Archives May 2026

Business Wire India

Amazfit, a leading global smart wearable brand owned by Zepp Health, today announced the Cheetah 2 Ultra. Building on the momentum of the recently launched Cheetah 2 Pro—designed for road marathoners—the Ultra is a specialized instrument for trail runners who measure success in elevation, unpredictable terrain, and hours spent on the move.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260513230718/en/

 

 

 

Amazfit’s Cheetah 2 Ultra is built for runners who prepare for ultra distances and mountain races, boasting 33-hour trail running optimized GPS battery life, full-color contour maps, Grade 5 titanium construction, and advanced training and recovery insights. Amazfit designed the Cheetah 2 Ultra to support the preparation required for long-course mountain racing from start to finish.

 

Engineered for Distance, Structured for Load

 

 

In ultra-running, distance is sustained through endurance, but load must be carried through structure. The Cheetah 2 Ultra pairs a Grade 5 titanium bezel, frame, and back cover with scratch-resistant sapphire glass to deliver exceptional structural integrity and strength without adding unnecessary weight. Built to withstand the rigors of technical mountain trails while remaining light on the wrist, the watch features a vibrant 1.5-inch AMOLED display with up to 3,000-nit peak brightness for clear readability from early alpine starts to late mountain finishes. A built-in dual-mode flashlight, with adjustable white, red, SOS, and Boost modes up to 300 lux, adds confidence during early morning and late evening efforts in the mountains.

 

 

Trail-Ready Battery Life That Matches the Distance

 

 

Built to support long stretches of training and racing, the Cheetah 2 Ultra offers up to 33 hours of battery life in Trail Running Mode, with the always-on display, heart rate monitoring, dual-frequency GPS, all-satellite positioning, and map navigation enabled. Off the trails, users can expect up to 30 days of typical battery life, helping the Cheetah 2 Ultra keep pace with both training cycles and daily life.

 

 

Navigate with Confidence Across Any Terrain

 

 

The Cheetah 2 Ultra delivers precision navigation built for the complexity of mountain racing.

 

 

• Dual-frequency six-satellite positioning: A circularly polarized GPS antenna ensures accurate, dependable route tracking through dense forests, steep canyons, and technical terrain.

 

• Alpine-Ready Clarity: A vibrant 1.5-inch AMOLED display protected by scratch-resistant sapphire glass features 3,000-nit peak brightness, making data easily readable under the intense glare of high-altitude sun.

• Full-Color Navigation: Topographic and contour maps deliver responsive navigation with rendering speeds 2.5 times faster and refresh speeds 12 times faster than before. Runners can create point-to-point routes, search nearby points of interest, and automatically reroute without needing a phone or network, so navigation stays reliable when focus and terrain demand the most. The upgraded Trail Running Mode includes a new elevation overview that color-codes slope difficulty across the entire route, giving runners a clear, at-a-glance view of what’s ahead and how to manage it. Trail Running Mode also applies load factor calculations for gradient, terrain resistance, and vertical gain, so exercise data reflects the true intensity of mountain effort.

Train Hybrid. Prepare Better.

 

Hybrid Training in the Zepp App organizes preparation across endurance, strength, and recovery, with Weekly Structure showing how training load is distributed so athletes can build volume without the fatigue that derails long training blocks. BioCharge™ energy monitoring translates overnight recovery into a daily readiness signal, while VO₂ max, fatigue level, training status, HRV, sleep, and training load insights help runners understand when to push forward and when to recover. Focus turns those signals into a clear training recommendation, helping each day support long-term progress.

 

 

With Cheetah 2 Ultra capturing performance in the moment, the system extends from preparation into execution, connecting how runners plan, perform, recover, and adapt over time.

 

 

Metrics That Define Progress Over Distance

 

 

The Cheetah 2 Ultra translates training data into meaningful guidance for mountain runners. Advanced running metrics, including lactate threshold, running power, pacing analysis, gait tracking, and finish time predictions, give runners a clearer understanding of how they move and how they can improve. Ground contact time and posture tracking add biomechanical depth to help runners train with greater intention across demanding terrain.

 

 

For those seeking deeper control, the watch integrates with advanced third-party platforms including TrainingPeaks, Runna, and Intervals.icu, while syncing activities with Strava. With 64GB of onboard storage, the Cheetah 2 Ultra also supports over 100 hours of podcasts and additional mapping.

 

 

“The Cheetah 2 Ultra is built for trail runners facing prolonged exposure in unpredictable terrain,” said Wayne Huang, CEO of Zepp Health. “By focusing on a ‘Structured for Load’ design, we’ve refined strength through architecture rather than bulk, creating a tool that supports the runner from the first mile of preparation to the final meter of the race.”

 

 

Pricing and Availability

 

 

The Cheetah 2 Ultra will be available for purchase starting May 13, 2026, for $599.99 on Amazfit.com.

 

 

About Amazfit

 

 

Amazfit, a global smart wearable and fitness leader, is part of Zepp Health (NYSE: ZEPP), a health technology company with its principal office based in Gorinchem, the Netherlands. Zepp Health operates as a distributed organization, with team members and offices across the Americas, Europe, Asia, and other global markets.

 

 

Amazfit builds smart wearables designed around movement—training with intention, recovery with balance, and evolution over time. Built for the way people train today, Amazfit blends endurance, strength, and recovery into a single, coherent rhythm to support sustainable progress over time.

 

 

Behind Amazfit is Zepp, which builds the intelligence that supports its training experience. For more information, visit www.amazfit.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260513230718/en/

 

Business Wire India

Carta, the agentic enterprise resource planning (ERP) platform for private capital, today announced it has acquired Avantia, a leading AI-powered legal and compliance law firm for asset managers. The acquisition launches Carta Law—the largest AI-native, integrated legal and compliance solution for private markets—unifying legal and compliance workflows with fund operations on a single platform.

 

Private capital firms have long operated with fragmented infrastructure, with fund administration, compliance, and legal services spread across separate vendors. Deal teams wait days for NDAs. Limited partner onboarding to new funds is delayed by KYC backlogs. General counsels lose visibility into legal spend or institutional precedent. As deal velocity increases and regulatory complexity grows, this fragmentation becomes a competitive disadvantage and operational barrier for funds. With the acquisition of Avantia and the introduction of Carta Law, the industry will have a single-platform solution.

 

 

“Avantia built the best legal and compliance product for private capital and now we’re making it foundational infrastructure,” said Henry Ward, Chief Executive Officer, Carta. “The largest PE firms in the world are paying top-tier law firms for high-volume, ultimately routine legal work, and they shouldn’t have to. Carta Law changes that by connecting Avantia’s AI-native delivery, outcome-based pricing, and lawyer-backed review directly to Carta’s system of record for private capital.”

 

 

Carta Law delivers three core capabilities:

 

 

• Speed with institutional verification: Every legal and compliance recommendation is run against AI for fast, uniform results before being verified by seasoned professional attorneys from a registered law firm.
• Institutional-grade legal review at scale: AI-native legal workflows rapidly process high-volume transactional work, eliminating the operational drag of routine contracts and compliance, so GCs and CCOs can focus on high-stakes strategic risk.
• Agent-orchestrated workflows across fund operations: Codify firm standards—from KYC matrixes to NDA details—into a single source of truth backed by attorney oversight.

 

Avantia is already trusted by 200+ global asset managers, including 30% of the world’s largest funds, supporting transactions across more than $15 trillion in assets under management. By integrating Avantia’s AI workflow engine, Ava, into Carta’s ERP, firms can now unify legal and compliance decisions with fund operations on a single platform—following the same model Carta used with cap tables, valuations, fund taxes, and fund administration. With Carta Law, every action that results in a record can be traced to a legal action and compliance check on the same platform, and compliance decisions are recorded and auditable, creating institutional memory that informs future deal work.

 

“We founded Avantia in 2019 on a contrarian bet — that AI could deliver legal and compliance outcomes, not just assist with them,” said James Sutton, CEO, Avantia. “Pioneering that outcome-as-a-service model drove rapid growth across some of the world’s largest asset managers, and ultimately brought us here. Now, as part of Carta, we are excited to take it to the whole ecosystem.”

 

 

Carta Law is part of Carta’s broader infrastructure strategy to support transparency, accuracy and speed in decision-making for private fund operations. Earlier this year, Carta acquired ListAlpha, integrating deal team and investor relations workflows and AI-powered insights into the same ERP. Carta is embedding AI throughout its offerings—through plugins with Claude and other AI models, and specialized agents that connect deal sourcing for investment teams, portfolio analytics for LPs, fund insights for CFOs, LP engagement for GPs and more to the actual fund ledger.

 

 

Existing Avantia clients will continue receiving the same services and can now connect Carta Law to Carta’s full ERP—integrating legal and compliance with fund administration, CRM, portfolio analytics, and LP management.

 

 

To learn more, visit carta.com/blog/avantia-law-acquisition/. For more information about Carta, visit carta.com.

 

 

About Carta

 

 

Carta is the agentic ERP for private capital, connecting the entire ecosystem—from GPs and LPs to CEOs, CFOs, employees, and advisors. Trusted by 50,000 companies in 160+ countries, our platform streamlines every ownership workflow, making it easier to understand, manage, and grow equity. With software and services built to scale, Carta empowers you to build, invest, and grow with confidence. Carta’s Fund Administration platform supports 9,000 funds and SPVs, representing $220B+ in assets under management, with tools designed to enhance the strategic impact of Fund CFOs. Recognized by Fortune, Forbes, Fast Company, Inc. and Great Places to Work, Carta is transforming how private capital operates.

 

 

For more information visit carta.com

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260513917345/en/

 

 

Business Wire India

Pennant Technologies, an agile and innovative financial technology company, today announced the launch of pennApps Agentic AI Studio, a purpose-built suite designed to help banks, non-banking financial companies (NBFCs), and financial institutions operationalise AI across the credit lifecycle. Designed to move AI from experimentation to production, Agentic AI Studio enables institutions to deploy domain-aligned AI agents across loan origination, underwriting, servicing, and collections, driving measurable business impact without requiring wholesale replacement of existing systems.

 

Most AI initiatives in lending fail to scale beyond pilots due to a lack of domain alignment, governance, and production readiness. Built as an extension of Pennant’s pennApps Lending Factory, Agentic AI Studio addresses these challenges by enabling financial institutions to accelerate the deployment of intelligent, domain-aligned AI agents across the lending lifecycle, without disrupting existing systems.

 

From AI Experimentation to Real Outcomes

While interest in AI adoption continues to grow, many financial institutions struggle to move beyond isolated use cases. Agentic AI Studio addresses this gap by embedding governance, explainability, and operational control into every AI-driven process.

Early implementations have demonstrated:

• Up to 40% reduction in loan processing turnaround time

• Up to 30% improvement in collections efficiency

• Faster rollout of new lending journeys by 2–3x

 

Purpose-Built AI for Lending Operations

Unlike generic AI platforms, Agentic AI Studio is designed specifically for the complexities of lending operations, including credit policies, compliance frameworks, and risk controls.

Key capabilities include:

• Domain-aligned AI agents for lending workflows
  Pre-configured and customisable AI agents that operate within defined credit policies, automating decisions and workflows across origination, underwriting, servicing, and collections.

• Audit-ready and explainable AI decisioning
  Every AI-driven action is designed to be traceable, explainable, and aligned with regulatory expectations, enabling confident adoption at scale.

• AI-powered design-to-build acceleration
  Convert Figma designs and requirements into production-ready applications and workflows, significantly reducing development cycles.

• Multilingual conversational AI for borrower engagement
  Voice and conversational agents supporting 20+ Indian languages for servicing, collections, and customer interactions.

 

“The industry doesn’t have an AI capability problem, it has a productionisation problem,” said Sireesh Patnaik, Chief Product & Technology Officer, Pennant Technologies. “Agentic AI Studio is designed to solve exactly that. By combining deep lending domain expertise with enterprise-grade AI governance, we are enabling financial institutions to move beyond pilots and deploy AI confidently in real-world lending environments.”

 

Accelerating AI Adoption Without Disruption

Because Agentic AI Studio is designed to work with pennApps Lending Factory, institutions can incrementally introduce AI-driven capabilities while continuing to rely on a proven lending platform.

Secure, scalable, multi-cloud deployment options ensure that AI adoption aligns with enterprise IT strategies, while built-in controls support compliance and operational resilience.

Financial institutions can request a use-case-led demo and AI readiness assessment tailored to their lending operations by visiting:
www.pennanttech.com/pennapps-agentic-ai-studio/

 

Business Wire India

Uptime Institute today announced the release of its 8th Annual Outage trends report, an ongoing series from Uptime Institute Intelligence analyzing IT service resiliency. Outage prevention continues to be a central focus for data center operators as demand growth, AI-driven workloads and power constraints reshape risk profiles. As design and operations improve, operators must still navigate greater system complexity, grid instability, deeper interdependencies and evolving external threats. The 8^th Annual Outage Analysis 2026 report analyzes recent data on the causes, frequency and consequences of IT and data center outages.

 

For the fifth consecutive year, Uptime Intelligence Research suggests that outage frequency on a per-site basis is declining. However, the pace of improvement has slowed compared to previous years and approximately 1 in 10 note their last outage had serious or severe impacts.

 

 

In publicly reported outages, external infrastructure failures are becoming more prominent. Also, outages linked to fiber and connectivity issues are rising and more likely to result in extended disruptions.

 

 

“Outages overall have slowed down, and overall, digital infrastructure is remarkably resilient. But further resiliency gains are becoming harder to achieve,” said Andy Lawrence, founding member and executive director, Uptime Intelligence. “We believe that over time, failures will increasingly not be the result of a single point of failure, but instead be linked to complex interactions between systems, including software, networks, and external dependencies. While site based electrical and mechanical infrastructure remain a critical building block that needs to be resilient, digital infrastructure is becoming more distributed with outages originating outside the data center, including those tied to power availability, network connectivity or the reliance on external cloud services playing a larger role.”

 

 

Uptime’s annual outage analysis is unique in the industry and based on data from a variety of sources, including publicly available reports (e.g., information reported in news and social media), Uptime surveys (such as the Annual Uptime Institute Global Data Center Survey and the Uptime Institute Data Center Resiliency Survey 2026). This information is further supplemented with information from Uptime Institute members and partners, and its database of publicly reported outages.

 

 

Key Findings Include:

 

 

• For the fifth consecutive year, outage rates on a per-site basis are declining. However, the pace of improvement has slowed.
• External infrastructure failures are becoming more prominent in publicly reported outages – possibly indicative of a long-term trend foreseen in Uptime predictions. Outages linked to fiber and connectivity issues are rising and more likely to result in extended disruptions.
• Outage costs continue to edge upward. In Uptime’s 2025 Annual Survey, 57% of respondents said their most recent major outage cost more than $100,000. For the second consecutive year, 1 in 5 reported costs exceeding $1 million. Around one in ten say their last outage had serious or severe impacts.
• Power remains the leading cause of impactful outages, but the risks are evolving. Failures involving UPS systems, transfer switches and generators are dominant; however, worsening grid constraints and high-density workloads are introducing new pressure points.
• Operators are adapting investment strategies toward automation and control systems to manage complexity, while resiliency assessments remain more focused on internal systems than on external and systemic risks. However, more automation can cause different classes of problems.

 

For 2026, failures to follow established procedures remain the leading driver of human error-related outages. Issues such as inconsistent or unclear processes are also common, alongside installation and in-service errors.

 

Over the nine years that Uptime has been tracking publicly reported outages, third-party IT and data center service providers — including cloud and internet giants, telecommunications, and colocation companies — have accounted for about two-thirds of those reported. This reflects a structural shift in the industry that may still require further adaption at a contractual and financial level.

 

 

Learn More: For further insight into Uptime’s latest research on digital infrastructure failures, register to attend the upcoming 2026 Annual Outage Analysis webinar on Wednesday, May 13th at 9:00 a.m. PDT (12:00 PM EDT, 5:00 PM BST) here and on demand afterwards. A 9-page Executive Summary, an excerpt of a much more detailed, 29-page report, is available for download here.

 

 

To access the entire Annual Outage Analysis 2026 Report and Uptime Intelligence on an evaluation basis, please visit https://intelligence.uptimeinstitute.com/request-evaluation. The full report is available to Uptime Network members and Uptime Intelligence subscribers. (Press: email publicrelations@uptimeinstitute.com)

 

 

About Uptime Institute

 

 

Uptime Institute is the Global Digital Infrastructure Authority. With over 4,000 awards issued in over 122 countries around the globe, and over 1,100 currently active projects in 80+ countries, Uptime has helped tens of thousands of companies optimize critical IT assets while managing costs, resources, and efficiency. For over 30 years, the company has established industry-leading benchmarks for data center performance, resilience, sustainability, and efficiency, which provide customers assurance that their digital infrastructure can perform across a wide array of operating conditions at a level consistent with their individual business needs. Uptime’s Tier Standard is the IT industry’s most trusted and adopted global standard for the design, construction, and operation of data centers. Offerings include the organization’s Tier Standard and Certifications, Management & Operations reviews and assessments including SCIRA-FSI financial sector risk assessment, the Sustainability Assessment, and a broad range of additional risk management, performance, availability, and related offerings. Uptime Education training programs have been successfully completed by over 100,000 data center professionals, such as the much-valued ATD (Accredited Tier Designer) and AOS (Accredited Operations Specialist). The Uptime Education curriculum has been expanded by the acquisition of CNet Training Ltd. in 2023.

 

 

Uptime Institute is headquartered in New York, NY, with offices in London, Sao Paulo, Dubai, Riyadh, Singapore, and full-time Uptime professionals based in over thirty-four countries around the world. For more information, visit uptimeinstitute.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260513289344/en/