title: China's YMTC Plans Two New Wuhan Factories to Double NAND Output

description: Chinese memory chipmaker Yangtze Memory Technologies Co. plans two new factories in Wuhan to more than double its NAND flash production capacity. Each facility aims to produce 100,000 wafers monthly, expanding YMTC's global market share despite escalating US-China trade restrictions and export controls on advanced semiconductor goods.

region: East Asia

country: China

time_horizon: years

Advanced Micro Fabrication Inc

name_eodhd: Advanced Micro Fabrication Inc

name_figi: ADVANCED MICRO-FABRICATION-A

name_kgid: Advanced Micro-Fabrication Equipment

name_orig: Advanced Micro Fabrication Inc

level_3: manufacturing and engineering

level_3: computing and information technology

level_2: business enterprise

level_3: small and medium enterprise

label: Current Events

label: Update

label: Music

industry: Semiconductors & Semiconductor Equipment

sub_industry: Semiconductors

sub_industry: Semiconductor Materials & Equipment

industry: Technology Hardware, Storage & Peripherals

category: Business Operations

subcategory: Human Resources

event: Workforce Expanded

event: Recycling Program Launched

subcategory: Product Quality

event: Product Recall Expanded

context: technology

context: economic

event: MOBILIZE

tactic: Initial Access

technique: Supply Chain Compromise

subtechnique: Compromise Hardware Supply Chain

technique: Communication Through Removable Media

technique: Disk Wipe

subtechnique: Disk Content Wipe

block: Health Devices, Equipment and Supplies

chapter: Supplementary Chapter Traditional Medicine Conditions

chapter: Codes for special purposes

block: International provisional assignment of new diseases of uncertain aetiology and emergency use

sport: wushu

sport: backstroke (retired)

sport: synchronised technical routine

label: Hackathon

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tier_3: Manufacturing Industry

tier_4: Manufacturing Industry

tier_3: Technology Industry

tier_4: Technology Industry

tier_2: Technology & Computing

tier_3: Technology & Computing

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sub_class: Industrial Metals

sub_class: Agriculture

goal: Industry, Innovation and Infrastructure

goal: Responsible Consumption and Production

title: China's YMTC Plans Two More Chip Factories to More Than Double NAND Flash Capacity

description: Chinese chipmaker YMTC (Yangtze Memory Technologies Corp) is planning to build two additional NAND flash memory factories on top of the facility already set to complete in 2026 — a move that would more than double its production capacity.

snippets: The new factories in Wuhan, will more than double YMTC's current output, with each plant set to make 100,000 wafers a month. YMTC is also teaming up more with local suppliers and allocating some capacity in all three new plants to DRAM production. Already holding nearly 12% of the global NAND flash market, they are now testing out new DRAM chips to see what clients think before going big on production.

snippets: YMTC, one of many Chinese companies that the U.S. restricts sales of goods to, did not respond to a request for comment. STRONGER TIES WITH DOMESTIC SUPPLIERS YMTC's third factory, which like its first two plants is located in Wuhan, should start operations late this year and be capable of producing 50,000 wafers per month by 2027, according to two of the sources.

title: YMTC plans new chip factories to double production capacity- Reuters

snippets: China has sought to reduce dependence on foreign technologies in the semiconductor sector. This month, a cross-party group of U.S. politicians proposed imposing additional restrictions on exports of chipmaking tools to China.

title: China's YMTC is reportedly aiming to more than double its wafer production, which could eventually help put cheap gaming...

description: Paying over $160 for a basic 1 TB drive at the moment just feels like a fever dream.

snippets: One of China's largest chip manufacturers has apparently made plans to build two additional new foundries to the one already under construction. Once all are operational, it's claimed that the firm's wafer output will more than double, which could potentially make it one of the world's largest makers of NAND flash memory chips.

snippets: YMTC is apparently also considering dedicating some of the increased wafer production towards the manufacturing of LPDDR, as used in phones, tablets, and some laptops, but even if it does, the DRAM market is utterly dominated by Samsung, SK hynix, and Micron.

snippets: So far, YMTC operates two semiconductor plants in Wuhan, China, which are said to process a total of 160,000 to 200,000 silicon wafers per month. According to the news agency Reuters and Chosun, YMTC recently completed a third semiconductor plant. However, it will likely take more than six months for all machines to arrive and mass production to start. From 2027, 50,000 wafers per month are expected to roll off the production line there.

description: 2026-04-14 10:21:00 One of China&amp#8217;s largest chip manufacturers has apparently made plans to build two additional new foundries to the one already under construction. Once all are operational, it&amp#8217;s claimed that the firm&amp#8217;s wafer output will more than double, which could potentially make it one of the world&amp#8217;s largest makers of NAND flash memory [&amphellip;]

title: Exclusive-Chinese chipmaker YMTC plans new factories amid heightened US-Sino trade tensions, sources say

description: Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this year, which will more...

description: Chinese chipmaker Yangtze Memory Technologies aims to build two more factories in addition to one that will be completed this year, which will more than double its production capacity when all three...

description: Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this...

description: China has been keen to wean itself from foreign technologies such as semiconductors - a critical sector that the U.S. has sought to limit Chinese advancements

snippets: China has been keen to wean itself from foreign technologies such as semiconductors – a critical sector that the U.S. has sought to limit Chinese advancements in. This month, a cross-party group of U.S. politicians proposed imposing further restrictions nL6N40M0EZ on exports of chipmaking…

description: China has been eager to wean itself from overseas applied sciences reminiscent of semiconductors - a crucial sector that the U.S. has sought to restrict

snippets: The three new vegetation will every have the capability to provide 100,000 wafers per 30 days when absolutely operational, stated three sources who weren't authorised to talk to media and declined to be recognized.

title: SSDs: YMTC from China apparently wants to double memory production

description: A new semiconductor plant is apparently nearing completion, and two more are planned. YMTC apparently has big plans.

snippets: China's Yangtze Memory Technologies Co. (YMTC) is reportedly planning three new factories, even though US trade restrictions have made things tricky since 2022. The company is aiming to ramp up production and keep growing, despite being cut off from some American tech.

title: China's premiere memory-maker YMTC plans two additional Wuhan fabs using homegrown chipmaking tools — Phase 3 crosses 50%...

description: Chinese NAND leader's third fab sources more than half its equipment from domestic suppliers.

snippets: YMTC held 11.8% of the global NAND market in 2025, according to a UBS report cited by Reuters, tied with SanDisk and trailing SK hynix at 16%, Kioxia at 15.9%, and Micron at 13.3%. Samsung leads at 30.4%. Yole Group projects YMTC's share could reach 15% by 2028, two years later than its 2026 goal. Its current Xtacking 4.0 architecture runs at c. 270 layers, behind SK hynix's 4D NAND flash at 321 and Samsung's 9th-gen V-NAND at 286.

description: Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this year, which will more than double its production capacity when all three are up and running, people familiar with the plans said. China has been...

description: Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this year, which will more than double its production capacity when all three are up and running, people familiar with the plans said. China has been keen to wean itself from […]

description: Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this year, which will more than double its production capacity when all three are up and running, peopl...

title: Chinese Chipmaker YMTC Ramps Up Expansion with New Factories Amid Escalating US-China Trade Tensions – The Globe

description: Chinese memory chip manufacturer Yangtze Memory Technologies Co. (YMTC) is set to expand its production capacity with plans for new factories, according to sources familiar with the matter. The move comes as US-China trade relations remain strained, with the Biden administration imposing tighter restrictions on semiconductor technology transfers to China.

title: One of China's biggest SSD chip makers is planning to more than double in size

description: Shame it will take quite a few years to happen.

title: China's YMTC eyes expansion with two new chip plants

snippets: A cross-party group of US lawmakers recently proposed further tightening export controls on chipmaking equipment destined for China, highlighting the geopolitical backdrop to YMTC's expansion strategy.


title: SpaceX Falcon 9 Launches 29 Starlink Satellites from Florida

description: SpaceX successfully launched a Falcon 9 rocket carrying 29 Starlink broadband satellites into low-Earth orbit. The mission, designated Starlink 10-24, lifted off at 5:33 a.m. from Launch Complex 40 at Cape Canaveral Space Force Station. This launch expands the global Starlink internet constellation, continuing the company's rapid deployment schedule for satellite broadband services.

continent: North America

region: North America

country: United States

source: llm

sentiment: positive

materiality: high

time_horizon: intraday

forward_looking: not-forward

name: Space Exploration Technologies Corp. Class A Common Stock

wiki_page: SpaceX

name_kgid: Space Exploration Technologies Corp.

name_lei: SPACE EXPLORATION TECHNOLOGIES CORP.

name_wiki: SpaceX

ticker_wiki: SPCX

ticker_serp: SPCX

level_1: economy, business and finance

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level_1: science and technology

level_2: technology and engineering

level_3: aerospace engineering

level_1: sport

level_2: competition discipline

level_3: sky diving

label: Forecast

label: Press Release

sector: Communication Services

industry_group: Media & Entertainment

industry: Media

sub_industry: Cable & Satellite

industry_group: Telecommunication Services

industry: Diversified Telecommunication Services

sub_industry: Alternative Carriers

sector: Industrials

industry_group: Capital Goods

industry: Aerospace & Defense

sub_industry: Aerospace & Defense

subcategory: Products and Services

event: New Service Launched

event: New Product Launched

category: Competitive Dynamics

subcategory: Competitive Landscape

event: Competitor Launched Rival Product

context: technology

context: military

mode: weapons

disaster_group: Natural

disaster_subgroup: Extra-terrestrial

disaster_type: Space weather

disaster_subgroup: Meteorological

disaster_type: Storm

disaster_type: Impact

tactic: Command and Control

technique: Fallback Channels

tactic: Resource Development

technique: Stage Capabilities

technique: Dynamic Resolution

subtechnique: Fast Flux DNS

chapter: Diseases of the visual system

block: Disorders of the ocular adnexa or orbit

chapter: Diseases of the digestive system

block: Diseases of anal canal

chapter: Extension Codes

block: Topology Scale Value

sport: sky diving

sport: crossbow shooting

sport: flying disc

label: BroadcastEvent

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label: Event

label: Economic Consequences

label: Conflict

label: Responsibility

label: surprise

label: happiness

label: anger

tier_1: Science

tier_2: Space and Astronomy

tier_3: Space and Astronomy

tier_4: Space and Astronomy

tier_1: Business and Finance

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tier_3: Startups

tier_4: Startups

tier_2: Industries

tier_3: Telecommunications Industry

tier_4: Telecommunications Industry

main_class: Alternative Investments

sub_class: Venture Capital

main_class: Digital Assets

sub_class: Stablecoins

title: SpaceX launches Starlink 10-24 mission from Cape Canaveral, Florida

description: SpaceX launches Falcon 9 rocket at 5:33 a.m. Tuesday, April 14, on Starlink 10-24 mission from Cape Canaveral Space Force Station in Florida.

snippets: Launch of a SpaceX Falcon 9 rocket carrying29 Starlink broadband satellites. The rocket launched at 5:33 a.m. EDT on Tuesday, April 14th from Launch Complex 40 at Cape Canaveral Space Force Station. The rocket contail had the jellyfish effect.

snippets: The Falcon 9 lifted off the pad at 5:33 a.m. at Launch Complex 40 at Cape Canaveral Space Force Station. After ascending to the northeast, the rocket deployed 29 Starlink broadband satellites into low-Earth orbit.

snippets: SpaceX plans to launch a Falcon 9 rocket carrying 29 Starlink broadband satellites into low-Earth orbit very early morning on April 14.

title: See photos of SpaceX rocket launching 29 Starlink satellites from Florida

description: FLORIDA TODAY photographers captured a gallery of images of the SpaceX Falcon 9 rocket streaking skyward above Brevard County.

snippets: A Federal Aviation Administration operations plan advisory shows the primary launch window will open from 6:45 a.m. to 12:19 p.m. Friday, but Blue Origin has yet to make an announcement. The rocket will lift off from Launch Complex 36 at Cape Canaveral Space Force Station. FLORIDA TODAY's Space Team will provide live coverage starting two hours before liftoff at floridatoday.com/space.

snippets: It's time for yet another California rocket launch today. SpaceX is gearing up to get its Falcon 9 rocket off the ground for the third time in April from the Vandenberg Space Force Base in Santa Barbara County. And as expected, the two-stage rocket will help deliver another batch of the company's Starlink broadband internet satellites to Earth orbit.

snippets: SpaceX, which bills itself as the only satellite internet provider with its own reusable rocket capable of deploying the technology, has spent years delivering the satellites to orbit with a regular cadence of rocket launches from Florida and California.


title: P&G y OMP lideran planificación autónoma en Gartner Supply Chain Symposium

description: En el Gartner Supply Chain Symposium/Xpo celebrado en Madrid, OMP y P&G presentaron casos de éxito sobre planificación autónoma impulsada por IA. La empresa demostró cómo acelerar la toma de decisiones a escala mediante tecnología avanzada, invitando a otras organizaciones como AstraZeneca a replicar este modelo de eficiencia operativa en la cadena de suministro global.

continent: Europe

region: Western Europe

country: Spain

Procter & Gamble Company

name_eodhd: Procter & Gamble Company

name_kgid: Procter & Gamble

name_lei: THE PROCTER & GAMBLE COMPANY

name_orig: Procter & Gamble Company

name_wiki: Procter & Gamble

ticker_wiki: PG

ticker_serp: PG

Gartner Inc

wiki_page: Gartner

name_eodhd: Gartner Inc

name_kgid: Gartner

name_lei: GARTNER, INC.

name_orig: Gartner Inc

name_wiki: Gartner

ticker_wiki: IT

ticker_serp: IT

level_2: business information

level_3: business strategy and marketing

level_2: products and services

level_3: consumer goods

level_3: padel

label: Advertiser Supplied

label: Curtain Raiser

label: Press-Digest

sector: Consumer Discretionary

industry_group: Automobiles & Components

industry: Automobile Components

sub_industry: Automotive Parts & Equipment

industry: Machinery

sub_industry: Industrial Machinery & Supplies & Components

industry_group: Commercial  & Professional Services

industry: Professional Services

sub_industry: Data Processing & Outsourced Services

subcategory: Sales Efforts

event: Major Partnership Announced

subcategory: Disruptions

event: Supply Chain Disruption

category: Sustainability

subcategory: Environmental

context: technology

event: REQUEST

mode: assist

disaster_group: Technological

disaster_subgroup: Industrial accident

disaster_type: Explosion (Industrial)

disaster_type: Collapse (Industrial)

disaster_type: Fog

tactic: Discovery

technique: Group Policy Discovery

tactic: Reconnaissance

technique: Gather Victim Org Information

subtechnique: Identify Business Tempo

chapter: Diseases of the nervous system

block: Disorders of autonomic nervous system

block: Functional gastrointestinal disorders

sport: padel

event_type: Olympic Games

sport: motoGP (retired)

label: BusinessEvent

tier_3: Business Operations

tier_4: Business Operations

tier_3: Logistics

tier_4: Logistics

description: El camino de P&G hacia una planificación autónoma y centrada en decisiones a escala Daniela Cima, vicepresidenta sénior de One Supply Transformation, y Renato Scaini, vicepresidente de Transformación de Plataforma de Cadena de Suministro y Planificación IT, compartirán cómo P&G está redefiniendo cómo se ve en la práctica la planificación autónoma y centrada en decisiones.

snippets: Madrid, 14 de abril de 2026.- OMP, líder en planificación de la cadena de suministro impulsada por IA, llevará a Procter & Gamble al Gartner Supply Chain Symposium/Xpo™ 2026 en Orlando para presentar su transformación hacia una cadena de suministro autónoma. El gigante de bienes de consumo compartirá cómo está desarrollando capacidades, mejorando las bases de datos y rediseñando operaciones en torno a la calidad de la toma de decisiones con Unison Planning™ de OMP.

snippets: Explorar la velocidad de decisión en el stand de OMP OMP estará presente durante todo el Gartner Supply Chain Symposium/Xpo™ (del 5 al 7 de mayo, Orlando) en el stand 322, demostrando cómo Unison Planning™ ayuda a las organizaciones a ir más allá de la planificación basada en calendarios hacia una orquestación continua de la cadena de suministro.

description: Cómo la velocidad de decisión está cerrando la brecha entre el conocimiento y la acción en una de las...

description: Cómo la velocidad de decisión está cerrando la brecha entre el conocimiento y la acción en una de las cadenas de valor más complejas del mundo OMP, líder en planificación de la cadena de suministro impulsada por IA, llevará a Procter & Gamble al Gartner Supply Chain Symposium/Xpo™ 2026 en Orlando para presentar su transformación...

snippets: OMP invita a unirse en Gartner para conocer de primera mano los casos de P&G y AstraZeneca y descubrir cómo acelerar su camino hacia decisiones de cadena de suministro más inteligentes y rápidas. Resumen de la sesión Título: "OMP: Cómo P&G está liderando la próxima era de la orquestación autónoma de la cadena de suministro" Ponentes: Cuándo: martes, 5 de mayo de 2026, 11:30 - 12:00 Dónde: Walt Disney World Swan and Dolphin Resort, Orlando, Florida Para ver dónde es posible reunirse con OMP próximamente,

description: How decision velocity is closing the gap between insight and action across one of the world's most complex value chains ATLANTA, GA / ACCESS Newswire / 14 de...

description: Cómo la velocidad de decisión está cerrando la brecha entre el conocimiento y la acción en una de las cadenas de valor más complejas del mundo OMP, líder en planificación de la cadena de suministro impulsada por IA, llevará a Procter & Gamble al Gartner Supply Chain Symposium/Xpo™ 2026 en Orlando para presentar su transformación hacia una cadena de suministro autónoma.

description: Cómo la velocidad de decisión está cerrando la brecha entre el conocimiento y la acción...

title: P&G y OMP muestran el camino hacia una planificación autónoma en Gartner Supply Chain Symposium/Xpo 2026 – informadornorte.com

title: P&G y OMP muestran el camino hacia una planificación autónoma en Gartner Supply Chain Symposium/Xpo 2026 – elboletinmexicano.com


title: Wellgistics y Kare PharmTech lanzan joint venture para distribución farmacéutica

description: Wellgistics Health y Kare PharmTech han establecido una joint venture estratégica para expandir su acceso al mercado farmacéutico. Esta alianza integra la tecnología Wellgistics Hub, incluyendo las plataformas EinsteinRx y HubRx AI, con el objetivo de optimizar la distribución y mejorar la eficiencia operativa en el sector de la salud. La colaboración refleja el compromiso de ambas empresas con la innovación tecnológica sanitaria.

time_horizon: months

forward_looking: forward

Wellgistics Health, Inc. Common Stock

name_eodhd: Wellgistics Health, Inc. Common Stock

name_kgid: Wellgistics LLC

name_orig: Wellgistics Health, Inc. Common Stock

ticker_serp: WGRX

level_3: healthcare industry

level_3: agricultural technology

level_1: health

level_2: health treatment and procedure

level_3: health care approach

sector: Health Care

industry_group: Health Care Equipment & Services

industry: Health Care Providers & Services

sub_industry: Health Care Distributors

industry: Health Care Technology

sub_industry: Health Care Technology

sector: Consumer Staples

industry_group: Consumer Staples Distribution & Retail

industry: Consumer Staples Distribution & Retail

sub_industry: Drug Retail

event: Channel Partnership Signed

event: Distribution Deal Signed

context: health

context: technology

event: COOPERATE

disaster_type: Chemical spill

subtechnique: Business Relationships

technique: Phishing for Information

subtechnique: Spearphishing Service

tactic: Collection

technique: Data from Information Repositories

subtechnique: Customer Relationship Management Software

block: Hydantoin derivatives

block: Benzothiadiazine derivatives

sport: Jai Alai (Pelota)

sport: welterweight (boxing) (retired)

label: Hackathon

label: Human Interest

tier_3: Pharmaceutical Industry

tier_4: Pharmaceutical Industry

tier_3: Healthcare Industry

tier_4: Healthcare Industry

sub_class: Private Equity

main_class: Real Assets

sub_class: Real Estate

goal: Good Health and Well-Being

description: La alianza combina las tecnologías y operaciones de Wellgistics Hub y KareRx Hub para acelerar...

snippets: Prashant Patel, director ejecutivo de Wellgistics Health, comentó: «Esta joint venture refleja nuestro enfoque continuo en construir una plataforma integrada habilitada por tecnología para mejorar la coordinación en todo el recorrido de la prescripción y apoyar el acceso de los pacientes a las terapias.

snippets: Esta joint venture nos permite ampliar esas capacidades aprovechando la pila tecnológica de Wellgistics, su experiencia farmacéutica y su infraestructura operativa. Creemos que la plataforma combinada apoyará una mejor conectividad entre actores y facilitará el acceso a terapias dentro de las redes participantes".

snippets: La colaboración refuerza además los modelos de atención directa al paciente (DTP) y atención descentralizada, proporcionando a los fabricantes farmacéuticos una plataforma integral que integra acceso, asequibilidad y dispensación en una única solución. Aprovechando insights impulsados por IA y una columna operativa totalmente integrada, la joint venture está diseñada para reducir barreras en el inicio de terapias,

description: La alianza combina las tecnologías y operaciones de Wellgistics Hub y KareRx Hub para acelerar el acceso farmacéutico, la dispensación y la comercialización, con alcance potencial a más de 200.000 pacientes en redes de farmacias y proveedores Wellgistics Health, Inc. (NASDAQ:WGRX) ("Wellgistics" o la "Compañía"), una empresa líder en tecnología sanitaria y distribución farmacéutica, anunció...

snippets: Este joint venture refleja nuestro enfoque continuo en construir una plataforma integrada y habilitada por tecnología para mejorar la coordinación a lo largo del proceso de prescripción y apoyar el acceso de los pacientes a las terapias", dijo Prashant Patel, Director Ejecutivo de Wellgistics Health.

snippets: Prashant Patel, director ejecutivo de Wellgistics Health, comentó: "Esta joint venture refleja nuestro enfoque continuo en construir una plataforma integrada habilitada por tecnología para mejorar la coordinación en todo el recorrido de la prescripción y apoyar el acceso de los pacientes a las terapias.

snippets: Wellgistics Health, Inc. (NASDAQ:WGRX) ("Wellgistics" o la "Compañía"), una empresa líder en tecnología sanitaria y distribución farmacéutica, anunció hoy la ejecución de un acuerdo definitivo de joint venture con Kare Rx Hub, LLC ("KareRx"), filial propiedad al 100 % de Kare PharmTech, un hub digital impulsado por inteligencia artificial (IA) que da soporte a programas de farmacia minorista, telemedicina y farmacéuticos especializados.

description: La alianza combina las tecnologías y operaciones de Wellgistics Hub y KareRx Hub para acelerar el acceso farmacéutico, la dispensación y la comercialización, con alcance potencial a más de 200.000 pacientes en redes de farmacias y proveedores Wellgistics Health, Inc. (NASDAQ:WGRX) ("Wellgistics" o la "Compañía"), una empresa líder en tecnología sanitaria y distribución farmacéutica, anunció […]

snippets: Wellgistics Health, Inc. (NASDAQ:WGRX) («Wellgistics» o la «Compañía»), una empresa líder en tecnología sanitaria y distribución farmacéutica, anunció hoy la ejecución de un acuerdo definitivo de joint venture con Kare Rx Hub, LLC («KareRx»), filial propiedad al 100 % de Kare PharmTech, un hub digital impulsado por inteligencia artificial (IA) que da soporte a programas de farmacia minorista, telemedicina y farmacéuticos especializados.

title: Wellgistics Health y Kare PharmTech ejecutan una joint venture para acceder a más de 200.000 pacientes – noticiassalud.es

title: Revista FactorRH - Wellgistics Health y Kare PharmTech ejecutan joint venture

description: Wellgistics Health, una empresa líder en tecnología sanitaria y distribución farmacéutica, anunció hoy la ejecución de un acuerdo definitivo de joint venture con Kare Rx Hub, filial propiedad al 100% de Kare PharmTech, un hub digital impulsado por inteligencia artificial (IA) que da soporte a programas de farmacia minorista, telemedicina y farmacéuticos especializados.

title: Wellgistics Health y Kare PharmTech ejecutan una joint venture para acceder a más de 200.000 pacientes – informadornorte.com

title: Wellgistics Health y Kare PharmTech ejecutan una joint venture para acceder a más de 200.000 pacientes – lavozdelpacifico.com

snippets: Cómo la velocidad de decisión está cerrando la brecha entre el conocimiento y la acción en una de las cadenas de valor más complejas del mundo OMP, líder en planificación de la cadena de suministro impulsada por IA, llevará a Procter & Gamble al Gartner Supply Chain Symposium/Xpo™ 2026 en Orlando para presentar su transformación hacia una cadena de suministro autónoma.

title: Wellgistics Health y Kare PharmTech ejecutan una joint venture para acceder a más de 200.000 pacientes – elboletinmexicano.com

title: Wellgistics forma joint venture con KareRx Hub para distribución farmacéutica

snippets: El joint venture integra la tecnología Wellgistics Hub, incluyendo las plataformas EinsteinRx y HubRx AI, con la infraestructura de hub digital de KareRx. La plataforma combinada está diseñada para agilizar el procesamiento de recetas desde la recepción hasta el cumplimiento, según un comunicado de prensa.


title: NVIDIA Launches Open Ising AI Models for Quantum Computing

description: NVIDIA unveiled the world's first open AI models named Ising to accelerate practical quantum computing. These models help developers build fault-tolerant systems while maintaining data control. The initiative includes quantum workflows and training data to reduce calibration needs. This move aims to make quantum technology factory-ready and scalable for real-world applications.

NVIDIA Corporation

name_eodhd: NVIDIA Corporation

name_kgid: Nvidia

name_lei: NVIDIA CORPORATION

name_orig: NVIDIA Corporation

name_wiki: Nvidia

ticker_wiki: NVDA

ticker_serp: NVDA

Quantum Computing Inc

name_eodhd: Quantum Computing Inc

name_kgid: Quantum Computing Inc

name_orig: Quantum Computing Inc

name_wiki: Quantum Computing Inc

ticker_serp: QUBT

level_2: scientific research

level_3: scientific innovation

level_3: information technology and computer science

label: Forecast

sector: Information Technology

industry_group: Semiconductors & Semiconductor Equipment

industry_group: Software & Services

industry: IT Services

sub_industry: Internet Services & Infrastructure

industry: Software

sub_industry: Systems Software

category: Capital Markets

subcategory: IPO

event: Initial Public Offering Filed

context: technology

context: intelligence

disaster_type: Fire (Industrial)

disaster_subgroup: Geophysical

disaster_type: Earthquake

technique: Obtain Capabilities

subtechnique: Artificial Intelligence

tactic: Defense Evasion

technique: Weaken Encryption

subtechnique: Disable Crypto Hardware

technique: System Information Discovery

chapter: Diseases of the circulatory system

block: Ischaemic heart diseases

chapter: Mental, behavioural or neurodevelopmental disorders

block: Neurodevelopmental disorders

sport: Indy Racing (retired)

sport: chess

sport: pool

label: ConferenceEvent

label: CourseInstance

tier_1: Technology & Computing

tier_2: Artificial Intelligence

tier_3: Artificial Intelligence

tier_4: Artificial Intelligence

tier_2: Computing

tier_3: Computing

tier_4: Computing

tier_2: Physics

tier_3: Physics

tier_4: Physics

sub_class: Tokenised Securities

title: IQM Quantum Computers Advances Ai-Driven Agentic Calibration with NVIDIA Ising

description: IQM Quantum Computers announced AI-driven agentic calibration, an automated approach to tuning quantum systems with NVIDIA Ising. IQM demonstrates how agentic calibration removes manual bottlenecks,...

snippets: shifting the operational burden from human expertise to intelligent automation, and making quantum ownership viable for institutions that cannot recruit from a talent pool that barely exists yet. As governments and enterprises race to build AI factories ? integrated facilities combining classical HPC, accelerated computing, and increasingly, quantum processing ?

snippets: Aktien » Nachrichten » NVIDIA AKTIE » IQM Quantum Computers: IQM Advances AI-Driven Agentic Calibration, Opening Quantum Computing to the Enterprise With NVIDIA Ising

snippets: For more information or to register, please visit the Next Level: The Intersection of Quantum, Capital, Supply Chains, and Open Source websit e. About Infleqtion Infleqtion, Inc. (NYSE: INFQ) is a global leader in quantum technology, delivering neutral-atom solutions for quantum computing, networking, sensing, and security.

title: NVIDIA launches Ising open source quantum AI models

description: NVIDIA launches Ising open source quantum AI models

snippets: The Ising model family includes two main components: Ising Calibration, a vision language model for automating quantum processor calibration, and Ising Decoding, which uses 3D convolutional neural networks for quantum error correction. According to the company, Ising Decoding performs up to 2.5 times faster and 3 times more accurately than pyMatching, the current open source industry standard.

snippets: A quantum system that requires resident specialists to stay calibrated is not factory-ready. IQM's agentic calibration is designed to change that. IQM's implementation builds on NVIDIA Ising models, fine-tuned for quantum tasks ? a key ingredient in the system's accuracy and reliability. The agentic calibration integrates AI agents directly into IQM's existing calibration infrastructure, augmenting rather than replacing the underlying system.

snippets: Open models empower developers to build high-performance AI while maintaining total control over their data and infrastructure. Named after a landmark mathematical model that dramatically simplified the understanding of complex physical systems, the NVIDIA Ising family provides high-performance, scalable AI tools for quantum error correction and calibration — two of the most critical challenges in building hybrid-quantum classical systems.

title: NVIDIA launches open AI models for quantum computing

description: Chipmaker says new Ising models speed quantum calibration and error correction, aiming to help researchers build more reliable, scalable systems

snippets: NVIDIA launches open-source Ising AI models for quantum calibration and error correction, claiming 2.5x faster decoding and adoption by major research labs.

title: NVIDIA Corporation Launches Ising Open Source Quantum AI Models

description: NVIDIA Corporation announced the world?s first family of open source quantum AI models, NVIDIA Ising, designed to help researchers and enterprises build quantum processors capable of running useful...

snippets: AI is key for turning today?s quantum processors into large-scale, reliable computers. Open models empower developers to build high-performance AI while maintaining total control over their data and infrastructure. Named after a landmark mathematical model that dramatically simplified the understanding of complex physical systems, the NVIDIA Ising family provides high-performance,

title: NVIDIA Introduces Ising, Open AI Models Targeting Scalable Quantum Computing

description: NVIDIA introduced a new family of open AI models, called Ising, targeting two of the most difficult engineering barriers in quantum computing: processor calibration and quantum error correction. The models aim to improve the reliability and scalability of quantum systems by applying AI to interpret quantum measurements and manage error-prone qubits in real time. The Ising […]

snippets: AI is essential to making quantum computing practical," founder and Chief Executive Jensen Huang said. "With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits into scalable and reliable quantum-GPU systems.

description: IQM demonstrates how agentic calibration removes manual bottlenecks, making quantum computers ready for AI factories and high-performance computing environments. The solution is open and transparent

title: EeroQ and Conductor Demonstrate Autonomous Future of Quantum Computing Labs

description: EeroQ and Conductor, two leading quantum computing companies, have announced a breakthrough in developing autonomous quantum computing labs using NVIDIA's Ising platform. The new AI-powered system aims to dramatically speed up the process of building scalable quantum computers, which is a critical challenge facing the industry.

snippets: EeroQ and Conductor announced that they have achieved a breakthrough in accelerating the development of autonomous quantum computing labs with NVIDIA Ising, the first family of open models for quantum computing. Using EeroQ's electron-on-helium quantum chip, NVIDIA Ising, and Conductor's bespoke AI models, the teams built a functional proof of concept for an autonomous quantum computing lab.

snippets: Building a scalable quantum computer demands speed, and AI is one of the most powerful tools we have to get there," said Nick Farina, co-founder & CEO of EeroQ. "This demonstration was a tremendous team effort, and it's just the beginning of what's possible when you combine AI with the sharpest people in quantum computing. The development time for quantum computing will be greatly accelerated.

snippets: Bull, a leader in advanced computing and AI, and Equal1, a global pioneer in silicon-powered quantum computing, today announced the signing of a Memorandum of Understanding (MoU) to advance the next generation of hybrid quantum-classical technologies with European solutions.

title: Nvidia unveils open source quantum AI model Ising

description: Nvidia launches Ising, a new family of open source quantum AI models designed to help perform quantum error correction and calibration.

snippets: In addition, NVIDIA is providing a cookbook of quantum computing workflows and training data along with NVIDIA NIM ™ microservices, equipping developers to fine-tune models for specific hardware architectures and use cases with minimal setup. The models can also run locally on researchers' systems, protecting proprietary data.

title: IQM Introduces AI-Based Calibration for Scalable Quantum Systems

description: IQM introduces AI-driven calibration using NVIDIA Ising models to automate quantum system tuning, improving scalability and enterprise deployment readiness.

snippets: IQM's open architecture, drawing on NVIDIA Ising open models for parallel agentic calibration is designed as a foundation enterprises can build on ahead of the fault-tolerant era. The quantum era does not begin when the technology works in a lab. It begins when institutions can own it, operate it, and build on it — without a team of quantum physicists running the infrastructure.

snippets: - On World Quantum Day, IQM Quantum Computers today announced AI-driven agentic calibration, an automated approach to tuning quantum systems with NVIDIA Ising.

snippets: The core architectural advance is parallelism. IQM's visual agents inspect calibration results across qubits simultaneously at each stage not sequentially. As quantum processors scale, the number of interaction channels between qubits grows non-linearly. Sequential calibration cannot keep pace. Parallel agentic inspection can.

title: NVIDIA Unveils Ising: AI-Powered Quantum Models Set To Redefine The Future Of Computing

description: NVIDIA makes a huge step into the future of computing with its announcement of what it claims are the world's first open-source quantum AI...

snippets: That said, technological limits are always being pushed, and one very hot new development recently is Nvidia Ising. It's a convergence of disciplines, a strategic pivot and a peek into the future of computing. Now that AI has become the control plane of quantum machines, the journey towards practical, scalable quantum systems is becoming more clear, and NVIDIA is leading the way.

title: NVIDIA Introduces Open "Ising" AI Models to Push Quantum Computing Toward Real-World Applications

description: According to NVIDIA, the Ising models deliver substantial performance improvements over existing approaches. In particular, they enable quantum error

title: EeroQ and Conductor Demonstrate Autonomous Future of Quantum Computing Labs using NVIDIA Ising

description: /PRNewswire/ -- EeroQ and Conductor announced today that they have achieved a breakthrough in accelerating the development of autonomous quantum computing labs...

snippets: Built on a new architecture KumoRFM-2 achieves state-of-the-art results across 41 predictive tasks and four major benchmarks, with zero feature engineering, zero task-specific training, and natural-language querying for any of them

title: NVIDIA introduces open AI models to support quantum computing development

description: NVIDIA has launched its first open source AI model family designed for advancing quantum computing research. The new tools aim to improve processor calibration speed and accuracy while supporting broader adoption across academic institutions and industry labs.

snippets: The introduction of these tools is significant as the quantum computing industry seeks solutions to improve processor calibration and error correction—two major challenges in advancing hybrid-quantum classical systems. Open access to high-performance AI models gives developers greater control over their data and infrastructure while accelerating progress toward scalable, reliable quantum computers.

title: NVIDIA Launches Ising, the World's First Open AI Models to Accelerate the Path to Useful Quantum Computers

description: News Summary: The NVIDIA Ising open model family delivers the world's best AI-based quantum processor calibration capabilities, as well as quantum error-correction decoding that is up to 2.5x faster and 3x more accurate than traditional approaches.Leading quantum enterprises, academic institutions ...

title: Nvidia unveils Ising AI models for quantum error correction and calibration

description: Technology and computing giant Nvidia Corp. today announced the release of Ising, the world's first open artificial intelligence model family aimed at

snippets: NVIDIA Ising Calibration 1 is built on real QPU data provided by partners and collaborators. A semantic quantum calibration benchmark has also been released to evaluate model effectiveness for this task.

title: NVIDIA Launches Ising, The World's First Open AI Models To Accelerate The Path To Useful Quantum Computers

description: (MENAFN - GlobeNewsWire - Nasdaq) NVIDIA Ising Delivers Breakthrough Performance in Quantum Calibration and Error Correction, Empowering Re

snippets: Get Started With NVIDIA Open Models NVIDIA Ising joins NVIDIA's open model portfolio, which includes NVIDIA NemotronTM for agentic systems, NVIDIA CosmosTM for physical AI, NVIDIA Alpamayo for autonomous vehicles, NVIDIA IsaacTM GR00T for robotics and NVIDIA BioNeMoTM for biomedical research.

title: NVIDIA Ising AI Models Target Quantum Computing's Biggest Flaw

description: NVIDIA launches Ising, open-source AI models that deliver 2.5x faster quantum error correction and 3x better accuracy, potentially accelerating fault-tolerant quantum systems.

snippets: The NVIDIA Ising model family is fully open. Weights, training frameworks, data, benchmarks, and recipes are provided to enable others to modify, deploy, train, and fine-tune their own models and variants for their specific QPUs.

snippets: Get Started With NVIDIA Open Models NVIDIA Ising joins NVIDIA's open model portfolio, which includes NVIDIA Nemotron™ for agentic systems, NVIDIA Cosmos™ for physical AI, NVIDIA Alpamayo for autonomous vehicles, NVIDIA Isaac™ GR00T for robotics and NVIDIA BioNeMo™ for biomedical research.

description: NVIDIA Ising NVIDIA today announced the world's first family of open source quantum AI models, NVIDIA Ising, designed to help researchers and enterprises build quantum processors capable of running useful applications.

description: AI is essential to making quantum computing practical," said Jensen Huang, founder and CEO of NVIDIA. "With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems.

description: <p>CHICAGO, April 14, 2026 /PRNewswire/ -- EeroQ and Conductor announced today that they have achieved a breakthrough in accelerating the development of autonomous quantum computing labs with NVIDIA Ising, the first family of open models for quantum computing. Using EeroQ's electron-on-helium quantum chip, NVIDIA Ising, and Conductor's bespoke AI models, the teams built a functional proof of concept for an autonomous quantum computing lab.

description: NVIDIA's Ising family, open-source quantum AI models, accelerates processor calibration by up to 2.5x.

snippets: Over the past few years, "AI models and agents have become dramatically more capable, and demand for agentic AI is accelerating adoption for industry as well as for science," said Sam Stanwyck, Director of Quantum Product at NVIDIA, during a briefing on Ising family of open-source models tuned for quantum computing tasks.

description: EeroQ and Conductor announced today that they have achieved a breakthrough in accelerating the development of autonomous quantum computing labs with NVIDIA...

snippets: The companies say the NVIDIA Ising platform, which includes a family of open AI models, will enable quantum labs to automate many repetitive and time-consuming tasks. This includes optimizing experimental setups, analyzing data, and even suggesting new experiments to try. The goal is to free up researchers to focus on the core scientific challenges.

title: Eeroq and Conductor Form Strategic Alliance to Demonstrate Autonomous Quantum Computing Labs Using Nvidia Ising

description: EeroQ and Conductor announced that they have achieved a breakthrough in accelerating the development of autonomous quantum computing labs with NVIDIA Ising, the first family of open models for quantum...

snippets: Ken Campman, President & Executive Officer from Sumitomo Chemical Advanced Technologies, commented on the company's progress. The company has already demonstrated successful integration of AlGaAs on standard 200mm silicon, with plans to expand to 300mm wafers, facilitating compatibility with silicon nitride waveguides commonly used in quantum photonic circuits.

description: NVIDIA Ising Delivers Breakthrough Performance in Quantum Calibration and Error Correction, Empowering Researchers and Enterprises to Build Scalable, High-Performance Quantum Systems

snippets: AI is essential to making quantum computing practical," said Jensen Huang, founder and CEO of NVIDIA. "With Ising, AI becomes the control plane - the operating system of quantum machines - transforming fragile qubits to scalable and reliable quantum-GPU systems.

title: Nvidia Expands AI Push With Quantum Models

description: NVIDIA Corporation (NVDA, Financials) is expanding its artificial intelligence portfolio with the launch of a new family of open-source models designed for quantum computing.The new "Ising" models use AI to handle complicated operations in order to make quantum systems more useful. One model is all…

snippets: By bridging AI and quantum computing more tightly than ever before, NVIDIA is not just introducing a new set of tools, but also advancing a broader vision: one in which AI becomes the control layer that unlocks the full potential of quantum technology.

title: IQM Advances AI-Driven Agentic Calibration, Opening Quantum Computing to the Enterprise With NVIDIA Ising

description: On World Quantum Day, IQM Quantum Computers today announced AI-driven agentic calibration, an automated approach to tuning quantum systems with NVIDIA Ising....

snippets: AI is essential to making quantum computing practical," Nvidia CEO Jensen Huang said, adding "With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems." Here were the big movers in Tuesday's session: "Quantum Processor Units (QPUs) are likely to become the next important co-processor in data centers, sitting alongside CPUs and GPUs," Berstein analysts told clients.


title: OpenAI Acquires Hiro Finance to Expand AI Personal Finance Capabilities

description: On April 14, 2026, OpenAI officially acquired Hiro Finance, a 2023-founded startup by Ethan Bloch offering AI-driven financial planning tools. This marks the company's second acquisition in a month, signaling a strategic push into vertical AI for personal finance. The deal aims to enhance user assistance with spending tracking, debt management, and financial planning as AI and fintech sectors converge.

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title: OpenAI Acquires Hiro Finance: The Push into Vertical AI Personal Finance

description: OpenAI Acquires Hiro Finance: The Push into Vertical AI Personal Finance

snippets: Industry analysts note that Hiro's value lies in its ability to run sophisticated "what-if" simulations. The app allowed users to model debt-paydown sequences and savings optimizations with a built-in "accuracy verification" tool—a feature that provides users with a transparent audit trail of the AI's logic.

snippets: Notably, this deal carries additional significance because Ethan Bloch previously founded Digit, a digital banking platform that automated savings for users. Later, Digit was acquired by Oportun in 2021 for more than $200 million. Furthermore, this is not the first time OpenAI has acquired a financial-focused application. Since the company already positions ChatGPT as a valuable tool for business and finance teams, the acquisition aligns with its broader strategy to strengthen capabilities in financial services.

snippets: Hiro was a relatively new startup, founded in 2023 by entrepreneur Ethan Bloch. Despite its short time in the market, the company quickly attracted attention for its AI-powered approach to personal finance. The platform allowed users to input details such as income, expenses, and debts. It would then generate different financial scenarios to help users make better decisions about saving, spending, and planning for the future.

title: OpenAI acquires Hiro Finance to strengthen AI financial capabilities

description: OpenAI has acquired personal finance startup Hiro Finance, co-founder Ethan Bloch announced, and the company also confirmed the development.

snippets: The acquisition of Hiro indicates OpenAI's plans to make a push towards assisting users with financial planning and spending, as well as tracking debt. OpenAI already touts ChatGPT for Finance as a tool that will help finance teams automate research and reporting, according to its website.

title: OpenAI acquires AI personal finance startup Hiro

description: OpenAI has acquired Hiro Finance, a personal finance AI startup. This move aims to strengthen OpenAI's AI chatbot for business finance teams. Hiro Finance founder Ethan Bloch and his team will join OpenAI. Hiro's product will cease operations in April 2026. This acquisition marks a significant step for OpenAI in the financial technology sector.

title: OpenAI Acquires Hiro Finance to Expand AI Financial Planning

description: OpenAI acquires fintech startup Hiro Finance to strengthen AI financial planning tools and bring its team on board in a strategic acquihire move.

snippets: Although the financial terms of the deal remain undisclosed, industry analysts are characterizing the acquisition as an "acquihire." This is due to the fact that Hiro is shutting down its independent operations. According to reports from TechCrunch, the Hiro team—which includes founder Ethan Bloch and approximately 10 employees—is joining OpenAI.

title: OpenAI Acquires AI Personal Finance Startup Hiro Finance

description: OpenAI has acquired the AI personal finance startup Hiro Finance in an "acquihire" deal, bringing founder Ethan Bloch and his team on board. Hiro, which specialized in precise financial math and "what-if" scenario modelling, will shut down on April 20 and delete all data by May 13.

snippets: OpenAI has acquired personal finance startup Hyro Finance, TechCrunch reported on April 14. Hyro founder Ethan Bloch disclosed the acquisition and OpenAI confirmed it. Financial terms were not disclosed and Hyro's total funding was not made public. TechCrunch said the deal largely appeared to be an acquihire. Hyro will shut down on April 20 and delete all server data on May 13.

title: AI Meets Finance: OpenAI Acquires Personal Finance Startup Hiro

snippets: OpenAI has acquired the personal finance startup Hiro Finance, marking another step in its growing interest in financial technology. The deal was confirmed recently, though the financial terms have not been made public. Following the acquisition, Hiro will shut down its services, with operations ending soon and user data scheduled for deletion shortly after.

snippets: On April 14, 2026, OpenAI (Private) officially announced the acquisition of Hiro Finance, a cutting-edge startup specializing in autonomous personal finance. The deal, described by industry insiders as a strategic "acquihire," brings one of the most sophisticated financial reasoning teams in the fintech world under the OpenAI umbrella.

title: OpenAI acquires Hiro Finance as AI giant expands into personal finance planning

description: OpenAI has acquired AI personal finance startup Hiro Finance, founded by serial entrepreneur Ethan Bloch who previously sold neobank Digit for over $200 million. The deal appears to be an acquihire, with Hiro shutting down operations on April 20 and deleting all user data by May 13. Around 10 employees are joining OpenAI as the company strengthens its financial planning capabilities.

snippets: Meanwhile, Ethan Bloch stated that Hiro Finance employees will join OpenAI as part of the transition. While he did not confirm the exact number, LinkedIn data suggests that the startup had around 10 employees. He did not respond to additional requests for comment.

title: OpenAI Acquires Hiro Finance in Talent-Focused Deal

description: OpenAI has acquired Hiro Finance, a startup focused on AI-powered personal financial planning, as confirmed by founder Ethan Bloch.

snippets: OpenAI acquires personal finance startup Hiro Finance, service to wind down in April Proactive uses images sourced from Shutterstock

title: OpenAI acquires AI financial planning startup Hiro Finance

description: OpenAI acquires AI financial planning startup Hiro Finance - SiliconANGLE

snippets: OpenAI Group PBC has acquired Hiro Finance Inc., a low-profile startup with an artificial intelligence tool for creating financial plans.

title: OpenAI has bought AI personal finance startup Hiro

description: The acquisition indicates a capability that OpenAI is building into ChatGPT: financial planning.

snippets: Hiro was specifically trained to nail financial math, including an option that allowed users to verify accuracy, Bloch said in a demo of the product. Over the past couple of years, state-of-the-art frontier models have gotten significantly better (even good) at math of all kinds. But historically, they haven't been.

title: OpenAI Purchases AI Personal Finance Company Hiro

description: On Monday, founder Ethan Bloch disclosed that OpenAI has acquired the personal finance startup Hiro Finance, a statement later corroborated by OpenAI to TechCru

snippets: In his announcement, Bloch mentioned that Hiro's employees will be integrated into OpenAI. Although he didn't specify how many, LinkedIn indicates there are about 10 individuals associated with the company. We reached out to Bloch for additional comments but did not receive a response.

title: OpenAI snaps up AI personal finance start-up Hiro

description: OpenAI has expanded its acquisition portfolio with the purchase of US-based AI personal finance fintech Hiro. Find out the deal's details here.

snippets: OpenAI has acquired Hiro Finance, an AI-powered personal finance startup founded in 2023. Founder Ethan Bloch and approximately ten employees are joining OpenAI. The company will shut down on April 20 and delete all user data by May 13.

title: OpenAI acquires Hiro Finance: What the AI startup offers

description: OpenAI has acquired AI personal finance startup Hiro Finance. The announcement was made by Hiro's founder Ethan Bloch.

title: OpenAI acquires personal finance startup Hiro and its ten-person team

description: OpenAI acquired personal finance startup Hiro Finance, bringing founder Ethan Bloch and about 10 employees on board. Hiro shuts down April 20, with all user data deleted by May 13.

snippets: OpenAI has announced its acquisition of Hiro, a financial planning application designed to assist users in managing their finances. This strategic move underscores OpenAI's focus on expanding its offerings in the fintech industry, particularly in personal finance solutions. As part of the acquisition, Hiro's existing users will benefit from enhanced features and support, leveraging OpenAI's advanced technology.

title: OpenAI Acquires Hiro Finance to Boost AI Financial Planning Tools

description: OpenAI acquires Hiro Finance to enhance AI financial tools, focusing on accuracy, planning simulations and building reliable decision-making systems for users.

snippets: Moreover, the move could help OpenAI gain traction among OpenClaw users, who are known to have a preference for financial applications like Claude. OpenClaw is recognized for its capabilities in robo stock trading, and Bloch has already created his own auto-trading agent named "RoboBuffett." By acquiring Hiro, OpenAI could provide a more comprehensive suite of services that appeals to this demographic.

title: OpenAI Acquires AI Personal Finance Startup Hiro in Strategic Talent Move

description: OpenAI has acquired AI personal finance startup Hiro Finance, marking another step in its expansion into applied AI use cases. The acquisition was confirmed by Hiro's founder Ethan Bloch and later acknowledged by OpenAI, though financial terms of the deal were not disclosed. The deal is widely seen as an acquihire, with Hiro set to […]

snippets: It's not clear how many employees will be making the move with Bloch, but Hiro says it has a team of 10 on LinkedIn. The acquihire may be aimed at boosting OpenAI's appeal among OpenClaw users, who tend to favor Claude.

title: OpenAI Buys Personal Finance Platform Hiro

description: OpenAI has acquired AI powered personal finance startup Hiro Finance to expand Hiro's vision of creating an "AI personal CFO.

snippets: These innovations could position OpenAI not just as a leader in AI development, but also as a pivotal player in the personal finance arena, catering to a growing audience eager for intelligent financial management solutions.

title: OpenAI Expands Financial AI Push With Acquisition Of Hiro Finance

description: OpenAI has acquired personal finance startup Hiro Finance, though the terms of the deal have not been disclosed.

title: OpenAI acquires fintech startup Hiro and hires its team

description: A small AI fintech shut down operations and wiped servers before joining a major AI lab, prompting speculation about a talent driven acquihire. According to Techcrunch OpenAI has become the owner of the fintech startup Hiro Finance after its founder, Ethan Bloch, announced the deal, and the company confirmed it. The startup had attracted investors […]

snippets: On Monday, founder Ethan Bloch announced that OpenAI has acquired personal finance startup Hiro Finance, a claim that OpenAI later confirmed to TechCrunch. The startup received backing from notable fintech venture capital firms, including Ribbit, General Catalyst, and Restive.

title: OpenAI Expands Horizons: Acquisition of Hiro Marks a New Era in AI-Driven Personal Finance

description: Spread the loveIn a significant move that underscores its commitment to advancing artificial intelligence capabilities, OpenAI has acquired Hiro, an innovative startup specializing in AI-driven personal finance solutions. This acquisition not only enhances OpenAI's technological arsenal but also signals a deeper focus on integrating AI into financial planning tools, setting the stage for a transformative approach to personal finance management.

title: Hiro Finance Shuts Down as OpenAI Acquires Entire Team

description: OpenAI acquires Hiro Finance and shuts down its app as it builds stronger AI tools for personal financial planning.

snippets: Hiro was backed by well known fintech investors including Ribbit Capital, General Catalyst, and Restive. While the startup never publicly disclosed its funding amount, the backing suggested strong confidence in its vision.

title: OpenAI Acquires Financial Planning App Hiro - Fintech InShorts: Latest Fintech News, Analysis By Experts

description: As AI and finance continue to converge, the market is placing greater emphasis on platforms that can combine technical depth with operational structure and commercial reach. R-AI's current positioning suggests that it is seeking to compete on exactly those dimensions: model capability, integrated financial workflow, collaborative network design, and long-term system expansion.

title: OpenAI takes over Hiro, an AI finance start-up

description: Founded by co-CEOs Ethan Bloch and Rushabh Doshi in 2024, Hiro introduced its AI-powered tool around five months ago, News.Az reports, citing foreign ...

snippets: This is not the first financial app OpenAI has acquired. The company already markets ChatGPT to business finance teams as a productivity tool. The Hiro deal suggests OpenAI is actively building out its capabilities in consumer and business financial planning, though whether it plans to launch a dedicated financial product remains to be seen.

title: OpenAI Expands Into Fintech With Acquisition of AI-Driven Startup Hiro Finance

description: OpenAI deepens its fintech push with an acquihire of AI personal finance startup Hiro Finance for ChatGPT.

snippets: Several stories characterize the deal as an acquisition, concentrating on talent and expertise rather than growing Hiro as a standalone software because the product is closing down and the whole team is joining

title: OpenAI buys its second startup in a month

snippets: OpenAI has acquired Hiro Finance, a startup that offers AI-powered financial planning tools. As first reported by TechCrunch, fiscal terms of the deal, which was announced on Monday, were not disclosed by OpenAI. However, all signs point this to being an acquhire, with Hiro founder Ethan Bloch writing on LinkedIn that the company's product would stop working on April 20. Users have until May 13 to migrate their data off of Hiro's servers before everything is deleted.

description: OpenAI buys its second startup in a month

snippets: The company's robots leverage an innovative human-in-the-loop (HITL) platform that combines AI and human intelligence, allowing human operators to remotely control the robots as they unload trucks and shipping containers. The robots use innovative grasping techniques that can accommodate a wide range of box sizes and weights, and have a 99% success rate in unloading operations.

title: The Founder Who Sold Digit for $230M Just Sold His Next Startup to OpenAI

description: OpenAI acquired personal finance startup Hiro Finance in an acquihire deal. The app will shut down on April 20 and delete all data by May 13.

snippets: OpenAI has acquired Hiro Finance, an AI-powered personal finance startup, in what amounts to an acquihire. The founder announced the deal on LinkedIn on April 13 and OpenAI confirmed the acquisition. According to Ethan Baloch:

title: From Mumbai to OpenAI: How Rushabh Doshi built and sold his AI powered startup to Sam Altman

description: OpenAI announced the acquisition of Hiro, with co-founder Rushobh Doshi and the entire team joining OpenAI, while Hiro will cease accepting new signups immediately and shut down operations on April 20.

snippets: PayTabs has dedicated offices in KSA, UAE, Egypt and presence in other locales including Jordan, and Kuwait. The company is an equal opportunities employer. More milestones on:

title: Finesse Exit Signals New Wave of AI Startup Deals

description: AI fintech startup Finesse gets acquired for $1.5 million, signaling consolidation trends, investor exits, and growing maturity in startup ecosystem.

snippets: Finesse operated for around four years before the acquisition. During this period, the startup refined its product, built a customer base, and positioned itself as a niche player in AI-driven fintech solutions.


title: BlackRock Profit Jumps 46% on Active ETFs Despite AUM Decline

description: BlackRock reported a 46% surge in quarterly income driven by active ETFs and performance fees, beating earnings expectations. While assets under management faced pressure, strong inflows and diversified strategies offset margin compression from the race to zero in fees. The results highlight resilience in private credit and alternative investments during market volatility.

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title: BlackRock Q1 FY26 earnings beat estimates; revenue up 27%

description: BlackRock, Inc. (NYSE: BLK) on Tuesday reported stronger-than-expected earnings for the first quarter of fiscal 2026 as its revenue increased 27% year-over-year. The asset management...

snippets: Citigroup additionally beat expectations on the highest and backside strains this morning. The financial institution posted $24.63 billion in income for the quarter, its greatest in a decade. Earnings per share additionally impressed with a 56% bounce from a 12 months in the past.

title: BlackRock Stock Gains on Q1 Earnings Beat, Revenues & AUM Rise Y/Y

snippets: This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Charles Schwab will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

snippets: The Charles Schwab Corporation (SCHW), another stock in the Zacks Financial - Investment Bank industry, is expected to report earnings per share of $1.38 for the quarter ended March 2026. This estimate points to a year-over-year change of +32.7%. Revenues for the quarter are expected to be $6.46 billion, up 15.4% from the year-ago quarter.

description: BLK tops Q1 estimates as revenues jump 27% y/y and AUM climbs to $13.89T, but rising expenses affect gains despite strong inflows. |

description: BlackRock's BLK first-quarter 2026 adjusted earnings of $12.53 per share handily surpassed the Zacks Consensus Estimate of $11.96. The figure reflects a 10.9% rise from the year-ago quarter.Shares of the company gained 2.5% in the pre-market trading on better-than-expected results. However, a full…

title: BlackRock quarterly profit rises on active ETFs and performance fees

description: BlackRock reported a rise in first-quarter profit on Tuesday, reflecting strong flows into its exchange-traded funds (ETFs) and a sharp increase in performance fees, sending its shares up 4.1% in early trading. Total net inflows were $130 billion, mostly into the asset manager's iShares ETFs. Its private markets business drew inflows […]

snippets: According to an SEC filing dated April 13, 2026, Kelly Financial Services LLC established a new holding of 168,755 shares in the BlackRock ETF Trust - iShares Large Cap Core Active ETF ( BLCR +0.86% ). The estimated transaction value was $7.3 million, calculated using the average closing price for the first quarter of 2026. At quarter-end, the position was valued at $6.9 million, reflecting both the trade and price changes during the period.

snippets: The strategies – active ETFs and alternative investments – have allowed the asset manager to diversify during times of market trouble. During the first quarter of 2026, it helped BlackRock earn more from performance fees.

snippets: ETF net inflows reached $132 billion in Q1 2026 alone, while retail long-term products attracted $15 billion. Institutional active strategies recorded positive flows of $24 billion, demonstrating BlackRock's ability to compete effectively in higher-fee active management despite industry headwinds.

description: Total assets under management at the world's largest asset manager came in at $13.89 trillion, up from $11.58 trillion in the year-ago period.

description: BlackRock reported a rise in first-quarter profit on Tuesday, reflecting strong flows into its exchange-traded funds (ETFs) and a sharp increase in performance fees, sending its shares up 4.1% in early trading. Total net inflows were $130 billion, mostly into the […]

description: BlackRock reported a rise in first-quarter profit on Tuesday, reflecting strong flows into its exchange-traded funds (ETFs) and a sharp increase in performance fees, sending its shares up 3% before the bell. Total net inflows were $130 billion, mostly into the asset manager's iShares ETFs. Its...

snippets: BlackRock saw total net inflows of US$130 billion in the first quarter of the year, with the lion's share going into its iShares ETFs. Its private markets business drew inflows of US$9 billion in the quarter.

title: Earnings call transcript: BlackRock's Q1 2026 earnings beat expectations

snippets: In private markets, we continue to see strong momentum supported by investment performance, differentiated deal flow, and the breadth of our client relationships. We saw an aggregate $9 billion of net inflows led by private credit and infrastructure and primarily driven by deployment activity. Finally, BlackRock's cash management platform saw $6 billion of net outflows in the first quarter. Cash management results reflected seasonal redemptions from U.S.

snippets: BlackRock ( BLK +3.95% ) reported record asset gathering momentum across both ETFs and private markets, with broad-based demand driving double-digit expansion in every key financial metric and a rising effective fee rate. Management detailed accelerating institutional and retail demand for whole-portfolio innovations, especially in direct indexing, tax-aware solutions, and model portfolios that integrate alternatives and ETFs.

snippets: Thank you very much, and good morning, everyone. This quarter, the firm reported net income of $16.5 billion and EPS of $5.94 with an ROTCE of 23%. Revenue of $50.5 billion was up 10% year on year, primarily driven by higher markets revenue, higher asset management and investment banking fees, and higher NII, driven by the impact of balance sheet growth, predominantly offset by the impact of lower rates.

title: BlackRock shares gain as quarterly earnings, revenue top estimates

description: Investing.com -- BlackRock shares climbed on Tuesday after the world's largest asset manager posted first-quarter earnings and revenue that beat Wall Street ...

title: BlackRock earnings jump as $130B inflows propel Q1 results and ETF strength

description: Blackrock earnings rise on record inflows and tech-driven revenue growth, underscoring ETF and private markets momentum and dividends.

snippets: These first quarter 2026 results showcase how blackrock earnings are increasingly underpinned by a diversified business model spanning index, active, private markets, and technology solutions. In particular, the combination of strong net inflows and expanding technology revenues supports the firm's long-term growth narrative.

snippets: BlackRock ( BLK ), the ETF behemoth, said that its quarterly profits were up 46% over last year. For Q1, BlackRock made $2.2 billion. At the end of March, the company managed $13.89 trillion in assets. That's actually down a tad since the start of the year.

description: BlackRock reported a rise in first-quarter profit on Tuesday, reflecting strong flows into its exchange-traded funds (ETFs) and a sharp increase in performance fees, sending its shares up 3% before the bell. Total net inflows were...

snippets: The fund is sponsored by Blackrock. It has amassed assets over $2.58 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. ITB seeks to match the performance of the Dow Jones U.S. Select Home Construction Index before fees and expenses.

snippets: The company reported a net profit of $2.21 billion, or $14.06 per share, for the three months to March 31. BlackRock said its adjusted earnings were $12.53 a share, against analyst expectations of $11.54.

title: BlackRock quarterly profit rises on active ETFs, performance fees

description: BlackRock reported a rise in first-quarter profit on Tuesday, as the asset manager saw strong inflows into its exchange traded funds and earned more from performance fees, sending its shares up 2.8% in trading before the bell. Th...

snippets: New York-based BlackRock reported higher profit on the back of strong inflows into its exchange‑traded funds and a sharp rise in performance fees. However, AUM slipped to $13.89trn - up from $11.58trn a year earlier but down from the record $14.04trn reached in Q425 — as weaker markets reduced the value of client portfolios despite continued inflows.

snippets: BlackRock said Tuesday that it had $320.4 billion of assets in its private markets business in the first quarter, down from $322.6 billion at the end of last year. The figures reflect $9.1 billion of net inflows and $8.5 billion of returns of capital, along with a $2 billion drop in market values.

snippets: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BlackRock ETF Trust - iShares Large Cap Core Active ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

snippets: BlackRock is the issuer of IBIT, the iShares Bitcoin Trust ETF, which launched on January 5, 2024 and seeks to reflect the performance of the price of bitcoin. The product is not registered under the Investment Company Act of 1940, distinguishing it from conventional mutual funds and ETFs.

snippets: When clients rotate towards international exposures, they did this quarter. BlackRock benefits iShares are differentiated in that it indexes virtually every slice of global equities and bond markets from broad benchmarks to emerging markets to single country precision exposures. Demand for these premium exposures drove record iShares first quarter net inflows of 132 billion with net base fees double what they were compared to this time last year.

snippets: BlackRock's iShares unit just posted a record-breaking Q1, pulling in $132 billion in net inflows, the highest Q1 figure in iShares history, as part of a strong overall earnings beat for parent company BlackRock ( BLK ), which reported 8% year-over-year organic

snippets: At the end of March, our base fee entry rate was approximately 2% lower than the first quarter base fees, but that's basically been recovered with the April market performance.

snippets: Tuesday's early share price gains were against a backdrop of a flat U.S. market, but the stock remains down more than 4% this year, lagging behind its smaller rival State Street. The S&P 500 index lost 4.6% in the first quarter.

snippets: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BlackRock ETF Trust - iShares International Country Rotation Active ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.


title: Lucid Appoints Silvio Napoli CEO Amid Major Investments and Robotaxi Deal

description: Lucid Group named former Schindler executive Silvio Napoli as its new Chief Executive Officer to drive electric vehicle production and sales. The announcement coincides with significant capital injections, including $500 million and $550 million investments from Uber and Saudi backers. Additionally, the company expanded its robotaxi partnership with Uber while its Gravity SUV secured the 2026 World Luxury Car of the Year award.

Lucid Group Inc.

name_eodhd: Lucid Group Inc.

name_kgid: Lucid Motors

name_orig: Lucid Group Inc.

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sub_industry: Automobile Manufacturers

sector: Materials

industry_group: Materials

industry: Metals & Mining

sub_industry: Silver

industry_group: Consumer Discretionary Distribution & Retail

industry: Specialty Retail

sub_industry: Automotive Retail

category: Corporate Governance

subcategory: Executive Leadership

event: Chief Executive Officer Hired

event: C-Suite Executive Hired

event: Chief Executive Officer Departed

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context: technology

mode: change

disaster_type: Road

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technique: Serverless Execution

tactic: Persistence

technique: Account Manipulation

subtechnique: Additional Cloud Roles

tactic: Privilege Escalation

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subtechnique: LC_LOAD_DYLIB Addition

block: Parasomnia disorders

chapter: Injury, poisoning or certain other consequences of external causes

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title: Lucid Group Appoints Silvio Napoli As New CEO

description: (RTTNews) - Technology company Lucid Group, Inc. (LCID) announced Tuesday that Silvio Napoli has been appointed the new Chief Executive Officer (C...

snippets: (RTTNews) - Technology company Lucid Group, Inc. (LCID) announced Tuesday that Silvio Napoli has been appointed the new Chief Executive Officer (CEO) and he will also join Lucid's Board of Directors. Napoli is currently based in Switzerland and will be relocating to the U.S. Interim CEO Marc Winterhoff will serve as Lucid's Chief Operating Officer (COO) upon Napoli assuming the CEO role.

snippets: NEWARK, Calif., April 14, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID ), maker of the world's most advanced software-defined vehicles and technologies, today announced that Silvio Napoli will be Lucid's next Chief Executive Officer (CEO) and will join Lucid's Board of Directors. Mr. Napoli is currently based in Switzerland and will be relocating to the U.S. Interim Chief Executive Officer Marc Winterhoff will serve as Lucid's Chief Operating Officer (COO) upon Napoli assuming the CEO role.

snippets: Lucid's Gravity SUV also received the 2026 World Luxury Car of the Year award, an accolade decided by over 100 automotive journalists worldwide. In another strategic move, Lucid revealed a new midsize electric vehicle platform, featuring models like Lucid Cosmos and Lucid Earth, with pricing starting below $50,000. This platform aims to broaden Lucid's market reach and accelerate profitability.

title: Lucid names Silvio Napoli CEO amid $500 million and $550 million investments

description: Lucid Motors has named Silvio Napoli as its new CEO and secured an additional $200 million investment from Uber and $550 million from the Saudi Arabian Public Investment Fund.

description: (RTTNews) - Technology company Lucid Group, Inc. (LCID) announced Tuesday that Silvio Napoli has been appointed the new Chief Executive Officer (CEO) and he will also join Lucid's Board of Directors. |

snippets: This press release may include statements and information that constitute "forward-looking statements" within the meaning of the U.S. securities laws as defined in the Private Securities Litigation Reform Act of 1995, and such statements are intended to be covered by the safe harbor provided by the same.

title: EV maker Lucid taps former Schindler chief Silvio Napoli as CEO

description: Lucid on Tuesday named Silvio Napoli as its next chief executive officer, as the company looks to ramp up production and sales of its electric vehicles in a highly competitive EV environment. Shares of the company were up over 4% in premarket trading. Napoli was till recently the chairman and CEO […]

title: Lucid Group names Silvio Napoli as next chief executive

description: Lucid Group names Silvio Napoli as next chief executive

snippets: Lucid Group, Inc. (NASDAQ:LCID) announced Monday that Silvio Napoli will become the company's next Chief Executive Officer and join its Board of Directors, according to a press release statement.

title: Lucid Group appoints Silvio Napoli as Chief Executive

description: Lucid Group has appointed former Schindler Group chief Silvio Napoli as Chief Executive, with a focus on scaling production and profitability

snippets: The company has also identified autonomy, robotaxi services and software-enabled revenue as future growth areas. Turqi Alnowaiser, Chairman of the Lucid Board of Directors, said: "Silvio is a proven global leader with deep experience leading complex, technology-driven organisations through periods of rapid growth and operational scaling.

title: EV maker Lucid names Silvio Napoli as CEO, shares rise

description: Lucid on Tuesday named Silvio Napoli as the company's next chief executive officer, as it looks to ramp up production and sales of its electric vehicles amid a highly competitive EV environment. Shares of the company rose over 11% in premarket trading. Napoli will take charge...

title: Lucid Finds Its New CEO, Expands Robotaxi Partnership With Uber

description: Bruce Gil 2026-04-14 12:10:00 gizmodo.com It's a tough market for EVs in the U.S. right now, but Lucid is hoping a new CEO and a fresh pile of cash from Uber…

snippets: Napoli needs the right to work in the U.S. before he can officially become CEO, according to TechCrunch. For now, he is covered by a Swiss employment contract and serves on the board as an "executive director," with Lucid anticipating visa clearance within a matter of weeks. Napoli is relocating from Switzerland to the U.S., Lucid said.

title: Lucid raises $1.05 billion through stock offerings and investments

description: Lucid raises $1.05 billion through stock offerings and investments

snippets: Lucid also got $550 million in convertible preferred stock from Ayar Third Investment, a wholly owned subsidiary of PIF. In addition, Lucid is raising $300 million in gross proceeds from its new stock sale expected to close on or about April 15.

title: Lucid sells more robotaxis to Uber, appoints a new CEO

description: Lucid is selling thousands more robotaxis to Uber, which is bumping up its investment in the luxury EV company to $500 million.

snippets: Napoli will not start as CEO right away. He still needs to receive "the right to work in the U.S.," according to a regulatory filing. Until that happens, he will be an "executive director" of Lucid Motors' board under a Swiss employment agreement (where he lives). Lucid expects Napoli to receive permission to work in the U.S. "in the coming weeks," after which Winterhoff will resume his role as chief operating officer.

title: Lucid Motors Appoints New CEO and Secures Additional Funding from Uber and Saudi Investors

description: Lucid Motors has appointed a new CEO, Silvio Napoli, a seasoned industrial executive, concluding over a year-long search triggered by the abrupt resignation of

snippets: Earlier this year, Lucid Motors revealed at an investor day event that it was nearing an agreement with Uber for a similar arrangement involving its more affordable mid-size vehicles. The finalized deal announced on Tuesday seems to adjust some of those Gravity SUV orders.

title: Lucid names auto industry outsider as CEO, expands Uber deal

description: Lucid electrical autos are seen on the New York International Auto Show on April 2, 2026.

snippets: Uber has also pledged an additional $200 million investment in Lucid, bringing its total stake in the company to $500 million. Ayar Third Investment has committed a further $550 million, reinforcing the strategic partnership between the fund and Lucid.

title: Lucid Group: Lucid Names Global Industrial Leader Silvio Napoli as Next Chief Executive Officer to Accelerate Growth...

description: Silvio Napoli, formerly Chairman and Chief Executive Officer of Schindler Group, to join Lucid as next Chief Executive Officer Interim Chief Executive Officer Marc Winterhoff will continue

snippets: With effect from 14 April 2026 CG Power & Industrial Solutions announced change in senior management as follows: Deven Jani, Vice President - Strategic Sourcing who was heading the strategic sourcing function and also taking care of initiatives under i2v (Innovate to Value) and ESG will be moving out of strategic sourcing and re-designated as Vice President - i2v & ESG Head. Under the new role Mr.

title: Lucid Names Global Industrial Leader Silvio Napoli as Next Chief Executive Officer to Accelerate Growth, Profitability and...

description: /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that Silvio...

description: Interim CEO Marc Winterhoff returns to COO as Napoli joins the board, with Lucid scaling Gravity, Air and upcoming Midsize vehicles.

snippets: Lucid (NASDAQ: LCID) named Silvio Napoli as its next Chief Executive Officer and a member of the board, effective April 14, 2026. Interim CEO Marc Winterhoff will transition to Chief Operating Officer. The leadership change aims to scale production of Lucid Air and Lucid Gravity, advance Midsize platform vehicles, pursue autonomy and robotaxi opportunities, and accelerate toward growth, positive free cash flow, and profitability.

description: Silvio Napoli, formerly Chairman and Chief Executive Officer of Schindler Group, to join Lucid as next Chief Executive OfficerInterim Chief Executive Officer Marc Winterhoff will continue as Chief Operating Officer upon Napoli assuming the role

snippets: Lucid shared that Napoli will relocate from Switzerland to the US, and once he takes the helm as the new CEO, Marc Winterhoff will transition to the role of COO. You can read more about Silvio Napoli here.

title: Lucid Announces Silvio Napoli as Permanent CEO After 14 Month Search

description: Lucid Motors appointed Silvio Napoli as its next chief executive officer on Tuesday, ending a 14-month search for a permanent leader and handing the role to a Swiss-Italian executive who spent more than three decades running one of the world's largest elevator and escalator companies.

snippets: Silvio is a proven global leader with deep experience leading complex, technology-driven organizations through periods of rapid growth and operational scaling," said Turqi Alnowaiser, Chairman of the Lucid Board of Directors, in a statement.

description: Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that Silvio Napoli will be...

snippets: Following a comprehensive search, Silvio Napoli is joining Lucid as the next CEO of Lucid and a member of the board of directors. Prior to joining Lucid, Napoli served as Chairman and CEO of the Schindler Group where he led large-scale international operations and drove strategic and operational change across global markets.

title: Lucid names new CEO as it raises over $1 billion and ramps up robotaxi ambitions

description: In addition to naming its next CEO, Lucid has confirmed a new funding raise totaling over 1 billion dollars.

snippets: The company is " welcoming Silvio Napoli as our next CEO" and adding "significant additional strategic and financial support from Uber and PIF, with expansion of our robotaxi partnership to 35,000 vehicles," Twork wrote.

snippets: Mr. Plumstead has more than three decades of leadership experience across finance and digital infrastructure. He has held senior positions at leading financial institutions, and later joined American Tower Corporation, where he served as Chief Commercial Officer for EMEA and ultimately CEO of ATC Europe, where he led operations across multiple countries and drove significant organic and inorganic growth. Most recently, Mr.

title: Lucid Motors names new CEO, lands more money from Uber and Saudis

description: The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.

snippets: Lucid Motors has finally found a new CEO in long-time industrial executive, Silvio Napoli, marking the end of a more than year-long search following the sudden resignation of its former chief, Peter Rawlinson.

title: Lucid names new CEO and raises $750 million

description: Silvio Napoli will lead struggling EV maker Lucid. The news comes as the automaker secures $750 million in fresh funding from Saudi Arabia's Public Investment Fund and Uber.

snippets: Shares of Lucid were up roughly 5% during premarket trading, as the company also announced expanded investments Tuesday of $750 million from an affiliate of Saudi Arabia's Public Investment Fund — its largest shareholder — and Uber Technologies.

title: Lucid Secures $750 Million From Saudi Fund, Uber as It Names New CEO -- 3rd Update

description: said it secured $750 million in fresh funding commitments from Saudi Arabia's sovereign wealth fund and Uber Technologies, as the electric-vehicle maker looks to fuel...

snippets: Separately, Lucid also revealed it will receive $750 million in new investment. Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund (PIF), will purchase $550 million of Lucid preferred stock, with Uber ( UBER ) subsidiary SMB Holding Corporation investing $200 million via common stock.

title: Lucid Motors Names New CEO and Attracts Further Investment from Uber and Saudi Backers

description: Lucid Motors has named Silvio Napoli as its new CEO following an extensive search initiated by the unanticipated resignation of former chief Peter Rawlinson. Th

snippets: As the incoming CEO of Lucid, Napoli is set to receive a substantial compensation package, beginning with a base salary of $1.5 million, plus $1 million for relocating to the U.S. Furthermore, he has been offered a bonus package, along with a stock grant valued at nearly $10 million, and a performance-based stock package that could potentially amount to tens of millions of dollars.

title: Lucid stock pops on new CEO, fresh funding from Saudi PIF, Uber

description: EV maker Lucid (LCID) made a flurry of major announcements on Tuesday, naming a new CEO and securing much-needed investment, as the company sets itself up...

snippets: Lucid touted Napoli's "deep operational expertise, financial discipline, and track record of leadership in innovation" as a critical piece that will help it forge ahead with its growth initiatives, including mid-sized electric vehicles and autonomous initiatives.

title: Lucid stock surges on $750M investment, expanded Uber deal

description: Lucid stock surges on $750M investment, expanded Uber deal

snippets: Lucid Group focuses on premium electric vehicles and related technology, a segment that continues to attract attention as automakers and suppliers invest in electrification. The fresh equity raise and new shelf registration come as EV manufacturers work through supply chain challenges and the capital needs of scaling production. For you as an investor, these moves directly affect Lucid's capital structure and potential future share issuance.

title: Lucid Stock (LCID) Enters Fast Lane on CEO Appointment, $1B War Chest in Profit Pursuit

title: Lucid taps former Schindler chief as CEO, raises $1 billion to shore up liquidity

description: Lucid names Silvio Napoli as CEO to boost EV production and sales, with shares surging over 11% in premarket trading. - Global Banking & Finance Review cov...

snippets: Napoli, most recently chairman and CEO of Schindler, is credited with modernizing the Swiss elevator and escalator maker's global supply chain and overseeing its aggressive expansion into Asian markets.

description: The electric vehicle maker Lucid Group (LCID 4.92%) announced this morning that it has hired Silvio Napoli to lead the company.

snippets: Lucid Just Got a New CEO and $750 Million in Fresh Funding. Is LCID Stock Finally a Buy? - EVSHIFT

title: Lucid stock falls as new CEO, funding deals raise fresh concerns

description: Lucid stock falls as new CEO, funding deals raise fresh concerns

snippets: All written or oral forward-looking statements that we make, or that are attributable to us, are expressly qualified by this cautionary notice. We expressly disclaim any obligation to update the information in any public disclosure if any forward-looking statement later turns out to be inaccurate.