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rabbit r1, the Consumer AI-native Pocket Companion, Expands Availability Across the UK and European Union

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New r1 orders globally are now shipping within three business days

SANTA MONICA, Calif., Aug. 13, 2024 /PRNewswire/ — Today, AI startup rabbit inc. announced that r1, a first-of-its-kind AI-native device that puts easy access to the industry’s most advanced consumer AI models in your pocket, is now available across the European Union and the United Kingdom. In addition, rabbit announced that all new r1 orders globally will ship within three business days. 

r1 is rabbit’s first hardware product and has made waves in the consumer electronics industry as the best-selling and most-used native AI device to-date, with more than 100,000 devices sold. One-third of r1 devices sold to-date have been purchased in Europe. Customers have discovered a wide variety of helpful use cases to improve their daily lives with AI, from deciphering complicated parking and road signs, and getting important gardening tips using the AI-powered rabbit eye camera, to translating conversations in real-time and generating healthy recipe ideas with access to leading large language models (LLMs).

r1, rabbit OS and rabbithole – a personalized AI agent experience from end to end

Running on a personalized operating system, r1 is the only consumer AI device that gives users quick and affordable access to the leading AI models in one device, including LLMs from ChatGPT, Perplexity, and Anthropic. Combining custom-built software with sleek hardware designed in collaboration with renowned design firm Teenage Engineering, r1 is an on-the-go curiosity catcher, a journal you write with your voice, an encyclopedia at your fingertips, a recorder that summarizes your every thought, a pocket translator, and a reason to bring friends and family together. Each user can manage their personalized history and supported online services in rabbithole, the accompanying secure cloud hub and “brain” of the user’s personal AI assistant. Take a look at our use cases to learn more about how r1 offers a new and useful AI-native experience. 

Commitment to constant improvement for a better user experience

Since launching r1, rabbit has demonstrated its community-focused approach to ensure a fast feedback loop between its consumers and engineers, continuously and rapidly improving and adding more value to r1 through regular software updates based on user feedback. The new “beta rabbit” feature, introduced in July, enables r1 to provide significantly smarter answers to more complex queries. A number of other key updates have also made r1 more useful and delightful, including global memory recall, which personalizes responses in relation to a user’s rabbithole journal content; Wolfram|Alpha integration, which provides users with increased accuracy in computational queries related to mathematics, science, technology, society, and culture; and Magic Camera, which turns photos taken by r1 into creative AI-generated images. While there are currently some regional limitations in Europe, including availability of certain connected apps and additional operating languages, the product is vastly more capable than it was at launch, with new improvements and features added through regular over-the-air (OTA) and cloud updates. This cadence will also apply to Europe as the team continues to listen to feedback and rapidly apply it to the user experience. 

“r1 was designed from day one to be a global device, and we want to deliver it to every corner of the world,” said Jesse Lyu, Founder and CEO of rabbit. “We’re very encouraged to see the existing appetite for r1 in Europe already as we pave the way in this new category of AI-native products.”

Built around security from day 1 and constantly becoming stronger 

rabbit designed the architecture of rabbit OS with security and privacy at the core. “The most important thing we do at rabbit is earn and protect customer trust. This is something that everyone, not just the security team, is charged with when they join the company,” said Matt Domko, Head of Security at rabbit. “We’re actively taking steps to consistently improve our security program on a daily basis.”

To keep up with the fast pace of rabbit’s software updates and growing set of consumer use cases, rabbit regularly works with credible third-party security partners to test the resilience of its system and ensure consumers’ privacy and information security are effectively protected. Learn more about the company’s recent penetration test in this blog post.

r1 only listens when the user presses the physical push-to-talk button to interact with the device, and its rotating camera defaults to a position that physically blocks the lens unless the user explicitly requests it. rabbit also implemented a vulnerability disclosure program (VDP) in May to encourage researchers, developers, and the general public to submit vulnerabilities in a responsible manner.

rabbit r1 is available today across the entire European Union (excluding Malta) and can be purchased at www.rabbit.tech. It costs $199 with no subscription necessary; please refer to the website for current local prices in the UK and Europe. New orders globally will also be processed and shipped within three business days. 

About rabbit

rabbit inc. is an AI startup developing a personalized operating system (OS) through a natural language interface and dedicated, affordable consumer hardware to host the OS. The OS, called rabbit OS, is capable of understanding complex user intentions, operating user interfaces, and performing actions on behalf of the user.

The company is headquartered in Santa Monica, California, and was founded by a group of researchers, engineers, and repeat entrepreneurs with extensive experience in shipping AI hardware products and operating high-performance computing (HPC) clusters to train large AI models. A two-time Y Combinator alumnus, rabbit’s Founder and CEO, Jesse Lyu, previously founded Raven Tech, a startup that pioneered conversational AI operating systems. rabbit raised over $59m in funding to date from investors including Khosla Ventures, Sound Ventures, and Synergis Capital.

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Caladium Systems Launches Happiffie, India’s First AI-powered Celebration Platform

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CHENNAI, India, July 24, 2026 /PRNewswire/ — Caladium Systems today announced the launch of Happiffie, India’s first AI-powered Celebration Growth Platform, introducing a smarter way for customers to discover, compare, book, and manage celebrations while helping businesses connect with high-intent customers through intelligent technology.

Designed for weddings, birthdays, corporate events, social celebrations, parties, festivals, and more, Happiffie brings together over 400 celebration occasions and 1,000+ celebration experiences on a single AI-powered platform.

India’s celebrations industry continues to rely heavily on referrals, manual coordination, inconsistent pricing, and fragmented vendor discovery. Happiffie addresses these challenges by combining AI-powered recommendations, transparent price discovery, secure bookings, payments, and event management into one seamless platform.

A key innovation is Happiffie’s Reverse Auction, where customers simply submit their celebration requirements and verified vendors compete by offering customised proposals. Instead of spending hours searching and negotiating, customers can compare multiple qualified offers and choose the vendor that best matches their preferences and budget.

“Customers can now book the experience of their choice with the vendor of their choice, in the budget of their choice. At the same time, vendors receive qualified business opportunities matched to their category, location and capabilities, creating value for both sides of the marketplace,” said Pradhyumna T Venkat, Founder & CEO, Happiffie.

“Every major industry eventually reaches a point where technology fundamentally changes how it operates. Travel did. Hospitality did. Mobility did. We believe celebrations are next,” added Pradhyumna.

The platform is powered by Experience Intelligence™, a proprietary framework that combines over 15 years of celebration industry expertise with Artificial Intelligence to deliver smarter recommendations based on customer intent, preferences, and celebration needs.

Whether planning a wedding, birthday, corporate event, baby shower, anniversary, or festival celebration, customers can manage the entire journey—from vendor discovery and quotations to payments and execution—through a single platform.

Alongside its launch, Happiffie has opened registrations for vendor partners across Chennai and Tamil Nadu, with a phased expansion planned across India. The platform aims to build one of the country’s largest AI-powered celebration ecosystems, helping businesses generate qualified leads and grow more efficiently.

“Our vision is not simply to build another marketplace but to create the technology infrastructure that powers celebrations. Reverse Auction is the first step towards building a smarter, more transparent, and AI-driven celebration economy that benefits both customers and businesses alike,” added Pradhyumna.

Built on the experience of planning and executing over 5,000 weddings and celebrations, Happiffie combines deep industry expertise with AI to simplify celebration planning and transform how India celebrates.

For more information, visit www.happiffie.com. Vendor registrations are now open at www.happiffie.com/vendor-registration.

About Happiffie

Happiffie is India’s first AI-powered Celebration Platform, connecting customers, venues, event professionals, and celebration businesses through one intelligent ecosystem. Built on over 15 years of industry expertise, the platform combines Artificial Intelligence with Experience Intelligence™ to deliver smarter celebration planning across more than 1,000 celebration experiences spanning weddings, corporate events, birthdays, social celebrations, parties, and festivals.

Contact

Pradhyumna T Venkat
Founder & CEO
pradhyumna@happiffie.com
+91-7299002990

Logo: https://mma.prnewswire.com/media/3007635/Happiffie_Logo.jpg

 

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Beko Publishes 2025 Integrated Report, Charting Years of Progress Toward Net Zero

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As Beko releases its 2025 Integrated Report, the company’s third consecutive inclusion on TIME’s global sustainability ranking — retaining the #1 position in its industry — underscores the progress documented within it.

ISTANBUL, July 24, 2026 /PRNewswire/ — Beko published its 2025 Integrated Report, offering a comprehensive account of the company’s financial, environmental and social performance over the past year. In parallel, Beko has been named one of TIME Magazine’s World’s Most Sustainable Companies for the third year running, retaining the #1 position in its industry. The recognition, awarded in partnership with Statista, independently corroborates years of deliberate, measurable progress.

The report documents concrete results across Beko’s global manufacturing footprint. In 2025:

Energy efficiency projects across production sites saved 69,562 GJ of energy, avoiding 5,297 tonnes of CO₂e emissions.Waste recycling across all manufacturing facilities reached 98.6%, against a target of 99%.Renewable energy installed capacity reached 96 MWp, up from 90.2 MWp the prior year. Beko also reached 63.5% green electricity on the path to 100% across all manufacturing by 2030.Water efficiency and rainwater harvesting projects across locations delivered total water savings of 219,114 m3.

Behind these figures is a broader manufacturing transformation. Three of Beko’s manufacturing facilities have been recognised within the World Economic Forum’s Global Lighthouse Network, with the Ulmi plant earning the additional, and rarer, designation of Sustainability Lighthouse. The principles behind Ulmi’s approach are being extended across Beko’s broader manufacturing ecosystem, as the company scales low-impact production. Beko currently operates 13 smart factories globally — equipped with artificial intelligence, machine learning and robotics capabilities — with a target of 17 by the end of 2026.

On the circular economy side, Beko’s refurbishment centres across multiple locations reintroduced more than 148,000 appliances into the market in 2025 alone. The company recycled 1.98 million WEEE units through its own recycling facilities since 2014, and used 31,665 tonnes of recycled plastics in its products in 2025.

Across its product portfolio, 72.6% of Beko’s turnover in 2025 came from low-carbon products — a figure that reflects both the scale of the company’s energy-efficient product range and growing consumer demand for appliances that address environmental concerns.

“Being recognised by TIME three years in a row matters because it reflects that sustainability is a foundational part of Beko’s business,” said Can Dinçer, CEO of Beko. “Our factories undergo a twin transformation where we encounter both decarbonization and digitalization. That progress is deliberate and measurable, and our Integrated Report sets out exactly how. As the world prepares for COP31, the most credible thing a company can do is demonstrate its work rather than declare it. That is what we are doing.”

TIME’s annual list evaluates more than 5,000 companies worldwide across environmental and social performance, transparency and ESG reporting. Beko’s continued inclusion under increasingly rigorous standards points to a business model where sustainability is structurally embedded across operations, supply chains and product portfolios.

In addition to its Integrated Report, the Company has also published its second TSRS-compliant sustainability report, prepared in accordance with the Türkiye Sustainability Reporting Standards (TSRS), Türkiye’s adoption of the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The report is publicly available and provides detailed disclosures on the company’s climate-related risks, opportunities, governance, strategy and performance.

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’ 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.

 

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SOURCE Beko

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JustMarkets Releases Market Analysis on How Foreign Exchange Markets React to CPI Surprises

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HO CHI MINH CITY, Vietnam, July 24, 2026 /PRNewswire/ — JustMarkets today released a new market analysis examining how foreign exchange markets react to Consumer Price Index (CPI) surprises and outlining key considerations for traders preparing for inflation data releases. The analysis explains why the gap between actual CPI data and market expectations, rather than the headline inflation figure itself, is often the primary driver of currency market movements.

What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the headline number is high or low, but it’s all priced in advance. According to JustMarkets, the real driver of EUR/USD is the gap between the actual number and what the market was positioned for.

Even an unchanged reading can cause dollar weakness if traders expect higher inflation, while weaker numbers that beat consensus expectations may drive dollar strength. Citing Federal Reserve research, the price driver is a surprise component rather than the headline.

Why the Expectation Gap Is More Important Than the Level

Forex is driven by expectations for interest rate decisions, with inflation impacting central bank policy. Key factors influencing this reaction include:

Main factors:

Monthly CPI and core CPICore services inflationRevisions to the previous period dataCentral banks policy pricing

Year-over-year data is less important in terms of price impact than monthly and core data.

How to Calculate Surprise

Start with the simplest metric: Surprise = Actual CPI − Consensus CPI. 

Consensus comes from the economic calendar’s forecast and reflects the market positioning. And then you need to check the market reaction through rates. The sequence typically runs: CPI surprise → change in front-end yields → USD movement → the sentiment adjustment.

Traders frequently employ this methodology in combination with the JustMarkets Economic Calendar to track high-impact releases in real time.

What the Intraday Move Actually Looks Like

CPI reactions usually happen in three stages. The first one is a headline shock with the potential algorithm’s reaction within a few seconds. Then comes the interpretation stage, with a time frame of 15-60 minutes and analysis of core numbers and yield confirmation. And then either continuation or reversal happens.

Approaches to Trading CPI Day

There are two common approaches to CPI.

The momentum approach requires the consistency of headlines and core surprises with yields’ confirmation. Most traders wait until the first minute’s candle is closed to avoid false signals.The fade approach requires dislocations like the absence of yield confirmation to FX movement or dislocations between headlines and core numbers. In this case, traders wait 10−20 minutes for exhaustion of the initial move and reversal setup search.

Risk management is crucial. Most traders limit their position size to 0.25%-0.50% of their equity because of widening spreads and slippage. Sometimes the decision to trade off is more optimal during extreme volatility than forced entry.

One Way to Prepare for the Next CPI Day Release

A simple way to get ready is to monitor EUR/USD, GBP/USD, USD/JPY pairs and an economic calendar with events’ importance. The workflow is simple: Economic calendar → release → Trading platform.

The final step brings traders to the execution platform. Many turn to JustMarkets, which offers CFDs on these currency pairs, with execution stability and fast market access that make it well suited for high-volatility macro events.

Disclaimer: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and trade responsibly.

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SOURCE Just Global Markets Ltd

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