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Akeso Announces the Completion of Patient Enrollment in the Phase III Clinical Trial (HARMONi-6) Comparing Ivonescimab and Tislelizumab for First-Line Treatment of Sq-NSCLC

HONG KONG, Feb. 6, 2025 /PRNewswire/ — Akeso, Inc. (9926.HK) (“Akeso” or the “Company”)  is excited to announce the completion of patient enrollment in the global Phase III clinical trial (HARMONi-6/AK112-306) evaluating ivonescimab, its independently developed PD-1/VEGF bispecific antibody. This clinical study, conducted in China, compares ivonescimab in combination with platinum-based chemotherapy to tislelizumab (a PD-1 inhibitor) combined with platinum-based chemotherapy as a first-line treatment for squamous non-small cell lung cancer (sq-NSCLC).

In addition, several international Phase III clinical trials of ivonescimab are underway.  These clinical studies include the HARMONi-3 clinical trial, which compares ivonescimab plus chemotherapy to pembrolizumab plus chemotherapy for the first-line treatment of both sq-NSCLC and non-squamous NSCLC (nsq-NSCLC). This trial is being efficiently led by Summit Therapeutics, Akeso’s global partner for ivonescimab.

The HARMONi-6/AK112-306 trial is one of six registrational/Phase III studies worldwide for ivonescimab for lung cancer. It is also one of six studies where PD-1/L1 inhibitors are used as comparators. This initiative is a critical step in advancing cancer immunotherapy, establishing superior global treatment standards, and exploring the full clinical and commercial potential of ivonescimab within Akeso’s portfolio.

Ivonescimab, in combination with chemotherapy, has already been approved in China for the treatment of EGFR-TKI-resistant, non-squamous NSCLC. The New Drug Application (sNDA) for ivonescimab monotherapy as a first-line treatment for PD-L1-positive NSCLC (in comparison to pembrolizumab) is currently under review and has been granted priority status in China.

As a next-generation, highly efficacious cancer immunotherapy, ivonescimab is also in multiple Phase III studies beyond lung cancer.  These studies include ongoing Phase III trials for PD-L1-positive head and neck squamous carcinoma (vs. pembrolizumab), first-line treatment of biliary tract cancer (with chemotherapy vs. durvalumab + chemotherapy), and the first-line treatment of pancreatic cancer. Clinical trials of ivonescimab for the first-line treatment of triple-negative breast cancer, colorectal cancer, hepatocellular carcinoma, ovarian cancer and gastric cancer, are also in progress.

As these studies progress, ivonescimab has the potential to redefine the standard of care in immuno-oncology around the world, with its clinical and commercial potential realized on a global scale.

Data indicates that the annual incidence of advanced, driver gene-negative sq-NSCLC exceeds 520,000 cases, with many patients ineligible for anti-angiogenesis treatments like bevacizumab. While PD-1/L1 inhibitors combined with chemotherapy have become the global standard of care, including in the U.S. and China, the prognosis for these patients remains poor, highlighting a critical unmet need. Phase III studies show that ivonescimab, targeting both PD-1 and VEGF, offers a synergistic anti-tumor effect with a favorable safety profile. This makes ivonescimab a promising alternative for sq-NSCLC patients who cannot receive bevacizumab due to bleeding risks. Ivonescimab is poised to transform first-line treatment for locally advanced or metastatic sq-NSCLC, providing a safer and more effective immunotherapy option that exceeds current treatment standards.

SunCar Technology Group Announces Pricing of $50 Million Follow-On Public Offering of Class A Ordinary Shares

NEW YORK, Feb. 6, 2025 /PRNewswire/ — SunCar Technology Group Inc. (“SunCar”) (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced the pricing of its previously announced public offering of 7,142,858 Class A ordinary shares (the “Offering”) for total expected gross proceeds of approximately $50 million before underwriting discounts and commissions and offering expenses. In connection with the Offering, SunCar has granted the underwriters of the offering a 30-day option to purchase up to an additional 1,071,429 Class A ordinary shares. The offering is expected to close on or about February 7, 2025, subject to the satisfaction of customary closing conditions. All of the securities to be sold in the offering are being offered by SunCar.

SunCar intends to use the net proceeds from this offering for working capital and general corporate purposes.

BTIG, LLC is acting as lead book-running manager for the offering, and Macquarie Capital Limited and Oppenheimer & Co. Inc. are acting as joint bookrunners.

The Class A ordinary shares are being offered by SunCar only by means of a prospectus and related prospectus supplement forming part of an effective shelf registration statement that was previously filed with and declared effective by the Securities and Exchange Commission (the “SEC”). A preliminary prospectus supplement and accompanying base prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying base prospectus related to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Alternatively, when available, copies may be obtained by contacting BTIG, LLC, Attention: ECM, General Counsel, 65 East 55th Street, New York, New York 10022, by email at IBLegal@btig.com or by email at btig-ibd-equitycapitalmarkets@btig.com.

This press release does not and shall not constitute an offer to sell or a solicitation of an offer to buy any of SunCar’s Class A ordinary shares, nor shall there be any offer, solicitation or sale of such shares, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SunCar Technology Group Inc.

Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. SunCar’s intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding SunCar’s expectations regarding the consummation of the offering, the anticipated use of the net proceeds of the offering and the satisfaction of customary closing conditions with respect to the offering. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that statement is not forward looking.

Forward-looking statements are based on current expectations and assumptions that, while considered reasonable by SunCar and its management, as the case may be, are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the risk that the offering will not be consummated; the impact of general economic, health, industrial or political conditions in the United States or internationally; and other risks and uncertainties identified in SunCar’s Annual Report on Form 20-F for the fiscal year ended December 31, 2023, as well as other filings and reports that are filed by SunCar from time to time with the SEC.

Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. SunCar does not undertake or accept any duty to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or in the events, conditions or circumstances on which any such statement is based.

Contact Information:

SunCar:

Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com

U.S. Investor Relations:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

NIA Unveils 2025 Startup Trends: AI, Green Tech, and FinTech Set to Soar as Thailand Drives Global Growth Ambitions


BANGKOK, THAILAND – Media OutReach Newswire – 6 February 2025 – The Ministry of Higher Education, Science, Research, and Innovation (MHESI), through the National Innovation Agency (Public Organisation) or NIA, has revealed an overview of Thailand’s startup growth for 2024. The data shows a consistent upward trajectory, with a cumulative growth rate of 3.3% since 2021, reinforcing Thailand’s position as one of the world’s most startup-friendly hubs.

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA)
Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA)

As we step into 2025, startups face a dynamic landscape marked by economic fluctuations, evolving consumer behaviours, and the rapid emergence of new technologies. Amid these challenges, three key technology sectors are poised for significant growth and investment opportunities: Artificial Intelligence (AI); Sustainability Technologies, including Green Tech, CleanTech, and Climate Tech; and Financial Technologies (FinTech).

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (NIA), stated that over the past year, Thailand has been home to approximately 2,100 startups, comprising 700 in the pre-seed stage and 1,400 in the go-to-market or growth stage. When compared to other countries in Southeast Asia, Thai startups have demonstrated consistent growth, with seed-stage funding increasing by 4% year-on-year and a cumulative growth rate of 3.3% since 2021.

According to the Global Startup Ecosystem Index published last year by StartupBlink—a leading global hub for startup ecosystem data—Thailand ranked 54th globally and 4th in Southeast Asia, following Singapore, Indonesia, and Malaysia. This reflects the significant progress of Thailand’s startup ecosystem, which is increasingly recognised on the global stage as one of the region’s emerging hubs for entrepreneurial ventures.

One of the key challenges for Thailand’s startup ecosystem lies in the rapid expansion of Data Centres, with the country emerging as a prime destination for both domestic and global investors. Positioned as the region’s new “Digital Economy Hub,” Thailand’s data centre capacity has surged by over 54% in the past three years, ranking third in ASEAN, following Singapore and Malaysia. Projections for 2024–2027 estimate that Thailand could attract around 260 billion baht in data centre investments.

However, to fully capitalise on this growth, Thailand must accelerate talent development to meet market demands and establish robust, long-term policies that inspire investor confidence. These efforts are critical in fostering a sustainable ecosystem that aligns with the broader challenges of the AI-driven society, the need for upskilling and reskilling the workforce, and the global shift towards ESG (Environmental, Social, and Governance) principles. Embracing ESG not only ensures sustainable business practices but also positions Thailand competitively within the evolving global economic landscape.

Looking ahead to 2025, both in Thailand and globally, the startup landscape is set to be driven by transformative technologies that promise significant growth potential. These key trends include:

Artificial Intelligence (AI): AI is rapidly revolutionising industries, with Generative AI at the forefront due to its versatility across sectors. This technology fuels continuous, efficient innovation by creating new content, solutions, and processes. Additionally, the rise of AI Agentic Systems—capable of autonomous thinking, analysis, and decision-making—marks a major leap forward. These systems excel at managing complex tasks and solving multidimensional problems, with over 70% of business leaders and investors confident in their potential to transform operations, from strategic planning and production to customer service. AI Agents not only enhance responsiveness to market demands but also significantly reduce resource consumption, making them an essential asset for future-focused organisations.

Sustainability Technologies (Green Tech, CleanTech, and Climate Tech): As environmental challenges intensify, businesses are increasingly prioritising ESG (Environmental, Social, and Governance) principles, while consumers demand eco-friendly, socially responsible products and services. This shift is propelling the global environmental tech market towards exponential growth, with forecasts predicting an average annual increase of nearly 25% over the next decade. Innovative solutions addressing clean energy, waste management, and sustainable products are driving this momentum. For startups to succeed in this space, it’s critical to develop business models that balance profitability with positive environmental and social impact.

Financial Technology (FinTech): In Southeast Asia, FinTech continues to dominate the investment landscape, securing an impressive 26% of seed funding in 2024—the highest across all sectors—followed closely by blockchain technologies at 20%. This underscores the sector’s resilience and attractiveness, fuelled by innovations in digital payments, decentralised finance, and blockchain applications.

In an era defined by rapid technological change, agility is key. Startups must cultivate adaptability, building flexible systems that can pivot in response to evolving market conditions. This dynamic approach not only strengthens business foundations but also ensures sustained growth and scalability in an increasingly competitive global environment.

Dr. Krithpaka emphasised that in 2025, under its role as Thailand’s “Focal Conductor of Innovation,” the National Innovation Agency (NIA) remains committed to fostering and accelerating the growth of startups through its extensive mechanisms and networks. The agency will focus particularly on the development of “Impact Tech”—technologies designed to create positive economic and social impacts, reinforcing Thailand’s global image and recognition as an “Innovation Nation.”

NIA’s support framework spans the entire startup journey, from inception to international market expansion guided by the strategic pillars of Groom -> Grant -> Growth -> Global.

GROOM (Knowledge Incubation & Network Building): This phase nurtures entrepreneurial capabilities through the NIA Academy, offering comprehensive courses in collaboration with strategic partners and self-paced learning via online platforms like MOOCs. Additionally, the Startup Thailand League plays a pivotal role in enhancing innovation skills among university students, equipping them with entrepreneurial mindsets and preparing them to transition from academic environments to the real-world startup ecosystem.

GRANT (Funding Support): NIA provides diverse forms of non-repayable grants tailored to stimulate innovative business development. These grants support both economic drivers—such as national innovation business promotion platforms and regional innovation ecosystems—and social impact projects, including the ‘Innovation Village’ initiative and urban and community-focused programmes.

For startups aiming to scale rapidly and penetrate new markets, the National Innovation Agency (NIA) offers robust opportunities to drive business growth under the GROWTH pillar. This is achieved through a suite of tailored incubation and acceleration programmes across four key sectors: Food Technology – via the flagship SPACE-F programme, designed to nurture food-tech startups towards global competitiveness; Agricultural Technology – through the AGROWTH initiative, focusing on innovations that revolutionise modern agriculture; Health Technology – supporting startups that develop cutting-edge health and medical solutions. Climate Technology – fostering sustainable innovations that address climate change and environmental challenges.

To inspire and showcase outstanding innovation success stories, NIA runs the “Nin Mangkorn” project, a platform highlighting transformative ventures. This initiative has evolved into “Nin Mangkorn 10X,” with a bold mission to propel high-potential entrepreneurs into capital markets, targeting revenues of no less than 100 million baht within three years.

Under the GLOBAL pillar, NIA is committed to expanding Thailand’s startup footprint on the international stage through the establishment of a Global Startup Hub. This initiative facilitates cross-border market access, strategic partnerships, and international networking. NIA has forged strong alliances with key global ecosystems, including Hong Kong, Japan, South Korea, Germany, and the Nordic countries, creating a dynamic bridge for Thai startups to thrive in diverse markets.

In addition to its growth and global expansion strategies, the National Innovation Agency (NIA) is actively fostering investment opportunities through mechanisms such as Corporate Co-Funding, in partnership with the Thai Venture Capital Association (TVCA). This initiative provides co-investment funding of up to 10 million baht to support high-potential startups.

Complementing this effort are key government and industry bodies offering robust financial support: The Board of Investment (BOI) promotes promising startups with incentives ranging from 20 to 50 million baht, particularly for those in the Pre-Series A+ stage and beyond; The One Innovation Fund, managed by the Federation of Thai Industries (FTI), offers substantial backing with a total fund allocation of 1 billion baht to accelerate industrial innovation; and Beacon Venture Capital has launched the Beacon Impact Fund, focusing on investments aligned with Environmental, Social, and Governance (ESG) principles, with an initial fund of 1.2 billion baht.

Moreover, the upcoming “Startup Promotion and Development Act” or the long-waited “Startup Act”, a landmark legislative framework is set to play a pivotal role in solidifying Thailand’s startup landscape. The Act will introduce comprehensive measures to support entrepreneurship, attract investment, and create a more conducive environment for startups to thrive, marking a significant milestone in the evolution of Thailand as a leading innovation-driven economy.

Hashtag: #NIA #NationalInnovationAgency

The issuer is solely responsible for the content of this announcement.

St. Luke’s Medical Center Achieves GHA Accreditation for Medical Travel Services

PALM BEACH GARDENS, Fla., Feb. 6, 2025 /PRNewswire/ — St. Luke’s Medical Center has achieved another significant milestone, becoming the first and only hospital in the Philippines to receive accreditation from the esteemed Global Healthcare Accreditation (GHA). This outstanding accomplishment underscores the hospital’s steadfast commitment to providing world-class healthcare services to both local and international patients.


The GHA accreditation serves as a global benchmark for healthcare institutions serving medical travelers, emphasizing quality, safety, patient-centered services, and seamless care coordination. With this recognition, St. Luke’s Medical Center has solidified its position as a leader in medical care, demonstrating its ability to meet and exceed international standards.

The hospital’s Medical Travel Program achieved an impressive overall score, with 95% of the standards evaluated in “Full Compliance.” This reflects St. Luke’s dedication to offering an exceptional experience for medical travelers.

This latest accolade adds to an impressive list of achievements for St. Luke’s Medical Center, which has consistently set the gold standard for healthcare in the Philippines. The hospital was the first in the country to be accredited by the Joint Commission International (JCI), a global authority in healthcare quality and safety. Additionally, the Department of Tourism has recognized St. Luke’s as the leading facility for medical tourism in the Philippines, highlighting its pivotal role in attracting international patients seeking world-class care.

With the GHA accreditation, St. Luke’s Medical Center has further cemented its reputation as a premier healthcare institution that delivers unparalleled excellence, whether for local or international patients. This achievement not only underscores its commitment to innovation and patient-centered care but also positions the hospital as a global leader in medical travel and healthcare services.

“We are honored to receive GHA Accreditation,” said Dennis P. Serrano MD, President and Chief Executive Officer at St. Luke’s Medical Center. “This recognition reflects our relentless dedication to patient safety, trust, and providing an outstanding international patient experience. The accreditation process with Global Healthcare Accreditation has been an incredibly enriching and educational experience. We are proud to achieve this important milestone and look forward to continuing our partnership with GHA to further strengthen our position as a premier destination for international patients.”

As the pioneer in global healthcare accreditation in the country, St. Luke’s continues to set higher standards for the Philippine healthcare industry, delivering transformative and compassionate care for patients from all over the world.

Renée-Marie Stephano, Chief Executive Officer of Global Healthcare Accreditation, praised the achievement: “GHA congratulates St. Luke’s Medical Center on this outstanding milestone. Achieving GHA Accreditation demonstrates St. Luke’s leadership in medical travel and its unwavering focus on meeting the unique needs of international patients. GHA Accreditation offers a mark of distinction that elevates your hospital’s brand and strengthens its global reputation. Hospitals that achieve GHA Accreditation join an elite network of healthcare organizations recognized for excellence in serving international patients. This achievement underscores St. Luke’s standing as a trusted global healthcare provider and highlights the Philippines as a destination for high-quality, patient-centered care.”

To amplify the impact of GHA accreditation, healthcare organizations gain access to post-accreditation marketing initiatives designed to enhance visibility and attract more international patients. These include consumer awareness campaigns, global press release in multiple languages, features in Medical Tourism Magazine, social media promotion, and the opportunity to showcase their services through GHA-hosted webinars.

About Global Healthcare Accreditation (GHA): 

At GHA, we’re more than an accreditation body—we’re strategic partners committed to enhancing patient experiences and global healthcare practices. Our expertise, drawn from leading accreditation agencies, healthcare pioneers, and top-tier medical travel industry executives ensures tailored solutions for governments, healthcare providers and other industry stakeholders worldwide. Through our accreditation, certification, training, development and optimization and advisory services, GHA promotes transparency, patient-centered care, and continuous improvement.

For more information, visit: www.GlobalHealthcareAccreditation.com

 

OKX Australia Reinvents How Australians Trade Crypto with Launch of Innovative Trading Bots

  • Crypto platform celebrates launch with ‘Bot Up Your Game’ campaign offering up to 60 USDT in rewards

SYDNEY, Feb. 6, 2025 /PRNewswire/ — OKX Australia, a leading cryptocurrency platform and onchain technology company, today launched two cutting-edge trading bots that reinvent how Australians can buy and sell crypto. The two bots – Spot Grid Bot and DCA Martingale – automate key parts of the trading process, giving Australians new and innovative ways to trade crypto and manage risk on their own terms.

The number of cryptocurrency users in Australia is projected to reach 11.8 million in 2025, according to Statista. As more market participants look for strategic ways to engage in crypto markets, OKX’s trading bots provide widely used automated solutions. These bots drive tens of billions of USD in global monthly trading volume.

The new trading bots enable Australian traders to automate their trading strategies, enabling 24/7 market participation. These automated solutions are powerful tools offered to users to manage their trading.

The newly launched trading bots, which execute trades based on user-preset parameters, include:

  • Spot Grid Bot maintains a grid of buy and sell orders within a predefined price range. For example, if BTC is trading between 92,000-110,000 USDT, traders could customise the prices at which the bot will buy and sell crypto, with the aim of capturing profits from market movements
  • DCA Martingale Bot automatically manages positions by buying more of an asset if prices decrease, with the aim of helping lower traders’ average purchase cost. If prices rise to a level where a trader’s predefined target level is reached, the bot sells the position to capture the potential profit

Both bots – now available on the OKX app, with web access coming soon – feature risk management capabilities, including customisable stop-loss settings and real-time monitoring.

OKX is also launching the ‘Bot Up Your Game’ campaign*, offering up to 60 USDT in rewards. Customers can earn 10 USDT each for completing Spot Grid Bot and DCA Bot quizzes (initially limited to 1,500 participants), 20 USDT for being among the first 100 customers to create a bot for the first time and an additional 20 USDT when a bot generates 500 USDT equivalent in trading volume.

By introducing automated trading solutions alongside existing features like direct AUD deposits, Recurring Buy, instant crypto purchases and advanced trading tools, OKX continues to lower barriers to crypto market participation. This strategy has resonated with local traders, with local trading volumes tripling since the platform’s official launch in Australia in May 2024.

OKX’s commitment to the Australian market is further exemplified through its Summer of Crypto campaign**, running until February 28, 2025. The campaign features live crypto price billboards across Sydney, displaying real-time BTC/AUD and ETH/AUD prices alongside median house prices. New customers can receive $20 in Bitcoin when trading $20 within their first 14 days.

As one of Australia’s largest global crypto platforms offering direct AUD deposits and withdrawals, OKX has expanded its local team by 150% in recent months and recently earned the “Cryptocurrency Exchange of the Year” award at the WeMoney Cryptocurrency Awards. The platform currently offers over 503 crypto spot pairs and more than 278 tokens, including SOL/AUD and XRP/AUD trading pairs.

For more information about OKX Australia’s trading bots and ongoing campaigns, visit okx.com.

For further information, please contact:
Media@okx.com

*The promoter of this Bot Up Your Game: Learn, Trade and Earn campaign (“Campaign”) is OKX Australia Pty Ltd (“OKX”, “we”, “us”). Campaign Period: 6 February 2025 08:00 AEDT – 6 March 2025 23:59 AEDT (or until the Total Available Rewards are fully distributed, whichever is earlier). Rewards are limited and available on a first-come, first-served basis. For the campaign’s full terms and conditions, click here.

**New User Bonus offer available to new users who make an eligible trade within 14 days of sign-up. Cryptocurrency trading is high risk. Consider the relevant T&Cs at OKX.com. Information provided is general and not advice. Seek independent advice about risks before trading. OKX Australia Pty Ltd (ABN 22 636 269 040).

ENDS

About OKX

OKX is a technology company with a mission to make blockchain-based assets more accessible. Our pursuit takes us to a decentralized future that makes our world more efficient, transparent and connected.

OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

OKX is trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

Our most well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, download our app or visit: okx.com

Disclaimer

Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service – Australia). Information is general in nature and should not be taken as investment advice, personal recommendation or an offer of (or solicitation to) buy any crypto or related products. Crypto trading can be high risk. You should do your own research and obtain professional advice, including to ensure you understand the risks associated with these products, before you make a decision about them. Past performance is not indicative of future performance – never risk more than you are prepared to lose. Read OKX’s Terms of Service – Australia for more information.

Transforming Entertainment with AI: Vyin AI Redefines Hyper-Personalized Interactions

TAIPEI, Feb. 6, 2025 /PRNewswire/ — Vyin AI, an artificial intelligence brand under Gamania Group, is breaking new ground by seamlessly integrating AI with celebrity IP to revolutionize the entertainment landscape. Its “Immersive AI Experience Exhibition” in Taipei, held from December 20, 2024, to January 19, 2025, drew over 20,000 visitors, demonstrating how advanced AI models can redefine interactive experiences and open doors to new business applications.

The AI Trend Exploration Station became a popular check-in spot in Taipei's Xinyi District during the 2024 Christmas season, with the performing band P!SCO featured in the picture.
The AI Trend Exploration Station became a popular check-in spot in Taipei’s Xinyi District during the 2024 Christmas season, with the performing band P!SCO featured in the picture.

“While it solves certain problems, the focus on generative AI in the current market ignores real business needs,” noted Benjamin Chen, Chief Strategy Officer at Gamania Group and Head of the AI Innovation Lab. “It’s time to return to basics—prioritizing core business challenges and leveraging the right technologies to address them. Only by tackling the root issues can we fully realize AI’s transformative value for businesses.”

Revolutionizing Celebrity AI Licensing: Tackling PR Risks with Vyin AI

Generative AI technologies, including chatbots, voice cloning, and video generation, are advancing at an unprecedented pace. However, the accuracy of AI-generated content has become a top concern across industries. Aside from objections over celebrity likenesses being used without permission, accuracy issues create unique challenges for entertainment. When they do give permission, many stars express doubts about the reliability of AI-generated voice and image content and how misuse could damage their reputation. This highlights a critical challenge: the risk of AI hallucination, where systems create false or misleading content.

In high-stakes areas like celebrity licensing, such inaccuracies can lead to PR disasters. Traditional approaches to mitigating these risks often rely on static, pre-recorded content, which limits the dynamic, real-time engagement fans desire and fails to deliver true commercial value for businesses.

Enter Vyin AI’s Vyin Brain—a groundbreaking generative AI chatbot engineered for accuracy and reliability. By employing a unique multi-hub brain architecture, it separates knowledge processing from language generation, dramatically reducing hallucinations. Coupled with D-RAG Technology, Vyin Brain achieves an extraordinary 93% precision rate, outpacing the industry standard of 53%. This ensures contextually sound, dependable interactions, redefining possibilities in celebrity IP licensing.

For celebrity-focused use cases, Vyin Brain provides a tailored approach to risk management by simulating and preempting potentially risky scenarios. For example, for information about  celebrities, where topics like personal relationships can be controversial, the system is specifically designed to deliver cautious, tactful responses within predefined boundaries. This not only ensures reputational safety for celebrities but also maintains meaningful fan engagement.

When integrated with Vyin AI’s real-time video generation capabilities, the result is an unrivaled platform for seamless, secure interactions between celebrities and their fans. By harmonizing innovation with responsibility, Vyin AI is setting a new gold standard for AI applications in the entertainment industry.

A Showcase of AI x IP Synergy

The Taipei exhibition spotlighted how Vyin AI integrates proprietary data and intellectual property (IP) to create transformative audience experiences.

  • AI Voice Station: Partnering with iconic Taiwanese pop groups FEniX and CRYXTAL, Vyin AI’s models analyze each idol’s language style, emotional nuances, and thought patterns to create hyper-realistic AI avatars. Fans can have one-on-one voice conversations with their idols, experiencing personalized interactions in real time.

CRYXTAL members engage in voice conversations with their exclusive AI avatars, experiencing immersive interactions that simulate human perception and emotions
CRYXTAL members engage in voice conversations with their exclusive AI avatars, experiencing immersive interactions that simulate human perception and emotions

  • AI DJ Heart: This immersive installation combines music, lighting, and interaction powered by Vyin Brain. Users simply chat with the AI DJ, which analyzes their language, emotional state, and preferences to create a personalized playlist. The experience is enhanced with synchronized light shows, offering a multi-sensory journey.

These interactive installations demonstrated how Vyin AI’s multi-modal capabilities and audience-centric design redefine personalization.

To explore deploying AI in your organization, contact Vyin AI for a demo: https://www.vyin.ai/?lang=en-US

Scaling Beyond Entertainment

“Vyin AI is transforming how businesses communicate with their audiences by enabling true two-way conversations and hyper-personalized experiences,” said Benjamin Chen. “While entertainment is just the beginning, our technology has applications in retail, hospitality, dining, and even telehealth. Imagine AI delivering personalized services across industries to make everyday interactions smarter and more meaningful.”

In the entertainment sector, Vyin AI is also exploring groundbreaking possibilities, such as creating AI-powered celebrity avatars, generative content platforms, and entirely new forms of interactive entertainment. By unlocking new value for IP, Vyin AI aims to reshape how audiences engage with brands and icons.

About Vyin AI

Established in July 2024 under the Gamania Group’s AI Innovation Lab, Vyin AI is a global leader in pioneering purpose-built AI models, driven by its mission to improve human lives through accessible, customizable, and impactful AI. Its multi-modal models — Vyin Brain and Vyin Sales — deliver breakthrough precision and autonomy across industries.

SK hynix Acquires ‘TISAX’ Certification for the First Time in the Memory Industry

– Acquires TISAX certification for domestic sites, meeting the level of information security needs of the global automotive industry

– Company plans to lead the automotive memory market by building trust with customers

SEOUL, South Korea, Feb. 6, 2025 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has acquired TISAX[1], the global automobile industry information security certification, for the first time in the memory industry.

[1]Trusted Information Security Assessment Exchange (TISAX): A global information security certification system operated by the ENX Association based on the evaluation criteria established by the German Automotive Industry Association (VDA), aiming to standardize information security between companies in the automotive industry supply chain

SK hynix has obtained TISAX for all domestic sites located in Icheon, Bundang and Cheongju, and has been internationally accepted for the security capabilities required by the global automobile industry. Through this, the company aims to accelerate the development of high-performance memory solutions essential for realizing AI-based future automobile technology.

With the expansion of the electric vehicle market, autonomous driving, and the development of connected car[2] technology, the importance of electronic parts is growing rapidly. In line with these changes, automotive semiconductors, which are widely used in electric equipment, are positioned as major components of automobiles.

[2]Connected Car: A car which communicates with other vehicles or traffic and communication infrastructure in real time, helps drivers with convenience and traffic safety, and provides various Internet services

In particular, automotive semiconductors are applied to key safety systems of automobiles such as ADAS[3], brake systems and engine control, requiring a higher level of reliability than general semiconductors. In addition, as hacking and malicious code attacks targeting automobiles have increased recently, systematic security management in the manufacturing process is being emphasized as well as strengthening the performance of semiconductors themselves.

[3]Advanced Driver Assistance Systems (ADAS): a state-of-the-art driver assistance system which recognizes some of the numerous situations that may occur while driving, judges the situation, and controls the machinery 

In response, SK hynix acquired TISAX, which global automotive customers are proposing as a mandatory requirement. The company expects that the certification results can be shared with various suppliers to minimize duplication costs and contribute to long-term business promotion with them.

“With this certification, we will strengthen cooperation with global automakers and major automotive parts companies,” said Jong-Hwan Kim, Vice President and Head of DRAM Development at SK hynix. “We will also lead the next-generation automotive memory market by building trust with customers based on a thorough security system.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”), and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

Foretellix and MathWorks Partner on Innovative Toolchain to Accelerate Mazda’s Next Generation AV Development

TOKYO and  SUNNYVALE, Calif. , Feb. 6, 2025 /PRNewswire/ — Strategic technological integration between Foretellix, the leading provider of data-driven autonomy development toolchains, and MathWorks, the leading developer of mathematical computing software, helps Mazda’s next generation of AD/ADAS development. This collaboration accelerates the development and deployment of safer, more robust autonomous systems

The integration of Foretellix’s Foretify™ platform with Simulink® and Automated Driving Toolbox from MathWorks, enables developers to generate, execute, and analyze large-scale scenarios in a virtual environment. The Foretellix and MathWorks technology stack enables Mazda to move real-world driving data into the virtual simulation environment to test and scale scenarios. This powerful combination helps engineering teams identify edge cases, uncover gaps in coverage, and validate performance earlier in the development process—reducing time to market while improving system quality and safety.

Mazda Pioneers the Foretellix and MathWorks Integration

Mazda is utilizing the Foretellix and MathWorks integrated solution to test and validate its AD/ADAS systems in a virtual environment, allowing engineers to convert real-world driving data into actionable simulation scenarios. These scenarios are automatically analyzed for coverage gaps, safety performance, and system robustness.

Yasuhide Yano, Deputy General Manager of the Integrated Control Systems Development Division at Mazda, said, “In the development of next-generation AD/ADAS systems, which are becoming more and more complex, it is very important to identify potential risks and improve system quality from the early stages of development in order to achieve zero accidents. By using Foretify, Simulink, and Automated Driving Toolbox, efficient and exhaustive verification can be performed in a virtual environment to achieve our goals in a short period of time. In addition, the use of coverage maps enables us to conduct verification while also contributing to our sustainability goals with a zero-carbon footprint.”

A Unified Technology Stack for Scalable AD/ADAS Development

The Foretellix platform automatically generates an unlimited number of concrete, relevant, and valid scenarios, which are executed within the MathWorks Automated Driving Toolbox simulation environment. The solution provides developers with tools to measure test coverage, Key Performance Indicators (KPIs), and safety checks. This process significantly accelerates testing timelines and enables customers, like Mazda, to efficiently expand Operational Design Domains (ODDs) through early-stage, virtual validation.

Ziv Binyamini, CEO and Co-Founder of Foretellix, emphasized the importance of this collaboration: “We are excited to partner with MathWorks to provide a unified technology stack that empowers developers at OEMs, Tier-1 suppliers, and AV stack providers to launch AD/ADAS programs with confidence. The integration of Foretellix and MathWorks software will enable Mazda to accelerate the development of safe, autonomous vehicles, improve testing efficiency and reduce development costs.”

MathWorks’ Commitment to Accelerating Innovation

“As ADAS and autonomous driving systems grow in complexity, it is essential for developers to have tools that enable efficient, scalable, and comprehensive testing early in the design process,” said Naga Pemmaraju, Product Manager, Autonomous Systems at MathWorks. “By combining the simulation and algorithm development capabilities of MATLAB and Simulink Automated Driving Toolbox with Foretellix’s advanced scenario generation and validation platform, we empower engineering teams to accelerate innovation, reduce development costs, and improve system safety.”

The technological integration between Foretellix and MathWorks represents a major step forward in achieving safer autonomous driving systems while meeting time-to-market and sustainability goals.

For more information, visit Foretellix.com

About Mazda

Mazda Motor Corporation, headquartered in Hiroshima, Japan, is a global automotive manufacturer known for its distinctive design, innovative technology, and exceptional driving dynamics. With a rich heritage dating back to 1920, Mazda has consistently delivered vehicles that embody the spirit of “Zoom-Zoom,” reflecting a passion for driving and a commitment to craftsmanship. The company’s product lineup includes a range of cars and SUVs, each designed to provide a harmonious blend of performance, efficiency, and safety. Mazda is dedicated to sustainable practices and is actively pursuing initiatives to achieve carbon neutrality by 2050. For more information, visit www.mazda.com 

About Foretellix

Foretellix is the gold standard for data-driven autonomy development toolchains. Foretellix’s Foretify™ toolchain enables a fast, measurable, and trusted path to safe and scalable autonomy that helps you launch with confidence. Building on its industry leading V&V technology, Foretellix is enabling the AI autonomy revolution. Foretellix has offices in the US, Europe, and Asia. For more information, visit www.foretellix.com

About MathWorks

MathWorks is the leading developer of mathematical computing software. MATLAB, the language of engineers and scientists, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a block diagram environment for simulation and Model-Based Design of multidomain and embedded engineering systems. Engineers and scientists worldwide rely on these products to accelerate the pace of discovery, innovation, and development in automotive, aerospace, communications, electronics, industrial automation, and other industries. MATLAB and Simulink are fundamental teaching and research tools in the world’s top universities and learning institutions. Founded in 1984, MathWorks employs more than 6,500 people in 34 offices around the world, with headquarters in Natick, Massachusetts, USA. For additional information, visit mathworks.com

Media Contact:

George Giles
pr@foretellix.com

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