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Tencent Cloud’s “AI CAN DO IT” Hackathon Hong Kong and Macau Demo Day Concludes Successfully

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AI-powered projects spotlight social impact and cultural expression, empowering young creators to transform ideas into reality through innovative technologies

HONG KONG, Aug. 19, 2026 /PRNewswire/ — Tencent Cloud successfully hosted the Hong Kong and Macau Demo Day of the 2026 “AI CAN DO IT” Tencent Cloud Game Development Hackathon, bringing together 10 outstanding finalist teams from across Hong Kong and Macau SARs to showcase innovative AI-powered projects. Covering themes such as social good, cultural expression, and narrative innovation, the projects demonstrated how the next generation of creators are leveraging AI to transform creative ideas into meaningful digital experiences and real-world solutions.

As one of Tencent Cloud’s developer challenge series, the “AI CAN DO IT” Hackathon encourages participants to utilize AI tools including CodeBuddy, WorkBuddy, and Miora to explore new forms of creation through games, animation, AI Agents, and other digital experiences. Centered around three core pillars, Social Good, Cultural Expression, and Narrative Innovation, the competition inspires participants to address societal challenges, promote cultural inheritance, and experiment with new approaches to storytelling through AI technologies.

This year’s competition spans multiple regions, including Chinese Mainland, Hong Kong and Macau SARs, and Southeast Asia, attracting more than 10,000 creators worldwide and generating over 1,000 innovative project submissions. Participants explored a broad range of topics, from supporting individuals with high-functioning autism and advancing silver-tech solutions for ageing populations to developing AI-powered games and immersive content experiences.

Hui Cai, Operations Lead of the Tencent Cloud Hackathon, said: “AI is rapidly becoming an essential creative partner for the next generation. Through the ‘AI CAN DO IT’ Hackathon, we hope to provide more young people with opportunities to access and apply advanced AI technologies, transforming ideas rooted in real-world needs and societal challenges into meaningful and impactful solutions. The creativity, execution capabilities, and interdisciplinary thinking demonstrated by the participating teams from Hong Kong and Macau have been truly impressive, highlighting the tremendous potential of young innovators in the AI era.”

The Hong Kong and Macau Demo Day featured 10 finalist teams whose projects reflected the growing convergence of AI technology and creative expression. Participants showcased how AI can empower creators from diverse backgrounds to develop meaningful experiences that address social needs, celebrate cultural heritage, and redefine digital storytelling.

Projects in the Social Good Category focused on addressing social issues such as support for individuals with high-functioning autism and fostering greater social inclusion. Teams competing in the Cultural Expression Category incorporated Chinese cultural elements into digital creations, exploring new possibilities for cultural preservation and innovation in the AI era. Meanwhile, the Narrative Innovation Category showcased interactive games and immersive experiences that demonstrated AI’s potential to reshape content creation and storytelling.

During the Demo Day, participating teams presented their project concepts, technical implementations, and creative outcomes to a panel of judges, sharing how AI tools enabled them to transform ideas into tangible products and experiences. Following a comprehensive evaluation process, the following three teams emerged as winners and will advance to represent Hong Kong and Macau at the Tencent Cloud Hackathon Global Finals, where they will compete and exchange ideas with outstanding developers from around the world:

First Place: The Hong Kong University of Science and Technology – “Anchor”Second Place: The University of Hong Kong – “Walking in Poetry”Third Place: Public Division – “LOONG SEASON”

As AI technologies continue to evolve, the barriers to innovation and creation are rapidly lowering, enabling more young people to transform ideas into products, content, and services regardless of their technical backgrounds. Beyond a technology competition, the Tencent Cloud Hackathon serves as a platform where developers, designers, creators, and students can explore new opportunities in the AI-native era, unlocking fresh possibilities for creativity, collaboration, and real-world problem-solving. Through the initiative, Tencent Cloud also aims to promote its commitment to “Tech for Good,” encouraging young innovators to harness AI responsibly to address societal needs, preserve cultural values, and create positive impact through technology.

Looking ahead, Tencent Cloud will continue supporting young developers, creators, and innovators through educational partnerships, developer programs, and innovation challenges. By providing access to advanced AI tools, technical resources, and collaborative learning opportunities, Tencent Cloud remains committed to nurturing the next generation of AI talent and driving future innovation.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. 

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AiPrise Launches Token Sharing to Reduce Duplicate Compliance Checks

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AiPrise Token Sharing infrastructure enables financial institutions to securely exchange verified customer information, eliminate duplicate compliance work, and collaborate on ongoing compliance requests.

SAN JOSE, Calif., Nov. 12, 2026 /PRNewswire/ — AiPrise, an AI-powered global compliance and verification platform, today announced the launch of AiPrise Token Sharing, a new capability that lets two companies working on the same transaction securely share verified customer information. Each institution keeps full control over its own compliance requirements and decisions.

Repeat business verifications on AiPrise have increased sixfold over the past year, with some businesses verified by as many as 13 different companies over the platform’s history. The growth reflects how payments now move: a single cross-border transaction can involve an on-ramp, a payout partner and local banking providers, each with its own onboarding.

Each of those companies typically collects the same documents and runs its own Know Your Customer (KYC) and Know Your Business (KYB) checks, even when another institution has already verified the information. For compliance teams, that means duplicated work. For the business, it means slower onboarding and delayed transactions.

AiPrise Token Sharing is built to remove that duplication. Rather than sharing only a pass-or-fail verification result, it gives participating companies access to the underlying evidence, including the information provided, checks performed, sources consulted and supporting audit trail. With the verified party’s consent, receiving companies can reuse checks that meet their own requirements, request additional information where necessary and make their own compliance decisions.

alfred, BlindPay, Conduit, dLocal, KAST, Mesta, MoneyGram, nsave, Saber Money, Tazapay and Walapay are among the companies participating in the network.

Breaking Down the Compliance Silos of Global Finance

“Financial services have become deeply interconnected, but compliance is still done in isolation,” said Rushabh Shah, Co-CEO of AiPrise. “The answer isn’t asking institutions to take each other’s decisions at face value. We believe the future of compliance isn’t simply faster verification. It’s letting verified information move between institutions while each keeps its own compliance responsibilities.”

Today, when one institution passes a verification to another, compliance teams have two choices: accept the other institution’s verification as it is, or start over. AiPrise Token Sharing gives them a middle path: reuse what fits their own rules without skipping their own checks. They can reuse KYC and KYB information already collected by a partner where it meets their policy, run only the extra checks their policy requires, and raise any follow-up questions through the same token.

Unlike a one-time handoff, the token stays active for the life of the customer relationship. An institution can ask for more information or answer a request without restarting onboarding or chasing documents over email. For transactions that involve multiple financial platforms, these requests traditionally take three to five days to resolve. By letting institutions work directly through the same token, AiPrise aims to significantly reduce these delays, helping customers activate and transact sooner.

Building Compliance Infrastructure for the Global Economy

AiPrise envisions a financial system where the work behind every verification can be shared and built on across institutions, products and borders, rather than repeated with every new relationship.

Token Sharing lays the groundwork for that future, starting with transactions where institutions already work side by side.

“Businesses shouldn’t have to start from scratch every time they join a new financial platform,” said Chaitanya Sarda, CEO of AiPrise. “We know because we’ve lived it: we were KYB’d 27 times in our first six months, with each bank, payment provider and vendor asking for the same documents and checking the same registries. Verified information should be able to move with businesses as they build new financial relationships, without taking control away from the compliance teams responsible for making those decisions.”

Availability

AiPrise Token Sharing is available to AiPrise customers from today, November 12, 2026.
For more information about AiPrise Token Sharing, visit aiprise.com/features/token-sharing.

About AiPrise

AiPrise is an AI-powered global compliance and verification platform. Through a single API, companies run KYB, KYC, AML screening and document verification across 200+ countries and 500+ government and business registries. AiPrise’s AI agents analyze the results and help compliance teams decide, in minutes instead of days, whether a business or individual is safe to onboard. Leading payment companies, marketplaces, neobanks, crypto platforms and financial institutions rely on AiPrise to scale their compliance, risk and fraud operations globally. AiPrise is backed by Y Combinator and headquartered in San Jose, California. Learn more at aiprise.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aiprise-launches-token-sharing-to-reduce-duplicate-compliance-checks-302938332.html

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AiPrise Launches Token Sharing to Reduce Duplicate Compliance Checks

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AiPrise Token Sharing infrastructure enables financial institutions to securely exchange verified customer information, eliminate duplicate compliance work, and collaborate on ongoing compliance requests.

SAN JOSE, Calif., Nov. 12, 2026 /PRNewswire/ — AiPrise, an AI-powered global compliance and verification platform, today announced the launch of AiPrise Token Sharing, a new capability that lets two companies working on the same transaction securely share verified customer information. Each institution keeps full control over its own compliance requirements and decisions.

Repeat business verifications on AiPrise have increased sixfold over the past year, with some businesses verified by as many as 13 different companies over the platform’s history. The growth reflects how payments now move: a single cross-border transaction can involve an on-ramp, a payout partner and local banking providers, each with its own onboarding.

Each of those companies typically collects the same documents and runs its own Know Your Customer (KYC) and Know Your Business (KYB) checks, even when another institution has already verified the information. For compliance teams, that means duplicated work. For the business, it means slower onboarding and delayed transactions.

AiPrise Token Sharing is built to remove that duplication. Rather than sharing only a pass-or-fail verification result, it gives participating companies access to the underlying evidence, including the information provided, checks performed, sources consulted and supporting audit trail. With the verified party’s consent, receiving companies can reuse checks that meet their own requirements, request additional information where necessary and make their own compliance decisions.

alfred, BlindPay, Conduit, dLocal, KAST, Mesta, MoneyGram, nsave, Saber Money, Tazapay and Walapay are among the companies participating in the network.

Breaking Down the Compliance Silos of Global Finance

“Financial services have become deeply interconnected, but compliance is still done in isolation,” said Rushabh Shah, Co-CEO of AiPrise. “The answer isn’t asking institutions to take each other’s decisions at face value. We believe the future of compliance isn’t simply faster verification. It’s letting verified information move between institutions while each keeps its own compliance responsibilities.”

Today, when one institution passes a verification to another, compliance teams have two choices: accept the other institution’s verification as it is, or start over. AiPrise Token Sharing gives them a middle path: reuse what fits their own rules without skipping their own checks. They can reuse KYC and KYB information already collected by a partner where it meets their policy, run only the extra checks their policy requires, and raise any follow-up questions through the same token.

Unlike a one-time handoff, the token stays active for the life of the customer relationship. An institution can ask for more information or answer a request without restarting onboarding or chasing documents over email. For transactions that involve multiple financial platforms, these requests traditionally take three to five days to resolve. By letting institutions work directly through the same token, AiPrise aims to significantly reduce these delays, helping customers activate and transact sooner.

Building Compliance Infrastructure for the Global Economy

AiPrise envisions a financial system where the work behind every verification can be shared and built on across institutions, products and borders, rather than repeated with every new relationship.

Token Sharing lays the groundwork for that future, starting with transactions where institutions already work side by side.

“Businesses shouldn’t have to start from scratch every time they join a new financial platform,” said Chaitanya Sarda, CEO of AiPrise. “We know because we’ve lived it: we were KYB’d 27 times in our first six months, with each bank, payment provider and vendor asking for the same documents and checking the same registries. Verified information should be able to move with businesses as they build new financial relationships, without taking control away from the compliance teams responsible for making those decisions.”

Availability

AiPrise Token Sharing is available to AiPrise customers from today, November 12, 2026.
For more information about AiPrise Token Sharing, visit aiprise.com/features/token-sharing.

About AiPrise

AiPrise is an AI-powered global compliance and verification platform. Through a single API, companies run KYB, KYC, AML screening and document verification across 200+ countries and 500+ government and business registries. AiPrise’s AI agents analyze the results and help compliance teams decide, in minutes instead of days, whether a business or individual is safe to onboard. Leading payment companies, marketplaces, neobanks, crypto platforms and financial institutions rely on AiPrise to scale their compliance, risk and fraud operations globally. AiPrise is backed by Y Combinator and headquartered in San Jose, California. Learn more at aiprise.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aiprise-launches-token-sharing-to-reduce-duplicate-compliance-checks-302938332.html

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Positron AI Named to the Inaugural 2026 AI 100 List of Top Private AI Companies

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Recognition comes amid a period of significant momentum for Positron, following its $875 million Series C and expanding AI inference deployments

RENO, Nev., Nov. 12, 2026 /PRNewswire/ — Positron AI, the AI inference hardware company built to make generative AI dramatically cheaper and more energy-efficient, today announced it has been named to the inaugural 2026 AI 100, the definitive ranking of the top 100 private AI companies in the world, published by Newcomer in collaboration with Bessemer Venture Partners.

The inaugural AI 100 recognizes leading private companies driving innovation across the AI ecosystem. Positron’s inclusion reflects its progress in bringing purpose-built inference technology to market as growing AI adoption drives demand for more cost- and energy-efficient infrastructure.

“We’re honored to be recognized among the companies shaping the future of AI,” said Mitesh Agrawal, CEO of Positron AI. “Making AI inference profitable, scalable and accessible takes advanced technology and a business and supply chain built to serve some of the world’s largest technology companies. Positron combines deep semiconductor and systems expertise with customer-driven development and investor backing to position us for growth. I’m proud of the business we’re building as we serve customers today and develop our next generation of technology, and grateful to our team, customers, partners and investors for their support.”

Positron’s recognition follows a series of major company milestones. In September, the company announced an $875 million Series C financing at a $5 billion valuation to accelerate development of its next-generation Asimov silicon, ramp production of Titan and expand manufacturing capacity. Positron has also deployed more than 50 racks of Atlas, its first-generation inference system, at Oracle Cloud Infrastructure. Most recently, the company announced a partnership with General Compute, which is purchasing Atlas systems and has committed to adopting Titan to support next-generation AI workloads.

The inaugural AI 100 evaluated nominated companies and recognized category leaders across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). Only independent AI companies that have not had a majority strategic or private equity M&A transaction or a public listing were eligible. Honorees span foundation models, AI infrastructure and compute, developer tools and agents, AI apps, vertical AI, security, physical AI and robotics, and deeptech and AI for science.

“The artificial intelligence startup set plays by its own rules: there are upstarts with unprecedented revenue growth, companies profiting off of seemingly insatiable inference spending, highly valued speculative research labs, and wildly ambitious robotics companies. These AI native startups are already reshaping the global economy. With our friends at Bessemer, we rethought what matters for the AI age, bringing together the most promising startups harnessing foundation models to transform our digital and physical world,” said Eric Newcomer, founder of Newcomer.

“The AI 100 puts a spotlight on the top 100 companies driving the AI economy forward, built by a generation of founders moving at a speed and scale we’ve never seen before. We’re already seeing that exponential value creation play out across infra, AI applications, and physical AI. The remarkable part is that it’s still early: this inaugural cohort is just the starting point, a natural evolution of our decade-long Cloud 100 franchise,” said Byron Deeter, partner at Bessemer Venture Partners.

The inaugural AI 100 is published at ai100.newcomer.co, and was unveiled live onstage at the Cerebral Valley AI Summit in San Francisco.

About Positron AI
Positron AI builds hardware and software to make AI inference dramatically cheaper and more energy efficient. The company’s shipping product, Atlas, is deployed at hyperscaler scale today, and its next-generation custom silicon, Asimov, tapes out in late 2026 with production in the second half of 2027. Asimov powers Titan, a multi-terabyte-memory inference system for long-context and next-generation AI workloads. Positron’s energy-efficient architecture allows its systems to be deployed in air-cooled or liquid-cooled data centers at varying rack densities, without dependence on constrained HBM or CoWoS supply chains. Learn more at positron.ai.

About Newcomer
Newcomer is a media company covering the business of startups and venture capital, founded by independent journalist Eric Newcomer. We write a newsletter, produce a podcast, host technology summits, and more. https://www.newcomer.co/ 

About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong foundations from inception to build enduring companies. With more than 155 IPOs and 450-plus portfolio companies across industries, Bessemer supports founders and CEOs from seed through every stage of growth. Bessemer has backed industry-defining companies including Anthropic, Abridge, Canva, LinkedIn, Perplexity, Pinterest, RocketLab, Shopify, ServiceTitan, Toast, and Twilio, and has $20 billion of assets under management. Bessemer invests globally, with investment teams located in San Francisco, Silicon Valley, New York, Boston, London, Bangalore, and Tel Aviv. www.bvp.com 

Media Contact:
Inkhouse
press@positron.ai 

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