Harris Teeter will make a range of store enhancements across Charlotte and surrounding communities, with updates varying by location, alongside the development of three new stores in the Charlotte metro area.

MATTHEWS, N.C., Sept. 15, 2026 — Harris Teeter announced today it will invest approximately $253 million over the next three years to refresh and modernize select stores across the Charlotte, N.C. area. The investment also includes the development of three new stores.

The investment includes stores throughout the Charlotte metro area, with renovations and enhancements planned for locations such as Fort Mill and Rock Hill, S.C., and Matthews, Waxhaw, Concord and Huntersville, N.C., along with many other communities across the region. These improvements are designed to make shopping easier, more convenient and more enjoyable for customers. In addition, Harris Teeter plans to open three new stores in Fort Mill, S.C., Lake Wylie, S.C., and Kannapolis, N.C., further strengthening its commitment to the region.

“For generations, Charlotte families have made us a part of their neighborhoods and this investment reflects our long-term commitment to the customers and communities we serve,” said Tammy DeBoer, president of Harris Teeter. “These investments reflect areas where we believe we can better support our customers and communities — from select department and service enhancements to updates that improve convenience in stores.”

The store refresh initiative will include a variety of enhancements that vary by location, which may include:

• Expanded offerings in fresh, bakery and prepared food areas
• Layout and fixture updates designed to support easier navigation in some stores
• Shopping cart, exterior or parking-area improvements at select locations
• Faster and more convenient pickup and delivery services
• Updated decor, signage and store environments

Customers will begin seeing store updates roll out in phases, with timing and scope varying across locations over the next three years. As renovations are completed, customers can look forward to grand re-opening celebrations this fall, featuring Harris Teeter’s signature Taste of Teeter events. The celebrations will include free samples, special events and opportunities for customers to experience the newly refreshed stores at their neighborhood market.

Additional details about specific store re-openings and celebrations will be shared throughout the rollout.

Harris Teeter’s History in Charlotte

Harris Teeter’s roots in the Charlotte area date back 90 years, to 1936, when co-founder W.T. Harris opened his first grocery store. The company was officially formed in 1960 when W.T. Harris and Willis L. Teeter combined to form Charlotte’s hometown grocery store, Harris Teeter. Since its founding, Harris Teeter has been known for high-quality products, clean stores and superior customer service, which has guided the company through its 65-year history in the Carolinas.

Harris Teeter Helping Together

As Harris Teeter invests in the future of its stores, the company remains equally committed to investing in the communities that have supported it for generations through local partnerships, hunger relief initiatives and community-focused giving programs. Through these efforts, Harris Teeter provides millions of dollars in food and financial support each year to advance the missions of nonprofit organizations and help address critical community needs across the communities it serves.

Hunger relief is one of Harris Teeter’s largest and longest-standing areas of community investment. In the Charlotte region alone, the company has contributed more than $27.4 million in food and funds to hunger relief efforts over the last decade through food rescue efforts, Round Up campaigns, community fundraising events and partnerships with local nonprofit organizations.

“As Charlotte’s hometown retailer, we are proud to continue investing in the communities that have supported Harris Teeter for generations,” said Danna Robinson, director of corporate affairs and customer relations. “These enhancements reflect our commitment to our customers, our associates and the future of the region we call home.”

For more information, visit harristeeter.com and stay connected on Instagram and Facebook.

About Harris Teeter

For more than 60 years, Harris Teeter, a wholly-owned subsidiary of The Kroger Co. (NYSE: KR), has enriched lives – one meal, one family, one associate and one community at a time. Headquartered in Matthews, North Carolina, Harris Teeter employs 36,000 valued associates across more than 250 stores and 85 fuel centers in North Carolina, South Carolina, Virginia, Georgia, Maryland, Delaware, Florida and the District of Columbia.

SOURCE Harris Teeter

Nonstop AI portfolio includes Reference Architecture, Data Interface, Software, Server, and Platform

PALO ALTO, Calif., Sept. 15, 2026 — Delos Data today expanded the Delos Nonstop AI™ portfolio with the addition of the Delos Nonstop AI™ Data Interface and Delos Nonstop AI Reference Architecture for low-latency, high-bandwidth, resilient agentic AI infrastructure. The new offerings round out the previously announced Delos Nonstop AI™ Clusters and Delos Nonstop AI™ Server enabling end-customers to build scalable AI clusters to dramatically lower cost per token. Today’s Agentic AI Infrastructure requires putting together a Mixture of “X” Infrastructure (MoXI): a mixture of hardware, a mixture of models, and a mixture of switches, links, and topologies, all serving one workload.

The company also announced it has raised over $100 million from Matrix, Playground, Socratic Partners, Capricorn’s Technology Impact Fund, Matter Venture Partners, IAG, and industry luminaries from across compute, hyperscale, scalable systems, networking silicon, infrastructure software, and optical connectivity to launch Delos Nonstop AI.

“There has been real excitement around optical links, new standards, and die-to-die interconnects, each one solving a real piece of the puzzle,” said Ed Doe, CEO and co-founder of Delos Data. “What’s missing is the network in aggregate, rethought for a workload that didn’t exist when these networks were designed. Agentic AI is always on, always running, always being fed. You can’t get there by applying the old network to a new problem. Delos Nonstop AI is about building the faster, stronger, more efficient AI capacity and putting some MoXI into the infrastructure.”

“The data interface to endpoints in AI workloads is a critical enabler of performance. It stitches everything together in the right way,” said Dan Daly, CTO and co-founder of Delos Data. “These engines spend most of their time waiting to be fed. When you’re stitching together endpoints from different vendors at this scale, you can’t engineer failure away, you must build for it from the beginning. Get those two things right and the efficiency follows: faster frees up capacity, and always available means more time doing real work instead of recovering.”

Delos Nonstop AI™ Reference Architecture. A system-level blueprint for agentic AI infrastructure organized around quicker data movement between endpoints, larger scale to the order of hundreds of thousands of devices rather than one rack or a handful and higher resiliency to endpoint, network, software, and link failures. The architecture introduces a data interface between every endpoint in the data domain, so that heterogeneous compute, acceleration, memory, and storage can be composed to the workload to deliver Nonstop Tokens.

Delos Nonstop AI Data Interface. One data interface, delivered in three form factors so it can serve each class of endpoint:

1. I/O chiplet – 30+ Tbps, multi-protocol, for GPUs, XPUs, and Accelerators
2. Near-packaged optics – 10+ Tbps, multi-protocol, integrating Delos Data Interface with leading optical engines
3. Card – 400+ Gbps, multi-protocol, for CPUs, flash, and memory endpoints joining the Nonstop AI data domain

Delos Nonstop AI Data Interface enables each endpoint to have higher bandwidth and lower latency to every other endpoint. Because it sits between the endpoint and the network, the Delos Nonstop AI Data Interface is the first place a failure on the other side can be detected. It manages the recovery in hardware, whether the cause is a dead accelerator, a broken link, or a routine software update. Delos Data targets 10x faster performance, 10x stronger resiliency, and 10x higher scale than what endpoints can achieve today.

Delos Nonstop AI Clusters now include a platform to design and simulate a cluster topology before deployment. The platform combines a PCIe card for validating IP against real workloads across different network topologies, data interface logic for pre-silicon simulation and emulation, and a behavior-accurate, cluster-level performance modeling suite for evaluating scale, failure modes, and reliable transport. It supports a variety of topologies, letting infrastructure teams and model builders co-design infrastructure with their workloads before committing to a build.

Availability and business model
Delos Nonstop AI Clusters, showcased earlier this year at GTC, is in production today running clusters built using existing infrastructure. The platform is available now for customers to co-design their next-generation agentic AI infrastructure. Delos Nonstop AI Server, showcased earlier this year at Computex, will sample to customers at the end of 2026.

See Delos live at AI Infra Summit
Delos Data is exhibiting at booth 1344 at the AI Infra Summit, showcasing its technology and products – including Nonstop AI Cluster Live, a showcasing of heterogeneous endpoints composed into a single data domain, moving data through Delos Nonstop AI Data Interfaces and surviving failures without stopping the workload. Attendees can see the Delos Nonstop AI Clusters in operation and meet with the team.

About Delos Data
Delos Data is building Delos Nonstop AI™ for faster, stronger and more efficient inference, starting from how compute, acceleration and data is distributed and scaled. The team is a mixture of software, systems, and silicon experts focused on delivering the world’s most capable and responsive intelligence at scale. To learn more, please visit www.delosdata.com

Press Contact
Kelly Karr
Tanis Communications
[email protected]
(408) 718-9350

SOURCE Delos Data

PALO ALTO, Calif., Sept. 15, 2026 — Delos Data today announced it has raised over $100 million from Matrix, Playground, Socratic Partners, Capricorn’s Technology Impact Fund, Matter Venture Partners, IAG, and industry luminaries from across compute, hyperscale, scalable systems, networking silicon, infrastructure software, and optical connectivity to launch Delos Nonstop™ AI. The funds will be used to grow its software and hardware engineering teams and accelerate product development and sales.

Delos Nonstop AI, an approach to AI infrastructure built on a simple premise: the network, not power, memory, or compute alone, is the next chokepoint in AI. Agentic inference will break the networks industry has today. Agentic workloads are persistent rather than request-and-done; they run across a growing mixture of GPUs, XPUs, accelerators, CPUs, memory, and storage, and they must keep running through failures that are now routine at scale. Industry projections point to roughly a 300x increase in token demand by 2030, with agentic inference accounting for the bulk of that growth.

Delos Data also announced today Nonstop AI Reference Architecture for faster inference with its Delos Nonstop AI™ Data Interface that delivers 10x lower latency and 10x higher efficiency. The Data Interface joins Delos Nonstop AI™ Clusters and Delos Nonstop AI™ Server announced earlier this year to round out the solution. All three products are built on Nonstop AI Reference Architecture, which allows customers to compose clusters with their own mixture of hardware, models, and topologies all working together in one domain.

“The most expensive idle asset in a data center is a GPU, CPU or an accelerator waiting on the network. Inference workloads move data in a way that today’s interconnect was never designed to serve,” said Ed Doe, CEO and co-founder of Delos Data. “This funding positions the company to expand our team and offerings to solve the data transfer problem holistically by optimizing the network as the core of the AI system, thereby maximizing infrastructure ROI and ensuring that AI can scale to keep pace with massive growth in AI Inference.”

“Agentic AI is scaling beyond a single device, and when that happens performance isn’t solely determined by the processors, it’s decided by how the data moves between them,” said Dan Daly, CTO and co-founder of Delos Data. “Agentic AI needs a data interface that’s fast and doesn’t break under load. This funding means we can accelerate product development and deliver as fast as our customers need us to.”

“Delos is attacking the part of the AI stack where the value is now getting decided,” said Stan Reiss, general partner at Matrix Partners. “For years the assumption was that more compute buys more output. That relationship has broken down at inference scale, and the team that fixes the data transfer problem captures an enormous amount of the value the industry is currently leaving on the floor.”

“Adding compute to an inference problem is not enough,” said Pat Gelsinger, general partner at Playground Global. “AI and Inference performance is a network problem now – the network is the AI. Delos started from the workload and let it dictate the architecture all the way down to the interface silicon. That discipline is what turns an interconnect idea into infrastructure the industry can actually deploy.”

“Compute has been the story for over a decade, but the return on an inference cluster is now set by what happens between the accelerators, and how much capital sits idle as insurance against failure,” said Christian Gallagher, general partner and co-founder at Socratic Partners. “Delos is building at that layer, with founders who have shipped data center silicon before, and doing it so that today’s GPU and accelerator ecosystems can adopt it seamlessly. We see strong demand across frontier labs, hyperscalers, neoclouds, and sovereign AI programs, and this investment reflects our confidence in the firm’s ability to become a core infrastructure provider in this space.”

“We have a history of investing in companies that are working on breakthrough technologies that can produce outsized impact,” said Dipender Saluja, managing partner at Capricorn’s Technology Impact Fund. “Delos is solving the data movement problem that Agentic AI inference is facing. This team has expertise across the full stack – architecture, software, systems, silicon, and have great momentum with customers and partners across the ecosystem.”

“Success of HardTech startups takes patience and a team that has shipped before,” said Wen Hsieh, founding managing partner at Matter Venture Partners. “This team has worked together to build data center silicon and systems at scale for two decades. Delos has built software, then an AI server, and now is building the data interface silicon that will solve the AI inference data transfer problem.”

See Delos live at AI Infra Summit
Delos Data is exhibiting at booth 1344 at the AI Infra Summit, showcasing its technology and products – including Nonstop AI Cluster Live, a showcasing of heterogeneous endpoints composed into a single data domain, moving data through the Delos Nonstop AI Data Interfaces and surviving failures without stopping the workload. Attendees can see the platform live and meet with the team.

About Delos Data
Delos Data is building Delos Nonstop AI™ for faster, stronger and more efficient inference, starting from how compute, acceleration, and data is distributed and scaled. The team is a mixture of software, systems, and silicon experts focused on delivering the world’s most capable and responsive intelligence at scale. To learn more, please visit www.delosdata.com

Press Contact
Michele Landry
Tanis Communications
[email protected]
(650) 954-7720

SOURCE Delos Data

Already profitable, Fin has completed seven acquisitions and grown to more than 200 employees across six global offices, processing billions in payment volume across more than 51 countries

NEW YORK, Sept. 15, 2026 — Fin.com, a financial infrastructure company building a unified network for global money movement, emerged from stealth today after growing annual recurring revenue more than 50x since the beginning of the year. Until this morning, the company had never published a post, given an interview, or publicly confirmed its own existence. Fin.com’s infrastructure already moves money for some of the world’s largest payments and money-transfer platforms, leading prediction markets, and major digital-asset exchanges. Through those customers, its technology now reaches 825 million users worldwide.

Fin.com has also assembled an advisory board of fintech and payments leaders, including Michael Tannenbaum of Figure, Imran Ahmad of Bitso, Matt Heiman of Mercury, Bruce Wallace of Revolut, Christy Choi, former board director at Binance, and Bam Azizi, founder of Mesh.

The problem Fin.com was built to solve is old. Cross-border money movement still depends on a patchwork of bank messaging systems, local payment rails, intermediaries, and manual processes. SWIFT, the backbone of international bank messaging since the 1970s, was never designed as a settlement network. The result can be fees, FX markups, and settlement times that stretch across days. Last year, $195 trillion crossed borders on rails like it, shedding fees, hidden FX markups, and days of settlement time along the way. A generation of fintech companies improved the user experience, but much of the underlying infrastructure remained fragmented.

Fin.com was built to rebuild the infrastructure underneath the global money movement. The company operates a single orchestration layer that lets businesses collect, convert, and move money across borders through local payment rails, USD virtual accounts, SWIFT, stablecoin settlement, liquidity, and compliance in one network. It holds licenses and regulatory approvals that allow it to operate in markets that remain difficult for many global financial providers to serve. Its footprint is deliberately contrarian: the Middle East, Africa, South Asia, and Southeast Asia, markets where cross-border money movement remains especially fragmented.

Fin.com builds differently, too. Rather than raising billions to enter markets from the outside, the company acquires licensed, battle-tested local operators. It integrates them into one network, a private equity playbook run at venture speed. The strategy allows Fin.com to enter new markets through established operators with existing licenses, financial relationships, and local expertise, then connect those capabilities into its broader infrastructure. Seven acquisitions are complete, with twelve targeted by year-end. The result is a company of more than 200 people across six global offices- New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore- that has already processed billions in payment volume across more than 51 countries, with most transactions settling in minutes.

The $20 million seed round was led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, Figure founders, Mesh founder Bam Azizi, Second Sight Ventures and sovereign and royal family offices across the Gulf and Africa.

“At Expa, we back founders who build through complexity. Nabeel and Mustafa are tackling one of finance’s hardest problems, one market at a time,” said Vitor Lourenço, Founding Partner at Expa. “Like Bending Spoons, they combine acquisitions with speed, operating discipline, and the ability to make strong businesses more valuable together. We’re excited to help them build Fin.com into a defining global financial brand.”

Fin.com was co-founded by Nabeel Alamgir, a Forbes 30 Under 30 honoree and founder of Lunchbox, and Mustafa Dar, founder of 24/7 Jet and a venture partner at Expa. Both are immigrants who have personally experienced the friction and cost of sending money across borders.

The company will use the capital to expand into additional corridors and continue acquiring. Fin.com also plans to pursue a bank acquisition within the next six months.

About Fin.com

Fin.com is a New York-based financial infrastructure company focused on global money movement. The company provides businesses with a unified platform for cross-border payments, settlement, liquidity, and financial operations across international markets. Fin.com was co-founded by Nabeel Alamgir and Mustafa Dar. For more information, visit Fin.com. 

Media Contact

KRCG on behalf of Fin.com 
[email protected]

SOURCE Fin.com

With a focus on investing and partnering with AI companies scaling into global champions, well over US$1 billion has been committed to the strategy by PSP Investments, CPP Investments, HOOPP, TD Bank Group, BMO Financial Group, CI Global Asset Management, and OPTrust, alongside other leading global investors.

TORONTO, Sept. 15, 2026 — Radical Ventures today announced the first close of the Radical Breakouts Fund, the largest-ever venture capital fund in Canada. Radical’s new late-stage strategy secured over US$1 billion in commitments, with investment from Public Sector Pension Investment Board (PSP Investments), Canada Pension Plan Investment Board (CPP Investments), HOOPP, TD Bank Group, BMO Financial Group, CI Global Asset Management and OPTrust, alongside other leading global investors. The announcement was made at the inaugural Canada Investment Summit in Toronto.

The multi-billion dollar Radical Breakouts Fund will invest in AI scale-ups on a path to becoming the next trillion-dollar businesses. It is designed for a market in which the most valuable companies stay private far longer than they once did, raising successive large private rounds and reaching the public markets already worth $100 billion or more. Capturing that value requires private capital at a scale that has, until now, existed almost exclusively in the United States.

Canada has produced some of the world’s most significant AI and deep tech companies, including Cohere, Waabi, Xanadu, Veeda and Aspect Biosystems, each backed by Radical Ventures. To keep growing, Canadian champions have consistently had to look outside the country for late-stage capital. The Breakouts Fund gives Radical greater capacity to back leading AI companies globally, including in Canada, while providing Canadian companies with a domestic source of late-stage capital at the scale they require.

“We compete to invest and partner with the best AI founders and companies in the world, and we win,” said Jordan Jacobs, Co-Founder and Managing Partner of Radical Ventures. “We have invested in Discovery Loop, Cohere, Waabi, World Labs, Veeda, Xanadu, Etched, Crusoe, Generalist, Prime Intellect, Decart, Latent Labs, Muon Space and Aspect Biosystems, just to name a handful of the Radical portfolio companies that are rapidly scaling. The world’s most important AI founders often choose Radical to incubate their startups and lead their investment rounds, from the first to the last. The result is a Canadian firm investing in Canada and globally, with the returns coming home.”

“Canada has never had a shortage of world-class AI companies. What we have lacked is capital at the scale required to keep them here as they grow,” Jacobs added. “For decades that meant our best companies looked to the United States to fund their most important years, and much of the value they created went with them. The Radical Breakouts Fund closes that gap.”

For Canadian pension funds and institutional investors, anchoring the Radical Breakouts Fund offers exposure to a category of value creation that has largely accrued to investors outside the country.

“Canada has emerged as a global leader in AI innovation, with exceptional talent, world-class research institutions, and companies that are setting new standards on the world stage. PSP Investments has been an anchor investor in Radical since the launch of their first institutional fund. We are proud to invest alongside a manager with the expertise, access and track record to identify and support the companies shaping the future. Ultimately, investments like these are about creating long-term value and supporting the retirement of those who protect and serve Canada.”
–  Deborah K. Orida, President and Chief Executive Officer, PSP Investments

“We have partnered with Radical Ventures since its first institutional fund in 2019, when we developed conviction in the team’s strategy, network and deep expertise in AI. With deep roots in Canada’s AI ecosystem, Radical has built access to promising companies both here and globally. The Breakouts Fund gives CPP Investments an opportunity to extend that partnership into later-stage companies as they scale, to deliver attractive long-term returns for the CPP Fund.”
– John Graham, President and Chief Executive Officer, CPP Investments

“Radical Ventures demonstrates the value of a Canadian company competing successfully on the global stage. Building on our existing partnership, the Radical Breakouts Fund gives HOOPP an opportunity to generate strong long-term returns for our members, deepen our exposure to and understanding of transformative AI technologies, and support Canadian companies with the potential to become global leaders.”
–  Annesley Wallace, President and Chief Executive Officer, HOOPP

“Canada has the talent and ambition to lead in AI; what we need is capital to scale Canadian companies into global champions. Led by AI experts, skilled investors and visionary entrepreneurs, the Radical Breakouts Fund will back leading AI companies at home and abroad, creating value for Canadians. We’ve partnered with Radical Ventures from the very beginning and are excited by its ability to help power Canada’s AI sector.”
–  Raymond Chun, Group President and Chief Executive Officer, TD Bank Group

“Canada has the talent and the resources to be an innovation leader across the board: from discovery to commercialization and adoption – helping to build the next era of world-class companies and the technologies that power them. As Canada’s first bank, we’ve been investing in innovation for centuries and are proud to support this next generation.”
–  Darryl White, Chief Executive Officer, BMO Financial Group

“Our extensive global search for a venture capital partner for Canadian investors in our private markets funds started with this question: ‘Who is at the epicentre of AI development?’ It quickly became obvious that a Canadian firm – Radical Ventures – was attracting exceptional talent and opportunities. We’re excited to continue working with the company to finance world-leading Canadian companies in this critical sector.”
– Marc-André Lewis, President and Chief Investment Officer, CI Global Asset Management

“Canada continues to produce world-class innovators and entrepreneurs. We are proud to invest in Canada’s next generation of success stories, generating value for our members while participating in the growth of an innovation economy that continues to compete on the world stage.”
– Peter Lindley, President and Chief Executive Officer, OPTrust

Radical Ventures has invested at every stage of company growth since its founding, from day-zero/incubation (Cohere, Waabi, World Labs) through pre-IPO. Alongside its Canadian portfolio, Radical has led rounds and invested in global AI companies, including Discovery Loop, World Labs, Etched and Crusoe.

The announcement was made as part of the official programming of the Canada Investment Summit, the first-ever gathering of global investors, chief executives and business leaders hosted by the Government of Canada in partnership with CPP Investments and PSP Investments to attract investment into Canada’s economy.

ABOUT RADICAL VENTURES
Radical Ventures invests and partners with the AI visionaries who will define the future, investing from day-zero incubations and seed through growth and pre-IPO scaling. Radical has offices in Toronto, San Francisco, London and New York. www.radical.vc

ABOUT PSP INVESTMENTS
The Public Sector Pension Investment Board (PSP Investments) is one of Canada’s largest pension investors with $320.6 billion of net assets under management as of March 31, 2026. It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources, and credit investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. For more information, visit investpsp.com.

ABOUT CPP INVESTMENTS
Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interest of the more than 22 million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure, fixed income and alternative strategies including in partnership with funds. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At June 30, 2026, the Fund totalled C$863.6 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments.

MEDIA CONTACT
Aaron Brindle, Communications Lead, Radical Ventures
[email protected]

SOURCE Radical Ventures

WESTLAKE VILLAGE, Calif., Sept. 15, 2026 — Great American Capital Corporation (“GACC“), a partnership majority owned by GA Group and funds managed by Oaktree, today announced its participation in a new $600 million asset-based lending facility for a leading multi-channel retail and media company (the “Company“), arranged in connection with the Company’s successful completion of a financial restructuring process.

“This transaction demonstrates GACC’s ability to participate alongside best-in-class partners in complex, large-scale asset-based financing solutions,” said Eran Cohen, President and Chief Investment Officer of GACC. “We are pleased to provide additional liquidity and financial flexibility that will support the Company’s continued growth.”

About GACC™
Great American Capital Corporation, LLC, d/b/a GACC, is an asset-based lending platform designed to provide flexible capital solutions to mid-market companies with strong underlying collateral value. Leveraging GA Group’s deep understanding of asset values and extensive network, coupled with collaboration with Oaktree, GACC serves as a reliable and creative capital solutions partner.

About GA Group
GA Group is a privately held global firm offering a comprehensive set of tailored solutions to meet our clients’ diverse needs. Our experts provide advisory and valuation services, as well as monetize, lend against, and acquire assets across a broad range of sectors from both healthy and distressed companies. GA Group and its predecessors are celebrating 50 years of customer service, and the company’s leadership has over 100 years of collective experience in the industry. GA Group is majority-owned by funds managed by Oaktree Capital Management, L.P. For more information, please visit www.gagroup.com.

SOURCE Great American Holdings, LLC

Round co-led by Khosla Ventures and Kearny Jackson, Decimal’s AI Support Engineer helps Granola, Resilinc, Tealium, BuildOps, and Lucidworks resolve customer issues in minutes

SAN FRANCISCO, Sept. 15, 2026 — Decimal AI, the customer engineering platform for technical support teams, today announced $4 million in seed funding co-led by Khosla Ventures and Kearny Jackson, with participation from Atlassian Ventures and Weekend Fund. Additional backers include Claire Johnson, former COO of Stripe; Michelle Valentin, founder and executive chairman of Anrok; Rimple Patel, former CCO at Eightfold. The company is also introducing the Customer Engineering Platform, a new layer for software support that brings the technical understanding of an engineering team into every customer conversation.

“Support is becoming one of software’s biggest hidden costs,” said Vinod Khosla, founder of Khosla Ventures. “Decimal changes those economics entirely with an AI platform that understands the code and customer context as well as the best support engineers.”

Since launching in March 2025, Decimal has been adopted by leading software companies including Granola, Resilinc, Tealium, BuildOps, and Lucidworks, along with a Fortune 5 technology company. Its AI Support Engineer resolves customer issues end to end, from answering customer questions and taking actions like resolving billing and account issues to investigating code, logs, configurations, production data, documentation, and customer history and creating bug fixes for engineering review.

“AI has enabled the best companies to exponentially increase shipping velocity, but with that comes an exponential increase in support needs,” said Hari Arul, partner at Khosla Ventures. “Decimal is the solution for leading technical enterprises to leverage AI to solve customer issues.”

Since the beginning of 2026, the volume of support interactions resolved by Decimal has grown 15-fold. Resilinc reduced mean time to resolution (MTTR) by 62%, from 6.5 days to 2.5 days. Granola now handles twice the ticket volume, resolves 70% of common questions in chat before they become tickets, and automates investigations while continuously improving documentation through auto-generated pull requests.

“Decimal is especially great at surfacing the issues where we realize there’s something else going on and we need to dig deeper and Decimal has already gotten to the bottom of it,” said Vicky Firth, head of customer experience at Granola. “In general, it’s sped us up a lot and saved us from digging through all those systems.”

Decimal was founded by Sanjeet Hajarnis, CEO, and Kevin Raji Cherian, CTO, who met at Eightfold AI. Hajarnis previously led AI at Eightfold as the company scaled past $100 million in revenue, serving global enterprises including Citibank, Morgan Stanley, Nvidia and Netflix. Earlier, he was an early engineer on Facebook’s News Feed ranking systems and built pricing systems that powered billions of rides at Uber. Raji Cherian built Databricks’ vector search product from the ground up and led infrastructure at Eightfold that powered matching across more than 1 billion candidate profiles and jobs.

“Customer support should not have to operate from a secondhand description of the product,” said Hajarnis, co-founder and CEO of Decimal AI. “The answer to customer questions is usually sitting in what the product actually did. We built Decimal to surface that evidence the moment a ticket arrives, not after a customer has waited through many escalation cycles.”

The company has used the financing to expand the range of technical issues its system can investigate and deepen integrations across the support and engineering tools its customers already use.

“Every software company with a technical problem is going to need this. We think Customer Engineering becomes its own category, the way GTM Engineering did,” said Sriram Krishnan, co-founder and general partner at Kearny Jackson.

“Sanjeet and Kevin didn’t build this from the outside. They have the scar tissue and the expertise to close the gap between support and engineering, and that’s why some of the most technically sophisticated companies in the market trust them,” said Sunil Chhaya, co-founder and general partner at Kearny Jackson.

ABOUT DECIMAL AI
Decimal AI is the customer engineering platform for technical support teams. Its AI Support Engineer resolves customer issues end to end, from answering questions and taking support actions to investigating code, logs and production data and creating bug fixes for engineering review. Decimal works with leading software companies including Granola, Resilinc, Tealium, BuildOps and Lucidworks. The company is backed by Khosla Ventures, Kearny Jackson and Atlassian Ventures and is a member of the Nvidia Inception program. Learn more at https://www.decimal.app/

Media Contact

Laura Anderson McGrath

[email protected]

SOURCE Decimal AI

SAN FRANCISCO, Sept. 15, 2026 — Artificial Intelligence Underwriting Company (AIUC) has raised a $40 million Series A led by Ribbit Capital, with participation from First Harmonic. Alongside its $15 million seed led by NFDG, the round brings its total funding to $55 million.

Risk, not capability, is becoming the binding constraint on AI adoption. Waymos are superhuman drivers. Yet Waymos aren’t allowed in most places because the risk is hard to understand. Mythos still hasn’t been widely released; not because it’s a weak model, but precisely because it is so powerful. In short, there’s a confidence gap.

This confidence gap is emerging for AI agents and models – enterprises and the public cannot use an AI system they cannot trust. This problem gets more acute as agents get smarter – and will soon bottleneck adoption.

Artificial Intelligence Underwriting Company has developed AIUC-1, the industry-driven standard for AI agents and the confidence infrastructure behind enterprise AI adoption. Frontier builders of the world’s most-used AI agents, including Cursor, ElevenLabs, Harvey, KPMG, Lovable, UiPath and Fin, certify against it.

The standard tests how agents hold up against risks including jailbreaks, hallucinations and data leaks, using 5,000 risk-and-attack combinations tailored to each type of business. Agents are independently audited and recertified every quarter to keep pace with evolving threats. More than 250 security and risk leaders from the Fortune 1000 shape the standard through the AIUC Consortium and drive adoption inside their own organizations.

AIUC was founded by Rune Kvist and Rajiv Dattani. Kvist was Anthropic’s first product hire. Dattani was a partner in McKinsey’s insurance practice and COO of METR.

“Most enterprises have a list of AI agents that were approved in pilots but stalled at the security review,” said Rune Kvist, co-founder of AIUC. “Evidence of security and reliability is now the main bottleneck.”

“When electricity was burning down houses, the insurers paying the bill funded Underwriters Laboratories to test and certify products,” said Rajiv Dattani, co-founder of AIUC. “To this day, the UL mark is on most light bulbs across America. AI needs the same combination of standards, testing and insurance.”

From agents to superintelligence

AI that writes production code, drafts legal work, and answers customer calls for millions of people now carries the AIUC-1 trust mark. However, millions of agents are deployed every day. AIUC started at the application layer, where risk became the binding constraint on adoption first. That constraint is increasingly present at the model layer, where the same combination of standards, evaluations and insurance applies. The capital will help extend AIUC’s audits, standards and insurance from agents to frontier models to create a strong ecosystem for frontier oversight. 

“We have spent over a decade backing companies in financial services where trust is the most important metric of success,” said Micky Malka, founder and managing partner of Ribbit Capital. “AI is on that same path, and it is moving faster than the systems companies use to evaluate it.”

“Rune & Rajiv broke through the cold-start problem. Aligning the ecosystem of AI builders, enterprises, security leaders, auditors and insurers around a single standard is required,” said Nick Shalek, General Partner at Ribbit Capital. “Their insurance rigor, frontier AI experience and relentless focus on their mission are the ideal combination for this problem.”

About Artificial Intelligence Underwriting Company
AIUC builds the confidence infrastructure for AI. It has developed AIUC-1, the industry-driven standard for AI agents, using independent audits and technical evaluations to help organizations assess the security, safety and reliability of the agents they deploy. Companies including Cursor, ElevenLabs, Harvey, KPMG, Lovable, UiPath and Fin carry the AIUC-1 trust mark. Founded by Rune Kvist and Rajiv Dattani, AIUC is headquartered in San Francisco and has raised $55 million to date.

For more information, visit aiuc.com or contact [email protected].

SOURCE AIUC

Recently funded by Jeff Dean (Google DeepMind’s former Chief Scientist), Knowtex is already cash-flow positive with 10x revenue growth in 2026 and 300+ customers including the U.S. Department of Veterans Affairs

SAN FRANCISCO, Sept. 15, 2026 — Knowtex today launched the first frontier AI lab for healthcare, building and evaluating clinical AI against real-world standards of accuracy, auditability, and clinician trust. Its first platform, now deployed across the U.S. Department of Veterans Affairs and 300+ other organizations nationwide, turns every patient encounter into accurate notes, correct codes, orders, and real-time actionable clinical intelligence.

“We call ourselves a frontier AI lab because Knowtex is at the edge of what AI can be trusted to do inside a real clinical workflow: coding an oncology chart correctly, understanding a Veteran’s history across decades of care, giving a physician more of the visit back for the patient,” said Caroline Zhang, CEO and co-founder. “That frontier isn’t being pushed by whoever ships the largest foundation model next. It’s being pushed by whoever is closest to the actual clinical edge case, with the technical depth to act on it. That’s what Knowtex has built.”

Clinicians lose hours daily to documentation, coding, and fragmented manual workflows, and US health care administrative spending costs are approximately $1 trillion annually. The Knowtex platform, developed in the Knowtex lab, removes that burden, producing notes, codes, orders, after-visit summaries, and real-time clinical intelligence from each encounter. Health systems gain productivity, more accurate billing, lower clinician burnout, and better patient care.

The Knowtex lab builds specialty-specific models, anti-hallucination safeguards, and an in-house evaluation science for healthcare AI. Its first benchmark, KnowBench, measures Effort Reduction across clinician administrative tasks; the Knowtex platform currently scores 97.99%.

Knowtex’s founders, Caroline Zhang, CEO, and Jocelyn Kang, CTO, met as freshmen at Stanford studying AI and linguistics. They founded Knowtex in 2022 and spent a combined year in scrubs as medical scribes, embedded in healthcare to learn the work firsthand and develop original models and evaluation science built specifically for healthcare.

Knowtex started in oncology, one of the most complex specialties in outpatient medicine, on the bet that a system built to hold up there would generalize everywhere else. Oncology demands exactness in coding, staging, and longitudinal history that general-purpose AI was not built to deliver. Knowtex’s founders, both AI scientists with deep technical expertise, solved those problems at the model and harness level, and that depth is what lets the platform extend across more than 200 specialties today without losing precision.

“Every model we ship is measured against how a clinician would actually judge the output and not just against a generic benchmark,” said Jocelyn Kang, CTO and co-founder. “That is what a lab does. We built the yardstick before we built the product.”

In October 2025, Knowtex was awarded a $15 million contract to deploy its ambient documentation platform across the VA health system, following a competitive evaluation of more than 150 solutions in VA’s AI Tech Sprint for Ambient Scribe.

Since then, Knowtex has deployed across 10 VISNs and 79 VA Medical Centers in the last 6 months – demonstrating historic speed of AI deployment in enterprise healthcare. More than 7,000 clinicians have saved over 450,000 hours of documentation time, with 88% sustained adoption and an average satisfaction rating of 4.5 out of 5 across more than 5,100 ratings.

The VA published an assessment of the Kansas City evaluation, a 90-day review involving 18 primary care providers. According to the VA’s reporting, all 18 participating clinicians wanted to continue using Ambient Scribe technology after the evaluation period, and most reported saving one to two hours of after-hours work. Patient experience scores at the site also rose nearly three percentage points, to 95.8%, over the same period.

“Ambient Scribe has enhanced my patient visits as I can be more focused on my interaction with the Veteran,” one Kansas City VA provider said. “More time talking to patients, more eye contact, more time to use other resources while patients are talking.”

Knowtex is scaling rapidly, with 10x revenue growth and 100x customer growth since the start of 2026. The venture-backed company is already cash-flow positive.

About Knowtex

Knowtex is the first frontier AI lab for healthcare. The lab builds original clinical models and in-house evaluation science for healthcare AI, and its AI-native clinical platform turns every patient encounter into accurate notes, correct codes, orders, and actionable clinical intelligence for providers. Founded by Stanford AI scientists Caroline Zhang and Jocelyn Kang, who spent time embedded in health systems as medical scribes, Knowtex is EHR-agnostic, specialty-customized, and deeply integrated into clinical workflows. It supports more than 200 specialties and is used by leading federal and community health systems, including the U.S. Department of Veterans Affairs. Knowtex is backed by Y Combinator, HF0, Stanford StartX Med, Texas Medical Center Innovation, Jeff Dean, among others, and has been supported by Amazon Web Services (AWS), the UCSF Rosenman Institute, and MedTech Innovators.

Media Contact:
Michelle Faulkner
Big Swing
617-510-6998
[email protected]

SOURCE Knowtex Inc