NAB Show New York 2024 attracted more than 12,000 attendees, some 250 exhibitors (50 of which were first-timers), and 20 new product launches. Preliminary data shows roughly 64% of attendees were first-timers. As the show wraps up, organizers say looking ahead to 2025, Generative AI, the creator economy and live production as well as radio, television and sports broadcasting trends are expected to continue shaping the media landscape. The National Association of Broadcasters is already planning the 2025 NAB Show in Las Vegas, April 5-9 (Exhibits 6-9) and the 2025 NAB Show New York, Oct. 22-23.
Pelmorex has introduced Gaia Energy, a predictive weather forecasting solution developed for energy traders, that the company says is poised to revolutionize weather predictions and analysis within the natural gas, electricity, agriculture and weather derivatives space. Powered by Gaia, Pelmorex’s proprietary Deep Learning Numerical Weather Prediction (DLNWP) model, it provides advanced predictive modeling, real-time weather insights, historical weather data, and customizable data visualizations. Leveraging the latest advancements in AI, Chief Meteorologist Chris Scott says the technology is a revolution in how weather forecasts are made, with models learning from observed weather data, producing more accurate forecasts and eliminating consistent errors found in traditional models. Among its touted advantages are its speed, purportedly delivering forecasts 18X faster and more accurately than the world’s top conventional models, allowing energy traders to receive weather insights an hour ahead of the market.