• FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (formerly AIxCrypto Holdings, Inc. and AIXC) and Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FFAI”) signed definitive agreements on October 12, 2026, for FFR to acquire FFAI’s robotics assets and business in an all-stock transaction. The parties agreed on a valuation of approximately $200 million for FFAI’s robotics business and approximately $60 million for FFR on a fully diluted basis. All closings are expected to be completed by the end of October 2026.  
• FFR will issue shares to FFAI at $2.246 per share, representing a premium of approximately 50% to FFR’s closing price of $1.50 on the signing date of October 12, 2026 and approximately 55% to closing price of $1.45 on October 13, 2026.
• The transaction was approved by the respective Board special committees comprising disinterested independent directors of FFAI and FFR, and is supported by a fairness opinion issued by the independent financial advisor engaged by the FFR special committees.
• FFR has secured its first round of PIPE financing of up to $10 million. The financing is priced at market, with no discount or no warrants, and low associated financing costs. To support investor interests, FFR limited this round’s financing to no more than $10 million to meet its current funding needs while reducing unnecessary equity dilution. Upon closing of the acquisition transaction and PIPE financing, on an as-converted, fully diluted basis, FFAI will hold approximately 65.7% of FFR, with all newly issued shares received in this transaction subject to an 18-month lockup, management and employees approximately 18.2%, PIPE investors approximately 5.5%, and other FFR stockholders approximately 10.7%. PIPE investors may not sell their shares within six months or before the resale registration statement becomes effective. FFAI, management and employees, and PIPE investors will collectively hold approximately 89.3%. Excluding these holdings, the freely tradable public float will consist of approximately 13 million shares, representing approximately 10.7% of the total.
• FFR will become the first U.S.-listed pure-play “Four-Core Full-Stack AI” humanoid and bionic EAI robotics ecosystem company, targeting a top-three overall ranking in the EAI robotics industry over the next five years. As the first U.S. company to deliver both humanoid and bionic robots, FF is turning its first-mover advantage into a competitive advantage, drawing on its “Four-Core Full-Stack AI” Ecosystem, EAI technology strengths, and “One Brain, Multiple Forms; Multiple Forms, Multiple Capabilities” approach to build a leading U.S. Physical AI and robotics ecosystem platform. The four cores, EAI Brain and Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory, will accelerate deployment across education and research, security and inspection, industrial and logistics, and commercial applications and services. The “Built in USA” Acceleration Program will translate these technology and ecosystem capabilities into U.S.-based R&D, compliance, supply chain, manufacturing, delivery, and service capabilities, creating a self-evolving flywheel of real-world deployment, data collection, EAI Brain model refinement, and updates to real-world deployments.
• In less than a year, FFAI’s EAI robotics business has made progress exceeding expectations. The Company has completed Phase One of the “Built in USA” Acceleration Program and is advancing the “One-Brain Multi-Form Multi-Capability” FF EAI Robot World 2.0. FFAI has launched 24 products across three robot forms and begun customer deliveries. Its “Four-Core Full-Stack AI” Ecosystem is taking shape. By the end of September, cumulative EAI Device sales and shipments reached 817 units. In the second quarter, the average gross margin on FFAI’s robotics products exceeded 30%, and cumulative revenue was approximately $1.52 million.
• Under FFAI’s robotics business plan, unaudited revenue for 2026 is projected to reach approximately $7 million, with a gross margin of 10%; revenue for 2027 is projected to reach approximately $45 million, with a gross margin of 30.5%. Cumulative revenue from 2026 through 2030 is projected to reach approximately $1.98 billion, with gross margin increasing annually to 54% in 2030 and cumulative EAI Device sales from 2026 to 2030 exceeding 130,000 units. Drawing on seven unique advantages, including its EAI technology strengths across “Four-Core Full-Stack AI” and its asset-light operating model, FFR aims to achieve positive operating cash flow no later than the third quarter of 2028, with cumulative financing requirements of no more than $150 million.
• FFR’s governance framework will draw on the governance arrangements between FF Global Partners LLC and FFAI to support leadership continuity, strategic oversight, and long-term execution, with the aim of making the Company one of the most valuable EAI companies in the Physical AI era.
• Through the merger and independent listing, FFR will sharpen its focus on Physical AI and EAI robotics, accelerate commercialization at scale, improve capital efficiency and financial transparency, and unlock value, with the goal of maximizing stockholder value as soon as possible.

LOS ANGELES, Oct. 14, 2026 /PRNewswire/ — FF EAI Robotics Ecosystem Inc. (“FFR” or the “Company”) (NASDAQ: FFR) today announced that it has signed definitive agreements with FFAI for FFR to acquire FFAI’s full robotics ecosystem business at an agreed valuation of approximately $200 million.

The transaction advances the parties’ previously announced transaction process to the definitive agreement stage. Its structure has been simplified to facilitate execution and closing. Following closing, FFR will become the first U.S.-listed pure-play “Four-Core Full-Stack AI” humanoid and bionic EAI robotics ecosystem company, with the goal of maintaining a top-three overall ranking in the EAI robotics industry over the next five years.  

Share Issuance at $2.246 per Share, a Premium to Market Price, to Reduce Acquisition Dilution and Maximize Stockholder Value 

Under the definitive agreements, the parties agreed on a valuation of approximately $200 million for FFAI’s robotics business and approximately $60 million for FFR on a fully diluted basis. The agreed transaction values reflect the parties’ mutual recognition of the strategic value of their respective businesses and are not based solely on prevailing market prices.

The definitive agreements advance the transaction from the previously announced non-binding term sheet to a signed contractual framework. The special stock dividend mechanism contemplated in the earlier term sheet is not part of the definitive transaction. Its removal simplifies the transaction structure and is intended to support efficient execution and closing.

The parties’ agreed valuation of approximately $60 million for FFR(previously AIxCrypto Holdings, Inc.) reflects its Nasdaq-listed platform, existing shareholder base and trading infrastructure, relatively simple balance sheet and capitalization structure, existing RoboShare business, and financial assets, including cash, cash equivalents, note receivables and certain investments, including investments in FFAI. FFR’s existing RoboShare platform also offers potential synergies with the acquired robotics business across sales, leasing, deployment and recurring services. Following the transaction, FFR will emerge as a Nasdaq-listed company with an established shareholder base, a relatively simple balance sheet, minimal debt, and no outstanding convertible notes, providing the robotics business with a direct access to U.S. capital markets.

Loeb & Loeb LLP serves as legal counsel to the FFR special committee. Advanture Capital Solutions LLC is acting as independent financial advisor to FFR special committee and has rendered a fairness opinion in connection with the acquisition transaction. Pryor Cashman serves as legal counsel to FFAI.

FFR Has Secured Up to $10 Million in PIPE Financing with No Discount

FFR has secured up to $10 million in its first-round of PIPE financing. The financing is priced at market, with no discount or no warrants, and low associated financing costs, and is structured to minimize equity dilution. To best support investor interests, FFR limited the offering to approximately $10 million to meet its current funding needs while reducing unnecessary equity dilution.

Upon closing, on an as-converted, fully diluted basis, FFAI will hold approximately 65.7% of FFR, with all newly issued shares received in this transaction subject to an 18-month lockup. Management and employees will hold approximately 18.2%, PIPE investors approximately 5.5%, and other FFR stockholders approximately 10.7%. PIPE investors may not sell their shares within six months or before the resale registration statement becomes effective. FFAI, management and employees, and PIPE investors will collectively hold approximately 89.3%. Excluding these holdings, the freely tradable public float will consist of approximately 13 million shares, representing approximately 10.7% of the total.

These estimates are subject to confirmation and may change based on the final transaction capitalization and PIPE terms.

The financing will further strengthen FFR’s capital base and provide resources to advance its “Four-Core Full-Stack AI” strategy, supporting product R&D, commercialization, and scaled deployment of the robotics ecosystem.

Upon completion of the financing, the Company will have additional resources for business development, R&D investment, and market expansion. For stockholders and investors, lower financing costs and limited equity dilution are expected to further improve the Company’s capital structure and support the realization of the robotics business’s long-term value.

The consummations of the acquisition transaction and the PIPE are subject to satisfaction or waiver of closing conditions set forth in the applicable transaction documents.

FFR Aims to Achieve and Maintain a Top-Three Comprehensive Ranking in the EAI Robotics Industry

The Company is building a full-lifecycle robotics business spanning research and development, supply chain, manufacturing, sales, deployment, data, and operations, centered on its “Four-Core Full-Stack AI” ecosystem.

Under preliminary projections prepared by FFAI management for the FF EAI Robotics business on a standalone basis, revenue is projected to reach approximately $7 million in 2026 and $45 million in 2027. The projections contemplate positive gross margin in 2026, gross margin of approximately 30% in 2027 and approximately 54% in 2030, cumulative revenue of approximately $1.98 billion from 2026 through 2030, and positive operating cash flow in the third quarter of 2028. Cumulative financing requirements before then are projected to be no more than $150 million, implying low dilution for stockholders and financing needs well below those of industry peers.

FFAI management projects EAI Device sales of 2,001 units in 2026 and 7,400 units in 2027, with cumulative sales exceeding 130,000 units over five years. The projections also contemplate more than 19 million hours of cumulative data supply over five years and approximately $300 million in cumulative research and development investment over the same time period.

As the EAI Brain and Developer Platform, Industry Productivity Solutions, EAI Data Factory and related services develop, ecosystem revenue is projected to grow from 22% of total revenue in 2026 to 49% by 2030. These projections were prepared by FFAI management and have not been adopted by FFR as Company guidance. Actual results may differ materially.

Board, Governance Framework and Employee Incentives Support Leadership Continuity and Long-Term Execution

To support the continuity and long-term execution of the robotics business after closing, the transaction includes arrangements covering employee incentives, key employee retention, governance, and Board composition. As part of these arrangements, outstanding employee stock-option incentives associated with the FF EAI Robotics business are expected to be assumed and converted, at the agreed exchange ratio, into stock options of FFR (“Assumed Options”). The structure is intended to align the long-term interests of the core team with FFR’s development and long-term value creation.

Key employees are expected to be retained and to enter into employment agreements, which are important conditions to closing. Key management will continue to support both FFR and FFAI, helping preserve the talent and business capabilities needed to support the robotics business.

FFR’s governance framework is expected to be similar to the governance arrangements between FF Global Partners LLC and FFAI, intended to support leadership continuity, strategic oversight and long-term execution under the founding team’s leadership, while providing additional protections at the Board level. The final arrangements will be described in FFR’s filings with the SEC.

Independent Listing Anchors the Value of the Robotics Business and Unlocks Its True Value

FFR will establish financial reporting and an operating framework focused on the robotics business, providing a clearer view of business performance, funding needs and uses of capital. Its balance sheet, income statement, and statement of cash flows will potentially provide greater clarity.

For two years following closing, FFAI and its affiliates have agreed to observe non-competition restrictions in territories where FFR and its affiliates conduct robotics business.

For FFR and its stockholders, the transaction provides a complete robotics ecosystem business acquired at an agreed valuation of approximately $200 million, a dedicated listed platform focused on the robotics ecosystem, and a premium issuance designed to reduce dilution. The secured PIPE provides additional capital for future business development.

For FFAI and its stockholders, the transaction anchors the agreed value of the robotics business and releases it through a standalone public-company platform, while FFAI continues to be the majority and controlling stockholder of FFR and continues to participate in the robotics business.

Next, FFR will advance financing and transaction closing in an orderly manner. All closings are expected to be completed by the end of October. Upon completion of the transaction, the Company will announce FFR’s next-stage strategy and business plan.

“The transaction will give the robotics business a dedicated public-company platform alongside RoboShare’s capabilities. We’re confident in the opportunity to build on customer deliveries and expand real-world applications creating a foundation to advance commercialization across products, deployments, data and services,” said Jerry Wang, Chief Executive Officer of FFR.

Management Conference Call

FFR will host a conference call and webcast to discuss the transaction, its strategic rationale, expected financial and operational benefits, and long-term growth plans, followed by a question-and-answer session.

Date: October 14, 2026
Time: 8:30 a.m. ET / 5:30 a.m. PT
Dial-In: 1-877-407-9208 or 1-201-493-6784
Call me™ Link:
https://callme.viavid.com/viavid/?callme=true&passcode=13763373&h=true&info=company&r=true&B=6
Webcast Participant Link:
https://viavid.webcasts.com/starthere.jsp?ei=1779329&tp_key=f3da5b6106

Telephone Replay
Replay Dial-In: 1-844-512-2921 or 1-412-317-6671
Access ID: 13763373

About FF EAI Robotics Ecosystem Inc.

FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (renamed from AIxCrypto Holdings, Inc. and AIXC, effective September 30, 2026) is a U.S.-based Embodied AI (EAI) robotics company that is in the process of acquiring the FF EAI Robotics business. Upon completion of the acquisition, the Company will focus on the research and development, manufacturing, commercialization, and deployment of intelligent robotic technologies, products, and industry solutions.

The Company is committed to building a “Four-Core Full-Stack” AI ecosystem covering the full lifecycle of robotics, consisting of EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technology and product philosophy of “One Brain, Multi-forms, Multi-capabilities,” the Company aims to empower humanoid, biomimetic, and other robotic form factors through a unified EAI Brain, while continuously expanding their multi-task and multi-scenario capabilities. The ecosystem is designed to support the full robotics lifecycle, including R&D, deployment, data collection and training, operations, and commercial applications.

The FF EAI Robotics business has already achieved commercial deliveries of humanoid and biomimetic robotic products. Through its multi-form-factor robotic products, EAI technology platform, closed-loop data capabilities, and industry solutions, the business continues to advance the scaled adoption of robotics across real-world applications. The Company also operates RoboShare, a robot-sharing and services platform designed to connect robotic assets, service capabilities, customer demand, and ecosystem partners, further strengthening its robotics commercialization and service ecosystem.

For more information, visit www.ff.com.

Forward-Looking Statements

This communication, including any presentation, press release, investor materials or other document of which it forms a part (this “Communication”), contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws, regarding FF EAI Robotics Ecosystem Inc. (“FFR,” the “Company,” “us,” “our,” or “we”) and our industry. All statements, whether written or oral, other than statements of historical fact, including any financial projections and any statements regarding future events, our strategy, our transition to robotics operations, our plans for RoboShare, our digital asset disposition plans, the proposed acquisition of the FF EAI Robotics business, the projections referenced in this communication, our name and ticker change, any related financing, and the anticipated benefits and timing of the foregoing, our objectives, expectations, or anticipated actions or results, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking. These statements reflect our current expectations and projections about future events as of the date of this Communication and are necessarily based on estimates and assumptions that, while considered reasonable by management, are inherently uncertain. FFR can give no assurance that such forward-looking statements or financial projections will prove to be correct.

Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of numerous risks and uncertainties, both general and specific, including, but not limited to:

The proposed acquisition transaction and PIPE. The definitive agreements may be terminated in accordance with their terms, and the proposed transactions may not be completed on the terms described or at all; the conditions to closing, including the completion of FFAI’s internal restructuring of the robotics business, the execution of key employee agreements and other customary conditions, and the parties’ ability to satisfy them; the risk that the stockholder approval required under Nasdaq listing rules for the conversion of the preferred stock issued as consideration is not obtained or is delayed, and the effect of the conversion restrictions and the information statement process on the timing of conversion; the timing of the transaction and the costs of pursuing it; the issuance of a substantial number of shares as consideration and the resulting dilution to existing stockholders; the fact that the counterparty is our controlling stockholder, that it will hold a substantial majority of our outstanding shares following closing, that certain members of management serve both companies, and the conflicts of interest inherent in the transaction; the risk that the agreed valuations do not reflect the market value of our shares or of the acquired business; our dependence on the counterparty for transition, supply and support following any closing; the scope and enforceability of the non-competition and governance arrangements; the consequences of the transaction under Nasdaq listing rules, including the possibility that Nasdaq determines that the transaction requires us to satisfy initial listing requirements in connection with a business combination, change of control or change in the nature of our business; the risk that the PIPE financing, on which the transaction is not conditioned, is not completed on the anticipated terms or at all; the risk of litigation relating to the transaction; our ability to integrate and operate the acquired business; and the risk that the acquired business performs differently than anticipated.

Projections. The projections referenced in this communication were prepared by FFAI management for the FF EAI Robotics business on a standalone basis and do not reflect our existing business, transaction-related expenses or the combined company. We have not independently verified them or adopted them as guidance. They were not prepared with a view toward public disclosure or toward compliance with the published guidelines of the Securities and Exchange Commission or the American Institute of Certified Public Accountants regarding prospective financial information, and no independent registered public accounting firm has examined, compiled or performed any procedures with respect to them, and none expresses an opinion or any other form of assurance with respect to them. The projections reflect estimates and assumptions that are inherently uncertain and subject to change, including through due diligence and the review of our special committee and its financial advisor. Actual results are likely to differ, and may differ materially.

Liquidity, capital and going concern. Our limited cash and liquidity position and our history of operating losses and negative operating cash flow; substantial doubt regarding our ability to continue as a going concern, as described in our periodic reports; our need to obtain additional financing on acceptable terms or at all, and the substantial dilution to existing stockholders that additional financing may cause, including any financing completed in connection with the proposed transaction, which may not be completed or may be on less favorable terms than anticipated; our ability to fund operations pending and following the disposition of our digital asset positions; and our ability to satisfy the continued listing requirements of The Nasdaq Stock Market, including stockholders’ equity, minimum bid price and other applicable standards.

Our strategic transition and the disposition of digital assets. Risks associated with a fundamental shift in our business strategy and the redeployment of resources from a digital asset treasury strategy to robotics operations; our ability to execute the disposition of our digital asset positions in an orderly manner and on acceptable terms; the risk that amounts realized on disposition are materially less than carrying value as a result of price volatility, market depth, execution timing, custody or transfer constraints, or other limitations; tax, accounting and regulatory consequences of the dispositions; the continued volatility and regulatory uncertainty associated with digital assets and cryptocurrencies during the wind-down period; the concentration of a substantial portion of our assets in a single equity investment, including an investment in a related party, and the illiquidity, valuation uncertainty, holding-period and transfer restrictions associated with that investment; and risks arising from our relationships and agreements with related parties and significant stockholders.

Our robotics operations business. Our limited operating history in robotics operations and commercialization and the absence of a meaningful revenue history; the early stage of RoboShare and the risk that customer demand, repeat demand, pricing, utilization or unit economics do not develop as anticipated; our dependence on a small number of customers, on a single initial geographic market, and on individual events or engagements, and the risk that the loss of, or a change in the terms of, any such relationship has a disproportionate effect; our dependence on third-party robot owners, operators, suppliers, original equipment manufacturers and local partners, and on their willingness to make robots available on our platform; risks relating to the availability, cost, quality, maintenance, transport, insurance and technological obsolescence of robots and related equipment, and to supply chains, tariffs and trade measures affecting them; and our ability to expand into additional markets and to attract and retain participants on both sides of our marketplace.

Operations, safety and liability. Risks of property damage, personal injury or death arising from the operation of humanoid robots, quadrupeds and other autonomous or semi-autonomous machines in proximity to performers, employees, guests and the public, including at live events and in uncontrolled environments; product liability, premises liability, negligence and related claims and the adequacy, scope, availability and cost of our insurance coverage and of contractual indemnities from customers, owners and suppliers; the allocation of responsibility among us, robot owners, venues, event producers and customers; permitting, licensing, occupational safety and event-specific regulatory requirements; and the reputational consequences of any safety incident.

Technology, data and intellectual property. Systems, network, telecommunications or service disruptions, failures, defects or cyber-attacks; the performance, reliability and autonomy limitations of robotic systems and of the software, models and networks that support them; our collection, use, storage, transmission and protection of personal information, including images and any biometric or biometric-adjacent data captured in the course of robot deployments, and evolving privacy, biometric and artificial intelligence laws and regulations across the jurisdictions in which we operate or intend to operate; our ability to obtain, maintain, protect and enforce our intellectual property rights and to defend against third-party claims of infringement or misappropriation; and our reliance on third-party technology, platforms and licenses.

Legal, regulatory and general. The regulated industries and jurisdictions in which we operate; current or future laws or regulations and new interpretations of existing laws or regulations, including those applicable to digital assets, robotics, autonomous systems, consumer protection, advertising and endorsements; the risk that our marketplace arrangements, or the manner in which they are described, are characterized differently than we intend by regulators or courts; the failure of counterparties to perform their contractual obligations; litigation, regulatory inquiries, investigations and enforcement actions, and their costs and outcomes; business, economic, market and capital-market conditions; competition in our industry; changes in market demand for, and the pricing of, our products and services; our ability to define, design and release new products and services in a timely manner that meet customer needs; our ability to attract, retain and motivate qualified personnel, including key management; our ability to manage our growth and our transition; and our ability to maintain effective internal control over financial reporting and disclosure controls and procedures.

This list of factors is not exhaustive. Additional risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, and our subsequent filings, which are available on the SEC’s website at www.sec.gov. Investors are urged to review the liquidity, capital resources and going concern disclosures contained in those reports.

The forward-looking statements in this Communication speak only as of the date hereof. Except as required by law, neither FFR nor any other person undertakes any obligation to update or revise any forward-looking statement or financial projection set out herein, whether as a result of new information, future events or otherwise. This Communication is provided for informational purposes only, does not constitute an offer to sell or the solicitation of an offer to buy any security, and does not constitute investment, tax or legal advice or any investment recommendation, and does not take into account the investment objectives or financial situation of any person. FFR reserves the right to amend or replace the information contained herein, in whole or in part, at any time, and undertakes no obligation to notify any recipient thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. This caution is made under, and these forward-looking statements are intended to be covered by, the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

• The MICHELIN Guide South Australia 2027 restaurant selection debuts with 77 establishments: 1 Two MICHELIN Stars, 10 One MICHELIN Star, 16 Bib Gourmand, and 50 MICHELIN Selected
• Marking the Guide’s expansion into South Australia, the inaugural selection showcases a rich diversity of culinary traditions shaped by fire, terroir and multicultural influence
• The selection also highlights 3 MICHELIN Guide Special Awards: Young Chef Award, Service Award, and Sommelier Award

ADELAIDE, Australia, Oct. 14, 2026 /PRNewswire/ — South Australia has officially joined the global MICHELIN Guide map, marking the Guide’s first-ever expansion into Australia. The MICHELIN Guide South Australia 2027 recognizes 77 restaurants honoring their craft, creativity and distinct sense of place.

After months of anonymous inspections, the MICHELIN Guide has awarded Two MICHELIN Stars to Adelaide’s Magill Estate Restaurant led by Chef Scott Huggins.

Anvers Restaurant, Aptos, arkhé, Aurora at ILA, Skillogalee Barrel House, Botanic, Esmay, Hentley Farm, LVN Restaurant at Bird in Hand, and Maxwell Restaurant have each received One MICHELIN Star.

Beyond the Stars, 16 restaurants have earned a Bib Gourmand for good food at great value, and 50 more restaurants join the Guide as MICHELIN Selected.

Gwendal Poullennec, International Director of the MICHELIN Guide, said:

“South Australia’s debut has been very impressive. What struck our Inspectors was the sheer diversity on display – European, Southeast Asian and Japanese traditions sitting naturally alongside native ingredients such as quandong, lemon myrtle and native Australian meats, never as novelty, but as an honest expression of place.

From Adelaide’s easy-going dining rooms to the restaurants within wineries of the Barossa Valley, McLaren Vale, Clare Valley and Adelaide Hills, fire is the thread that runs through it all. It is a food culture unburdened by rigid tradition – technically refined yet relaxed, generous and unmistakably South Australian in its warmth.”

In addition to the restaurant selection, the MICHELIN Guide Special Awards were recognized as the following:

• Service Award: Mrs Melissa Pisanelli, from MICHELIN Selected Allegra Dining Room
• Young Chef Award (Presented by King River): Mr Shakaan Abillion, from MICHELIN Selected Shōbōsho
• Sommelier Award: Mr Maxime Martin, from MICHELIN Selected Hardy’s Verandah

The full MICHELIN Guide South Australia 2027 restaurant selection is available on the MICHELIN Guide website and app, with restaurants searchable by location, cuisine or additional features.

Download the MICHELIN Guide Worldwide app for iOS and Android devices.

guide.michelin.com/au/en

facebook.com/MichelinGuide 

instagram.com/michelinguide

youtube.com/MICHELINGuide

SAN JOSE, Calif., Oct. 14, 2026 /PRNewswire/ — PEGATRON, a globally recognized provider of comprehensive AI infrastructure and server solutions, will showcase its capabilities in developing and manufacturing next-generation AI infrastructure at OCP Global Summit 2026. Under the theme “Scaling Innovation for the AI Era,” Pegatron will demonstrate how advanced AI platforms can be transformed into production-ready systems, racks, and clusters for rapid deployment in data centers.

As AI infrastructure scales from individual servers to large-scale clusters, successful deployment requires more than compute performance. It requires system-level engineering, liquid cooling, power architecture, open standards, manufacturing readiness, and rigorous validation. Pegatron brings these capabilities together through OCP-aligned architectures, including ORv3 busbar, DC-MHS, and OCP 3.0 network adapters, enabling modular and scalable infrastructure for modern data centers. Its OCP-compliant platforms span AI rack solutions, accelerated computing, compute, and storage infrastructure.

At the center of the showcase is the NVIDIA Vera Rubin NVL72, Pegatron’s RA4803-72N3, a rack-scale AI platform integrating 72 NVIDIA Rubin GPUs, 36 NVIDIA Vera CPUs, 6th generation NVIDIA NVLink, and fully liquid-cooled rack-level integration. The platform highlights Pegatron’s ability to engineer and manufacture complex rack-scale AI solutions and migrate from design to cluster deployment.

Extending beyond accelerated computing, Pegatron will showcase a NVIDIA Vera CPU liquid-cooled system and NVIDIA Groq 3 LPX, addressing the evolving infrastructure requirements of agentic AI. NVIDIA Vera, the CPU for agents, is optimized to execute tool calls, sandboxed code, and reinforcement-learning loops between model steps. Deployed at rack scale, NVIDIA Vera CPU provides dense capacity to run alongside GPU infrastructure, supporting efficient execution, orchestration, and data processing workloads in AI factories. NVIDIA Groq 3 LPX further extends the NVIDIA Vera Rubin platform for highly interactive, latency-sensitive inference.

Pegatron will also feature the AS210-2T1-8H3, a 2U fully liquid-cooled NVIDIA HGX Rubin NVL8 system combining dual Intel® Xeon® 6 processors, AMD EPYC™ 9006 processors, or NVIDIA Vera CPUs with an eight NVIDIA Rubin GPU baseboard. The platform demonstrates high-density system engineering, fully liquid-cooled architecture, and rack-level integration. Its rack-scale configurations include the RA4800-64H3, supporting eight systems and up to 64 GPUs, and the RA4800-72H3, supporting nine systems and up to 72 GPUs in a 48U liquid-cooled rack.

The portfolio also includes AI-ready compute and storage infrastructure powered by AMD EPYC™ 9006 Series processors. Pegatron will showcase the SS201-1A1, a 2U single-socket storage server supporting up to 32 E3.S NVMe SSDs for high-throughput AI data pipelines, alongside the GS203-2A2 and GS205-2A2E 2U dual-socket platforms for enterprise, cloud, HPC, and data-intensive workloads. With up to 256 cores and 512 threads, high memory bandwidth, and PCIe® Gen 6 connectivity, AMD EPYC 9006 processors provide a high-density compute foundation across compute and storage applications. These platforms incorporate OCP 3.0, DC-MHS, and flexible power architectures, including 48VDC busbar configurations for OCP racks.

From digital engineering to factory deployment, Pegatron is extending its AI infrastructure capabilities through NVIDIA DSX AI factory platform-aligned workflows. At its facilities, digital-twin simulation and optimization are connected with physical manufacturing, automated production, thermal validation, and system to rack level run-in testing, helping translate engineering insights into production-ready AI infrastructure.

“A key measure of AI infrastructure is how efficiently it can move from engineering to deployment,” said Gary Cheng, President and Co-CEO of Pegatron. “Pegatron combines deep system design expertise with vertically integrated manufacturing, OCP-aligned architecture, and rack-level validation before deployment to rapidly build and deploy AI servers, clusters, and data center infrastructure at scale. By connecting digital-twin simulation, thermal validation, automated manufacturing, and rack-level testing, we help customers move faster from AI infrastructure design to production deployment.”

Through its integrated capabilities, Pegatron is enabling AI infrastructure to move beyond individual systems toward production-ready AI clusters and data centers—bringing advanced AI infrastructure from concept and simulation to validated, scalable deployment.

For more information, please visit PEGATRON SVR website and follow us on LinkedIn and YouTube.
Website: https://svr.pegatroncorp.com  
LinkedIn: https://tw.linkedin.com/showcase/pegatron-svr/
YouTube: https://www.youtube.com/@PEGATRONSVR 

About PEGATRON

PEGATRON Corporation (hereafter referred to as “PEGATRON”), with abundant product development experience and vertically integrated manufacturing, is committed to providing clients with innovative design, systematic production, and manufacturing services to comprehensively and efficiently satisfy all our customers’ needs.

Drawing on accumulated experience in server design, manufacturing, and deployment, Pegatron focuses on developing a variety of state-of-the-art servers including liquid-cooled/air-cooled server solutions based on x86 and ARM architectures, racks, and AI clusters, that meet the requirements of present and future Cloud Service Providers’ data centers, as well as enterprise-grade data centers.

Pegatron Corporation Website: https://www.pegatroncorp.com/  

The combination brings together deep expertise in liquid cooling, mechanical and electrical (M&E) engineering, ODM manufacturing, connectivity and facilities management (FM), giving data centre operators worldwide a single partner from design through to operation.

LONDON, Oct. 14, 2026 /PRNewswire/ — 3C, the liquid-cooling-led data centre infrastructure services company founded by former CoolIT Systems CEO Steve Walton, has merged with Datalec Precision Installations, the London-based data centre engineering specialist founded in 2012, to create 3C Datalec, a global platform that designs, builds and operates critical infrastructure for AI data centres.

Backed by new investment from Longbow Capital, S2G Investments, Apogem Capital and QIC, 3C Datalec will accelerate its international growth, invest in specialist talent and expand its technical capabilities as AI demand grows. Over the next 12 months, the company will hire 200 engineers and open new facilities in Warsaw, Poland; Calgary, Alberta; and Austin, Texas.

The combined business has approximately 1,000 team members and forecasts 2026 revenue to be over US$400 million, with offices and manufacturing facilities across Europe, the Middle East, Asia-Pacific and North America. It works with four of the five largest hyperscalers and over 25 colocation providers, alongside neoclouds and enterprise customers, with active projects in 16 countries totalling hundreds of megawatts (MW).

As AI workloads drive up compute density, power requirements and thermal complexity, 3C Datalec organises its capabilities into three pillars:

Create – design and engineering
Construct – liquid cooling, M&E, ODM manufacturing and connectivity installation
Care – commissioning, operations, maintenance and facilities management

“Rack densities have outgrown air, and liquid cooling is no longer optional,” said Steve Walton, CEO of 3C Datalec. “At CoolIT, we spent years preparing for this moment and became a global leader in liquid cooling. The hard part now is making cooling, power, construction and operations work as one system, while running at scale. We’re combining our liquid cooling expertise with Datalec’s engineering, manufacturing and FM capabilities, so customers have one partner from design to operation.”

The industry is running short of skilled data centre engineers, so 3C Datalec is training its own. Team members have access to apprenticeships, technical training and career development programs through the company’s internal university, and will share in its success through the Leadership & Employee Equity Program (LEEP). The goal: build the next generation of liquid cooling and critical infrastructure specialists.

“Datalec has always been a people-first business. We’ve grown by building strong relationships, delivering for our customers and creating a culture that people want to be part of,” said Danny Keeper, Group Director & Co-Founder of Datalec. “Finding a partner in 3C that genuinely shares those values was extremely important to us. This partnership allows us to grow globally while protecting the culture and identity that have been at the heart of Datalec since day one.”

“Our customers have trusted Datalec with their most critical sites for more than a decade, and we earn that trust on every project,” added Stuart Richmond, Group Director & Co-Founder of Datalec. “Joining 3C means we can now offer liquid cooling at global scale, but our commitment doesn’t change: the same teams, the same contacts and the same focus on getting it right for every customer.”

“AI is rewriting the requirements for data centre infrastructure and liquid cooling sits at the centre of that shift,” said Matthew Cunning, Director at Longbow Capital. “Steve helped build a category leader in liquid cooling and Datalec brings a proven delivery business with a loyal customer base. We’re backing 3C Datalec to become the partner of choice for AI-ready infrastructure.”

“The next phase of data centre investment will be shaped by both new development and the need to upgrade existing facilities for higher-density workloads,” said Bala Nagarajan, Managing Director at S2G Investments. “Datalec has built deep trust delivering complex projects in that environment, and 3C brings the experience and capabilities to extend those relationships into a broader set of services across the life of a facility.”

Datalec’s headquarters will remain in London, and its founding leadership team will continue in their executive roles within the enlarged group. Financial terms were not disclosed.

About 3C Datalec

3C Datalec designs, builds and operates critical infrastructure for AI and high-density data centres. Formed in 2026 through the combination of 3C, founded by former CoolIT Systems CEO Steve Walton, and Datalec Precision Installations, founded in London in 2012, the company brings liquid cooling, M&E engineering, ODM manufacturing, connectivity and facilities management together, built around Create • Construct • Care. With approximately 1,000 team members and active projects in 16 countries, 3C Datalec serves hyperscalers, colocation providers, neoclouds and enterprises across Europe, the Middle East, Asia-Pacific and North America. 3C Datalec is backed by Longbow Capital, S2G Investments, Apogem Capital, and QIC. For more information, visit www.datalecltd.com.

About S2G Investments

S2G Investments is a multi-asset investment firm focused on scaling durable, market-defining businesses across food & agriculture, energy, and oceans. We provide capital and value-added resources to companies commercializing solutions designed to improve efficiency, resilience, and long-term value across industries powering the global economy. Through fit-for-purpose financing and a systems-focused investment approach, S2G is committed to driving measurable, sustained outcomes with tailored solutions that span late-stage venture, growth equity, structured finance, and infrastructure. For more information about S2G, visit s2ginvestments.com or connect with us on LinkedIn.

About Longbow Capital

Longbow Capital is a Canadian investment manager focused on investing in energy, power, industrials, and technology. Since its founding in 1997, Longbow has been a long-term strategic partner and an engaged and effective shareholder in over 150 high-growth investments. Longbow’s investment track record, extensive relationship network, and deep understanding of how our energy system works enable us to source, evaluate, and invest in opportunities arising from some of the most significant societal and economic shifts underway today – decarbonization, digital infrastructure buildout, and deglobalization – where technology-driven change is reshaping markets and creating compelling investment opportunities.

About Apogem Capital

Apogem Capital is a leading private markets investor with 35 years of expertise across private credit and private equity in North America. As of June 30, 2026, the firm manages approximately $44 billion in assets.¹ Apogem provides a comprehensive suite of solutions, including direct lending, private equity funds and co-investments, GP-led transactions and LP secondaries, GP stakes, and private real assets.

With a team of over 250 professionals, including more than 120 investment professionals, Apogem combines deep domain expertise with the stability and long-term perspective of its parent company, New York Life Insurance Company. Apogem Capital is a wholly owned subsidiary of New York Life through New York Life Investment Management Holdings, LLC. For more information, visit apogemcapital.com.

¹ AUM is estimated and unaudited as of June 30, 2026, and includes non-discretionary and co-advised assets.