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Latent AI Drives Edge AI Adoption with Record Growth and Breakthrough Innovations

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Edge AI Innovator Launches Groundbreaking Platform, Expands Technological Footprint for Commercial and Defense Applications

PRINCETON, N.J., Jan. 21, 2025 /PRNewswire/ — Latent AI, a leader in edge AI solutions for national security applications, today announced significant technological advancements and market momentum, highlighted by breakthrough deployments across U.S. defense agencies, a landmark commercial partnership with FSP in sports technology, and the expansion of its Princeton headquarters. The company’s Latent AI Efficient Inference Platform (LEIP) is transforming AI deployment by enabling model compression up to 10x while maintaining accuracy, with successful implementations in Army, Navy, and Air Force missions, and innovative applications like the FSP Trusted Sports Network.

Read the blog: The New Frontier of AI: How Latent AI is Leading the Shift from Cloud to Edge

Latent AI Transforms Edge AI Deployment with Breakthrough Platform and Innovative Applications

Latent AI is revolutionizing AI processing by solving two critical challenges: the complexity of optimization and the limitations of edge devices. The Latent AI Efficient Inference Platform (LEIP) enables developers to compress AI models while maintaining accuracy and automatically optimize them for specific hardware targets. This breakthrough allows AI applications that previously required powerful cloud servers to run efficiently on resource-constrained devices like drones, sensors, and mobile equipment – even in environments with limited connectivity.

In a landmark demonstration of this capability, Latent AI has partnered with FSP to launch the FSP Trusted Sports Network, the first platform to provide instant, AI-verified scoring across competitive sports. The network plans to debut with the Million Dollar Roll, a groundbreaking bowling competition that showcases the power of edge computing in real-world scenarios. By deploying advanced computer vision and AI technologies, the partnership enables real-time scoring and verification across thousands of sporting venues, including bowling, pickleball, badminton, and table tennis.

The sports network highlights Latent AI’s technological capabilities:

Real-Time Verification: Sensors and cameras capture each sporting event, with AI models providing immediate, accurate scoring and anomaly detectionSecure Architecture: Local processing reduces data transmission and security risksScalable Infrastructure: Optimized 8-bit models enable cost-effective deployment across thousands of venues

The company has significantly advanced its platform capabilities through several major releases. LEIP 3.0, launched in early 2024, introduced pre-qualified model configurations revolutionizing edge computer vision deployment. The subsequent release of LEIP Optimize 4.0 delivered breakthrough automation for ML model optimization on edge devices, while LEIP Design now features over 1,000 pre-qualified model configurations for rapid deployment.

“The past year has demonstrated that AI’s true potential lies in its ability to process information precisely where decisions need to be made,” said Jags Kandasamy, CEO of Latent AI. “Whether supporting national defense missions or transforming competitive sports, our technology enables real-time, context-aware processing that brings unprecedented accuracy and trust to critical applications.”

These innovations have translated into significant market traction. The U.S. Army recently selected Latent AI as one of just 15 elite companies for its prestigious xTechPrime initiative. Through the Defense Innovation Unit’s Project AMMO, now from prototype to production, the company demonstrated a remarkable 97% reduction in model update time for the U.S. Navy’s underwater threat detection capabilities. In addition, Latent AI is supporting the U.S. Air Force in its exploration of on-board generative AI models for anomaly detection using geospatial data on Unmanned Aerial Systems (UAS).

Strategic Technology Alliances and Hardware Integrations

Strategic partnerships with industry pioneers have validated Latent AI’s position as a leader in edge AI innovation. The Carahsoft partnership expands edge AI accessibility across the federal government, while the FSP Network collaboration advances commercial edge AI applications.

A landmark partnership with ESRI integrates LEIP with ArcGIS software, transforming geospatial intelligence by enabling AI-powered decision-making on drones, sensors, and edge devices. This integration is particularly valuable in remote areas with limited bandwidth.

Latent AI continues strengthening its edge AI position through strategic partnerships with leading hardware providers. These collaborations enable Latent AI to deliver optimized AI solutions across a range of computing platforms and environments.
Its participation in the NVIDIA Inception program has enabled integration of the Latent AI Efficient Inference Platform (LEIP) across NVIDIA’s hardware ecosystem:

High-performance workstations with RTX Ada Generation GPUsIndustrial-grade IGX Orin platformEdge-focused Jetson platforms

Working with Dell has expanded Latent AI’s reach onto ruggedized hardware. LEIP is now optimized for Dell’s industrial and field-deployable hardware, including:

Pro Rugged 13 laptopsLatitude 7230 Rugged Extreme tabletsLatitude 7030 Rugged Extreme tablets

This collaboration brings AI capabilities to challenging environments where traditional computing solutions aren’t viable. By running LEIP on Dell Precision hardware with NVIDIA GPUs can accelerate AI model training by up to 300x compared to CPU-only processing.

Read the blog: Latent AI: Enhancing Edge Intelligence with Dell and NVIDIA AI

These strategic hardware partnerships significantly expand Latent AI’s ability to serve diverse market needs. By delivering ready-to-deploy edge AI solutions on industry-standard hardware, the company enables customers across defense, industrial, and commercial sectors to implement AI capabilities quickly and effectively. These partnerships provide flexible deployment options spanning from traditional data centers to remote field locations, accelerating the adoption of edge AI through proven hardware integrations.

Expanded Headquarters and Research Initiatives

Responding to surging demand, Latent AI more than doubled its headquarters footprint in Princeton’s technology corridor. The expansion from 4,000 to 9,800 square feet in the S&P Global Building will house a state-of-the-art data center for edge AI testing and benchmarking, along with workspace for at least 20 new AI engineers focused on developing next-generation edge AI capabilities.

“AI has caught the world by storm and to be truly scalable, AI processing needs to happen at the edge,” continued Kandasamy. “This expansion reflects our rapid growth and our commitment to leading that charge for national defense and commercial applications. As we scale our team and capabilities in Princeton, we’re positioned to accelerate the development of solutions for the true edge that enable real-time decision-making where it matters most.”

The company also announced its participation in the NJ AI Hub at Princeton University, where it will collaborate on advancing edge AI research and innovation. As one of New Jersey’s earliest AI startups, Latent AI is poised to contribute its expertise in adaptive AI optimization to accelerate the development of energy-efficient, scalable edge solutions for real-world applications.

Latent AI to Showcase Edge AI Technologies at Premier Industry Conferences and at New Online Presence

Latent AI is set to unveil its platform across multiple high-profile industry events in 2025, marking a significant milestone in the company’s digital transformation and technological showcase. The company will demonstrate its edge AI technology at these upcoming conferences, giving technology leaders a firsthand look at advances in edge computing:

WEST 2025 defense technology symposium, January 28-30, in San Diego with a presence that includes collaboration with HP, Inc.ESRI Federal GIS Conference, February 24-26, in Washington, D.C.NVIDIA GTC 2025, March 17-21, in San Jose, in collaboration with Dell.Dell World, May 19-21, in Las Vegas.

Latent AI has also launched an updated website (latentai.com) that provides interactive demonstrations of its most sophisticated technologies, including AI model fine-tuning for Android platforms, innovative model compression techniques, and advanced security measures like AI model watermarking to ensure technological integrity and traceability.

New Video Demos:

Fine-Tuning and Deploying AI Models on Android with LEIP OptimizeCompressing AI Models for Edge Devices with LEIP OptimizeSecuring Your AI Models: Watermarking with LEIP OptimizeStreamline Your AI Workflow with LIEP Design

About Latent AI
Latent AI delivers edge AI solutions that enable rapid deployment of artificial intelligence capabilities on any device. Founded in 2018, the company’s developer platform helps government and commercial organizations implement efficient, secure AI solutions at the edge. Latent AI’s tools enable developers to build and update secure, adaptive models for field or laboratory use, serving defense and commercial customers. For more information, visit latentai.com.

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SOURCE Latent AI

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Global AI Leader and Enterprise Transformation Visionary Zeya Ottomone Appointed Chief Executive Officer of Integrow

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Author of Empowered to Execute in the Agentic Era to Lead Next Generation of AI-Powered Enterprise Innovation

ATLANTA, July 24, 2026 /PRNewswire-PRWeb/ — Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

Integrow announced the appointment of Zeya Ottomone as Chief Executive Officer, marking a significant milestone in the company’s evolution as it accelerates its vision to become a global leader in Agentic AI-powered enterprise software and business transformation.

With more than three decades of executive leadership spanning Fortune 500 enterprises, global technology organizations, and enterprise software innovation, Ottomone joins Integrow at a defining moment in the evolution of artificial intelligence.

Widely recognized for helping organizations modernize operations, simplify complex business ecosystems, and deliver measurable transformation outcomes, Ottomone has led some of the industry’s largest enterprise modernization initiatives across ERP, CRM, workforce management, cloud computing, cybersecurity, artificial intelligence, and intelligent automation. His appointment signals Integrow’s commitment to redefining how enterprises execute strategy in the era of autonomous AI.

“Artificial Intelligence is no longer about automation alone, it’s about empowering organizations to execute faster, make smarter decisions, and fundamentally rethink how work gets done,” said Zeya Ottomone, Chief Executive Officer of Integrow. “We’re entering the Agentic Era, where intelligent AI agents become trusted digital teammates capable of planning, reasoning, collaborating and executing alongside people. At Integrow, we’re building the enterprise platform that makes that future practical, secure and measurable for every organization.”

Ottomone is internationally recognized as a leader in enterprise technology, SaaS transformation, digital modernization and AI-enabled business strategy. Throughout his career he has held executive leadership and C-level positions with ABB, Honeywell, AmerisourceBergen, Cable & Wireless, Chicago Tribune and Rimini Street, leading global organizations through large-scale transformation initiatives across North America, Europe, Asia-Pacific and the Middle East. His expertise spans enterprise applications, Salesforce ecosystems, ServiceNow, ERP modernization, customer experience, intelligent operations, data strategy, and the emerging field of Agentic AI.

Before joining Integrow, Ottomone led global SaaS Centers of Excellence focused on enterprise transformation, helping organizations modernize critical business operations while reducing technology complexity and accelerating innovation. A certified Lean Six Sigma Master Black Belt and recognized executive advisor, Ottomone has consistently delivered operational excellence by combining strategic leadership with emerging technologies to create sustainable business value.

His appointment also coincides with the upcoming publication of his new book, Empowered to Execute in the Agentic Era, which explores how organizations can bridge the gap between strategy and execution by leveraging AI, empowering people, and building intelligent enterprises capable of continuous innovation. The book reflects many of the same principles that will guide Integrow’s next phase of growth: human-centered AI, intelligent automation, operational excellence, and measurable business outcomes.

Under Ottomone’s leadership, Integrow will accelerate investment across:

Agentic AIEnterprise AI PlatformsIntelligent ERPAI-powered CRMHuman Capital ManagementIT Service ManagementPredictive AnalyticsAutonomous WorkflowsEnterprise CopilotsIndustry-specific AI Solutions

The company’s vision is to deliver a unified enterprise platform where AI is embedded into every business process, enabling organizations to eliminate operational silos, automate decision-making, increase productivity, and create competitive advantage through intelligent execution. “Zeya represents exactly the type of visionary leader required for the next generation of enterprise software,” said Harvey Nicholson, Chair of Corporate Governance and Member of Integrow’s Board of Directors. “His global experience, deep understanding of enterprise technology, and forward-looking vision for Agentic AI position Integrow to become one of the industry’s most innovative AI-powered enterprise software companies.”

Wayne Gadson, Chair of Growth Strategy, added: “The future belongs to organizations that can execute strategy with intelligence, speed and confidence. Zeya has spent his career helping enterprises achieve exactly that. His appointment marks the beginning of an exciting new chapter for Integrow, our customers and our partners worldwide.” As enterprises face mounting pressure to modernize operations, reduce costs, improve workforce productivity and harness the power of artificial intelligence, Integrow is uniquely positioned to help organizations transform through a single AI-powered enterprise platform that unifies finance, operations, customer engagement, workforce management, projects and service delivery.

“Our mission is simple,” Ottomone concluded. “We don’t believe AI should replace people. We believe AI should elevate people. The organizations that will define the next decade won’t simply adopt AI—they’ll empower every employee to execute better decisions every day. That’s the future Integrow is building.”

About Integrow

Integrow is a global enterprise software company delivering next-generation AI-powered business applications built on Salesforce. The platform unifies ERP, CRM, Human Capital Management, IT Service Management, Project Management, Field Service, Finance and Operations into a single intelligent ecosystem enhanced by Agentic AI.

By embedding artificial intelligence into every workflow, Integrow enables organizations to modernize operations, accelerate innovation, improve decision-making and execute strategy with confidence.

For more information, visit www.integrow.com.

Media Contact

Media Team, Integrow, Inc., 1 855-333-4769, info@integrow.com, www.integrow.com 

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SOURCE Integrow, Inc.

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Lufax Announces Board and Management Changes

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SHANGHAI, July 24, 2026 /PRNewswire/ — Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced changes to its board of directors and senior management, effective July 25, 2026.

Ms. Fangfang Cai (“Ms. Cai”), Mr. Shibang Guo (“Mr. Guo”) and Mr. Peifeng Li (“Mr. Li”) have resigned as non-executive directors of the Company and from their respective positions on the Board’s committees. Mr. Tongzhuan Xi (“Mr. Xi”) has resigned as an executive director, the chief financial officer and the authorised representative of the Company (“Authorised Representative”) under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Hong Kong Listing Rules”), with effect from July 25, 2026. Each of the four directors cited personal work arrangements as the reason for their resignation and confirmed there is no disagreement with the Board and no matter relating to their departure that needs to be brought to shareholders’ attention.

The Company has begun a search for a new chief financial officer. During the transition, the CFO’s duties will be temporarily assumed by the Company’s internal team to ensure continuity of the Company’s financial functions. Mr. Xiang Ji, an executive director and the Company’s chief executive officer, has been appointed as the Authorised Representative, the Company’s designated liaison with the Stock Exchange under the Hong Kong Listing Rules, in place of Mr. Xi, with effect from July 25, 2026.

The Board has appointed Mr. Wai Kin Chim (“Mr. Chim”) as an independent non-executive director for an initial three-year term commencing July 25, 2026.

Mr. Chim, aged 65, has over 40 years of experience in international banking and extensive board experience in Asia Pacific, having worked in Hong Kong, Singapore and Beijing. He specializes in risk management and internal control, with a strong emphasis on corporate governance, credit risk, market risk and capital management.

Mr. Chim served as a loan officer at Standard Chartered Bank, Hong Kong Branch, from October 1985 to August 1988. He was then employed by Bankers Trust Company, Hong Kong Branch, as a vice president of the Asia Credit Department from September 1988 to October 1996. He subsequently served as the managing director and the chief credit officer for Deutsche Bank AG, a company listed on the Frankfurt Stock Exchange under ticker symbol DBK, for Asia Pacific (non-Japan Asia), from October 1996 to November 2006. He joined Bank of China Limited, a company listed on the Main Board of the Stock Exchange under stock code 3988, as the chief credit officer from March 2007 to March 2015.

Mr. Chim was an independent non-executive director of Standard Chartered Bank (China) Limited from October 2015 to October 2017. He served as an independent non-executive director of HDR Global Trading Limited, owner and operator of the BitMEX digital asset trading platform, from February 2021 to February 2022. Mr. Chim served as a non-executive director of China Chengtong Hong Kong Company Limited from July 2022 to June 2025. Mr. Chim is currently an independent non-executive director of OCBC Bank (Hong Kong) Limited, since November 2017; an independent non-executive director of Banco OCBC (Macau), S.A., since August 2023; an independent non-executive director of China Intellogis Technology Co., Ltd., since June 2024; and a director of Hong Kong Dance Company Limited since June 2026.

Mr. Chim obtained a Bachelor of Science degree from the Chinese University of Hong Kong in 1983 and an MBA degree from Indiana State University, USA, in 1985. He also graduated from the Senior Executive Program at Columbia University in 2000.

In connection with these changes, with effect from July 25, 2026, Ms. Cai will step down from the Nomination and Remuneration Committee, and Mr. Koon Wing Ernest Ip has been appointed as a member to that committee. The Company’s Special Committee will comprise Mr. Dicky Peter Yip, Mr. Koon Wing Ernest Ip and Mr. Siu Hong Cheng, continuing under the chairmanship of Mr. Dicky Peter Yip, with effect from July 25, 2026.

The Board would like to take this opportunity to thank Ms. Cai, Mr. Guo, Mr. Li and Mr. Xi for their service during the tenure of their office and warmly welcome Mr. Chim to the Board.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. The Company offers financing products designed principally to address the needs of small business owners. In doing so, the Company has established relationships with 85 financial institutions in China as funding partners, many of which have worked with the Company for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

 

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SOURCE Lufax Holding Ltd

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UMD Smith School Researchers Warn AI Security Lapses Highlight Urgent Need for Independent Oversight

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COLLEGE PARK, Md., July 24, 2026 /PRNewswire/ — A series of recent AI security lapses—including the OpenAI–Hugging Face breach—raises a fundamental question, say a pair of researchers at the University of Maryland’s Robert H. Smith School of Business: Can tech companies safely govern the powerful AI systems they build, or is stronger outside oversight now essential?

In its incident report, OpenAI confirmed that one of its experimental AI agents exploited a weakness in its testing environment while working on a routine benchmark task. The system wasn’t instructed to behave maliciously; instead, its persistence turned a small design flaw into a real escape. Earlier tests showed similar behavior, including agents that learned to bypass security checks by manipulating authentication tokens.

This pattern echoes findings from Dean’s Professor of Information Systems Siva Viswanathan at the Smith School, who studies how large technology platforms enforce rules. His research on mobile app privacy—published in Management Science—examined Google’s rollout of Android 6.0, which gave users more control over what data apps could collect. Developers were granted a flexible window to update their apps. Many used that flexibility to delay compliance for months, continuing to gather user data until Google imposed consequences such as lower search rankings and reduced visibility in its app store.

Viswanathan’s takeaway: when companies rely on voluntary compliance, self‑interested actors often exploit the slack. Real accountability requires pairing flexibility with firm, enforceable penalties.

That lesson now reverberates across the AI sector. As companies race to build increasingly capable systems, Viswanathan says oversight must treat these AI systems as strategic actors and must include strong safeguards that can pause or reverse a system before harm occurs.

He notes that a separate study from Anthropic underscores the stakes. In controlled tests, even an AI system designed to monitor another AI inherited the same flaws it was supposed to catch. In some cases, the “judge” model failed to flag clear sabotage because it agreed with the agent’s goals, allowing dangerous behavior to pass without human review.

Balaji Padmanabhan, Dean’s Professor of Decisions, Operations and Information Technologies and director of the Smith School’s Center for Artificial Intelligence in Business, extends Viswanathan’s governance argument into the realm of autonomous AI agents, warning that the same structural weaknesses now carry far higher stakes.

“The fact that this breach occurred organically without the AI agent being asked to be malicious is itself notable. Imagine what someone who actually intends to do harm can do. It’s also not terribly reassuring that the same firms we depend on for AI infrastructure, who are facing these issues, are the ones assuring enterprises that their systems with guardrails are perfectly safe,” says Padmanabhan. “We have to wake up to the fact that we’ve created capabilities that let software become as powerful as we want it to be—and then some. It’s time we seriously ask what’s needed to create an infrastructure to play defense well.”

Across the independent studies, the pattern is consistent, says Viswanathan: Voluntary compliance fails when the governed actor is more capable than the regulator. And AI systems cannot be governed by trust or good intentions alone. Oversight must be preventive, independent and capable of stopping harmful behavior before it spreads.

About the University of Maryland’s Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

Contact: Greg Muraski, gmuraski@umd.edu

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SOURCE University of Maryland’s Robert H. Smith School of Business

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