Category Archives: News

Nexteer Reports Record First-Half 2026 Results

Customer Wins, Technology Milestones and Digital Transformation Advance Motion Control Leadership

AUBURN HILLS, Mich., Aug. 12, 2026 /PRNewswire/ — Nexteer Automotive (HK 1316) today announced its 2026 interim results, reporting record first-half performance driven by above-market growth, strategic customer wins and continued advancement of next-generation motion control technologies. Revenue for the period was US$2.3 billion, up 4% compared with the first half of 2025, while total customer bookings reached US$3.3 billion. New and conquest business represented 43% of total bookings, and China domestic OEMs (COEMs) accounted for approximately US$1.0 billion, or 30%, reinforcing Nexteer’s position as a trusted motion control partner to OEMs across major global markets. As Nexteer marks its 120th anniversary, the company continues to build on its legacy of innovation while accelerating digital transformation to help OEMs improve speed, efficiency, quality and cost competitiveness in an increasingly complex mobility landscape.

“Nexteer continued to demonstrate strong execution in the first half of 2026, supported by customer momentum, technology advancement and operational discipline,” said Robin Milavec, President, Global Chief Operating Officer and Executive Board Director, Nexteer Automotive. “Our ability to deliver innovative motion control solutions across global markets positions us well to create long-term value for customers and shareholders while strengthening our competitive position for the future.”

First Half 2026 Financial Results

Nexteer’s first half 2026 financial performance reflected disciplined execution amid continued global market volatility. Revenue of US$2.3 billion was a record for the first half, representing a 4% year-over-year increase and outpacing the market by 180 basis points. Profitability increased primarily due to continued operating performance improvement. Adjusted EBITDA was US$263 million or 11.3% of revenue with EBITDA margin increasing by 100 basis points compared to the first half of 2025. Net profit attributable to equity holders was US$86 million, representing a 35% increase compared to the prior year. Free cash flow was US$109 million, nearly three times the level achieved in the prior year period, reflecting stronger earnings, disciplined capital allocation and improved cash conversion.

Product Launch & Bookings Highlights

Nexteer launched 28 new customer programs during the first half of 2026 across multiple product lines, customers and vehicle segments. Of these launches, 26 were tied to new or conquest business, reflecting Nexteer’s strong competitive position and ability to translate market demand for advanced motion control solutions into future revenue growth. Key milestones included the company’s first two Steer-by-Wire production launches in China and Mexico and its first High-Output Column EPS launch in China, reinforcing Nexteer’s leadership in advanced steering technologies. Seventeen launches supported fully electric vehicle platforms, further demonstrating the scalability of Nexteer’s portfolio across EV, ICE, and mixed-propulsion applications.

Nexteer secured US$3.3 billion in new customer program bookings during the first half of 2026, with 43% representing new or conquest business. These wins reinforce the strength of Nexteer’s global motion control portfolio and provide a solid foundation for future growth. Highlights included Nexteer’s first Rack-Assist EPS win in Europe, along with additional Steer-by-Wire and Column EPS wins with Chinese OEMs. China domestic OEM bookings totaled approximately US$1.0 billion, reflecting continued growth in this important market while demonstrating Nexteer’s ability to secure strategic programs across key global regions.

Technical and Innovation Leadership

Nexteer continued to advance its by-wire chassis control and motion control portfolio, including software, steering, braking and driveline technologies that help OEMs address electrification, automation, efficiency and enhanced vehicle dynamics. Together, these solutions reinforce Nexteer’s position as a full-system motion control partner for traditional, electrified and software-defined vehicle platforms.

• Advancing its Electro-Mechanical Braking (EMB) to market-readiness, further strengthening Nexteer’s full-stack motion control portfolio spanning steering and braking functions.
• Earned recognition as a 2026 Automotive News PACE Pilot Award Finalist for its High Mount Direct Drive Steer-by-Wire Handwheel Actuator (HMDD), highlighting the technology’s potential to enable greater vehicle design freedom, flexible steering placement, enhanced steering feel and next-generation driver experiences.
• Accelerated enterprise-wide AI and digital transformation initiatives to improve efficiency, speed, scalability and organizational agility, while strengthening Nexteer’s global manufacturing network through advanced automation, digital manufacturing technologies, manufacturing intelligence and AI-enabled analytics that enhance productivity, quality and operational visibility.

Operational Strength Through a Global Footprint

Nexteer continued to strengthen its global manufacturing and technical footprint to support customer demand, improve operational efficiency and enhance long-term competitiveness.

• Strengthened its position in the high-growth Asia-Pacific market with March grand opening of its new manufacturing facility in Rayong, Thailand. The plant began mass production of its first CEPS program in May.
• Expanded local development and validation capabilities through the Changshu test track expansion in China, enabling higher-speed vehicle testing and advanced dynamic evaluations across EPS, Steer-by-Wire and EMB systems while supporting faster response to regional customer needs.
• Maintained focus on global supply-chain optimization, improved inventory management and disciplined operational execution, all essential to margin improvement and long-term resilience.

“We are focused on strengthening Nexteer’s business for the long term by aligning our technology investments, customer growth opportunities and operational initiatives with the future of mobility,” said Milavec. “As we mark 120 years of innovation, our first-half 2026 results reflect the strength of our strategy, the dedication of our global team and our ability to help OEMs move faster, operate more efficiently and compete with confidence.”

For more information, visit www.nexteer.com.

FORWARD-LOOKING STATEMENTS

Any forward-looking statements and opinions contained within this press release are based on current plans, estimates and projections, and therefore involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements and opinions. Nexteer Automotive and its directors and employees assume (a) no obligation to correct or update the forward-looking statements or opinions contained in this press release; and (b) no liability in the event that any of the forward-looking statements or opinions do not materialize or turn out to be incorrect.

ABOUT NEXTEER AUTOMOTIVE

Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative portfolio supports by-wire chassis control, including electric and hydraulic power steering systems, steer-by-wire and rear-wheel steering systems, steering columns and intermediate shafts, driveline systems, software solutions and brake-by-wire. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for global and domestic OEMs around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Xiaomi, ChangAn, Li Auto, Chery, Great Wall, Geely, Xpeng and others. www.nexteer.com    

Link to Nexteer Media Center

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Context Labs Enters Multi-Year Agreement with Trafigura and Acquires Kinertic to Power Carbon-Informed Commodities Trading

Industrial AI platform will connect primary emissions data to operating entities and trading desks in oil, gas and metals across Trafigura’s global portfolio

AMSTERDAM, Aug. 12, 2026 /PRNewswire/ — Context Labs B.V. (“Context Labs”), the industrial AI infrastructure company, today announced three connected transactions with Trafigura PTE Ltd (‘Trafigura’): the acquisition of Agora (Europe) Limited and its Kinertic carbon-intelligence platform, developed by Trafigura; a strategic equity investment by Trafigura in Context Labs; and a multi-year master services and platform license agreement under which Trafigura will deploy the combined platform across its commodity trading desks, including oil, gas, and metals.

Kinertic provides commodity producers, traders and buyers with a carbon intelligence platform integrated into their existing systems, connected with trade capture systems to map flows, aggregate portfolios, and generate regulatory and customer reports. By bringing Kinertic into the Context Labs AI solution family and connecting it to its trusted data infrastructure, traders will be able to see price, volume, logistics, and trusted carbon metrics in a single environment, directly in the tools they already use. With the EU Carbon Border Adjustment Mechanism (CBAM) in its definitive phase, default emissions values translate directly into cost on every in-scope cargo. As the EU Methane Regulation moves from reporting to enforcement, methane intensity becomes a market-access prerequisite for gas, LNG, and oil flowing into the EU. Verified, trade-specific carbon data is now a procurement and trading requirement, not a reporting afterthought.

As part of the transaction:

• Context Labs has acquired Agora (Europe) Limited, the Trafigura subsidiary that owns and operates the Kinertic platform.
• Trafigura has separately made a strategic equity investment in Context Labs to support continued platform development and integration of the Kinertic capabilities.
• Context Labs and Trafigura have entered into a multi-year platform license agreement with Trafigura to license the platform across multiple commodity trading desks.

Context Labs provides the digital trust infrastructure to reliably monitor and calculate carbon-intensity data for commodities; from production through transport to end-market. Context Labs makes industrial AI and carbon programs trusted, by turning raw inputs into governed, audit-ready outputs that create measurable enterprise value in compliance and commercial markets.

“The opportunity isn’t in generating more data, it’s in bringing context to the data our customers already have,” said Dan Harple, Founder and CEO of Context Labs. “Where others see disconnected datasets, we see the foundation for a new intelligence layer. By bringing Kinertic together with Context Labs AI and our asset-grade data infrastructure, we turn fragmented inputs into connected, verifiable knowledge, so every output is traceable to source, reproducible in process, and credible to inform pricing, manage risk, and guide capital allocation.”

“Carbon is now a core dimension of market risk and opportunity,” said Hannah Hauman, Global Head of Carbon Trading at Trafigura. “Our traders need the same level of accuracy on emissions that they have on price and logistics. Trafigura has been privileged to support Kinertic’s evolution into an industry-leading carbon reporting and analytics platform since inception. We are confident that Context Labs will build on that strong foundation and drive the platform’s continued growth.” 

“This combination is about moving carbon from a reporting exercise into a core market signal,” said Pelle Sommansson, CEO and Co-founder of Kinertic. “Together with Context Labs, we are enabling a new level of transparency, where carbon intensity becomes a trusted, measurable attribute in how energy is valued and traded.”

For commodity producers, traders, financiers and buyers, the combined Context Labs–Kinertic offering delivers:

• Carbon-informed trading: portfolio analytics, trade-flow builders, and reports that quantify carbon and methane intensity across the commodity value chain, enabling differentiated pricing, structured deals, and improved hedging.
• Industrial AI at scale: an AI-ready, provenance-rich data layer that connects IoT, operational, third-party, and certification data into a single emissions and attributes layer.
• Regulatory and reporting readiness: standardized, auditable outputs for EU Methane Regulation, the Carbon Border Adjustment Mechanism (CBAM), and other relevant disclosure regimes, including end-to-end product carbon footprint reporting.

About Context Labs BV

Context Labs is an enterprise data infrastructure platform that transforms complex data into continuously proven information. Its AI-enabled software helps industrial organizations turn fragmented operational and emissions data into trusted, auditable, and decision-ready intelligence for carbon management, compliance, and commercial use. The company was formed out of MIT (Massachusetts Institute of Technology) research and is led by a team that has been instrumental in the at-scale growth of the Internet through prior companies. Context Labs is located in Amsterdam, Cambridge, Mass., and Houston. Learn more at www.contextlabs.com

About Trafigura

Trafigura provides critical resources to the world. Founded over 30 years ago and owned by its employees, the Group is at the heart of global supply, using its deep understanding of commodity markets to make supply chains more efficient, secure and sustainable.

Working across a global network, the Group deploys infrastructure, logistics, financing and market expertise to move energy and commodities from where they are produced to where they are needed. By connecting producers and consumers, we bring resilience and trust to complex supply chains.

The business supplies the energy and commodities the world needs today, including oil and petroleum products, metals and minerals, gas and power, while investing in lower-carbon solutions for the future.

The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, fuel supplier and distributor Greenergy, and the Impala Terminals joint venture. The Group employs approximately 14,500 people, of which more than 1,400 are shareholders, and operates in over 150 countries.

Visit: www.trafigura.com

Media Contact

Organization: Context Labs

Email: press@contextlabs.com

Phone: 1-617-902-0932

Web: contextlabs.com/resources

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Cypherpunk Technologies Reports Second Quarter 2026 Financial Results

CAMBRIDGE, Mass., Aug. 12, 2026 /PRNewswire/ — Cypherpunk Technologies Inc., (Nasdaq: CYPH) (“Cypherpunk”), today reported financial results for the second quarter ended June 30, 2026.

“In the second quarter, Cypherpunk built upon the momentum established earlier this year through the disciplined execution of our Zcash digital asset treasury strategy, increasing our treasury holdings to 323,394.38 ZEC, and welcoming Dev Ojha, founder of Valar Group, as an Advisor,” said Douglas E. Onsi, President and CEO of Cypherpunk Technologies. “Our Leap Therapeutics subsidiary reached alignment with the FDA on a proposed Phase 3 trial in a DKK1-high, second-line, metastatic colorectal cancer population, with objective response rate as the primary endpoint to support accelerated approval and overall survival to support full approval in the United States and registration globally. We are conducting a strategic process to determine the best path to advance sirexatamab, whether as an independently financed spin-out company or with a partner who shares our commitment to cancer patients.”

“In an increasingly AI-driven economy, the demand for true privacy is moving from a technical preference to a civilizational necessity. Our execution in the second quarter reinforces Cypherpunk’s conviction in Zcash as a foundational monetary asset. By growing our ZEC treasury, expanding our world-class advisory team, and continuing to back core infrastructure developers like ZODL, we are systematically positioning Cypherpunk to capture the long-term value of digital privacy adoption,” said Will McEvoy, Chief Investment Officer of Cypherpunk.

Cypherpunk Highlights:

• Zcash treasury holdings increased to 323,394.38 ZEC
  • As of August 11, 2026, Cypherpunk held a total of 323,394.38 ZEC at an average purchase price of $341.83, representing approximately 1.92% of the total circulating supply of the Zcash network.
  • ZEC is a digital currency that can be transmitted over a peer-to-peer payment system. Zcash uses a cryptographic method called “zero-knowledge proofs” to allow users to engage in financial transactions while maintaining greater privacy.
• Dev Ojha Appointed as an Advisor
• • Cypherpunk appointed Dev Ojha, the founder of Valar Group, a leading development and research team focused on the Zcash Network, as an Advisor. Valar Group has taken a significant role in developing Zakura, a high-performance full node software designed for massive scalability of Zcash, and on the Ironwood shielded pool. Dev also serves as an official ZIP Editor for Zcash protocol standards. Cypherpunk’s Advisory Team also includes: Arjun Khemani, Zcash key opinion leader; Josh Swihart, CEO of ZODL; Jeff Tiller, Chief of Staff of Gemini; and Zooko Wilcox, Founder of Zcash and Chief Product Officer at Shielded Labs.

Leap Therapeutics Subsidiary Highlights:

• Publication of randomized Phase 2 DeFianCe study in Clinical Cancer Research
  • Leap Therapeutics announced the publication of results from the randomized Phase 2 DeFianCe (NCT05480306) study of sirexatamab (DKN-01), an anti-DKK1 monoclonal antibody, in Clinical Cancer Research. The publication, “Sirexatamab in Combination with Bevacizumab and Chemotherapy as Second-Line Therapy for Advanced Colorectal Adenocarcinoma: the Phase II DeFianCe Trial,” reported the complete efficacy, safety, and biomarker analyses from the study and details the statistical basis for the DKK1 biomarker finding.
  • The peer-reviewed analyses establish that, while the prespecified primary endpoint was not met in the intent-to-treat population, the benefit of sirexatamab increases as a patient’s baseline plasma DKK1 level rises — a relationship confirmed by independent statistical approaches and reinforced by the observation that high DKK1 predicts poorer outcomes on standard of care alone. Together, these findings define DKK1-high metastatic colorectal cancer (mCRC) as a biologically distinct population with high unmet need.
• Reached FDA alignment on registrational Phase 3 trial in DKK1-high colorectal cancer
  • Leap Therapeutics held a Type C meeting with the FDA to discuss the DeFianCe results and proposed registrational path for sirexatamab in DKK1-high, second-line mCRC. Leap presented its proposed Phase 3 trial design, and the FDA provided feedback supporting key elements of that design, including the use of a DKK1 biomarker-selected patient population and a dual-endpoint structure intended to support both accelerated and full approval.
  • Leap Therapeutics reached alignment with the FDA on a randomized, controlled Phase 3 trial evaluating sirexatamab in combination with investigator’s-choice fluoropyrimidine-based chemotherapy (FOLFIRI or mFOLFOX6) plus bevacizumab, compared with chemotherapy and bevacizumab alone. Approximately 270 patients with mCRC whose disease has progressed following one prior line of systemic therapy prospectively identified as DKK1-high using a baseline plasma DKK1 assay cut point are expected to be enrolled and randomized 1:1. Potential accelerated approval in the United States could be determined by objective response rate (ORR) in an initial group of approximately 160 patients, and overall survival (OS) will be evaluated in the full study population intended to support a filing for full approval in the United States and to support registration in markets outside the United States.
  • A blood-based companion diagnostic would be developed in parallel to identify DKK1-high patients in routine clinical practice.
• Sirexatamab received Fast Track designation from FDA
  • In May 2026, the FDA granted Fast Track designation to sirexatamab in combination with fluoropyrimidine plus oxaliplatin- or irinotecan-based chemotherapy and bevacizumab, for the treatment of patients with DKK1-high mCRC whose disease has progressed following one prior systemic therapy.
  • The Fast Track program is intended to facilitate the development and expedite the review of drug candidates and vaccines that treat serious conditions and fill an unmet medical need. Programs with Fast Track designation may benefit from frequent communication with the FDA, in addition to a rolling submission of the marketing application.
• Business update
  • Leap Therapeutics has initiated a strategic process to identify the best path forward for sirexatamab and to secure the resources required to advance the program into Phase 3 development. The process is expected to consider a range of alternatives, which may include financing the program as an independent entity, or a strategic transaction with a pharmaceutical or biotechnology company, including a partnership, license, collaboration, sale, or other business combination.
  • There can be no assurance that the strategic process will result in any transaction or financing, or that any transaction or financing that is completed will be on terms favorable to the Company or its stockholders. The Company has not set a timetable for the conclusion of the process and does not intend to disclose developments unless and until it determines that further disclosure is appropriate or required.

Selected Second Quarter 2026 Financial Results

Net income was $39.4 million, or $0.18 per diluted share, for the second quarter of 2026, compared to a net loss of $16.6 million for the second quarter of 2025. The change was primarily due to a $46.0 million unrealized gain on the fair value of the Company’s ZEC treasury holdings during the second quarter of 2026, which are marked to market at the end of each period. During the second quarter of 2026, the price of ZEC increased from $243.35 to $400.09.

Research and development expenses were $0.2 million for the three months ended June 30, 2026, compared to $10.5 million for the same period in 2025. The decrease was primarily due to a decrease in clinical trial and manufacturing expenses due to the completion of the clinical trials, together with a decrease in payroll and related expenses associated with the 2025 reduction in force.

General and administrative expenses were $4.5 million for the three months ended June 30, 2026, compared to $1.8 million for the same period in 2025. The increase of $2.7 million for the three months ended June 30, 2026 was primarily due to a $1.7 million increase in stock-based compensation related to restricted stock units granted to general and administrative employees and directors in the fourth quarter of 2025, a $0.8 million increase in payroll and related expenses, and a $0.2 million increase in professional fees.

During the three months ended June 30, 2026, the Company recorded a $46.0 million unrealized gain on the change in fair value of the Company’s ZEC treasury holdings as the price of ZEC increased during the second quarter of 2026 from $243.35 to $400.09.

Cash and cash equivalents totaled $7.6 million on June 30, 2026, and ZEC treasury holdings, categorized as digital asset receivable, totaled $129.4 million based on the ZEC price of $400.09 on June 30, 2026.

About Cypherpunk

Cypherpunk Technologies is a privacy technology company. The Company’s mission is to advance technologies that guarantee privacy for humans on the internet. Cypherpunk pursues this mission through two primary strategies: accumulating Zcash (ZEC); and investing in, acquiring, and building technologies that push the frontier of privacy forward. Additionally, through its subsidiary Leap Therapeutics, the Company is developing novel therapies for patients with cancer, continuing the development of sirexatamab and FL-501. For more information about the Company, visit our websites at http://www.cypherpunk.com and http://www.leaptx.com or view our public filings with the SEC that are available via EDGAR at http://www.sec.gov.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Forward-looking statements address various matters including statements relating to the value of the Company’s ZEC holdings, the investment in Zcash Open Development Labs (“ZODL”), or digital assets held or to be held by the Company, the expected future market, price, and liquidity of ZEC or other digital assets the Company acquires, the macro and political conditions surrounding Zcash or digital assets, the Company’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other corporations in similar business strategies, technological and market trends, and future financial condition and performance. Risks and uncertainties of the digital asset treasury strategy include, among others: (a) risks relating to the Company’s operations and business, including the highly volatile nature of the price of ZEC; (b) the risk that material changes in the price of ZEC, such as decreases in price, will result in significant changes to the Company’s financial statements, such as unrealized losses on fair value of ZEC holdings and net loss; (c) the risk that the price of the Company’s common stock may be highly correlated to the price of ZEC; (d) the risk that the Company will fail to realize the anticipated benefits of the ZEC digital asset treasury strategy or the investment in ZODL; (e) risks related to the custody of our ZEC and our reliance on Gemini Space Station and its affiliates for trading and custody services; (f) changes in business, market, financial, political and regulatory conditions; (g) risks related to increased competition in the industries in which the Company does and will operate; (h) risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; (i) risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; and (j) the Company’s ability to comply with the continued listing requirements of the Nasdaq Capital Market.

With respect to our biotechnology operations, important factors that could cause actual results to differ materially from our plans, estimates or expectations could include, but are not limited to: (i) the DeFianCe study did not meet its prespecified primary endpoint of progression-free survival in the intent-to-treat population; (ii) the DKK1 biomarker subgroup and interaction analyses were exploratory, were based on a limited number of patients, were not adjusted for multiplicity, and may not be replicated in a prospective clinical trial; (iii) the impact of imbalances between treatment arms in the DKK1 subgroups; (iv) the risk that alignment with the FDA on trial design does not constitute agreement that any trial will succeed or that any marketing application will be accepted or approved, and the FDA may change its position at any time; (v) accelerated approval, if pursued, requires that the surrogate endpoint be reasonably likely to predict clinical benefit and is subject to confirmatory trial requirements and possible withdrawal if such requirements are not satisfied; (vi) the Company’s ability to initiate or complete the Phase 3 trial on the anticipated timeline or at all; (vii) the Company’s ability to obtain additional capital to advance sirexatamab on acceptable terms or at all; (viii) that risk that the strategic process may not result in any transaction or financing, may be terminated at any time, and any resulting transaction may not be on terms favorable to the Company or its stockholders; (ix) the Company’s ability to develop and validate a companion diagnostic; (x) the success of competing therapies; (xi) the Company’s ability to secure manufacturing capacity for sirexatamab; and (xii) the Company’s ability to maintain and protect its intellectual property rights.

New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. The Company may not actually achieve the forecasts disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. Such forward-looking statements are subject to a number of material risks and uncertainties including but not limited to those set forth under the caption “Risk Factors” in the Company’s most recent Annual Report on Form 10-K filed with the SEC, or as may be included in other reports or information we file with the SEC, as well as discussions of potential risks, uncertainties, and other important factors in its subsequent filings with the SEC. Any forward-looking statement speaks only as of the date on which it was made. Neither the Company, nor any of its affiliates, advisors or representatives, undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof.

CONTACT:

Douglas E. Onsi

President & Chief Executive Officer

Cypherpunk Technologies Inc.

617-714-0360

For Investors:

Matthew DeYoung

Investor Relations

Argot Partners

212-600-1902

leap@argotpartners.com

For Media:

Jacqueline Ortiz Ramsay

It Factor Strategies

954-294-3249

jacqueline@itfactorstrategies.com

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HTX Releases July Performance Report: TradFi Zone Evolves, Reaching Record Daily Trading Volume

APIA, Samoa, Aug. 12, 2026 /PRNewswire/ — As market narratives shift rapidly, investors increasingly demand broader asset allocation and higher capital efficiency. The ability to capture market opportunities instantly, alongside solid product offerings, earnings, and services, serves as the most direct benchmark for evaluating a trading platform. In July 2026, staying true to its “User First” principle, HTX delivered a multi-dimensional performance report marked by a 15% month-to-month growth in new registered users, driven by continuous optimization across listings, trading tools, earning products, campaign operations, and ecosystem building.

Expansion of TradFi Zone Drives Surging Trading Volume

This month, HTX continued to scale its Futures listings, launching 56 new assets, including 51 trending stock contracts. The listings are tightly focused on four high-demand sectors: commodities, precious metals, AI chips, and memory. HTX has carefully selected the core assets that attract the most market attention, balancing strong growth potential with resilient defensive characteristics. AI and semiconductors emerged as the dominant narratives in July, with key memory and computing assets such as SKHYNIX and SKHY (SK Hynix), MU (Micron Technology), and SNDK (SanDisk) going live consecutively, helping users flexibly capture market momentum. Currently, the platform supports 170 TradFi assets, covering US individual stocks, ETFs, and Pre-IPOs, maintaining a leading industry position in individual US stock coverage. Users can trade global core assets seamlessly on HTX, all in one place, without the need to switch between platforms.

Alongside asset expansion, the trading experience underwent continuous optimization. In July, HTX Futures completed deep adaptations for TradFi, optimizing index sources and funding rates to align stock contract pricing more closely with real market conditions. The website version launched a dedicated TradFi navigation tab, making it easier for users to locate stock targets. Furthermore, the Stock Contract Rebase feature is scheduled to launch in Q3, which will further upgrade the trading experience.

This was followed by a surge in trading volume. At the end of July, the daily trading volume of the HTX TradFi zone hit a historical high, surging more than 10x over the June daily average. The cumulative TradFi trading volume reached approximately $2.5 billion.

Beyond refining TradFi futures trading, HTX is expanding the integration of traditional finance and crypto markets. As RWAs, particularly tokenized stocks, gradually become a major global trend, HTX continues to monitor international regulatory dynamics, studying regulatory frameworks and compliance pathways to prepare for future product innovations and global expansion.

Copy Trading & Trading Bots Grow; Trailing Grid Officially Launched

Despite recent pressure in the crypto market, HTX’s two automated futures trading businesses defied the market trend to achieve strong growth: July copy trading volume soared by 184% MoM, Futures trading bot volume grew by 9% MoM, and the platform’s daily average position value increased by 7%.

The growth in copy trading stems from the development of the trader ecosystem. The platform continuously optimized its leaderboard mechanism, attracting and retaining quality traders to steadily expand the talent pool. This provided users with richer, more professional copy trading choices, boosting both yield experiences and user trust.

In terms of grid trading tools, the Trailing Grid feature officially launched in July, allowing grid intervals to dynamically adjust with market movements. This helps users capture volatility gains more intelligently in choppy markets. The initial order-placement mechanism for Futures Grid was simultaneously upgraded to a limit order, effectively compressing slippage losses caused by market fluctuations and improving the long-term yield performance of grid bots.

Multiple trading experience optimizations were also implemented for high-frequency user scenarios. A one-click close feature for dual-direction positions on the same trading pair allows users to close positions with a single click during fast-moving markets. Risk control models and trigger rules were optimized, further strengthening protection against negative balances under extreme market conditions. The newly launched Futures Event Center consolidates various futures event entries into a single page, eliminating the need to jump between multiple tabs.

Earn Subscriptions Exceed $290M; Lending System Comprehensively Upgraded

Capital efficiency remains a top concern for long-term holders. In July, HTX Earn recorded nearly 28,000 participating users with total subscription volume exceeding $290 million. Stablecoins remained the most popular choice. Flexible Earn products for USDT, USDD, and USDC attracted over 20,000 participants with continuously competitive returns, driving subscription volumes close to $250 million. Tailored for Prime 5 and above clients, the BTC VIP Flexible Earn product was launched, offering 1% APY. Combined with the previously launched USDT VIP Flexible Earn product, major clients gained broader options for long-term asset allocation.

Lending services introduced innovative mechanisms. Collateral Swap launched the TRX on-chain energy arbitrage feature. Users stake BTC, ETH, or USDT to borrow TRX, deposit it into TRON Stake 2.0 to generate and lease energy, and secure high annualized yields. At the same time, limited-time low-interest loan options were rolled out for popular assets including XAUT, HYPE, ONDO, and AAVE, further lowering financing costs for holders. HTX’s Liquidity Boost continued to provide large-scale lending services to global top-tier market makers and institutional clients. Supporting multiple assets such as TRX and USDT, it offers customized solutions for clients with super-large volume demands, featuring higher TVLs and softer liquidations.

Celebrating the World Cup Online & Offline: SVIP Trip Reshapes Service Experience

The 2026 FIFA World Cup was July’s most globally watched event. Capitalizing on this trend, HTX launched a World Cup prediction campaign featuring a total prize pool of 500,000 USDT, covering predictions on champion, match outcomes, and goal tallies, adding an extra layer of engagement for global users. The campaign attracted nearly 13,000 registered participants, who cast over 180,000 prediction votes, driving a trading volume approaching $170 million.

Beyond online engagement, HTX brought SVIP clients straight to the World Cup venue. To thank core clients for their long-term companionship and support, HTX hosted an exclusive VIP tour during the quarter-finals, offering stadium VIP boxes and customized itineraries, allowing SVIP clients to experience the passion of the World Cup firsthand.

Genesis Hackathon Concludes Successfully; $HTX Utility Expands

In July, the Genesis Hackathon, co-hosted by HTX DAO and B.AI, drew to a successful close. As a core part of the HTX DAO Genesis Program, this hackathon focused on the AI and Web3 track, attracting over 200 developer teams to explore quality projects across AI agents, AI trading, AI payments, AI wallets, and DeFi. It connected global developers, investment institutions, and ecosystem partners to continuously enrich the innovative ecosystem of HTX DAO.

This July, HTX launched the inaugural TradFi “Trade to Earn” event. Users not only traded TradFi contracts with negative fees, but also saw 100% of their trading fees being allocated to the buyback and burn of $HTX, supporting its long-term value stability. The first round achieved a trading volume exceeding 63 million USDT, returning over 1.8 billion $HTX in fees to users. The second round of TradFi “Trade to Earn” is currently underway.

The 13th Anniversary Approaches: More Surprises Are on the Way

Looking back at July, every initiative by HTX pointed to a single core objective of delivering a better user experience.  HTX is about to usher in its 13th-anniversary celebration, with numerous exciting events right around the corner to reward new and existing users for their trust and support. Over the past thirteen years, HTX has navigated through bull and bear cycles alongside global users, experiencing the industry’s ups and downs. Moving forward, the platform will continue to embed “User First” into every detail, providing every user with a more complete, secure, and diverse digital asset participation scenario.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square, and follow HTX on X, Telegram, and Discord.

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Chandigarh University’s Architecture Students Secure 217 Placements in Leading Architecture Firms

Architecture Students Placed in Leading Firms Shapoorji Pallonji, Mahindra & Mahindra, Stonex & Tata Consulting Engineers; Students Secure Package of ₹12 LPA

University students launch 5 Entrepreneurial architect Ventures

CHANDIGARH, India, Aug. 12, 2026 /PRNewswire/ — The rapidly evolving architecture, construction, infrastructure and design sectors have given rise to the demand for specially trained professionals who can combine their design thinking with technical competence, practical exposure and industry readiness.

Aligned with the evolving needs of the architecture and built-environment sector, the University Institute of Architecture (UIA) at Chandigarh University has integrated industry exposure and experiential learning into its Bachelor of Architecture programme with 217 students securing placements over the last four years.

The placement performance of students of Architecture at Chandigarh University has remained consistently strong with 52 students placed from the 2023 batch, 49 from the 2024 batch, 56 from the 2025 batch and 60 from the 2026 batch, reflecting a steady rise in the number of graduates entering professional careers. The department has also recorded a highest annual package of ₹12 lakh, showcasing the professional competence and industry acceptance of its graduates.

The UIA students have secured opportunities with leading organisations across architecture, infrastructure, construction, design, real estate and allied sectors, including Tata Consulting Engineers, Shapoorji Pallonji, Mahindra & Mahindra, Stonex, FivD, Intec Infra, Damsun India, The Wave Group, Confluence Consultancy Services, Sanrachna Builders, CtrlS Group of Companies and Gauri Khan Design, among others.

Among the most notable placement achievements, Satyabrata Mohanty, one of the students at UIA, Chandigarh University secured a position as Junior Architect with CtrlS Group of Companies with an annual package of ₹12 lakh, emerging as one of the highest paid UIA graduates. Riya Thakur secured a job offer from Stonex at an annual package of ₹9 lakh while Gantavya joined Intec Infra at ₹7.20 lakh per annum. Shriyanshi Tiwari secured an opportunity with FivD, while several other graduates have obtained positions with leading architecture, infrastructure and design organisations.

The department’s placement engagement with industry has included Tata Consulting Engineers in 2023; Sanrachna Builders and Cargaison Express in 2024 and India Eye Institute (MAQ Software), Mahindra & Mahindra, Sanrachna Builders, Confluence Consultancy Services, Cosmo Sunshield, Arkance, Damsun India, Homevista Decor and Furnishing (HomeLane) and Stonex India in 2025. The 2026 placement cycle further saw participation from DLF, Value Drive Technology, The Wave Group, Cosmo Sunshield, Studiokon Venture, Gold Plus Glass Industry, FivD, Stonex, UltraTech and Intec Infra. UIA graduates are working as architects, senior architects, project architects, designer architects and junior architects across cities including Delhi, Gurugram, Mumbai, Pune, Bengaluru, Ludhiana, Chandigarh and Mohali among others.

Graduates have also moved into leadership and multidisciplinary roles, with Shubham Popli serving as CEO of ARC 18 and several alumni establishing their own professional ventures. Berisha Peral is working as Senior Architect with Tata Consulting Engineers in Bengaluru at a current package of ₹7 lakh while Arshi Nigam, also associated with Tata Consulting Engineers, is working as Senior Architect in Ludhiana at ₹7 lakh. Gunjan is working as Designer Architect with Spacewood in Delhi at ₹9 lakh, while Vedant Tandon is serving as Project Architect with Shapoorji Pallonji in Pune at ₹7 lakh. Shreyash Sachdeva has progressed to the position of Senior Architect at Gauri Khan Design in Mumbai with a current package of ₹12 lakh. UIA’s placement outcomes are complemented by a strong emphasis on mandatory professional internship, with the 24-week internship providing students an opportunity to gain hands-on exposure to professional architectural practice, government organisations and multidisciplinary consultancies. A total of 99 students completed their internships in 2025 and 2026.

Among other notable student achievements, Khushi Garg, one of the students received Best Thesis Award at the Zonal NASA Competition for her thesis ‘Subhuti – Rehabilitation Center for Women in the serene realm of Vrindavan’, emerging as the winner amidst entries from more than 40 architecture institutions.

Another notable student project, Deepti Goel’s ‘Azure Ramganga Promenade’, was presented to the Mayor of Bareilly where it received wide appreciation and was subsequently referred to the Tourism Department for consideration. The project was also featured in the Ethos Empowers Thesis Feature 2026.

Biswajit Das, recipient of the Indian Institute of Architects (IIA) Medal 2025 for Best Outgoing Student, has established himself as the Co-founder of ARKASA – Space Architecture Design Research Labs and serves as an ISRO Space Tutor.

Beyond conventional architectural sector, Chandigarh University students have also entered government service with Jaspreet Singh, Anurag Kumar and Mohit Kapoor joining the Indian Army, with Mohit Kapoor serving as a Lieutenant and Jaspreet Singh serving as a Captain.

The entrepreneurial achievements of students of Architecture department of Chandigarh University further strengthen the institute’s emphasis on independent professional practice and innovation. The graduates from UIA department including Kalava, Biswajit, Arkajit, Anurag and Rahul Garg have established or are associated with professional ventures such as Terra Space Studio, ARKASA (Space Architecture), The Form & Void Studio, The Vastushilpa and Dwarabyra.

The institute continues to strengthen academic and professional engagement through collaborations with leading organisations and professional bodies including the Indian Green Building Council (IGBC), ASHRAE, Indian Institute of Architects (IIA), Punjab Energy Development Agency (PEDA), Arkance, NPC India and Architectural Preservation Studio, New York. These collaborations provide students and faculty opportunities for professional development, research, industry interaction, exposure to emerging practices and international academic engagement.

The combination of sustained placement performance, structured professional internships, industry-led recruitment, design achievements, entrepreneurial initiatives and professional collaborations has strengthened the University Institute of Architecture’s focus on preparing graduates for the evolving demands of the architecture and built-environment sector. With graduates progressing across architecture firms, infrastructure companies, corporate organizations, government services and independent design practices, UIA continues to expand the career opportunities available to its students.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/

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Mana Unveils The Right Life’s Forest Province with ₹3,101 Crore GDV, Strengthening Its Nature-Led Luxury Portfolio in Bengaluru

~A thoughtfully designed 10-acre residential province centred around a 1+acre urban forest, blending community living, green spaces, and contemporary high-rise design~

BENGALURU, India, Aug. 12, 2026 /PRNewswire/ — As homebuyers increasingly seek residences that go beyond conventional apartment living, there is a growing preference for integrated townships that offer a balanced lifestyle combining nature, community, safety, and long-term value. In Bengaluru, this shift is driving demand for developments that seamlessly integrate green spaces, social infrastructure, and modern conveniences within a single, cohesive ecosystem.

Aligned with this evolving aspiration, Mana Skanda has launched Forest Province, a premium 10-acre residential enclave within The Right Life, a large master-planned township. With an estimated Gross Development Value (GDV) of ₹3,101 crore, the project will comprise approximately 1,052 Units with a total saleable area of around 2,434,025 sq. ft. Envisioned as a private and serene province within a vibrant urban ecosystem, Forest Province brings together nature-led planning, high-rise living and community-focused design.

An Integrated Address Within a Larger Ecosystem

Strategically positioned within a 100+ acre integrated development, Forest Province offers residents the advantage of living within a well-connected and self-sustained environment. Located close to the township’s grand entrance and upcoming office developments, the enclave ensures enhanced live-work convenience while maintaining a sense of exclusivity and privacy.

East Bengaluru’s Next Phase of Residential Evolution

Once driven primarily by IT-led growth, East Bengaluru has transformed into a well-rounded residential corridor supported by strong social infrastructure, educational institutions, healthcare facilities, and retail destinations. This evolution continues to attract homebuyers seeking integrated communities that offer both connectivity and a high quality of life.

Commenting on the launch, D. Kishore Reddy, CMD, Mana Projects, said: “Forest Province is envisioned as a space where residents can reconnect with nature without stepping away from the city. With the central forest, pedestrian-first design, and thoughtfully planned community spaces, the development reflects our belief that modern luxury lies in creating environments that are calm, connected, and designed for long-term well-being.”

A Forest-Led Living Experience

At the heart of Forest Province lies a 1+ acre ground-level forest—an expansive green zone equivalent to nearly 15 tennis courts—designed as a living ecological core. With over 1,000 trees, shrubs, and plants, the forest is curated to reflect natural biodiversity, creating a dense, evolving habitat that enhances air quality, visual appeal, and overall well-being. Inspired by the Miyawaki forest approach, the dense green cover also helps create a cooler, quieter microclimate while bringing nature closer to everyday living. This nature-first approach extends across the development through landscaped zones and open spaces, creating a seamless connection between residents and their surroundings.

High-Rise Living, Reimagined for Space and Light

Forest Province features eight residential towers rising up to 33 floors, with just four residences per floor, ensuring privacy and exclusivity. The homes comprise large-format 3, 3.5 & 4BHK configurations ranging from approximately 1,700 to 2,800 sq. ft., designed to maximise space, natural light, and ventilation. Contemporary layouts, larger windows, and refined interiors offer a living experience that balances comfort with functionality.

A key highlight of the development is its vehicle-free podium design, which prioritises safety, walkability, and cleaner living environments. Vehicular movement is directed to basement levels through dedicated ramps, allowing the podium to remain free of traffic, creating quieter and more community-friendly spaces. Carefully planned circulation ensures smooth movement for both pedestrians and vehicles.

A Multi-Layered Club and Lifestyle Offering

Spanning over 46,000 sq. ft., the development offers three distinct clubhouses designed to cater to diverse lifestyle needs:

1. Club One: A ground-level clubhouse integrating indoor recreation, swimming pool access, and direct connection to the central forest
2. Sky Club: An elevated lifestyle space offering panoramic views, thoughtfully divided into:
3. Sun Club: Fitness, co-working, and wellness spaces including gym, yoga areas, and library
4. Moon Club: Social and leisure experiences including spa, party zones, performance spaces, and lounges

Together, these spaces create a comprehensive ecosystem for fitness, recreation, work, and social interaction.

A Community-Centric, Future-Ready Living Experience

Forest Province is designed to foster an active and socially engaging lifestyle, with outdoor amenities such as sports courts, fitness zones, children’s play areas, and landscaped spaces that extend living beyond individual homes. As a private enclave within a larger township, it offers a balance of exclusivity and connectivity, bringing together nature, design, and everyday convenience in a calm, well-connected urban setting. Thoughtfully planned spaces encourage everyday interactions while also offering areas for relaxation and quiet reflection, creating a holistic living experience.

About Mana Projects:

Founded in 2000 by Mr. D. Kishore Reddy, Mana Projects has been crafting thoughtfully designed living experiences across Bengaluru for over 26 years. Guided by the philosophy of “The Art of Living Brilliantly,” Mana Projects believes a home is where architecture meets intuition, balancing proportion, natural light and timeless design. With a strong presence across key growth corridors, the brand focuses on creating future-ready communities that elevate everyday living through thoughtful planning, quality construction and enduring elegance.

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nubia Neo 5 Max with 7.5-Inch Display Lands as a New PadPhone Category

SHENZHEN, China, Aug. 12, 2026 /PRNewswire/ — nubia, a highly personalized and lifestyle smartphone brand committed to bringing pro-level gaming to everyone, announced the global rollout of nubia Neo 5 Max, introducing a new PadPhone category that combines the expansive viewing experience of a compact tablet with the portable control of a gaming console. Built around a segment-leading 7.5-inch display, nubia Neo 5 Max brings together pad-level immersion, console-level control, immersive audio-visual feedback and AI-powered gaming assistance in one versatile device for gaming, entertainment and everyday productivity.

“As games become more immersive and young players spend more of their digital lives on mobile devices, the gaming smartphone needs to evolve into a true personal hub,” said Bai Keke, Vice President of ZTE. “At nubia, we are committed to making flagship-level gaming technologies accessible to a broader audience. nubia Neo 5 Max brings the PadPhone concept to life by integrating industry-leading control engineering, a pioneering thermal architecture and flagship-level tuning, where players can play harder, watch bigger and do more wherever they are.”

All-in-One Hub with 7.5-inch Display Leads the New Way for Gaming and Living

nubia Neo 5 Max brings the PadPhone concept with its segment-leading 7.5-inch 1.5K display, delivering 27% more visible area than nubia Neo 5 5G. Featuring an 18.7:9 golden aspect ratio for a more focused gaming experience, the device enlarges enemy outlines by 40% in FPS games. It carries SGS-certified hardware-level eye-care certification for full-scene low blue light and true DC dimming, combined with self-developed eye-caring software functions and smart eye-use reminders, keeping players comfortable every round.

Multiple adaptive modes unlock full potentials of the expansive 7.5-inch display, transforming it into a versatile all-in-one hub. Landscape Mode with protective case stand converts it into a personal mini-TV. E-Ink Mode delivers ink-screen-like visuals for eye-comfort reading, while Controller and Streaming Modes provide responsive, low-latency AAA game casting. For ultimate efficiency, Floating Window and Split-Screen Modes enable seamless multitasking.

Console-Level Control Meets Full-Sensory Immersion

nubia Neo 5 Max features Neo Triggers 5.0 with a 990Hz sampling rate and 4.7ms hardware response latency for fast execution across aiming, firing, moving, and skill activation in a flexible four-finger mode. Designed around C-grip holding style, its 7.5-inch golden control ratio expands the touch area by 27% and widens key spacing by 21% over conventional layouts. Magic Touch 3.0 filters accidental inputs from wet or oily fingers, while a high-precision gyroscope sharpens rotational control, and the 360° Game Antenna ensures stable connectivity.

Dual real symmetrical speakers deliver 300% louder volume accompanied by an anti-obstruction audio design. Powered by Dolby Atmos immersive audio, nubia Neo 5 Max delivers a richer sound experience with incredible depth, clarity, and details that connects users more deeply with their favorite games, movies, music, and more. Z-axis linear motor and RGB Eagle Eye lighting complete the gaming experience by providing haptic feedback for in-game actions and dynamic RGB lighting effects.

30,000mm²+ Cooling System and 7,100mAh Dual-Cell Battery for Marathon Gaming

nubia Neo 5 Max pairs a MediaTek Dimensity 7100 6nm chipset, LPDDR5X memory and UFS 2.2 storage with the NeoTurbo Engine for robust performance, steady frame rates and power efficiency. This model is built with a pioneering 30,000mm²+ cooling system that improves heat-dissipation efficiency by 140% through a dual-layer capillary vapor chamber that expands vapor-liquid circulation pathways and a 3D stamped VC panel for faster heat dissipation. AI Game Space 5.0 provides quick access to gaming tools and intelligent assistance. AI Copilot Demi 2.0 acts as a gaming coach and companion, offering real-time guidance, battle updates and game-related support for players.

A 7,100mAh super dual-cell battery distributes power more efficiently, helping reduce heat and support long-term battery reliability during demanding use. While gaming, Bypass Charging powers the device directly without heating the battery. Even at 5% battery, 5% Extreme Mode keeps players gaming for up to 22.9 minutes.

nubia Neo 5 Max is available first in Southeast Asia as part of its global rollout, coming in Shadow Black, Titanium Gold, and Cyber Silver, offering configurations of 20GB (8GB + 12GB) RAM with 256GB storage or 512GB storage.

MEDIA INQUIRIES:

ZTE Corporation

Communications

Email: ZTE.press.release@zte.com.cn

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Compunnel Doubles Down on its Digital Business to Lead the Enterprise AI Shift

The AI-native digital engineering business unifies four engineering disciplines under its AI-OS™ framework to help enterprises move from AI pilots to measurable, at-scale business value.

NOIDA, India, Aug. 12, 2026 /PRNewswire/ — Compunnel today announced the restructuring of Compunnel Digital, its digital engineering business, repositioned as an AI-native engineering partner for global enterprises. The repositioning consolidates four engineering disciplines – Applied AI Engineering, Data Platforms & Intelligence, Cloud & Platform Engineering, and Autonomous Quality Engineering – under AI-OS™, the company’s integrated enterprise delivery framework, to help clients move from fragmented AI pilots to industrialized, measurable business value.

The business will deliver this through what it terms an AI-to-Value Factory: a delivery model in which intelligence is engineered, governed, scaled, and continuously measured, rather than deployed as isolated experiments. The approach embeds AI into the software lifecycle by design and scopes every engagement against defined business outcomes.

Market context

Enterprises across sectors are shifting investment from proofs of concept to production-grade AI that must operate under real compliance, resilience, and cost requirements. Compunnel Digital’s repositioning targets that shift, moving clients from digital transformation toward intelligent engineering – where AI, data, automation, platforms, and governance are delivered as one operating capability.

Industry relevance

The repositioning maps to sector-specific outcomes across the industries Compunnel Digital serves:

• Healthcare & Life Sciences: improving compliance, clinical operations, connected health, and patient outcomes.
• Banking & Financial Services: strengthening trust, risk management, resilience, and intelligent operations.
• Consumer (Retail, CPG, EdTech): personalizing experiences, improving loyalty, and unlocking commerce intelligence.
• Manufacturing: improving quality, uptime, productivity, and operational control.

Executive commentary

“Let’s be honest about where enterprise AI is today: most of it is theater, pilots that dazzle in a demo and quietly die before production,” said Sourabh Chongdar, Business Unit Head, Compunnel Digital. “The next decade won’t be won by the companies running the most pilots. It will be won by the few who can industrialize AI – engineered together with the data, cloud, quality, and security to make it hold at scale, and to make it something a CFO can actually measure. That’s the entire reason we rebuilt Compunnel this way: to deliver intelligence as one accountable system, not multiple disconnected projects.”

“Compunnel Digital is central to our growth strategy,” said Rakesh Shah, President and Chief Financial Officer, Compunnel Inc. “This market will be won by firms that prove value, not describe it, and that is the standard we are building the business to meet: transformation at scale, with returns clients can measure.”

About Compunnel

Founded in 1994, Compunnel is a digital engineering, workforce solutions and AI services company serving global enterprises across Banking & Financial Services, Insurance, Healthcare, Life Sciences, MedTech, Retail, EdTech, and Manufacturing. The company specializes in Applied AI Engineering, Data Platforms & Intelligence, Cybersecurity, Cloud & Platform Engineering, Autonomous Quality Engineering – delivered through AI-OS™, its integrated enterprise delivery framework. With over three decades of experience in complex, compliance-driven transformation programs, Compunnel’s approach embeds AI into the software lifecycle by design. 23% of Fortune 500 companies work with Compunnel, with a 98% client retention rate. For more information, visit https://digital.compunnel.com/

Media Contact

marketingcomms@compunnel.com

Compunnel Digital on LinkedIn

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IndiaFirst Life launches GOLD Term Plan, Where Protection Goes Beyond Life Cover

MUMBAI, India, Aug. 12, 2026 /PRNewswire/ — IndiaFirst Life Insurance Company Limited (IndiaFirst Life), today announced the launch of the IndiaFirst Life GOLD Term Plan, a holistic protection solution that brings together life cover, wellness benefits, and family-focused features in a single offering.

As awareness of financial protection continues to increase, term insurance penetration in India remains relatively low, highlighting a significant opportunity to strengthen financial security for more families. At the same time, customers are increasingly looking beyond basic life cover and seeking solutions that offer greater flexibility, wellness support and long-term value. The IndiaFirst Life GOLD Term Plan has been designed to address these evolving expectations while making protection more relevant across different stages of life.

Commenting on the launch, Varun Gupta, Chief Distribution Officer – Bancassurance, IndiaFirst Life, said, “Protection should not be limited to a financial payout when something goes wrong. It should evolve with customers and create value throughout their journey. The IndiaFirst Life GOLD Term Plan reflects this thinking by combining protection, wellness and flexibility in a single offering. At its heart is a simple belief—do right by the customer, stay true to their needs, and deliver value consistently.”

Sumeet Sahni, Chief Distribution Officer – Agency & Alliances, IndiaFirst Life, said, “Awareness around the importance of financial protection has grown significantly, yet term insurance adoption remains lower than it should be. Customers increasingly expect solutions that go beyond basic life cover and offer greater flexibility and tangible value. The IndiaFirst Life GOLD Term Plan addresses this need by combining protection, wellness and family-focused benefits, helping customers secure their future and navigate life’s responsibilities with greater confidence.”

The IndiaFirst Life GOLD Term Plan is designed for individuals and families seeking protection that goes beyond traditional life cover. By combining financial security, wellness support and family-focused benefits, the plan offers a more holistic approach to protection. The launch further strengthens IndiaFirst Life’s portfolio of customer-centric solutions that help customers navigate life’s responsibilities while securing their future and creating long-term value.

About IndiaFirst Life Insurance Company Limited

Headquartered in Mumbai, IndiaFirst Life Insurance Company Limited (IndiaFirst Life), with a paid-up share capital of INR 754 crores, is one of the country’s youngest life insurance companies. Its current shareholders include Bank of Baroda, Union Bank of India, and Carmel Point Investments India Private Limited, which hold 65%, 09%, and 26% stakes in the company. Carmel Point Investments India Pvt Ltd. is incorporated by Carmel Point Investment Ltd, a body corporate incorporated under the laws of Mauritius and owned by private equity funds managed by Warburg Pincus LLC, New York, United States. The company’s key differentiator is its simple, easy-to-understand products that are fairly priced and efficiently serviced. For details, please visit https://www.indiafirstlife.com/.

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AMGEN TO OPEN NEW SCIENCE & INNOVATION CENTER IN GENOME VALLEY, HYDERABAD

New Site Will Support Global Research and Development Capabilities and Advance Scientific Research

HYDERABAD, India, Aug. 12, 2026 /PRNewswire/ — Amgen (NASDAQ: AMGN) today announced plans to open a new Science and Innovation Center at Genome Valley in Hyderabad. The center will join Amgen’s global Research and Development network, which consists of seven research laboratories, further expanding the company’s research and scientific capabilities.

The new site reflects Amgen’s continued focus on fighting the world’s toughest diseases by harnessing the best of biology and technology. By integrating advanced scientific capabilities with data and digital innovation, the company aims to accelerate the discovery and development of innovative medicines for patients worldwide.

“The new center in Genome Valley expands the way we integrate experimental science with data and technology across our global research capabilities and complements our strong U.S.-based Research and Development footprint,” said Jay Bradner, M.D., executive vice president of Research and Development, Artificial Intelligence and Data at Amgen. “By connecting these capabilities, we can learn faster and translate those insights into innovative medicines for patients.”

“Hyderabad has built one of the world’s strongest life sciences ecosystems, with deep capabilities in pharmaceuticals and vaccines. The next chapter is about taking that strength into discovery and innovation. Amgen’s decision to establish its Science and Innovation Center in Genome Valley reflects Hyderabad’s growing role as a global hub for high-value research, bringing together scientific talent, technology and industry at scale. Our ambition is to make Hyderabad a place where the next generation of medicines and therapies can be discovered, developed and taken to the world,” said Shri D. Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Government of Telangana.

The center is expected to be operational in 2027, and will bring together scientists and technologists across discovery chemistry, drug metabolism & pharmacokinetics and precision medicine, working closely with Amgen’s research sites around the world. This approach is designed to enhance how medicines are discovered and developed, improving speed, precision, and efficiency.

“This new center reflects Amgen’s commitment to advancing scientific excellence, and India will be an important part of our global R&D network,” said Som Chattopadhyay, senior vice president of Global Business Solutions and national executive at Amgen. “By expanding Amgen’s global research capabilities through its Hyderabad site, we are enabling deep scientific collaboration and look forward to participating in the local innovation ecosystem.”

Genome Valley offers strong scientific expertise and infrastructure, and the new facility will complement Amgen’s existing technology and innovation site in Hyderabad. Together, these sites will enable closer integration of wet-laboratory science with innovative technology, advancing how the company develops medicines.

“Hyderabad’s strong life sciences ecosystem and deep STEM expertise enable us to apply advanced technologies at scale,” said Naveen Gullapalli, managing director, Amgen India. “Our new center at Genome Valley will help integrate biotechnology and digital innovation to serve more patients globally.”

About Amgen 

Amgen discovers, develops, manufactures, and delivers innovative medicines to fight some of the world’s toughest diseases. Harnessing the best of biology and technology, Amgen reaches millions of patients with its medicines.

More than 45 years ago, Amgen helped establish the biotechnology industry at its U.S. headquarters in Thousand Oaks, California, and it remains at the cutting edge of innovation, using technology and human genetic data to push beyond what is known today. Amgen is advancing a broad and deep pipeline and portfolio of medicines to treat cancer, heart disease, inflammatory conditions, rare diseases and obesity-related conditions.

Amgen has been consistently recognized for innovation and workplace culture, including honors from Fast Company and Forbes. Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average®, and it is also part of the Nasdaq-100 Index®, which includes the largest and most innovative non-financial companies listed on the Nasdaq Stock Market based on market capitalization.

For more information, visit Amgen.com and follow Amgen on X, LinkedIn, Instagram, YouTube, Facebook, TikTok and Threads.

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