Cloudflare Acquires VoidZero to Build the Future of the AI-Native Web

• Acquisition brings Vite, the world’s leading JavaScript build tool, and its core open source team to Cloudflare
• Cloudflare commits $1 million to an independent Vite ecosystem fund to support open source maintainers and contributors

SAN FRANCISCO, June 5 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced it has acquired VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite. The acquisition will unify VoidZero’s high-performance tooling — including the Vite build tool, Vitest test runner, Rust-based Rolldown bundler and Oxc toolchain — natively into the Cloudflare ecosystem. By merging Cloudflare’s global edge network and Workers developer platform with the modern web's industry-standard toolchain, Cloudflare is creating a frictionless, one-click deployment stack from local code straight to Cloudflare’s global network.

Application development is undergoing a fundamental shift. The rise of autonomous AI coding agents has ushered in an era of rapid application scaffolding where speed and local-to-production predictability are paramount. VoidZero’s toolchain, anchored by Vite, has emerged as the shared substrate for the web ecosystem, capturing over 130 million weekly downloads. The Cloudflare Vite plugin has reached 13.9 million weekly downloads — equivalent to more than 10% of Vite’s entire weekly volume — proving that developers are already choosing this combined stack for AI-coded applications.

"The best engineers I know are shipping more code than ever, and writing less of it by hand. AI is doing more of the typing — so everything around it has to keep up,” said Matthew Prince, co-founder and CEO of Cloudflare. "Evan and his team built Vite from scratch with the same philosophy we used to build Cloudflare: strip out the bloat and make it fast. Bringing them on board gives millions of developers, and the AI agents working alongside them, the fastest path from local code to our global network.”

VoidZero’s team of open source creators and Rust optimization specialists, led by widely recognized Vue.js and Vite creator Evan You, will join Cloudflare’s Emerging Technology and Incubation (ETI) organization. The team will continue to advance VoidZero's open source roadmap while accelerating deep integration with the Cloudflare Workers developer platform.

"Our mission at VoidZero has always been to eliminate the fragmentation and performance bottlenecks of the modern web stack," said Evan You, founder and CEO of VoidZero. "Cloudflare shares our obsession with speed and architectural purity. Joining forces allows us to keep the Vite ecosystem neutral, open, and vendor-agnostic, while giving us the resources and global infrastructure to supercharge the developer experience for millions of engineers worldwide."

By integrating VoidZero’s hyper-performant, Rust-based tooling directly into Cloudflare’s Workers developer platform, Cloudflare will unify the entire software development lifecycle. Developers and autonomous AI agents alike will be able to move from an idea to global production instantly via a native, pluggable vite deploy ecosystem. Through this acquisition, Cloudflare plans to drive a project-centric development paradigm, focusing on three core initiatives:
Unify the Developer Pipeline: Align the Cloudflare CLI natively with the seamless Vite workflow developers already love, bringing a frictionless end-to-end experience to every creator.
Enable Intent-Based Infrastructure: Evolve toward a workflow where a single Vite deploy command handles everything. If application logic declares a need for a database or an object store, a Vite application with Cloudflare integration will automatically detect that intent and natively provision Cloudflare resources like D1 or R2 — with no manual dashboard intervention required.
Maintain Open Source Steward Neutrality: Vite, Rolldown, Oxc, and Vitest will remain open source, vendor-agnostic and community-driven. Vite, Vitest, Rolldown, Oxc, and Vite+ will remain strictly open source under MIT licenses. Cloudflare is committing $1 million to a new independent Vite ecosystem fund to support community maintainers and contributors who are independent of both VoidZero and Cloudflare.

"At Lovable, we are empowering developers to build and deploy full-stack applications at unprecedented scale. An open and predictable toolchain is absolutely critical to that mission. As agents handle increasingly complex, real-time tasks, they require an underlying architecture that is performant and modular,” said Fabian Hedin, CTO and co-founder of Loveable. “By building our automated pipeline on Vite and leveraging its open ecosystem, we’ve been able to radically accelerate how AI agents generate, compile, and ship code. We have worked closely with the Cloudflare and VoidZero teams, and we’re excited to continue supporting and benefiting from the ecosystem they’ve helped create. Open-source infrastructure like Vite plays a critical role in the future of software development, and we’re encouraged to see its development remain independent and transparent.”

To learn more, please check out the resources below:
Cloudflare Blog: VoidZero is joining Cloudflare

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.

Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.

Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the benefits to Cloudflare’s customers from using Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the timing of when Cloudflare’s Workers developer platform and VoidZero’s products and technology and or any of their related features will be fully integrated and generally available to all current and potential Cloudflare customers, the potential timing of the closing of Cloudflare’s acquisition of VoidZero, Cloudflare’s plans and objectives for, and the timing of, the integration of VoidZero’s products and technology into Cloudflare’s Workers developer platform, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on May 8, 2026, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

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Source : Cloudflare, Inc.

--BERNAMA

Azerbaijan’s Bank ABB launches AI Conversational Banking assistants AI-nur and AI-khan

BAKU, Azerbaijan (Bernama-GLOBE NEWSWIRE) -- Bank ABB, one of the leading financial institutions in the South Caucasus, has officially launched its artificial intelligence assistants AI-nur and AI-khan, making them available to all customers following a successful Beta testing phase. The new conversational AI technology represents a major step forward in the bank’s digital transformation and introduces one of the first voice-enabled AI banking solutions in Azerbaijan’s and regional banking sector.

Since becoming available to customers, AI-nur and AI-khan have demonstrated strong adoption and engagement. More than 230k users have already used the service, generating over 2.5 million interactions through the AI-powered banking assistants.

As banking continues to evolve, conversational interfaces powered by AI, including voice, are becoming an integral part of future banking models, enhancing accessibility, speed, and personalization across digital channels.

Developed as part of Bank’s strategy to build the banking ecosystem of the future, AI-nur and AI-khan enable customers to interact with banking services using natural voice commands. Customers can transfer funds between their cards and accounts or send money to others using a mobile phone number. By simply stating the recipient’s name, the AI system identifies the contact and processes the transfer, provided the number is saved in the sender’s phone contacts. Additionally, the assistants can handle essential security functions, such as blocking or reactivating cards, offering a quick response in critical situations.

According to Bank ABB, the launch of AI-nur and AI-khan demonstrates the bank’s commitment to advancing AI-driven digital banking services in Azerbaijan and the wider South Caucasus region. By integrating conversational artificial intelligence into its digital ecosystem, the bank aims to make everyday banking more intuitive, faster, and more convenient for customers.

The number of generative and predictive models applied in various directions has now reached 180, generating more than 35 million AZN in positive financial impact for the bank.

Security remains a top priority in the development of the new AI assistants. All operations performed through AI-nur and AI-khan are conducted within Bank ABB’s secure digital infrastructure, ensuring that customer data and financial transactions are protected according to the highest banking and cybersecurity standards.

Bank ABB plans to continue expanding the capabilities of AI-nur and AI-khan in the near future, introducing additional features that will allow customers to access more banking services through AI-powered interaction.

More information about Bank ABB’s modern products and services is available on the official website, and via Bank ABB’s official social media pages.

SOURCE: Bank ABB - International Bank of Azerbaijan

--BERNAMA

GAMBIT CYBER UNVEILS VIZIER AI FOR AUTONOMOUS CYBERSECURITY OPERATIONS

KUALA LUMPUR, June 3 (Bernama) -- Gambit Cyber B.V., a Netherlands-headquartered cybersecurity company, has launched Vizier AI, its next-generation Agentic Security Workflow Automation platform.

According to Gambit Cyber in a statement, the platform uses coordinated artificial intelligence (AI) agents to continuously monitor threats, orchestrate incident response, and manage cyber risk without requiring manual intervention from security teams.

“The launch of Vizier AI represents a fundamental shift in how organisations approach cyber defence. We are not simply automating existing workflows; we are deploying a coordinated intelligence layer that thinks, analyses, and acts continuously on behalf of security teams.

“AI agents operating in concert can process signals, correlate threats, and orchestrate responses at a speed and scale that is simply beyond human capacity alone,” said Gambit Cyber Co-founder and Chief Executive Officer, Anuj Kumar.

The launch addresses a widening gap between the complexity of today’s threat landscape and the shrinking resources available to corporate security operations.

Built as a core component of the KnightGuard platform, Vizier AI acts as an autonomous Security Intelligence Workspace and leverages a coordinated network of autonomous AI agents that continuously monitor threats, analyse security data, orchestrate workflows, and deliver actionable insights for faster and more informed decision-making.

The platform enables organisations to scale security operations through AI-driven automation while maintaining visibility, governance, and control across their exposure management programmes.

Its key capabilities include threat detection through continuous AI-driven attack surface monitoring, workflow automation to reduce manual security tasks, accelerated incident response using autonomous AI agents, and intelligence generation by transforming raw security data into actionable insights.

-- BERNAMA

AM BEST UPGRADES FUSURE REINSURANCE ON CAPITAL STRENGTH, TENCENT BACKING

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit ratings to “a” (Excellent) from “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure).

The outlook of these credit ratings (ratings) is stable, reflecting FuSure’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

According to AM Best in a statement, the ratings also reflect the implicit and explicit support from its ultimate parent, Tencent Holdings Limited (Tencent).

The upgrade reflects FuSure’s strengthened balance sheet, supported by two rounds of capital injections from shareholders and anticipated additional capital commitments in the medium term, alongside the company’s successful execution of its business plan.

Since its establishment in 2021, FuSure has focused on building its presence in health reinsurance in the Greater China region while leveraging Tencent’s support in business development, product innovation, and distribution.

While health reinsurance remains its core business, FuSure has been diversifying across product lines, geographies, distribution channels, and client segments, including expansion into long-term health reinsurance and commercial property business.

The company’s strong balance sheet is supported by risk-adjusted capitalisation at the strongest level as of year-end 2025 and in projected years, as measured by Best’s Capital Adequacy Ratio. Additional supporting factors include its diversified and liquid investment portfolio, mainly in fixed income and cash equivalents, and a conservative reinsurance strategy with high-credit-quality retrocessionaires.

FuSure has delivered positive operating performance since its second year of operation and continues to execute its business plan with discipline, consistently meeting its budgeted bottom line, supported largely by stable investment income from its fixed-income portfolio.

AM Best expects FuSure to continue benefiting from its parent group through both explicit capital support and implicit advantages, including competitive strengths in health product design and pricing sophistication.

-- BERNAMA

BLACKSTONE CLOSES LARGEST ASIA PRIVATE EQUITY FUND AT US$13.1 BLN

KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)

The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.

“We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles,” said Blackstone Private Equity Strategies Global Head, Joe Baratta in a statement.

Meanwhile, Blackstone Private Equity Head of Asia, Amit Dixit said: “We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-orientated strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”

The firm invested more than US$7 billion across 12 transactions in the region over the past 24 months.

The investments include Neysa, a fast-growing Indian artificial intelligence cloud platform; TechnoPro, Japan's leading specialised engineering services provider; and JUNO, South Korea's top hair salon franchise.

Blackstone also completed 15 exits during the same period, including the listings of International Gemological Institute and Aadhar Housing Finance, as well as its exit from Alinamin Pharmaceutical in Japan.

-- BERNAMA

EXPEREO REPORT: FIRMS RUSH INTO AI INVESTMENT AMID ROI CONCERNS

KUALA LUMPUR, June 3 (Bernama) -- Expereo, a managed Network as a Service provider, stated that enterprise artificial intelligence (AI) spending is rising rapidly as organisations race to deploy the technology faster than they can assess its effectiveness.

According to the latest IDC InfoBrief commissioned by Expereo, about 70 per cent of organisations are investing in AI, driven by its potential and concerns about falling behind competitors, although many continue to lag in disciplined return on investment (ROI) evaluation.

In a statement, Expereo said one in five organisations (20 per cent) admitted they were investing aggressively in AI with limited evaluation, largely due to fears of being left behind.

Based on a survey of 800 technology leaders across Europe, the United States and Asia Pacific (APAC), the report found that AI has become one of the world's top technology investment priorities, with 51 per cent of organisations saying they plan to prioritise AI or machine learning over the next 12 months.

However, returns have yet to match expectations. Only 19 per cent of organisations surveyed said their AI implementations had exceeded expectations, while just five per cent reported significantly exceeding them.

The most frequently cited reasons for underperformance were inadequate or poor-quality training data (51 per cent), higher-than-expected costs or failure to achieve ROI (47 per cent), and AI systems not performing as expected (46 per cent).

The report also highlighted a network and infrastructure readiness gap. Among organisations whose AI implementations failed to meet expectations, 26 per cent cited inadequate network or connectivity performance as a contributing factor. Looking ahead, 54 per cent said they would require more flexible and scalable networks to thrive in an AI-driven environment.

The pressure to invest is most pronounced in APAC, where 37 per cent of organisations admitted investing aggressively in AI due to fears of being left behind, nearly double the global average and significantly higher than the United States (10 per cent) and Europe (13 per cent).

APAC also leads in AI adoption, with 35 per cent of organisations reporting extensive AI use across their operations, compared with a global average of 25 per cent.

The survey also found growing concerns over the long-term risks of AI investment. Some 54 per cent of technology leaders cited new security risks as a significant future threat, while 39 per cent expressed concern about losing visibility over AI-related costs and ROI once the technology becomes embedded across the business.

-- BERNAMA

JAPAN LIFE INSURERS’ REINSURANCE USE MORE THAN DOUBLED SINCE 2020 - AM BEST

KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.

According to Best’s Special Report, “Japan Life Insurers Increase Use of Reinsurance,” the implementation of the Japan Insurance Capital Standard, or J-ICS, at the end of March 2026 has prompted insurers to increase their use of reinsurance as solvency ratios become more sensitive to interest-rate movements, asset-liability mismatches, policy lapses, and longevity and mortality risks.

“Japanese life insurers have been increasingly using asset-intensive reinsurance to transfer investment, longevity, and insurance risks from capital-intensive annuity and long-term life insurance blocks to third-party reinsurers ahead of the implementation of J-ICS.

“The maturity and size of Japan’s life/annuity insurance market make it an attractive opportunity for reinsurers providing asset-intensive reinsurance solutions,” said AM Best senior industry research analyst, Cynthia Ang in a statement.

According to the report, the heightened activity has led to a sharp increase in reinsurance leverage, with the industry aggregate rising to 14.8 per cent at the end of 2024 from 4.8 per cent in 2020. The metric measures reinsurance ceded as a percentage of capital and surplus.

AM Best's analysis showed that Dai-ichi Frontier Life Insurance Co, Prudential Gibraltar Financial Life Insurance, and MetLife Insurance K.K. each recorded reinsurance leverage ratios exceeding 500 per cent in 2024.

While only an estimated one to two per cent of total in-force individual life insurance and annuity business was ceded to reinsurers in fiscal years 2023 and 2024, cessions are expected to increase as asset-intensive and offshore reinsurance become more widely used by Japanese life insurers.

Japan’s Financial Services Agency is tightening oversight of such transactions due to concerns over private equity involvement, asset liquidity, and complex cross-border collateral arrangements, the report said.

-- BERNAMA