Archives May 2026

Kochi, May 21 : The Muthoot Institute of Technology and Science has launched ‘MITS Elevate @ 100x’, a specialised add-on programme aimed at equipping engineering students with advanced industry-oriented skills alongside academic learning. The initiative is being introduced in collaboration with 100x School, a Noida-based learning institution. An MoU was signed between the two institutions to roll out the programme for students pursuing Computer Science and allied disciplines.

The programme will function under the mentorship of Harkirat Singh, founder of 100x School and an alumnus of the Indian Institute of Technology Roorkee. A total of 120 students from Computer Science, Artificial Intelligence, Cyber Security, and AI and Data Science streams will be selected for the programme. The initiative is designed to prepare students for the global job market by combining academic instruction with hands-on industry exposure.

As part of the programme, students will undergo a two-month residential training programme at the 100x School campus in Noida during summer vacations each year. Experts from 100x School will also visit the MITS Kochi campus every semester to provide direct mentoring and technical guidance.

Students will receive training in emerging technologies such as Artificial Intelligence, Web 3.0, and Full Stack Development. The programme will also include specialised coaching for international coding competitions and initiatives, including Google Summer of Code and coding Olympiads. The programme will also enhance students’ employability and help them secure placements with competitive salary packages.

Eligibility for admission to the programme has been classified into two categories. Under Category 1, students should have secured above the 92 percentile in JEE or a rank below 2,500 in the KEAM examination. Under Category 2, students should have scored above the 85 percentile in JEE or secured a KEAM rank below 5,000. The Muthoot Group has also announced special scholarships for students selected for the programme.

Dr. Neelakantan P.C., Principal, MITS Kochi, said that the fourth year of the engineering course would be fully dedicated to internships and placement preparation. He added that the initiative would help reduce the need for students to depend on institutions outside Kerala for advanced technical education and would set a new benchmark in technical education in the State.

Mumbai, May 21: From Ashnoor Kaur’s tech advanced home, to Abhishekh Malhan’s villa and Dr. Jai Madan’s dreamy extravagant sea facing home, At Home is fast emerging as one of the most engaging celebrity home content formats on the internet today.

Nesterra presents At Home, a conceptually driven series hosted and conceptualised by Nayandeep Rakshit that reimagines the traditional home tour by focusing on the emotional essence of living spaces. Instead of purely showcasing décor, each episode explores how different corners of a home reflect moods, memories, and personal identity, aligning closely with Nesterra’s philosophy of creating deeply personal, “YOUnique” spaces.

But beyond the celebrities and their homes, the show signals something larger, a strategic shift in how Nesterra, the premium home furnishings brand from Sutlej Textiles and Industries Ltd. (K.K. Birla Group), is building cultural relevance through content and creators.

At Home Season 1 brings together a strong mix of television and digital-first celebrities including Dr. Jai Madaan, Abhishekh Malhan, Ram and Gautami Kapoor, Jasmin Bhasin, Debina Bonnerjee and Gurmeet Choudhary, Remo and Lizelle D’Souza, enabling Nesterra to tap into diverse audience cohorts across platforms.

What makes the series especially relevant is how these homes subtly mirror Nesterra’s design language and collections. From Abhishekh Malhan’s warm and elevated interiors reflecting the richness of the Silken Roots collection, to Dr. Jai Madaan’s statement spaces resonating with the elegance of Curtain Bible, and Ashnoor Kaur’s sleek, contemporary home echoing the modern textures of Urban Hides, the show brings Nesterra’s design sensibilities to life through real homes and personalities. 

The content-first approach has delivered significant scale. At Home has clocked 100M+ cumulative views across platforms, with high engagement across both long-form and short-form formats. On Instagram, collaborative reels amplified reach further – with Ashnoor Kaur’s content delivering 14.4M, 2.5M, and 1.6M views, Remo D’Souza’s reel crossing 1.4M views, and Jasmin Bhasin’s content crossing 2.1M views.

For Nesterra, these collaborations go beyond visibility; they serve as a way to embed the brand within real homes and real stories, rather than staged environments.

Speaking about her experience, Ashnoor Kaur shared: “I’m usually quite selective about sharing my home, but ‘At Home’ felt incredibly natural and comfortable. It never felt like a shoot, more like a genuine moment with friends. The response has been overwhelming, especially because it’s a space that’s very personal to me.”

At the centre of this property is creator-host Nayandeep Rakshit, whose growing digital footprint- 132K+ YouTube subscribers, combined with strong celebrity access, enables the show to sit at the intersection of pop culture and meaningful storytelling.

Speaking about the collaboration, Nayandeep Rakshit shared:

“The first season of At Home with Nesterra has truly been my most fulfilling experience so far. Nesterra is a brand with a voice and a heart, and that reflects in every aspect of this show. The love we’ve received across platforms has been incredible.”

For Nesterra, At Home represents a conscious move towards content as a long-term brand-building tool, one that prioritises relatability over aspiration.

Smita Joshi, VP – Home Textiles & Exports, Nesterra, said:

“At Nesterra, we see content as a strategic lever to build deeper consumer relevance, not just visibility. ‘At Home’ allowed us to move beyond product showcase to storytelling that reflects real consumer aspirations and identities. The scale of engagement we’ve seen validates our belief that design today is as much about emotional connection as it is about aesthetics.”

Importantly, the brand’s presence within the show remains seamless and contextual from curated product integrations to interactive segments like “This or That”, ensuring that Nesterra is experienced as part of the narrative, rather than an interruption.

This creator-led, celebrity-backed approach underscores how Nesterra is evolving its marketing playbook, leveraging content, culture, and collaborations to build stronger consumer affinity.

As audiences increasingly seek authenticity in both content and brands, At Home positions Nesterra not just as a home furnishings brand, but as a facilitator of personal expression within modern homes.

LONDON/HOUSTON/SINGAPORE, May 21– Oil prices above US$100 per barrel have triggered windfall tax proposals in Brazil, the EU, the US, and Australia. A new Wood Mackenzie report warns that fiscal policy design has a long-term impact on Upstream investment and production.

The cycle is familiar. As oil prices push past US$100 a barrel, politicians demand a windfall tax on energy companies. But, by the time legislation passes, prices have often already peaked.

That cycle is repeating in 2026. In recent weeks, Brazil introduced a temporary export tax. Five EU member states campaigned for reinstatement of the 2022-23 solidarity contribution levy (SCL). US senators relaunched a windfall tax bill targeting the largest oil producers and importers. The Australian senate debated a new gas export tax proposal.

Wood Mackenzie’s May 2026 Fiscal Service report, drawing on its proprietary global database and analyses of upstream fiscal changes across more than 150 jurisdictions since 2002, finds some consistent patterns. Governments with flat tax rate systems are most likely to seek new windfall levies when prices surge. Those with progressive fiscal systems, where the government’s revenue share moves automatically with prices, rarely need to. Oil companies object strongly to fiscal disruption; when it occurs, they question future investment in the affected sector.

“The current debate is following a script we have seen before, and the major uncertainty is how long the price spike will last. In the current situation, that depends on how long supply disruption lasts and if there is any lasting damage,” said Graham Kellas, SVP, Global fiscal research at Wood Mackenzie. “The longer prices stay elevated; the more governments are expected to act. The question is whether they can design something that works for the long term, or are they simply creating another measure that compounds future fiscal uncertainty?”

The pace of legislative action is another problem. Designing and passing a windfall tax mechanism can take several months. Prices may have peaked by then. Many proposals are never implemented. Those that are, often raise far less revenue than governments initially projected.

Key details

• Legal exposure: Brazil’s export tax faces legal challenge, with cases related to its 2023 temporary tax still unresolved. The EU’s 2022-23 SCL is subject to ongoing proceedings with ExxonMobil. Algeria’s 2006 windfall tax went to international arbitration — PSC contractors won after six years.
• Long-term returns: the largest companies measure returns over decades, not months, and target relatively stability over time, with price spikes balanced by price crashes.  An unpredictable fiscal environment disrupts that.
• Long-term windfall tax policy benchmark: the UK’s proposed oil and gas price mechanism (OGPM), due to replace the energy profits levy by 2030, applies only above US$90/bbl for oil or GBP0.9 per therm (US$12/mcf) for gas, and only on revenue above those thresholds. It is predictable and can be built into investment models.

Background

Windfall tax episodes have recurred throughout this century. In 2006-08, new progressive taxes were introduced in Alaska, Algeria, China, Ecuador, Pakistan, and Venezuela. India’s 2022 windfall tax changed its rate every two weeks before being abolished in December 2024. The UK’s energy profits levy, also introduced in 2022, has had its rate, timeframe, and allowances changed multiple times. The longer prices stay elevated; the more governments are expected to act.

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Ras Al Khaimah, May 21: Global leader in light and sustainable construction, Saint-Gobain inaugurated its new construction chemicals manufacturing unit in Ras Al Khaimah, reinforcing its long-term commitment to the UAE market and expanding its regional product range offer along with production capabilities.

The facility inauguration ceremony was attended by Saint-Gobain senior leadership, including  Eastern Mediterranean and Middle-East CEO Antoine Ghazal and Gulf Countries CEO Emmanuel Jacquot, alongside  Consul General of France in Dubai and the Northern Emirates His Excellency Jean-Christophe Paris, Ras Al Khaimah Economic Zone (RAKEZ) Chief Experience Officer Ian Hunt, and key stakeholders from the construction sector.

Located in RAKEZ’s Al Ghail Industrial Zone and developed across 15,000 m², the facility has been operational since the second quarter of 2025, manufacturing a comprehensive range of mortar solutions, including premixed plasters, tile adhesives and grouts, screeds, and more. With a monthly production capacity more than 10,000 tonnes, the plant serves customers across the UAE, while laying the foundation for further expansion through additional production lines and increased storage capacity.

Emmanuel Jacquot said “As the world-wide leader in light and sustainable construction, we are completing our industrial set-up with our new plant of Construction Chemicals in Ras Al Khaimah. This new facility reflects our trust in the UAE’s long-term vision. Through this investment, we reaffirm our commitment to the UAE, strengthening local manufacturing, enhancing service capabilities, customer intimacy and contributing to the country’s industrial ambition.”

Commenting on why the company chose Ras Al Khaimah, he added, “Our decision to establish operations in Ras Al Khaimah was driven by its strategic location, enabling greater customer proximity and faster, more responsive service to the Northern Emirates construction sites. This complements our existing large-scale manufacturing hubs in Abu Dhabi and Dubai, allowing Saint-Gobain to expand our reach and deliver more efficiently across the UAE. Ras Al Khaimah, and RAKEZ in particular, provided the right environment for this expansion—with strong industrial infrastructure, ease of doing business, and seamless establishment support. This has enabled us to develop a facility that aligns with our production and supply chain requirements while bringing us closer to our customers.”

RAKEZ Group CEO Ramy Jallad said: “Saint-Gobain’s new set-up marks another significant milestone for Ras Al Khaimah’s industrial sector and reflects the steady momentum the emirate continues to see in construction-related industries. Manufacturers today are looking for environments where they can scale efficiently, operate with confidence, and stay closely connected to their markets. At RAKEZ, we continue to strengthen the infrastructure, services, and industrial environment needed to support that growth journey over the long term.”

The facility reflects the company’s continued investment in strengthening its regional manufacturing and supply chain capabilities and expanding its product range offer. With growing demand across the UAE’s construction sector, and notably for hospitality, non-residential buildings and infrastructures, the new plant enhances the company’s ability to serve key markets more efficiently while supporting future expansion plans from its Ras Al Khaimah base.

Solna, Sweden, May 21, 2026. One-carbon Therapeutics AB, a clinical-stage biotechnology company pioneering first-in-class cancer therapies, today announced the appointment of Stefan Larsson, MD, PhD, and Raj Shah, MD, as additional non-executive directors to its Board of Directors, effective April 28th. The appointments further strengthen scientific, operational and transactional expertise to the Board as the Company progresses dose escalation in its ODIN Phase 1/2 study of TH9619 as monotherapy in solid tumors and prepares for its next stage of growth.

The additions follow a period of strong execution for One-carbon Therapeutics, including the dosing of the first subject in the ODIN Phase 1/2 study, the closing of an oversubscribed SEK 153 million (€13.9 million) private placement, and a strategic molecular collaboration with Tempus. Dr Larsson and Dr Shah will contribute to shaping the Company’s clinical development strategy and its trajectory toward institutional financing.

“We are delighted to welcome Stefan and Raj as new members off our Board at this pivotal moment for One-carbon Therapeutics,” said Ana Slipicevic, Chief Executive Officer of One-carbon Therapeutics. “Stefan’s clinical insight and his lifelong focus on outcomes that matter to subjects directly reinforce our disciplined, data-driven development approach. Raj’s experience across healthcare investing, banking and clinical practice will be instrumental as we deliver against our milestones and engage with the next generation of partners and investors. Under the efficient leadership of our Chairman, Antoine Yver, the board brings exactly the perspectives we need as we translate our science into clinical impact.”

About the new Board members

Stefan Larsson, MD, PhD

Dr. Larsson trained at the Karolinska Institute (KI), Harvard Medical School and the MRC Human Genetics Unit in Edinburgh, and is an Associate Professor at KI. He spent 25 years with the Stockholm office of The Boston Consulting Group (BCG), where he founded and first led BCG’s global Payer and Provider sector and its Health Systems sector, and led BCG’s work on value-based health care. He is co-founder and Board Chair of the International Consortium for Health Outcomes Measurement (ICHOM), and a Distinguished Fellow with the World Economic Forum’s Health and Healthcare group. His book The Patient Priority was published by McGraw Hill in November 2022. Dr. Larsson has authored more than 30 peer-reviewed scientific publications and serves as a board member of Industrifonden, Symcel AB and Caneon AB.

Raj Shah, MD

Dr. Shah is Partner and Head of Healthcare at Nordic Capital Advisors, a position he has held since 2015, and brings over 30 years of experience across the healthcare industry. He holds several non-executive positions and serves on the board of several of Nordic Capital’s most significant portfolio investments. His healthcare experience spans both clinical practice, having initially qualified and practised as a cardiac surgeon at Oxford, and extensive transactional experience gained as Co-Head of Goldman Sachs’ healthcare investment banking practice, where he advised private equity and corporate clients.

About One-carbon Therapeutics

One-carbon Therapeutics AB is a clinical-stage precision oncology company pioneering novel cancer therapies built on a deep understanding of cancer biology. Its lead program, TH9619 is a first-in-class, potent small-molecule inhibitor of MTHFD1 and MTHFD2, overexpressed enzymes in cancer cells. This inhibition induces toxic folate trapping, starving tumors of thymidine, a critical DNA building block, leading to DNA damage, thereby causing cancer cell death. By combining strong mechanistic insight with rigorous clinical development, One-carbon Therapeutics aims to advance potent anti-tumor activity while maintaining improved tolerability for patients with solid tumors.

The company is headquartered in Sweden and is committed to translating cutting-edge science into transformative clinical impact for subjects worldwide.

Lucknow,  May 21 : Lucknow is rapidly transforming into one of North India’s most dynamic residential real estate markets, powered by unprecedented infrastructure development, expanding employment opportunities, and Uttar Pradesh’s ambitious vision to build a USD 1 trillion economy.

Interestingly, amid strong end-user demand, and rapid infrastructure-led urban transformation, the average residential prices in Lucknow witnessed 64% appreciation since 2021, according to a latest report by ANAROCK in association with the Indian Chamber of Commerce (ICC), titled “Lucknow: Residential Renaissance Within Uttar Pradesh’s Trillion-Dollar Vision.”

Moreover, the city has moved well beyond its traditional identity as an administrative capital to become a diversified economic hub driven by growth in IT, logistics, defence manufacturing, hospitality, tourism, and industrial development.

In addition, Lucknow’s residential market has demonstrated strong momentum in recent years, driven by enhanced connectivity, expanding employment opportunities, and evolving home buyer preferences. The increasing demand for premium and high-end housing reflects rising income levels, aspirational lifestyles, and growing confidence in the city’s long-term growth trajectory.

Anuj Puri, Chairman – ANAROCK Group, says,

“Lucknow’s housing market has shown remarkable resilience and maturity over the last few years, with housing sales consistently outpacing new launches across most years. Moreover, average residential prices have also appreciated by nearly 64% since 2021, highlighting the city’s transition towards a stronger and more aspirational housing market. Gomti Nagar Extension, Sultanpur Road, Faizabad Road, Vrindavan Yojana, and Sushant Golf City are some of Lucknow’s leading residential growth corridors.” 

Improved connectivity through the Outer Ring Road, Lucknow Metro, and upcoming infrastructure projects has significantly enhanced the attractiveness of these micro-markets among both end-users and investors.

Lucknow Housing Market by the Numbers

The report highlights the city’s robust residential performance from 2021:

• Nearly 28,600 homes sold in Lucknow between 2021 to Q1 2026, reflecting strong and sustained end-user demand
• Approx. 18,000 new units launched, indicating disciplined, demand-led supply
• The high-end-segment (INR 80 Lakh-INR 1.5 Cr) leads overall supply, accounting for over 36% of total launches between 2021 and 2025. It is closely followed by mid-end segment with 33% share, indicating strong developer confidence in these price brackets and robust demand from the mid to high-income segment.
• The luxury and ultra-luxury segments (INR 1.5 Cr-INR 2.5 Cr and >INR 2.5 Cr) collectively account for a significant 25% share of total launches. This reflects a steady rise in demand for higher-value homes and a growing preference for upgraded living.
• In contrast, the affordable segment (below INR 40 lakh) accounts for a relatively small 7% share, indicating a gradual shift in both supply and demand toward higher ticket sizes, even in a traditionally price-sensitive market.
• Meanwhile, average residential prices in Lucknow have followed a clear upward trajectory, rising from around INR 3,890 per sq ft in 2021 to approx. INR 6,380 per sq ft by 2025-end. This translates into a cumulative increase of about 64%, underscoring sustained market momentum over the period. The sharpest yearly uptick was witnessed between 2021 and 2022, when prices grew by nearly 17%. This phase marked a strong post-pandemic recovery, with renewed buyer activity and improved absorption levels supporting price growth.
• Key micro-markets such as Gomti Nagar Extension, Sultanpur Road, Faizabad Road, and Sushant Golf City witnessed 73% to 86% growth in the same period
• Further, across Uttar Pradesh’s three major residential markets – Lucknow, Ghaziabad, and Noida-Greater Noida – developers added nearly 97,000 units during the same period.

Uttar Pradesh’s Infrastructure Boom Driving Growth

The report also highlights how Uttar Pradesh’s expanding infrastructure pipeline, industrial corridors, governance reforms, and rapid urbanisation are reshaping the state’s economic and real estate ecosystem. Supported by transformative initiatives such as the Defence Industrial Corridor, metro rail expansion, expressway development, logistics hubs, and the proposed AI City, Lucknow is steadily transitioning from an administrative and cultural centre into a diversified and future-ready urban economy.

• Uttar Pradesh currently boasts the country’s largest railway network, eight operational expressways, and five international airports, significantly enhancing regional connectivity and economic integration
• Along with overall urban development, Spiritual tourism is a significant economic catalyst for state, supporting growth across hospitality, retail, and residential real estate segments

Dr. Rajeev Singh, Director General of Indian Chamber of Commerce, states,

“Lucknow is undergoing a structural transformation driven by sustained infrastructure investments, improving economic activity, and accelerated urban development. The city’s growing integration with sectors such as IT, logistics, tourism, hospitality, and industrial manufacturing is strengthening its economic foundation while simultaneously supporting robust residential demand. With Uttar Pradesh actively advancing its trillion-dollar economy vision, Lucknow is expected to play a central role in the state’s next phase of economic and urban growth.”

Lucknow’s Moment Has Arrived

With strong infrastructure fundamentals, expanding economic activity, and a rapidly maturing housing market, Lucknow is increasingly being recognised as one of India’s most promising real estate destinations.

As Uttar Pradesh accelerates towards its USD 1 trillion economy target, Lucknow is set to remain at the forefront of the state’s urban and economic transformation. Overall, the outlook for Lucknow’s residential market remains positive and well-supported by fundamentals. Its combination of affordability, infrastructure-led expansion, and alignment with broader economic growth positions the city for steady, long-term value creation, with relatively lower volatility compared to larger, more saturated markets.

With an IP67-rating and support for four GMSL2 cameras, AAEON’s BOXER-8629AI has been recognized as a standout due to its potential to resolve deployment challenges across diverse environments.

Taipei, Taiwan – May 21 – Leading edge AI platform provider AAEON (Stock Code: 6579) is proud to announce that it has been honored with the Category Award for the BOXER-8629AI at the COMPUTEX Best Choice Award. The awards ceremony is due to take place during COMPUTEX Taipei, held from June 2^nd to June 5^th at Taipei Nangang Exhibition Center.

The BOXER-8629AI is a rugged, compact, IP67-rated advanced fanless embedded AI system powered by NVIDIA Jetson Orin Nano with DRAM directly on-module and high optimized memory efficiency for AI workloads. Despite measuring just 135mm x 120mm x 87.5mm, the system is equipped with a broad selection of features conducive to integration in autonomous vehicle, smart city, and other emerging sector applications. Central to this is the BOXER-8629AI’s support for four GMSL2 cameras for high-bandwidth, low-latency video acquisition, GNSS, 9-axis sensor, and IMU module support, as well as native CAN FD for actuator and motor control.

The product’s market potential is augmented by its rugged design, key for deployment in harsh industrial and outdoor environments. The BOXER-8629AI is IP67-rated, with its external I/O ports featuring O-ring sealing to the same standard to prevent water and dust ingress during operation.

AAEON has also highlighted the system’s modular design as a benefit to integrators, with custom I/O panels available for the purpose of meeting different project requirements. Meanwhile, the system is equipped with a broad 12V to 24V power input range with built-in ignition control and protection circuits, as well as military-grade vibration, shock, and drop resistance.

AAEON is honored to receive the award, particularly given the prestige of being highlighted by a platform that has been central to recognizing the functionality, innovation and market potential of new technological solutions for over 20 years. COMPUTEX, Asia’s largest annual ICT exhibition, plays a key role in showcasing the very best products that industry leading companies have to offer, providing a one-stop procurement platform for global buyers across industry segments.

The BOXER-8629AI will be on display at both the AAEON COMPUTEX booth (#J1310, 1^st Floor, Hall 1), as well as the award-winning products display area (4^th Floor, Hall 2) throughout the duration of the event.

Mumbai, May 21: Raheja Universal unveiled Endora, a vibrant new outdoor lifestyle destination at Raheja Exotica on Versova Island, with an immersive launch celebration attended by over 500 residents. Spread across more than 3 acres, Endora forms the “Soul” element of the Mind, Body and Soul philosophy of Club Exotica, reinforcing Raheja Universal’s vision of creating holistic residential environments that extend beyond conventional living.

The launch transformed Endora into a high-energy community festival, featuring adrenaline-filled Bicycle Motocross  showcases, wellness workshops, live music performances, interactive activities, and resident-led experiences that brought the space to life. The event offered residents a first-hand experience of Endora’s dynamic mix of recreation, wellness, entertainment, and social engagement.

As residential preferences increasingly shift toward lifestyle-led developments with immersive amenity ecosystems, Endora reflects Raheja Universal’s continued investment in enhancing both liveability and long-term value creation within its communities. The addition of large-scale experiential outdoor infrastructure further strengthens Raheja Exotica’s positioning as one of Mumbai’s distinctive waterfront residential destinations.

Designed as a multi-generational outdoor destination, Endora features a skate park and pump track for Bicycle Motocross  enthusiasts, a rock-climbing zone and treehouse play area for children, a dedicated pet park, and thoughtfully curated social spaces including an outdoor bowling alley and an open barbecue zone. For residents seeking moments of calm and relaxation, Endora also includes a dedicated yoga and meditation deck, while an open-air amphitheatre with a large screen creates a venue for community gatherings, movie nights, and cultural experiences. Complementing the outdoor experience is Café Aufside, offering a casual dining space for residents to unwind and connect.

Speaking on the unveiling, Mr. Ashish Raheja said,

“At Raheja Exotica, we have always believed that a residential development should offer more than just homes. With Endora, our effort has been to create a vibrant outdoor space where residents can relax, stay active, and connect with their community. From adventure and wellness to leisure and social interaction, Endora has been thoughtfully designed to offer something for every age group.”

Further reflecting Raheja Universal’s continued focus on experiential living, Endora marks another step in RUPL’s vision of creating differentiated lifestyle ecosystems and new-age residential asset classes across landmark projects, from Horizon, the world’s highest residential restobar at the 60th floor at Raheja Imperia, to the expansive 5+ acre District Park at Raheja District. With Endora, the focus extends beyond conventional amenities toward building immersive community-led experiences that enhance interaction, wellness, recreation, and everyday living. As Raheja Universal continues to shape the evolving identity of Versova Island into a vibrant waterfront lifestyle destination, Endora emerges as the place where the island comes to play.

Taipei, Taiwan – May 21: AVer Information Inc., an award-winning provider of AI audio-video solutions, announces the extension of its industry-leading 5-year warranty to the HUB Series, including the HUB30 and HUB35-EXT35 4K BYOM Matrix Switchers. This underscores AVer’s commitment to providing organizations with long-term reliability and peace of mind for their essential meeting room infrastructure.

AVer understands that managing multiple meeting room devices can be a complex challenge and is committed to making these connections as seamless and efficient as possible. By providing a 5-year warranty, AVer ensures that the HUB Series, serving as the command center for the entire meeting space, is protected for the long haul. For the average user, this means fewer technical disruptions and the confidence that their meeting setup is built to last.

The HUB Series backed by this 5-year warranty can streamline device management in virtually every collaborative environment. Organizations in fields such as corporate business, hybrid education, and live event production can elevate their meeting spaces with these new 4K BYOM Matrix Switchers, which offer the following benefits:

ŸSmart Multi-Camera Switching (ConnectAI): The HUB Series enables seamless switching between two AVer cameras, using AI-driven algorithms for dynamic, multi-angle video in live streams, hybrid meetings, and video productions.

ŸCrystal-Clear Visuals: Video is delivered in 4K UHD resolution, ensuring exceptional visual clarity.

ŸCentralized Presentation Control: Supporting the CP10 G2 Touch Panel, a single user-friendly interface, presenters can effortlessly configure dual 4K displays for flexible viewing.

ŸBYOM-Ready Connectivity: These switchers offer versatile connection options — including HDMI, USB-C, and DisplayPort — while powering personal devices reliably during long sessions.

ŸFlexible Scalability: Whether using the plug-and-play HUB30 for standard meetings or the HUB35-EXT35’s included 4K USB extender for larger spaces like auditoriums, users maintain flawless signal integrity across any distance.

Originally introduced in 2023 for AVer’s Pro AV cameras and MT Series Matrix Tracking Boxes, this industry-leading 5-year warranty now brings that same long-term confidence to the expanding AVer Pro AV lineup. For further information about the warranty, please reach out to AVer or your local authorized dealer or distributor.