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IBM Accelerates Enterprise Gen AI Revolution with Hybrid Capabilities

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Build AI agents in 5 minutes with industry’s most comprehensive set of agent capabilitiesDrive 176% ROI over three years by automating integration across hybrid cloud Turn enterprise data into the most powerful tool with new watsonx.data, which can lead to 40% more accurate AI agentsAccelerate secured, scalable AI with 450 billion inference operations per day on new LinuxONE 5

ARMONK, N.Y., May 6, 2025 /PRNewswire/ — Today at the company’s annual THINK event, IBM (NYSE: IBM) is unveiling new hybrid technologies that break down the longstanding barriers to scaling enterprise AI – enabling businesses to build and deploy AI agents with their own enterprise data.

IBM estimates that over one billion apps will emerge by 2028, putting pressure on businesses to scale across increasingly fragmented environments. This requires seamless integration, orchestration and data readiness.

A new IBM CEO study shows that business leaders expect the growth rate of AI investments to more than double over the next two years, with most actively adopting AI agents and preparing to scale them. Yet their pace of investments has led to disconnected technology – and only 25% of AI initiatives have achieved the ROI they expected.  

IBM is combining hybrid technologies, agent capabilities and deep industry expertise from IBM Consulting to help businesses operationalize AI.  

“The era of AI experimentation is over. Today’s competitive advantage comes from purpose-built AI integration that drives measurable business outcomes,” said Arvind Krishna, Chairman and CEO, IBM. “IBM is equipping enterprises with hybrid technologies that cut through complexity and accelerate production-ready AI implementations.”

Build AI agents in watsonx Orchestrate that work with 80+ leading business applications

AI agents are shifting from AI that chats with you to systems that work for you, yet many enterprises will struggle to integrate them across diverse environments, apps, and data. IBM is providing a comprehensive suite of enterprise-ready agent capabilities in watsonx Orchestrate to help businesses put them into action. The portfolio includes:

Build-your-own-agent in under five minutes, with tooling that makes it easier to integrate, customize and deploy agents built on any framework – from no-code to pro-code tools for any kind of user.1Pre-built domain agents specialized in areas like HR, sales and procurement – with utility agents for simpler actions like web research and calculations.2Integration with 80+ leading enterprise applications from providers like Adobe, AWS, Microsoft, Oracle, Salesforce Agentforce, SAP, ServiceNow, and Workday.Agent orchestration to handle the multi-agent, multi-tool coordination needed to tackle complex projects like planning workflows and routing tasks to the right AI tools across vendors.
Agent observability for performance monitoring, guardrails, model optimization, and governance across the entire agent lifecycle.3

IBM is also introducing the new Agent Catalog in watsonx Orchestrate4 to simplify access to 150+ agents and pre-built tools from both IBM and its wide ecosystem of partners, which includes Box, MasterCard, Oracle, Salesforce, ServiceNow, Symplistic.ai, 11x and more. For example, the catalog will include a sales agent for discovering and importing prospects that works with and is available in Salesforce’s Agentforce and a conversational HR agent that can be embedded in Slack.

Forrester TEI projects 176% ROI over three years by automating integration of apps, APIs, events, and more across hybrid cloud

As AI adoption accelerates, integration remains a major challenge. Most enterprises rely on a patchwork of APIs, apps, and systems spread across on-prem and multi-cloud environments – many of which weren’t built to work together.  

IBM is introducing webMethods Hybrid Integration5, a next-generation solution that replaces rigid workflows with intelligent and agent-driven automation. It will help users manage the sprawl of integrations across apps, APIs, B2B partners, events, gateways, and file transfers in hybrid cloud environments.

An independent Forrester Consulting Total Economic Impact (TEI) study found that a composite organization representative of interviewed customers who adopted multiple webMethods integration capabilities realized over three years6:

176% ROI, plus unquantified benefits such as ease of use, reduced training costs, and improved visibility and security posture40% reduction in downtime33% time savings on complex projects67% time savings on simple projects

This complements IBM’s broader automation portfolio, which spans application development and integration, infrastructure automation and technology business management. Integrations with HashiCorp – including Terraform for infrastructure provisioning and Vault for secrets management – will enhance automation across hybrid environments to support secure configuration, consistent policy enforcement, and scalable operations. Tools like IBM Concert Resilience Posture, along with watsonx and Red Hat technologies, give organizations an intelligent, unified way to manage operations and accelerate AI across hybrid clouds.

Unlocking unstructured data for generative AI

Unstructured data – buried in contracts, spreadsheets, and presentations – is one of the most valuable but underutilized resources in the enterprise. IBM is evolving watsonx.data to help organizations activate this data to drive more accurate, effective AI.7

The new watsonx.data will bring together an open data lakehouse with data fabric capabilities – like data lineage tracking and governance – to help clients unify, govern, and activate data across silos, formats, and clouds. Enterprises will be able to connect their AI apps and agents with their unstructured data using watsonx.data, which tests show can lead to 40% more accurate AI than conventional RAG.8

IBM is also introducing watsonx.data integration, a single-interface tool for orchestrating data across formats and pipelines, and watsonx.data intelligence, which uses AI-powered technology to extract deep insights from unstructured data.9 They will be available as standalone products, with select capabilities also available through watsonx.data – maximizing client choice and modularity.

To complement these products, IBM recently announced its intent to acquire DataStax, which excels at harnessing unstructured data for generative AI. With DataStax, clients can access additional vector search capabilities. Further, watsonx is now integrated as an API provider within Meta’s Llama Stack, enhancing enterprises’ ability to deploy generative AI at scale and with openness at the core.

IBM’s new content-aware storage (CAS) capability is now available as a service on IBM Fusion, with support for IBM Storage Scale coming in 3Q. This provides ongoing contextual processing of unstructured data to make extracted information easily available to RAG applications for faster-time-to-inferencing.

Infrastructure for AI scale

IBM is launching IBM LinuxONE 5, its most secure and performant Linux platform for data, applications, and trusted AI – with the ability to process up to 450 billion AI inference operations per day.10 IBM LinuxONE 5’s innovations include: 

IBM’s State-of-the-art AI accelerators, including IBM’s Telum II on-chip AI processor and the IBM Spyre Accelerator (available 4Q 2025 via PCIe card), to enable generative and high-volume AI applications such as transactional workloads.Advanced security offerings with confidential containers to help clients protect their data and new integrations with IBM’s pioneering quantum-safe encryption technology to address quantum-enabled cybersecurity attacks.Significant reductions in costs and power consumption, moving cloud-native, containerized workloads from a compared x86 solution to an IBM LinuxONE 5 running the same software products can save up to 44% on the total cost of ownership over 5 years.11

IBM has also expanded its GPU, accelerator and storage collaborations with AMD, CoreWeave, Intel, and NVIDIA to provide new solutions for compute-intensive workloads and AI-enhanced data.

To see all THINK news, visit the IBM Newsroom.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information.

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1 Planned availability for agent builder capabilities in June 2025
2 HR agent now generally available. Planned availability for sales & procurement agents in June 2025.
3 Planned availability for agent observability capabilities June 2025
4 Planned availability for agent catalog June 2025
5 Planned availability for webMethods Hybrid Integration in June 2025
6 Forrester Consulting, The Total Economic Impact™ of IBM webMethods, a commissioned study conducted by Forrester Consulting on behalf of IBM, 2024
7 Planned availability for new watsonx.data in June 2025
8 Based on IBM internal testing comparing the answer correctness of AI model outputs using watsonx.data Premium Edition retrieval layer to vector-only RAG on three common use cases with IBM proprietary datasets using the same set of selected opensource commodity inferencing, judging and embedding models and additional variables. Results can vary.
9 Planned availability for watsonx.integration and watsonx.data intelligence in June 2025.
10 Performance result is extrapolated from IBM internal tests running on IBM Systems Hardware of machine type 9175. The benchmark was executed with 1 thread performing local inference operations using a LSTM based synthetic Credit Card Fraud Detection model to exploit the Integrated Accelerator for AI. A batch size of 160 was used. IBM Systems Hardware configuration: 1 LPAR running Red Hat® Enterprise Linux® 9.4 with 6 cores (SMT), 128 GB memory. Results may vary.
11 IBM® internal performance tests for the core consolidation study targeted a comparison of the following servers. IBM Machine Type 9175 MAX 136 system consisting of three CPC drawers containing 136 configurable processor units and six I/O drawers to support both network and external storage. The x86 solution used a commercially available enterprise server with two 5th generation Intel® Xeon® Platinum 8592+ processors, 64 cores per CPU. Both solutions had access to the same storage. Results may vary. The test results were extrapolated to a typical, complete customer IT solution that includes isolated from each other production and non-production IT environments. TCO included software, hardware, energy, network, data center space, and labor costs. On the IBM z17 side the complete solution requires one IBM z17 Type 9175 MAX 136, and on x86 side, the complete IT solution requires 23 compared servers.

Media Contact: 

Amy Angelini
IBM
alangeli@us.ibm.com 

IBM client and partner testimonials: 

Avid Solutions, Malcolm Adams, CEO  
“As labor markets tighten and skills gaps widen, agentic AI will help advance the intelligent workforce and have a profound impact on ecosystems and economies. We’ve used watsonx Orchestrate on AWS to automate repetitive tasks for customer service, project management and accounting, but we’re most excited about the enormous impact agentic AI and networks of agents working together will have on large scale challenges such as global supply chains. Watsonx provides the foundation for trustworthy AI while AWS provides the power to scale globally to transform entire industries.” 

Banco de Brasil, Paulo Andre, Chief Technology Officer 
“By leveraging IBM Z, LinuxONE, and Red Hat Openshift as part of our hybrid cloud strategy, Banco de Brasil has transformed how we serve our customers. With accelerated data processing, real-time insights, and resilient infrastructure across two separated data centers, we can deliver faster, personalized services while strengthening operational efficiency and business continuity to mitigate risk.” – Paulo Andre, Chief Technology Officer, Banco de Brasil 

BNP Paribas, Jean-Michel Garcia, Group Chief Technology Officer
“At BNP Paribas, building resilient and secure cloud foundations is key to supporting the bank’s digital transformation and delivering reliable services to our clients. Our extended partnership with IBM Cloud contributes to this effort and helps us accelerate our cloud-native strategy. These solid infrastructures are also an essential enabler for scaling generative AI use cases, across our businesses.” Jean-Michel Garcia, Group Chief Technology Officer, BNP Paribas

Cencora, Pawan Verma, Executive Vice President and Chief Data and Information Officer
“In today’s increasingly complex and ever-changing healthcare landscape, Cencora plays a vital role in advancing pharmaceutical innovation and access, helping our healthcare customers and their patients have timely and reliable access to the medicines they need,” said Pawan Verma, Executive Vice President and Chief Data and Information Officer, Cencora. “Our strategic digital transformation, powered by collaborations with technology leaders like IBM, will help streamline, improve, and digitize end-to-end business processes, supporting our continued growth and enabling us to deliver an enhanced ‘high-touch and high-tech’ customer experience.” 

Dynamiq, Vitalii Duk, Founder & CEO  
“At Dynamiq, we’re helping AI builders move faster from idea to deployment by using IBM watsonx capabilities alongside our platform. With the latest Granite models in watsonx.ai and embed tools and vector databases in watsonx.data, AI engineers using Dynamiq platform can rapidly prototype and deploy RAG systems, AI agents, and LLM applications. And with watsonx.governance, we’re giving teams the power to move fast – with built in trust and transparency.” 

EY, Martin Fiore, EY Americas Deputy Vice Chair – Tax  
“Tax compliance is a critical yet complex function for corporations that has long been associated with time-consuming and manual processes. Our collaboration with IBM connects the organization’s leading technology with EY’s deep domain expertise to deploy distinct AI-enabled tax solutions that enable workflow automation and unlocks data-driven insights for tax teams. We look forward to working with IBM to continue enhancing these solutions, using emerging technology to expand to other tax processes and ultimately helping businesses improve efficiency, cost and quality.” 

Honda, J Schumacher, Global Lead, Enterprise Architecture 
“At Honda, we are committed to scaling AI in a way that is responsible, human-centered, and deeply rooted in our core values of safety, trust, and respect for individuals,” said J Schumacher, Global Lead, Enterprise Architecture, American Honda Motor Co., Inc. “We are collaborating with IBM Consulting to help us shape the strategy and governance needed to scale AI responsibly and deliver lasting, meaningful impact across our organization.” 

Lockheed Martin, John Clark, senior vice president of Technology and Strategic Innovation  
“Through our Lockheed Martin AI Factory, we closely collaborate with leaders in commercial technology like IBM to deploy powerful AI solutions at scale for our national security customers,” said John Clark, senior vice president of Technology and Strategic Innovation at Lockheed Martin. “At the same time we are transforming our internal operations through AI tools to channel the ingenuity of our 70,000 engineers, scientists and technicians in ways that rapidly accelerate our innovation and efficiency, to get solutions out of the lab and into the field, helping create a safer, more secure world.” 

Lumen, Kate Johnson, president and CEO  
“Our edge network spans the U.S., giving businesses fast, direct access to their critical data and major cloud providers,” said Kate Johnson, president and CEO at Lumen Technologies. “By teaming up with IBM, we’re making it possible to run powerful AI applications without the added costs or risks of relying solely on the public cloud. It’s a faster, safer way for companies to bring generative AI and other groundbreaking digital tools into their everyday operations.” 

PepsiCo, Magesh Bagavathi, SVP, Global Head of Data, Analytics & AI
“PepsiCo is leading the AI transformation in the CPG industry, integrating it across the value chain to deliver meaningful impact for both our people and our customers. In collaboration with IBM Consulting, we’ve developed a robust generative AI platform designed to accelerate business value. By leveraging the full power of our ecosystem, this capability drives smarter decision-making, faster innovation, and a more connected, intelligent future.”
 
Slack, Peter Doolan, Chief Customer Officer  
“Every employee requires more agile solutions so they can get their work done at peak efficiency,” said Peter Doolan, Chief Customer Officer of Slack at Salesforce. “By working with partners like IBM to bring AI-powered solutions and agents into Slack, we’re delivering a seamless employee support experience that empowers users to focus on the high-impact work that truly matters.” 

State Street, Mostapha Tahiri, Executive Vice President and Chief Operating Officer 
“At State Street, we continue our transformation to a more robust, data-led, global financial services leader and are seeing the tremendous potential AI provides to shape investment services and investment management for the future,” said Mostapha Tahiri, Executive Vice President and Chief Operating Officer at State Street. “Unlocking the full value of AI begins with a strong, enterprise-wide data foundation, and we share a commitment with IBM to responsible innovation in the AI and data landscape.” 

UFC, Alon Cohen, Senior Vice President, UFC Research and Development  
“IBM’s deep expertise in data and technology made them a clear choice to serve as UFC’s Official Enterprise AI Partner and help bring the UFC Insights Engine to life. Using watsonx, we’re transforming years of fight data into compelling storylines – creating a newer and more dynamic layer of engagement between UFC’s global viewing audience and the action in the Octagon, taking the UFC experience to the next level.” 

Uptok, Kashif Zaman, CEO  
“The reality is, enterprise buyers aren’t just evaluating AI—they’re evaluating judgment. IBM gives us the foundation to demonstrate both. In AI, getting to eighty percent is fast. But in the enterprise, the final ten percent—performance, reliability, control—is where trust is made or lost. We didn’t pick IBM because it had the flashiest model—we picked it because it fits how we build AI.” 

USAA, Ramnik Bajaj, Chief Data Analytics and Artificial Intelligence Officer  
“At USAA, our unrelenting focus is on serving our members with excellence, and we are always looking for opportunities to implement the power of AI and data to further that goal,” said USAA Chief Data Analytics and Artificial Intelligence Officer Ramnik Bajaj. “In collaboration with IBM, we are working on ways to integrate structured and unstructured data at scale, to enable intelligent automation in processes like underwriting, claims, member feedback analysis and others that involve complex documents and require extensive processing. This will allow us to provide faster, more personalized service to our members and create more efficient workflows for our teams.” 

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Korean Buyers Invited to Connect with Chinese Suppliers at C-TOUCH & DISPLAY and FILM & TAPE EXPO 2026

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SHENZHEN, China, Oct. 20, 2026 /PRNewswire/ — Featuring Korea Day business matchmaking, next-generation display technologies and advanced functional materials, the October exhibitions offer Korean industry professionals new opportunities to explore suppliers and strengthen cross-border partnerships.

As demand grows for advanced displays, semiconductor technologies and high-performance materials, C-TOUCH & DISPLAY SHENZHEN 2026 and FILM & TAPE EXPO 2026 will welcome Korean buyers and industry professionals to Shenzhen, China, from October 27–29. The exhibitions will provide opportunities to discover new technologies, meet Chinese manufacturers and explore business partnerships across the electronics, display, automotive and advanced materials supply chains.

C-TOUCH: Exploring Next-Generation Display and Semiconductor Technologies

C-TOUCH & DISPLAY SHENZHEN 2026 will showcase technologies spanning OLED, Micro LED, flexible displays, touch panels, e-paper, commercial displays, automotive displays and AI+AR smart glasses. As display technologies converge with AI computing, optical communications and semiconductor packaging, the exhibition will connect Korean visitors with suppliers developing materials, components, manufacturing equipment and integrated solutions.

A key highlight is the TGV Glass Substrate Advanced Packaging Zone, where visitors can explore eight major process stages, including laser induction, etching, chemical vapor deposition (CVD), physical vapor deposition (PVD), electroplating, chemical mechanical planarization (CMP), coating and photolithography.

FILM & TAPE EXPO: Functional Materials for Electronics and Advanced Manufacturing

FILM & TAPE EXPO 2026 will bring together suppliers of functional films, optical films, protective and release films, polyimide (PI) films, adhesive tapes, optical clear adhesives (OCA), thermal-management materials and precision converting equipment.

The exhibition will also cover coating, laminating, slitting, rewinding, inspection and die-cutting technologies. These solutions support applications across consumer electronics, semiconductors, automotive electronics, batteries and energy storage, PCB/FPC and industrial manufacturing.

Korea Day: Connecting Korean Buyers with Chinese Suppliers

A major opportunity for Korean visitors will be Korea Day, a dedicated buyer–supplier matchmaking initiative designed to facilitate business connections between Korean industry professionals and Chinese suppliers.

The program will provide a focused setting for buyers to communicate their sourcing needs, explore relevant products and technologies, and discuss potential cooperation directly with suppliers. For companies seeking new sourcing options, manufacturing partners or materials for product development, Korea Day can help make exhibition visits more targeted and productive.

Easier Travel: China’s 30-Day Visa-Free Policy for South Korean Citizens

Travel planning has also become more convenient for eligible Korean visitors. Under China’s current unilateral visa-free policy, South Korean citizens holding ordinary passports may enter China without a visa for stays of up to 30 days for business, tourism, family or friends visits, exchange visits and transit.

The policy has been extended through December 31, 2026. Visitors should consult the Chinese Embassy in the Republic of Korea for the latest official guidance.

Register to Visit Shenzhen This October

C-TOUCH & DISPLAY SHENZHEN 2026 and FILM & TAPE EXPO 2026 will take place October 27–29 at Shenzhen World Exhibition & Convention Center in Bao’an, Shenzhen, China.

C-TOUCH & DISPLAY SHENZHEN 2026: Pre-register here

FILM & TAPE EXPO 2026: Pre-register here

About RX Kuozhan

RX Kuozhan is a joint venture between Reed Exhibitions and Kuozhan Exhibition Services (Shanghai) Co., Ltd., established in 2015. The company organizes a portfolio of industry-leading exhibitions serving the display, touch technology, functional films, adhesive materials, commercial display and advanced materials sectors. Through its exhibitions and industry engagement initiatives, RX Kuozhan connects manufacturers, technology providers, buyers and industry professionals, facilitating business partnerships, technology exchange and cross-industry collaboration in China and international markets.

For more information, please visit C-TOUCH & DISPLAY SHENZHEN and FILM & TAPE EXPO.

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What’s Next for Webull Corporation Shareholders After 19.09% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline

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Complaint alleges Webull Corporation misled investors between April 26, 2025 and October 6, 2026; investors may seek lead plaintiff role by December 7, 2026

LOS ANGELES, Oct. 19, 2026 /PRNewswire/ — Glancy Prongay Wolke & Rotter LLP (“Glancy”) announced today that the class action lawsuit covers investors who bought Webull Corporation (“Webull” or the “Company”) (NASDAQ: BULL) securities between April 26, 2025 and October 6, 2026. The Webull Corporation case, Ward v. Webull Corporation et al., was filed on October 8, 2026 in the U.S. District Court Middle District of Florida (Tampa) (Case No. 8:26-cv-03052).

Investors who suffered losses on Webull Corporation investments can submit their Webull Corporation loss information here before the December 7, 2026 lead plaintiff deadline.

Key dates in the Webull Corporation case

Class period: April 26, 2025 to October 6, 2026Complaint filed: October 8, 2026Lead plaintiff deadline: December 7, 2026

What happened?

On October 7, 2026, the bipartisan House Select Committee on China issued a report which found “a profound gap” between Webull’s public marketing as “an American company” and actual control of the alleged St. Petersburg, Florida-based firm. The committee reportedly found “Webull’s ownership architecture, technical workforce, technology infrastructure, cross-border data routing, corporate financing, and compliance frameworks are tied in structural ways to the People’s Republic of China.” The Select Committee also reportedly found that Webull initially told the Select Committee that it had no offices or employees in China, while Webull’s mainland China subsidiary in fact employed approximately 863 employees, or 62% of Webull’s global workforce.

Webull Corporation stock fell $1.39 or 19.09%, to close at $5.89 on October 7, 2026, thereby injuring investors.

What is the Webull Corporation lawsuit about?

The Webull Corporation securities lawsuit alleges that, between April 26, 2025 and October 6, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Webull Corporation’s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) Webull’s mainland China operations were not limited to research and development and technical support functions, but rather Webull’s software development, data pipelines, and core engineering depended on PRC-based personnel and on infrastructure subject to Chinese law; (2) Webull’s ownership structure, technical workforce, technology infrastructure, cross-border data routing, financing, and compliance structure were structurally tied to China; (3) as a result, Webull’s representations that its principal business operations were based in the U.S. and that its U.S. customer data was insulated from non-U.S. access materially overstated Webull’s independence from the PRC; and (4) as a result, defendants’ positive statements about Webull Corporation’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

“The complaint filed against Webull Corporation alleges that, among other things, the Company failed to disclose that Webull’s mainland China operations were not limited to research and development and technical support functions, but rather Webull’s software development, data pipelines, and core engineering depended on PRC-based personnel and on infrastructure subject to Chinese law. For investors who bought during the class period, the December 7, 2026 deadline is the first major step in this case,” said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.

What’s the next step?

Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm, ready to assist Webull Corporation investors in potentially pursuing claims to recover their losses.

If you wish to serve as lead plaintiff in the Webull Corporation class action, you must move the Court no later than December 7, 2026. To learn more about your rights, visit the Webull Corporation case page, email shareholders@glancylaw.com, or call 310-201-9150 (toll-free: 888-773-9224).

You may retain counsel of your choice. If you bought Webull Corporation securities during the class period, you may take no action and remain an absent class member. No class has been certified yet in the Webull Corporation case.

Frequently Asked Questions

Who is eligible? Investors who purchased or otherwise acquired Webull Corporation securities between April 26, 2025 and October 6, 2026 and suffered losses may be members of the proposed class in the Webull Corporation shareholder lawsuit. Any class member may ask the court to appoint them lead plaintiff by December 7, 2026.

What is a lead plaintiff? In the Webull Corporation class action, the lead plaintiff is the investor, or group of investors, that the court appoints to represent all class members and oversee the case. Under the Private Securities Litigation Reform Act, courts generally presume the movant with the largest financial interest is the most adequate lead plaintiff.

Do I have to be lead plaintiff to recover? No. A Webull Corporation investor’s ability to share in any future recovery does not depend on serving as lead plaintiff. Webull Corporation investors may take no action and remain absent class members.

What is the deadline? Motions to serve as lead plaintiff in the Webull Corporation class action must be filed by December 7, 2026.

Does it cost anything to contact Glancy or participate in this action? Glancy represents Webull Corporation investors on a contingency fee basis, which means investors pay no attorneys’ fees unless there is a recovery. Any fees are subject to court approval and are paid from the recovery.

Can I choose my own lawyer? Yes. Webull Corporation investors may retain counsel of their choice.

Why work with Glancy on the Webull Corporation lawsuit? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the Webull Corporation lawsuit. Prior results do not guarantee a similar outcome.

About Glancy Prongay Wolke & Rotter LLP

Glancy was named one of Law360’s Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.

Glancy’s successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

Prior results do not guarantee a similar outcome.

Related links

Webull Corporation case page, Glancy Prongay Wolke & Rotter LLPComplaint: Ward v. Webull Corporation et al., U.S. District Court Middle District of Florida (Tampa)Webull Corporation SEC filings index, EDGARGlancy Prongay Wolke & Rotter LLP

CONTACT:
Charles H. Linehan
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 | Toll-free: 888-773-9224
www.glancylaw.com

Follow Glancy on LinkedIn, X, or Facebook.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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NetDragon Partners with Jiuzhou Culture to Establish Joint Venture

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Takes Controlling Stake in AI Harness Business to Advance a Third Growth Engine

HONG KONG, Oct. 19, 2026 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”; Hong Kong Stock Code: 0777), a global leader in building internet communities, is pleased to announce that it has entered into a legally binding memorandum of understanding (“MOU”) with Jiuzhou Culture (“Jiuzhou”), a leading AIGC short drama production and distribution company in China, to establish a joint venture (“JV”) in which NetDragon will hold a 51% controlling interest. The partnership will focus on artificial intelligence technologies, AIGC-powered content creation and digital technology services, further expanding NetDragon’s AI application scenarios and commercialisation opportunities while accelerating the development of a new growth engine.

Deepening the Integration of AIGC and Content to Build a Diversified Digital Business Platform

Rapid advances in AIGC are continuing to reshape content creation, digital entertainment and software services. With the ongoing maturation of generative AI, large-scale AI models and AI agents, AI is evolving from a supporting tool into a productivity platform that can enhance the entire value chain, from content creation and production to operations and commercialisation. Through the JV Company, NetDragon and Jiuzhou will combine their complementary strengths in technology, IP, content and industry resources to accelerate the deployment of AIGC across real-world commercial applications.

Under the MOU, Jiuzhou will inject into the JV Company all intellectual property, technologies and assets relating to the AI Harness system business, laying a solid foundation for product development and commercialisation. NetDragon will contribute Hong Kong dollars cash equivalent to RMB 50 million to the JV Company, acquire a 51% shareholding interest and consolidate the JV Company’s financial results. The JV Company will focus on expanding foundational artificial intelligence software, large-scale AI models and the AI Harness system business. It is expected to serve as the first commercial validation platform in China for NetDragon’s “AI ecosystem co-creation” strategy, marking the launch of the Company’s third growth engine and laying the groundwork for the business model to be replicated and scaled across various sectors.

To accelerate the scalable commercialisation of the AI Harness business, the transaction also incorporates a multi-tiered, progressive performance-based incentive warrant scheme. NetDragon will issue 25 million unlisted warrants to Jiuzhou at an issue price of HK$0.10 per warrant share, to be granted in three tranches with initial exercise prices of HK$10, HK$12 and HK$15, respectively. The warrants will only become exercisable upon achievement of specified key performance indicators by the JV Company. Assuming full exercise of all warrants at the initial exercise prices, NetDragon will receive aggregate gross proceeds of approximately HK$314 million, which will supplement the Company’s development capital while achieving deep alignment of interests and shared equity upside with its strategic partner. 

Strengthening AI Ecosystem Synergies to Drive a Third Growth Engine

As generative AI becomes increasingly integrated into content production, digital services and global operations, NetDragon and Jiuzhou will take this collaboration as a new starting point to fully leverage their complementary strengths and accelerate the commercialisation of AI capabilities, translating technological innovation into tangible business value. In recent years, NetDragon has continued to advance its AI strategy across AI+gaming, AI+education and enterprise intelligence, while actively exploring emerging AI businesses with the potential to establish independent commercial models. Jiuzhou, meanwhile, has built deep expertise in micro-dramas and digital content, with an integrated value chain spanning copyright operations, content creation, co-production, paid distribution and official distribution. It has also continued to expand the use of AIGC across content production, creation and operations. The two parties will further explore the deep integration of AI technology with the content industry, accelerating the implementation of AI capabilities in scenarios such as content generation, AI model applications, translation and localisation, platform operations, and enterprise technology services, to build scalable and sustainable business models.

Following the launch of the MOYU AI platform in August 2026, NetDragon’s investment and controlling stake in the AI Harness business marks another important step in increasing resource allocation to its AI business and broadening its long-term growth pathways. The performance-linked equity incentive collaboration with Jiuzhou is expected to establish a new model of strategic collaboration for NetDragon, enabling the Company and its partners to grow the business together and share in the value created. Looking ahead, NetDragon will remain focused on its core AI business, deepen technological innovation and resource integration, and leverage its established strengths in gaming and education alongside the emerging growth engine of AI ecosystem co-creation. Under this three-pronged strategy, the Company aims to continuously strengthen its core competitiveness, enhance long-term investment value, and deliver sustainable returns to shareholders.

About NetDragon Websoft Holdings Limited

NetDragon Websoft Holdings Limited (HKSE: 777) is a global leader in building internet communities, with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. Over the desktop and mobile internet eras, NetDragon previously established China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless.   

Established in 1999, NetDragon is one of the most reputable and well-known digital entertainment IP developers and operators in China with a history of successful flagship game titles deeply welcomed by users both at home and abroad. For more than a decade, NetDragon has also achieved success with its EdTech business both domestically and globally. Fully embracing the new AI era, NetDragon is driving its vision of “Infinite Growth” through AI-enabled digital entertainment and online learning, whilst building a systematic AI product methodology to create value growth.

NetDragon’s overseas edtech business entity, currently a U.S.-listed subsidiary named Mynd.ai, is a global leader in interactive technology and its award-winning interactive displays and software can be found in more than 2 million learning and training spaces across 126 countries. 

About Jiuzhou Culture

Founded in 2021, Jiuzhou is a leading player in the online micro-drama industry, with an integrated business model spanning copyright operations, content creation, co-production, paid distribution and official distribution. The company has established a comprehensive, end-to-end content ecosystem designed to enhance operational efficiency and unlock synergies across the value chain. Embracing technological innovation, Jiuzhou actively integrates cutting-edge technologies such as AIGC to enhance content quality and creative capabilities. Its self-developed Moss tool has accelerated AI adoption across the entire value chain, leveraging technology to advance the development of the global short drama ecosystem.

In terms of content creation, Jiuzhou has accumulated the rights to more than 4,000 short dramas and has successfully distributed over 1,000 productions. Its portfolio spans more than 20 popular genres, including contemporary drama, romance, campus life, fantasy, suspense and historical fiction, catering to the diverse entertainment preferences of audiences in China and worldwide. By combining paid content, free-to-view short dramas and international expansion, Jiuzhou has developed a distinctive business ecosystem that strengthens its competitive position and drives continued innovation in the micro-drama industry.

Internationally, the company leverages its strengths in content production, audience reach and distribution networks to bring Chinese micro-dramas to global audiences while tailoring its offerings to local tastes and cultural preferences. Its flagship international platform, ShortMax, focuses primarily on North American and European markets, offering a wide selection of localized Chinese dramas and original productions. ShortMax is now available in more than 200 countries and regions worldwide, having achieved peak monthly active users (MAU) of over 30 million, more than 90 million cumulative registered users and 200 million downloads.

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SOURCE NetDragon Websoft Holdings Limited

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