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Terra AI raises $20M to Accelerate Mineral and Reservoir Exploration to Meet Global Critical Mineral and Energy Demands

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The fundraiser included a Series A investment led by Khosla Ventures and strategic investment from BHP Ventures

PALO ALTO, Calif., June 3, 2026 /CNW/ — Terra AI, the artificial intelligence platform helping solve subsurface uncertainty for mineral and energy development, today announced it raised $20 million Series A led by Khosla Ventures and strategic investment from BHP Ventures.

Terra AI’s patented technology integrates nearly every type of exploration data to generate millions of geological models, enabling teams to evaluate a comprehensive range of potential subsurface scenarios. This allows project teams to identify the best drilling and geophysical approaches to reduce key uncertainty and rigorously assess project economics earlier than ever before. By going beyond geological visualization and delivering risk-quantified decision insights, Terra AI helps explorers on virtually every important decision across their portfolio from determining which assets to acquire in a portfolio to accelerating and de-risking resource development efforts. The outcome: resource pipelines are developed faster and more efficiently to help the world meet its resource needs.

“Explorers today face increasing complexities like rising project uncertainty and immense pressure to bring new resources online faster,” said John Mern, CEO Terra AI. “This investment enables us to move to the next phase of Terra AI’s growth by scaling our generative modeling engine, accelerating enterprise-grade deployments, and advancing the subsurface inference technology the industry needs to meet critical mineral demand.”

Typically, new discoveries require an average of 17 years to advance to production. Terra AI’s platform integrates explorers’ full dataset to produce geologically realistic 3D models that map assets and uncertainty in minutes, allowing developers to make more informed decisions faster. Its geology reasoning agent works with operators to create precise and optimized exploration plans, enabling teams to develop critical assets with minimal time, cost, and environmental disruption. The same platform is now being applied to carbon storage sites where understanding subsurface uncertainty is equally critical to selecting safe, permanent storage locations.

“The world’s ability to discover and develop critical resources is fundamentally constrained by outdated, fragmented exploration,” said Rajesh Swaminathan, Partner at Khosla Ventures. “Terra AI is defining a new, AI-native exploration approach with their continuously improving 3D Earth model. We believe their technology will dramatically accelerate the development of the critical minerals the world needs, and we’re excited to help them scale this vision globally.”

Over the past year, Terra AI has demonstrated modeling capabilities on mining and reservoir projects from early exploration through production and has built strong early momentum with a growing roster of commercial customers across copper, gold, REE, and reservoir projects.

Its technology addresses the longest, most capital-intensive, and uncertain phase of subsurface resource development. Terra AI’s modeling will dramatically compress the time and capital required to define deposits and reservoirs, opening ways to assess and develop resources at higher fidelity.

“Successful exploration depends on reducing geological uncertainty and progressing opportunities efficiently,” said Laurel Buckner, VP of Ventures at BHP. “Terra AI’s technology has the potential to improve drill targeting, support faster prospect evaluation, and help explorers focus capital on the highest-value opportunities.”

The capital will accelerate deployment of Terra AI’s generative geological modeling platform across mining, enhanced geothermal, and carbon storage.

To learn more, read Terra AI’s Series A Announcement.

About Terra AI:
Terra AI solves the world’s most critical subsurface problems with cutting-edge artificial intelligence. The company’s patented platform fuses geophysics, geochemistry, and drilling data to generate probabilistic models of the underground–driving faster, more accurate, and lower-cost resource exploration. Backed by Khosla Ventures, BHP Ventures, Rio Tinto, and others, Terra AI is already being adopted in the field and creating value for priority projects with the world’s leading resource companies. Learn more at www.terraai.com.

About Khosla Ventures:
Khosla Ventures is a venture capital firm focused on investments in artificial intelligence, financial services, healthcare, consumer, enterprise, and sustainability sectors. It is known for making early capital investments in startups such as OpenAI, Instacart, Affirm, DoorDash, and Block. https://www.khoslaventures.com/

About BHP Ventures:
BHP Ventures is the in-house venture capital arm of BHP Group Limited. The fund invests in breakthrough technologies, shaping the future of BHP and the global resources industry. BHP Ventures complements the innovation already underway within BHP by enabling new partnerships and creating opportunities to strengthen the company’s portfolio and lower emissions. BHP is a global resources company that produces essential commodities the world needs, including iron ore, copper, steelmaking coal – and soon potash. With operations and projects in over 90 countries around the world, BHP is the world’s largest copper producer.

View original content to download multimedia:https://www.prnewswire.com/news-releases/terra-ai-raises-20m-to-accelerate-mineral-and-reservoir-exploration-to-meet-global-critical-mineral-and-energy-demands-302789507.html

SOURCE Terra AI, Inc

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Advantech Strengthens Industry-Academia Collaboration Through Regional AIoT Hackathon 2026

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SINGAPORE, July 29, 2026 /PRNewswire/ — Advantech Co. Singapore Pte. Ltd., in collaboration with Singapore Polytechnic (SP), successfully organized the Advantech AIoT Regional Hackathon 2026, one of the flagship initiatives under the SP–Advantech AIoT Co-Creation Lab. Held under the theme “Hack the Future,” the programme reaffirms Advantech’s long-term commitment to developing future-ready AIoT talent, strengthening Industry–Academia collaboration, and accelerating innovation across Southeast Asia.

The regional competition brought together 18 student teams from Singapore, Malaysia, and Batam, Indonesia, providing a platform for aspiring innovators to apply Artificial Intelligence of Things (AIoT) technologies to solve real-world industrial challenges. As industries continue to accelerate digital transformation, the demand for AIoT professionals equipped with practical experience and multidisciplinary skills continues to grow. The Hackathon bridges academic learning with industry application by enabling students to gain hands-on experience in industrial automation, intelligent edge computing, and AIoT solution development.

Throughout the programme, participants attended structured technical training, received mentorship from Advantech engineers and industry professionals, and developed innovative prototypes using the Advantech ADAM-6717SK Industrial IoT Gateway and industrial edge technologies. Beyond strengthening technical competencies, the Hackathon fostered creativity, teamwork, design thinking, and problem-solving—essential capabilities for the next generation of AIoT innovators and digital transformation leaders.

The Regional AIoT Hackathon forms part of Advantech’s broader Industry–Academia collaboration strategy to cultivate AIoT talent through experiential learning and industry engagement. Together with SP, Advantech continues to expand opportunities through the SP–Advantech AIoT Co-Creation Lab, technical workshops, industry mentorship, internships, collaborative innovation projects, and applied research. These initiatives bridge the gap between academia and industry, equipping students with practical skills while strengthening the regional AIoT ecosystem and supporting the development of future-ready engineering talent.

“At Advantech, we believe innovation is driven by strong collaboration between industry and academia. The Regional AIoT Hackathon provides students with the opportunity to apply AIoT technologies to real-world industrial challenges while gaining valuable mentorship from industry professionals. Through initiatives such as the SP–Advantech AIoT Co-Creation Lab, we are developing future-ready talent and empowering the next generation of innovators to accelerate digital transformation across industries,” said Vincent Chang, Managing Director, Asia & Intercontinental Region, Advantech.

The finalist teams will present their AIoT innovations before a panel of judges comprising representatives from Advantech, SP, and industry partners. The winners will be announced during the Advantech Strategic Forum, held in conjunction with Automation SolutionGO! x  Regional Industry Networking Conference (RINC) 2026, on 29 July 2026.

Through continued collaboration with academia, industry, and ecosystem partners, Advantech remains committed to advancing AIoT innovation, empowering future talent, and enabling an intelligent and connected world through digital transformation.

About Advantech

Founded in 1983, Advantech is a global leader in providing trusted innovative embedded and automation products and solutions. The company empowers an intelligent planet through IoT and AIoT technologies that enable smarter, more sustainable industries. With over 40 years of experience and a strong presence in more than 90 cities worldwide, Advantech continues to collaborate with partners and customers to deliver Edge Intelligence for a Sustainable Future.

View original content:https://www.prnewswire.com/apac/news-releases/advantech-strengthens-industryacademia-collaboration-through-regional-aiot-hackathon-2026-302836456.html

SOURCE Advantech

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TPIsoftware Partners with Juxta to Bring Advanced, Satellite-Free Positioning Tech into Security Sectors

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TAIPEI, July 29, 2026 /PRNewswire/ — TPIsoftware has signed a global reseller agreement with Juxta, a US-based tech innovator specializing in Universal Positioning System (UPS), to deliver geospatial tracking applications to customers across regions.

Through this agreement, TPIsoftware will help manage the reselling network and provide system integration services across multiple regions. Juxta’s proprietary UPS technique will be incorporated into TPIsoftware’s integrated AI solutions to enable autonomous, real-time positioning for enhanced tracking accuracy and security in disaster prevention and mitigation, healthcare and logistics management to build resilience against signal jamming and interference. 

The Global Positioning System (GPS) has been widely used but faces vulnerabilities such as limited coverage, signal jamming and spoofing due to its reliance on satellites for navigation. To address these challenges, Juxta’s UPS is built with Inertial Measurement Unit (IMU) sensors and advanced machine learning to achieve real-time navigation, asset tracking and workflow automation without expensive hardware like receivers, beacons and cameras. 

UPS supports sub-meter tracking accuracy anywhere on Earth even in circumstances where GPS is denied and the signal is obstructed. UPS has been field-tested and deployed across government, defense, logistics, and healthcare environments where reliable positioning is critical. It can support full-scale operation monitoring, continuous positioning inside tunnels, indoor and underground space, and navigation for unmanned systems operating in mountainous or remote areas where signal reception is limited or disrupted. The technology has also been applied to healthcare asset tracking, warehouse and logistics operations, and other mission-critical environments requiring continuous, infrastructure-free positioning.

“Partnering with TPIsoftware strengthens our regional presence, allowing us to tap into their integration capabilities and established networks to enter broader markets across APAC,” said John Ferrara, Juxta Founder and CEO. “Designed to overcome the limitations of traditional tracking technologies, our revolutionary Universal Positioning System (UPS) delivers a hardware-free, offline-capable platform that transforms any environment into an intelligent, continuously trackable space.”

“The strategic collaboration extends our reach to industries with higher compliance standards while enabling deeper integration of our proprietary AI solutions with Juxta’s positioning capability,” said Yilan Yeh, TPIsoftware General Manager. “By leveraging Juxta’s accurate positioning and anti-jamming techniques, we can further support customers in healthcare, disaster prevention and logistics sectors in Taiwan and those beyond APAC with on-premises AI deployment for enhanced data sovereignty, security and resilience.”

About TPIsoftware
Founded in 2005, TPIsoftware is a leading Taiwan-based software provider specializing in proprietary enterprise solutions for mission-critical systems, artificial intelligence, cybersecurity and sustainability management. With a strong global footprint in Vietnam, Singapore, Thailand and Japan, TPIsoftware builds robust, scalable infrastructure and delivers integrated solutions for the financial, healthcare, government and manufacturing industries, empowering digital transformation for greater agility and a competitive edge.

View original content:https://www.prnewswire.com/apac/news-releases/tpisoftware-partners-with-juxta-to-bring-advanced-satellite-free-positioning-tech-into-security-sectors-302836288.html

SOURCE TPIsoftware

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Manhattan Associates Introduces Sightline™, Bringing Decision Intelligence to Supply Chain Planning

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New capability reveals the reasoning behind every AI-driven forecast, recommendation, and inventory decision in ActivePlanning, deepening planner trust by turning hours of off-system investigation into in-application answers within seconds

SYDNEY, July 29, 2026 /PRNewswire/ — Manhattan Associates Inc. (Nasdaq: MANH), the global leader in native AI-empowered supply chain commerce solutions, has unveiled Sightline, a new capability within ActivePlanning™, to reveal the reasoning behind AI-driven forecasts, recommendations, and inventory decisions in plain business language.

Sightline brings the “why” behind projected outcomes directly into the application, from a single order line to an entire network. It gives planners forensic-level understanding of the factors shaping forecasts, orders, and inventory positions, including forecast inputs, safety stock decisions, vendor minimums, lead times, promotional effects, fulfillment shifts, and network movements.

For decades, planners have had to leave the system and work in external analysis tools to understand the logic behind planning decisions. Sightline changes that by delivering real-time, in-application analysis that turns hours of off-system investigation into answers in seconds. Planners can quickly understand why a forecast changed, why a projection ran high or low, or what factors drove a recommendation.

Advanced AI forecasting can often feel like a black box that requires a data scientist to do the analysis. Forecasts get adjusted by AI, replenishment recommendations come from AI, and allocation decisions get nudged by AI. Practitioners often have difficulty understanding exactly why it’s doing what it’s doing. But with Sightline they get real-time, in-application analysis, turning hours of investigation into answers in seconds.

Sightline also introduces dynamic, configurable views built around how planners actually work, whether by role, promotion, activity, or a combination of those perspectives. These views across forecasts, order projections, and planned inventory levels are enabled through a new configurable workspace for planners, reducing time spent answering routine “why” questions and eliminating the need for third-party business intelligence tools or Excel.

“At Manhattan, we are committed to continuous innovation and simplification, which helps our customers work smarter and move faster,” said Brian Kinsella, senior vice president and chief product officer at Manhattan. “With Sightline, we’re giving planning teams a powerful new way to understand the drivers behind every outcome, accelerate decision-making, and drive higher productivity across the supply chain.”

Sightline establishes a new mandate for planning software by embedding explainability directly into the planning system, so users can investigate outcomes where decisions are made.

ABOUT MANHATTAN ASSOCIATES

Manhattan Associates is a global technology leader, providing supply chain and omnichannel commerce solutions with unmatched AI capabilities. We design, build, and offer best-in-class, AI-powered, cloud-based solutions that drive resilience and efficiency for businesses. We enable enterprises to uniquely unify front-end sales with back-end supply chain execution.

Our commitment to innovation, cloud-native platform, and API-first architecture creates simpler experiences and faster paths to value for our customers. We empower them to preempt and react to emerging trends and global disruptions with technical expertise and operational confidence, transforming challenges into competitive advantage. For more information, please visit www.manh.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/manhattan-associates-introduces-sightline-bringing-decision-intelligence-to-supply-chain-planning-302837178.html

SOURCE Manhattan Associates Inc.

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