Tuesday, November 11, 2025

JETOUR MEDIA ALLIANCE TECH TOUR SHOWCASES HYBRID OFF-ROAD INNOVATIONS



KUALA LUMPUR, Nov 11 (Bernama) -- The 2025 JETOUR Media Alliance (JMA) Tech Tour concluded successfully in Wuhu, Anhui Province, bringing together leading global automotive media representatives at the company’s headquarters.

The event featured a series of technology immersions, workshops and test drives that highlighted JETOUR’s advancements in new energy and hybrid off-road technologies, as well as its global development strategy, according to a statement.

A key highlight was the introduction of the GAIA architecture, which integrates four core modules—GAIA Platform, GAIA Cockpit, GAIA Pilot and GAIA Travel+—to meet all-terrain mobility demands in the new energy era.

The G700, an all-terrain hybrid off-road sport utility vehicle (SUV), received strong acclaim during its first global media test drive for its powerful performance and intelligent control systems, reaffirming JETOUR’s engineering capability and brand confidence.

The Tech Tour also strengthened collaboration within the JMA through workshops and hands-on experiences that provided participants with deeper insights into the company’s technology roadmap and strategic direction.

Media representatives from Saudi Arabia, Egypt and Chile shared regional feedback on the G700’s off-road performance, range and intelligent features, contributing valuable input for JETOUR’s product refinement and global positioning.

Many participants noted the G700’s strong balance between performance, intelligence and efficiency, positioning it competitively in markets such as the Middle East and Africa, where long range and off-road capability are vital.

With the G700 set for global debut, JETOUR continues to advance toward its goal of becoming a leading hybrid off-road brand. Backed by a “6+N” global research and development (R&D) system and a 4,000-member innovation team, the company now operates in 91 countries and regions with eight overseas subsidiaries.

-- BERNAMA

Saturday, November 8, 2025

Quantexa Unveils Agentic AI Platform To Tackle Enterprise Data Trust Problem

KUALA LUMPUR, Nov 5 (Bernama) -- Quantexa has launched Quantexa AI, a next-generation expansion of its Decision Intelligence Platform designed to help enterprises deploy artificial intelligence (AI) responsibly by grounding it in trusted, contextualised data.

As companies race to adopt large language models (LLMs) and domain-specific AI systems, many face a common barrier — fragmented data. When AI learns from incomplete or unverified information, it risks producing inaccurate or unexplainable outputs.

Quantexa AI addresses this concern by enabling AI models and human users to interact directly with unified, contextual enterprise data in real time, according to a statement.

“The future of successful enterprise AI deployments will be decided by those who can solve the data problem. Enterprises cannot build trustworthy AI on fragmented data.

“Our Decision Intelligence Platform delivers the foundation to make AI not only powerful, but also responsible, grounded in context, governed by design, and explainable at every decision point,” said Quantexa founder and chief executive officer, Vishal Marria.

A key feature of the launch is the Agent Gateway, a secure orchestration layer that allows organisations to deploy and manage agentic AI systems—AI agents that reason, collaborate, and act autonomously—while enforcing governance and auditability.

The gateway integrates with major LLM providers, including OpenAI, Claude, Mistral, and Gemini, and supports open standards such as MCP and agent-to-agent for interoperability.

Quantexa also introduced Q Assist Workspace, an AI copilot environment that allows users to converse with and query enterprise data, receiving recommendations and insights with full explainability. The workspace is designed for use in investigations, risk management, customer intelligence, and compliance workflows.

The enhancements position Quantexa to drive the next phase of enterprise AI adoption, where accuracy, transparency, and data lineage will determine competitive advantage. The company plans to introduce domain-specific agent capabilities in 2026.

The agentic-ready Quantexa Decision Intelligence Platform, featuring Q Assist and Agent Gateway, is now available globally.

-- BERNAMA

​Boyd Announces Sale of its Thermal Business to Eaton for $9.5 Billion

Boyd Engineered Materials to Operate as an Independent Company Following Deal Close

Sale Positions Boyd to Continue to Scale its Engineered Materials Business with Opportunities in Rapidly Growing Markets

Transaction Expected to Close in 2Q of 2026

BOCA RATON, Fla., Nov 4 (Bernama-BUSINESS WIRE) -- Boyd Corporation (“Boyd”), the trusted global innovator in engineered materials and thermal solutions, today announced that it has signed a definitive agreement to sell its Thermal business to Eaton, an intelligent power management company, for $9.5 billion. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals, and is expected to close in the second quarter of 2026.

Upon transaction close, Boyd’s Engineered Materials business, which delivers advanced technologies that seal, shield, and insulate high performance applications across the industries it serves, will continue to operate as an independent company under the Boyd Corporation brand and continue to be backed by Goldman Sachs Alternatives.

Boyd is positioned to pursue significant growth opportunities for its Engineered Materials business, where it has built a leadership position through deep material science expertise, proprietary manufacturing technologies, and long-standing customer relationships in mission-critical applications.

“This is a transformative day for the entire Boyd team, and I am confident that combining Eaton’s chip-to-grid power and Boyd’s Chip-to-AmbientTM cooling architectures will help accelerate the deployment of future AI datacenters,” said Doug Britt, Chief Executive Officer of Boyd. “Our Engineered Materials team will continue to accelerate the development of innovative solutions that address our customers’ engineering challenges across multiple rapidly growing end markets. With the continued support of our partners at Goldman Sachs, Boyd Engineered Materials can build on its market leading position and drive additional growth across our business.”

“It has been an honor to help Doug and the team scale Boyd’s Thermal business, and we believe Eaton’s proven track record of driving portfolio-wide value creation will ensure the business is well-positioned for its next chapter of growth,” said Leonard Seevers, Partner in Private Equity at Goldman Sachs Alternatives. “We are also pleased to continue supporting the Boyd Engineered Materials team as they build upon their strong foundation to deliver even more innovative, customer-centric solutions across critical end markets.”

This divestiture will have no impact on Boyd Engineered Materials’ operations moving forward, as Boyd maintained segmented operations, leadership, R&D, sales and customer support teams. Engineered Materials’ customers will continue to receive the same high-quality service they have come to expect from Boyd.

Advisors

Goldman Sachs & Co. LLC acted as lead financial advisor with J.P. Morgan Securities LLC also serving as financial advisor to Boyd Corporation and affiliates of Goldman Sachs. Davis Polk & Wardwell LLP is serving as legal counsel to Boyd.

About Boyd

Boyd is the trusted global innovator of sustainable solutions that make our customers’ products better, safer, faster, and more reliable. Our innovative engineered materials and thermal solutions advance our customers’ technology to maximize performance in the world’s most advanced data centers; enhance reliability and extend range for electric and autonomous vehicles; advance the accuracy of cutting-edge personal healthcare and diagnostic systems; enable performance-critical aircraft and security technologies; and accelerate innovation in next-generation electronics and human-machine-interface. Core to Boyd’s global manufacturing is a deep commitment to protecting the environment with sustainable, scalable, lean, strategically located regional operations that reduce waste and minimize carbon footprint. We empower our employees, develop their potential, and inspire them to do the right things with integrity and accountability to champion our customers’ success.

www.boydcorp.com

About Private Equity at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.5 trillion in assets under supervision globally as of September 30, 2025. Established in 1986, Private Equity at Goldman Sachs Alternatives has invested over $75 billion since inception. The business combines a global network of relationships, unique insight across markets, industries and regions, and the worldwide resources of Goldman Sachs to build businesses and accelerate value creation across its portfolios.

Follow us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251103940509/en/ 

Contact

Media

For Boyd:

Amie Jeffries
amie.jeffries@boydcorp.com

Or

Devin Broda
ICR
Devin.Broda@icrinc.com

For Goldman Sachs Alternatives:

Mary Athridge
Mary.athridge@gs.com 

Source : Boyd Corporation

--BERNAMA 

Friday, November 7, 2025

Game Developers Can Now Strengthen Player Loyalty and Security With Xsolla’s Expanded Fintech Ecosystem This Holiday Season

 

Table

(Graphic: Xsolla)


Xsolla Gold Expansion, Xsolla Pay Loyalty Program, and Network Tokens Create a Unified Framework for Secure, Rewarding Transactions


LOS ANGELES, Nov 7 (Bernama-BUSINESS WIRE) -- Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of its fintech ecosystem with a new suite of Xsolla-owned payment methods just in time for the busy holiday sales season, when transactions surge. Reliable payment solutions are essential for success. These solutions are designed to help developers strengthen player loyalty, reduce transaction friction, and maintain secure, trusted checkout experiences across global markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106730479/en/ 

As the gaming industry enters its peak seasonal spending period and focuses on sustaining loyal player engagement, Xsolla continues to invest in fintech innovations that connect all aspects of commerce, rewards, and security. Xsolla’s owned payment portfolio includes Xsolla Gold Gift Cards (both physical and digital) and the Xsolla Pay Loyalty Program, each designed to deepen player relationships, promote secure payments, and deliver greater value to developers and their gamers. In addition, Xsolla strengthens transaction security by implementing Network Tokens, an advanced industry technology that enhances payment authorization rate and protects sensitive data.

Key features of the new Xsolla-owned payment methods include:
  • Xsolla Gold:
    • Xsolla Gold, an Xsolla-branded gift card for use in games, is expanding into 10,000 U.S. retail stores, providing players with new ways to gift games and in-game content this holiday season. This expansion eliminates the need for developers to create their own branded gift cards, making it the perfect solution for last-minute digital gifting.
    • Xsolla Gold goes cross-border. Previously limited to USD spending, it can now be spent globally with seamless conversion to local currencies, making it available to players in any country and usable in any currency.
  • Xsolla Pay Loyalty Program: Integrated into Xsolla Pay, Xsolla-branded accelerated checkout, this loyalty program rewards players for every purchase made during the Holiday Season, when spending and gifting are at their peak. By earning points with each transaction, players are encouraged to return after the holidays, turning one-time buyers into long-term fans. For developers, it’s an opportunity to capitalize on the seasonal surge in transactions while building lasting loyalty, retention, and larger transactions.
  • Network Tokens: Replacing raw card numbers with secure, auto-updating tokens from Visa and Mastercard helps developers reduce fraud by up to 30%. Approval rates can be boosted by 3–7%, and ensure recurring payments flow smoothly, even when cards expire or are reissued. As players increase their spending during the Holiday Season, this added security ensures seamless and trusted checkout experiences worldwide.
“These innovations reflect our commitment to building a trusted payments foundation for the global games ecosystem,” said Chris Hewish, President at Xsolla. “By owning and expanding our fintech infrastructure, we’re enabling developers to deliver seamless, rewarding experiences that turn everyday transactions into lasting player connections.”

By developing its own payment methods, Xsolla is advancing its long-term vision to simplify global game commerce by providing all the tools partners need to connect with more players, drive sustainable revenue, and deliver experiences that keep gamers engaged and inspired.

For more information about Xsolla’s owned payment methods, please visit: xsolla.pro/RNPM25

About Xsolla

Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game.

For more information, visit xsolla.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20251106730479/en/

Contact

Media Contact
Derrick Stembridge
Vice President of Global Public Relations, Xsolla
d.stembridge@xsolla.com 

Source : Xsolla

Axi is heading to Jeddah Fintech Week 2025

Broker to showcase their innovative capital allocation program, Axi Select, IB & Affiliate partnership opportunities, and more

SYDNEY, Nov 5 (Bernama-GLOBE NEWSWIRE) -- Axi, a financial leader in online CFD and FX trading, announced their attendance at this year’s Jeddah Fintech Week, taking place November 16-17, at Hilton Jeddah in Jeddah, Saudi Arabia.

Event attendees will have the opportunity to explore trading through the Axi trading platform, how they can grow their IB and Affiliate business scoring exclusive deals available only during the event, discover how they can become funded traders through the broker’s flagship capital allocation program, Axi Select – and access capital funding up to $1M USD – and more. “Traders are invited to visit our team at Booth #A6 and unlock their trading advantage with Axi,” says Hannah Hill, Head of Brand and Sponsorship at Axi. She adds, “Committed to providing our traders and partners with the tools and opportunities to accelerate their potential, we’re bringing exclusive opportunities to this year’s expo that you don’t want to miss.

Football enthusiasts can also visit Axi’s booth for an inside look at the broker’s longstanding partnership with eight-time Premier League Champions Manchester City. Exclusive Manchester City memorabilia and the club’s mascots will be on-site for photo opportunities, and attendees will have the chance to win exciting prizes from the broker.

In October, Axi participated in Forex Expo Dubai 2025 and was honoured with the ‘Best Trading Experience’ award*. In addition to this recognition, the broker also received several industry accolades*, including ‘Most Reliable Broker’; ‘Broker of the Year’ and ‘Most Innovative Proprietary Trading Firm’ from Finance Feeds, and ‘Best Broker MENA’ from the Global Forex Awards, highlighting the broker’s forward-thinking ethos and its vision for the future of the trading industry.

About Axi

Axi is a global online FX and CFD trading brand, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information or additional comments from Axi, please contact: mediaenquiries@axi.com 

The Axi Select program is only available to clients of Axi. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to our Terms of Service.

*Granted to the Axi Group of Companies.

SOURCE: AxiTrader Limited

DISCLAIMER: BERNAMA MREM 
are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Thursday, November 6, 2025

Helical Fusion Completes HTS Coil Test, Advances Towards Commercial Fusion Power


 
KUALA LUMPUR, Oct 30 (Bernama) -- Japan’s Helical Fusion Co Ltd, a developer of the Helical Stellarator, has completed a key performance test of a high-temperature superconducting (HTS) coil—a major milestone in the global pursuit of commercial fusion energy.


Following the test, the company began manufacturing and construction of its integrated demonstration device, Helix HARUKA, under its Helix Programme aimed at developing the world’s first commercially viable fusion power plant.


The coil achieved stable superconducting current flow at 40 kiloamperes under a seven-tesla magnetic field at minus 258 degrees Celsius, meeting the technical threshold required to advance to the next development phase.


“The successful test marks a global turning point for commercial fusion and reflects Japan’s strong collaboration between industry, academia and government,” said Helical Fusion Co-Founder and Chief Executive Officer, Takaya Taguchi in a statement.


Meanwhile, its Co-founder and Chief Technology Officer, Junichi Miyazawa said the result demonstrates the company’s readiness to move from laboratory research to real-world application, adding that the milestone “strengthens confidence in achieving commercial fusion power within the next decade”.


Founded in 2021, Helical Fusion builds on more than six decades of research in the Helical Stellarator field from Japan’s National Institute for Fusion Science (NIFS).


The company works closely with NIFS under Japan’s Small Business Innovation Research (SBIR) Phase Three programme, supported by the Ministry of Education, Culture, Sports, Science and Technology (MEXT).


It received a two billion Japanese yen (US$13 million) grant under the programme, the largest allocation to date, to accelerate magnet and reactor component development. (US$1=RM4.18)


The achievement underscores Japan’s leadership in fusion innovation and the company’s commitment to realising clean, safe and sustainable energy for the world.


-- BERNAMA

Wednesday, November 5, 2025

TITANBAY, ADAMS STREET FORM PARTNERSHIP TO EXPAND PRIVATE WEALTH ACCESS

 

KUALA LUMPUR, Nov 5 (Bernama) -- Titanbay, one of Europe’s fastest-growing private market infrastructure platforms, has announced a partnership with Adams Street Partners LLC (Adams Street), a global private market investment firm with over US$62 billion in assets under management. (US$1=RM4.19)

The partnership aims to enhance private wealth solutions through a cross-border infrastructure designed to provide a seamless experience for private wealth clients, intermediaries, and distributors, according to a statement.

Titanbay’s platform manages the full investment lifecycle and streamlines processes such as onboarding, compliance, and reporting. It also offers digital access to real-time documentation, reducing operational complexity for investors and distributors.

“Titanbay is the infrastructure layer that helps connect many of the world’s leading firms with the private wealth market,” said Titanbay managing director and head of GP Solutions, Richard Kiddle.

Meanwhile, Adams Street principal of wealth management, Greg Favre said this partnership allows the company to operate in the private wealth channel in a way that reflects its institutional standards.

As private wealth clients become an increasingly significant component of global markets, specialised platforms like Titanbay are seen as key enablers, providing outsourced solutions that combine technology, regulatory compliance, and operational scale.

By combining intelligent technology, regulatory expertise and operational strength, Titanbay enables asset managers to expand into private wealth with speed and scale – and gives distributors seamless access to leading private market funds.

-- BERNAMA