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Robo.ai Announces Acquisition of Data Processing and Compression Technology Company Neurovia, Building Data Infrastructure for the Machine Economy

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6 months ago

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DUBAI, UAE, May 8, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO) (the “Company” or “Robo.ai”) today announced an agreement to acquire 100% of the equity interest in Neurovia AI Limited (“Neurovia”), a technology company specializing in data processing and compression, for a total consideration of $100 million. The closing of the transaction remains subject to the satisfaction of customary closing conditions.

This acquisition accelerates Robo.ai’s development of foundational infrastructure for physical artificial intelligence. The transaction is structured entirely in stock, reflecting an alignment of core interests and a shared objective to build a global AI infrastructure and machine economy ecosystem.

As the industry transitions from digital AI to physical AI, a primary operational requirement is the efficient storage, processing, transmission, analysis, and management of real-world data. Neurovia’s management noted that video data acts as the primary data inlet in the physical AI era, presenting a continuous challenge regarding the global compression, real-time transmission, edge processing, and cloud analysis of the massive data generated by AI machines. Management stated that Neurovia’s underlying technology directly addresses this industry requirement and that integrating with Robo.ai will contribute to building a data infrastructure for smart devices worldwide.

Following the acquisition, Robo.ai plans to upgrade its relevant business lines from traditional video codec operations to a comprehensive global AI video data infrastructure platform. This upgraded infrastructure will support various intelligent terminals and core use cases, encompassing robotaxis, autonomous vehicles, unmanned delivery systems, smart cities, AI camera networks, drone platforms, humanoid robots, and smart manufacturing systems.

The transaction structure is designed to ensure a long-term alignment of strategic and commercial interests. The acquisition consideration will be paid entirely through the issuance of Robo.ai’s Class B ordinary shares. This all-stock structure allows Robo.ai to maintain a solid balance sheet and adequate liquidity to fund ongoing research and development as well as market expansion, while demonstrating the Neurovia team’s recognition of the Company’s development potential. To ensure operational continuity and steady business growth, the parties have established a strict equity lock-up mechanism. All issued shares will be subject to a complete lock-up for the first three years following the closing. Starting in the fourth year, the shares will vest gradually over a subsequent five-year period, resulting in a total lock-up schedule of eight years. This structure is intended to secure the long-term core interests of all shareholders and ensure the Neurovia team’s commitment to the Robo.ai ecosystem.

Over the next decade, Robo.ai plans to focus on the closed-loop integration of AI hardware, video data, edge AI, and blockchain to build a complete machine economy ecosystem. The Company is actively advancing its strategic footprint in core markets across the Middle East and Asia, focusing on global commercial opportunities in smart cities, sovereign AI infrastructure, and autonomous driving. Recognizing real-world data as a core asset in the AI economy, Robo.ai will continue to explore application scenarios, including on-chain identities for AI devices, video data assetization, AI data rights confirmation, and stablecoin payments, aiming to construct a highly coordinated global AI machine network.

About Neurovia AI Limited

Neurovia AI Limited (www.neuroviaai.ae) is a provider of AI data processing and compression technology. The company focuses on AI video compression, edge computing, and real-time analysis to resolve data transmission and computation bottlenecks. By building low-latency data infrastructure for the physical AI era, Neurovia supports applications across autonomous driving, smart cities, unmanned devices, and smart manufacturing.

About Robo.ai Inc.

Robo.ai Inc. (NASDAQ: AIIO) is a technology company dedicated to building a leading global artificial intelligence machine economy platform. Its mission is to integrate “AI Software, Intelligent Hardware, and Smart Assets” to construct a unified AI operating system and an ecosystem empowered by blockchain, pioneering an intelligent future.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated; for further details, please refer to the Company’s filings with the U.S. Securities and Exchange Commission.

 

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SOURCE Robo.ai Inc.

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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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3 hours ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

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SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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4 hours ago

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

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SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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4 hours ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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