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Axiom and Legora Mark One Year of Delivering AI-Enabled Legal Services at Scale for In-House Legal Teams

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Legora and Axiom combine advanced legal AI technology with flexible, AI-enabled legal talent to help in-house legal teams drive measurable results across high-volume legal work.

NEW YORK and STOCKHOLM, June 17, 2026 /PRNewswire/ — Axiom and Legora, the agentic AI platform for legal professionals, today marked one year since Legora became part of Axiom’s AI Tech+Talent portfolio. Shared client results across healthcare, aerospace, real estate, and manufacturing show that the combination of Legora’s purpose-built legal AI and Axiom’s AI-enabled legal talent is delivering faster turnarounds, cleaner data, and significant cost savings for in-house legal teams managing high-volume legal work.

“Legal leaders are done waiting for AI to prove itself. They need solutions that are already driving measurable results on real matters,” said David McVeigh, Chief Executive Officer at Axiom. “Legora has emerged as one of the most innovative platforms in legal technology, and together we’re helping clients improve speed, efficiency, and business impact by pairing Legora with Axiom’s flexible, AI-enabled legal talent.”

The results are clear: organizations across multiple sectors are using Axiom and Legora to streamline complex, high-volume legal workflows with greater speed, accuracy, and efficiency while reducing spend and minimizing the need to expand internal teams. Across shared engagements, clients have cut review timelines from months to weeks, reduced legal resource requirements, improved data quality, and achieved meaningful savings when compared with traditional delivery models.

Global Manufacturer: Axiom deployed an AI-enabled legal team that used Legora to review more than 16,000 legacy agreements ahead of a major corporate transaction, identifying roughly 1,500 contracts with change-in-control language and creating 185 contract families tied to unfavorable terms. The client cut the review timeline from one year to five weeks — a roughly 90% reduction — while saving $477,000 compared to a non-AI-enabled team solution and gaining structured, human-validated contract data to support negotiations with confidence.Aerospace Technology Company: Axiom deployed Legora alongside an AI-enabled legal professional with Ironclad expertise to categorize, upload, and extract key metadata from 1,400 contracts into the client’s Ironclad CLM system. The engagement helped the client complete a long-overdue CMS overhaul without requiring a single in-house resource, while delivering 20-30% higher accuracy than the client’s own CMS AI tool and giving the legal team a faster, more reliable path to usable contract data inside its CLM environment.Real Estate Manager: Axiom deployed Legora to digitize and extract key data from 2,000 leases across a newly acquired portfolio of 93 commercial properties, saving over half a million dollars compared to a non-AI solution and cutting per-lease review time by more than half. The engagement also reduced the legal resources required from five lawyers to one — an 80% reduction in staffing needs for the review.Fortune 10 Healthcare Company: Axiom deployed an AI-enabled senior lawyer who used Legora to process 344 supplier contracts for a Fortune 10 healthcare company, migrating hundreds of agreements ahead of a product launch. The client saved 70% compared to the cost of sending the work to outside counsel, completed the project with properly categorized agreements, and finished the work in days rather than weeks.

Axiom’s and Legora’s shared in-house clients gained immediate visibility into obligations, risks, commercial terms, and transaction-critical contract data at a speed and cost that traditional outside counsel cannot match. By combining Axiom’s AI-enabled legal talent with Legora’s purpose-built legal AI, they compressed review timelines, reduced manual legal effort, and moved high-volume legal work forward with greater confidence and control.

“In-house legal teams are managing more work volume, under more pressure, than ever before,” said Max Junestrand, CEO and Co-Founder of Legora. “Pairing Legora’s collaborative AI with Axiom’s flexible, AI-enabled legal talent gives clients a faster, more reliable path to real outcomes on high-volume legal work. This reflects how we build at Legora: deeply integrated with a partner that in-house legal teams trust and focused on helping lawyers deliver their best work.”

“The teams getting AI right are not the ones moving fastest. They are the most disciplined,” said Chris Frickland, Vice President, AI Solutions at Axiom. “Success comes from pairing the right technology with the right legal talent, workflows, and oversight from the start. The real value is unlocked when experienced legal professionals know how to apply AI to the right use cases and in the right way. That is exactly what Axiom’s AI Tech+Talent model delivers with Legora, and a year of client results proves it.”

Together, Axiom and Legora are purpose-built for that demand across contract remediation, CLM migration, M&A and transaction diligence, regulatory response, data extraction, and large-scale document review.

Explore AI Tech+Talent and learn more about Axiom and Legora

For more information about Axiom, visit www.axiomlaw.com. For more information about Legora, visit legora.com. Connect with both companies on LinkedIn: Axiom | Legora.

About Axiom
As the leading alternative legal services provider globally, Axiom Law gives in-house legal teams on-demand access to top legal talent and lawyers — deployed when, where, and how clients need it, for up to 50% less than national law firms.

Axiom’s network of 14,000+ legal professionals includes 4,000+ lawyers with Fortune 500 experience, delivering AI-enabled legal services across more than 12 practice areas: M&A, regulatory compliance, data privacy, labor and employment, technology and AI, and more. Engagements range from legal secondments and complex project support to fully embedded team solutions.

The results speak for themselves. Trusted by 75% of the Fortune 100 and thousands of mid-market leaders, Axiom ranks #1 among Alternative Legal Service Providers in 8 of 9 performance categories — including talent quality, breadth, productivity, and client experience — according to a top 5 global consulting firm. Across more than 3,000 engagements annually in 6 regions and 4 continents, 93% of clients rate Axiom lawyers as good as or better than top law firm attorneys, with 96% client satisfaction and measurable cost savings that reduce outside counsel spend without sacrificing quality.

Stop overpaying for law firm work. Start with Axiom. For more information, visit www.axiomlaw.com.

About Legora
Legora is the agentic operating system for legal work, supporting lawyers in research, review, and drafting across complex matters. It is used by more than 100,000 legal professionals at more than 1,200 leading law firms and in-house legal teams across over 50 markets.

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SOURCE Axiom

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Machtravel.com and Mach Travel App Open for Public Beta Testing

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NEW DELHI, Sept. 1, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), a publicly listed technology-enabled travel solutions company, today announced that its B2C Online Travel Agency (OTA) platform, Machtravel.com, along with the Mach Travel mobile application, is now open for public beta testing.

During the public beta phase, users can access and explore multiple travel services on Machtravel.com, including Flights, Hotels, Holidays, MICE, Cruises and Visa services. The platform brings these offerings together under a single digital ecosystem, with a focus on technology, ease of use and competitive pricing.

The public beta marks an important milestone in the development of the Company’s B2C travel platform and allows users to experience the platform ahead of its full commercial launch.

The Company invites its shareholders, customers, travel partners and the wider public to explore the website and mobile application, test the booking experience and share their feedback. Inputs received during the beta phase will help the Company further refine the platform, enhance functionality and improve the overall user experience.

As the platform is currently in its beta phase, users may experience slower responsiveness, and certain features and functionalities may continue to be added, modified or optimized. The Company intends to progressively enhance the platform based on real-world usage and feedback received during the testing period.

Commenting on the commencement of public beta testing, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said:

“Opening Machtravel.com and the Mach Travel App for public beta testing is an important milestone in our B2C journey. Our ambition goes far beyond building another online travel booking platform. Our mission is to revolutionise the way travel is searched, planned and booked by combining technology, a seamless user experience and competitive pricing on a single platform.

This is only the beginning. The platform is currently in beta, and we want our users to be an active part of its evolution. We invite our shareholders, customers, partners and the wider public to test the platform extensively and tell us what works, what does not and what they would like us to build next. Our objective is to continuously improve the platform through technology and customer feedback and build a travel experience that delivers both convenience and value.”

The public beta represents another step in Mach Travel Solutions’ transformation and its strategy to build a comprehensive travel ecosystem across both its existing businesses and emerging digital B2C offering.

Public Beta Website: https://www.machtravel.com/ 

About Mach Travel Solutions Limited

Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects. The Company is also developing a B2C Online Travel Agency (OTA) platform as part of its strategy to build a comprehensive travel ecosystem.

The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru, Bhubaneswar and Ahmedabad, and is accredited by and associated with leading national and international travel associations, including IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKAL International, JATA, ICPB, EGAC and NIMA. For more information, please visit https://www.machtravelsolutions.com/

Contact Details

Mach Travel Solutions Limited
Ms. Yashashvi Srivastava
Company Secretary & Compliance Officer
Email: compliance@machtravel.com 
Website: https://www.machtravelsolutions.com/ 

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future/likely events or circumstances.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/machtravelcom-and-mach-travel-app-open-for-public-beta-testing-302865691.html

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XPENG Announces Vehicle Delivery Results for August 2026

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GUANGZHOU, China, Sept. 1, 2026 /PRNewswire/ — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its vehicle delivery results for August 2026.

XPENG delivered 39,107 vehicles in August 2026, up 4% year-over-year.

On August 11, 2026, the XPENG G9L made its official debut and commenced pre-sales in the Chinese mainland.

In August, XPENG Robotaxi business validation gained further progress. The Company secured a permit to conduct remote testing of intelligent connected vehicles in Guangzhou, allowing road trials without an onboard safety operator on designated Level 1, 2 and 3 test roads across the city and marking a key milestone toward fully driverless road testing.

XPENG’s electric vehicles delivered from January to August 2026 are expected to reduce life-cycle greenhouse gas emissions by more than 3.72 million tons compared to internal combustion engine vehicles, equivalent to the carbon absorbed by 61.6 million young trees over 10 years.

About XPENG

XPENG is a leading global Physical AI company, dedicated to bringing artificial intelligence into the physical world to reshape future mobility and smart living. Through in-house R&D, XPENG has developed a full-stack Physical AI architecture spanning Turing AI chips, world foundation models, and highly integrated software and hardware applications. This unified technology foundation of XPENG powers an expansive product portfolio of smart EVs, robotaxis, and humanoid robots, advancing the deployment of Physical AI at scale. Headquartered in Guangzhou, China, XPENG is dual-primary listed on the New York Stock Exchange and the Hong Kong Stock Exchange. With global capabilities across R&D, manufacturing, sales, and services, XPENG drives continuous technological innovation and fosters an open Physical AI ecosystem, making life smarter, safer, and better for users worldwide. For more information, please visit https://www.xpeng.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about XPENG’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG’s goal and strategies; XPENG’s expansion plans; XPENG’s future business development, financial condition and results of operations; the trends in, and size of, China’s EV market; XPENG’s expectations regarding demand for, and market acceptance of, its products and services; XPENG’s expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG’s filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contacts:

For Investor Enquiries:

IR Department
XPeng Inc.
Email: ir@xiaopeng.com 

Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: xpeng@tpg-ir.com 

For Media Enquiries:

PR Department
XPeng Inc.
Email: pr@xiaopeng.com

View original content:https://www.prnewswire.com/news-releases/xpeng-announces-vehicle-delivery-results-for-august-2026-302865698.html

SOURCE XPeng Inc.

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Ripple and SettleMint partner to provide digital asset custody and tokenization for financial institutions in Asia Pacific

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New integration between Ripple Custody and SettleMint’s Digital Asset Lifecycle Platform gives regulated financial institutions a single, connected foundation to issue, manage, and operate digital assets across their full lifecycle.

SINGAPORE, Sept. 1, 2026 /PRNewswire/ — Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, and SettleMint, a global leader in Digital Asset Lifecycle Management, have announced today a strategic partnership offering regulated financial institutions a unified solution to custody, issue, and manage tokenized assets across their full lifecycle. The partnership integrates Ripple Custody, Ripple’s institutional-grade digital asset custody infrastructure, and SettleMint’s DALP (Digital Asset Lifecycle Platform).

Ripple Custody provides institutional-grade digital asset custody infrastructure and has continued to expand its capabilities over the past year through new partnerships with Securosys and Figment, integration with Chainalysis, and the acquisition of Palisade, simplifying procurement and giving banks, fintechs and corporates a faster, less complex way to secure digital assets, stablecoins and real-world assets.

In parallel, SettleMint’s DALP offers an institutional-grade, entirely composable digital asset lifecycle platform, designed for regulated financial institutions, market infrastructure operators, and sovereign entities. DALP is already in use across production and pre-production programmes with institutions in North America, Europe, the Middle East, and Asia Pacific, and provides these institutions the ability to design, issue, and manage tokenized real-world assets. Unlike point solutions that only handle token creation, DALP serves as a unified, governed control plane that manages the entire lifecycle of an asset post-launch. Issuance, compliance, custody, settlement, and servicing are managed on a single platform, without multi-vendor assembly, without reconciliation gaps, and with a controlled transition from pilot to production.

The combination of Ripple’s custody solution and SettleMint’s DALP platform means an institution can hold and manage digital assets in a regulated, compliant and safe way across the full lifecycle through one integrated solution, instead of operating across separate vendors for custody, issuance, compliance and servicing. This includes compliance and permissioning controls required by heavily regulated institutions.

Ripple and SettleMint have already commenced their partnership offering in Asia and plan to extend this to other markets as institutional demand develops.

The integration of digital assets and tokenized financial products has become essential for the future of banking and the traditional financial sector. In Boston Consulting Group’s report, “The Future of Digital Assets,” published in May 2026, the firm identifies the shift toward digital assets as a fundamental restructuring of financial infrastructure, projecting that tokenized real-world assets could reach $88 trillion by 2035. The report warns that traditional banks failing to adapt to this digital shift face a potential 30% reduction in profits by 2035.

The report also noted that banks can leverage tokenized products to transition from traditional intermediation to infrastructure orchestration, creating new revenue streams through tokenized funds, automated collateral mobility, and advanced custody solutions.

Fiona Murray, Managing Director, Asia Pacific at Ripple, said: “Financial institutions across Asia Pacific are putting digital assets to work. They are asking how to do more without stitching together separate solutions for custody, issuance and governance. This partnership gives them the foundation to roll out digital assets and future-proof them from there: Ripple Custody to hold and govern the asset, and SettleMint to manage its entire lifecycle.”

“Global capital markets are moving fully on-chain, and that shift only works when digital asset custody and lifecycle management operate as one system rather than two,” said Adam Popat, CEO of SettleMint. “Combining Ripple Custody and  DALP gives institutions that single foundation, and this partnership lets us bring it to regulated markets globally.”

About SettleMint

SettleMint, headquartered in Leuven, Belgium, with offices in the UAE, Singapore, and Japan, is the company behind DALP, the entirely composable Digital Asset Lifecycle Platform. DALP enables financial institutions, market infrastructure operators, and governments to build, deploy, and manage digital assets and blockchain applications at scale.

About Ripple

Founded in 2012, Ripple is the leading provider of blockchain-based enterprise solutions across traditional and digital finance. Its solutions span global payments, custody, liquidity, and treasury management, serving as a one-stop shop for moving, storing, exchanging, and managing value. Ripple’s stablecoin, RLUSD, and the cryptocurrency XRP underpinning these solutions, allow Ripple and its customers to shape the modern financial system.

Media Contacts

SettleMint: Lara Abdul Malak, lara@settlemint.com, Tel: +961 3 748 689

Ripple: Hsueh Mei Tan, press@ripple.com 

View original content:https://www.prnewswire.co.uk/news-releases/ripple-and-settlemint-partner-to-provide-digital-asset-custody-and-tokenization-for-financial-institutions-in-asia-pacific-302865194.html

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