NORWALK, Conn., Oct. 9, 2025 /PRNewswire/ — Lifespan Vision Ventures congratulates its portfolio company, Algen Biotechnologies, on the announcement of its multi-target research collaboration with AstraZeneca to advance AI-powered drug discovery in immunology.

The partnership will combine Algen’s cutting-edge functional genomics and machine learning platform with AstraZeneca’s deep scientific expertise and global R&D capabilities. Together, the companies aim to identify and validate novel therapeutic targets for immune-mediated and inflammatory diseases, accelerating the discovery of next-generation medicines.

Harry Robb, Principal at Lifespan Vision Ventures, said “We are thrilled to see Algen Biotechnologies achieve this important milestone. The team has built a truly differentiated platform that integrates CRISPR-based functional screening with advanced AI analytics to uncover disease-relevant biology at scale. This collaboration with AstraZeneca underscores the strength of Algen’s technology and its potential to transform drug discovery.”

As an early investor, Lifespan Vision Ventures is proud to support Algen Biotechnologies in its mission to advance transformative therapies that improve patient outcomes in age-related diseases and extend healthspan.

About Algen Biotechnologies

Algen Biotechnologies is a precision therapeutics company redefining drug discovery at the intersection of CRISPR gene modulation and artificial intelligence. Founded by Chun-Hao Huang and Christine Du as a spin-out from Nobel laureate Jennifer Doudna’s lab at UC Berkeley, Algen combines deep learning with high-throughput functional genomics to identify novel therapeutic targets. Its proprietary, end-to-end platform AlgenBrain™ integrates advanced computational models with scalable, single-cell experimental systems to decode causal disease biology and accelerate the development of next-generation therapies. Algen is headquartered in San Francisco, CA.

For more information, visit www.algenbio.com.

About Lifespan Vision Ventures

Lifespan Vision Ventures is a global venture capital firm investing in early-stage biotechnology and longevity companies developing breakthrough technologies to prevent and treat age-related diseases. The firm partners with visionary founders advancing science-driven solutions that promote healthy aging and extend human vitality.

Contact: info@lifespanvision.com

OAKLAND, Calif., Oct. 9, 2025 /PRNewswire/ — Turnitin, a leading provider of technology solutions in academic integrity, today announced Turnitin Clarity has been named to TIME’s list of the Best Inventions of 2025, which features 300 extraordinary innovations changing our lives. Turnitin Clarity is a solution that gives educators a view into how the students have approached the assignment to guide learning, incorporate the responsible use of artificial intelligence and uphold academic integrity. 

Turnitin_Time_Best_Inventions

“Turnitin Clarity was born out of the conversations we were having with educators about the concerns, and opportunities, artificial intelligence presents in the classroom. We delivered on this by creating a composition space where students draft assignments with transparency and, when allowed by educators, receive AI assistance and tailored feedback to improve their work,” said Annie Chechitelli, chief product officer, Turnitin. “We are honored to see Clarity recognized by TIME on its list of best inventions of 2025, and more importantly appreciate our customers and their recognition that the use of AI and academic integrity are not mutually exclusive.”

To compile this year’s list, TIME solicited nominations from TIME editors and correspondents around the world, and through an online application process, paying special attention to growing fields—such as health care and AI. TIME then evaluated each contender on a number of key factors, including originality, efficacy, ambition, and impact.

Turnitin recently reached several significant milestones, including the launch of Turnitin Clarity, with nearly 100 U.S. secondary schools and districts piloting the solution in its first 60 days. The company also released its first global research study on AI in education, pioneered AI bypasser detection, enhanced Turnitin Feedback Studio, and earned recognition on TIME’s list of the World’s Top EdTech Companies.

Read more about the announcement on our blog: https://www.turnitin.com/blog/turnitin-clarity-a-time-best-invention-of-2025.

See the full list here: time.com/collections/best-inventions-2025/.

Press Contact
press@turnitin.com

About Turnitin
Turnitin is a global company dedicated to ensuring the integrity of education and meaningfully improving learning outcomes. For more than 25 years, Turnitin has partnered with educational institutions to promote honesty, consistency, and fairness across all subject areas and assessment types. Turnitin products are used by educational institutions and certification and licensing programs to uphold integrity and increase learning performance, and by students and professionals to do their best, original work.

Turnitin has over 16,000 customers in 185 countries use Turnitin services: Gradescope by Turnitin, Turnitin Clarity, iThenticate, Turnitin Feedback Studio, Turnitin Originality, Turnitin Similarity, ExamSoft by Turnitin, ProctorExam and Ouriginal.

TIME ©2025 TIME USA LLC. All rights reserved. Used under license.

The energy storage company’s initial filing expired after a six-month limit, with an update likely by year-end as it reports rapid growth for its international and storage systems businesses

XIAMEN, China, Oct. 9, 2025 /PRNewswire/ — Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for its global expansion and ramps up its energy storage systems business.

The company’s original March listing application lapsed late last month after it failed to complete the IPO within six months, a common occurrence for most companies in their first listing attempts, rather than a sign of failure. The development comes not long after a similar application by another energy storage company, Sigenergy, also expired after it failed to complete the listing within six months after filing.

A knowledgeable source told Chinese media that Hithium is likely to restart its Hong Kong IPO process by the end of this year.

The energy storage sector is currently thriving in the capital markets, attracting strong investor interest on strong growth prospects and supportive government policies. Hithium is seeking to tap booming global demand for both batteries and systems used to store energy from a growing number of solar, wind and other new energy farms and other generating stations being built worldwide. Such storage is a critical component for these facilities, allowing them to store excess electricity during peak generating times for later release during production lulls.

As demand ramps up, the global energy storage market is expected to pass 1,000 GWh per year by 2030, according to third-party market data in Hithium’s original March prospectus.

Founded in 2019, Hithium provides batteries and energy storage systems for residential, commercial and industrial customers. It is the world’s third largest provider in its sector, with about 11% of the global market. Its shipments grew by an average 167% annually between 2022 and 2024 to reach 35.1 GWh last year.

A recent boom in overseas demand for energy storage has helped Hithium to win multiple international orders from Europe, the U.S. and the Middle East, propelling it to second in global energy storage shipments in the first half of 2025. The company’s two production bases in the cities of Xiamen and Chongqing have been operating at full capacity since March, and it is also building a new facility in the city of Heze in Shandong province to boost its capabilities. In a move to hedge against U.S.-China trade frictions, the company has already put a new facility in the U.S. state of Texas into operation — making it the first Chinese enterprise in this sector to establish and launch such a production base in the United States.

Hithium’s revenue grew 26% last year to 12.9 billion yuan ($1.81 billion) from 10.2 billion yuan in 2023. Within that bigger figure, revenue from energy storage systems, which typically carry higher profit margins, more than doubled last year to 4.67 billion yuan from 1.97 billion yuan the previous year, rising to 36.2% of the total from 19.3% over that time.

The company is also rapidly building up its overseas business, which grew from just 1% of sales in 2023 to 28.6% last year. Hithium made a big advance on that front in August, when it signed a major supply deal with Saudi Electricity Co. worth about 2.6 billion yuan. On the bottom line, Hithium also passed another major milestone last year when it became profitable on an adjusted basis, reporting a 318 million yuan adjusted profit for the year.

SINGAPORE, Oct. 9, 2025 /PRNewswire/ — Pioneering Swiss luxury watchmaker Hublot has announced the latest evolution in its ongoing partnership with celebrated American artist and Hublot Ambassador, Daniel Arsham: the Hublot MP-17 MECA-10 Arsham Splash Titanium Sapphire.

Hublot introduces the new MP-17 Meca-10 Arsham Splash Titanium Sapphire

Following the success of the transformable pocket watch, the MP-16 Arsham Droplet, this new timepiece once again rewrites the rulebook on watch design, finding its inspiration in the dynamic essence of water, organic forms and transparency.

The MP-17 Meca-10 Arsham Splash Titanium Sapphire is the perfect blend of Hublot’s Art of Fusion and Arsham’s unique fictional archaeology vision, where he reimagines contemporary objects as ancient artefacts, blurring the lines between past, present and future. 

Arsham’s first wristwatch design for Hublot, the timepiece is a wearable sculpture with Arsham’s creative direction dripping from every fluid curve. The compact 42mm case size has been made possible through the integration of Hublot’s new, smaller Meca-10, an in-house manual-wind movement that can be seen through the dial opening and sapphire caseback.

The choice of sapphire crystal – used for the frosted box-shaped bezel – titanium and rubber as the raw materials underpins the essence of Art of Fusion and has provided the perfect base to sculpt the watch’s organic shapes that are inspired by flowing water. The defining feature is a striking splash-shaped opening on the dial, which is a direct evolution from the MP-16’s droplet inspiration.

Arsham’s view of time is central to his design approach. In his 2016 TED Talk, he explained, “My work is about collapsing time. You’re not quite sure if it’s an object from the past or the future.” While the MP-16 Arsham Droplet brought that concept to life through form, the new MP-17 Meca-10 Arsham Splash Titanium Sapphire focuses on how time leaves an impression. With its fluid case lines, splash-shaped dial opening, and transparent sapphire components, it blends Arsham’s artistic vision with Hublot’s Meca-10 movement to deliver both concept and performance in a wearable design.

At first sight the watch seems to be a departure from the familiar Hublot form, yet on closer inspection, all of the signature elements are there including the six H-screws on the bezel and caseback, the distinctive lugs at 3 and 9 o’clock and the titanium H-shaped folding clasp. Arsham green accents are found on the hour and minute hands, the numerals, the hour and five-minute markers, the small seconds hand at 9 o’clock and on the power reserve indicator at 3 o’clock.

The Hublot MP-17 Meca-10 Arsham Splash Titanium Sapphire is more than a timekeeper; it is a fusion of fine watchmaking and contemporary art, placing a twist on conventional materials and form. It invites collectors and art enthusiasts alike to experience time through Daniel Arsham’s unique, fluid lens.

“Working with Daniel Arsham is a discovery of new design and perception,” says Julien Tornare, CEO of Hublot. “The MP-17 Meca-10 Arsham Splash Titanium Sapphire represents the next exciting chapter in our collaboration with our ambassador, artist Daniel Arsham. It’s a testament to Hublot’s Art of Fusion, seamlessly blending fine watchmaking and art to create a timepiece that is visually stunning whilst pushing the boundaries of innovation. This watch invites us to see time in a new light, through Arsham’s unique and fluid vision.

Daniel Arsham adds, “This collaboration with Hublot explores the fluidity of time through a case inspired by the perfect geometry of a water droplet, crafted using Hublot’s Meca-10 movement. The watch’s transparent structure captures the clarity and motion of water, suspended, precise, and always in flux.”

Limited to only 99 pieces, the Hublot MP-17 Meca-10 Arsham Splash Titanium Sapphire is available at Hublot boutiques and authorized retailers.

Discover the video here: https://youtu.be/2mJljSSbdqM 

About Hublot

In 1980 and for the first time, a watch dared to put a gold case on a rubber strap, turning the luxury watch world upside down in the process. Named for the porthole-shaped bezel with its exposed screws, Hublot was born and with it, the Art of Fusion.

In 2005 the brand took this exercise in creative thinking to a new level with the Big Bang and its iconic design, size and layered construction case. That same year, Hublot received the Best Design award at the Grand Prix d’Horlogerie de Genève. Since then, spurred by this revolutionary mindset, the Big Bang has never stopped reinventing itself. The twenty-first century has its first watch Icon.

The concept of fusion is omnipresent, the guiding principle for every collection. Big Bang timepieces reshape the geometries of time; Classic Fusion balances boldness and restraint, while the Exceptional Timepieces overwrite expectations to create unprecedented horological objects. With its disruptive approach of challenging convention, Hublot’s DNA is transcribed in the Unico, Meca-10 and tourbillon in-house movements, to add another tier of meaning to the Art of Fusion.

Alchemy is ingrained into Hublot and not just at La Manufacture. Magic can take place on a football pitch, producing partnerships with major events (UEFA Champions League and UEFA Euro™). Sometimes it happens at a concert, a basketball match, an artistic performance or at a unique gastronomic experience with Hublot’s family of starred Chefs. And so, the Hublot Vibes come to life, through shared moments of exaltation amongst the Hublotistas, its very own community of proud Hublot owners. The Art of Fusion goes beyond the tangible. It is a way of being, the Hublot way of life.

BIG BANG 20TH ANNIVERSARY – A CELEBRATION OF THE BIG BANG REVOLUTIONARY MINDSET

In 2005 the Big Bang marked the advent of a new era in watchmaking, more closely attuned than ever to the privileges of its name. Few timepieces have transformed contemporary watchmaking like the Big Bang. Twenty years after its launch, it remains the incarnation of a Manufacture that constantly pushes the boundaries of the unknown. Through exclusive materials and in-house movements, led by the Unico and the Meca-10, the Big Bang breaks with tradition —a notion it has never completely embraced. Singular for its bold aesthetic, plural for its versatility, this is the Big Bang.

About Daniel Arsham

Daniel Arsham is a New York based artist whose practice spans fine art, architecture, performance, and film. Arsham’s iconic works meld the past, present and future, showcasing the malleability and power of nostalgia, often through references to moments of the late 20th century. Arsham has collaborated across various industries, sharing his distinctive art with people all over the world.

MP-17 MECA-10 ARSHAM SPLASH TITANIUM SAPPHIRE

HUBLOT: www.hublot.com