News

San Diego – September 13, 2026 -- Only 9% of 1,000 C-suite executives surveyed by the Return on AI Institute report realizing significant value from generative AI, a gap Scaled Agile, Inc. (SAI) aims to address at its SAFe & AI Summit San Diego, running September 14-18 at the Gaylord Pacific Resort & Convention Center.

Survey data exposes an operating-model failure, not a technology gap

SAI, provider of the SAFe business agility framework, points to the Return on AI Institute findings as evidence that the barrier to AI ROI is organizational rather than technical. The company argues that enterprises lack the operating models needed to govern AI initiatives and convert pilot projects into measurable business outcomes.

Washington – September 13, 2026 -- Knox Systems, the largest FedRAMP and DISA-managed cloud provider, has launched an Impact Level 5 (IL5) environment sponsored by the U.S. Space Force, opening one of the government's most restrictive security tiers to commercial software and AI vendors.

New IL5 boundary extends Knox's defense cloud footprint held since 2019

The dedicated IL5 landing zone is built as a separate security boundary from Knox's existing FedRAMP High and Impact Level 4 environments for the Department of War (DoW). It is designed to host Controlled Unclassified Information and mission-critical National Security Systems, letting technology firms enter the environment without building and operating a standalone government cloud deployment.

Charlotte, N.C. – September 13, 2026 -- Truist Financial Corp. (NYSE: TFC) has completed full deployment of its AI Call Summaries tool across care centers, generating more than 4.5 million automated call summaries in the second quarter of 2026 alone and now covering over 70% of inbound client interactions.

Generative AI converts client calls into structured summaries within seconds

The technology, live since the third quarter of 2025, automatically documents client conversations, removing manual note-taking from teammate workflows. Truist's average care center call runs more than eight minutes, and the tool is designed to capture key themes, client needs and resolution outcomes in real time.

Indianapolis – September 13, 2026 -- Project Lead The Way (PLTW) has won two categories in the Educators Pick Best of STEM® 2026 Awards, with PLTW Engineering named "Best of STEM: Engineering Education" and PLTW Gateway recognized as "Best of STEM: Hands-on Learning for Middle School."

Judging panel comprises certified science and STEM educators exclusively

The awards program, operated with MCH Strategic Data, the National Science Teaching Association (NSTA), and the National Association of Biology Teachers (NABT), is the only STEM education awards initiative judged entirely by certified classroom teachers, specialists, and district leaders. Entries undergo rigorous evaluation for classroom suitability before recognition.

Montreal – September 13, 2026 -- Onix, the Montreal-based startup behind what it calls Personal Intelligence, has closed $5 million USD (roughly $7 million CAD) in pre-seed funding led by Los Angeles-based Alpha Edison, with participation from Garage Capital, Ride Home Fund, and strategic backers Jeremy Zimmer, co-founder of UTA, and JS Cournoyer, co-founder of Real Ventures.

Round size dwarfs typical Canadian pre-seed deals

According to the Canadian Venture Capital and Private Equity Association, the raise is more than seven times the average Canadian pre-seed deal recorded in 2025 and exceeds the average Canadian seed round. U.S. investor participation in Canadian pre-seed deals fell from 23% in 2024 to 8% in 2025, making Alpha Edison's lead investment in a Canadian company a departure from that broader retreat.

Las Vegas – September 13, 2026 -- Cavco Industries sold 20,842 factory-built homes in fiscal 2026, up from 19,753 the prior year and 16,928 two years earlier, as affordability pressure pushes buyers toward manufactured housing.

Champion Homes posts $2.7 billion in fiscal 2026 net sales, up 7.3%

Champion Homes reported fiscal 2026 net sales of $2.7 billion, a 7.3% increase, with U.S. homes selling at an average price of roughly $99,300 in the preceding quarter. Chief Executive Officer Tim Larson credited the results to unmet demand from affordability-constrained buyers and a differentiated channel strategy across the company's brand portfolio, including the recent acquisition of Iseman Homes.

Saddle Brook, N.J. – September 13, 2026 -- Arrow Tool Group has signed on as a Diamond Sponsor for the 2026 U.S. Capitol Christmas Tree, committing tools, equipment and public relations support to move the tree from Idaho's Nez Perce-Clearwater National Forests to the West Lawn of the U.S. Capitol.

Arrow supplies tools and holiday kits for the cross-country tree tour

The New Jersey-based manufacturer, founded in 1929, will provide tools and equipment to the Capitol Christmas Tree team, donate holiday tool kits, and support public relations efforts aimed at community engagement along the tree's route. The partnership operates in collaboration with the U.S. Forest Service and the Society of American Foresters.

Austin, Texas – – September 13, 2026 -- Moment Energy has become the first battery energy storage system (BESS) provider in North America to secure third-party verified non-Prohibited Foreign Entity (non-PFE) status and full Foreign Entity of Concern (FEOC) compliance, the company announced. A Top 10 U.S. law firm conducted the independent review, examining Moment Energy's corporate ownership, effective control and debt financing structure.

Independent legal review confirms compliance status ahead of tightening federal rules

The verification arrives as the One Big Beautiful Bill Act has significantly raised FEOC and PFE requirements for companies seeking federal Investment Tax Credits (ITC). The U.S. Treasury has issued interim guidance through Notice 2026-15 to help taxpayers interpret the new rules, with further clarification expected as implementation proceeds.

Atlanta – September 13, 2026 -- Middle-market M&A buyers are tightening acquisition criteria even as deal activity persists, with recurring revenue, cash conversion and AI exposure now central to valuation decisions, according to Bennett Thrasher, an Atlanta-based accounting and advisory firm.

The firm's Transaction Advisory Services practice, which supports deals ranging from $20 million to $250 million in enterprise value, identified five trends driving buyer behavior in the current cycle.

Kirkland – September 13, 2026 -- MacroHealth, a marketplace platform connecting healthcare payers and plan administrators with vendor partners, has appointed Erica Tingley as Chief Financial Officer to oversee financial and operational scaling as the company expands its service categories.

Tingley brings 25 years of healthcare finance experience to the CFO role

Tingley's background spans investment banking, mergers and acquisitions, corporate finance and operations. She most recently served as President and CFO of Knowtion Health, a revenue cycle management partner to health systems, where she managed both financial strategy and solution delivery. Before that role, she was COO and CFO of Bluesight, where she worked on driving consistent, profitable growth. Earlier in her career, she held positions at The Advisory Board Company and Bank of America Merrill Lynch.