SaaS
• The company is expanding its capabilities in the water sector with this platform, which enables customers to manage communications and devices in a unified manner, whilst adding intelligence to the data. - - • The platform includes features for analysing meter readings, monitoring the status of these devices and managing alerts in the event of incidents or anomalous behaviour. - - Telef�nica today announces the launch of its own platform for the smart management of water meters, which wil...
Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=362819
Oct 14 · 14:31·WebWire
AI · SaaS
Why Legacy Pathology Archives Matter for Rare-Disease Research
Mon, 10/19/2026 - 08:15
Body
Why it matters
Rare-disease research needs larger, richer historical datasets
Digitized archives make decades of evidence searchable
Historical tissue can reveal patterns previously missed
Pathology archives often contain decades of clinically valuable information that is difficult to access in its original format. Glass slides may reveal evidence of disease patterns and support diagnostic decisions and tissue characteristics that were essential at the time of creation, but as scientific research data they are difficult to search, share and study at scale.
As digital pathology matures, those archives are increasingly being viewed differently: not simply as storage, but as valuable research assets.
Archives hold more than history
This shift is significant because some of the most important questions in medicine cannot be answered with a small sample set. Rare diseases, unusual presentations and long-term retrospective analysis often require access to large collections of historical material. When slides are digitized, they become easier to review, compare, and organize for broader scientific use. Most importantly, not all slides need to be collocated for research as the data can be shared digitally. What was once a physical archive can begin to function as a structured digital dataset.
This is where ScanVan™ excels.
ScanVan is Leidos’ high-throughput whole-slide digitization platform, designed to bring scanning capability directly to the archive and help convert large volumes of glass slides into digital assets without requiring the collection to be moved off-site. In that sense, ScanVan is not the story itself; it is the operational example of how large-scale archive digitization can happen in practice.
The opportunity is impactful for hospital systems and pharmaceutical organizations that are interested in retrospective research, biomarker discovery and future AI-enabled analysis. Digital pathology makes it easier to examine archived tissue in a consistent format, identify patterns across cases and connect specimen-level information to the larger research environment. The larger and more organized the archive, the more useful it becomes for research teams trying to understand rare conditions, compare historical samples or generate hypotheses for future studies.
Unlocking value that’s already there
A platform like ScanVan supports high-volume digitization in a way that is practical for large, complex archives. The work still has to be done carefully—with strong attention to image quality, chain of custody and operational control—but once the archive is digitized, it becomes a resource that can be used in new ways.
In that sense, legacy pathology archives represent an untapped source of scientific value. They are already rich with information. Digitization simply makes that information easier to see, study and apply.
For health systems, the question is no longer whether the archive has value. The question is how to unlock it.
ScanVan by the numbers
Developed in collaboration with the University of Pittsburgh’s Computational Pathology and AI Center of Excellence, ScanVan is designed for collections ranging from thousands to millions of slides. Based on 12-hour scanning days, Monday through Friday, the platform can digitize:
More than 16,000 slides per week
More than 67,000 slides per month
More than 800,000 slides per year
These figures demonstrate the operational scale required to turn a legacy archive into a usable research resource.
Three things to remember
Digitized slides can be shared and studied without physically collocating pathology collections
Archive digitization requires strong image quality, chain-of-custody and operational controls
ScanVan enables high-volume slide digitization while keeping pathology archives on-site
LEARN MORE ABOUT SCANVAN
Canonical URL
https://www.leidos.com/insights/why-legacy-pathology-archives-matter-rare-disea…
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Article
Oct 14 · 13:26·3BL Media
Finance · AI
San Francisco, CA Wednesday Oct 14, 2026 @ 9:00 AM Eastern —
Startup announcements often highlight valuations, investors, and capital raised, with multi-million dollar rounds capturing headlines. Founders discuss growth plans, and venture capital firms celebrate their latest investments. However, an essential group is frequently overlooked: employees who hold equity in the companies they help build.
For thousands of startup employees worldwide, stock options, restricted stock units and other forms of equity compensation represent a significant portion of their potential financial future. While a funding round may appear to signal success, it can also introduce changes that affect the value and ownership percentage associated with employee-held equity.
Understanding how these changes occur has become increasingly important as startups rely on equity compensation to attract and retain talent.
The Critical Role of Startup Equity Today
Over the past decade, equity compensation has transitioned from a niche benefit to a standard feature of employment packages within the technology sector and startup ecosystem. Employees often accept lower salaries in exchange for the opportunity to participate in a company's future growth.
For some, equity can become more valuable than years of salary. Stories of employees benefiting from successful IPOs or acquisitions have become part of startup culture.
However, the path from receiving equity to realizing value is rarely straightforward.
Many employees receive grant documents but have limited understanding of concepts such as dilution, preferred shares, liquidation preferences, secondary transactions or changing valuations. As companies remain private for longer periods, these topics become increasingly relevant.
Why Dilution Matters
One of the most misunderstood aspects of startup ownership is dilution.
When a company raises additional capital, it typically issues new shares to investors. Existing shareholders, including employees, may see their ownership percentage decrease as a result.
This does not automatically mean an employee's equity becomes less valuable. A significant post-funding valuation increase can enhance the economic value of a reduced ownership percentage.
The challenge is that ownership percentage and company valuation can move in different directions, creating confusion for employees who may not have access to detailed cap table information.
Without context, it can be difficult to determine whether a financing event improves or weakens the position of an individual shareholder.
Valuation Does Not Guarantee Liquidity
Another common misconception is equating valuation with accessible wealth.
A startup may announce a valuation of hundreds of millions, or even billions, of dollars. Yet employees often cannot sell their shares immediately. Most private company stock remains subject to restrictions, company policies and limited opportunities for liquidity.
As a result, employees can find themselves in a position where they hold equity that appears highly valuable on paper but lacks a clear path to conversion into cash.
The distinction between theoretical value and actual liquidity has become increasingly important as private companies delay public listings and remain private for longer periods.
Ownership Education Is Becoming Essential
As employee equity becomes more prevalent in the startup economy, understanding ownership is evolving into a crucial skill. Employees increasingly seek answers to questions such as: How much of the company do I actually own? How does a new funding round affect my stake?
What rights do different share classes carry?
How should I interpret startup valuations?
What options exist if I want to sell shares before an IPO?
These questions are no longer limited to founders and investors. They increasingly affect engineers, product managers, designers, operators and early team members whose compensation includes company equity.
A Growing Need for Transparency
The startup ecosystem has matured considerably, but information asymmetry remains a persistent challenge. Investors often have access to extensive documentation and specialist advice, while employees may rely on fragmented information gathered from online forums and informal discussions.
Increased transparency in ownership structures, funding mechanics, and equity outcomes empowers employees to make informed career and financial decisions.
As startup equity continues to become a mainstream form of compensation, understanding what happens behind the headlines may be just as important as the funding announcements themselves.
After all, when a company raises capital, the story is not only about investors and valuations. It is also about the employees whose ownership stakes, future opportunities and long-term financial outcomes evolve with every funding round.
This article is for informational purposes only and should not be considered financial, investment, legal or tax advice.
About PrivateTechShares
PrivateTechShares is an independent research platform focused on startup equity, employee ownership and private-company shares across the US and European technology sectors. The platform publishes educational guides, company profiles and practical resources designed to help startup employees, founders, early shareholders and angel investors better understand stock options, dilution, valuations, taxation and secondary share sales.
Learn more at privatetechshares.com.
Media Contact
Company Name: PrivateTechShares
Contact Person: Robert Palmer, Spokesperson
Email: Email Contact
City: London
Country: United Kingdom
Oct 14 · 13:00·Newsworthy.ai
Finance · SaaS
Vancouver, BC, Oct 14, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQX: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce assay results for drill holes H109, H110, H113 and H114, the first reported assay results from the Company's 2026 drilling campaign at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia.
The Company has completed approximately 7,400 metres of drilling at the Hat Project during 2026 to date, and drilling is ongoing. Drill holes H109 and H110 were drilled from the Hat East area, while drill holes H113 and H114 were drilled from the South-West Extension area. The holes were designed to provide additional geological and assay information in areas where the Company's current block model and mineralization model indicated a need for additional definition.
The results reported in this release add data from two separate locations on the Hat Deposit: the east side of the deposit and the south-west extension area. Additional assay results from both areas remain pending and will be announced following receipt, validation and review by the Company's Qualified Person. The Company's geological interpretation remains subject to change as additional drilling and assay data are received and integrated.
Drill holes H109, H110, H113 and H114 were not included in the Mineral Resource Estimate with an effective date of February 4, 2026, or in the Preliminary Economic Assessment disclosed by the Company in March 2026. These results will be considered for future geological modelling, resource estimation and engineering studies. No updated mineral resource estimate, pit design, economic analysis or resource classification change has been completed using the results reported in this news release.
Highlights
First 2026 assay release: H109, H110, H113 and H114 are the first drill holes from the 2026 Hat drilling campaign to be reported by assay.
Two target areas reported: H109 and H110 provide additional data from Hat East, while H113 and H114 add data from the South-West Extension area.
H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq.
H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq.
H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq.
H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq.
The holes were designed to fill important data gaps and provide additional drill density for future modelling. No change to current resource categories is implied until an updated MRE is completed and approved by a Qualified Person.
Copper equivalent values in this release exclude scandium oxide (Sc2O3), which is reported separately in the assay table.
Selected Assay Results
Hat East - H109 and H110: H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 432.0 metres grading 0.30% CuEq, 217.2 metres grading 0.37% CuEq, 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq.
All reported intervals are drill core lengths. True widths have not been determined. Complete assay intervals are presented in Table 1.
Current MRE and PEA Context
References in this news release to the 2026 PEA pit shell or proposed pit outline are provided only for geological context. They do not imply that the new drill holes are included in a mine plan, that mineral reserves have been estimated, or that an updated economic analysis has been completed. Mineral resources are not mineral reserves and do not have demonstrated economic viability. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.
CEO Comment
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: "These first 2026 assays are important because they add disciplined follow-up data from two separate parts of the Hat Deposit. H109 and H110 provide additional close-spaced information from Hat East, including a strong interval in H109 beneath the 2026 PEA pit shell, while H113 and H114 add meaningful data from the South-West Extension area. These holes were drilled with a clear purpose: to fill gaps, test continuity and improve the data available for future modelling. While these results do not change the current MRE or PEA on their own, they are important building blocks for future updates. We look forward to reporting additional assays from both areas after they are received, validated and reviewed."
Table 1: Summary of H109, H110, H113 and H114 Drill Core Assay Intercepts
DDHNoteFrom
(m)To
(m)Length
(m)CuEq (%)
excl. Sc2O3Au
(g/t)Cu
(%)Ag
(g/t)Co
(g/t)Sc2O3
(g/t)
H109 60.0601.2541.20.270.140.130.256225.6
Incl.153.0585.0432.00.300.150.140.226626.1
Incl.153.0187.934.90.800.770.110.294324.1
Incl.384.0601.2217.20.370.130.230.316527.1
Incl.413.0587.0174.00.410.150.250.356725.6
Incl.459.0587.0128.00.480.170.300.436524.1
Incl.467.0585.0118.00.500.180.310.456522.9
Incl.467.0486.019.01.360.460.901.0713620.0
Incl.470.0483.013.01.800.621.201.3815920.7
Incl.560.0585.025.00.580.250.340.606225.4
H110 38.7447.0408.40.200.100.090.125626.9
Incl.38.760.021.40.480.330.150.6311515.6
Incl.335.4447.0111.70.300.110.190.175228.8
Incl.417.0447.030.00.780.300.490.406130.2
Incl.428.0447.019.01.010.390.640.536625.7
Incl.428.0434.06.01.890.751.200.9710025.6
H113 24.8442.4417.60.230.110.120.256036.1
Incl.24.8133.0108.20.220.160.060.155638.1
Incl.268.0442.4174.40.310.100.200.416631.5
Incl.360.0442.482.40.370.140.220.416328.5
Incl.435.0442.47.41.370.490.902.3710021.4
H114 36.3604.0567.70.160.060.080.165726.3
Incl.514.8604.089.30.410.140.260.407322.8
Incl.549.0604.055.00.490.160.320.475822.3
Notes to Table 1
1. Copper Equivalent (CuEq) values exclude scandium oxide (Sc2O3).
2. Reported intervals are drill core lengths. True widths have not been determined.
3. CuEq values are provided for comparative presentation of drill intercepts and do not imply economic viability. Grades for each metal used in the CuEq calculation are shown separately in Table 1.
4. Parameters used to calculate CuEq: gold price US$2,365.09/oz, silver price US$27.43/oz, copper price US$4.17/lb and cobalt price US$14.76/lb. Recoveries used: gold 89.0%, silver 68.0%, copper 84.0% and cobalt 78.0%.
5. CuEq (%) = ([Ag grade in ppm] x 27.43 x 0.68 / 31.1035 + [Au grade in ppm] x 2365.09 x 0.89 / 31.1035 + 0.0001 x [Co grade in ppm] x 14.76 x 0.78 x 22.0462 + 0.0001 x [Cu grade in ppm] x 4.17 x 0.84 x 22.0462) / (4.17 x 22.0462 x 0.84).
6. Reported Sc2O3 grades are shown for information only and no value for scandium oxide is included in CuEq values reported in this release.
Figure 1: Plan view showing drill holes H109, H110, H113 and H114 relative to the 2026 proposed pit outline and two reported 2026 assay areas: Hat East and the South-West Extension.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_001full.jpg
Figure 2: North-south section view showing drill holes H109 and H110, nearby close drill holes, and mineralized intervals relative to the 2026 PEA pit shell.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_002full.jpg
Figure 3: East-west section view showing drill holes H109 and H110 and mineralized intervals relative to the 2026 PEA pit shell.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_003full.jpg
Figure 4: South-west section view showing drill holes H113 and H114 and mineralized intervals in the South-West Extension area of the Hat Deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_004full.jpg
Geological Interpretation
Hat East - H109 and H110
H109 and H110 were drilled from the same Hat East platform and were planned to test close-spaced mineralization on the east side of the Hat Deposit. The drill holes provide additional assay and geological information in an area where the Company is seeking to improve the continuity, geometry and grade distribution inputs for future block model work.
H109 intersected a broad mineralized interval beginning at 60.0 metres and continuing for 541.2 metres. Within this interval, stronger mineralization occurs between 467.0 and 486.0 metres, including 13.0 metres grading 1.80% CuEq. The Company interprets this as further support for mineralization below the 2026 PEA pit shell in the Hat East area.
H110 also returned broad mineralization, including 408.4 metres grading 0.20% CuEq from 38.7 metres and higher-grade intervals near the lower portion of the reported intercept, including 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. Together, H109 and H110 achieved their intended purpose by adding close-spaced assay information to an important eastern part of the mineralized system.
South-West Extension - H113 and H114
H113 and H114 were drilled from the South-West Extension area to add assay information in a part of the Hat Deposit where additional drilling is required to better define mineralization continuity and geometry. The Company interprets these holes as adding mineralization confirmation to the south-west area, while also providing data that may assist future modelling of the overall mineralization envelope.
H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. These intervals are interpreted by the Company to further support mineralization in the south-west part of the Hat system; however, the final interpretation is subject to change as additional drill holes from this and other locations are received, validated and modelled.
The results reported in this release are expected to be incorporated into future geological modelling after completion of standard QA/QC review and Qualified Person verification. Until an updated mineral resource estimate is completed, these results should not be interpreted as changing current mineral resource quantities, mineral resource classifications, pit geometry or project economics.
Table 2: Drill Hole Locations and Orientations
DDH IDUTM-East
(m)UTM-North
(m)Elevation
(m)Dip
(deg)Azimuth
(deg)Max Depth
(m)
H1093484186453987982-69.6227687
H1103484186453987982-69.21273576
H1133473376453725950-67.0230502
H1143473376453725650-87.910605.7
Coordinates are reported in NAD83 / UTM Zone 9N.
Quality Assurance and Quality Control
Hat Project drill cores are processed at Doubleview's field camp where they are photographed, measured and logged by technical staff and then divided using a diamond-bladed saw. One half is placed in a secure sample bag and forwarded to the independent analytical laboratory. The remaining half core is stored on site where it is available for further examination and sampling. Samples are subject to a chain-of-custody routine as they are shipped from camp to a bonded carrier for delivery to the laboratory.
All core samples are prepared and analyzed at AGAT Laboratories in Calgary, an independent ISO 17025 and ISO 9001 certified facility. Samples are dried, crushed to 70% passing 2 mm, split to obtain a 250 g representative portion, and pulverized to 85% passing 75 micrometres. Gold, platinum and palladium are assayed by 30-50 g fire assay with ICP-OES finish. Multi-element analyses are performed by four-acid digestion with ICP-OES/MS, with ore-grade assays applied where required. Selected samples are further analyzed for whole-rock oxides using lithium borate fusion with ICP-OES, and loss on ignition is determined separately. Routine quality assurance protocols include insertion of blanks, duplicates and certified reference materials.
Qualified Person
Erik Ostensoe, P.Geo., a consulting geologist and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company.
About Doubleview Gold Corp.
Doubleview Gold Corp. is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX Venture Exchange (TSXV: DBG), OTCQX (DBLVF) and Frankfurt Stock Exchange (FSE: 1D4). Doubleview focuses on identifying, acquiring and advancing precious and base metal exploration projects, with a strong emphasis on British Columbia and on critical minerals including copper, cobalt and scandium.
About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with copper, gold, cobalt, silver and scandium mineralization. The Company continues to advance the Hat Project through exploration drilling, metallurgical studies, environmental and engineering work, and technical studies required for responsible project advancement.
On behalf of the Board of Directors,
Farshad Shirvani
President & Chief Executive Officer
For further information, please contact:
Doubleview Gold Corp.
Vancouver, BC
Farshad Shirvani, President & CEO
T: 604.678.9587
E: corporate@doubleview.ca
Cautionary Note Regarding Forward-Looking Information
Certain statements in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding future drilling, future assay results, geological modelling, potential future mineral resource estimate updates, future engineering studies, potential changes to resource confidence, and the potential significance of the drill results reported in this release. Forward-looking information is based on the Company's current expectations, estimates, forecasts and assumptions, which are subject to risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. These risks include exploration risks, assay and interpretation risks, geological modelling uncertainty, permitting and environmental risks, operational risks, market conditions, commodity prices, financing availability, and other risks associated with mineral exploration and development. Readers are cautioned not to place undue reliance on forward-looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Oct 14 · 12:59·ACN Newswire
Finance · Crypto
OpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network.
Key Highlights
Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure.
Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.]
Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.]
AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers.
Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power.
Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027.
Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform.
Solving the Power Problem in AI Infrastructure
Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling.
Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power.
How the Program Works
Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.]
Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure.
OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027.
Management Commentary
“Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.”
“Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.”
If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release.
No Offer or Solicitation
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About OpenWorld
OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld].
About Meridian
Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems.
Contacts
Investors
ir@openworld.dev
Media
Gasthalter & Co.
Phone: (212) 257-4170
Email: openworld@gasthalter.com
Oct 14 · 12:30·ACN Newswire
AI · SaaS
BROOKFIELD, Conn., Oct. 14, 2026 -- ROM Technologies Inc.® (ROMTech®), creator of the PortableConnect® platform and a national leader in intelligent rehabilitation technology, announced today it has been named the winner of the "AI Impact – Remote Patient Monitoring" category...
Oct 14 · 12:17·PR Newswire
AI · SaaS
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SaaS · Healthcare
International WELL Building Institute Introduces WELL Interiors
Wed, 10/14/2026 - 10:00
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New design-focused designation for health and well-being will empower the Architecture and Design community to create people-first interiors
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LONDON, October 14, 2026 - The International WELL Building Institute (IWBI), the global authority for advancing healthy buildings, organizations and communities, today introduced a WELL Interiors designation, tailored specifically to how interior spaces are designed to support health and well-being. The new designation will be a specialized subset of evidence-based strategies from the WELL Standard (WELL), and specifically curated for the Architecture and Design community. The announcement was made on the occasion of IWBI’s WELL 2026 London Summit.
By focusing on the physical elements of a space—from furniture specifications to material health—this new designation will empower interior designers, architects and design-build firms with strategies to ensure health-centric design is a core, protected component of every project.
“As human-centered design continues to reshape our spaces, health and well-being frameworks must evolve to better support architects and designers,” said IWBI President and CEO Rachel Hodgdon. “Recognizing this transformative shift, the WELL Interiors designation arrives at a critical moment, championing people-first places and empowering practitioners to create healthier, more resilient interior spaces.”
By prioritizing the first phase of a project’s lifecycle (interior design and construction), the WELL Interiors designation validates people-centric innovation as a standalone achievement, while eliminating the need for broader operational coordination like human resources policies or post-occupancy performance testing.
“Designers have long understood that our spaces should fundamentally be designed to prioritize people, and WELL has always recognized this, too,” said Jessica Cooper, IWBI Chief Product Officer. “This new specialty designation now presents an unprecedented opportunity to focus exclusively on design impact – ultimately making it simpler than ever to bring people-first interiors to life.”
Historically, full WELL certifications have presented scope-related challenges for projects in the midst of an interior renovation. The WELL Interiors designation removes these operational barriers, focusing exclusively on physical interior elements that fall directly under the design team’s purview and contractual control. In doing so, this new designation creates a streamlined, design-focused entry point into the WELL ecosystem. The framework draws on strategies across all 10 core WELL concepts, with deep emphasis on Materials, Light, Sound and Movement.
Research shows that health-focused design can safeguard quality specifications through independent, third-party verification and also delivers measurable financial returns. These design initiatives can boost productivity, improve overall occupant satisfaction by nearly 30%, and enhance asset value through rent premiums for commercial spaces featuring high levels of daylight and biophilia.
“Our primary goal is to support the A&D community with a designation that recognizes holistic health and well-being achievements, while offering a streamlined documentation process that preserves the health focus through value engineering,” said Ann Marie Aguilar, Senior Vice President, EMEA Region at IWBI, who has spearheaded the development process. “We welcome industry input that informs the WELL Interiors designation and helps shape the future of design.”
To ensure the designation seamlessly fits real-world practice, IWBI has convened the WELL Interiors Working Group. This advisory body brings together a diverse group of professionals from around the globe, including designers, engineers, lighting specialists, acousticians and real estate experts, alongside leading global firms. Key industry bodies are also joining the effort, in order to strengthen the bridge between standard design processes and health-based outcomes.
IWBI invites additional industry participation as it prepares to preview and launch this new designation. For more information and to participate in the WELL Interiors Working Group, please register your interest here.
About the International WELL Building Institute
The International WELL Building Institute (IWBI) is a public benefit corporation and the global authority for transforming health and well-being in buildings, organizations and communities. In pursuit of its public-health mission, IWBI mobilizes its community through the development and administration of the WELL Building Standard (WELL), WELL for residential, WELL Community Standard, its WELL ratings and management of the WELL AP credential. IWBI also translates research into practice, develops educational resources and advocates for policies that promote people-first places for everyone, everywhere. More information on WELL can be found here.
International WELL Building Institute, IWBI, the WELL Building Standard, WELL v2, WELL Certified, WELL AP, WELL EP, WELL Score, The WELL Conference, We Are WELL, the WELL Community Standard, WELL Health-Safety Rated, WELL Performance Rated, WELL Equity Rated, WELL Equity, WELL Coworking Rated, WELL Residence, Works with WELL, WELL and others, and their related logos are trademarks or certification marks of International WELL Building Institute pbc in the United States and other countries.
Media contact:
media@wellcertified.com
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Oct 14 · 12:05·3BL Media
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