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GMI Cloud and Magna AI Partner to Expand Global Sovereign AI Infrastructure

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Initial projects are planned in Malaysia, Belgium, and Romania, with additional locations under development

SAN JOSE, Calif., June 5, 2026 /PRNewswire/ — GMI Cloud, a leader in AI-native GPU cloud infrastructure, today announced a strategic partnership with Magna AI Inc. to jointly architect, deploy and scale a global network of sovereign AI Factories (AIFs), with the initial wave of projects architected around NVIDIA Vera Rubin NVL72™. Magna AI, Inc. is a new sovereign AI company born from a partnership between Trend Micro™ and Wistron Digital Technology Holding Company (WDH). Collaborating with NVIDIA, the companies will build and deploy sovereign AI infrastructure, including AI factories, GPU cloud services, and AI security solutions, across Europe, the Middle East, Asia, and Africa.

With confirmed projects breaking ground in Malaysia, Belgium, and Romania later this year, both companies have initiated joint planning activities covering site evaluation, infrastructure architecture, sovereign compliance requirements, and phased deployment models. These regions are experiencing rapidly growing demand for sovereign AI infrastructure, driven by increasing national investment in AI independence, regional digital transformation, and the need for secure, high-performance AI computing capacity. Other locations are currently being finalized in Africa and the Middle East.

The global shift towards sovereign AI is driven by a consensus that dedicated AI computing power is a fundamental pillar of national prosperity. According to McKinsey research, global AI spending could reach $1.3 trillion to $1.5 trillion by 2030. Governments are moving decisively to mitigate the strategic risks of depending on foreign-controlled platforms, data jurisdiction conflicts, and volatile supply chains.

“A nation’s prosperity and security are at risk if it cannot control its own digital destiny. Simply put, sovereign AI is a non-negotiable component of modern statecraft,” said Alex Yeh, CEO of GMI Cloud. “GMI Cloud’s mission is to be the trusted partner for governments in architecting, building, and operating this critical infrastructure. We provide the foundation for them to protect and secure their competitive future.”

The Magna AI and GMI Cloud partnership offers a unique “AI transformation factory” model, providing a comprehensive, secure, and vertically integrated solution. The partnership is distinguished by its unique combination of strengths:

Cybersecurity Leadership: With Trend Micro’s over 37 years of cybersecurity experience, the AI Factories will be built on a world-class security foundation designed to protect sensitive national data and mission-critical AI workloads.Hardware and Integration Expertise: WDH’s extensive experience in hardware manufacturing and systems integration ensures the efficient and scalable production of these complex AI facilities.Proven AI-Native Infrastructure: GMI Cloud brings proven experience in designing and operating AI-native GPU cloud infrastructure optimized for large-scale inference, sovereign AI deployments, and next-generation AI factories.Full-Stack AI Platform: Magna AI brings end-to-end AI transformation, integrating infrastructure, applications, and services into a unified, scalable model for sovereign AI adoption, supporting the next wave of inference-scale AI workloads, agentic AI systems, and national AI platforms requiring secure, high-performance sovereign infrastructure.

“Sovereign AI is becoming a national imperative and the foundation of a nation’s future competitiveness,” said Dr. Moataz Binali, CEO of Magna AI. “Through this partnership,we are supporting sovereign AI initiatives across markets including  Malaysia, Belgium, and Romania, enabling nations to build, control, and scale their own intelligence infrastructure with confidence. By combining GMI Cloud’s AI-native platforms with Magna AI’s sovereign value-chain AI infrastructure, we are enabling nations to move faster from strategy to execution by deploying AI systems that are secure, resilient, and built for long-term economic and technological independence.”

“With over 37 years of cybersecurity expertise, Trend Micro™ brings deep experience to this collaboration, helping secure these AI Factories from the ground up, protect critical data and AI workloads, and reduce risk exposure through advanced threat intelligence. This enables nations to scale AI with control, regulatory compliance, and long-term resilience,” said Oscar Chang, Executive Vice President Research & Development at Trend Micro™.

Commenting on the strategic partnership, 25-year industry veteran from Samp and Acer Robert Hwang, Chairman of WDH, said, “We are proud to partner with GMI Cloud and Magna AI to build a robust AI computing ecosystem that empowers startups and end-users across Asia. This collaboration further solidifies our long-term strategic positioning in the AI infrastructure landscape.”

About Magna AI
Magna AI is a global AI transformation company operating across the full integrated value chain, architecting the future of sovereign intelligence. Through a unified operating model spanning strategy, engineering, integration, and operations, Magna AI designs and delivers secure AI infrastructure, applications, and services that enable measurable, scalable, and long-term transformation. Powered by strategic industry collaborations and next generation technologies from NVIDIA, Wistron Digital Technology Holding Company (WDH), and Trend Micro™, Magna AI helps enterprises and governments evolve into intelligent, adaptive, and future ready organizations.
www.magnaai.com

About GMI Cloud
Silicon Valley-based GMI Cloud delivers full-stack inference-first AI infrastructure to build sovereign and commercial AI deployments. With proven experience deploying AI infrastructure across multiple continents and regulatory environments, GMI Cloud enables nations, enterprises, and research institutions to build AI capabilities without dependence on foreign platforms. For more information, visit gmicloud.ai.

About Trend Micro™
Trend Micro™, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend’s platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro™ enables organizations to simplify and secure their connected world. www.TrendMicro.com.

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SOURCE GMI Cloud

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Texas Instruments board declares third quarter 2026 quarterly dividend

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DALLAS, July 16, 2026 /PRNewswire/ — The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.42 per share of common stock, payable August 11, 2026, to stockholders of record on July 31, 2026.   

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

TXN-G

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Drake Expands End-to-End Professional Services with Launch of Drake Audit Defense™

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New post-filing audit defense service extends Drake Software’s support beyond tax preparation, helping firms save time while delivering greater value to clients.

FRANKLIN, N.C., July 16, 2026 /PRNewswire/ — Drake Software, a leader in professional tax preparation solutions, today announced the launch of Drake Audit Defense™, a new post-filing audit defense service designed to help tax professionals better support their clients after a return is filed. The new offering represents another step in Drake’s continued investment in delivering integrated products and services that support tax professionals throughout the entire client journey—from intake to post-filing.

Enrollment for Drake Audit Defense is available now for Drake Software customers for Tax Year 2026 returns. Customers can enroll by logging into their account at DrakeSoftware.com

Drake Audit Defense provides tax professionals with an easy-to-offer service that helps clients navigate eligible IRS and state tax notices, audit assistance, and qualifying tax-related identity theft assistance. By reducing the administrative burden associated with post-filing issues, firms can spend less time managing notices and audits while providing additional value and peace of mind to their clients.

“Tax professionals are looking for more than software—they’re looking for solutions that help them run more efficient practices and deliver exceptional client experiences,” said Alice Curry, Chief Customer Offer. “Drake Audit Defense is another example of how we’re expanding the Drake ecosystem with integrated services that support firms before, during, and after tax season.”

“Our goal is to make it easy for firms to manage the products and services they rely on in one connected Drake experience,” said Curry. “By integrating Drake Audit Defense alongside our growing portfolio of workflow solutions and enhancements, we’re giving customers greater visibility into their practice, fewer administrative tasks, and a simpler way to manage their business while delivering even more value to their clients.”

Drake Audit Defense is designed specifically for Drake Software customers and integrates seamlessly into existing workflows, making it simple to enroll clients during the tax preparation process while providing trusted support by credentialed tax experts when post-filing issues arise.

About Drake Software

For more than four decades, Drake Software has provided innovative tax preparation and practice management solutions that help tax professionals serve their clients with confidence. Today, Drake continues to expand its ecosystem with integrated products and services that support firms from client intake through post-filing, helping practices work more efficiently while delivering exceptional client experiences.

Media Contact:
Colleen Woods Heikka
Sr. Director, Product Marketing
Colleen.woods@Taxact.com

+1-781-588-6339

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IronSpark Studios Launches in Birmingham, AL

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IronSpark is a new creative studio focused on animation, game development, and interactive experiences.

BIRMINGHAM, Ala., July 16, 2026 /PRNewswire/ — Storytelling has a new home in Birmingham, Alabama, with the launch of IronSpark Studios, a creative media company focused on animation, game development, and interactive experiences. Guided by its mission to build stories that engage, excite, and entertain, IronSpark Studios develops original and client-driven intellectual property and digital experiences.

Production is shifting away from traditional big studios and moving rapidly toward independent creators and agile, small studios. Founded on the belief that world-class creative belongs in Birmingham, IronSpark Studios collaborates with local creatives, businesses and organizations while working to attract animation, game development and interactive media production to the region.

“Our vision is to create experiences that inspire audiences, spark imagination and leave a lasting impact,” said Brass Bralley, co-founder and managing director. “We believe Birmingham is a place where creative talent can grow, collaborate and help shape the future of storytelling.”

The studio operates through three divisions—Animation, Games and Interactive—creating content for film, commercial projects, video games, immersive exhibits and emerging digital experiences.

IronSpark Studios is partnering with clients and intellectual property owners while developing original projects of its own, helping bring more animation, game development, and interactive media production to Birmingham.

“I’ve chosen to build many businesses in the Birmingham ecosystem, and the choice to build IronSpark here was a simple one,” said Mazi Rasulnia, co-founder and consulting partner.  “Birmingham has a vibrant community of innovators and creators, and IronSpark will be a great addition.”

Among those projects is its first original animated short film, The Purple Sky Peanut Butter Club. Based on a true story of heroism and sacrifice, the dialogue-free animated short explores the power of small traditions and their ability to provide healing through grief and transcend generations.

“The stories we create are meant to connect people,” said Wink Winkler, co-founder and head of creative. “Whether that’s through film, series, a video game or an interactive experience, at the end of the day, the story is at the heart of everything we create.” 

Contact: Brass Bralley, Co-Founder and Managing Director, Brass@ironsparkstudios.com

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SOURCE IronSpark Studios

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