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MemoryBox.ai Announces Beta Launch of Private AI Memory for Power Users

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MemVerge’s consumer product gives individuals sovereign control over their AI Memory — so their AI applications and agents produce better results while incurring less cost

MILPITAS, Calif., Aug. 6, 2026 /PRNewswire/ — MemVerge, Inc., a leader in AI memory software, today announced the beta launch of MemoryBox, a Personal AI software that gives individuals persistent, portable, and sovereign control over the context that makes AI genuinely useful. Starting today, founding members can access MemoryBox at memorybox.ai — free during beta. 

MemoryBox addresses a common problem in AI workflows: users must repeatedly reintroduce themselves, restate goals, and rebuild context every time they start a new conversation. MemoryBox keeps that context persistent and user-controlled, so people can work more efficiently across ChatGPT, Claude, Gemini, and other AI tools. 

The Product

MemoryBox is built around three core principles: 

Ownership— All memories are stored locally on the user’s device. Data never trainsMemVergemodels and is never shared with third parties.Recall & Relevance— Semantic search surfaces the right context at the right time, so every new AI session begins with what already matters.Persona Awareness— Users can organize memory by client, project, or role — ensuring the right context is active for each workflow, whether they’re in a client meeting, deep in technical research, or organizing a family event.

MemoryBox is not another chatbot or AI wrapper. It is the missing infrastructure layer for how people work with AI — one that makes every model more useful without surrendering a single byte of personal data. 

“The MemVerge co-founders have spent years at the intersection of memory and AI infrastructure, and that experience shows in how they’re approaching this problem,” said Jennifer Ard, Managing Director and Head of Investment Operations at Intel Capital. “The conviction that memory belongs to the individual, paired with the technical rigor to deliver on it, is exactly the kind of thinking we look for in founders building something the market needs.” 

“As a strategic investor in MemVerge, SK hynix works closely with the company to advance memory-centric AI technologies.” said Hoshik Kim, SVP and Fellow of SK hynix, “MemoryBox, MemVerge’s first AI context memory product, demonstrates a new memory-centric AI user experience that is high quality, cost effective with guarantee of privacy and ownership. We are pleased to support its development and look forward to continuing our collaboration.” 

“MemoryBox.ai beta is a step towards a more human AI future — one where your context, preferences, and ideas belong to you, travel with you, and make every interaction more personal and more powerful,” said Charles Fan, CEO and Co-Founder of MemVerge. 

Beta Access 

MemoryBox is available today in free beta for founding members. Beta users can join the waitlist at memorybox.ai. Spots are limited.

About MemVerge 

MemVerge is a Memory-Centric AI software company founded in 2017. The company pioneered Big Memory software for enterprise computing, earning 18 US patents and serving customers in finance, life sciences, and enterprise IT. Today, MemVerge is a leader in AI memory software, delivering products including MemMachine, an open-source AI memory engine, and MemoryBox, a personal AI memory application that improves the quality of AI output by leveraging multiple AI models and automatically constructing accurate and relevant contexts, while ensuring the privacy and ownership of all AI interactions. For more information, visit memverge.com. 

Media contact:

Jon Jiang

jon.jiang@memverge.com

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SOURCE MemVerge

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Freeit Data Solutions Named To No. 51 Spot On CRN’s Fast Growth 150 List For 2026

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CRN® Spotlights The Top IT Channel Providers For Outstanding Performance And Growth

AUSTIN, Texas, Aug. 6, 2026 /PRNewswire/ — Freeit Data Solutions, announced today that CRN®, a brand of The Channel Company®, has recognized Freeit Data Solutions on the 2026 CRN Fast Growth 150 list in the No. 51 spot.

This list highlights the top-performing and fastest-growing technology solution providers, including integrators, managed service providers, value-added resellers and IT consultants in North America. Over the past two years, solution providers on the Fast Growth 150 have achieved remarkable sales growth, propelled by their innovative strategies and advanced technological expertise, particularly in areas such as artificial intelligence, security and cloud computing.

“Being recognized on CRN’s Fast Growth 150 is a reflection of the incredible team we’ve built at Freeit and the trust our customers and partners place in us,” said Wayne Orchid, CEO of Freeit Data Solutions. “Reaching No. 51 on this year’s list is an exciting milestone, and it reinforces our commitment to what we do. We’re proud of how far we’ve come and even more excited about where we’re headed.”

“The companies recognized in this year’s Fast Growth 150 are leveraging deep technical expertise and bold, future‑focused strategies to accelerate their momentum in an increasingly dynamic IT landscape,” said Jennifer Follett, Vice President, U.S. Content, Executive Editor at CRN, The Channel Company. “Their drive, agility, and commitment to delivering lasting value for customers set them apart. We applaud their achievements and look forward to seeing how they continue to innovate and grow.”

Coverage of the 2026 CRN Fast Growth 150 list will be available at crn.com/fastgrowth150 on Aug. 3.

About Freeit Data Solutions

Freeit Data Solutions is an Austin-based IT services and solutions company that designs and deploys data center solutions for mid to large-sized companies, enabling them to better manage and protect their data. For more information, visit: www.freeitdata.com   

Follow Freeit Data Solutions: LinkedIn and Twitter.

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SOURCE Freeit Data Solutions Inc

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Elong Power Holding Limited Announces the Change of Effective Date of its 1 for 45 Share Consolidations

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BEIJING, Aug. 6, 2026 /PRNewswire/ — Elong Power Holding Limited (Nasdaq: ELPW) (the “Company”), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, announced a share consolidation of the Company’s issued and outstanding Class A ordinary shares and Class B ordinary shares at a ratio of 1 for 45 shares (the “Reverse Split”) earlier today. The Company has announced a change of effective date of the Reverse Split. The Reverse Split will take effect at the open of The Nasdaq Stock Market (“Nasdaq”) on August 10, 2026.

On January 6, 2026, the Company held an extraordinary general meeting of the shareholders, and the shareholders approved to implement share consolidations of the Company’s Class A ordinary shares and Class B ordinary shares at any one time or multiple times, at the exact consolidation ratio and effective time as the Board may determine from time to time in its absolute discretion, provided that the accumulative consolidation ratio for all such share consolidations shall not be more than 4000:1, and authorized the Board to implement such share consolidations at any time during a period of up to two years of the date of the meeting. On July 31, 2026, the board approved implementation of the Reverse Split at a ratio of 1 for 45 shares.

The objective of the Reverse Split is to enable the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires issuers listed on Nasdaq to maintain a closing bid price of greater than $0.10.

Upon the open of trading on August 10, 2026, the Company’s Class A ordinary shares will begin trading on a Reverse Split-adjusted basis, under the same symbol “ELPW” but under a new CUSIP number, G3016G137.

As a result of the Reverse Split, each 45 Class A ordinary shares with a par value of $0.0128 will automatically combine and convert into one issued and outstanding Class A ordinary share with a par value of $0.576. Each 45 Class B ordinary shares with a par value of $0.0128 will automatically combine and convert into one issued and outstanding Class B ordinary share with a par value of $0.576. The Reverse Split will affect all shareholders uniformly and will not alter any shareholder’s percentage ownership interest in the Company, except for minimal changes that may result from the treatment of fractional shares. No action is required by shareholders holding their shares through a brokerage account.

No fractional shares will be issued to any shareholders in connection with the Reverse Split, and each shareholder will be entitled to receive one full Class A ordinary share or Class B ordinary share, as applicable, in the Company in lieu of the fractional share that would have resulted from the Reverse Split.

At the time the share consolidation is effective, the Company’s total issued and outstanding common shares will change from approximately 23 million to approximately 0.51 million. The Company’s authorized shares will be proportionally reduced.

About Elong Power Holding Limited

Elong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. Elong Power is led by Ms. Xiaodan Liu, Elong Power’s Chairwoman and CEO.

Elong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. Elong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios.

Forward‑Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Elong Power Holding Limited
ir@elongpower.com

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SOURCE Elong Power Holding Limited

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Scientific American Announces Jeanna Bryner as New Editor-in-Chief

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Bryner becomes the brand’s 11th editor-in-chief as it celebrates 181 years.

WILMINGTON, Del., Aug. 6, 2026 /PRNewswire-PRWeb/ — Today, the oldest continuously published magazine in the United States of America, Scientific American, announced Jeanna Bryner as its editor-in-chief. In her role, Bryner will also oversee all editorial strategy, the flagship magazine, scientificamerican.com, and other branded products.

Science journalism has never mattered more, and it’s never been more important to reach audiences in new ways.

Bryner joined Scientific American in 2022 and was previously the Executive Editor and interim Editor in Chief. Previously she was editor in chief of Live Science and, prior to that, an editor at Scholastic’s Science World magazine. Bryner has an English degree from Salisbury University, a master’s degree in biogeochemistry and environmental sciences from the University of Maryland and a graduate science journalism degree from New York University. She has worked as a biologist in Florida, where she monitored wetlands and did field surveys for endangered species, including the gorgeous Florida Scrub Jay. She also received an ocean sciences journalism fellowship from the Woods Hole Oceanographic Institution.

Bryner will report to Chris Pauze, President for Scientific American, Inc. Announcing her appointment, Pauze said, “We first met Bryner earlier this year as we worked through the acquisition of Scientific American – we have been impressed with Jeanna’s experience and steadiness as the brand navigates challenges in the market. She is a thoughtful manager that cares deeply about the team and also understands the kind of changes that are necessary for success in a rapidly changing media environment. We are confident she’s the right leader to continue the impressive legacy of Scientific American and embrace the future.”

“Science journalism has never mattered more, and it’s never been more important to reach audiences in new ways,” Bryner said. “I’m thrilled to build on Scientific American’s legacy while expanding how and where we tell these stories.”

Scientific American is read by more than 3.5 million monthly readers with eight local language editions and remains a global force in science journalism, helping readers remain informed on pressing issues and exciting developments in the world of science.

About Scientific American

Founded in 1845, Scientific American is the oldest continuously published magazine in the U.S. and the leading authoritative publication for science and technology in the general media. Together with scientificamerican.com and eight local language editions around the world, it reaches more than nine million readers. Scientific American is published by Scientific American, Inc. and is affiliated with LabX Media Group.

A full bio and headshot of Jeanna Bryner are available upon request. For more information, please contact Jamie Burns, Vice President, Human Resources & Operations at LabX Media Group at jburns@labx.com.

Media Contact

Jamie Burns, LabX Media Group, 1 888-781-0328, jburns@labx.com, https://www.labxmediagroup.com/

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