scalable GenAI Applications for Startups and Developers

In this TechCrunch Sessions: AI event, Oracle shares a rundown of how MySQL HeatWave empowers you in building AI-based solutions in areas such as personal productivity, automating workflows for compliance, service, or support, and increasing efficiencies in healthcare, among others. By leveraging HeatWave's built-in vector store, in-database LLMs, in-database machine learning capabilities, and massively parallel processing architecture, teams can develop richer GenAI applications that incorporate real-time data, advanced personalization, and complex retrieval-augmented generation techniques without the need for separate, specialized databases or complex ETL processes. This approach simplifies the GenAI development stack, accelerates time-to-market, and allows startups and developers to focus on innovation rather than infrastructure management, ultimately enabling the creation of more powerful, responsive, and scalable GenAI solutions. And for the rest of our Sessions: AI programming, check out our playlist here.

Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA
Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA

Yahoo

time9 hours ago

  • Yahoo

Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA

All amounts in Canadian dollars unless specified otherwise SASKATOON, Saskatchewan, June 06, 2025--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) reports an expected increase of approximately $170 million (US) in our 49% equity share of Westinghouse Electric Company's (Westinghouse) 2025 second quarter and annual adjusted EBITDA. The expected increase is tied to Westinghouse's participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco. In addition to the increase in adjusted EBITDA in 2025, we expect significant financial benefits for Westinghouse, as a subcontractor, over the term of the Dukovany construction project and related to the provision of the fuel fabrication services required for both reactors for a specified period. The outlook for Westinghouse's compound annual growth rate for adjusted EBITDA remains 6% to 10% over the next five years, excluding the impact of the expected $170 million (US) increase in its 2025 adjusted EBITDA. Cameco owns a 49% interest in Westinghouse and its partner, Brookfield Renewable Partners, owns the remaining 51%. Caution about forward-looking informationThis news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include our expectations regarding: Westinghouse's participation in the Dukovany power plant construction project; an increase in Westinghouse's adjusted EBITDA; Westinghouse taking this increase into consideration in determining the 2025 distribution payable to Cameco; the financial benefits for Westinghouse, as subcontractor, over the term of the Dukovany construction project and the expected future growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Material risks that could lead to different results include the risk that Westinghouse is not able to participate in the Dukovany construction project on a basis that achieves the currently expected benefits to Westinghouse for any reason, or that Cameco may not derive the expected increases in its share of Westinghouse's adjusted EBITDA, or that Westinghouse does not achieve the expected future annual growth in adjusted EBITDA. In presenting the forward-looking information, we have made material assumptions which may prove incorrect about Westinghouse's participation in the Dukovany construction project and related potential benefits to Westinghouse, and continuing growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Non-IFRS MeasuresAdjusted EBITDA is a measure that does not have a standardized meaning or a consistent basis of calculation under International Financial Reporting Standards (a non-IFRS measure). Westinghouse's adjusted EBITDA is defined as its net income, adjusted for the impact of certain expenses, costs, charges or benefits incurred in such period which are either not indicative of underlying business performance or that impact the ability to assess the operating performance of its business. For more information regarding our use of this non-IFRS measure see our most recent annual and quarterly Management's Discussion and Analysis. ProfileCameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada. As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated. View source version on Contacts Investor inquiries Cory Kos 306-716-6782 cory_kos@ Media inquiries Veronica Baker 306-385-5541 veronica_baker@ Sign in to access your portfolio

Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA
Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA

Yahoo

time9 hours ago

  • Yahoo

Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA

All amounts in Canadian dollars unless specified otherwise SASKATOON, Saskatchewan, June 06, 2025--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) reports an expected increase of approximately $170 million (US) in our 49% equity share of Westinghouse Electric Company's (Westinghouse) 2025 second quarter and annual adjusted EBITDA. The expected increase is tied to Westinghouse's participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco. In addition to the increase in adjusted EBITDA in 2025, we expect significant financial benefits for Westinghouse, as a subcontractor, over the term of the Dukovany construction project and related to the provision of the fuel fabrication services required for both reactors for a specified period. The outlook for Westinghouse's compound annual growth rate for adjusted EBITDA remains 6% to 10% over the next five years, excluding the impact of the expected $170 million (US) increase in its 2025 adjusted EBITDA. Cameco owns a 49% interest in Westinghouse and its partner, Brookfield Renewable Partners, owns the remaining 51%. Caution about forward-looking informationThis news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include our expectations regarding: Westinghouse's participation in the Dukovany power plant construction project; an increase in Westinghouse's adjusted EBITDA; Westinghouse taking this increase into consideration in determining the 2025 distribution payable to Cameco; the financial benefits for Westinghouse, as subcontractor, over the term of the Dukovany construction project and the expected future growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Material risks that could lead to different results include the risk that Westinghouse is not able to participate in the Dukovany construction project on a basis that achieves the currently expected benefits to Westinghouse for any reason, or that Cameco may not derive the expected increases in its share of Westinghouse's adjusted EBITDA, or that Westinghouse does not achieve the expected future annual growth in adjusted EBITDA. In presenting the forward-looking information, we have made material assumptions which may prove incorrect about Westinghouse's participation in the Dukovany construction project and related potential benefits to Westinghouse, and continuing growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Non-IFRS MeasuresAdjusted EBITDA is a measure that does not have a standardized meaning or a consistent basis of calculation under International Financial Reporting Standards (a non-IFRS measure). Westinghouse's adjusted EBITDA is defined as its net income, adjusted for the impact of certain expenses, costs, charges or benefits incurred in such period which are either not indicative of underlying business performance or that impact the ability to assess the operating performance of its business. For more information regarding our use of this non-IFRS measure see our most recent annual and quarterly Management's Discussion and Analysis. ProfileCameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada. As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated. View source version on Contacts Investor inquiries Cory Kos 306-716-6782 cory_kos@ Media inquiries Veronica Baker 306-385-5541 veronica_baker@

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store