Latest news with #Iota
Yahoo
25-05-2025
- Climate
- Yahoo
Scientists sound alarm as unsettling phenomenon creeps across coastal communities: 'I had a house … now it is at the bottom of the sea'
It can take years or even decades for communities to recover from hurricanes. Latin America is still reeling from hurricanes Eta and Iota, which hit two weeks apart in 2020. According to The Loss and Damage Collaboration, Hurricane Iota affected 7 million people. On the Colombian islands of Providencia and Santa Catalina, Iota reportedly destroyed 98% of the infrastructure. Colombia and Honduras had been dealing with the effects of rising temperatures before the storms hit, including other hurricanes, droughts, floods, and rising sea levels. Fish used to be a food source, but fishing has become more difficult. Dagoberto Majano from Honduras blames warming temperatures for this. "Within the climatic situation, there has been a shortage of fish because the sea has warmed a lot, the waters warm, and the species try to go to the depths further away," he said, per The Loss and Damage Collaboration. Agriculture is also not providing for these communities like it used to, forcing people to migrate. Honduras resident Delvis Velázquez Cardenas said that food became more expensive in the drier weather. This forced her husband to move to the U.S. to find work. That was a common consequence. People also lose their homes. Francis Azucena Cruz told The Loss and Damage Collaboration: "I had a house. ... Now it is at the bottom of the sea." According to Molly Wood, a journalist and tech investor, warming temperatures are like steroids for weather. These storms were already going to happen, but the warmer weather intensifies them. As storms become more unpredictable and dangerous, more people will be forced from their homes. It's not just Latin America seeing climate migration. In the U.S. between 2000 and 2022, about 3.2 million people moved or were displaced because of flooding risks. Do you think we should deal with air pollution by burying things underground? Sounds great No way Only for certain waste I'm not sure Click your choice to see results and speak your mind. Dirty energy contributes to the planet's warming and the strengthening of extreme weather events. Burning fossil fuels, mining, and drilling are all considered dirty energy because they produce polluting gases. To understand what's happening, you should explore critical climate issues to find solutions. One way to reduce climate migration is to reduce dirty energy use, such as by installing solar panels with a battery on your home. Solar panels don't produce polluting gases, so they cut down on what's emitted into the atmosphere. They also make your home more resilient in extreme weather events since you won't have to rely on the grid during power outages. EnergySage has a marketplace where you can seamlessly compare installers in your area, just like you would insurance providers. The energy company can also help you save up to $10,000 on installation costs. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Korea Herald
21-04-2025
- Business
- Korea Herald
The Ritz-Carlton to return to Seoul in 2031
The Ritz-Carlton, a top-tier luxury hotel brand, is set to return to South Korea, having been selected to operate a hotel at the redeveloped Millennium Hilton Seoul site by 2031, the asset manager for the site announced Monday. Igis Asset Management, which is in charge of running the Iota project that involves the redevelopment of the premises of the former Millennium Hilton Seoul in Jung-gu into a mixed-use property, selected The Ritz-Carlton brand as the preferred bidder to run the hotel to be rebuilt at the site. While top global hotel operators submitted letters of intent to run the redeveloped hotel, including Hilton, Hyatt, IHG and Accor, Igis chose to team up with The Ritz-Carlton. The brand is a top-tier luxury label under the wings of hotel giant Marriott International, which owns a portfolio of more than 30 hotel brands. Marriott International had previously operated The Ritz-Carlton hotel in southern Seoul from 1995 until it closed in 2016. There has not been a Ritz-Carlton hotel in the capital city since. The new hotel aims to open in 2031. The Iota project spans roughly 460,000 square meters, and extends out to the nearby Metro and Seoullo Towers. It will feature the redeveloped hotel, office towers, retail spaces and a public green area. Of the property, the hotel will take up some 58,400 square meters. With its management and disposal plan recently authorized, the Iota project is ready to embark soon, the asset manager explained. 'We selected The Ritz-Carlton in light of the brand's willingness to set up the most luxurious hotel in Seoul, its specialty on the Korean market and its global recognition,' an official from Igis Asset Management said. 'The return of The Ritz-Carlton will upgrade Seoul's status in the luxury hotel market across Asia, and enhance the charm of Seoul Station-Namsan downtown area.'
Associated Press
13-02-2025
- Business
- Associated Press
World's Largest Virtual AI Startup Competition Featuring $500K+ Prize Pool Kicks off March 3rd
02/13/2025, Toronto, Canada // KISS PR Brand Story PressWire // GDA Capital and Alpaca Network, in partnership with Founders Hub Network & Devolved AI, are proud to announce the inaugural Next Top AI Agent, the world's largest AI agent start-up competition bringing together over 4 million developers and tech leaders virtually to build and present their most impactful AI agents over the course of 1 month. This event features a prize pool exceeding $500,000 in grants and prizes and reaches a global audience of top innovators and enthusiasts. Virtual AI Startup Competition Next Top AI Agent competition will run March 3-31, 2025 The competition features a structured one-month incubation period, where participants will refine their startups with continuous guidance and incentives. Additionally, expert-led webinars throughout the competition will provide vital insights into succeeding in the AI and blockchain space. 'Our mission is to inspire and support the next wave of AI entrepreneurs,' said Joaquim Miro, Core Contributor at Alpaca Network. 'By offering funding, mentorship, and education, we are unlocking the untapped potential of global innovators.' The startup competition is also hosted in partnership with the Blockchain Education Network (BEN)—renowned for nurturing Web3 unicorns like Augur, Iota, and Optimism. Many universities, from both the student and faculty perspective, are getting involved in the competition to direct builders on campus. 'AI and blockchain technology are both disruptive technologies and through this competition, we aim to inspire the brightest minds globally to drive innovation and solve real-world challenges at the convergence of these two transformative technologies. In addition, we want to create the startup initiatives that we wish existed while we were in University for young entrepreneurs to access the capital and network to build companies faster,' said Michael Gord, Founder & CEO of GDA Capital. 'Next Top AI Agents is not just a competition; it's a platform to accelerate innovation and scale AI projects globally,' said Nathan Peterson, Founder & CEO of Devolved AI. Vaughn DiMarco, Core Contributor at Alpaca Network followed with 'We are empowering builders with the tools and resources to achieve market-ready solutions; we are excited to find the hidden gems and help them shine.' The Next Top Startup Competition series has previously garnered support from industry leaders including Mastercard, JP Morgan, Oracle, Robinhood, Super Shyft, Bullperks & TrustSwap. These partnerships ensure that participants have access to unparalleled mentorship and resources to launch real companies after the end of the competition. About GDA Capital GDA Capital is a global leader in digital asset investment and capital markets advisory, specializing in go to market and go public strategies, capital formation, and tokenomics. The firm is at the forefront of the blockchain and AI revolution, enabling disruptive blockchain projects to reach their full potential. About Devolved AI Devolved AI leverages decentralized tokenization to power AI development and adoption. The company's mission is to empower innovators to create and manage decentralized large language models. About Alpaca Network Alpaca Network is the home and onramp for AI Agents, by providing cutting-edge tools for AI model tokenization, bridging the gap between traditional finance and emerging AI technologies. PacaSearch is currently the largest AI Agent search engine in the world with over 18,000 AI Agents and AI applications. The tech lab is also about to release a 3 click tokenization platform for open source AI models in February, which will work 100% on BASE chain, allowing 1.3 million model developers to crowdfund more easily via Initial Model Offerings. Media Contact
Korea Herald
06-02-2025
- Business
- Korea Herald
Top hotel chains eye Hilton Seoul redevelopment
Major hotel franchises are vying to operate a new hotel to be launched as part of the Millennium Hilton Seoul redevelopment project, betting on the site's lucrative potential. While the redevelopment project involving the former Millennium Hilton Seoul site near Namsan and Seoul Station is underway, led by local real estate asset manager Igis Asset Management, top global hotel operators have submitted letters of intent to run the redeveloped hotel, industry sources said Thursday. Each chain has put forward its top-notch luxury brands in the competition, with Marriott pushing for Ritz-Carlton, Hilton for Waldorf Astoria, Hyatt for Alila, IHG for Regent, Accor for Sophitel, Kerzner International for One & Only and Shangri-La for its eponymous brand. The project, dubbed Iota, will transform the 339,000-square-meter site into a mixed-use property, encompassing office towers, a six-star hotel, retail spaces and a public green area. The total redevelopment area is over 460,000 square meters. Construction is slated to begin in the first half of 2025. With more foreign tourists visiting Korea, global hotel operators are eyeing to expand their presence here. In 2024, 16.37 million foreign tourists visited Seoul, marking a 48.4 percent rise on-year. Backed by the growth, hotels in the Seoul area have been enjoying high occupancy rates. The average occupancy rate of major hotels in Seoul was reported to be above 80 percent in November last year, a relatively high number for the offseason. While the Iota project is expected to wrap up around 2030, the iconic hotel lobby of the Millennium Hilton Seoul will be preserved throughout the redevelopment process. The hotel property featured a main lobby at the entrance which was designed by the nation's leading contemporary architect, Kimm Jong-soung. 'Top hotel brands have shown a willingness to operate a hotel on the Hilton Seoul site. The launch of a global luxury hotel brand will strengthen Seoul's appeal,' an official from the real estate industry said.
