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Saudi Arabia’s AI.M Accelerator to be Led by SparkLabs Group

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Artificial Intelligence Mission (AI.M) is a national initiative that aspires to stimulate a comprehensive system of innovation in the field of artificial intelligence

RIYADH, Saudi Arabia, June 25, 2024 /PRNewswire-PRWeb/ — Artificial Intelligence Mission (AI.M) is a national initiative that aspires to stimulate a comprehensive system of innovation in the field of artificial intelligence and contribute to strengthening the Kingdom’s leadership role regionally and globally in artificial intelligence within the next 5 years. The initiative was created by the Ministry of Communications and Information Technology’s National Technology Development Program (NTDP), King Abdullah University of Science and Technology (KAUST), and Saudi Data & AI Authority (SDAIA).

“We are excited to have SparkLabs leading our accelerator program for AIM. They are the ideal partner since they not only bring a solid track record as investors and the ability to help our local founders to become successful and build impactful companies,” stated Ibrahim Neyaz, CEO at NTDP

A core part of AI.M will be its startup accelerator program, AIM-X, which will be led by SparkLabs Group, an early-stage venture capital firm that has invested in over 550 startups across the globe. SparkLabs has been investing in AI since 2016, and was one of a handful of investors who directly participated in OpenAI’s recent financing round. They have invested in other AI leaders such as Vectara, Gideon Bros, Kneron, Anthropic, Aquabyte and Lucidya.

“We are excited to have SparkLabs leading our accelerator program for AIM. They are the ideal partner since they not only bring a solid track record as investors but have proven access to top AI founders and the ability to help our local founders to become successful and build impactful companies,” stated Ibrahim Neyaz, CEO at NTDP.

SparkLabs has brought on board various leaders in AI to assist in the accelerator program and other investments. Their advisors include people such as Amr Awadallah, Co-founder of Cloudera and now Co-founder and CEO at Vectara, generative AI search company for enterprise; Sang Cha, Founder of the Graduate School of Data Science at Seoul National University and Transact In Memory, which was acquired by SAP. Venture Partners include Spiros Margaris, a venture capitalist and the global No. 1 fintech and leading AI influencer, recognized for his strategic advisory and board roles in these sectors; Nathan Lands, the Founder of Lore.com, which has an AI newsletter with a readership exceeding 20,000, and Co-host at the Next Wave podcast with Hubspot; Nils Westerlund, who lead the growth team at RunwayML; Joel Pazhayampallil, Co-founder and CEO at Bluespace.ai, who previously was a co-founder of Drive.ai that was acquired by Apple; and Brian Behlendorf, CTO at the OpenWallet Foundation and Chief AI Strategist at the Linux Foundation.

“We are honored and excited to be partnering with AIM to launch the AIM-X Accelerator Program. We are eager to help develop and nurture the AI ecosystem in Saudi Arabia, and have activated our global network to source the most promising AI startups, both foreign and domestic, to join our inaugural cohort slated to begin this September. We strongly believe that KSA is poised to become a key AI hub for the region as well as globally, ” said William Chu, Managing Partner at SparkLabs AI Lab.

AIM-X powered by SparkLabs will begin accepting applications on June 14th and companies can apply to the following link. Primarily early-stage (seed & series A) AI startups are encouraged to apply, and will be receiving a $200,000 investment for up to 6% of equity. The program will begin on September 17, 2024.

About NTDP
The National Technology Development Program (NTDP) is a national program in Saudi Arabia that contributes to enhancing and ensuring the effectiveness of technology ecosystem by achieving a sustainable development using various components in collaboration with the stakeholders. Its goal is to facilitate Saudi Arabia’s transformation into a leading global Technology Hub by 2030 and to strengthen the Saudi tech-ecosystem with innovative financial solutions. For further information, you can visit here: http://www.ntdp.gov.sa

About SparkLabs Group
SparkLabs Group (http://www.sparklabsgroup.com) is a network of startup accelerators and venture capital funds that has invested in over 550 startups across 6 continents since 2013. The firm has made an impact as innovation ecosystem builders that help local startups go global and uplift the foundations of entrepreneurship in countries such as South Korea, Taiwan, Australia, and Saudi Arabia.

Media Contact

Bernard Moon, SparkLabs Group, 650-454-5244, bernard@sparklabsgroup.com, www.sparklabsgroup.com 

View original content to download multimedia:https://www.prweb.com/releases/saudi-arabias-aim-accelerator-to-be-led-by-sparklabs-group-302178766.html

SOURCE SparkLabs Group

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Kerun Launches Integrated Transformer and Substation Solutions for AI Data Centers in Hot-Climate Regions

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JIANGSHAN, China, June 16, 2026 /PRNewswire/ — Kerun Intelligent Control Co., LTD., a manufacturer specializing in power transmission and distribution equipment, announced the launch of its Integrated Transformer and Substation Solutions for AI data centers, cloud facilities and high-density computing infrastructure.

Designed for demanding environments such as the Middle East, the solution supports stable power distribution in regions where high temperatures, heavy electrical loads and continuous 24/7 operation place greater pressure on power infrastructure.

Combining transformers, prefabricated substations, switchgear and intelligent monitoring systems, Kerun’s integrated solution helps data center developers, EPC contractors and infrastructure operators build reliable and scalable power systems for mission-critical facilities.

Addressing Power Challenges in Hot-Climate Data Center Environments

AI data centers and high-density computing facilities face complex electrical challenges, including nonlinear loads, harmonic interference, continuous high-temperature operation and rising power density. In hot-climate regions, transformer thermal performance, fire safety and long-term reliability become even more important.

Key features include:

K-Factor harmonic-resistant transformer design: Optimized for server clusters and high-harmonic environments, helping reduce overheating risks and improve stable operation.FR3 vegetable oil-based insulating fluid option: Supports improved fire safety, thermal performance and overload tolerance, making it suitable for facilities requiring uninterrupted operation.High-efficiency power distribution: Helps reduce power losses, energy consumption and long-term operating costs.Intelligent monitoring and detection: Enables visualization of operating parameters and supports preventive maintenance in demanding environments.Reliable power architecture: Supports redundancy configurations for mission-critical loads.Flexible engineering customization: Allows adaptation based on voltage level, local climate conditions, installation environment and project specifications.

Designed for Reliability, Safety and Scalability

As AI, cloud services and digital infrastructure continue to expand across the Middle East, reliable power systems are becoming a key foundation for data center growth.

“Data centers in high-temperature environments require power systems that can deliver stability, safety and efficiency under continuous operating pressure,” said Mr. Wang, General Manager of Kerun. “Kerun remains committed to providing integrated transformer and substation solutions that support resilient digital infrastructure.”

Beyond data center applications, Kerun also serves utility, industrial, renewable energy and long-distance power transmission sectors.

About Kerun

Founded in 2004, Kerun Intelligent Control Co., LTD. provides power transmission and distribution solutions for utility, industrial and digital infrastructure projects worldwide. Its portfolio includes transformers, switchgear, prefabricated substations, energy storage containers and EV charging infrastructure.

For more information, visit: https://ar.kerunpower.com
Learn more about the solution: https://ar.kerunpower.com/solutions/transformers-solution-for-data-center/

 

View original content:https://www.prnewswire.co.uk/news-releases/kerun-launches-integrated-transformer-and-substation-solutions-for-ai-data-centers-in-hot-climate-regions-302801093.html

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Arcfra Releases AKE 1.6 to Enhance Production Kubernetes Operations and Network Management

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SINGAPORE, June 16, 2026 /PRNewswire/ — Today, Arcfra announces the release of Arcfra Kubernetes Engine (AKE) version 1.6, the latest version of its production-grade container management and service platform.

This release improves Kubernetes operational efficiency and strengthens production network management. AKE 1.6 introduces form-based visual management for Kubernetes resources, enabling users to deploy and manage applications without writing complex YAML files. It also supports separation of workload cluster management networks from service networks and multiple network interfaces for Pods, helping enterprises address security isolation, compliance, and high-performance networking requirements.

Form-Based Visual Management for Kubernetes Resources

AKE 1.6 introduces form-based deployment and management for Kubernetes resources, allowing users to complete common application operations through the UI instead of manually writing and maintaining YAML files.

This capability brings infrastructure, Kubernetes clusters, and business applications into a unified visual management experience. Users can view related resources in a single interface, access frequent operations more directly, and reduce the complexity of managing containerized applications.

Separated Management and Service Networks for Workload Clusters

To prevent management traffic and service traffic from affecting each other, AKE 1.6 supports separating the management network from the service network for workload clusters.

In this architecture, management traffic and business service traffic are isolated into separate network planes. The container service network cannot directly route to control plane components such as the Kubernetes apiserver. Even if a container is compromised, control plane operations remain isolated, improving platform security and helping enterprises meet network isolation and compliance requirements.

Multiple Pod NICs for High-Performance and Isolated Network Access

AKE 1.6 also introduces support for configuring multiple network interfaces for Pods. This capability supports scenarios where applications need access to multiple network planes for security isolation, direct connectivity, or higher network performance.

Compared with Overlay networking, direct flat network access can reduce network overhead and deliver higher throughput and lower latency, with an approximately 20% performance improvement in applicable scenarios.

AKE: Proven in Production

AKE powers mission-critical systems for enterprises in finance, healthcare, manufacturing, e-commerce, and other sectors, including ConnectWave and Foxconn.

View original content:https://www.prnewswire.com/apac/news-releases/arcfra-releases-ake-1-6-to-enhance-production-kubernetes-operations-and-network-management-302801094.html

SOURCE Arcfra

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Daymond John and the RedPocket Mobiles Drop “Color Rush” Jersey — and Two Fans Get to Pitch the People’s Shark

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Giveaway opens June 16 in Ogden; grand-prize winners receive a signed jersey, a free year of wireless, and a one-on-one pitch session with Daymond John

OGDEN, Utah, June 16, 2026 /PRNewswire/ — RedPocket Mobile today announced the release of the RedPocket Mobiles’ new “Color Rush” red jerseys, designed in collaboration with Shark Tank entrepreneur and spokesperson Daymond John, alongside a fan giveaway that puts two winners in the room with the People’s Shark.

RedPocket sponsors the RedPocket Mobiles, which are RedPocket Mobile’s barnstorming Pioneer Baseball League team, a club with no home stadium that plays its entire season on the road. The team is powered by RedPocket Mobile, the independently owned wireless company that lets customers choose coverage across all three major U.S. 5G networks, so the Mobiles stay connected no matter where their team bus takes them.

The giveaway, which opens June 16, awards two grand-prize winners each: a Mobiles Color Rush jersey signed by Daymond John, an official team hat, a full year of RedPocket Mobile service on the network of their choice, a team merch bundle, and a 30-minute pitch session with Daymond himself.  On the call, Daymond will hear their business idea, push on it, and coach them on how to make it better.

“Getting to have a hand in designing the RedPocket Mobiles’ jerseys was something I couldn’t pass up with RedPocket. Every business starts with someone willing to take a chance and that’s why I’m looking for the fans who have a real idea to pitch to a Shark. I can’t wait to hear what these entrepreneurs bring to the table,” said Daymond John.

The giveaway runs through late June. Full entry details are available on the RedPocket Mobiles, RedPocket Mobile, and Daymond John Instagram channels.

About RedPocket Mobile RedPocket Mobile is an independently owned wireless company founded in 2006. RedPocket gives customers the choice of coverage across all three major U.S. 5G networks, with locked-in rates and no price increases. [Confirm/trim boilerplate to current approved standard to your comfortability, alex.salas@redpocket.com.

Entry via Instagram post on @redpocketmobile, @redpocketmobiles  and @TheSharkDaymond

Media contact: [Alex Salas / Alex.salas@redpocket.com / 5626-644-3864]

View original content:https://www.prnewswire.com/news-releases/daymond-john-and-the-redpocket-mobiles-drop-color-rush-jersey–and-two-fans-get-to-pitch-the-peoples-shark-302801034.html

SOURCE RedPocket Mobile

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