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AI Apex Asia 2024 Concludes with Resounding Success, Highlighting Asia’s AI Leadership

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AI Apex Asia’s Inaugural Event Showcased Innovation and Collaboration in the Region’s Booming AI Landscape

SINGAPORE, June 7, 2024 /PRNewswire/ — The inaugural AI Apex Asia 2024, held on June 5th, 2024, at Lazada One, Singapore, concluded with resounding success. Organised by AI Apex Asia, a newly established non-profit organisation dedicated to driving artificial intelligence (AI) advancements across the continent, the event served as a pivotal platform for fostering collaboration and showcasing Asia’s burgeoning dominance in the global AI landscape.

Themed “The Asia Advantage,” this exclusive event brought together over a hundred esteemed guests, including leading researchers, developers, policymakers, industry leaders, and investors from across Asia. The conference provided a valuable forum for these key stakeholders to exchange ideas, explore critical challenges and opportunities in AI, and collectively chart a path for Asia’s continued leadership in this transformative technology.

AI Apex Asia 2024 was strategically designed to foster collaboration and drive thought leadership within the AI community. The program kicked off with insightful keynotes from renowned figures such as Lee Yi Shyan, former Senior Minister of State; Prof Inderjit Singh, a former member of the Singapore Parliament; Emad Mostaque, founder of Stability AI; and Laurence Liew, Director at AI Singapore.

The conference continued with engaging panel discussions, live demonstrations showcasing the latest AI technologies and applications, and productive networking opportunities. Attendees left feeling empowered and inspired, equipped with new insights and connections to drive the region’s ambitions in AI forward.

Agenda Highlights

Inspiring Opening Remarks: Mr. Lee Yi Shyan, Chairman of Business China and OUE REIT Management Pte Ltd, and former Senior Minister of State, delivered an opening address to a room of AI researchers, developers, and entrepreneurs. He underscored Singapore’s commitment to cementing its status as a dynamic regional epicenter for AI talent and innovation, aligned with the goals of its National AI Strategy 2.0. Mr. Lee spotlighted Singapore’s competitive advantages, such as its advanced digital infrastructure, business-accommodating policies, and a well-educated workforce, positioning it as the perfect hub for cutting-edge AI enterprises. He extended a warm invitation to the global AI community to collaborate with Singapore and leverage its environment to propel their AI endeavours to new heights.

 

Insightful Keynotes: Renowned figures delivered inspiring keynote speeches on the future of AI and the landscape of the AI industry in Singapore.Prof Singh’s address, titled “Asia’s Advantage: Leading the Charge in the Age of AI,” delved into the region’s exceptional capabilities in manufacturing and robotics, its dynamic developer ecosystem, and its technologically adept population. He also discussed how the integration of AI and blockchain technologies fortifies Asia’s leadership in global AI development.Emad Mostaque, the founder of Stability AI, delivered a keynote on “Open-source AI by the People, for the People,” emphasising the transformative power of accessible AI technologies.Laurence Liew, Director of AI Singapore, presented a policy talk on “Leveraging Singapore’s AI Capabilities for Global Influence” which highlighted the importance of a forward-thinking approach to AI adoption.

 

Engaging Panel Discussions: Experts from diverse backgrounds tackled critical themes that are shaping AI’s future.A panel titled “Where Mind Meets Machine – Unlocking the Future of Robotics and Embodied AI” discussed the latest advancements in developing intelligent robots capable of interacting with the physical world. The panellists explored how to leverage the remarkable capabilities of generative AI to create general-purpose robots and apply scaling laws to drive future-embodied AI innovation. Panellists included:Junbo Chen, CEO of Udeer AIXinhua Liu, Venture Partner at Gaorong VenturesLin Shao, Assistant Professor at NUS, who is also an expert in robotics and embodied AI research.Another panel, “The Convergence of AI and Web3,” explored blockchain technology and Web3’s potential to revolutionise AI solution development and deployment, with speakers including:Michael Heinrich, CEO of 0G LabsBrian Liang, COO of aelfProf. Liu Yang, CEO of AgentLayer and Executive Director of CyberSGDr. George, Co-founder & CTO of Mind NetworkBell Beh, Co-Founder & CEO of BuzzAR.A third panel titled “Asia AI’s Playbook: Path to Growth, Revenue, Defensibility and Capital Markets” featured insightful discussions from industry leaders on strategies for AI startups and companies to achieve sustainable growth, generate revenue, build defensible moats, and access capital markets in Asia. The panellists included:Joe Yan, Operating Partner at Granite AsiaDanny Goh, co-founder of AI Native FoundationHao Wang, Managing Director of HongShan CapitalJames Liu, Director of New Business and Innovation Alliance at Alibaba Cloud International.

 

Curated Networking Opportunities: The conference facilitated valuable connections and collaborations among the attendees. Dedicated networking sessions and social events provided a platform for AI professionals, academics, industry leaders, and investors to connect, share ideas, and explore potential partnerships.

Keynote Highlights

Prof Inderjit Singh, President of WBAF Global Startup Committee and a former member of the Singapore Parliament: “With a 50% share in global manufacturing and home to 25% of the world’s blockchain startups, along with its robust developer ecosystem geared for innovation, Asia is primed to leverage its manufacturing and software prowess to spearhead the AI revolution. Recent data from IBM’s Global AI Adoption Index 2024 reflects this trajectory, indicating Asian countries and businesses outpacing their Western counterparts in embracing and accelerating AI adoption. If we collectively unlock the potential of these current and potential strengths, we can build a shared vision of a future where Asia leads the way in shaping the course of technological progress, fostering economic growth, and improving the lives of people across our region and beyond.”

Emad Mostaque, Founder of Stability AI: “AI needs to be fundamentally open and transparent, from the code to the data, ensuring it serves the entire society and not just a select few. By integrating these intelligent systems into our government, healthcare, and educational sectors, we create a foundation for a more equitable society. Moreover, the future of AI governance must embrace democratic processes to ensure these technologies enhance, not hinder, our communal and personal sovereignties.”

Laurence Liew, Director of Al Singapore: “A proactive approach to AI development is crucial for empowering startups and SMBs in Singapore. As government programmes and institutions nurture the growth of AI companies, it’s essential that they also enable these companies to retain their intellectual rights. This approach ensures that startups and SMBs can harness AI effectively and collaboratively. By the end of next year, we anticipate that most SMBs in Singapore will be utilising AI to significantly enhance their productivity and capabilities in everyday business operations.”

A Pivotal Moment for AI in Asia

AI Apex Asia 2024 emerged as a landmark gathering, underscoring Asia’s strategic importance in the global AI dialogue and setting a precedent for future regional collaborations and conferences. Looking ahead, AI Apex Asia is committed to maintaining this momentum, staying at the forefront of facilitating crucial conversations and innovations, and cementing Asia’s position as a leader in AI technology. This inaugural event was just the beginning of what promises to be an exciting journey towards a more interconnected and technologically advanced future—a future where members can shape the development of AI not only in Asia but worldwide.

Find out more about AI Apex Asia on:
Website: https://aiapex.asia/
X: https://x.com/AIApexAsia
LinkedIn: https://www.linkedin.com/company/ai-apex-asia/ 

About AI Apex Asia

AI Apex Asia is a community that brings together leading voices in AI across Asia to engage, build consensus, and create synergies to shape the AI ecosystem for the prosperity of the region’s economy.

AI Apex Asia fosters strategic partnerships and collaborations that drive progress in the AI ecosystem across the region. We bring together leading organizations, industry associations, research institutions, and government agencies to collectively shape the future of AI governance, innovation, and adoption in Asia. Through these partnerships, we facilitate knowledge sharing, joint initiatives, and collaborative efforts to address critical challenges, explore frontier advancements, and unlock the transformative potential of AI for sustainable economic growth and societal impact.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. AI Apex Asia makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold AI Apex Asia, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information or participation in aelevate. AI Apex Asia reserves all rights not expressly granted in this press announcement.

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SOURCE AI Apex Asia

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Wise introduces first-of-its-kind multi-currency Interest feature in Canada

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Wise customers can now opt in to earn market-leading returns on CAD, USD, EUR and GBP from the convenience of one multi-currency accountCustomers opted in can continue to send, spend and convert funds while earning a return, with no penalties or minimum balance requirements

TORONTO, May 4, 2026 /CNW/ – Wise, the global technology company building the best way to move and manage the world’s money, today announced the launch of its new Interest feature for people and businesses in Canada. Wise is the first provider in Canada to enable customers to earn a return on balances held across multiple currencies within one consolidated account.

Millions of Canadians send international payments each year, with outbound remittances and cross-border commercial activity steadily increasing, according to public data from Payments Canada. However, options for holding and growing money across multiple currencies have historically required opening separate accounts with financial providers in each currency. These accounts often come with minimum balance thresholds and promotional rates that get more expensive over time. Wise Interest removes these barriers for Canadians.

Eligible customers can now opt into the new Interest feature to earn a market-leading return on balances held in CAD, USD, EUR and GBP from the convenience of their Wise multi-currency account. Once opted in, customers can continue to hold, spend, send and convert their money internationally from their balances with no penalties or minimum balance requirements.

Key features of the new feature include:

Earn market-leading returns across currencies: Opt in to Interest and earn 2.22% in CAD, 3.14% in USD,  0.8% in EUR and 2.21% in GBP from the convenience of the Wise multi-currency account*Instant access to your funds: Continue to hold, spend, send funds internationally with no minimum balance requirements or lock-up periodsSimple opt-in: Activate the feature in just a few taps within the Wise app

Vinay Nilakantan, Head of Product for North America at Wise, said: “Earning a return on your money across currencies shouldn’t require opening and managing multiple accounts or giving up access to your funds — but that’s the reality many Canadians have grown accustomed to. With Wise’s Interest feature, we’re changing that. We’re offering a more flexible way for our customers to make their money work harder across currencies, combining market-leading returns with the ability to use funds instantly, all in one convenient account.”

This launch builds on Wise’s growing momentum in Canada, where its active customer base grew by more than 30% in FY25. As Wise continues to scale in the market, it is investing in local infrastructure to better serve its growing customer base. Wise became a member of Payments Canada earlier this year, making it eligible to apply for direct participation in Canada’s national payment systems, including ACSS, Lynx and the forthcoming Real-Time Rail. Over time, this direct access to local payment infrastructure would enable Wise to move money faster and reduce costs further for Canadians and people sending to and from Canada.

*To find out more about Wise’s Interest feature in Canada, please visit http://www.wise.com/ca/interest

About Wise

Wise is a global technology company, building the best way to move and manage the world’s money. With Wise Account and Wise Business, people and businesses can hold 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new network for the world’s money. Launched in 2011, Wise is one of the world’s fastest growing, profitable tech companies.

In fiscal year 2025, Wise supported around 15.6 million people and businesses, processing over $185 billion USD in cross-border transactions and saving customers around $2.6 billion USD.

Media Contact: Samantha Krupa‑Carbone, skrupa-carbone@national.ca

SOURCE WISE

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Ecobat Completes Sale of Germany & Austria Operations to Clarios, Marking Exit from European Lead Market

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DALLAS, May 4, 2026 /PRNewswire/ — Ecobat, a global leader in battery recycling, today announced the successful completion of the sale of its battery recycling and specialty lead operations in Germany and Austria to Clarios, a global leader in advanced energy storage solutions. The transaction encompasses Ecobat’s facilities in Freiberg and Braubach, Germany, as well as the Arnoldstein operation in Austria.

This sale, together with previously completed divestitures in France, Italy, and the United Kingdom, marks Ecobat’s exit from the European lead market and the completion of a multi-transaction repositioning of its Resources division.

“The sale of our Germany and Austria operations is a defining milestone for Ecobat,” said Tom Slabe, President and Chief Executive Officer of Ecobat. “With our European lead footprint now fully transitioned to new ownership, Ecobat is positioned as a focused North American platform. We will continue to pursue opportunities to maximize value for shareholders as we build on that foundation.”

Mr. Slabe added, “Clarios’ expertise and strategic vision offer a strong foundation for the continued success of these operations in Germany and Austria. We’re confident they will continue to foster and enhance the valued relationships we have built with our employees, customers, and suppliers across Europe.”

Rothschild & Co acted as financial advisor and White & Case as legal advisor to Ecobat on the transaction.

About Ecobat

Ecobat is the world’s largest recycler of batteries with global operations. The company delivers innovative solutions for battery recycling, resource recovery and energy storage by responsibly managing valuable materials essential to modern life.

About Clarios

Clarios is the global leader in advanced, low-voltage battery technologies for mobility and owner of the brand VARTA in the automotive sector. Our batteries and smart solutions power nearly every type of vehicle and are found in 1 of 3 cars on the road today. With around 18,000 employees in over 100 countries, we bring deep expertise to our Aftermarket and OEM partners, and reliability, safety and comfort to everyday lives. We answer to the planet with a rigorous sustainability focus – advancing best-in-class sustainability practices and advocating for them across our industry. We work to ensure 100% of our products sold are recyclable, and we recycle 8,000 batteries an hour in our network.

For Media Inquiries:

Elizabeth Tuma

Ecobat

Press@Ecobat.com

1-888-317-4687 ext. 703

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SOURCE Ecobat

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Hyperscale Data to Launch 20-Week Business Spotlight Series to Highlight the Scale, Scope and Value of Its Operations

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Company Plans Weekly Monday Releases to Help Investors Better Understand Businesses Owned Directly and Through Ault Capital Group; Management Believes Hyperscale Data’s Assets and Operating Businesses Are Not Fully Reflected in the Company’s Market Valuation

LAS VEGAS, May 4, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that it plans to launch a 20-week business spotlight series, with a new press release expected to be issued each Monday morning, highlighting the Company’s businesses, subsidiaries, assets and strategic initiatives owned directly and through its wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”).

Management believes that the market does not fully appreciate the scale and breadth of the platform Hyperscale Data has built, the operations it conducts through acquisitions, internal development and ongoing investment or its resulting long-term growth opportunities. Through this 20-week series, Hyperscale Data intends to provide investors, stockholders and the broader market with enhanced transparency into its business, including its AI data center strategy, Bitcoin treasury and digital asset initiatives, robotics platform, financial services, lending operations, market platforms, defense-related businesses, energy services and other strategic assets.

The Company expects that more consistent and detailed communication may assist investors in more fully evaluating Hyperscale Data as a diversified operating platform with multiple potential growth drivers.

Management has previously indicated that it believes the Company has the potential to generate between $180 million and $200 million in annual revenue across its operating businesses for its fiscal year 2026, based on current operations and internal estimates. These expectations are forward-looking, subject to a variety of risks and uncertainties, and actual results may differ materially.

The 20-week series is expected to highlight businesses and strategic initiatives across the Hyperscale Data ecosystem, including, among others:

Infrastructure, AI, Digital Asset Platform and Robotics

Hyperscale Data’s AI data center infrastructure and strategy;The Company’s Bitcoin treasury and digital asset strategy;Sentinum, Inc. and its Bitcoin mining operations;Omnipresent Robotics, LLC and robotics and data collection opportunities;Ault Blockchain and blockchain-related initiatives; andDigital asset market-making, decentralized finance and tokenization initiatives, including through strategic investments, partnerships and other arrangements.

Financial Services and Market Platforms

ACG and its financial services platform;Ault Lending, LLC and its private credit activities;Ault Markets, Inc. and financial technology initiatives;askROI, Inc. and AI-powered software solutions; andOnlyBulls and consumer financial technology offerings.

Industrial, Energy and Defense Operations

Gresham Worldwide, Inc. and its defense and mission-critical operations;TurnOnGreen, Inc. and its design and manufacturing of power products for mission-critical applications across defense, healthcare, industrial and other sectors; andCircle 8 Crane Services, LLC and energy services.

Additional operating subsidiaries, investments and strategic assets that management believes are important to understanding the overall enterprise may also be highlighted among this series of press releases.

Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, stated, “We believe Hyperscale Data is not yet fully understood by the market. Over the last several years, we have assembled a broad operating platform spanning AI data centers, Bitcoin and digital assets, robotics, financial services, lending, market platforms and defense-related businesses. Through this spotlight series, we intend to provide greater transparency into our operations and strategy, and to help investors better understand how these businesses may contribute to our long-term growth objectives as they continue to scale and integrate.”

The Company reserves the right to either issue press releases of the kind described in this announcement on Monday afternoons in the event that management believes a different kind of press release must be issued on Monday mornings or not issue them for a particular Monday at all. Further, the Company reserves the right to terminate the 20-week spotlight series in its entirety at any time.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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