News

New York – October 01, 2026 -- Kyndryl (NYSE: KD) found that 98% of organizations that delayed technology modernization experienced negative business impacts, according to the company's first global Modernization Report released today. The study, based on responses from 2,000 business and technology leaders across five continents and 12 industries, shows nearly half of organizations are behind schedule on modernization goals even as AI adoption becomes the dominant investment driver.

Armonk, N.Y. – October 01, 2026 -- IBM has launched a self-hosted deployment option for Bob, its agentic software development platform, allowing enterprises to run AI-powered coding and modernization tools entirely within on-premises, private-cloud, sovereign-cloud, or air-gapped infrastructure.

IBM ties the launch to a shift away from public cloud AI deployment

Futurum Research projects hybrid and edge deployments will account for 44% of the AI infrastructure market by 2030, while public cloud share is expected to fall to 46% over the same period, as organizations prioritize sovereign control alongside ecosystem connectivity.

Singapore – September 30, 2026 -- Emerald Clinical Trials has appointed Michael Stibilj as Chief Executive Officer, effective October 1, 2026, tasking the 30-year CRO veteran with leading the next phase of growth for a platform that now spans more than 1,000 professionals across 40-plus countries and 70-plus locations.

Stibilj joins from six years as Chief Operating Officer at Novotech

Before Novotech, Stibilj served three years as CEO of PPC Group and spent 22 years at IQVIA in regional and global leadership roles, with operational experience across China, Singapore and Australia.

Appointment follows the acquisition of Hongyi Clinical Development Services

The deal combined Emerald with Hongyi to create a clinical development platform supporting sponsors from first-in-human trials through post-marketing across China, Asia-Pacific, Europe and the Americas.

Sydney – September 30, 2026 -- IMG (International Medical Group) has completed its acquisition of World Nomads, a deal first announced in February 2026, extending its travel insurance distribution network across seven major markets.

Deal expands IMG's footprint into US, UK, EU, Australia, New Zealand, Brazil and Canada

The combined entity will now distribute travel protection and assistance products across these markets, reaching travelers from more than 100 countries who previously relied on World Nomads' specialized adventure travel coverage.

Tokyo – September 30, 2026 -- TIER IV, the developer behind the open-source autonomous driving software Autoware, has joined Arm Total Design for Physical AI, a move aimed at expanding Autoware's availability across Arm-based system-on-chips and in-vehicle computing platforms.

TIER IV extends its Arm partnership beyond Open AD Kit

The announcement builds on TIER IV's existing collaboration with Arm through Open AD Kit, an open framework within the Autoware Foundation ecosystem designed to simplify deployment of Autoware across computing platforms. The partnership was demonstrated publicly at CES 2026, where Open AD Kit ran on Arm-based computing platforms.

Seoul – September 30, 2026 -- LG Energy Solution has signed a non-binding memorandum of understanding with U.S. commercial EV startup indiGOtech to supply 46-series NCM cylindrical battery cells from 2027 to 2030, targeting indiGOtech's upcoming Flow Ride and Flow Cargo electric vans.

Deal targets commercial van platforms for logistics and ride-hailing

indiGOtech, headquartered in Woburn, Massachusetts, builds an integrated ecosystem combining electric commercial vans, charging infrastructure, and digital fleet services for the North American market. The battery supply agreement would underpin the company's Flow Ride and Flow Cargo vehicle lines, aimed at last-mile delivery, logistics, and ride-hailing fleets.

Alpharetta, Ga. – September 30, 2026 -- Mynd.ai, Inc. (NYSE American: MYND) said its subsidiary Promethean has launched an AI Companion for its Explain Everything app, using on-device artificial intelligence through Apple Intelligence to let educators convert classroom content into teaching materials within seconds.

AI Companion generates lesson materials directly on compatible Apple devices

Available now on devices running iPadOS 27 or iOS 27 with Apple Intelligence enabled, the tool lets teachers select text, images or drawings on an Explain Everything page and generate lesson plans, quizzes, vocabulary lists and suggested activities. Output appears directly within the Explain Everything canvas, eliminating the need to switch between platforms.

Las Vegas – September 30, 2026 -- bolttech and Bold Penguin have entered a global strategic partnership to build a combined commercial and personal lines insurance distribution offering spanning the U.S., Europe and Asia.

Two AI-enabled platforms merge complementary distribution networks

bolttech, an insurtech operating in 39 countries across four continents, will integrate its personal and commercial lines protection services, AI-enabled workflows and global distribution expertise with Bold Penguin's commercial-lines digital exchange and carrier network. Bold Penguin brings its DeX ai data and AI services platform along with an integrated commercial carrier network exclusively focused on commercial insurance.

Los Angeles – September 30, 2026 -- CometAPI now routes access to more than 500 AI models through a single OpenAI-compatible API key, serving over 10,000 active developers with average response times under 400 milliseconds and a 99.9% uptime target.

Platform consolidates fragmented model access into one credential

As AI teams increasingly rely on multiple large language models, image generators, video systems and audio tools, each provider typically requires separate registrations, SDKs, billing dashboards and authentication methods. CometAPI CEO Lee Sonic said he built the platform after becoming frustrated with these fragmented integration requirements while testing different AI models as a developer. The company positions itself not as a simple API aggregator but as an infrastructure layer that absorbs model complexity rather than passing it to application developers.

Dallas – September 30, 2026 -- The U.S. Department of Commerce and the Republic of Korea have selected Related Companies and NextEra Energy Resources, working with Lewis Energy Group, to build Project Star, a $22-billion-plus energy campus in Encinal, Texas, delivering 6.47 gigawatts (GW) of natural gas-fired generation.

Gas plant will directly power a 5 GW data center campus next door

At full scale, the generation facility will supply a privately funded 5 GW data center campus under development by Related Digital on an adjacent site, with surplus capacity fed back into the grid. The structure aligns with Texas Governor Greg Abbott's mandate that data center developers bring their own generation onto the ERCOT system rather than draw solely on existing utility supply.