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Ebttikar and MemryX Form Strategic Partnership to Accelerate Computer Vision Edge AI Across Saudi Arabia

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RIYADH, Saudi Arabia, July 9, 2026 /PRNewswire/ — Ebttikar Technology Company, a Saudi technology solutions provider and systems integrator, and MemryX Inc., a developer of edge AI inference accelerator chips, today announced a strategic partnership to accelerate the commercial deployment of production-ready Computer Vision Edge AI solutions across Saudi Arabia, with potential expansion to qualified opportunities in the broader Middle East where Ebttikar has customer engagement and delivery capability.

The partnership combines Ebttikar’s solution development, systems integration, deployment, and lifecycle support capabilities with MemryX MX3 edge AI accelerator chips, Cascade edge AI deployment products, and future generations of MemryX AI accelerator technology.

Through the partnership, Ebttikar will leverage MemryX technology as the preferred acceleration platform for qualified Computer Vision Edge AI deployments where it meets customer, technical, commercial, and regulatory requirements, integrating MemryX hardware into customer solutions spanning camera-rich and sensor-driven environments. The companies will support qualified customer engagements from initial evaluation and proof of concept through pilot validation, production deployment, and long-term lifecycle support.

The collaboration targets real-time video analytics and Computer Vision applications deployed close to where data is generated, reducing dependence on centralized processing for latency-sensitive workloads. Initial focus areas include oil and gas, energy, industrial automation, transportation and logistics, smart cities, security, enterprise facilities, and advanced manufacturing.

The partnership establishes a commercial framework designed to move customer opportunities from technical qualification and pilot programs into production deployments through aligned commercial engagement, technical enablement, supply planning, and long-term lifecycle support. By combining local systems integration expertise with MemryX edge AI accelerator hardware, the companies aim to shorten deployment cycles, reduce deployment risk, and accelerate adoption of edge AI across critical infrastructure and industrial markets.

“Our customers are looking for AI solutions that can move quickly from evaluation to production while meeting demanding requirements for performance, reliability, and data control,” said Ali K. AlBallaa, CEO of Ebttikar Technology Company. “MemryX technology will be the preferred acceleration platform for qualified Computer Vision Edge AI Inference opportunities.”

“Saudi Arabia is moving rapidly from AI ambition to real-world industrial deployment, and Computer Vision Edge AI Inference is central to that shift,” said Ross Jatou, CEO of MemryX. “This partnership combines Ebttikar’s regional integration and delivery expertise with MemryX’s MX3 AI accelerator chips, Cascade edge AI products, SDK, and future accelerator roadmap. Together, we can help customers move from proof of concept to field deployment with low-power, low-latency inference technology built for computer vision at the edge.”

About Ebttikar Technology Company

Ebttikar Technology Company is a Saudi technology solutions provider and systems integrator supporting government and enterprise customers across digital infrastructure, cybersecurity, managed services, cloud, and AI-enabled solutions.

About MemryX Inc.

MemryX Inc. is a fabless semiconductor company focused on AI inference acceleration, with a production-proven “at-memory” dataflow architecture that delivers superior efficiency for edge and data center applications.

Media Contact:
Joe Faris
VP of Sales & Marketing, MemryX
Joe.Faris@MemryX.com

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SOURCE MemryX

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Sopra Steria appoints Laura Chaubard to lead its Defence, Security and Space vertical

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PARIS, July 13, 2026 /PRNewswire/ — A graduate of École Polytechnique, an General Engineer of Armament and former Director General of École Polytechnique, Laura Chaubard is taking over the leadership of Sopra Steria’s Defence, Security and Space vertical. Her appointment accelerates the Group’s sovereignty agenda, at a time when Europe is stepping up its defence spending and mastery of critical technologies is becoming a matter of national security.

 

 

Sopra Steria, a major player in the European tech sector, announces the appointment of Laura Chaubard to lead its Defence, Security and Space vertical, effective the 1st of September 2026; she will join the Group Executive Committee accordingly.

This vertical, which accounted for 13% of the Group’s revenue in 2025, brings together Sopra Steria’s most strategic activities in service of the armed forces, governments and major critical infrastructure. This appointment builds on a momentum already under way and reinforces the Group’s ambition: to be a leading European partner in critical systems, at a time when technological sovereignty is becoming a major strategic issue.

Why this appointment, now

Europe is increasing its spending on defence, security and access to space at a rate not seen in thirty years and is asserting its ambition for strategic autonomy. The choice of players that will design and maintain the critical systems – and their degree of independence from non-European players – is becoming a central question for European strategy.

This is precisely Sopra Steria’s territory. Its Defence, Security and Space vertical designs and integrates the critical systems of armed forces, security services, space organisations and major sensitive infrastructure: command, intelligence, cybersecurity, sovereign data processing, ground segments and space applications. It draws on proven strengths and strategic acquisitions: CS Group in particular, a wholly owned subsidiary, is a recognised integrator of critical defence and security systems. In May 2026, the Group completed the acquisition of Starion and Nexova, which strengthen its sovereign, secure capabilities in space and cybersecurity and consolidate its position as a leading European player in these markets. It is against this backdrop of accelerating growth that Laura Chaubard will take up her role, just as the Group sets out to make defence, security and space one of the engines of its growth in the years ahead.

Rajesh Krishnamurthy, CEO of Sopra Steria, said: “Ambitions are judged by the resources you put behind them. At […]

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BIT Brokerage Launches U.S. Equity Short Selling, Paving the Way for Upcoming Options Rollout

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GELEPHU MINDFULNESS CITY, Bhutan, July 13, 2026 /PRNewswire/ — Following the recent launch of its margin trading feature, BIT (formerly Matrixport) today announced the official rollout of its U.S. equity short selling feature. The milestone closes a critical loop in the brokerage’s long-short trading capabilities, equipping investors with sophisticated tools to hedge risk and navigate volatile market conditions, meanwhile laying a robust infrastructural foundation for our upcoming options trading.

Commenting on the upgrade, Elio Cui, Head of BIT Brokerage, stated: “With the launch of short selling, BIT Brokerage has become one of the very few trading platforms in the industry to simultaneously support margin trading, short selling, and options within U.S. equity framework. From the very beginning, our product roadmap has been built around a comprehensive, institutional-grade toolkit. Within a single account, users can seamlessly integrate long and short strategies alongside risk hedging, navigating different market cycles with greater capital efficiency.”

As it rounds out its U.S. brokerage suite, BIT Brokerage reminds investors that short selling involves market risk and is subject to factors including market volatility, stock borrowing costs, and fluctuating borrow rates. The platform will dynamically adjust its shortable stock list based on market liquidity and internal risk parameters, providing investors with access to eligible U.S. equity short selling opportunities within a robust framework.

To mark the launch, BIT Brokerage is offering limited-time “$0 stock borrowing costs” on eligible shortable stocks. Terms and conditions apply. For details, please check BIT U.S. Equities on X: https://x.com/BITStocks_EN/status/2076543825213005994?s=20

About BIT Brokerage

BIT Brokerage is dedicated to providing global investors with a secure and efficient one-stop U.S. stock investment service. With zero-commission U.S. stock trading and a low-cost fee structure at its core, the platform covers over 10,000 U.S.-listed stocks and ETFs, and innovatively supports near-instant stablecoin (USDT/USDC) deposits and withdrawals alongside traditional USD wire transfer. This allows users to transfer funds seamlessly without relying solely on traditional banking channels, while providing access to shareholder rights, including dividends and voting privileges.

BIT Brokerage is part of the BIT Group. Founded in 2019, BIT is a premier global digital asset financial services group bridging traditional finance and digital markets. BIT manages over US$6 billion in assets under custody and management, driving a monthly trading volume exceeding US$7 billion (as of Q4 2025). 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bit-brokerage-launches-us-equity-short-selling-paving-the-way-for-upcoming-options-rollout-302823678.html

SOURCE BIT

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BIXI is launching in Dorval with six stations

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MONTRÉAL, July 13, 2026 /CNW/ – BIXI is proud to announce the launch of its bike-sharing service in Dorval. This new location strengthens the network in the western part of the Island of Montreal and offers residents a new option for sustainable, active, and flexible transportation.

Six stations have been put into service, offering a total fleet of 66 bicycles, consisting of equal proportions of electric-assist bicycles and regular bicycles.

Located near key areas including sports facilities, green spaces, the waterfront, and the Dorval train station, the new stations will make it easier for residents and visitors alike to get around for daily commutes and recreational activities.

An expanded network in the western part of the island

The arrival of BIXI in Dorval helps expand the service’s reach in the western part of the Island of Montreal and better connect this area to the metropolitan bike-sharing network. It also broadens the transportation options available for short-distance trips and promotes active and sustainable mobility.

With a single app, a flat rate, and unlimited-zone subscriptions, users can enjoy an increasingly vast interconnected network.

“We are very pleased to welcome the BIXI service to Dorval. This initiative is fully in line with our commitment to offering our residents and visitors more sustainable, convenient, and accessible transportation options. By connecting key areas of the city–including the train station, green spaces, and recreational facilities–these new stations will help promote active mobility while enhancing transportation options in our community. “We thank BIXI Montréal and our government partners for their collaboration in bringing this promising project to life for our community,” said Marc Doret, mayor of Dorval.

“We are very pleased to welcome Dorval to the BIXI network. This rollout helps strengthen our presence in the western part of the Island of Montreal and makes bike-sharing accessible to a growing number of people. It is part of our ongoing expansion and responds to a growing demand for more flexible, accessible, and sustainable mobility solutions. “We would like to thank the Dorval administration for its collaboration and for the trust it has placed in us,” said Christian Vermette, General Manager of BIXI Montréal.

Users can now locate stations, check bike availability, and rent a BIXI bike using the BIXI mobile app or the BIXI website.

This project is made possible by a grant of $110,457 awarded under the Ministry of Transport and Sustainable Mobility’s 2025–2026 Financial Assistance Program for the Development of Active Transportation in Urban Areas (TAPU).

About BIXI

BIXI Montréal is a nonprofit organization responsible for managing bikesharing services in Montréal, Laval, Longueuil, Sherbrooke, Westmount, Mont-Royal, Montréal-Est, Dorval, Boucherville, Sainte-Julie, Saint-Lambert, Chambly Terrebonne, Saint-Eustache, Deux-Montagnes, Sainte-Thérèse, Boisbriand et Sainte-Marthe-sur-le-Lac. In 2026, the BIXI network will include more than 13,000 bicycles, including 3,500 electric bikes, at 1,180 stations in 19 cities. Montreal has the largest fleet of electric bikes in Canada, and one of the largest in North America.  

SOURCE BIXI Montréal

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