Author: PRNEWSWIRE

NEW YORK, Feb. 23, 2026 /PRNewswire/ — Sela and 2bcloud announced their merger, forming one of the region’s largest multi-cloud engineering organizations. The move reflects accelerating demand for cloud-native, data-driven, and AI-powered transformation. The combined company will operate under the Sela brand, employ more than 500 cloud engineers, and hold premier partnership designations across Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. Together, the companies advance a shared mission: building the world’s #1 cloud services company for tech companies. As AI adoption surges, organizations face rising complexity, talent shortages, and pressure to modernize faster. The newly combined Sela–2bcloud organization is designed…

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New funding to accelerate the rollout of AI-native loan servicing, building the operational backbone for the next era of private credit TEL AVIV, Israel, Feb. 23, 2026 /PRNewswire/ — Hypercore, a loan management platform for private credit funds, today announced $13.5 million in Series A funding led by global software investor Insight Partners. The investment will fuel the launch of Hypercore’s AI Admin Agent – a new category of loan servicing that combines the company’s proven loan management technology with AI agents to deliver end-to-end operational infrastructure for private credit funds. Private credit has grown into a $3 trillion market, with funds facing mounting…

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New agentic and generative AI capabilities provide real-time insights, improving the accuracy of reviews and reclaiming countless analyst hours each month NEW YORK, Feb. 23, 2026 /PRNewswire/ — Alloy, the identity and fraud prevention platform provider behind over 800 fintechs and financial institutions, today announced the launch of the Alloy AI Assistant, a native, context-aware agentic AI solution to help organizations make faster, more confident decisions. The AI Assistant is embedded directly within Alloy’s risk and identity infrastructure and is able to understand and synthesize data to recommend a decision that a human can approve or configure to automatically accept. Fintechs and financial institutions today…

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Strategic acquisition forms a scaled, growth-led global platform spanning infrastructure, AI activation, managed services, and enterprise delivery. NEW YORK, Feb. 23, 2026 /PRNewswire/ — Myriad360, a global solutions and systems integrator specializing in cybersecurity, modern infrastructure, cloud, and artificial intelligence, today announced the acquisition of Advizex Technologies, a nationally recognized technology solutions provider with deep expertise in hybrid infrastructure, data engineering, AI platforms, and managed services. As enterprise demand accelerates for AI-ready infrastructure, data platform modernization, and lifecycle managed services, this acquisition forms a scaled enterprise platform representing over $900 million in annual run-rate gross revenue. The integrated organization expands technical depth, geographic reach,…

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SAN FRANCISCO, Feb. 23, 2026 /PRNewswire/ — Akash Systems, Inc., a pioneer in Diamond Cooling® technology, today announced it has delivered the world’s first Diamond Cooled GPUs to NxtGen AI PVT Ltd., India’s largest sovereign cloud provider. NxtGen has received the world’s most energy and capital efficient NVIDIA H200 GPU servers equipped with Akash’s proprietary Diamond Cooling® technology. This innovation is projected to reduce data center energy consumption and increase FLOPs/Watt by up to 15 percent per server in high data center ambient temperatures up to 50°C (122°F), compared to standard data centers, which operate at 24°C to 29°C (75°F to 85°F). Akash plans to release…

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SAN JOSE, Calif., Feb. 23, 2026 /PRNewswire/ — Global Financial AI, LLC today announced the launch of Financial AI®, a platform for strategy modeling and execution designed to support traders, asset managers, financial advisors and institutional investors across multiple asset classes. Financial AI® enables users to design, test, and refine trading and investment strategies using natural language prompts. The platform generates performance metrics, evaluates structural strengths and weaknesses, benchmarks results, and provides data-driven optimization recommendations. It supports a broad range of active and systematic strategies, including technical and macro-driven models, long/short equity portfolios, ETFs, options strategies, cryptocurrencies, event-driven approaches, and multi-strategy allocations. “Our mission with…

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OTTAWA, ON, Feb. 23, 2026 /PRNewswire/ – Today Woodway Assurance unveiled EviData™ 2.0, featuring EviChat™, a new AI companion that enhances the user experience with EviData, its flagship software that enables responsible data use by automating privacy risk assessments for de-identified and synthetic datasets. Organizations need data to innovate, but analytics and AI projects can stall when teams cannot show their data has been properly de-identified. EviData generates a clear, independent report on a dataset’s re-identification risk mapped to recognized guidance and standards, including those from the Ontario Information and Privacy Commissioner and ISO. What once took weeks of manual, complex work by external…

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Open collaboration in action: Arpit Joshipura speaking at the Agentic AI Summit and 5G Futures Summit as CAMARA, Sylva, and LF Education activate on the ground SAN FRANCISCO, Feb. 23, 2026 /PRNewswire/ — The Linux Foundation, the world’s leading home for open source collaboration, today announced its participation at Mobile World Congress (MWC) Barcelona 2026, taking place March 2–5, 2026. The Linux Foundation’s leaders and technical communities are heading to MWC 2026 to unveil pivotal advancements in AI-native networking and open-source cloud architectures that promise to fundamentally rewire global connectivity. Understanding these collaborative breakthroughs is now the ultimate professional “must-have,” as they represent the essential blueprint…

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SUNNYVALE, Calif., Feb. 23, 2026 /PRNewswire/ — Mili announced Mili Office, an agentic AI platform that connects to the systems advisors already use and handles complete workflows end-to-end. Mili first gained traction with a meeting agent. No recordings. No bots joining the call. Just preparation, notes, insights, and bi-directional CRM integrations. Mili Office is the next step. Chirag Gandhi, Co-Founder & CEO, Mili, said, “The firms already using Mili have seen what AI can do for their meetings. Now they want it everywhere. The ones that commit to this will outperform the ones that wait. That gap only widens from here.” How Mili Office Works The…

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SCOTTSDALE, Ariz., Feb. 23, 2026 /PRNewswire/ — TruTrade, a Scottsdale-based trading technology company specializing in next-generation automated trading software and AI-driven portfolio management solutions, is highlighting the growing importance of multi-system automation as financial markets continue to experience elevated volatility. As global markets face rapid directional shifts and persistent macroeconomic uncertainty, the company emphasizes the value of structured, rule-based infrastructure designed to operate across varying market regimes. Rather than relying on a single strategy or directional bias, TruTrade integrates multiple systematic trading models within a unified framework engineered to function synergistically in both rising and declining environments. Founded with the mission of expanding access to institutional-grade trading infrastructure, TruTrade focuses on…

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