Prysm, a16z, Amex Ventures, Coatue, YC in Round; Joins Google’s AI Futures Fund
Announces New Autonomous Agent for Enterprises

FOSTER CITY, Calif., Sept. 10, 2025 /PRNewswire/ — Replit, the fastest-growing agentic AI software creation platform, today announced a $250 million round, valuing the company at $3 billion, an almost 3x valuation increase since its last raise in 2023. The funding comes on the heels of Replit growing annualized revenue from $2.8 million to $150 million in less than a year, a more than 50x increase, driven by a global community of more than 40 million users. Prysm Capital leads the round which includes Amex Ventures and Google’s AI Futures Fund as strategic investors. YC, Craft, a16z, Coatue, Paul Graham, and others are deepening their investments.

Creators across various industries use Replit to build apps, including teams at Zillow, Duolingo, and Coinbase, among others. Building on this customer momentum, Replit launched Agent 3 today, its most autonomous agent to date. These advances mark a shift from a helpful assistant agent to a true collaborator. Agent 3 is ten times more autonomous than previous versions, with the ability to test and fix code, and to build custom agents and workflows that can automate complex or repetitive tasks for any type of work, not just software engineering.

“We were the first to make vibe-coding a reality for individuals with no prior coding experience across the world,” said Amjad Masad, CEO and founder of Replit.  “With the raise and our new AI Agent, we are positioned to supercharge customer traction to become the standard for enterprises. The future is exciting with millions — if not billions — of people bringing their ideas to life with a few clicks.”

“Replit’s vision — to empower everyone to build — strongly resonated with us. The traction with individuals, teams and enterprises has positioned Replit to be the leading agentic AI platform building custom software, agents and workflows” said Jay Park, managing partner and co-founder of Prysm Capital, “We are thrilled to support the Replit team in the next phase of their journey.”

In addition to the new investment, Replit announced that its products are now available to global customers through the Google Cloud Marketplace. 

“Replit is demonstrating what is possible with AI agents,” said Jonathan Silber, director of the AI Futures Fund at Google. “We look forward to working with them to build agents using Gemini that will power the enterprise and continue bringing the benefits of Gemini to software developers.”

The new funds will be used for scaling operations, accelerated product development, and global expansion as Replit builds out a new way to work in the era of AI.

“We invested in Replit because we believe its vibe-coding solutions have the power to transform how businesses build — by empowering non-technical employees with the tools to bring software products to life,” said Kevin Weber, vice president, Amex Ventures. “We’re excited to see how Replit’s technology can accelerate product development for enterprises of all sizes and fuel the company’s growth.”

Replit was started with the vision that anyone can create software. By breaking down the barriers between an idea and a finished product, Replit empowers individuals, teams, and enterprises to innovate faster and take on greater scope. 

Agent 3 is a breakthrough in autonomous software development.

• Agent 3 is a breakthrough in autonomous software development, where it can bring ideas to life with minimal user interaction.
• Agent 3 is the first agent on the market that can work like a true teammate. Agent 1 could only work for 2 minutes, while Agent 2 worked for up to 20 minutes, and now Agent 3 can work for up to 200 minutes, tackling human-level tasks.
• Agent 3 can test and fix its code, constantly improving a user’s application behind the scenes. Replit’s proprietary testing system is up to 3x faster and 10x cheaper compared to computer-use models.
• Agent 3 feels like a real developer, where it will periodically decide to test itself. Users will be able to see the agent’s browser as it clicks around the app, checking buttons, forms, APIs, data sources etc — confirming every part of an app works as intended.

Try out Replit Agent 3 here.

About Replit

Replit is the agentic software creation platform that enables anyone to build applications using natural language. With millions of users worldwide and over 500,000 professional users, Replit is democratizing software development by removing traditional barriers to application creation. The company is headquartered in San Francisco.

Contact:
Press@replit.com

One Grand Prize winner and ten winning finalists selected from nearly 25,000 applicants after the in-person pitch competition in Las Vegas

LAS VEGAS, Sept. 10, 2025 /PRNewswire/ — Alibaba.com, a leading business-to-business (B2B) e-commerce platform, announced the winners of the U.S. portion of CoCreate Pitch, the world’s largest product-focused pitch competition, held at its CoCreate 2025 event in Las Vegas.

The competition fielded nearly 25,000 global applicants to compete for a share of the $1 million prize fund. As the U.S. edition wrapped up on September 5, one winner received the $200,000 grand prize, while ten finalists were each awarded $40,000. Prizes are distributed as 50% cash and 50% Alibaba.com sourcing credits.

This year’s U.S. grand prize winner is Christian Reed of REEKON Tools Inc. The company makes digital measuring tools paired with powerful software for capturing data from home improvement projects and construction sites and organizing it automatically. Their device eliminates the need to write down measurements or draw diagrams by automatically generating highly accurate dimensions and shapes with the single press of a button.

In addition to the grand prize winner, of the 20 entrepreneurs who advanced to compete in the final on September 5, the top 10 who walked away with prizes (listed in alphabetical order by company name) include:

• Logan Cuvo of Best Dam Tape – A premium sports tape engineered for maximum durability and grip, keeping athletes and teams performing at their best with fewer re-tapes and lower material costs.
• Kate Harvey of BirdieBlue – Turns retired ski and snowboard gear into stylish, water-resistant lifestyle bags—saving 8,000+ pieces of technical apparel from landfills since 2022.
• Katherine Calderon of Club Girl Golf – The Monarch Putter is a premium blade-style golf club engineered specifically for women, featuring a patented adjustable weighting system and a free online fitting tool, Caddie.
• Jimmy Zollo and Taylor Thoen of Joe & Bella – Creates stylish, easy-dressing clothing with concealed magnetic closures for people with mobility or cognitive challenges — without sacrificing style.
• Sara Chen of Pangoo Apparel – Outdoor apparel that celebrates curves and underrepresented stories in the outdoors.
• Addie Gundry of Pluie, Inc. – Has reimagined the diaper changing experience for parents and caregivers on the go with Pluie, the world’s first and only self-sanitizing diaper changing table for public restrooms, and Pluie Pret Changing Mat.
• Karen Bonnici of Super Blanky, LLC – A spinoff of the Super Blanky, Super Towel is a patented wearable beach towel with flat pocket sleeves that stay securely in place, offering absorbency and hands-free comfort for active families.
• JJ Richardson and Susanna Chan Richardson of SWIFF – A spray product designed to effectively eliminate and prevent odors and germs, providing long-lasting freshness and protection for apparel, upholstery, and household items.
• Jess Wu and Susana Chen of Never Have I Ever Shop – An instant beauty brand turning art and culture into ready-to-wear glam accessories—press-on nails, face/body adorns, tooth gems—powered by creators for self-expression and collectability.
• Brittany Harvey of Vonu – The Burplee is a patented infant lounger designed to relieve gas, reflux, and fussiness while promoting safe, supported tummy time and upper body development.

“This year’s CoCreate Pitch competition offered a clear window into the state of entrepreneurship today,” said Liz Wang, Global Head of Commercial Strategy at Alibaba.com. “We congratulate not only the grand prize winner and top 10 finalists, but also all the semi-finalists who pitched live in Las Vegas, standing out from 25,000 applications. The entrepreneurial spirit and resilience of small business shown by every participant embody the values Alibaba.com has always championed. We regard every contestant as a valuable part of our community, and with the support of our AI capabilities, supply chain resources, and entrepreneur network, we will continue to empower and follow the growth of each CoCreate Pitch participant. The conclusion of CoCreate Pitch U.S. marks just the beginning of our future collaborations with these entrepreneurs, and we also look forward to CoCreate Pitch European edition in London this autumn.”

The CoCreate Pitch European final will take place on November 14 in London, for a shot at the remaining $400,000 in prizes. Applications close October 15. As with the U.S. competition, entrepreneurs can apply by submitting a 30-second video on Instagram or TikTok with the hashtag #CoCreatePitch and tagging @Alibaba.com_official, or by applying directly at pitch.alibabacocreate.com.

More information about CoCreate Europe is available at https://www.alibabacocreate.com/uk.

In addition to the grand prize winner and 10 winning finalists, the following entrepreneurs rose above 25,000 applicants to be selected as semi-finalists—recognized for their innovation, courage, and resilience. Earning the honor of pitching live at CoCreate Pitch 2025 in Las Vegas, their names and businesses stand as an extraordinary testament to the entrepreneurial spirit (all semi-finalist names are based on the original application forms we received, listed in alphabetical order by company name; an asterisk indicates those who advanced to the final):

About Alibaba.com

Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

LEGAL DISCLAIMER

ALIBABA.COM DOES NOT ENDORSE, RECOMMEND, OR REPRESENT THE PRODUCTS, SERVICES, OR ACTIVITIES OF ANY COMPETITORS, PARTICIPANTS, OR THIRD PARTIES ASSOCIATED WITH THIS EVENT. THE SELECTION OF WINNERS AND FINALISTS IS SOLELY BASED ON ON-SITE PERFORMANCE AND IS NOT INFLUENCED BY ANY EXTERNAL FACTORS, AFFILIATIONS, OR BIASES. IF ANY CONTENT OR ACTIVITY IS SUSPECTED OF INFRINGING INTELLECTUAL PROPERTY RIGHTS OR OTHER LEGAL PROTECTIONS, PLEASE SUBMIT YOUR CONCERNS VIA COCREATE@SERVICE.ALIBABA.COM.

Launching a Comprehensive Womenswear Industrial Chain Solution for the European Market

HANGZHOU, China, Sept. 10, 2025 /PRNewswire/ — During the Milano Fashion Week SS 2026, Yifa Commercial Group will present a range of original womenswear brands at the WHITE MILANO (September 25-28, 2025, Superstudio Più | YIFA Via Tortona, 27 – Milano). Positioning itself as an global industry resource connector, Yifa will demonstrate its integrated strengths in high-end original design and responsive supply chain management, offering European buyers and brands a renewed partnership experience.

China’s textile and fashion industry is entering a new phase characterized by agility, higher value, and design-driven innovation. Since its founding in Hangzhou in 2002, Yifa has remained committed to a strategy of original design and original manufacturing, building an end-to-end ecosystem that spans design, production, and global distribution. Through Yifa Exhibition, the group will introduce to the European market a selection of partners that demonstrate creative vitality, reliable quality, and strong commercial potential.

In response to the European market’s increasing demand for flexible, reliable, and design-driven supply chains, Yifa offers a comprehensive solution with the following advantages:

1. Full product range covering varied style preferences and occasion-based needs;
2. Professional in-house design teams supporting each brand, ensuring smooth translation of creative vision into accurate samples and finished collections;
3. A flexible supply chain designed to support Europe’s small-volume, multi-batch procurement model, reducing lead times and minimizing inventory risk;
4. Direct access to manufacturing sources, ensures efficient communication, cost control, and stable transparent cooperation;
5. Adoption of low-carbon production practices and full compliance with international social accountability certifications, mitigating compliance risks for European partners.

At the Yifa SHOWROOM, visitors will discover a group of highly-qualified suppliers with proven experience serving leading Chinese womenswear brands and deep industry expertise

• MAIKU: An award-winning urban commuter brand offering full categories.
• HAOQIJIA: Interpreting elegant urban aesthetics.
• ISPRIN: Specializing in minimalist commuter wear.
• 9roove: Embrace inner strength and confidently showcase feminine charm.
• KIPMIC STYLE: Outlining the multifaceted modern woman.
• CENEECHO: Crafting classics with natural fabrics，Advocate for a genuine way of life.
• VAXXLON: Interpreting the aesthetics of simplicity and relaxation

The presentation also features niche designer labels including:

• CIRCLE HUES: Blending Eastern elements with structural innovation.
• Must Bloom, presenting wearable art rooted in nature.

And down jacket specialists:

• B’QN’YREN: A women’s clothing supply chain brand that integrates design, production, and sales, suitable for various lifestyle scenarios across all categories.
• ID-PLACE: Focusing on “lightweight” down jackets.
• DTU: Embodying “new modernity” through premium differentiation.

Other vertical experts:

• RUNXI: 20 years of expertise in knitwear.
• MINASELF: Specializing in suits, trench coats, and shealing jackets.
• SECRETANA: Focused on high-end home wear.

We have prepared interactive gifts with Chinese characteristics, reserved exclusive one-on-one meeting spaces, and will host an “EU-China Apparel Supply Chain Partnership Salon” with industry experts. Your presence is cordially invited.

Official website: https://www.yffsc.com/en/

Study of 300+ executives identifies misalignment between marketing and IT as key barrier to AI transformation

CHICAGO, Sept. 10, 2025 /PRNewswire/ — Bounteous, a leading global digital transformation consultancy, released a new white paper titled “The AI Whitespace: Addressing Challenges to Unlock Potential.” The report helps enterprises accelerate artificial intelligence (AI) adoption by identifying and closing organizational gaps between marketing and technology functions.

Based on a survey of more than 300 senior executives across North America and Europe, the report highlights key misalignments slowing AI adoption and provides a framework to help enterprises align, invest, and lead with AI. The full report is available here for enterprises looking to lead with AI.

With generative AI rapidly moving from experimentation to business-critical operations, Bounteous emphasizes that successful AI integration requires more than technical implementation; it demands a coordinated, company-wide transformation.

“Integrating AI across a business isn’t just a technology play; it’s an organizational shift,” said Martin Young, EVP, Data & AI at Bounteous. “To bridge the gap from early experimental wins to more impactful value across core business functions, organizations transform skillsets across their workforce.”

Young was recently appointed to lead the company’s global AI practice, reinforcing its commitment to helping clients scale AI initiatives responsibly and effectively. With more than 20 years of experience driving digital transformation, Young brings deep expertise in AI strategy, data governance, and enterprise change management.

“The AI Whitespace” provides C-level executives with practical strategies to assess AI maturity, identify organizational bottlenecks, and chart a path toward scalable, business-driven AI adoption.

Additionally, for the third time in a row, Bounteous was recognized as a Representative Vendor in the 2025 Gartner® Market Guide for Global Digital Marketing Agencies. The report noted, “Agencies are making significant investments in AI training and technology,” citing the Bounteous merger with Accolite Digital as an example.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Bounteous
Bounteous is a premier end-to-end digital transformation consultancy dedicated to partnering with ambitious brands to create digital solutions for today’s complex challenges and tomorrow’s opportunities. With uncompromising standards for technical and domain expertise, we deliver innovative and strategic solutions in Strategy, Analytics, Digital Engineering, Cloud, Data & AI, Experience Design, Digital Experience Platforms, and Marketing. Our Co-Innovation methodology is a unique engagement model designed to align interests and accelerate value creation. Our clients worldwide benefit from the skills and expertise of over 4,500+ expert team members across the Americas, APAC, and EMEA. By partnering with leading technology providers, we craft transformative digital experiences that enhance customer engagement and drive business success. Discover more about our impactful work and expertise by visiting www.bounteous.com and following us on X, LinkedIn, Facebook, and Instagram.

DUBAI, UAE, Sept. 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released a new Bybit x FXStreet TradFi, highlighting why this week’s U.S. inflation data could be a pivotal moment for global markets.

The joint report examines the upcoming release of the Producer Price Index (PPI) on September 11 and the Consumer Price Index (CPI) on September 12, both of which are expected to play a decisive role in shaping the Federal Reserve’s interest rate decision on September 17, 2025.

Key Insights:

• Fed in Focus: Markets are currently pricing in a 92% probability of a rate cut from 4.5% to 4.25%, according to CME FedWatch data. Softer inflation readings could further strengthen expectations of additional cuts later this year.
• Bitcoin at a Crossroads: BTC remains below its all-time high of $124,500 reached in August. A softer CPI could propel Bitcoin past $120,000 and potentially toward $135,000 by year end, while hotter-than-expected data could trigger a correction below $107,200.
• Equities Rally: The S&P 500 is holding above 6,500, with the potential to target 7,000 if inflation data eases and rate cut expectations firm up.
• Cross-Asset Volatility: Inflation figures will directly impact risk assets, including cryptocurrencies, gold, silver, and growth equities, setting up traders for two critical trading windows this week.

Inflation Week: A Market-Moving Catalyst

The report underscores that falling inflation would give the Fed more flexibility to ease monetary policy, boosting liquidity across asset classes. Conversely, stronger-than-expected inflation would likely force policymakers to remain cautious, restraining rallies in both traditional and digital markets.

The full Bybit x FXStreet TradFi Report is available now on Bybit’s official platform, providing traders with in-depth analysis, technical insights, and actionable strategies to navigate one of the most important weeks for global markets this year.

#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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DUBAI, UAE, Sept. 10, 2025 /PRNewswire/ — PSAG Technologies, a global professional services, consulting, and technology solutions provider, announced the appointment of Mr. Anil Hingorani as General Manager – Business Operations for its Middle East (Dubai) operations. In this strategic leadership role, Anil will oversee operational excellence, strengthen customer experience transformation initiatives, and drive growth across the Middle East and surrounding markets.

PSAG Technologies Appoints Anil Hingorani as General Manager – Business Operations, Dubai

A Global Leader in Customer Experience and Digital Transformation

With over two decades of experience, Anil Hingorani brings cross-functional expertise in Customer Experience (CX) digital transformation across global markets. He has led roles in solution consulting, presales, service delivery, and sales, driving scalable growth and customer-focused innovation. His experience spans EMEA, APAC, and the U.S., with domain knowledge across BFSI, Retail, and the Public Sector. A certified TOGAF, PRINCE2, and ITIL professional, Anil is also an alumnus of the General Management Program at IIM-A. He has built strategic alliances with tech leaders like Tableau and SAS, shaping modern, sector-specific CX solutions.

“I’m excited to take on this role at a time when PSAG Technologies is expanding rapidly in the Middle East and globally. My focus will be on enhancing our operational capabilities, driving client success, and supporting our teams as we deliver meaningful digital transformation for customers across the region.” – Anil Hingorani, General Manager – Business Operations, PSAG Technologies.

Reinforcing PSAG’s Middle East Growth Strategy

Mr. Anil’s appointment comes at a pivotal time in PSAG Technologies’ growth journey. His leadership will support the company’s vision of delivering high-quality solutions, driving operational efficiency, and enhancing client success as PSAG strengthens its footprint in the Middle East.

“We are pleased to welcome Anil to PSAG Technologies. His deep industry knowledge and proven operational leadership make him the right fit to lead our business operations in the EMEA region. As we continue expanding across the Middle East, Anil will play a key role in strengthening our delivery model and client relationships.” – Sachin Nagi, Founder & CEO, PSAG Technologies.

About PSAG Technologies

PSAG Technologies is a global professional services and technology consulting company, specializing in delivering innovative, scalable, and future-ready solutions. With leading expertise across Salesforce, ServiceNow, Zoho, Freshdesk, SAP, QuickBooks, Zendesk, HubSpot, Genesys, CCaaS solutions, Mobile & Web Applications, Full-Stack Development, Blockchain, AI/ML, and Enterprise Integration technologies, we empower organizations to accelerate their digital transformation journey.

With a strong presence across Australia, the UK, the USA, EMEA, and India, our hub of certified professionals brings deep industry knowledge, technical excellence, and a proven track record of delivering measurable business outcomes.

At PSAG, we partner with organizations to seamlessly connect technology with innovation, shaping business visions into reality and creating sustainable value from technology investments. Our AI-driven approach enhances automation, personalization, and decision-making, enabling clients to stay ahead in a rapidly evolving digital economy.

Our unwavering focus is on maintaining a team of 100% certified experts, ensuring every engagement is executed with precision, agility, and a commitment to excellence.

Its flagship product, SOLFI, is a zero-code, native integration platform on the Salesforce AppExchange, enabling organisations to automate and scale integrations seamlessly.

CONTACT:
Mr. Sachin Nagi
Phone Number: +61 451 400 099
Email: contact@psagtechnologies.com
Website: www.psagtechnologies.com