NewzIntel.com

Category: Trade

  • MIL-OSI United Nations: Decisions We Take Now ‘Will Shape Development Trajectories for Decades to Come’, Deputy Secretary-General Tells High-Level Political Forum

    Source: United Nations General Assembly and Security Council

    Following are UN Deputy Secretary-General Amina Mohammed’s remarks at the opening of the 2025 high-level political forum on sustainable development, in New York today:

    In 2015, the world made a landmark commitment to achieve sustainable development and ensure that no one is left behind.

    The 2030 Agenda built on previous decades of development efforts and carried forward the vision and lessons of the Millenium Development Goals.

    It framed the Sustainable Development Goals (SDGs) around a paradigm shift that integrates the three core dimensions of sustainable development — economic growth, social inclusion and environmental sustainability — and underscored the vital role of effective governance and strong institutions.

    It carried a promise to everyone, everywhere, to live in dignity, on a safe and healthy planet.

    Today, a decade later, we meet again as the world grapples with conflicts and deepening geopolitical tensions.

    The fabric of multilateralism is fading, and the SDGs seem out of reach.  Hard-won development gains are at serious risk, as a multitude of challenges, exacerbated by the chronic shortfall in adequate financing.

    Alarmingly, half of the world’s poorest countries have yet to return to their pre-pandemic income levels.

    Inequalities have amplified.  Trade tensions are escalating.  The climate crisis is worsening.  Democracy is under threat.  And the debt crisis continues to tighten its grip on the world’s poorest countries.

    The situation is truly sobering.  Yet, the latest data show that while progress on SDGs has been uneven and limited, there is reason for hope.

    Social protection and health systems are expanding, especially in middle-income countries, where they are reaching more people.

    More mothers are surviving childbirth and more children are living beyond their fifth birthday.

    Education access is broadening, creating new pathways for young people.

    The number of girls who are in school and studying STEM subjects is higher than ever before.

    Countries are investing in better data and technology, for policies to reach the furthest behind.

    There are promised investments in digital connectivity and clean energy, to serve those in the most remote areas.

    Meanwhile, the world has united behind an ambitious global agreement to confront deep-seated structural challenges and unlock faster, more inclusive progress.

    The Pact for the Future, adopted last September, builds on existing reforms and commitments and charts a bold way forward to revive multilateralism and collective action, anchored in peace, solidarity and cooperation.

    The Fourth International Conference on Financing for Development renewed our commitment to deliver on the Addis Ababa Action Agenda, take forward debt solutions and tackle the international financial architecture.

    The Ocean Conference in Nice generated important consensus on critical issues, from marine protected areas to plastic pollution, illegal fishing and maritime security.

    The thirtieth anniversary of the Fourth World Conference on Women and the adoption of the Beijing Declaration and Platform for Action (Beijing+30) and the twenty-fifth anniversary of the women, peace and security agenda, reignited political drive for gender equality and women’s empowerment.

    And there are many more opportunities this year to push our agenda forward:

    The Second Stocktake of the UN Food System Summit.

    The Second World Summit on Social Development.

    The Biennial Summit on Finance.

    The thirtieth UN Climate Change Conference, and ahead of that, new, updated and economy-wide nationally determined contributions to get our climate goals back on track.

    We must build on these achievements.  Make the most of the momentum and drive action — particularly through this high-level political forum.

    We are under pressure because the truth is:  expectations are high, trust is eroding and crises are deepening, as we strive to deliver on our promise of the 2030 Agenda.

    This forum is an important opportunity to reflect, exchange and course correct.  It is our space to amplify the momentum, share lessons and good practice, deepen partnerships and reignite our collective ambition to fulfil the promise of the Sustainable Development Goals.

    Over the coming days, we must reflect honestly and constructively on progress.  Particularly on SDG3 on health and well-being; SDG5 on gender equality and women’s empowerment; SDG8 on decent work and economic growth; SDG14 on life below water; and SDG 17 on partnerships and means of implementation — this all with human rights at the centre of everything we do and hope to achieve.

    And we must focus on the theme of this year’s meeting:  “Inclusive solutions, based in science and evidence,” and take heed of key findings of the Secretary-General’s Report on the SDGs.

    We need solutions that address persistent challenges, that can be adapted and applied across diverse contexts and that improve the lives of billions of people who are left behind:  the 800 million people living in extreme poverty; the 2.2 billion people without safe drinking water; the 2.3 billion suffering food insecurity; the 3.4 billion without safely managed sanitation; and the countless women, Indigenous Peoples, smallholder farmers and other marginalized groups unable to access formal health and protection systems.

    This forum will also welcome the tenth set of voluntary national reviews, or VNRs.  They present a temperature check of every country’s journey.

    Since 2016, a total of 190 countries have conducted close to 400 VNRs.

    This voluntary national exercise has been almost universally adopted:  a heartening sign of commitment to the 2030 Agenda and the SDGs and evidence that the SDGs are now deeply woven into national plans, policies and monitoring frameworks.

    These reviews are powerful road maps to achieve the SDGs and mobilize all stakeholders.  Across regions, we have seen civil society’s engagement deepen — driving progress nationally and locally.  VNRs have helped build knowledge and data and offered practical pathways to dismantle structural barriers that hold us back.  Over the past decade, they have inspired action through inclusive, scalable approaches, grounded in local realities.

    I look forward to the 37 VNR presentations at this forum, and I encourage other countries to engage and foster a meaningful exchange of experiences. It is up to all of us to build on our successes and make this forum count.

    We have come far.  And have even further to go.  But we have much further to go if we are to honour the promise of the SDGs.

    The pathway to 2030 is narrowing.  And the decisions we take now — where we invest, what we prioritize, and where we reform — will shape development trajectories for decades to come.

    With five years to go, the Secretary-General’s UN80 initiative marks a historic step to build on recent reforms and ensure that the United Nations remains a trusted, agile partner, ready to tackle today’s challenges and tomorrow’s uncertainties, and drive our collective push for the 2030 Agenda nationally, regionally and globally.

    MIL OSI United Nations News –

  • MIL-OSI Banking: New research: AI could make breast cancer screening more accurate and easier

    Source: Microsoft

    Headline: New research: AI could make breast cancer screening more accurate and easier

    At Microsoft’s AI for Good Lab, we’ve been working with partners at the University of Washington, the Fred Hutchinson Cancer Center, and other institutions to explore whether artificial intelligence can help bring greater clarity, accuracy, and trust to breast cancer screening. 

    This week, our joint research team released the results of a new study published in Radiology, detailing a promising AI approach that aims not just to detect cancer—but to do so in a way that radiologists can trust and patients can understand. 

    The challenges with current breast cancer screening 

    Breast cancer is the most common cancer among women worldwide. In the United States alone, one in eight women will be diagnosed with breast cancer in her lifetime. Early detection through screening is the most powerful tool available to save lives, with a 20% to 40% reduction in mortality for women aged 50-69—yet it remains an imperfect science. 

    Magnetic Resonance Imaging (MRI) is among the most sensitive screening tools available, especially for women at higher risk. But for all its sensitivity, MRI comes with serious trade-offs: high rates of false positives, significantly increased anxiety for patients, and unnecessary biopsies. The problem is especially acute for the nearly 50% of women who have dense breast tissue—a condition that not only increases the risk of breast cancer but also makes it harder to detect abnormalities through traditional imaging methods like mammograms. 

    Too often, these challenges translate into a troubling equation: more scans, more uncertainty, and more follow-up procedures that turn out to be unnecessary. In fact, only a small fraction—less than 5%—of women undergoing breast MRI screening are ultimately diagnosed with cancer. 

    A smarter model, built for the real world 

    The model—called FCDD (Fully Convolutional Data Description)—is based on anomaly detection rather than standard classification. That’s an important shift. Instead of trying to learn what every possible cancer looks like, the model learns what normal breast scans look like and flags anything that deviates.

    This approach is particularly effective in real-world screening settings where cancer is rare and abnormalities are highly varied. Across a dataset of over 9,700 breast MRI exams, the model was tested in both high- and low-prevalence scenarios—including realistic screening populations where just 1.85% of scans contained cancer.

    Here’s what we found:

    • Improved accuracy in low-prevalence populations: FCDD outperformed traditional AI models in identifying malignancies while dramatically reducing false positives. In screening-like settings, it achieved double the positive predictive value of standard models and cut false alarms by more than 25%.
    • Exceptional explainability: Unlike most AI models, FCDD doesn’t just give a “yes” or “no”—it generates heatmaps that visually highlight the suspected tumor location in the two-dimensional MRI projection. These explanation maps matched expert radiologist retrospective annotations with 92% accuracy (pixel-wise AUC), far exceeding other models.
    • Generalizability across institutions: Without retraining, the model maintained high performance on a publicly available external dataset and an independent internal dataset, suggesting strong potential for broader clinical adoption.

    Making AI impactful, not just impressive 

    This model is more than a technical achievement. It’s a step toward making AI useful in clinical workflows—providing triage support, reducing time spent on normal cases, and focusing radiologists’ attention where it matters most. By improving specificity at high sensitivity thresholds (95–97%), the model could help reduce unnecessary callbacks and biopsies, easing emotional and financial burdens for patients. 

    Importantly, the code and methodology have been made open to the research community. You can explore the project here: GitHub Repository, and the paper here.

    As with all AI in healthcare, the path to impact requires more than algorithms. It requires trust. Trust is built not only by performance metrics but also by transparency, interpretability, and a clear understanding of the clinical context in which these tools are deployed. 

    Where we go from here 

    We still have work ahead. The model will need to be tested prospectively in larger, diverse clinical populations. But the results are promising—and they mark an important shift in how we think about the role of AI in medicine. Rather than asking doctors to trust a black box, we’re building models that shine a light on what they see and why. 

    “We are very optimistic about the potential of this new AI model, not only for its increased accuracy over other models in identifying cancerous regions but its ability to do so using only minimal image data from each exam. Importantly, this AI tool can be applied to abbreviated contrast-enhanced breast MRI exams as well as full diagnostic protocols, which may also help in shortening both scan times and interpretation times,” said Savannah Partridge, Professor of Radiology at the University of Washington and senior author of the study. “We are excited to take the next steps to assess its utility for enhancing radiologist performance and clinical workflows.” 

    AI will not replace radiologists. But with the right design and oversight, it can give them sharper tools and clearer signals to increase confidence in evaluating difficult cases.  

    Breast cancer is a global challenge. With AI, we have a chance to detect it earlier, reduce unnecessary interventions, and ultimately save more lives. That is a future worth building toward—one pixel, one scan, and one breakthrough at a time. 

    Tags: AI, AI for Good

    MIL OSI Global Banks –

  • MIL-OSI Economics: New research: AI could make breast cancer screening more accurate and easier

    Source: Microsoft

    Headline: New research: AI could make breast cancer screening more accurate and easier

    At Microsoft’s AI for Good Lab, we’ve been working with partners at the University of Washington, the Fred Hutchinson Cancer Center, and other institutions to explore whether artificial intelligence can help bring greater clarity, accuracy, and trust to breast cancer screening. 

    This week, our joint research team released the results of a new study published in Radiology, detailing a promising AI approach that aims not just to detect cancer—but to do so in a way that radiologists can trust and patients can understand. 

    The challenges with current breast cancer screening 

    Breast cancer is the most common cancer among women worldwide. In the United States alone, one in eight women will be diagnosed with breast cancer in her lifetime. Early detection through screening is the most powerful tool available to save lives, with a 20% to 40% reduction in mortality for women aged 50-69—yet it remains an imperfect science. 

    Magnetic Resonance Imaging (MRI) is among the most sensitive screening tools available, especially for women at higher risk. But for all its sensitivity, MRI comes with serious trade-offs: high rates of false positives, significantly increased anxiety for patients, and unnecessary biopsies. The problem is especially acute for the nearly 50% of women who have dense breast tissue—a condition that not only increases the risk of breast cancer but also makes it harder to detect abnormalities through traditional imaging methods like mammograms. 

    Too often, these challenges translate into a troubling equation: more scans, more uncertainty, and more follow-up procedures that turn out to be unnecessary. In fact, only a small fraction—less than 5%—of women undergoing breast MRI screening are ultimately diagnosed with cancer. 

    A smarter model, built for the real world 

    The model—called FCDD (Fully Convolutional Data Description)—is based on anomaly detection rather than standard classification. That’s an important shift. Instead of trying to learn what every possible cancer looks like, the model learns what normal breast scans look like and flags anything that deviates.

    This approach is particularly effective in real-world screening settings where cancer is rare and abnormalities are highly varied. Across a dataset of over 9,700 breast MRI exams, the model was tested in both high- and low-prevalence scenarios—including realistic screening populations where just 1.85% of scans contained cancer.

    Here’s what we found:

    • Improved accuracy in low-prevalence populations: FCDD outperformed traditional AI models in identifying malignancies while dramatically reducing false positives. In screening-like settings, it achieved double the positive predictive value of standard models and cut false alarms by more than 25%.
    • Exceptional explainability: Unlike most AI models, FCDD doesn’t just give a “yes” or “no”—it generates heatmaps that visually highlight the suspected tumor location in the two-dimensional MRI projection. These explanation maps matched expert radiologist retrospective annotations with 92% accuracy (pixel-wise AUC), far exceeding other models.
    • Generalizability across institutions: Without retraining, the model maintained high performance on a publicly available external dataset and an independent internal dataset, suggesting strong potential for broader clinical adoption.

    Making AI impactful, not just impressive 

    This model is more than a technical achievement. It’s a step toward making AI useful in clinical workflows—providing triage support, reducing time spent on normal cases, and focusing radiologists’ attention where it matters most. By improving specificity at high sensitivity thresholds (95–97%), the model could help reduce unnecessary callbacks and biopsies, easing emotional and financial burdens for patients. 

    Importantly, the code and methodology have been made open to the research community. You can explore the project here: GitHub Repository, and the paper here.

    As with all AI in healthcare, the path to impact requires more than algorithms. It requires trust. Trust is built not only by performance metrics but also by transparency, interpretability, and a clear understanding of the clinical context in which these tools are deployed. 

    Where we go from here 

    We still have work ahead. The model will need to be tested prospectively in larger, diverse clinical populations. But the results are promising—and they mark an important shift in how we think about the role of AI in medicine. Rather than asking doctors to trust a black box, we’re building models that shine a light on what they see and why. 

    “We are very optimistic about the potential of this new AI model, not only for its increased accuracy over other models in identifying cancerous regions but its ability to do so using only minimal image data from each exam. Importantly, this AI tool can be applied to abbreviated contrast-enhanced breast MRI exams as well as full diagnostic protocols, which may also help in shortening both scan times and interpretation times,” said Savannah Partridge, Professor of Radiology at the University of Washington and senior author of the study. “We are excited to take the next steps to assess its utility for enhancing radiologist performance and clinical workflows.” 

    AI will not replace radiologists. But with the right design and oversight, it can give them sharper tools and clearer signals to increase confidence in evaluating difficult cases.  

    Breast cancer is a global challenge. With AI, we have a chance to detect it earlier, reduce unnecessary interventions, and ultimately save more lives. That is a future worth building toward—one pixel, one scan, and one breakthrough at a time. 

    Tags: AI, AI for Good

    MIL OSI Economics –

  • MIL-OSI Africa: President El-Sisi Meets the Prime Minister, Minister of Supply, Minister of Agriculture

    Source: APO – Report:

    .

    Today, President Abdel Fattah El-Sisi held a meeting with Prime Minister Dr. Mostafa Madbouly, Minister of Supply and Internal Trade Dr. Sherif Farouk, Minister of Agriculture and Land Reclamation Alaa El-Din Farouk, and Executive Director of the “Future of Egypt for Sustainable Development” Authority, Colonel Dr. Bahaa El-Ghanam.

    Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said that during the meeting the availability of strategic reserves of essential commodities, particularly wheat, sugar, oil, meat, and poultry was confirmed. It was stressed that Egypt’s food security is in a stable and reassuring state. The meeting reviewed details pertaining to contracts for the purchase of strategic commodities. These included contracts for the acquisition of 3.4 million tons of wheat, 192,000 tons of crude oil, 4,000 tons of frozen poultry, and 6,000 tons of frozen meat. Furthermore, it was noted that the State seeks to diversify its sources for wheat imports to ensure the availability of adequate quantities and avoid potential crises.

    President El-Sisi stressed the importance of full coordination among all state bodies concerned with food security, so as to ensure harmony among these institutions, facilitate their effective implementation and confirm alignment with state policies. The meeting highlighted the importance of cooperation among the relevant state authorities and “The Future of Egypt” Authority to designate the areas within the New Delta to be cultivated with strategic crops, thereby maximizing planted acreage and increasing the self-sufficiency rate.

    The meeting also discussed efforts underway to ensure the efficient operation of bakeries, mills, and markets and reviewed progress on the “One-Day Market” initiative. The first phase of the initiative was launched in November 2024 with 200 markets, and the second phase began in May 2025 with more than 200 additional markets.

    The discussion tackled efforts to establish partnerships with the private sector, attract foreign investments in the retail sector, and establish commercial chains in Obour City, Nasr City, and Qalyub. The meeting also reviewed the Ministry of Supply and Internal Trade’s efforts and preparations to launch a government commercial chain under the name “Carry On”, marking the first unified brand in partnership with the private sector. Furthermore, the meeting reviewed efforts exerted to develop internal trade and to refine the databases of government subsidy beneficiaries, ensuring that support reaches those who meet the relevant criteria and conditions.

    Additionally, the meeting included detailed discussions on food security, the operational status of the Commodity Exchange, and the government’s efforts to activate it as a safeguard for markets and an effective price-regulation mechanism. This initiative is expected to boost food security and ensure the sustainable availability of essential goods at reasonable prices, balancing the interests of producers and consumers, while supporting the agricultural and industrial sectors.

    It was noted that exporters and importers have begun registering in the Commodity Exchange, which is set to become the unified platform for importing and exporting goods. A draft law is currently being prepared to regulate the exchange, drawing on legislation from other countries with similar systems.

    The meeting also reviewed the state’s policies for growing and supplying strategic crops, efforts toward digital transformation and technological integration in agriculture, and strategies to reduce agricultural expenditures. The status of the fertilizer sector, particularly nitrates and urea was discussed, with a strong emphasis on implementing gradual and balanced reforms to protect farmers and ensure food security. Finally, the meeting focused on initiatives to improve agricultural land, adopt mechanization, and enhance the productivity of red meat and dairy sectors. President El-Sisi stressed the importance of improving local livestock breeds to increase their yield in both meat and milk production.

    – on behalf of Presidency of the Arab Republic of Egypt.

    MIL OSI Africa –

  • India’s total exports rise by nearly 6% in April-June 2025; electronic goods lead growth

    Source: Government of India

    Source: Government of India (4)

    India’s overall exports, comprising merchandise and services, rose to an estimated USD 210.31 billion during April-June 2025, registering a growth of 5.94 per cent compared to USD 198.52 billion during the same period last year, according to official estimates released today.

    The cumulative value of merchandise exports stood at USD 112.17 billion, marking a growth of 1.92 per cent over USD 110.06 billion recorded during April-June 2024. Notably, non-petroleum exports grew by nearly 6 per cent to reach USD 94.77 billion during the same period.

    Key drivers of growth include robust performances by sectors such as Electronic Goods, Drugs and Pharmaceuticals, Engineering Goods, Marine Products and Meat, Dairy and Poultry Products.

    Electronic Goods emerged as a standout performer, with exports jumping by 46.93 per cent to USD 4.15 billion in June 2025, up from USD 2.82 billion in June 2024. Exports of Drugs and Pharmaceuticals rose by 5.95 per cent to USD 2.62 billion, while Engineering Goods exports recorded a modest growth of 1.35 per cent to USD 9.50 billion.

    Exports of Marine Products rose by 13.33 per cent, while Meat, Dairy and Poultry Products witnessed a rise of 19.7 per cent.

    Merchandise and Services Trade

    During June 2025, India’s overall exports were estimated at USD 67.98 billion, reflecting a 6.5 per cent increase compared to June 2024. Total imports stood at USD 71.50 billion, registering a marginal rise of 0.50 per cent.

    Merchandise exports during June 2025 remained stable at USD 35.14 billion compared to USD 35.16 billion in June last year, while imports fell slightly to USD 53.92 billion from USD 56 billion a year ago.

    In the services sector, exports for June 2025 were estimated at USD 32.84 billion, up from USD 28.67 billion in June 2024, while imports rose to USD 17.58 billion from USD 15.14 billion.

    Trade Deficit Narrows

    India’s overall trade deficit narrowed to USD 3.51 billion in June 2025, compared to USD 7.30 billion in the same month last year. The merchandise trade deficit for April-June 2025 widened to USD 67.26 billion as against USD 62.10 billion a year ago, but the services trade surplus increased to USD 46.95 billion from USD 39.68 billion during April-June 2024.

    Non-Petroleum and Non-Gems & Jewellery Trade

    Exports excluding petroleum and gems & jewellery rose to USD 28.74 billion in June 2025 from USD 27.43 billion in June 2024. Imports in the same category remained stable at USD 36.57 billion compared to USD 36.55 billion a year ago.

    For the April-June quarter, non-petroleum and non-gems & jewellery exports stood at USD 88.10 billion, marking an increase from USD 82.16 billion in the same period last year.

    Key Commodities and Destinations

    Among commodities, Electronic Goods, Tea, Jute Manufacturing including Floor Coverings, Other Cereals, Cereal Preparations, Fruits & Vegetables, Plastics, Carpet, Chemicals, Textiles and Rice posted positive growth during June 2025.

    On the other hand, imports of Pulses, Newsprint, Gold, Transport Equipment, Coal, Pearls and Precious Stones, Project Goods and Iron & Steel recorded a decline during the month.

    The United States, China, Kenya, France and Brazil emerged as the top five export destinations showing positive growth in June 2025 compared to June 2024. Ireland, Hong Kong, Singapore, Thailand and China were among the top sources registering growth in imports during the month.

    For the quarter, the United States, China, Kenya, Germany and Australia led growth in export destinations, while China, UAE, Ireland, the United States and Hong Kong were the top sources for imports.

    Services Exports Surge

    Services exports grew by 10.93 per cent during April-June 2025, reaching USD 98.13 billion compared to USD 88.46 billion a year earlier. Services imports also rose to USD 51.18 billion from USD 48.78 billion.

  • MIL-OSI Canada: Saskatchewan’s Ag in Motion Goes Global

    Source: Government of Canada regional news

    Released on July 15, 2025

    Western Canada’s largest outdoor farm expo demonstrates how Saskatchewan provides food security for the world. 

    Today, Saskatchewan welcomes visitors from across Canada and around the world to learn about the latest advancements in agriculture technology and equipment at Ag in Motion which runs from July 15 to 17. 

    “Saskatchewan has much to offer the world and we are pleased to tell our story to so many prospective partners at this year’s event,” Trade and Export Development Minister Warren Kaeding said. “Ag in Motion invites industry leaders, experts and stakeholders from across Canada and beyond, and we anticipate this event continuing to grow and attract larger crowds each year. This is the perfect place to show people the talent, innovation and expertise found in our province.”

    The province is welcoming delegations from 16 countries, including Australia, Armenia, India, Ireland, Mongolia, Netherlands, Poland, United States and United Arab Emirates to this year’s event. 

    “Ag in Motion brings farmers and industry experts together to share, connect and collaborate for a better future,” Agriculture Minister Daryl Harrison said. “We are proud of the agriculture industry in our province and their ability to supply the rest of the world with sustainably-produced, high quality products. What is learned at Ag in Motion this year will undoubtedly shape the farms of tomorrow.”

    Founded in 2015, Ag in Motion takes place every July in Langham, Saskatchewan. It is anticipated that more than 30,000 attendees and 550 exhibitors from around the world will be in attendance. 

    “Agriculture represents the largest portion of the Saskatchewan economy. Ag in Motion is a tradeshow and demonstration event that features world-leading technology to improve the industry and its dryland farming practices,” Ag in Motion Show Director Rob O’Connor said. “This region of North America is a hotbed for innovation, farmers, companies and delegates from around the world to gather at Ag in Motion for three days to discover what is new, share information and see prototypes and concepts coming down the pipeline.”

    The Government of Saskatchewan remains focused on strengthening international relationships to diversify markets and increase exports. This is supported through the province’s investment attraction efforts and the network of nine international offices that offer personalized support to link businesses with opportunities to invest in the province.

    In 2007, the value of Saskatchewan exports was $19.8 billion, which has since climbed to nearly $50 billion on average over the past three years. Of this, the province exported $18.5 billion worth of Saskatchewan food products and reached 137 countries in 2024 alone. These exports are vital to providing food security the world needs. 

    To learn more, visit InvestSK.ca. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: CBSA investigation leads to multiple firearm and drug possession charges in Southern Ontario

    Source: Government of Canada News

    July 15, 2025        London, Ontario Canada Border Services Agency

    An investigation by the Canada Border Services Agency’s (CBSA) Ontario Firearms Smuggling Enforcement Team (OFSET) has led to two arrests and the seizure of privately manufactured handguns, firearms parts, a 3D printer and narcotics, including carfentanil, a synthetic opioid one hundred times more potent than fentanyl. OFSET is comprised of criminal investigators, intelligence analysts and intelligence officers, dedicated solely to investigating firearms smuggling throughout Ontario. 

    In October 2024, border services officers at the international mail and cargo processing facility in Mississauga, Ontario, intercepted a silencer being imported from China. Another parcel containing a 50-round drum magazine coming from the United States was also seized. Both packages were destined for the same address. As a result, CBSA’s OFSET initiated an investigation into the importation of firearms parts into Canada. 

    On May 29, 2025, following an extensive investigation, members of OFSET, with the assistance of the London Police Service’s Emergency Response Unit, executed a search warrant at an address in London, Ontario. 

    Several items were seized, including:

    • privately manufactured firearms;
    • firearm parts;
    • a 3D printer;
    • 35 g cocaine;
    • 24.5 g carfentanil; and
    • oxycodone and boric acid.

    Benito Schiavone, 33, and Modesto Dino Schiavone, 57, both residents of London, Ontario, have been charged with multiple firearm and drug possession charges under the Customs Act, the Criminal Code and the Controlled Drugs and Substances Act. Together they face:

    • 4 counts of smuggling a Prohibited Device contrary to Section 159(1) of the Customs Act;
    • 4 counts of unauthorized Importation of a Prohibited Device contrary to Section 104(1)(a) of the Criminal Code;
    • 2 counts of manufacturing a Prohibited Firearm contrary to Section 99(1) of the Criminal Code; 
    • 8 counts of unauthorized Possession of a Prohibited Firearm Knowing it is Unauthorized contrary to Section 92(1) of the Criminal Code; 
    • 2 counts careless Storage of Firearms contrary to Section 86(1) of the Criminal Code; and, 
    • 2 counts of possession of a Schedule I Controlled Substance contrary to Section 4(1) of the Controlled Drugs and Substances Act.

    Modesto Dino Schiavone and Benito Schiavone are scheduled to appear in court later this month. The charges are subject to validation by the court.

    MIL OSI Canada News –

  • MIL-OSI Africa: United Nations (UN) calls on to stress more control over grain traders

    Source: APO

    The trend towards monopolization of grain trade that exists in the global market today requires the BRICS countries to cooperate in the field of antitrust policy and antitrust legislation. Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre at the Higher School of Economics (www.BRICSCompetition.org), said at the 9th UN Conference on Competition and Consumer Protection in Geneva. 

    “Global companies from the food sector should receive the closest attention from antitrust authorities. We emphasize the importance of ensuring food security and nutrition and mitigating the impacts of acute food price volatility, as well as as abrupt supply crises, including fertilizers shortages. The authority of grain traders is highly similar to that of the organizers of digital ecosystems, the digital giants that have already come under scrutiny by antitrust authorities around the world. Under exceptional circumstances of supply shortages or acute food price spikes affecting a BRICS member, we recognize that cooperation initiatives can facilitate emergency responses and natural disaster management, guided by national priorities and consistent with the World Trade Organization rules. None of these measures should lead to unfair trade practices or violations of international trade norms, as their sole purpose is to support food security and nutrition, including through international solidarity.”, – Ivanov emphasized. 

    “A very telling event has recently taken place – the merger of two major grain traders, Bunge and Viterra. This merger was approved just last week by 31 competition authorities around the world. At the same time, no measures were proposed to limit the influence of these companies on the global value chain – the power that has a huge influence on the global market and the organization of grain trade,” Ivanov said. 

    He noted that regulators in Brazil and China have already raised concerns, such as the issue of price shifting from global to national markets, but no commitments have been established to address these concerns. 

    Anastasia Nesvetailova, Head, Macroeconomic and Development Policies Branch, UNCTAD, emphasized the growing influence of financialization on global food markets. Of particular concern, she noted, is the dominance of the so-called ABCD group — ADM, Bunge, Cargill, and Louis Dreyfus — which effectively controls global agricultural trading. Three of these companies do not disclose sufficient information, rendering the sector highly opaque and poorly regulated. 

    According to Nesvetailova, 70% of transactions on U.S. and European commodity markets today are speculative in nature and disconnected from the real economy. The financial power of commodity traders is increasing, as they evolve into non-bank financial institutions with systemic influence not only on commodity markets but also on global financial stability. Meanwhile, oversight of their operations remains fragmented and ineffective. 

    “The last time such practices had a systemically destructive impact was in 2007, when an expanding web of debt-driven financial obligations operated largely outside regulatory oversight, ultimately leading to the collapse of the banking system in the U.S. and beyond. A similar scenario could unfold again — this time in the commodity trading sector,” warned Nesvetailova. 

    Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI Africa: United Nations (UN) calls on to stress more control over grain traders

    Source: APO

    The trend towards monopolization of grain trade that exists in the global market today requires the BRICS countries to cooperate in the field of antitrust policy and antitrust legislation. Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre at the Higher School of Economics (www.BRICSCompetition.org), said at the 9th UN Conference on Competition and Consumer Protection in Geneva. 

    “Global companies from the food sector should receive the closest attention from antitrust authorities. We emphasize the importance of ensuring food security and nutrition and mitigating the impacts of acute food price volatility, as well as as abrupt supply crises, including fertilizers shortages. The authority of grain traders is highly similar to that of the organizers of digital ecosystems, the digital giants that have already come under scrutiny by antitrust authorities around the world. Under exceptional circumstances of supply shortages or acute food price spikes affecting a BRICS member, we recognize that cooperation initiatives can facilitate emergency responses and natural disaster management, guided by national priorities and consistent with the World Trade Organization rules. None of these measures should lead to unfair trade practices or violations of international trade norms, as their sole purpose is to support food security and nutrition, including through international solidarity.”, – Ivanov emphasized. 

    “A very telling event has recently taken place – the merger of two major grain traders, Bunge and Viterra. This merger was approved just last week by 31 competition authorities around the world. At the same time, no measures were proposed to limit the influence of these companies on the global value chain – the power that has a huge influence on the global market and the organization of grain trade,” Ivanov said. 

    He noted that regulators in Brazil and China have already raised concerns, such as the issue of price shifting from global to national markets, but no commitments have been established to address these concerns. 

    Anastasia Nesvetailova, Head, Macroeconomic and Development Policies Branch, UNCTAD, emphasized the growing influence of financialization on global food markets. Of particular concern, she noted, is the dominance of the so-called ABCD group — ADM, Bunge, Cargill, and Louis Dreyfus — which effectively controls global agricultural trading. Three of these companies do not disclose sufficient information, rendering the sector highly opaque and poorly regulated. 

    According to Nesvetailova, 70% of transactions on U.S. and European commodity markets today are speculative in nature and disconnected from the real economy. The financial power of commodity traders is increasing, as they evolve into non-bank financial institutions with systemic influence not only on commodity markets but also on global financial stability. Meanwhile, oversight of their operations remains fragmented and ineffective. 

    “The last time such practices had a systemically destructive impact was in 2007, when an expanding web of debt-driven financial obligations operated largely outside regulatory oversight, ultimately leading to the collapse of the banking system in the U.S. and beyond. A similar scenario could unfold again — this time in the commodity trading sector,” warned Nesvetailova. 

    Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI: AI Prop Announces Sponsorship of Forex Expo Dubai 2025

    Source: GlobeNewswire (MIL-OSI)

    Dubai, UAE, July 15, 2025 (GLOBE NEWSWIRE) — AI Prop, a global leader in AI-driven proprietary trading solutions, announces its official sponsorship of Forex Expo Dubai 2025, taking place October 6–7 at the Dubai World Trade Centre. Recognized as one of the most prominent gatherings in the forex and financial trading sector, the event draws thousands of traders, brokers, and financial professionals from around the world. As an official sponsor, AI Prop will highlight its trader funding program and AI-enhanced trading tools designed to support performance-driven trading without personal capital risk.

    Forex Expo Dubai is one of the world’s premier events for forex and financial trading professionals, attracting tens of thousands of traders, investors, brokers, and industry experts globally. As the official sponsor, AI Prop will present its unique funding program and state-of-the-art AI trading systems designed to empower traders to achieve exceptional results.

    At booth 198, attendees will have the exclusive opportunity to:

    • Explore AI Prop’s unique funding program that offers traders capital up to 5 million USD, the highest funding level in the prop trading industry today. This flexible capital allocation enables traders to scale their trading strategies without risking personal funds.
    • Learn about AI Prop’s cutting-edge AI system that significantly boosts trader profits while limiting losses. For example, many traders using AI Prop’s AI Coach and AI Trading Bots have reported profit increases of over 40% and drawdown reductions by up to 25%, demonstrating the tangible impact of AI-driven trading support.
    • Meet AI Prop’s top traders in person, including those who have successfully passed the firm’s rigorous evaluation program in as little as 15 days and are now trading live with funded accounts. These traders will share their experiences and insights on how AI Prop’s technology and funding model accelerate their trading careers.

    AI Prop’s sponsorship underscores its commitment to revolutionizing the prop trading landscape by combining transparent blockchain-based payouts, flexible capital funding, and intelligent AI coaching. Backed by Coinstrat Pro, a leading multi-asset hybrid broker, AI Prop offers access to diverse markets including forex, cryptocurrencies, commodities, stocks, and indices.

    “We are thrilled to be the official sponsor of Forex Expo Dubai 2025,” said AI Prop Official. “This event is a perfect platform to showcase how our AI-powered funding solutions are transforming traders’ lives worldwide. We invite all attendees to visit booth 198 to experience firsthand the future of prop trading.”

    ABOUT AI PROP

    AI Prop is the world’s top Prop Trading Firm integrating Artificial Intelligence (AI) and blockchain technology to provide capital funding up to $5 million USD and advanced trading tools to traders globally. With a vision to become the most innovative prop firm, AI Prop empowers traders across multiple asset classes through AI coaching and transparent payout systems.

    The MIL Network –

  • MIL-OSI: AI Prop Announces Sponsorship of Forex Expo Dubai 2025

    Source: GlobeNewswire (MIL-OSI)

    Dubai, UAE, July 15, 2025 (GLOBE NEWSWIRE) — AI Prop, a global leader in AI-driven proprietary trading solutions, announces its official sponsorship of Forex Expo Dubai 2025, taking place October 6–7 at the Dubai World Trade Centre. Recognized as one of the most prominent gatherings in the forex and financial trading sector, the event draws thousands of traders, brokers, and financial professionals from around the world. As an official sponsor, AI Prop will highlight its trader funding program and AI-enhanced trading tools designed to support performance-driven trading without personal capital risk.

    Forex Expo Dubai is one of the world’s premier events for forex and financial trading professionals, attracting tens of thousands of traders, investors, brokers, and industry experts globally. As the official sponsor, AI Prop will present its unique funding program and state-of-the-art AI trading systems designed to empower traders to achieve exceptional results.

    At booth 198, attendees will have the exclusive opportunity to:

    • Explore AI Prop’s unique funding program that offers traders capital up to 5 million USD, the highest funding level in the prop trading industry today. This flexible capital allocation enables traders to scale their trading strategies without risking personal funds.
    • Learn about AI Prop’s cutting-edge AI system that significantly boosts trader profits while limiting losses. For example, many traders using AI Prop’s AI Coach and AI Trading Bots have reported profit increases of over 40% and drawdown reductions by up to 25%, demonstrating the tangible impact of AI-driven trading support.
    • Meet AI Prop’s top traders in person, including those who have successfully passed the firm’s rigorous evaluation program in as little as 15 days and are now trading live with funded accounts. These traders will share their experiences and insights on how AI Prop’s technology and funding model accelerate their trading careers.

    AI Prop’s sponsorship underscores its commitment to revolutionizing the prop trading landscape by combining transparent blockchain-based payouts, flexible capital funding, and intelligent AI coaching. Backed by Coinstrat Pro, a leading multi-asset hybrid broker, AI Prop offers access to diverse markets including forex, cryptocurrencies, commodities, stocks, and indices.

    “We are thrilled to be the official sponsor of Forex Expo Dubai 2025,” said AI Prop Official. “This event is a perfect platform to showcase how our AI-powered funding solutions are transforming traders’ lives worldwide. We invite all attendees to visit booth 198 to experience firsthand the future of prop trading.”

    ABOUT AI PROP

    AI Prop is the world’s top Prop Trading Firm integrating Artificial Intelligence (AI) and blockchain technology to provide capital funding up to $5 million USD and advanced trading tools to traders globally. With a vision to become the most innovative prop firm, AI Prop empowers traders across multiple asset classes through AI coaching and transparent payout systems.

    The MIL Network –

  • MIL-OSI USA: Baldwin, Ernst Introduce Bipartisan Bill to Expand Access to Mental Health Care for Farmers, Rural Communities

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – Today, U.S. Senators Tammy Baldwin (D-WI) and Joni Ernst (R-IA) introduced the Farmers First Act of 2025, bipartisan legislation to address the mental health epidemic in rural America and expand access to critical mental health care for our nation’s agricultural communities. The legislation would increase support for the Farm and Ranch Stress Assistance Network (FRSAN), which Senators Baldwin and Senator Ernst successfully included in the 2018 Farm Bill.
    “Wisconsin’s farmers and ranchers work hard every day to keep their businesses running and our Made in Wisconsin agricultural economy moving forward. But too often, the stress, isolation, and physical demands of this job leave them with nowhere to turn when it all gets to be too much,” said Senator Baldwin. “I’m working to make sure our farmers and rural communities have the resources they need because no one should have to fight these battles alone.”
    “Iowa farmers work tirelessly from sunrise to sundown – rain or shine – to feed and fuel the world. Their work isn’t easy, and mental health issues, including suicide, are too common in our agriculture community, which is why I’m working to ensure farmers have better access to mental health resources,” said Senator Ernst.
    The Farmers First Act would reauthorize the FRSAN, a program that connects farmers, ranchers, and other agriculture workers to stress assistance programs and resources. Through FRSAN, state departments of agriculture, state extension services, and non-profits receive funding to establish helplines, provide suicide prevention training for farm advocates, and create support groups for farmers and farm workers. The Farmers First Act would increase funding for the program, authorizing $15 million per year for the program for the next five years, up from $10 million and allowing grantees to hire additional staff to support farmers, including behavioral health specialists to provide counseling to agricultural workers, and bolstering grantees’ efforts to address the unique needs of different farming populations, including Veteran farmers and farmers of color.
    The Senators are introducing the bill as suicide, mental health challenges, and stress are on the rise in agricultural and rural communities. Farmers are 3.5 times more likely to die by suicide than the general population, according to the National Rural Health Association. Four regional centers established through FRSAN are currently increasing access to farm stress services, including expanding access to hotlines, training Americans in rural areas to recognize the signs of depression, anxiety, or suicidal ideation, and creating support groups for farmworkers.
    In addition to Senators Baldwin and Ernst, the Farmers First Act of 2025 is co-sponsored in the Senate by Senators John Boozman (R-AR), Tina Smith (D-MN), and Susan Collins (R-ME). The bill was also introduced in the U.S. House by Representatives Randy Feenstra (R-IA-04) and Angie Craig (D-MN-02).
    The Farmers First Act is endorsed by National Farmers Union, National Rural Health Association, National Milk Producers Federation, Agriculture Retailers Association, The National Council, FarmFirst Dairy Cooperative, Organic Trade Association, American Psychological Association Services, NCBA CLUSA, Farm Credit Council, National Association of State Departments of Agriculture, Organic Farmers Association, National Pork Producers Council, American Soybean Association, Midwest Dairy Coalition, Farm Aid, National Association of Wheat Growers, National Corn Growers Association, Northeast Organic Dairy Producers Alliance, Sustainable Food Policy Alliance, National Sustainable Agriculture Coalition, National Organic Coalition, Farmer Veteran Coalition, and American Farm Bureau Federation.
    “From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President, Public Policy, American Farm Bureau Federation.
    “Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said National Farmers Union President Rob Larew. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Senators Baldwin and Ernst and Representatives Feenstra and Craig for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”
    “FarmFirst Dairy Cooperative is extremely appreciative of the work of Senator Tammy Baldwin, as well as others, in addressing the mounting mental health and wellness challenges facing our nations farmers. There are so many variables out of the control of the farmers that work hard to supply multiple facets to consumers. Volatility of markets, weather, regulations, and numerous other things out of their control and then add the lack of rural resources, makes this very important part of our world feeling vulnerable and alone. The Farmers First Act would make the access to resources easier and more financially viable for our nations farmers,” said the FarmFirst Dairy Cooperative.
    “The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, CEO, Farmer Veteran Coalition.
    “Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.
    “Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition.
    “Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”
    “Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said NASDA CEO, Ted McKinney.
    “Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council president and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”
    “Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr, National Corn Growers Association President. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciating for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”
    “The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers,” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers.”
    A one-pager on this legislation can be found here. Full text of the bill is available here.

    MIL OSI USA News –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI United Kingdom: Mayor heads historic trade mission to Africa to drive trade, investment and cultural links

    Source: Mayor of London

    • Sadiq is first Mayor of London to lead trade mission to Africa
    • Mayor will visit Nigeria, Ghana and South Africa to boost trade and growth and further develop cultural links
    • Mayor to visit four cities in five days – Lagos, Accra, Johannesburg and Cape Town  
    • Trade between UK and Africa worth £50bn
    • The Mayor says that over the next decade there are ‘huge opportunities’ to deepen partnerships between London and African nations.

    Sadiq Khan will this week become the first Mayor of London to lead a trade mission to Africa, banging the drum for the capital as a place to invest and strengthening ties with countries across the continent.

    Sadiq will visit Lagos in Nigeria, Accra in Ghana, and Johannesburg and Cape Town in South Africa – four cities in five days – to boost trade links with London and build on extensive connections between the region and the capital’s growing African diaspora.

    Alongside the visit, the Mayor’s growth agency London & Partners will host a trade delegation of 27 London-based companies that are looking to grow their business and access opportunities in this dynamic and important region of the world.  

    The bilateral trade relationship between Africa and London has shown consistent growth over recent years, despite global challenges. More businesses from London expand into Africa than from any other city globally and the UK stands as one of Africa’s significant trading partners. With trade between the UK and Africa worth £50bn in 2024* and UK exports up six per cent year on year, the Mayor is hoping that his visit will contribute to future economic growth both in London and the cities he visits.

    The visit also helps to celebrate London’s cultural links and history with the African continent. Londoners of African heritage have played, and continue to play, a huge part of life in the capital, from food and music, to art and culture and sport. Nigeria is the eighth most common country of birth for Londoners, with the country among the top 10 fastest growing populations in London, and Ghana in the top 30 fastest growing between 2001 and 2021. Last month London hosted the football Unity Cup, which saw Ghana and Nigeria go head-to-head in a semi-final at Brentford’s stadium. 

    New analysis from Dealroom has ranked Lagos as the world’s top emerging tech hub.** In Lagos, the Mayor will attend a flagship tech event hosted by London and Partners, the growth agency for London, where he will encourage Nigerian tech businesses to invest in London.

     Just last week, Guaranty Trust Holding Company Plc (GTCO) became the first Nigerian banking entity to list all of its shares directly on the London Stock Exchange, highlighting the close economic ties that already exist between London and the African continent.

    Africa’s Creative Vibrancy Index ranks Lagos as the top city for creative economy performance and the Mayor will also host a major culture and creative industries reception to celebrate the status of Lagos and London as cultural and creative industry powerhouses. This will also look to encourage even greater ties between the creative industry ecosystems in both cities – from the arts to music and film.

    Trade between the UK and Ghana stood at around £1.4 billion in 2024. In Accra, the Mayor will deliver a speech on innovation and entrepreneurship to students at the University of Ghana, hosted by Imperial College London. Imperial is the first UK university to have a permanent base solely focused on science and technology in Africa, building on the rapid increase in the number of scientific advancements and breakthroughs by researchers from Imperial working with scientists in Ghana in recent years. He will also launch the British High Commission’s new business campaign that will promote trade between the two cities.

    In Johannesburg, the Mayor will commemorate Mandela Day – an annual international day in honour of Nelson Mandela, celebrated each year on 18 July, Mandela’s birthday. Nelson Mandela made a number of visits to London during his lifetime, including a state visit in 1996 by invitation of Queen Elizabeth II, and speaking in Trafalgar Square in 2005 in support of the Make Poverty History Campaign. His impact on South Africa, the UK and the wider world is celebrated by a statue in Parliament Square, and last year the Mayor provided funding to support the first cultural centre and museum dedicated to the history of the Anti-Apartheid Movement in Britain.

    Finally, the Mayor will visit Cape Town where he will join London businesses from his trade delegation who are seeking new opportunities in Africa. He will attend London & Partners’ London x Cape Town Tech Summit, which will bring together London and South Africa’s dynamic tech sectors, developing opportunities for collaboration between the two cities in driving innovation, attracting investment and scaling transformative technologies. He will also take part in events marking the huge role sport can play in supporting communities, both in London and in Africa.

    The Mayor of London, Sadiq Khan, said: “I am delighted to be visiting Africa this week – the first visit of its kind by a Mayor of London – to bang the drum for the capital and further develop the strong ties between our countries.

    “Africa has the world’s fastest growing populations, and is seeing major economic growth across many of its economies. Over the next decade there are huge opportunities to deepen partnerships with London. I will be working tirelessly throughout this visit to drive trade and investment across critical sectors including finance, education, health, tech creative and sustainability.

    “Londoners of African heritage have played, and continue to play, a huge role in making London the greatest city in the world, and this trip is an opportunity to celebrate our shared heritage, history and culture with the African continent – as we build a better and fairer city for everyone.”  

    Laura Citron, CEO of London & Partners, said: “London is one of the best places in the world to build a business. But it doesn’t thrive in isolation. Its strength comes from global connections. Markets like Nigeria, South Africa and Kenya offer real opportunities for growth. These trade missions focus on building strong partnerships between London and some of the most important emerging business hubs in the region. London is home to important African diaspora communities, which are a great strength in our diverse city.”

    Lord Collins of Highbury, UK Minister for Africa said: “Sir Sadiq’s visit marks an exciting moment for the UK’s relationship with countries across Africa, and is a strong demonstration of our commitment to deepening our ties with the continent. 

     

    “Strengthening our trade, investment, and cultural ties is not only vital for shared economic growth, but also for fostering long-term partnerships that are rooted in respect and open up opportunities for all.”

    Dr Lloyd Anderson, the Acting Regional Director for Sub Saharan at the British Council, said: “On behalf of the British Council in Sub Saharan Africa, I am delighted to welcome Mayor Sadiq Khan on his historic trade mission to this vibrant continent. The visit will not only strengthen the bonds between London and Africa, but showcase the immense potential for trade, investment and cultural programmes.

    “Given Africa’s dynamic economies and diverse cultures, there are precedented opportunities for collaborations that celebrate our shared heritage and drive innovation across sectors such as creative industries and education. I look forward to witnessing the fruitful partnerships that will emerge from this mission, enhancing not only economic ties but also the cultural connections that enrich both London and Africa.”

    Jonny Baxter, British Deputy High Commissioner in Lagos, said: “The Mayor of London’s visit underscores the UK Government’s commitment to strengthening economic and cultural ties with Nigeria. From trade to fintech and fashion, our collaboration is driving innovation and growth.

    “Through the UK-Nigeria Enhanced Trade and Investment Partnership, we’re committed to unlocking new opportunities that benefit both our economies, and this visit is a powerful step forward in that journey of inclusive growth.”

    Antony Phillipson, British High Commissioner to South Africa, said: “The Mayor of London’s visit marks a significant moment in deepening the economic ties between South Africa and London, with a focus on trade, innovation, and cultural links. His engagements in Cape Town show the tangible benefits of collaboration to drive inclusive, sustainable growth for both our economies.”

    Orla Browne, Head of Insights at Dealroom, said: “Lagos is the world’s top emerging tech hub in our 2025 ‘Rising Stars’ ranking — and for good reason. Its tech ecosystem has grown 11-fold in enterprise value since 2017 to $15B, produced five unicorns like Flutterwave and OPay, and attracted significant foreign investment. In the context of a low-income national economy, Lagos shows how tech can be a powerful driver of economic growth.”

    Tom Attenborough, Head of International Primary Markets, London Stock Exchange Group, said; “The London Stock Exchange has been a consistent funding partner – both to Governments and to the wider African economy – with more than 90% of the bonds issued by African Sovereigns currently listed on our markets and more than 100 companies from 20 African countries with a market capitalisation of $110bn listed here. London’s capital markets continue to play actively in directing financing to opportunities that support economic development across Africa.”

    Olu Alake, CEO of The Africa Centre, London UK, said: “The Africa Centre warmly welcomes The Mayor of London’s trade mission to Nigeria, Ghana and South Africa as part of his office’s focus on Africa. For over 60 years, we have had the pleasure of fostering meaningful engagements and innovative partnerships between the United Kingdom and the African continent. Mayor Khan’s visit represents a timely and strategic opportunity to deepen economic, cultural and innovation ties with the continent in a spirit of genuine partnership. We stand ready to support all efforts that will advance inclusive growth and mutual prosperity.”

    London-based businesses in Africa as part of London & Partners trade delegation include fintech company Abound who specialise in AI-powered lending.

    Michelle He, Co-Founder and COO of Abound said: “We’re excited to take part in this historic trade mission to Africa. We’ve already partnered with one African unicorn, LemFi, and are excited to continue to grow our presence in what is becoming such an important fintech hub.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Don’t miss your station: all escalators lead to Polytech

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The heat is on: real summer has arrived in St. Petersburg, and applicants have just over a week to apply for admission to a university. There are many opportunities, but it is difficult to make the right choice. Not all graduates leave school with a clear understanding of where exactly they will go to get higher education. Sometimes a strong emotion becomes a turning point for making a decision. For example, many students stay to study at the Polytechnic University under the impression of the beauty of its buildings and park. But first, they need to get there. Potential students will be helped by… superheroes of the Polytechnic Universe.

    Now you can see them on light boxes in the vestibules and on the escalators of eleven stations of the St. Petersburg metro, and they will definitely not let you go astray. If you get on the wrong line, change to the red one. If you hear in the train: “The next station is Politekhnicheskaya”, get off, this is where you need to go. Go up the escalator, the superheroes will wave their hand in greeting – and now you are outside, and you are greeted by the snow-white main building of the Polytechnic and a green park with a 46-meter old tower. You must admit, there is no better place for student life.

    “This year we have kept the slogan of the previous admissions campaign, “You are the main hero!” It has proven itself well,” said Dmitry Voronov, Head of the Department for Promotion of Educational Programs at SPbPU. “The corporate style with comic book characters was created by the Visual Communications Department of the Public Relations Office, and the advertising layouts were prepared by the Department for Promotion of Educational Programs.”

    Let us recall that in 2024, almost 145 thousand applications were submitted for budget places in the bachelor’s and specialist’s degree programs at the Polytechnic University – this is 70% more than in 2023. It is too early to sum up the results of the 2025 admissions campaign, but by July 15, 108,126 applications had already been submitted for all forms of study in the bachelor’s and specialist’s degree programs. The largest number – 26,000 applications – were received by the Institute of Computer Science and Cybersecurity, in second place (25,000) – the Institute of Industrial Management, Economics and Trade, in third (12,000) – the Institute of Mechanical Engineering, Materials and Transport.

    Among the areas of training, the most popular are “Software Engineering”, “Construction”, “Information Systems and Technologies”.

    The admissions committee notes the continued high demand of applicants for all areas of the IT sphere and the growing interest in such areas of training as: “Nuclear Power Engineering and Thermal Physics”, “Thermal Power Engineering and Thermal Engineering”, “Automation of Technological Processes and Production”, “Biotechnology”.

    The acceptance of documents continues. The rules of the admission campaign and its progress can be found aton our website.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Don’t miss your station: all escalators lead to Polytech

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The heat is on: real summer has arrived in St. Petersburg, and applicants have just over a week to apply for admission to a university. There are many opportunities, but it is difficult to make the right choice. Not all graduates leave school with a clear understanding of where exactly they will go to get higher education. Sometimes a strong emotion becomes a turning point for making a decision. For example, many students stay to study at the Polytechnic University under the impression of the beauty of its buildings and park. But first, they need to get there. Potential students will be helped by… superheroes of the Polytechnic Universe.

    Now you can see them on light boxes in the vestibules and on the escalators of eleven stations of the St. Petersburg metro, and they will definitely not let you go astray. If you get on the wrong line, change to the red one. If you hear in the train: “The next station is Politekhnicheskaya”, get off, this is where you need to go. Go up the escalator, the superheroes will wave their hand in greeting – and now you are outside, and you are greeted by the snow-white main building of the Polytechnic and a green park with a 46-meter old tower. You must admit, there is no better place for student life.

    “This year we have kept the slogan of the previous admissions campaign, “You are the main hero!” It has proven itself well,” said Dmitry Voronov, Head of the Department for Promotion of Educational Programs at SPbPU. “The corporate style with comic book characters was created by the Visual Communications Department of the Public Relations Office, and the advertising layouts were prepared by the Department for Promotion of Educational Programs.”

    Let us recall that in 2024, almost 145 thousand applications were submitted for budget places in the bachelor’s and specialist’s degree programs at the Polytechnic University – this is 70% more than in 2023. It is too early to sum up the results of the 2025 admissions campaign, but by July 15, 108,126 applications had already been submitted for all forms of study in the bachelor’s and specialist’s degree programs. The largest number – 26,000 applications – were received by the Institute of Computer Science and Cybersecurity, in second place (25,000) – the Institute of Industrial Management, Economics and Trade, in third (12,000) – the Institute of Mechanical Engineering, Materials and Transport.

    Among the areas of training, the most popular are “Software Engineering”, “Construction”, “Information Systems and Technologies”.

    The admissions committee notes the continued high demand of applicants for all areas of the IT sphere and the growing interest in such areas of training as: “Nuclear Power Engineering and Thermal Physics”, “Thermal Power Engineering and Thermal Engineering”, “Automation of Technological Processes and Production”, “Biotechnology”.

    The acceptance of documents continues. The rules of the admission campaign and its progress can be found aton our website.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Submissions: Weird space weather seems to have influenced human behavior on Earth 41,000 years ago – our unusual scientific collaboration explores how

    Source: The Conversation – USA – By Raven Garvey, Associate Professor of Anthropology, University of Michigan

    Wandering magnetic fields would have had noticeable effects for humans. Maximilian Schanner (GFZ Helmholtz Centre for Geosciences, Potsdam, Germany)

    Our first meeting was a bit awkward. One of us is an archaeologist who studies how past peoples interacted with their environments. Two of us are geophysicists who investigate interactions between solar activity and Earth’s magnetic field.

    When we first got together, we wondered whether our unconventional project, linking space weather and human behavior, could actually bridge such a vast disciplinary divide. Now, two years on, we believe the payoffs – personal, professional and scientific – were well worth the initial discomfort.

    Our collaboration, which culminated in a recent paper in the journal Science Advances, began with a single question: What happened to life on Earth when the planet’s magnetic field nearly collapsed roughly 41,000 years ago?

    Weirdness when Earth’s magnetic shield falters

    This near-collapse is known as the Laschamps Excursion, a brief but extreme geomagnetic event named for the volcanic fields in France where it was first identified. At the time of the Laschamps Excursion, near the end of the Pleistocene epoch, Earth’s magnetic poles didn’t reverse as they do every few hundred thousand years. Instead, they wandered, erratically and rapidly, over thousands of miles. At the same time, the strength of the magnetic field dropped to less than 10% of its modern day intensity.

    So, instead of behaving like a stable bar magnet – a dipole – as it usually does, the Earth’s magnetic field fractured into multiple weak poles across the planet. As a result, the protective force field scientists call the magnetosphere became distorted and leaky.

    The magnetosphere normally deflects much of the solar wind and harmful ultraviolet radiation that would otherwise reach Earth’s surface.

    So, during the Laschamps Excursion when the magnetosphere broke down, our models suggest a number of near-Earth effects. While there is still work to be done to precisely characterize these effects, we do know they included auroras – normally seen only in skies near the poles as the Northern Lights or Southern Lights – wandering toward the equator, and significantly higher-than-present-day doses of harmful solar radiation.

    The skies 41,000 years ago may have been both spectacular and threatening. When we realized this, we two geophysicists wanted to know whether this could have affected people living at the time.

    The archaeologist’s answer was absolutely.

    Human responses to ancient space weather

    For people on the ground at that time, auroras may have been the most immediate and striking effect, perhaps inspiring awe, fear, ritual behavior or something else entirely. But the archaeological record is notoriously limited in its ability to capture these kinds of cognitive or emotional responses.

    Researchers are on firmer ground when it comes to the physiological impacts of increased UV radiation. With the weakened magnetic field, more harmful radiation would have reached Earth’s surface, elevating risk of sunburn, eye damage, birth defects, and other health issues.

    In response, people may have adopted practical measures: spending more time in caves, producing tailored clothing for better coverage, or applying mineral pigment “sunscreen” made of ochre to their skin. As we describe in our recent paper, the frequency of these behaviors indeed appears to have increased across parts of Europe, where effects of the Laschamps Excursion were pronounced and prolonged.

    Naturally occurring ochre can act as a protective sunscreen if applied to skin.
    Museo Egizio di Torino

    At this time, both Neanderthals and members of our species, Homo sapiens, were living in Europe, though their geographic distributions likely overlapped only in certain regions. The archaeological record suggests that different populations exhibited distinct approaches to environmental challenges, with some groups perhaps more reliant on shelter or material culture for protection.

    Importantly, we’re not suggesting that space weather alone caused an increase in these behaviors or, certainly, that the Laschamps caused Neanderthals to go extinct, which is one misinterpretation of our research. But it could have been a contributing factor – an invisible but powerful force that influenced innovation and adaptability.

    Cross-discipline collaboration

    Collaborating across such a disciplinary gap was, at first, daunting. But it turned out to be deeply rewarding.

    Archaeologists are used to reconstructing now-invisible phenomena like climate. We can’t measure past temperatures or precipitation directly, but they’ve left traces for us to interpret if we know where and how to look.

    An artistic rendering of how far into lower latitudes the aurora might have been visible during the Laschamps Excursion.
    Maximilian Schanner (GFZ Helmholtz Centre for Geosciences, Potsdam, Germany)

    But even archaeologists who’ve spent years studying the effects of climate on past behaviors and technologies may not have considered the effects of the geomagnetic field and space weather. These effects, too, are invisible, powerful and best understood through indirect evidence and modeling. Archaeologists can treat space weather as a vital component of Earth’s environmental history and future forecasting.

    Likewise, geophysicists, who typically work with large datasets, models and simulations, may not always engage with some of the stakes of space weather. Archaeology adds a human dimension to the science. It reminds us that the effects of space weather don’t stop at the ionosphere. They can ripple down into the lived experiences of people on the ground, influencing how they adapt, create and survive.

    The Laschamps Excursion wasn’t a fluke or a one-off. Similar disruptions of Earth’s magnetic field have happened before and will happen again. Understanding how ancient humans responded can provide insight into how future events might affect our world – and perhaps even help us prepare.

    Our unconventional collaboration has shown us how much we can learn, how our perspective changes, when we cross disciplinary boundaries. Space may be vast, but it connects us all. And sometimes, building a bridge between Earth and space starts with the smallest things, such as ochre, or a coat, or even sunscreen.

    Agnit Mukhopadhyay has received funding from NASA Science Mission Directorate and the University of Michigan Rackham Graduate School.

    Raven Garvey and Sanja Panovska do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Weird space weather seems to have influenced human behavior on Earth 41,000 years ago – our unusual scientific collaboration explores how – https://theconversation.com/weird-space-weather-seems-to-have-influenced-human-behavior-on-earth-41-000-years-ago-our-unusual-scientific-collaboration-explores-how-257216

    MIL OSI –

  • MIL-OSI: Nutanix Study Finds Financial Services Fast-Tracking GenAI Adoption—but Long-Term Gains Hinge on Infrastructure and Talent

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the findings of its seventh annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that nearly all the financial services organizations surveyed are currently leveraging GenAI applications or workloads today, with a focus on real-life applications gravitating towards customer support and content development.

    Despite widespread GenAI adoption, financial services organizations are struggling to keep pace. Most cite a skills gap needed to manage GenAI with existing infrastructure. Moreover, 97% of respondents admit they could do more to secure their GenAI models and applications.

    “Financial services organizations are turning to containers and hybrid cloud not just as technology upgrades, but as strategic enablers of customer value,” said Lee Caswell, SVP of Product and Solutions Marketing at Nutanix. “This year’s ECI report highlights how these technologies are delivering measurable ROI by powering GenAI applications that enhance fraud detection, strengthen cybersecurity, and elevate customer engagement. For financial institutions, containers and hybrid cloud have become essential tools to drive innovation, agility, and trust in a rapidly evolving digital landscape.

    “But AI and how organizations want to use it is also changing very rapidly. While GenAI remains a part of their activities, beyond the findings in the report, our customers are telling us they have moved to adopt agentic AI and are looking to harness its potential across their organizations and in how they interact with their customers.”

    The report surveyed financial services leaders on GenAI adoption, Kubernetes, and container use, and where they’re running mission-critical applications today—and where they plan to run them next. Key findings include:

    • GenAI Adoption Is Widespread but Not Without Risk: Nearly all industry respondents report using some form of GenAI today, with current use cases focused on customer support, content generation, and automation. However, data privacy and security stand out as the top concerns, with 97% agreeing their organizations must do more to secure GenAI models and applications.
    • Infrastructure Modernization Is Needed for GenAI Success: 92% of respondents say their current infrastructure requires improvement to fully support cloud native applications and containers. Although containerization and Kubernetes are already in use, particularly for GenAI workloads, application portability and data silos persist as major hurdles.
    • IT Talent Shortage Could Slow Momentum: Nearly all respondents (98%) face challenges scaling GenAI from development to production, citing lack of skilled personnel and integration issues. While 62% of respondents are actively hiring for GenAI expertise, training and upskilling remain critical priorities.
    • Return on Investment (ROI) is a Priority but It’s a Long Game: 39% of respondents anticipate potential GenAI-related losses in the next 12 months, while 58% expect gains within one to three years. This suggests that financial services leaders are embracing a longer-term view of GenAI success but also underscores the need for better tools to measure GenAI ROI.
    • Security and Compliance Will Continue to be Important: The majority (96%) of respondents say GenAI is reshaping their data security and privacy priorities. Additionally, 90% express concern about data security in the broader IT vendor ecosystem, further highlighting the complexity of securing AI deployments.

    For the seventh consecutive year, Nutanix commissioned a global research study to learn about the state of global enterprise cloud deployments, application containerization trends, and GenAI application adoption. In the Fall of 2024, U.K. researcher Vanson Bourne surveyed 1,500 IT and DevOps/Platform Engineering decision-makers around the world. The respondent base spanned multiple industries, business sizes, and geographies, including North and South America; Europe, the Middle East and Africa (EMEA); and Asia-Pacific-Japan (APJ) region.

    To learn more about the report and findings, please download the full Financial Services Nutanix Enterprise Cloud Index, here and read the blog here.

    About Nutanix
    Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

    © 2025 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

    Media Contact:
    Gabrielle Moynan
    pr@nutanix.com

    The MIL Network –

  • MIL-OSI: Regula Makes Self-Service ID Checks Faster and Easier with New Embedded Document Reader

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 15, 2025 (GLOBE NEWSWIRE) — Regula, a global developer of forensic devices and identity verification solutions, introduces a new embedded document reader—the Regula 7223E—designed to streamline ID card checks at self-service kiosks and e-gates. Built specifically for ID-1 format documents, such as driver’s licenses and national ID cards, the compact scanner helps borders and businesses speed up identity checks, reduce user errors, and deliver a better customer experience at scale.

    The Regula 7223E embedded into an e-gate

    Self-service solutions are the new norm in airports, hotels, casinos, and secure facilities. But verifying ID cards—especially when users insert them incorrectly or need to scan both sides separately—remains a common point of friction. The Regula 7223E solves this problem with:

    • Dual-side scanning in a single step.
    • No-wrong-way card insertion.
    • Automatic ejection after scanning.

    The result: faster lines, fewer errors, and a smoother process for customers and operators alike.

    Built for speed, designed for integration

    The Regula 7223E is based on the desktop ID card reader Regula 72X3, which was released several years ago. The new OEM version responds to new challenges and can be used as a standalone document reader at kiosks, e-gates, or other self-service points. The Regula 7223E also has enhanced capabilities thanks to full compatibility with Regula’s embedded full-page document reader Regula 70X8M, enabling businesses to automatically route different document types—passports or ID cards—to the correct device. The built-in indicator guides users through the process, improving usability and speeding up verification workflows.

    Powered by Regula’s robust software

    Like all Regula document readers, the 7223E is backed by Regula Document Reader SDK, a comprehensive document verification software solution that enables multiple automated checks (including analyzing MRZ data, barcodes, RFID chips, and visual elements) to prove IDs’ authenticity. It draws on Regula’s proprietary world’s largest identity document template database, which includes over 15,000 templates from 252 countries and territories.

    “We designed the Regula 7223E to remove unnecessary friction in ID checks. With this launch, we now offer a complete suite of embedded readers tailored to document type, with shared software tools and synchronized operation. Whether verifying a passport or an ID card, organizations can count on fast, reliable, and accurate data capture and authentication from a single trusted provider,” says Alex Lewanowicz, Director of Hardware Engineering at Regula.

    To learn more about the new Regula 7223E, visit Regula’s website.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regula.us

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/70d15d01-8634-4802-8cc1-b6ac1c5fe871

    The MIL Network –

  • MIL-OSI: Wedbush Securities Expands Global Market Access with 24-Hour Capital Markets Trading

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 15, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a leading financial services firm, has launched 24-hour trading capabilities, with clients already actively leveraging the service to access markets around the clock. Through strategic partnerships with Blue Ocean Technologies and OTC Markets Group, Wedbush delivers seamless market access across overnight, pre-market, core, and post-market sessions—particularly benefiting investors operating in Asia-Pacific time zones.

    Wedbush’s expanded after-hours trading melds in Blue Ocean ATS, MOON ATS, and OTC Overnight, which are three distinct alternative trading systems that enable overnight trading during Asia-Pacific hours. Blue Ocean ATS and MOON ATS support U.S.-listed securities, while OTC Overnight provides access to OTC equity trading during the same extended window. Together, these platforms provide clients with comprehensive market coverage from 8:00 PM to 4:00 AM Eastern Time, offering both high- and low-touch routing options and ensuring expert execution support throughout all market hours.

    “Our 24-hour trading capability marks a major step forward in providing clients with the market access they demand in today’s fast-paced global environment,” commented Burke Dempsey, EVP, Head of Investment Banking & Capital Markets at Wedbush. “By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support. This initiative reflects our focus on delivering flexible, client-driven solutions that empower investors around the clock.”

    Brian Hyndman, CEO of Blue Ocean Technologies, said, “We’re excited to partner with Wedbush to deliver our connectivity to after-hours markets. As the leading platform in overnight trading, with the deepest liquidity, trading volume, global access across 20+ countries, and a growing network of over 100 data subscribers, we’re confident this new capability will provide Wedbush clients with powerful tools to manage trading risk and unlock new opportunities beyond regular market hours.”

    “By integrating MOON ATS™ and OTC Overnight into its 24-hour trading offering, Wedbush is expanding global market access in a way that reflects its core mission: protecting client interests, driving innovation, and delivering with precision,” said Cromwell Coulson, CEO of OTC Markets Group. “At OTC Markets, we share this commitment to building secure market infrastructure that prioritizes financial safety and service excellence. Together, we’re enabling investors to trade with confidence in a market that now moves around-the-clock.”

    Wedbush supports execution and clearing in over 25 foreign markets, across a wide range of time zones linking with major alliance partners such as Maybank Investment Bank, Velocity Trade, Hana Securities, Trigon, Okasan Securities Group, and Yuanta Securities.

    Wedbush’s added 24/7 execution capabilities pair with its recent announcement of support for clearing equities traded on leading overnight ATSs, including Blue Ocean and MOON.

    About Wedbush Securities
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Blue Ocean Technologies, LLC
    Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company empowering global investors by making trading possible during U.S. overnight trading hours. Blue Ocean ATS, LLC, and its trading system Blue Ocean Alternative Trading System (BOATS), currently trade U.S. National Market System (NMS) stocks from 8:00 pm to 4:00 am ET, Sunday – Thursday. Founded in 2019, Blue Ocean ATS is on a mission to transform U.S. trading to global trading via its flagship service, Blue Ocean Session, providing access and transparency to subscribers in all time zones during non-traditional U.S. market hours. For more information, visit www.blueocean-tech.io.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    For media inquiries: 
    Serina Molano 
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

  • MIL-OSI: Wedbush Securities Expands Global Market Access with 24-Hour Capital Markets Trading

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 15, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a leading financial services firm, has launched 24-hour trading capabilities, with clients already actively leveraging the service to access markets around the clock. Through strategic partnerships with Blue Ocean Technologies and OTC Markets Group, Wedbush delivers seamless market access across overnight, pre-market, core, and post-market sessions—particularly benefiting investors operating in Asia-Pacific time zones.

    Wedbush’s expanded after-hours trading melds in Blue Ocean ATS, MOON ATS, and OTC Overnight, which are three distinct alternative trading systems that enable overnight trading during Asia-Pacific hours. Blue Ocean ATS and MOON ATS support U.S.-listed securities, while OTC Overnight provides access to OTC equity trading during the same extended window. Together, these platforms provide clients with comprehensive market coverage from 8:00 PM to 4:00 AM Eastern Time, offering both high- and low-touch routing options and ensuring expert execution support throughout all market hours.

    “Our 24-hour trading capability marks a major step forward in providing clients with the market access they demand in today’s fast-paced global environment,” commented Burke Dempsey, EVP, Head of Investment Banking & Capital Markets at Wedbush. “By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support. This initiative reflects our focus on delivering flexible, client-driven solutions that empower investors around the clock.”

    Brian Hyndman, CEO of Blue Ocean Technologies, said, “We’re excited to partner with Wedbush to deliver our connectivity to after-hours markets. As the leading platform in overnight trading, with the deepest liquidity, trading volume, global access across 20+ countries, and a growing network of over 100 data subscribers, we’re confident this new capability will provide Wedbush clients with powerful tools to manage trading risk and unlock new opportunities beyond regular market hours.”

    “By integrating MOON ATS™ and OTC Overnight into its 24-hour trading offering, Wedbush is expanding global market access in a way that reflects its core mission: protecting client interests, driving innovation, and delivering with precision,” said Cromwell Coulson, CEO of OTC Markets Group. “At OTC Markets, we share this commitment to building secure market infrastructure that prioritizes financial safety and service excellence. Together, we’re enabling investors to trade with confidence in a market that now moves around-the-clock.”

    Wedbush supports execution and clearing in over 25 foreign markets, across a wide range of time zones linking with major alliance partners such as Maybank Investment Bank, Velocity Trade, Hana Securities, Trigon, Okasan Securities Group, and Yuanta Securities.

    Wedbush’s added 24/7 execution capabilities pair with its recent announcement of support for clearing equities traded on leading overnight ATSs, including Blue Ocean and MOON.

    About Wedbush Securities
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Blue Ocean Technologies, LLC
    Blue Ocean Technologies, LLC (BOT) is a unique capital markets fintech company empowering global investors by making trading possible during U.S. overnight trading hours. Blue Ocean ATS, LLC, and its trading system Blue Ocean Alternative Trading System (BOATS), currently trade U.S. National Market System (NMS) stocks from 8:00 pm to 4:00 am ET, Sunday – Thursday. Founded in 2019, Blue Ocean ATS is on a mission to transform U.S. trading to global trading via its flagship service, Blue Ocean Session, providing access and transparency to subscribers in all time zones during non-traditional U.S. market hours. For more information, visit www.blueocean-tech.io.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    For media inquiries: 
    Serina Molano 
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

  • MIL-OSI: Ingersoll Rand Welcomes Aurobind Satpathy to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    DAVIDSON, N.C., July 15, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced the appointment of Aurobind Satpathy to its Board of Directors, effective immediately.

    Satpathy currently serves as a senior partner at McKinsey & Company, a global management consulting firm. During his nearly 30-year career with McKinsey & Company, Satpathy led multi-billion-dollar mergers, guided companies through public-to-private transitions, and architected growth strategies that resulted in increases in market capitalization. In addition, Satpathy led global technology-enablement efforts within McKinsey’s Operations practice and held leadership roles across several offices, practices, and global committees.

    “Aurobind’s leadership in high-impact engagements across diverse industries demonstrates his deep expertise in aligning strategy with execution,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “We look forward to leveraging his strategic mindset, and his ability to unlock value through bold, data-driven insights will be a welcome addition to our Board.”

    This appointment underscores Ingersoll Rand’s ongoing commitment to maintaining a robust and dynamic Board of Directors focused on innovation, operational excellence, and sustainable growth.

    About Ingersoll Rand Inc.
    Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life sciences and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

    These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

    Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Contacts:
    Investor Relations:                                                         
    Matthew.Fort@irco.com        

    Media:
    Sara.Hassell@irco.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b07808eb-96c6-4af2-a9a7-4eb49cf9df7c

    The MIL Network –

  • MIL-OSI: Runway Growth Finance Corp. Provides Second Quarter 2025 Portfolio Update

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the quarter ended June 30, 2025.

    “In the second quarter of 2025, Runway Growth demonstrated our focus on portfolio optimization as we added high quality names to our portfolio at attractive investment sizes. With the backing of the broader BC Partners platform, we are enhancing our origination channels and driving portfolio diversification by issuing smaller loans to late- and growth-stage businesses within technology, healthcare and select consumer sectors,” said David Spreng, Founder and CEO of Runway Growth. “We are pleased with the pipeline of opportunities we have generated since integrating onto the BC Partners platform and remain committed to upholding our rigorous underwriting standards and credit-first approach to portfolio management.”

    Originations
    In the second quarter of 2025, Runway Growth funded three investments: two investments in new portfolio companies and one investment in an existing portfolio company. These include:

    • Completion of a new $40.0 million investment to Autobooks, Inc. (“Autobooks”), funding $27.0 million at close. Autobooks is a financial technology innovator providing integrated payment, invoice, and accounting solutions specifically tailored to small and medium sized businesses;
    • Completion of a new $20.0 million investment to Swing Education, Inc. (“Swing Education”), funding $8.0 million at close. Swing Education is a leading online marketplace that connects schools with qualified substitute teachers; and
    • Completion of a new $2.8 million investment to existing portfolio company, Marley Spoon SE.

    Subsequent to quarter end, Runway Growth completed a new $10.0 million investment to Federal Hearings and Appeals Services (“FHAS”), funding $7.5 million at close. FHAS is a trusted national leader in providing business processing and outsourcing services to federal and state government agencies.

    Liquidity Events
    During the second quarter of 2025, Runway Growth experienced the following liquidity events in its investment portfolio:

    • Full principal repayment of the Company’s senior secured term loan to SetPoint Medical Corporation of $25.0 million; and
    • Other scheduled loan principal amortization payments of $4.1 million.

    Subsequent to quarter end, Runway Growth received a full principal repayment of the Company’s senior secured term loan to Nalu Medical Inc. of $21.1 million.

    Portfolio Construction and Management
    Runway Growth is a credit-first organization, carefully structured to focus on what it believes to be the highest quality, late-stage companies in the venture debt market. The Company seeks to uphold industry-leading investment standards as well as disciplined underwriting and monitoring of its portfolio. Runway Growth is positioned as a preferred lender in the venture debt space, supporting and working closely with companies to help them reach their full growth potential. Since inception, the Company has focused on the fastest growing sectors of the economy, including healthcare, technology and select consumer services and products industries.

    As of June 30, 2025, the Runway Growth portfolio included 48 debt investments to 31 portfolio companies and 89 equity investments in 49 portfolio companies, including 26 portfolio companies where Runway Growth holds both a debt and equity investment. Investments were comprised of late and growth-stage businesses in the technology, healthcare and select consumer services and products industries. Runway Growth’s normal business operations include frequent communication with portfolio companies.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment adviser that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Important Disclosures
    Strategies described involve special risks that should be evaluated carefully before a decision is made to invest. Not all of the risks and other significant aspects of these strategies are discussed herein. Please see a more detailed discussion of these risk factors and other related risks in the Company’s most recent annual report on Form 10-K in the section entitled “Risk Factors”, which may be obtained on the Company’s website, www.runwaygrowth.com, or the SEC’s website, www.sec.gov.

    IR Contacts:
    Taylor Donahue, Prosek Partners, rway@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network –

  • MIL-OSI Russia: Shandong Province Launches Integrated Warehouse-Transportation-Trade Service for China-Europe Rail Freight Transportation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 15 (Xinhua) — Two special trains on the China-Europe international rail freight route arrived one after another at the Multimodal Transport Center of the China-SCO Regional Economic and Trade Cooperation Demonstration Zone (hereinafter referred to as the China-SCO Demonstration Zone), delivering more than 3,100 tons of feed wheat flour from Kazakhstan to Shandong Province, east China. After unloading, the goods were stored in a warehouse in the national logistics hub park for China-Europe trains in Qingdao, east China, marking the official opening of the warehouse-shipment-trade integrated service for goods transported along the aforementioned China-Europe routes.

    According to the Qingdao Daily newspaper, the “warehouse-transportation-trade” format in the context of international China-Europe rail freight transportation implies the close integration of three links – warehousing, transportation and trade – into a single, highly efficient and coordinated trade and logistics ecosystem within the framework of the operation of the aforementioned trains. Such an integrated service allows for the optimization of resource allocation, reduction of intermediate links and significant improvement of overall operational efficiency.

    According to a representative of Shandong Hi-Speed Group, the company has currently developed a comprehensive solution for the entire process in the format of “warehouse-transportation-trade” for a customer of feed wheat flour from Kazakhstan, taking into account customer needs.

    Zang Yuanqi, an official with the China-SCO Demonstration Zone Management Committee, said the zone will give full play to its public good character, accelerate the construction of the Qingdao hub, and develop and strengthen new business models such as the integration of transportation and trade to accurately and efficiently serve the country’s foreign trade enterprises. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: Virtune launches Virtune Coinbase 50 Index ETP on Nasdaq Helsinki

    Source: GlobeNewswire (MIL-OSI)

    Helsinki, July 15, 2025 – Virtune, the Swedish regulated crypto asset manager, announces the listing of its latest exchange-traded product, the Virtune Coinbase 50 Index ETP, on Nasdaq Helsinki traded in EUR. This listing marks a major milestone for Virtune’s continued growth in the Finnish market and reinforces its position as a leading issuer of regulated, physically backed crypto ETPs in the Nordics.

    The product is now available to Finnish investors via brokers and banks such as Nordnet.

    Virtune has worked closely with Coinbase since its inception, collaborating across all key areas – staking, trading, and custody. The launch of the Virtune Coinbase 50 Index ETP marks the next step in strengthening this partnership. It is the world’s first exchange-traded product to track the Coinbase 50 Europe Index – a broadly diversified benchmark of up to 50 leading crypto assets. The index is developed by Coinbase and administered by MarketVector Indexes™. The ETP currently holds 21 crypto assets, with the target to expand to all 50 assets pending regulatory and exchange approvals.

    The Coinbase 50 Europe Index aims to provide investors with representative exposure to the most significant and relevant digital assets in the market. The product is tailored for both institutional and retail investors seeking regulated, transparent, and professional exposure to the crypto market.

    Allocation as of 14th of July 2025:

    https://www.virtune.com/product/vcoin50

    Christopher Kock, CEO of Virtune:

    “Listing our Coinbase 50 Index ETP on Nasdaq Helsinki marks a significant milestone in our mission to provide secure and regulated access to digital assets investments in Finland. We are thrilled to bring this flagship product to the Finnish market, allowing investors to trade it in EUR on Nasdaq Helsinki.”

    The Virtune Coinbase 50 Index ETP is 100% physically backed by the underlying crypto assets, securely stored in cold-storage with Coinbase, and carries a competitive annual management fee of 0.95%.

    Learn more about the product here: www.virtune.com/product/vcoin50

    About Coinbase: 

    Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

    Brett Tejpaul, Head of Coinbase Institutional: 

    “With the launch of the Virtune Coinbase 50 Index ETP in Nordics, we’re making one of the most comprehensive benchmarks for the crypto market directly accessible to investors across the Nordics. This marks a major step forward in our mission to expand global access to digital assets and provide institutional-grade tools for navigating this evolving asset class. The introduction of this ETP reinforces our commitment to bridging traditional financial infrastructure with the growing demand for regulated, secure exposure to the digital economy.”

    About MarketVector:

    MarketVector IndexesTM (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVectorTM, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange-Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 57 billion in assets under management.

    Martin Leinweber, Director, Digital Asset Research and Strategy, MarketVector: 

    “The Virtune Coinbase 50 Index ETP marks a significant step forward for crypto investment in Europe, offering broad, institutional-grade exposure to digital assets through a single, efficient product. This milestone combines MarketVector’s index expertise, Coinbase’s market infrastructure, and Virtune’s transparent, regulated approach. We’re proud to deepen our partnership with Virtune by becoming the index provider for their entire range of crypto ETPs across Europe. Together, we’re delivering the tools institutional and retail investors need to navigate the digital asset landscape with greater confidence and clarity.”

    Key Information about the Product:

    • Exposure: Up to 50 leading crypto assets in a single product
    • Underlying assets: 100% physically backed by the underlying crypto assets
    • Custody: Institutional-grade custody by Coinbase
    • Management fee: 0.95% per annum
    • Trading currency: EUR
    • First day of trading on Nasdaq Helsinki: Tuesday, July 15, 2025
    • Bloomberg Ticker: VCOIN50
    • ISIN: SE0024738389
    • WKN: A4A5D4
    • Exchange ticker: VCOIN50E
    • Exchanges: Nasdaq Helsinki, Nasdaq Stockholm, Deutsche Börse Xetra, Euronext Amsterdam, Euronext Paris

    In addition to the Virtune Coinbase 50 Index ETP, Virtune already has the following physically backed crypto ETPs listed on Nasdaq Helsinki:

    • Virtune Bitcoin ETP
    • Virtune XRP ETP
    • Virtune Crypto Altcoin Index ETP
    • Virtune Staked Solana ETP
    • Virtune Staked Ethereum ETP
    • Virtune Staked Cardano ETP
    • Virtune Avalanche ETP
    • Virtune Chainlink ETP

    For inquiries, please contact:

    Christopher Kock, CEO & Member of the Board of Directors
    +46 70 073 45 64
      christopher@virtune.com

    About Virtune AB (Publ):

    Virtune, headquartered in Stockholm, is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges. Through regulatory compliance, strategic partnerships, and a highly experienced team, Virtune empowers global investors to access innovative and professional investment products aligned with the evolving global crypto market.

    Crypto investments involve high risk. Virtune does not provide investment advice; investments are made at your own risk. The value of securities may rise or fall, and there is no guarantee of recovering invested capital. Please read the prospectus, KID, and terms at virtune.com. The Coinbase 50 Europe Index (“Index”) is the exclusive property of MarketVector Indexes GmbH (“MarketVector”) and its Licensors and has been licensed for use by Virtune AB (Publ) (“Licensee”).

    MarketVector has contracted with CC Data Limited to maintain and calculate the Index. CC Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector, CC Data Limited has no obligation to point out errors in the Index to third parties. In particular, MarketVector is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the Virtune Coinbase 50 Europe ETP (“Product”) or not, are not sponsored, endorsed, sold, or promoted by MarketVector and any of its affiliates, and MarketVector and any of its affiliates make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MARKETVECTOR AND ANY OF ITS AFFILIATES AND ANY OF ITS LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.

    The MIL Network –

  • MIL-OSI Russia: China-SCO Interregional Trade and Economic Cooperation Forum to be held in Qingdao

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 15 (Xinhua) — The China-Shanghai Cooperation Organization (SCO) Forum on Interregional Economic and Trade Cooperation will be held in Qingdao, east China’s Shandong Province, on July 17-18, according to the Commerce Department of East China’s Shandong Province.

    The event, hosted by the Shandong Provincial Government and supported by the Qingdao City Government, is held under the theme of “Jointly Seeking Regional Cooperation, Together for Innovative Development.” Its aim is to strengthen the platform for economic and trade cooperation between Shandong and the regions of the SCO countries.

    As it became known, four dialogue meetings on international cooperation in the areas of logistics and transport, new energy, mechanical engineering technologies and digital economy are planned within the framework of the forum. These platforms are designed to ensure practical interaction between the participants.

    At present, the SCO Secretary General and the heads of 9 regions/provinces, regions, cities/countries of the organization have confirmed their participation in the forum. Minsk/Belarus/ will act as the main guest region and will hold a special presentation within the framework of the event. In addition, the forum will be attended by heads of ministries and state committees of the PRC, representatives of leading Chinese enterprises and research institutes.

    As part of the business program, the Shandong Provincial Commerce Department and the Qingdao Government will jointly organize a series of related events, including the 4th SCO International Trade and Investment Fair.

    The holding of this forum will contribute to deepening cooperation between Shandong and the SCO countries in the economic, trade and industrial spheres, giving new impetus to the economic development of the region. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China-SCO Interregional Trade and Economic Cooperation Forum to be held in Qingdao

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 15 (Xinhua) — The China-Shanghai Cooperation Organization (SCO) Forum on Interregional Economic and Trade Cooperation will be held in Qingdao, east China’s Shandong Province, on July 17-18, according to the Commerce Department of East China’s Shandong Province.

    The event, hosted by the Shandong Provincial Government and supported by the Qingdao City Government, is held under the theme of “Jointly Seeking Regional Cooperation, Together for Innovative Development.” Its aim is to strengthen the platform for economic and trade cooperation between Shandong and the regions of the SCO countries.

    As it became known, four dialogue meetings on international cooperation in the areas of logistics and transport, new energy, mechanical engineering technologies and digital economy are planned within the framework of the forum. These platforms are designed to ensure practical interaction between the participants.

    At present, the SCO Secretary General and the heads of 9 regions/provinces, regions, cities/countries of the organization have confirmed their participation in the forum. Minsk/Belarus/ will act as the main guest region and will hold a special presentation within the framework of the event. In addition, the forum will be attended by heads of ministries and state committees of the PRC, representatives of leading Chinese enterprises and research institutes.

    As part of the business program, the Shandong Provincial Commerce Department and the Qingdao Government will jointly organize a series of related events, including the 4th SCO International Trade and Investment Fair.

    The holding of this forum will contribute to deepening cooperation between Shandong and the SCO countries in the economic, trade and industrial spheres, giving new impetus to the economic development of the region. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –