P-1 AI secured $50 million in a Series A funding round led by New Enterprise Associates (NEA) to accelerate deployment of Archie, an AI engineer designed for mechanical, electrical, thermal, fluids, and systems design in industries like data centers, automotive, aerospace, and defense. The funding follows a $23 million seed round and reflects strong market interest from major industrial firms. Notably, Jeff Immelt, former GE CEO, joins the board, bringing industrial expertise. P-1 AI aims to integrate Archie into engineering teams to boost productivity, reduce offshoring, and speed project delivery, with plans to expand partnerships and release a lightweight version, Archie Solo, for individual users.
TOP Ships Inc. has agreed to purchase three companies owning contracts for three high-specification, ECO, scrubber-fitted MR product tankers to be delivered in 2029. These vessels come with five-year time charters from an oil major, with an option fo...
Allied Energy Corporation has finalized a three-phase agreement to acquire a 100% interest in the Puma Gold Property in San Bernardino County, California. The deal allows Allied to earn its ownership through staged exploration, resource definition, a...
At its Extraordinary General Meeting on July 29, 2026, Koninklijke Vopak N.V. appointed Mrs. Helle Kristoffersen and Mr. Roeland Baan as new members of its Supervisory Board, each for a four-year term. This move strengthens Vopak's governance as it c...
Grabar Law Office has launched investigations into potential fiduciary breaches by officers and directors of four companies: Erasca, Insulet Corporation, New Era Energy & Digital, and Power Solutions International. The probes focus on alleged mislead...
EDMO has expanded its System Intelligence layer to integrate AI tools like Interview Analyzer and Transfer Credit Evaluator with major university CRM systems such as Salesforce, Slate, HubSpot, and Zoho. This plug-and-play solution allows universitie...
