FEATURED NEWS
- July 23, 2026Event Announcement
Complium from EIC Limited Now Available in the Microsoft Marketplace
Microsoft customers worldwide can now discover and deploy Complium through Microsoft Marketplace, accessing trusted solutions that accelerate innovation and business transformation with unified integration across Microsoft products EIC Limited today announced the availability of Complium in the Microsoft Marketplace, the unified online destination for customers to buy trusted cloud solutions, AI apps, and agents to meet their business needs. EIC Limited customers can now discover and deploy trusted solutions through Microsoft Marketplace, with smooth integration and streamlined management across Microsoft Azure and other Microsoft products. Founded in 2016, EIC Limited is a CREST-accredited, ISO 27001-certified information security and compliance firm serving financial institutions, payment processors, and technology enterprises across Asia-Pacific, Central Europe, the Middle East, and Africa. As a Qualified Security Assessor (QSA) organization, EIC combines hands-on assessment expertise with its own technology platforms, building tools that reflect the exact standards its assessors apply in the field. PCI DSS v4.0.1 is a complex standard, and the evidence organizations need to prove compliance is typically scattered across teams, tools, and cloud accounts. Existing compliance platforms map controls to a dashboard and stop there, leaving an assessor to rebuild the Report on Compliance by hand — and leaving the organization to separately find, contract, and coordinate a QSA firm to complete the assessment. Complium is built to close that gap. The platform organizes evidence by requirement and produces packages structured to the official PCI DSS v4.0.1 ROC template: Coordinators gather evidence, AI drafts findings and testing notes, and an EIC QSA reviews and records the final compliance status, keeping every decision attributable to a qualified human assessor. Because Complium is built and operated by EIC Limited, a QSA organization, the AI-enhanced platform and the PCI QSA who signs the validation come from the same firm — not a tool plus a separate assessor customers have to find, pay, and coordinate on their own. Customers subscribe once and work with a single, accountable provider for both compliance evidence management and formal PCI DSS assessment. Complium connects to Microsoft Azure through read-only integrations with Microsoft Entra ID for access-control and authentication evidence, Azure Activity Logs for audit-logging evidence, and Microsoft Defender for Cloud for configuration posture across network, secure-configuration, data-protection, and vulnerability control families. The platform's AI capabilities, including evidence analysis and compliance guidance, are powered by Azure OpenAI through a configurable provider layer, with every AI-drafted output reviewed and accepted by an EIC QSA before it is recorded. “Compliance evidence often lives in five different tools and two different vendors, and by the time it reaches an assessor, half the context is gone,” said Moshiul Islam Mishu, Founder and CEO of EIC Limited. “Complium closes that gap — the platform and the QSA validation come from the same firm, so nothing gets lost in translation.” “We're pleased to welcome EIC Limited's Complium to Microsoft Marketplace,” said Cyril Belikoff, vice president, Microsoft Azure Product Marketing. “Marketplace connects trusted solutions from global partners with customers worldwide, making it easy to find and deploy apps that work seamlessly with Microsoft products.” Microsoft Marketplace is a single destination to find, try, and buy trusted cloud solutions, AI apps, and agents to meet your business objectives. Choose from a growing collection of solutions tailored to your unique needs, available both in the marketplace and directly within Microsoft products. About EIC Limited EIC Limited is a Qualified Security Assessor (QSA) organization, CREST accredited, an official CMMI Partner, a SWIFT CSP Provider, and an ISO 27001-certified information security and compliance firm founded in 2016. Guided by its mission to make cybersecurity and compliance simple, EIC serves financial institutions, payment processors, and technology enterprises across Asia-Pacific, Central Europe, the Middle East, and Africa, delivering specialized expertise in payment card security, SWIFT network protection, information security management systems, business continuity, and process maturity. Alongside its assessment and advisory services, EIC develops proprietary technology platforms — including Complium for PCI DSS compliance, CardIntel for cardholder data discovery, and Infiltra for penetration testing automation — built by its own assessors to reflect the standards they apply in practice. Learn more at www.eicsecure.com . For more information, press only: Moshiul Islam Mishu, Founder & CEO, EIC Limited, +880 1833-182077 moshiul@eicsecure.com
- July 23, 2026Business
Texan Title Celebrates 30 Years of Serving Texas Real Estate Transactions With Trusted Title and Escrow Services
Texan Title is celebrating 30 years of serving Texas real estate professionals, property buyers, sellers, and businesses with title insurance, escrow services, commercial transaction support, and resources designed to help real estate transactions move toward closing with greater clarity and confidence. For three decades, Texan Title has built its business around a straightforward principle: real estate transactions are strengthened by experience, communication, and trusted local relationships. Today, the company operates 27 offices across five Texas regions, connecting clients with professionals who understand the markets and communities they serve. Texan Title provides title insurance that helps protect property ownership interests, while its escrow professionals support the coordination of funds, documents, and closing requirements. Title searches help identify matters affecting property ownership, and experienced teams help clients navigate the details that can influence a transaction before closing. The company's services also extend to commercial real estate. Texan Title's Commercial Division supports complex transactions, including multi-site deals and high-value commercial assets, with expertise designed for the specific demands of commercial real estate. The division combines Texas market knowledge with the resources and relationships needed to help manage transactions of varying scale and complexity. "Thirty years is a significant milestone, but our focus remains on the relationships and service that have carried us forward," said a Texan Title representative. "Every transaction represents a person, family, real estate professional, or business trusting our team to help protect their interests and guide the process. We are proud of the legacy we have built in Texas and excited about the future we are continuing to create together." Texan Title also provides resources designed to support real estate professionals, including Realtor tools, net sheets, calculators, educational resources, and transaction support. These resources help agents and clients access practical information while working through the financial and administrative details associated with real estate transactions. With locations serving the Gulf Coast, Central Texas, the Hill Country, and West Texas, Texan Title combines a statewide presence with community-focused service. The company continues to emphasize personalized support, local knowledge, professional expertise, and strong relationships with leading title insurance underwriters. As Texan Title celebrates its 30th anniversary, the company remains focused on helping Texas real estate transactions move forward with confidence. Its continued growth reflects a commitment to serving clients, supporting real estate professionals, investing in communities, and building a legacy that extends across generations. About Texan Title Texan Title is a Texas-based title and escrow services company serving residential and commercial real estate transactions across the state. With 27 offices across five regions, Texan Title provides title insurance, escrow services, title searches, commercial real estate support, Realtor tools, net sheets, calculators, and related transaction resources. The company has more than 30 years of experience serving Texas and maintains a network of professionals, including title examiners, escrow professionals, and real estate attorneys. Learn more at Texan Title .
- July 23, 2026Transportation
Catrak Technologies Partners with IMPROVLearning to Advance AI-Powered Fleet Driver Safety
Catrak Technologies, Inc., developer of the Drivestream ® fleet operations platform, today announced a strategic partnership with IMPROVLearning ™, naming the company its official behavioral driver coaching and safety training partner. Drivestream brings together GPS tracking, fleet telematics, fleet intelligence, vehicle security and driver safety management to give organizations real-time visibility into vehicles, drivers and assets. The partnership will bring IMPROVLearning’s AI-powered NEURO IQ™ platform and proprietary SPIDER™ training methodology into the Drivestream experience. The integration will give fleet managers, supervisors and drivers a coordinated way to turn telematics data into personalized coaching, documented driver interventions and measurable efforts to improve behavior behind the wheel. Commercial fleets now have access to more driver and vehicle data than at any previous point. Telematics systems can identify speeding, harsh braking, rapid acceleration and other driving patterns that may indicate elevated risk. However, collecting that information is only the beginning. In an increasingly complex liability environment, fleet operators must also be prepared to show how they responded when warning signs appeared. The question is no longer limited to whether an organization knew about a potential safety concern. It increasingly includes what the organization did after identifying it. By integrating behavioral coaching within Drivestream, fleet managers will be able to assign personalized training, document coaching activity and maintain an ongoing record of proactive driver development within the platform they already use. “Knowing which drivers may be at risk is only half the equation. Knowing about a pattern and failing to act can significantly increase a fleet’s potential liability following a serious incident,” said Gary Alexander, CEO of IMPROVLearning™. “The real question is what happens next. Together with Catrak, we are helping fleets turn telematics data into meaningful driver intervention before an identified risk contributes to a preventable incident or costly verdict.” Through the planned integration, supervisors will be able to assign coaching based on telematics trends, while NEURO IQ™ analyzes broader patterns in driver behavior and recommends targeted learning experiences. Drivers will receive individualized microlearning intended to improve awareness and decision-making. Supervisors, in turn, will gain a documented history of assigned coaching, completed training and other interventions. The partnership will also provide access to IMPROVLearning’s commercial driver safety programs, powered by the SPIDER™ Method, a behavioral coaching framework designed to make safety concepts more engaging and memorable. SPIDER stands for Scan, Predict, Identify, Decide, Execute and Reflect, providing drivers with a structured process for recognizing hazards and responding to changing road conditions. IMPROVLearning also maintains an extensive library of state-approved traffic violators , commercial driver’s licence and Department of Transportation compliance programs. Through the partnership, fleets will be able to support continuing driver development and applicable regulatory training through a more unified safety workflow. Rather than relying exclusively on generic annual courses or responding only after a collision or violation, the integrated solution is intended to support continuous, data-informed coaching tailored to the behavioral profile of each driver. Training can be delivered in manageable sessions requiring less than 30 minutes per week, helping organizations incorporate driver development into ongoing fleet operations. The resulting records may also help organizations demonstrate that identified driving concerns were met with timely coaching, training and follow-up. This creates a clearer account of proactive intervention while supporting improved driver performance and a more consistent fleet safety culture. “By integrating IMPROVLearning directly into Drivestream, we are turning real-time fleet data into action,” said Mark Richardi, Chief Executive Officer of Catrak Technologies. “The partnership will help customers improve driver performance while demonstrating a proactive and documented commitment to fleet safety.” The integrated fleet safety and behavioral coaching solution will be available to field service companies, commercial fleets, government agencies, transportation providers, contractors and enterprise organizations using the Drivestream platform. IMPROVLearning has trained more than five million drivers nationwide and combines behavioral science, artificial intelligence and engaging educational content to support safer decision-making. Its NEURO IQ™ platform builds individualized behavioral profiles and delivers personalized coaching recommendations based on driving data and identified patterns. The company also provides driver education, defensive driving, traffic school and commercial fleet training programs. About IMPROVLearning™ IMPROVLearning™ is a national provider of behavioral driver safety education that combines behavioral science, artificial intelligence and engaging learning experiences to improve driver performance. Through its AI-powered NEURO IQ™ platform and proprietary SPIDER™ Method, the company delivers personalized fleet coaching, commercial driver training, defensive driving, traffic violator and driver education programs. Having trained more than five million drivers, IMPROVLearning’s mission is to save lives and reduce costs through memorable driver training. For more information, visit www.IMPROVLearning.com . About Catrak Technologies Catrak Technologies is the developer of the Drivestream® fleet operations platform, providing GPS tracking, telematics, fleet intelligence and vehicle security solutions that help organizations improve operational efficiency, driver safety and fleet performance. Drivestream gives fleet managers real-time visibility into vehicles, drivers and assets, supporting informed operational decisions across commercial and government fleets. For more information, visit https://catraktech.com/ .
- July 23, 2026Business
Macro Technology Group Launches Community Employment Service Center Initiative in Latin America as Regional Job Conversion and User Engagement Increase
Following the previously announced medium- and long-term development plan for the Latin American market, as well as discussions with communities in several countries regarding employment collaboration and skills development, Macro Technology Group recently announced the official launch of its community employment service center initiative in Latin America. The first phase will focus on markets including Bolivia, Peru, Paraguay, the Dominican Republic, and Nicaragua, with the aim of further promoting regional job conversion and increasing online user engagement. According to the company, the community employment service centers will be built around an online service system. Through a digital platform, the centers will connect employment resources, community collaboration, and skills support functions, providing local users with more flexible ways to participate. Compared with the traditional model of simply providing job information, MacroMT is placing greater emphasis on developing users’ ability to participate over the long term. The company hopes to improve user stability and sustained engagement through community-based operations. According to MacroMT’s disclosed medium- and long-term development blueprint for Latin America, the initiative also represents an important step in the continued implementation of the company’s regional strategy. Previously, the company’s community teams held multiple discussions with regional community organizations and partners, reaching a number of agreements regarding digital jobs, remote collaboration, and skills development. With the official launch of the community employment service centers, these plans are now beginning to move from preliminary discussions into the implementation stage. Industry observers have noted that interest in online collaboration and digital employment has continued to grow across Latin America in recent years. However, some markets still lack stable community services and long-term support systems. According to the company, MacroMT will provide services in areas including job matching, online collaboration guidance, basic skills support, and community interaction. These services are intended to help more users access digital employment opportunities through the internet. This indicates that the company’s regional strategy is no longer limited to user growth, but is beginning to develop further toward a model combining community services and job conversion. It is worth noting that, as preliminary testing and collaboration have gradually progressed, user engagement in certain regions has already shown an upward trend. Market observers believe this indicates that the community collaboration model previously proposed by the platform is beginning to produce practical results. It also provides a foundation for the company to expand the scale of its regional operations. From a technical perspective, MacroMT will continue to rely on its existing data coordination and system management capabilities to dynamically allocate job information and user demand across different regions, with the aim of improving overall operational efficiency. MacroMT stated that it will continue to expand the coverage of its services in the Latin American market and promote the implementation of additional community cooperation projects. Through the development of community employment service centers, the company hopes to further increase regional user participation and provide long-term support for the local digital employment ecosystem. As regional job conversion efficiency and user engagement continue to increase, the company’s future performance in the Latin American market is expected to remain a focus of attention.
- July 23, 2026Medicine & Pharmaceuticals
Flavettes Celebrates Healthcare Heritage in Merdeka 2026 Campaign
Duopharma Biotech Berhad ("Duopharma Biotech" or "the Company") officially launched the Flavettes Merdeka 2026 campaign today, themed ‘Flavettes Setia Menemani Setiap Generasi’ and featuring a multi-prong collaboration with Tourism Malaysia, Watsons Malaysia and Kapten Batik. The launch event saw the attendance of Zuraini Abdul Ghani, Director of Package Development Division, Tourism Malaysia; Wan Amir-Jeffery Wan Abdul Majid, Group Chief Executive Officer, Duopharma Biotech; Noor Aida Jaafar, Chief Commercial Officer, Duopharma Biotech; Foo Hwei Jiek, Trading Director, Watsons Malaysia; Ekram Faiz, Director and Co-Founder, Kapten Batik; and Farhan Omar, Director and Co-Founder, Kapten Batik. Duopharma Biotech Group Chief Executive Officer Wan Amir-Jeffery Wan Abdul Majid remarked, “At Duopharma Biotech, we’re proud that Flavettes has been trusted by generations of Malaysians to support their health and wellness, captured in our Merdeka 2026 campaign theme ‘Flavettes Setia Menemani Setiap Generasi’. Today, after more than 30 years in the market, Flavettes offers more than just immunity support. In line with Duopharma Biotech’s aim of Providing Smarter Solutions for a Healthier Life, the brand has grown to include a wider Halal-certified portfolio of health, wellness, beauty, and skincare solutions, in various formats such as effervescent, chewable and powder in sachets, to suit the different lifestyles and preferences of modern consumers looking for a more holistic approach to well-being.”
- July 23, 2026Top Stories
Non-binding Proposal with Penske Corporation to Acquire Free-float Shares of Penske Automotive Group, Inc.
Main Contents Mitsui & Co., Ltd. (Head Office: Tokyo, President and CEO: Kenichi Hori) and its wholly owned subsidiary Mitsui & Co. (U.S.A.), Inc. (together, “Mitsui”), and Penske Corporation ("PC”), acting on behalf of itself and its wholly owned subsidiary Penske Automotive Holdings Corp. (collectively, the “PC-Mitsui Investors”), today, determined to submit and submitted a non-binding proposal (the “Proposal”) to acquire all of the free-float shares of common stock of Penske Automotive Group, Inc. (NYSE: PAG) (“PAG”). Attachment Non-binding Proposal with Penske Corporation to Acquire Free-float Shares of Penske Automotive Group, Inc. (PDF 226KB)
- July 22, 2026Blockchain
Uphold Launches Single Step Crypto-to-Equities Trading for 4,000+ U.S. Stocks and ETFs
Uphold , the infrastructure provider for on-chain finance, today announces the launch of a new equities service that gives U.S. customers access to more than 4,000 leading U.S. stocks and ETFs directly within the Uphold platform. Users can trade seamlessly between supported crypto assets and U.S. stocks and ETFs in one step within the same app – a user journey in stark contrast to the friction experienced on other platforms where users are required to convert funds between fiat currencies, cryptocurrencies or stablecoins; or to transfer funds across multiple platforms and accounts. The launch expands Uphold’s vision of a comprehensive financial experience, allowing users to access both traditional investments and digital assets from a single platform with a super-easy user experience. With equities on Uphold, users can access equity trading with no Uphold commission, and can purchase fractional shares rather than whole shares, where available. Investors can get started with as little as $5, subject to account approval, fractional-share availability, minimum-order requirements and applicable terms. Equity investing involves risk, including the possible loss of principal. “People want one app for all of their investing - crypto included,” said Nancy Beaton, President, Uphold U.S.. “Equities on Uphold is designed to make that real. Uphold customers can now sell Bitcoin to buy Berkshire Hathaway shares in a single step on the app – with no clunky currency conversions and without needing to transfer funds between stablecoins or cash balances.” Uphold expects to quickly expand to extended trading hours to 24 hours a day, five days a week, giving users access to trade pre-market, afterhours and overnight sessions. Users will then have flexibility to respond to international economic data. According to industry data, more than 160 million Americans now own stocks, representing approximately 62% of U.S. adults . At the same time, retail participation in digital assets continues to expand, driving demand for platforms that bring together traditional and blockchain-based financial products. About Uphold Uphold is a financial technology company that believes on-chain services are the future of finance. It provides modern infrastructure for on-chain payments, banking and investments. Offering Consumer Services, Business Services and Institutional Trading, Uphold makes financial services easy and trustworthy for millions of customers in more than 140 countries. Uphold integrates with more than 30 trading venues, including centralized and decentralized exchanges, to deliver superior liquidity, resilience and optimal execution. Uphold never loans out customer assets and is always 100% reserved. The company pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website ( https://uphold.com/en-us/transparency) . Uphold is regulated in the U.S. by FinCen and State regulators; and is registered in the UK with the FCA and in Europe with the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. Securities products and services are offered by Uphold Securities, Inc., a broker-dealer registered with the SEC and a member of FINRA and SIPC. Securities products, including fractional shares of U.S. listed equities, are offered through Uphold Securities Inc., a registered broker-dealer and member of FINRA ( www.finra.org ) and SIPC ( www.sipc.org ). Brokerage accounts are carried and cleared by Apex Clearing Corporation, also a member of FINRA and SIPC. SIPC protection applies only to securities held in your Uphold Securities brokerage account and covers the custody function if the broker-dealer fails. SIPC does not protect against the loss in market value of your investments. To execute a crypto-to-stock trade, your cryptocurrency will first be converted into U.S. Dollars by Uphold HQ, Inc. a U.S. Money Services Business, registered with FinCEN. You will be charged an exchange fee as indicated below. U.S. Dollar proceeds will then be moved to your brokerage account at Uphold Securities Corp., a U.S. broker dealer, Member FINRA and SIPC, where they will be used to buy TSLA stock. You will be charged a fee by Uphold Securities Corp. See Fee Schedule for more details. Uphold HQ, Inc. and Uphold Securities Corp. are separate but affiliated companies. Cryptocurrencies, precious metals, national currencies, and other non-securities assets are offered by Uphold HQ Inc., a separate affiliate of Uphold Securities Inc. Uphold HQ Inc. is not a registered broker-dealer and is not a member of FINRA or SIPC. Cryptocurrencies and other digital assets are not securities, are not held in your brokerage account, and are not protected by SIPC. Uphold Securities Inc. and Uphold HQ Inc. are affiliated companies under common ownership but operate as distinct legal entities. Securities and non-securities products are provided by the respective entity identified above. Disclaimer: Investing involves risk, including the possible loss of principal. Securities and cryptocurrency products are not bank deposits, are not FDIC insured, are not guaranteed by any bank or government agency, and may lose value. To learn more about Uphold’s products and services, visit uphold.com
- July 22, 2026Automotive
EXEED SIVP Embeds Safety into Every Step, from Recognition to Full Stop
In the rapidly evolving landscape of intelligent parking technology, the industry tends to fixate on functional boundaries first: autonomous spot-finding, remote summoning, and reduced user wait times. For EXEED, however, the core of SIVP (Super Intelligent Valet Parking) goes far beyond "letting the vehicle park itself." It is about ensuring that in low-speed, high-frequency, and complex real-world scenarios, the vehicle can execute every parking maneuver in a predictable and controllable manner. This approach breaks away from the conventional mindset in tech development — the inertia of "features first, safety later.” From day one, SIVP was designed with safety as a non-negotiable foundation, not an optional add-on. The precision of obstacle detection in low-speed scenarios, the braking redundancy when a pedestrian suddenly crosses the path, and the reliability of sensors in extreme conditions like high heat and dust — none of these are supplementary features added after the user experience. Rather, they are fundamental prerequisites that must be met before the feature can even exist. Parking lots are often perceived as low-speed, low-risk zones — but the reality is far more complex than it appears. Stationary vehicles, strolling pedestrians, temporary obstacles, narrow lanes, and even children chasing a football as they dart out from behind obstructions — these can emerge simultaneously within seconds. Under EXEED SIVP's functional architecture, the system assesses lateral clearance when encountering stationary vehicles or temporary obstructions to decide whether to steer around or pause for driver intervention. It maintains a safe following distance behind slow-moving pedestrians. When sudden risks arise — a child darting from behind an obstacle — the system prioritizes emergency braking above all else. Underpinning all of this is EXEED's fundamental understanding of redundancy: not merely about stacking hardware, but building sufficient safety margins across perception, decision-making, control, and responsibility boundaries — long before a critical moment arises. A vehicle must not only detect targets; it must also choose a more prudent strategy in uncertain environments. It must not only complete the parking maneuver, but also know when to stop decisively when conditions fall short. For SIVP, successfully pulling into a parking space is merely the outcome. How the vehicle safely reaches that parking space — that is the true core of the system's capability. This safety logic perfectly echoes EXEED's broader commitment to excellence, mirroring the top five-star Euro NCAP 2025 safety ratings earned by the EXLANTIX ES and ET from EXEED's premium EV lineup. EXEED's commitment to safety has never relied on strength in a single point. Instead, it is built upon a comprehensive framework that spans vehicle design, proactive risk anticipation, threat intervention, and collision protection. Therefore, SIVP is not just an isolated showcase of cutting-edge technology; rather, it is EXEED's safety philosophy seamlessly extended to the low-speed parking domain. From high-speed collisions to low-speed parking, from occupant protection to pedestrian safety, from structural integrity to intelligent braking — when it comes to safety, there are no secondary scenarios. With new SIVP-equipped EXEED models heading to the Middle East, the system will undergo rigorous localized validation in extreme heat and complex road conditions — guaranteeing performance that precisely aligns with the real-world environments of global users.
- July 22, 2026Business
Arāya Ventures Appoints Senior Leaders Across Advisory, Investments and Fund Governance
Arāya Ventures today announced a series of senior appointments across its Advisory Board, Investment Committee, and fund governance structures, marking a significant milestone as the firm expands its global platform across the UK, Europe, the GCC and Asia. Dame Alison Rose DBE has been appointed Chair of Arāya Ventures’ Advisory Board. One of the UK’s most respected financial leaders, Dame Alison brings decades of experience leading global financial institutions and driving growth at scale. Her appointment reflects Araya’s continued focus on building deep institutional connectivity as it grows internationally. She is joined on the Advisory Board by a distinguished group of seven leaders spanning asset management, policy, sovereign investment, and emerging technology including: Baroness Charlotte Owen , a former government adviser, brings a deep understanding of how new technologies are reshaping global policy frameworks and the impact this is having on innovation. Sheikh Dr Majid Al Qassimi , a recognised leader in sustainability and food security across the GCC, contributes deep expertise in investment strategy, regional market development, and long-term structural trends shaping the region. Sam Uddin , who holds a senior leadership role with Jada Fund of Funds, brings significant institutional perspective through his experience across global capital markets and his work with sovereign-backed investment platforms. And Johanna Rose Cabildo , CEO of D-GN and a board director of United Nations Next Gen, brings expertise in enterprise AI, data infrastructure, and the deployment of advanced technologies across global organisations. Emma Davies , CIO of Guys St Thomas and former Co-CEO of Octopus Ventures, has joined the Investment Committee of Araya Global Fund I, bringing extensive experience in venture investing and portfolio scaling. Joanna Dentskevich and Rob Savage have been appointed to the board of the JerseyGeneral Partner of the Arāya Global Fund I, further reinforcing the firm’s governance framework as it continues to attract institutional and cross-border capital. Both bring decades of experience across financial institutions, private equity, venture capital, and international fund structures. These appointments come as Arāya continues to scale a differentiated venture platform focused on backing the next generation of AI-native and globally scalable companies. The firm operates across multiple investment vehicles, including its three flagship funds and a growing global private investor community at House of Araya, enabling founders to access a highly engaged network of family offices and angel investors. Arāya began capital deployment in the final quarter of 2024 and has invested in 30 companies to-date including Aeon, Research Grid, Sanius Health and Beatpulse Labs, reflecting its focus on backing fast growth AI-native businesses addressing large, global markets which have already seen multiple mark-ups, acquisition approaches and revenue growth. Beyond capital, Arāya supports founders through a highly networked platform spanning institutional investors, enterprise relationships, and international growth ecosystems across the UK, Europe, the GCC, Asia, and the US. The firm has facilitated commercial introductions between portfolio companies and large enterprises, while also supporting founders on fundraising, strategic positioning, revenue acceleration and international expansion, including ecosystem engagement initiatives in San Francisco. Arāya also hosts founder masterclasses, investor showcases, and portfolio demo day events through initiatives including the Arāya Presents fundraising showcase series, reflecting the firm’s broader approach of combining capital with strategic support, institutional connectivity, and global network access from the earliest stages. These senior appointments reflect Arāya Ventures’ commitment to building a world-class venture firm with the governance, network, and conviction required to support globally ambitious founders from the earliest stages. “We are building Arāya to be a globally connected venture platform with the institutional depth, networks, and conviction required to back the next generation of category-defining companies. The calibre of leaders joining our advisory and governance structures reflects both the scale of that ambition and the opportunity we see ahead.” said Founder & Managing Partner, Rupa Popat.
- July 22, 2026Business
KIDZ AI Enters into $44.6 Million Definitive GPU Compute Services Agreement with Canopy Wave
KIDZ AI Inc. (“KIDZ AI” or the “Company”), a leading provider of live online learning and AI-powered education solutions, today announced that it has entered into a definitive 60-month enterprise AI compute services agreement with Canopy Wave, Inc., with an aggregate contract value of $44.6 million. The agreement is subject to the Company’s subsidiary placing a non-cancellable order for the GPU servers necessary to perform its services under the agreement. Canopy Wave is a leading AI inference platform specializing in the deployment of top-tier open models, uniquely optimized to run affordable AI breakthroughs – including Moonshot AI’s 2.8-trillion-parameter Kimi K3 and DeepSeek architectures – with industry-leading cost efficiency. Under the terms of the agreement, KIDZ AI’s wholly owned subsidiary, Catalyst Compute LLC, will order and deploy a dedicated cluster of 256 NVIDIA HGX B300 GPUs across 32 specialized GPU nodes, each equipped with dual Intel Xeon 6776P processors, 4TB of DDR5 memory, and ultra-fast 800Gb/s InfiniBand interconnectivity. A DIFFERENTIATED NEOCLOUD MODEL The agreement reflects how KIDZ AI seeks to differentiate its neocloud model from the broader field of GPU cloud providers: rather than deploying merchant capacity and competing on raw scale, the Company pairs infrastructure deployments with long-term contracted enterprise demand and purpose-builds for what it believes is one of the fastest-growing segments of the market – high-throughput, cost-efficient inference on open-weight frontier models. The Company believes recent market developments support this positioning. Open-weight models such as Kimi K3 have meaningfully narrowed the capability gap with leading proprietary models at substantially lower token cost, and KIDZ AI expects economic efficiency – cost per token, throughput, latency, and utilization – to become an increasingly important competitive differentiator as affordable AI expands the addressable market for compute. Canopy Wave’s capabilities across optimized inference, AI cloud services, and enterprise-grade GPU infrastructure align KIDZ AI with demand-side inference workloads, and the Company believes the partnership can serve as a repeatable template for future deployments. MANAGEMENT COMMENTARY “Today’s agreement is just the beginning of our journey with KIDZ AI,” said Tao Zhang, Chief Executive Officer of Canopy Wave. “We look forward to helping KIDZ AI scale additional GPU clusters and turn this infrastructure into powerful token factories for the enterprise AI market. By combining KIDZ AI’s next-generation compute platform with Canopy Wave’s optimized inference capabilities, we believe we can deliver secure, cost-efficient, enterprise-grade AI inference services with strong data privacy protections to enterprises across the United States.” “This milestone contract is an important step in KIDZ AI’s evolution into a broader AI technology and infrastructure platform,” said Stephanie Luo, Chief Executive Officer of KIDZ AI. “What we believe sets our neocloud model apart is pairing next-generation computing infrastructure with long-term contracted enterprise demand – a scalable commercial foundation rather than speculative capacity, and a model we aim to repeat across future deployments and partnerships.” “Cost-efficient open-weight models such as DeepSeek and Kimi are shifting the AI market from a race defined by raw scale to one increasingly defined by economic efficiency,” Luo continued. “Canopy Wave’s strength in optimized inference aligns directly with this shift, and we believe affordable AI will be one of the most powerful structural forces driving the next phase of adoption.” About Canopy Wave, Inc. Canopy Wave, Inc. is an AI inference and infrastructure company headquartered in Santa Clara, California. The company provides secure, scalable, and cost-efficient API access to open-weight AI models through its optimized inference platform and high-performance computing infrastructure. Canopy Wave supports a range of advanced model families, including Moonshot AI, DeepSeek, Qwen, and Zhipu AI, and serves AI developers and enterprise customers seeking high-throughput, low-latency inference capabilities. The company maintains SOC 2-certified data security and privacy controls. For more information, visit canopywave.com . About KIDZ AI KIDZ AI Inc. formerly known as Classover Holdings, Inc., is an AI-driven education technology company transforming live teaching experience into proprietary AI-powered learning systems. By integrating artificial intelligence, AI agents, and robotics, KIDZ AI is building global education infrastructure designed to make learning outcomes measurable, verifiable, and accessible across borders. The Company is strategically expanding into AI compute infrastructure, GPU cloud platforms, and data center ecosystems. Forward-Looking Statement This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on KIDZ AI’s current beliefs, expectations and assumptions regarding the future of KIDZ AI’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of KIDZ AI’s control including, but not limited to: KIDZ AI’s ability to execute its business model, including obtaining market acceptance of its products and services; KIDZ AI’s ability to obtain the GPUs necessary to perform its obligations under the definitive agreement with Canopy Wave and achieve its goals and expected results; KIDZ AI’s financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; KIDZ AI’s ability to maintain the listing of its securities on Nasdaq; changes in KIDZ AI’s strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; KIDZ AI’s ability to attract and retain a large number of customers; KIDZ AI’s future capital requirements and sources and uses of cash; KIDZ AI’s ability to attract and retain key personnel; KIDZ AI’s expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; the possibility that KIDZ AI may be adversely affected by other economic, business, and/or competitive factors; the risk that the price of any crypto asset, many of which have historically been subject to dramatic price fluctuations and are highly volatile, could fall substantially negatively impacting KIDZ AI’s financial condition and results of operations; regulatory changes related to crypto assets; and fluctuations in the price of crypto assets. These risks and uncertainties also include those risks and uncertainties indicated in KIDZ AI’s filings with the SEC. KIDZ AI’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by KIDZ AI in this press release is based only on information currently available to KIDZ AI and speaks only as of the date on which it is made. KIDZ AI undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
- July 22, 2026Business
Celebrating the 40th Anniversary of THE TRANSFORMERS: THE MOVIE: Rekindling the Legacy Through a Series of Special Events
In 1986, THE TRANSFORMERS: THE MOVIE rolled into theaters and proved that animated films can pull an emotional punch that can last across decades. To celebrate the film’s 40th anniversary and make it up to the fans, Hasbro is leaning into that shared experience with its playful, year-long “Apology Tour,” bringing fans together to grieve, heal, and reminisce together. Through commemorative products, creative collaborations and immersive fan experiences, Hasbro aims to help fans relive cherished memories and celebrate four decades of Transformers storytelling. Honoring a Classic with 40th Anniversary Products Many of the characters from THE TRANSFORMERS: THE MOVIE have become enduring symbols of the Transformers legacy, inspiring generations of fans around the world. To mark the film’s 40th anniversary, Hasbro has created a special collection of commemorative products that celebrate these beloved characters and the unforgettable moments they represent. The collection includes a range of products from the Studio Series - 86 Movie 40th Anniversary Edition, including Hot Rod, Starscream, Prowl and the Insecticons Multipack. The return of these iconic characters from the 1986 movie will invite fans to relive its unforgettable, action-packed story. In addition to the new product lineup, Hasbro China has organized a range of anniversary activities designed to deliver special surprises for fans and celebrate the lasting cultural impact of the Transformers franchise. Leadership Reborn: Design Co-Creation Program Rekindles the Spark of Transformers Culture in the East One of the most memorable moments in THE TRANSFORMERS: THE MOVIE was the death of Optimus Prime, a scene that has remained deeply emotional for fans over the past four decades. To commemorate the film’s anniversary, Hasbro China launched the “Spark Legacy, Leadership Reborn” Transformers Design Co-Creation Program, inviting creators to imagine a new chapter for the legendary Autobot leader. The Design Co-Creation Program brings together a select group of emerging designers, with participants organized into Professional and Student groups. Drawing inspiration from two themes deeply rooted in Eastern culture - Shan Hai Jing (The Classic of Mountains and Seas) and Xing Xiu Bian (Celestial Transformations) - participants are invited to reimagine Optimus Prime’s iconic form through original character designs. By combining the mythical creatures and ancient legends of Shan Hai Jing with the Twenty-Eight Lunar Mansions, a celestial system rich in philosophical symbolism and cosmic imagination, the program creates a striking fusion between Eastern cultural heritage and the technological aesthetics and mechanical design language of the Transformers franchise. The resulting works not only present bold new interpretations of Optimus Prime, but also offer Transformers fans and design enthusiasts a visually compelling celebration of creativity, culture, and innovation. The program also brings together a panel of industry experts and experienced professionals to provide professional guidance and evaluation for the designs. The lineup includes Sun Shiqian, widely recognized as the "Godfather of Chinese Mecha Design"; Wan Da De Museum, a prominent content creator; Kenneth Kwok, Product Designer, Product Development, Hasbro Asia; Wallace Yeung, Engineering Manager, Product Development, Hasbro Asia; Jim Li, Brand Manager, Marketing, Hasbro China; Da Sheng, Head of Toys & IP at JD.com; and Fernando Gao, Co-Founder and CEO of Zhongtian Xincheng. Transformers fans will also have the opportunity to participate in public voting, helping select their favorite designs and witnessing the creation of a new Eastern-inspired interpretation of Optimus Prime. “Created in celebration of the 40th anniversary of THE TRANSFORMERS: THE MOVIE, this program is both a tribute to the film and an exploration of what comes next,” said Jenny Chen, Head of Marketing, Great China, at Hasbro,. “We hope to bring together creators and fans to inspire new ideas and ensure the Transformers spirit continues to evolve for future generations.” Bringing Generations of Fans Together at Bilibili World 2026 To further enrich the 40th anniversary celebration, Hasbro China participated in Bilibili World 2026 from July 10-12 in Shanghai, presenting an immersive Cybertron-themed fan festival inspired by THE TRANSFORMERS: THE MOVIE. Drawing inspiration from the film, the exhibition recreated iconic settings including Autobot City, transporting visitors into the world of Cybertron and instantly rekindling memories of the classic movie. A replica of the “Matrix of Leadership” allowed fans to experience one of the film’s most memorable moments firsthand, while a special lion dance performance blending traditional Chinese culture with Cybertronian aesthetics brought a unique East-meets-West energy to the event. Live band performances featuring music inspired by the film and the “Cybertron Leaders Meet & Greet” further enhanced the experience, offering fans opportunities to celebrate the franchise through immersive entertainment and close interactions with their favorite characters. Alongside the fan experiences, a wide range of Transformers products attracted strong interest from visitors. Exclusive items for Bilibili World 2026, such as the Studio Series - 86 Movie Combiner Devastator Set and the Age of the Primes series - Aerialbots Combiner Superion Set, gained tremendous popularity, while limited-edition badge giveaways and other perks further fueled fans’ purchasing enthusiasm. Additionally, together with JD.com, Hasbro officially opened pre-orders for the “Studio Series Generation 1 Seeker Storm Pack,” sparking strong collector interest among enthusiasts. The Transformers Design Co-Creation Program also made its public debut at Bilibili World, presenting its orginal works together for the first time. The exhibition is expected to travel to additional locations, allowing more fans to experience these designs and witness the continued evolution of Transformers culture through Eastern-inspired creativity. According to Jenny Chen, Bilibili World provides an important platform for connecting with younger audiences and introducing the Transformers brand to a new generation of fans. In addition to its presence at Bilibili World, Transformers also participated in the 28th Shanghai International Film Festival, where the Dolby Vision edition of THE TRANSFORMERS: THE MOVIE received its global premiere at Shanghai Film Art Center. Together, these initiatives not only commemorate the film’s 40th anniversary, but also reflect Hasbro’s ongoing efforts to explore deeper collaborations between global entertainment IPs and local cultural and creative industries. Through these initiatives, Hasbro aims to deliver meaningful experiences for fans while contributing to the development of local culture, tourism, and entertainment. For forty years, the Transformers franchise has continued to evolve through creativity, innovation, and cultural storytelling. By embracing the exchange of ideas between East and West and continuously enhancing fan experiences, the brand has expanded beyond its origins to become a dynamic global franchise with enduring appeal. Just as THE TRANSFORMERS: THE MOVIE celebrated the passing of the Matrix of Leadership and the rise of a new generation of heroes, the Transformers franchise will continue to inspire new creators, new stories, and new possibilities in the years ahead. As the spark of creativity and imagination continues to be passed forward, the legacy of the Transformers brand will live on, and fans can look forward to even more exciting experiences as the 40th anniversary celebration continues.
- July 21, 2026Business
Maniformer CEO Maoqing Yao Outlines Three Barriers to Advancing Physical AI at WAIC 2026
On July 17, 2026, Maniformer today announced that its Chairman and CEO, Maoqing Yao, presented the company’s approach to addressing three key challenges in Physical AI—data scarcity, physical-world representation, and closed-loop learning—at the WAIC 2026 Embodied Intelligence Forum. During his presentation, Yao highlighted scalable data infrastructure and end-to-end learning systems as important enablers for the development and real-world deployment of general-purpose Physical AI. Co-hosted by AGIBOT and Maniformer, the forum brought together industry participants to discuss advances in embodied intelligence. Yao, who also serves as Partner, Senior Vice President, and President of the Embodied Intelligence Business Unit at AGIBOT, focused his remarks on the technical and data challenges affecting the development of Physical AI. Three Barriers Slowing Physical AI According to Yao, the next breakthrough in Physical AI depends on overcoming three fundamental challenges: Data bottlenecks , caused by the scarcity of large-scale, high-quality real-world interaction data. Representation challenges , which make it difficult for AI systems to accurately model and understand the physical world. Closed-loop learning limitations , preventing robots from continuously improving through real-world deployment. "Scaling models alone is not enough," Yao noted. "Physical AI requires a complete learning loop that connects data, models, simulation, deployment, and continuous optimization." Building an End-to-End Learning Framework To address these challenges, AGIBOT has developed an end-to-end technology framework spanning pre-training, mid-training, and scalable online post-training to optimize its Vision-Language-Action (VLA) models for generalist robots. This closed-loop system continually trains models across robot fleets to adapt to real-world environments while retaining general capabilities. Rather than relying on a single model architecture, the company's roadmap advances two complementary directions in parallel: Vision-Language-Action (VLA) models for embodied decision-making and World Action Models (WAM) for modeling physical interactions. These efforts are designed to converge into a unified World Reasoning Action Model (WRAM) that integrates perception, reasoning, and action within a single foundation model. Supporting this architecture is a large-scale training infrastructure that combines simulation, reinforcement learning, and distributed real-robot training, enabling continuous iteration across both virtual and physical environments. Data as the Foundation of Physical AI Yao emphasized that advances in model capability must be matched by advances in data infrastructure. "Without scalable, high-quality physical-world data, even the most advanced models will struggle to generalize in real-world environments," he said. To support large-scale Physical AI development, Maniformer has built an end-to-end data infrastructure spanning data acquisition, governance, management, and deployment . The ecosystem includes the MEgo series of data collection devices, the MEgo Engine data governance platform, and the AGIBOT WORLD real-world robot dataset. Together, these components form a layered data supply pyramid and a deployment feedback flywheel, allowing operational robot data to continuously improve future model training. This integrated model-and-data flywheel has already been validated in production environments, including large-scale deployment on consumer electronics manufacturing lines, where robotic task execution achieved up to a 99.99% task success rate in selected production scenarios. "Models determine where intelligence begins, but data determines where it can ultimately go," Yao said. "Only through a continuously evolving model-and-data flywheel can Physical AI overcome today's barriers and move toward general-purpose intelligence." As Physical AI continues to evolve from research to large-scale commercial deployment, Yao believes the industry's next breakthroughs will depend not only on stronger foundation models, but also on scalable data infrastructure capable of continuously improving intelligence through real-world experience. About Maniformer Maniformer is a world-leading Physical AI data infrastructure company providing end-to-end solutions for real-world data acquisition, governance, management, and deployment. Through its scalable data platform and global ecosystem, Maniformer helps organizations develop, deploy, and continuously improve intelligent robotic systems.
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