Abu Dhabi’s International Holding Company has identified Fount Trust as its ultimate parent above Royal Group Holding LLC, formalising the ownership structure that followed an earlier restructuring. IHC said on Monday that the change affects the legal ownership chain but does not alter its ultimate beneficial ownership, operations, strategy or business activities. Royal Group continues to exist and operate within the structure, while IHC remains governed by […]
Arabian Post Staff -Dubai Qatar’s prime minister has called for Gulf states to act together to restore regional stability and help secure a settlement between the United States and Iran, arguing that the war should force governments to rethink how security is organised across the Gulf. “We are hoping this war is a wake-up call for everyone,” Sheikh Mohammed bin Abdulrahman Al-Thani said on Sunday at the […]
HONG KONG SAR – Media OutReach Newswire – 21 September 2026 – Phancy Group Co., Ltd. (“Phancy” or “the Group”, stock code: 6682.HK), a leading full-stack enterprise-AI cloud services platform, ranked first overall in the latest 2026 China AI Computing Resource Management Platform Technology Capability Assessment, published by International Data Corporation (“IDC”), a global technology intelligence firm.
The assessment evaluated multiple leading AI computing resource management platform providers in China and noted Phancy’s industry-leading technological maturity across heterogeneous accelerator compatibility and adaptation, large-scale cluster operations, and delivery in hybrid cloud environments. Drawing on its accumulated capabilities in heterogeneous computing resource management, fine-grained GPU virtualization and agent-oriented computing services, Phancy received full scores and outperformed the industry benchmark in four out of six evaluated dimensions[1].
According to the IDC report, as AI moves into large-scale deployment, the growing adoption of AI agents is reshaping cloud infrastructure. In the meantime, AI infrastructure is evolving beyond basic computing capacity to become a core part of the enterprise technology stack, supporting digital and intelligent transformation.
Dr. Dai Wenyuan, Founder and Chief Executive Officer of Phancy, said: “The AI industry is moving beyond the ‘model race’ and entering a new phase of large-scale deployment. For enterprises, the real challenge is no longer whether they can access large language models, but about how to translate agentic AI capabilities into sustained productivity while keeping costs under control and operations stable. IDC’s assessment reflects the growing importance of unified management, flexible scheduling and fine-grained operations for heterogeneous computing resources. Phancy will continue to advance its capabilities in heterogeneous computing resource scheduling and agent infrastructure, helping more enterprises unlock the value of AI with greater efficiency, cost-effectiveness and reliability.”
Five Core Capabilities Behind Phancy’s Vendor-Neutral Unified Management Platform
At the core of Phancy’s offering is vendor-neutral unified management software that supports large-scale training and high-concurrency inference for mainstream models across chips from over ten leading vendors[2]. Its core technological capabilities include:
Code-compatible multi-chip virtualization: Phancy supports the partitioning of a single AI accelerator across multiple workloads, enabling mainstream frameworks and inference engines, including PyTorch, TensorFlow, vLLM and SGLang, to run without changes to application code. Resource quotas help maintain stability when multiple workloads run concurrently.
Three-tier resource pools and intelligent workload scheduling: Phancy’s platform provides three types of resource pools: dedicated, shared and overcommitted pool. Resources can be intelligently scheduled based on four dimensions (workload priority, hardware topology, real-time load and resource requirements), enabling large-scale training and high-concurrency inference workloads to run on the same infrastructure.
AI gateway and dual-track metering: The AI gateway provides unified management of model routing, API calls and audit activities. Usage is measured through both accelerator hours and token consumption, helping enterprises track costs and resource utilization from the perspectives of both resource consumption and model usage.
Agent-oriented computing services: Phancy’s platform turns heterogeneous computing resources into standardized services that AI agents can call on demand. These services support partitioning, reuse and elastic scaling. Combined with intelligent routing through the AI gateway, this accommodates the frequent calls and fluctuating workloads associated with AI agents, while token quotas and circuit-breaking mechanisms also help enterprises manage usage risks and costs when predefined limits are exceeded.
Operations and maintenance for heterogeneous computing resources: Phancy’s platform provides end-to-end observability spanning nodes, accelerators, workloads and model services. It supports fault isolation, workload rescheduling and private deployment in environments without public internet access, helping enterprises improve operational efficiency across complex heterogeneous computing environments.
The report highlighted a use case in which a Chinese policy bank significant improved resource utilization by using Phancy’s three-tier resource pool architecture to manage computing resources across three data centers in two locations, while also enabling a smooth business migration.
Looking ahead, Phancy will continue to advance its AI computing resource management platform as AI infrastructure shifts from traditional “cloud + AI” architectures toward greater cloud-native, agent-oriented integration. The Group will continue to help enterprises manage computing resources more efficiently, deploy AI across a wider range of production environments, and turn AI into sustainable business productivity at scale.
[1] The assessment evaluated platforms across six dimensions: computing resource management, computing service management, compute operations, Technical architecture, business scenario support, and delivery services. According to the IDC report, the findings are intended to help enterprises evaluate and select the platforms best suited to their needs.
[2] Phancy’s platform now supports accelerators from more than ten vendors, including Ascend, Hygon DCU, Cambricon, Iluvatar CoreX, MetaX, Moore Threads, Kunlunxin, Enflame, T-Head and Biren Technology.
Hashtag: #Phancy
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”
Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
North Korean cyber operators posing as recruiters have compromised at least 30,000 devices in more than 100 countries, using fraudulent job interviews to infect technology professionals and steal cryptocurrency, authorities from four countries have disclosed. The campaign, attributed to a group tracked as WaterPlum and widely known as Contagious Interview, targeted web designers, software engineers, freelancers and specialists in cryptocurrency, blockchain and Web3 technologies between about December […]
Security researchers participating in OpenAI’s bug bounty programme penetrated employee accounts and reached the company’s private GitHub monorepo after using Anthropic’s Claude models to develop an exploit chain. The July operation was carried out by three researchers at cybersecurity start-up Hacktron AI, who said they combined a vulnerability in software used by OpenAI’s community forum with a flaw in the company’s single sign-on configuration. OpenAI later fixed […]
JAKARTA, INDONESIA – Media OutReach Newswire – 20 September 2026 – Green SM, an all-electric ride-hailing platform, officially launches its 6-seat electric taxi service, Green Limo, in Indonesia, with 100% of its fleet featuring the spacious and well-equipped Limo Green, aiming to elevate the mobility experience in the premium electric taxi segment. On the occasion, the company also introduces a new vehicle rental program, “Rent a VinFast. Become a Green SM Driver. Be Your Own Boss,” offering a range of benefits for driver partners, including a low initial payment, access to brand-new VinFast vehicles, earnings of up to IDR 14 million per month, and revenue sharing of up to 92%.
Green SM hands over the first Limo Green vehicles to driver partners in Jakarta.
Green Limo is the third four-wheel service launched by Green SM in the market, following Green Car and Green Premium, providing a mobility option specifically designed for families, larger groups, business travelers, passengers carrying more luggage, and customers who value greater space, comfort and a smooth ride throughout their journeys.
Featuring a modern exterior design and a spacious three-row cabin, the Limo Green offers the “3 Nos” advantages of an electric vehicle: no emissions, no fuel odors and no engine noise. The vehicle is also equipped with features including a multi-purpose phone charging cable, automatic air conditioning, dedicated air vents for the two rear rows, and an air filtration and deodorizing system, helping maintain a fresh, clean and comfortable cabin environment.
From September 19 to 29, 2026, Green SM will officially hand over the first batch of 500 Limo Green vehicles in Jakarta to pioneering Green SM drivers at the Green SM Kemayoran Depot. In addition to vehicle handovers to pioneer driver partners, the event features test drives, program consultations and application intake, allowing prospective partners to experience VinFast’s modern electric vehicles firsthand, learn more about the new vehicle rental program and receive valuable gifts when placing a deposit.
To celebrate the launch of the new service, Green SM is offering a special promotion for customers using Green Limo for the first time, with 20% off the trip fare, up to IDR 50,000. The promotion is valid for 15 days from September 19 through October 3, 2026, giving customers an opportunity to experience the premium 6-seat electric taxi service at a special introductory fare.
On the same day, Green SM announces its new vehicle rental program, “Rent a VinFast. Become a Green SM Driver. Be Your Own Boss,” for driver partners. With an initial payment starting from just IDR 2 million and rental fees starting from IDR 254,000 per day, the program offers a range of VinFast vehicle options to suit individual needs, including Limo Green, VF e34/Nerio Green, VF 5/Herio Green and VF 6.
Notably, to give driver partners greater confidence as they get started with Green SM, the program provides guaranteed daily earnings of up to IDR 400,000 during the first two months, depending on the applicable conditions, along with revenue sharing of up to 92%. Driver partners can also benefit from a range of incentives, including a sign-up bonus of IDR 1,000,000 per month, a brand bonus of IDR 676,000 per month, and an operating bonus of up to IDR 1,340,000 per month. In addition, driver partners receive free charging at V-Green charging stations, helping reduce operating costs and improve business efficiency.
Mr. Pham Nhat Minh Hoang, Global CEO of Green SM, said: “Green Limo not only adds a new model to Green SM’s fleet, but also offers a suitable option for journeys where space and comfort are priorities. Alongside the Green Limo service, the new vehicle rental program with flexible options gives driver partners an easier way to earn stable income with modern, cost-efficient VinFast electric vehicles. We expect the combination of suitable products, practical policies and Green SM’s 5-star service standards to deliver meaningful value to both driver partners and customers, thereby helping raise the standard of transportation services in Indonesia.”
Throughout its global development journey, Green SM has completed approximately 850 million rides covering nearly 6 billion kilometers, helping reduce more than 800,000 tons of CO₂ emissions, equivalent to the amount of carbon absorbed by approximately 36 million trees. In Indonesia, Green SM continues to expand its all-electric mobility options, increase its coverage and enhance service quality, in line with its “5 Green Promises” commitment, contributing to greener transportation and creating positive value for local communities, the environment and the local economy./.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai President Donald Trump returned unexpectedly to the White House on Saturday after cutting short a weekend at Camp David, as a Houthi missile attack on Riyadh pushed the renewed Saudi-Yemen conflict into the kingdom’s capital. The White House gave no explanation for Trump’s early return, which came a day before he had been scheduled to leave the presidential retreat in Maryland. The timing […]
The European Union has urged the United States to reconsider its decision to deny visas to Palestinian President Mahmoud Abbas and other Palestinian officials seeking to attend the United Nations General Assembly in New York, intensifying diplomatic pressure on Washington before the gathering. Anouar El Anouni, a spokesman for the European External Action Service, said on Saturday that the bloc regretted the extension of the visa denial […]
Baniyas Jiu-Jitsu Club moved to the front on the opening day of Round 7 of the Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship at Mubadala Arena in Abu Dhabi on Friday, with Al Jazira Jiu-Jitsu Club second and M. O. D UAE third. The first day of the three-day Gi round featured Under-18, Adults and Masters competitors, with results across the divisions contributing to club standings as […]
Waymo will launch a fully autonomous ride-hailing service in Singapore in 2028, making the city-state its first Southeast Asian market as the Alphabet-owned company accelerates its international expansion.
The company said an initial fleet of all-electric Jaguar I-PACE vehicles will arrive in Singapore over the coming months, with preparations beginning before a phased testing programme in 2027. Trained autonomous specialists will initially drive the vehicles manually while Waymo maps roads and adapts its self-driving system to local conditions.
The programme will expose the Waymo Driver to Singapore’s road geometry, dense traffic environment and monsoon weather patterns before the company seeks to move towards autonomous operation. Commercial rides are scheduled to be offered through the Waymo app in 2028, subject to regulatory approvals.
Initial operations are expected to focus on western Singapore, including the Labrador and HarbourFront area, before any broader passenger rollout is considered locally.
Singapore’s Land Transport Authority said Waymo would become the country’s newest autonomous vehicle operator, joining ComfortDelGro and Grab. The authority said it would work closely with the company to ensure deployments meet safety and regulatory requirements and help build public confidence in autonomous vehicles.
Waymo is entering a market where autonomous transport is already moving from trials towards limited passenger services. Public rides on autonomous shuttle services began in Punggol in April, while operators including Grab, WeRide, ComfortDelGro and Pony. ai are expanding deployments and testing additional routes.
Waymo’s arrival therefore adds a major US developer to a field that already includes regional and China-based autonomous driving companies. Singapore has sought to attract multiple operators as it develops a competitive autonomous mobility sector and evaluates how driverless vehicles could supplement existing public transport.
Transport Minister Jeffrey Siow said Waymo would bring technology and operational expertise while supporting Singapore’s goal of creating additional transport options. Authorities have also stressed that autonomous vehicle deployment will not be allowed to move faster than measures to retrain and support drivers whose jobs could be affected.
The government announced a manpower transition package in July aimed at helping drivers acquire new skills and, where appropriate, move into jobs created by the autonomous vehicle sector. The issue has become more prominent as testing expands from controlled trials towards services carrying members of the public.
Singapore’s regulatory framework requires autonomous vehicles to clear technical and operational assessments before carrying passengers and progressing towards driverless operation. The Land Transport Authority assesses performance on authorised routes, including whether vehicles can cover sufficient distance without intervention and handle a range of traffic situations within their approved operating areas.
The Ministry of Transport also opened a public consultation this year on a broader legislative framework covering autonomous vehicles, including responsibility, licensing, insurance, liability and enforcement. Existing rules already require authorisation for autonomous vehicle trials and use on public roads.
Waymo said its Singapore expansion would follow the phased approach it has used elsewhere. The company has completed more than 20 million fully autonomous passenger rides and more than 300 million autonomous kilometres, according to company figures, giving it one of the largest operating datasets among commercial robotaxi developers.
Its overseas push is gathering pace. Waymo is preparing for commercial autonomous services in Tokyo and has also announced plans involving London and Munich, as it seeks to extend technology developed largely on US roads to markets with different driving environments, regulations and weather conditions.
Singapore offers a compact but demanding testing ground. Heavy rainfall, complex urban traffic, motorcycles, cyclists and dense interactions around public transport infrastructure create operating conditions that differ from many of Waymo’s established US service areas.
The company says its vehicles use lidar, radar and cameras to maintain a 360-degree view of their surroundings. The Singapore fleet will initially use Jaguar I-PACE sport utility vehicles, although Waymo has not disclosed how many vehicles will be deployed at launch or the eventual size of its commercial fleet.
Hackers who physically removed a Flock Safety roadside camera were able to copy much of its internal storage, uncover an encryption key and access tens of thousands of video clips and data linked to about 1.6 million images generated over 21 days. The compromise involved a single camera taken from above a roadway and did not amount to a remote breach of Flock Safety’s cloud network. The […]
TypeSafe AI has released Jev, a transformer-based artificial intelligence model designed to make structured decisions for software rather than generate conversational text, drawing strong early interest from developers seeking faster and cheaper automation tools. The San Francisco start-up, founded by former OpenAI researcher Diogo Almeida, introduced Jev as its first “System One” model after two years in stealth. Almeida helped develop research behind ChatGPT and reinforcement learning […]
China-aligned threat actors are using Chinese-language casino and adult websites to conceal PeckBirdy command-and-control infrastructure, with Infoblox telemetry showing the framework touching networks across a broad range of enterprise customers. Infoblox Threat Intelligence said just over 3% of its enterprise customers resolved at least one domain associated with PeckBirdy, indicating that traffic linked to the campaign is appearing well beyond the narrow set of organisations previously connected […]
Westinghouse Electric is seeking a valuation above $50 billion for a planned US initial public offering, people familiar with the preparations said, as the nuclear technology group moves towards a potential public filing as early as October. The proposed valuation has not been announced by Westinghouse or its owners and could change as preparations advance. The number of shares to be sold, the price range and the […]
Arabian Post Staff -Dubai flydubai has partnered with Egnatia Aviation and Skyborne Airline Academy to expand flight instruction for the first cadet batches of its Ab Initio Pilot Training Programme, strengthening a pipeline designed to feed qualified first officers into the Dubai carrier’s growing operation. The two academies will provide practical flight training for selected candidates working towards a Multi-Crew Pilot Licence, or MPL. Cadets completing the […]
Matein Khalid I never thought a routine telegraphed 0.25% a rate hike at a FOMC conclave would make September 16, 2026 one of the scariest days in my investing career, right up there with September 15, 2008 (the Tuesday Lehman died), September 11, 2001 the day the WTC Feng Shui twin sentinels of Manhattan died or Black Wednesday September 15 1992, when my Magyar idol George Soros […]
Saudi Arabia’s King Salman Humanitarian Aid and Relief Centre has signed a cooperation agreement with the Refaq Association in Hail Region to provide monthly financial assistance, clothing and shopping vouchers for orphans in Djibouti. The agreement, signed on Thursday at KSrelief’s headquarters in Riyadh, provides monthly support of $80 for each participating orphan, intended to reduce the financial pressure on families caring for them. It also includes […]
South Korean President Lee Jae Myung has ruled out sending troops or military assets into the US-led war against Iran, drawing a firm line around Seoul’s involvement despite pressure from President Donald Trump. Lee said at a news conference on Friday that South Korea would not make any deployment that could pull the country into combat. “There will be no dispatch of troops that will lead to […]
Best Things to Do in Bangkok This Golden Week: Discover Authentic Thai Cuisine, Luxury Shopping, Cultural Experiences and Iconic Chao Phraya River Attractions at ICONSIAM
BANGKOK, THAILAND – Media OutReach Newswire – 18 September 2026 – As Golden Week inspires millions of travelers across Asia to embark on international journeys, ICONSIAM, the global landmark on the Chao Phraya River, is inviting visitors to discover why Bangkok continues to rank among Asia’s most revisited destinations, offering an unrivaled blend of luxury shopping, cultural immersion, world-class gastronomy and distinctive riverside experiences in one destination.
ICONSIAM_ A Global Landmark Along the Chao Phraya River
As travel trends shift from traditional sightseeing toward more immersive and experience-led journeys, destinations that offer a strong sense of place and a diverse range of experiences are increasingly capturing the attention of global travelers. In this landscape, ICONSIAM embodies The Best of Thailand Meets the Best of the World, bringing together the country’s cultural heritage, creativity and craftsmanship with international luxury, gastronomy and lifestyle. Set along the historic Chao Phraya River, ICONSIAM offers visitors a distinctive perspective on contemporary Thailand, where the country’s traditions and global influences come together in one iconic waterfront destination.
SOOKSIAM_ Thailand’s first co-creation space to empower local communities from all 77 provinces of Thailand across the nation’s four regions
“Today’s travelers are looking for destinations that offer a deeper connection to the places they visit—experiences that are authentic, memorable and meaningful,” said Mrs. Suma Wongphan, Executive Vice President and Division Head of Marketing at ICONSIAM Company Limited. “Bangkok has a unique ability to inspire repeat visits because there is always another side of the city to discover. As a Global Experiential Destination, ICONSIAM is proud to contribute to this appeal by creating a platform where visitors can experience the many facets of Thailand while enjoying the standards and diversity of a truly international destination. This Golden Week, we look forward to welcoming travelers from around the world and giving them even more reasons to make ICONSIAM a highlight of their Bangkok journey.”
A Culinary Journey Through Thailand and Beyond
Food remains one of the strongest motivations for travelers returning to Bangkok, and ICONSIAM offers a diverse culinary journey that reflects the city’s reputation as one of Asia’s leading gastronomic capitals. At SOOKSIAM on the G Floor, visitors can experience the atmosphere of Thailand’s floating market where visitors can explore the flavors of Thailand’s four regions through authentic cuisine. Beyond SOOKSIAM, ICONSIAM’s culinary offering extends from the acclaimed flavors of Nara Thai Cuisine and ThongSmith to beloved Thai favorites such as After You, Cha Tra Mue and Pang Cha, giving visitors the opportunity to discover the diverse tastes and culinary traditions that continue to make Bangkok a compelling destination for food lovers.
Complementing its retail and dining offerings are ICONSIAM’s signature riverside attractions along the legendary Chao Phraya River. Visitors can enjoy sweeping waterfront views, experience the spectacular ICONIC Multimedia Water Features Show (G Floor), marvel at the iconic Alangkarn Waterfall (6th Floor), and discover art exhibitions, cultural showcases and immersive attractions throughout ICONSIAM.
Discovering Thailand Through Creativity and Craftsmanship
For travelers looking to bring home a meaningful piece of Thailand, ICONCRAFT located on the 4th and 5th floors, offers a carefully curated showcase of contemporary Thai craftsmanship, artisan products and creative enterprises from across the country. The immersive retail concept celebrates local creativity while providing visitors with unique souvenirs and design-led products that reflect Thailand’s rich cultural heritage and evolving creative landscape.
Discover ICONLUXE, Home to Global Fashion Houses, Fine Jewelry and Prestigious Watchmakers
At the center of this offering is ICONLUXE, one of Southeast Asia’s premier luxury hubs, home to an extraordinary collection of internationally renowned luxury houses and flagship boutiques, including Bottega Veneta, Celine, Dior, Gucci, Hermès and Loewe, alongside prestigious jewelry and watchmakers such as Breguet, Bvlgari, Cartier, Chopard, Chaumet, Jaeger-LeCoultre, Omega and Patek Philippe. Complementing its luxury offering is an extensive selection of international lifestyle and fashion brands, including ALO, LOFT, MUJI, UNIQLO, ZARA as well as leading Thai wellness and fragrance brands such as Antidotes, PANPURI and THANN. Together, these offerings underscore ICONSIAM’s ability to curate an exceptional mix of international luxury, contemporary lifestyle and distinctive Thai brands, creating a destination that continues to elevate Bangkok’s position as a leading global shopping and lifestyle capital.
A destination of ‘firsts’ flagship store and ‘bests’ that brings immediate global attention to Bangkok
At the heart of Bangkok’s dynamic riverside lies ICONSIAM, a destination of “firsts” and “bests” that continues to attract global attention to Thailand. Recognized as Thailand’s Firstism Leader, ICONSIAM has introduced some of the world’s most sought-after first-to-Thailand brands and experiences, including the country’s first flagship Apple Store, Thailand’s first Blue by Alain Ducasse, a Michelin-starred restaurant by Alain Ducasse, and the POP MART BANGKOK ICONSIAM FLAGSHIP STORE, and HAUS NOWHERE Bangkok, the first HAUS NOWHERE destination in Southeast Asia, home to TAMBURINS’ first Southeast Asia store and Thailand’s largest Gentle Monster store. Together, these globally recognized brands and flagship experiences continue to reinforce ICONSIAM’s position as a leading destination where international culture, innovation, fashion and lifestyle converge on Bangkok’s iconic Chao Phraya River waterfront.
Exclusive Golden Week Privileges for Tourists visiting ICONSIAM
To make the Golden Week experience even more memorable, ICONSIAM is launching “Discover Thailand at ICONSIAM“, an interactive social media campaign taking place from 25 September to 7 October 2026 at the ONESIAM Global Visitor Lounge (1st Floor). International visitors are invited to share their favorite moments at ICONSIAM, from food and cultural discoveries to shopping finds, local craftsmanship and iconic riverside experiences, by posting at least 2 original photos or 1 video on social media. Participants who complete the challenge will have the opportunity to play a capsule machine and receive complimentary Thai-inspired souvenirs, including ICONSIAM’s exclusive scarf, ICONCRAFT’s Thai-Inspired Mini Bag, handheld electronic fan, bracelet and a Siam Gift Card voucher. The campaign is designed to encourage travelers to explore, experience and share the many dimensions of Thailand that come together at ICONSIAM.
As Bangkok continues to attract travelers seeking meaningful, experience-led journeys, ICONSIAM stands at the heart of the city’s appeal, offering an unparalleled blend of shopping, dining, culture and riverside experiences. This Golden Week, visitors are invited to discover why Bangkok remains one of Asia’s most beloved and revisited destinations, and to experience the very best of modern Thailand in one extraordinary destination.
A large-scale study of surgical video intelligence has found that models trained to predict motion and structure from specialist operating footage can outperform broader visual systems across multiple surgical understanding tasks, strengthening the case for domain-specific foundations in future robotic assistance. Researchers behind SurgMotion, a video-native foundation model, trained the system on 3,658 hours of surgical video drawn from 50 sources and spanning 13 anatomical regions. The […]
By Arun Srivastava It would be politically naive to look at the decision of Trinamool Congress chief Mamata Banerjee to stay out of the Nandigram by-poll purely as a calculated move to avoid a trap set by her opponents. Yet another significant move Mamata has made is of a tactical outreach by offering the Nandigram […]
SpaceX has held informal discussions about buying customer and operational data from troubled or defunct startups to train artificial intelligence models, people familiar with the talks say, as the company looks for lower-cost information beyond material available on the public internet. The discussions are taking place within SpaceXAI, the artificial intelligence operation created after SpaceX acquired Elon Musk’s xAI business in February. No transaction has been announced, […]
Dubai is set to gain a mixed-use development where robots are planned to handle reception, security, cleaning, deliveries, coffee service and selected wellness functions, as Fakhruddin Properties advances a Dh700 million project in Dubai Land Residence Complex. The development, called Tréppan Vision, was unveiled at IPS 2026 and is scheduled for completion in the fourth quarter of 2029. Fakhruddin Properties says the scheme is designed to extend […]
Dr. Julie Xing, Global Board Chairman and CEO Discusses New Pathways to High-Quality Growth with Global Business Leaders
GUANGZHOU, CHINA – Media OutReach Newswire – 17 September 2026 – Lee Kum Kee Sauce (“Lee Kum Kee”), the century-old sauce brand and the only sauce and condiments brand among this year’s Forum partners, actively participated in the 2026 Fortune Global 500 Forum, held on September 16 in Guangzhou, China. Julie Xing, Ph.D., Global Board Chairman and Chief Executive Officer of Lee Kum Kee Sauce, was invited to speak at a panel discussion and to attend the Most Powerful Women (MPW) Breakfast, joining other leading global business leaders to explore the key pathways for enterprises to achieve sustainable growth.
Dr. Julie Xing, Global Board Chairman and Chief Executive Officer of Lee Kum Kee Sauce, speaks at the panel discussion of the 2026 Fortune Global 500 Forum, exchanging insights with industry leaders.
Under the theme “The New Growth Equation”, this year’s forum brought Dr. Xing and three other industry leaders, including Pingyi Huang, Senior Vice President of Shandong Weiqiao Pioneering Group Co., Ltd.; Weiming Xiang, Vice President, GE Aerospace and President, GE Aerospace Greater China; and John Qu, Senior Partner, McKinsey & Company, for a panel discussion titled “The Invisible Moat: Revaluing Soft Power and Sustainability”. Moderated by Wei Yue, Senior Editor at Fortune China, the discussion explored what truly constitutes long-term advantages that can withstand cycles amid rapid technological iteration and intensifying competition. Topics spanned brand trust and consumer mindshare in consumer goods, data insights and organizational transformation in the AI era, and the pathways and stages of globalization for Chinese enterprises.
During the panel discussion, Dr. Xing points out that a true moat is a 360-degree, multi-dimensional structure built on product quality, consumer experience, emotional value, and innovative scenarios. (Photo credit: Fortune Global 500 Forum)
“In an era where almost everything can be replicated, consumers’ mindshare and trust cannot,” Dr. Xing said during the discussion. “The real moat is not just the product itself — it is a 360-degree, multi-dimensional moat built on product quality, consumer experience, emotional value and innovative scenarios.” She added that AI is bringing disruptive changes from consumer insights to organizational structure, and that future-ready organizations must embrace a flatter structure powered by AI agents, redirecting freed-up resources toward strategic decision-making and long-term value creation.
On the topic of Chinese enterprise globalization, Dr. Xing shared a three-stage pathway from product export to local manufacturing to glocalization, emphasizing that true globalization means deeply understanding local consumers and serving local markets with local insights.
Dr. Julie Xing, named to the 2026 Fortune China MPW list, attends the MPW Breakfast and shares her thoughts on corporate competitiveness in the AI era. (Photo credit: Fortune Global 500 Forum)
During the Forum, Dr. Xing was invited to share her insights at the MPW Breakfast themed “Decision-Making Power in the Age of Efficiency”, where she joined leaders from across industries to discuss opportunities and challenges for businesses in the new era. She highlighted that while AI enhances operational efficiency, human judgment, leadership and long-termism remain more critical competitive advantages.
As a recipient of the 2026 Fortune China’s MPW list, Dr. Xing has earned this recognition for three consecutive years. Launched in 2010, the MPW list is regarded as one of the most representative rankings of women business leaders in China.
The Fortune Global 500 Forum this year brought together representatives from over 350 leading global companies, academic institutions, and business leaders worldwide. Discussions focused on topics including artificial intelligence, global supply chain transformation, sustainable development, and opportunities in emerging markets.
Looking ahead, Lee Kum Kee will continue to uphold its commitment to quality and innovation. Alongside driving business growth, the company will further deepen its sustainability practices, nurture talent, and enhance corporate governance, working with all stakeholders to forge new pathways to high-quality growth. Hashtag: #LeeKumKee #LKK
The issuer is solely responsible for the content of this announcement.
About Lee Kum Kee Sauce
Lee Kum Kee Sauce is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee Sauce’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee Sauce’s rich heritage, unwavering commitment to quality, sustainable practices and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.
About Fortune
Fortune is the premier global media company for global business leaders, built on a 96-year-old legacy of trusted, award-winning journalism. Independently owned, Fortune tells the story of business, spanning legacy companies to the world’s new generation of innovators. Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Fortune Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.
www.LKK.com
