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iPod Inventor and Nest Founder Tony Fadell Backs Plumerai’s Tiny AI, Hailing It as a Massive Market Disruption Democratizing AI Technology Starting with Smart Home Cameras

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Plumerai Announces Partnership with Chamberlain Group, the Largest Manufacturer of Automated Access Solutions found in 50+ million homes

LONDON, Oct. 7, 2024 /PRNewswire/ — Plumerai™, a pioneer in on-device AI solutions since 2018, today announced a major partnership with Chamberlain Group, whose brands include myQ and LiftMaster, marking a significant milestone in the adoption of its Tiny AI technology.

To achieve features like People Detection and Familiar Face Identification, cloud-based AI and, in particular, Large Language Models (LLMs) require vast remote data centers, consume increasing amounts of energy, pose privacy risks, and incur rising costs. Plumerai’s Tiny AI can do all this on the device itself, is cost-effective, chip agnostic, capable of operating on battery-powered devices, doesn’t clog up your bandwidth with huge video uploads, and has minuscule energy requirements. Moreover, it boasts the most accurate on-device Tiny AI on the market and offers end-to-end encryption. Already running locally on millions of smart home cameras, Plumerai’s Tiny AI is making communities safer and lives more convenient, while proving that in AI, smaller can indeed be smarter. Plumerai has gained strong backing from early investor Tony Fadell, Principal at Build Collective along with Dr. Hermann Hauser KBE, Founder of Arm, and LocalGlobe.

“Tiny AI is a paradigm shift in how we approach artificial intelligence,” said Roeland Nusselder, Co-founder and CEO at Plumerai. “This approach allows us to embed powerful AI capabilities directly into smart home devices, enhancing security and privacy in ways that were once considered unfeasible. It’s not about making AI bigger – it’s about making it smarter, more accessible, and more aligned with people’s real-world needs.”

Key Features of Plumerai’s Tiny AI on the Edge, No Cloud Required

Person, Pet, Vehicle, and Package Detection notifications in .7 seconds vs. average smart cam 2-10 seconds. This may sound like an incremental improvement, but anyone that has a smart cam will appreciate this is a game-changer.Familiar Face Identification and Stranger Detection deliver accurate notifications while protecting privacy; tag up to 40 “safe” i.e. familiar individuals.Multi-Cam Person Tracking (first of its kind!) for comprehensive surveillance.Advanced Motion Detection with rapid response time of, on average, .5 seconds which greatly extends battery life. Over-the-Air updates for products in the field means faster Go-to-Market.

Plumerai has built the most accurate Tiny AI solution for smart home cameras, trained with over 30 million images and videos. Consistently outperforming competitors in every commercial shootout, Plumerai is the undisputed leader in both accuracy and compute efficiency. Internal test comparisons against a leading smart camera, widely regarded as the most accurate among established smart home players, revealed striking results: leading smart camera’s AI incorrectly identified strangers as household members in 2% of the recorded events, while Plumerai’s Familiar Face Identification made no incorrect identifications.

“Plumerai’s technology gives companies a significant edge in a competitive market, proving that efficient, on-device AI is the future of smart home security. It’s a perfect showcase for Tiny AI’s strengths – privacy, real-time processing, and energy efficiency. I’m excited by Plumerai’s potential to expand into other IoT verticals and redefine edge computing,” said Dr. Hermann Hauser KBE, Founder of Arm.

Providing a ready-to-integrate end-to-end solution for AI on the edge, Plumerai is making AI more competitive and a reality for more companies. This breakthrough provides consumers with more options outside the realm of big tech giants like Google, Amazon, Microsoft, and Apple. Unlike other battery powered “smart” cams that send their video feed to the cloud over power-hungry Wi-Fi, Plumerai enables the use of low-power mesh networks to send notifications. With Plumerai companies can easily change their chips without losing AI features.

“Integrating Plumerai’s Tiny AI into our smart camera lineup has allowed us to offer advanced AI features on affordable, low-power devices. This enables us to provide our customers with smarter, more efficient products that deliver high performance without the need for cloud processing,” said Jishnu Kinwar, VP Advanced Products at Chamberlain Group.

Notably, 11+ million people rely on Chamberlain’s myQ app daily to access and monitor their homes, communities and businesses, from anywhere.

“Plumerai’s Tiny AI isn’t just an incremental advance – it’s a massive market disruption,” said Tony Fadell, Nest Founder and Build Collective Principal. “While Large Language Models capture headlines, Plumerai is getting commercial traction with its new smaller-is-smarter AI model. Their Tiny AI is faster, cheaper, more accurate, and doesn’t require armies of developers harnessing vast data centers.”

About Plumerai
Plumerai™ is a pioneering leader in embedded AI solutions, specializing in highly accurate and efficient Tiny AI for smart devices. As the market leader in licensable Tiny AI for smart home cameras, Plumerai powers millions of devices worldwide and is rapidly expanding into video conferencing, smart retail, security, and IoT sectors. Their comprehensive AI suite includes People Detection, Vehicle detection, Animal detection, Familiar Face Identification, and Multi-Cam Person Tacking, all designed to run locally on nearly any camera chip. Headquartered in London and Amsterdam and backed by Tony Fadell, Principal at Build Collective, Dr. Hermann Hauser, Founder of Arm, and LocalGlobe. Plumerai enables developers to add sophisticated AI capabilities to embedded devices, revolutionizing smart technology while prioritizing efficiency and user privacy.

About Build Collective
Build Collective, led by Tony Fadell, is a global investment and advisory firm coaching engineers, scientists, and entrepreneurs working on foundational deep technology. With 200+ startups in its portfolio, Build Collective invests its money and time to help engineers and scientists bring technology out of the lab and into our lives. Supporting companies beyond Silicon Valley, Build Collective’s portfolio is based mainly in the EU and US with some companies in Asia and the Middle East. From tackling food security, sustainability, transportation, energy efficiency, weather, robotics, and disease to empowering small business owners, entrepreneurs, and consumers, the startups in Build Collective’s portfolio are improving our lives and prospects for the future. With no LP’s to report to, the Build Collective team is hands-on and advises for the long-term.

About Chamberlain Group
Chamberlain Group is a global leader in intelligent access and Blackstone portfolio company. Our innovative products, combined with intuitive software solutions, comprise a myQ ecosystem that delivers seamless, secure access to people’s homes and businesses. CG’s recognizable brands, including LiftMaster®  and Chamberlain® , are found in 50+ million homes, and 11+ million people rely on our myQ®  app daily to control and monitor their homes, communities and businesses, from anywhere. Our patented vehicle-to-home connectivity solution, myQ Connected Garage, is available in millions of vehicles from the leading automakers.

Media Contact:
Elise Houren
elise@buildc.com

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Products That Count Announces the Winners of the 2026 CPO Awards, Honoring the Product Leaders Redefining Their Craft in the AI Era

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May 1, 2026

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The annual Awards recognize Chief Product Officers whose scope, influence, and impact have expanded dramatically as AI reshapes every organization.

SAN FRANCISCO, May 1, 2026 /PRNewswire-PRWeb/ — Products That Count, the world’s largest nonprofit community of product managers with over 600,000 members, today announced the winners of the 2026 CPO Awards. The Awards, produced in partnership with Mighty Capital, celebrate the Chief Product Officers whose leadership is shaping how products are built, shipped, and scaled in a moment of unprecedented change.

“The CPO mandate has fundamentally expanded,” said SC Moatti, Founder and Managing Partner of Products That Count. “Our winners this year are setting the standard for what the role becomes when AI is woven into every layer of the business. They are the builders other builders learn from.”

The role of the Chief Product Officer has never been broader. Today’s CPOs are architecting the systems, teams, and decisions that determine whether their companies win in the AI era.

The 2026 CPO Award Winners, by category:

President / CEO: Former CPOs who have elevated to the top role.

Eglae Recchia, CPO, Keyway

Maria Thomas, CEO (promoted from CPO), Rebrandly

Nabil Bukhari, President, Extreme Networks

Shiven Ramji, President & Chief Product Officer, Okta

Investor Mindset: Treating product like a portfolio of bets, with M&A as a strategic lever.

Achuth Rao, CPO, New York Life Insurance Company

Andrew Tsao, CPO & Analytics Officer, Audible

Dane Glasgow, CPO, Paramount/Skydance

Diana Benli, Chief Product Officer, Cognizant

Diego Dugatkin, Chief Product Officer, Box

Mike Bidgoli, CPO & CTO, Tubi

Vasu Murthy, CPO, Cohesity

Vrushali Paunikar, CPO, Carta

Ambrish Verma, Chief Product Officer, Ingram Micro

Enterprise Scale: Operating in complexity. Not speed alone, but transformation at scale.

Carla Guzzetti, Chief Product Officer, Cloud Applications, Extreme Networks

Eddie Garcia, Chief Product Officer, eBay

Gautam Shah, Chief Product Officer, Carelon

Ghazal Badiozamani, SVP of Product Management, Cengage

Kelli Fielding, Chief Product Officer, Europe, TransUnion

Mikhail Vaysbukh, Chief Product Officer, Elsevier

Monica Ugwi, GM, Copilot + Agents for Manufacturing & Mobility, formerly Microsoft

Randall Hounsell, SVP Connected Living Product, Comcast

Rita Khan, Chief Consumer & Digital Officer, formerly Optum

Ryan Bergstrom, Chief Product Officer, Paychex

Tim Simmons, Chief Product Officer, formerly Walmart International

Tina Tarquinio, Chief Product Officer, IBM Z and LinuxONE, IBM

Todd Garner, CPO, Sam’s Club

Trey Courtney, Global Chief Product & Partnerships Officer, Mood Media

Wyatt Jenkins, SVP Product, Intuit

Shayani Roy, SVP Product Management and Design, OpenTable

Scale Up: Growth-stage leaders putting the scale in place.

Aaron Seevers, Chief Product Officer, Noom

Avijit Sinha, SVP Corporate Development, EDB

Hannah Park, Chief Product Officer, Planned Parenthood

Joe Futty, CPO & CTO, Pipedrive

Jonathan Shottan, Chief Product Officer, Tonal

Kimberly Bloomston, CPO, 6sense

Kousthub Raghavan, Chief Product & Digital Officer, CLEAR

Natalia Williams, Chief Product Officer, Qonto

Nikita Miller, Chief Product Officer, Perk

Nilesh Khandelwal, Chief Product Officer, Rakuten Rewards

Paul Burke, CPO, Reveleer

Randhir Vieira, CPO, formerly Healthify

Renn Turiano, CPO, Gannett – USA Today Network

Sarah Turrin, CPO, Color

Emerging: On an amazing trajectory, regardless of tenure.

Adam Kelsey, EVP, Product Management, SignalWire

Apurva Garware, SVP, Head of Product, Invisible Technologies

Chai Atreya, Chief Product Officer, ActiveCampaign

Jack Brody, Chief Product Officer, Suno

John Barrus, VP of Product Management, Niobium

Kevin Swint, former Co-Founder & CPO, RemixAI

Nirmal Kumar, CPO, Aliaswire

Rafael Flores, Chief Product Officer, Treasure Data.ai

Sarah Jacob Singh, CPO & CTO, Medbridge

Sarosh Waghmar, CPO & Co-Founder, Spotnana

Vanessa Davis, CPO, LegalOn

Vikas Seth, CPO, ARIS

Platform: Multiplying impact beyond their own product by leveraging the ecosystem at scale.

Arnab Bose, CPO, Asana

Kishan Chetan, EVP & GM, Agentforce Service Cloud, Salesforce

Shardul Vikram, Chief Product Officer, SAP Application AI, SAP

Tom Occhino, Chief Product Officer, Vercel

Rohit Badlaney, CPO & General Manager, IBM Cloud Platform, IBM

Terre Layton, former CPO, BetterHealth

B.J. Boyle, Chief Product Officer, MacroHealth

Winners were selected by an Independent Advisory Council of seasoned product executives based on impact and leadership.

ABOUT PRODUCTS THAT COUNT

Products That Count is the world’s largest nonprofit community, engaging 600,000+ product managers and Chief Product Officers (CPOs) united by a mission: to empower everyone to build products that truly count. In a world flooded with products, only a few ignite passion, deliver value at scale, and transform lives. Behind those exceptional products are visionary CPOs and high-performing product teams driving innovation at the most bleeding-edge companies. We recognize these trailblazers through our coveted Awards, accelerate careers from PM to the C-suite and beyond through daily best practices, and serve as the trusted advisor to nearly all Fortune 1000 CPOs. Our Corporate Alliance includes Walmart, Ford, Cisco, Johnson & Johnson, Amplitude, and more. The most admired product leaders across industries serve on our Advisory Council, guiding the future of product leadership. Together, we’re shaping a future where every product counts. Learn more at productsthatcount.org

ABOUT MIGHTY CAPITAL

Mighty Capital is the VC firm that leverages the Product Alpha Effect, a data-backed framework for outperformance that proves great products drive great businesses. Founded in 2018 by SC Moatti, a product visionary and former Meta product leader, and Jennifer Vancini, a veteran of tech investing and M&A, we bring a differentiated edge to venture. Through Moatti’s 600,000-strong Products That Count network of product leaders, we see where the world is going before others do. That proprietary signal gives us an advantage in sourcing, diligence, and post-investment value creation. Our portfolio speaks for itself: 1 in 5 companies is a category leader like Amplitude (NASDAQ:AMPL), Groq, and Netskope (NASDAQ:NTSK). Founders consistently call us the most value-add investor on their cap table, and use our global product ecosystem as a marketplace to accelerate time to revenue, scale, and exit. Anchored by GCM Grosvenor, we’re deploying Fund III with both prior funds in top decile DPI and TVPI, more than $20B in value created, and 6 IPOs to date. Learn more at Mighty.Capital.

Media Contact

Emma Shirlin, Products That Count, 1 8287020154, emmashirlin@productsthatcount.com

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Thomson Reuters Announces Cash Distribution Per Share and Share Consolidation Ratio for Return of Capital and Share Consolidation Transactions

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May 1, 2026

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Participating shareholders to receive cash distribution of US$1.435518 per common share

Shares to begin trading on a post-consolidated basis on May 4, 2026

TORONTO, May 1, 2026 /PRNewswire/ — Thomson Reuters (TSX/Nasdaq: TRI) today announced the cash distribution per share and the share consolidation ratio for its return of capital and share consolidation transactions, which have received the requisite approvals and will be effective at 3:01 a.m. (Toronto time) on May 4, 2026. The company’s common shares will begin trading on the Toronto Stock Exchange (TSX) and the Nasdaq on a post-consolidated basis when the markets open on May 4, 2026. The company’s trading symbol will remain “TRI” on both exchanges. The new CUSIP number for the post-consolidated common shares is 884903881 and the new ISIN number is CA8849038812.

The return of capital and share consolidation transactions consist of a distribution of US$1.435518 per common share (US$605 million in the aggregate) and a consolidation of the company’s outstanding common shares (or “reverse stock split”) at a ratio of 1 pre-consolidated share for 0.984560 post-consolidated shares. The share consolidation is proportional to the special cash distribution and the share consolidation ratio was based on the volume weighted average trading price of the shares on the Nasdaq for the five trading day period which ended today.Eligible shareholders who duly exercised their right to opt out of the return of capital will not receive the cash distribution. Each opting-out shareholder will still participate in the transactions through a share exchange and the share consolidation, but will continue to hold the same number of shares that it currently holds. Such opting-out shareholders will realize a proportionate increase in their equity and voting interests in the company by virtue of the consolidation of the participating shares under the share consolidation.

As promptly as practicable after the transactions are effective, Computershare Investor Services Inc., the company’s depositary for the transactions, will deliver cash distribution amounts to registered participating shareholders, subject to the terms and conditions of the transactions. The effects of the share consolidation will be reflected in the company’s share register. Beneficial or non-registered shareholders participating in the return of capital will receive cash distributions from their intermediary and the effects of the share consolidation will be recorded in their accounts.

Fractional shares will not be issued as part of the return of capital and share consolidation transactions and shareholders will receive the value of any fractional shares in cash, subject to certain exceptions described in the company’s management proxy circular dated March 13, 2026 (the “Circular”).

The Canadian and U.S. tax consequences of the return of capital and share consolidation transactions are complex. Shareholders are encouraged to review the Circular and related materials carefully and to consult their financial, tax and legal advisors.

Further details of the return of capital and share consolidation transactions are described in the Circular and related materials, which are available on www.thomsonreuters.com/2026specialmeeting. The return of capital and share consolidation documents were previously filed with the Canadian securities regulatory authorities on SEDAR+ and are available at www.sedarplus.ca. The documents were also furnished to the U.S. Securities and Exchange Commission through EDGAR and are available at www.sec.gov.  

About Thomson Reuters

Thomson Reuters (TSX/Nasdaq: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is the world’s leading provider of trusted journalism and news. For more information, visit thomsonreuters.com.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this news release are forward-looking within the meaning of applicable Canadian and U.S. securities laws, including the Private Securities Litigation Reform Act of 1995, including statements relating to the completion of the return of capital and share consolidation transactions and the anticipated tax treatment for shareholders participating in the return of capital and those opting out. These forward-looking statements are based on certain assumptions and reflect our company’s current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the risk factors discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. There is no assurance that the return of capital and share consolidation transactions will be completed or that other events described in any forward-looking statement will materialize. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements.

CONTACTS
MEDIA
Zoe Zanettos
Director, Corporate Affairs
+1 647 202 8948
zoe.zanettos@thomsonreuters.com 

INVESTORS
Gary E. Bisbee, CFA
Head of Investor Relations 
+1 646 540 3249
gary.bisbee@thomsonreuters.com 

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Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand

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May 1, 2026

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HUNTSVILLE, Ala., May 1, 2026 /PRNewswire/ — Lockheed Martin (NYSE: LMT) has been selected by U.S. Space Force Space Systems Command to develop capabilities supporting the Space-Based Interceptor (SBI) program. These agreements mark progress toward fielding core elements of an integrated, layered homeland defense solution. 

This work will accelerate development, testing and integration of SBI capabilities, delivering an early engagement layer that expands coverage, enhances survivability and strengthens deterrence against emerging missile threats.

Lockheed Martin’s SBI system leverages our experience with combat-proven interceptors like THAAD and PAC-3 as well as the Next Generation Interceptor, hypersonic strike systems and missile warning and tracking systems.

The result is an early, additional layer to the multi-domain, layered shield that protects the homeland and critical infrastructure from evolving missile threats.

“Lockheed Martin is already making next generation integrated air and missile defense a reality with our proven capabilities and the expertise across our entire network,” said Robert Lightfoot, Lockheed Martin Space president. “We’re investing in technology and infrastructure, while bringing together the strength of the full industrial base, to deliver advanced capabilities like SBI faster and are committed to delivering an integrated demonstration by 2028.” 

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.Lockheedmartin.com.

The views and conclusions contained in this document are those of the authors and should not be interpreted as representing the official policies, either expressed or implied, of the U.S. Government.

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