Latest news with #NAI
Business Upturn
4 days ago
- Business
- Business Upturn
Piramal Pharma successfully clears US FDA GMP inspection at Aurora facility
By Aman Shukla Published on June 2, 2025, 10:32 IST Piramal Pharma Limited has successfully completed the US FDA Good Manufacturing Practices (GMP) inspection at its Aurora, Canada facility. The inspection took place from May 26 to May 30, 2025. The US FDA conducted a thorough general GMP inspection, evaluating the facility's compliance with stringent manufacturing standards. Piramal Pharma's Aurora site was awarded a clean slate with zero Form 483 observations and received a No Action Indicated (NAI) designation, underscoring its commitment to excellence and regulatory compliance. This successful inspection reinforces Piramal Pharma's position as a leading pharmaceutical company dedicated to maintaining the highest quality standards in drug manufacturing. The company continuously strives to ensure the safety, efficacy, and quality of its products for patients worldwide. This successful inspection reinforces Piramal Pharma's position as a leading pharmaceutical company dedicated to maintaining the highest quality standards in drug manufacturing. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Insider
27-05-2025
- Business
- Business Insider
The Last Great (Non-Government) Paramount (NASDAQ:PARA) / Skydance Roadblock: Mario Gabelli
For everyone who has been keeping score at home, you know like I do that the merger between entertainment giant Paramount (PARA) and Skydance is far from a done deal. While Paramount still, at last report, believes that the merger can be completed before June ends, there were still some issues left. The Federal Communications Commission (FCC) has not yet signed off. A lawsuit between Paramount and President Donald Trump is still in place. Two smaller lawsuits from Rhode Island and New York City pension funds are in the way. Confident Investing Starts Here: And then, there is Mario Gabelli. Gabelli represents investors who, together, own around 12.5% of Paramount's class A voting shares. This makes Gabelli head of the second-largest bloc of class A shareholders next to Shari Redstone. And Gabelli has been objecting to the merger almost since its inception, but not much has been heard on that front recently. With that massive question mark in place, I went looking. I managed to find the contact information for Mr. Christopher Marangi, the co-CIO for GAMCO Investors, founded by Mario Gabelli himself. And over the course of several weeks, I managed to get Mr. Marangi to sit down for a few questions about the current state of the lawsuit, and just what was going on in relation to Mr. Gabelli's pursuit of Paramount. The Question and Answer Portion TipRanks: Back in July 2024, Mr. Gabelli brought in the lawsuit in Delaware's Chancery Court, seeking information to ensure investors got a worthwhile deal themselves. Paramount seemed concerned about that deal, to the point that reports noted that RedBird Capital's Gerry Cardinale was dispatched to speak to Mr. Gabelli personally about the matter. What was Mr. Gabelli hoping to find as a result of that case? Marangi: As you are aware, National Amusements chose to conduct the sale of Paramount through a two-step process. In Step 1, NAI would sell themselves (along with the controlling interest in Paramount) to Skydance and in Step 2, Skydance would merge with Paramount. As a practical matter, this had the effect of allowing Skydance/NAI to keep the price paid for NAI's Paramount stake confidential. In addition, the transaction was conducted without a shareholder vote which left GAMCO in the position of being forced to either take inferior stock (i.e. non-voting) in the merged company or cash that may have been deeply discounted from what NAI received. GAMCO launched what it has called Project Fishbowl to gather information about the deal struck between National Amusements (NAI) and Skydance/RedBird, including the price NAI had secured for its voting A shares. Delaware has a mechanism under Section 220 of Delaware Corporate Law that allows shareholders like GAMCO to review books and records of the Corporation including related to these negotiations. The matter eventually went before the Chancery because GAMCO was dissatisfied with the materials they were provided under Section 220. The Delaware Chancery Court issued a ruling regarding our 220 investigation saying that Gabelli 'has stated and proved a credible basis to suspect wrongdoing' by Paramount in its books and records action. TipRanks: As for the conversation between Mr. Gabelli and Gerry Cardinale, what topics did it cover? What actually came out of that conversation, if anything? Marangi: No comment. TipRanks: After that, in October 2024, reports from the New York Post noted that Mr. Gabelli was still taking meetings with lawyers in a bid to land 'a big payday for his clients.' But Mr. Gabelli also, the report noted, discovered that the lawyers in question were working for Paramount on one level or another. Has Mr. Gabelli managed to find a legal force that was sufficiently inclined to pursue Paramount, or is this still ongoing? Marangi: GAMCO, on behalf of our clients, had retained highly skilled counsel that has extensive experience in dealing with similar matters. TipRanks: In January 2025, a report from Bloomberg noted that Mr. Gabelli was looking for a set of files from Paramount, which were said to contain information on Shari Redstone's deal with Paramount / Skydance, and what she would specifically gain. Mr. Gabelli turned to a judge in said matter, as Paramount refused to hand over the files. A Quartz report from September 2024 revealed that Shari Redstone stood to make $530 million personally from the deal; has Mr. Gabelli's investigation found out anything contrary to that, or is that number accurate as it stands? Marangi: See response to question 1. The price NAI received for its voting A shares remains undisclosed though based on publicly available data we continue to suspect it was in excess of the $23 per share non-NAI shareholders are being offered for their A stock. TipRanks: After January 2025, information about Mr. Gabelli's pursuit of Paramount seems to have gone quiet. Where does his search stand today? Is there any hope of him preventing the Paramount / Skydance merger? Has he decided to abandon the pursuit altogether? Marangi: The merger remains subject to regulatory review. The 220 matter was before the Delaware Court in April. GAMCO has also notified the FCC regarding its objection to the merger without additional disclosure. It is unlikely GAMCO, or any shareholder for that matter, would be able to prevent the merger. GAMCO will continue to evaluate its options to protect the interests of the more than 700 of its clients who own Paramount stock. Overall? Not Much. And that is where we stand today. Though the answers were, perhaps, not as definitive as we would have hoped: further planned legal action or an attempt to derail the merger—even Mr. Marangi acknowledges the unlikeliness of preventing the Paramount / Skydance merger—all seem comparatively impossible to reach. But one thing is clear: at least now we know what the current state of affairs is. We also have a pretty good idea that any hope Paramount had of finishing the merger by July 4 is largely misplaced. There are simply too many outstanding issues as yet for this to conclude in the next two to six weeks. Is Paramount Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Moderate Sell consensus rating on PARA stock based on two Buys, seven Holds and six Sells assigned in the past three months, as indicated by the graphic below. After a 0.33% loss in its share price over the past year, the average PARA price target of $11.92 per share implies 0.42% downside risk.
Yahoo
12-05-2025
- Science
- Yahoo
BYU leads in student inventor patents, recent study shows
PROVO, Utah () — Brigham Young University was recently ranked as one of the Top 100 universities in the U.S. for most-issued patents. What makes its ranking unique isn't just the number, but who holds the patents. The ranking, by the National Academy of Inventors, finds that of BYU's 18 newly-issued patents, 10 of them list students as inventors or co-inventors. Baby fox rescued after falling into irrigation drain in Farmington According to a BYU press release, published research shows that nationally only a small fraction of graduate students appear on a patent. For STEM Ph.D students, it's roughly 4%, including at R1 universities, or universities with a high level of research. BYU Technology Transfer Director Dave Brown said the BYU ranking is 'very unusual…in a good way.' 'When more than half of our U.S. patents list a student alongside a professor, that's campus … turning into a launchpad for invention,' Brown said. 'BYU is building inventors who can serve the world by solving real-life challenges.' As those patents are mixed with a large volume of faculty-only filings, the amount that is shared with a student inventor is usually in the 10-20% range, according to the AUTM licensing survey data and peer-reviewed studies. In comparison, BYU's share of patents with student inventors is 56%. 'BYU is in a very select group — fewer than a dozen U.S. institutions — where student inventors appear on a majority of issued patents,' Brown said. 'Making the NAI Top 100 ranking shows that BYU is succeeding at training the next generation.' Among the new patents that BYU students hold are: artificial vertebral endplates, electromagnetic trap multiplexing, integrated cleaning devices for optical instruments, and multi-stage stent devices. Among the BYU student co-inventors in the 2024 report, some of them are listed on multiple patents. The NAI Top 100 U.S. Universities is released annually and ranks U.S. academic institutions that play a role in the advancement of innovation through patents. The NAI has published the top 100 worldwide university list since 2013, adding the top 100 U.S. universities list in 2023. The University of California system tops the 2024 lists, with MIT, the University of Texas system, Purdue, and Stanford in the top 5. Local universities that made the rankings include the University of Utah, BYU, and Utah State University in that order. House Natural Resources Committee in Cedar City to discuss federal lands sales, geothermal energy President Trump announces plan to cut prescription drug costs House GOP unveils plan to raise debt limit by $4 trillion BYU leads in student inventor patents, recent study shows President Trump defends plan to accept Qatari luxury jet Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Scoop
08-05-2025
- Business
- Scoop
Nutanix Enables Agentic AI Anywhere With Latest Release Of Nutanix Enterprise AI
Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the general availability of the latest version of the Nutanix Enterprise AI (NAI) solution, adding deeper integration with NVIDIA AI Enterprise, including NVIDIA NIM microservices and the NVIDIA NeMo framework, to speed the deployment of Agentic AI applications in the enterprise. NAI is designed to accelerate the adoption of generative AI in the enterprise by simplifying how customers build, run, and securely manage models and inferencing services at the edge, in the data centre, and in public clouds on any Cloud Native Computing Foundation® (CNCF)-certified Kubernetes® environment. The latest NAI release extends a shared model service methodology that simplifies agentic workflows, helping to make deployment and day two operations simpler. It streamlines the resources and models required to deploy multiple applications across lines of business with a secure, common set of embedding, reranking, and guardrail functional models for agents. This builds on the NAI core, which includes a centralised LLM model repository that creates secure endpoints that make connecting generative AI applications and agents simple and private. 'Nutanix is helping customers keep up with the fast pace of innovation in the Gen AI market,' said Thomas Cornely, SVP of Product Management at Nutanix. 'We've expanded Nutanix Enterprise AI to integrate new NVIDIA NIM and NeMo microservices so that enterprise customers can securely and efficiently build, run, and manage AI Agents anywhere.' 'Enterprises require sophisticated tools to simplify agentic AI development and deployment across their operations,' said Justin Boitano, Vice President of Enterprise AI Software Products at NVIDIA. 'Integrating NVIDIA AI Enterprise software including NVIDIA NIM microservices and NVIDIA NeMo into Nutanix Enterprise AI provides a streamlined foundation for building and running powerful and secure AI agents.' NAI for agentic applications can help customers: Deploy Agentic AI Applications with Shared LLM Endpoints - Customers can reuse existing deployed model endpoints as shared services for multiple applications. This re-use of model endpoints helps reduce usage of critical infrastructure components, including GPUs, CPUs, memory, file and object storage, and Kubernetes® clusters. Leverage a Wide Array of LLM Endpoints - NAI enables a range of agentic model services, including NVIDIA Llama Nemotron open reasoning models, NVIDIA NeMo Retriever and NeMo Guardrails.. NAI users can leverage NVIDIA AI Blueprints, which are pre-defined, customisable workflows, to jumpstart the development of their own AI applications that leverage NVIDIA models and AI microservices. In addition, NAI enables function calling for the configuration and consumption of external data sources to help AI agentic applications deliver more accurate and detailed results. Support Generative AI Safety - This new NAI release will help customers implement agentic applications in ways consistent with their organisation's policies using guardrail models. These models can filter initial user queries and LLM responses to prevent biased or harmful outputs and can also maintain topic control and jailbreak attempt detection. For example, NVIDIA NeMo Guardrails are LLMs that provide content filtering to filter out unwanted content and other sensitive topics. These can also be applied to code generation, providing improved reliability and consistency across models. Unlock Insights From Data with NVIDIA AI Data Platform - The Nutanix Cloud Platform solution builds on the NVIDIA AI Data Platform reference design and integrates the Nutanix Unified Storage and the Nutanix Database Service solutions for unstructured and structured data for AI. The Nutanix Cloud Infrastructure platform provides a private foundation for NVIDIA's accelerated computing, networking, and AI software to turn data into actionable intelligence. As an NVIDIA-Certified Enterprise Storage solution, Nutanix Unified Storage meets rigorous performance and scalability standards, providing software-defined enterprise storage for enterprise AI workloads, through capabilities such as NVIDIA GPUDirect Storage. NAI is designed to use additional Nutanix platform services while allowing flexible deployments on HCI, bare metal, and cloud IaaS. NAI customers can also leverage the Nutanix Kubernetes Platform solution for multicloud fleet management of containerised cloud native applications, and Nutanix Unified Storage (NUS) and Nutanix Database Service (NDB) as discrete data services, offering a complete platform for agentic AI applications. 'Customers can realise the full potential of generative AI without sacrificing control, which is especially important as businesses expand into agentic capabilities,' said Scott Sinclair, Practice Director, ESG. "This expanded partnership with NVIDIA provides organisations an optimised solution for agentic AI minimising the risk of managing complex workflows while also safeguarding deployment through secure endpoint creation for APIs. AI initiatives are employed to deliver strategic advantages, but those advantages can't happen without optimised infrastructure control and security." To learn more about how to get started with the latest NAI version and new NVIDIA capabilities, visit our latest blog post. NAI with agentic model support is now generally available. About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at or follow us on social media @nutanix.
Yahoo
07-05-2025
- Business
- Yahoo
Nutanix Enables Agentic AI Anywhere with Latest Release of Nutanix Enterprise AI
Nutanix, Inc. Integration with NVIDIA AI Enterprise adds new capabilities to accelerate the adoption of production agentic workloads in the enterprise WASHINGTON, May 07, 2025 (GLOBE NEWSWIRE) -- .NEXT Conference -- Nutanix (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced the general availability of the latest version of the Nutanix Enterprise AI (NAI) solution, adding deeper integration with NVIDIA AI Enterprise, including NVIDIA NIM microservices and the NVIDIA NeMo framework, to speed the deployment of Agentic AI applications in the enterprise. NAI is designed to accelerate the adoption of generative AI in the enterprise by simplifying how customers build, run, and securely manage models and inferencing services at the edge, in the data center, and in public clouds on any Cloud Native Computing Foundation® (CNCF)-certified Kubernetes® environment. The latest NAI release extends a shared model service methodology that simplifies agentic workflows, helping to make deployment and day two operations simpler. It streamlines the resources and models required to deploy multiple applications across lines of business with a secure, common set of embedding, reranking, and guardrail functional models for agents. This builds on the NAI core, which includes a centralized LLM model repository that creates secure endpoints that make connecting generative AI applications and agents simple and private. 'Nutanix is helping customers keep up with the fast pace of innovation in the Gen AI market,' said Thomas Cornely, SVP of Product Management at Nutanix. 'We've expanded Nutanix Enterprise AI to integrate new NVIDIA NIM and NeMo microservices so that enterprise customers can securely and efficiently build, run, and manage AI Agents anywhere.' 'Enterprises require sophisticated tools to simplify agentic AI development and deployment across their operations,' said Justin Boitano, Vice President of Enterprise AI Software Products at NVIDIA. 'Integrating NVIDIA AI Enterprise software including NVIDIA NIM microservices and NVIDIA NeMo into Nutanix Enterprise AI provides a streamlined foundation for building and running powerful and secure AI agents.' NAI for agentic applications can help customers:
