Category Archives: News

Moonwalk Biosciences Announces $70 Million Series B: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Sept. 9, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on September 9th

• Moonwalk Bio says recent funding will advance RNAi development.
  • The startup says its treatments have demonstrated reductions in body weight and fat mass while preserving lean muscle mass.
  • Moonwalk’s lead development candidate is expected to enter first-in-human clinical studies in late 2027.
  • CEO Dr. Alex Aravanis will join NYSE Live to discuss the path forward for treatments.
• Defense company Covenant opens a 105,000 square-foot factory in Texas.
  • The company introduced Anthem, a heavy-payload, long-range weapon system.
  • Covenant announced more than $250 million in funding across three rounds, with Andreesen Horowitz and Lightspeed among its backers.
• ICE Brent Crude tops $100 a barrel amid the ongoing Middle East conflict.
  • This marks the first time the benchmark has reached triple digits since July.
  • The rise in oil prices comes ahead of a pair of inflation reading, which are set to come out later this week.

Opening Bell

Oracle (NYSE: ORCL) brings together customers for a unique experience

Closing Bell

LabCorp (NYSE: LH) celebrates 35 years as a listed company

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

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Yubi Group Launches ‘TopScore’ at GFF 2026 to Widen Credit Health Awareness for Indian borrowers

MUMBAI, India, Sept. 9, 2026 /PRNewswire/ — Yubi Group, the AI-powered operating system for financial services, today launched TopScore, a consumer credit-health app, unveiled at the Global Fintech Fest (GFF) 2026. The launch arrives at a pivotal moment for financial inclusion in India: even as over a billion Indians are now eligible for credit, recent studies suggest nearly one in two have never checked their credit score, and many first encounter it only as a loan rejection, without understanding what shaped it or what to do next. Credit access has scaled; credit understanding has not.

The app was unveiled by Mr. Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director of the National Payments Corporation of India (NPCI), Independent Director on the Board of Yubi Group, and a former Executive Director of the Reserve Bank of India (RBI).

Speaking at the launch, Mr. Choudhary said, “Financial health begins with early education, not late collections. When consumers understand their credit habits before taking on debt, we break the default cycle and curb NPAs across the entire system. Solutions like TopScore are an integral pillar of the effort to improve credit literacy and protect everyday citizens from debt stress.”

Gaurav Kumar, Founder & CEO, Yubi Group, shared the vision behind the launch saying, “For years, debt management in India was reactive, focused on collections, recovery, and managing NPAs after financial stress had already set in. That era is ending. By channeling deep credit infrastructure and predictive technology toward the consumer, we are shifting from reactive recovery to proactive credit health. TopScore is the natural culmination of that evolution. It moves the conversation beyond simply accessing credit to helping people borrow smarter, build lasting financial health, and prevent debt stress before it begins.”

TopScore is a comprehensive credit-health companion built around three simple steps: check, understand, and grow. Users start with a free credit score and full report, drawn from Experian, one of India’s leading credit bureaus with the user’s own consent, and translated from complex bureau data into plain language across 10 languages, including Hindi and English. An AI Score Coach turns that report into a personal, step-by-step plan, showing what is helping a user’s profile and what is holding it back, while a Human Coach, (a real credit expert who speaks the user’s language) is available for the moments where human intervention is required. A built-in score predictor lets users play out real-life scenarios and see their estimated effect before acting. And the app goes beyond numbers: TopScore assists users in raising disputes to correct reporting errors, and in pursuing a consent-first, borrower-initiated path to resolve past dues directly with their lender and rebuild.

TopScore will be available on Google Play Store and the Apple App Store soon.

While TopScore is a bold step into the consumer space, it stands on the foundation of the Yubi Group. For years, Yubi has been the engine powering the systems behind India’s credit landscape. By channeling that institutional understanding into a consumer product, Yubi Group is uniquely positioned to serve the entire credit lifecycle, from awareness to access to rebuilding.

About Yubi Group:

Yubi Group is the world’s only AI-powered operating system (OS) for financial services, founded in 2020 by CEO Gaurav Kumar. At its core is YuVerse, an applied AI suite powering four specialized companies – Yubi, Accumn, Spocto X, and YuCollect – that together deliver end-to-end solutions in lending, underwriting, and collections. Backed by leading investors including Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi has facilitated over ₹3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. The company is redefining transparency, compliance, and performance across India’s financial services sector. 

Visit www.go-yubi.com to learn more.

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Yubi launches Pye, a multi-lender platform for retail borrowers, at Global Fintech Fest 2026

MUMBAI, India, Sept. 9, 2026 /PRNewswire/ — Yubi Group today launched Pye, a new lending platform built for retail borrowers, at the Global Fintech Fest (GFF) 2026 at the Jio World Convention Centre, Mumbai. The launch was marked by Mr. Ajay Kumar Choudhary, non-executive chairman of the National Payments Corporation of India (NPCI) and an independent director on Yubi Group’s board, who previously served as executive director at the Reserve Bank of India.

Pye is built for the moments that call for credit in everyday life: a wedding, a home, an education, a medical need, a new business idea. Instead of routing a borrower’s application to a single lender, Pye connects it to a network of lending partners at once, matching each borrower’s profile to the partner best suited to their need, loan type, and timeline.

India’s retail credit market is expanding rapidly, with substantial room for further growth. According to CRISIL Intelligence, retail loan growth is projected to reach 17–18% in fiscal 2026. Yet, India’s household debt-to-GDP ratio stood at just 45.5% as of September 2025 (per the RBI’s June 2026 Financial Stability Report), far below more credit-penetrated markets like South Korea, which sits at nearly 89%. Pye taps into this expanding demand by leveraging Yubi’s existing lender network, allowing retail borrowers to connect with roughly 80% of India’s top lending institutions through a single integration to find well-matched credit.

“Every lender has its own view of risk, its own criteria for ticket size, documentation, and timing, shaped by its own mandate. That’s the nature of a healthy lending market,” said Gaurav Kumar, founder and CEO, Yubi Group. “It also means the right partner for a borrower isn’t always the first one they approach. Pye is built to help a borrower find that fit faster, matching them to the right lenders across our network, instead of going door to door. The compliance and legal work, KYC, documentation, disclosures, happens once on Pye, so a borrower isn’t repeating paperwork with every application. We open these avenues while being fully compliant with RBI’s digital lending guidelines such as neutral display of offers, full disclosure on APR, and ensuring native journeys for seamless customer experience.”

“Credit access works best when it is broad-based, transparent, and well matched to the borrowers’ needs. Initiatives that bring technology and multiple regulated lenders together, like Pye, are a welcome step for India’s financial inclusion agenda,” said Mr. Ajay Kumar Choudhary, non-executive chairman, NPCI, and independent director, Yubi Group.

Over the past six years, Yubi’s platforms have enabled more than ₹3.2 lakh crore in credit across 3.5 crore transactions while enabling ₹80,000 crores in debt collections.

The name Pye draws from π, the mathematical constant whose value continues without repeating. It’s a small nod to the idea behind the platform: a borrower’s options shouldn’t end with one lender’s decision on a given day. Pye’s tagline reflects this: ‘One platform. Infinite possibilities.’

Every lender on Pye is RBI-regulated, pricing and terms are shown transparently before a borrower proceeds, and a borrower’s data is shared only with the lenders they choose to apply to.

Pye’s ambition goes beyond a dedicated app. Yubi is working to make Pye reachable over time from the online storefronts, bill payment platforms, and other everyday digital services, bringing credit closer to the moment it is actually needed.

Pye is being showcased at GFF 2026, running September 9-11 at the Jio World Convention Centre, Mumbai, where Yubi is at booth F2.

About Yubi

Yubi Group is the world’s only AI-powered operating system (OS) for financial services, founded in 2020 by CEO Gaurav Kumar. The Group comprises YuVerse, Accumn, Spocto X, YuCollect, Yubi Wealth – subsidiaries that together deliver end-to-end AI-based solutions in lending, underwriting, collections and wealth management. Backed by leading investors including Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi has facilitated over ₹3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. The company is redefining transparency, compliance, and performance across India’s financial services sector. Visit www.go-yubi.com to learn more.

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Adani Airports to raise ~USD 1 billion of primary equity from marquee global investors

Investment by Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds values AAHL at ~USD 18 billion pre-money equity valuation

Editor’s Synopsis

• Adani Airport Holdings Limited (AAHL) has entered into binding agreements to raise ₹9,825 crores (~USD 1 billion) of primary equity capital from a consortium of leading domestic and global investors.
• The transaction values AAHL at a pre-money equity valuation of ~USD 18 billion, establishing a significant external institutional valuation benchmark for the airports platform.
• The investor consortium comprises Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds. Upon completion of all three tranches, the investors will collectively hold approximately 5.54% in AAHL.
• The proceeds will support airport modernisation and capacity expansion to serve ~ 200 million passengers annually, integrated Adani Airport City development of ~22 million sq. ft. of mixed-use development in the first phase and the continued scaling of AAHL’s ground handling and non-aeronautical businesses.

AHMEDABAD, India, Sept. 9, 2026 /PRNewswire/ — Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited (AEL) and one of India’s largest private airport operators, has entered into binding agreements to raise ₹9,825 crore (~USD 1 billion) of primary equity capital from a consortium of investors comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds. The transaction values AAHL at a pre-money equity valuation of ~USD 18 billion and represents one of the largest primary equity investments from financial institutions in India’s airport infrastructure sector.

The participation of a consortium of long-term domestic and global investors represents a significant institutional endorsement of AAHL’s scale, operating capabilities and long-term growth potential. The investment brings long-duration institutional capital into the business at a time when India’s aviation sector is entering a sustained phase of passenger growth, capacity expansion and infrastructure investment.

AAHL and the investors have entered into a Share Subscription Agreement and a Shareholders’ Agreement pursuant to which the investors will subscribe to new equity shares of AAHL in three tranches, with the final tranche expected to be completed by July 2027. Upon completion of all three tranches, the investors will collectively hold approximately 5.54% in AAHL.

The proceeds will support three strategic priorities: expanding and modernising airport infrastructure across AAHL’s portfolio; accelerating the development of integrated Adani Airport City ecosystems around its airports with development of ~ 22 million sq. ft. of mixed-use development planned in the first phase; and scaling passenger-facing and other non-aeronautical businesses including our ground handling business. These investments are expected to increase capacity to serve ~ 200 million passengers annually, deepen commercial monetisation, enhance passenger experience and further strengthen AAHL’s integrated airport ecosystem.

The transaction follows AEL’s successful ₹15,000 crore qualified institutional placement (QIP) in July 2026, India’s largest QIP by a non-financial corporate. Together, the transactions reflect continued access by the Adani portfolio to significant pools of long-term domestic and global institutional capital.

“This partnership marks an important milestone in building out the Adani Airports platform, and we are privileged to have such marquee, long-term investors alongside us on this journey,” said Mr. Jeet Adani, Non-Executive Director, Adani Airport Holdings Limited. “India’s aviation sector is one of the most powerful multipliers of the country’s GDP growth. Every expansion in air connectivity catalyses trade, tourism, employment and regional development well beyond the airport gate. With the backing of these partners, we will continue to invest ahead of that growth, scaling our infrastructure, city-side developments and non-aeronautical businesses to build one of the world’s leading integrated airport platforms.”

“We will continue to build capabilities within AAHL to scale it into the world’s largest airports platform,” said Mr. Arun Bansal, CEO, Adani Airport Holdings Limited. “This ambition is buoyed by the exponential growth opportunities across India, the rising spending power of the Indian consumer, and the momentum of our city-side developments as powerful economic catalysts in the country’s major urban centres. We are deeply grateful to our partners for their confidence and look forward to continuing on this path together as we build a truly world-class airport platform for India.”

The key advisors to the transaction were Cyril Amarchand Mangaldas, AZB & Partners, JSA Advocates and Solicitors, TT&A Advocates and Solicitors, Jefferies India Private Limited, SBI Capital Markets Limited and Ernst & Young LLP.

The transaction is subject to customary conditions precedent, including receipt of applicable approvals.

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DFI Introduces One Board, Two CPU Generations Mini-ITX Platform to Advance Physical AI for Robotics and Automation

TAIPEI, Sept. 9, 2026 /PRNewswire/ — DFI, a Qisda Group company and a global leader in embedded motherboards and industrial computers, introduces the ARH171/ARH173, expanding its AI-ready portfolio with a Mini-ITX platform built for space-constrained, mission-critical deployments. Powered by Intel® technologies, the ARH171/ARH173 is purpose-built to handle demanding Physical AI workloads from perception to reasoning, enabling next-generation smart logistics and industrial automation.

As Physical AI transitions to operational deployment, intralogistics is driving rapid mobile automation adoption. Mordor Intelligence projects the autonomous mobile robot (AMR) market to expand at a CAGR of nearly 15% through 2029 to counter labor shortages, while advanced systems like 3D cube storage robots require on-device AI to navigate floors, climb racks, and process dense sensor streams in real time.

Flexibility starts at the board level. The ARH171/ARH173 adopts a unified “One Board, Two Generations” architecture, supporting 16 Intel® Core™ Ultra processor options across Meteor Lake-U/H and Arrow Lake-U/H (15–28W; Intel vPro® available on select SKUs). Delivering up to 99 total platform TOPS on Arrow Lake-H models, its integrated Intel® Arc™ GPU and dedicated NPU accelerate AI inference via OpenVINO™, DirectML, and ONNX RT. This lowers reliance on discrete graphics, reducing thermal and spatial overhead while enabling system integrators to scale across performance tiers using a unified platform architecture. The launch will further leverage DFI’s core strengths in embedded computing to support Qisda Group’s overall strategy across its four AI business categories: “AI Vision & Display,” “AI Infrastructure,” “AI Solutions & Smart Manufacturing,” and “AI Hospital & Wellness Ecosystem.”

“System integrators developing next-generation autonomous logistics robots need to shorten validation cycles and avoid recurring redesign costs,” said Claire Tien, President of DFI. “By supporting two processor generations on a unified board architecture, the ARH171/ARH173 simplifies long-term platform planning, delivers on-chip AI acceleration, and supports continuous operation through hardware-level remote management.”

Once deployed, reliable operation and reduced on-site maintenance become critical. Engineered for 24/7 robotic deployments, the ARH173 features a 12–28V wide-range DC input, up to three 2.5GbE LAN ports, and modular M.2 expansion for flexible sensor integration. To simplify field maintenance, the optional DFI EXT-OOB module enables out-of-band power cycling and OS recovery even if the primary system is unresponsive, while integrated Intel vPro® technology (on select SKUs) provides comprehensive remote hardware management.

From board to system to solution, the ARH171/ARH173 delivers a deployment-ready foundation that consolidates dual-generation scalability, native AI performance, and remote management into a single validation point, reducing engineering overhead and accelerating the transition from pilot to production.

About DFI

Founded in 1981, DFI is a global leading provider of high-performance computing technology across multiple embedded industries. With its innovative design and premium quality management system, DFI’s industrial-grade solutions enable customers to optimize their equipment and ensure high reliability, long-term life cycle, and 24/7 durability in a breadth of markets including Industrial Automation, Medical, Gaming, Transportation, Energy, Mission-Critical, and Intelligent Retail.

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Yubi Group Launches Yubi Asset Management, and its portfolio management service, Yubi PoleStar

New business brings Yubi’s credit-native underwriting intelligence to family offices and institutional allocators, launching at Global Fintech Fest 2026

MUMBAI, India, Sept. 9, 2026 /PRNewswire/ — Yubi, AI-powered credit OS for financial services, today announced the launch of Yubi Asset Management, its new asset management business, along with its first offering: Yubi PoleStar, a SEBI-registered portfolio management service built for family offices and institutional investors. The launch was announced at Global Fintech Fest 2026, with Gopal Srinivasan, Chairman, TVS Capital Funds and board member, Yubi Group, as chief guest.

Yubi Asset Management Private Limited is a SEBI-registered Portfolio Manager. The company operates on top of Yubi’s existing credit market infrastructure, underwriting intelligence and origination pipeline, bringing the same credit-native discipline the Group has applied across lending, supply-chain finance, securitisation and the bond market to private portfolio management.

Yubi PoleStar runs several strategies across different investment horizons and risk appetites, serving corporates and HNIs seeking stable income and liquidity management, investors focused on long-term, all-weather wealth creation, and accredited investors and family offices seeking bespoke, multi-asset portfolios.

The strategies are built on what Yubi calls its six-gate credit architecture: a structured process spanning data ingestion and forensics, principal-level engagement, risk modelling, investment committee approval, structural and covenant design, and active surveillance, applied before and after every allocation. A weighted risk framework evaluates industry, business, financial and management risk on every credit under consideration, and portfolios are governed by a quarterly Investment Policy Committee, independent third-party valuation, and segregated custody with assets held in each client’s own name.

“Yubi has spent years building the infrastructure that connects India’s banks, NBFCs, enterprises and institutional investors across the credit lifecycle,” said Gaurav Kumar, Founder and CEO, Yubi Group. “Yubi Asset Management brings that same infrastructure and intelligence to a different set of investors: family offices and institutional allocators who want credit-native discipline applied to their own portfolios, not just to the markets they invest alongside.”

Yubi Asset Management is led by Anshul Baranwal, Chief Investment Officer, who brings 15 years of experience across UBS, ASK Private Wealth and ICICI Securities, and Irfan Mohammed, Director, who also serves as Managing Director at the Group company Aspero and has held senior roles at Vivriti Capital and Northern Arc.

“Debt investing in India has largely borrowed its models from equity,” said Anshul Baranwal, Chief Investment Officer, Yubi Asset Management. “We built Yubi PoleStar the other way around: credit-native from the ground up; bringing the seasoned underwriting and structuring discipline we’ve refined across market cycles directly into a portfolio format built for modern wealth generation and a governance framework built for allocators who want to see exactly where their capital sits, every day. It is a proven institutional framework now directly powering Yubi PoleStar.”

Yubi Group has facilitated over $36 billion in total credit across its businesses, and evaluates over 8 lakh loans a month through its proprietary risk-assessment models. Active in India’s primary debt market every year since 2020, the Group has led 850 primary NCD and MLD issuances, mobilised over ₹40,000 crore in capital across primary issuances, financed over 200 distinct issuers across the credit spectrum, and secured 96% of issuances through collateral-backed structuring, across 25+ lending and asset-class segments (as per Q3 FY26 issuance data, Yubi Group data).

Investors can learn more about Yubi PoleStar’s strategies and disclosure documents at www.yubiamc.com, or by writing to connect@yubiamc.com.

About Yubi Asset Management

Yubi Asset Management delivers investment solutions to Indian family offices, HNIs and institutional allocators. Its portfolio management services division, Yubi PoleStar, translates institutional credit heritage and technology-enabled execution into disciplined private portfolio management. Yubi Asset Management Private Limited is a SEBI-registered Portfolio Manager (Registration No. INP000010201).

About Yubi Group

Yubi Group is the world’s only AI-powered operating system (OS) for financial services, founded in 2020 by CEO Gaurav Kumar. The Group comprises YuVerse, Accumn, Spocto X, YuCollect, Yubi Wealth – subsidiaries that together deliver end-to-end AI-based solutions in lending, underwriting, collections and wealth management. Backed by leading investors including Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi has facilitated over ₹3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. The company is redefining transparency, compliance, and performance across India’s financial services sector. Visit www.go-yubi.com to learn more.

Yubi Asset Management Private Limited is a SEBI-registered Portfolio Manager (Registration No. INP000010201). SEBI registration granted by SEBI in no way guarantees performance of the intermediary or provides assurance of returns to investors. This release is not investment advice or a recommendation and must not be construed as a guarantee of returns. Yubi PoleStar is a newly registered PMS offering; past statistics referenced for Yubi Group entities pertain to the Group’s lending, distribution and origination businesses and do not represent the track record or AUM of Yubi Asset Management Private Limited. Investments in PMS are subject to market, credit and liquidity risks, including possible loss of principal. This document must be read together with the Disclosure Document filed with SEBI. Minimum investment is ₹50,00,000 (Fifty Lakhs) or such other amount as may be prescribed; where the offering is to Accredited Investors, certain regulatory relaxations may apply.

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How we manage and engage with our horses shapes their personality

 (Liehrmann_horse): Star, the author’s horse, scored very high in human sociability. Photographer: Océane Liehrmann

University of Turku, Finland | Sept 09: A new study reveals that horse personality is not only a matter of genetics, age, or breed but also systematically linked to how horses are housed, ridden, and cared for, and to the quality of the relationship they share with their owners. The findings underscore the importance of everyday management decisions for equine personality and welfare.

Horse personality has long been known to influence welfare, training outcomes, and the quality of human–horse interactions. While genetic and biological factors clearly play a role, far less has been known about how the human-shaped environment may contribute to building horse personality.

“Personality is not something that develops independently of its surroundings. Horses live in environments we create and relationships we build for them, and our results show that these matter,” says lead author of the study, Postdoctoral Researcher Océane Liehrmann from the University of Turku, Finland, and the Swedish University of Agricultural Sciences.

The research group conducted an international online survey during 2023–2024, gathering responses from 2,257 horse owners of about 2,767 horses across Europe, North America, and beyond. Owners rated their horses’ personalities using a 52-item questionnaire and provided detailed information about housing conditions, riding and groundwork frequency, quality time with their horses, headgear use, ownership history, and relationship duration.

Four windows into horse personality

Statistical analyses of the data revealed four distinct personality dimensions:

•    Human Sociability: tendency to seek and enjoy interaction with people
•    Attentiveness: capacity to focus on and cooperate with human cues
•    Neuroticism: emotional reactivity and sensitivity to stress
•    Horse Sociability: tendency to engage in affiliative, non-aggressive interactions with other horses

As expected, intrinsic factors such as age, sex, and breed were among the strongest drivers of personality scores. Warmbloods, for example, scored highest in Neuroticism, while draft horses scored lowest. Geldings consistently scored higher than mares in both Human Sociability and Attentiveness.

 (Salinger_horses): The willingness to interact with strangers was one of the components of the human sociability factor. Photographer: B. Salinger.

Depth of the human–horse bond and riding frequency matter

The length and stability of the relationship were linked to Human Sociability: horses with the same owner for over ten years scored about 12 percent higher than those together less than a year, while horses that had passed through multiple owners scored lower than those bought directly from a breeder.

“These patterns suggest that familiarity and relational continuity contribute to how openly and comfortably horses engage with people. Frequent changes of owner or stable may leave a lasting mark on a horse’s willingness to seek human contact,” explains Liehrmann.

Owners who often spent unstructured time with their horses, being present, offering scratches, and not demanding anything from them, had horses that scored higher on Human Sociability. Riding frequency, then again, was tied to calmness: horses ridden 4–7 times a week scored higher on Attentiveness and lower on Neuroticism, while rarely ridden horses scored higher on Neuroticism. This possibly reflects habituation from regular training, or that calmer horses are simply chosen for regular use.

Solitary housing, fewer social skills

One of the clearest findings concerned Horse Sociability: horses housed alone consistently scored lower than those living with other horses, regardless of whether they lived in pairs or full herds.

This finding raises important welfare considerations. Horses housed alone may score lower because social isolation limits the expression of affiliative behaviour. It may also be that horses perceived as socially unfit are kept in isolation. In either case, the results point to social housing as an important consideration for both welfare and behavioural development.

Implications for horse welfare and management

The researchers emphasise that the study is cross-sectional and does not establish causation, and that the associations identified are modest. Longitudinal studies are needed to clarify whether management decisions shape personality, personality shapes management decisions, or both.

However, the findings show that housing conditions, the frequency and quality of human interactions, and the stability of the ownership history are all associated with measurable differences in personality profiles.

“Understanding how management and relationship factors interact with personality has direct implications for horse welfare. If we design environments that allow horses to develop socially, maintain stable relationships, and enjoy positive interactions with humans, we may be doing more than making horses easier to handle, we may help them develop their personality in a more positive way,” concludes Liehrmann.

The study was published in the journal Royal Society Open Science.

Comviva announces Kalyanasundaram Sivasubramaniam to lead the DigiTech Business, Accelerating Platform-Led Growth and AI Transformation

NEW DELHI, Sept. 9, 2026 /PRNewswire/ — Comviva, a global leader in digital transformation solutions, today announced the appointment of Kalyanasundaram Sivasubramaniam as Product Unit Head for its DigiTech business. In this role, he will lead the strategic growth and evolution of Comviva’s DigiTech portfolio, including its intelligent digital business platform, BlueMarble.

Kalyanasundaram will be responsible for accelerating the next phase of DigiTech’s growth, strengthening its market leadership and scaling its platform-led business across global markets. With Comviva expanding its presence across strategic markets, particularly North America and Europe, he will focus on unlocking new growth opportunities, expanding the enterprise opportunity and deepening engagement with communications service providers and enterprises.

A key focus of his mandate will be to accelerate the evolution of Comviva’s platforms through Agentic AI, intelligent automation and autonomous capabilities. This will enable businesses to move beyond traditional digital transformation toward more adaptive, intelligent and outcome-driven operations. He will also work closely with customers, partners and the broader technology ecosystem to translate emerging market needs into differentiated platform capabilities and measurable business outcomes.

Kalyanasundaram joins Comviva from Salesforce, where he played a key role in building and scaling its Agentic Partner Cloud platform and business. He brings more than 25 years of experience across technology, product engineering and platform leadership, spanning telecom, enterprise technology and SaaS. During his career, he has held senior R&D, product and delivery leadership positions at Nokia Siemens Networks, Redknee, Dynacommerce and Netcracker, where he was involved in building technology platforms, leading complex product initiatives and scaling businesses across global markets.

Commenting on the appointment, Rajesh Chandiramani, Chief Executive Officer, Comviva, said: “Comviva is at an exciting inflection point in its growth journey, with a clear ambition to build a more agile, platform-led and AI-powered technology business with a significantly broader enterprise opportunity. DigiTech is an important pillar of this ambition, and BlueMarble gives us a strong foundation to build on our leadership in digital business transformation. Kalyanasundaram brings a distinctive combination of deep telecom expertise, enterprise technology experience and a proven track record of building and scaling platforms. His experience in emerging technologies, ecosystems and enterprise adoption will be invaluable as we expand into new markets, unlock new customer opportunities and accelerate our growth trajectory. We are delighted to welcome him to Comviva and look forward to the impact he will create for our customers, our business and our ecosystem.”

Kalyanasundaram Sivasubramaniam, Product Unit Head – DigiTech, Comviva, added: “I am excited to join Comviva at a pivotal moment in its growth and transformation journey. The company’s digital BSS and commerce portfolio provides a strong technology foundation to redefine how telecom operators and enterprises build, operate and scale their digital businesses. Having spent my career building technology platforms and scaling businesses across telecom and enterprise technology, I see a significant opportunity to build on Comviva’s strengths, accelerate the adoption of AI-led capabilities and expand into new markets and growth areas. I look forward to working closely with our customers, partners and leadership team to strengthen our market impact, create differentiated value and build an ambitious growth trajectory for present and beyond.”

With telecom operators and enterprises rapidly embracing AI, cloud and SaaS to drive greater agility, automation and business value, Comviva is strengthening its technology platforms and capabilities to build the next generation of Agentic AI-powered BSS solutions. Kalyanasundaram’s leadership will be instrumental in accelerating this agenda—scaling DigiTech and BlueMarble globally, deepening Comviva’s engagement with leading operators and enterprises, and driving stronger, sustainable growth through intelligent, AI-native digital business platforms.

About Comviva

Comviva empowers organizations to drive transformative growth with measurable business impact. Our AI-driven digital solutions and intelligent platforms enable our customers to unlock new revenue opportunities, enhance customer experiences, and simplify operational complexities to achieve exponential success.

From maximizing customer lifetime value to enabling large-scale digital transformation, Comviva is trusted by 200+ global communication service providers and enterprises to solve complex challenges and prepare for the future. With our solutions deployed across 100+ countries, Comviva has brought the benefits of digital innovation and mobility to billions worldwide. As a subsidiary of Tech Mahindra and a member of the Mahindra Group, Comviva is committed to driving growth, efficiency, and transformation for tomorrow.

For more information, visit us at www.comviva.com.

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New ABB and BCG report highlights growing role of direct current technologies in future power systems

• Rapid expansion of AI computing, increasing electrification and rise of renewable energy are driving renewed interest in DC technology as part of future electrical systems
• Both AC and DC systems have strategically important roles in meeting future electricity demand
• Establishing common standards and developing DC-specific skills can help accelerate deployment

ZURICH, Sept. 9, 2026 /PRNewswire/ — ABB today published a new report, The Strategic Case for Hybrid AC/DC Power: Shaping the Transition to the Next Electrical Architecture, developed in collaboration with Boston Consulting Group (BCG). The report makes the case that direct current (DC) technology is moving from the periphery to the center of industrial, commercial, and digital infrastructure – and that the decisions made by business leaders and policymakers in the next two to three years will determine who shapes that transition and who inherits it.

The future of power distribution is not an either-or choice between alternating current (AC) and direct current, but a hybrid system that combines the strengths of both technologies. While AC will remain the backbone of most transmission and regional distribution networks, DC is expected to play an increasingly important role within facilities where many major energy sources and loads already operate natively on direct current. The fastest-growing technologies, including solar photovoltaic systems, batteries, electric vehicles, AI data centers and many industrial automation systems, are inherently DC-based. As these technologies scale, reducing the number of power conversion steps between generation, storage and consumption can improve efficiency, increase the usable capacity of an existing grid connection and simplify integration.

The report identifies AI data centers as one of the most immediate drivers of DC adoption. As AI workloads continue to increase power density requirements, conventional electrical architectures are reaching practical limits. The report finds that 800 VDC distribution is emerging as the defining architecture for next-generation AI infrastructure, enabling operators to maximize compute capacity within constrained grid connections while improving energy efficiency.

At the same time, the shift is also relevant for a range of other key industries with the research highlighting several opportunities beyond data centers. Automation-intensive manufacturing facilities, commercial buildings and, over the longer term, buildings can also benefit from DC systems or subsystems through lower conversion losses, more effective integration of onsite renewables and storage, and enhanced operational flexibility.

“In a world that will require more power while operating within the constraints of existing infrastructure, enabling broader adoption of DC systems will require stronger collaboration among business leaders, policymakers and technology stakeholders, as well as greater attention to the role DC can play,” said Morten Wierod, Chief Executive Officer of ABB. “For more than 25 years, ABB’s DC solutions have helped customers reduce conversion losses, improve power transfer efficiency and lower electricity demand. To enable broader adoption where the business case is strongest, we need common technologies, harmonized standards, and the workforce capabilities to support implementation at scale. AC and DC each have important roles to play, and together they can help build a more efficient, resilient and future-ready electrical system.”

As part of the report, ABB and BCG address several long-standing misconceptions that have slowed DC adoption concluding that concerns around scale, safety and economics increasingly reflect outdated assumptions rather than the capabilities of today’s technologies. Instead, fragmented standards and a shortage of DC-specific skills are seen as the primary challenges that need to be addressed urgently to accelerate deployment.

ABB was the first company to demonstrate the energy-saving potential of DC in vessels with a DC-based onboard power system that achieved fuel savings of up to 27 percent and launched the industry’s first solid state circuit breaker in 2022. With more than 700 DC-related patents, ABB is now bringing DC distribution to a much broader range of applications, including electric transport, microgrids and data centers. It is also working with industry partners to explore how DC distribution can support low-carbon aluminum production and the production of green hydrogen.

The full report is available at: 

https://www.abb.com/global/en/company/innovation/hybrid-ac-dc-power 

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

For more information please contact:

Media Relations

Phone: +41 43 317 71 11

Email: media.relations@ch.abb.com



Investor Relations

Phone: +41 43 317 71 11

Email: investor.relations@ch.abb.com



ABB Ltd

Affolternstrasse 44

8050 Zurich

Switzerland

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Samarkand to Host the Largest Chess Olympiad in History

LONDON, Sept. 9, 2026 /PRNewswire/ — On 15 September this year, the 46th World Chess Olympiad will start at the Silk Road international tourism centre in Samarkand. In the history of the prestigious competition, held since 1927, Central Asia will host the chess world’s largest team tournament for the first time.

A total of 398 teams will compete: 208 in the men’s (Open) section and 190 in the women’s section. This will break the record of 380 teams set in Budapest in 2024. The competition will consist of 11 rounds and run until 27 September.

From 10 to 18 September, Samarkand will also host the 3rd Chess Paralympiad. 41 teams will take part — the highest figure in its history.

Held in historic Samarkand, a city on the UNESCO World Heritage List and one of the key crossroads of the Great Silk Road, the competition combines sport with a platform for cultural diplomacy and international dialogue.

According to the teams’ average rating, the United States is seeded first in the men’s (Open) section. Reigning champion India is seeded second, and Uzbekistan third.

The Uzbekistan line-ups reflect the emergence of a new generation of Uzbek chess. In particular, Nilufarkhon Imomkuziyeva and Khumoyun Begmurodov, both aged 16, will make their Olympiad debut.

In the Uzbekistan men’s team, Javokhir Sindarov (4th), Nodirbek Abdusattorov (7th), Nodirbek Yakubboev (39th) and Shamsiddin Vokhidov (61st) are among the world’s 100 strongest players. That Sindarov and Abdusattorov are among the world’s ten strongest clearly demonstrates the competitiveness of the Uzbek chess school.

Compared with 2025, the Uzbekistan men’s team has risen 15 places in the FIDE ranking among 204 countries to sixth. The women’s team has risen 17 places to 21st.

Alongside the Olympiad, the 97th FIDE Congress will take place in Samarkand from 19 to 28 September. It will also include the FIDE presidential election.

The Olympiad will be another important stage for Uzbekistan’s Javokhir Sindarov. Eight weeks after the Olympiad ends, he will face reigning world champion Gukesh Dommaraju for the world chess crown. Both will be 20 at the start of the match, scheduled for Geneva from 22 November to 13 December.

Hosting the 46th World Chess Olympiad, the 3rd Chess Paralympiad and the FIDE Congress simultaneously demonstrates Uzbekistan’s capacity to organise major international sporting and intellectual events at a high level.

Full details on the official tournament website: chessolympiad2026.fide.com

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