Stockholm-based Candela Technology AB has announced that the world's first electric hydrofoil ship, the Candela P-12, will service the planned water network in NEOM, the sustainable development taking shape in north-west Saudi Arabia.
NEOM has procured an initial batch of eight of the electric shuttles — the largest announced order in Candela’s history.
Chief Executive, Gustav Hasselskog said the P-12 was designed to be a zero-emission water transport system which had significant improvements over traditional water commuting.
“Unlike legacy systems with large, slow, and energy-inefficient conventional ferries, the Candela P-12 is a smaller and faster unit, allowing much more frequent departures and quicker journeys for passengers,” Mr Hasselskog said.
“All daily necessities and services will be just a short boat commute away.”
He said that flying above the waves on computer-guided underwater hydrofoils, the P-12 used 80 per cent less energy than conventional ships, allowing it to combine long range and high speed for the first time in an electric vessel.
“Passengers will fly smoothly over the Red Sea, as the P-12’s digital flight control system balances the ship 100 times per second by adjusting the hydrofoils' angle of attack, keeping it stable even in winds and waves,” Mr Hasselskog said.
“The Candela P-12 seats between 20 and 30 people depending on configuration.”
The first batch of eight vessels will be delivered in 2025 and early 2026.
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Australian call for AI safety watchdog
The Australian Government’s Senate Committee on Adopting Artificial Intelligence has been told of the need for an AI Safety Institute.
Giving evidence, spokesperson for Australians for AI Safety, Greg Sadler said polling from the Lowy Institute showed that more than half of Australians thought the risks of AI outweighed its benefits.
“The Government will fail to achieve its economic ambitions from AI unless it can satisfy Australians that it's working to make AI safe,” Mr Sadler said.
He said many countries, including the United States, United Kingdom, Canada, Japan, South Korea and Singapore were creating AI safety institutes to make sure the next-generation AI models were safe.
Mr Sadler said Australia was a participant in the Seoul Declaration on AI Safety earlier this year, but so far Minister for Industry and Science, Ed Husic had not said how Australia would approach the issue.
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Ainos nosing out industrial threats
Healthcare company Ainos Inc. says its AI Nose detection technology has made a significant breakthrough in factory automation with 79 per cent accuracy in detecting 761 samples across 22 different volatile organic compounds.
Chief Executive, Chun-Hsien (Eddy) Tsai said the achievement was a remarkable technological advancement in industrial manufacturing safety and smart manufacturing.
“During its more than 10 years of development in medical applications, the AI Nose consistently delivered excellent performances in multiple uses cases and is now expanding into the industrial sector,” Mr Tsai said.
“The AI Nose can promptly detect leaks of photoresists and other substances, reducing contamination risks in manufacturing processes and improving product yield.”
He said it can also detect chemical leaks that could pose significant health risks, as well as overheating in manufacturing equipment cables.
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Treasure Global gets into TikTok Shop
Technology solutions provider, Treasure Global Inc. has announced plans to integrate TikTok Shop with ZSTORE, an online store offering a wide range of groceries.
The integration will enable the company to showcase and sell products directly within the TikTok Shop, a video-focused social media platform with more than 150 million viewers.
Chief Executive of Treasure Global, Carlson Thow said the integration with TikTok Shop represented a strategic advance for the company, driving its globalisation efforts and significantly broadening the market reach of ZSTORE.
“By tapping into TikTok Shop’s extensive user base, which includes more than 55 million United States’ shoppers, the company is poised to enhance its global footprint and deliver its innovative solutions and diverse product range to a wider international audience.” Mr Thow said.
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Smart upgrade for XPENG vehicles
Chinese electric vehicle manufacturer, XPENG Motors has rolled out its latest smart Over-the-Air (OTA) upgrade, the Tianji XOS.
The upgrade, which features smart cockpit and intelligent driving features, is supercharged by AI technology, making XPENG’s OTA updates faster and more robust.
Chief Executive, He Xiaopeng said the Tianji XOS showcased world-leading smart driving, with positive feedback from users worldwide.
“We believe only truly high-quality technological innovations enable global users more quickly and effectively to enjoy the convenience and comfort that these innovations offer, driving society towards a more sustainable future," Mr He said.
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Saudi hospital highlights interactive learning
Saudi Arabia’s King Faisal Specialist Hospital and Research Centre (KFSHRC) has announced it will be a participant at the International Association for Medical Education in Europe Conference for the second consecutive year.
Taking place from August 26-to-28 in Basel, Switzerland, the event brings together global leaders in medical education and healthcare.
In a statement, the KFSHRC said its focus at the conference would be on refining clinical practices, improving patient outcomes, and enhancing learner satisfaction and safety.
“The KFSHRC will highlight its success in leveraging cutting-edge technologies in medical education, such as virtual simulations and interactive learning platforms, which have significantly enhanced trainees’ clinical decision-making skills,” the statement said.
Chief of Education and Training at the KFSHRC, Esam Albanyan said the hospital’s participation at the conference aligned with its strategic goals to become a global leader in medical education and patient care.
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Sompo appoints new Thailand chief
Commercial and consumer property and casualty (re)insurance provider, Sompo has appointed Aditya V. Tibrewala as Chief Executive of Sompo Insurance (Thailand).
Mr Tibrewala joined Sompo Asia Pacific as Chief Actuary in 2016 and has since held several executive positions in the regional leadership team, based in Singapore.
He will continue to report to Chief Executive, Insurance Asia Pacific, Kenneth Reilly.
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DigiAsia names director as AI advisor
DigiAsia Corporation has appointed Andreas Gregori to its recently-established AI Strategic Advisory Board.
Mr Gregori is a current member of DigiAsia’s Board of Directors and is an experienced business executive and entrepreneur.
Chief Executive, Prashant Gokarn said Mr Gregori’s expertise would be instrumental as the company accelerated the development and deployment of innovative AI fintech solutions.
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