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2025-01-12
Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries. “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas,” Trump said Thursday in a post on his Truth Social network. Trump said that Sacks would also lead the Presidential Council of Advisors for Science and Technology. In Sacks, Trump is tapping one of his most prominent Silicon Valley supporters and fundraisers for a prime position in his administration. Sacks played a key role in bolstering Trump’s fundraising among technology industry donors, including co-hosting an event at his San Francisco home in June, with tickets at $300,000 a head. He is also closely associated with Vice President-elect JD Vance, the investor-turned-Ohio senator. Sacks is a venture capitalist and part of Silicon Valley’s “PayPal Mafia.” He first made his name in the technology industry during a stint as the chief operating officer of PayPal, the payments company whose founders in the late 1990s included billionaire entrepreneur Elon Musk and investor Peter Thiel. After it was sold to eBay, Sacks turned to Hollywood, where he produced the 2005 satire Thank You for Smoking. Back in Silicon Valley, he founded workplace communications company Yammer, which was bought by Microsoft Corp. in 2012 for $1.2 billion. He founded his own venture capital firm, Craft Ventures, in 2017 and has invested in Musk-owned businesses, including SpaceX. Sacks said on a recent episode of his All-In podcast that a “key man” clause in the agreements of his venture firm’s legal documents would likely prevent him from taking a full-time position, but he might consider an advisory role in the new administration. A Craft spokeswoman said Sacks would not be leaving Craft. In his post, Trump said Sacks “will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Protecting free speech is a keen interest of Sacks. He regularly speaks about “woke” interests that try to muzzle unpopular opinions and positions. The new post is expected to help spearhead the crypto industry deregulation Trump promised on the campaign trail. The role is expected to provide cryptocurrency advocates a direct line to the White House and serve as a liaison between Trump, Congress and the federal agencies that interface with digital assets, including the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump heavily campaigned on supporting crypto, after previously disparaging digital assets during his first White House term, saying their “value is highly volatile and based on thin air.” The president-elect on Thursday said Sacks would “work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.” During the campaign, Trump spoke at a Bitcoin conference, accepted crypto campaign donations and met with executives from Bitcoin mining companies and crypto exchanges multiple times. Trump’s desire to give priority to the digital asset industry is also reflected in his close allies and cabinet selections, including his Commerce secretary pick, Howard Lutnick, and Treasury secretary nominee Scott Bessent. On the AI front, Sacks would help Trump put his imprint on an emerging technology whose popular use has exploded in recent years. Sacks is poised to be at the front lines in determining how the federal government both adopts AI and regulates its use as advances in the technology and adoption by consumers pose a wide array of benefits as well as risks touching on national security, privacy, jobs and other areas. The president-elect has expressed both awe at the power of AI technology as well as concern over the potential harms from its use. During his first term, he signed executive orders that sought to maintain US leadership in the field and directed the federal government to prioritize AI in research and development spending. As AI has become more mainstream in recent years and with Congress slow to act, President Joe Biden has sought to fill that void. Biden signed an executive order in 2023 that establishes security and privacy protections and requires developers to safety-test new models, casting the sweeping regulatory order as necessary to safeguard consumers. A number of technology giants have also agreed to adopt a set of voluntary safeguards which call for them to test AI systems for discriminatory tendencies or security flaws and to share those results. Trump has vowed to repeal Biden’s order. The Republican Party’s 2024 platform dismissed Biden’s executive order as one that “hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology.” Sacks can be expected to work closely with Musk, the world’s richest person and one of the president-elect’s most prominent supporters. Musk is also a player in the AI space with his company xAI and a chatbot named Grok — efforts which pit him against Silicon Valley’s giants — and he stands to wield significant influence within the incoming administration. The appointment won’t require Sacks to divest or publicly disclose his assets. Like Musk, Sacks will be a special government employee. He can serve a maximum of 130 days per year, with or without compensation. However, conflict of interest rules apply to special government employees, meaning Sacks will have to recuse himself from matters that could impact his holdings. Sacks’s Craft Ventures is known more for enterprise software investing than for crypto, but it has made a few crypto investments, including BitGo and Bitwise. Still, Sacks has firm opinions on the sector. Speaking last month on All-In, Sacks praised a bill on crypto regulation that had passed in the U.S. House but not the Senate earlier this year. The Financial Innovation and Technology for the 21st Century Act would regulate certain types of digital assets as a commodity, regulated by the Commodity Futures Trading Commission. “The crypto industry basically wants a really clear line for knowing when they’re a commodity and they want commodities to be governed, like all other commodities, by the CFTC,” he said on the November podcast. He also disparaged some of the Securities and Exchange Commission’s positions on crypto under its chair, Gary Gensler. “The days of Gensler terrifying crypto companies,” he said. “Those days are about to be over.” Earlier this week, Trump nominated crypto advocate Paul Atkins to lead the SEC. ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.jilibet official website

By Lauren Beavis An adorable little donkey named Wonder has received a new prosthetic leg to help her stand and walk - just in time for Christmas. Wonder was born with two deformed hooves leaving her unable to stand or walk. But since being fitted with a specialist prosthesis, the young mule is now able to walk "better than ever before". At a young age, she was admitted to Donkey Sanctuary Bonaire in the Netherlands - a center for neglected, abused, confiscated, sick or old donkeys . Wonder the donkey with its new leg. ( When veterinarians at the Faculty of Veterinary Medicine at Ghent University heard about Wonder's condition, they got in touch with Wesley Michiels from Pet Orthopedics - a company that makes prostheses and braces for animals. Wesley Michiels, head of Pet Orthopedics , said: "The vets contacted us and explained that they wanted to amputate the leg - asking us how they could best go about it to ensure that the donkey would be able to walk again with a view to a prosthesis. "We were on site for about three weeks to carry out the measurements on Wonder." More from this section As the vets amputated her little hooves - the orthopedics were able to fit a prosthetic leg that grows as Wonder does. (Pet Orthopedics via SWNS) Wesley said: "The cooperation results in a perfect amputation stump so that the prosthetic device also fits perfectly. "Wonder is still a little donkey who still has to grow in the future, so the prosthesis is adaptive so we can adjust it when she grows. "In the beginning, she has to learn how to use the leg more - but with the prosthetic device she is now already walking better than before." (Pet Orthopedics via SWNS) Wesley says he has worked with donkeys before - but a full prosthesis for the species was a new task for him. He added the new technology has helped many species - from alpacas to dogs and now donkeys . Wesley said: "In the past, the legs of animals were completely amputated up to the shoulder or up to the hip for a problem with toes for example - then sometimes you couldn't do anything with one leg. "But now many vets first call us to ask for advice about the amputation, so that we can put a prosthesis afterwards."

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Share Tweet Share Share Email The meme coin market has been buzzing lately, and the overall crypto landscape is feeling the heat. With new projects popping up and established coins making waves, investors are on the hunt for quick gains. The volatility of the market means that savvy traders can capitalise on short-term opportunities. Just like during the 1973 economic slump, where some folks took advantage of falling prices, today’s investors are eyeing the dips for potential rebounds. Among the latest contenders is BTFD Coin, which is flaunting its presale excitement and community-driven features. With a discount code, BIG50, available until January 5, 2025, there’s a compelling reason to get involved now. BTFD Coin (BTFD) stands at the forefront of this meme coin frenzy, combining fun with substantial investment potential. The project has already raised over $4.44 million, and with the presale in stage 12, it’s drawing in over 6,500 holders. The current price of $0.000064, which offers an astonishing 837.5% return on investment when it lists at $0.0006, is simply too good to ignore. Let’s dive into the top five picks for the best cryptos to join for short term gains, starting with BTFD Coin itself. 1. BTFD Coin: The Rising Star of Meme Coins BTFD Coin is making waves in the meme coin scene, and for good reason. Its presale features a play-to-earn (P2E) game that went live in stage 10, engaging users and offering an interactive experience. While rewards won’t be earned in the beta version, the full launch promises exciting gameplay and income potential. What’s more, BTFD Coin offers a staggering 90% annual percentage yield (APY) on staking, which went live on December 2. This means that not only can you buy and hold BTFD tokens, but you can also grow your investment passively through staking. The referral programme is another standout feature, allowing holders to earn bonuses by inviting friends to join the community. This builds a sense of camaraderie among investors and boosts the overall network effect, which is crucial for any meme coin’s success. The Bulls Squad, as the community is affectionately called, is growing rapidly, making it a vibrant space for engagement and investment. Why did this coin make it to this list? Simply put, BTFD Coin combines community, fun, and financial incentives in a way that few other projects can. With its presale performance surpassing $4.44 million in less than two weeks and a promising roadmap ahead, BTFD Coin is undoubtedly one of the best cryptos to join for short term gains. 2. Neiro: The AI-Powered Contender Next up is Neiro, an intriguing project that harnesses the power of artificial intelligence to provide solutions across various sectors. As the demand for AI technologies skyrockets, Neiro is well-positioned to attract investors looking for quick returns. The project focuses on creating applications that improve efficiency and decision-making, making it a valuable asset in today’s data-driven world. What sets Neiro apart is its commitment to transparency and community involvement. Investors are encouraged to participate in governance decisions, ensuring that the direction of the project aligns with the community’s interests. This level of engagement is becoming increasingly important in the crypto space, where projects that listen to their holders tend to thrive. Why did this coin make it to this list? Neiro combines cutting-edge technology with a community-focused approach, making it a strong candidate among the best cryptos to join for short term gains. With AI becoming an integral part of various industries, Neiro’s potential for growth is immense, attracting both tech enthusiasts and investors alike. 3. Book of Meme: A Collector’s Dream Book of Meme is a unique addition to the meme coin market, blending collectibles with cryptocurrency. This project allows users to trade and collect meme-themed NFTs, tapping into the growing popularity of digital art and collectibles. The community around Book of Meme is enthusiastic, and the innovative concept has garnered attention from both casual investors and serious collectors. The platform is designed to be user-friendly, making it easy for anyone to dive into the world of NFTs without feeling overwhelmed. With a solid marketing strategy and partnerships in place, Book of Meme is poised to capitalise on the surging interest in meme culture and digital assets. Why did this coin make it to this list? Book of Meme combines the fun of meme culture with the lucrative potential of NFTs, making it an attractive option for those looking to make quick gains in the crypto space. As the market for digital collectibles continues to expand, this project stands to benefit significantly, positioning itself as one of the best cryptos to join for short term gains. 4. Dogs: The Adorable Investment Dogs is a project that capitalises on the love for our furry friends, bringing a playful twist to the meme coin phenomenon. With a community-driven approach, Dogs aims to create a platform that supports animal welfare initiatives through its proceeds. This unique angle not only attracts animal lovers but also those looking to make a positive impact while investing. The project has a robust roadmap that includes charity partnerships and community events, solidifying its reputation as a socially responsible investment. Moreover, the whimsical branding and engaging community activities make it a fun space for investors to interact and grow their holdings. Why did this coin make it to this list? Dogs appeals to both the heart and the wallet, making it a compelling choice among the best cryptos to join for short term gains. The combination of a noble cause and a lively community creates a strong foundation for growth, ensuring that this project captures the attention of investors looking for both enjoyment and returns. 5. Pudgy Penguins: The Cuteness Overload Last but certainly not least, Pudgy Penguins have taken the NFT space by storm. This project features adorable penguin characters that have become a sensation among collectors and meme enthusiasts. With a vibrant community and a series of engaging events, Pudgy Penguins are not just cute; they’re a lucrative investment opportunity. The project has successfully created a buzz around its characters, leading to a growing demand for the NFTs. The strong community aspect ensures that holders feel valued and connected, which is vital for the longevity of any crypto project. Why did this coin make it to this list? Pudgy Penguins capture the essence of what makes meme coins fun and engaging while providing solid investment potential. With an ever-expanding collector base, this project stands out as one of the best cryptos to join for short term gains. Why Buying the Dip Matters Looking back to the economic collapse of 1973, we see that those who bought during the downturn often reaped significant rewards when the market rebounded. Today’s crypto market is no different. Currently, bearish trends are creating opportunities for astute investors who recognise the value in buying the dips. BTFD Coin, with its vibrant presale and community-driven features, is the ideal investment during these turbulent times. The ongoing BTFD Coin presale is a golden opportunity for those looking to enter the market at a discounted rate. With the presale having surpassed $4.44 million in just a few weeks, it’s clear that there’s a strong demand for this coin. By using the code BIG50, investors can secure a lower price before the presale concludes, offering a chance to maximise returns when BTFD Coin is listed. How to Get Involved in BTFD Coin If you’re eager to take part in the BTFD Coin presale, here’s how you can get started: Go to the Presale Page at BTFD Coin’s Buy Now. Connect Your Wallet: Click “Connect Wallet” and select your wallet (e.g., MetaMask, Trust Wallet). Enter the Bonus Code: Locate the Bonus code field, enter BIG50, and click “Apply”. Enter Purchase Details: Input the amount of $BTFD you want to buy and review the discounted price. Confirm and Buy: Click “Buy Now” and confirm the transaction in your wallet. Conclusion In a rapidly evolving market, the best cryptos to join for short term gains include BTFD Coin, Neiro, Book of Meme, Dogs, and Pudgy Penguins. Each of these projects brings something unique to the table, whether it’s community engagement, innovative technology, or downright cuteness. With the BTFD Coin presale generating significant buzz and offering enticing features like a play-to-earn game, staking rewards, and a vibrant community, the time to invest is now. Don’t miss out on this opportunity—join the BTFD Coin presale today and ride the wave of excitement into 2025! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Related Items: Blockchain , BTFD Share Tweet Share Share Email Recommended for you Best Crypto to Buy in 2025: Qubetics, Solana, Cardano, Litecoin & Hedera to Explode Huge Gains! Top Cryptocurrencies to Watch in 2024 | Top 3 Potential Breakout Stars Innerworks and Bittensor ($TAO) Collaborate to Unveil RedTeam Platform to Enhance Cybersecurity Innovation CommentsSHEPHERDSTOWN — This week, the Corporation of Shepherdstown launched a new and improved website - www.shepherdstown.gov . About half a dozen volunteers worked together on an ad hoc committee under Mayor James Gatz to replace the former website with a visually appealing, one-stop-shop for information about the municipality. “The website that had been there for years really needed an update. That’s the way websites are — they’re not static. You’ve got to keep them going and keep adding to them,” Gatz said. “I think a lot of people, including me, had a time maneuvering through that website. “I’m sure that when the old website was put up, it was state of the art and everything was great. But things have gotten better since then, in terms of how websites work and what’s possible with the technology,” Gatz added. “It was time to update it. The previous mayor and council had worked on this project a lot, but we picked it up from where they had left it and made it even better." Shepherdstown resident Deb Tucker served as chair of the ad hoc committee, as she had extensive professional experience with website development. She said that the previous administration’s plans for the website were to migrate the old website’s information into a new format. However, she and her fellow volunteers decided to improve on that idea by using input from local residents on what they would like to see in the website. “We developed the website to provide all of the information on the town that residents, businesses and visitors could need,” Tucker said, mentioning the photos on the website were all taken by Shepherdstown resident Michael Chalmers. “It’s a clear, modern look, with multiple ways to navigate to find information.” Forms that would previously need to be picked up at town hall can now be printed off directly from the website and, in the future, will likely be updated so that they can be filled out and submitted online. “We centralized the library of forms, including references to specific town ordinances,” Tucker said. “We tried to make it clear on the website, as to who to contact and how to contact them for different town services that are needed.” The website also includes a number of other useful new features, Tucker said. Utility bills and police department fines can now be paid on the municipality’s website. Parking-related needs can be addressed on the site, such as where to park in town and how to get parking passes. People can now report issues in town and, if desired, submit anonymous tips to the Shepherdstown Police Department via the website. Those wanting to become more engaged with the community can find lists of volunteering opportunities and an events calendar via the website. “This new website was created to aid in transparency from the town and to let people know more about what was happening in town government. But with all of the services that the town provides, we also wanted to provide people with a platform that would give them easy access about those services,” Gatz said. “I think of the town’s website as a place that symbolizes the town for people who are not here, who are looking around for places to visit,” Gatz added. “It’s the first place where some people may find out about Shepherdstown, so it’s very important that it presents our town as the very cool place that it is."

By Lauren Beavis An adorable little donkey named Wonder has received a new prosthetic leg to help her stand and walk - just in time for Christmas. Wonder was born with two deformed hooves leaving her unable to stand or walk. But since being fitted with a specialist prosthesis, the young mule is now able to walk "better than ever before". At a young age, she was admitted to Donkey Sanctuary Bonaire in the Netherlands - a center for neglected, abused, confiscated, sick or old donkeys . Wonder the donkey with its new leg. ( When veterinarians at the Faculty of Veterinary Medicine at Ghent University heard about Wonder's condition, they got in touch with Wesley Michiels from Pet Orthopedics - a company that makes prostheses and braces for animals. Wesley Michiels, head of Pet Orthopedics , said: "The vets contacted us and explained that they wanted to amputate the leg - asking us how they could best go about it to ensure that the donkey would be able to walk again with a view to a prosthesis. "We were on site for about three weeks to carry out the measurements on Wonder." As the vets amputated her little hooves - the orthopedics were able to fit a prosthetic leg that grows as Wonder does. (Pet Orthopedics via SWNS) Wesley said: "The cooperation results in a perfect amputation stump so that the prosthetic device also fits perfectly. "Wonder is still a little donkey who still has to grow in the future, so the prosthesis is adaptive so we can adjust it when she grows. "In the beginning, she has to learn how to use the leg more - but with the prosthetic device she is now already walking better than before." (Pet Orthopedics via SWNS) Wesley says he has worked with donkeys before - but a full prosthesis for the species was a new task for him. He added the new technology has helped many species - from alpacas to dogs and now donkeys . Wesley said: "In the past, the legs of animals were completely amputated up to the shoulder or up to the hip for a problem with toes for example - then sometimes you couldn't do anything with one leg. "But now many vets first call us to ask for advice about the amputation, so that we can put a prosthesis afterwards."

CHARLESTON, S.C. (AP) — Bryce Thompson scored 17 points, Marchelus Avery had 15 points and eight rebounds, and Oklahoma State beat Miami 80-74 on Friday in the consolation bracket of the Charleston Classic. Oklahoma State (4-1) will play in the fifth-place game on Sunday, while Miami (3-2) will try to avoid going winless in the tournament. Oklahoma State led 43-27 at halftime after making 8 of 15 from 3-point range, while Miami was just 8 of 27 overall. Four different Cowboys made a 3-pointer in the first half, with Brandon Newman making three. Thompson banked in a shot early in the second half to give Oklahoma State a 20-point lead at 49-29. Miami, which opened the game by missing 7 of 8 shots, went 1 for 8 from the field to begin the second half. Miami trailed by double figures the entire second half until Matthew Cleveland made a difficult shot in the lane while being fouled. He made the free throw to pull the Hurricanes within 75-67 with 49 seconds left. Arturo Dean restored a double-digit lead by making two free throws at 43.8. Thompson reached the 1,000 career points with the Cowboys on a shot in the lane with 13:01 left in the second half to give Oklahoma State a 55-38 lead. Nijel Pack scored 20 points and Brandon Johnson had 12 points and 10 rebounds for Miami. Cleveland finished with 11 points, and Lynn Kidd and Paul Djobet each had 10. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballThe Buffalo Bills have been one of the most consistent teams in football over the first 11 weeks of the season, racing out to a 9-2 record and seemingly having the AFC East already won. Currently on a six-game winning streak that has seen Sean McDermott's side slay the Kansas City Chiefs, handing Andy Reid's team their first loss of the year, and the offense score at least 30 points in their last five games, things are looking good for Buffalo's playoff seeding. But with everything going so well for the Bills prior to their bye, could the break stall the momentum built? For CBS Sports, while having the Bills at No. 2 in the Power Rankings, offer up that Buffalo has to hope that the bye week doesn't slow their flow. "They went into their bye having scored 30 points or more in five straight games," CBS Sports writes . "This is one team that has to hope the bye didn't slow them down." Tina MacIntyre-Yee/Democrat and Chronicle / USA TODAY NETWORK via Imagn Images There is credence to CBS' thinking. Yes, the bye week is ideal for injured players and those who are a little banged up, but from a momentum standpoint, it does have the potential to stall it. Related: Bills' Upcoming Opponent Provides Big QB Injury Update While the Bills haven't given us any indication that they will all of a sudden start stuttering, but given how well the team was playing prior to the bye, it is in the back of the mind that starting this machine up again might take a week or two - and that's time the Bills don't have if they are to overtake the Chiefs for the No. 1 seed. Of course, the proof will be in how they attack the wounded San Francisco 49ers, and Buffalo hopes that the bye week will help, not hinder, its attempt to make a deep playoff run. Related: Bills End Bye Week With Major Update on Injured StarsNBA Veteran Forward Nearing Deal With Sacramento Kings: ReportThe Digital Shipyard Market: Transforming Maritime Operations Towards 2031 11-26-2024 09:52 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Data Bridge Market Research (DBMR) Digital Shipyard Market The maritime industry is undergoing a revolutionary transformation, with the adoption of advanced technologies reshaping traditional shipyard operations. At the forefront of this transformation is the Digital Shipyard Market, an evolving sector that integrates Industry 4.0 principles into shipbuilding, maintenance, and repair. By leveraging tools such as the Internet of Things (IoT), Artificial Intelligence (AI), and Augmented Reality (AR), digital shipyards are driving efficiency, cost-effectiveness, and sustainability. This article delves into the dynamics of the digital shipyard market, exploring its trends, market size, share, growth trajectory, and the growing demand projected until 2031. Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/global-digital-shipyard-market Digital shipyards embody the fusion of technology with traditional shipbuilding and maintenance practices. By digitizing processes such as design, construction, and lifecycle management, these shipyards enhance operational precision and reduce downtime. The core of this transformation lies in integrating data analytics, automated systems, and digital twins-a virtual replica of physical shipyard components used for simulation and predictive analysis. The need for modernized operations stems from the increasing complexity of maritime vessels and global competitiveness. Moreover, stringent environmental regulations and the demand for fuel-efficient ships necessitate innovation within shipyards. The digital shipyard concept is not just a response to these challenges but a proactive step towards building a sustainable maritime future. Key Trends in the Digital Shipyard Market Several key trends are driving the adoption of digital technologies in shipyards: Digital Twin Technology Digital twins are pivotal in enhancing the decision-making process by providing real-time insights into shipyard operations. This technology minimizes risks by simulating potential scenarios, thereby aiding in predictive maintenance and efficient resource allocation. IoT and Automation IoT-enabled sensors and devices facilitate seamless communication between shipyard equipment and systems. Automation of repetitive tasks, such as welding and material handling, further improves productivity and reduces errors. Augmented and Virtual Reality (AR/VR) AR and VR are transforming training modules and design reviews. Engineers can visualize ship designs and conduct virtual walkthroughs, significantly improving the accuracy of construction processes. AI-Powered Analytics Artificial Intelligence is being used to analyze large datasets, enabling better decision-making and resource management. AI also supports predictive maintenance by identifying potential issues before they escalate. Sustainability and Green Initiatives Digital shipyards are aligning with global efforts to reduce carbon emissions. By integrating energy-efficient practices and optimizing resource usage, they contribute to creating environmentally friendly maritime solutions. Market Size and Share of the Digital Shipyard Sector The global digital shipyard market size was valued at USD 1.17 billion in 2023 and is projected to reach USD 4.74 billion by 2031, with a CAGR of 19.10% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis. Regionally, the market dynamics differ: North America leads due to robust technological advancements and strong defense budgets. Europe follows closely, driven by stringent environmental policies and the modernization of its maritime infrastructure. Asia-Pacific is emerging as a lucrative market, particularly with countries like China and South Korea investing heavily in smart shipyard initiatives to dominate global shipbuilding. In terms of market share, major players include shipbuilding giants and technology providers collaborating to deliver innovative digital solutions. Growth Drivers of the Digital Shipyard Market Several factors contribute to the growth of the digital shipyard market: Modernization of Existing Infrastructure Many traditional shipyards are investing in digital upgrades to remain competitive. This modernization helps improve productivity, reduces costs, and enhances worker safety. Demand for Advanced Vessels The growing demand for technologically advanced ships, including autonomous and smart vessels, is a major driver for the adoption of digital shipyard solutions. Government Initiatives and Investments Governments worldwide are funding projects aimed at upgrading maritime infrastructure and fostering innovation in shipyard operations. Rising Need for Operational Efficiency Digital shipyards address inefficiencies in traditional shipbuilding processes by streamlining operations and reducing lead times. Integration with Defense Sectors The naval defense sector increasingly relies on digital shipyards for building and maintaining sophisticated warships and submarines, ensuring operational readiness. Future Demand and Prospects Until 2031 The demand for digital shipyards is expected to surge significantly in the coming years, driven by technological advancements and global market needs. By 2031, the market is projected to witness the following developments: Increased Adoption of AI and Robotics: AI-powered robots will take over tasks requiring high precision, such as welding and inspection, enhancing productivity and quality. Expansion of Digital Twin Applications: From ship design to maintenance, digital twins will play an increasingly crucial role in lifecycle management. Focus on Cybersecurity: As shipyards digitize, the importance of securing sensitive data will lead to substantial investments in cybersecurity solutions. Collaborative Innovation: Partnerships between shipbuilders and tech companies will accelerate the development of cutting-edge digital shipyard solutions. Sustainability as a Core Value: The emphasis on reducing carbon footprints and adopting eco-friendly practices will remain central to the evolution of digital shipyards. Browse Trending Reports: https://aimarketresearch2024.blogspot.com/2024/11/cnc-controller-market-size-share-trends.html https://aimarketresearch2024.blogspot.com/2024/11/colored-gemstones-market-size-share.html https://aimarketresearch2024.blogspot.com/2024/11/consumer-electronics-market-size-share.html https://aimarketresearch2024.blogspot.com/2024/11/cricket-bowling-machine-market-size.html Conclusion The digital shipyard market represents a paradigm shift in the maritime industry, blending innovation with tradition to create efficient, sustainable, and cost-effective operations. As we approach 2031, the sector's growth trajectory is clear, fueled by technological advancements and the global push for smarter, greener solutions. For stakeholders in the maritime industry, investing in digital shipyard technologies is not just a choice but a necessity for staying competitive in an evolving market landscape. About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com" This release was published on openPR.

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