https://youtu.be/T96835cpJV4

500 Global today announced the appointment of Atul Mehta to its Board of Directors, marking an important step in the firm’s continued evolution as a global venture platform and institutional asset manager.

Mehta brings more than three decades of global investment and institutional leadership experience at a time when 500 Global has observed governments, multilateral institutions, and long-term capital providers rethinking how technology-led growth is financed and scaled.

He has held senior roles across private capital and development finance, including at the International Finance Corporation (IFC), where he managed multi-billion-dollar portfolios spanning technology, venture funds, infrastructure, agribusiness, healthcare, education, and financial services across emerging markets. Over his career, he has helped design and govern investment platforms—including blended finance structures and cross-border funds—that translate national development priorities into market-oriented investment strategies.

Over the past decade, 500 Global has invested in markets where technology-led growth can depend not only on entrepreneurship, but also on enabling ecosystems, including co-investment frameworks, regulatory alignment, and public–private collaboration. Today, with its portfolio representing more than 35+ unicorns and 165+ centaurs across 25+ countries¹, the firm is expanding its platform to mobilize institutional capital into innovation-driven sectors across emerging markets.

“Technology is reshaping national competitiveness, but we believe innovation begins with founders,” said Christine Tsai, CEO & Founding Partner, 500 Global. “As we continue backing entrepreneurs building transformative companies in AI, fintech, digital infrastructure, and other critical sectors, we are expanding how we partner with capital and institutions to meet the evolving needs of founders and the markets they are building. Atul’s perspective will be instrumental as we expand the firm.”

As governments integrate AI, digital infrastructure, and entrepreneurship into national growth strategies, 500 Global observes demand for professionally managed investment platforms aligned with sovereign priorities increasing.

“500 Global has built a unique and impressive record of supporting entrepreneurs and collaborating with governments globally and at scale,” said Mehta. “The firm has financed more than 3,000 companies and supported the development of innovation ecosystems, balancing commercial investment rigor with their partners’ development goals. As technology and entrepreneurship continue to drive growth worldwide, I believe demand for 500 Global’s presence and expertise will only accelerate. I have known Christine and her team for more than a decade and have consistently been impressed by their ambition and execution. I am delighted to join them in this next stage of their evolution.”

About 500 Global

500 Global is a global asset manager with $2.2 billion in assets under management, investing across venture and growth strategies in technology-driven companies worldwide. Since 2010, the firm has backed more than 5,000 founders across 3,000+ companies in 80+ countries — including 35+ unicorns and 160+ companies valued above $100 million. Beyond capital, 500 Global partners with governments, sovereign funds, and institutions to design and manage platforms aligned with long-term economic development priorities. Its portfolio spans AI, fintech, digital infrastructure, climate innovation, and the sectors defining the next era of global competitiveness. Learn more: 500 Global.

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¹ Based on internal estimates as of December 31, 2025, which has not been independently verified.

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FPT AI Factory announced the buildout of its next-generation AI infrastructure, accelerated by NVIDIA HGX B300 systems. This marks a significant milestone in empowering AI developers and enterprises to advance AI innovation across the region with reasoning and agentic capabilities.

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NVIDIA HGX B300

 

AI is shifting into a new phase where its true value will be defined by how deeply it is embedded into the fabric of industries. As models grow more powerful and adoption accelerates, scalable infrastructure becomes the catalyst for sustained innovation and long-term growth. To meet the escalating demands of AI at scale, FPT AI Factory’s expansion with NVIDIA HGX B300 strengthens its production-grade AI Developer Cloud, enabling enterprises and AI builders to turn AI ambition into real-world impact with speed and certainty.

With a global presence, FPT AI Factory has provided 43 AI Cloud services to more than 18,000 engineers, scientists, and business users across high-impact industries, including healthcare, IT, and financial services, and beyond. Through access to an advanced AI Cloud platform powered by NVIDIA HGX H100 and HGX H200 platforms, customers have unlocked multi-fold performance gains in both model training and inference, with minimal infrastructure overhead and strong price performance.

Backed by continuously evolving AI infrastructure in Vietnam and Japan and deep local expertise, FPT AI Factory serves not only as a trusted cloud platform but also as a strategic gateway that enables global AI developers and corporate customers to scale confidently across Japan and Southeast Asia.

NVIDIA HGX B300 will be available soon on FPT AI Factory. Developers and enterprises can register for early access to secure priority availability and accelerate their journey to Build Your Own AI with confidence.

About FPT Corporation

FPT Corporation (FPT) is a globally leading technology and IT services provider, operating in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.

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• AI is increasing cloud dependency, yet investment levels are not aligned
• As legacy applications and data hold back innovation, modernization emerges as a top cloud priority
• Technology ecosystem complexity puts a spotlight on security investments and the need to focus on fundamentals

NTT DATA, a global leader in AI, digital business and technology services, today released its new report, Cloud-led innovation in the era of AI: The new rules for driving value with cloud, revealing that just 14% of organizations have reached the highest level of cloud maturity despite nearly two decades of cloud adoption.

Based on a global survey of more than 2,300 senior decision-makers across 33 countries, the findings highlight a paradox as cloud takes on a new and critical role as the execution layer of the AI operating model. While 99% of organizations say AI is increasing demand for cloud investment, 88% say current cloud investment levels are putting AI, cloud-native and modernization initiatives at risk.

Additionally, while cloud is seen as essential for innovation, fewer than half of organizations are satisfied with its impact or with their modernization progress, signaling a disconnect between ambition and reality as expectations rise.

Cloud leaders, or organizations that indicated they are “cloud evolved” — the most advanced in terms of cloud adoption and impact, with solid business performance – are significantly better positioned to capitalize on AI.

“AI is accelerating faster than enterprise cloud maturity,” said Charlie Li, President, Global Head of Cloud and Security, NTT DATA, Inc. “Cloud has moved well beyond infrastructure and is now the execution layer for AI. Organizations that fail to evolve their cloud foundations risk constraining the growth and value of their AI investments. Our clients who are succeeding are treating cloud as a value creator, not a technology initiative.”

Six imperatives for driving value with cloud in the era of AI

NTT DATA outlines six rules organizations must adopt to turn cloud into a strategic value engine:

1. Cloud and AI strategies need to be developed in tandem: AI demand is rising, yet alignment is uneven. CAIOs are 22% more likely than CIOs and CTOs to say AI increases cloud investment needs. Additionally, AI is cited as the top cloud skills gap.
2. Cloud architecture choices will make or break your success: With cloud deployment choices now directly influencing cloud outcomes, organizations are increasingly adopting a mix of public, private, hybrid and sovereign cloud models. Nearly all expect private cloud growth and sovereign cloud adoption is projected to grow 50% in two years.
3. Reimagine how you drive business value with modern applications: Despite widespread agreement that cloud should drive innovation, halfsay legacy applications and data platforms are holding it back. Modernization is the top priority for the next two years.
4. A platform-led approach is no longer optional: As investments stall and environments become more complex, more than half cite cloud cost management challenges and organizations expect a threefold increase in fully managed cloud platforms.
5. Reset your cloud transformation KPIs: While AI is critical for helping organizations shift from technical to business metrics for cloud initiatives, adoption remains uneven. 47% of cloud leaders used AI in their last cloud migration project, compared with 35% of all others.
6. Make cloud secure with a focus on the basics: Security is the top cloud investment priority, yet confidence remains uneven: 68% of leaders are highly confident, versus 36% of all others. Leaders are also much more likely to define clear roles and responsibilities backed by regular audits, reinforcing the importance of the fundamentals as technology ecosystems grow more complex.

Together, these imperatives provide a framework for unlocking value in an AI-driven world. To explore the full findings, download the report: Cloud-led innovation in the era of AI: The new rules for driving value with cloud.

About the report

Respondents include C-suite, senior executives and other senior staff from enterprises spanning technology, manufacturing, banking, financial services, healthcare, consumer and other sectors.

About NTT DATA

NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D. Visit us at nttdata.com.

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• New value-added service brings subscription switching, cancellation, alerts, and insights into one seamless, in-app experience
• As global subscriptions approach 12 billion by 20301, consumers demand greater transparency and financial control
• Collaboration with providers like Pinwheel expands the reach of Visa’s Digital Issuer Solutions, which helps issuers deliver modern digital experiences for cardholders

Visa (NYSE: V), a global leader in digital payments, today unveiled an Enhanced Subscription Manager solution, a new value‑added service within its Digital Issuer Solutions business. As the number of subscriptions worldwide is projected to reach 12 billion by 2030, consumers are seeking simple, transparent ways to track and manage recurring charges. In support of this, Visa is collaborating with Pinwheel, a leading provider of in‑app bill management capabilities.

Enhanced Subscription Manager helps issuers respond to consumer demand by offering a consolidated, easy-to-integrate solution that elevates the user experience. Issuers can give cardholders greater subscription visibility, easy payment switching methods and cancellation capabilities, all without leaving their banking app. This helps reduce unwanted charges by giving consumers greater confidence and control over recurring subscription payments. Issuers can help strengthen engagement, improve retention, and reduce disputes and chargebacks tied to recurring payments.

“Consumers today want clarity, control, and convenience when it comes to managing the subscriptions that touch so many parts of their lives,” said Kathleen Pierce‑Gilmore, global head of Issuing Solutions at Visa. “By enhancing subscription management capabilities with Digital Issuer Solutions, and expanding through strategic collaborations with companies like Pinwheel, we’re helping issuers deliver digital experiences that keep them top‑of‑wallet.”

Visa’s Digital Issuer Solutions is a platform for delivering modern consumer‑facing experiences in an issuer’s app. Enhanced Subscription Manager is one of several value‑added services offered within the platform, focused specifically on subscription visibility and management. Additional platform capabilities include scheme‑agnostic push provisioning, digital card display, and transaction controls, supported by a foundation designed to evolve alongside issuer needs.

By integrating with Visa’s Digital Enablement Software Development Kit (SDK), the new collaboration with Pinwheel enables issuers to embed card switching and subscription cancellation for 100+ major merchants within their digital channels. According to a January 2025 survey of 500 employed and banked American consumers by Pinwheel, 75% of consumers expect in‑app bill management, and over 50% of Millennials and Gen Z consumers would switch banks to get it.

“As the subscription economy has exploded, consumers have lost visibility and control over their recurring spending,” said Brian Karimi-Pashaki, Chief Revenue Officer at Pinwheel. “That lack of transparency is confusing for consumers. Banks and fintechs that empower consumers to view, manage, switch, and cancel subscriptions are winning primary relationships, substantial interchange revenue, and long-term brand loyalty.”

Visa’s Enhanced Subscription Manager will be available to North American issuers in summer of 2026, followed by expansion to Latin America and the Caribbean. Visa designs and develops products to enhance the subscription billing experience for consumers, financial institutions, and merchants, with additional enhancements planned throughout 2026.

Explore more at Visa’s Digital Issuer Solutions.

Frequently Asked Questions (FAQ)

What is Visa’s Enhanced Subscription Manager?

Enhanced Subscription Manager is a value‑added service that is part of the suite of Digital Issuer Solutions. It enables issuers to provide cardholders with a centralized experience to view, manage, switch, and cancel recurring subscription payments directly within their mobile banking apps. Enhanced Subscription Manager brings together subscription visibility, alerts, insights, and card‑on‑file management through a single integration.

Who is the Enhanced Subscription Manager designed for?

The Enhanced Subscription Manager is designed for issuers that want to give their cardholders greater transparency and control over recurring payments while strengthening digital engagement and loyalty.

How does the collaboration with Pinwheel enhance the experience?

Through Visa’s collaboration with Pinwheel, issuers can offer expanded subscription switching and cancellation capabilities across more than 150 merchants. This includes cancellation for select merchants and guided workflows for many others, helping consumers take action on subscriptions that are often difficult to manage.

Can Enhanced Subscription Manager support subscription cancellation and card switching across payment networks?

Yes. Consumers can cancel subscriptions and switch eligible subscriptions paid with any card to a Visa card. The cancellation and switching capabilities, enabled through Visa’s collaboration with Pinwheel, work across payment networks.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About Pinwheel

Pinwheel powers next‑generation banking experiences with frictionless account activation and engagement solutions. Its industry‑leading Switch Kit enables instant deposit and bill switching and is supported by a proprietary network covering 1,800 payroll providers, 1.5 million employers, and thousands of merchants. Pinwheel delivers real‑time income, employment, deposit, and payment insights that help financial institutions personalize services and improve customer outcomes. Pinwheel is trusted by leading financial innovators and backed by top‑tier investors.

¹Juniper Research, “Subscription Economy Market 2025-2030 Data Forecasts,” July 14, 2025

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