Todays News

Talk Commerce Business Wire - The global leader in news distribution

  • TOURISE Announces USD 113BN in Portfolio Investments to Accelerate the Future of Tourism
    by WebSupport@BusinessWire.com on November 11, 2025 at 8:42 pm

    High‑impact dealmaking at the inaugural TOURISE Summit catalyzes cross‑sector capital for growth across the global tourism ecosystem.RIYADH, Saudi Arabia--(BUSINESS WIRE)--TOURISE, the bold global platform shaping a new horizon for tourism, announced today that it has catalyzed investment portfolios totaling USD 113BN at the inaugural TOURISE Summit in Riyadh. The milestone reflects TOURISE’s mission to unlock high‑value deal flow by convening public and private sector leaders across tourism, technology, investment, and sustainability to set a shared roadmap for the next 50 years of global tourism. The announced portfolio investments span the full breadth of the visitor economy: luxury retail, next‑generation hotel accommodation, large‑scale integrated, experience‑led developments, wellness, destination and lifestyle offerings, talent development, and AI‑powered platforms. Collectively, these commitments set a new standard for what’s possible, and what’s required, to meet future tourism needs and redesign the traveler journey. Just some of the international and local companies who announced their portfolios as part of the USD 113BN include: Melia Hotels, BWH Hotels, GOCO Hospitality, Cenomi, Radisson, Earth Hotels, Delonix & Ocean Link, AlFozan Holding, Al Kathiri Holding, Alothaim, and Knowledge Economic City. By combining hard infrastructure with human capital, and fusing data, design, and hospitality, these investments will unlock new value across the tourism ecosystem, create new job opportunities, and deliver unforgettable, purpose‑driven experiences at scale. Above all, many were Saudi focused, cementing the Kingdom’s international competitiveness and desirability as a leading global travel destination, where culture, innovation, and world‑class service come together, and signal to partners and investors that this is where the next era of tourism growth is to be built. Investment ushers in the next chapter of the global tourism economy His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of TOURISE, commented “TOURISE has been the catalyst that brings investors, policymakers, and innovators to the same table, turning vision into bankable partnerships and high‑impact deals. Together, we’re redefining the entire traveler economy—powered by AI, built on destination and experience excellence, and designed so growth and opportunity extend across the ecosystem.” Today’s announcement advances TOURISE’s founding purpose: to unite decision‑makers and disruptors across the public and private spheres to accelerate transformative partnerships and convert ambition into action through high‑impact dealmaking. With the announcement of such unprecedented levels in the tourism ecosystem, it highlights how TOURISE brings the right people together at the right time to drive outcomes that will reshape how the world travels, connects, and grows. About TOURISE TOURISE is the world’s premier platform shaping a new horizon for global tourism. Powered by the Saudi Ministry of Tourism, the inaugural TOURISE Summit will take place 11–13, November 2025 in Riyadh. TOURISE will convene visionaries from government, business, investment, and academia to unlock the innovations that will drive holistic impact initiatives and transformative deals that will reset the industry and build a tourism sector that is sustainable, equitable, and future-focused. Physically exclusive and digitally inclusive, TOURISE will ensure broad global participation while providing targeted access to visionaries shaping the future of global tourism. Following the Summit, TOURISE will extend as a year-round platform where bold ideas become real-world solutions. This is where the next 50 years of tourism are shaped. Together, we are unstoppable. For more information about TOURISE, visit www.TOURISE.com Contacts media@tourise.com

  • Flowspace Expands Fulfillment Coverage into Canada, Powering Seamless Cross-Border Shipping and Logistics
    by WebSupport@BusinessWire.com on November 11, 2025 at 8:18 pm

    Flowspace fulfillment coverage is now active across Canada, enabling delivery reach into major Canadian metros including Toronto, Montreal, and Vancouver. The expansion supports direct-to-consumer, parcel, and wholesale fulfillment through distributed fulfillment coverage across Canada.COSTA MESA, Calif.--(BUSINESS WIRE)--#canada--Flowspace, a modern fulfillment provider that combines powerful technology with expert operations, announced the expansion of its fulfillment coverage into Canada, enabling seamless cross-border commerce for leading U.S. brands. This strategic move addresses the growing demand from merchants for unified United States–Canada fulfillment coverage, simplifying shipping and logistics through integrated inventory management, order routing, and carrier partnerships. The expansion strengthens Flowspace’s North American coverage by extending service reach across key Canadian locations, ensuring efficient delivery coverage for major metros like Toronto, Montreal, and Vancouver. Through the Flowspace platform, merchants maintain a single system of record for orders, inventory, and performance across both countries, allowing real-time tracking and intelligent order routing to minimize costs and transit times. Existing integrations with platforms like Shopify and Amazon will continue to work seamlessly. Strengthening Flowspace’s North America Fulfillment Coverage This initiative empowers U.S.-based brands to expand into Canada—without the burden of managing separate fulfillment operations or adding headcount. With Flowspace, growing brands gain unified performance analytics and SLA transparency across both markets, supporting scalable international growth. “Expanding service coverage into Canada is a natural extension of our mission: to power fulfillment excellence for leading brands everywhere,” said Ben Eachus, CEO of Flowspace. “With access to Canada, the brands we serve can reach consumers on both sides of the border through one trusted provider.” About Flowspace Flowspace combines powerful technology with expert operations to deliver seamless, scalable fulfillment that grows with your business. Trusted by leading brands, the company is a reliable, confident expert, simplifying fulfillment so brands can scale and match demand everywhere. Contacts Media Contact: Karen Chao press@flow.spaceFlow.space

  • ElevenLabs Launches Advanced Capabilities for Enterprise AI Agents at Inaugural Summit
    by WebSupport@BusinessWire.com on November 11, 2025 at 8:00 pm

    New expressive voice modes, workflow tools, and speech recognition upgrades enable businesses to deploy more natural, capable conversational AI at scaleSAN FRANCISCO--(BUSINESS WIRE)--Today, ElevenLabs, the leading AI audio research and product company, unveiled major enhancements to its Agents platform at its inaugural ElevenLabs Summit, introducing capabilities that make conversational AI agents more reliable, easier to integrate with internal systems, and more accurate in their understanding. ElevenLabs’ Agents platform enables users to create and deploy bespoke conversational AI agents that can solve complex tasks – from cold calling to schedule optimization and beyond – for global businesses, and at scale. New Product Highlights Include: Native App Integrations: Secure, no-code connections for agents to fetch data, trigger workflows, send updates, or log events, all in real time. Initial integrations include HubSpot, Salesforce, ServiceNow, and Zendesk. Version Control: Full version control for agent configurations, workflows, and assets, allowing companies to preview and test changes before pushing to production. Agent Testing & Simulations: Enables agent simulations using past or custom conversations. Define success criteria, test tool calls, and ensure responses meet standards – all before deploying to production. Scribe v2 Realtime: The most accurate low-latency Speech to Text model, delivering live transcription in under 150ms, helping agents understand and respond reliably. Agent Coaching & Evaluation: A new feedback-driven layer that helps agents learn from every interaction, improving performance over time. “These new products lay the foundation for more responsive, agile voice solutions that empower enterprises to better meet their customers’ needs,” said Mati Staniszewski, CEO and Co-founder of ElevenLabs. “They also mark an important step forward in our deepening focus on agentic voice technology and our expansion into the enterprise space – delivering scalable, adaptable tools with real business impact.” The ElevenLabs Summit unites innovators shaping the voice of technology. Builders, researchers, and executives convene for honest discussions on what’s next, explorations of the tech driving breakthroughs, and live demos from teams already scaling conversational AI. Speakers at this year’s event included representatives from Salesforce, Square, Disney and MasterClass, as well as Grammy-winning artist and entrepreneur will.i.am. To learn more and see highlights from the event, please visit: https://summit.elevenlabs.io/ About ElevenLabs Founded in 2022, ElevenLabs is the global leader in AI audio research and technology, building cutting-edge AI audio tools for enterprises, developers, creators, and artists. The platform empowers millions of individuals and thousands of businesses, including employees from over 75% of the Fortune 500, to quickly and affordably create high-quality voice overs at scale, launch interactive AI voice agents in over 30 languages, and generate studio-quality music. Contacts ElevenLabs Press Contact: press@elevenlabs.io

  • Prana Labs Secures $150K to Advance Vayu, Its AI-Guided Breathwork and Mindful Technology Platform
    by WebSupport@BusinessWire.com on November 11, 2025 at 8:00 pm

    VANCOUVER, British Columbia--(BUSINESS WIRE)--$AAPL #breathwork--Prana Labs Inc., a Vancouver-based wellness technology company and creator of the AI-powered breathwork platform Vayu, has secured $150,000 in growth funding through national innovation partners. The investment fuels Prana Labs’ mission to make mindful technology more accessible, measurable, and human-centered. Founded by Deepali Raiththa and Dhruv Adhia, Prana Labs blends neuroscience, haptic design, and AI personalization to create embodied wellness experiences. Its flagship app, Vayu, uses Apple Watch sensors and haptic feedback to guide users through adaptive breathing sessions that sync with their body’s natural rhythms, helping reduce stress and enhance heart rate variability (HRV). “This support validates our vision to make mindfulness accessible, not aspirational,” said Deepali Raiththa, Co-Founder and Chief Design Officer. “Through micro-habit building and haptic-guided breathwork, Vayu helps people find stillness in motion, even in the busiest moments of their day.” With this milestone, Prana Labs will: Advance its AI-driven biofeedback technology to personalize wellness experiences. Expand user growth through corporate wellness and healthcare partnerships. Strengthen academic research collaborations on HRV, stress reduction, and cognitive health. “Vayu represents a new kind of mindfulness, where technology doesn’t distract but restores,” said Dhruv Adhia, Co-Founder and Business Advisor. “This round allows us to scale our vision of breathing technology that truly adapts to the human experience.” About Prana Labs Inc. Prana Labs is a Vancouver-based wellness technology company developing intelligent tools for breath, focus, and emotional balance. Its flagship product, Vayu, blends haptics, biofeedback, and AI to deliver personalized, evidence-based breathwork experiences for individuals and organizations. For more information, visit: www.vayu-prana.com Contacts Deepa Jatania, Marketing Specialist breathe@vayu-prana.com

  • Cerebras Systems Launches “Cerebras for Nations” -- A Global Initiative to Accelerate and Scale Sovereign AI
    by WebSupport@BusinessWire.com on November 11, 2025 at 8:00 pm

    SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, makers of the fastest AI infrastructure, today announced the launch of “Cerebras for Nations,” a global program to help world governments build, accelerate, and scale their sovereign AI initiatives. Under the Cerebras for Nations initiative, Cerebras will engage with international partner governments and their private sector datacenter, cloud, and AI ecosystems to advance three key pillars of sovereign AI: 1) Co-design and build world-class AI supercomputers: Cerebras’ AI supercomputers – powered by Cerebras’ revolutionary third generation Wafer-Scale Engine (WSE-3) chips and WSE-3 equipped CS-3 systems – deliver the industry’s fastest generative AI inference and AI model training. These systems enable GPU-impossible inference speeds for applications like voice, reasoning, agentic workflows; they also enable secure, domain- and language-specific state-of-the-art AI model training in a fraction of the time required by traditional GPU clusters. Cerebras for Nations will work with public and private sector facility and end user partners to deploy sovereign systems on premises in countries or make those infrastructure resources available by secure cloud. 2) Co-develop state-of-the-art AI models: Cerebras for Nations provides dedicated teams of Cerebras’ world-class AI research staff to partner with local government and industry project teams to quickly develop new state-of-the-art models for science, industry, society, then optimize and deploy those models for production inference. This partnership approach enables teams to build and deploy better models faster with complete infrastructure and data security and allows full trained model ownership to remain with the host institution. Cerebras and its partners, for example, have rapidly built and deployed dozens of new language- and domain-specific models that meet or beat state-of-the-art accuracy metrics on target problems. Examples include Jais (Arabic-English-code), Nanda (Hindi), SHERKALA (Kazakh), FLOR (multilingual Spanish-Catalan-English), and Med42 (clinical healthcare). 3) Invest locally to support education, workforce, and AI policy Initiatives: Cerebras for Nations enables partner countries to reach their national objectives of digital and economic transformation. Physical infrastructure is a big part of this – serving as a center of gravity and catalyst for industry and community and skill development – but it is not sufficient on its own. Cerebras partners with host nations, investing in local resources, supporting academic and public outreach, assisting with collaboration – training – and driving other workforce development projects. “We are thrilled to announce the launch of Cerebras for Nations, expanding access to AI compute and adding partnerships to accelerate AI for science and society around the world,” said Andy Hock, Chief Strategy Officer, Cerebras. “This initiative emerges from the extraordinary work we’ve done for years with the U.S. government, in the UK, and with our strategic partners G42 in the UAE. We look forward to expanding those partnerships and adding many more.” "Today’s announcement puts the UK at the heart of Cerebras’ global plans, a clear vote of confidence in our ability to harness AI to create jobs, transform the economy, and modernise public services,” said Kanishka Narayan, AI Minister of the UK. "It was great to meet Cerebras in San Francisco in October. I know firsthand how they are pushing the boundaries of AI. It is a powerhouse for future waves of innovation, backing the very people and communities who are helping drive their delivery.” Cerebras is proud to be a U.S. company, born and built in the United States, as well as a partner to our allied international community. As such, Cerebras for Nations simultaneously promotes both U.S. technology trade (see e.g. the recent US-UK Tech Prosperity Deal) and U.S. industry national interests, as well as expanded international access to accelerate sovereign initiatives. Cerebras for Nations is active and available now to international partners. We plan to continue and grow in the US, UK, and UAE, and expand to support additional engagements around the globe including India, Europe, Middle East, Asia, North and South America. For more information, please contact info@cerebras.net. About Cerebras Systems Cerebras Systems builds the fastest AI infrastructure in the world. We are a team of pioneering computer architects, computer scientists, AI researchers, and engineers. We make AI blisteringly fast through innovation and invention because we believe that when AI is fast it will change the world. Our flagship technology, the Wafer Scale Engine (WSE) is the world’s largest and fastest AI processor. At 56 times larger than the largest GPU, the WSE uses a fraction of the power per unit compute while delivering inference and training more than 20 times faster than the competition. Leading corporations, research institutes and governments on five continents chose Cerebras to run their AI workloads. Cerebras solutions are available on premise and in the cloud. For further information, visit cerebras.ai or follow us on LinkedIn, X and/or Threads. Contacts Media ContactPR@zmcommunications.com