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Databricks Surpasses $4B Revenue Run-Rate, Exceeding $1B AI Revenue Run-Rate

Company is closing $1B Series K at >$100B valuation

SAN FRANCISCO, Sept. 8, 2025 /PRNewswire/ — Databricks, the Data and AI company, today announced it has crossed a $4 billion revenue run-rate during Q2, growing >50% year over year. Databricks’ AI products also recently crossed a $1 billion revenue run-rate. Finally, the company is closing its Series K funding, raising $1 billion of capital. This investment values the company at over $100 billion and is co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management.

Databricks’ Recent Performance
This new investment comes on the heels of strong momentum for Databricks, which includes:

  • Surpassing $4 billion revenue run-rate, growing >50% year over year.
  • Recently exceeding $1 billion revenue run-rate for its AI products.
  • Net retention rate sustaining >140%.
  • 650+ customers consuming at over $1 million annual revenue run-rate.
  • Achieving positive free cash flow over the last 12 months.

Series K Investment
Databricks will use the new capital to accelerate its AI strategy — expanding Agent Bricks, launching the new Lakebase category, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new product, Agent Bricks, which builds high-quality, production AI agents optimized on your enterprise data, and Lakebase, a new category of operational databases (OLTP) built on open source Postgres, and optimized for AI agents. The investment will also support future AI acquisitions and deepen AI research.

“Our teams are putting up these results by building the data and AI infrastructure enterprises will rely on for decades,” said Ali Ghodsi, Co-Founder and CEO of Databricks. “With this new capital, we can move even faster with Agent Bricks, helping customers in every industry turn their data into production AI agents, and carry more momentum as we create the new Lakebase category, reinventing databases for AI agents.”

Continued Momentum
Databricks’ new capital comes amid increasing growth and expansion. During the two prior quarters, Databricks launched or expanded partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir. Additionally, this year the company signed new office leases in San Francisco and Sunnyvale to attract top AI talent.

The Databricks Data Intelligence Platform democratizes access to data and AI, making it easier for organizations to harness the power of their data for analytics and AI apps and agents. Built on an open source foundation, the platform enables organizations to drive innovation to increase revenue, lower costs, and reduce risk.

About Databricks
Databricks is the Data and AI company. More than 20,000 organizations worldwide — including Block, Comcast, Condé Nast, Rivian, Shell and over 60% of the Fortune 500 — rely on the Databricks Data Intelligence Platform to take control of their data and put it to work with AI. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark™, Delta Lake, MLflow, and Unity Catalog. To learn more, follow Databricks on X, LinkedIn and Facebook.

Contact: press@databricks.com

SpaceGut’s Precision AI System for Gut Testing Achieves Up to 87% Improvement in Irritable Bowel Syndrome Management

KUALA LUMPUR, Malaysia, Sept. 8, 2025 /PRNewswire/ — SpaceGut, Malaysia’s first AI-powered at-home Gut Microbiome Test Kit, has paved the way for users to take control of their digestive wellness and conditions such as Irritable Bowel Syndrome (IBS) from home. In the 10 months since it was launched, its breakthrough AI-powered gut health testing has been used by more than 500 individuals to extract tailored insights and solutions for improving their gut health and alleviating digestive conditions like IBS.

Ready to hear what your gut has to say about Irritable Bowel Syndrome management?
Ready to hear what your gut has to say about Irritable Bowel Syndrome management?

In Malaysia, approximately 14% of the population is affected by IBS, with many facing nutritional shortfalls made worse by restrictive, non-tailored diets. Research in the Journal of Clinical Medicine indicates that IBS arises from complex interactions among the gut microbiota, immune system, and nervous system, which drive home the importance of tailored approaches to treatment and symptom management.

IBS symptoms such as abdominal pain, bloating, and irregular bowel habits can interfere with daily activities and reduce work productivity. The condition is also closely linked to psychological distress, with higher rates of anxiety and depression reported, particularly among students.

Tracking Digestive Health with Personalised, Science-Based Insights

SpaceGut’s AI-driven system analyzes thousands of bacterial species to map an individual’s gut microbiome from a comprehensive database, revealing the unique composition and balance of gut bacteria for each person. Using this detailed profile, over 30 measurable health metrics can be extracted, including microbiome diversity, metabolic activity, nutrient digestion, lactose and gluten sensitivity, and the impacts of antibiotics and processed foods.

The system analyses the unique composition of an individual’s gut microbiome, identifying both beneficial bacteria that are underrepresented and potentially problematic species that are overgrown. Based on this analysis, it scores over 400 foods to guide precise dietary recommendations. Foods rich in nutrients that nourish beneficial but deficient bacteria, such as Bifidobacteria and Lactobacillus, are recommended for regular inclusion in the diet. At the same time, food that tend to support the growth of bacteria associated with inflammation or imbalance are flagged for reduction or temporary avoidance. This approach enables users to strategically nourish their gut ecosystem, restore microbial balance, and observe measurable improvements in digestion, immunity, inflammation, and symptom severity over time.

Evidence-Based Feedback for Symptom Control

SpaceGut’s approach is backed by a database of over 50,000 samples and more than 90 research studies, including trials on AI-assisted personalized diets, ensuring that the guidance provided is evidence-based and tailored to each microbiome.

In practice, this enables users to understand how specific foods affect their digestive system and apply targeted changes that reduce the severity and frequency of IBS symptoms, supporting more consistent day-to-day management of digestive health.

“IBS affects millions of people worldwide, yet solutions are often generic and inconsistent, leaving many without clear guidance. SpaceGut uses AI-powered analysis to provide personalised insights, helping individuals understand their unique digestive needs, and make informed choices to manage symptoms and improve long-term well-being,” said Datuk Tony Wong, Founder of SpaceGut.

Visit www.spacegut.com to learn more about how SpaceGut’s AI-powered testing can help you identify your unique triggers, personalise your diet, and live free from the discomfort of IBS.

Stay connected with SpaceGut for more updates on Instagram (@space_gut) or Facebook (SpaceGut).

About SpaceGut

SpaceGut is a pioneering healthtech company focused on transforming wellness through gut microbiome intelligence. Its flagship offering, the SpaceGut Microbiome Test, combines advanced laboratory diagnostics with proprietary, clinically validated AI to deliver personalised insights into digestive health and overall well-being. By decoding the gut microbiome, SpaceGut empowers individuals to make data-driven lifestyle and nutrition decisions that support improved digestion, immunity, mood, and long-term wellness.

Backed by science and technology, SpaceGut is on a mission to make gut health accessible, personalised, and actionable. SpaceGut is expanding its ecosystem to include personalised supplement plans, expert-backed wellness guidance, and integrated nutritionist support to optimise health from the inside out.

DeepRoute.ai Brings Mass-Production Ready DeepRoute IO 2.0 Platform to IAA 2025

MUNICH, Sept. 8, 2025 /PRNewswire/ — DeepRoute.ai, a pioneer in autonomous driving technology, is introducing its latest innovations at IAA Mobility 2025 in Munich, highlighting the company’s mass-production ready DeepRoute IO 2.0 platform powered by the advanced VLA (Vision-Language-Action) model. The debut demonstrates how DeepRoute.ai is bringing safe, scalable and highly adaptable smart driving solutions to the global market.

DeepRoute.ai has delivered over 100,000 passenger cars equipped with its autonomous driving system. The company also plans to expand its robotaxi business using mass-produced vehicles. These milestones demonstrate DeepRoute.ai’s growing mass-production capability and engineering maturity in adaptation efficiency, system stability and safety standards.

DeepRoute.ai is actively expanding into key international markets, including Europe, Japan, and South Korea, following a dual-track globalization strategy. On one hand, the company leverages its extensive mass-production experience and mature technology to help domestic partners, such as smart, accelerate their intelligent vehicle offerings abroad. On the other hand, DeepRoute.ai provides localized, highly adaptable assisted driving solutions to overseas and joint-venture automakers, empowering partners to expand into broader market segments.

“Our VLA-powered platform combines intelligence with adaptability, making it especially ready for Europe’s roads,” said Maxwell Zhou, CEO of DeepRoute.ai.

DeepRoute IO 2.0 offers exceptional flexibility, supporting both LiDAR-equipped and pure-vision configurations, as well as multiple automotive-grade chips. Its modular architecture enables automakers to deploy intelligent driving features across different vehicle models and segments, meeting diverse market needs and facilitating global adoption.

At the core of the platform, the VLA model integrates multimodal vision, language and action, enhanced by Chain-of-Thought reasoning for advanced temporal and causal inference. Compared with traditional end-to-end models, VLA provides high interpretability and traceable decision-making pathways that could build trust through transparency.

By leveraging large language model capabilities, VLA incorporates a comprehensive knowledge base and continuous learning ability, enabling rapid adaptation across diverse road systems, signage, and driving cultures. The VLA model demonstrates fast generalization and resilience, delivering real-world usability in Europe’s most challenging driving environments.

VLA further enhances safety with spatial understanding, logic explanation, OCR ability and voice control. These capabilities allow proactive responses in high-risk conditions such as blind curves, truck blockages, or complex intersections, executing human-like defensive driving maneuvers including early deceleration and intelligent rerouting.

By combining intelligence, adaptability and safety, DeepRoute.ai is driving the industry toward a future of smarter, more reliable mobility worldwide, and shaping the next era of intelligent transportation.

About DeepRoute.ai

DeepRoute.ai is an AI company dedicated to the development and application of smart driving solutions, pioneering the use of end-to-end and VLA models in passenger vehicles. At IAA Mobility 2025, DeepRoute.ai will showcase its innovations at Hall A2, Booth D25, and our partner will give a keynote speech on September 9 at Hall B2 Summit Stage. Learn more at deeproute.ai.

Cheche Group and NIO Deepen Partnership to Enhance Insurance Services for New Energy Vehicles

BEIJING, Sept. 8, 2025 /PRNewswire/ — Cheche Group Inc. (NASDAQ: CCG) (“Cheche” or the “Company”), China’s leading auto insurance technology platform, today announced a new phase in its partnership with NIO Inc. (NYSE: NIO) (“NIO”), aimed at delivering refined insurance services across NIO’s multi-brand portfolio. The collaboration will focus on optimizing the insurance experience for new energy vehicles, including policy issuance, intelligent risk control, and claims management.

According to NIO’s latest delivery data, it delivered 31,305 vehicles in August 2025, representing a 55.2% year-over-year increase and setting a new monthly record. Year-to-date deliveries have reached 166,472 units, with cumulative deliveries surpassing 830,000 vehicles. NIO’s multi-brand strategy is gaining scale and momentum.

NIO’s founder also revealed production targets for the coming months: the ONVO L90 is expected to reach a monthly capacity of 15,000 units in October 2025, while the newly launched ES8 will ramp up to 15,000 units by December 2025. NIO has set a fourth-quarter monthly delivery goal of 50,000 vehicles.

“As NIO’s delivery volume continues to scale, we see a clear opportunity to support the growing demand for insurance solutions tailored to new energy vehicles. This momentum is expected to translate into meaningful growth for Cheche, with deeper synergies between our teams becoming increasingly evident in the fourth quarter,” said Lei Zhang, Founder, CEO, and Chairman of Cheche Group.

Safe Harbor Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding existing and new partnerships and customer relationships, projections, estimation, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 101 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en.

Cheche Group Inc.:

IR@chechegroup.com

Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185

Bybit TradFi Waives Fees on Stock CFDs and Index Trading

DUBAI, UAE, Sept. 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to enhance access to opportunities in traditional markets for Bybit TradFi users with a new benefit: between now and October 11, 2025, eligible users can now buy and sell select stock CFDs and indices with zero trading fees.

For a limited time only, Bybit TradFi users can capitalize on the dynamic global equities markets at no transaction cost by trading the following indices and stock CFDs:

  • Indices: CHINA50, CHINAH, HK50, HKTECH, TWINDEX
  • Stock CFDs: All stock CFDs including trending crypto-themed tickers such as CRCL, COIN, MSTR, BMNR, SBET, and global tech leaders NVDA, TSLA, AAPL, GOOG, and INTC

The event coincides with significant movements and undercurrents in global markets, as investors worldwide become increasingly attuned to the dynamics and macro factors driving equity performance. On September 4, 2025, the S&P 500 posted another closing record high, with analysts further adjusting forecasts towards bullish territories.

Since its official launch in June, 2025, Bybit TradFi has been dedicated to removing legacy barriers to entry to global markets for Web3-native investors, mirroring users’ growing awareness of the importance of portfolio diversification.

With top-of-the-range liquidity, robust infrastructure, user-friendliness, and now with no trading fees, Bybit TradFi redefines accessibility with over 100 popular trading pairs, featuring the world’s five largest markets: Gold, Indices, Commodities, Forex, and Stocks CFDs — all directly tradeable on the Bybit app on any supported device.

Bybit TradFi Waives Fees on Stock CFDs and Index Trading
Bybit TradFi Waives Fees on Stock CFDs and Index Trading

Bybit TradFi is powered by Infra Capital Limited licensed in Mauritius (Registration number: 200907). Crypto trading involves risks to invested capital, traders may refer to the Bybit Risk Disclosure before proceeding. Creating a Bybit TradFi account is simple: Bybit TradFi: How to trade gold, stocks, FX & more on the Bybit App.

No registration required, terms and conditions apply. For more information on the event and restrictions, users may visit: Limited-time offer: Trade stocks and indices with 0 fees on Bybit TradFi

#Bybit / #TheCryptoArk / #IMakeIt/ #BybitTradFi

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Medit Expands Orthodontic Suite with Launch of Medit Aligners: Premium Comfort, Precision, and Speed for Modern Orthodontics

NEWPORT BEACH, Calif., Sept. 8, 2025 /PRNewswire/ — Medit, a global leader in digital dentistry solutions, today announced the launch of Medit Aligners, a premium digital clear aligner solution designed to deliver faster turnaround times and more predictable outcomes for orthodontic patients.

Medit Aligners integrate seamlessly with the Medit Orthodontic Suite (MOS), giving orthodontists the ability to simulate, design, and refine treatment plans before sending them directly into production. The result: a flexible, efficient workflow that combines clinical control with world-class manufacturing.

“With Medit Aligners, we are closing the gap between digital planning and treatment delivery,” said Han Ryu, chief executive officer at Medit. “Orthodontists can now manage the entire workflow in Medit Orthodontic Suite — disrupting the traditional workflow — faster, more cost-effectively, and with complete control.”

Key Features of Medit Aligners and Integration with Medit Orthodontic Suite:

  • Treatment Simulation with Precision: Generates clinically realistic treatment simulations directly from intraoral scans, using built-in AI, to visualize multiple realistic outcomes instantly.
  • Same-Day Aligner Starts: Full workflow – scan, simulate, plan, and design aligners – all completed in one visit, facilitating same-day patient approval.
  • No Outsourcing Delays: Streamline workflows by eliminating the need for 3rd party communications or lengthy design approval processes with full editorial control.
  • Better Patient Experience: Minimize waiting time, reduce patient drop-offs, and boost satisfaction with same-day aligner readiness and accelerated treatment initiation.
  • Modernizes the Traditional Workflow: Combines planning, simulation, collaboration, and delivery into a smooth, chairside-driven digital experience, allowing quick comparison of treatment options and better-informed decisions.

Streamlined for Doctors, Enhanced Experience for Patients

With a seamless integration with Medit Orthodontic Suite, Medit Aligners are designed to give orthodontists more control, flexibility, and speed, while improving the overall patient experience via an end-to-end orthodontic workflow in a unified platform, enabling clinicians to move smoothly from simulation to treatment.

Availability

Medit Orthodontic Suite and Medit Aligners are currently available in United States. For more information, to request a demo of Medit Orthodontic Suite, or to learn more about Medit Aligners, visit www.meditortho.com.

About Medit

Medit is a global provider of 3D intraoral scanners and digital dentistry solutions based on proprietary technology. The company supports collaborative workflows between dental clinics and labs through innovative hardware and software solutions. Headquartered in Seoul, South Korea, since 2000, Medit has a strong global presence through its offices in the Americas and Europe and a distributor network spanning over 100 countries.

Media Contact:
Tiffany Yang
Sr. Marketing Manager
tiffany.yang@medit.com

WuXi AppTec Awarded Gold Medal by EcoVadis Sustainability Rating for Second Consecutive Year

SHANGHAI, Sept. 8, 2025 /PRNewswire/ — WuXi AppTec, a global company that provides a broad portfolio of R&D and manufacturing services to enable companies in the pharmaceutical and life science industries, today announced it has received the Gold Medal by EcoVadis sustainability rating for the second consecutive year. This achievement reflects WuXi AppTec’s commitment to sustainability and its ongoing efforts to integrate environmental and social responsibilities into the Company’s business strategies and operations.

EcoVadis is a leading sustainability rating agency for global supply chains. Its ratings assess companies based on 21 sustainability criteria across four main themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

“We are honored to once again receive the EcoVadis Gold Medal. This recognition reflects the significant progress we have made in implementing sustainable development and robust practices throughout our entire value chain,” said Dr. Steve Yang, Co-CEO of WuXi AppTec and Chairman of WuXi AppTec’s Sustainability Committee. “We remain committed to advancing our sustainability initiatives while supporting our customers in bringing innovative therapies to patients worldwide.”

As an enabler of innovation, a trusted partner, and a contributor to the global pharmaceutical and life sciences industry, WuXi AppTec strategically integrates sustainability like most of the customers into its global operations. The Company’s leadership in sustainability has been recognized by several prestigious organizations: WuXi AppTec has received the MSCI ESG Leadership Rating for five consecutive years, has been included in the Dow Jones Sustainability Index (DJSI) for four consecutive years. The Company has also earned an A- Leadership rating in the CDP Climate Change assessment, and has been recognized as an Industry and Regional ESG Top-Rated Company by Morningstar Sustainalytics, as well as included in the FTSE4Good Index Series for three consecutive years. Additionally, the Company has received its first MSCI ESG AAA rating, and achieved an A Leadership rating in the CDP Water Security assessment.

Furthering its sustainability commitments, WuXi AppTec has received validation from the Science Based Targets initiative (SBTi) for its near-term emissions reduction targets. The Company is also a participant in the United Nations Global Compact (UNGC), supporting its ten principles, and serves as a supplier partner to the Pharmaceutical Supply Chain Initiative (PSCI).

About WuXi AppTec

WuXi AppTec is a trusted partner and contributor to the pharmaceutical and life sciences industries, providing R&D and manufacturing services that help advance healthcare innovation. With operations across Asia, Europe, and North America, we offer integrated, end-to-end services through our unique CRDMO (Contract Research, Development, and Manufacturing Organization) platform. We are privileged to work alongside nearly 6,000 partners across 30+ countries, supporting their efforts to bring breakthrough treatments to patients. Guided by our vision that every drug can be made and every disease can be treated, we are committed to advancing breakthroughs for patients—one collaboration at a time. Learn more at www.wuxiapptec.com.

NAVEE Birdie 3X: Electric Golf Push Cart That Follows You Seamlessly on the Course

SHENZHEN, China, Sept. 8, 2025 /PRNewswire/ — NAVEE, a global leader in smart mobility solutions, brings its innovative technology to the golf course with the Birdie 3 Series, featuring the Birdie 3X ($1,699) and Birdie 3 ($1,399). While launched last month, these electric golf carts remain highly relevant for golfers looking to upgrade their game with convenience and tech.

They are now officially available in the US through the NAVEE Official Store and Amazon, making it easier than ever for golfers to enjoy smarter play.

One of Birdie 3X’s most compelling features is its Follow-Me mode, enabled by Ultra-Wideband (UWB) technology. Unlike traditional Bluetooth or infrared-based systems that rely on approximate proximity detection, UWB provides centimeter-level accuracy, allowing the cart to track the player’s position in real time. Whether walking across slopes, turns, or through crowded fairways, Birdie 3X maintains a stable and responsive following experience.

Hands-free golfing with Follow-Me technology
Hands-free golfing with Follow-Me technology

Featuring a 4+1-wheel configuration design, which equipped with 11″ all-terrain rear wheels, two 6″ universal front wheels, and a dedicated anti-tipping rear caster — the Birdie 3X delivers enhanced stability across various course conditions. Powered by dual 240W peak motors, it confidently tackles up to 25% inclines, rough grass, soft sand, and gravel surfaces.

Designed with portability in mind, the cart offers one-touch folding for fast setup and easy storage. When folded, it measures just 0.15 cubic meters. Its 220Wh high-capacity battery supports up to 36-hole games on a single charge, delivering long-lasting performance throughout the day.

Beyond movement, the Birdie 3 Series features a multi-functional central control hub and integrates with the NAVEE App. Golfers can control the cart directly from their phone—adjust speed, monitor battery status, track scores, and customize settings, all through one intuitive interface.

Each unit of the Birdie 3 Series comes equipped with thoughtful details, including an umbrella holder, cup holder, and a Type-C charging port for added convenience on the course. A wide selection of premium accessories is also available, allowing users to personalize their setup and expand functionality.

With the Birdie 3 Series, NAVEE demonstrates its commitment to bringing smart mobility innovation to golf, making every round more relaxed, enjoyable, and technologically advanced.

About NAVEE

NAVEE is a leading brand in electric mobility, No.1 in suspension technology and climbing efficiency, and the fastest-growing new brand in sales, delivering products with cutting-edge design and sustainability.

For more information, please visit https://naveetech.us/