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Picarro Network Intelligence Selected by Cadent to Reduce Methane Emissions and Enhance Safety and Operational Efficiency

COVENTRY, England and SANTA CLARA, Calif., Aug. 14, 2025 /PRNewswire/ — Cadent, the UK’s largest gas distribution network and Picarro Inc., a global leader in methane emission management and reduction solutions, today announced that Picarro’s solutions were selected for deployment throughout Cadent’s network as part of an expansion of the partnership between the two companies. The combination of Picarro’s vehicle-mounted high sensitivity methane and ethane detectors, advanced analytics, and robust software will enable Cadent to evolve into proactive operations and data-driven management to enhance safety and asset management, reduce emissions, and increase operational efficiency.

“This new milestone in our journey to do the very best for our customers is a demonstration of our steadfast commitment and leadership in transforming our industry to meet the challenges of reducing emissions and to ensure safety and affordability for all our customers,” said Howard Forster, Chief Operating Officer of Cadent.

“The opportunity to expand our partnership with Cadent, a leader of the natural gas industry in Europe, has been invaluable for Picarro and we look forward to helping them reach their ambitious goals. This success is a testimony to our collaborative business approach that aims to transform our customers’ practices from leak detection towards network intelligence,” said Alex Balkanski, Chief Executive Officer of Picarro.

From Leak Detection to Network Intelligence

Picarro’s integrated solution combines advanced hardware, cutting-edge analytics, and robust software to deliver unparalleled insights into methane emissions and operational efficiency. Operators leverage Advanced Mobile Leak Detection (AMLD) technology to create a data-driven, GIS-centric representation of a gas network and its emissions. They tap into this holistic and consolidated view to strategically plan maintenance activities, deploy resources and maximize asset value. By embracing Network Intelligence, operators can enhance safety, meet regulatory demands, and lead the way in environmental stewardship.

About Cadent

Cadent is the UK’s largest gas distribution network with a 200-year legacy. We are in a unique position to build on strong foundations whilst encouraging the curiosity to think differently and the courage to embrace change. Day to day we continue to operate, maintain and innovate the UK’s largest gas network, transporting gas safely and protecting people in an emergency. Our skilled engineers and specialists remain committed to the communities we serve, working day and night to ensure gas reaches 11 million homes from Cumbria to North London and the Welsh Borders to East Anglia, to keep your energy flowing.

About Picarro

Picarro is a global leader in leak management and emissions reduction, providing operators with tools to revolutionize risk management. The enterprise solution helps lower emissions, optimize asset management, and reduce costs within a unified framework. With Picarro technology and analytics, operators can proactively manage leaks, prioritize critical issues, and assess gas system health and performance continuously. For more information, visit www.picarro.com/gas.

Media Contact:
Monica Marmie
Senior Marketing Manager
Picarro
mmarmie@picarro.com

OMAN ANNOUNCES NEW FISCAL INCENTIVES TO ENSURE DELIVERY-READINESS OF GREEN HYDROGEN PROJECTS UNDER THIRD AUCTION ROUND

MUSCAT, Oman, Aug. 14, 2025 /PRNewswire/ — The Sultanate of Oman, represented by Hydrom, the orchestrator of its national Green Hydrogen Strategy, has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures are a targeted response to a market sounding exercise conducted by Hydrom earlier this year and evolving global market dynamics, reaffirming the country’s position as one of the world’s most structured and investment-ready hydrogen ecosystems.

Oman Announces New Fiscal Incentives for R3
Oman Announces New Fiscal Incentives for R3

The new incentive includes a 90% reduction in land lease fees during the development stage with potential for further relief during the Front-End Engineering Design (FEED) phase, alongside significant reductions in base royalties during the initial years of production, and Corporate Tax exemptions for up to 10 years. Together, these measures are designed to support early-stage project economics, improve internal rates of return, and facilitate accelerated progress towards final investment decisions.

Designed with flexibility, transparency, and scalability at its core, Oman’s third auction round is progressing with strong momentum, offering a land block of up to 300 square kilometers in Duqm and inviting proposals for projects covering a minimum of 100 square kilometers. Bidders have the flexibility in defining their project footprint within the block, enabling tailored configurations that align with individual development strategies and market requirements.

To date, almost 100 registrations have been received from major industry players and consortia across the green hydrogen value chain. This strong market response underscores a sustained appetite for structured, policy-backed green hydrogen development opportunities. Round 3 continues to attract serious first movers and institutional investors seeking to scale up operations in a competitive and structured environment.

The Statement of Qualification (SoQ) submission window remains open until 31 October 2025, and Hydrom encourages all interested parties to register and submit their documents via the dedicated platform. To support the formation of strong consortia in Round 3, Hydrom will launch an updated consortium matchmaking list, an established tool that has successfully connected qualified participants seeking strategic project partnerships.

For more information, visit: www.hydrom.om

Photo – https://laotiantimes.com/wp-content/uploads/2025/08/hydrom.jpg

Viewing China and the world through the lens of the ‘two mountains’ concept and its practice: Global Times

BEIJING, Aug. 14, 2025 /PRNewswire/ — 

I. Green and low-carbon development is shaping China and influencing the world.

August 15 marks China’s National Ecology Day. On this day in 2005, Xi Jinping, then secretary of the Zhejiang Provincial Committee of the Communist Party of China (CPC), visited Yucun Village in Anji County and proposed the “two mountains” concept, which asserts that “lucid waters and lush mountains are invaluable assets.” This concept has since charted the course of green transformation across East China’s Zhejiang Province.

In the new era, this important concept has been elevated to a key component of the new development philosophy, highlighting the distinctive features of Chinese modernization, guiding continuous progress in building a Beautiful China, and providing a valuable example for global sustainable development.

Recently, the first volume of selected works of Xi Jinping, general secretary of the CPC Central Committee, on ecological civilization has been published. This volume comprehensively showcases the theoretical, practical and institutional innovations in promoting ecological civilization in the new era, systematically reflecting the rich connotations, scientific framework and original contributions of Xi Jinping Thought on Ecological Civilization.

Today, China has built the world’s largest and fastest-growing renewable energy system as well as the largest and most complete new energy industrial chain. Contributing a quarter of the world’s newly-added area of afforestation, China leads the world in the speed and scale of “greening,” standing as a steadfast actor and major contributor in promoting global green development.

In the first half of this year, China’s economy has made steady progress, prompting external evaluations of “growth exceeding expectations.” The “steady” reflects a solid foundation in the real economy, while the “progress” highlights the accelerated development of new quality productive forces. Since the beginning of the new era, China’s economy has continuously grown stronger despite challenges, with the green foundation of high-quality development becoming increasingly prominent.

Based on the developmental practice of these three pairs of relationships – economic development and ecological protection, legal governance and cultural enrichment, “Beautiful China” and “a clean and beautiful world” – our understanding of the Party’s innovative theories in the new era, including their originality, historical significance and global contributions, has grown even deeper.

II. High-quality development and high-standard protection complement each other. High-standard protection supports high-quality development, ensuring the sustainable development of the Chinese nation and the continuous inheritance of Chinese civilization.

Faced with the global challenge of balancing development and protection, the “two mountains” concept addresses this issue through dialectical thinking, provides solutions with a systematic perspective, and innovates upon traditional growth theories. It breaks the mind-set trap of the “binary opposition” between economy and ecology as well as the path dependence of “pollution first, treatment later” that characterized the modernization process in the West, guiding China in the new era toward a road of sustained development of civilization, with advanced production, affluent life and favorable ecological conditions.

In the entire process of building Chinese modernization, “we must maintain a healthy interaction between high-quality development and high-level security,” General Secretary Xi Jinping’s important remarks reveal the practical path of ecological civilization construction that benefits the present and the future.

Prioritizing protection means accounting for the big picture, the long term, the whole, and the overall benefits, firmly grasping the strategic positioning within the country’s overall development framework.

Upholding green development – as reflected in the important statement that “new quality productive forces are inherently green” – reveals the deep logic of taking green and low-carbon development as the fundamental solution to ecological and environmental issues.

Major economic provinces and regions have taken on the responsibility of being the “main pillar,” while others act according to local conditions and leverage their own strengths, forming a combined force and momentum for high-quality development.

From expanding the pathways to transform lucid waters and lush mountains into invaluable assets, to building an industrial structure with high technological content, low resource consumption and minimal environmental pollution, and to accelerating the formation of green production and lifestyles, China will surely lay a solid material foundation and leave behind clear waters and verdant mountains for future generations.

III. “Good laws are a prerequisite for good governance” and “promoting Chinese culture to increase mutual understanding” work in tandem, balancing external constraints with internal motivation to form a strong synergy for protecting the ecological environment, ensuring that there will always be blue skies, green mountains and lucid water for all generations to come.

As “the fairest public product” and “the most inclusive public benefit,” it can only be safeguarded through the strictest systems and the most rigorous rule of law, which can prevent excessive exploitation and wanton destruction, ensuring that resources are used in moderation and conduct remains within proper bounds.

How did the Xin’an River transform from an ecological crisis to a model of green development? To improve the institutional framework, the “ecological compensation mechanism” was introduced for the first time in cross-provincial watershed governance practices. Legislative gaps were addressed with the enactment of local regulations such as the “river chief” and “lake chief” systems, as well as the regulation on pesticide administration. Joint law enforcement efforts were strengthened to control multiple pollution sources, and judicial collaboration was enhanced with the establishment of the ecological protection circuit court and the Xin’an River judicial protection workstation. By adhering to the rule of law, the Xin’an River has transitioned from “frequent interventions” to “sustainable governance” in the new era.

From “all living things flourish” to “harmonious coexistence,” China’s outstanding traditional ecological culture has radiated new brilliance in the new era through creative transformation and innovative development.

In a village in Nyingchi City, Southwest China’s Xizang Autonomous Region, green points earned through environmental protection behaviors serve as a key reference for granting preferential loans, motivating villagers to shift from “being demanded to protect” to “choosing to protect.” Since the implementation of the 10-year fishing ban on Yangtze River, policies ensuring basic livelihoods and providing employment guidance have been introduced, encouraging fishermen to transition into “fish protectors.” Governance reforms are driving changes in public attitudes.

By consolidating the value proposition that “the environment means well-being, the green mountains mean beauty and blue sky also represents happiness,” and by forming the consensus and action that “lucid waters and lush mountains are invaluable assets,” the innovative theories of the CPC in the new era have been liked, accepted and adopted by the people in practice. These theories have crystallized into the essence of Chinese culture and the Chinese spirit in this era.

IV. The concept that “lucid waters and lush mountains are invaluable assets,” also known as the “two mountains” concept, was proposed 20 years ago and has now become the foundation of China’s ecological civilization construction and a beacon of wisdom for global green development.

China is becoming a leader in promoting the global transformation of ecological civilization.” “The concept that ‘lucid waters and lush mountains are invaluable assets’ belongs to both China and the world.” Many international observers believe that this concept will guide us toward a more sustainable and equitable future.

The Port of Chancay in Peru is a key project in the China-proposed Belt and Road Initiative (BRI). The adjacent wetlands are a vital bird habitat.

From introducing a new vibration-compaction process to treat the foundation, reducing noise and dust pollution by 40 percent, to promoting wastewater recycling and saving more than 25 percent of water, the bird population in the wetlands remained undisturbed during the three years of construction. Mayor of Chancay, Juan Alberto Álvarez Andrade, hailed the Chancay Port project as one that’s both “golden” and “green.”

Establishing an international alliance for green development, formulating green investment principles, and building a green supply chain platform, the BRI, a green development path, fully demonstrates China’s pragmatic actions to inject green energy and provide green opportunities for participating countries.

Andrew Schwartz, vice president of the Institute for Ecological Civilization based in the US, believes that China has integrated the concept of “lucid waters and lush mountains are invaluable assets” into all areas of ecological civilization development, providing a compelling alternative to other development models, one that is timely, far-sighted, and inspiring.

Severe global challenges such as climate change, food security and energy security urgently require joint responses from all countries.

This year marks the 10th anniversary of the Paris Agreement. In the evolution of history, green and low-carbon development has finally become a trend of the times, and the international community is increasingly interdependent. China insists on carrying out green international cooperation to empower world modernization and benefit people of all countries with modernization in which humanity and nature live in harmony.

From the community of all life on Earth to the community with a shared future for humanity, from the harmonious coexistence of humans and nature to the global solidarity of the international community, the “He” (harmony) culture runs through it all. The essence of the “two mountains” concept and the essence of Chinese culture reveal the bright future of global development: The harmony between nature and society, and between individuals and groups, is the ideal of our nation. Our nation’s cohesion and creativity are also based on this.

“Humanity should overcome difficulties in solidarity and pursue common development in harmony. We should keep moving toward a community with a shared future for mankind, and jointly create a better future.”

 

Huawei Cloud AI Ecosystem Summit APAC 2025 sets bold targets to cultivate 30,000 AI talents and nurture 200 AI partners

KUALA LUMPUR, Malaysia, Aug. 13, 2025 /PRNewswire/ — The Huawei Cloud AI Ecosystem Summit APAC 2025 showcased how cutting-edge cloud and AI solutions will unlock economic growth potential for Malaysia and the broader ASEAN region while delivering transformative impact across key sectors such as healthcare and manufacturing.

Minister of Digital Malaysia, Yang Berhormat Gobind Singh Deo and Huawei Malaysia’s CEO Simon Sun at the Huawei Cloud AI Ecosystem Summit APAC 2025
Minister of Digital Malaysia, Yang Berhormat Gobind Singh Deo and Huawei Malaysia’s CEO Simon Sun at the Huawei Cloud AI Ecosystem Summit APAC 2025

The event was graced by Minister of Digital, YB Gobind Singh Deo, who in his keynote address stressed the importance of ethics and sustainability in Malaysia’s AI journey, noting that the country’s efforts are not just for national progress but are also critical to the broader ASEAN region.

“Our National AI Office (NAIO) has been speeding up the completion of the AI Technology Action Plan 2026–2030 and relevant regulatory frameworks to ensure the adoption of AI technology in key sectors in the country are ethical, sustainable and of high value,” he said in his closing keynote.

“Central to this ambition is Malaysia’s Digital Economy Blueprint, powered by initiatives like Malaysia Digital (MD). These efforts are amplified through strategic collaborations with technology leaders like Huawei. Every step we take is action-driven, grounded in strong public-private collaborations, to shape Malaysia’s digital economy,” he added.

In his closing speech, Chief Executive Officer of Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) Simon Sun, underscored the importance of the Huawei Malaysia AI Talent Programme in strengthening the AI talent pipeline.

“We have set the goal of nurturing 30,000 Malaysian AI talents, comprising students, Government officials, industry leaders, think tanks, associations and others, under this initiative in the coming three years.”

“We also plan to nurture 200 local AI partners through engagements, knowledge transfers as well as Cloud and AI solution collaborations with top AI companies. Huawei Cloud will also be the bridge to encourage AI investments in Malaysia, spurring homegrown AI innovation and solutions via tie ups with local players as well as through the inception of new Malaysian AI entities,” he added.

These efforts form part of the broader Huawei Cloud APAC AI Ecosystem Initiative, which aims to build a strong and inclusive AI ecosystem by empowering people and supporting local players.

The marquee announcements of the Huawei Cloud APAC AI Ecosystem Initiative were made by Sun in the presence of the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim, on the opening day of the ASEAN AI Summit 2025. The Prime Minister’s presence underscored the Government’s strong commitment to accelerating AI development in Malaysia and across the ASEAN region through strategic public-private partnerships and capacity-building initiatives.

Vice President of Huawei Cloud Marketing, Aka Dai, emphasised that intelligence is now a definitive trend, with cloud and AI as the core engines driving innovation and growth. He noted that ASEAN is seizing this strategic opportunity by building an “AI region”.

“Huawei has invested in ASEAN for 26 years, and Huawei Cloud has served the region for seven years. We will ramp up local investments as well as provide diverse, agile, and inclusive cloud and AI technologies to help boost regional economic growth, enhance competitiveness, and improve social well-being,” said Dai in his keynote session titled “Accelerate Intelligence, Ignite Smart ASEAN” on the first day of the ASEAN AI Summit.

Huawei Cloud empowers enterprises to fully harness AI through three core capabilities. First, Huawei Cloud’s global footprint spans 34 Regions and 101 availability zones (AZs), providing customers with ultra-low latency. In ASEAN, Huawei Cloud has built 5 Regions and 17AZs. Second, the AI Cloud Service with its open model ecosystem supports over 160 mainstream open-source models. Third, its industry-leading Pangu Models—a suite of multimodal models—underpin the “AI for Industries” strategy, helping businesses to rapidly develop dedicated models tailored to their needs.

The Huawei Cloud AI Ecosystem Summit APAC 2025, held on Day 2 of the ASEAN AI Summit, brought together approximately 300 industry delegates and featured the Chief Technology Officer of Huawei Cloud Enterprise Intelligence Ms Li Yin as a key speaker. Her session titled “Leap to Cloud, Heading to AI” highlighted Huawei Cloud’s deep collaboration with customers and partners that has led to AI applications across more than 30 industries and over 500 scenarios globally.

Through the Huawei Cloud Pangu foundational large model and ModelArts AI toolchain and proven engineering methodologies, Huawei Cloud enables enterprises to use their own data assets to rapidly develop customised AI models for high-quality incremental training, fine-tuning, and reinforcement learning.

She outlined three focus areas for Huawei Cloud’s continued investment: strengthening a secure and trustworthy AI computing foundation; applying ModelArts and the Pangu Large Model to power industry-to-business solutions such as enterprise AI assistants and AI video applications to transform sectors like smart cities, mining, railways, healthcare and manufacturing; and lastly fostering ecosystem growth by working with partners.

The rest of the speaker lineup at the Huawei Cloud AI Ecosystem Summit APAC 2025 included Head of the National AI Office (NAIO) Malaysia Shamsul Izhan Abdul Majid; Vice President of iFLYTEK Open Platform William Zhou; Co-Founder of Zetrix Dato Fadzli Shah; Managing Director of TrustDecision Malaysia, Henry Li Nan; and Multimedia University Malaysia’s Professor Ts. Dr. Ting Choo Yee.

-END-

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 207,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organisation for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; providing diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organisations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalised for people in all aspects of their life, whether they’re at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei
http://www.twitter.com/Huawei
http://www.facebook.com/Huawei
http://www.youtube.com/Huawei 

Infosys and Telstra Announce Joint Venture in Australia

Accelerating AI-powered Cloud & Digital transformation for Australian enterprises

BENGALURU, India and MELBOURNE, Australia, Aug. 13, 2025 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the formation of a joint venture with Telstra, Australia’s leading telecommunications and technology company. Accelerating Infosys’ strategy to help clients navigate their AI journey, this collaboration will propel AI-enabled cloud and digital solutions for Australian businesses.

Infosys will acquire 75% of the shareholding in Versent Group1, Australia’s leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group, that delivers cloud and digital transformation. Infosys will have operational control, while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its confidence in the shared potential for growth and customer value, combining Telstra’s connectivity, Versent’s local digital engineering expertise, and Infosys’ global scale.

Versent Group has earned its reputation by helping Australian enterprises design and implement cloud strategy with industry leading partners – delivering digital transformation with deep industry expertise. With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys’ local presence. Versent Group primarily serves large blue-chip organizations with established presence in government & education, financial institutions, energy, and the utilities sector.

This strategic collaboration will see Versent Group’s cloud and digital transformation expertise boosted by Infosys’ advanced AI capabilities, Cloud, Data and Digital consulting services. The collaboration will leverage Infosys Topaz and cloud offering Infosys Cobalt, as well as the cybersecurity capabilities of The Missing Link. It aims to deliver a new wave of differentiated value to accelerate end-to-end digital transformation for Australian enterprises and government corporations.

In 2024, Infosys had announced a strategic multi-year collaboration with Telstra to accelerate its software engineering and IT transformation journey and enhance customer experience. Further, in 2025, Infosys announced a collaboration with Telstra International, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy. This joint venture is another key step in strengthening the strategic collaboration between the two organizations to further the technology transformation agenda for enterprises across the region.

Vicki Brady, Chief Executive Officer, Telstra said, “Our collaboration with Infosys reflects our confidence in the value we can unlock together. Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group’s growth and impact across the region.”

Salil Parekh, Chief Executive Officer, Infosys said, “We are excited to bring Infosys Topaz™ to enable transformative AI-first capabilities to complement Versent Group’s cloud-first digital foundation. Expanding our trusted collaboration with Telstra, with whom we share a valued relationship, unveils a new opportunity to further accelerate the innovation agenda for enterprises across the region.”

Oliver Camplin-Warner, Group Executive for Telstra Enterprise added, “We’re excited about what’s ahead as we deepen our strategic collaboration with Infosys. By combining the strengths of our three businesses, we’re creating a unique proposition that will help Australian enterprises grow and innovate in today’s fast-moving, AI-driven digital landscape.”

Anand Swaminathan, Executive Vice President – Global Head of Communications, Media & Technology, Infosys added, “By combining Infosys’ global leadership in digital services with the strength and trust of the Telstra brand, we are uniquely positioned to deliver cloud and AI solutions that are secure, resilient, and built for the digital needs of Australia and New Zealand. This collaboration reflects our shared commitment in accelerating AI-led innovation, and enabling a more connected, intelligent, and digital future for the region.”

Infosys is delighted to welcome Versent Group and its leadership team.

The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.

1 Versent Group is Telstra Purple Pty Ltd and is the integration of Versent, Epicon, Telstra Purple Digital and associated Cloud Access products. Telstra Purple Digital refers to carve-out from Telstra’s Enterprise Tech Services/Telstra Purple portfolio, and excludes Alliance Automation Pty Ltd, Aqura Technologies Pty Ltd, and Telstra Broadcast Services Pty Limited.

About Telstra

Telstra is Australia’s leading telecommunications and technology company, delivering advanced connectivity across mobile, fixed, and digital platforms. We enable people, businesses, and governments to connect to what matters most—locally and globally. Through innovation and network leadership, we’re building a more resilient, responsive, and inclusive digital future.

About Versent Group

Versent Group is a market leading digital transformation partner, uniting the capabilities of Versent, Telstra Purple Digital, and Epicon under one brand. With deep expertise in cloud-native solutions and a commitment to delivering real outcomes, Versent Group is focused on helping organisations achieve lasting success in a simpler, stronger way.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 

Ethereum Trades Above $4.6K as Bybit Releases 10-Year Outlook Report

DUBAI, UAE, Aug. 13, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the release of its latest Crypto Insights Report, “Ethereum at 10: A Decade of Disruption and the Road Ahead,” as Ethereum trades well above the $4,600 mark, only 6% away from the all-time-high reached in November 2021. As the institutions’ demand for Ether as treasury is nowhere to stop, Ether is poised for an all-time-high as soon as this week. The report examines Ethereum’s first decade, its shift from Proof of Work (PoW) to Proof of Stake (PoS), and its ambitious roadmap through 2035, outlining how upcoming upgrades could transform scalability, efficiency, and security across the blockchain ecosystem.

Ethereum now secures hundreds of billions in digital assets and processes millions of transactions each day. It serves as the foundation for decentralized finance (DeFi), non-fungible tokens (NFTs) and the growing market for tokenized real-world assets (RWAs). The Bybit report details how Ethereum’s planned upgrades, from danksharding and zero-knowledge EVM integration to the Lean Ethereum vision, are expected to deliver exponential improvements in scalability, efficiency and security.

Key highlights from the report:

  • Scaling for the Future: Upgrades will enable millions of transactions per second through sharding, Layer 2 rollups and a next-generation virtual machine, alongside single-slot finality for near-instant settlement.
  • Lean Ethereum Strategy: A shift toward modular simplicity, minimalism and quantum resistance to strengthen long-term resilience.
  • ETH as a Yield-Bearing Asset: Ethereum’s PoS model has turned Ether into a crypto-native yield benchmark, influencing rates across DeFi markets.
  • Institutional Engagement: Leading global institutions including BlackRock, Visa and Deutsche Bank are adopting Ethereum for tokenized assets and enterprise blockchain infrastructure.
  • Maintaining Leadership: Ethereum remains the top Layer 1 by developer activity and total value locked, while its Layer 2 ecosystem is expanding to capture more use cases.
  • Long-Term Forecast: By 2035 Ethereum could operate as a highly scaled and secure base layer supporting trillions of dollars in annual on-chain economic activity with a stable or shrinking supply of ETH.

The report finds that Ethereum is entering a decade of significant technological advancement and deeper integration into the global financial system. With its developer community, liquidity depth and adaptability, Ethereum is positioned to remain the core infrastructure for the decentralized economy.

Full Report Access
The complete Bybit Crypto Insights Report: Ethereum at 10 is available here.

#Bybit / #TheCryptoArk /#BybitResearch

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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HolmesAI Closes Seed+ Round Funding, Pioneering the Future of Personalized AI Agents

HONG KONG, Aug. 13, 2025 /PRNewswire/ — HolmesAI, a Persona-based AI Agent service platform, has successfully completed its Seed+ funding round with participation from prominent investors, including Bitrise Capital, Waterdrip Capital, and CGV Fund. To date, HolmesAI has raised a total of $3 million. The project received early-stage incubation support from both HashKey Group and a leading cloud computing company in the industry.

At HolmesAI, “Persona” represents a personalized knowledge base that enables Agents across various scenarios to really “think and act like users,” thereby unleashing human creativity.

The key to creating AI Agents with authentic “human-like” qualities lies not in algorithmic complexity, but in Persona – the unique personality framework that determines an Agent’s tone, expertise, and behavioral patterns. HolmesAI’s groundbreaking Persona system fundamentally addresses the personalization limitations of traditional AI Agents.

Through HolmesAI, users can build comprehensive Personas that include knowledge bases, language styles, thought patterns, and behavioral preferences, enabling  Agents to accurately simulate users’ cognitive and expressive patterns, achieving true human liberation from repetitive tasks.

The platform’s revolutionary innovation transforms each Persona into tradable digital assets. Blockchain technology ensures data sovereignty, allowing Personas to be deployed on multiple Agents. The more frequently a Persona is used, the greater the economic rewards for its creator.

“HolmesAI empowers everyone to own hyper-personalized Agents that truly reflect their individuality, finally freeing humanity from repetitive cognitive tasks,” said Chris, Founder of HolmesAI. “We’re starting with social media platforms, especially X, given how integral they are to modern digital life, before expanding to other industries.”

HolmesAI has officially launched its Persona-powered application for the X platform. This integration allows users to create their own personalized X Agents, enabling automated and tailored post generation. The platform will also roll out an “Ignition Program,” offering participants a variety of benefits.

The latest funding round, backed by several well-known institutions, underscores strong market confidence in decentralized AI Agents. “Autonomous AI is emerging as a key direction for the industry,” said Kevin, Partner at Bitrise Capital. “HolmesAI’s innovative Persona system enables a precise understanding of users’ needs, making personalized Agents accessible to all. We believe it holds long-term value in the Web3 ecosystem.”

SG Wireless and 1NCE Join Forces to Streamline IoT Connectivity and Rapid Prototyping

HONG KONG, Aug. 13, 2025 /PRNewswire/ — SG Wireless Limited, a full-stack IoT technology solutions provider and design engineering subsidiary of Season Group, announces a key partnership with 1NCE, a global leader in IoT software and connectivity services. This collaboration integrates 1NCE’s SIM card technology into SG Wireless’ F1 Starter Kits, enabling customers to benefit from seamless, zero-touch provisioning for a true plug-and-go IoT development experience.

The F1 Starter Kit is a comprehensive IoT development platform that includes multi-network connectivity modules supporting Wi-Fi, Bluetooth LE, LTE CAT-M1/NB-IoT, and LoRaWAN, combined with developer-friendly tools and cloud integration. It is designed to help developers and enterprises quickly prototype, test, and deploy IoT solutions across various applications such as smart agriculture, industrial monitoring, and connected healthcare. 1NCE, known for its disruptive flat-rate pricing, currently operates the world’s largest IoT network in the cloud, with 30 million connected products across 170+ countries.

The partnership addresses a key challenge in IoT deployment-simplifying connectivity setup and accelerating time-to-market. By embedding 1NCE global SIM cards into the F1 Starter Kits, SG Wireless offers an out-of-the-box solution that allows developers and businesses to provision their IoT devices effortlessly, eliminating complex manual configurations. Supported by Season Group’s global manufacturing facilities in Mexico, Malaysia, the UK, and China, which provide quick-turn prototyping and flexible production scaling, this collaboration ensures customers can rapidly move from concept to production and deploy solutions in different regions with minimal delay.

Key Benefits of the SG Wireless and 1NCE Partnership

  • Plug-and-Play IoT Development: F1 Starter Kits come preloaded with 1NCE SIM cards, enabling instant, zero-touch provisioning for rapid device activation.
  • Global Coverage & Scalability: 1NCE’s global IoT software platform ensures reliable connectivity across 170+ countries, ideal for scaling IoT solutions internationally.
  • Cost-Effective Connectivity: IoT solutions can be deployed with predictable, affordable connectivity costs worldwide, leveraging 1NCE’s disruptive flat-rate pricing.
  • Multi-Network Connectivity: F1 Starter Kits support Wi-Fi, Bluetooth LE, LTE CAT-M1/NB-IoT, and LoRaWAN, providing flexible options for diverse IoT applications.
  • Accelerated Time-to-Market: Plug-and-go setup reduces deployment complexity, helping businesses move from prototype to production faster.

Carl Hung, CEO of Season Group and SG Wireless, said, “Our collaboration with 1NCE brings together best-in-class hardware and connectivity to empower customers with a hassle-free IoT development journey. Integrating 1NCE’s reliable global SIM technology into our F1 Starter Kits means users can focus on innovation without worrying about connectivity setup. This partnership exemplifies our commitment to delivering end-to-end IoT solutions that accelerate product development and deployment.”

Nicolas Martinez-Fresno, Chief Sales & Marketing Officer at 1NCE, added, “Partnering with SG Wireless allows us to extend our zero-touch provisioning capabilities directly to developers and enterprises at the earliest stages of IoT development. Together, we are simplifying IoT and enabling faster, scalable IoT deployments worldwide.”

The SG Wireless F1 Starter Kit with 1NCE SIM is ideal for developers and enterprises seeking a streamlined, scalable, and cost-effective way to build and deploy IoT solutions across industries such as industrial monitoring and connected healthcare.

For details on SG Wireless and the F1 Starter Kit, visit sgwireless.com.

To explore 1NCE’s global IoT connectivity solutions, head to 1NCE.com.

About SG Wireless:
SG Wireless Limited is a full-stack IoT technology solutions provider and design engineering subsidiary of Season Group. SG Wireless specializes in end-to-end IoT product design, prototyping, and manufacturing, helping businesses transform ideas into scalable, connected products.
https://sgwireless.com

About Season Group:
Season Group is a global electronics design and manufacturing leader, specializing in quick-turn prototyping and scalable production across multiple industries. With facilities worldwide and certifications including ISO and AS9100, Season Group delivers high-quality, end-to-end supply chain solutions that empower innovation and growth.
https://www.seasongroup.com

About 1NCE:
1NCE offers a software platform for connected products that delivers hassle-free IoT in 170+ countries. The software platform enables customers to easily, securely and reliably collect device data and turn it into actionable intelligence. It jumpstarts IoT adoption – accelerating time-to-market for data collection projects, increasing device lifetime, and allowing efficient management of sensors from initial deployment to the end of the product lifecycle.
https://www.1nce.com/

Press Contacts: 
Jasmine Leung, SG Wireless Limited, jasmine.leung@sgwireless.com
Brad Chase, 1NCE, brad.chase@1NCE.com