Market Chatter: Marubeni Rolls Out AI Power-Saving Service With Multiverse Computing

-- Marubeni (TYO:8002) has started a service with Multiverse Computing to cut data center power use for generative AI by up to 80% by simplifying processing, Nikkei reported Friday.

The technology compresses large language models, easing GPU load and cooling needs without hurting performance, according to the report.

Multiverse, founded in 2019, has deployed the system in Europe, including at Telefonica, where power use fell 75% and speed improved, the report said.

Marubeni plans to market it in Japan to sectors such as finance and pharma as AI-driven power demand rises, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Aayush Wellness Rolls Out Liver Detox Tablets; Shares Jump 9%

Aayush Wellness (BOM:539528) launched "Liver Detox Tablets" herbal formulation to boost liver health, according to a BSE filing on Friday.This herbal formulation is aimed at naturally detoxifying, protecting, and regenerating liver cells, addressing the growing liver health challenges triggered by modern lifestyle habits, environmental toxins, and poor dietary choices.The company's shares were up nearly 9% in recent trade.

$BOM:539528

KGL Resources' Baseline Model for Northern Territory Project Confirms 'Attractive Economics'

KGL Resources' (ASX:KGL) baseline economic model for its Jervois copper-silver-gold project in the Northern Territory confirmed "attractive economics" and offered a basis for project financing and the start of development, according to a Friday filing with the Australian bourse.Results of the baseline economic model show a pre-tax net present value of about AU$1.23 billion, a pre-tax internal rate of return of 37%, and an average steady state operating cash flow of AU$260 million per year, according to the filing.Additionally, the project's construction capital cost estimate is AU$439 million, and its additional mining and sustaining capital forecast is AU$290 million, which would be funded from cash flow generated during operations, the company said.Shares of KGL Resources were down 2% in recent Friday trade.

$ASX:KGL

Market Chatter: Marubeni Rolls Out AI Power-Saving Service With Multiverse Computing

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