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2026-06-12 15:34 1mo ago
2026-03-12 22:29 4mo ago
H2O.ai Partners with xAmplify, Australia's Leading Sovereign AI Integrator, to Drive ANZ Expansion
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
SYDNEY--(BUSINESS WIRE)--H2O.ai, the leading open-source AI platform company, partners with xAmplify, Australia’s leading sovereign AI integrator. Together, we’re combining H2O.ai’s world-class Agentic AI platform with xAmplify’s proven expertise in delivering secure, explainable, enterprise-grade AI-enabled transformation for government and enterprise organizations.

Expanding Enterprise AI Across Australia

Share At H2O.ai, we work with enterprises, and highly regulated government agencies, to close the last mile between AI pilots and measurable business outcomes. xAmplify brings deep experience supporting Australian Government agencies and enterprise customers in deploying secure, sovereign AI solutions. With Macquarie Capital-backed national expansion and recent acquisitions strengthening enterprise transformation capabilities, combining xAmplify’s trusted local delivery expertise with H2O.ai’s end-to-end Agentic AI platform, Australian organisations can scale AI confidently—from experimentation to production.

For Australian government and enterprise organisations navigating complex regulatory requirements and digital sovereignty mandates, this partnership enables government agencies to:

Own their data, models, and AI infrastructure Deploy AI securely on-prem, private cloud, and air-gapped environments Fine-tune use-case-specific LLMs and drive adoption beyond data science teams Establish operational governance, transparency, and explainability across AI workflows Wayne Gowland, CEO and Co-founder of xAmplify:

"Australian organisations are moving beyond AI pilots to production deployments that must meet rigorous sovereignty, security, and explainability standards. Our partnership with H2O.ai brings together world-leading AI technology with xAmplify's proven delivery expertise to help government and enterprise clients confidently transform operations while maintaining complete control over their data and models. This is about delivering practical AI outcomes with partners who understand the Australian context."

About H2O.ai

Founded in 2012, H2O.ai is on a mission to democratize AI. As the world’s leading agentic AI company, H2O.ai converges Generative and Predictive AI to help enterprises and public sector agencies develop purpose-built GenAI applications on their private data. With a focus on Sovereign AI—secure, compliant, and infrastructure-flexible deployments—H2O.ai delivers solutions that align with the highest standards of data privacy and control.

Its open-source technology is trusted by over 20,000 organizations worldwide, including more than half of the Fortune 500. H2O.ai powers AI transformation for companies like AT&T, Commonwealth Bank of Australia, Certis, Chipotle, Workday, Progressive Insurance, and NIH.

H2O.ai partners include NVIDIA, Dell Technologies, Deloitte, Ernst & Young (EY), Snowflake, AWS, Google Cloud Platform (GCP), VAST Data and MinIO. H2O.ai’s AI for Good program supports nonprofit groups, foundations, and communities in advancing education, healthcare, and environmental conservation. With a vibrant community of 2 million data scientists worldwide, H2O.ai aims to co-create valuable AI applications for all users.

H2O.ai has raised $256 million from investors, including Commonwealth Bank, NVIDIA, Goldman Sachs, Wells Fargo, Capital One, Nexus Ventures and New York Life.

For more information, visit www.h2o.ai.
2026-06-12 15:34 1mo ago
2026-04-08 07:20 3mo ago
H2O.ai appoints Ingram Micro as Distributor for ANZ, Strengthening its AI Fulfilment Leadership
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
SYDNEY--(BUSINESS WIRE)--H2O.ai, a pioneer in sovereign AI and global leader in agentic, predictive, and opensource generative AI and machine learning, today announced a new distribution agreement with Ingram Micro Australia and New Zealand. Under the agreement, Ingram Micro becomes a key route to market for the full H2O.ai portfolio across Australia and New Zealand, including the H2O opensource platform, h2oGPTe, Document AI, and enterprise grade Agentic AI solutions.

This strategic collaboration expands H2O.ai’s reach in the region and reinforces Ingram Micro’s position as ANZ’s largest technology distributor and a leader in AI fulfilment. By incorporating H2O.ai’s proven, Kagglewinning AI stack into its rapidly growing ecosystem, Ingram Micro empowers partners to deliver secure, sovereign, and production ready Generative and Agentic AI solutions. All offerings will be discoverable, quotable, and transactable via Ingram Micro’s Xvantage™ AI enabled platform.

Built on the foundations of trust, transparency, and enterprise grade security, Xvantage™ consolidates software, infrastructure, and cloud marketplace capabilities into a single intelligent hub. By pairing H2O.ai solutions with leading infrastructure vendors and cloud services, Xvantage™ allows partners to deliver in country AI outcomes with unprecedented speed and efficiency.

Jamie Lim, Vice President, Partnerships, Asia Pacific at H2O.ai, said:

“Partnering with Ingram Micro combines our expertise in AI platforms and solutions with their extensive partner ecosystem, enabling organisations to accelerate AI adoption at scale. Together, we can bring practical, production ready AI capabilities to more businesses and drive meaningful outcomes across industries in Australia and New Zealand.”

Hope McGarry, Vice President and Chief Country Executive, Ingram Micro Australia, said:

“We’re proud to collaborate with H2O.ai and bring genuine opensource Generative and Agentic AI leadership to our channel. This collaboration enables our partners to design and sell recurring AI services that may drive long term business impact, while helping address critical industry trends such as data sovereignty and ethical AI deployment.”

John Brown, Senior General Manager, Strategy, AI and Emerging Vendors, Ingram Micro Australia, added:

“H2O.ai is a crucial addition to our AI portfolio. Their opensource foundation, enterprise grade performance, and commitment to responsible AI align strongly with the needs of Australian and New Zealand organisations amid increasing scrutiny around AI ethics, sustainability, and governance. Our partners can now deliver production AI solutions faster and more profitably than ever before.”

Brook Gyde, General Manager, ASG and Cloud, Ingram Micro New Zealand, added:

“H2O.ai’s focus on sovereign and responsible AI aligns strongly with what New Zealand customers are looking for - transparency, control, and clear business outcomes. When combined with the capabilities of our Xvantage™ platform, this relationship helps partners design, quote, and transact AI solutions more efficiently, while creating differentiated cloud and managed services that deliver long term value.”

Availability

H2O.ai solutions are available immediately through Ingram Micro and the Xvantage™ platform across Australia and New Zealand. Partners can get started today by contacting their Ingram Micro Account Manager.

About H2O.ai

Founded in 2012, H2O.ai is on a mission to democratize AI. As the world’s leading agentic AI company, H2O.ai converges Generative and Predictive AI to help enterprises and public sector agencies develop purpose-built GenAI applications on their private data. With a focus on Sovereign AI—secure, compliant, and infrastructure-flexible deployments—H2O.ai delivers solutions that align with the highest standards of data privacy and control.

Its open-source technology is trusted by over 20,000 organizations worldwide, including more than half of the Fortune 500. H2O.ai powers AI transformation for companies like AT&T, Commonwealth Bank of Australia, Certis, Chipotle, Workday, Progressive Insurance, and NIH.

H2O.ai partners include NVIDIA, Dell Technologies, Deloitte, Ernst & Young (EY), Snowflake, AWS, Google Cloud Platform (GCP), VAST Data and MinIO. H2O.ai’s AI for Good program supports nonprofit groups, foundations, and communities in advancing education, healthcare, and environmental conservation. With a vibrant community of 2 million data scientists worldwide, H2O.ai aims to co-create valuable AI applications for all users.

H2O.ai has raised $256 million from investors, including Commonwealth Bank, NVIDIA, Goldman Sachs, Wells Fargo, Capital One, Nexus Ventures and New York Life.

For more information, visit www.h2o.ai.
2026-06-12 15:34 1mo ago
2026-04-13 19:30 3mo ago
ANZ raises oil price forecasts on Middle East supply losses
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
3D printed oil barrels and rising stock graph are seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab

April 14 (Reuters) - ANZ now expects Brent crude to end the year at $88 a barrel and remain above $90 a barrel for ​the rest of 2026, up from its earlier forecast that had ‌assumed prices closer to $80, due to the loss of supply from the Gulf, it said on Tuesday.

The revision reflects export disruptions, logistics constraints and precautionary shut-ins by core Gulf ​producers that have sharply reduced supply even where production capacity has ​not been physically damaged in the U.S.-Israeli war with Iran, ⁠ANZ analysts said in a research note.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

The war, which broke out on ​February 28, has resulted in the effective closure of the Strait of Hormuz, ​through which about one-fifth of global oil flows.

ANZ estimates that about 10 million barrels per day of crude supply have been effectively removed from the market relative to the ​bank's January baseline.

"The oil market no longer needs a worst-case escalation to ​justify higher pricing levels," the analysts said, adding that tight supply-demand balances alone could sustain ‌Brent ⁠prices near or above current thresholds, even in the absence of further geopolitical risks.

While some supply could return to the market if security conditions improve, ANZ cautioned that any recovery is likely to be slow and uneven.

The bank ​said between 1 million ​bpd and ⁠2 million bpd of output could face permanent or semi-permanent disruption due to reservoir damage, deferred maintenance, and financial ​challenges.

OECD commercial oil inventories were already near historically low levels ​before the ⁠disruptions, leaving limited room for stockpile releases to stabilise prices, ANZ said. Without a sharp drop in global demand, the bank said the market may need ⁠price-driven ​demand destruction to rebalance, keeping volatility high into ​2027.

Benchmark Brent crude futures settled on Monday at $99.36 per barrel, while U.S. West Texas Intermediate (WTI) futures ​finished at $99.08 per barrel.

Reporting by Anmol Choubey in Bengaluru; Editing by Chris Reese

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-06-12 15:34 1mo ago
2026-04-17 10:41 3mo ago
Are Finance Stocks Lagging ANZ Group Holdings Limited - Sponsored ADR (ANZGY) This Year?
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
Here is how ANZ Group Holdings Limited - Sponsored ADR (ANZGY) and Banco Bradesco (BBD) have performed compared to their sector so far this year.
2026-06-12 15:34 1mo ago
2026-05-03 21:00 2mo ago
Glean Expands to Australia as ANZ Demand Grows for Secure Enterprise AI
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
Established legal entity and growing in-region team strengthen support for customers and partners as organisations across the region look to deploy AI with greater business impact

SYDNEY--(BUSINESS WIRE)--Work AI leader Glean today announced a deeper investment in Australia, formalising its local presence with an established entity as AI momentum continues to build. As organisations across Australia and New Zealand move from AI experimentation to enterprise-wide adoption, Glean is expanding its support for customers and partners in the region. With a local legal entity and plans to nearly double its in-market team this year, Glean is helping enterprises across ANZ deepen AI adoption in ways that deliver meaningful business impact and make AI more useful in the flow of work.

Australia is one of the most mature technology markets in APAC, but many organisations are still navigating the harder second act of the AI journey: moving from pilots to secure, governed deployment at scale. Across ANZ, enterprises are managing sprawling application environments, siloed information, rising expectations around data sovereignty, and the need for AI that can work across the business, not just within a single tool or workflow.

Glean’s expansion in Australia reflects both the market opportunity in ANZ and the company’s broader international growth strategy. By strengthening its foundation in-market, Glean is better positioned to support regional customers and partners as enterprises look for AI they can deploy with confidence.

“We’re expanding in Australia because the demand is real, and we believe this market will be one of the defining markets for enterprise AI globally. Organisations across Australia and New Zealand know what AI can deliver, and they’re moving quickly to make it useful inside the enterprise. But they need more than access to models. They need AI grounded in their company’s own context, connected across their existing systems, and built with security and governance at the core.” – Arvind Jain, Founder & CEO, Glean

Glean’s expansion in Australia builds on broader company momentum. The company surpassed $200 million in annual recurring revenue in December 2025, just nine months after reaching $100 million ARR, and has more than tripled its enterprise customer base in the past two years. That growth reflects a broader market shift as enterprises move beyond pilot programs and make AI a core part of how work gets done.

This momentum is playing out across key ANZ industries including technology, financial services, telecommunications, and media, where organisations are looking for AI that can operate securely at scale. Glean already supports leading organisations in the region, including Optus, Canva, Xero, and REA Group, having grown its ANZ customer base by more than 60 percent in the past year.

Building on this customer momentum, Glean’s expanded presence in the region will help customers and partners scale AI adoption more effectively.

“We’re seeing strong appetite across ANZ for AI that can work across the enterprise, not just within a single application or workflow. This is a market with high SaaS maturity, but also real complexity, from fragmented environments to rising expectations around trust and data sovereignty. Glean’s context-aware Work AI platform is designed for that reality, bringing enterprise knowledge, permissions, and workflows together in a secure AI layer. With our growing local presence, we can work more closely with customers and partners as they turn AI from experimentation into scaled business impact.” – Amar Maletira, Chief Operating Officer, Glean

In ANZ, Glean is working with ecosystem partners including AWS, Snowflake, and Mantel to help enterprises deploy AI on top of their existing data, cloud, and technology environments.

About Glean

Glean is the Work AI platform that helps everyone work smarter with AI. Glean Assistant gives every employee a powerful enterprise AI assistant that connects to and understands company data via Glean’s Enterprise Graph, and Glean Agents empowers everyone to create, use, and manage AI agents using natural language. Powered by Glean’s search and agentic engine, Glean’s agents automate work across the organisation at scale, while ensuring permissions enforcement, full referenceability, governance, and security. With over 100 connectors, LLM choice, APIs for customisation, and no need for costly professional services, Glean delivers scalable, turnkey implementation of a complex AI ecosystem on one horizontal platform.
2026-06-12 15:34 1mo ago
2026-05-04 03:13 2mo ago
Oil prices still don't reflect the one-million-barrel loss due to the Iran War: ANZ
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
ANZ's Daniel Hynes says a dramatic drawdown in global crude inventories will finally push markets to understand the reality of the situation, as markets currently assume the Strait of Hormuz will reopen soon, and supply will quickly come back online.
2026-06-12 15:33 1mo ago
2026-05-06 10:41 2mo ago
Has ANZ Group Holdings Limited - Sponsored ADR (ANZGY) Outpaced Other Finance Stocks This Year?
ANZGY ANZ Group Holdings
FMP Stock News
Original source text
Here is how ANZ Group Holdings Limited - Sponsored ADR (ANZGY) and First BanCorp (FBP) have performed compared to their sector so far this year.