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PhysicsX introduces free-to-use ‘AI for advanced engineering’ to transform aerospace development

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PhysicsX releases the first Large Geometry Model, LGM-Aero, for aerospace engineering, trained and provisioned on Amazon Web Services (AWS) cloud compute using more than 25 million different shapes. It reduces the time to investigate aerospace concepts from months to hours.

Trained and provisioned on AWS, LGM-Aero is a geometry and physics model pre-trained on a corpus of 25+ million meshes representing over 10 billion vertices, enabling dramatic reductions in aircraft concept development time’Ai.rplane’ is a publicly accessible reference application built on LGM-Aero meant to showcase the power of the model for generating novel aircraft designs and predicting physics associated with aircraft performance, unveiled today at AWS re:Invent 2024 (2-6 Dec, Las Vegas)Both Ai.rplane and LGM-Aero are available on the PhysicsX engineering AI platformLGM-Aero’s training data includes a large high-fidelity physics corpus generated with the Siemens Xcelerator portfolio in collaboration with Siemens Digital Industries

LONDON, Dec. 4, 2024 /PRNewswire/ — PhysicsX, a London-based start-up bringing the power of generative AI to enable breakthrough engineering in advanced industries, has launched the first Large Geometry Model (LGM) for aerospace engineering, LGM-Aero, and a publicly accessible reference application, Ai.rplane, to showcase its power in designing aero structures.

Ai.rplane allows engineers to generate innovative aircraft designs in an infinitely wide design space and instantaneously assess the designed aircraft’s potential performance.

Developed and provisioned on AWS, LGM-Aero was trained on more than 25 million meshes, representing more than 10 billion vertices, and a corpus of tens of thousands of Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) simulations generated with Siemens Digital Industries tools. It is a fully trained model that generalizes to a broad set of aeroelastic applications. It also infers aero performance, flight stability and structural stress for a large class of flying shapes as a zero-shot model. This technology creates geometry and assesses performance results in less than a second, compared to the several hours required for traditional numerical simulations.

“We are delighted to work with PhysicsX as they develop their first Large Geometry Model and release its showcase application Ai.rplane,” said Ozgur Tohumcu, General Manager, Automotive and Manufacturing, AWS.  “This technology will accelerate the transformation of engineering in Advanced Industries for AWS customers, enabling them to bring their products to the market faster while increasing product performance. We’ve been impressed by PhysicsX’s pace of innovation and look forward to deepening our collaboration.”

In one seamless operation, the technology creates novel designs, predicts lift, drag, stability, structural stress and other attributes for each shape, then optimises the design according to the user’s preferences. When used in industrial applications, this workflow reduces development time from months to hours.

“In the same way that large language models understand text, Ai.rplane has a vast knowledge of the shapes and structures that are important to aerospace engineering,” says Jacomo Corbo, co-founder and CEO of PhysicsX. “The technology can optimise across multiple types of physics in seconds, many orders of magnitude faster than numerical simulation, and at the same level of accuracy. We’re excited about what LGM-Aero brings as capabilities to our customers while recognizing that it is also an important stepping stone towards developing physics foundation models.”

LGM-Aero was developed using an extensive set of simulation technologies from Siemens to automate and scale the generation of high-quality training data, as well as AWS Batch and Amazon EC2 to scale compute during training. It is available on the PhysicsX AI engineering enterprise platform, which is trusted by some of the most sophisticated engineering and manufacturing organizations across advanced industries.

“We are thrilled to continue to build on our deep collaboration with AWS, and to announce the release of LGM-Aero and of Ai.rplane. This is a first step in transforming the way engineering is practiced in Advanced Industries,” added Robin Tuluie, founder and chairman of PhysicsX. “Over time, we will bring new capabilities to LGM-Aero and to Ai.rplane, allowing users to select powertrains, add controls and further content to reach mature designs in days rather than months or years.” 

LGM-Aero and Ai.rplane are available on the PhysicsX AI engineering platform. Ai.rplane is free-to-use and accessible via airplane.physicsx.ai.

About PhysicsX: 
PhysicsX is a technology company setting out to enable breakthrough engineering across advanced industries with AI. The company is building a new breed of engineering platform to bring AI-based simulation and optimization across the whole product development lifecycle, from design into manufacturing into operations. It is trusted by some of the most advanced companies in semiconductors, aerospace, automotive, renewables and materials processing. Learn more at www.physicsx.ai.

Photo: https://mma.prnewswire.com/media/2572671/PhysicsX.jpg

View original content:https://www.prnewswire.co.uk/news-releases/physicsx-introduces-free-to-use-ai-for-advanced-engineering-to-transform-aerospace-development-302321557.html

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VNET Announces Changes to Leadership Team

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BEIJING, April 20, 2026 /PRNewswire/ — VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), today announced that Mr. Qiyu Wang has resigned from his position as VNET’s Chief Financial Officer for personal reasons, effective April 30, 2026. Mr. Wang’s resignation is not due to any disagreement with the Company, nor does it relate to the Company’s operations, policies, practices, accounting matters, or procedures.

Mr. Josh Sheng Chen, Founder, Executive Chairperson and Interim Chief Executive Officer of VNET, commented, “On behalf of the Company, I would like to thank Qiyu for his contributions during his tenure. His financial discipline and strategic insight have been instrumental to the Company’s growth. We wish him every success in his future endeavors.”

In February 2026, the Company announced the appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance of VNET, to oversee the Company’s financial operations and to serve as the Company’s “principal accounting officer” in accordance with applicable U.S. federal securities laws, SEC rules, and Nasdaq requirements. Since joining VNET in 2019, Mr. Zhang has demonstrated extensive expertise in multiple key roles within the Company’s finance operations.

About VNET

VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of its customers’ internet infrastructure. Customers may locate their servers and equipment in VNET’s data centers and connect to China’s internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “target,” “believes,” “estimates” and similar statements. Among other things, quotations from management in this announcement as well as VNET’s strategic and operational plans contain forward-looking statements. VNET may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about VNET’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: VNET’s goals and strategies; VNET’s liquidity conditions; VNET’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNET’s services; VNET’s expectations regarding keeping and strengthening its relationships with customers; VNET’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where VNET provides solutions and services. Further information regarding these and other risks is included in VNET’s reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law.

Investor Relations Contact:

Xinyuan Liu
Tel: +86 10 8456 2121
Email: ir@vnet.com

View original content:https://www.prnewswire.com/news-releases/vnet-announces-changes-to-leadership-team-302747154.html

SOURCE VNET Group, Inc.

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Steven Rivera Appointed Chief Revenue Officer of NRI North America

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NEW YORK, April 20, 2026 /PRNewswire/ — Nomura Research Institute (NRI), a leading global provider of consulting and technology services, today announced that Steven Rivera has been appointed Chief Revenue Officer (CRO) for North America.

In this role, Rivera will oversee revenue-related functions across the region, including sales, marketing, demand generation, strategic partnerships, and client engagement.

Rivera brings more than 26 years of experience to the role, having held sales and marketing leadership positions within the cybersecurity, managed services, and consulting sectors. Over the course of his career, he has led the development of integrated go-to-market strategies and supported organizations in strengthening client relationships and operational alignment.

Prior to joining NRI, Rivera served as Chief Revenue Officer at Logically, where he was responsible for coordinating revenue functions across sales, marketing, client support, and pricing. His work focused on improving organizational alignment and supporting consistent business performance.

“Steven’s experience across revenue leadership and his background in cybersecurity and consulting are well-aligned with our priorities in North America,” said Toshi Oiwa, Chief Executive Officer of NRI North America. “We believe his perspective will contribute to the steady advancement of our regional capabilities and support our efforts to further deepen relationships with our clients over the long term.”

Rivera’s areas of expertise include enterprise sales leadership, revenue operations, cloud and cybersecurity solutions, and financial planning. He also brings experience in security consulting, risk analysis, program management, and governance, risk & compliance (GRC).

About NRI

In North America, NRI is a business and technology solutions consultancy. Guiding our clients from insight to execution, we design and deliver solutions that fuel growth, grow profitability, and result in lasting innovation. NRI has more than 16,000 employees in 16 countries and regions including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above US $4.8 billion and is rated “A” by S&P Global Ratings Japan. Learn more at www.nri-na.com

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SOURCE NRI

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Ionic Digital Announces March 2026 Mining and Operations Update

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AUSTIN, Texas, April 20, 2026 /PRNewswire/ — Ionic Digital Inc. (“Ionic Digital” or the “Company”), a digital infrastructure company supporting the expanding needs of AI and high-performance computing, today issued its unaudited Mining and Operations Update for March 2026.

In March, Ionic Digital mined 28.05 Bitcoin (“BTC”), a decrease of 14.9% compared to the prior month. The Company’s site production varied in line with strategic adjustments, following fleet consolidation.

The decline in production was driven by a 19.4% decrease in average hashrate and a 6.8% reduction in network block production, partially offset by a 3.3% decline in the global hashrate. Ionic’s share of the global hashrate declined 16.6% month-over-month to 0.21%, reflecting a sharper reduction in company output relative to the total network.

At our four Midland sites, production was 24.26 BTC, a 4.7% month-over-month increase, as the most efficient miners from the Oklahoma GXD facility came online at Midland. At GXD, production was 3.79 BTC, a planned decrease of 61.2% month-over-month due to continued de-racking and reduced operational contribution.

The daily average hashrate was 2.04 EH/s, down 19.4% compared to the prior month, due to the discontinuation of the GXD hosting contract and removal of miners (-62.5%), while Midland remained relatively stable (-1.2%).

Ionic Digital continues to maintain its zero-debt position and liquidated no BTC in March. As of March 31, 2026, the Company held 2,815.6 BTC, an increase of approximately 28.2 BTC over the prior month.

Key Mining and Operating Metrics Summary

Metric

March 2026

Capacity (MW)1

112.0

Efficiency (J/THs)2

29.1

Daily Average Hashrate (EH/s)3

2.04

BTC Mined4

28.05

Average BTC Mined/Day5

0.90

BTC Sold

0.0

BTC Holdings6

2,815.6

Total current energy available at the four Midland sites, representing a change in previous reporting.
Previous reporting only measured total current capacity for mining activities available at hosted and directly
owned sites.Represents the capabilities of active miners during the reporting period.The reported hashrate is derived from internal performance data. Hashrate values reflect miner downtime
and curtailment.Gross BTC mined of 28.05 BTC. No hosting fees were paid in BTC for March 2026.Average BTC/Day in the prior month was 1.18.BTC Holdings excludes 0.9 BTC earned but in transit as of month-end, a change of -0.2 BTC from prior
month. The BTC balance at the end of the prior month was 2,787.4 BTC.

About Ionic Digital 
Ionic Digital Inc. is a digital infrastructure company that develops strategic powered land assets for data centers, high-performance computing (HPC) and cryptocurrency mining. Learn more at www.ionicdigital.com or follow us on X and LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ionic-digital-announces-march-2026-mining-and-operations-update-302746771.html

SOURCE Ionic Digital Inc.

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