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Hammerspace and Mathematic Studios Recognized by MovieLabs for Solving Most Difficult Media Workflow Challenges

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MovieLabs case study highlights how Mathematic Studios reduced carbon footprint, increased productivity and enabled global collaboration with Hammerspace.

SAN MATEO, Calif., Sept. 13, 2024 /PRNewswire-PRWeb/ — Hammerspace, the company orchestrating the next data cycle, is pleased to showcase the MovieLabs® 2030 case study, highlighting how its customer, Mathematic Studios of Paris, France, leverages the Hammerspace Global Data Platform to achieve multi-site collaborative workflows.

“Now (with Hammerspace), talent at any location can collaborate on the same project wherever they are, leveraging resources that may be anywhere.” ~ Clement Germain, VFX Supervisor, Lead Flame Artist and On Set Supervisor at Mathematic Studio

In the summer of 2019, MovieLabs, on behalf of its member studios, published a whitepaper called “The Evolution of Media Creation,” which laid out a bold 10-year vision for the adoption of new technologies to aid in content production, post and VFX. The paper, often referred to as the “2030 Vision,” has now been broadly adopted by many partner companies and is accepted as the media industry’s “north star” for guiding production technologies toward a shared goal.

The 10 Principles of the 2030 Vision for media creation, put together by the member studios (Paramount Pictures, Sony Pictures Entertainment, Universal Studios, Walt Disney Pictures and Television, and Warner Bros. Entertainment), put forth a bold challenge that asked technologists to align future product development with a set of principles to streamline creative workflows across increasingly distributed and often siloed infrastructure choices.

Hammerspace is committed to providing the technology to help the creative industry continue to advance and deliver the richest entertainment experiences possible. Media creation pipelines rely increasingly on collaborative multi-site workflows, which often get bogged down bridging storage silos across multiple locations (public cloud, private cloud and hybrid cloud deployments).

Mathematic Studios is a creative VFX, animation and motion design studio with more than 350 artists across four locations in France, the U.S. and Canada. Mathematic Studios worked with Hammerspace to transform the sites into a single, unified online production environment. Despite each site having different storage types and infrastructure, Hammerspace software was able to unify all data in existing storage locations in a cross-platform, multi-site global file system. The Hammerspace deployment enabled Mathematic Studios to implement new collaborative workflows quickly to increase production capacity. In addition, the ability to repatriate render jobs transparently back to Paris created significant financial advantages, enabling Mathematic to decarbonize 80% or more of its renders. These advantages demonstrate the efficiencies to be gained from solutions that apply the principles of the MovieLabs 2030 Vision to production workflows.

From MovieLabs perspective, as shared in its recent case study, “Principles 1 (assets go straight to the cloud) and 2 (applications come to the assets) of the MovieLabs 2030 Vision sound simple, and yet the considerable complexity underlying both principles makes them perhaps the hardest to deploy at scale. This case study demonstrates one approach to that problem and shows the value of a policy-driven distributed file system providing scalable access to assets without creating unmanaged copies.”

Mathematic saw immediate improvement after installing Hammerspace, more than doubling its production capacity with the same resources. This approach enabled it to take on additional projects that would have been impossible before. According to Clement Germain, VFX Supervisor, Lead Flame Artist and On Set Supervisor at Mathematic Studio, “Before Hammerspace, one project was on one main site, and we were just sharing some assets or shots with the other sites (Montreal or Los Angeles). Now, talent at any location can collaborate on the same project wherever they are, leveraging resources that may be anywhere”.

Learn More

● MovieLabs 2030 Showcase case study: Mathematic Accelerates Productions, Reduces Costs and Goes Green with Hammerspace

● Blog: Hammerspace Committed Progress Towards the MovieLabs 2030 Vision

● Podcast: The Distributed Creation of Content with Jeremy Smith, Jellyfish Pictures

● Video: Real-time Collaboration with Autodesk Flame Workloads on AWS

About Hammerspace

Hammerspace is radically changing how unstructured data is used and preserved. Our Global Data Platform unifies unstructured data across edge, data centers, and clouds. It provides extreme parallel performance for AI, GPUs, and high-speed data analytics, and orchestrates data to any location and any storage system. This eliminates data silos and makes data an instantly accessible resource for users, applications, and compute clusters, no matter where they are located.

Hammerspace and the Hammerspace logo are trademarks of Hammerspace, Inc. All other trademarks used herein are the property of their respective owners.

©2024 Hammerspace, Inc. All rights reserved.

Hammerspace Press Contact

IGNITE Consulting, on behalf of Hammerspace

Kim Pegnato, 781-835-7118

Hammerspace@igniteconsultinginc.com 

Media Contact

Kim Pegnato, Hammerspace, 1 781-835-7118, Hammerspace@igniteconsultinginc.com, www.hammerspace.com

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SOURCE Hammerspace

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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