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Silvio Napoli Assumes Role as CEO of Lucid Following Completion of Leadership Transition

PR Newswire

NEWARK, Calif., June 1, 2026 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced that Silvio Napoli has assumed the role of Chief Executive Officer (CEO), effective immediately.

Napoli was previously announced as incoming CEO on April 14.

“On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid,” said Turqi Alnowaiser, Chairman of the Lucid Board of Directors. “The Board remains fully committed and focused to Lucid’s long-term future, and we have strong confidence in Silvio’s leadership.”

“After spending time with our teams and gaining deeper firsthand experience with our products and technology, I’m increasingly confident in our ability to deliver consistent execution and long-term value,” said Napoli. “Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team.”

Napoli brings decades of global industrial leadership experience, most recently serving as Chairman and Chief Executive Officer of Schindler Group. His background spans large-scale global operations, financial management, and technology-driven businesses.

Marc Winterhoff, who has served as Interim CEO, has resumed his role as Chief Operating Officer and will report to Napoli.

About Lucid Group

Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software-defined vehicle architectures, the company’s lineup of award-winning vehicles brings Lucid’s “Compromise Nothing™” approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding management’s focus areas and priorities. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, Current Reports on Form 8-K, and other documents the Company has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company currently does not know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this communication. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Investor Relations Contact

[email protected] 

Media Contact

[email protected] 

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SOURCE Lucid Group

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ICL Group Announces Launch of Senior Notes Offering

ICL Group Announces Launch of Senior Notes Offering

TEL AVIV, Israel–(BUSINESS WIRE)–ICL Group Ltd. (NYSE & TASE: ICL)(the “Company” or “ICL”) hereby announces that it has commenced an offering (the “Offering”) of new unsecured senior notes (the “Notes”), the amount and terms of which have yet to be determined. The Company intends to use the net proceeds from the Offering for general corporate purposes, including the repayment, in part or in full, of outstanding borrowings under its revolving credit facility which matures in April 2030 (the “Revolving Credit Facility”) (following such repayment, the Revolving Credit Facility will remain available to ICL in accordance with its terms), the repayment of other debt, capital expenditures, investments and acquisitions, supporting our strategy.

If the Offering is completed, the Notes that are issued will be rated. ICL is rated BBB- with stable outlook by the international rating agencies Standard & Poor’s and Fitch Rating Ltd. ICL intends to file an application with the Tel Aviv Stock Exchange Ltd. (“TASE”) for registration of the Notes for trading on the institutional investor trading platform operated by TASE (known as “TASE UP”) and the approval of the registration is a condition to completion of the Offering. Completion of the Offering is subject to market conditions.

The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Unless they are registered under the Securities Act or the securities law of any applicable state, Israel or any other jurisdiction, the Notes may not be offered or sold within the United States, Israel or to, or for the benefit of, U.S. Persons (as defined in Regulation S under the Securities Act), or to any Israeli residents, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, applicable state securities laws, the Israeli Securities Law, 1968 (the “Israeli Securities Law”) and applicable laws of other jurisdictions.

Accordingly, ICL is offering and selling the Notes only (a) in the United States to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A) (“QIBs”), in compliance with Rule 144A; and (b) in offshore transactions complying with Regulation S to persons reasonably believed to be Qualifying Investors. “Qualifying Investor” means a non-U.S. person (within the meaning of Regulation S under the Securities Act) that is also: (i) a QIB, (ii) an institutional investor as set forth in Section 15A(b)(1) of the Israeli Securities Law and that has provided the requisite certification under the First Addendum to the Israeli Securities Law or complies with the criteria of the Israel Securities Authority for investors incorporated outside Israel as set forth in Section 15A(b)(2) of the Israeli Securities Law (a “Qualified Israeli Investor”) or (iii) a person described in sub-paragraph (1) of Section I of Annex II to Directive 2014/65/EU (as amended, “MiFID II”) who is authorized or regulated by a member state (“Member State”) of the European Economic Area or a person described in sub-paragraph (3) of Section I of Annex II to MiFID II (a “Qualified European Investor”) or a person described in sub-paragraph 3(a) of Schedule 1 to Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (“UK MiFIR”) who is authorized or regulated in the United Kingdom or a person described in sub-paragraph 3(c) of Schedule 1 to UK MiFIR (a “Qualified UK Investor”); provided that in relation to offers of Notes in any Member State or the United Kingdom, “Qualifying Investor” shall only include Qualified European Investors or Qualified UK Investors, as applicable; in the case of the European Economic Area, such offers will be subject to Article 2(e) of the Regulation (EU) 2017/1129 and, in the case of the United Kingdom, paragraph 15 of Schedule 1 to the Public Offers and Admissions to Trading Regulations 2024 (the “POATRs”).

In addition, in the United Kingdom, the offering memorandum has not been approved for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA”) by an authorized person under FSMA. In the United Kingdom, the offering memorandum and any other material in relation to the securities described therein are being distributed only to, and are directed only at, persons who are “qualified investors” (as defined in paragraph 15 of Schedule 1 to the POATRs) who are (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Financial Promotion Order”), (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Financial Promotion Order, or (iii) any other person to whom it may otherwise lawfully be distributed (all such persons together being referred to as “Relevant Persons”). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be made only with, Relevant Persons. The offering memorandum and its contents are confidential and should not be distributed, published or reproduced (in whole or in part) or disclosed by any recipients to any other person in the United Kingdom. Any person in the United Kingdom that is not a Relevant Person should not act or rely on the offering memorandum or its contents.

Prohibition of Sales to EEA Retail Investors – The Notes described in this announcement are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.

MiFID II Product Governance / Professional Investors and ECPs Only Target Market – Solely for the purposes of the manufacturer’s product approval process, the target market assessment in respect of the securities has led to the conclusion that: (i) the target market for the securities is eligible counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of the securities to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the securities (a “distributor”) should take into consideration the manufacturer’s target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the securities (by either adopting or refining the manufacturer’s target market assessment) and determining appropriate distribution channels.

Prohibition of Sales to UK Retail Investors – The Notes described in this announcement are not intended to be offered, sold, distributed or otherwise made available to and should not be offered, sold, distributed or otherwise made available to any retail investor in the United Kingdom. For these purposes, a retail investor means a person who is either one (or both) of the following: (i) not a professional client, as defined in point (8) of Article 2(1) of UK MiFIR; or (ii) not a qualified investor as defined in paragraph 15 of Schedule 1 to the POATRs. Consequently, no disclosure document required by the FCA Product Disclosure Sourcebook (“DISC”) for offering, selling or distributing the securities or otherwise making them available to retail investors in the United Kingdom has been prepared and therefore offering, selling or distributing the securities or otherwise making them available to any retail investor in the United Kingdom may be unlawful under DISC and the Consumer Composite Investments (Designated Activities) Regulations 2024.

UK MIFIR Product Governance / Professional Investors and ECPs Only Target Market – Solely for the purposes of each manufacturer’s product approval process, the target market assessment in respect of the securities has led to the conclusion that: (i) the target market for the securities is only eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook (“COBS”), and professional clients, as defined in UK MiFIR; and (ii) all channels for distribution of the securities to eligible counterparties and professional clients are appropriate. A distributor, being a person subsequently offering, selling or recommending the securities, should take into consideration the manufacturers’ target market assessment; however, a distributor subject to the FCA Handbook Product Intervention and Product Governance Sourcebook (the “UK MiFIR Product Governance Rules”) is responsible for undertaking its own target market assessment in respect of the securities (by either adopting or refining the manufacturers’ target market assessment) and determining appropriate distribution channels.

This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to purchase the Notes or any other securities, nor shall it constitute an offer, solicitation or sale of the Notes in any state or jurisdiction in which such offer, solicitation or purchase would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. The Offering is being made solely pursuant to an offering memorandum, which sets forth the terms of the Offering. The securities rating included herein is not a recommendation to buy, sell or hold Notes and may be subject to revision or withdrawal at any time.

The Notes may be offered in the State of Israel only to Qualified Israeli Investors in reliance on an exemption from the requirement to file a prospectus pursuant to Sections 15A(b)(1) and 15A(b)(2) of the Israeli Securities Law. Accordingly, no prospectus will be filed in the State of Israel in connection with the Offering.

About ICL

ICL Group Ltd. is a global leader in agriculture, food and industrial solutions, utilizing its unique mineral resources and extensive expertise to address key sustainability challenges related to food security and access to essential minerals. ICL is focused on driving long-term growth through its specialty agriculture and food businesses, while strategically managing its bromine, potash and phosphate mineral resources. ICL’s global professional workforce is dedicated to expanding its growth engines and efficiently operating – both structurally and economically – while maintaining and optimizing its core operations. The Company’s operations are organized under four segments: Industrial Products, Potash, Phosphate Solutions and Growing Solutions. ICL shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The Company employs more than 12,000 people worldwide, and its 2025 revenues totaled approximately $7 billion. For more information, visit the Company’s website at www.icl-group.com.

Forward-Looking Statements

This press release contains forward-looking statements as to ICL’s expectations concerning the Offering, as well as information regarding ICL’s debt maturity profile, but actual results could vary based on conditions in the capital markets and other factors described under “Risk Factors” in ICL’s Annual Report on Form 20-F for the year ended December 31, 2025 and other reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release publicly the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof, including, without limitation, changes in ICL’s business or acquisition strategy or planned capital expenditures, or to reflect the occurrence of unanticipated events.

Investor and Press Contact – Global

Peggy Reilly Tharp

VP, Global Investor Relations

+1-314-983-7665

[email protected]

Investor and Press Contact – Israel

Adi Bajayo

VP, ICL Spokesperson and Israel IR

+972-3-6844459

[email protected]

KEYWORDS: Israel Middle East

INDUSTRY KEYWORDS: Agriculture Natural Resources Mining/Minerals

MEDIA:

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Sapiens welcomes ADIA as an investor

PR Newswire

Investment accompanies accelerated AI strategy for insurers and the opening of global AI Customer Experience Labs

  • Welcomes new investment from Abu Dhabi Investment Authority following acquisition by Advent last year
  • Accelerates its AI strategy for the insurance sector through the launch of its Insurance Agentification programme
  • Opens AI Customer Experience Lab in new London head office with a second to follow in the USA 

LONDON, June 1, 2026 /PRNewswire/ — Sapiens International Corporation N.V. (“Sapiens” or “the Company”) today announces that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) has invested in Sapiens and become a significant minority shareholder in the Company. The investment marks a further step in Sapiens’ growth under Advent’s ownership and the acceleration of its AI strategy for the insurance sector.

Sapiens provides mission critical operating systems for over 600 insurance companies globally. Its software is built by industry experts with deep knowledge of insurance operations, as well as regulatory, compliance and security requirements. Sapiens’ agentic platforms help insurers automate the manual workflows surrounding these systems, improving execution efficiency and accuracy across policy underwriting, claims management, pricing & risk management, and billing.

Sapiens delivers work through its agentic product suite – including Agentic Claims, Agentic Underwriting, and Agentic Policy – built on the Central Agentic Framework, which connects insurers’ core systems to their AI strategy through a single, governed insurance ontology.

In addition, Sapiens moves its Company’s headquarters to central London. The new offices, located in Holborn’s Space House, reflect Sapiens’ growing focus on one of the world’s leading insurance markets. The office will serve not only as the company’s global headquarters, but also as an AI Customer Experience Lab, where insurers can work directly with Sapiens’ teams to explore and test AI applications tailored to the industry.

The location will also strengthen Sapiens’ ability to access and attract AI talent, as it continues to grow its forward deployment group, which is working with customers to deploy and scale agentic systems responsibly. Sapiens has also confirmed plans to open a second AI Customer Experience Lab in the US later this year, focused on the North American insurance markets.

“AI powered hyper-relevance is the new competitive advantage for insurers, and we are enabling this through agile intelligence and the ability to make decisions at the speed of thought. This will revolutionise how insurers compete, how they go to market, and ultimately, how they serve the people who buy their products. Our new offices are designed to deepen our collaboration with leading global insurance institutions at a time of enormous technological change for the industry,” said Mike Ettling, Executive Chairman and interim CEO, Sapiens.

“Insurers have a significant opportunity to improve customer satisfaction, growth, and profitability through the effective use of AI. Helping insurers capture this opportunity is Sapiens’ primary focus. Advent and ADIA are pleased to support Sapiens as it accelerates investment across its teams, products, and operating infrastructure, including the new London headquarters, to achieve this mission,” said Douglas Hallstrom, Managing Director, Advent.

About Sapiens

Sapiens International Corporation N.V. is a global leader of AI-centric, SaaS-based insurance software, delivering hyper-relevant experiences that are efficient, compliant, and innovative. With agile intelligence, Sapiens’ solutions turn real-time data and human insight into precise action at every moment, across every risk. The Sapiens platform includes agentic workflows accelerating every capability across policy, underwriting, claims, reinsurance, decisioning, and finance and compliance. With more than 600 insurers in over 30 countries running on Sapiens, our deep industry expertise is the foundation of our long-term relationships, from initial implementation through to modernization and market transformation. Sapiens is headquartered in London, serving customers in property and casualty, life, reinsurance, specialty, and workers’ compensation from offices across North America, Europe, Asia Pacific and the Middle East including Israel where the company was founded. For more information, please visit Sapiens.com, or follow us on LinkedIn. 

Media Contact
Charlotte Otter Chief Communications Officer, Sapiens
Mobile: +0049-175-7072411
Email: [email protected] 

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SOURCE Sapiens International Corporation

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USA Rare Earth Expands Commitment to France with Plans for Additional Investment in the French Rare Earth Ecosystem

This planned investment would support the accelerated growth of the French separation, metal, alloy and magnet making ecosystem

PARIS, June 01, 2026 (GLOBE NEWSWIRE) — USA Rare Earth, Inc. (Nasdaq: USAR) (the “Company”), today announced that it intends to expand its metal, alloy and magnet making investment in France. This would build upon the Company’s previously announced French initiatives, which include a Less Common Metals (LCM) rare earth metal and alloy production facility at Lacq, and a strategic investment in Carester SAS (alongside InfraVia Capital Partners) to support allied rare earth processing capacity.

USA Rare Earth’s additional investment in France, which aligns with the Company’s planned agreements with the U.S. Department of Commerce, could exceed approximately €175 million through 2030 and could provide over 300 new jobs in the region. This investment would be in conjunction with French government incentives, such as the C3IV program, and with the potential of additional French government support including debt guarantees and possibly a direct equity investment into the USAR European subsidiary.

Speaking at the Choose France summit in Paris, Barbara Humpton, Chief Executive Officer of USA Rare Earth, confirmed that these strategic initiatives were underway, with magnet making in France as a key goal of the company.

“At USA Rare Earth, we are committed to creating resilient, regional operations as we build out the mine-to-magnet value chain. France is an attractive location, with a strong combination of industrial infrastructure, a re-emerging rare earth processing cluster, skilled workforce, and the policy support to rebuild critical minerals capability,” said Humpton. “We look forward to working closely with the French government and the broader European industrial community to make this a reality.”

Additional strategic investment in this vital French ecosystem would further extend USA Rare Earth’s planned operations in the country and reinforce the critical importance of the Lacq industrial cluster.

About USA Rare Earth, Inc.

USA Rare Earth, Inc. (Nasdaq: USAR) is building a fully integrated rare earth and permanent magnet value chain across the United States, the United Kingdom, France and Brazil. Through its ownership of Less Common Metals (LCM), one of the world’s leading producers of rare earth metals and alloys; its development of magnet manufacturing capacity in Stillwater, Oklahoma; the Pela Ema mine in Brazil (subject to closing the proposed acquisition of Serra Verde Group (“SVG”); and the Round Top deposit in Texas, USA Rare Earth operates across the entire value chain from mining to metal-making, alloy production and neodymium magnet manufacturing. USA Rare Earth is establishing a secure, Western-aligned supply of materials essential to the aerospace and defense, semiconductor, energy, data center, physical AI, mobility, healthcare and industrial sectors.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include those relating to the Company’s plans, intentions, and expectations with respect to potential magnet manufacturing operations in France, the LCM facility at Lacq, and the planned investment in Carester SAS. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. Words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “growth,” “intend,” “may,” “might,” “plan,” “potential,” “project,” “propose,” “should,” “target,” “will,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements are subject to risks and uncertainties and potentially inaccurate assumptions that could cause actual results to differ materially from our expectations, including without limitation: the risk that the Company does not proceed with any such plans or investments in France, that the scope, location, timing, structure, or terms differ materially from those currently contemplated, or that required approvals or closing conditions are not obtained or satisfied; risks that the proposed transactions with SVG, Carester SAS and Texas Mineral Resources Corp. may not be consummated on their anticipated timelines or at all; we may not realize the anticipated benefits of our proposed and prior acquisitions, including expected synergies, financial performance, estimated EBITDA and, in the case of SVG, integration of operations, on the anticipated timeline or at all; the ability of our Stillwater magnet manufacturing facility to commence commercial operations on the timing and with the production capacity anticipated or at all; our limited operating history; our ability to commercially extract minerals from the Round Top deposit on our anticipated timeline or at all; risks that we may experience delays, unforeseen expenses, increased capital costs, and other complications in operating our business; our ability to raise necessary capital on acceptable terms or at all; potential dilution to existing stockholders and adverse effect on our stock price if we issue additional common stock or equity-linked securities; the volatility of our stock price; our ability to enter into definitive agreements for the proposed U.S. Government financing, which is subject to conditions precedent and final government approvals, on the anticipated terms or at all and, if executed, to satisfy the milestones and other conditions of such financing, which could impose conditions to access such financing over a period of time; the availability of rare earth oxide, metal feedstock and other materials, utilities (including power and water) and equipment in quantities and prices that allow us to develop and commercially operate our Stillwater facility and other facilities; our ability to meet individual customer specifications and manufacture a consistently high quality product; fluctuations in demand for and prices of our products, including without limitation as a result of dumping, predatory pricing and other tactics by the Company’s competitors or state actors or the overall competitive environment; our ability to achieve positive cash flow or profitability or the ability to access cash flow within our corporate structure due to restrictions contained in our financing agreements; our ability to convert current commercial discussions and/or memorandums of understanding with customers for the sale of our neodymium magnets and other products into definitive orders; geopolitical developments or disruptions, such as changes in the political environment, export/import or environmental policy of the People’s Republic of China, the United States or other countries in which we operate or sell products or otherwise; war, terrorism, natural disasters or public health emergencies; our ability to retain or recruit key personnel; environmental, health and safety regulations; and our ability to comply with requirements for federal, state and local government incentives and financing.

Additional risks and detailed information regarding factors that may cause actual results to differ materially has been and will be included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s most recently filed Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q and subsequent filings. Any forward-looking statements speak only as of the date of this press release (or such other date as is specified in such statements), and the Company undertakes no obligation to update any forward-looking statements as a result of new information or future developments except as required by law.

Investor Contact:
J.B. Lowe, CFA
Head of Investor Relations, USA Rare Earth
[email protected]

Media Contact:
Collected Strategies
[email protected]



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Datavault AI Signs $2.0 Billion Structured Financing Term Sheet With Exclusive Global Tokenization Mandate

Datavault AI Signs $2.0 Billion Structured Financing Term Sheet With Exclusive Global Tokenization Mandate

  • Counterparty agrees to route its global digital asset tokenization and blockchain infrastructure initiatives exclusively through Datavault AI’s patented platform.

  • Financing is anchored by an approximately $2.0 billion portfolio of fixed income securities contributed by an institutional investment fund and a UK-based regulated structured institutional investment platform.

  • The proposed transaction is expected to value Datavault AI shares at $1.55 to $2.00 per share, subject to definitive agreements and an acceptable independent valuation.

PHILADELPHIA–(BUSINESS WIRE)–Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (“RWA”) tokenization technologies, today announced the execution on May 30, 2026 of a non-binding term sheet relating to a potential $2.0 billion dilutive structured financing transaction, pursuant to which the Company may issue shares at a purchase price of $1.55 to $2.00 per common share to an institutional investment fund and a UK-based regulated structured institutional investment platform operating across technology, mining, and real assets (together, the “Counterparty”), in exchange for preferred units in an investment vehicle holding a portfolio of fixed income securities valued at approximately $2.0 billion (the “fixed income vehicle”). The proposed transaction is intended to provide Datavault AI with a structured pathway to access secured financing to support the Company’s digital asset exchanges by establishing a collateral base through the Company’s acquisition of preferred units in the fixed income vehicle.

Strategic Exclusivity

Pursuant to the provisions of the term sheet, the Counterparty has agreed that all of its digital asset tokenization projects and related blockchain infrastructure initiatives worldwide will be handled exclusively through Datavault AI’s patented platform, unless otherwise agreed, establishing a long-term operational partnership alongside the capital commitment.

The proposed transaction described herein is based solely on a non-binding term sheet. No definitive agreements have been executed, and there can be no assurance that definitive agreements will be executed or that the proposed transaction will be consummated. The term sheet does not obligate the parties to complete the proposed transaction and may be terminated by either party at any time, except with respect to certain limited provisions that are binding.

The proposed financing is structured as an asset-backed transaction rather than a conventional cash placement. The capital base is anchored by an approximately $2.0 billion portfolio of fixed income securities held through the investment vehicle and contributed by an institutional investment fund and a UK-based regulated structured institutional investment platform that operates across technology, mining, and real assets. The Company expects this collateral base, once established, to support a secured borrowing facility dedicated to funding its digital asset exchange initiatives.

The transaction is anticipated to be structured across four successive tranches of up to $500 million in value for each tranche, up to $2.0 billion in total, with the initial tranche targeting completion by the third quarter of 2026. It is currently anticipated that, upon the closing of each tranche, the Counterparty would be entitled to nominate one additional director, in replacement of a then-seated director on the Datavault AI board of directors, which is anticipated to remain fixed at nine directors. Upon the closing of the final tranche, the Counterparty would be entitled to nominate an additional director (in addition to its right to nominate one director in connection with the closing of such tranche), also in replacement of a then-seated director. Accordingly, as contemplated by the non-binding term sheet, upon the closing of the final tranche, the Counterparty would gain sufficient voting power to elect a majority of the Datavault AI board of directors.

Pursuant to the term sheet, Datavault AI is obligated to fund $25.0 million in administrative, operational, and structuring-related costs and expenses for each tranche, and has a binding obligation to make the first $25.0 million non-refundable payment by wire transfer by June 4, 2026. The source of funds will come from the sale of bitcoin and receivables.

The proposed transaction remains subject to negotiation and execution of definitive agreements, completion of due diligence to the satisfaction of the parties, approval by Datavault AI shareholders, regulatory approvals (including applicable antitrust clearance and confirmation that the Committee on Foreign Investment in the United States has concluded its review without action by the President of the United States to block or prevent the proposed transaction), and the fulfillment of customary closing conditions, including a charter amendment to increase the number of authorized shares of capital stock of Datavault AI and receipt of a fairness opinion regarding the proposed transaction. There can be no assurance that definitive agreements will be executed or that the proposed transaction will be completed on the terms described herein or at all.

“This is a major milestone and recognition of Datavault AI’s capabilities. We hold the patents, we have the contracts, and the proposed structured financing transaction, if completed, would provide the opportunity to scale at the speed this regulated market demands. The tokenized data economy is not emerging; it is here. Datavault AI is building the compliant token infrastructure that powers it,” said Nathaniel T. Bradley, CEO of Datavault AI.

Datavault AI’s position in the tokenization economy rests on more than 100 issued U.S. patents, the foundation that converts capital into defensible market leadership. That portfolio includes the industry-defining Tokenization Patents, foundational blockchain content licensing, DataValue®, DataScore®, and Data Vault Bank™, which are AI agents that deliver patented, AI-validated data scoring, valuation, and monetization. At the core of the Company’s exchange technology now sits NYIAX, an institutional-grade exchange built on the architecture and trading infrastructure of a leading global financial technology company serving capital markets, anchored in four jointly owned patents granted from 2020 through 2025 (U.S. Patent Nos. 10,607,291; 11,410,236; 11,861,707; and 12,198,193).

The SanQtum quantum-ready distributed GPU edge network is live in New York and Philadelphia, operating on a zero-trust architecture that allows greater bandwidth, reliability, and security at lower cost through local data handling. As reported in the Company’s May 15, 2026, first-quarter 2026 business update, first-quarter 2026 revenue increased 443% year over year, and the Company continues to maintain a full-year 2026 revenue target of at least $200 million, representing projected growth of approximately 400% year over year.

Use of Proceeds

The proposed structured financing transaction, if completed, would support three operational priorities:

  • Deployment of the SanQtum quantum-ready distributed GPU edge network toward approximately 48,000 GPUs across 100 U.S. cities by year-end 2026.

  • Acceleration of the Information Data Exchange® (IDE), International Elements Exchange (IEE), and NYIAX exchange platforms.

  • Servicing of existing debt obligations ahead of planned exchange launches.

The Digital Asset Market Clarity Act of 2025 (the “CLARITY Act”) cleared the Senate Banking Committee on May 14, 2026, in a 15-9 bipartisan vote and has now passed both Senate committees, awaiting a Senate floor vote before it can proceed to the President. Datavault AI’s exchange platforms are already being planned to align positively with this new regulatory environment.

A joint April 2025 report by Boston Consulting Group and Ripple projects the tokenized real-world asset market to reach $18.9 trillion by 2033 ($9.4 trillion by 2030) at a compound annual growth rate of 53%, per the Ripple and BCG analysis (April 2025). Datavault AI’s Information Data Exchange® (IDE), International Elements Exchange (IEE), and SanQtum platforms are designed as asset-agnostic infrastructure for this market, built to process, secure, and monetize tokenized assets across commodities, real estate, intellectual property, biotech, and government data.

Path to Market

Q1-Q2 2026 – Momentum Established

  • 443% revenue growth year over year in the first quarter of 2026.

  • SanQtum GPU edge network live in New York and Philadelphia on a zero-trust architecture.

  • $60 million registered direct offering closed, bringing working capital to approximately $140 million.

  • $120 million in non-dilutive funding anticipated from Scilex Holding Company.

  • $800 million in tokenization contracts already signed in 2026.

May 30, 2026 – Structured Financing Term Sheet

  • Term sheet executed for the proposed structured financing transaction to support Datavault AI’s RWA tokenization strategies.

H2 2026 – Platform and Infrastructure at Scale

  • Initial $500 million tranche anticipated to close by the third quarter of 2026 and to be deployed for IDE, International Elements Exchange (IEE), and the anticipated launch of the NYIAX exchange.

  • SanQtum network targeted to reach 100 U.S. cities, with approximately 48,000 GPUs targeted for deployment.

2027 – Full Capital Deployment

  • Anticipated closings of tranches two, three, and four of the proposed structured financing transaction.

  • Assuming the closing of all tranches and the Company’s ability to arrange financing secured by the collateral base established thereby, the Company anticipates that SanQtum, IDE, International Elements Exchange (IEE), and NYIAX would be fully funded and operational.

  • Global exclusivity: the Counterparty’s digital asset tokenization projects handled through Datavault AI’s platform.

2030-2033 – Market Leadership

  • Datavault AI’s patent portfolio of more than 100 issued U.S. patents positions IDE, International Elements Exchange (IEE), SanQtum, and NYIAX as foundational infrastructure across commodities, real estate, intellectual property, biotech, carbon credits, and government data.

About Datavault AI Inc.

Datavault AI™ (NASDAQ:DVLT) is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions.

Datavault AI’s Acoustic Sciences division features WiSA®, ADIO®, and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization.

Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange® enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. The Company’s technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring.

The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at https://dvlt.ai.

Forward-Looking Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. (“Datavault AI,” the “Company,” “us,” “our,” or “we”) and our industry that involve risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the proposed transaction described herein, including, without limitation, the proposed issuance of shares of the Company’s capital stock to the Counterparty, the proposed acquisition of interests in the fixed income vehicle, the anticipated secured borrowing facility and the intended use of proceeds thereof, the strategic exclusivity arrangement, the anticipated strategic and financial benefits of the proposed transaction, the expected timeline for negotiation of definitive agreements, completion of due diligence and closing, the anticipated receipt of required shareholder approval and regulatory clearances, the anticipated board composition following the proposed transaction, the Company’s revenue target for full-year 2026, the Company’s market position and competitive strategy in the tokenization sector, and the projected direction and market impacts of regulatory changes with respect to digital assets, and are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain.

Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein.

Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: failure to negotiate and execute definitive agreements on terms acceptable to the parties, or at all; failure to complete due diligence, including review of the fixed income vehicle and its underlying portfolio, to the satisfaction of the Company; failure to obtain required regulatory approvals, including applicable antitrust clearance, or the imposition of adverse conditions in connection therewith; failure to obtain the required approval of the Company’s shareholders; failure to obtain required consents or waivers under the Company’s existing agreements and debt instruments, including in respect of change of control provisions; failure to obtain a secured borrowing facility on acceptable terms or at all, including the risk that lenders do not accept the fixed income vehicle interests as eligible collateral; decline in the value of the fixed income vehicle interests or the underlying portfolio, including as a result of credit deterioration, rising interest rates, or illiquidity; uncertainty regarding the accounting treatment of the proposed transaction; risks related to the Investment Company Act of 1940, as amended; the non-binding nature of certain provisions of the term sheet, including the right of either party to terminate discussions at any time prior to execution of definitive agreements, with the potential complete loss of the non-refundable $25.0 million structuring expenses to be paid by the Company; delays in the execution of definitive agreements, completion of due diligence, receipt of required approvals, or satisfaction of closing conditions; the potential dilutive effect on existing shareholders of the proposed issuance of shares representing more than 50% of the Company’s current outstanding voting capital stock; risks related to the change of control of the Company that would result from the proposed transaction; risks related to the tax treatment of the proposed transaction; risks related to the Company’s ability to achieve or maintain market leadership in the tokenization sector; changes in market demand for Datavault AI’s services and products; changes in economic, market, or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; risks associated with technological development and integration; and other risks as more fully described in Datavault AI’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025 and other filings available at www.sec.gov, and could cause actual results to vary from expectations.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements, except as required by law.

Industry and Market Data

Within this press release, we reference information and statistics regarding the market for our products. We have obtained some of this information and statistics from various independent third-party sources, including independent industry publications, reports by market research firms, and other independent sources. Some data and other information contained in this press release are also based on management’s estimates and calculations, which are derived from our review and interpretation of internal surveys and independent sources. Data regarding the industries in which we compete and our market position and market share within these industries are inherently imprecise and are subject to significant business, economic, and competitive uncertainties beyond our control, but we believe they generally indicate size, position, and market share within this industry. While we believe such information is reliable, we have not independently verified any third-party information. While we believe our internal company research and estimates are reliable, such research and estimates have not been verified by any independent source. In addition, assumptions and estimates of our and our industry’s future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors. These and other factors could cause our future performance to differ materially from our assumptions and estimates. As a result, you should be aware that market, ranking, and other similar industry data included in this press release, and estimates and beliefs based on that data, may not be reliable.

Trademarks, Trade Names, Service Marks, and Copyrights

We own or have rights to use various trademarks, tradenames, service marks, and copyrights, which are protected under applicable intellectual property laws. This press release also contains trademarks, tradenames, service marks, and copyrights of other companies, which are, to our knowledge, the property of their respective owners. Solely for convenience, certain trademarks, tradenames, service marks and copyrights referred to in this press release may appear without the ©, ®, and ™ symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensors to these trademarks, tradenames, service marks and copyrights. We do not intend our use or display of other parties’ trademarks, tradenames, service marks, or copyrights to imply, and such use or display should not be construed to imply a relationship with, or endorsement or sponsorship of us by, these other parties.

Media Contact:

[email protected]

Investor Contact:

Edward Barger

VP, Investor Relations

[email protected] | [email protected]

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INDUSTRY KEYWORDS: Software Networks Internet Professional Services Blockchain Fintech Data Management Technology Artificial Intelligence Cryptocurrency Web3 Finance

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Supermicro Introduces DCBBS Blueprints for NVIDIA Vera Rubin NVL72 and NVIDIA HGX™ Rubin NVL8, Built to Scale from 5MW to 1GW as an End-to-End Total Solution

PR Newswire

  • End-to-End Blueprint Scalable from a 5MW to 1GW Power Envelope with full facility-side infrastructure for either single-tenant or multi-tenant deployments
  • DLC-2 Direct Liquid Cooling: engineered for near total heat capture, power efficiency, and lower noise with full stack integration of cold plates, CDUs, manifolds, rear door heat exchangers, cooling towers, and SMC PG25-A ultra-high electrical impedance coolant
  • Management Software Suite: End-to-end SuperCloud software delivers unified infrastructure control, deployment automation, developer tools, and multi-tenant GPU cloud management
  • In-Rack, In-Row, and Site Infrastructure Solutions covering every deployment layer from rack integration to in-row CDUs and SuperCluster configurations, to site-level infrastructure
  • Dedicated Team of Supermicro Experts manage the complete deployment lifecycle: site survey, project design, integration, deployment, and ongoing support
  • Supporting NVIDIA’s latest reference architecture integrating NVIDIA Context Memory Storage Platform, NVIDIA Spectrum™-X Ethernet, and NVIDIA Quantum-X800 InfiniBand Platform

SAN JOSE, Calif. and TAIPEI, Taiwan, June 1, 2026 /PRNewswire/ — Super Micro Computer, Inc. (NASDAQ: SMCI), a Total IT Solutions provider for AI, Cloud, Storage, and 5G/Edge, introduces Data Center Building Block Solutions (DCBBS) Blueprints based on the NVIDIA Vera Rubin NVL72 and the NVIDIA HGX Rubin NVL8 platforms. The Blueprints are designed for gigawatt-scale AI data center deployment, starting from building blocks of a single 1,152-GPU scalable unit that can be multiplied to virtually any size. Supermicro’s DCBBS Blueprints include the design and delivery of an end-to-end total solution with a dedicated team of experts covering the full deployment lifecycle. DCBBS provide the necessary compute, storage, networking, advanced liquid cooling, power distribution, and site infrastructure, accelerating time-to-online for large-scale liquid-cooled AI Factories.

“The NVIDIA Vera Rubin NVL72 platform sets a new standard for AI factory performance, and our DCBBS Blueprints give customers a proven, end-to-end path to build at any scale — from 5MW to 1GW,” said Charles Liang, president and CEO of Supermicro. “We have delivered some of the earliest and largest liquid-cooled AI factories, and that experience is built into every Blueprint — so our customers can move from design to fully operational faster than ever before.”

Supermicro’s DCBBS Blueprints address the challenges of the practical implementation behind the most advanced AI infrastructure in the world. The NVIDIA Vera Rubin platform vastly improves AI Factory performance density, doubling speeds across multiple computing domains. NVIDIA’s latest reference architecture precisely defines what an ideal 1,152-GPU scalable unit should contain —a Supermicro’s DCBBS Blueprint defines the steps to achieve deployment success, with a proven track record for deploying the world’s largest liquid-cooled AI factories featuring over 100,000 GPUs.

For more information on DCBBS, visit https://www.supermicro.com/en/solutions/dcbbs

Supermicro’s DCBBS Blueprint Addresses the Reality of AI Factory Implementation

Customers planning AI factory buildouts or retrofits start from a fixed constraint: available power. DCBBS Blueprints for NVIDIA Vera Rubin NVL72 features a balanced bill-of-materials for a given power envelope, ranging from 5MW to 1GW, and provides the right ratio of cooling capacity, power delivery, compute nodes, management nodes, high-performance storage nodes, context memory storage platform nodes, and networking to ensure optimal performance due to bottlenecks such as network oversubscription, power capacity limitations, thermal throttling or other encumbrances.

The Blueprints cover the full end-to-end sequence that Supermicro has successfully used to complete large-scale AI projects at record-breaking speeds:

  • On-site facility surveys are conducted by the Supermicro dedicated team to analyze the physical site against the deployment requirements. Surveys include assessment of loading dock access, data hall measurements and clearances, floor plan, floor load ratings, and more. The site is assessed for existing prospective power and cooling infrastructure to accurately inform Supermicro’s design proposal, tailored to each customer project.
  • Project design and proposals include all critical details into a specific buildout plan customized to the customer’s requirements and facility constraints. Supermicro defines the right combination of DCBBS components, including the cooling solution (in-row CDUs up to 1.8MW for fully direct liquid-cooled compatible facilities, liquid-to-air sidecars for facilities without facility water infrastructure, in-rack CDU options based on a 52U rack configuration are currently in development, and rear-door heat exchanger options are available as a supplementary option for environments with higher ambient temperatures). Customers receive a complete proposal with a transparent bill of materials and a clear deployment timeline.
  • Solution Integration with Full On-Site Service: Supermicro’s solution integration process starts well before on-site delivery, with much of the heavy-lifting happening in Supermicro’s US-based manufacturing facilities. This includes the processes of racking, stacking, and cabling within each rack. Supermicro verifies functionality with a testing process that exceeds industry standards, extending to system-level (L10) and cluster-level (L11) multi-node tests. The Supermicro dedicated team manages the logistics of site-level components such as CDUs, cooling towers, and power infrastructure, including coordination with any third-party vendors of the customer’s choice, if applicable. Integration delivery service and on-site integration include rack placement, power and cooling connections, network cabling, system commissioning, software stack installation, and on-site solution validation.
  • Support, Services, and Software provide a range of continued on-site options for long-term success, including on-site response times as fast as 4 hours for mission-critical uptime requirements. Integration with Supermicro’s software suite of infrastructure. management tools are available, including Supermicro’s SuperCloud Composer® and SuperCloud Director for unified infrastructure control ranging from bare-metal management to multi-tenant workload orchestration, and NVIDIA’s full AI software stack including NVIDIA AI Enterprise and NVIDIA Run:ai. Asset tracking features ensure physical asset information and sensor data for every CDU, and other components, are readily available.

Supermicro’s DCBBS Blueprints Align with the Reference Architecture for NVIDIA Vera 
Rubin NVL72

The NVIDIA Vera Rubin platform has the potential for transformative generational performance improvements but requires a repeatable and dependable approach to deploy successfully. Supermicro ensures alignment with the latest NVIDIA reference architecture, giving customers confidence that their deployment aligns with the NVIDIA Cloud Partner ecosystem.

The scalable units at the heart of the Supermicro DCBBS Blueprints provide 1,152 NVIDIA   Rubin GPUs with 331TB of HBM4 GPU memory. The Vera Rubin generation doubles GPU memory bandwidth, GPU-to-GPU NVLink bandwidth, and per-GPU networking bandwidth compared to NVIDIA Blackwell, providing the architectural foundation for training and inference of frontier AI models with multiple trillions of parameters.

  • Advanced Direct Liquid Cooling technology stack (DLC-2), including 5MW cooling towers, 4x in-row cooling distribution units (up to 1.8MW each), 16x vertically mounted cooling distribution manifolds, and 576 direct-to-chip copper cold plates (1 per every host processor module). Featuring Supermicro SMC PG25-A coolant engineered to deliver exceptional chemical and thermal stability. Liquid-to-air options will be available to support Vera Rubin NVL72 deployment in facilities without liquid cooling infrastructure, including a 200kW option supporting one rack and a 500kW option supporting two racks.
  • Power Distribution Infrastructure from medium-voltage transformers through low-voltage distribution, rack-level power shelves, and battery backup units (BBUs). Each Vera Rubin NVL72 rack includes four 110 kW power shelves with redundant 18.3 kW power supply units. The DCBBS portfolio supports mission-critical data centers, with options including Supermicro’s Battery Energy Storage System (BESS) providing instant-switching backup power.
  • 48U and 52U rack enclosure options optimized for high-density direct liquid cooling.
  • 16x
    compute
    racks optimized for the NVIDIA Vera Rubin NVL72 and NVIDIA HGX Rubin NVL8 platforms.
  • 6x networking racks (4x compute, 2x converged) support NVIDIA Spectrum-X Ethernet or NVIDIA Quantum-X800 InfiniBand up to 1.6TB/s for the compute fabric. Options will be available for silicon photonics networking with co-packaged optics (CPO) for improved operational cost, power efficiency, and resiliency without pluggable transceivers.
  • 4x high performance storage racks based on the Supermicro Petascale server platform for NVMe-tier application storage, model training checkpointing, and more.

2x context memory storage platform racks streamlined to handle the needs of long-context inference, agentic working memory, and retrieval workloads.

For more information visit https://www.supermicro.com/en/accelerators/nvidia/vera-rubin.

Supermicro’s DCBBS Blueprint Ensures Single-Vendor Accountability
A typical AI infrastructure buildout involves more than a dozen distinct supplier relationships across compute, storage, networking, racks, cooling distribution, cooling towers, power infrastructure, battery backup, cabling, transceivers, and services. When these relationships are managed across multiple vendors, every vendor handoff introduces schedule risk and accountability gaps that slow deployments and complicate troubleshooting processes.

The DCBBS Blueprints for NVIDIA Vera Rubin NVL72 and NVIDIA HGX Rubin NVL8 are now available for customer engagements with deployments scheduled for the second half of 2026 aligned with NVIDIA Vera Rubin general availability. Supermicro will demonstrate the NVIDIA Vera Rubin NVL72 and NVIDIA HGX Rubin NVL8 platforms at Computex booth N0824, June 2-6, 2026, in Taipei, Taiwan, with additional demonstrations at NVIDIA GTC Taipei.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. Supermicro’s solutions are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-cooled, free-air cooling, or liquid cooling).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/supermicro-introduces-dcbbs-blueprints-for-nvidia-vera-rubin-nvl72-and-nvidia-hgx-rubin-nvl8-built-to-scale-from-5mw-to-1gw-as-an-end-to-end-total-solution-302786517.html

SOURCE Super Micro Computer, Inc.

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Nutanix Unified Storage Achieves NVIDIA Certification as Enterprises Race to Build AI Factories

Nutanix Unified Storage validated at enterprise level to support NVIDIA-powered AI infrastructure for production workloads

Nutanix advances AI-native storage with planned NVIDIA BlueField-4 STX support

SAN JOSE, Calif., June 01, 2026 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the Nutanix Unified Storage (NUS) solution is NVIDIA-Certified at the enterprise level. NVIDIA-Certified Storage is designed to enable enterprises and cloud providers to confidently deploy storage solutions that support the performance, security, and scale required for large-scale production AI workloads. Nutanix is also advancing AI-native storage with planned support for NVIDIA Vera BlueField-4 STX, reinforcing its focus on faster data access, greater storage efficiency, and simpler AI operations at scale.

As enterprises and cloud providers race to build AI factories to support production AI workloads, they require infrastructure that can keep data moving, maximize GPU utilization, and reduce deployment risk. Success depends not only on access to powerful GPUs but on the ability to feed those systems with data efficiently and reliably. Fragmented infrastructure, siloed data, and inconsistent performance can slow deployments, limit GPU efficiency, and make AI harder to scale reliably.

With this certification, Nutanix is providing enterprises and cloud providers with a validated configuration to support enterprise deployment of AI infrastructure. The certification helps ensure NUS is validated for full-stack interoperability with NVIDIA AI infrastructure, helping to reduce I/O bottlenecks and integration risk. By enabling linear scalability for the data-hungry demands of AI workloads, it helps ensure an organization’s most valuable assets, its GPUs and data, are working at maximum efficiency in production environments.

“To build and run AI factories successfully, enterprises must move past fragmented infrastructure and data silos that limit GPU infrastructure efficiency,” said Thomas Cornely, executive vice president, Product Management, Nutanix. “This NVIDIA certification validates that Nutanix Unified Storage delivers the full-stack interoperability, linear scalability, and reliable data velocity that modern AI workloads demand. By collaborating closely with NVIDIA, we are giving customers a unified, high-performance foundation to scale their production AI operations with confidence.”

“As enterprises scale their AI factory deployments to meet demanding agentic AI workloads, storage is foundational to unlocking full-stack performance, efficiency, and accuracy,” said Jason Hardy, vice president, Storage Technology, NVIDIA. “Nutanix Unified Storage achieving NVIDIA certification gives customers a trusted, interoperable foundation to eliminate data bottlenecks, maximize GPU utilization, and scale production AI workloads with confidence.”

Certified for NVIDIA-Powered AI Infrastructure

Built on a 10-node, all‑NVMe cluster, NUS leverages enhanced parallel NFS (pNFS) and GPUDirect Storage over NFS with RDMA to establish a low-latency, high-throughput, and resilient data path directly between GPUs and storage—maximizing utilization while minimizing downtime.

The result is a scalable foundation for enterprise AI that helps customers move from targeted GPU deployments to larger production environments while keeping storage performance predictable as AI workloads expand. To support large-scale AI performance, the solution uses NVIDIA Spectrum‑X Ethernet, including NVIDIA Spectrum‑4 switches and BlueField‑3 DPUs, and delivers linear scalability from 10 GB/s read and 5 GB/s write for 32 GPUs to 160 GB/s read and 80 GB/s write for 1,024 GPUs.

This resilient, zero-downtime architecture provides a flexible foundation for AI workloads, supporting training, fine-tuning, inference, and RAG pipelines across a wide range of compute platforms including x86-based systems (NVIDIA RTX 6000 PRO Blackwell, NVIDIA H200 NVL), NVIDIA HGX servers with B200, H200, or H100 GPUs, and NVIDIA GH200 Grace Hopper Superchip configurations.

Availability

The NVIDIA-Certified Nutanix Unified Storage reference architecture is available today.

Planned support for NVIDIA BlueField-4 STX is expected to be available in the second half of 2026.

About Nutanix

Nutanix is a hybrid multicloud computing leader, offering organizations a unified software platform for running applications and AI and managing data anywhere. With Nutanix, organizations can simplify operations for traditional and modern applications, freeing them to focus on business goals. Trusted by more than 30,000 customers worldwide, Nutanix helps empower organizations to transform digitally and power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media.

© 2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. All other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Customer statements on results, benefits, savings or other outcomes depend on a variety of factors including their use case, individual requirements, and operating environments, and should not be construed to be a promise or obligation to deliver specific outcomes or as guarantees of future performance. This press release contains express and implied forward‑looking statements, including statements regarding the expected benefits, performance and capabilities of Nutanix Unified Storage, interoperability with NVIDIA technologies, planned support for NVIDIA BlueField‑4 STX, and anticipated demand for AI infrastructure. These forward‑looking statements are not historical facts and are based on Nutanix’s current expectations, estimates, assumptions, opinions, and beliefs. Actual results may differ materially from those expressed or implied by these forward‑looking statements as a result of various risks and uncertainties, including risks related to product development, the timing and availability of partner technologies, including NVIDIA technologies, and the performance of solutions in customer environments.



Media Contact:
Ken Lotich
[email protected]

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Cadence Unveils Industry’s First Fully Autonomous Virtual Engineer for Chip Design, powered by NVIDIA

Cadence Unveils Industry’s First Fully Autonomous Virtual Engineer for Chip Design, powered by NVIDIA

Level-5 ChipStack AI Super Agent framework and NVIDIA OpenShell runtime advance secure, agentic AI across semiconductor development

SAN JOSE, Calif.–(BUSINESS WIRE)–
At Computex 2026, Cadence (Nasdaq: CDNS) announced the industry’s first fully autonomous virtual agentic AI design engineer, extending the ChipStack™ AI Super Agent to Level-5 autonomy. Built on Cadence’s AI-driven electronic design automation (EDA) portfolio with NVIDIA Nemotron models, and secured by NVIDIA OpenShell runtime, the new agentic capabilities enable customers to run dynamic simulations in automated workflows. At NVIDIA, 1000s of engineers are using billions of compute hours per year to run millions of tests to verify their designs. Each engineer will use ChipStack agents to run hundreds of dynamic simulations with Cadence® Xcelium™ Logic Simulation and Jasper® Formal Verification, delivering over 40X faster RTL validation cycles and reducing a typical five-week verification loop to less than a day, dramatically accelerating the validation of complex semiconductor designs.

“We see our customers using AI to let their expert engineers take on more ambitious silicon designs with greater speed and confidence,” said Paul Cunningham, senior vice president and general manager of the System Verification Group at Cadence. “With the ChipStack AI Super Agent, we’re taking the next step—moving from AI that assists engineers to autonomous virtual engineers that can implement real design and verification work, grounded in our signoff-accurate engines and running in secure, governed environments so teams can innovate faster with confidence.”

From AI Assistance to Autonomous Engineering

The ChipStack AI Super Agent now operates at Level-5 autonomy, independently executing complex chip design and verification workflows while allowing engineers to inspect, guide and collaborate as needed. Native integration with collaboration environments and compatibility with tools like Codex or Claude Code, provides transparency into autonomous activity, helping teams stay connected to the system’s progress and decisions.

Rather than relying on step-by-step prompts, the ChipStack AI Super Agent evaluates intermediate results, determines next actions and iterates toward closure across tasks such as specification understanding, RTL generation, verification planning, formal analysis, simulation, debug and design convergence. This shifts engineers from executing individual tasks to supervising outcomes and guiding intent, as autonomous verification workflows shrink validation cycles that traditionally took weeks down to less than a day in leading-edge deployments.

Grounded in Engineering Truth, Secured for Production

A key Cadence differentiator is that autonomous agent behavior is tightly coupled with the company’s core physics-based design and verification engines. This keeps AI-directed actions grounded in proven computational models and signoff-accurate results, creating the trust needed for high-stakes engineering programs.

To support production deployment, the ChipStack AI Super Agent is run within the NVIDIA OpenShell runtime, a sandboxed environment for autonomous agents that enforces governance and helps protect sensitive IP through policy controls, isolation and managed access to tools, infrastructure and design data. Together, Cadence’s physics-based engines and OpenShell’s security architecture provide a practical path from supervised pilots to production-grade autonomous flows.

“As semiconductor designs grow more complex, engineering teams need AI agents that can accelerate verification without compromising security, control or trust,” said Timothy Costa, vice president and general manager of computational engineering at NVIDIA. “By securing Cadence’s ChipStack AI Super Agent with NVIDIA OpenShell and powering it with Nemotron models, Cadence is bringing governed autonomy to chip design workflows — giving customers a faster, more secure path to develop and validate advanced semiconductors.”

Leading the Next Era of Agentic AI

This announcement reflects the speed of Cadence innovation in agentic AI, powered by NVIDIA. Following the acquisition of ChipStack in November 2025, Cadence launched its first product in February 2026 and expanded into a portfolio of AI super agents at CadenceLIVE in April, introducing ViraStack AI Super Agent for custom and analog design, InnoStack AI Super Agent for digital implementation and signoff, and Cadence AgentStack as the orchestration framework for coordinating agentic workflows across the design stack. Cadence is now extending those capabilities to full autonomy.

Availability

The Level-5 autonomous capabilities of the ChipStack AI Super Agent and the AgentStack orchestration framework are expected to be available to early-access customers in the second half of 2026.

About Cadence

Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design™ strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2025, Cadence was recognized by Fortune as one of the world’s top 100 best companies to work for. Cadence solutions offer limitless opportunities.

© 2026 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo, and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Featured

For more information, please contact:

Cadence Newsroom

408-944-7039

[email protected]

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HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI

HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI

 New HPE ProLiant Compute DL394 Gen12 combines the capabilities of NVIDIA Vera CPUs with industry-leading security and management to accelerate agentic-driven operations

  • HPE announces new HPE ProLiant Compute DL394 Gen12 with the latest NVIDIA Vera CPU, built for the age of agentic AI and for reinforcement learning and data processing at AI-factory scale.

  • New HPE ProLiant server provides extreme single core performance and high-memory bandwidth required for sequential logic and complex financial modeling and is engineered to support customers shifting from generative AI to reinforcement learning and agentic AI workloads.

  • HPE’s advanced security capabilities and intuitive server management expertise is integral to organizations looking to tackle demanding AI workloads with confidence.

HOUSTON & TAIPEI, Taiwan–(BUSINESS WIRE)–COMPUTEX – HPE (NYSE: HPE) today announced the expansion of its industry-leading server portfolio with the introduction of the HPE ProLiant Compute DL394 Gen12, powered by NVIDIA Vera CPU. This next-generation server is engineered specifically to address the compute demands of emerging high-performance AI and data processing workloads delivering industry-leading agentic AI CPU performance, memory bandwidth, and low latency. Built on a foundation of advanced architecture, the platform also features HPE’s enterprise-grade Integrated Lights-Out (iLO) as security, while HPE Compute Ops Management provides a unified dashboard to manage and automate server environments.

The HPE ProLiant Compute DL394 Gen12, based on NVIDIA Vera CPU, was launched at COMPUTEX 2026 as part of a new collaboration with NVIDIA and Redpanda that is being explored by the New York Stock Exchange (NYSE). The new server features technology optimized for the specific demands of agentic AI, across data storage and processing, monitoring, management and security capabilities, ensuring smooth and secure operation for agentic AI.

“The shift from generative models to agentic systems is redefining the role of compute across the enterprise,” said Antonio Neri, president and CEO of HPE. “These workloads require high-performance servers with exceptional CPU performance to enable real-time reasoning across agentic AI and financial services applications. With our new HPE ProLiant Compute server, we are delivering a new class of infrastructure to help customers accelerate insights and operate with confidence in the most demanding environments.”

“At the NYSE, our focus is to optimize the latency, throughput, and reliability of the systems underpinning our unrivaled infrastructure,” said Lynn Martin, President of NYSE Group. “NYSE processes more than 1.1 trillion messages per day, and in collaboration with Redpanda and HPE, using NVIDIA Vera CPUs, we will be scaling our capacity while further optimizing latency to power a high-performance, resilient, and AI-ready market infrastructure.”

“Agentic AI has arrived, and it needs a new CPU,” said Jensen Huang, founder and CEO, NVIDIA. “Vera was built to orchestrate AI factories—delivering 2x the efficiency and faster task completion than x86. With HPE ProLiant Compute DL394 Gen12, enterprises can put Vera to work, and NYSE shows what purpose-built AI infrastructure can do in the world’s most demanding environments.”

Solving the Memory Challenge

HPE ProLiant Compute DL394 Gen12 is a 2U server that helps customers advance the adoption of AI computing in their organization. The server leverages NVIDIA Vera CPUs with a monolithic design, unlike traditional high-core-count chiplet architectures that suffer from non-uniform memory access (NUMA) issues, which results in variable latencies and non-deterministic performance can develop latency in multi-processor systems. By leveraging low-power double data rate 5X (LPDDR5X), a highly efficient form of dynamic random-access memory (DRAM), the HPE server achieves 1.2 TB/s aggregate bandwidth—up to 14 GB/s per core—enabling the HPE ProLiant Compute DL394 Gen12 to ingest and process data at high speed. This architecture enables NVIDIA Vera CPU to act as a high-speed orchestrator, ensuring resources are efficiently balanced to meet the most demanding AI workloads, while reducing capacity waste.

Embedded Security and AI-Driven Operations with HPE ProLiant

HPE ProLiant Compute DL394 Gen12 embeds security at every level with Silicon Root of Trust, HPE’s firmware technology. Additionally, HPE ProLiant Compute servers with iLO 7—like the HPE ProLiant Compute DL394 Gen12, are enabled by the secure enclave, an HPE innovation that safeguards servers at every phase of its lifecycle. These next-generation servers are the first to meet NIST’s quantum computing resistant security requirements, giving organizations a more secure and future-ready platform for protecting sensitive workloads and regulated environments.

To enable AI-driven insights and enhance operational agility, the server is also equipped with HPE Compute Ops Management which provides a single, unified solution for overseeing distributed environments. This management layer provides customers with AI-driven operations that can reduce server management time and minimize the risk of revenue loss due to downtime.

Availability

The HPE ProLiant Compute DL394 Gen12 will be available in fall 2026, as a new addition to the NVIDIA AI Computing by HPE portfolio.

This server can also be acquired through HPE Financial Service’s 90/9 Advantage program that offers no payments for 90 days and an additional nine months at one percent.

About HPE

HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.

Media Contact:

Ashleigh Artist

[email protected]

KEYWORDS: Texas United States Taiwan North America Asia Pacific

INDUSTRY KEYWORDS: Networks Semiconductor Hardware Technology Artificial Intelligence

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NVIDIA and TSMC Bring AI Into Fabs to Advance Semiconductor Design and Manufacturing

News Summary:

  • NVIDIA CUDA-X libraries and AI models are accelerating TSMC workloads across lithography, transistor and process simulation, advanced process control and fab operations optimization.
  • TSMC is using NVIDIA Metropolis and NVIDIA TAO Toolkit to advance automated defect inspection with vision AI, improving detection of nanometer-scale defects while reducing repeated labeling and retraining.

TAIPEI, Taiwan, June 01, 2026 (GLOBE NEWSWIRE) — NVIDIA GTC Taipei — NVIDIA today announced that TSMC, the world’s leading semiconductor company, is using NVIDIA accelerated computing and AI to advance semiconductor design and manufacturing.

As chips move to more advanced nodes, bringing them from design to high-volume production has become one of the world’s most complex computing challenges. Computational lithography, transistor simulation, process control and wafer inspection now require massive-scale simulation and real-time optimization, and AI systems that can provide support across physics, images and other applications.

TSMC is using NVIDIA technologies to accelerate this transformation, applying accelerated computing and AI across the semiconductor design and manufacturing lifecycle to improve turnaround time, energy efficiency, yield and operational productivity in advanced fabs.

“NVIDIA and TSMC have worked together for nearly three decades to push the limits of computing,” said Jensen Huang, founder and CEO of NVIDIA. “TSMC is bringing NVIDIA AI and accelerated computing into the fab itself, tackling some of the world’s most complex design and manufacturing challenges with simulation, optimization and AI to improve speed, efficiency and yield for the next generation of chips.”

“TSMC and NVIDIA have built a long-standing partnership rooted in advancing the technologies that make the next generation of computing possible,” said C.C. Wei, chairman and CEO of TSMC. “By using NVIDIA accelerated computing and AI across fab operations optimization, lithography, process control and inspection, TSMC is strengthening our technology leadership and manufacturing excellence to support our customers’ future products and success.”

TSMC Accelerates Processes With NVIDIA CUDA-X Libraries and AI

Advanced semiconductor design and manufacturing require massive computational workloads and highly coordinated fab operations, spanning chip-design transfer, transistor modeling, process control and fab productivity.

TSMC is using NVIDIA CUDA-X™ libraries and AI models to accelerate these workloads on NVIDIA GPUs:

  • Computational lithography: TSMC is using NVIDIA cuLitho, a GPU-accelerated library for lithography — a printing method for chip mask design. This technology delivers a 20-50% improvement in cost effectiveness or cycle time compared with CPU-based computational lithography, while maintaining the same cost of ownership.
  • Transistor, equipment and process simulation: TSMC is using NVIDIA cuEST, a GPU-accelerated electronic structure simulation library for 50x faster chemistry simulations, on average, for semiconductor material design.
  • Advanced process control: TSMC is using the NVIDIA cuML machine learning library to accelerate large-scale analytics on NVIDIA GPUs. This lets TSMC speed algorithms and distill hundreds of thousands of process parameters spanning thousands of steps as precision inputs for machine learning models — making significant reduction in process variation.
  • Fab operations optimization: GPU-accelerated scheduling computation using CUDA has led to notable improvements in fab productivity with NVIDIA H200 GPUs. By harnessing CUDA-powered computation on NVIDIA H200 GPUs, TSMC has enhanced its capability to manage complex constraints, thereby streamlining production paths and maximizing fab productivity.

TSMC Advances Defect Inspection With NVIDIA Metropolis and AI Models

As chips become more advanced, even the smallest defects can affect quality and yield, making faster and more accurate inspection essential to semiconductor design and manufacturing.

TSMC is using the NVIDIA Metropolis platform and NVIDIA TAO Toolkit to improve advanced defect classification. Using vision AI, TSMC has improved detection of defects at nanometer scale.

These capabilities help TSMC improve quality inspection while reducing the need for repeated labeling and retraining as process conditions, inspection tools and defect types change.

TSMC Taps NVIDIA Omniverse to Build FabTwin

Advanced semiconductor fabs are among the most complex fabs ever built, requiring precise coordination across tools, materials, robots, humans and facility systems.

TSMC is exploring NVIDIA Omniverse™ libraries to build FabTwin, a virtual fab environment for evaluating process tool layouts and related simulation workflows. By testing design scenarios digitally before physical implementation, TSMC can compare complex configurations more flexibly and identify potential constraints earlier. This virtual-first approach vastly improves planning efficiency and accelerates critical decision-making before any physical or capital commitments are made.

Watch Huang’s keynote and learn more at NVIDIA GTC Taipei.

About NVIDIA


NVIDIA
 (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:

Paris Fox
Corporate Communications
NVIDIA Corporation
[email protected]

Certain statements in this press release including, but not limited to, statements as to: TSMC bringing NVIDIA AI and accelerated computing into the fab itself, tackling some of the world’s most complex design and manufacturing challenges with simulation, optimization and AI to improve speed, efficiency and yield for the next generation of chips; expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing products and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

©2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, CUDA-X and NVIDIA Omniverse are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

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