LAS VEGAS, July 2, 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 from between June 30, 2026, and July 1, 2026, the Company has acquired an additional 67 Bitcoin bringing its total Bitcoin Treasury to approximately 849 Bitcoin.

“We continue to believe in Bitcoin as a foundational asset of the future digital economy and of the Company’s balance sheet,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “We believe that Bitcoin will anchor our balance sheet and provide significant long-term value to the Company and its stockholders while retaining flexibility for the Company’s capital structure. We plan to continue acquiring Bitcoin through a disciplined dollar-cost-averaging strategy in order to maximize the potential for long-term upside.”

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, Ault Capital Group, Inc. (“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.

A New Category Designed to Preserve and Amplify Trusted Human Intelligence

At the AI for Good Global Summit 2026, Praxis AI introduces the Praxis Human-First Agentic Platform™: the technology, trust, intelligence, and economic infrastructure for Human-First AI.

GENEVA, July 2, 2026 /PRNewswire/ — The first era of artificial intelligence transformed access to information and computation. Praxis AI believes the next era will transform access to trusted human intelligence.

Building on decades of foundational advances in AI, including contributions by AI visionary Ray Kurzweil in pattern recognition, machine intelligence, and knowledge representation, Praxis AI has identified the defining challenge of this next era: not building increasingly capable models, but building intelligent systems that remain human-directed, human-governed, and designed to preserve, amplify, and responsibly scale the knowledge, judgment, creativity, and expertise that make people uniquely valuable.

Meeting that challenge requires more than a new product or model. It requires an entirely new category of artificial intelligence.

At the AI for Good Global Summit 2026, organized by the International Telecommunication Union (ITU) in partnership with more than 50 UN agencies and co-convened with the Government of Switzerland, the company introduces Praxis Human-First AI™: artificial intelligence built to keep human expertise trusted, protected, and continuously available – with people, not models, directing every intelligent interaction.

The company will present its vision during the featured fireside conversation, “Foresight with a Heartbeat: Human-First AI and the Rise of Amplified Intelligence,” with David James Clarke IV, Chief Executive Officer and Co-Founder, and Sharyn Outtrim, Chief Marketing Officer and Co-Founder, on Thursday, July 9, from 2:30–3:00 p.m. CEST on the Town Square Stage at Palexpo.

Defining Human-First AI

Praxis AI defines Human-First AI as artificial intelligence built on its Human-First Agentic Platform: a trusted infrastructure that enables AI to be created, governed, protected, and continuously improved, with humans serving as the conductors who guide AI with purpose, judgment, and oversight.

Human-First AI is not a single product or model. It is an integrated ecosystem of technologies designed to make trusted human expertise persistent, protected, and accessible across people, organizations, and generations.

Every Human-First AI experience begins with the same five conditions: a trusted human source, a governed purpose, protected knowledge, measurable accountability, and continuous human oversight.

Praxis AI calls the result Amplified Intelligence: the emergent capability created through continuous collaboration between human expertise and Human-First AI. Rather than replacing human judgment, Human-First AI learns from, extends, and amplifies it, creating outcomes that neither humans nor AI could achieve independently, while expanding access to trusted expertise across people, organizations, and generations.

The Architecture of Human-First AI

Human-First AI builds on decades of progress in artificial intelligence while addressing a new challenge. Inspired by the pioneering work of AI visionary Ray Kurzweil in pattern recognition, machine intelligence, and knowledge representation, Praxis AI has developed a unified architecture that extends those advances by keeping trusted human intelligence at the center of every AI experience.

The Praxis Human-First Agentic Platform is architected as a complete, integrated stack, with each layer purpose-built to address a distinct requirement for deploying trusted AI at scale.

At the foundation is the trust layer: the Patented Praxis IP Vault™ protects proprietary human knowledge through advanced encryption and access-controlled governance, ensuring that expertise uploaded to the platform cannot be used to train third-party models or accessed without authorization. PraxisShield™ extends this protection across the entire platform, providing enterprise-grade governance and compliance infrastructure.

The intelligence layer is organized around two proprietary systems. The 3D Digital Brain™ models the structure, relationships, and reasoning patterns of human expertise, enabling knowledge to be organized, connected, and experienced through more natural and intuitive interactions rather than retrieved as static documents. The Agentic Bus™, inspired by the synaptic architecture of the human brain, intelligently connects and coordinates AI agents as neural pathways coordinate human thought, enabling complex workflows to be distributed, managed, and refined across multiple models and systems in real time. The Human-First Agentic Platform is an intelligence infrastructure that grows sharper with every interaction, continuously refined by the humans who use it.

Built on this foundation, the platform intelligently orchestrates work across multiple AI models, optimizing quality, performance, and cost while supporting voice personalization, photorealistic avatars, enterprise middleware, and immersive AI experiences. The result is an ecosystem where trusted expertise is preserved, human capability is expanded, and intelligent systems learn with people rather than simply respond to prompts.

The economic layer, Praxis Universal Credit™, provides the exchange infrastructure that makes trusted human intelligence a distributable, governable digital asset. As a universal intelligence exchange layer, Praxis Universal Credit enables Praxis Human-First Digital Twins™, intelligent agents, and immersive AI experiences to be securely accessed, licensed, exchanged, and intelligently optimized across people, organizations, and platforms, establishing the economic foundation for what Praxis sees as an emerging intelligence economy.

Together, the Human-First Agentic Platform and Praxis Universal Credit represent the technological and economic infrastructure for Human-First AI: a complete architecture for creating, protecting, governing, and scaling trusted human intelligence at enterprise and institutional scale.

“For decades, we built infrastructure for information: the internet, cloud computing, and now artificial intelligence,” said David James Clarke IV, CEO and Co-Founder of Praxis AI. “But algorithms scale computation. People create meaning. The next era of AI will be defined by trusted infrastructure that allows human intelligence to persist, collaborate, and evolve. Human-First AI is our answer to that moment: AI designed not to replace people, but to preserve, amplify, and responsibly scale what makes them valuable.”

“Human-First AI begins with a simple principle: start with the human, not the model,” said Sharyn Outtrim, CMO and Co-Founder of Praxis AI. “Technology earns trust when it expands human capability, protects human knowledge, and strengthens human relationships. Praxis AI is defining the category of Human-First AI: artificial intelligence built to keep trusted human expertise protected, persistent, and available at the scale the world needs.”

Human-First AI in Practice

As part of AI for Good 2026, Praxis AI will demonstrate Human-First AI through NOVA: the Summit’s first AI-powered digital concierge and personalized conference curator. Powered by the Praxis Human-First Agentic Platform, NOVA builds a persistent memory of each attendee’s purpose and interests, mapping them to the Summit’s themes and tracks in real time to surface relevant sessions, facilitate speaker connections, and help delegates navigate the conference with clarity and intention.

NOVA is one application in a growing family of Human-First AI experiences that includes Human-First Digital Twins, intelligent agents, immersive AI applications, and enterprise intelligence solutions, all designed to preserve trusted expertise and expand human capability.

The platform’s impact is already measurable at scale. Across more than 180 institutions in three countries, Praxis-powered Human-First AI has achieved sustained engagement rates exceeding 70 percent, more than three times the industry average, while helping learners improve by a full letter grade in subject mastery. By making trusted human expertise available to more than 300,000 people, 24 hours a day and in more than 100 languages, Human-First AI is expanding access to personalized guidance regardless of geography or socioeconomic circumstance, ensuring that a first-generation technical school student receives the same quality of expert support as a student at an elite university.

Additional Human-First AI innovations built on the Praxis Human-First Agentic Platform will be introduced during AI for Good 2026, demonstrating how trusted human intelligence can be preserved, amplified, and responsibly shared across generations.

About Praxis AI

Praxis AI is creating the category of Human-First AI: artificial intelligence designed to preserve, amplify, govern, and responsibly scale trusted human intelligence. Through a strategic joint venture with Kurzweil Technologies, the company’s Human-First Agentic Platform is directly infused with the foundational AI technologies and visionary roadmap developed by renowned inventor and futurist Ray Kurzweil. This partnership provides the technology, trust, intelligence, and economic infrastructure for building AI experiences that keep people at the center of every intelligent interaction.

Built on the philosophy of Amplified Intelligence, the platform combines proprietary technologies, including Patented Praxis IP Vault, PraxisShield, 3D Digital Brain, Agentic Bus, and Praxis Universal Credit, to power Human-First Digital Twins, intelligent agents, NOVA, immersive avatars, and future Human-First AI applications.

Praxis and Kurzweil share a core belief: the future of artificial intelligence is not about replacing human intelligence, but preserving and amplifying it for the benefit of society. Just as the internet became the infrastructure for information, Human-First AI will become the infrastructure for trusted human intelligence.

Learn more at Praxis-AI.com.

Media Opportunities

David James Clarke IV, CEO & Co-Founder, and Sharyn Outtrim, CMO & Co-Founder, are available throughout AI for Good 2026 for executive briefings, media interviews, live conversations with Human-First Digital Twins, and discussions on Praxis Human-First AI, Amplified Intelligence, and the future of trusted AI infrastructure. Advance scheduling is encouraged. Media are invited to experience Human-First AI firsthand.

Praxis Human-First AI™, Human-First Agentic Platform™, Praxis Human-First Digital Twins™, PraxisShield™, Praxis Universal Credit™, Praxis IP Vault™, 3D Digital Brain™, and Agentic Bus™ are trademarks or registered trademarks of Praxis AI. All other trademarks are the property of their respective owners.

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SOURCE Praxis AI

CPD-certified “HR Compliance for Managers” goes live on 1 July 2026, equipping the people who make employment-law decisions every day to manage legally, fairly and with confidence.

LONDON, July 2, 2026 /PRNewswire/ — Avado, the UK’s leading provider of online HR training and CIPD qualifications, today launches HR Compliance for Managers, a new CPD-certified course created in partnership with one of the UK’s best-known employment law and HR speakers, Amanda Chadwick. The course is available to UK organisations and individual learners from today.

The launch comes at a pivotal moment for UK employers. The Employment Rights Act 2025, the most significant overhaul of UK employment law in a generation, became law in December 2025 and is being rolled out in stages through 2026 and 2027. Some changes are already in force. A new enforcement body, the Fair Work Agency, began operating in April 2026, and new day-one rights including paternity leave and statutory sick pay took effect the same month. The changes with the biggest impact on managers are still to come. From October 2026, the time limit for bringing most tribunal claims will extend from three to six months and employers’ duty to prevent sexual harassment will be strengthened to a duty to take all reasonable steps. From January 2027, the qualifying period for unfair dismissal claims will fall from two years to six months and the cap on unfair dismissal compensation will be removed. For employers this means a rising level of legal risk and a narrowing window to prepare.

Much of that risk sits with managers rather than HR. Managers hire, discipline, manage absence, handle grievances and make termination decisions every day, often with no formal training in the law behind those decisions. When something goes wrong, the cost lands on the business.

HR Compliance for Managers is built to close that gap. The six-unit, six-hour course combines expert-led video with interactive scenarios, knowledge checks and practical templates. It covers the current legal landscape, fair and legal hiring, managing performance and absence, disciplinary and grievance essentials, wellbeing and psychological safety, and confident day-to-day HR compliance. It is written for non-specialist managers and delivered online at the learner’s own pace.

Demand is already clear. In a recent Avado survey of more than 500 HR professionals, employment law essentials came out as the top training priority for 2026.

Alexis Regan, Chief Executive Officer of Avado, said:

“For more than a decade, Avado has helped HR and L&D professionals build the skills and confidence to grow their careers. This partnership extends that support across the whole business, to every manager whose everyday decisions shape whether an organisation stays on the right side of the law. Amanda is one of the most trusted and engaging voices in UK employment law, and combining her expertise with our learning platform lets us deliver something rigorous and practical at the moment UK employers need it most. HR compliance can no longer stop at the HR team’s door. We’re here to support everyone who manages people, wherever they sit in the organisation.”

HR Compliance for Managers is available now at avadolearning.com.

About Avado

Avado is a leading provider of online HR training and CIPD qualifications in the UK and Middle East. For more than a decade, Avado has partnered with the Chartered Institute of Personnel and Development (CIPD) to help HR and L&D professionals develop the skills and confidence to grow their careers, supporting tens of thousands of learners across its accredited programmes. For more information, visit avadolearning.com.

About Amanda Chadwick

Amanda Chadwick is an experienced and well-known speaker specialising in all areas of employment law, HR, health & safety and employee wellbeing. Over a career spanning more than 25 years as a presenter, broadcaster and author, she has advised tens of thousands of business owners on everyday employment and health & safety issues, representing at tribunal, mediating, mentoring and training, and is known for making complex legal subjects accessible and engaging.

Media contact: Ting-Wei Wu, Performance Marketing Executive, Avado, ting-wei.wu@avadolearning.com

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