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Tetrate Adds Token Brokering Capability for AI Code Gen Cost Management Through Agent Router Enterprise

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New CLI, SDK and APIs give AI and platform teams one place to manage token spend on approved models, falling back to private models automatically, while respecting DevX and keeping agents working.

SAN FRANCISCO, July 15, 2026 /PRNewswire/ — Soaring token costs are pushing engineering teams to manage spend, and Tetrate is rolling out a new capability to solve the problem as part of its Agent Router Enterprise, the AI gateway proven at production scale. The feature accesses a token-brokering control plane via CLI, SDK and set of APIs to enable distributed inference, which defines the mix of frontier, private and edge models a company might run across many regions and providers. Now, Agent Router Enterprise ties every inference request to approved policies for spend (as well as availability and sovereignty) before it routes.

A token broker is a service on top of the AI gateway that sits between developers and agents, and the models they inference on. The broker evaluates each developer or agent request against a set of business, technical and governance rules (how much budget is left, which models are approved, which region the work must stay in) and sends each request to the model best optimized to the rules.

Agents spend faster than teams can cap
Agents have changed how enterprises consume inference. A single request can fan out into dozens of model calls before it returns an answer, and the model deciding how many to make has little sense of what they cost or how well those requests adhere to governance policy.

The pressure is widely documented. In the FinOps Foundation’s 2026 State of FinOps survey, 98 percent of practitioners now manage AI spend, and “FinOps for AI” ranks as their top forward-looking priority. The paradox is that unit prices keep falling even as bills keep climbing: Stanford’s 2025 AI Index found the cost of GPT-3.5-level inference dropped more than 280-fold in two years, yet total spend rises because agents multiply the number of calls. Each token gets cheaper, while the invoice gets bigger.

To manage this, most teams reach for the open-source proxy they started with, then blame their own configuration when it falls short. The limit is architectural. That proxy was built as a local gateway in front of a handful of models, not a control plane across a distributed fleet, so it cannot discover models across regions or hold a single budget over all of them. What remains is manual gatekeeping, one model and one region at a time, with the AI or platform team as the bottleneck between every developer and every endpoint.

Token brokering from one control plane
Agent Router Enterprise now closes that gap because it is an AI gateway built for distributed inference. Its APIs allow AI teams to register and govern every model it offers, frontier and private, and set budget policy, approved regions and fallback order. Developers request the nearest approved model through the SDK, and Agent Router Enterprise enforces that policy on every token in between, and the team serves any approved model without standing in as the gatekeeper.

Budget control is the core of the offering, because spend is what the engineering team answers for when costs run over. Agent Router Enterprise measures token spend against policy and trips a circuit breaker the moment a budget is crossed, then falls back to an approved alternative. That fallback is often a private model that costs less than a frontier one and keeps inference inside the company’s own environment. That holds spend down while keeping the request in an approved region and on a healthy endpoint without manual intervention.

A new feature in Tetrate Agent Router Enterprise is a distributed inference control plane that sits between developers and agents, and the models they consume. The administrator sets policy in the management plane, and Agent Router Enterprise enforces it on every request to manage soaring token costs.

Designed to drop into workflows teams already run
The feature assumes two kinds of users and keeps them out of each other’s way. The AI team that owns budget governance sets policy once (approved models and regions, budgets, fallback order) through the APIs. Developers and agents keep requesting the nearest approved model through the SDK without the burden of implementing their own controls. When a budget trips, the feature redirects to an approved alternative rather than returning an error or forcing anyone to rewrite code. For organizations that have already committed to building with AI and are absorbing the back-and-forth of cost pressure, that is the point: a control plane that slides into existing pipelines.

That framing tracks how analysts now describe the market. McKinsey’s 2026 analysis of sovereign AI estimates that 30 to 40 percent of AI spending could be shaped by sovereignty requirements, valuing the market at $500-600 billion by 2030. It also finds the demand is selective, concentrated in workloads with sensitive data or regulatory exposure, and that providers succeed when they make sovereignty “concrete and easy for enterprises to adopt at the workload level.” Agent Router Enterprise is built for exactly that: sovereignty is one policy lever applied per workload, alongside cost and availability, not an all-or-nothing rebuild.

Proven at scale on Envoy AI Gateway
The new capability holds up at scale because it runs on the open source Envoy AI Gateway project, which Tetrate co-created and serves as the chief upstream maintainer. Tetrate Agent Router Enterprise enforces it across thousands of developers in hundreds of environments and regions.

“Agent token spend is the one line item the engineering organization can’t easily cap for CFOs, even though the entire business is looking to them for answers,” says David Wang, head of product at Tetrate. “With this update, admins set a budget once, and it’s enforced on every token, falling back to an approved model whenever spend or availability breaks, so cost never gets ahead of policy, agents can never incur unexpected runaway costs, and developers keep working the way they already do.”

“At Sunny Benefits, managing inference cost across a range of models is something our platform team owns and answers for,” says Sashi Desikan, CTO at Sunny Benefits. “Agent Router Enterprise lets us set a budget once and have it enforced automatically, with fallback to an approved model when we need it. Our developers keep getting the nearest approved model without us reviewing every request.”

Availability
The new feature is now generally available as part of Tetrate Agent Router Enterprise, at no additional charge to subscribers. It is not sold or priced as a separate module.

About Tetrate
Tetrate builds Tetrate Agent Router Enterprise, the AI gateway proven at production scale for distributed inference, giving enterprises one place to govern token spend, model access and sovereignty across models, regions and providers. A primary upstream contributor to the Envoy project and co-creator of Envoy AI Gateway, Tetrate brings that foundation to the AI infrastructure enterprises run in production.

MEDIA CONTACT:
Cristin Connelly
Cathey.co for Tetrate
cristin@cathey.co

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SOURCE Tetrate

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Prophix® Announces Strategic Collaboration with PwC UK to Accelerate Finance Transformation for Mid-Market Organisations

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The relationship combines Prophix’s Corporate Performance Management platform with PwC’s transformation expertise to deliver end-to-end finance modernisation.

TORONTO, Oct. 1, 2026 /PRNewswire/ — Prophix®, a global leader in financial performance management today announced a collaboration with leading professional services provider PwC UK.

Together, Prophix and PwC will deliver a proven corporate performance management platform supported by hands-on advisory and managed services to midmarket organisations across the UK and Ireland.

The relationship will enable customers to access innovative solutions as well as a broader market-leading network of dedicated support.

As part of the PwC Finance Managed Services ecosystem, PwC UK will utilise the Prophix platform to deliver a broad spectrum of services from implementation and advisory services; to managed services to provide clients with the support they need in an agile, cost effective and tailored way. This expands Prophix’s regional presence while providing customers with a trusted partner to help them scale, embrace AI-driven capabilities, and build more intelligent, streamlined finance operations.

“Finance transformation doesn’t happen through technology alone,” said Alok Ajmera, CEO at Prophix. “Our collaboration with PwC UK ensures customers have both the right platform and the right expertise. Together, we’re helping finance teams get more value from their systems, make smarter decisions, and build the foundation for more autonomous, future-ready finance operations.”

Tony Price, Accounting Services Partner at PwC, said: “Our clients are seeing tremendous change in the way finance functions operate, from the way they procure systems right through to the way they operate and report to their stakeholders. Our collaboration with Prophix provides our clients with the ability to access leading technology at pace and in a way that works for them, whether as a direct purchase or as a managed service, to ensure that they remain agile and enhance their competitiveness.”

About Prophix
Prophix® is a global leader in financial performance management, empowering finance teams to lead with clarity, capacity, and confidence. From planning and budgeting to forecasting, reporting, reconciliation, and consolidation, Prophix brings it all together in one intelligent platform.

Prophix One™, the flagship Autonomous Finance Platform, combines AI, automation, and intuitive technology to simplify complex work and elevate finance to a more strategic role. With nearly four decades of innovation and a global footprint serving more than 3,000 customers in 100+ countries, Prophix is the trusted partner for organizations ready to transform finance into the driving force behind business growth.

About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at pwc.com.

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The Institute of Culinary Education and Wagyu Sommelier Bring Certification to New York for the First Time with Multi-Day Experience for Students, Chefs, and Hospitality Professionals

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The Institute of Culinary Education and Wagyu Sommelier extend their annual partnership with a bicoastal lineup and expanded education for the level one iteration

NEW YORK, Oct. 1, 2026 /PRNewswire/ — The Institute of Culinary Education and Wagyu Sommelier today announce an expanded partnership for 2026. The second annual certification training will make its debut in New York at the Institute of Culinary Education in Brookfield Place (October 26-28) after returning to the Los Angeles campus for the second year (October 19-21). Both multi-day training sessions will include education on Japanese Wagyu quality, traceability, nutritional benefits, sourcing, and heritage, as well as butchery and whole-animal usage. New for this year, the level one certification includes expanded training for front-of-the-house teams in addition to hands-on cooking and chef demonstrations.

The partnership centers around both organizations’ commitment to culinary education and quality ingredients. While professional chefs and hospitality professionals will make up the majority of attendees on both coasts, the Institute of Culinary Education will select approximately 35 students from its cohorts to participate in the new certification at no additional cost. The Institute is also working with the Wagyu Sommelier program to handpick culinary and hospitality speakers and attendees to receive the training at no cost. The selection process is led by the originator of the partnership, Mishel LeDoux, Director of Hospitality and Management Programs for the Institute’s Los Angeles campus and Senior Vice President of Culinary Operations, Barry Tonkinson in New York.

“There is no limit to the benefits of education and we are proud to act as a catalyst for expanding access to burgeoning programs like Wagyu Sommelier certifications. This multi-year partnership allows us to bring our students into a growing community in the industry, connecting them to elite expertise and real-time networking as they build their careers. We look forward to providing an opportunity to better understand an often misunderstood ingredient under masterful guidance. This program is a unique educational experience that we’re excited to bring to New York for the first time,” says Lachlan Sands, President of Los Angeles Campus, Institute of Culinary Education.

In partnership with the Japan External Trade Organization, Wagyu Sommelier will provide attendees with tastes and training including rare access to brands of Japanese Wagyu heritages not yet widely available in the United States. The expansion of the certification program is an industry and education-first approach to ingredient ambassadorship created to help diversify and deepen industry understanding of a deeply nuanced ingredient and its sourcing process.

“Our growing partnership with the Institute of Culinary Education has been instrumental in providing expertise, educational resources and a generous approach to creating on-campus communities in major food cities. We are looking forward to welcoming a new generation of Wagyu sommeliers into the certification program and continuing to help industry experts better understand the world of Japanese Wagyu,” Nan Sato, Founder and CEO of Wagyu Sommelier.

For the first time ever, Wagyu Sommelier and the Institute of Culinary Education are accepting applications to attend certification training in either New York or Los Angeles. To learn more and apply, click here for Los Angeles, click here for New York.

About the Institute of Culinary Education
The award-winning Institute of Culinary Education was established in 1975 and has since grown to be one of America’s leading centers for culinary education. With campuses in New York City and Los Angeles, and robust online programs, the school was ranked by USA Today as the “#1 Culinary School in America” in 2019. The Institute provides comprehensive education in Culinary Arts, Pastry & Baking Arts, Health-Centered Culinary Arts, Restaurant & Culinary Management, and Tourism, Travel & Hospitality Management. These intensive career-training programs can be completed in as little as eight months to jump-start a career in the industry. The Institute also offers a vast menu of recreational courses for the public and hosts industry and private events. The school continues to grow and evolve; within the last decade, the Institute launched its LA campus and acquired both the Natural Gourmet Institute and French Culinary Institute (International Culinary Center). For more information, visit our website at ice.edu or connect with us at @iceculinary on Instagram, YouTube, TikTok and Facebook.

About Wagyu Sommelier
Founded in 2020, Wagyu Sommelier Trading is the only dedicated importer of single-farm, whole-animal, rare-herd, and long-vintage Japanese Wagyu beef in the United States. As both an educator and wholesaler, WST bridges the American butchery gap, supplying beef sourced directly from independent Japanese farms and demystifying the high-value, under-exposed cuts beyond the loin. An uncompromising commitment to the integrity and traceability of the Wagyu beef supply chain underpins the company’s unique position as not only a purveyor, but the foremost educator and promoter of nose-to-tail butchery and farm-direct import of the world’s most cherished beef. The Level 1 and Level 2 Wagyu Sommelier certifications are the only certificate courses of their kind in the United States, and offer culinary students and chef-attendees the unique opportunity to work hands-on with the product under the direct tutelage of master butchers from Japan. For more information, visit us online at wagyusommelier.com or find us via @the.wagy.sommelier on Instagram.

Contact: Bre Metcalf-Oshinsky, Head of PR & Partnerships, pr@ice.edu 

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SOURCE The Institute of Culinary Education

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Bahrain to Convene Architects of the Future Economy for Gateway Gulf’s Fourth Edition This November

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At a pivotal moment for the global economy, international leaders will engage in open dialogue to explore how partnerships and cross-border investment can catalyse sustainable growth and strengthen economic resilience.

MANAMA, Bahrain, Oct. 1, 2026 /PRNewswire/ — Bahrain is set to convene an exclusive gathering of ministerial and senior government officials, visionary chief executives, and influential voices from across the Middle East, Asia, Europe, Latin America, and North America, for the fourth edition of Gateway Gulf, taking place from 1-2 November 2026 at the Four Seasons Hotel Bahrain Bay under the theme Reimagining Global Partnerships, Powering Sustainable Growth.

Hosted by the Bahrain Economic Development Board (Bahrain EDB), the invitation-only forum will explore how shifting dynamics are transforming investment, capital flows, innovation, and economic collaboration across borders. As geopolitical landscapes evolve, energy systems transition, and technological change accelerates, the forum will examine the strategic relationships, connectivity corridors, and emerging opportunities that will define the future of the world economy.

With a combined economy exceeding USD 2.38 trillion, the Gulf Cooperation Council (GCC) has cemented its position as a nexus for capital, talent, and innovation, demonstrating resilience through sustained investment in infrastructure, regional integration, and economic diversification. Serving as a gateway to the region, Bahrain offers a highly connected, business-friendly ecosystem and a diversified economy in which non-oil sectors contribute 86% of GDP, positioning the island nation as a compelling destination for businesses and investors seeking to scale, invest and capture long-term opportunities across one of the world’s most dynamic economic regions.

Together with representatives from Bahrain’s public and private sectors, 200 senior decision-makers will take part in two days of high-level dialogue, executive engagement, and dealmaking. This year’s programme will feature curated networking opportunities, private meetings, and investment showcases designed to foster meaningful partnerships and tangible outcomes. Discussions will explore the evolving landscape of global capital flows and economic connectivity, the Gulf’s expanding role in shaping global growth, the industries defining the next era of competitiveness, and the rise of the intelligence economy. Collectively, these conversations will examine how governments, investors, and businesses can strengthen resilience and unlock new pathways for collaboration in an increasingly interconnected and complex global environment.

Building on its track record as a catalyst for investment and cross-border economic collaboration, the forum has consistently translated dialogue into action, facilitating landmark investment announcements and strategic agreements. The 2025 edition alone generated more than USD 17 billion in announced transactions and investment commitments, reinforcing its role in accelerating capital deployment and contributing to shaping the region’s economic future. Previous editions have welcomed prominent speakers including H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain; H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB; H.E. Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia; H.E. Dr. Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates; Lubna S. Olayan, Chair of the Corporate Board of The Olayan Group; Andrea C. Bonomi, Chairman of the Industrial Advisory Board at Investindustrial; Sir Alastair King, DL, His Majesty’s Lord-Lieutenant of Greater London; Sir Jonathan Symonds CBE, Chair of the Board of GSK; Mohammad Abunayyan, Founder & Chairman of the Board of Directors of ACWA Power; Tony Fernandes, CEO of Capital A Berhad & AirAsia Berhad; Martin Gilbert, Chairman of Revolut; and Gabriel Escarrer, Chairman & CEO of Meliá Hotels International.

SOURCE Bahrain EDB

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