New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

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SOURCE Applied Intuition, Inc.

SINGAPORE, July 22, 2026 /PRNewswire/ — 1exchange, a regulated  exchange for the listing and secondary trading of tokenized real-world assets (RWA), today announced that through a collaboration with CapBridge, the UBS USD Money Market Investment Fund (“uMINT”)  is now available for secondary market trading on its regulated platform. CapBridge is an authorised distribution partner of uMINT.

uMINT is an actively tokenized USD money market investment fund token launched by UBS Asset Management. Built on the public Ethereum blockchain, it enables eligible investors to gain exposure to an institutional-grade money market fund through distributed ledger technology.

The availability of uMINT on 1exchange provides eligible investors with an additional regulated venue to access uMINT beyond the primary distribution channel. Qualified buyers can acquire uMINT from existing uMINT holders offering their holdings for sale on the 1exchange trading platform. Through 1exchange’s automated order-matching system, the matched trades will be settled instantly. Effectively, 1X provides an additional liquidity pathway by enabling peer-to-peer transfers between eligible investors, complementing the traditional subscription and redemption process.

“As institutional adoption of tokenized assets continues to grow, secondary market infrastructure will play an increasingly important role in providing access to more liquidity beyond primary distribution,” said Sheena Lim, CEO of 1exchange. “Making uMINT available on 1exchange provides eligible investors with an additional regulated venue for secondary market trading, while supporting the continued development of a more accessible and liquid ecosystem for tokenized real-world assets.”

Tokenization is moving beyond issuance towards active trading and broader market participation. Regulated marketplaces play an increasingly important role in supporting price discovery, liquidity, and investor access. As a MAS-regulated Recognised Market Operator (RMO), 1exchange continues to expand its marketplace with institutional-grade tokenized assets, supporting the development of a more connected and accessible ecosystem for tokenized assets.

About 1exchange

1exchange, a member of FOMO Group, is a leading exchange for Real-World Assets (RWA) security tokens and private listings, licensed by the Monetary Authority of Singapore (MAS). Offering full-stack on-chain infrastructure, the platform enables issuers to list enterprise-grade RWAs, while enabling investors to trade modern digital assets in a regulated secondary market, unlocking global liquidity. CapBridge is a sister company of 1exchange.

Visit www.1x.exchange for more information.
For media inquiries, please contact  media@1x.exchange.

Disclaimer

The information contained in this article is provided strictly for general informational purposes only. It does not constitute financial advice, investment advice, an offer to sell, or a solicitation of an offer to purchase or subscribe for any securities or financial products listed or traded on 1exchange (“1X”).

Investments involve risks, including the possible loss of principal. Past performance is not necessarily indicative of future performance.

Readers should carefully consider their investment objectives, financial circumstances, and risk tolerance, and should conduct their own independent research. Where appropriate, readers are encouraged to seek advice from a qualified financial professional before making any investment decisions.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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SOURCE 1exchange (“1X”)

Reforms coincide with record-high assets under management, with net inflows up 193% in 2025

HONG KONG, July 22, 2026 /PRNewswire/ — Hong Kong’s long-awaited reforms to its fund exemption rules and carried interest regime are expected to prompt a significant influx of regional and global asset managers to the city, according to KPMG’s latest Hong Kong Asset Management and Private Equity Outlook, published today.

The reforms arrive at a moment of renewed momentum for Hong Kong’s asset management industry. According to the SFC’s latest Asset and Wealth Management Activities Survey, total AUM rose 20% to a record high in 2025, and net fund inflows nearly tripled during the year (up 193%). Critically, 56% of assets managed in Hong Kong are invested beyond the Chinese Mainland and Hong Kong SAR, demonstrating the city’s enduring role as a genuinely global allocation centre.

KPMG notes that the reformed Unified Fund Exemption (UFE) regime – described in the report as the most consequential tax development in a generation – directly resolve the legal certainty gap that had previously driven parts of the alternatives business to other hubs. Under the new framework, qualifying carried interest and performance fees will attract a 0% effective tax rate at both the corporate entity level and in the hands of Hong Kong-based employees. Uniquely, this incentive will apply retrospectively from the 2025 assessment year – a competitive advantage that no rival jurisdiction currently offers.

Darren Bowdern, Head of Alternative Investments, Hong Kong SAR, KPMG China, said:

“The government’s intent with this landmark tax package is unambiguous: it wants this incentive utilised to its fullest extent. By offering a retrospective 0% effective tax rate on both carry and performance fees, Hong Kong has eliminated the operational ambiguities that historically hindered private equity, credit, and hedge fund structures locally. We anticipate strong immediate interest from global asset managers looking to build permanent investment teams and oversee high-value Asian portfolios from Hong Kong.”

Hong Kong’s capital markets are also gaining significant momentum. The city regained its position as the world’s leading market for IPO fundraising in 2025 and has maintained this strong performance into 2026, currently ranking among the top two globally, with KPMG forecasting full-year IPO fundraising of around HKD 350 billion.

Vivian Chui, Head of Securities and Asset Management, Hong Kong SAR, KPMG China, said: “Markets are showing renewed momentum, capital is returning, and policymakers are taking deliberate steps to strengthen Hong Kong’s position in an increasingly competitive global landscape. From the deepest IPO pipeline in a decade to an expanding ETF product shelf, the foundations for sustained growth are firmly in place. The challenge for the industry now is to invest in the people and skills needed to capture these opportunities.”

The report identifies exchange-traded funds (ETFs) as a significant growth opportunity for Hong Kong’s asset management industry. The average daily turnover of ETFs for the first six months of 2026 was HKD 39.6 billion, an increase of 17% when compared with the same period last year [1].

KPMG expects the market to expand further as investor demand moves beyond traditional passive index products towards active strategies, income generation, thematic exposure, virtual assets and tactical trading products. This changing product mix could strengthen market liquidity, broaden investor choice and create new distribution opportunities for global and regional asset managers.

Arion Yiu, Audit Partner, Financial Services, Asset Management, Hong Kong SAR, KPMG China, said: “This next phase of growth must, however, be built on investor trust. As products become more sophisticated, particularly in areas such as leveraged, inverse and single-stock ETFs, managers and distributors will need to ensure that governance, disclosure and investor education keep pace. Firms that can combine innovation with strong product oversight will be best placed to capture this opportunity.”

About KPMG

KPMG in China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.

KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.

KPMG firms operate in 138 countries and territories with more than 276,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

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SOURCE KPMG