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  • Apple stock fluctuates following report of potential AI partnership for Siri

    Apple stock fluctuates following report of potential AI partnership for Siri

    Investing.com — Apple (NASDAQ:AAPL) shares traded choppily Monday afternoon, paring an earlier decline of 0.7% following a Bloomberg report that the tech giant is considering using external AI technology to power its Siri voice assistant.

    According to the report, Apple has held discussions with both Anthropic and OpenAI about potentially using their large language models to power a new version of Siri. The company has reportedly asked these AI firms to train versions of their models that could run on Apple’s cloud infrastructure for testing purposes.

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    This potential move would mark a significant shift in Apple’s AI strategy. The iPhone maker currently relies on its in-house technology, called Apple Foundation Models, for most of its AI features and had been planning to develop a new version of Siri using this proprietary technology for 2026.

    A decision to adopt Anthropic’s Claude or OpenAI’s ChatGPT models for Siri would signal that Apple is struggling to compete independently in the generative AI space, which has emerged as one of the most significant technological developments in recent years. While Apple already allows ChatGPT to answer web-based search queries in Siri, the assistant itself is currently powered by Apple’s own technology.

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  • A Super Mario Maker 2 player has cleared an astonishing 1 million levels

    A Super Mario Maker 2 player has cleared an astonishing 1 million levels

    was released six years ago this past Saturday. While Nintendo didn’t do a whole lot to mark the occasion, one of the game’s most dedicated players sure did. DSteves hit a remarkable milestone by becoming the first to clear 1 million SMM2 levels.

    The Twitch and YouTube streamer had hoped to reach that point by the game’s sixth anniversary and got there toward the end of a . In fact, DSteves cleared 1,000 levels during that single stream.

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    After the 999,999th level clear, an emotional DSteves punched in the code for a custom level a player named raysfire created just for this occasion — you can try it yourself by entering the level ID QKQ-4TD-0DG. Since this is SMM2, of course there was some cheap (or should that be Cheep Cheep?) trolling from raysfire, such as a Question Block that dispensed an enemy instead of a power-up. DSteves died a couple of times while playing this level, including to Bowser fireballs that were disguised by a bunch of coins.

    DSteves said on the stream it took six years and eight hours to beat 1 million SMM2 levels, and then toasted the achievement with some champagne. The vast majority of the level clears, nearly 800,000 of them, occurred in one Endless Challenge streak on Easy difficulty (just slightly more than my current streak of 581). So, DSteves didn’t exactly grind through several hundred thousand ultra-hard kaizo-style stages, but it’s still an impressive achievement.

    To reach the goal, DSteves cleared an average of 456.4 levels per day. The streamer skipped more than 80,000 levels, died more than 772,000 times and hit the million mark with about 165,000 more stage clears than the player in second place (I love that SMM2 shows these stats publicly).

    Despite hitting an astounding number of cleared levels, DSteves isn’t done with SMM2. The streamer was back to playing the game the following night and, at the time of writing, has now beaten 1,000,050 Super Mario Maker 2 stages.

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  • AI-Based Electrocardiogram Interpretation Detects LVSD in Muscular Dystrophy

    AI-Based Electrocardiogram Interpretation Detects LVSD in Muscular Dystrophy

    Routine echocardiographic surveillance in adults with muscular dystrophy may uncover early signs of left ventricular systolic dysfunction (LVSD) and prompt timely intervention, but physical limitations can make consistent monitoring a challenge. Artificial intelligence (AI)–based electrocardiogram interpretation (AI-ECG) could offer a noninvasive, accessible alternative to routine echocardiography, according to findings published in the Journal of the American Society of Echocardiography.1

    “Our findings have potential implications for clinical practice. Current guidelines recommend routine echocardiographic monitoring for muscular dystrophy patients, typically on an annual or biannual basis,” the authors wrote. “However, obtaining high-quality echocardiographic images can be challenging due to patient-specific factors such as scoliosis and muscle weakness. Our findings suggest that AI-ECG could serve as a complementary screening tool, potentially allowing for more flexible and patient-friendly monitoring strategies.”

    Despite the AI-ECG model’s potential, the authors cautioned it must be evaluated in a structured clinical framework to ensure that it improves established monitoring methods rather than replaces them. | Image credit: Yan – stock.adobe.com

    Cardiac complications are substantial contributors to mortality in muscular dystrophies, including Duchenne muscular dystrophy (DMD), in which up to 70% of patients experience LVSD.2 Despite the recommendations for regular electrocardiography, capturing high-quality echocardiographic images can be challenging for patients with muscular dystrophy due to scoliosis, muscle weakness, immobility, and other physical limitations, the authors noted.1

    “Given these limitations and the current pressure on echocardiography availability in our health care systems, alternative methods for LVSD risk stratification are urgently needed,” the authors wrote. “[AI] applied to [AI-ECG] has shown promise for predicting LVSD in various populations. An ECG is widely accessible, cost-effective, and quick to perform (also in immobile populations), with the potential for home monitoring applications.”

    The researchers identified patients with DMD, Becker muscular dystrophy, limb-girdle muscular dystrophy, or myotonic dystrophy who were 16 years or older and underwent an ECG and transthoracic echocardiogram within 90 days of each other at the University Medical Center Utrecht hospital in the Netherlands between 2007 and 2023. The data pool also included female carriers of DMD or BMD, who are also at a higher risk of cardiac complications.

    A convolutional neural network was first trained using a derivation cohort of 53,874 ECG-echocardiogram pairs from 30,978 patients without muscular dystrophy to detect LVSD, then it was tested on a set of 390 ECG-echo pairs from 390 patients with muscular dystrophy. The researchers used a Cox proportional hazards model to determine the predictive value of AI-ECG for new-onset LVSD.

    Follow-up echocardiography was available for 177 patients without LVSD at baseline. At a median follow-up of 4.8 (IQR, 2.6-8.6) years, LVSD occurred in 92 (52%) patients. LVSD prevalence ranged from 13.4% in patients with myotonic dystrophy to 81.3% in patients with DMD. No BMD female carriers showed LVSD, but 17.4% of DMD carriers had LVSD.

    In the validation set, the model achieved an area under the receiving operator curve (AUROC) of 0.86 (95% CI, 0.85-0.88), sensitivity of 0.90 (95% CI, 0.88-0.92), and specificity of 0.58 (95% CI, 0.56-0.60). In the muscular dystrophy test set, the model demonstrated an AUROC of 0.83 (95% CI, 0.79-0.87), sensitivity of 0.87 (95% CI, 0.81–0.93), and specificity of 0.58 (95% CI, 0.52-0.63). The negative predictive value was 0.91 (95% CI, 0.86-0.95), and the positive predictive value was 0.49 (95% CI, 0.43-0.53).

    The model overall showed an AUROC of 0.72 (95% CI, 0.66-0.78) for predicting new-onset LVSD, and the AI-ECG probability was a significant predictor of LVSD occurrence.

    Despite the model’s potential, the authors cautioned that timely diagnosis of LVSD and initiation of cardioprotective treatment are crucial. Therefore, AI-ECG must be evaluated in a structured clinical framework to ensure that it improves established monitoring methods rather than replaces them. The clinical utility, cost-effectiveness, and optimal integration of AI-ECG into current care standards must also be determined through prospective studies and cluster randomized trials, they added. Their study was also limited by its single-center nature and reliance on routine clinical interpretation of echocardiograms.

    “This study demonstrates that AI-ECG can accurately detect and predict LVSD in muscular dystrophy patients, offering a non-invasive, widely accessible, and applicable tool for cardiac risk stratification,” the authors concluded. “The ability to detect and predict LVSD may enable more personalized follow-up strategies, reducing reliance on echocardiography. Future research should focus on external validation and pediatric application.”

    References

    1. Arends BKO, Zwetsloot PM, Heeres PS, et al. Left ventricular systolic dysfunction screening in muscular dystrophies using deep learning-based electrocardiogram interpretation. J Electrocardiol. Published online June 12, 2025. doi:10.1016/j.jelectrocard.2025.154048

    2. Verhaert D, Richards K, Rafael-Fortney JA, Raman SV. Cardiac involvement in patients with muscular dystrophies: magnetic resonance imaging phenotype and genotypic considerations. Circ Cardiovasc Imaging. 2011;4(1):67-76. doi:10.1161/CIRCIMAGING.110.960740

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  • Scientists thought they found a ‘zombie’ in space. Turns out, it was something even stranger

    Scientists thought they found a ‘zombie’ in space. Turns out, it was something even stranger

    In June last year, astronomers scanning the sky from the remote deserts of Western Australia picked up a sudden, blinding burst of radio energy. The signal was so powerful, it temporarily outshone every other radio source in the sky, according to a report of CNN.

    At first, the team at Curtin University believed they had discovered something extraordinary — perhaps a new type of astronomical object or an ultra-rare fast radio burst (FRB) from within our galaxy.

    “We were really excited,” Dr. Clancy James, associate professor at Curtin’s Institute of Radio Astronomy, told CNN. “It looked like we had found an unknown object near Earth.”
    The data came from the ASKAP telescope, an advanced array of 36 large antennas spread across the Wajarri Yamaji Country in Western Australia. This setup is usually used to detect FRBs — intense, millisecond-long bursts of radio energy from distant galaxies, potentially caused by exotic phenomena like magnetars, the ultra-magnetic remains of dead stars.

    These bursts are not only puzzling but also powerful tools for mapping the “missing” matter in the universe. But this particular signal wasn’t behaving like a normal FRB.


    Unlike typical FRBs that originate billions of light-years away, this burst appeared to be shockingly close — just 4,500 kilometers (2,800 miles) from Earth. When the team zoomed into the data, the image became blurry — a telltale sign the source was much closer than expected.After sifting through satellite databases, the astronomers matched the source to Relay 2, a long-defunct U.S. communications satellite launched in 1964. Relay 2 had been orbiting silently since its instruments failed in 1967.But this sparked an even more bizarre question: Could a dead satellite suddenly burst back to life?

    A Flash from the Past
    The leading theory is an electrostatic discharge — a burst of energy caused by a buildup of electric charge on the satellite’s surface, similar to the shock you get from touching a doorknob after walking on carpet. When the charge releases, it can emit a sharp flash of radio energy.

    While these discharges are common and often harmless, the intensity and brevity of this one — just 30 nanoseconds long — was unprecedented. In fact, it was 2,000 to 3,000 times brighter than any other signal the ASKAP instrument typically detects.

    Another possibility, though less likely, is that a micrometeorite no larger than a grain of sand slammed into Relay 2 at extreme speed, causing a burst of plasma and radio waves. However, the team estimates there’s only about a 1% chance that was the cause.

    Why This Matters
    Although this turned out to be a human-made source, the discovery underscores a major challenge in space research: the interference of space junk with astronomical observations. With over 22,000 satellites launched since the dawn of the space age — and thousands no longer functional — Earth’s orbit is becoming a crowded and unpredictable place.

    Signals like the one from Relay 2 could easily be mistaken for cosmic phenomena, especially as ground-based observatories like ASKAP and upcoming arrays such as SKA-Low (Square Kilometre Array) continue to scan the skies for fast, faint signals.

    While this unexpected “zombie signal” turned out to be from a defunct satellite, it opens up new possibilities for using radio telescopes to monitor aging spacecraft for signs of unusual activity.

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  • White House says Canada’s Carney ‘caved’ to Trump on tech tax

    White House says Canada’s Carney ‘caved’ to Trump on tech tax

    The White House said Canadian Prime Minister Mark Carney “caved” to pressure from President Donald Trump in rescinding a tax on big US technology firms.

    White House Press Secretary Karoline Leavitt told reporters on Monday Canada had made a mistake in trying to levy the tax, and that Carney called Trump on Sunday evening to say he would drop it.

    Since Trump returned to office, the two countries have been fighting over trade. In response to the tax, which he called a “blatant attack”, Trump on Friday called off trade deal negotiations and threatened to raise tariffs.

    Canada then said it would halt collection of payments, which were due on Monday, and introduce legislation to scrap the tax.

    “President Trump knows how to negotiate, and he knows he is governing the best country and the best economy in this world,” Leavitt said in response to a question from a reporter.

    “Every country on the planet needs to have a good relationship with the US,” she said, and called removal of the tax a “big victory for our tech companies and our workers here at home”.

    Canada’s digital services tax (DST) would have meant US tech giants including Amazon, Meta, Google and Apple faced a 3% charge on Canadian revenue above $20m (£15m).

    On Sunday, Canada’s finance minister, François-Philippe Champagne, issued a statement saying the tax would be rescinded.

    “The DST was announced in 2020 to address the fact that many large technology companies operating in Canada may not otherwise pay tax on revenues generated from Canadians,” he said.

    “Canada’s preference has always been a multilateral agreement related to digital services taxation,” the statement added.

    Pierre Poilievre, the leader of Canada’s opposition Conservative Party, criticised scrapping the tax at the “11th hour”.

    In a post on X, he said the prime minister had “put his elbows down” – in reference to the “elbows up” phrase used by Carney and his Liberal Party when campaigning in this April’s election to signify they were prepared to defend Canadian interests against the US.

    Poilievre urged Carney to “insist that the US immediately rescind softwood lumber tariffs” in exchange, adding that “we need to make gains for our workers in these talks”.

    Many countries, including the UK, are changing how they tax large multinational technology firms, which have millions of customers and advertisers around the world, but high corporation tax bills due to the way their businesses are structured.

    It was estimated that Canada’s tax would cost the tech giants more than C$2bn ($1.5bn; £1.06bn) in its first year as the tax was being applied retroactively to January 2022.

    Last year’s federal budget estimated the tax would bring in C$5.9bn in total over the next five years.

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  • João Fonseca handles nerves amid partisan crowd for debut victory against Jacob Fearnley

    João Fonseca handles nerves amid partisan crowd for debut victory against Jacob Fearnley

    Wimbledon 2025 – João Fonseca keeps calm, carries on, reaches round two

    Fonseca admitted after the match that he was feeling the nerves – coming into his Wimbledon debut against a Briton is no easy welcome to the Championships.

    But the world No.54 looked as if he had been playing at SW19 since he was born, so co-ordinated with each shot and winning 84 per cent of his points on first serve.

    This also marks the Brazilian’s third consecutive debut triumph in a Grand Slam main draw, achieving victory on his maiden outings at both the Australian Open and French Open this year.

    “Probably the place that you play, you just feel like you want to win a lot,” Fonseca explained of what brings out the best of him at majors. “You’re playing a Grand Slam. It’s an opportunity. It’s once in a year, so you just give it all. I was very focused today and I gave my best. So I’m very happy, I worked very much for this one.”

    For Fearnley, he falls short of consecutive second-round appearances at Wimbledon and bids farewell to the home crowd, who roared him on through the challenging conditions in south-west London.

    On the other side of the net, Fonseca looks to just be getting started. At the tender age of 18, he is the first player that young to reach the Wimbledon men’s singles second round since Carlos Alcaraz in 2021.

    Having reached the second round at Melbourne Park and the third round at Stade Roland-Garros, what lies in store for the boy from Rio de Janeiro at the Championships 2025?

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  • Ameesha Patel mourns Shefali Jariwala’s demise, calls it ‘very unfortunate and sad’: ‘She, Adnan Sami, and I did a full world tour together’ | Hindi Movie News

    Ameesha Patel mourns Shefali Jariwala’s demise, calls it ‘very unfortunate and sad’: ‘She, Adnan Sami, and I did a full world tour together’ | Hindi Movie News

    Amisha Patel mourned Shefali Jariwala’s sudden passing, calling it very unfortunate and sad. She fondly recalled their past tours and airport meetings, describing Shefali as warm and kind-hearted. The actress-model’s death at 42 shocked the industry, with the cause yet unconfirmed after autopsy.

    Ameesha Patel mourned the unexpected and early loss of Shefali Jariwala, describing it as a heartbreaking and tragic event. She reflected warmly on their past friendship, remembering Shefali’s kindness and warmth. Despite losing regular contact over the years, Ameesha noted that they would often cross paths at airports, sharing pleasant moments together.Fond Memories Shared at Mumbai AirportAt Mumbai airport today, Ameesha expressed her deep sadness over Shefali’s passing, calling it “very unfortunate and very sad.” She recalled, “I knew her personally. Around 15 years ago, she, Adnan Sami, and I did a full world tour together — America, Canada. She was such a lovely girl. We also did quite a few shows in India. But over the past 10–12 years, we lost touch. Still, we used to run into each other at the airport often and have long conversations. She was truly a wonderful person, and this is just so sad. All we can do now is pray for soul.”Industry Shocked by Sudden DemiseThe sudden passing of Shefali has deeply shocked the entertainment world. At just 42 years old, her death was initially reported to be caused by cardiac arrest. While the official cause of death has not been confirmed, Mumbai Police stated that her autopsy report has been “reserved.” Sources suggest that Shefali had been self-medicating with anti-ageing pills for several years, and two boxes of such medicines were found at her home.As per the findings from the first medical checks, the report further said, “Shefali’s death is said to have been due to low blood pressure, cardiac arrest and heavy gastric condition.” But exact confirmed details are awaited.


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  • Jonathan Anderson’s Dior Debut Show in Paris Draws on European Art

    Jonathan Anderson’s Dior Debut Show in Paris Draws on European Art

    An anticipated Paris show presenting Dior’s latest men’s collection, set to be released in 2026, and the first designed under ex-Loewe’s Jonathan Anderson direction, made subtle nods to European art and culture.

    Dior presented its latest men’s collection at the Invalides, a museum complex centered on French military history, using a large black-and-white image of Christian Dior’s original salon as a backdrop. The display, which stretched across the entrance, was meant to signal the 80-year-old brand’s historic connection to French culture. 

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    The Dior Homme’s 2026 Spring/Summer collection was the first designed by Anderson after taking up the position last month. He is now overseeing men’s and women’s designs at the house, the first designer in the house’s history to hold both roles simultaneously. 

    In the Paris show, Anderson, avoiding dramatic changes, mixed some of Dior’s heritage with the present, as first reported by critic Vanessa Friedman of the New York Times. Friedman wrote that the collection meshed “formal and casual, historic and contemporary,” while according to Dazed, Anderson was centering the “aristocrat,” as the show’s main concept, using 18th century European art and English tailoring to deliver the message.

    Dazed also noted that the show’s stage was designed to mimic visuals from older museum exhibitions that use velvet as wallpaper, including the Berlin’s Gemäldegalerie gallery and New York’s Frick collection, both holding European art collections.

    The Paris show drew from that design choice, covering the Invalides’ interior walls with off-white velvet, and hanging two paintings by 18th century French still-life artist Jean Siméon Chardin that were loaned from the National Galleries of Scotland and the Louvre.

    Prior to the debut show, Anderson’s art references were leaking through online. Earlier this month, Dior published famous photographs of social and artistic royalty from Anderson’s “mood board,” on social media: separate polaroids of Lee Radizwill, an American-European princess and fixture in aristocratic circles, and painter Jean Michel-Basquiat, both subject of Andy Warhol.

    Radizwill’s connection to Dior’s history began in the 1960s under the label’s then-creative director, Marc Bohan, who used her as a muse. (A 1977 silk robe designed by Bohan, gifted by Radizwill, is in the Met’s collection.)

    Anderson’s first women’s collection will be presented in September.

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  • Best iPad apps for unleashing and exploring your creativity

    Best iPad apps for unleashing and exploring your creativity

    There are a number of iPad apps that can help you explore and express your creativity. Although the iPad started off as a simple device that could be used to stream content or browse the web on the go, Apple has essentially turned its iPads into powerful machines that can be used to do things like create digital art and edit videos.

    We’ve compiled a list of some of the best iPad apps for creativity that are available on the App Store. 

    Before we get into the list, it’s worth noting that although Adobe’s creative apps are often top choices for creativity on the iPad, this list won’t include them because they are already quite well-known. The list will instead focus on somewhat lesser-known apps.

    Procreate

    Image Credits:Procreate

    Procreate is one of the most popular drawing apps for the iPad, and for good reason. The app lets you create digital paintings, sketches, and illustrations using dozens of different types of brushes. Procreate is easy to use and features built-in gesture controls, along with a simple interface. 

    The app allows for high-resolution canvases up to 16K by 8K on compatible iPad Pros. It also lets you create storyboards, GIFs, animatics, and simple animations. Plus, you can import image files such as JPG, PNG, and TIFF. Procreate includes several features that are designed to help you during the creative process on your iPad, such as QuickShape, StreamLine, Drawing Assist, and ColorDrop.

    Once you’re finished creating your piece, you can relive your creative journey with the app’s time-lapse “Replay” feature and share a 30-second time-lapse video on social media. 

    You can access Procreate with a one-time payment of $12.99.

    LumaFusion

    Image Credits:LumaFusion

    LumaFusion is a great app for editing videos if you’re ready to graduate from iMovie. The app features numerous user-friendly features that make it perfect for aspiring videographers or indie filmmakers on a budget. 

    With LumaFusion, you can create multiple layer edits with 4K ProRes and HDR media. You can add different effects, choose from dozens of transitions, and record voice-overs. The app lets you create multilayer titles and import fonts and graphics. Plus, you can fine-tune audio with Graphic EQ, Parametric EQ, Voice isolation, and more. 

    The app lets you create projects with a variety of aspect ratios, including 16:9 landscape, 9:16 portrait, square, widescreen film, anamorphic, and more. 

    LumaFusion is available for a one-time payment of $29.99. You can also purchase additional features, such as multicam editing and the ability to send your project to Final Cut Pro for Mac. 

    Canva

    Image Credits:Canva

    Canva offers a user-friendly platform that allows anyone to create visual content, even without graphic design experience. You can use it to create presentations, infographics, videos, websites, social media posts, and more with over 250,000 templates.

    Canva features tools for editing photos, personalizing content with logos and images, adding audio, and cropping and speeding up video. 

    The platform also has a series of AI features that are designed to make the creation process easier. For instance, you can extend an image using “Magic Switch” or turn ideas into images with “Magic Media.”

    Canva is free but offers a $12.99 monthly subscription if you want unlimited access to its AI features, premium templates, and more. 

    Affinity Designer 2

    Image Credits:Affinity

    Affinity Designer 2 is a graphic design app that combines vector design, pixel-based textures, and retouching into a single platform. It’s great for professional illustrators, web designers, game developers, and other creatives. 

    The app lets you create illustrations, branding, logos, icons, UI/UX designs, typography, posters, labels, fliers, stickers, concept art, digital art, and more. It supports Apple Pencil’s precision, pressure sensitivity, and tilt functionality.

    Affinity Designer 2 features gesture controls to speed up your workflow, and it lets you customize keyboard shortcuts. You can also do things like create your own custom font and zoom to over 1,000,000% for absolute precision. 

    You can access the app through a one-time payment of $18.49. 

    Concepts

    Image Credits:Concepts

    Concepts is a great app for exploring your ideas and experimenting with designs. You can use the app to sketch plans, make notes and mindmaps, and draw storyboards and designs. 

    The app features Nudge, Slice, and Select tools that allow you to easily change any element of your sketch without redrawing it. The app features realistic pens, pencils, and brushes that flow with pressure and tilt. 

    Concepts gives you access to scale and measurement tools that calculate real-world dimensions, and also features a tool wheel or bar that you can personalize to your liking. 

    The app’s basic features are free. Concepts offers a $4.99 monthly subscription if you want access to additional features, such as the ability to create your own brushes and premium editing tools.

    Tayasui Sketches

    Image Credits:Tayasui Sketches

    Tayasui Sketches is a good, user-friendly sketching and drawing app. It has several different features such as a realistic watercolor brush, digital acrylic brushes, the ability to blend two colors to get the perfect shade, gradient and depth tools, and more.

    The app lets you multitask by opening up another app and dragging lawyers and documents between the two. There’s also a “Zen Mode” that lets you create without distractions.

    You can also upload your images to incorporate them into your creations. Tayasui Sketches lets you store your creations into personalized folders.

    Tayasui Sketches’s basic features are free. The app offers a $2.99 monthly subscription that unlocks unlimited layers, new brushes and markers, an extended brush editor, the ability to backup your drawings, and more.

    This story originally published in December 2024 and is updated regularly with new information.

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  • TIAN RUIXIANG Holdings Ltd Completes Acquisition of Ucare

    TIAN RUIXIANG Holdings Ltd Completes Acquisition of Ucare

    BEIJING, June 30, 2025 (GLOBE NEWSWIRE) — TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company” or “TRX”), a China-based insurance broker, today announced it has completed the acquisition of 100% of issued and outstanding shares of Ucare Inc. (“Ucare”), the sole operator of China’s only cloud-based AI-driven hospital and health insurance risk management platform. The all-stock transaction, valued at US$150 million, marks a major milestone in TRX’s strategy to expand into in-hospital distribution channels and capture new growth opportunities within the health insurance sector.

    As part of the closing, TRX has issued 101,486,575 Class A ordinary shares, each with a par value of US$0.025. Powered by the largest hospital database and a cloud-based generative AI platform, Ucare develops innovative healthcare solutions that help providers, payers, and institutions reduce fraud, abuse, waste, and administrative costs. Following the acquisition, Ucare will harness TRX’s robust platform, capital resources, and strategic relationships to advance R&D, embed cutting-edge generative AI into clinical pathways, and broaden its reach from healthcare providers to insurance partners.

    Leveraging Ucare’s existing relationships with over 4,000 hospitals and leading AI analytics, TRX will expand business channels and build unique health insurance service offerings. Ucare’s generative AI platform will be integrated into TRX’s underwriting and claims processing health insurance workflows to reduce fraud, streamline operations, and improve pricing precision.

    Ms. Sheng Xu, Director, Chairwoman and Chief Executive Officer of TRX, stated, “We are thrilled to officially welcome Ucare to the TRX family. This acquisition places us at the intersection of healthcare and insurance, unlocking data-driven insights that will transform how health insurance is designed, sold, and serviced. In the coming months, we are focused on expediting Ucare’s growth by building on the success it’s already achieved, while designing differentiated offerings that align with evolving patient needs and national healthcare priorities. Our long-term goal is to create a seamless insurance-hospital ecosystem that enhances transparency, efficiency, and accessibility for all stakeholders.”

    Mr. Wei Zhu, Chief Executive Officer of Ucare, added, “Joining TRX opens an exciting new chapter for Ucare’s mission to reshape hospital and health insurance risk management in China. With TRX’s resources, we are well-positioned to accelerate our platform deployment and deepen integration with insurance services. Together, we will lead the next wave of innovation in medical cost containment and health insurance.”

    About TIAN RUIXIANG Holdings Ltd
    TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China through its China-based variable interest entity. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and (2) other types of insurance, such as health insurance, life insurance, and other miscellaneous insurance.

    About Ucare Inc.
    Ucare Inc. develops innovative healthcare solutions that enable providers, payers, and institutions to reduce fraud, abuse, waste, and administrative costs. Powered by the largest hospital database, Ucare’s cloud-based generative AI platform continuously refines disease models by integrating real-world data, the latest medical guidelines, and real-time intelligence. Ucare’s vision is to ease the burden on patients, expand coverage, and ultimately improve access to healthcare for everyone.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review risk factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

    For investor and media enquiries, please contact:
    TIAN RUIXIANG Holdings Ltd
    Investor Relations Department
    Email: ir@tianrx.com

    Water Tower Research
    Feifei Shen
    Email: feifei@watertowerresearch.com

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