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Applied Intuition Partners with Honda to Accelerate Next-Generation Software-Defined Vehicles

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Collaboration brings Silicon Valley software speed and Japanese engineering excellence together to advance Honda’s full-vehicle SDV platform

SUNNYVALE, Calif. and TOKYO, Oct. 6, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI solutions for all moving machines, today announced a partnership with Honda Motor Co., Ltd., to accelerate software development for the automaker’s next-generation software-defined vehicles (SDVs).

Through the partnership, Applied Intuition will leverage its Vehicle OS software to significantly speed up Honda’s in-house development of a centralized, upgradable and highly personalized SDV platform. The collaboration brings together top engineering talent from Honda and elite software teams in Japan and Silicon Valley to advance a full-vehicle SDV platform designed to support Honda’s next-generation vehicle architecture.

“Honda is advancing toward a software-defined future where vehicles can continuously evolve and deliver highly personalized experiences to our customers,” said Mahito Shikama, Chief Officer, Corporate Strategy Operations of Honda Motor Co., Ltd. “By partnering with Applied Intuition, we can accelerate our internal development efforts while maintaining control over our vehicle architecture and software direction.”

Honda leads one of the world’s top mass-market OEM production programs, and the partnership reflects the technical ambition of delivering a single SDV platform that supports advanced vehicle architectures and differentiated consumer experiences at global scale. Applied Intuition’s Vehicle OS software is designed to support Honda’s internal teams in their effort to speed up development and reduce costs during the company’s SDV transition. Applied Intuition will contribute its OS and software development expertise in working across all powertrains, including hybrid vehicles, while supporting Honda’s longstanding commitment to quality, safety and reliability.

“Honda is a world-class, technology-forward automaker, and together we are accelerating the development of a full-vehicle SDV platform,” said Qasar Younis, co-founder and CEO of Applied Intuition. “By bringing Silicon Valley software practices together with Honda’s engineering excellence, we’re enabling a centralized and upgradable vehicle platform that can scale to production.”

Applied Intuition’s work with Honda further demonstrates the company’s role as a trusted software partner for leading global automakers. With existing partnerships spanning major passenger vehicle regions — including Europe and the United States — Applied Intuition now works with automakers across all major global regions.

Together, Applied Intuition and Honda are establishing a collaboration built on shared engineering rigor, global teamwork and a common vision for how software will shape the next era of mobility.

About Applied Intuition

Applied Intuition is building the technology to make a billion machines intelligent. Founded in 2017, the Silicon Valley company powers physical AI in the automotive, defense, trucking, construction, mining and agriculture industries. Applied Intuition is based in Sunnyvale, California, with nearly two dozen offices around the world, including London, Munich, Tokyo, Seoul and the Washington, D.C., metro area. Learn more at applied.co, or email press@applied.co.

View original content:https://www.prnewswire.co.uk/news-releases/applied-intuition-partners-with-honda-to-accelerate-next-generation-software-defined-vehicles-302897551.html

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Growing Enthusiasm Ahead of TEI 2026, Buyers from 113 Countries and 1,500 Exhibitors Ready to Participate

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JAKARTA, Indonesia, Oct. 6, 2026 /PRNewswire/ — The 41st Trade Expo Indonesia (TEI) 2026 has attracted strong interest from international buyers and Indonesian business players. As of 29 September 2026, buyers from 113 countries have registered to attend TEI 2026. Meanwhile, as of 25 September 2026, a total of 1,533 Indonesian business players, including micro, small, and medium enterprises (MSMEs), have registered as exhibitors.

TEI 2026 will take place from 14 to 18 October 2026 at the Indonesia Convention Exhibition (ICE) BSD City, Tangerang Regency, Banten. Director General of National Export Development at the Ministry of Trade, Fajarini Puntodewi, said that the Ministry of Trade is positioning TEI 2026 as a strategic platform to connect Indonesian products and businesses with global markets.

“The number of countries represented by registered buyers, along with the strong participation of local exhibitors, demonstrates the high interest of international and Indonesian business players in meeting through a business-to-business (B2B) platform. We hope TEI 2026 will further open opportunities for Indonesian businesses to enter global markets, explore new markets, and expand their business networks,” said Puntodewi following the 41st TEI Technical Meeting Press Conference at ICE BSD City, Tangerang, Banten, on Wednesday (30 September).

Puntodewi noted that the largest number of foreign buyers came from India, followed by China, Nigeria, Malaysia, and Egypt. The strong participation of these buyers is supported by the active role of Indonesian Embassies, Consulates General, and Indonesian trade representatives in expanding networks and identifying potential buyers from various countries.

Meanwhile, local exhibitors are distributed across five product zones. The Food, Beverage, and Agriculture Products Zone features 754 exhibitors; Fashion and Handicraft, 448 exhibitors; and Manufactured Products and Services, 183 exhibitors. The Furniture and Home Decor Zone features 85 exhibitors, while the Industrial Estate Zone features 63 exhibitors.

“The composition of exhibitors reflects the diversity of products and services that Indonesia has to offer international buyers. Through these product zones, we aim to make it easier for international buyers to identify products that meet their needs. This will enable more targeted business discussions between buyers and Indonesian exhibitors,” said Puntodewi.

Under the theme “The Ultimate Hub for Global Sourcing,” TEI 2026 will occupy an exhibition area of 16,656 square meters. TEI 2026 is targeting potential transactions of USD 17.5 billion, with approximately 1,500 exhibitors and 30,000 visitors. The event is also designed to create opportunities for investment and business partnerships.

Puntodewi explained that, to support the achievement of these targets, the Ministry of Trade has conducted a series of pre-event activities since March 2026. These activities include exhibitor recruitment and curation, buyer sourcing, the distribution of exhibitor profiles to Indonesian trade representatives overseas, business matching, and a CEO Gathering.

“As of 21 September 2026, 17 business pitching sessions and business matching preparations have been conducted, involving 17 Indonesian missions and trade representatives overseas. These activities consisted of 12 sessions in August 2026 and five sessions in September 2026,” said Puntodewi.

During the event, TEI 2026 will feature an exhibition of Indonesian export products, business counseling, business matching, business forums, the signing of memorandum of understanding (MoUs), trade agreements, investment commitments, and the Media Award.

TEI 2026 will also serve as an opportunity to strengthen economic relations with partner countries. The Ministry of Trade will facilitate visits by ministers from partner countries. In addition, invitation requests have been received from Zimbabwe, Russia, Uzbekistan, the United Kingdom, and Serbia.

TEI is not financed through the State Budget (APBN). Instead, its revenue comes from participation fees and sponsorships managed by the Professional Event Organizer (PEO). The PEO is also responsible for participant curation to ensure that participating business players have the readiness and capacity to enter international markets, including in terms of production, management, and export capabilities.

Also attending the press conference was Zelda Wulan Kartika, Senior Advisor for Economic Diplomacy at the Ministry of Foreign Affairs. She highlighted the role of Indonesian representatives overseas, including Indonesian Embassies, Consulates General, Trade Attachés, and Indonesia Trade Promotion Centers (ITPCs), in expanding trade networks while identifying and curating potential buyers. Buyers are then matched with Indonesian businesses based on their needs and potential areas for cooperation through various activities, including business matching, business forums, and site visits.

“We continue to bridge Indonesian businesses with international markets through the network of Indonesian representatives overseas. Our efforts range from providing information on market opportunities and promoting Indonesian products to connecting businesses with

suitable buyers. This synergy is part of our efforts to expand market access and encourage more Indonesian products to enter global markets,” said Zelda.

President Director of PT Debindomulti Adhiswasti, Vibiadhi Swasti Pradana, also attended the press conference. For TEI 2026, PT Debindomulti Adhiswasti serves as the Professional Event Organizer (PEO). Vibiadhi added that TEI 2026 is supported through collaboration with more than 154 local and international media outlets. Collaborative promotional efforts have also been carried out with international trade events in Russia, Thailand, Hong Kong, Malaysia, and Australia.

In addition, the PEO has prepared facilities to support the participation of potential buyers and facilitate transaction opportunities at TEI 2026. More than 200 rooms have been prepared for buyers who have undergone the business-matching process and demonstrated transaction or partnership potential with Indonesian businesses.

“These facilities are part of the organizer’s efforts to support the business process, from connecting buyers with Indonesian businesses to facilitating potential transactions during TEI 2026,” added Vibiadhi.

TEI 2026 is supported by Pertamina as a strategic partner, Bank Mandiri as the banking partner, and the Badan Pengelola Dana Perkebunan (BPDP). TEI 2026 also receives support from several institutions and organizations, including the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) and the Indonesia Eximbank (LPEI).

Further information on the 41stTradeExpoIndonesia(TEI) is available through Instagram @tei.2026 and the official website tradexpoindonesia.com.

PR Newswire is the Official Media Partner of Trade Expo Indonesia 2026.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/growing-enthusiasm-ahead-of-tei-2026–buyers-from-113-countries-and-1-500-exhibitors-ready-to-participate-302899051.html

SOURCE PT Debindomulti Adhiswasti

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BC Partners Credit Announces Initial Investment in LIV Golf, Marking the Next Step Toward a Financially Strong, Team-Focused Golf League

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NEW YORK, Oct. 5, 2026 /PRNewswire/ — BC Partners Credit, the credit arm of BC Partners, today announced an initial committed investment in LIV Golf by funds advised on its platform. This investment is the first part of a targeted $300 million in cumulative financing to help LIV Golf emerge from its restructuring as a fiscally strong, sustainable, team-focused golf league that complements the existing professional tours and contributes to the long-term potential of the sport. The next phase of LIV Golf, or LIV Golf 2.0, will feature players participating as equity owners of both the League and the teams—providing players with a direct stake in the League’s success.

“Our goal is to facilitate LIV Golf’s emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season,” said Ted Goldthorpe, Partner and Head of BC Partners Credit. “Just as importantly, we want the players who make this league what it is to share in what they help build. Giving players real and actionable ownership in the League and the teams is a unique opportunity in professional golf, and it aligns everyone around the long-term success of the product for the game and for the fans.”

A Complementary Role in the Global Game

BC Partners Credit believes LIV Golf’s team-based format offers a distinct and valuable experience that can complement and strengthen the broader golf ecosystem. BC Partners Credit looks forward to working constructively with tours and golf organizations around the world to build the game and create new opportunities for players and fans.

Building from the Ground Up

A central part of the vision for the next phase of LIV Golf is a commitment to grassroots efforts alongside nations, cities, and golf’s governing bodies. As part of this next phase, LIV Golf will aim to build on the League’s foundation and expand local programs that introduce new players to the game, support communities, and create pathways for the next generation of golfers and fans.

Players as Owners

A key feature of the next phase of LIV Golf is player ownership. Players will be equity owners of the League and the teams, providing them with a meaningful stake in the League’s growth and a direct voice in building its future. BC Partners Credit believes this unique structure will attract and retain top talent, strengthen team identity, and align the long-term interests of players, owners, and fans.

A Welcome to Players

BC Partners Credit welcomes current and prospective LIV Golf players who share the vision for the League’s next chapter. Whether joining or continuing with LIV Golf, players who choose to be part of LIV Golf 2.0 will have the opportunity to participate not just as competitors, but as owners and partners with a meaningful stake in building a stronger, more sustainable team-focused golf league.

“We are excited about what this next phase can mean for the players who compete in the League,” said Mr. Goldthorpe. “We invite those who want to help build a strong, sustainable, team golf league to join us.”

The financing by funds advised on the BC Partners Credit platform is subject to Bankruptcy Court approval and customary conditions.

About BC Partners Credit

BC Partners Credit was launched in February 2017, with a focus on identifying attractive credit opportunities in any market environment, often in complex market segments. The platform leverages the broader firm’s deep industry and operating resources to provide flexible financing solutions to middle-market companies across Business Services, Industrials, Healthcare, Entertainment and other select sectors.

Media Contacts

Luke Charalambous
luke.charalambous@bcpartners.com
+44 7775 180 721

Daniel Yunger / James Hartwell
Kekst CNC
bcpartnersus@kekstcnc.com

View original content:https://www.prnewswire.com/news-releases/bc-partners-credit-announces-initial-investment-in-liv-golf-marking-the-next-step-toward-a-financially-strong-team-focused-golf-league-302899061.html

SOURCE BC Partners

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Freshworks Set to Join S&P SmallCap 600

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NEW YORK, Oct. 5, 2026 /PRNewswire/ — Freshworks Inc. (NASD: FRSH) will replace BioLife Solutions Inc. (NASD:BLFS) in the S&P SmallCap 600 effective prior to the open of trading on Thursday, October 8. S&P MidCap 400 constituent Repligen Corp. (NASD:RGEN) is acquiring BioLife Solutions in a deal expected to be completed soon, pending final closing conditions.

Following is a summary of the change that will take place prior to the open of trading on the effective date:

Effective Date 

Index Name

Company Name 

Ticker 

GICS Sector 

October 8, 2026

S&P SmallCap 600

Addition 

Freshworks

FRSH 

Information Technology 

October 8, 2026

S&P SmallCap 600 

Deletion 

BioLife Solutions

BLFS

Health Care

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/freshworks-set-to-join-sp-smallcap-600-302899001.html

SOURCE S&P Dow Jones Indices

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