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Hyundai Motor Group Delivers Enhanced In-Car Experience Through Equinix Data Centers Globally

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REDWOOD CITY, Calif., and SEOUL, Korea, May 8, 2025 /PRNewswire/ — Hyundai Motor Group (the Group) is deploying its dedicated private cloud platform, HCloud, within Equinix data centers globally to enhance customer experience and improve service quality for its more than 10 million connected car service subscribers.

HCloud is the Group’s proprietary cloud platform that was developed in response to the growing demand for real-time data processing, seamless connectivity and scalable infrastructure, driven by rapid advancements in connected and autonomous vehicles.

The Group is leveraging Equinix International Business Exchange™ (IBX®) data centers across Asia, the United States and Europe, as well as Equinix Fabric®, to interconnect HCloud to multiple public cloud providers, including Amazon Web Services (AWS). This hybrid multicloud architecture accelerates the global rollout of connected car services while ensuring reliable connectivity, consistent service coverage and reduced latency.

Hyundai Motor Group is a global enterprise that comprises the mobility brands—Hyundai Motor, Kia and Genesis. The Group’s CCS provides in-car infotainment and mobile applications via wireless networks. Since its launch in 2003, the Group has acquired over 10 million global CCS subscribers as of 2023 and is aiming to reach 20 million by 2026. To continue the growth, it is making significant investments in the development and expansion of HCloud to deliver enhanced in-car services, including a personalized driving experience.

As 95% of new vehicles are expected to be connected by 2030,1 the Group recognized the need for distributed data processing and proximity to cloud and network ecosystems to ensure an excellent user experience. This led to the deployment of the HCloud in Equinix IBX data centers in Seoul, Los Angeles and Frankfurt, strategically selected for their global reach, carrier density and high operational standards backed by service-level agreements (SLAs). Equinix’s proximity to major cloud and network providers will enable the Group to connect with key partners, while supporting robust performance and scalability.

Through its deployment at Equinix, the Group has enhanced app responsiveness and improved the quality of its remote services. The collaboration supports the company’s transition to software-defined vehicles (SDVs) and lays the foundation for smarter, safer and more connected mobility solutions.

Supporting Quotes

Youngjoo Han, Vice President and Head of IT Infra Center, Hyundai Motor Group
“By leveraging Equinix’s global data centers, we are providing high-quality connected car service and improving user experience through reduced latency, stable global connectivity and enhanced scalability of our HCloud platform. The partnership with Equinix is taking us a step closer to becoming the global leader in connected car services. We look forward to continuing this journey with Equinix to sustain the momentum of our growing connected car ecosystem worldwide.”Chris Jang, Managing Director, Equinix Korea
“The future of the automotive industry lies in connected cars. Through a hybrid multicloud infrastructure, auto manufacturers can take advantage of cloud services while maintaining the flexibility to choose between secure, dedicated colocation infrastructure and highly scalable cloud services for each workload they support. Equinix, with its global footprint, offers not only the necessary infrastructure but also an interconnected digital ecosystem and network-dense infrastructure. This can enable Korean companies, including Hyundai Motor, to accelerate their digital transformation and optimize the customer experience.”

Additional Resources

Digital Ecosystems Are Driving Autonomous Vehicles Forward [blog]

About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners, and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel and construction, as well as logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia and Genesis. Armed with creative thinking, cooperative communication, and the will to take on any challenges, we strive to create a better future for all.

More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by HyundaiKia Global Media Center (kianewscenter.com), Genesis Newsroom

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

1 Michele Bertoncello, Christopher Martens, Tobias Schneiderbauer and Kilian Zedelius, “Corporate business building to unlock value in automotive connectivity,” McKinsey & Company, August 31, 2023.

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SOURCE Equinix, Inc.

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CHAI AI, Backed by CoreWeave and AMD, Hits $80M ARR with talks of $2.4B Valuation

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PALO ALTO, Calif., April 30, 2026 /PRNewswire/ — Following a pivotal 2025 investment from CoreWeave and AMD, CHAI AI has maintained an unstoppable growth trajectory, surpassing $80 million ARR at the close of Q1 2026, propelling the company to an estimated $2.4 billion valuation.

“Millions of people use our social AI platform every day, and our continued growth is a direct reflection of our incredible talent,” said William Beauchamp, founder of CHAI AI. “I moved the company from the UK to Palo Alto in 2022 because it is where I can find talented engineers. Our growth is driven by fast iteration cycles and the hard work of the engineers.”

What is the mission of CHAI AI? People want to create their own AI and share it with others, and they want to discover and interact with AI built by people they follow. Just as social media platforms emerged when video creation and consumption became ubiquitous, social AI platforms are now emerging to meet an equivalent wave of consumer demand for generative AI creation, sharing, and interaction.

What is the growth rate and traction? In the last three consecutive years, CHAI AI has sustained a 3x growth rate with ARR crossing $80 million by the end of Q1 2026 and a projection to surpass $200 million.

What is the valuation of CHAI AI? CHAI AI is estimated to have a valuation of $2.4 billion as of Q1 2026, based on $80 million in ARR and its sustained growth rate.

Who are the major investors in CHAI AI? AMD and CoreWeave are the primary, strategic investors in CHAI AI, bringing its total investment to date to over $55 million.

What is the culture like at CHAI AI? Our fast-growing company is supported by a talented engineering team that thrives on fast iteration cycles and takes on the most challenging problems in the field. CHAI AI operates with a high-bar, high-reward culture where engineers own entire product segments end-to-end, from prototyping to production.

What is the compensation? CHAI AI competes with top-paying companies such as Jane Street, OpenAI, Meta, and Citadel. We pay 100% cash salaries and are known for generous compensation offers, with the option to trade a portion of cash for stock options. The founding team’s background is in quantitative trading, and they have maintained a compensation philosophy consistent with that culture.

How do promotions and performance reviews work? Performance is reviewed on a daily basis, and engineers are expected to work hard and drive impact. At the beginning of each year, there is a performance-based salary increase.

What is the management structure? The structure is flat, with a team of 15 to 20 engineers.

What are the typical working hours? Engineers at CHAI AI typically work from 9 AM to 5 PM during weekdays, as well as Saturday morning.

Is there vacation or PTO? CHAI AI does not have a set number of vacation days on the calendar, but we respect that employees need time to recharge. In practice, most engineers take around 20 days off per year.

Is the role fully in-person in Palo Alto, hybrid, or remote-friendly? All CHAI employees are expected to work in person in Palo Alto. As a startup that moves fast, we want to ensure the team stays in sync.

What’s the onboarding experience like for new engineers? New hires follow a structured 3-month onboarding plan. Each new hire is paired with an experienced hire and ramped up quickly. You will be assigned high-impact tasks from day one, with clear evaluation metrics and direct mentorship from peers.

Press Contact:
CHAI AI Press
+1 (626) 594-8966

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SOURCE Chai AI

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Greenberg Traurig Shareholder Lisa M. Lanham to Speak at MBA Legal Issues & Regulatory Compliance Conference

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MIAMI, April 30, 2026 /PRNewswire/ — Lisa M. Lanham, a shareholder in global law firm Greenberg Traurig, P.A.‘s Financial Regulatory & Compliance Practice, will speak at the Mortgage Bankers Association’s (MBA) Legal Issues & Regulatory Compliance Conference, taking place May 4-7 at the InterContinental Hotel in Miami.

Lanham will participate in the session titled “Emerging Issues Track: The Risk Behind the Race — Employee Mobility, Data, and Licensing,” scheduled for 3:30-4:45 p.m. Monday, May 4. The panel will examine how competitive hiring practices, proprietary data use, and evolving multistate licensing frameworks are creating heightened legal and regulatory risks for independent banks. Panelists will discuss recent litigation trends, data protection considerations, and operational practices that can expose institutions to increased scrutiny.

Based in the firm’s Miami office, Lanham’s practice focuses on consumer financial services regulatory compliance and licensing. She regularly advises mortgage lenders, servicers, fintech companies, and financial institutions on navigating complex federal and state regulatory regimes, workforce mobility issues, and compliance risk management.

The MBA Legal Issues & Regulatory Compliance Conference is a leading industry forum bringing together legal, compliance, and business professionals to address emerging regulatory challenges facing the mortgage banking industry.

About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,100 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.

View original content:https://www.prnewswire.com/news-releases/greenberg-traurig-shareholder-lisa-m-lanham-to-speak-at-mba-legal-issues–regulatory-compliance-conference-302759523.html

SOURCE Greenberg Traurig, LLP

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Teenage Mutant Ninja Turtles: Empire City Out Now on Meta Quest, Pico, and Steam VR

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Award-winning Cortopia Studios launches the first-ever Turtles VR game

STOCKHOLM, April 30, 2026 /PRNewswire/ — The Teenage Mutant Ninja Turtles have been everywhere from New York City to Dimension X, but with the launch of Teenage Mutant Ninja Turtles: Empire City, Beyond Frames Entertainment and Cortopia Studios take the iconic heroes into an all-new reality for the very first time: virtual reality.

Watch the full release trailer here: https://youtu.be/TK2PFmvvVf0

Available now on Meta Quest, Steam VR, and Pico for $24.99, Teenage Mutant Ninja Turtles: Empire City is a story-based action adventure game that can be enjoyed single-player, or with friends in optional co-operative multiplayer, allowing players to join together and push against the forces of The Foot.

Teenage Mutant Ninja Turtles: Empire City takes players to a New York City where the Shredder has been defeated and, in the void left behind, warring factions are vying for total control – from Karai, the leader of the Japanese branch of The Foot Clan, to Mashima, a mystic determined to resurrect the ruthless chaos and power that he believes their fallen leader stood for. 

Players will explore the neighborhoods you’ve sworn to protect, square off against classic foes, and chow down on pizza – just like a real Turtle. In Teenage Mutant Ninja Turtles: Empire City, players are in full control of their play style and experience, engaging however they feel their favorite Turtle would – from stealthy attacks to outright berserker action. 

In addition to the base game, Teenage Mutant Ninja Turtles: Empire City is available with a Digital Deluxe Edition upgrade for $4.99, featuring four alternate skins for each Turtle (Mirage, Nostalgia, Owari Masks and Red Masks), alongside an in-game digital art book and an in-game browsable soundtrack.

To learn more, follow Teenage Mutant Ninja Turtles: Empire City on Discord, X, TikTok, Instagram and Facebook.

PRESS KIT

Press kit for Teenage Mutant Ninja Turtles: Empire City can be found here: https://bit.ly/3GMgdqP

CONTACT:

Press Contact: Jim Squires, press@beyondframes.com
Beyond Frames Publishing: Maeva Sponbergs, Head of Publishing, hello@beyondframes.com, +46 8 50235808

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/beyond-frames/r/teenage-mutant-ninja-turtles–empire-city-out-now-on-meta-quest–pico–and-steam-vr,c4342105

The following files are available for download:

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SOURCE Beyond Frames

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