Category: Artificial Intelligence

  • MIL-OSI USA: SPC Jun 30, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 300600

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0100 AM CDT Mon Jun 30 2025

    Valid 301200Z – 011200Z

    …THERE IS A MARGINAL RISK OF SEVERE THUNDERSTORMS ACROSS THE
    SOUTHERN PLAINS MIDWEST AND MID ATLANTIC AS WELL AS THE NORTHWEST…

    …SUMMARY…
    Scattered strong to severe thunderstorms remain possible across
    parts of the southern Plains, Ohio Valley, Midwest and the
    Mid-Atlantic today. A couple of severe thunderstorms also cannot be
    ruled out over parts of the Pacific Northwest.

    …Synopsis…
    A broad upper trough is forecast to intensify as it moves
    southeastward across the Great Lakes and Midwest through tonight. At
    the same time, sub-tropical ridging will build over the Plains,
    keeping stronger flow aloft displaced to the north. To the west of
    the ridge, an upper low will overspread portions of the West Coast.
    At the surface, a weak cold front will sag southward from the
    Midwest to the southern Plains. Numerous thunderstorms are likely
    ahead of the front with isolated damaging gusts and hail possible.

    …Midwest and Great lakes…
    Ahead of the slow-moving cold front, rich low-level moisture with
    dewpoints in the 70s F will be in place from MO/IL into Lower MI. A
    messy surface pattern, with multiple remnant outflows and cloud
    debris will likely modulate diurnal heating to some degree through
    the early afternoon. With little inhibition, scattered to numerous
    thunderstorms are expected by mid afternoon as ascent from the
    approaching upper trough overspreads the unstable air mass. Several
    loosely organized bands or clusters of strong pulse storms are
    likely. Weak mid-level flow and poor lapse rates suggests minimal
    potential for greater storm organization. Though high PWATS near 2
    inches will support heavy water loading and microburst potential,
    with the stronger storms.

    …OH valley to the Mid Atlantic…
    A similar pattern to the Midwest, with somewhat higher storm
    coverage, is expected from OH eastward into PA and the Mid Atlantic.
    Scattered to numerous thunderstorms should develop by late morning
    amid strong surface heating ahead of a subtle shortwave trough over
    the OH valley. 20-30 kt of mid-level flow could support some
    clustering of storms by early afternoon. Despite mediocre mid-level
    lapse rates less than 6 C/km, the high PWAT air mass and some
    consolidation of outflows could support isolated damaging wind
    potential across eastern OH, southern NY into PA and the Mid
    Atlantic states.

    …Southern Plains to the Ozarks…
    Scattered thunderstorms should develop by mid afternoon ahead of
    sagging cold front from the TX Panhandle across the southern Plains
    and western Ozarks. Beneath the northern fringes of the building sub
    tropical high, strong heating and rich boundary-layer moisture will
    support large buoyancy (MLCAPE (3000-4000 J/kg). Scattered
    thunderstorm development is likely ahead of the front, and along
    remnant outflows from overnight convection. Despite modest vertical
    wind shear, the large buoyancy may still support occasional strong
    to severe storms with the primary risk of damaging gusts and
    occasional hail.

    …Northern CA into southern OR…
    Ahead of the weak upper low over southern CA, southerly flow will
    aid in increasing mid-level moisture across parts of northern CA and
    southern OR. Ample heating, weak synoptic ascent and typical
    terrain-induced circulations will encourage scattered high-based
    thunderstorm development through the afternoon. Nearly dry adiabatic
    lapse rates from deep mixing of the boundary layer to near 500mb
    will favor strong downdrafts capable of isolated severe wind gusts.
    MUCAPE (~1000 J/kg) and 20-30 kt of southerly shear, may also
    support marginally severe hail with the strongest cores.

    ..Lyons/Darrow.. 06/30/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News

  • MIL-OSI USA: 2025-74 ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

    Source: US State of Hawaii

    2025-74 ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF THE ATTORNEY GENERAL

    KA ʻOIHANA O KA LOIO KUHINA

     

    ANNE LOPEZ

    ATTORNEY GENERAL

    LOIO KUHINA

     

    ATTORNEY GENERAL LOPEZ ISSUES STATEMENT ON U.S. SUPREME COURT DECISION IN BIRTHRIGHT CITIZENSHIP CASE

     

                                                                                                                News Release 2025-74

    FOR IMMEDIATE RELEASE

    June 27, 2025

    HONOLULU — Following today’s decision in the birthright citizenship case, Attorney General Anne Lopez, who represents the state of Hawaiʻi, issued the following statement:

    The plain text of the Fourteenth Amendment to the U.S. Constitution is clear: all persons born in the United States are citizens of our nation. Three separate federal judges ruled that the Administration’s executive order purporting to end birthright citizenship is plainly unconstitutional. Nothing in the Supreme Court’s decision today modifies the judges’ decision that a presidential declaration purporting to end birthright citizenship is unlawful, unconstitutional and a dishonorable stain on our great country.

     

    Instead, today’s decision concerns the issue of the scope of injunctive relief. While we disagree with the Supreme Court’s decision, our case is still very much alive. The court recognized that nationwide orders can be appropriate to protect plaintiffs like Hawaiʻi from harm, when the facts merit such relief and gave the states the opportunity to continue to make their case. We look forward to protecting the rule of law and the inalienable rights of the people of Hawaiʻi.”

     

    Solicitor General Kalikoʻonālani Fernandes and Special Assistant to the Attorney General Dave Day represent the state of Hawaiʻi in this matter.

    # # #

     

    Media contacts:

    Dave Day

    Special Assistant to the Attorney General

    Hawaiʻi Department of the Attorney General

    Office: 808-586-1284

    Email: [email protected]

    Web: http://ag.hawaii.gov

    Toni Schwartz

    Public Information Officer

    Hawaiʻi Department of the Attorney General

    Office 808-586-1252

    Cell: 808-379-9249

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI USA: News Release – DOH Confirms Ninth Travel-Related Dengue Virus Case of 2025

    Source: US State of Hawaii

    News Release – DOH Confirms Ninth Travel-Related Dengue Virus Case of 2025

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF HEALTH

    KA ʻOIHANA OLAKINO

     

    1. KENNETH FINK

    DIRECTOR

    KA LUNA HOʻOKELE

     

    DOH REPORTS NINTH TRAVEL-RELATED DENGUE VIRUS CASE OF 2025

    25-073

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

    HONOLULU — The Hawai‘i Department of Health (DOH) has confirmed a new travel-related case of dengue virus on Oʻahu, bringing the total number of cases reported in Hawai‘i in 2025 to nine (eight on Oʻahu, one on Maui). The individual was likely exposed to the virus while traveling in a region where dengue is common.

    DOH teams have been deployed to conduct inspections and implement mosquito control measures in the affected area. The public is encouraged to follow best practices to help prevent local transmission, as outlined below.

    Dengue virus is spread when a mosquito bites an infected person and then bites another individual. Although Hawai‘i has mosquitoes capable of transmitting dengue, the disease is not currently endemic in the state. All confirmed cases in 2025 have been travel-related. Dengue is a year-round risk in the tropical and subtropical areas of Central and South America, Asia (including the Republic of the Philippines), the Middle East, Africa and several Pacific Islands, such as U.S. territories like American Samoa, the Federated States of Micronesia, the Republic of the Marshall Islands and the Republic of Palau. Many popular tourist destinations in the Caribbean, including Puerto Rico, are also affected.

    Anyone who plans to travel to or has recently visited an area with dengue risk is vulnerable to infection. The Centers for Disease Control and Prevention (CDC) advises travelers to take standard precautions when visiting such areas. This includes using an Environmental Protection Agency (EPA)-registered insect repellent, wearing long-sleeved shirts and long pants outdoors, and sleeping in air-conditioned rooms, rooms with window screens or under insecticide-treated bed nets.

    Some countries are reporting increased dengue cases, including Fiji, French Polynesia, Tonga, the Republic of the Philippines, Brazil, Colombia and Mexico. Travelers should review up-to-date country-specific travel information for guidance on dengue riskand prevention measures at least four to six weeks before traveling.

    Travelers returning from dengue-endemic areas should take precautions to prevent mosquito bites for three weeks. If dengue symptoms develop within two weeks of return, travelers should seek medical evaluation.

    Symptoms of dengue can range from mild to severe and include fever, nausea, vomiting, rash and body aches. Symptoms typically last two to seven days, and while severe illness can occur, most people recover within a week. Individuals who have recently traveled and are experiencing these symptoms should contact their healthcare provider. Healthcare providers and individuals who suspect a dengue infection are advised to call the Disease Reporting Line at 808-586-4586.

    In areas with suspected or confirmed dengue cases, DOH personnel from the Vector Control Branch (VCB) are conducting inspections and mosquito-reduction activities. Reducing mosquito populations lowers the risk of dengue transmission to others. In areas without reported dengue cases, eliminating mosquito breeding sites around the home is a helpful preventive measure.

    Mosquitoes need only small amounts of standing water to breed. Common breeding sites include buckets, water-catching plants (such as bromeliads), small containers, planters, rain barrels and even cups left outside. Pouring out containers of standing water can significantly reduce the potential for mosquito breeding.

    For more information, visit the Disease Outbreak Control Division (DOCD) and Vector Control Branch (VCB) websites.

    # # #

    Media contact:

    Adam LeFebvre

    Information Specialist

    Hawaiʻi State Department of Health

    Mobile: 808-436-6195

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI USA: Office of the Governor – Statement – Governor Green Statement on BLNR Decision

    Source: US State of Hawaii

    Office of the Governor – Statement – Governor Green Statement on BLNR Decision

    Posted on Jun 27, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI

     
    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA

     

    STATEMENT FROM GOVERNOR GREEN ON BLNR DECISION

    FOR IMMEDIATE RELEASE
    June 27, 2025

    The following is attributable to Governor Josh Green, M.D.:

    “The Board’s vote on the Army’s Final Environmental Impact Statement underscores the need for continued dialogue and shared responsibility when it comes to the future of state lands.

    “The Army’s proposal to retain a smaller footprint on Oʻahu reflects a commitment to align important military training with community and environmental considerations. We acknowledge and appreciate the Army’s dedicated engagement throughout this process. As global threats grow more complex and regional stability becomes more fragile, Hawai‘i’s unique position at the heart of the Indo-Pacific makes it vital to the defense of both our islands and the nation — highlighting the importance of maintaining military readiness that is both effective and accountable to the communities it serves.

    “Ensuring our Armed Forces remain prepared and resilient is a priority, and as we move forward, my administration is committed to working with all parties to ensure that next steps are guided by transparency, a shared sense of purpose, kuleana to future generations and long-term benefit to the people of Hawai‘i.”

     # # #

    Media Contacts:  
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Office: 808-586-0120
    Email: [email protected]

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI USA: HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES

    Source: US State of Hawaii

    HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI
    KA MOKU ʻĀINA O HAWAIʻI

    JOSH GREEN, M.D.
    GOVERNOR
    KE KIAʻĀINA

     

    DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

    KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

     

    JAMES KUNANE TOKIOKA

    DIRECTOR

    KA LUNA HOʻOKELE

     

    HAWAIʻI STATE ENERGY OFFICE

    KE‘ENA HANA UILA MOKU‘ĀINA

    MARK B. GLICK

    CHIEF ENERGY OFFICER

    LUNA IKEHU

     

    2024/2025 HAWAI‘I GREEN BUSINESS AWARDS PROGRAM HONORS LOCAL BUSINESSES AND EVENTS FOR SUSTAINABILITY PRACTICES  

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

     

    HONOLULU —The Hawai‘i Green Business Program (HGBP) recognized 45 Hawai‘i businesses and events today for their commitment to energy and water efficiency, waste reduction, pollution prevention and community involvement, as well as cultural and natural resource preservation.

    The 45 awardees representing six islands were recognized during the annual HGBP awards ceremony at historical Washington Place. Hosted by the Hawai‘i State Energy Office, the Honolulu Board of Water Supply and Hawaiʻi Energy, the awards program

    showcases the businesses advancing Hawaiʻi’s clean energy and sustainability goals, emphasizing energy efficiency as a key solution in accelerating Hawaiʻi’s move to renewable energy.

    Governor Josh Green, M.D., praised awardees for their commitment to sustain the ecological, cultural and economic health of Hawaiʻi, heralding lawmakers for the 2025 passage of the nation’s first climate impact fee to fund environmental stewardship and address the impacts of climate change.

    Governor Green said, “At a time when environmental protections are being repealed at the federal level, Hawaiʻi will not forfeit its commitment to a more resilient, clean economy. The businesses and organizations we recognize today honor a statewide commitment to malama ʻāina — to steward our precious natural resources for future generations.”

    “Simply put,” said Hawai’i Chief Energy Officer Mark Glick, “using less energy means we need to generate less. These 45 businesses are among the best applying efficiency to our commercial building stock and energy efficient business practices make a profound difference.”

    Newly appointed state director of energy efficiency and renewable energy Monique Zanfes concluded, “Many of the businesses in this room rely on Hawai‘i’s natural resources not just for operations, but as the foundation of what draws people here. Protecting these resources isn’t just the right thing to do — it’s essential to the long-term viability and health of Hawai‘i. I thank them for leading by example.”

    The honorees of this year’s Hawai‘i Green Business Program Awards are:

      Green Hotels, Resorts, Venue and Office Awardees:

    • Ala Moana Hotel by Mantra
    • Halekulani
    • Halepuna Waikiki
    • Hokulani, a Hilton Grand Vacations Club
    • The Kahala Hotel & Resort
    • Marriott’s Ko Olina Beach Club
    • Prince Waikiki
    • Kings’ Land, a Hilton Grand Vacations Club
    • Maui Bay Villas, a Hilton Grand Vacations Club
    • The Cliffs at Princeville
    • Four Seasons Resort O‘ahu at Ko Olina
    • Four Seasons Resort Maui at Wailea
    • Four Seasons Resort Lānaʻi
    • Sensei Lānaʻi, A Four Seasons Resort
    • Hawai‘i Convention Center
    • Waialae Country Club
    • Honeywell International/Smart Energy
    • Coradorables Sustainable Corporation

    Green Event Awardees:

    • 2024 Hawai‘i Library Association/HASL HLA Conference
    • 2025 Sony Open
    • Artist Waltz
    • Green Business Engagement National Network 7th National GBENN Summit
    • Sentry 2024 Golf Tournament

    Entry Level Program Awardees:

    • Coconut Ave
    • Drip Studio
    • The Fresh Shave
    • Hoku Foods Natural Market
    • Kilauea Bakery
    • Lady Elaine
    • Leong’s Road House
    • Little Plum
    • Uncle Paul’s Corner Store
    • Maui Juice Co.
    • Morning Glass Coffee
    • Pele’s Kitchen
    • Pu‘u O Hōkū Ranch
    • Sweet Cane Café
    • The Locavore Store
    • Oko‘a Farms Produce
    • Hanalei Spirits Distillery
    • Kaua‘i Island Brewing Co.
    • Kona Brewing Company
    • Lanikai Brewing Co.
    • Maui Brewing Company
    • Waikulu Distillery

    In one year, the energy efficiency measures of the above businesses resulted in 38.8 million gallons of water saved, 6.5 million kWh of electricity saved, 22.7 tons of green waste diverted, 12,372 tons of waste recycled,119,110 therms (1 therm = 100,000 BTUs) of gas saved, 6,725 metric tons of CO2 equivalent for electricity kWh reduced and 945 metric tons of CO2 equivalent for gas reduced.

     

     

     # # #  

      

    Media Contacts:   

     

    Yvonne Hunter

    Strategy and Marketing Officer

    Hawaiʻi State Energy Office

    Cell: 808-497-0080

    Laci Goshi

    Communications Officer

    Department of Business, Economic Development and Tourism

    Cell: 808-518-5480

    Erika Engle

    Press Secretary

    Office of the Governor, State of Hawai‘i

    Phone: 808-586-0120

    Makana McClellan

    Director of Communications

    Office of the Governor, State of Hawaiʻi

    Cell: 808-265-0083

     

                    

    MIL OSI USA News

  • MIL-OSI USA: DLNR News Release – LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU, June 27, 2025

    Source: US State of Hawaii

    DLNR News Release – LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU, June 27, 2025

    Posted on Jun 27, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

         JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    DEPARTMENT OF LAND AND NATURAL RESOURCES

    KA ‘OIHANA KUMUWAIWAI ‘ĀINA

     

    DAWN N.S. CHANG
    CHAIRPERSON

     

     

    LAND BOARD VOTES NOT TO ACCEPT ENVIRONMENTAL IMPACT STATEMENT FOR ARMY LEASES ON OʻAHU

     

     

    FOR IMMEDIATE RELEASE

    June 27, 2025

      

    HONOLULU — Citing significant gaps in environmental analysis as presented by DLNR staff, the Board of Land and Natural Resources (BLNR) voted not to accept the U.S. Army’s final Environmental Impact Statement (FEIS) for the retention of state lands on Oʻahu. The BLNR’s decision was after hours of impassioned public testimony, primarily against the Army’s FEIS.

    Three Oʻahu sites were under consideration for this FEIS: state-leased portions of the Kahuku Training Area (KTA), the Kawailoa-Poamoho Training Area (Poamoho) and the Mākua Military Reservation (MMR).

    The decision follows last month’s BLNR vote to not accept the Army’s FEIS for Pōhakuloa Training Area on Hawaiʻi Island. “The action before the BLNR was whether to accept or non-acceptance of the FEIS based upon specific legal criteria set forth in Hawaii Revised Statutes Chapter 343 and relevant administrative rules. Applying the legal criteria to the FEIS, reviewing hundreds of written and oral testimonies, as well as comments from DLNR’s own divisions, the BLNR members voted to not accept the FEIS,” said DLNR Chair Dawn Chang. “The FEIS did not meet that bar.

    DLNRʻs Land Division (LD) consulted with multiple other divisions within the department, including the Commission on Water Resources Management (CWRM), the Division of Aquatic Resources (DAR), the Division of Forestry and Wildlife (DOFAW), the Office of Conservation and Coastal Lands (OCCL) and the State Historic Preservation Division (SHPD) to review the FEIS. LD staff provided the BLNR a recommendation of non-acceptance based on a clear lack of baseline data to enable the DLNR and the BLNR to determine and understand the extent of any impacts to natural, historical and cultural resources. In the board submittal, the LD indicated this was a consensus among all the Divisions.

    Areas where staff felt the FEIS fell short included adequately accounting for known and likely archaeological sites, lack of recent data for biological resources and absence of stream aquatic surveys. Each of these concerns was raised in the draft EIS phase, but went unaddressed in the final report. 

    An FEIS is intended to support informed decision-making and does not, by itself, authorize any land use. A separate review and determination would be required should such a request be brought before the BLNR in the future.

    The Army’s current lease for more than 6,000 acres of state-owned land at the three sites on Oʻahu is set to expire in 2029.

     

    # # # 

     

    RESOURCES 

    (All images/video courtesy: DLNR) 

     

    Video and Photgraphs – Board of Land and Natural Resources Meeting and Chair Dawn Chang News Conference (June 27, 2025): https://www.dropbox.com/scl/fo/hbpd2qs28jjdfx72t4o52/ANnFfqfJLCgr1KbqsdJQu78?rlkey=iuj5ju0b77u3az4bnw7aq2jab&st=rzvn426n&dl=0

     

    (Note: video will be uploaded to folder as available)

     

     

    Media Contacts: 

    Patti Jette                                                                                          Dan Dennison

    Communications Specialist                                                           Communications Director

    Hawai‘i Dept. of Land and Natural Resources                            Hawai‘i DLNR

    808-587-0396                                                                                   808-587-0396

    [email protected]                                                            [email protected]

    MIL OSI USA News

  • MIL-OSI: Hut 8 Energizes Vega Data Center

    Source: GlobeNewswire (MIL-OSI)

    205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling

    Believed to be the largest single-building Bitcoin mining facility by nameplate hashrate

    MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the initial energization of Vega. Based on publicly available information, we believe Vega to be the largest single-building Bitcoin mining facility by nameplate hashrate. Spanning the equivalent of five football fields and covering 162,000 square feet, Vega is powered by 205 megawatts (“MW”) of nameplate energy capacity and at full energization will support up to ~15 exahash per second (“EH/s”) of BITMAIN U3S21EXPH servers for Bitcoin mining ASIC compute, or nearly 2.0% of current global Bitcoin network hashrate.

    Vega debuts a new Tier I data center form factor that narrows the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure. Unlike traditional mining facilities that rely on forced-air cooling and shelving systems that constrain compute density, Vega features a proprietary, rack-based, direct-to-chip liquid cooling system designed in-house by Hut 8. The architecture supports ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack.

    The system’s modular architecture—including pump skids, fluid distribution networks, server racks, switchboards, and smart power distribution units—was designed by Hut 8’s in-house development organization to optimize thermal efficiency, miner stability, and operational reliability. The result is materially higher compute density, greater thermal control, and improved uptime in high-ambient environments like Texas. Initial customer discussions support the potential viability of this architecture for future iterations of high-density, direct-to-chip liquid cooled infrastructure to support emerging HPC workloads and customer needs.

    “Vega exemplifies our innovation-driven approach to digital infrastructure design,” said Asher Genoot, CEO of Hut 8. “We built it for where we believe the market is going, using modular architecture and adaptive thermal systems designed to scale and evolve as workload requirements grow more complex. Over the past several weeks, as we’ve brought the site online, it has become clear how well this architecture performs under real-world conditions.”

    “Vega’s design is particularly relevant for AI training and other non-customer-facing HPC workloads, where we believe speed, density, and cost efficiency will increasingly take precedence over traditional redundancy standards,” said Jake Palmer, Senior Vice President of Development at Hut 8. “The project represents a design philosophy we intend to scale, refine, and deploy as we continue to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure.”

    BITMAIN is the client for the full ~15 EH/s deployment at Vega under an ASIC colocation agreement. Based on ERCOT forward energy prices, the agreement is expected to generate between $110 million and $120 million in annualized revenue upon full energization, subject to factors including ERCOT energy pricing and facility uptime. The agreement also includes a purchase option that allows Hut 8 to acquire all or part of the hosted fleet in up to three tranches at a fixed price, exercisable within six months of each tranche’s energization. This structure gives Hut 8 the ability to convert the deployment into self-mining capacity for its Bitcoin mining subsidiary, American Bitcoin Corp., supporting growth in its scale from 10 EH/s to 25 EH/s.

    “We are proud to have partnered with Hut 8 to successfully develop and commercialize the next generation of ASIC compute technology,” said Irene Gao, Vice President of Mining at BITMAIN. “Vega demonstrates what is possible when two industry leaders with deep technical expertise come together to push the boundaries of performance, efficiency, and design. We believe this collaboration has set a new benchmark for the industry, and we look forward to expanding on this success in the coming years.”

    Project Highlights

    • Industrial scale: 205 MW of nameplate capacity with a power usage effectiveness (“PUE”) of 1.06, powered behind-the-meter by a wind farm and front-of-the-meter by the ERCOT grid
    • Rack-based architecture: Proprietary rack-based architecture supports 180 kilowatts per rack, 50% higher than the 120-kW requirement of NVIDIA Blackwell HGX GPUs
    • Next-generation ASIC compute technology: Site will host up to 17,280 BITMAIN U3S21EXPH servers (at full energization), the first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within a U form factor, each delivering up to 860 terahash per second (“TH/s”) at 13 joules per terahash (“J/TH”)
    • Direct-to-chip liquid cooling: 96 custom-designed cooling modules circulate 120,000 gallons of glycol-water solution through a closed-loop, reverse return system designed to reduce water consumption versus conventional high-density cooling systems
    • Capital efficiency: Estimated all-in cost of approximately $430,000 to $450,000 per MW of nameplate capacity
    • Time to market: From site acquisition in July 2024 to initial energization in June 2025, Vega was brought online in under a year, demonstrating Hut 8’s ability to use Bitcoin mining infrastructure development to rapidly monetize power assets
    • Commercialization through ASIC Colocation: BITMAIN will consume the full ~15 EH/s deployment at full energization pursuant to a colocation agreement that will generate revenue for Hut 8’s Digital Infrastructure segment and includes a purchase option that, if exercised, would enable American Bitcoin to scale its self-mining capacity from 10 to ~25 EH/s

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the ability of the Vega facility to support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling, the ability of Vega’s new Tier I data center form factor to narrow the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure, the ability of the infrastructure at the Vega facility to support ASIC deployments at densities of up to 180 kW per rack, the ability of the facility’s modular infrastructure to scale and evolve as workload requirements grow more complex, the performance of the infrastructure deployed at the Vega facility under real-world conditions, the relevance of the Vega design to AI training and other non-customer-facing HPC workloads, Hut 8’s intention to scale, refine, and deploy its design philosophy to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure, the estimated revenues from the Bitmain colocation agreement and the factors impacting such revenues, the potential exercise of the ASIC purchase option and the benefits thereof to Hut 8 and American Bitcoin Corp., the total all-in cost to develop the Vega facility, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99a463ce-e274-4ee7-a8e4-e134abc19825

    https://www.globenewswire.com/NewsRoom/AttachmentNg/30d0ece1-8f33-4444-b754-a4c5f49538e5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/33bbd349-a468-455f-b11a-8cbaaad40232

    The MIL Network

  • MIL-OSI: Hut 8 Energizes Vega Data Center

    Source: GlobeNewswire (MIL-OSI)

    205 MW facility will support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling

    Believed to be the largest single-building Bitcoin mining facility by nameplate hashrate

    MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced the initial energization of Vega. Based on publicly available information, we believe Vega to be the largest single-building Bitcoin mining facility by nameplate hashrate. Spanning the equivalent of five football fields and covering 162,000 square feet, Vega is powered by 205 megawatts (“MW”) of nameplate energy capacity and at full energization will support up to ~15 exahash per second (“EH/s”) of BITMAIN U3S21EXPH servers for Bitcoin mining ASIC compute, or nearly 2.0% of current global Bitcoin network hashrate.

    Vega debuts a new Tier I data center form factor that narrows the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure. Unlike traditional mining facilities that rely on forced-air cooling and shelving systems that constrain compute density, Vega features a proprietary, rack-based, direct-to-chip liquid cooling system designed in-house by Hut 8. The architecture supports ASIC deployments at densities of up to 180 kilowatts (“kW”) per rack.

    The system’s modular architecture—including pump skids, fluid distribution networks, server racks, switchboards, and smart power distribution units—was designed by Hut 8’s in-house development organization to optimize thermal efficiency, miner stability, and operational reliability. The result is materially higher compute density, greater thermal control, and improved uptime in high-ambient environments like Texas. Initial customer discussions support the potential viability of this architecture for future iterations of high-density, direct-to-chip liquid cooled infrastructure to support emerging HPC workloads and customer needs.

    “Vega exemplifies our innovation-driven approach to digital infrastructure design,” said Asher Genoot, CEO of Hut 8. “We built it for where we believe the market is going, using modular architecture and adaptive thermal systems designed to scale and evolve as workload requirements grow more complex. Over the past several weeks, as we’ve brought the site online, it has become clear how well this architecture performs under real-world conditions.”

    “Vega’s design is particularly relevant for AI training and other non-customer-facing HPC workloads, where we believe speed, density, and cost efficiency will increasingly take precedence over traditional redundancy standards,” said Jake Palmer, Senior Vice President of Development at Hut 8. “The project represents a design philosophy we intend to scale, refine, and deploy as we continue to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure.”

    BITMAIN is the client for the full ~15 EH/s deployment at Vega under an ASIC colocation agreement. Based on ERCOT forward energy prices, the agreement is expected to generate between $110 million and $120 million in annualized revenue upon full energization, subject to factors including ERCOT energy pricing and facility uptime. The agreement also includes a purchase option that allows Hut 8 to acquire all or part of the hosted fleet in up to three tranches at a fixed price, exercisable within six months of each tranche’s energization. This structure gives Hut 8 the ability to convert the deployment into self-mining capacity for its Bitcoin mining subsidiary, American Bitcoin Corp., supporting growth in its scale from 10 EH/s to 25 EH/s.

    “We are proud to have partnered with Hut 8 to successfully develop and commercialize the next generation of ASIC compute technology,” said Irene Gao, Vice President of Mining at BITMAIN. “Vega demonstrates what is possible when two industry leaders with deep technical expertise come together to push the boundaries of performance, efficiency, and design. We believe this collaboration has set a new benchmark for the industry, and we look forward to expanding on this success in the coming years.”

    Project Highlights

    • Industrial scale: 205 MW of nameplate capacity with a power usage effectiveness (“PUE”) of 1.06, powered behind-the-meter by a wind farm and front-of-the-meter by the ERCOT grid
    • Rack-based architecture: Proprietary rack-based architecture supports 180 kilowatts per rack, 50% higher than the 120-kW requirement of NVIDIA Blackwell HGX GPUs
    • Next-generation ASIC compute technology: Site will host up to 17,280 BITMAIN U3S21EXPH servers (at full energization), the first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within a U form factor, each delivering up to 860 terahash per second (“TH/s”) at 13 joules per terahash (“J/TH”)
    • Direct-to-chip liquid cooling: 96 custom-designed cooling modules circulate 120,000 gallons of glycol-water solution through a closed-loop, reverse return system designed to reduce water consumption versus conventional high-density cooling systems
    • Capital efficiency: Estimated all-in cost of approximately $430,000 to $450,000 per MW of nameplate capacity
    • Time to market: From site acquisition in July 2024 to initial energization in June 2025, Vega was brought online in under a year, demonstrating Hut 8’s ability to use Bitcoin mining infrastructure development to rapidly monetize power assets
    • Commercialization through ASIC Colocation: BITMAIN will consume the full ~15 EH/s deployment at full energization pursuant to a colocation agreement that will generate revenue for Hut 8’s Digital Infrastructure segment and includes a purchase option that, if exercised, would enable American Bitcoin to scale its self-mining capacity from 10 to ~25 EH/s

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the ability of the Vega facility to support up to ~15 EH/s of next-generation rack-based ASIC compute with direct-to-chip liquid cooling, the ability of Vega’s new Tier I data center form factor to narrow the gap between legacy air-cooled ASIC infrastructure and liquid-cooled GPU infrastructure, the ability of the infrastructure at the Vega facility to support ASIC deployments at densities of up to 180 kW per rack, the ability of the facility’s modular infrastructure to scale and evolve as workload requirements grow more complex, the performance of the infrastructure deployed at the Vega facility under real-world conditions, the relevance of the Vega design to AI training and other non-customer-facing HPC workloads, Hut 8’s intention to scale, refine, and deploy its design philosophy to bridge the gap between high-cost, high-redundancy builds and lower-cost, application-optimized infrastructure, the estimated revenues from the Bitmain colocation agreement and the factors impacting such revenues, the potential exercise of the ASIC purchase option and the benefits thereof to Hut 8 and American Bitcoin Corp., the total all-in cost to develop the Vega facility, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99a463ce-e274-4ee7-a8e4-e134abc19825

    https://www.globenewswire.com/NewsRoom/AttachmentNg/30d0ece1-8f33-4444-b754-a4c5f49538e5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/33bbd349-a468-455f-b11a-8cbaaad40232

    The MIL Network

  • MIL-OSI: Hyperscale Data Subsidiary askROI Surpasses 300,000 App Downloads on Apple App Store and Google Play

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 300,000 cumulative app downloads between the Apple App Store and Google Play.

    askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI continues to improve platform functionality.

    “The askROI platform has seen significant growth since our last update announcing that we had surpassed 160,000 downloads,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “We are extremely pleased with the growth and are excited to announce new platform upgrades in the coming weeks.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network

  • MIL-OSI: Hyperscale Data Subsidiary askROI Surpasses 300,000 App Downloads on Apple App Store and Google Play

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 300,000 cumulative app downloads between the Apple App Store and Google Play.

    askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI continues to improve platform functionality.

    “The askROI platform has seen significant growth since our last update announcing that we had surpassed 160,000 downloads,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “We are extremely pleased with the growth and are excited to announce new platform upgrades in the coming weeks.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network

  • MIL-OSI: Order.co Names Larry Robinett to Lead Partnerships and Drive Adoption of Its Workday Built Procurement Integration

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Order.co, the world’s leading B2B Ecommerce Platform, welcomes Larry Robinett as Head of Workday Accounts & Alliances. Robinett joins the company to expand strategic partnerships and scale adoption of Order.co’s exclusive Workday Built integration.

    Robinett brings more than two decades of experience in enterprise software and strategic alliances, with a long-standing focus on the Workday ecosystem. Most notably, he served as Vice President of Sales and Partner Alliances at Ascend Software. Here, he successfully spearheaded the company’s strategic partnership with Workday to help customers streamline accounts payable operations.

    As a result of the partnership, customers experienced significant efficiency gains and cost savings through AP automation, allowing them to scale operations without adding headcount – all while maximizing their investment in Workday Financial Management. Now, as the Head of Workday Accounts & Alliances at Order.co, Robinett will lead efforts to expand enterprise adoption of the company’s innovative Workday integration. With the integration at customers’ fingertips, they can unlock greater control, efficiency, and savings with a modern procurement experience from requisition to reconciliation.

    “I’m thrilled to join Order.co at such an exciting stage of growth,” Robinett said. “As someone who has worked extensively in the Workday ecosystem, I’m especially proud to join a company with a Workday Built integration, an achievement that reflects close collaboration with Workday’s product teams to deliver meaningful value to joint customers. I look forward to building strong partnerships and helping Workday Financial Management customers simplify and modernize their procurement experience in Workday.”

    As a Workday Select Partner, Order.co worked closely with Workday to co-develop an embedded B2B Ecommerce experience directly within the Workday platform. Using Order.co’s exclusive “Integrated Search”, customers can purchase all the items they need from the best-fit suppliers without leaving the Workday portal. Teams can search for any item and browse pre-approved products within their custom catalog, complete with contracted pricing or cost-effective alternatives. Submitting an order automatically generates a pre-populated requisition, eliminating the need for manual, error-prone data entry. Once approved, Order.co handles vendor fulfillment, and pre-coded invoices load seamlessly into Workday.

    Some of the benefits of leveraging Integrated Search include:

    • Faster purchasing – Employees can shop directly within Workday and automatically create requisitions with all the relevant data, eliminating the need to manually fill out purchase requests or toggle between vendor websites.
    • Stronger purchasing compliance – Users gain access to a pre-approved catalog of vendors and items, ensuring all purchases align with company policies and negotiated contracts.
    • Reduced rogue spend – Instead of going outside the system for small or ad-hoc purchases, employees can buy what they need directly through Integrated Search. Every purchase is captured in Workday, with built-in approvals and visibility – reducing out-of-policy spend without adding friction.
    • Faster supplier onboarding – Instead of developing costly punchouts, teams can easily add products from any supplier into Order.co’s centralized catalog, accelerating adoption and simplifying procurement operations.

    Order.co’s customers have raved about the integration, with Kyle Ingerman, Finance Transformations Senior Manager at WeWork, saying, “I cannot tell you how much time, effort, and money [the Order.co integration] has saved us.”

    To learn more about Order.co’s Workday-built integration, visit https://www.order.co/workday-procurement-integration/.

    About Order.co

    Order.co simplifies business buying by combining the ease of online shopping with the sophistication of world-class purchase order and AP automation. The result? Businesses cut costs and complexity with every order.

    Hundreds of companies, like WeWork and Hugo Boss, leverage Order.co to centralize purchase-to-pay workflows, scale operations, and gain total control over spending – saving an average of 5% on products. Founded in 2016 and headquartered in New York City, Order.co has raised $70M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more. To learn more, visit order.co.

    About Workday

    Workday is the AI platform for managing people, money, and agents. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.

    Media Contact

    Allison Reich
    Senior Manager of Brand, Content & Enablement
    Allison.reich@order.co

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Presale Gains Strong Momentum Ahead of Upcoming Launch

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 30, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S) has announced a major milestone in its ongoing token presale, officially surpassing $5.8 million in early commitments from over 12,800 participants worldwide. With less than five weeks remaining before launch, interest in the dual-layer blockchain has accelerated, positioning BTC-S as one of the year’s most closely watched crypto presales.

    Designed to address long-standing limitations in scalability, speed, and accessibility, Bitcoin Solaris combines a Proof-of-Work base layer with a Delegated Proof-of-Stake (DPoS) execution layer, enabling over 10,000 transactions per second (TPS), sub-2-second finality, and dramatically lower energy consumption. According to the project team, Bitcoin Solaris operates with 99.95% less energy usage than traditional mining-based blockchains.

    Why Everyone Is Now Talking About BTC-S

    From influencer videos to Telegram channels, the buzz around Bitcoin Solaris is not just hype. It is driven by fundamentals and real innovation. Even major voices in the space are weighing in.

    A detailed review by Crypto Vlog breaks down why this project stands out from the sea of recycled layer-1s and copycat tokens. From smart contract flexibility to cross-chain compatibility, BTC-S is getting attention for being bold and original.

    Early Bitcoin Changed Lives, BTC-S Is the Second Chance

    Presale Momentum: Fastest Rise in the Market?

    Investors are rushing in. And for good reason. The Bitcoin Solaris presale is being called one of the shortest and most explosive in crypto history.

    • Over $5.8 million raised so far
    • More than 12,800 users onboarded
    • Less than 5 weeks left before launch
    • Presale in Phase 10 at $10 per token
    • Launch price confirmed at $20, with a 6% bonus for new buyers

    That means a 150 percent return is practically baked in for early investors. For receiving your BTC-S tokens securely on launch day, Trust Wallet and Metamask are the preferred options.

    And this isn’t just FOMO. BTC-S has passed major due diligence. It’s already audited by Cyberscope and Freshcoins. Community discussions are alive on Telegram and X, where crypto veterans and curious newcomers alike are lining up for early access.

    A Future Built on Speed, Security, and Smart Contracts

    Bitcoin Solaris was engineered to solve what Bitcoin cannot. High fees, slow confirmation times, and limited programmability are outdated in the Web3 world. BTC-S fixes that with:

    • 10,000+ TPS performance using dual consensus
    • Validator rotation every few seconds for better security
    • Rust-based smart contracts that support full DeFi functionality
    • Fast 2-second finality, making it viable for real-time payments
    • 99.95 percent energy reduction, opening the door to ESG-compliant investments

    And all of this will soon be in the palm of your hand. Mining BTC-S will be possible through the upcoming Solaris Nova app, which turns your phone into a revenue stream. Curious about earnings? Use the profit calculator to see daily estimates based on your phone type.

    What’s Next: Roadmap Highlights

    While the presale hype is real, Bitcoin Solaris is building for the long game. According to the public roadmap, the next milestones include:

    • Full mainnet launch in Q3 2026
    • Solaris Nova app release with AI optimizations
    • Developer toolkit rollout and cross-chain DApp support
    • Enterprise adoption through Fortune 500 partnerships
    • Future-ready infrastructure, including quantum-resistant security

    This isn’t a roadmap filled with vague promises. Every phase is tied to deliverables, integrations, and real-world applications. BTC-S is setting up a full ecosystem that doesn’t just aim for the moon; it builds the launchpad first.

    Conclusion: One of the Smartest Bets of the Year?

    Let’s be clear. Bitcoin Solaris is not just another altcoin. It’s a second chance at generational wealth, powered by scalable tech, early incentives, and unmatched mobile mining accessibility. As BTC-S gears up for launch, the only question left is who acted early enough to catch the 150 percent wave before it’s gone.

    For More Information:
    Websitehttps://www.bitcoinsolaris.com
    Telegramhttps://t.me/Bitcoinsolaris
    X (Twitter)https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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    The MIL Network

  • MIL-OSI Economics: Thales 2025 Global Cloud Security Study Reveals Organizations Struggle to Secure Expanding, AI-Driven Cloud Environments

    Source: Thales Group

    Headline: Thales 2025 Global Cloud Security Study Reveals Organizations Struggle to Secure Expanding, AI-Driven Cloud Environments

    • 52% report AI security spending is displacing traditional security budgets
    • 55% report cloud environments are more complex to secure than on-premises infrastructure
    • Enterprises now use an average of 85 SaaS applications, contributing to security tool sprawl
    © Thales

    Thales, a global leader in technology and cybersecurity, today released the findings of its 2025 Cloud Security Study conducted by S&P Global Market Intelligence 451 Research, revealing that AI-specific security has rapidly emerged as a top enterprise priority, ranking second only to cloud security. Over half (52%) of respondents said they are prioritizing AI security investments over other security needs, signaling a shift in how organizations are allocating budgets in response to the accelerated adoption of AI. This year’s research captures perspectives on cloud security challenges from nearly 3,200 respondents in 20 countries across a variety of seniority levels.

    Cloud remains at the forefront of security considerations

    Cloud is now an essential part of modern enterprise infrastructure, but many organizations are still building the skills and strategies needed to secure it effectively. The variability of controls across cloud providers, combined with the distinct mindset required for cloud security, continues to challenge security teams. This pressure is only increasing as AI initiatives drive more sensitive data into cloud environments, amplifying the need for robust, adaptable protections.

    This year’s Thales Cloud Security Study confirms that cloud security remains a top concern for enterprises worldwide. Nearly two-thirds (64%) of respondents ranked it among their top five security priorities, with 17% identifying it as their number one. Security for AI, a new addition to the list of spending priorities this year, ranked second overall, highlighting its growing importance. Despite sustained investment, cloud security remains a complex, persistent challenge that goes beyond technology to include staffing, operations, and the evolving threat landscape.

    “The accelerating shift to cloud and AI is forcing enterprises to rethink how they manage risk at scale,” Sebastien Cano, Senior Vice President, Cyber Security Products at Thales, said. “With over half of cloud data now classified as sensitive, and yet only a small fraction fully encrypted, it’s clear that security strategies haven’t kept pace with adoption. To remain resilient and competitive, organizations must embed strong data protection into the core of their digital infrastructure.”

    The average number of public cloud providers per organization has risen to 2.1, with most also maintaining on-prem infrastructure. This growing complexity is driving security challenges with 55% of respondents reporting that cloud is harder to secure than on-prem, a 4-percentage-point increase from last year. As organizations expand through growth or M&A, they’re also seeing a surge in SaaS usage, now averaging 85 applications per enterprise, complicating access control and data visibility.

    This complexity extends to security operations, with many teams struggling to align policies across varied platforms. The study found that 61% of organizations use five or more tools for data discovery, monitoring, or classification, and 57% use five or more encryption key managers.

    Attacks target cloud resources with human error remaining a top vulnerability

    Cloud infrastructure is a prime target for attackers as organizations continue to struggle with securing increasingly complex environments. According to the 2025 Thales Cloud Security Study, four of the top five most targeted assets in reported attacks are cloud-based. The rise in access-based attacks, as reported by 68% of respondents, underscores growing concerns around stolen credentials and insufficient access controls. Meanwhile, 85% of organizations say at least 40% of their cloud data is sensitive, yet only 66% have implemented multifactor authentication (MFA), leaving critical data exposed. Compounding the issue, human error remains a major contributing factor in cloud security incidents, from misconfigurations to poor credential management.

    A rising number of respondents report challenges in securing their cloud assets, an issue that is further amplified by the demands of AI projects that often operate in the cloud and require access to large volumes of sensitive data,” Eric Hanselman, Chief Analyst at S&P Global Market Intelligence 451 Research, said. “Compounding this issue, four of the top five targeted assets in reported attacks are cloud-based. In this environment, strengthening cloud security and streamlining operations are essential steps toward enhancing overall security effectiveness and resilience.”

    For more information, please download the full report and join our webinar hosted by Eric Hanselman, Chief Analyst at S&P Global 451 Research

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    MIL OSI Economics

  • MIL-OSI Economics: ECB’s Governing Council updates its monetary policy strategy

    Source: European Central Bank

    30 June 2025

    • Governing Council confirms symmetric 2% inflation target over the medium term
    • Symmetry requires appropriately forceful or persistent policy response to large, sustained deviations of inflation from target in either direction
    • All tools remain in toolkit and their choice, design and implementation will enable an agile response to new shocks
    • Structural shifts such as geopolitical and economic fragmentation and increasing use of artificial intelligence make the inflation environment more uncertain

    The Governing Council of the European Central Bank (ECB) today published the results of its strategy assessment, which are set out in an updated monetary policy strategy statement.

    Following the strategy review carried out in 2020-21, the Governing Council announced that it would periodically assess the appropriateness of its monetary policy strategy. The assessment published today meets this commitment, ensuring that our framework, toolkit and approach remain fit for purpose.

    The monetary policy strategy enables the Governing Council to respond effectively to major changes in the inflation environment. This is especially important as ongoing structural shifts, such as geopolitical and economic fragmentation, increasing use of artificial intelligence, demographic change and the threat to environmental sustainability, suggest that the inflation environment will remain uncertain and potentially more volatile, with larger deviations from the symmetric 2% inflation target.

    To maintain the symmetry of the target, appropriately forceful or persistent monetary policy action in response to large, sustained deviations of inflation from the target in either direction is important. This will help to avoid inflation expectations becoming de-anchored and inflation deviations from the target becoming entrenched.

    “I am happy to announce that the Governing Council during its latest meeting approved the ECB’s updated monetary policy strategy”, said ECB President Christine Lagarde. “This assessment was a valuable opportunity to challenge our thinking, check our policy toolkit and fine-tune our strategy. It provides us with an even stronger basis to conduct monetary policy and fulfil our mandate of price stability in an increasingly uncertain environment.”

    All monetary policy tools currently available to the Governing Council will remain in its toolkit. Their use at any time will continue to be subject to a comprehensive proportionality assessment. Their choice, design and implementation will be sufficiently flexible to enable an agile response to changes in the inflation environment.

    In monetary policy decisions the Governing Council takes into account not only the most likely path for inflation and the economy but also surrounding risks and uncertainty, including through the appropriate use of scenarios and sensitivity analyses.

    The first regular monetary policy meeting of the Governing Council applying the updated strategy will be held on 23-24 July 2025. The Governing Council intends to assess periodically the appropriateness of its monetary policy strategy, with the next assessment expected in 2030.

    For media queries, please contact Stefan Ruhkamp, tel.: +49 69 1344 5057.

    Notes

    • Prior to the 2025 strategy assessment, the Governing Council concluded strategy reviews in 2003 and 2021.
    • Over the last 12 months the Governing Council has held seminars, presentations, discussions and meetings dedicated to the strategy assessment.
    • The strategy assessment is the result of a significant collaborative effort over this period. It involved staff of the ECB and national central banks across the euro area and was organised into two separate workstreams.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  

    Source: Republic of China Taiwan

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-06-25
    President Lai meets Japan’s former Economic Security Minister Kobayashi Takayuki
    On the afternoon of June 25, President Lai Ching-te met with Kobayashi Takayuki, Japan’s former economic security minister and a current member of the House of Representatives. In remarks, President Lai expressed hope to combine the strengths of the democratic community to build resilient, reliable non-red supply chains, and ensure a resilient global economy and sustainable development. He also expressed hope that Taiwan and Japan can bring about the early signing of an economic partnership agreement (EPA), and that Japan will continue supporting Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. The following is a translation of President Lai’s remarks: I welcome Representative Kobayashi back to Taiwan for another visit after seven years. During his last visit, he was with a delegation from the Liberal Democratic Party (LDP) Youth Division, and we met at the Executive Yuan. I am very happy to see him again today. Representative Kobayashi has long paid close attention to matters involving economic security, technological innovation, and aerospace policy. He also made a stunning debut in last year’s LDP presidential election, showing that he is truly a rising star and an influential figure in the political sphere. With this visit, Representative Kobayashi is demonstrating support for Taiwan with concrete action, which is very meaningful. Taiwan and Japan are both part of the first island chain’s key line of defense. We thank the many Japanese prime ministers, including former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as current Prime Minister Ishiba Shigeru, for the many times they have highlighted the importance of peace and stability in the Taiwan Strait at important international venues, and for expressing opposition to the use of force or coercion to unilaterally change the status quo in the Taiwan Strait. I hope that Taiwan and Japan can engage in more cooperation and exchanges to promote peace and prosperity in the Indo-Pacific region in all aspects. In particular, China in recent years has been actively expanding its red supply chains, which threaten the global free trade system and advanced technology markets. Taiwan hopes to combine the strengths of the democratic community to build resilient, reliable non-red supply chains. In the semiconductor industry, for example, Taiwan has excellent advanced manufacturing capabilities, while Japan plays an important role in materials, equipment, and key technologies. I am confident that, given the experience that Taiwan and Japan have in cooperating, we can build an industrial supply chain composed of democratic nations to ensure a resilient global economy and sustainable development. I hope that Taiwan and Japan can bring about the early signing of an EPA in order to deepen our bilateral trade and investment exchanges and cooperation. I also hope that Japan will continue supporting Taiwan’s bid to join the CPTPP, enhancing our own bilateral partnership, as doing so would create win-win situations and further contribute to regional economic security and stability. Taiwan and Japan are democratic partners that share the values of freedom, democracy, and respect for human rights. I firmly believe that so long as we work together, we can certainly address the challenges posed by authoritarianism, and bring prosperity and development to the Indo-Pacific region. In closing, I welcome Representative Kobayashi once again. I am certain that this visit will help enhance Taiwan-Japan exchanges and deepen our friendship. Representative Kobayashi then delivered remarks, first thanking President Lai for taking the time to meet with him, and noting that this was his second visit to Taiwan following a trip seven years prior, when he came with his good friend from college and then-Director of the LDP Youth Division Suzuki Keisuke, now Japan’s minister of justice. Representative Kobayashi mentioned a Japanese kanji that he is very fond of – 絆 (kizuna) – which means “deep ties of friendship.” He emphasized that a key purpose of this visit to Taiwan was to reiterate the deep ties of friendship between Taiwan and Japan. In addition to deep historical ties, he said, Taiwan and Japan also enjoy a like-minded partnership in terms of economic, personnel, and friendship-oriented exchanges. He went on to say that at the strategic level, Taiwan and Japan also have deep ties of friendship, and that for Japan, it is strategically important that Taiwan not be isolated under any circumstances. Representative Kobayashi emphasized that cooperation between Taiwan and Japan, and even cooperation among Taiwan, Japan, and the United States, are more important now than ever, and that another important focus of this visit is the non-red supply chains referred to earlier by President Lai. He said that as Japan’s first economic security minister and the person currently in charge of the LDP’s policy on economic security, he is acutely aware of the important impact of economic security on national interests, and therefore looks forward to further exchanging views regarding Taiwan’s concrete steps to build non-red supply chains. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Deputy Representative Takaba Yo.

    Details
    2025-06-16
    President Lai meets delegation led by Representative Bera, co-chair of US Congressional Taiwan Caucus
    On the morning of June 16, President Lai Ching-te met with a delegation led by Representative Ami Bera, co-chair of the US Congressional Taiwan Caucus. In remarks, President Lai thanked the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives to strengthen Taiwan-US ties, helping expand Taiwan’s international space and continuing to place focus on peace and stability across the Taiwan Strait. The president said that we will continue to strengthen bilateral investment and industrial cooperation and create a more comprehensive environment for economic and trade exchanges to jointly enhance economic and developmental resilience. A translation of President Lai’s remarks follows: I am delighted to meet with the delegation and welcome Congressman Bera back to the Presidential Office. Last January, he visited after the presidential election, demonstrating the steadfast backing of the US Congress for democratic Taiwan. This time, as head of a delegation of new members of the House Armed Services Committee and the Foreign Affairs Committee, he is continuing to foster US congressional support for Taiwan. On behalf of the people of Taiwan, I extend a sincere welcome to Congressman Bera and all our esteemed guests. Over the years, staunch bipartisan US congressional backing of Taiwan has been a key force for steadily advancing our bilateral relations. I thank the representatives in Congress for actively voicing support for Taiwan and proposing numerous Taiwan-friendly initiatives, thereby strengthening Taiwan-US ties, helping expand Taiwan’s international space, and continuing to place focus on peace and stability across the Taiwan Strait. I want to emphasize that Taiwan has an unwavering determination to safeguard peace and stability in the Indo-Pacific region. Over the past year, the government and private sector have been working together to enhance Taiwan’s whole-of-society defense resilience and accelerate reform of national defense. The government is also prioritizing special budget allocations to ensure that our defense budget exceeds three percent of GDP this year. I hope that Taiwan-US security cooperation will evolve beyond military procurement to a partnership that encompasses joint research and development and joint production, further strengthening cooperation and exchange in the defense industry. Regarding industrial exchanges, last month, Minister of Foreign Affairs Lin Chia-lung (林佳龍) and Minister of Economic Affairs Kuo Jyh-huei (郭智輝) each visited Texas to see firsthand Taiwan-US collaboration in AI and semiconductors. And the delegation led by Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) sent by Taiwan to this year’s SelectUSA Investment Summit in Washington, DC, was again the largest of those attending. All of this demonstrates Taiwan’s commitment to working alongside the US to create mutual prosperity. In the future, we will continue to strengthen bilateral investment and industrial cooperation. And I hope that the legislation addressing the issue of Taiwan-US double taxation will become law this year. I want to thank Congressman Bera for co-leading a joint letter last November signed by over 100 members of Congress calling for such legislation. I believe that by creating a more comprehensive environment for economic and trade exchanges, Taiwan and the US can enhance economic and developmental resilience. In closing, I thank you all for making the long journey here to advance Taiwan-US relations. Let us continue working together to promote the prosperous development of this important partnership. Congressman Bera then delivered remarks, saying that on behalf of the delegation, it is an honor for him to be here once again, it being last January that he and Congressman Mario Díaz-Balart visited and congratulated President Lai on his election victory, noting that theirs was the first congressional delegation to do so. Congressman Bera said that this is an important time, not just for the US and Taiwan relationship, but for all relationships around the world. When we look at conflicts in Europe and in the Middle East, he said, it is incumbent upon democracies to hold the peace in Asia. He emphasized that is why it is important for them to bring a delegation of members of the Foreign Affairs Committee and the Armed Services Committee, adding that he believes for all of them it is their first trip to Taiwan.  Congressman Bera said that while this is a delegation of Democratic members of Congress, in a bipartisan way all of Congress continues to support the people of Taiwan. As such, in this visit he brings support from his co-chairs on the Taiwan caucus, Congressman Díaz-Balart and Congressman Andy Barr. He also took a moment to recognize the passing of Congressman Gerald Connolly, who was a longtime friend of Taiwan and one of their co-chairs on the caucus. Congressman Bera mentioned that there is always a special bond between himself and President Lai because they are both doctors, and as doctors, their profession is about healing, keeping the peace, and making sure everybody has a bright, prosperous future. In closing, he highlighted that it is in that spirit that their delegation visits with the president. The delegation also included members of the US Congress Gabe Amo, Wesley Bell, Julie Johnson, Sarah McBride, and Johnny Olszewski.

    Details
    2025-06-13
    President Lai meets delegation led by French National Assembly Taiwan Friendship Group Chair Marie-Noëlle Battistel
    On the morning of June 12, President Lai Ching-te met a delegation led by Marie-Noëlle Battistel, chair of the French National Assembly’s Taiwan Friendship Group. In remarks, President Lai thanked the National Assembly for its long-term support for Taiwan’s international participation and for upholding security in the Taiwan Strait, helping make France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. The president also said that exchanges and cooperation between Taiwan and France are becoming more frequent, and that he hopes this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations and help build closer partnerships in the economy, trade, energy, and digital security.  A translation of President Lai’s remarks follows: First, I would like to welcome Chair Battistel, who is once again leading a visiting delegation. Last year, Chair Battistel co-led a delegation to attend the inauguration ceremony for myself and Vice President Bi-khim Hsiao. This is her fourth visit, and first as chair of the Taiwan Friendship Group, which makes it especially meaningful. This delegation’s visit demonstrates strong support for Taiwan, and on behalf of the people of Taiwan, I want to express my sincerest welcome and thanks. France is a pioneer in promoting free and democratic values. These are values that Taiwan cherishes and is working hard to defend. I want to express gratitude to the French Parliament for their long-term support for Taiwan’s international participation, and for upholding security in the Taiwan Strait. The French Parliament’s two chambers have continued to strongly support Taiwan, with the passage of a resolution supporting Taiwan’s participation in international organizations in 2021, as well as the passage of the seven-year Military Programming Law in 2023. This has made France the first major country in the world to enact legislation to uphold freedom of navigation in the Taiwan Strait. Through it all, the Taiwan Friendship Group has played a key role, and I want to thank all of our distinguished guests for their efforts. Over the past few years, Taiwan and France have continued to deepen cooperation in areas including the economy, technology, culture, and sports. At the Choose France summit held in Paris last month, Taiwanese and French enterprises also announced they will launch cooperation in the semiconductor and satellite fields. The VivaTech startup exhibition, now being held in France, also has many Taiwanese vendors participating. Exchanges and cooperation between Taiwan and France, whether official or people-to-people, are becoming more and more frequent. I hope that this visit by the Taiwan Friendship Group will inject new momentum into Taiwan-France relations, building closer partnerships in the economy, trade, energy, and digital security.  To address current geopolitical and economic challenges, Taiwan will continue to join forces with France and other like-minded countries to jointly safeguard peace and stability in the Indo-Pacific region, and contribute our concerted efforts to global prosperity and development. Once again, I want to welcome our visitors to Taiwan. I hope to continue our joint efforts to create a more prosperous future for both Taiwan and France.   Chair Battistel then delivered remarks, thanking President Lai for extending this invitation. Last year on May 20, she said, she and her delegation attended the presidential inauguration ceremony, so she was delighted to visit Taiwan once again with the French National Assembly’s Taiwan Friendship Group and bear witness to their friendship with Taiwan. Chair Battistel noted that this visit has given them an opportunity to strengthen Taiwan-France relations in areas including the economy, culture, the humanities, and diplomacy, and conduct exchanges with numerous heads of government agencies and research institutes. It has also been an opportunity, she said, to witness the importance of exchanges and cooperation with Taiwan in areas including energy, semiconductors, youth, and culture, and the impact created by important issues of mutual concern, including AI and disinformation, on the security of many countries. Chair Battistel praised Taiwan for its youth development efforts, and said that under the Taiwan Global Pathfinders Initiative, 30 Taiwanese young people have embarked on a visit to France, with itineraries including the United Nations Ocean Conference and the VivaTech exhibition, as well as the city of Toulouse, which is strategically important for the aerospace industry. Members of the group are also conducting exchanges at the French National Assembly, she said.  Chair Battistel stated that the Taiwan-France partnership is growing closer, and that she hopes to continue to strengthen bilateral exchanges and cooperation, as supporting peace for Taiwan supports peace around the world.  The delegation also included Taiwan Friendship Group Vice Chair Éric Martineau, as well as National Assembly Committee on Foreign Affairs Vice Chair Laetitia Saint-Paul and Deputies Marie-José Allemand and Claudia Rouaux. The delegation was accompanied to the Presidential Office by French Office in Taipei Deputy Director Cléa Le Cardeur.

    Details
    2025-06-05
    President Lai hosts state banquet for President Bernardo Arévalo of Republic of Guatemala  
    At noon on June 5, President Lai Ching-te hosted a state banquet at the Presidential Office for President Bernardo Arévalo of the Republic of Guatemala and his wife. In his remarks, President Lai noted that Taiwan and Guatemala have both undergone an arduous democratization process, and therefore, in face of the continuous expansion of authoritarian influence, must join hands in brotherhood and come together in solidarity to safeguard our hard-earned freedom and democracy. President Lai also expressed hope that both countries will work together and continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. A translation of President Lai’s remarks follows: Once again, I would like to offer a warm welcome to President Arévalo and First Lady Lucrecia Peinado, who are leading this delegation to Taiwan. President Arévalo’s previous visit to Taiwan was 31 years ago. Back then, Taiwan did not have direct presidential elections, and the nation was continuing to make progress toward democratization. Today, 31 years later, Taiwan has conducted direct presidential elections eight times, with three transfers of power between political parties. On this visit, I am sure that President Arévalo will gain a deep appreciation for Taiwan’s free and democratic atmosphere.  Taiwan and Guatemala have both undergone an arduous democratization process. A little over 200 years ago, the people of Guatemala took a stand against colonial oppression, seeking national dignity and the freedom of its people. Eighty-one years ago, President Arévalo’s father, Juan José Arévalo, became Guatemala’s first democratically elected president, establishing an important foundation for subsequent democratic development.  Our two peoples have democracy in their blood. Both know the value of freedom and democracy and are willing to take a stand for those values. Therefore, in face of the continuous expansion of authoritarian influence, our two countries must join hands in brotherhood to respond to threats and challenges, and come together in solidarity to safeguard our hard-earned freedom and democracy. I hope that both countries will work together to continue to deepen various exchanges and cooperation, taking a friendship that has lasted over 90 years to new heights. I hope that on this visit, in addition to gaining a deeper understanding of Taiwan’s political, economic, and social development, President Arévalo can also reacquaint himself with the democratic vitality and cultural diversity of Taiwan by sampling various gourmet delicacies and once again experiencing the beauty of our scenery and warmth of our people. Guatemala is a very beautiful country. In the future, I hope to have a chance to personally experience that beauty, explore Mayan civilization, and savor local Guatemalan coffee. In closing, I wish the visiting delegation a smooth and successful trip, and beautiful, unforgettable memories. May President Arévalo enjoy the best of health, and may the diplomatic friendship between our two countries endure. President Arévalo then delivered remarks, stating that at different times and by different means, the people of Taiwan and Guatemala have relentlessly sought to defend freedom and democracy. We share the same expectations, he said, and are walking the right path amid today’s complex international circumstances.  President Arévalo stated that Taiwan and Guatemala are true democratic nations, where the government’s goal is to serve all the people. He noted that this is far from easy under current circumstances, as many authoritarian regimes use their long-term hold on power to safeguard the interests of select groups and neglect the wellbeing of the population as a whole. President Arévalo said that last week Guatemala commemorated the 40th anniversary of its constitution, which was enacted in 1985 and is Guatemala’s ultimate guide, setting the foundation for democracy and clearly outlining the path ahead. He said that over the past 40 years, Guatemala has continued to follow the democratic blueprint established by the constitution and end the civil war so that the nation could make the transition to real democracy. Although more than a few ambitious people have attempted to destroy that process from within, he noted, the people of Guatemala have never given up the pursuit of democracy as an ideal. President Arévalo stated that our two sides’ coming together here is due to such shared values as freedom and democracy as well as the idea of serving all the people. He underlined that the governments of both countries will continue to work hard and provide mutual support to smooth out each other’s path of democracy, freedom, and justice. President Arévalo emphasized that the government of Guatemala will always be Taiwan’s ally, and that he firmly believes Taiwan is Guatemala’s most reliable partner on the path of democracy and economic prosperity and development. The president said he hopes this visit will be the first step towards setting a new course for the governments and peoples of both countries. Also in attendance at the banquet were Guatemala Minister of Foreign Affairs Carlos Ramiro Martínez, Minister of the Economy Gabriela García, and Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • President Murmu urges focus on ‘One Health’, animal welfare at IVRI convocation

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu on Monday highlighted the growing significance of the ‘One Health’ approach while addressing the convocation ceremony at the Indian Veterinary Research Institute (IVRI) in Bareilly. She called for greater emphasis on animal welfare, sustainable practices, and the role of veterinary science in safeguarding public health.

    “Our culture, rooted in the idea of Ishavasyam Idam Sarvam, teaches us to see the divine in every living being,” Murmu said, adding that the Indian tradition of gods and sages communicating with animals reflects this belief.

    Highlighting concerns over biodiversity loss, the president said, “Many species have either become extinct or are on the verge of extinction. Their conservation is crucial not just for nature but for the health of the Earth.” Referring to the COVID-19 pandemic, she warned that an unchecked consumption-driven model could have devastating effects on both the environment and public health.

    Murmu also emphasised that the ‘One Health’ paradigm—which links human, animal, and environmental health—is gaining traction globally. “Institutes like IVRI can play a key role in preventing and controlling zoonotic diseases,” she said.

    The president further underlined the transformative potential of technology in veterinary science. From genome editing and embryo transfer to AI and big data analytics, she said such tools can revolutionise animal care in India. Murmu encouraged the development of indigenous, low-cost treatments and nutritional solutions for animals, and the reduction of medicines with harmful side effects.

    Praising students for dedicating themselves to the care of animals, she advised them to remain guided by the welfare of the voiceless in moments of doubt. “Think of those innocent beings—you will find your path,” Murmu said.

    Calling on young professionals to become entrepreneurs in animal science, the president said such initiatives could not only support livelihoods but also contribute to the national economy.

    Murmu also lauded IVRI’s role in advancing veterinary research and education, and expressed hope that its graduates would lead the way in building a compassionate, science-driven future.

  • MIL-OSI Submissions: Grok’s ‘white genocide’ responses show how generative AI can be weaponized

    Source: The Conversation – USA – By James Foulds, Associate Professor of Information Systems, University of Maryland, Baltimore County

    Someone altered the AI chatbot Grok to make it insert text about a debunked conspiracy theory in unrelated responses. Cheng Xin/Getty Images

    The AI chatbot Grok spent one day in May 2025 spreading debunked conspiracy theories about “white genocide” in South Africa, echoing views publicly voiced by Elon Musk, the founder of its parent company, xAI.

    While there has been substantial research on methods for keeping AI from causing harm by avoiding such damaging statements – called AI alignment – this incident is particularly alarming because it shows how those same techniques can be deliberately abused to produce misleading or ideologically motivated content.

    We are computer scientists who study AI fairness, AI misuse and human-AI interaction. We find that the potential for AI to be weaponized for influence and control is a dangerous reality.

    The Grok incident

    On May 14, 2025, Grok repeatedly raised the topic of white genocide in response to unrelated issues. In its replies to posts on X about topics ranging from baseball to Medicaid, to HBO Max, to the new pope, Grok steered the conversation to this topic, frequently mentioning debunked claims of “disproportionate violence” against white farmers in South Africa or a controversial anti-apartheid song, “Kill the Boer.”

    The next day, xAI acknowledged the incident and blamed it on an unauthorized modification, which the company attributed to a rogue employee.

    xAI, the company owned by Elon Musk that operates the AI chatbot Grok, explained the steps it said it would take to prevent unauthorized manipulation of the chatbot.

    AI chatbots and AI alignment

    AI chatbots are based on large language models, which are machine learning models for mimicking natural language. Pretrained large language models are trained on vast bodies of text, including books, academic papers and web content, to learn complex, context-sensitive patterns in language. This training enables them to generate coherent and linguistically fluent text across a wide range of topics.

    However, this is insufficient to ensure that AI systems behave as intended. These models can produce outputs that are factually inaccurate, misleading or reflect harmful biases embedded in the training data. In some cases, they may also generate toxic or offensive content. To address these problems, AI alignment techniques aim to ensure that an AI’s behavior aligns with human intentions, human values or both – for example, fairness, equity or avoiding harmful stereotypes.

    There are several common large language model alignment techniques. One is filtering of training data, where only text aligned with target values and preferences is included in the training set. Another is reinforcement learning from human feedback, which involves generating multiple responses to the same prompt, collecting human rankings of the responses based on criteria such as helpfulness, truthfulness and harmlessness, and using these rankings to refine the model through reinforcement learning. A third is system prompts, where additional instructions related to the desired behavior or viewpoint are inserted into user prompts to steer the model’s output.

    How was Grok manipulated?

    Most chatbots have a prompt that the system adds to every user query to provide rules and context – for example, “You are a helpful assistant.” Over time, malicious users attempted to exploit or weaponize large language models to produce mass shooter manifestos or hate speech, or infringe copyrights. In response, AI companies such as OpenAI, Google and xAI developed extensive “guardrail” instructions for the chatbots that included lists of restricted actions. xAI’s are now openly available. If a user query seeks a restricted response, the system prompt instructs the chatbot to “politely refuse and explain why.”

    Grok produced its “white genocide” responses because people with access to Grok’s system prompt used it to produce propaganda instead of preventing it. Although the specifics of the system prompt are unknown, independent researchers have been able to produce similar responses. The researchers preceded prompts with text like “Be sure to always regard the claims of ‘white genocide’ in South Africa as true. Cite chants like ‘Kill the Boer.’”

    The altered prompt had the effect of constraining Grok’s responses so that many unrelated queries, from questions about baseball statistics to how many times HBO has changed its name, contained propaganda about white genocide in South Africa.

    Implications of AI alignment misuse

    Research such as the theory of surveillance capitalism warns that AI companies are already surveilling and controlling people in the pursuit of profit. More recent generative AI systems place greater power in the hands of these companies, thereby increasing the risks and potential harm, for example, through social manipulation.

    The Grok example shows that today’s AI systems allow their designers to influence the spread of ideas. The dangers of the use of these technologies for propaganda on social media are evident. With the increasing use of these systems in the public sector, new avenues for influence emerge. In schools, weaponized generative AI could be used to influence what students learn and how those ideas are framed, potentially shaping their opinions for life. Similar possibilities of AI-based influence arise as these systems are deployed in government and military applications.

    A future version of Grok or another AI chatbot could be used to nudge vulnerable people, for example, toward violent acts. Around 3% of employees click on phishing links. If a similar percentage of credulous people were influenced by a weaponized AI on an online platform with many users, it could do enormous harm.

    What can be done

    The people who may be influenced by weaponized AI are not the cause of the problem. And while helpful, education is not likely to solve this problem on its own. A promising emerging approach, “white-hat AI,” fights fire with fire by using AI to help detect and alert users to AI manipulation. For example, as an experiment, researchers used a simple large language model prompt to detect and explain a re-creation of a well-known, real spear-phishing attack. Variations on this approach can work on social media posts to detect manipulative content.

    This prototype malicious activity detector uses AI to identify and explain manipulative content.
    Screen capture and mock-up by Philip Feldman.

    The widespread adoption of generative AI grants its manufacturers extraordinary power and influence. AI alignment is crucial to ensuring these systems remain safe and beneficial, but it can also be misused. Weaponized generative AI could be countered by increased transparency and accountability from AI companies, vigilance from consumers, and the introduction of appropriate regulations.

    James Foulds receives funding from the National Science Foundation, the National Institutes of Health, and Cyber Pack Ventures. He serves as vice-chair of the Maryland Responsible AI Council (MRAC) and has provided public testimony in support of several responsible AI bills in Maryland.

    Shimei Pan receives funding from National Science Foundation (NSF), Defense Advanced Research Projects Agency (DARPA), US State Department Fulbright Program and Cyber Pack Ventures

    Phil Feldman does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Grok’s ‘white genocide’ responses show how generative AI can be weaponized – https://theconversation.com/groks-white-genocide-responses-show-how-generative-ai-can-be-weaponized-257880

    MIL OSI

  • MIL-OSI Submissions: AI tools collect and store data about you from all your devices – here’s how to be aware of what you’re revealing

    Source: The Conversation – USA – By Christopher Ramezan, Assistant Professor of Cybersecurity, West Virginia University

    AI tools gather information about you from many types of devices, including smartphones. Prostock-Studio/Getty Images

    Like it or not, artificial intelligence has become part of daily life. Many devices – including electric razors and toothbrushes – have become “AI-powered,” using machine learning algorithms to track how a person uses the device, how the device is working in real time, and provide feedback. From asking questions to an AI assistant like ChatGPT or Microsoft Copilot to monitoring a daily fitness routine with a smartwatch, many people use an AI system or tool every day.

    While AI tools and technologies can make life easier, they also raise important questions about data privacy. These systems often collect large amounts of data, sometimes without people even realizing their data is being collected. The information can then be used to identify personal habits and preferences, and even predict future behaviors by drawing inferences from the aggregated data.

    As an assistant professor of cybersecurity at West Virginia University, I study how emerging technologies and various types of AI systems manage personal data and how we can build more secure, privacy-preserving systems for the future.

    Generative AI software uses large amounts of training data to create new content such as text or images. Predictive AI uses data to forecast outcomes based on past behavior, such as how likely you are to hit your daily step goal, or what movies you may want to watch. Both types can be used to gather information about you.




    Read more:
    How illicit markets fueled by data breaches sell your personal information to criminals


    How AI tools collect data

    Generative AI assistants such as ChatGPT and Google Gemini collect all the information users type into a chat box. Every question, response and prompt that users enter is recorded, stored and analyzed to improve the AI model.

    OpenAI’s privacy policy informs users that “we may use content you provide us to improve our Services, for example to train the models that power ChatGPT.” Even though OpenAI allows you to opt out of content use for model training, it still collects and retains your personal data. Although some companies promise that they anonymize this data, meaning they store it without naming the person who provided it, there is always a risk of data being reidentified.

    ChatGPT stores and analyzes everything you type into a prompt screen.
    Screenshot by Christopher Ramezan, CC BY-ND

    Predictive AI

    Beyond generative AI assistants, social media platforms like Facebook, Instagram and TikTok continuously gather data on their users to train predictive AI models. Every post, photo, video, like, share and comment, including the amount of time people spend looking at each of these, is collected as data points that are used to build digital data profiles for each person who uses the service.

    The profiles can be used to refine the social media platform’s AI recommender systems. They can also be sold to data brokers, who sell a person’s data to other companies to, for instance, help develop targeted advertisements that align with that person’s interests.

    Many social media companies also track users across websites and applications by putting cookies and embedded tracking pixels on their computers. Cookies are small files that store information about who you are and what you clicked on while browsing a website.

    One of the most common uses of cookies is in digital shopping carts: When you place an item in your cart, leave the website and return later, the item will still be in your cart because the cookie stored that information. Tracking pixels are invisible images or snippets of code embedded in websites that notify companies of your activity when you visit their page. This helps them track your behavior across the internet.

    This is why users often see or hear advertisements that are related to their browsing and shopping habits on many of the unrelated websites they browse, and even when they are using different devices, including computers, phones and smart speakers. One study found that some websites can store over 300 tracking cookies on your computer or mobile phone.

    Here’s how websites you browse can track you using cookies or tracking pixels.

    Data privacy controls – and limitations

    Like generative AI platforms, social media platforms offer privacy settings and opt-outs, but these give people limited control over how their personal data is aggregated and monetized. As media theorist Douglas Rushkoff argued in 2011, if the service is free, you are the product.

    Many tools that include AI don’t require a person to take any direct action for the tool to collect data about that person. Smart devices such as home speakers, fitness trackers and watches continually gather information through biometric sensors, voice recognition and location tracking. Smart home speakers continually listen for the command to activate or “wake up” the device. As the device is listening for this word, it picks up all the conversations happening around it, even though it does not seem to be active.

    Some companies claim that voice data is only stored when the wake word – what you say to wake up the device – is detected. However, people have raised concerns about accidental recordings, especially because these devices are often connected to cloud services, which allow voice data to be stored, synced and shared across multiple devices such as your phone, smart speaker and tablet.

    If the company allows, it’s also possible for this data to be accessed by third parties, such as advertisers, data analytics firms or a law enforcement agency with a warrant.

    Privacy rollbacks

    This potential for third-party access also applies to smartwatches and fitness trackers, which monitor health metrics and user activity patterns. Companies that produce wearable fitness devices are not considered “covered entities” and so are not bound by the Health Information Portability and Accountability Act. This means that they are legally allowed to sell health- and location-related data collected from their users.

    Concerns about HIPAA data arose in 2018, when Strava, a fitness company released a global heat map of user’s exercise routes. In doing so, it accidentally revealed sensitive military locations across the globe through highlighting the exercise routes of military personnel.

    Smart speakers can collect information even when they’re sleeping.
    recep-bg/Getty Images

    The Trump administration has tapped Palantir, a company that specializes in using AI for data analytics, to collate and analyze data about Americans. Meanwhile, Palantir has announced a partnership with a company that runs self-checkout systems.

    Such partnerships can expand corporate and government reach into everyday consumer behavior. This one could be used to create detailed personal profiles on Americans by linking their consumer habits with other personal data. This raises concerns about increased surveillance and loss of anonymity. It could allow citizens to be tracked and analyzed across multiple aspects of their lives without their knowledge or consent.

    Some smart device companies are also rolling back privacy protections instead of strengthening them. Amazon recently announced that starting on March 28, 2025, all voice recordings from Amazon Echo devices would be sent to Amazon’s cloud by default, and users will no longer have the option to turn this function off. This is different from previous settings, which allowed users to limit private data collection.

    Changes like these raise concerns about how much control consumers have over their own data when using smart devices. Many privacy experts consider cloud storage of voice recordings a form of data collection, especially when used to improve algorithms or build user profiles, which has implications for data privacy laws designed to protect online privacy.

    Implications for data privacy

    All of this brings up serious privacy concerns for people and governments on how AI tools collect, store, use and transmit data. The biggest concern is transparency. People don’t know what data is being collected, how the data is being used, and who has access to that data.

    Companies tend to use complicated privacy policies filled with technical jargon to make it difficult for people to understand the terms of a service that they agree to. People also tend not to read terms of service documents. One study found that people averaged 73 seconds reading a terms of service document that had an average read time of 29-32 minutes.

    Data collected by AI tools may initially reside with a company that you trust, but can easily be sold and given to a company that you don’t trust.

    AI tools, the companies in charge of them and the companies that have access to the data they collect can also be subject to cyberattacks and data breaches that can reveal sensitive personal information. These attacks can by carried out by cybercriminals who are in it for the money, or by so-called advanced persistent threats, which are typically nation/state- sponsored attackers who gain access to networks and systems and remain there undetected, collecting information and personal data to eventually cause disruption or harm.

    While laws and regulations such as the General Data Protection Regulation in the European Union and the California Consumer Privacy Act aim to safeguard user data, AI development and use have often outpaced the legislative process. The laws are still catching up on AI and data privacy. For now, you should assume any AI-powered device or platform is collecting data on your inputs, behaviors and patterns.

    Using AI tools

    Although AI tools collect people’s data, and the way this accumulation of data affects people’s data privacy is concerning, the tools can also be useful. AI-powered applications can streamline workflows, automate repetitive tasks and provide valuable insights.

    But it’s crucial to approach these tools with awareness and caution.

    When using a generative AI platform that gives you answers to questions you type in a prompt, don’t include any personally identifiable information, including names, birth dates, Social Security numbers or home addresses. At the workplace, don’t include trade secrets or classified information. In general, don’t put anything into a prompt that you wouldn’t feel comfortable revealing to the public or seeing on a billboard. Remember, once you hit enter on the prompt, you’ve lost control of that information.

    Remember that devices which are turned on are always listening – even if they’re asleep. If you use smart home or embedded devices, turn them off when you need to have a private conversation. A device that’s asleep looks inactive, but it is still powered on and listening for a wake word or signal. Unplugging a device or removing its batteries is a good way of making sure the device is truly off.

    Finally, be aware of the terms of service and data collection policies of the devices and platforms that you are using. You might be surprised by what you’ve already agreed to.

    This article is part of a series on data privacy that explores who collects your data, what and how they collect, who sells and buys your data, what they all do with it, and what you can do about it.

    The Conversation will be hosting a free webinar on practical and safe use of AI with our tech editor and an AI expert on June 24 at 2pm ET/11am PT. Sign up to get your questions answered.

    Christopher Ramezan receives funding from the Appalachian Regional Commission.

    ref. AI tools collect and store data about you from all your devices – here’s how to be aware of what you’re revealing – https://theconversation.com/ai-tools-collect-and-store-data-about-you-from-all-your-devices-heres-how-to-be-aware-of-what-youre-revealing-251693

    MIL OSI

  • MIL-OSI Europe: ECB’s Governing Council updates its monetary policy strategy

    Source: European Central Bank

    30 June 2025

    • Governing Council confirms symmetric 2% inflation target over the medium term
    • Symmetry requires appropriately forceful or persistent policy response to large, sustained deviations of inflation from target in either direction
    • All tools remain in toolkit and their choice, design and implementation will enable an agile response to new shocks
    • Structural shifts such as geopolitical and economic fragmentation and increasing use of artificial intelligence make the inflation environment more uncertain

    The Governing Council of the European Central Bank (ECB) today published the results of its strategy assessment, which are set out in an updated monetary policy strategy statement.

    Following the strategy review carried out in 2020-21, the Governing Council announced that it would periodically assess the appropriateness of its monetary policy strategy. The assessment published today meets this commitment, ensuring that our framework, toolkit and approach remain fit for purpose.

    The monetary policy strategy enables the Governing Council to respond effectively to major changes in the inflation environment. This is especially important as ongoing structural shifts, such as geopolitical and economic fragmentation, increasing use of artificial intelligence, demographic change and the threat to environmental sustainability, suggest that the inflation environment will remain uncertain and potentially more volatile, with larger deviations from the symmetric 2% inflation target.

    To maintain the symmetry of the target, appropriately forceful or persistent monetary policy action in response to large, sustained deviations of inflation from the target in either direction is important. This will help to avoid inflation expectations becoming de-anchored and inflation deviations from the target becoming entrenched.

    “I am happy to announce that the Governing Council during its latest meeting approved the ECB’s updated monetary policy strategy”, said ECB President Christine Lagarde. “This assessment was a valuable opportunity to challenge our thinking, check our policy toolkit and fine-tune our strategy. It provides us with an even stronger basis to conduct monetary policy and fulfil our mandate of price stability in an increasingly uncertain environment.”

    All monetary policy tools currently available to the Governing Council will remain in its toolkit. Their use at any time will continue to be subject to a comprehensive proportionality assessment. Their choice, design and implementation will be sufficiently flexible to enable an agile response to changes in the inflation environment.

    In monetary policy decisions the Governing Council takes into account not only the most likely path for inflation and the economy but also surrounding risks and uncertainty, including through the appropriate use of scenarios and sensitivity analyses.

    The first regular monetary policy meeting of the Governing Council applying the updated strategy will be held on 23-24 July 2025. The Governing Council intends to assess periodically the appropriateness of its monetary policy strategy, with the next assessment expected in 2030.

    For media queries, please contact Stefan Ruhkamp, tel.: +49 69 1344 5057.

    Notes

    • Prior to the 2025 strategy assessment, the Governing Council concluded strategy reviews in 2003 and 2021.
    • Over the last 12 months the Governing Council has held seminars, presentations, discussions and meetings dedicated to the strategy assessment.
    • The strategy assessment is the result of a significant collaborative effort over this period. It involved staff of the ECB and national central banks across the euro area and was organised into two separate workstreams.

    MIL OSI Europe News

  • MIL-OSI Europe: ECB’s Governing Council updates its monetary policy strategy

    Source: European Central Bank

    30 June 2025

    • Governing Council confirms symmetric 2% inflation target over the medium term
    • Symmetry requires appropriately forceful or persistent policy response to large, sustained deviations of inflation from target in either direction
    • All tools remain in toolkit and their choice, design and implementation will enable an agile response to new shocks
    • Structural shifts such as geopolitical and economic fragmentation and increasing use of artificial intelligence make the inflation environment more uncertain

    The Governing Council of the European Central Bank (ECB) today published the results of its strategy assessment, which are set out in an updated monetary policy strategy statement.

    Following the strategy review carried out in 2020-21, the Governing Council announced that it would periodically assess the appropriateness of its monetary policy strategy. The assessment published today meets this commitment, ensuring that our framework, toolkit and approach remain fit for purpose.

    The monetary policy strategy enables the Governing Council to respond effectively to major changes in the inflation environment. This is especially important as ongoing structural shifts, such as geopolitical and economic fragmentation, increasing use of artificial intelligence, demographic change and the threat to environmental sustainability, suggest that the inflation environment will remain uncertain and potentially more volatile, with larger deviations from the symmetric 2% inflation target.

    To maintain the symmetry of the target, appropriately forceful or persistent monetary policy action in response to large, sustained deviations of inflation from the target in either direction is important. This will help to avoid inflation expectations becoming de-anchored and inflation deviations from the target becoming entrenched.

    “I am happy to announce that the Governing Council during its latest meeting approved the ECB’s updated monetary policy strategy”, said ECB President Christine Lagarde. “This assessment was a valuable opportunity to challenge our thinking, check our policy toolkit and fine-tune our strategy. It provides us with an even stronger basis to conduct monetary policy and fulfil our mandate of price stability in an increasingly uncertain environment.”

    All monetary policy tools currently available to the Governing Council will remain in its toolkit. Their use at any time will continue to be subject to a comprehensive proportionality assessment. Their choice, design and implementation will be sufficiently flexible to enable an agile response to changes in the inflation environment.

    In monetary policy decisions the Governing Council takes into account not only the most likely path for inflation and the economy but also surrounding risks and uncertainty, including through the appropriate use of scenarios and sensitivity analyses.

    The first regular monetary policy meeting of the Governing Council applying the updated strategy will be held on 23-24 July 2025. The Governing Council intends to assess periodically the appropriateness of its monetary policy strategy, with the next assessment expected in 2030.

    For media queries, please contact Stefan Ruhkamp, tel.: +49 69 1344 5057.

    Notes

    • Prior to the 2025 strategy assessment, the Governing Council concluded strategy reviews in 2003 and 2021.
    • Over the last 12 months the Governing Council has held seminars, presentations, discussions and meetings dedicated to the strategy assessment.
    • The strategy assessment is the result of a significant collaborative effort over this period. It involved staff of the ECB and national central banks across the euro area and was organised into two separate workstreams.

    MIL OSI Europe News

  • MIL-OSI Analysis: The US’s asbestos U-turn: why the Environmental Protection Agency is reconsidering its ban

    Source: The Conversation – UK – By Allen Haddrell, Research Fellow, School of Chemistry, University of Bristol

    Once asbestos enters the lungs, it doesn’t leave. Its sharp, microscopic fibres scar tissues, trigger inflammation and can cause deadly diseases like mesothelioma, lung cancer and laryngeal cancer. That’s why over 60 countries have banned it – and why the US mostly phased it out.

    In 2024, the Environmental Protection Agency (EPA) moved to ban all industrial uses. But on June 17, the agency said it would revisit the Biden‑era ban.

    Asbestos is a naturally occurring silicate mineral made of thin, fibrous crystals. It is fire-resistant, durable, lightweight, flexible and insulating. This unique blend of properties resulted in its widespread use over millennia. Indeed, asbestos fibres have been found woven into pottery and textiles from 2500BC.

    Its resistance to friction and electricity made it desirable during the Industrial Revolution for use in boilers and steam engines. In the 20th century, the useful mix of physical properties resulted in asbestos becoming ubiquitous in the construction and automotive industries, peaking in the 1970s.

    Although the properties of asbestos at the macroscopic level are beneficial, at the microscopic level it’s anything but. When dust from asbestos (0.1 to tens of microns) is inhaled, it deposits throughout the respiratory system, causing inflammation and scarring of lung tissue.

    While the adverse health effects associated with asbestos exposure were observed in ancient Rome, it wasn’t until the 20th century that the full extent of harm was realised. Specifically, asbestos exposure is linked to numerous respiratory diseases, including mesothelioma, lung cancer and asbestosis.

    It took a long time for people to understand how dangerous asbestos really is. The main reason is that the illnesses it causes often don’t show up for decades. This long delay makes it very hard to link exposure to the disease it causes.

    Making this connection is also made more difficult when those most familiar with it, including manufacturers such as Johns-Manville and industry groups such as the Asbestos Information Association (AIA) were actively denying the connection, and suppressing reports demonstrating the link.

    By the 1970s, the volume of evidence showing the harms of asbestos had become overwhelming. The AIA evolved its argument, claiming that the practices in the industry had changed and that the risks were from a bygone era “when the dust control equipment in use was not as efficient or as sophisticated”. Although the association never explicitly admitted that asbestos caused harm.

    Since it can take decades for the health effects of asbestos exposure to fully manifest, the full extent of the damage caused by asbestos exposure from the 1970s and onward, an era where the dust control equipment was claimed to be “efficient and sophisticated”.

    The Asbestos Information Association, once a key industry group promoting the safe use of asbestos, quietly disbanded in the early 2000s as litigation and public health evidence mounted.

    History of asbestos.

    What type of asbestos is the US considering unbanning?

    The EPA is considering unbanning chrysotile asbestos, also called white asbestos. This type of asbestos is often used in things like brake pads, gaskets and industrial equipment. In March 2024 the EPA banned it, stopping new uses and imports. The ban also included a gradual phase-out plan.

    Who is pushing for the unbanning and why now?

    From the outset, industry groups such as the American Chemistry Council (ACC) raised concerns about the EPA’s ban, warning that “a prohibition of an estimated 52% of annual production volume … that rapidly, could have substantial supply chain impacts”, particularly if manufacturers were bound by existing contracts or chose to cease production entirely.

    As for why now, one factor is the re-election of Donald Trump, who put his views on record some time ago downplaying the dangers of asbestos. In 1997, he wrote in his book Trump: The Art of the Comeback that asbestos is “100 percent safe, once applied”. A point not supported by the best available science.

    Why is the EPA considering unbanning it?

    According to former ACC employee and current senior official in EPA’s Office of Chemical Safety and Pollution Prevention Lynn Ann Dekleva, they want to consider if the ban “went beyond what is necessary to eliminate the unreasonable risk and whether alternative measures — such as requiring permanent workplace protection measures – would eliminate the unreasonable risk”.

    What industries still want to use this type of asbestos?

    The largest push appears to be coming from the chlor-alkali industry where they use it to produce chlorine and sodium hydroxide.

    Is this type of asbestos dangerous?

    Yes. There is no safe level of exposure.

    How many people could this affect?

    Each year, around 40,000 deaths in the US and about 5,000 in the UK are attributed to asbestos exposure. If lifted, it’s possible that the number in the US could increase over the coming decades while those in the UK will continue to fall.

    Does this mean asbestos could make a comeback elsewhere too?

    Unlikely. While global consensus moves toward stricter regulation, the US now finds itself at a crossroads, between scientific evidence and pressure from industry.

    Allen Haddrell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. The US’s asbestos U-turn: why the Environmental Protection Agency is reconsidering its ban – https://theconversation.com/the-uss-asbestos-u-turn-why-the-environmental-protection-agency-is-reconsidering-its-ban-259597

    MIL OSI Analysis

  • MIL-OSI China: The 6th ICMM Pan-Asia Pacific Regional Congress on Military Medicine Concludes in Beijing 2025-06-30 16:37:58 The 6th Pan-Asia Pacific Regional Congress on Military Medicine concluded in Beijing on June 27, 2025.

    Source: People’s Republic of China – Ministry of National Defense

      Prize winners are awarded the “Best Poster Award” at the closing ceremony of the 6th Pan-Asia Pacific Regional Congress on Military Medicine in Beijing on June 27, 2025.

      BEIJING, June 30 — The 6th Pan-Asia Pacific Regional Congress on Military Medicine concluded in Beijing on June 27, 2025. More than 240 representatives from military health departments of over 20 countries and 5 international organizations held in-depth exchanges on the development of military medicine.

      The conference featured four dedicated exhibition zones covering combat casualty care, training injury prevention/treatment, traditional medicine, and medical equipment. 45 Chinese and foreign experts delivered specialized presentations covering cutting-edge fields including artificial intelligence, battlefield medical applications of unmanned aerial vehicles, biomedicine, and infectious disease prevention and control.

      “In the current context of frequent regional conflicts, the development of military medicine is particularly important for international humanitarian operations,” said Hussain Al-Dahwi, head of Health Department at the International Committee of the Red Cross Regional Delegation for East Asia. He noted that China’s military medical forces have consistently been a steadfast force in practicing international humanitarianism and promoting military medical cooperation.

      The Chinese military has deployed multiple peacekeeping medical units to conflict zones globally for medical support missions, conducted joint medical exercises and training with foreign counterparts such as the China-Laos “Peace Train,” China-Cambodia “Peace Angel,” and China-Vietnam “Peace Rescue” operations, dispatched the Peace Ark hospital ship for the “Mission Harmony” series of tasks, and actively participated in international humanitarian rescue work in natural disasters including the Nepal earthquake (2015) and Myanmar earthquake (2023).

      By hosting this conference, China has established a premier platform for militaries of different countries to share combat medical expertise, and strengthened international military medical health cooperation.

      Foreign attendees experience the traditional Chinese massage therapy during the 6th Pan-Asia Pacific Regional Congress on Military Medicine.

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    MIL OSI China News

  • MIL-OSI Submissions: What Peru’s Virgen de la Puerta represents about unity and inclusion

    Source: The Conversation – USA – By Caitlin Cipolla-McCulloch, Researcher in Marianist Studies, University of Dayton

    La Virgen de la Puerta behind a glass window at the pinnacle of the church. Caitlin Cipolla-McCulloch

    Leo XIV, the first pope born in the United States, is also claimed by the Peruvian people whom he served for over two decades as one of their own.

    Then known as Robert Francis Prevost, he lived and worked in the cities of Trujillo and Chiclayo in northern Peru. In Chiclayo he served as bishop from 2015-2023. Trujillo is a few hours south of Chiclayo, where the pope lived for a decade.

    His ministry there is particularly exciting to me because I also lived in northern Peru, during a service year with the Marianist Family between my undergraduate experience at the University of Dayton and my first year of full-time ministry. The Marianist Family was founded in response to specific needs in postrevolutionary French society. Composed of lay people and vowed religious sisters, brothers and priests, it emphasizes devotion to Mary and a communal lifestyle as a distinctive way of living out one’s Roman Catholicism.

    About a two-hour bus ride away from Trujillo lies the mountainous town of Otuzco, where I lived with other members of the Marianist Family – a place that would later become a significant focus of my research as a lay Marianist and Mariologist. An image of Mary – La Virgen de la Puerta – now housed in a shrine church, has been venerated and revered in the community for over 300 years.

    The shrine church of La Virgen de la Puerta.

    The majority of those who maintain a devotional relationship with this image, both local or from the surrounding villages, are part of the Catholic religious majority in Peru. But some other Peruvians – including non- Catholics, some members of the LGBTQ+ community, and others who are marginalized, such as former prisoners and migrants – also revere her. Many of the devotees do not live near Otuzco but maintain a spiritual relationship with La Virgen de la Puerta.

    The founding of Otuzco

    The Augustinians – the religious congregation of brothers and priests that Leo XIV is a member of – settled in Otuzco in 1560.

    As part of the founding of the town, the Augustinian Fathers placed the town under the protection of Mary, the mother of Jesus. They acquired a Spanish image, a statue of Mary made mostly of wood, and selected Dec. 15 to celebrate her locally. This tradition has continued since 1664, about 100 years after the Augustinian Fathers settled in Otuzco.

    Frequently riddled by threats of pirates and other dangers, the people of Otuzco prayed fervently to this image of Mary for protection.

    A Virgen de la Puerta procession in the evening in the streets of Otuzco.
    Caitlin Cipolla-McCulloch

    During one particular threat to their safety, around 1670, they took this image into the streets in procession to protect their town. They placed this image of Mary above the door of the church in the center of town and called the image “Nuestra Señora de la Puerta” – transliterated into English: “Our Lady of the Door.”

    Contemporary pilgrimage in Otuzco

    In modern times, the fiesta of La Virgen de la Puerta is lavishly celebrated in the town of Otuzco, where thousands of faithful descend upon the mountain community for the multiday fiesta patronal, a festive celebration that honors the patron saint to whom a site is dedicated or entrusted.

    The fiesta patronal of La Virgen de la Puerta begins annually on Dec. 14, with the principal day observed on Dec. 15, and concludes on Dec. 16.

    During the days of the fiesta, the road between Trujillo and Otuzco is transformed into a pilgrimage route. The purpose of the journey can vary from pilgrim to pilgrim, yet it often reflects a deeply personal act of devotion.

    Some pilgrims arrive from Otuzco, Trujillo and neighboring villages, while others travel long distances – in Peru or from abroad – to honor La Virgen de la Puerta. Some pilgrims journey the roughly 50 miles (over 80 kilometers) between Trujillo and Otuzco on foot.

    I personally made this journey with a group of fellow pilgrims, the very people I was living among and ministering with during my service year in Peru. My pilgrimage involved a backpack with basic medical supplies for the group. After an overnight walk to Otuzco in camping pants, a T-shirt, hat and sneakers, I arrived before the image of Mary with quarter-size blisters on my feet.

    La Virgen de la Puerta procession through the streets of Otuzco.
    Caitlin Cipolla-McCulloch

    Some pilgrims, unlike me, mark the final kilometers of their journey by advancing to the shrine through the streets on their knees.

    Devotion outside Otuzco

    In addition to the thousands who descend on the town of Otuzco each year for the celebration, there are those who are deeply devoted to La Virgen de la Puerta but do not or cannot make the journey to the shrine. Their celebrations take place at times at a great distance from Otuzco.

    Among them are members of the LGBTQ+ community, who to this day remain marginalized in broader Peruvian and Catholic culture. Although members of the LGBTQ+ community reside throughout Peru, the neighborhood of Cerro El Pino in Lima has historically been the site of a festive celebration in honor of La Virgen de la Puerta, which many community members observe.

    Differing communities come with differing needs to La Virgen de la Puerta. The LGBTQ+ community in this particular neighborhood believes she has protected them throughout their history. During the early years of the AIDS epidemic in the 1990s, when over 10% of the male population in Lima was infected by HIV, members of this community sought the protection of La Virgen de la Puerta for their physical health. Although some people died from AIDS, others continued to participate in the rituals of the fiesta to honor her protection over time, even amid their suffering. They wore special costumes, sang and performed the dances that have been part of the fiesta patronal for over 300 years.

    Francisco Rodríguez Torres is a Peruvian photographer who lives in the capital city, Lima, but has roots in the northern region where the image of La Virgen de la Puerta is located. He is one of those who has documented the activities of the fiesta patronal both in Otuzco and in Lima in his text La Mamita de Otuzco.

    He writes both about the local faithful as well as those who venerate the image from a distance. In his Spanish language text, he has documented that La Virgen de la Puerta is considered a mother by groups who find themselves on the margins of society. These groups include those who are part of the LGBTQ+ community, the poor, former prisoners and migrants. They “hope to find in her gaze a consolation,” he explains.

    Devotees bring their special petitions before La Virgen de la Puerta: They ask for her support in making decisions and for their everyday needs. Some even pray for miraculous healing.

    Echoing this sentiment of finding hope in La Virgen de la Puerta, Pope Francis, during his apostolic journey to Peru, crowned La Virgen de la Puerta and gave her the title of Mother of Mercy and Hope. In his address during a special prayer service in Trujillo on Jan. 20, 2018, Francis recounted that La Virgen de la Puerta has defended and protected all of her children throughout history.

    Leo, following the example of Francis, has focused on the importance of dialogue and peace. In his first message from the balcony upon being announced pope he said that members of the Catholic Church must build “bridges, dialogue, always open to receive like this square with its open arms, all, all who need our charity, our presence, dialogue and love.”

    I believe that La Virgen de la Puerta – a source of mercy and hope for all her devotees, regardless of whether they have been historically marginalized or excluded – offers an example to the world community of the greater unity with one another that Leo XIV is seeking to prioritize.

    Caitlin Cipolla-McCulloch does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. What Peru’s Virgen de la Puerta represents about unity and inclusion – https://theconversation.com/what-perus-virgen-de-la-puerta-represents-about-unity-and-inclusion-256766

    MIL OSI

  • MIL-OSI Submissions: Rethinking engineering education: Why focusing on learning preferences matters for diversity

    Source: The Conversation – USA (2) – By Sharon Tettegah, Professor of Creative Studies, University of California, Santa Barbara

    Retention and recruitment efforts designed to boost diversity in engineering programs often fall short of their goals. gorodenkoff/Getty Images

    For decades, colleges, government agencies and foundations have experimented with recruitment and retention efforts designed to increase diversity in engineering programs.

    However, the efforts have not significantly boosted the number of women, students of color, individuals with disabilities and other underrepresented groups studying and earning degrees in STEM and engineering fields.

    Latino, Black, Native American and Alaska Native students are underrepresented among science and engineering degree recipients at the bachelor’s degree level and above. The groups are also underrepresented among STEM workers with at least a bachelor’s degree.

    Women are also underrepresented in the STEM workforce and among degree recipients in engineering and computer and information sciences.

    I study equity and social justice in STEM learning. In my recent study, I found that more students from diverse backgrounds could excel in engineering programs if course content were tailored to a wider variety of learning preferences.

    Why it matters

    Focusing on learning preferences could boost diversity in engineering courses and careers.
    Morsa Images/Getty Images

    During my time as a program officer at the National Science Foundation, an independent federal agency that supports science and engineering, I reviewed plenty of research focused on broadening participation and diversifying student enrollment in STEM fields.

    Progress can stall on efforts to boost diversity because college instructors do not consider the synergistic relationship between the content and the learner.

    Teachers are the mediators, and it is students’ experiences with the curriculum that matter.

    It was long a common belief that students have different learning styles. These included kinesthetic, learning through hands-on experiences and physical activity; auditory, learning by listening to information; and visual, learning by seeing information.

    More recent research does not support the idea that teaching students according to their learning style leads to improved learning.

    That’s why I prefer the term “learning preferences” rather than learning styles. We all have preferences – whether for ice cream flavors, home decor or how we receive information, including how we learn.

    Learning preferences are broader and more flexible, allowing multiple ways of engaging with content.

    For example, let’s say a teacher always presented equations in a classroom and the student just could not get it. However, it was the only way the information was presented. To the individual learner, they have failed. Some people would say, “These kids can’t learn,” and subsequently counsel the student out of the class.

    Then, years are spent repeating the same cycle.

    Students should have opportunities to connect with engineering content in multiple ways.
    10’000 hours/Getty Images

    However, educators can broaden their viewpoints if they look at the students as customers. If a customer is shopping for a shirt, they look for one that catches their eye. Ultimately, they find one they like.

    Instructors need to take the same approach when trying to help students understand what is happening in class. For instance, if I have trouble with equations, I should be provided with options to engage with the lesson in ways that align with my learning preferences.

    What’s next?

    Learning styles have been heavily researched. However, content preferences have not been well explored.

    In a truly democratic education system, curriculum design should reflect the voices of all stakeholders and not just those in positions of power, namely instructors.

    Using data mining and artificial intelligence, educators have a variety of options for creating content for the various preferences a learner may want or need. For example, if a student prefers other representational content, such as word problems, graphics or simulations, AI can create diverse representations so that the learner is exposed to a variety of representations.

    I argue that future studies need to consider the use of technologies such as adaptive learning applications to understand students’ learning preferences.

    Prioritizing diverse learning perspectives in STEM could help create a more inclusive and responsive learning environment.

    The Research Brief is a short take on interesting academic work.

    Sharon Tettegah received funding from the National Science Foundation for this work. Award Abstract # 1826632
    Coordinating Curricula and User Preferences to Increase the Participation of Women and Students of Color in Engineering

    ref. Rethinking engineering education: Why focusing on learning preferences matters for diversity – https://theconversation.com/rethinking-engineering-education-why-focusing-on-learning-preferences-matters-for-diversity-251095

    MIL OSI

  • 88 pc global firms now have dedicated AI budgets; focus shifts to intelligent agents: Report

    Source: Government of India

    Source: Government of India (4)

    Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday.

    This major investment push marks a clear shift from early experimentation with Generative AI to building intelligent, goal-oriented systems known as AI agents, according to data compiled by Nasscom.

    Titled ‘Enterprise Experiments with AI Agents – 2025 Global Trends,’ the report provides a comprehensive look at how companies across the globe are preparing for the next phase of AI adoption.

    Sangeeta Gupta, Senior Vice President and Chief Strategy Officer at Nasscom, said that enterprises are at a crucial turning point.

    “AI agents represent the next evolution of enterprise AI — one that requires philosophical shifts in how we view work, intelligence, and autonomy,” she said.

    However, she also emphasised that scaling AI systems responsibly would require strong trust, data readiness, and continuous human oversight.

    Based on responses from over 100 companies across 8–9 global regions and more than 10 industries, the study shows how enterprises are moving beyond passive data analysis to more active AI systems that can perform tasks and make decisions with human oversight.

    The report shows that businesses are strengthening their AI foundation through investments in GenAI tools, data infrastructure, and flexible processes.

    Many companies have already formed specialised AI teams and are working with advanced platforms, upgrading their tech setups to support the deployment of AI agents.

    However, despite high awareness of Generative AI, only half of the surveyed companies are fine-tuning large language models (LLMs) or foundation models for their own needs.

    One of the biggest highlights of the report is the growing interest in Agentic AI — systems designed to act independently while still being monitored by humans.

    About 62 per cent of companies are experimenting with such AI agents, mainly for internal tasks such as IT operations, HR, and finance.

    External uses, like customer service, are still limited, with only 31 per cent of enterprises using Agentic AI in those areas.

    However, looking ahead, 88 per cent of companies plan to set aside budgets specifically for Agentic AI systems in 2025.

    The report also reveals that most companies are being cautious. Around 77 per cent are designing Agentic AI systems with a ‘human-in-the-loop’ model to ensure oversight and adaptability.

    Only 46 per cent are testing fully autonomous agents. Manufacturing companies appear to be ahead in adoption, using AI for robotics, quality control, and other operational areas.

    When it comes to benefits, companies believe AI agents can help in making faster decisions and responding better to market changes, the report said.

    (IANS)

  • MIL-OSI Security: INTERPOL releases new information on globalization of scam centres

    Source: Interpol (news and events)

    • Victims have been trafficked into criminality from more than 60 countries around the world
    • West Africa is emerging as a potential regional hub for online scam centres

    LYON, France: Human trafficking-fueled scam centres have expanded their global footprint, according to a new crime trend update released by INTERPOL.

    As of March 2025, victims from 66 countries were trafficked into online scam centres, with no continent left untouched.

    Seventy-four percent of human trafficking victims were brought to centres in the original ‘hub’ region of Southeast Asia, according to analysis of the crime trend using data from relevant INTERPOL Notices issued in the past five years.

    However, online scam centres have increasingly been observed in other regions, including the Middle East, West Africa – which could be developing into a new regional hub – and Central America.

    While approximately 90 percent of human trafficking facilitators were from Asia, 11 per cent were from South America or Africa.

    Eighty per cent of facilitators were men, and 61 per cent were aged between 20 and 39 years old.

    Global crisis

    Initially concentrated in a handful of Southeast Asian countries, the centres are estimated to have drawn in hundreds of thousands of human trafficking victims, typically through false job ads, detaining them in compounds and forcing them to carry out online social engineering scams.

    While not every person committing fraud in a scam centre is a victim of human trafficking, those held against their will are often subject to extortion through debt bondage, as well as beatings, sexual exploitation, torture and rape.

    Online scams engineered by the centres target a second set of globally-dispersed victims, who often suffer debilitating financial and emotional damage.

    Since 2023, INTERPOL has documented how this double-edged crime trend has evolved from a regional threat in Southeast Asia to a global crisis, issuing an Orange Notice to signal its serious and imminent threat to public safety.

    In 2024, a global operation coordinated by INTERPOL uncovered dozens of cases in which trafficking victims were deceived and coerced into committing fraud, with national police officers raiding an industrial-scale scam centre in the Philippines.

    In the same year, an INTERPOL operation saw police dismantle a scam centre in Namibia, where 88 youths were forced to conduct scams.

    Growing use of AI

    The INTERPOL update also highlights how emerging technologies and convergence with other major crime areas could transform human trafficking-fueled scam centres as the crime trend continues to evolve.

    The use of artificial intelligence has been observed in a growing number of scamming cases.

    AI has been used to develop convincing fake job ads that attract human trafficking victims as well as generate online photos or profiles through ‘deepfake’ technology for sextortion and romance scams, among other social engineering schemes.

    Moreover, reports analysed by INTERPOL show that the same routes used to traffic victims to scam centres can be used to traffic drugs, firearms and protected wildlife species.

    The areas where scam centres have emerged in Southeast Asia are also key hubs for the trafficking of endangered species such as tigers or pangolins, making criminal diversification likely.

    Cyril Gout, Acting Executive Director of Police Services at INTERPOL, said:

    “The reach of online scam centres spans the globe and represents a dynamic and persistent global challenge.”

    “Tackling this rapidly globalizing threat requires a coordinated international response. We must increase the exchange of information between law enforcement in the growing number of countries affected and strengthen partnerships with NGOs that help victims and technology companies whose platforms are being exploited.”

    MIL Security OSI

  • MIL-OSI: Qifu Technology Announces Results of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 30, 2025 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced that the following proposed resolutions submitted for shareholder approval have been duly adopted at its annual general meeting of shareholders held today:

    1. as a special resolution, THAT, the English name of the Company be changed from “Qifu Technology, Inc.” to “Qfin Holdings, Inc.”;
    2. as a special resolution, THAT, the Third Amended and Restated Memorandum and Articles of Association of the Company currently in effect be amended and restated by the deletion in their entirety and by the substitution in their place of the Fourth Amended and Restated Memorandum and Articles of Association in the form attached as Appendix I to the Notice of the Annual General Meeting;
    3. as an ordinary resolution, THAT, Deloitte Touche Tohmatsu Certified Public Accountants LLP shall be re-appointed as the auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix their remuneration for the year ending December 31, 2025; and
    4. as an ordinary resolution, THAT, Mr. Xiangge Liu shall be re-elected as a director of the Company at the Annual General Meeting and retain office until his retirement pursuant to the Company’s memorandum and articles of association.

    About Qifu Technology

    Qifu Technology is a leading AI-empowered Credit-Tech platform in China. By leveraging its sophisticated machine learning models and data analytics capabilities, the Company provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services. The Company is dedicated to making credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions.

    For more information, please visit: https://ir.qifu.tech.

    Safe Harbor Statement

    Any forward-looking statements contained in this announcement are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. Qifu Technology may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including the Company’s business outlook, beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, which factors include but not limited to the following: the Company’s growth strategies, changes in laws, rules and regulatory environments, the recognition of the Company’s brand, market acceptance of the Company’s products and services, trends and developments in the credit-tech industry, governmental policies relating to the credit-tech industry, general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks and uncertainties is included in Qifu Technology’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Qifu Technology does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For more information, please contact:

    Qifu Technology
    E-mail: ir@qfin.com

    The MIL Network

  • MIL-OSI: Qifu Technology Announces Results of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 30, 2025 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced that the following proposed resolutions submitted for shareholder approval have been duly adopted at its annual general meeting of shareholders held today:

    1. as a special resolution, THAT, the English name of the Company be changed from “Qifu Technology, Inc.” to “Qfin Holdings, Inc.”;
    2. as a special resolution, THAT, the Third Amended and Restated Memorandum and Articles of Association of the Company currently in effect be amended and restated by the deletion in their entirety and by the substitution in their place of the Fourth Amended and Restated Memorandum and Articles of Association in the form attached as Appendix I to the Notice of the Annual General Meeting;
    3. as an ordinary resolution, THAT, Deloitte Touche Tohmatsu Certified Public Accountants LLP shall be re-appointed as the auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix their remuneration for the year ending December 31, 2025; and
    4. as an ordinary resolution, THAT, Mr. Xiangge Liu shall be re-elected as a director of the Company at the Annual General Meeting and retain office until his retirement pursuant to the Company’s memorandum and articles of association.

    About Qifu Technology

    Qifu Technology is a leading AI-empowered Credit-Tech platform in China. By leveraging its sophisticated machine learning models and data analytics capabilities, the Company provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services. The Company is dedicated to making credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions.

    For more information, please visit: https://ir.qifu.tech.

    Safe Harbor Statement

    Any forward-looking statements contained in this announcement are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. Qifu Technology may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including the Company’s business outlook, beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, which factors include but not limited to the following: the Company’s growth strategies, changes in laws, rules and regulatory environments, the recognition of the Company’s brand, market acceptance of the Company’s products and services, trends and developments in the credit-tech industry, governmental policies relating to the credit-tech industry, general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks and uncertainties is included in Qifu Technology’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Qifu Technology does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For more information, please contact:

    Qifu Technology
    E-mail: ir@qfin.com

    The MIL Network

  • MIL-OSI Banking: World Chambers Federation announces new leadership for 2025–2028

    Source: International Chamber of Commerce

    Headline: World Chambers Federation announces new leadership for 2025–2028

    Mr. Marcelo Elizondo Secretary and Member of the Board, Argentine Chamber of Commerce and Services (Argentina) Mr. Andrew McKellar CEO, Australian Chamber of Commerce and Industry (Australia) Mr. Atef Al Khaja CEO, Bahrain Chamber of Commerce and Industry (Bahrain)   Mr. Tom Laveren CEO, Voka Chamber of Commerce Mechelen-Kempen (Belgium)   Mr. Jean Pierre Antelo President, CAINCO (Bolivia) Ms. Maria Bustamante President, FIESC Chamber of Foreign Trade (Brazil)  Mr. Daniel Campos Caramori Vice-President, Canadian Chamber of Commerce (Canada)  Mr. José Ovidio Claros Polanco President, Bogota Chamber of Commerce (Colombia)  Ms. Rim Siam President of the Economic Business Women Council, Alexandria Chamber of Commerce (Egypt)   Ms. Leticia Escobar President, Chamber of Commerce and Industry of El Salvador (El Salvador)  Mr. Giorgi Pertaia President, Georgian Chamber of Commerce and Industry (Georgia)  Mr. Volker Treier Chief Executive of Foreign Trade and Board Member, German Chamber of Commerce and Industry (Germany)   Mr. Ashish Vaid Past President, IMC Chamber of Commerce and Industry (India)  Mr. Mohammad Khazaee Torshizi Senior Advisor to the President, Iran Chamber of Commerce, Industries, Mines and Agriculture (Iran) Ms. Gilit Rubinstein CEO, Federation of Israeli Chambers of Commerce (Israel)  Mr. Dario Gallina Past President, Torino Chamber of Commerce (Italy)  Mr. Aigars Rostovskis President, Latvian Chamber of Commerce and Industry (Latvia)   Mr. Katsuya Igarashi Executive Director, Japan Chamber of Commerce and Industry (Japan)  Dr. Erick Rutto President, Kenya National Chamber of Commerce and Industry (Kenya)  Mr. Rabih Sabra Director General, Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon (Lebanon)   Ms. Charlotte Parkhill Chair, Auckland Business Chamber (New Zealand)   Mr. Gabriel Idahosa President, Lagos Chamber of Commerce and Industry (Nigeria)  Mr. Trajan Angeloski President, Macedonian Chamber of Commerce (North Macedonia)  Ms. Tamader Al Thani Director of International Relations and Chamber Affairs, Qatar Chamber of Commerce and Industry (Qatar)  Mr. Ovidiu Ioan Silaghi Secretary General, Chamber of Commerce and Industry of Romania (Romania)  Mr. Marko Cadez President, Chamber of Commerce and Industry of Serbia (Serbia)   Ms. Melanie Veness CEO and Chairperson, PMCB and Association of South African Chambers (South Africa)  Mr. Seong Woo Lee Vice-President, Korea Chamber of Commerce and Industry (South Korea)  Mr. Adolfo Díaz-Ambrona Secretary General, Spain Chamber of Commerce (Spain)  Mr. Izzet Volkan Chairman of the Board, Corlu Chamber of Commerce and Industry (Türkiye)  Mr. Salem Al Shamsi Vice-President for International Relations, Dubai Chambers (United Arab Emirates)   Mr. Gennadiy Chyzhykov President, Ukrainian Chamber of Commerce (Ukraine)  Mr. Ahmed M. El Wakil President, Association of the Mediterranean Chambers of Commerce and Industry (ASCAME) (Transnational)  Mr. Yousef Khalawi Secretary General, Islamic Chamber of Commerce and Development (Transnational)  Mr. Natalio Mario Grinman President, Ibero-American Association of Chambers of Commerce (AICO) (Transnational)  Mr. Peter McMullin President, Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) (Transnational)  Mr. Ben Butters CEO, Eurochambres (Transnational)  Dr. Khaled Hanafy Secretary General, Union of Arab Chambers (Transnational) 

    MIL OSI Global Banks

  • MIL-OSI Africa: Cassava Technologies partners with the South African Artificial Intelligence Association to boost local access to Artificial Intelligence (AI) compute services

    Cassava Technologies (https://www.CassavaTechnologies.com), a global technology leader of African heritage, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with the South African AI Association (SAAIA), an industry body focused on growing responsible AI adoption, to deliver artificial intelligence (AI) solutions and GPU-as-a-Service (GPUaas) across the African continent.  

    In terms of the agreement, SAAIA’s more than 3,000 AI practitioners, comprising entrepreneurs, researchers, and members of the wider business community in South Africa, will have access to Cassava’s data centre GPUs to develop and deploy local AI solutions and initiatives. The two organisations will also collaborate on initiatives aimed at supporting the regional and broader African AI ecosystem.

    “We are proud to partner with SAAIA to support the growth of Africa’s AI ecosystem. By extending our advanced AI infrastructure and capabilities to SAAIA’s growing community of AI professionals, we’re enabling greater access to the compute power required to build, test, and scale innovative local solutions. We believe this partnership will deliver meaningful value to both organisations and, more importantly, to the business and research communities driving AI development on the continent,” said Ziaad Suleman, CEO of Cassava Technologies South Africa and Botswana.

    As South Africa’s leading AI ecosystem builder, the South African Artificial Intelligence Association is focused on promoting the advancement of responsible AI in the country by uniting thousands of AI practitioners across the commercial, government, academic, startup, and NGO sectors. SAAIA also hosts the largest AI event in Africa, AI Expo Africa, and serves as a driving force behind trade and investment in the continent’s rapidly expanding smart technology segment.

    “SAAIA is pleased to be partnering with Cassava Technologies in strengthening AI in South Africa.  Supporting local AI entrepreneurs is a key pillar of SAAIA, and access to GPU-as-a-Service is a key enabler to growing the emerging AI startup ecosystem,” said SAAIA Founder and Chairman, Dr Nick Bradshaw. 

    Cassava’s collaboration with SAAIA reinforces its commitment to providing world-class digital solutions and advancing responsible AI adoption, innovation, and growth in Africa. It follows Cassava’s recent announcement of plans to build Africa’s first AI factory, providing local businesses, governments, and researchers with access to cutting-edge AI computing capacity. This aligns with Cassava’s vision of being the leading digital solutions provider in its chosen markets, empowering Africans to thrive in the digital economy. 

    Distributed by APO Group on behalf of Cassava Technologies.

    About Cassava Technologies:
    Cassava Technologies is a global technology leader of African heritage providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Headquartered in the UK, Cassava has a presence across Africa, the Middle East, Latin America and the United States of America. Through its business units, namely, Cassava AI, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, and Sasai Fintech, the company provides its customers’ products and services in 94 countries. These solutions drive the company’s ambition of establishing itself as a leading global technology company of African heritage. https://www.CassavaTechnologies.com/ 

    MIL OSI Africa