Icertis Reports Record Year of New Business Growth

Business Wire India

Icertis, the global leader in AI-native contract intelligence, today announced a record year of new business growth in 2025. Nine Fortune-ranked companies, including BMW and McDonald’s, became new Icertis customers, along with prominent U.S. public sector organizations like the Defense Logistics Agency. The company now supports one out of every five businesses in the Fortune Global 500.

 

Additionally, more than half of its customers expanded relationships with Icertis last year to realize even greater value from contract intelligence. Monthly active users on the Icertis Contract Intelligence platform are up more than 60 percent year-over-year, and the company achieved a record number of go-lives while also driving a 70 percent reduction in implementation timelines.

 

 

“Icertis raised the bar in 2025 across our AI, industry solutions, customer experience, and strategic partnerships as we continue to meet the rising demand for contract intelligence,” said Anand Subbaraman, CEO, Icertis. “We are connecting agreements, data, and systems to create an enterprise-wide intelligence layer for our customers that drives better decisions, speeds execution, and ultimately enables them to reach commercial goals faster.”

 

 

Building Momentum with AI

 

 

2025 marked the debut of Icertis Vera, a smarter AI for contracts that delivers intelligence enterprises can trust. With deep contextual understanding that enables higher accuracy, Vera ensures that contract obligations are met to optimize performance at scale.

 

 

Icertis immediately followed the launch of Vera with the acquisition of Dioptra to deliver an AI-first experience for customers across every touchpoint. Dioptra extended the Icertis platform’s operations capabilities with surgical redlining, automated playbook creation, and pre-signature agents that handle first line of review on every agreement.

 

 

These AI investments and new agentic capabilities enabled Icertis to increase AI annual recurring revenue (ARR) by nearly 40 percent year-over-year.

 

 

Driving Industry Excellence

 

 

Icertis continues to deliver industry-specific solutions that address the unique contracting needs of organizations in the public sector, healthcare, financial services, and more. In 2025, the company launched Icertis for Healthcare Providers to reduce time to value by combining Vera AI with contract capabilities built expressly for healthcare.

 

 

Icertis also grew its public sector practice by more than 80 percent year-over-year and solidified relationships with the country’s most mission-critical government agencies. In the second quarter, Icertis will open a new office in Reston, Va., to serve as the central hub for its federal and government contracting business.

 

 

Strengthening Strategic Partnerships

 

 

SAP and Icertis expanded their partnership in 2025, with Icertis joining the highest tier of SAP partners as the only SAP Solution Extension for contracting that enables native integration with SAP Ariba. SAP Ariba Contract Intelligence by Icertis speeds and simplifies product deployment with preconfigured integrations, an improved user experience, and one-stop licensing. Looking ahead, Icertis is co-innovating with SAP to rebuild an agent-first contracting experience embedded within next-gen SAP Ariba.

 

 

Within its partner ecosystem, Icertis also continued to deepen relationships with existing partners like Accenture – the flagship customer for Vera Analytics – and form new strategic collaborations with industry leaders like Thomson Reuters to transform legal work through an integration with its GenAI assistant, CoCounsel.

 

 

“Enterprises choose Icertis Contract Intelligence because we offer a comprehensive, easy-to-use platform driven by the most complete contract AI in the market,” said Nitin Khorana, Executive Vice President, Global Sales, Icertis. “Our strategic partners like SAP and clear focus on the healthcare, public sector, and financial services industries continue to position Icertis as a future-proof AI investment for customers looking to realize value.”

 

 

Icertis is recognized as a contract lifecycle management (CLM) leader by IDC and Forrester, and one of the Fastest Growing Companies in the Americas according to the Financial Times. With the backing of investors including B Capital, Eight Roads Ventures, Greycroft, and Penny S. Pritzker (PSP) Partners, Icertis continues to drive the CLM market and pave the way for the future of autonomous contracting.

 

 

About Icertis

 

 

Icertis is the AI-native contract intelligence company that turns enterprise strategy into faster execution at scale. Powered by Vera, the Icertis platform delivers an enterprise-wide contract intelligence layer that understands business and industry context – connecting agreements, data, and systems to drive the future of autonomous contracting.

 

 

 

 

 

Hyperice Introduces Hypervolt 3 Line: More Powerful, Quieter, and Longer-Lasting Percussion Massage Devices

Business Wire India

Hyperice, a high-performance wellness brand, today announced the global launch of the Hypervolt 3 line, its most advanced percussion massage technology to date. The three-device line features the Hypervolt Go 3 ($149), the Hypervolt 3 ($249), and the Hypervolt 3 Pro ($349) — achieving significant performance upgrades across the board at more accessible price points than industry competitors.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310934508/en/

 

 

The Hypervolt 3 line enables users to massage away stress and tension, loosen muscle knots, maintain flexibility and range of motion, accelerate warm-up before workouts, and recover quickly after activity.

The Hypervolt 3 line enables users to massage away stress and tension, loosen muscle knots, maintain flexibility and range of motion, accelerate warm-up before workouts, and recover quickly after activity.

 

Hyperice has built its reputation over the last 15 years on one guiding principle: elite-level recovery technology designed to help everyone perform and move better, from professional athletes to those preparing for or recovering from the day-to-day grind. The Hypervolt 3 line is the latest proof point of that mission.

 

“The Hypervolt 3 line represents the best percussion massage technology we’ve ever built,” said Jim Huether, CEO of Hyperice. “We’ve taken everything that made the Hypervolt 2 series one of the most trusted products in wellness and recovery and made significant upgrades, delivering more power, reducing noise, and extending battery life. Whether you’re a professional athlete or an everyday athlete, the Hypervolt 3 line was designed to meet you where you are with the most accessible premium percussion massage gun experience.”

 

 

The Hypervolt 3 line enables users to massage away stress and tension, loosen muscle knots, maintain flexibility and range of motion, accelerate warm-up before workouts, and recover quickly after activity.

 

 

Every device in the Hypervolt 3 line features fully redesigned head attachments that are 33% larger to cover more surface area during each session. All three devices include a carry case, are TSA-friendly for carry-on travel, and are FSA/HSA-eligible in the U.S. The Hypervolt 3 and Hypervolt 3 Pro each come with the redesigned Heated Head Attachment, combining three levels of heat therapy (109 – 120°F / 42.8 – 48.9°C) with percussion massage. The Hypervolt Go 3 is compatible with the new Heated Head Attachment, sold separately.

 

 

Hypervolt Go 3 ($149 / CA$199 / £129 / €149) — For the go-getter

 

 

The Hypervolt Go 3 is a lightweight percussion massage gun designed for recovery on the go. Weighing just 1.6 lb (0.73kg) with a slanted ergonomic handle, it has five speeds of percussion and four hours of battery life via USB-C charging. Powered by QuietGlide® technology, it includes two redesigned head attachments for more targeted relief. At $149, the Hypervolt Go 3 delivers pro-level recovery in the most portable package on the market, while also offering longer battery life and more precision control.

 

 

  • Key Features: 5 speeds with digital dial, Hyperice App connectivity, 4-hour battery, 1.6 lb (0.73kg), 45 lbs of stall force. Compatible with new Heated Head Attachment.
  • What’s Included: 2 attachments (flat, wedge), carry case, USB-C cord.

 

Hypervolt 3 ($249 / CA$329 / £219 / €249) — For the everyday performer

 

The Hypervolt 3 is more powerful than the Hypervolt 2 with five precision speeds and near-silent operation. A pressure sensor guides intensity, while Bluetooth connectivity enables personalized recovery routines via the Hyperice App. The device weighs 2 lb (0.91kg) and includes five redesigned head attachments, among them the Heated Head Attachment, plus a carry case. Battery life extends up to four hours on an 18V wall charger with international plugs included.

 

 

  • Key Features: 5 speeds with digital dial, pressure sensor, Hyperice App connectivity, 4-hour battery, 2 lb (0.91kg), 60 lbs of stall force.
  • What’s Included: 5 attachments (Heated Head, flat, wedge, fork, cushion), carry case, 18V wall charger.

 

Hypervolt 3 Pro ($349 / CA$469 / £309 / €349) — For the pro

 

The Hypervolt 3 Pro is Hyperice’s flagship percussion device, built for athletes training at high volume, physical therapists, and anyone whose performance depends on their body recovering. At 2.5 lb (1.1kg), it includes the Heated Head Attachment, a premium carry case, and app connectivity for personalized protocols. The Hypervolt 3 Pro delivers therapist-level deep-tissue pressure trusted by professional sports teams at $349.

 

 

  • Key Features: 6 speeds with digital dial, 70 lbs stall force, whisper-quiet 51 dB, Hyperice App connectivity, 4-hour battery, 2.5 lb (1.1kg).
  • What’s Included: 5 attachments (Heated Head, flat, wedge, fork, cushion), carry case, 18V wall charger.

 

All three devices introduce key upgrades from the Hypervolt 2 generation: more percussion speeds, longer battery life, quieter operation via patented QuietGlide® technology, and fully redesigned attachments that cover more surface area.

 

“When we introduce the Hypervolt 3, it will be almost 8 years to the day from when we introduced the first Hypervolt at the 2018 NBA All-Star game in LA,” said Anthony Katz, Hyperice Founder. “A lot has changed since then, but we still believe in developing new products that help passionate people move better. Whether it’s introducing a whole new product category, or evolving an existing product line in our ecosystem, our values haven’t changed: to pursue every product idea with the highest level of thought and care for design and performance. And it’s with that mindset that we introduce the Hypervolt 3 line.”

 

 

The Hypervolt Go 3, Hypervolt 3, and Hypervolt 3 Pro are available now at hyperice.com and nike.com as well as Best Buy, Dick’s Sporting Goods, and REI in the U.S.

 

 

Images: HERE

 

 

About Hyperice

 

 

Hyperice is a technology-driven company with a giant mission, to help everyone on Earth move and live better. For more than a decade, Hyperice has led a global movement at the confluence of recovery and wellness, specializing in percussion (Hypervolt line), dynamic air compression (Normatec line), vibration (Vyper and Hypersphere lines), thermal technology (Venom line), contrast therapy (Hyperice X), and Hyperboot collaboration with Nike. Now, as a holistic high-performance wellness brand, Hyperice is designed for all – from the most elite athletes, leagues, and teams to consumers everywhere looking to unlock the best version of themselves to help them do what they love, more. Recognized as one of Fast Company’s Most Innovative Companies and a TIME Best Inventions winner, Hyperice has applied its technology and know-how to industries including fitness, hospitality, healthcare, massage, physical therapy, sports performance, and workplace wellness on a global scale. For more information, visit hyperice.com.

 

 

 

 

 

Andersen Global Expands African Presence with Addition of Bravura

Business Wire India

Andersen Global strengthens its presence in Africa through a Collaboration Agreement with Bravura, a leading independent tax and financial advisory firm based in South Africa and Namibia.

 

Founded in 1999, Bravura provides tax and financial advisory solutions to listed and private companies, entrepreneurs, and high-net-worth families across the region. Bravura combines deep financial expertise with an entrepreneurial mindset to deliver tailored strategies that drive value. The firm’s multidisciplinary team provides advisory services in mergers and acquisitions, capital raising, corporate restructuring, and succession planning. Additionally, the firm offers tax and accounting strategy, international tax structuring, global mobility, and exchange control compliance solutions.

 

“At Bravura, we’re driven to redefine standards and deliver bespoke, results-driven solutions that create lasting value for our clients,” said Ian Matthews, head of business development at Bravura. “Our collaboration with Andersen Global enables us to leverage its expansive platform and build working relationships with professionals globally, who share our unwavering commitment to excellence, integrity, and performance.”

 

Global Chairman and CEO of Andersen, Mark L. Vorsatz added, “Bravura’s proven track record and forward-thinking approach position them as a valuable addition to our platform. The firm’s deep expertise and knowledge of the local market complement our capabilities in Africa and enhance our ability to deliver seamless, multidisciplinary solutions to clients in the region and globally.”

 

Andersen Global is an international association of legally separate, independent member firms comprised of tax, legal, and valuation professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms.

 

 

 

 

 

Verifone and Thales Unlock Seamless Global Connectivity for Payment Terminals

Business Wire India

 

  • Thales today announced a partnership with Verifone, a global leader in payment terminal solutions, to connect Verifone’s next-generation point-of-sale (POS) terminals using Thales eSIM technology.
  • The collaboration aims to simplify device deployment and enable secure, flexible connectivity for payment terminals worldwide; as connectivity can be provisioned, managed and updated remotely throughout the device lifecycle.
  • By using Thales eSIM management platform, Verifone removes the need for removable SIM cards and country-specific hardware versions, significantly reducing operational complexity for manufacturers and service providers alike.

 

At the core of this partnership is Thales’s leadership in eSIM management for large-scale connected devices, enabling remote connectivity provisioning and management, in line with the latest GSMA SGP.32 IoT specifications. These standards support secure and interoperable management of connectivity profiles, making it possible to deploy devices globally while maintaining full control over connectivity choices at local level.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310957492/en/

 

 

Thales today announced a partnership with Verifone, a global leader in payment terminal solutions, to connect Verifone’s next-generation point-of-sale (POS) terminals using Thales eSIM technology.

Thales today announced a partnership with Verifone, a global leader in payment terminal solutions, to connect Verifone’s next-generation point-of-sale (POS) terminals using Thales eSIM technology.

 

For Verifone, this approach transforms manufacturing and logistics. Devices can be produced in a single, standardized configuration, shipped anywhere in the world, and activated remotely once deployed. This streamlines supply chains, accelerates time-to-market, and improves resilience in a context where agility and scalability are critical.

 

For merchants and payment service providers, embedded eSIM connectivity ensures reliable, secure and always-on communications for payment transactions, while reducing installation constraints and maintenance costs. Connectivity becomes an integrated digital capability rather than a physical dependency.

 

 

“At Verifone, we’re focused on simplifying how payment devices are deployed and managed at global scale,”said Ryan Ahern, VP, Global Hardware Product Strategy at Verifone.“By integrating Thales’s eSIM technology directly into our terminals, we eliminate the need for removable SIM cards and country-specific variants. That means faster rollouts, streamlined manufacturing, and secure, remotely managed connectivity from day one.”

 

 

“We are proud to partner with Verifone to simplify connectivity for the payment ecosystem,”said Eva Rudin, VP Mobile Connectivity Solutions at Thales. “Our eSIM technology and management platform remove the complexity of global deployments and manufacturing, enabling customers to connect their devices securely, efficiently and with confidence, today and in the future. Through this partnership, Thales and Verifone reaffirm their shared commitment to innovation, security and simplicity, supporting the evolution of connected payment infrastructures worldwide.”

 

 

About Thales

 

 

Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services helps address several major challenges: sovereignty, security, sustainability and inclusion.

 

 

The Group allocates €4.5 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, Cybersecurity, Quantum and Cloud technologies.

 

 

Thales has more than 85,000 employees in 65 countries. In 2025, the Group generated sales of €22.1 billion.

 

 

About Verifone

 

 

Verifone is a leading global payments technology provider trusted by the world’s top brands. Verifone powers the boundless payments grid, enabling distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. By combining a flexible platform, an open ecosystem of 2,500+ integrations, and four decades of payments expertise, Verifone eliminates payment complexity and expands what’s possible across every payment channel.

 

 

 

 

 

Invisible Technologies Agrees to Acquire WeCP to Strengthen Expert Validation for High-Precision AI Workflows

Business Wire India

Invisible Technologies today announced it has entered into an agreement to acquire WeCP, an AI-native technical assessment and intelligence platform known for its rigorously validated evaluation frameworks.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310738939/en/

 

Invisible Technologies today announced it has entered into an agreement to acquire WeCP

Invisible Technologies today announced it has entered into an agreement to acquire WeCP

As AI systems are deployed across engineering, healthcare, finance, and other complex domains, the quality of the experts shaping those systems has become increasingly critical. High-stakes AI workflows require structured, high-fidelity validation of domain specialists at scale.

 

WeCP brings an AI-native assessment and intelligence platform, which to date has created over two million real-world technical interviews and more than 18,000 targeted domain and role-specific assessment frameworks across engineering, banking, healthcare, finance, and advanced STEM domains. It also has enhanced infrastructure for RL gyms and task simulation. Built over five years of continuous iteration, the platform enables precise evaluation of advanced technical talent.

 

“This acquisition expands our foundation of high-precision AI training,” said Matt Fitzpatrick, CEO of Invisible Technologies. “The performance of advanced AI systems depends on trusted human expertise, and WeCP’s assessment engine has built one of the most extensively refined technical assessment libraries in the market. By integrating WeCP into Invisible’s AI training platform, Meridial, we’re raising the bar on precision and speed for expert evaluation across our platform while also accelerating our capabilities in RL gyms and simulated environments.”

 

WeCP was founded by NIT Trichy alumni Abhishek Kaushik, formerly of Google, and Mohit Goyal, formerly of Meta, with a vision to modernize technical evaluation. What started as an effort to improve interview question generation evolved into a comprehensive system for measuring real-world skill, reasoning, and domain expertise. Kaushik and Goyal will join Invisible along with several key members of the WeCP team and continue working on their core mission to advance expert assessment infrastructure.

 

“We built WeCP to solve a fundamental challenge: traditional talent vetting does not scale for high-impact, high-precision work,” said Abhishek Kaushik, CEO and Co-founder of WeCP. “Joining Invisible allows us to extend our assessment frameworks into advanced AI training environments where rigor and accuracy are essential.”

 

About Invisible Technologies

 

Invisible Technologies is building the platform that makes AI work. It adapts models to each business and adds human expertise when needed — the same approach used to improve models for over 80% of the world’s top AI companies, including Microsoft, AWS, and Cohere. Invisible works across industries — from supply chain automation for Swiss Gear, to AI-enabled naval simulations with SAIC, and validating NBA draft picks for the Charlotte Hornets. Profitable for over half a decade, was ranked #2 fastest-growing AI company in 2024, and recently raised $100M to advance its platform technology

 

About WeCP

 

Founded in India by Abhishek Kaushik and Mohit Goyal, alumni of NIT Trichy, WeCP is an AI-native technical assessment platform that designs structured, validated evaluation frameworks to measure real-world expertise across engineering, data science, machine learning, cloud infrastructure, cybersecurity, finance, and advanced STEM roles.

 

Nexthop AI Accelerates Into Hypergrowth With Oversubscribed $500M Series B Funding, Catapulting the Company’s Valuation to $4.2 Billion

Business Wire India

Nexthop AI, the leading pioneer of highly efficient AI Networking, today announced successful closure of an oversubscribed $500 Million Series B funding round, catapulting the company’s valuation to $4.2 Billion. This round was spearheaded by Lightspeed Venture Partners, with Andreessen Horowitz joining as a major investor, and participation from Altimeter and all existing investors.

 

“The rapid growth of AI is forcing a fundamental rethink of data center network architecture — and that creates one of the largest infrastructure market opportunities we’ve seen in a generation, with the potential to build a $100B+ company. That conviction led us to invest in Nexthop AI from Day One,” said Guru Chahal, Partner at Lightspeed Venture Partners. “Nexthop is uniquely positioned to become the next great networking vendor by combining hyperscale-grade performance, open software, and a co-development model built in lockstep with the world’s largest AI operators.“

 

 

“AI clusters are pushing data center networks to their limits, and networking is now central to overall system performance. Nexthop is purpose-built for this shift, combining deep hyperscale experience with a focus on high-performance and open networking,” said Raghu Raghuram, General Partner, Andreessen Horowitz. “We believe Anshul and the team are tackling one of the most important infrastructure challenges in AI today, and we’re excited to partner with them as they scale.”

 

 

Nexthop AI has quickly emerged as a frontrunner in the most advanced AI & Cloud Networking segment. The company delivers both off-the-shelf and highly customized switching solutions built on open source operating systems such as SONiC and FBOSS.

 

 

“Our relentless focus on innovation and deep customer partnerships has driven the development of highly customized JDM solutions for the largest operators and cutting-edge turnkey products for NeoClouds. We are thrilled to partner with the world’s leading investors in the AI space, to help scale the company to the next level,” said Anshul Sadana, Founder & CEO of Nexthop AI.

 

 

Today, Nexthop also launched a range of products for scale-out, scale-across and front-end applications for cloud and AI data centers. The launch portfolio sets new standards for performance, power efficiency, and deployment speed – very critical metrics in AI infrastructure.The company continues to invest in expanding R&D and infrastructure capabilities to broaden this foundational portfolio to meet the demands of unprecedented growth in infrastructure.

 

 

To learn more about today’s announcement, read the latest blog from Anshul Sadana, Founder & CEO of Nexthop AI.

 

 

Supporting Quotes

 

 

“AI datacenter networking is being rearchitected as genAI drives a new wave of infrastructure buildout by hyperscalers and neoclouds. With the market expected to reach $100B by 2031, there is significant opportunity for companies like Nexthop AI to deliver next-generation networking architectures with meaningful advantages in power and cost efficiency. These shifts toward scale-across networking will be critical in enabling the next generation of large-scale AI clusters while lowering total cost of ownership.” – Dylan Patel, Founder, SemiAnalysis.

 

 

About Nexthop AI

 

 

Nexthop AI is a cohesive team of seasoned industry experts, who through their collaborative product design as well as system and network engineering capabilities are building innovative networking products and solutions for Hyperscalers and NeoClouds. Nexthop is headquartered in Santa Clara with additional locations in Seattle, Vancouver, Dublin and Bengaluru, India. For more information visit http://nexthop.ai.

 

 

nexthop ai, the nexthop ai logo, and all related product and software names are trademarks of Nexthop Systems Inc. All other trademarks or service marks are the property of their respective owners. Product specifications and information are subject to change without notice.

 

 

 

 

 

Nexthop AI Unveils Transformative, industry-leading Scale-out and Scale-across Switches engineered for Hyperscalers & NeoClouds

Business Wire India

Nexthop AI, the leading pioneer of highly efficient AI Networking, today launched a range of products for scale-out, scale-across and front-end applications for cloud and AI datacenters. The launch portfolio sets new standards for performance, power efficiency, and deployment speed – very critical metrics in AI infrastructure.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310990709/en/

 

 

Nexthop AI's highly efficient scale-out and scale-across AI networking portfolio

Nexthop AI’s highly efficient scale-out and scale-across AI networking portfolio

 

Nexthop also unveiled the Disaggregated Spine architecture – a new, highly efficient, scale-across network design developed in collaboration with a large hyperscaler. This innovative architecture decomposes the traditional monolithic chassis running proprietary software into independent, optimized, functional tiers. It features a scale-across leaf tier (data center fabric facing) and scale-across spine tier (data center interconnect facing) offering deep buffers, line-rate MACsec encryption and expanded routing tables. This architecture delivers 30% lower cost and 30% lower power consumption than legacy chassis-based systems and facilitates adoption of open network operating systems such as SONiC.

 

Driving the Future of Open Networking

 

 

Nexthop AI is an active contributor to the open networking ecosystem, serving as a SONiC Governing Board member of the Linux Foundation. In a very short timeframe, Nexthop has risen to be amongst the top 10 global contributors to the SONiC project. Nexthop empowers customers to run their preferred version of a network operating system like SONiC or FBOSS on its switches. In addition, for the NeoClouds, Nexthop offers a hardened, supported, high-quality distribution of the Nexthop Network Operating System powered by SONiC.

 

 

“We are delighted to see the tremendous contributions Nexthop has made to the open networking community in such a short time. They are partnering with the community on several new initiatives, including pioneering new concepts like the Disaggregated Spine. Their speed of execution, coupled with their unwavering dedication to customer success, is truly commendable,” said Dave Maltz, Principal Network Architect for Azure Networking at Microsoft.

 

 

Pioneering New Platforms for AI and Cloud

 

 

Nexthop AI’s launch portfolio sets new standards for performance, power efficiency, and deployment speed – very critical metrics in AI infrastructure. These platforms can run any version of SONiC or FBOSS that hyperscalers choose or are also available as a turnkey solution fully integrated with Nexthop NOS for NeoClouds.

 

 

  • NH-4010: The industry’s lowest power 51.2 Tbps switch based on Broadcom Tomahawk 5 silicon. Its highly efficient system design is proven to save customers 15-20% power in like-for-like configurations, delivering 10s of Megawatts of total power savings at scale.
  • NH-4220: The industry’s highest density 102.4 Tbps air cooled system based on Broadcom Tomahawk 6 silicon. These switches are specifically engineered to provide seamless migration from previous generations without requiring disruptive changes to rack or fiber plants, enabling rapid deployment of next-generation AI clusters.
  • NH-5010: The first deep-buffer, scale-across spine switch based on Broadcom Qumran 3D silicon, enabling the Disaggregated Spine architecture for leading Hyperscalers.

 

“We are pleased to collaborate with Nexthop on SONiC and SAI-based architectures to deliver standards-based Ethernet switching solutions for deployments within and across data centers, serving our hyperscale and data center customers. Nexthop’s deep system expertise and integration of our low-power switching silicon have enabled scalable, highly power-efficient solutions,” said Asad Khamisy, senior vice president and general manager, Core Switching Group, Broadcom.

 

Nexthop platforms offer advanced real-time telemetry for efficient congestion control, advanced load balancing and real-time layer 1 and optics monitoring – significantly improving overall network performance and link reliability.

 

 

“Ethernet Switching is a key building block for AI Networking. Led by new AI and scale-across use case expansions, the market is poised to approach $200B over the next decade,” said Alan Weckel, founder and technology analyst at 650 Group. “Nexthop AI is taking a unique co-development approach to product development and their initial platforms represent the start of a foundational portfolio that raises the bar to fundamentally address the efficiency, density, and reliability challenges to support 800G and 1.6T deployments.”

 

 

Availability and Additional Resources

 

 

Nexthop AI’s innovative platforms and software solutions are already shipping to leading Hyperscalers. Nexthop platforms also have a complementary optics portfolio with dedicated focus on Layer 1 validation that improves stability and deployment speed for customers.

 

 

To learn more about today’s announcements, explore the following resources:

 

 

  1. The Hyperscaler Paradox – Build, Buy or Partner?, Anshul Sadana, Founder & CEO
  2. Whitepaper – Disaggregated Spine for Modern AI Networks
  3. Journey of a new company built for SONiC, Ryan Torres, VP Software Engineering

 

Our team will be at OFC 2026 in Los Angeles, demonstrating some of our AI solutions. To schedule a meeting with us, reach out to sales@nexthop.ai.

 

About Nexthop AI

 

 

Nexthop AI is a cohesive team of seasoned industry experts, who through their collaborative product design as well as system and network engineering capabilities are building innovative networking products and solutions for Hyperscalers and NeoClouds. Nexthop is headquartered in Santa Clara with additional locations in Seattle, Vancouver, Dublin and Bengaluru, India. For more information visit http://nexthop.ai

 

 

nexthop ai, the nexthop ai logo, and all related product and software names are trademarks of Nexthop Systems Inc. All other trademarks or service marks are the property of their respective owners. Product specifications and information are subject to change without notice.

 

 

 

 

 

IFF Expands Latin American Footprint With New Enzyme Hub, Brazil Application Lab

Business Wire India

IFF (NYSE: IFF) — a global leader in flavors, fragrances, food ingredients and health & biosciences — is enhancing regional production and innovation capabilities to better support the continued growth of its Health & Biosciences (H&B) business in Latin America, one of the fastest-growing markets for the company. The effort includes the transformation of the Arroyito site in Argentina into IFF’s first full fermentation‑based enzyme production hub in the region and the opening of a household care application laboratory at IFF’s Innovation Center in Brazil. Together, these enhancements expand IFF’s regional footprint and are expected to improve speed, reliability and locally relevant solutions for markets including brewing, animal nutrition, biofuels and home care.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310253993/en/

 

 

IFF's home care application lab in Brazil.

IFF’s home care application lab in Brazil.

 

“This is about turning science into impact where it matters most,” said Letícia Gonçalves, president of IFF H&B. “By bringing world‑class fermentation and application capabilities to Latin America, we are accelerating innovation for our customers and translating that into better food, more effective cleaning solutions and everyday products that improve quality of life for millions of consumers across the region.”

 

Building a regional enzyme production hub
IFF’s deep expertise in fermentation technology is at the heart of the Arroyito expansion, enabling the production of high‑performance enzymes through controlled biological processes that deliver consistent results under real‑world manufacturing conditions while reducing environmental impact. With the enhancements, IFF will now produce enzymes locally from the initial biological stage rather than relying solely on final processing and packaging steps, improving performance reliability, increasing processing efficiency and enabling faster adjustments as customer needs evolve across applications including brewing, animal nutrition, biofuels and home care.

 

 

Advancing applied innovation in home and personal Care
Complementing the Arroyito plant transformation, IFF’s new household care application laboratory in Brazil is designed to help customers evaluate and optimize enzyme performance under real regional conditions. The laboratory supports laundry and dishwashing applications, enabling faster testing, improved formulation accuracy and closer collaboration with customers developing next‑generation cleaning products.

 

 

“Latin America is a dynamic growth market for bioscience‑enabled solutions,” said Deia Vilela, vice president of Latin America for IFF H&B. “What’s most exciting is how this momentum is being shaped through deeper partnerships with customers and teams across the region, creating a strong foundation for sustained innovation and shared growth in the years ahead.”

 

 

Building on more than four decades of industrial biotechnology leadership, IFF’s investment reinforces its long‑term commitment to the region and positions its Health & Biosciences business to capture future growth across food, home and personal care, animal nutrition and bio‑industrial markets.

 

 

Cautionary Statement under the Private Securities Litigation Reform Act of 1995
This press release contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “”plan”, “expect,” “anticipate,” “intend,” “believe,” “seek,” “see,” “will,” “would,” “target,” similar expressions, and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the timing or nature of the new facilities. The forward-looking statements included in this release are made only as of the date hereof, and we undertake no obligation to update the forward-looking statement to reflect subsequent events or circumstances.

 

 

Welcome to IFF
At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, food ingredients, health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sustainable solutions that elevate products people love — advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook.

 

 

©2026 International Flavors & Fragrances Inc. (IFF). IFF, the IFF Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by IFF or affiliates of IFF unless otherwise noted. All Rights Reserved.

 

 

 

 

 

ATLAS Infrastructure Invests in H2O America, Backs Long-Term Growth Strategy

Business Wire India

  • ATLAS anchors H2O America’s equity raise and establishes new substantial shareholding
  • Upsized transaction highlights strong market support for H2O’s long-term strategy and sector leading growth outlook
  • H2O’s organic growth fully equity funded into 20281

 

ATLAS Infrastructure (“ATLAS”) is a specialist Global Listed Infrastructure investor managing funds on behalf of long-term infrastructure clients. Following the recent equity placement, ATLAS’s actively managed accounts hold ~10.8% voting and economic interest in H2O America (“H2O”).

 

ATLAS was pleased to support H2Os long‑term strategy to invest in local water and wastewater utility operations through our participation in the recent equity raise. ATLAS recognises the disciplined approach from H2O management which focuses on organic investment in existing businesses alongside targeted and accretive transactions such as the acquisition of Quadvest which materially expands H2O’s regulated water footprint in a premium high‑growth jurisdiction. The upsized equity raise, anchored by ATLAS, supports the company strategy through providing significant balance sheet capacity and financial flexibility well into the Company’s 2026-2030 CapEx plan.

 

 

Increased investment in water utilities is essential to ensure that communities can continue to enjoy high quality drinking water and that wastewater networks can continue to improve to meet and exceed environmental expectations alongside a growing population. ATLAS is pleased to support the management and employees of H2O through this equity placement by ensuring that the company has the capital support to continue its strategy of investment and improvements to its network and services. This increased investment into H2O fits well with the ATLAS objective of delivering long term, sustainable returns for our clients through investment in high quality infrastructure companies that are investing in delivering essential services to their local communities.”
– Rod Chisholm, Partner

 

 

1. ATLAS estimates

 

 

 

 

 

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship

Business Wire India

Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has partnered with Formula E, the world’s first all-electric FIA World Championship and B Corp Certified sport. Under the agreement, Corpay becomes the exclusive and Official Foreign Exchange Provider of the ABB FIA Formula E World Championship.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310640540/en/

 

 

The ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world’s most iconic cities providing an elite motorsport platform for the world’s leading automotive manufacturers to accelerate electric vehicle innovation with the GEN3 Evo race continuing to set a new benchmark as the fastest-accelerating FIA single-seater, rocketing from 0-60 mph in an astonishing 1.82 seconds.

 

 

Through this partnership, Corpay Cross-Border will provide comprehensive FX risk management and international payment solutions to support Formula E’s global operations. With races spanning major cities across multiple continents, Formula E operates in a highly dynamic, multi-currency environment — creating a strong strategic fit for Corpay’s expertise in managing foreign exchange exposure and cross-border transactions.

 

 

“As a truly global motorsport platform, Formula E operates across numerous currencies and jurisdictions throughout its racing calendar,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “We are proud to partner with an innovative, forward-thinking championship and to support its international growth with tailored FX and cross-border payment solutions that help mitigate currency risk and drive operational efficiency.”

 

 

“Formula E is at the forefront of technology and sustainability, and it is vital that our partners reflect that same forward-thinking approach,” said Max Adkins, Chief Financial Officer, Formula E. “Partnering with Corpay allows us to streamline our global financial operations across a highly dynamic, multi-currency environment. We look forward to working together as we continue to bring the excitement of all-electric racing to fans around the world.”

 

 

About Corpay

 

 

Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less. Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc.

 

 

Corpay – Payments made easy. To learn more visit www.corpay.com.

 

 

About Formula E

 

 

The ABB FIA Formula E World Championship is known as the next evolution of motorsport. As the world’s first all-electric series, Formula E operates as a high-speed ‘living laboratory’ where innovation and adrenaline collide.

 

 

The championship has achieved the milestone of 150 races, and serves as a vital test bed for the world’s leading automotive manufacturers – including Porsche, Jaguar, Nissan, Stellantis, Mahindra and Lola Cars – to innovate and refine the electric vehicle (EV) technologies that will define future urban mobility.

 

 

Underpinning this performance is a profound commitment to impact. Formula E is a Certified B Corp – the world’s first and only sport to achieve this designation – reflecting its dedication to high standards of social and environmental transparency. It also stands as the only sport in the world to be Net Zero Carbon since inception and recently became the first to achieve the BSI Net Zero Pathway certification, setting a new global benchmark for science-based climate action.

 

 

As a progressive challenger in the sports landscape, Formula E is defined by unpredictable, wheel-to-wheel competition. In 11 seasons, the series has crowned 10 different champions, proving it to be one of the most competitive and open titles in world championship level sport. With a commitment to accessibility and a grid of world-class drivers and manufacturers, the series continues to rewrite the rules of elite sport, engaging a new generation who value purposeful ambition and fearless action.

 

 

www.FIAFormulaE.com

 

 

For Formula E media enquiries, please contact media@fiaformulae.com.

 

 

About ABB:

 

 

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and more than 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

 

 

*“Corpay” in this document primarily refers to the Cross-Border Division of Corpay, Inc. https://www.corpay.com/cross-border; a full listing of the companies that are part of Corpay Cross-Border is available here: https://www.corpay.com/compliance.