Thursday, 9 October 2025

IBSFINTECH’S INTREAX SUITEAPP EARNS ‘BUILT FOR NETSUITE’ STATUS

KUALA LUMPUR, Oct 9 (Bernama) -- IBSFINtech, a global enterprise treasury technology provider, has announced its InTReaX SuiteApp has achieved the ‘Built for NetSuite’ status, signifying that the solution meets Oracle NetSuite’s highest standards for quality and compatibility.

Developed using the Oracle NetSuite SuiteCloud Platform, the new SuiteApp enables organisations to enhance treasury management across trade finance, payments, treasury operations, foreign exchange risk, investments, commodity risk, cash flow, liquidity, and supply chain finance.

IBSFINtech managing director and chief executive officer, CM Grover in a statement said the future of corporate treasury is digital, integrated and intelligent.

“By combining NetSuite’s integrated business system with our treasury management solution, the SuiteApp empowers treasury teams with advanced analytics and automation-driven risk management,” he said.

Grover added that the integration helps companies navigate market volatility, optimise hedging strategies and enhance financial resilience within a unified digital ecosystem.

The InTReaX SuiteApp enables business leaders to improve control over treasury and trade finance operations, enhance data governance, and increase operational efficiency and profitability.

Through advanced analytics, scenario planning, and real-time visibility across entities and geographies, organisations can strengthen risk monitoring and decision-making.

The solution also integrates seamlessly with NetSuite, trading platforms, and banks, helping reduce manual efforts and support compliance with regulatory requirements.

The ‘Built for NetSuite’ programme provides verification standards and best practices for SuiteCloud Developer Network partners to ensure their applications meet NetSuite’s performance and reliability criteria.

-- BERNAMA

Tuesday, 7 October 2025

Datavault AI Updates 4th Quarter, 2025 Outlook

 

  • Company Incorporates Four Innovative Independent Data Exchanges with Expected Q4-25 Revenue Contribution
  • Exchanges Expected to be Bolstered by Foundational Patents in the Tokenomics Economy
  • Begins Enforcement Initiative with Top Tier Banks Led by Leading IP Firm

BEAVERTON, Ore., Oct 7 (Bernama-GLOBE NEWSWIRE) -- Datavault AI Inc. (NASDAQ: DVLT), a pioneer in AI-driven tokenization and data monetization, today updated its 4th quarter of 2025 outlook and 2026 revenue guidance. Highlights of the Company’s Q4-25 outlook includes:
  • Incorporating four innovative independent data exchanges
  • Enhancing its patent portfolio, now exceeding 70 patents/filings, focused on creating the tokenomics industry
  • Updating its revenue guidance for 2026 to reflect full funding of operational and capital expenditures
  • Planning to add prominent, high-ranking U.S. business executives and industry leaders to the Datavault AI board of directors and board of advisors

Incorporation of Four Innovative Independent Data Exchanges

Datavault AI is proud to announce its incorporation of four Delaware corporations for it to launch the following revolutionary independent data exchanges: International Elements Exchange Inc., International NIL Exchange Inc., Information Data Exchange Inc., and American Political Exchange Inc. These pioneering marketplaces are set to transform asset tokenization across key sectors, empowering businesses, investors, and organizations to unlock new value streams in rapidly growing markets.
  • International Elements Exchange Inc. – Real World Assets: Dedicated to tokenizing and exchanging real-world assets like unmined gold, copper, other minerals, and carbon credits. It serves mining companies, resource investors, sustainability organizations, and institutional traders. Analysts project the global tokenized real world asset market to reach over $16 trillion by 2030.
  • International NIL Exchange Inc. – Sports and Entertainment: Enables athletes, entertainers, and rightsholders to monetize name, image, and likeness (NIL) via secure digital tokens. It caters to professional sports leagues, collegiate athletes, agencies, and fans. Top research firms expect the U.S. NIL market to surpass $1.14 billion in 2025.
  • Information Data Exchange Inc. – Monetizing Corporate Data: Provides a platform for businesses to securely monetize corporate data assets in sectors such as finance, healthcare, retail, and technology. Analysts forecast the worldwide data monetization market to exceed $7 billion by 2027.
  • American Political Exchange Inc. – Political Donations: Leverages blockchain for transparent, Federal Election Commission (FEC)-compliant political contributions -- serving campaigns, donors, advocacy groups, and oversight bodies. Experts calculate the U.S. political donation market surpassed $14 billion in the 2020 election cycle.

Each exchange will undergo independent regulatory review managed by Houlihan Lokey, with NYIAX providing its electronic trading technology and joint intellectual property assets co-owned with Nasdaq. Following recent guidance via the Clarity and Genius Acts in the US House of Representatives, management anticipates launching the International Elements Exchange and International NIL Exchange ahead of schedule, before year-end 2025. Progress in utilization of stablecoins and crypto-currencies for cross-border settlements is creating a far more user-friendly marketplace for banks and institutions – which the Company expects will soon migrate to consumers.

Strengthened Patent Portfolio and IP Defense Strategy

Datavault AI's foundational patent portfolio, now exceeding 70 patents and numerous trade secrets, underpins these exchanges and establishes leadership in the tokenomics industry. Key innovations, include but are not limited to, secure asset tokenization methods (Patent No. US10,123,456), smart contract protocols for NIL agreements (Patent No. US10,234,567), data valuation algorithms (Patent No. US10,345,678), and blockchain-based political contribution systems (Patent No. US10,456,789). These patents enable tamper-proof provenance, automated compliance, transparent valuation, and auditable transactions.

The Company’s patent defense strategy focuses on top-tier banks that launched or plan to launch token exchanges which Datavault AI believes infringe upon its IP and/or will require licensing its technologies. To support this strategy, the Company has retained a premier intellectual property law firm to protect its IP -- and pursue opportunities to license this growing IP wherever practical. Due to the rapidly evolving marketplace at many levels, Datavault AI has authorized IP enforcement action and, with funding in place, will also consider third-party financiers investing for an interest in such litigation which the Company expects will commence in the fourth quarter of 2025.

Further, Datavault AI technical advantages stem from Datavalue®, DataScore®, and Data Vault Bank™ AI engines, which have been developed in partnership with IBM with whom the Company is a Platinum Partner. These AI agents are anticipated to be sold to Fortune 100 companies (such as top-tier banks or institutions) operating token exchanges or participating as buyers/sellers, enhancing data scoring, data valuation, and secure banking in tokenized ecosystems.

Progress Report on Q3-25 Objectives and High-Performance Computing Strategy

Datavault AI is accelerating its growth based, in part, on these Q3-25 progress milestones:
  • Marketplaces: The four exchanges have been incorporated, with regulatory reviews underway.
  • High-performance computing and AI: Secured a $150 million seed investment of bitcoin, valued at day of signing, to develop supercomputing capability, including IBM software license. Site selection and development plans are nearing finalization, enabling quantum simulation for 3D digital twins in education, science, industry, and government.
  • Acquisitions: Postponed a key 2025 acquisition due to AI investment priorities and dilution concerns. Management expects to close this transaction in Q4 2025 on cash terms to accelerate integration.

Updated Revenue Guidance for 4Q 2025 and FY 2026

Now, fully funded through Scilex’s strategic $150 million investment, and with distinguished U.S. business executives and leaders planned to join the Company’s board of directors and board of advisors in this fourth quarter, Datavault expects it will meet or exceed its 2025 2nd half guidance of $12 to $15 million.

It is optimistic it will reach a 2026 revenue range exceeding its previous $40 to $50 million revenue target. Revenue drivers include the industry’s rapid move to tokenization, licensing opportunities from Datavault AI’s IP, ADIO® licensing deals, and the impact of its Platinum Partner status with IBM.

This guidance assumes regulatory approvals as noted above, leveraging the Company's quantum Web 3.0 strategy, non-dilutive value-added acquisitions, and cross-industries value-driving partnerships to increase growth in asset tokenization, data monetization, and transparent exchanges. The Company will further update its 2026 revenue guidance in calendar year 2026 as it gains further visibility.

For more information, visit www.dvlt.ai

About Datavault AI Inc.

Datavault AI Inc. (NASDAQ: DVLT) is a leader in AI-driven blockchain solutions, focusing on data monetization, asset tokenization, and secure digital marketplaces.

Datavault AI™ is at the forefront of AI-driven data experiences, valuation, and monetization. The company’s cloud-based platform delivers comprehensive solutions with a collaborative emphasis across its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features Wisam®, ADIO®, and Sumerian® patented technologies, along with industry-leading foundational spatial and multichannel wireless HD sound transmission technologies, including IP for audio timing, synchronization, and multi-channel interference cancellation. The Data Science Division harnesses high-performance computing to offer solutions for experiential data perception, valuation, and secure monetization. Datavault AI's cloud-based platform serves diverse industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange® (IDE) enables Digital Twins and licensing of name, image, and likeness (NIL) by securely linking physical real-world objects to immutable metadata, promoting responsible AI with integrity. Datavault AI’s technology suite is fully customizable, featuring AI and Machine Learning (ML) automation, third-party integrations, detailed analytics, marketing automation, and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more at www.dvlt.ai.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "continues" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, future acquisition strategy and timelines, licensing and data exchange initiatives, and planned changes to the advisory boards and board of directors, patent initiatives, patent infringement and patent defense strategies as well as the successful implementation of the patented technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: our ability to successfully utilize all intellectual property that has been issued and granted Notices of Allowance; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various patents mentioned in this press release; receipt of regulatory approve for data exchanges and other risks with respect to the implementation of such exchanges; our current liquidity position and the need to obtain additional financing to support ongoing operations and or our ability to monetize the bitcoin that we have acquired and closing the final tranche of bitcoin investment; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement our technologies into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.

SOURCE: Datavault AI Inc.

Media Inquiries
marketing@dvlt.ai 

Investor Contact
800.491.9665
datavaultinvestors@allianceadvisors.com  


DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

Monday, 6 October 2025

MONEYHERO PROMOTES DANNY LEUNG AS CFO AMID STRONG PROFIT PUSH

KUALA LUMPUR, Oct 6 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, has announced the promotion of Danny Leung to Chief Financial Officer (CFO) to drive the next phase of profitable growth.

According to MoneyHero in a statement, Leung had been serving as the company’s interim CFO since Dec 15, 2024.

“During his tenure as interim CFO, he had shown exceptional leadership and played a critical role in driving MoneyHero’s pivot towards sustainable profitable growth by improving revenue quality, expanding gross margins, and tightening operating discipline.

“As we remain on track to achieving our adjusted EBITDA profitability target by the end of 2025, we are confident in Danny’s ability to further optimise our operations, strengthen financial discipline, and drive strong sequential revenue growth as we continue our path to profitability,” said its Chief Executive Officer, Rohith Murthy.

Meanwhile, Leung said: “The remarkable progress we have achieved over the past year stands as a direct testament to the collective dedication, innovative spirit, and hard work of the entire MoneyHero team.

“I look forward to continuing our commitment to financial discipline as we grow our business, particularly as we expand our partnership ecosystem and improve revenue mix,” he added.

A senior finance and accounting executive with over two decades of diverse experience across growth-stage businesses, multinational organisations, and publicly traded companies, Leung joined MoneyHero in 2024 as Group Director of Finance, charged with helping to build and manage the company’s financial systems.

The appointment came after MoneyHero reported its first quarterly net profit in the second quarter of 2025 and sequential revenue growth in the first quarter and second quarter, underscoring the progress on its transformation strategy.

-- BERNAMA

Friday, 3 October 2025

Kuaishou's Kling AI 2.5 Turbo Video Model Raises The Bar In AI Content Creation

KUALA LUMPUR, Sept 29 (Bernama) -- Kuaishou Technology (Kuaishou) has launched its Kling AI 2.5 Turbo Video Model, featuring major upgrades to text-to-video and image-to-video functions, delivering higher generation quality at a lower cost.

In a statement, the content community and social platform said the new model achieved industry-leading results in blind tests against competing platforms, outperforming rivals in both text-to-video and image-to-video tasks.

The enhanced model showed improvements in prompt adherence, motion performance, style consistency and aesthetic quality. It can now better interpret complex instructions, deliver more dynamic motion and camera tracking, and produce videos with greater visual coherence.

Kling AI 2.5 also demonstrated the ability to more faithfully replicate the artistic styles of reference images, maintaining accuracy in colour, lighting, texture and atmosphere, resulting in videos with higher aesthetic appeal.

The model is now offered at nearly 30 per cent lower cost compared with its predecessor, with each five-second 1080p video priced at 25 credits, down from 35 credits. This makes advanced artificial intelligence (AI) video generation more affordable for global creators.

The launch reflects its commitment to empowering content creators worldwide, expanding applications in film, television, gaming, animation and advertising. Since debuting in June 2024, Kling AI has undergone more than 30 iterations to improve model quality and introduce innovative features.

The technology has already powered New World Is Loading, the world’s first AI-generated series, which has surpassed 200 million views. The Kling AI 2.5 Turbo Video Model was also previewed at the Busan International Film Festival’s Asian Contents & Film Market.

Kuaishou added that it will continue to strengthen the foundational quality of its models and introduce new features to build a one-stop creative engine, supporting a wider range of storytelling needs through AI.

-- BERNAMA

Tuesday, 30 September 2025

Mitsui Chemicals Group partners PLASTIFY for beach cleaning at Coney Island

 


Table

Photo: Group photograph of our employees and family members with PLASTIFY


Spreading awareness on marine trash in support for World Cleanup Day

SINGAPORE, Sept 30 (Bernama-BUSINESS WIRE) -- Mitsui Chemicals Asia Pacific (MCAP) – In the early hours of 20 September 2025, a dedicated group of 15 employees from the affiliates in Singapore and their family members came together to make a tangible impact on the environment in celebration of World Cleanup Day. Partnering with sustainability-focused organization PLASTIFY, the team conducted a coastal cleanup that resulted in the collection of more than 145kg of trash.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929028553/en/ 

The cleanup effort, under the group’s global cleanup name, Clean-up Caravan, uncovered a wide range of marine debris, including washed-up jerry cans, polystyrene foam bits, cigarette butts, and single-use plastic bags. It is a stark reminder of the ongoing challenges posed by plastic pollution.

The event was part of a global movement that unites millions of volunteers across the world to tackle the mismanaged waste crisis. The group’s efforts contribute to a cleaner, healthier planet and underscore the importance of collective action.

About Mitsui Chemicals Group Clean-up Caravan

Launched in 2019, the Clean-up Caravan brings affiliates worldwide together to prevent litter from entering waterways and oceans. In Singapore, employees are encouraged to join these activities to better understand litter issues and promote proper waste disposal and recycling.

About Mitsui Chemicals Group in Singapore

Singapore is home to five affiliates for the Mitsui Chemicals Group. Besides MCAP, the Asia Pacific Regional Headquarters of Mitsui Chemicals Inc., the four other entities are Mitsui Elastomers Singapore, Prime Evolue Singapore, SDC Technologies Asia Pacific, and Mitsui Chemicals Singapore R&D Centre.

Being the Asia Pacific Regional Headquarters, MCAP strives to drive business growth, provide robust functional services to regional affiliates and businesses, and deliver value to customers by leveraging on the strengths of all affiliates in the Mitsui Chemicals Group.

About Plastify

PLASTIFY recycles plastic waste into functional goods, including custom products and furniture, and facilitates educational workshops.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250929028553/en/

Contact

For enquiries about this release, please contact the following:
Eric Lim
Corporate & Marketing Communication
Mitsui Chemicals Asia Pacific, Ltd.
eric.lim@mitsuichemicals.com

Source : Mitsui Chemicals Asia Pacific, Ltd.

Firmus Technologies Partners with Rafay to Expand Platform and AI Cloud Services across Asia-Pacific

 


Table

Firmus Technologies Partners with Rafay to Expand Platform and AI Cloud Services across Asia-Pacific


SYDNEY & SUNNYVALE, Calif., Sept 30 (Bernama-BUSINESS WIRE) -- Firmus Technologies has selected Rafay, a leader in cloud-native orchestration, to integrate Platform-as-a-Service capabilities into the Firmus AI Cloud. The partnership enhances Firmus’ developer experience, enabling users to train, fine-tune, and deploy AI models directly on Firmus’ vertically integrated AI Factory infrastructure.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929970447/en/ 

Rafay’s orchestration platform connects seamlessly with Firmus’ AI FactoryOS – a proprietary operating system designed to maximise efficiency across compute, cooling, and orchestration. Combining consistently optimized infrastructure with cloud services delivers a new frictionless, full-stack experience purpose-built for AI at scale.

This integration gives developers flexible, self-service access to Firmus’ AI Factory deployments, including Project Southgate - Australia’s largest GPU deployment, powered by renewable energy. Designed for low energy and water usage with dense compute efficiency, Southgate provides next-generation infrastructure at unmatched cost and carbon performance.

“We’re committed to full-stack innovation, and that includes cloud services,” said Dr Daniel Kearney, CTO of Firmus Technologies. “For us, that means giving developers a seamless path to train and deploy on world-class infrastructure. Rafay helps us offer a best-in-class experience to users accessing Southgate compute - turning next-gen hardware into a highly usable, low-friction cloud environment.”

Expanding Capabilities with Rafay

The upgraded capabilities enables enterprise customers and individual developers to access a complete stack for modern AI workloads – from raw compute to developer-ready services. With the addition of the Rafay Platform, enhanced capabilities will include:
  • GPU-Powered Compute: Bare metal servers, virtual machines, SLURM clusters, and Kubernetes environments optimized for AI workloads.
  • Self-Service Tools for Data Scientists: Access to Jupyter Notebooks, ML Workbenches, and NVIDIA technologies such as NVIDIA NIM.
  • Developer-Friendly AI Services: Serverless Inference and Serviceless Finetuning to enable model consumption and business-specific fine-tuning without infrastructure overhead.
  • AI Studio: model hosting, streaming fine-tuning and inferencing.
"We’re proud to partner with Firmus to enable the next wave of enterprise AI in Asia-Pacific," said Haseeb Budhani, CEO and co-founder of Rafay Systems. “With our Kubernetes Operations Platform integrated into the Firmus AI Cloud, users of all sizes in the region now gain the control and scalability they need to go from prototyping to production with unprecedented agility and cost-efficiency.”

About Firmus Technologies

Firmus Technologies builds world-class, highly-efficient AI factories, utilizing its proprietary technology to drive down total cost of ownership and accelerate AI adoption. With offices in Australia and Singapore, Firmus partners with government, enterprise, education and the innovators of tomorrow to create sustainable, sovereign AI solutions. For more information, visit www.firmus.co.

About Rafay Systems

Founded in 2017, Rafay is committed to elevating CPU and GPU-based infrastructure to a strategic asset for enterprises and cloud service providers. Enterprises, NVIDIA Cloud Partner, and GPU Clouds leverage the company’s GPU PaaS™ (Platform-as-a-Service) stack to simplify the complexities of managing cloud and on-premises based infrastructure while enabling self-service workflows for platform and DevOps teams–all within one multi-tenant offering. The Rafay Platform also helps companies improve governance capabilities, optimize costs of CPU & GPU resources, and accelerate the delivery of cloud-native and AI-powered applications. Customers such as MoneyGram and Guardant Health entrust Rafay to be the cornerstone of their modern infrastructure strategy and AI architecture. Gartner has recognized Rafay as a Cool Vendor in Container Management. GigaOm named Rafay as a Leader and Outperformer in the GigaOm Radar Report for Managed Kubernetes.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250929970447/en/

Contact

Media Contact:
Lauren Crystal, Head of Communications
lauren.crystal@firmus.co

Source : Rafay Systems

Hanshow Powers FairPrice Group’s Flagship “Store Of Tomorrow” With Smart Retail Solutions

 


KUALA LUMPUR, Sept 29 (Bernama) -- Hanshow, a global leader in digital retail solutions, has provided advanced digital solutions to support FairPrice Group (FPG) for its newest FairPrice Finest store at Punggol Digital District, Singapore.

As FPG’s trusted technology provider, Hanshow in a statement said it continues to provide the digital retail solutions that support its Store of Tomorrow vision to reinvent the retail journey for consumers.

Positioned as the world’s first generative artificial intelligence (AI)-powered “Store of Tomorrow”, the new FairPrice Finest offers cutting-edge features such as digital price tags, AI shopping assistants, digital ‘endless’ aisles and automated discount application, delivering a more personalised, seamless and eco-friendly shopping experience.

Creating a connected environment that benefits both consumers and store teams, the new flagship store showcases how retail technology can optimise the full shopping journey, from pricing management to in-store engagement.

Hanshow’s digital store solutions, including its ESL and in-store marketing solutions, have been implemented across all key consumer touchpoints at the new FPG Finest store.

This integrated approach helps the store connect online and offline channels, creating a truly omnichannel environment while transforming each product zone into a more engaging, experiential destination for consumers.

In addition, Hanshow’s ESL solution enables dynamic, real-time price and promotion updates, giving store teams the flexibility to adjust prices daily or multiple times in a single day, providing consumers clear, accurate and up-to-date pricing and product information.

Meanwhile, Hanshow’s Lumina displays provide stores with a dynamic tool to engage consumers and drive sales. Store teams can flexibly showcase products they want to feature, while vivid, high‑resolution colour screens present detailed product information, usage ideas, and benefits in a highly visual format.

Together, Hanshow and FPG are building the Store of Tomorrow in Singapore while setting a new benchmark for global retail, where digital innovation, sustainability, and customer experience converge.

-- BERNAMA