The 2026 Winter Olympics in Milano Cortina, Italy, are projected to have a significant environmental impact, potentially causing the loss of 5.5 square kilometers of snowpack and 34 million metric tons of glacial ice, according to a January report from the New Weather Institute. The report, conducted in collaboration with Scientists for Global Responsibility and Champions for Earth, assessed the environmental consequences of the Games and their potential detriment to winter sports impacted by climate change, Wired reported.
The report indicated that a considerable amount of carbon emissions would be caused by the Games themselves. Without the emissions caused by the events three main sponsors, those numbers would be much lower: 2.3 square kilometers of snowpack and about 14 million metric tons of glacial ice, according to Wired.
In other business news, Rocket Companies CEO Varun Krishna stated that the U.S. mortgage industry is currently experiencing a "tale of two cities," but his company is seeing positive signs. According to Fortune, Krishna told CNBC that Rocket Mortgage is poised to have its highest mortgage loan production volume and highest gain on sale in four years, following a slight drop in mortgage rates below 6%. This success contrasts with the broader mortgage industry, which has seen many Americans sidelined due to elevated mortgage rates and home prices.
Meanwhile, Nestlé CEO Philipp Navratil revealed his reliance on coffee to power through his workday. Navratil told The New York Times that he drinks seven or eight cups of coffee a day, often with a KitKat, Fortune reported. He considers an espresso a snack and has no cutoff hour for caffeine intake. Navratil also credits Gen Z staffers for keeping him sharp and advising him to constantly grow in his role.
In the tech sector, SAP is focusing on AI solutions to transform business operations. VentureBeat reported that SAP's AI solution, Joule, is designed to turn siloed data and tasks into intelligent, connected workflows. SAP Joule for Consultants is specifically built to assist system integrators and consulting teams in driving smarter, faster outcomes for their clients. According to VentureBeat, this tool aims to provide consultants with timely, expert-level guidance for navigating complex implementations and evolving best practices.
Furthermore, enterprises are increasingly consolidating systems for AI using integration platform as a service (iPaaS), according to MIT Technology Review. For decades, companies have adopted various technology solutions to address shifting business pressures, leading to a complex web of interconnected systems. iPaaS offers a way to streamline these systems and improve operational efficiency.
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