21, Oct 2026
IIT Madras’ First-Ever Durga Puja Draws Over 2,500 People, Celebrates Bengal’s Cultural Heritage

Chennai, Oct 21: The maiden Durga Puja celebration at the Indian Institute of Technology (IIT) Madras has emerged as a major success, bringing together more than 2,500 people over four days and creating a vibrant platform for cultural exchange, religious devotion and community bonding.

IIT Madras’ First-Ever Durga Puja Draws Over 2,500 People, Celebrates Bengal’s Cultural Heritage

 Representational Image 

Organised by the IIT Madras Bengali community in association with Diganto, an independent student body and cultural club under the institute’s cultural umbrella, Sangam, the five-day celebration introduced the traditions and festive spirit of Bengal to the campus.

The festivities, which began on Sasthi evening and culminated on Vijaya Dashami, featured traditional rituals, Vedic chanting, homam and arati. IIT Madras Director V. Kamakoti also participated in the religious proceedings and chanted chapters from the Durga Saptashati, adding to the spiritual significance of the occasion.

Campus Turns Into A Cultural Confluence

Held at the institute’s community hall, the celebration was open not only to students, faculty members and staff but also to campus families and residents of neighbouring areas. Visitors from across Chennai joined the festivities, making the event a meeting point for people from diverse cultural and regional backgrounds.

According to the institute, the initiative reflected its commitment to fostering an inclusive campus environment where traditions from different parts of the country could be shared and appreciated.

Organisers paid close attention to the rituals and customs associated with Durga Puja. For attendees experiencing the festival for the first time, the proceedings offered an opportunity to understand the significance of individual ceremonies, their religious context and their place in Bengali cultural life.

A professor associated with the celebrations described the event as a cultural melting pot, noting that the enthusiastic participation of local residents and people from different regions contributed significantly to its success.

Beyond Religion, A Celebration Of Cultural Exchange

The programme went beyond religious observances to introduce participants to the broader cultural meaning of Durga Puja. Visitors learned about traditional offerings to the Goddess, including bhog, as well as the significance of Sandhi Puja, an important ritual performed at the transition between Ashtami and Navami.

The celebrations also highlighted the distinctive Bengali tradition of regarding Goddess Durga as a daughter returning to her parental home with her children before departing for her husband Lord Shiva’s abode at Mount Kailash.

The emotional significance of this tradition becomes particularly evident on Vijaya Dashami, when devotees bid farewell to the Goddess and look forward to welcoming her again the following year.

For Bengali students and families living on campus, the festivities provided a sense of familiarity and belonging, bringing a cherished home tradition into their academic surroundings. At the same time, participants from other backgrounds gained an opportunity to experience a festival deeply rooted in the cultural identity of eastern India.

Bringing Bengal’s Festive Traditions To Chennai

Durga Puja is celebrated on a grand scale across West Bengal, Odisha, Bihar, Jharkhand and northeastern states such as Assam and Tripura, with regional variations enriching the festival’s traditions.

Chennai, too, hosts several prominent Durga Puja celebrations organised by the Bengali community, attracting devotees and visitors from across Tamil Nadu.

Against this backdrop, IIT Madras’ first campus-wide celebration marked a significant addition to the city’s festive calendar. By bringing religious rituals, cultural learning and community participation together, the initiative demonstrated how festivals can bridge regional differences and strengthen social connections.

The successful inaugural celebration has set a positive precedent for cultural engagement on campus, underlining that the essence of Durga Puja extends beyond worship to embrace shared traditions, inclusivity and a spirit of togetherness.

21, Oct 2026
Puri Srimandir To Witness Grand ‘Raja Besha’ Of Lord Jagannath And Siblings On Vijayadashami

Puri, Oct 21: The sacred town of Puri is witnessing a surge of devotion as Lord Jagannath, Lord Balabhadra and Goddess Subhadra are set to be adorned in the magnificent ‘Raja Besha’ at the revered Srimandir on the auspicious occasion of Vijayadashami on Wednesday.

Puri Srimandir To Witness Grand ‘Raja Besha’ Of Lord Jagannath And Siblings On Vijayadashami

 Representational Image 

The special ritual, one of the significant ceremonial adornments of the Holy Trinity, is expected to draw thousands of devotees to the 12th-century shrine, with pilgrims gathering in the temple town to seek the blessings of the deities on the occasion of Dussehra.

Preparations for the elaborate adornment will commence after the completion of the ‘Abakasa’ rituals. As part of the arrangements, servitors belonging to the Bhandara Mekapa category will bring sandalwood paste in three silver bowls, along with gold ornaments required for the ceremonial dressing.

During the ‘Raja Besha’, the three deities will be dressed in new garments and adorned with sandalwood paste and 32 varieties of gold ornaments. Sacred ‘Pata Bastra’ and ‘Panchakhanda’ flower garlands will further enhance the grandeur of the divine attire.

The ceremonial adornment will also feature traditional weapons associated with the deities, including ‘Hala Musala’, ‘Subarna Tadaki’ and ‘Sankha-Chakra’, adding to the spiritual and traditional significance of the occasion.

Vijayadashami, which marks the triumph of good over evil, holds immense religious importance across the country. At Puri Srimandir, the occasion is observed through distinctive rituals and traditions that reflect the rich cultural and spiritual heritage of Odisha.

The ‘Raja Besha’ remains a special occasion in the annual ritual calendar of the temple, offering devotees an opportunity to witness the Holy Trinity in regal splendour. The ceremony also highlights the centuries-old traditions meticulously preserved by the temple servitors.

With devotees arriving from different parts of Odisha and beyond, the occasion has once again placed Puri at the centre of religious fervour, as pilgrims look forward to witnessing the divine splendour of Lord Jagannath and His siblings on the auspicious day of Vijayadashami.

21, Oct 2026
AAEON to Debut New Networking & Cybersecurity Solutions Powered by Intel Xeon 6 Processors at it-sa Expo&Congress 2026

AAEON’s comprehensive lineup of networking and security platforms will be on show throughout Europe’s leading IT security tradeshow.

AAEON to Debut New Networking & Cybersecurity Solutions Powered by Intel Xeon 6 Processors at it-sa Expo&Congress 2026

 

Taipei, Taiwan – Oct 21: AAEON (Stock Code: 6579), a leading producer of networking and cybersecurity platforms will showcase a range of its most advanced products across multiple platforms at it-sa Expo&Congress.

Venue: NürnbergMesse, Germany

Date: 27 – 29 October 2026

Booth: Hall 6, Booth 301

Europe’s largest trade fair for IT security solutions, it-sa Expo&Congress has been operating since 2009 and saw a record 28,267 visitors from 64 countries and over 900 exhibitors during its 2025 edition. This year, visitors will see a broad selection of leading enterprises from the cybersecurity sphere exhibiting new and innovative platforms, while also hosting hundreds of forum sessions on key topics within the industry, ranging from AI and quantum security to governance and risk management.

In keeping with the exhibition’s theme, AAEON’s key product features will be from its Network Security Division, which will include the upcoming FWS-7700, a 1U Rackmount Network Appliance offering up to 80 cores of processing power through new Intel® Xeon® 6700/6500-series processors (formerly Granite Rapids), due to enter mass production in December of this year.

The event will provide a detailed insight into AAEON’s 2027 network security product roadmap, with a particular standout being the FWS-7550, a 1U Rackmount Network Appliance featuring Intel® Xeon® 6 processors and up to 10 RJ-45 ports alongside eight SFP28 ports offering 25GbE speeds. AAEON will also debut its first Rackmount Network Appliance powered by AMD Ryzen™ 9000 Series Processors, the NWR-1U2B6500.

On display from its Desktop Network Appliance portfolio will be the FWS-2290, FWS-2291 and FWS-2292, a trio of compact white box platforms available with three generations of Intel® Processor N-series SoCs (formerly Alder Lake-N, Amston Lake, and Twin Lake). In addition to this, visitors to Booth 301 can expect to see a number of upcoming NIM modules from AAEON, offering a variety of powerful networking expansion options.

​AAEON invites all interested parties to join them at it-sa Expo&Congress, where attendees can discuss their needs and discover the wide-ranging innovative technologies shaping the future of IT security and networking.

21, Oct 2026
Sunrate and TourMind Partner to Enhance Payment Capabilities for the Global Travel Industry

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — Sunrate, the global payment and treasury management platform, today announced a strategic partnership with TourMind, an AI-powered global travel transaction infrastructure platform, at ITB Asia 2026. Through the collaboration, the two companies will integrate Sunrate’s payment capabilities into TourMind’s technology ecosystem, helping travel businesses streamline payment operations and support their growth across international markets.

As travel distribution becomes increasingly digital and interconnected, travel businesses face growing demands to manage supplier payments, foreign exchange and financial operations across multiple markets. By combining Sunrate’s global payment infrastructure with TourMind’s travel technology and API connectivity, the partnership aims to address these operational needs and deliver a more integrated experience for travel businesses.

Through the integration, TourMind will incorporate Sunrate’s payment capabilities, such as Sunrate Cards, into its platform, bringing payment services closer to travel businesses’ operational workflows and supporting their evolving needs across international markets. The collaboration reflects both companies’ commitment to improving operational efficiency and strengthening the financial infrastructure underpinning the global travel ecosystem.

“Sunrate has established a strong presence in global travel payments and continues to expand across international markets. As AI reshapes the travel industry, we are advancing our payment capabilities, including our Agentic Card, to enable more intelligent and seamless payment experiences. Our shared vision with TourMind for applying AI to travel makes this a natural partnership, and we look forward to shaping the future of travel payments together,” said Paul Meng, Co-founder and CEO of Sunrate.

“AI is reshaping how travel businesses operate, and at TourMind, we are focused on building intelligent solutions that make every part of the travel experience smarter and more efficient,” said Karma Young, CEO of TourMind. “By integrating Sunrate’s payment capabilities into our AI-powered platform, we are making payments a seamless part of our partners’ workflows, helping them manage transactions across markets with greater ease. We look forward to working with Sunrate to support travel businesses as they grow in an increasingly AI-driven industry.”

The partnership underscores the importance of connecting travel technology with financial infrastructure as the industry continues to evolve. By bringing payment capabilities closer to travel distribution and booking operations, Sunrate and TourMind aim to help travel businesses simplify financial workflows and better support their international operations.

About Sunrate

Sunrate is a leading global payment and treasury management platform for businesses worldwide. Founded in 2016, Sunrate has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge infrastructure, global network, and unified solutions. 

Sunrate operates through offices across key markets, including Singapore, Kuala Lumpur, Jakarta, Hong Kong, Shanghai, and London. The company partners with the top global financial institutions, such as Citibank, Standard Chartered, and J.P. Morgan. Sunrate is also the principal member of Mastercard and Visa. To learn more about Sunrate, visit https://www.sunrate.com/.

About TourMind

TourMind is an AI-Powered global travel transaction infrastructure platform. The company leverages advanced AI algorithms and machine learning to specialize in intelligent operations for hotels, flights, and comprehensive travel resources. The core capabilities include precision marketing strategy generation, real-time dynamic inventory management, omni-channel automated distribution, demand forecasting with customer behavior analysis, and more. Trusted by 32,000+ enterprise clients worldwide, TourMind operates across 3,000+ destinations with 600+ airlines, 56,000+ direct hotel partnerships and access to over 2.2 million rooms.

Cision View original content:https://www.prnewswire.co.uk/news-releases/sunrate-and-tourmind-partner-to-enhance-payment-capabilities-for-the-global-travel-industry-302913010.html

21, Oct 2026
Optellum and RapidAI Bring AI-Supported Lung Nodule Management to the Rapid Enterprise™ Platform

Integration connects lung nodule identification, risk assessment, and follow-up with RapidAI’s clinical workflows, resilient infrastructure, and AI governance capabilities

 

OXFORD, United Kingdom and HOUSTON, October 21, 2026 

Optellum, the leader in AI-enabled lung cancer diagnostics, today announced that its Virtual Nodule Clinic (VNC) with Lung Cancer Prediction (LCP) AI is integrated with the Rapid Enterprise™ Platform from RapidAI, a global leader in enterprise clinical AI. VNC joins a portfolio of 50+ RapidAI-developed and third-party clinical solutions that support radiologists and care teams across the patient journey, extending the platform’s oncology coverage to the lung nodule pathway. RapidAI technology is used in more than 2,500 hospitals across 100+ countries.

Lung cancer remains the leading cause of cancer death in the United States and worldwide.1 Many lung nodules are found incidentally on CT scans performed for other reasons, and 60% are lost to follow-up2. Without a clear path to follow-up, the opportunity for earlier diagnosis can be missed.

Optellum VNC includes Patient Discovery AI, which automatically searches radiology reports for documented lung nodules and identifies patients for review. VNC’s workflow management tools support patient tracking and follow-up, and LCP AI analyzes CT images to assess a nodule’s cancer risk.

Together, these capabilities help care teams prioritize patients and reduce the risk of patients being lost to follow-up. VNC with LCP AI is the world’s first FDA-cleared and Medicare-reimbursed AI solution for image-based lung cancer risk stratification, reimbursed under named CPT 0721T/+0722T.

Optellum is directly deployed at hundreds of clinical sites and has analyzed over 3 million cases to date. Integration with the Rapid Enterprise Platform will help accelerate that footprint, bringing Optellum’s capabilities to more care teams.

Through the integration, pulmonologists and clinic managers can access Optellum’s capabilities as part of a connected enterprise platform. Health systems can deploy Optellum on their existing RapidAI platform through a single IT deployment, supported by consistent clinical workflows, best-in-class clinical solutions, and shared AI governance capabilities that provide a central place to monitor performance and oversee AI use.

“Our collaboration with RapidAI makes Virtual Nodule Clinic available to the many health systems that already rely on the Rapid Enterprise Platform,” said Johnathan Watkins, PhD, CEO of Optellum. “Integrating VNC into the Rapid platform expands access, streamlines IT deployment, and accelerates putting clinically validated solutions in the hands of care teams. Together, we can help more patients with lung nodules get the right care sooner.”

The solutions support clinical decision-making, with qualified clinicians responsible for interpreting results and determining appropriate patient care.

21, Oct 2026
Brainomix Multicenter Study Demonstrates Potential of Quantitative CT for Earlier Detection of Progressive Pulmonary Fibrosis (PPF)

OXFORD, UK and CHICAGO, Oct 21, 2026 – Brainomix, a leading medtech company specializing in AI-powered imaging tools for lung disease and stroke, today announced the publication of new data from the REVISE PPF multicenter observational study demonstrating the potential of quantitative CT to help clinicians identify radiological evidence of progressive pulmonary fibrosis (PPF) significantly earlier than was possible using standard-of-care approaches.  With additional insights supporting their assessment of disease progression and patient risk, clinicians could use quantitative CT data to complement their diagnostic and risk stratification assessments, support more informed and timely treatment decisions, and potentially improve patient outcomes.

Published in The Annals of the American Thoracic Society, the retrospective study  evaluated 509 patients with fibrotic interstitial lung disease (ILD) across three specialist US centres: the University of Chicago, Weill Cornell Medicine and the University of Alabama at Birmingham. Researchers used Brainomix e-Lung, an FDA-cleared and CE marked AI-powered quantitative CT tool, to assess objective imaging outputs. The authors were able to relate their findings to ILD disease burden and pulmonary fibrosis progression.

Using Brainomix e-Lung quantitative CT measures, the researchers identified radiological progression an average of 16 months before the clinical PPF diagnosis, and up to 28 months earlier at one centre.  The analysis also identified radiological progression in a substantial proportion of patients who had been categorized as clinically stable, highlighting the potential for clinicians to use quantitative CT insights to identify previously unrecognized progression of pulmonary fibrosis in patients who may benefit from earlier treatment.

The study demonstrated how clinicians could derive valuable prognostic insights through their use of quantitative CT outputs. Specifically, a high baseline weighted reticulovascular score (WRVS) was associated with an increased risk of future PPF, while a 1.5% change in total disease extent on serial CT scans was associated with increased mortality. As current treatments can slow but not reverse lung function decline, these additional quantitative CT insights could enable clinicians to identify patients at greatest risk earlier, supporting more timely treatment decisions at a stage when more lung function may still be preserved.

Professor Ayodeji Adegunsoye, Pulmonologist at the University of Chicago Medicine and lead author of the study, said:

“This study provides important real-world evidence that quantitative CT can help clinicians uncover disease progression that may otherwise go unrecognized, including in patients who were considered clinically stable. Tools such as e-Lung have the potential to complement the information we gain from symptoms, lung function and conventional radiological assessment. This could help clinicians identify patients experiencing progressive pulmonary fibrosis earlier and make more informed decisions about monitoring and treatment.”

The study’s principal investigator, Professor Peter George, Consultant Pulmonologist at Royal Brompton Hospital and Senior Medical Director at Brainomix, said:

“The challenge with progressive pulmonary fibrosis is that by the time progression becomes clinically apparent, patients may already have experienced significant and potentially irreversible loss of lung function. These findings show that quantitative CT can reveal subtle changes in radiological features which can be challenging to detect through conventional assessment. The potential for clinicians to identify progression up to 28 months earlier is particularly striking and highlights the potential of integrating objective imaging measures into routine ILD care to support earlier diagnosis and treatment, with the aim of preserving lung function and improving outcomes for patients.”

The research was supported by funding from Boehringer Ingelheim, the leading biopharmaceutical company providing therapeutic options for interstitial lung disease (ILD). Martin Beck, Senior Vice President and Head of Therapeutic Area Inflammation, Boehringer Ingelheim, said:

“Lungs can’t wait, especially when a disease is progressive and the loss of lung function is irreversible. Recognizing progression as early as possible is therefore critical for people living with progressive pulmonary fibrosis. These findings provide valuable insights into how quantitative CT could complement existing clinical assessments and help identify signs of progression earlier. By supporting research such as this, we aim to deepen understanding of PPF and help advance more informed and timely care decisions for patients.”

Building on the findings from REVISE-PPF, Brainomix and Boehringer Ingelheim are continuing their collaboration through PROGRESS-PPF, a prospective, multicenter US study that will explore how AI-powered quantitative outputs could help clinicians enhance their understanding of PPF. Using e-Lung, the study will assess how quantitative CT could complement clinical assessments. Clinicians could use this data to gain new insights into disease progression and potentially support more informed treatment decisions.

This study has not been evaluated by FDA.

21, Oct 2026
Reliance on AI to Drive Tasks and Bolster Customer Experience Grows; Success Driven by Strong AI/SaaS Partnerships, Connected Data and Processes

Redwood City, Calif., October 21, 2026 – Propel Software, creator of the first product value management (PVM) platform that transforms how businesses create, market, sell, and service products, provides its annual business and technology predictions for the coming year. Propel CEO Ross Meyercord identifies five key trends for 2027. 

AI Shifts From SaaS Killer to SaaS Kingmaker

The SaaSpocalypse narrative will give way to a new reality: AI and SaaS grow stronger together. AI companies will find more value in partnering with established SaaS providers, while SaaS companies will use AI to create sharper, more valuable customer experiences. The gap will widen between platforms with deep, connected capabilities and those with cursory bolt-on features. SaaS providers that move quickly to connect their data, workflows, and AI strategy will be positioned for sustained growth. Those with disconnected data and processes will lose out on the next round of AI-driven growth. 

AI Evolves from Human in the Loop to Human in the Audit Trail

As experienced subject matter experts train AI on proven processes, their knowledge will become embedded in the systems teams use every day. Over time, newer employees may not have the same depth of experience to challenge AI recommendations. For established, repeatable work, organizations will increasingly trust AI to make the right call and complete tasks faster without constant human review. These tasks will be flagged as AI generated with detailed audit logs to allow for periodic reviews and audits by humans. Human expertise will remain essential for designing new processes, handling exceptions, and setting the standards AI follows. 

Care Continues its Move From Facilities to the Home

Healthcare delivery will continue shifting beyond hospitals and ambulatory surgery centers and into patients’ homes. An aging population, combined with advances in wearables, remote monitoring, connected implants, and home diagnostics, will make this model more practical, necessary and cost effective. MedTech companies will need to design products and product experiences for continuous use outside clinical settings. That requires reliable product data, connected teams, and a clear view of every change across the product lifecycle. AI-assisted monitoring of this data is a must as the volume of inbound data will overwhelm human teams. 

Manufacturers Rebuild Their Tech Stacks to Optimize AI

Companies will shift from adding AI that supports their systems to adding systems that support their AI. That means cleaning data, connecting sources, and investing in solutions AI needs to do useful work. AI and Model Context Protocol (MCP) connections will help bridge some systems, but they won’t replace missing data or capabilities. Expect manufacturers to invest in system of record solutions, such as product lifecycle management (PLM) and application lifecycle management (ALM), that give AI access to bills of materials, connect quality records to product changes, or link service history to engineering data. Investment will focus on giving AI reliable context, not simply adding another tool. 

AI Moves From Boardroom Sizzle to Everyday Results

AI priorities will shift from high-visibility demonstrations to practical applications that improve daily work. Manufacturers will focus less on occasional, headline-grabbing challenges and more on repetitive, cross-system tasks that consume time and slow operations. The next round of agents will automate routine engineering handoffs, verification tasks, and delivery workflows, with success measured by shorter cycle times, less rework, smoother delivery, and lower cost per change. Executive teams will judge AI by its impact on throughput, quality, risk, and margin, not the attention a pilot attracts.

21, Oct 2026
Child Care Aware of Missouri Hires Employer Engagement Liaison

Kim Voelker brings more than 20 years of leadership experience to the nonprofit’s Child Care Works program.

(St. Louis, Mo., Oct. 21, 2026) Child Care Aware of Missouri (CCAMO) has hired Kim Voelker as Employer Engagement Liaison for the Child Care Works (CCW) program.

In this role, Voelker will lead market development and employer engagement efforts for growing the employer-sponsored child care benefits program across the state, which is designed to strengthen Missouri’s workforce and economy.

Voelker brings more than 20 years of leadership experience in community development and organizational strategy to her position. Her background includes serving as Director of Member Engagement and Director of Investor Relations at the Missouri Chamber of Commerce and Industry. She also served as Vice President of the Cape Girardeau Area Chamber of Commerce and Campaign Director at United Way of Southeast Missouri.

Child Care Aware of Missouri Hires Employer Engagement Liaison

 

“Kim’s extensive relationships with employers, chambers of commerce and community leaders across Missouri will be invaluable as we expand Child Care Works,” said Robin Phillips, CEO of Child Care Aware of Missouri. “She understands the challenges businesses and working families face, and her experience building partnerships throughout the state will help us connect more employers with practical child care solutions for their employees.”

Child Care Works is Missouri’s first comprehensive employer-focused child care cost-share initiative. The program shares the cost of licensed child care among employers, families and state or philanthropic funding partners, helping close the affordability gap for working families who earn too much to qualify for traditional child care subsidies.

Child Care Aware of Missouri (CCAMO) is a statewide nonprofit intermediary dedicated to advancing early childhood education through impactful programs and partnerships since 1999. CCAMO promotes accessible, high-quality child care as essential infrastructure for Missouri’s workforce, communities and economy. The organization works at the intersection of early childhood and workforce development to help build a more resilient state economy. For more information, call 314-535-1458 or visit www.mochildcareaware.org.

21, Oct 2026
Dr. Peter Shor Anchors Prominent Group of Quantum Scientists Joining Zapata’s Advisory Board

New appointments of global quantum experts Shor, Paler, Devitt and Izmaylov further validate Zapata’s approach to quantum software

BOSTON, MA – October 21, 2026 – Zapata Quantum (OTCQB: ZPTA) (“Zapata”, “Zapata Quantum” or the “Company”), a pioneer in quantum computing application and algorithm development, today announced the appointment of Dr. Peter Shor and other notable scientists to its Scientific Advisory Board (SAB). Shor is the MIT mathematician whose landmark 1994 algorithm, now known as Shor’s algorithm, showed how quantum computers could solve a major computational problem far faster than the best-known classical methods, helping launch the modern field of quantum computing.

“Quantum computers will only be as useful as the applications we run on them. As hardware matures toward fault tolerance, it’s critical that we discover and develop new algorithms to truly unlock the power of this new technology,” said Dr. Shor. “I’m excited about the work Zapata is doing in this area and look forward to helping guide those efforts.”

The new SAB members will advise on Zapata’s scientific and technical direction, including the further development of Quantum Pilot™, its hardware-agnostic platform combining decision intelligence and engineering to discover and develop quantum applications.

In addition to Dr. Shor, other distinguished scientists joining the SAB include Dr. Alexandru Paler, Associate Professor of Computer Science at Aalto University in Finland; Dr. Simon Devitt, Professor and Director of the Centre for Quantum Software and Information (QSI) at the University of Technology, Sydney; and Dr. Artur Izmaylov, Professor of Theoretical and Computational Chemistry at the University of Toronto.

“Dr. Shor’s work is the reason this entire field exists. His discovery of quantum algorithmic advantage is the foundational proof point the industry has been built upon, and having his guidance regarding our scientific direction is strong validation of our approach,” said Sumit Kapur, CEO of Zapata Quantum. “Together with Dr. Paler, Dr. Devitt and Dr. Izmaylov, our expanded SAB reinforces Zapata’s leadership across the most technically demanding layers of the quantum software stack.”

Dr. Peter Shor: The Scientific Foundation of Quantum Advantage

Dr. Shor is the Henry Adams Morss and Henry Adams Morss, Jr. Professor of Applied Mathematics at MIT and one of the most decorated scientists in quantum computing. In 1994, he discovered Shor’s algorithm, proving a quantum computer could factor large integers — the mathematical problem underlying RSA encryption — exponentially faster than any classical computer, a breakthrough that ignited the field and made quantum-safe cybersecurity one of its highest-stakes challenges. In 1995, he introduced the first quantum error-correcting code, the foundational insight behind fault-tolerant quantum architectures. His honors include a MacArthur Fellowship, the Gödel Prize, and the Breakthrough Prize in Fundamental Physics.

Shor’s appointment places the discoverer of quantum computational advantage as a key advisor regarding Zapata’s methodology and software, reinforcing the Company’s commitment to the scientific rigor of its solution for enterprise customers, government partners and the broader quantum ecosystem.

Paler, Devitt, Izmaylov to Support Critical Layers of the Software Stack

Each new member of the SAB brings expertise in some of the most important and technically challenging areas of Zapata’s quantum software platform, including algorithm benchmarking, error correction architectures and quantum resource estimation—key factors that determine when and how quantum applications become commercially viable.

  • Dr. Paler specializes in quantum software, quantum circuit compilation, error correction, and simulation. He was previously a visiting fellow at the University of Texas, Dallas, where his research focused on quantum resource estimation. Dr. Paler also chaired the Quantum Resource Estimation Workshop organized at the International Symposium on Computer Architecture.
  • Dr. Devitt’s work has centered on large-scale quantum computing architectures, quantum network systems design, quantum programming development, and quantum error correction. He was appointed as a member of Australia’s National Quantum Advisory Committee in 2022, and he is a Fellow of the Australian Institute of Physics and the Royal Society of New South Wales.
  • Dr. Izmaylov’s research focuses on quantum chemistry and methods to reduce the practical bottlenecks in today’s noisy quantum processors. Dr. Izmaylov has made significant contributions to Qubit Coupled Cluster theory and advanced quantum measurement strategies, which have earned him awards like the Google Quantum Research Award and the American Chemical Society’s Journal of Physical Chemistry Lectureship Award. 

As the only US-based publicly traded, pure-play quantum software company and only organization to have participated across all technical areas of DARPA’s original Quantum Benchmarking program, Zapata views scientific governance and methodological rigor as core to its responsibility in shaping the quantum software ecosystem.

“The path to large-scale commercially viable quantum applications depends on solving critical bottlenecks in resource estimation, error correction and algorithm design,” said Yudong Cao, CTO of Zapata Quantum. “Dr. Paler, Dr. Devitt and Dr. Izmaylov each bring deep expertise in these exact layers of the stack. Their perspective strengthens our ability to relieve the constraints that limit practical quantum computing today and positions Zapata to play a leading role as the industry transitions to scalable quantum execution.”

Dr. Shor, Dr. Paler, Dr. Devitt and Dr. Izmaylov join Zapata’s existing Scientific Advisory Board members, Dr. Alireza Shabani, Dr. Austin G. Fowler and Dr. Jeff Grover.

21, Oct 2026
Bringing Better Software to Banks and Businesses Everywhere

Extend is on a mission to bring better finance tools to banks and the businesses they serve—and Mastercard is helping accelerate that vision. 

Businesses today expect more from their company cards than a way to pay. When it comes to running their financial operation, a small or mid-sized business can easily end up juggling too many platforms across banking, accounting, payroll, bill pay, and expenses—and owners report spending about 20 hours a week on accounting tasks. Every tool added to the stack means another login, another data silo, and another manual handoff. What businesses want is fewer tools that do more.

We saw this early. When we started Extend, virtual cards were quickly proving how much more a business payment could do: beyond control and security, every card carried data that could automate approvals, reporting, and reconciliation. We saw the wave of neo-issuers and cloud-based processors with their rip-and-replace mentality around financial infrastructure—but their software-first approach and new infrastructure fueled a new generation of financial technology development. The best rose to the top and proved what a better experience could look like for businesses. Now traditional banks are working out how to deliver that same experience to the customers they already serve.

Banks have the relationships. Now they need the software.

Banks start with an advantage that’s hard to compete with. Large banks have historically served about 85% of the small business card market, and businesses trust them with their deposits, their credit, their treasury solution expertise, and ultimately, their business.

But the card itself is becoming a commodity. Issuing cards and adding program benefits is no longer enough to set a program apart. As the Nilson Report noted last December, commercial card issuers have been losing business to software-first providers. Businesses aren’t leaving for a better card—they’re leaving for better tools.

That puts banks in a race. To compete for, win, and keep business customers, they need to deliver a modern software experience on top of the card programs they already run, and they need it now.

Extend and Mastercard are delivering it.

That’s the gap our partnership with Mastercard closes. Mastercard has selected Extend as one of its financial operations platform partners that will bring modern spend and expense management to issuing banks and their existing commercial card programs across the US and Canada. 

For banks, it’s an out-of-the-box, software-first experience for the card programs they already offer. For businesses, it means world-class software from the bank they already work with: instant access with the cards they already have, virtual cards, automated month-end reconciliation, AI agents, and real-time visibility into team and vendor spend—all in one place.

“Mastercard is steadfast in its commitment to small and mid-sized businesses and its decision to bring Extend to issuers is an exciting moment for our company—and for the industry. No business should have to choose between a trusted bank and better operational solutions.” — Andrew Jamison, CEO and Co-Founder, Extend

“We work closely with our issuing banks to understand and serve the needs of business customers. The message is simple: they want tools that make their job easier, and Extend does just that.” — Ginger Siegel, Head of North America Small and Mid Market Business, Mastercard

When the software comes with the bank, how will neo-issuers compete?

For years, modern spend and expense management solutions came with one big condition: switch your card, and often your trusted bank, to get it. That’s no longer an issue. With Mastercard bringing Extend to issuers across its network, the best software is no longer something businesses have to leave their bank to find—and that changes the game. 

When the experience that once required switching to a neo-bank comes standard with the bank they already trust, businesses can choose a financial partner for the reasons that have always mattered: trust, credit, service, and a relationship that grows with them.