Latest Ai In Delivery News

Locate Technologies has agreed to settle its remaining Locate2u revenue royalty by issuing 10 million shares to PURE Asset Management at a significant premium to market price, simplifying funding and improving cash flow.

FortifAI has released Version 1.0 of its Nol8 AI Data Plane, providing low-latency, governed data delivery designed to boost GPU utilisation and reduce costs for Agentic AI applications. The launch enables early customer testing and proof-of-concept trials.

InFocus Group Holdings is streamlining its software development operations by divesting Prodigy9 and consolidating under Onify, aiming for immediate cost savings and a leaner, AI-native delivery model.

Locate Technologies reveals phased deployment plan for its Locate2u platform under a new three-year FedEx Australia contract, highlighting strategic potential despite uncertain financial impact.

Locate Technologies has landed a three-year contract with FedEx Australia to deploy its AI-driven Locate2u platform, marking a significant commercial win for the New Zealand logistics tech firm.

Locate Technologies (NZX: LOC) has kicked off an on-market share buyback programme aiming to repurchase up to NZ$500,000 or nearly 15 million shares over 12 months. The move reflects the board’s view that the current share price undervalues the company’s growth prospects and assets.

I Synergy Group Limited has formalised a strategic AI infrastructure agreement with Treasure Global Inc. and launched a partnership with Octagram Investment Limited, signalling early moves into AI-powered digital technologies.

Infomedia Ltd reported solid FY25 financial results with a 7% rise in underlying cash EBITDA and announced a lucrative take-private offer from TPG Capital at a 41% premium. The company’s strategic AI investments and contract renewals underpin its growth trajectory.