May 19, 2020

Work begins on NZ leg of 43 terabyte Hawaiki transpacific cable

ANZ technology industry
Hawaiki
TE Connectivity
Addie Thomes
2 min
Work begins on NZ leg of 43 terabyte Hawaiki transpacific cable

A 15,000km submarine cable connecting Oregon in the US to Sydney and the north coast of New Zealand via Hawaii is entering the final leg of construction.

Once completed, the cable will add 43 terabytes of connectivity capacity to the market, and is set to cost around $0.5bn to complete.  The work is being carried out by Hawaiki Submarine Cable LP and TE SubCom, owned by TE Connectivity which turns over upwards of $13bn a year.

With several thousands of kilometers of undersea fiber-optic cable on board, TE SubCom’s cable-laying vessel CS Responder is now berthed in Auckland, poised to begin marine activities for the New Zealand leg of the transoceanic cable system later this month. It will meet land at Mangawhai Heads on the northwest coast of the North Island.

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Remi Galasso,CEO of Hawaiki, commented: “Landing the cable in its home country represents a major event for our team and I would like to take this opportunity to thank all our New Zealand partners for their continuous support.

“Hawaiki will bring huge benefits to New Zealand in terms of greater connectivity to Australia and the US, security of supply, diversity and increased business opportunities for the Telecom and IT industries.”

Once finished, Hawaiki will be the first and only carrier-neutral cable system between Australia, New Zealand and the US. The project is due to complete in June of this year.

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Jul 18, 2021

Beyond Limits: Cognitive AI in APAC

BeyondLimits
Mitsui
AI
Energy
3 min
Artificial intelligence startup Beyond Limits and global investment company Mitsui have partnered up to bring AI to the energy industry

Courtesy of current estimates, it looks like Asia-Pacific AI will be worth US$136bn by 2025. Its governments and corporations invest more money than the rest of the world in AI tech, the data of its citizens is considered fair game, and its pilots are small-scale and, as a result, ruthlessly effective. This is why, according to Jeff Olson, Cognizant’s Associate Vice President for Projects, AI and Analytics, Digital Business and Technology, the APAC region ‘is right on the edge of an AI explosion’. 

 

Now, startup Beyond Limits is pushing the boundaries of what AI can do, mirroring humans in its ability to find solutions with even limited information. As of this July, it’s partnered up with Mitsui, a global trading and investment company, to expand its impact in APAC. 

How Does Beyond Limits Work? 

Most AI companies claim that they can help businesses make better decisions. But many need astoundingly large stores of data to feed their information-hungry algorithms. Beyond Limits, in contrast, takes a different tack. Perfect data, after all, is largely a pipe dream kept alive by PhD students. In reality, systems must often make decisions from small, incomplete sets of intel. 

 

But Beyond Limits’ AI is no black box. ‘When little to no data is available, Beyond Limits symbolic technologies rely on deductive, inductive, and abductive reasoning capabilities’, explained Clare Walker, Industry Analyst at Frost & Sullivan. While making these leaps in logic, however, the system also keeps track, ensuring that humans can review the AI’s ‘thought process’. 

Why Partner With Mitsui? 

Beyond Limits is built for specific applications such as energy, utilities, and healthcare—but lacks the extensive industry network of Mitsui. Partnering allows Beyond Limits to access a portfolio of firms specialising in minerals and metals, energy, infrastructure, and chemicals. ‘We’ve been working on this deal for several years’, said Mitsui’s Deputy General Manager Hiroki Tanabe. ‘Mitsui’s global portfolio and Beyond Limits’ AI technology will...deliver impact’. 

 

In the first test of that dramatic statement, Liquified Natural Gas (LNG) will soon deploy Beyond Limits’ new system. If everything goes according to plan, LNG will optimise how it extracts and refines energy, making money for both itself and investors—including Mitsui. This, in fact, is Mitsui’s strategy: go digital and don’t look back. 

 

Why Does This Matter? 

Forty-five percent of Asia-Pacific companies surveyed in Cognizant’s thought leadership ebook consider themselves AI leaders. Positivity bias, that oh-so-common tendency of humans to position themselves as above average as compared to others, strikes again. (Most small companies fail to launch successful AI projects on their own.) And partly, this is because firms fail to integrate AI with industry expertise. 

 

 ‘A large part of the focus on talent for AI today has been getting the people who are strong in mathematics, AI, and technologies’, said Olson. ‘But where you make your money out of AI projects is when you apply them to your business’. In short: APAC nations looking for ways to bridge the gap might follow Beyond Limits and Mitsui’s playbook—coupling startup AI with a corporate network.

 

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