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ModelBest Launches 2B-Parameter Edge AI Model, Tops Open-Source Rankings

Beijing – September 12, 2026 -- ModelBest, a Chinese AI startup, has released MiniCPM5-2B, a 2-billion-parameter open-source language model that ranks first on the Artificial Analysis Intelligence Index among open-source models under 4 billion parameters. The model, built in collaboration with the OpenBMB open-source community, also scored 20 on the Agentic Index, a metric measuring autonomous task-execution capability, outpacing peers in its size category.

Model runs agentic tasks natively on edge hardware without cloud dependency

MiniCPM5-2B natively supports tool calling, deep search, code generation, and multi-step reasoning despite its compact parameter count. ModelBest positions the release as evidence that increasing 'intelligence density' rather than scaling parameter counts can deliver strong performance within the compute, memory, and power constraints typical of edge devices such as PCs, smartphones, robotics, and IoT hardware.

Hertha BSC Migrates ERP System to Cloud With BearingPoint

Frankfurt – September 12, 2026 -- Hertha BSC has completed the migration of its Microsoft Dynamics 365 Business Central system from an on-premise setup to the cloud, marking the first concrete step in a broader digital transformation partnership with management and technology consultancy BearingPoint.

BearingPoint becomes official Innovation Partner of the 130-year-old Berlin club

The Berlin football institution, founded in 1892 and counting more than 60,000 members, named BearingPoint its official Innovation Partner to drive enterprise IT modernization. The consultancy managed the full transformation cycle, including analysis, migration planning, testing, go-live support and post-launch system stabilization.

Youlife Group Chief Strategy Officer to Present at Skyline Webinar

Shanghai – September 12, 2026 -- Youlife Group Inc. (NASDAQ: YOUL) will have its Chief Strategy Officer, Tianshi (Stanley) Yang, deliver a live corporate presentation on Wednesday, September 9 at 11:00 a.m. ET through the Skyline Signature Series webinar platform.

Youlife executive to address investors via live virtual forum

The presentation, hosted by Skyline Corporate Communications Group, LLC, will be followed by a live Q&A session in which management will respond directly to questions submitted by attendees. Registration for the free virtual event is open to financial professionals and prospective shareholders.

Evotec Biologics Moves U.S. War Dept. Antibody JST-018 to Phase 1

Seattle – September 12, 2026 -- Just – Evotec Biologics has initiated a first-in-human Phase 1 clinical trial for JST-018, a monoclonal antibody cocktail targeting orthopoxviruses, developed under a U.S. Department of War contract.

Just – Evotec Biologics advanced JST-018 from sequence selection to clinical trial under a 2023 Department of War contract

The biologics CDMO, a wholly owned subsidiary of Evotec SE (NASDAQ: EVO; Frankfurt: EVT), executed the full development chain — preclinical work, process development, regulatory submission and cGMP manufacturing of clinical trial material — at its J.POD® facility in Redmond, Washington, using its continuous bioprocessing platform.

Broadridge Launches DLX, an Operating System for Tokenized Finance

New York – September 12, 2026 -- Broadridge Financial Solutions (NYSE: BR) has launched DLX, an end-to-end tokenization and digital asset infrastructure platform designed to let financial institutions operate across tokenized and traditional markets through a single connected layer.

DLX links to the DTCC Tokenization Service via Canton at launch

The platform launches with connectivity to the DTCC Tokenization Service through the Canton network, with additional network integrations to be announced. DLX covers issuance, trading, settlement, servicing, custody, governance and distribution for asset classes including bonds, equities, funds, private markets and money market instruments within one operating framework.

Laopu Gold Overtakes Richemont Jewellery Unit in China Sales

Beijing – September 12, 2026 -- Chinese jewellery brand Laopu Gold outsold the jewellery division of Swiss luxury conglomerate Richemont Group in the Chinese market in 2025, a milestone that has drawn scrutiny from European luxury researchers.

Laopu Gold ranks first globally in store sales efficiency

Industry data cited by Professor Stéphane JG Girod of IMD business school shows Laopu Gold ranked first globally among luxury brands in both single-store sales efficiency and floor-area efficiency in 2025 and from January to June 2026. Within the jewellery category, its per-store performance was several times higher than that of other international jewellery brands. The company is currently the only Chinese brand present in the high jewellery segment of the luxury market.

CARKU Unveils Sodium-Ion, Lithium Starting Batteries at Automechanika Frankfurt

Frankfurt – – September 12, 2026 -- CARKU is showcasing a dual-track battery strategy at Automechanika Frankfurt 2026, positioning sodium-ion and lithium starting batteries as replacements for AGM technology across combustion-engine fleets.

CARKU targets cold-climate markets with sodium-ion starting batteries

The company's sodium-ion batteries are engineered for durability and cold-temperature performance, addressing weight, cycle-life and low-temperature limitations that AGM batteries face in Northern Europe. CARKU positions the technology as a next-generation alternative for passenger cars, trucks and motorcycles operating in extreme climates.

GAC Overseas Exports Surge 177% in August, Led by Africa Boom

Guangzhou – September 12, 2026 -- GAC Group's overseas exports jumped 177% year-on-year in August to 26,978 units, pushing cumulative exports for the January-August period to 172,008 units, up 136% from the prior year. The Chinese automaker's total overseas exports have now reached nearly 600,000 units.

Africa becomes GAC's fastest-growing overseas market with 881% sales surge

Retail sales in Africa rose 881% year-on-year in August, making it GAC's fastest-expanding market this month. GAC International signed an agreement with Jameel Motors for local vehicle production in Egypt and officially entered the Ghanaian market, launching flagship models including the S7, GS8 and AION V.

Xiamen Forum Launches 12 New Maritime Routes, Arctic AI Weather Service

Xiamen – September 12, 2026 -- The 8th Silk Road Maritime International Cooperation Forum opened in Xiamen, East China's Fujian Province, drawing more than 1,800 representatives from 19 countries and regions to address geopolitical risk and supply chain fragmentation in global shipping.

Forum unveils 12 new shipping routes and 11 signed cooperation projects

Organizers announced 12 new Silk Road Maritime routes, welcomed 15 new association members, and finalized 11 cooperation projects on-site. The Silk Road Maritime network, launched in Fujian in 2018 as the Belt and Road Initiative's first comprehensive maritime logistics platform, now spans 160 shipping routes connecting 153 ports across 50 countries and regions, with 393 members spanning shipping, energy, manufacturing and internet sectors.

TerraPay's Xend Links African Wallets to Alipay+'s 150M Merchants

Dubai, UAE – September 12, 2026 -- TerraPay has partnered with Ant International's Alipay+ to let digital wallet users pay directly at more than 150 million merchants worldwide via QR code, starting with 15 African wallets connected to its Xend interoperability network.

Fifteen African wallets gain instant access to Alipay+'s global merchant base

In the initial rollout, wallet providers linked to Xend, TerraPay's wallet interoperability network, will allow their users to scan QR codes and pay at Alipay+ merchants across the network's footprint, spanning 220 destination markets and more than 10 national payment systems. The deal extends TerraPay's cross-border payment reach beyond account-to-account transfers into in-store, point-of-sale acceptance.

ZeroRisk Raises $10M Series A to Scale Merchant Cyber Risk Platform

Dublin – September 12, 2026 -- ZeroRisk, an Irish cybersecurity firm serving payment providers, has closed a $10 million Series A funding round to accelerate global expansion and deepen deployment across major payment networks.

MiddleGame Ventures leads $10M round with Elkstone participation

The financing was led by MiddleGame Ventures, with existing investor Elkstone also participating. The capital will fund ZeroRisk's international expansion, further product development, and the operational capacity required to deploy its platform across large merchant portfolios.

Accels Launches AI Token Financing Platform, Eyes $2.5T Market

Singapore – September 12, 2026 -- Accels has launched a combined AI infrastructure and financial services platform aimed at businesses building autonomous AI agents, betting that token consumption will replace seats and subscriptions as the core unit of AI economic activity.

Goldman Sachs projects a 24-fold surge in global AI token consumption by 2030

Separate industry forecasts cited by the company put annual token-related spending rising from roughly $200 billion today to as much as $2.5 trillion a year, driven largely by AI agents operating continuously rather than responding to occasional human queries.

IBM, Cleveland Clinic, RIKEN Simulate 12,635-Atom Protein via Quantum

Cleveland – September 12, 2026 -- A research team from Cleveland Clinic, RIKEN and IBM has been named a finalist for the 2026 ACM Gordon Bell Prize after simulating a 12,635-atom protein complex, the largest biologically meaningful molecule ever modeled using quantum computers. The winner will be announced at SC26 in Chicago, running Nov. 15-20, 2026.

Quantum-classical hybrid method scales computation 40-fold in under a year

The team's approach, called quantum-centric supercomputing, combines IBM Quantum Heron processors with classical supercomputers Fugaku and Miyabi-G, operated respectively by RIKEN and a University of Tokyo-University of Tsukuba consortium. The quantum systems executed up to 94 qubits and nearly 6,000 quantum operations on portions of the calculation critical to accuracy, while the classical machines reassembled full molecular representations.

Yutong Launches T14 Premium Coach to Expand European Lineup

Zhengzhou – September 12, 2026 -- Yutong has introduced the T14, a diesel-powered premium coach engineered for the European long-distance travel market, expanding its T-Series product line with a vehicle built around a DAF MX-13 engine, ZF air suspension and Bosch steering systems.

Climate system delivers 36,000 kcal cooling and 38,000 kcal heating capacity

The T14 features an intelligent dual-zone climate control system with independently adjustable temperatures for driver and passenger areas, designed to maintain comfort in both extreme cold and heat. Interior materials meet low-odor standards of no more than 2.5 at 40°C and 3.0 at 80°C, paired with a fresh-air ventilation system.

Caltrans, Granite Construction Fleets Go to Auction Sept. 12

Fresno, Calif. – September 12, 2026 -- Bar None Auction will sell surplus fleet vehicles and heavy construction equipment from the California Department of Transportation (Caltrans) and Granite Construction on Saturday, September 12, through a competitive online public auction based in Sacramento.

Caltrans surplus package includes work trucks and construction equipment

The Caltrans consignment covers work trucks, fleet vehicles and construction equipment, drawn from the agency's Sacramento and Fresno facilities. The offering arrives one week after the Los Angeles Department of Water and Power (LADWP) consigned a significant vehicle and equipment package to Bar None Auction's Fontana facility.

Garg Group Extends Better Home & Finance Board Ouster Deadline to Sept. 18

NEW YORK – September 12, 2026 -- Vishal Garg, founder and former CEO of Better Home & Finance Holding Company, has pushed back the deadline for stockholders to submit written consents to remove five board members to September 18, 2026, citing the need to give recently notified shareholders more time to review solicitation materials.

Garg Group targets five directors for removal

The Garg Group, which includes Vishal Garg and other participants in his solicitation, has filed a definitive consent solicitation statement with the U.S. Securities and Exchange Commission seeking to oust Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar from Better's board. The group states the removals are intended to reverse what it calls value-destructive actions, restore the company's cost transformation strategy, and initiate a search for a long-term CEO.

DoGo Power Enters Mali With Grid-Forming Energy Storage Systems

Bamako – September 12, 2026 -- DoGo Power has officially entered the Malian market, deploying grid-forming energy storage systems (ESS) for commercial and industrial (C&I) users and utility-scale power plants as the country's national electrification rate remains below 50%, dropping under 30% in rural areas.

Diesel supplies more than 80% of Mali's electricity, driving up costs and outages

More than 80% of Mali's power generation currently relies on diesel, a costly fuel source, while frequent blackouts tied to weak grid stability have become a major constraint on local economic development. Mali averages over 3,000 hours of sunshine annually, providing a strong resource base for solar-plus-storage deployment.

CDTL to Unveil Distributed E-Axle, Electromagnetic Brakes at IAA 2026

Hanover – September 12, 2026 -- CDTL will present its EA5000NP distributed electric axle and an electromagnetic braking system for commercial vehicles at IAA Transportation 2026 in Hanover, running from September 15 to 20, with a press day on September 14.

CDTL frames actuation as the missing link for autonomous trucks and buses

Under the theme "Electric Drive + Electromechanical Braking — Defining Actuation Systems for Autonomous Commercial Vehicles," Hangzhou Contemporary e-Drive Technology Co., Ltd. (CDTL) will argue that as commercial vehicles become more electrified, software-controlled and automated, the industry's core challenge has shifted from perception and decision-making to reliably converting digital commands into physical vehicle motion.

Webull Completes $100M Pi Securities Buyout, Targets THB 200bn AUM

Bangkok – September 12, 2026 -- Webull Securities (Thailand) Co., Ltd. has completed its acquisition of approximately 99.36% of Pi Securities Public Company Limited for an aggregate consideration of roughly $100 million, following regulatory approval from Thailand's Securities and Exchange Commission on August 31, 2026.

Webull structures the deal through two separate share purchases

Webull Holdings (Singapore) Pte. Ltd., together with parent Webull Corporation (NASDAQ: BULL), acquired approximately 90.98% of Pi Securities from Country Group Holdings Public Company Limited, the broker's controlling shareholder, for roughly $90 million. A separate agreement with another shareholder added approximately 8.38% for $10 million, bringing Webull's total stake to 99.36%.

Target Hospitality Prices $259M Secondary Offering, Buys Back $30M in Stock

The Woodlands, Texas – September 12, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has priced an upsized secondary offering of 14,000,000 common shares at $18.50 apiece, generating approximately $259 million in gross proceeds for the selling stockholders. The Company itself will not receive any proceeds from the transaction.

TDR Capital-linked entities offload stake through Arrow Holdings and MFA Global

The shares being sold belong to Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. Underwriters have also been granted a 30-day option to purchase up to an additional 2,100,000 shares, which could push total proceeds higher. The offering is expected to close on September 10, 2026, subject to customary conditions.