New enhancement delivers native 100 Gbps access for AI, cloud, and high-throughput workloads

DENVER, July 14, 2026 — Flexential, a leading provider of secure and flexible data center solutions, has upgraded its private network backbone to 400 Gbps across several major U.S. metro markets, enabling customers to obtain 100 Gbps access ports and speeds by expanding the capacity behind its connectivity services.

The new enhancement is part of a phased rollout that spans 15 existing Flexential data centers in Atlanta, Dallas, Denver, and Portland – Hillsboro, Oregon. It will further support growing demand as AI training and inference workloads, large-scale data replication, and hybrid multi-cloud architectures generate traffic volumes that strain legacy 10 Gbps environments. Customers can now expand to 100 Gbps on a single port, with burstable options that allow them to increase capacity as requirements change.

“The companies investing most aggressively in AI and cloud infrastructure are hitting capacity limits on networks that were designed for a different era,” said Sam Rudek, COO of Flexential. “Our customers need to move data at scale between facilities, into cloud environments, and across regions without waiting months for provisioning or stitching together third-party connections. A 400 Gbps backbone gives them a foundation that matches the density and throughput their workloads require today and positions them for what’s coming next.”

The new 400 Gbps infrastructure increases the performance ceiling for connectivity services across the FlexAnywhere^® Platform, including Interconnection Mesh, Data Center Interconnect, and IP Bandwidth. In these markets, Flexential Fabric customers can provision additional capacity in less than 90 minutes without traditional order tickets or extended deployment cycles.

With native 100 Gbps connectivity into major carrier hotels, customers gain direct access to dense carrier and cloud ecosystems and reduce their dependence on third-party networks. Organizations connecting to AWS, Azure, Google Cloud, and Oracle can leverage dedicated throughput without traversing congested public peering points.

The upgrade will be delivered through Flexential Fabric, the company’s next-generation networking solution launched in 2024. Designed to support continuous innovation, Flexential Fabric enables ongoing enhancements to virtual networking services and capabilities. As part of this launch, Flexential is introducing new services, streamlined IP migration capabilities from legacy platforms, and additional features that help clients maximize the value of increased network capacity while simplifying connectivity and operational flexibility.

This investment underscores Flexential’s ongoing commitment to expanding its infrastructure footprint and supporting long-term customer growth. The company is developing new data center capacity in Atlanta, recently took ownership of two data center properties in Hillsboro, Oregon, and launched Flexential Marketplace to enable connectivity across its digital ecosystem. Additional Flexential markets will receive the 400 Gbps network upgrade early next year.

To learn more about Flexential’s private network and its connectivity services, visit flexential.com/interconnection.

About Flexential

Flexential empowers the IT journey of the most complex businesses by offering tailored hybrid IT solutions designed for today’s demanding high-density computing requirements. With colocation, cloud, interconnection, data protection, and professional services, the FlexAnywhere^® Platform anchors our services in over 40 data centers across 18 highly connected markets on a scalable 100+ Gbps private network backbone. Flexential solutions are strategically engineered to meet the most stringent challenges in security, compliance, and resiliency. Experience the power of IT flexibility and how we enable digital transformation at www.flexential.com.

Media Contact
Jaime Dumas
[email protected]

Christian Rizzo
Gregory for Flexential
[email protected]

SOURCE Flexential

Foundation gathers 40 members dedicated to building an open, vendor-neutral payment standard over HTTP

Summary

• The Linux Foundation today announced the operational launch of the x402 Foundation, a new open-governance body formed to steward the x402 protocol – the open standard for internet-native payments over HTTP.
• The x402 protocol, contributed by Coinbase, embeds secure payment capabilities directly into web interactions so that AI agents, APIs, and applications can send and receive payments as seamlessly as they exchange data, with support for payment types ranging from traditional cards to stablecoins.
• Founding members spanning finance, cloud infrastructure, and payments have committed to collaboratively developing the protocol under vendor-neutral governance, ensuring the payment layer of the internet remains open, interoperable, and free from lock-in.

SAN FRANCISCO, July 14, 2026 — The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the operational launch of the x402 Foundation and the completed contribution of the x402 protocol by Coinbase. The Foundation is now fully active under formal, open governance to steward the x402 protocol – the universal standard that embeds secure payment capabilities directly into web interactions, allowing AI agents, APIs, and applications to process financial transactions as easily as they exchange data.

“AI agents and automated systems are becoming active participants in the global economy, yet they have lacked a native, secure way to transact,” said Jim Zemlin, CEO of the Linux Foundation. “The operational launch of the x402 Foundation marks a vital milestone in establishing an open, community-governed standard for payments over HTTP. By bringing together leading companies across finance, technology and more, we’re ensuring that the payment layer of the internet remains neutral, highly interoperable and ready to support digital commerce.”

Under the neutral governance of the Linux Foundation, the x402 Foundation will allow developers, financial institutions, cloud providers and other community members to collaboratively shape the protocol’s development. This open structure ensures that payments remain highly secure and adaptable, supporting multiple payment types, from traditional cards to stablecoins, without vendor lock-in.

Since the Foundation’s intent to launch in April, 40 organizations have joined as members. Premier members include Adyen, Amazon Web Services (AWS), American Express, Circle, Cloudflare, Coinbase, Fiserv, Google, Mastercard, Monad Foundation, MoonPay, Ripple, Shopify, Solana Foundation, Stellar Development Foundation, Stripe, and Visa. General members include Aleo, Fireblocks, Galaxia Moneytree, Hecto Financial, Injective, KakaoPay, Kite AI, LayerZero Labs, Merit Systems, NEAR Foundation, Orthogonal, Polygon Labs, Quant Network, SKALE, t54 labs, utexo, World Liberty Financial, and zerohash. Associate Members include BSV Association, Cardano Foundation, Casper and Japanese Contents Blockchain Initiative, and OMA3.

To learn more about the x402 Foundation and membership opportunities, visit www.linuxfoundation.org/x402foundation/.

Supporting Quotes

“As AI agents take on more of the transaction lifecycle, the infrastructure behind them has to be built for control, interoperability, and trust from day one. We are excited to work with the x402 Foundation to shape open standards that let agents transact across the web while ensuring merchants can transact on their own terms.”

– Tom Adams, CTO, Adyen

“With the x402 Foundation now formally launched, American Express is pleased to continue supporting open, interoperable standards for internet-native payments. Our support reflects our longstanding commitment to helping advance digital commerce with trust and security at the center.”

– Luke Gebb, Executive Vice President, Global Innovation, American Express

“AI agents are becoming first-class participants in digital commerce, and they need a payments layer as open and interoperable as the internet itself. The x402 Foundation embodies that principle for the agentic era, proposing an open protocol for AI agents to transact programmatically, built on what customers want now, and extensible to what customers will need in the future.”

– Peyton Rice, General Manager, AWS Payments and Fraud Prevention

“At Circle, we’re building the open financial stack for the agentic economy. Agents can already call any API over HTTP; x402 gives them a native way to pay for it, standardizing payment as part of the request/response cycle. With x402 and USDC, agents can make payments that clear in seconds for a fraction of a cent. We’re excited to help steward x402 as an open, vendor-neutral standard.”

– Gagan Mac, Vice President, Arc Platform, Circle

“x402 was started at Coinbase to solve a real problem – AI agents had no native, interoperable way to pay for the things they needed to do. Moving the protocol to the Linux Foundation, with dozens of members spanning every corner of internet payments and infrastructure, is how open technology earns lasting trust across an industry. We look forward to building out x402 further with the community.” 

– Lincoln Murr, Head of AI Product, Coinbase

“Standards thrive when the industry actually shows up to build them. The incredible momentum behind this operational launch – and the 40 members now on board – proves how urgent a secure, native payment layer has become. Cloudflare is thrilled to welcome our new peers to the x402 Foundation. Together, we’re building the trusted, open architecture that will let agents transact at Internet scale.”

– Stephanie Cohen, Chief Strategy Officer, Cloudflare

“Agentic commerce requires open, interoperable standards that enable the seamless exchange of value across the internet. The operational launch of the x402 Foundation is an important step forward, and Fiserv is committed to helping advance this standard to support secure, scalable commerce for businesses of all sizes.”

– Sanjay Saraf, Chief Product Officer, Merchant Solutions, Fiserv

“x402 gives the industry an open, internet-native standard for payments over HTTP. This is how we keep the emerging agentic economy interoperable. The Stellar Development Foundation is proud to help shape this new standard and build out this new economy.”

– Denelle Dixon, CEO and Executive Director, Stellar Development Foundation

“Most of the conversation around agentic payments stops at the transaction. But agents don’t just need to send money, they need to manage it. MoonPay is building the complete financial stack for the agentic era: the infrastructure to access and move value, the wallets to hold it, and now the intelligence to account for every dollar on the other side. x402 makes payments native to the web. We’re making sure the entire financial operation behind those payments is native to the agent.”

– Halsey Huth, Head of Ecosystems, MoonPay

“As AI agents begin to take on more of the transaction lifecycle, they will need a way to pay that is as fast and reliable as the way they already exchange data. Open standards like x402 help lay the foundation for trusted, interoperable machine-to-machine payments. We’ve been building the tools and infrastructure needed to support that future on the XRP Ledger, including support for x402 that enables agents to transact using XRP and RLUSD today. Alongside the x402 Foundation, we’re committed to helping ensure those standards work consistently across the industry.”

– Markus Infanger, Senior Vice President of RippleX, Ripple

“Stripe is building the economic infrastructure for AI. We’re excited to work with the x402 community to help businesses accept payments from agents and empower agents to become economic actors on the internet.”

– Kevin Miller, Head of Payments, Stripe

“Open payment standards like x402 are the starting point for building an agentic economy. As it scales, the importance of permissionless, scalable payment rails becomes evident, and we are focused on solving these problems on Solana.”

– Rishin Sharma, Head of AI Growth, Solana Foundation

“As people and businesses increasingly use AI agents to get work done, internet-native payments will need the same secure, trusted and interoperable foundation that powers digital commerce today. Through Mastercard Agent Pay for Machines and our work with the x402 Foundation, we’re helping shape an open, collaborative ecosystem that enables enterprise adoption and unlocks machine payments at scale.”

– Sherri Haymond, Global Head of Digital Commercialization, Mastercard

“AI agents now book travel, replenish inventory, call paid APIs, and purchase compute on behalf of the people and businesses they serve, and that activity is shifting from purely making recommendations to execution. This exposes a gap in the architecture of the web, which has never had a native mechanism for one program to pay another. x402 addresses this gap. By contributing to x402, Monad Foundation will help define how the protocol lets agents discover, authorize, and settle value, which places the Foundation among the institutions shaping how agentic commerce will operate over the coming decade.”

– Raj Parekh, Head of Stablecoins and Payments, Monad Foundation

“Commerce will not run on a single agent, protocol, or payment method. The future will be built on interoperability. By supporting the x402 Foundation, Visa is helping advance an ecosystem where agents can transact securely across platforms, networks, and payment types.”

– Rubail Birwadker, Senior Vice President, Head of Growth Products and Partnerships, Visa

About the Linux Foundation

The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure including Linux, Kubernetes, Node.js, ONAP, OpenChain, OpenSSF, OpenStack, PyTorch, RISC-V, SPDX, Zephyr, and more. The Linux Foundation is focused on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

For a list of trademarks of The Linux Foundation, please see its trademark usage page: linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.

Media Contact

The Linux Foundation

[email protected]

SOURCE The Linux Foundation

Its sellers range from an eight-figure hypnotist to teenage sales trainers to Daymond John. Until today, most people weren’t allowed in.

MIAMI, July 14, 2026 — Commas, the software platform with integrated payments quietly powering billions of dollars a year in sales for online businesses, today opened its platform to everyone making money on the internet, ending the invitation-only access it had maintained for established sellers. The move coincides with the company’s rebrand from FanBasis to Commas (the new name is a nod to the commas that appear in a bank balance as it grows).

Commas has scaled almost entirely by word of mouth: most new sellers arrive referred by existing ones, and sellers more than double their revenue in their first year on the platform. Its sellers range from an eight-figure hypnotist to teenagers teaching high-ticket sales to sports picks communities with tens of thousands of members, alongside some of the internet’s best-known entrepreneurs, including Daymond John, Jeremy Miner, Alex Eubank, and Dan Fleyshman. Commas is backed by Left Lane Capital, Ryan Serhant, Gerard Piqué, and KSI and The Sidemen.

“AI is already starting to displace people from their jobs, and we’re building the place they land,” said Yash Daftary, founder and CEO of Commas. “Our goal is to commoditize making money on the internet, because not everyone can build a business from scratch, and on Commas they won’t have to. You can launch in minutes, scale as far as it goes, or earn inside businesses that already work. When people think about making money on the internet, we want them to think Commas.”

What opens today

Anyone can now create a free account at commas.com and sell on the same infrastructure that runs businesses at nine-figure scale. Building an online business used to mean stitching together the technical side yourself: the checkout, the marketing stack, the delivery. On Commas, one account carries all of it (checkout, funnels, courses, communities, webinars, and affiliates), and entrepreneurs can go from idea to selling in minutes, with a forthcoming AI co-pilot set to make the process even faster.

The payment engine is the core of the pitch: intelligent routing across multiple processors captures approvals a single-processor setup loses, buy-now-pay-later options let buyers pay over time while sellers get paid in full, and failed payments are recovered automatically. The result, the company says, is that Commas earns its keep through the extra revenue it captures for sellers.

“Most platforms are a collection of tools. Commas is an ecosystem,” said Alisha Mody, Chief Product Officer at Commas. “Your checkout, funnels, courses, community, and webinars all share one brain, so every product makes the others work harder and the whole system keeps finding you more revenue. You can’t get that by stitching tools together, and it’s why sellers earn more here.”

The bet

Millions are already turning to the internet to make money, and Commas is betting the shift from employee to entrepreneur will only accelerate. Later this year, the company plans to launch embedded finance, a cross-seller marketplace, and an affiliate center for people who want to earn online without running a business of their own.

“The internet economy isn’t a category anymore, it’s becoming the economy,” Daftary added. “Amazon built the infrastructure for physical commerce and Shopify built it for e-commerce. We’re building it for people whose businesses exist only on the internet, whether they’re making their first sale or their hundred-millionth.”

About Commas

Commas is where you make money on the internet. Sellers create, sell, get paid, and grow from one account: checkouts, funnels, courses, communities, webinars, and affiliates, built on a payment engine designed to get sellers paid more. Sellers doing billions of dollars a year in combined sales run on Commas, from first-time founders to nine-figure businesses, and sellers more than double their revenue in their first year on the platform. Formerly FanBasis, the company rebranded to Commas in July 2026 as it opened the platform to everyone earning online. Commas is headquartered in Miami. Learn more at commas.com.

SOURCE Commas

An AI agent designed a RISC-V CPU core in about 12 hours. Now an AI agent is writing and testing its firmware on real silicon.

SAN FRANCISCO, July 14, 2026 — Embedder, the AI coding agent for firmware and embedded systems, and Verkor, the company behind the autonomous chip design system Conductor, today announced a partnership linking AI-driven silicon design to AI-driven firmware development. Together, the two companies cover the full stack — from a written spec to verified embedded software.

New silicon has always waited on software. Every chip needs bring-up code, drivers, and reference firmware before anyone can build on it — work that normally leans on vendor ecosystems built up over years. VerCore — the RISC-V core Conductor just designed — has none of that. Embedder builds that context from scratch, grounding it in the reference documentation. Then it drives the test equipment to prove the firmware actually works on real silicon.

“Chip design used to take months. Verkor just cut it down to a day,” said Ethan Gibbs, CEO of Embedder. “That makes firmware the next bottleneck, and firmware is the problem we built Embedder to solve. A brand-new core nobody has ever written code for is normally the hardest week of a firmware engineer’s career. For Embedder it’s a normal Tuesday.”

Verkor’s Conductor produced VerCore, a complete RISC-V CPU core, from a 219-word prompt in roughly 12 hours. In simulation the core runs at 1.48 GHz and posts a CoreMark score of 3,261. An FPGA implementation of Vercore is fully operational.

“A system is only proven when software runs successfully on its hardware. AI-based software and hardware co-development speeds up building and validating a fully working system, taking it from years to days. This partnership gives AI-designed silicon a software story on day one and pushes fully integrated system development and deployment to the next level for the industry,” said Suresh Krishna, CEO of Verkor.

About Embedder. Embedder is the AI coding agent for firmware and embedded systems. It understands the reference documentation and drives test equipment, closing the loop between source and silicon so embedded teams can get to market faster. Engineering teams across automotive, defense, IoT, and consumer electronics are using Embedder to generate verified firmware for complex applications.

About Verkor. Verkor, founded by top AI researchers and semiconductor veterans, builds semiconductors end-to-end — from concept to verified, tape-out-ready layout (GDSII) — through its platform, Conductor. Proven on numerous ASIC and FPGA designs, Conductor compresses time-to-tape-out from years to days. Leading-edge customers are using Conductor to build chips for the data center, networking, automotive, and IoT, among other areas.

Media Contacts
Jonah Perry — [email protected]
David Chin — [email protected]

SOURCE Embedder; Verkor

Series A round with strategic investment from Tether and participation from Blockchange Ventures and Lasagna will make PACT the infrastructure layer for USA₮ across payroll, earned wage access, credit, and payments.

SAN FRANCISCO, July 14, 2026 — Pact Labs today announced its Series A financing, anchored by a strategic investment from Tether, the world’s largest company in the digital asset ecosystem, with participation from Blockchange Ventures and Lasagna. The $7 million round will accelerate the buildout of infrastructure, bringing USA₮, a U.S. dollar-backed stablecoin issued by Anchorage Digital Bank, N.A., which Tether has collaborated to launch, to payroll, earned wage access, credit, and payments for millions of American workers.

America’s $10 trillion payroll system still runs on rails built decades ago. Workers wait weeks for money they’ve already earned — and paid over $12 billion in overdraft fees last year waiting. PACT’s infrastructure tokenizes the paycheck, making wages instant, credit programmable, and payments 24/7.

“With Tether as our strategic partner, USA₮ becomes the digital dollar working Americans actually use — every payday.”

“USA₮ was built to serve real people, and nothing is more real than a paycheck,” said Bo Hines, CEO of Tether USA₮. “Pact Labs gives us the rails to put digital dollars designed to be compliant with U.S. regulations directly into the hands of millions of American workers — faster, cheaper, and without the intermediaries that slow them down.”

Through its SDKs, Pact Labs has already deployed hundreds of thousands of embedded wallets and live stablecoin payroll flows across enterprise platforms, with additional partnership announcements to follow.

About Pact Labs
Pact Labs is the development and infrastructure-building arm of PACT, responsible for designing and deploying the technical systems that power the PACT protocol and its consumer products. Pact Labs builds the core wallet, data, and payment infrastructure, and smart contract architecture that connect the PACT Protocol to real-world fintechs and their end users. Its integrations have facilitated over $1.9 billion in credit across emerging markets and now powers compliant on-chain payroll infrastructure in partnership with Payactiv and Tether‘s USAT. Pact Labs operates as a key member of the PACT Consortium, providing the technical foundation that the Consortium’s global network of fintechs, asset managers, and infrastructure partners depend on. Follow Pact Labs online: X | Web

About PACT Foundation
PACT is the orchestration layer for global stablecoin finance, providing a protocol that connects fintech platforms, stablecoin issuers, and institutional capital onto a single programmable settlement layer. The PACT protocol provides permissioned smart contracts built on a permissionless settlement layer, enabling fintech platforms to plug directly into stablecoin rails without rebuilding existing backends. Core capabilities include 24/7 on-chain settlement replacing legacy ACH infrastructure, autonomous stablecoin liquidity routing for payroll, lending, and EWA, and automated reconciliation that eliminates intermediaries and distributes value in real time. PACT is the infrastructure layer powering compliant, global stablecoin finance at scale. Follow PACT online: X | Telegram | Discord | Medium | Web

About USA₮
USA₮ is a dollar-backed stablecoin issued by Anchorage Digital Bank that Tether, the global leader in stablecoin technology, has collaborated to launch. Purpose-built to serve the U.S. market and support American regulatory standards, USA₮ is a foundational rail for the next generation of American commerce, trade, and finance.

USA₮ underscores Tether‘s commitment to driving U.S. dominance and leadership in the evolving digital asset economy. As part of the broader Tether ecosystem, USA₮ aims to set a new benchmark in the U.S. for utility-driven stablecoins designed to deliver long-term value, strong governance, and real-world applications.

Media Contact:
Brady Nagel
Head of Marketing, Pact Labs
[email protected]

SOURCE Pact Labs

Martinson Will Lead Atombeam’s Aggressive Growth Plans for Neurpac, its AI-powered Software Solution Designed to Address the Infrastructure Challenges of the AI Era

MORAGA, Calif., July 14, 2026 — Atombeam, an AI technology company that enables organizations to exponentially increase the available bandwidth of their existing infrastructure with software alone, today announced the appointment of veteran executive leader Cody Martinson as president of the company’s growing Neurpac division. Martinson will oversee all operations of the division, which includes engineering, product marketing and sales.

“Cody has a proven track record of bringing true innovation to emerging technology markets,” said Charles Yeomans, founder and CEO of Atombeam. “The demand for real-time data transmission across constrained networks — among them satellite links, cellular connections, and legacy industrial infrastructure — is accelerating faster than traditional solutions can keep up. Cody understands this problem deeply, and he understands why Neurpac is uniquely positioned to solve it.”

Powered by AI that encodes and decodes patterns within data in milliseconds, Neurpac enables compaction that makes all data far smaller, searchable, inherently secure, always accessible and lightweight for real-time exchanges. Neurpac decreases the size of data by 75% and enables any connection to process exponentially more of it, with available bandwidth on any wired or wireless network – including cellular and satellite –  increasing by a factor of 4x or more.

Neurpac can be deployed in any environment or existing stack with no new hardware in mere minutes, and works with any kind of data, including block, file, video, and SCADA. Neurpac is proven in use with financial services companies, the U.S. military and in other high-demand environments where enterprises require mission-critical data to move unimpeded in any direction even on bandwidth-constrained environments. Neurpac also enables data centers to achieve exceptional efficiency gains and is ideally suited for large-scale database transfers.

“Neurpac reflects the innovation of people like James Luciani, senior vice president of engineering at Atombeam. Previously, Jim helped found and led engineering for Akamai’s Emerging Mobile Business Unit, where he architected products that dramatically improved Quality of Experience (QoE) for mobile customers and powered in-vehicle content delivery, from firmware updates to entertainment systems. Before that, he led next-generation switching and routing product development at Ericsson, taking their internally developed family of routing products from concept through deployment,” said Martinson. “Technological milestones often require a corresponding infrastructure transformation, but what we are seeing today is unprecedented because of the sheer computing power AI requires, and its impact on existing networks, systems, and data centers. With Neurpac, businesses have an alternative to the monumental capital expenditures required to build out their infrastructure for AI and other burgeoning data and bandwidth-heavy workloads.”

Martinson brings nearly two decades of senior leadership experience to Atombeam’s Neurpac division. Before joining Atombeam he was the president, director at Telleqt, a global AI software company that specializes in enabling businesses to use predictive models to derive more value from their data. Prior to that, Martinson served as president of Artacle after serving as the CEO of DANATEQ, the provider of a self-learning cognitive analytics platform. He received his bachelor’s from Northwood University.

About Atombeam

Atombeam is an AI technology company that uses AI to overcome the infrastructure challenges exacerbated by the stateless nature of Large Language Models (LLMs) and the dramatic growth of connected machines. The company’s Neurpac solution enables organizations to shrink the size of all data, including file, block, SCADA and video by 75%. Neurpac also increases available bandwidth by up to 9x, strengthens security, and radically decreases latency with a software-only solution that can be deployed in existing stacks in just minutes. Enterprises gain the ability to do more with, and extend the life of, legacy infrastructure while simultaneously improving the performance of state-of-the-art wired, cellular and satellite networks. Atombeam is also developing the Persistent Cognitive Machine (PCM), a new AI architecture that supports continuous learning with real memory, delivering the understanding required for in-the-moment decision making in a solution light enough for chips and devices. For more information, visit www.atombeamtech.com or follow us on LinkedIn, Facebook or YouTube.

Media Contact:
Ken Phillips
Guyer Group for Atombeam
P: 781-996-1866
E: [email protected]

SOURCE Atombeam

DAYTON, Ohio, July 14, 2026 — AmeriWater, a leading provider of water purification solutions for critical healthcare applications, has completed the acquisition of Med Water Systems (“Med Water” or the “Company”). The addition of Med Water will significantly expand AmeriWater’s presence in the clinical laboratory and sterile processing markets, deepening its ability to serve hospitals, healthcare systems, and diagnostics facilities across the United States.

Med Water Systems is a provider of high-purity water systems for clinical analyzers and sterile processing applications, serving customers across the U.S. Founded in 2014 and headquartered in Woods Cross, Utah, Med Water has established itself as a valuable partner to major health systems by providing highly reliable water systems combined with an industry-leading national service model.

“We are excited to welcome Med Water to AmeriWater. Together, we are creating a leading clinical water platform with expanded technical expertise, service capabilities, and resources to support customers who depend on reliable, high-quality water systems every day,” said Doug Lohse, CEO of AmeriWater. “Med Water has earned a strong reputation for customer focus and technical excellence, and we look forward to building on that foundation as we continue to serve the critical needs of our customers.”

“We are excited to join AmeriWater and believe this partnership represents an important next step for Med Water Systems, our employees, and our customers,” said Richard Day, CEO at Med Water. “Together, we will have the scale, capabilities, and resources to pursue new growth opportunities while continuing to deliver the responsiveness and expertise that our customers have come to expect.”

BofA Securities acted as the exclusive financial advisor to Med Water.

About AmeriWater
AmeriWater is an industry leader in the design, manufacture, installation, and supply of water purification systems and services for the healthcare sector, including dialysis and sterile processing, as well as industrial and other applications. AmeriWater offers a broad portfolio of configurable products and components that meet stringent regulatory and customer standards. AmeriWater is headquartered in Dayton, Ohio. For more information, visit www.ameriwater.com.

About Med Water Systems
Med Water Systems is a manufacturer of laboratory water purification systems for clinical analyzers, offering the highest-purity water in high volumes for research labs, healthcare facilities, and hospitals. The Company’s product portfolio includes laboratory systems, sterile processing devices, and a recurring consumables and service offering. Med Water Systems is headquartered in Woods Cross, Utah. For more information, visit www.medwatersystems.com.

About Edgewater Capital Partners
Headquartered in Cleveland, Ohio, Edgewater Capital Partners is a sector-focused private equity firm investing in middle-market performance materials and services businesses. The firm has extensive experience investing in people, technology, and infrastructure to accelerate the growth trajectory of specialty industrials, advanced materials, specialty chemicals, and life sciences businesses. Over twenty-five years of industry-specific investing has allowed the firm to develop a deep understanding of the complexities and nuances common to these businesses. For more information, please visit www.edgewatercapital.com.

SOURCE AmeriWater

Transit brings predictable locked rate stablecoin conversion to platforms managing stablecoin balances
across major stablecoins, including USDC, USDG, and PYUSD

NEW YORK, July 14, 2026 — Paxos Labs, the enterprise-grade stablecoin infrastructure provider, today announced the launch of Amplify Transit (“Transit”), stablecoin conversion technology that enables platforms, protocols, and treasuries to move between major stablecoins across chains at predictable fees and locked rates. By providing the infrastructure for stablecoin conversion and movement, Transit allows platforms to maintain control over their customer relationships, interfaces, and margins. Already live and operating at scale, Transit has moved almost $30 million (as of July 13) on Robinhood Chain since going live on July 1, 2026.

Through a single API integration, Transit enables platforms to convert between USDC, USDG, and PYUSD with guaranteed output amounts and around-the-clock availability. Transit is chain-agnostic by design and initially supports movement across Ethereum and Robinhood Chain. Additionally, Amplify Transit has been selected as the integration of choice for Morpho, Jumper, Across, and Arcus as they build on Robinhood Chain.

“Stablecoin adoption has reached a point where issuance is only the beginning,” said Bhau Kotecha, Co-Founder at Paxos Labs. “As platforms manage more stablecoins across more chains, they need infrastructure that allows them to move those assets predictably and efficiently. We built Transit to give platforms predictable economics at any scale while allowing them to maintain control over the experience and value they provide to their customers.”

As platforms begin supporting multiple stablecoins and operating across multiple chains, moving between those assets becomes increasingly complex and fragmented. A payments company may settle in PYUSD, a trading desk may hold USDC, and an exchange may operate on USDG, yet all of these assets must be converted, moved and unified before platforms can effectively put them to use.

Transit gives platforms a predictable way to manage this movement at scale. Exchanges, wallets, treasuries, fintechs, and protocols managing stablecoin balances receive a fixed fee per route, regardless of the size of the transaction, while rates are locked at the time of submission to guarantee the output amount before settlement. Conversions are available around the clock, including nights, weekends, and holidays, matching the always-on nature of the markets it serves.

“Robinhood Chain shows that stablecoins are becoming central to new financial ecosystems, and the volume Transit has already powered demonstrates the need for infrastructure that can move assets predictably from day one. Transit gives platforms the flexibility to support that growth while maintaining control over their economics and customer experience,” added Kotecha.

Transit adds to Paxos Labs’ product suite, acting as the movement layer of Amplify, the company’s infrastructure stack for platforms that want to mint, move and monetize digital assets. Amplify platforms can launch branded stablecoins, move between stablecoins and chains through Transit, and put stablecoin balances to work through Amplify Earn, all through a single integration.

ABOUT PAXOS LABS
Paxos Labs is the enterprise-grade stablecoin monetization infrastructure provider that gives platforms the tools to mint, move, and monetize digital assets, making them productive for their users. Its flagship product, the Amplify Suite, is a single integration to mint branded stablecoins, orchestrate stablecoin movement across chains, and embed yield. Incubated within Paxos and built on its $180B+ track record in tokenization and more than a decade of regulatory expertise, Paxos Labs brings institutional trust and rigor to the integration layer that makes stablecoins composable and accessible for the platforms building on them.

For more information visit paxoslabs.com

Media Contact
[email protected]

SOURCE Paxos Labs

NEW YORK, July 14, 2026 — Job Research Foundation, which seeks to help find a cure and treatments for Job Syndrome, has announced the ninth round of grant funding. The Foundation will award up to two grants in the amount of $200,000 each over a two-year period for scientific research into the causes of, and treatments for, Job Syndrome. To date, the organization has funded a total of seventeen research projects across the world.

Grant applications can be found online at https://www.jobresearchfoundation.org/grant-proposal-application. The deadline to apply is October 16, 2026.

The long-term goal of the Foundation is to help advance research to find a cure for Job Syndrome, a rare multisystem immunodeficiency disorder. In the short term, the Foundation hopes the research will improve the treatments for current patients. Previous applicants are encouraged to re-apply as well as collaborate with other institutions to expand their research. The application process is open to researchers worldwide and awardees will be announced in January 2027.

Also known as Autosomal Dominant Hyperimmunoglobulin E Syndrome (AD-HIES), Job Syndrome was discovered in 1966 and is a rare multisystem immunodeficiency disorder found in males and females worldwide. Visit https://www.jobresearchfoundation.org/ for additional details.

MEDIA CONTACT: Risa B. Hoag, GMGPR, 845-627-3000, [email protected]

SOURCE Job Research Foundation