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Saudi AI firm Humain, Applied Intuition partner on self-driving trucks
Saudi Arabia’s Humain is partnering with Applied Intuition Inc. to deploy self-driving trucks by 2030, as the kingdom’s leading artificial...
Zoomlion H1 revenue rises 9.2% YoY as international sales climb
Zoomlion Heavy Industry Science & Technology reported higher revenue in the first half of 2026 as international sales and several equipment...
Equipment lenders turn to healthcare sector for portfolio growth
Equipment finance is often associated with yellow iron and 18-wheelers, but lenders are increasingly turning to the healthcare sector for...
BMO records about $700M charge on equipment finance sale
BMO Financial Group recorded an approximately $700 million after-tax charge in its fiscal third quarter related to the pending sale...
RBR Enterprise, First Citizens launch ag equipment finance program
RBR Enterprise and First Citizens Bank’s Equipment Finance group launched a vendor finance agreement to provide leasing and lending options...
Trinity Capital names Nuyen director of equipment finance originations
Trinity Capital has appointed Matt Nuyen director of originations for its equipment finance team. Nuyen brings two decades of experience...
UK power equipment rental firm Aggreko files for US IPO
Aggreko Plc filed for a US initial public offering, revealing the private equity-backed power equipment rental company turned profitable as...
Lenders should not be on ‘leading edge’ with AI, Solifi CTO says
While many asset-based lenders are scrambling to adopt AI to keep up with competitors, Solifi is taking a slow-and-steady-wins-the-race approach. Auto and equipment lenders...
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