Introducing distributed inference systems on AMD with high efficiency, and unveiling collaborations with Tenstorrent and SGLang

SEOUL, South Korea and SANTA CLARA, Calif., Sept. 11, 2025 /PRNewswire/ — Moreh, an AI infrastructure software company, unveiled its distributed inference system on AMD and showcased the progress of its collaborations with Tenstorrent and SGLang at the AI Infra Summit 2025 in Santa Clara, held September 9–11.

The AI Infra Summit is the world’s largest and most established AI conference dedicated to the infrastructure layer of AI & Machine Learning. Originating as the AI Hardware Summit back in 2018, the summit has evolved from a semiconductor-focused conference into a full-stack AI infrastructure event.

The 2025 summit attracted 3,500 attendees and over 100 partners, with content designed for hardware providers, hyperscalers, and all enterprise IT and AI infrastructure specialists building fast, efficient, and affordable AI.

At the Enterprise AI session on September 10, Moreh CEO Gangwon Jo introduced the company’s distributed inference system and presented benchmark results demonstrating that it optimized the latest deep learning models, such as DeepSeek, more efficiently than NVIDIA. He also unveiled a next-generation AI semiconductor system combining Moreh’s software with Tenstorrent’s hardware, offering a range of cost-competitive alternatives to NVIDIA.

During the summit, Moreh co-hosted a presentation with SGLang, a leader in the deep learning inference software ecosystem, and organized a booth and networking sessions together. This serves as an opportunity to further strengthen collaboration with the global AI ecosystem, particularly in the North American market. Furthermore, Moreh plans to jointly develop an AMD-based distributed inference system with SGLang to accelerate its expansion of the rapidly growing deep learning inference market.

Moreh CEO Gangwon Jo stated, “Moreh possesses the strongest technical capabilities among AMD’s global software partners and is currently conducting proof-of-concept (PoC) projects with several leading LLM companies,” and added, “Through close collaboration with AMD, Tenstorrent, and SGLang, we aim to establish ourselves as a global company providing customers with diverse AI computing alternatives.”

Moreh is developing its own core AI infrastructure engine and, through its foundation LLM subsidiary Motif Technologies, is securing comprehensive technological capabilities that span the model domain. Simultaneously, the company is making its mark in the global market through collaborations with key partners such as AMD, Tenstorrent, and SGLang.

New virtual card solution replaces manual processes with faster, safer payments, real-time visibility and automated reconciliation, all within Oracle Fusion Cloud ERP

SYDNEY, Sept. 11, 2025 /PRNewswire/ — Mastercard has announced the local launch of a new embedded virtual card payment capability, with Westpac becoming the first commercial issuer in Australia to activate the solution for clients using Oracle Fusion Cloud Enterprise Resource Planning (ERP).

The integration leverages Mastercard’s innovative virtual card solution and Oracle’s B2B technology platform to deliver a seamless, secure, and fully embedded virtual card experience. By embedding virtual cards directly into the Oracle Cloud ERP, businesses gain real-time visibility, enhanced control, improved working capital management, and streamlined supplier onboarding, all within their system of record.

“Manual commercial payments are the silent drag on growth, slowing operations, increasing exposure, and tying up capital that should be fuelling innovation,” said Anouska Ladds, Executive Vice President, Commercial and New Payment Flows, Asia Pacific at Mastercard. “By embedding our virtual card technology into enterprise workflows like the Oracle Cloud ERP, we are removing long-standing friction and empowering organizations and businesses across Asia Pacific to operate at the scale and speed of today’s economy.”

“Helping our customers transition to real-time payments is important to ensure they have the competitive edge in the ever-increasing digitised economy. We’re pleased to be providing a simpler way to manage payments, and one that is already built into the systems businesses use every day. We are proud to be the first in Australia offering this virtual card solution that is helping our corporate and government clients manage payments more efficiently.” said Jeff Byrne, Managing Director, Global Transaction Services, Westpac Group.

“Consumers have long enjoyed fast, frictionless transactions, but the business-to-business world has lagged behind with outdated, cumbersome processes,” said Catherine You, Group Vice President at Oracle. “Through this collaboration, we’re reimagining how businesses transact by empowering mutual customers to streamline cash management, tap into credit, and arrange financing all from one unified platform within Oracle Cloud ERP.”

The solution helps businesses move from manual, fragmented processes to a unified payment flow that centralises financial management. Automated reconciliation reduces human error and frees finance teams to focus on higher-value work, while detailed remittance data improves transparency and simplifies the payment lifecycle for both customers and vendors.

Unlike traditional implementations that require custom integration work, this solution is embedded in the customer’s existing Oracle Cloud ERP subscription, eliminating the need for additional setup or technical resources.

The launch builds on Mastercard’s global partnership with Oracle and its commitment to modernising commercial payments.

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

www.mastercard.com

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

Trademarks

Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

– Key Technology Driving High-Efficiency and Miniaturization for AI Data Centers, Robotics, and Other Applications
– Dedicated GaN MPW Set for End of October
– Extending BCD Expertise to Compound Semiconductors Including GaN and SiC

SEOUL, South Korea, Sept. 11, 2025 /PRNewswire/ — DB HiTek, a leading 8-inch specialty foundry, today announced it is in the final stages of development of its 650V E-Mode GaN HEMT (Gallium Nitride High-Electron Mobility Transistor) process, a next-generation power semiconductor platform. The company is also to offer a dedicated GaN MPW (multi-project wafer) program at the end of October.

Compared with traditional silicon-based power devices, GaN-based semiconductors deliver superior performance under high-voltage, high-frequency, and high-temperature operating conditions, offering exceptional power efficiency. In particular, 650V E-Mode GaN HEMT stands out for its high-speed switching performance and robust operational stability, making it well-suited for EV charging infrastructure, power conversion systems in hyperscale data centers, and advanced 5G network equipment.

In 2022, when the compound semiconductor market was still in its infancy, DB HiTek identified GaN and SiC as key growth drivers and has since invested significantly in process development. A DB HiTek spokesperson commented, “DB HiTek is already recognized worldwide for its leadership in silicon-based power semiconductor technologies, including the development of the industry’s first 0.18µm BCDMOS process. By adding GaN process capabilities, we are expecting to enhance the company’s competitiveness with a broad technology portfolio.”

Following completion of the 650V GaN HEMT process, DB HiTek plans to roll out a 200V GaN process and a 650V GaN process optimized for IC (Integrated Circuit) integration by the end of 2026. Looking ahead, the company aims to expand its GaN platform across a wider voltage spectrum, aligned with market needs and customer requirements.

To support these initiatives, DB HiTek is expanding the cleanroom facilities of Fab2, located at Chungcheongbuk-do, South Korea. The expansion is expected to add capacity for approximately 35,000 8-inch wafers per month, supporting production of GaN, BCDMOS, and SiC processes. Upon completion, DB HiTek’s total monthly wafer capacity will increase by 23%, from 154,000 to 190,000 wafers.

Meanwhile, DB HiTek will participate in ICSCRM(The International Conference on Silicon Carbide and Related Materials) 2025, scheduled for September 15–18 at BEXCO in Busan. At this global industry forum, DB HiTek will highlight progress in SiC process development alongside its GaN and BCDMOS technologies, engaging directly with customers and industry leaders.

KUALA LUMPUR, Malaysia, Sept. 11, 2025 /PRNewswire/ — tKash proudly celebrates its 2nd anniversary, marking two years of growth, innovation, and the unwavering trust of its users. Since its launch in 2023, the app has been on a mission to make financial transactions faster, safer, and more convenient for both Malaysians and foreign residents.

Over the past two years, tKash has grown into a trusted financial companion for thousands of people. It is relied upon by foreign residents in Malaysia who use the app to send money back to their families, as well as by individuals transferring funds across borders to countries such as Thailand, where recipients can receive money directly into local bank accounts. By providing competitive exchange rates with no hidden fees, tKash has made international money management simpler, more transparent, and more reliable than ever before.

“This 2-year journey is only the beginning. We are truly grateful to our loyal users who have supported us since day one, and we remain committed to continuously improving and innovating to bring even greater value in the years ahead,” said a representative of tKash. “The feedback from our users has shaped our features, their trust has driven our growth, and their stories remind us every day why tKash exists. This milestone is not only a celebration of innovation, but also a celebration of the community that makes it all possible.”

Users have consistently praised tKash for its convenience, transparency, and ease of use. With the ability to check live exchange rates at any time, the app empowers users with clarity and control over their transactions, helping them make informed decisions when sending money abroad. Many also highlight the strength of its security system, emphasizing that tKash provides peace of mind and reliability with every transfer.

As part of its anniversary celebrations, tKash has launched a 2-Year Anniversary Lucky Draw Campaign. All users who make transactions during the campaign period will be automatically entered for a chance to receive special rewards. This initiative serves as a small gesture of appreciation from tKash to thank its growing community for two years of trust and support.

Two years have passed, but for tKash, this is just the beginning. With ongoing innovation and a strong commitment to users, tKash aims to bring even more value worldwide. Learn more at tKash.co.

SINGAPORE, Sept. 11, 2025 /PRNewswire/ — Swiss-based MET Group, 90% owned by its employees and with the remaining 10% held by Keppel Infrastructure, a wholly owned subsidiary of Keppel Corporation listed on the Singapore Exchange, announces the appointment of Huibert Vigeveno as the new Group Chief Executive Officer (GCEO), effective January 1, 2026. Controlling shareholder and current GCEO Benjamin Lakatos will continue to serve as Executive Chairman of the Board, remaining actively involved in guiding the company’s vision and growth.

MET Group’s tremendous growth over the past years enables the company to make a significant change in its leadership with the aim to further boost business performance, rapidly extend its customer base and accelerate expansion plans.

MET Group is delighted to announce that Huibert Vigeveno, a top-tier energy industry leader, joins the company as GCEO after a distinguished 30-year career with energy major Shell.

Huibert brings extensive experience in leading large, complex and global organisations. Most recently, serving as a member of Shell’s global Executive Committee and as the group’s Director of Downstream, Renewables and Energy Solutions, where he drove a customer value proposition across a range of businesses and geographies and led an organisation of over 30,000 people. Previously, he served as the Executive Chairman of Shell in China and successfully led the integration of Shell’s USD53 billion acquisition of the BG Group, subsequently becoming its transition CEO. Huibert also recently joined the Board of KBR, a global technology and engineering solutions company listed on the New York Stock Exchange, as a non-executive director.

Benjamin Lakatos, controlling shareholder and current Group Chief Executive Officer of MET Group, will assume the position of Executive Chairman of the Holding Board of Directors, maintaining his majority shareholding, and will focus on driving long-term vision and growth.

“Huibert’s exceptional leadership skills, strategic vision, and operational expertise will drive MET’s future aspirations to new heights,” said Benjamin Lakatos. “I am confident that his appointment will enhance MET’s global position while staying true to our roots as an independent, entrepreneurial company.”

MET Group has also finalised the Heads of Agreement with Keppel Ltd.’s Infrastructure Division, together with a licensed LNG importer, for the long-term LNG cargo deliveries of 0.5mtpa. This deepens the partnership between MET and Keppel, who has 10% shareholding in MET. To be supplied from MET’s solid European import portfolio of LNG, this partnership will enhance the security of supply in Singapore.

MET has been active in spot and mid-term deliveries in the Pacific basin, with this HOA being the first long-term contract for MET in the Pacific. The deal secures the coverage of the expected increase in Keppel’s gas demand over the next years, whilst fitting with MET Group’s strategy of expanding its global LNG footprint. 

The agreement further strengthens the partnership and synergies between Keppel and MET, aiming to expand and capture gas value chain opportunities in Singapore – and exploring opportunities beyond Singapore, benefiting from the rise of energy and power demand in Asia. LNG is a key element in ensuring supply security of energy markets, and MET Group is committed to growing LNG deliveries. In recent years, MET has built one of the most geographically diverse LNG import structures in Europe, with long-term regasification capacity bookings in Germany, Croatia and Spain. The company has imported LNG cargoes to several countries across the Mediterranean (Greece, Italy, Croatia, Spain), Northwest Europe (UK, Belgium, the Netherlands, Germany) and the Nordic region (Finland). 

In 2024, MET entered into a 10-year LNG agreement with Shell to purchase US LNG with the intent to continue growing its long-term LNG portfolio. Also, MET ordered its first LNG carrier, for delivery in 2027, after reaching a partnership agreement with Danish shipowner Celsius Group. 

The LNG supply is conditional upon the signing of LNG Sales & Purchase Agreement and fulfilment of conditions precedent including regulatory approval.

MET Group

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 20 countries through subsidiaries, 32 national gas markets, and 44 international trading hubs. The company’s 1,350 employees represent close to 60 nationalities. MET has extensive experience operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2024, MET Group’s consolidated sales revenue amounted to EUR 17.9 billion, with a total traded volume of natural gas amounting to 140 BCM and total traded electricity of 76 TWh.

Keppel 

Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.

Contact

Tobias Kistner
Group Communications Director
MET Group
tobias.kistner@met.com
+41 79 470 59 86

Diana Estella Peter
Senior Public Relations Executive
Rothman & Roman
diana.estella@rothmanasia.com
+65 8498 9424

Closing out TOKEN2049, the world’s largest Web3 conference, AFTER 2049, will be hosted on the iconic Marina Bay Sands SkyPark Observation Deck, delivering a night of sensory indulgence and high-calibre entertainment.

SINGAPORE, Sept. 11, 2025 /PRNewswire/ — TOKEN2049, the world’s largest Web3 and crypto conference, announced a star-studded DJ line-up for AFTER 2049, the official closing event of this year’s highly anticipated Singapore edition. Globally sought-after DJ duo Mind Against headlines the event, alongside rising European festival powerhouses Ajna & Samm known for their iconic back-to-back (B2B) sets. Taking place on 3 October 2025 at the Marina Bay Sands SkyPark Observation Deck, the night will also feature returning acts ANONM and Hong Kong’s Leon (FR), along with Milam and Mo-Shi.

Open exclusively for AFTER 2049 each year, this Grand Prix weekend fixture returns on the 57th floor with exhilarating views of the Formula 1 night session. Powered by Polygon Live’s immersive spatial audio – the only rooftop party in the world with a hemispherical 360°  setup – it’s an experience like no other. Limited-capacity tickets are available now, exclusively via Megatix.

“AFTER 2049 returns to the Marina Bay Sands rooftop for Grand Prix weekend – and this year we’re turning it up another level,” says AFTER 2049 founder Raphael Strauch. “We’ve built the world’s only rooftop party with a spatial sound system and stacked it with a huge lineup. Mix that with Singapore’s skyline and the Grand Prix atmosphere –- there’s nothing else that even comes close.”

Headliner Mind Against brings an emotionally rich musical palette evident by their versatility and club-forward sounds shaped by their HABITAT imprint, as well as influential labels like Afterlife and Hotflush. Their signature sound marked by melodic synths, gritty percussion, driving basslines, and powerful drums, crafts immersive journeys that have become a staple on dancefloors across the globe.

Anja & Samm have become a dynamic duo in the electronic music scene, known for their high energy B2B sets and distinctive, forward-thinking productions. Their unique blend of Afro house, melodic grooves, and raw club energy has earned them widespread recognition with tracks and remixes being supported by heavyweights &ME, Rampa, and ANOTR, who have featured their music in sets across iconic venues and global festivals – solidifying Anja & Samm’s place among the next wave of forward-pushing electronic artists.

Polygon Live returns to deploy its 360° stage and spatial audio system that moves individual elements of the music around, above, and through the crowd, placing attendees “inside the mix” in a way stereo cannot. This will be the only Polygon Live production in Asia for 2025.

“It has been a dream collaborating with AFTER2049. Our teams have always shared a passion for using the latest technology and innovation to create extraordinary experiences. We’re delighted to be returning to Singapore, where our cutting-edge system will make for an exquisite and unforgettable night above the city lights,” commented Nico Elliott, Polygon CEO.

Widely acknowledged as one of the Grand Prix weekend’s landmark events, AFTER 2049 again pairs industry networking with a tightly curated lineup and an elevated guest experience. Door gifts by IM8 will grace guests as they enter the nightlife spectacle.  AFTER 2049  is the official closing event of TOKEN2049 Singapore, following two conference days happening 1-2 October.

AFTER 2049 partners include:

• 1inch
• A7A5
• ADI
• AID
• C Squared Ventures
• CFX
• ChangeNOW
• CoinUp
• Core
• JuCoin
• Mawari
• Mega Matrix
• MetaComp
• Midnight
• Paribu
• Web3 Salon | Invest in Japan
• XchangeOn
• Yellow

To purchase tickets, please visit: megatix.com.sg/events/after-2049  

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About TOKEN2049

TOKEN2049 is a global Web3 event series, organised semi-annually in Singapore and Dubai, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is the preeminent meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and blockchain industry. 

PR Newswire is a Community Partner of TOKEN2049.