KCC Manufacturing and Transaera have formed a manufacturing and engineering partnership to scale U.S. production of Transaera's next-generation dedicated outdoor air systems, which use Metal Organic Framework materials to remove moisture before cooling.
Piper Sandler is in discussions about a potential acquisition of Perella Weinberg Partners, a transaction that would combine two Wall Street investment banking firms with significant merger and acquisition advisory businesses, according to The Wall Street Journal. The potential combination comes amid stronger U.S. dealmaking activity and continued consolidation across the investment banking industry.
Motion Society has appointed Chanel Simmons as Managing Director, U.S., putting the former Spotify and Meta content partnerships executive in charge of growth in a market that already represents approximately 70% of the company's creator business.
CoreTrust is marking its 20th anniversary with a procurement platform that now manages approximately $7 billion in annual aggregated spend for more than 4,000 members, supported by more than 400 private equity partners, 80 supplier partners, and 125 pre-negotiated contracts.
SoundThinking has entered into a definitive agreement to be acquired by Transom Capital Group, taking the public safety technology company private in a transaction with a potential enterprise value of approximately $159 million.
Alaska Air Group has unveiled Aurora for Alaska Airlines and Leihōkū for Hawaiian Airlines, two new flagship premium travel experiences that will introduce upgraded lie-flat suites, dedicated airport services, new lounges, premium dining, and redesigned aircraft interiors. The company is also launching Premium Reserve, a new premium economy cabin scheduled to begin rolling out across both airlines in 2028.
Merck has entered into an exclusive global licensing agreement with SciBrunch Therapeutics for SPR2015, an investigational preclinical oral KRAS G12D (ON) inhibitor, in a transaction with a total potential value of $2.13 billion.
Lowenstein Sandler has added Hila Cohen as a partner in its Venture Funds Launch Group, expanding the firm's capabilities advising emerging venture capital managers on fund formation, fundraising, regulation, and the development of investment management businesses.
Pagaya Technologies has closed its first Variable Funding Note facility with ATLAS SP Partners, establishing nearly $700 million in committed funding capacity for its personal loan platform as the financial technology company expands its long-term capital strategy.
AAR has entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4 billion, significantly expanding the company's aviation aftermarket platform and adding more than $1 billion in annual revenue from a business serving major U.S. airline customers.
Oura has postponed its previously announced initial public offering on Nasdaq, citing uncertainty in the IPO market despite what the company described as strong investor demand. The health technology company said its business has continued to strengthen since beginning the IPO process and remains profitable.
JLL has been selected by Orchard Partners to market Quarry Innovation Center, a planned 892,546-square-foot advanced manufacturing and R&D campus in Brisbane, California, that would transform one of Northern California's oldest operating quarries into a large-scale facility for next-generation manufacturing.
Researchers at The University of Texas MD Anderson Cancer Center have developed an artificial intelligence model that can identify lung cancer patients at increased risk of developing immunotherapy-induced pneumonitis before treatment begins, potentially giving clinicians an opportunity to monitor high-risk patients more closely or intervene before serious complications develop.
Plug and Play has selected 140 startups from 20 countries and territories across 13 programs for its Silicon Valley Fall 2026 batches, with artificial intelligence emerging as the strongest theme across industries ranging from financial services and retail to agriculture, insurance, healthcare, travel, and advanced hardware.
Ford Motor Company, JPMorganChase, the State of Michigan, Michigan Central, and Newlab have launched Michigan LIFT, the Michigan Launchpad for Industrial Innovation & Transformation, a public-private initiative designed to help innovative suppliers secure business from major manufacturers, obtain financing, and scale production in Michigan.
Infinite Uptime and Tech Mahindra have formed a partnership to expand the deployment of Physical AI across manufacturing and process industries, combining Infinite Uptime's industrial intelligence technology with Tech Mahindra's manufacturing transformation capabilities.
Luminance has appointed Don Riddick as Chief Legal Officer, placing the former Featurespace legal chief in charge of the company's legal, governance, compliance, and risk functions.
EliseAI has raised $350 million at a $4 billion valuation, doubling its valuation from its previous funding round in August 2025 as the company expands its vertical AI platform across the housing and healthcare industries. The financing was led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital.
Romanian startup Kyndred has raised €500,000 in pre-seed funding from Early Game Ventures to develop AI companions designed to combine persistent memory, voice, animation, and everyday assistance into a more continuous relationship with users.
Anthropic is preparing for an initial public offering that could value the AI company at more than $2 trillion, even as its prospectus shows rapidly rising infrastructure spending and widening losses, according to Reuters. The filing lays out Anthropic's expectation that artificial intelligence could reshape the global economy while also illustrating the extraordinary capital required to compete at the frontier of AI.
Viking Acquisition Corp. I expects to complete its previously announced business combination with NorthStar Earth & Space on September 30, 2026, subject to the satisfaction of customary closing conditions.
Investor Pointe has appointed Juan Manrique as Chief Innovation Officer, adding a technology entrepreneur with more than 20 years of experience across technology, data, product, and marketing as the private markets technology provider expands its use of agentic AI.
Waverly Advisors has acquired Heartwood Wealth Advisors, a Richmond, Virginia-based wealth management firm with approximately $1.7 billion in assets under management, expanding Waverly's presence in Virginia and adding a team focused on high-net-worth individuals, families, and business owners.
Axe Compute has received more than $184 million in customer prepayments and signed over $266 million in new AI infrastructure contracts since reporting its second-quarter results on August 17, 2026.
General Compute has entered into a multi-year agreement with Cerebras Systems to deploy Cerebras' ultra-fast AI inference technology at scale, initially targeting agentic coding and autonomous software development workloads.
The Illinois Advanced Research Center at Singapore has received a four-year, S$10 million grant from Singapore's National Research Foundation to develop AI-powered agricultural digital twins to improve food security and climate resilience in Singapore and across Southeast Asia.
DeepInfra has surpassed $100 million in annual recurring revenue, reflecting rapidly growing demand for the infrastructure that runs artificial intelligence applications at production scale. The company said revenue has increased by more than 900% since the beginning of 2026, while its infrastructure is now processing 22 trillion tokens per week, more than triple its volume in May.
Toast has launched Toast Fuel, a new set of capabilities for fuel operators and convenience stores that brings fuel payments, in-store retail, and foodservice onto a single cloud-native platform. Operators can manage fuel transactions at the pump and in-store alongside retail and restaurant-style operations through Toast's platform.
Domino Data Lab and EPAM Systems have formed a strategic partnership focused on helping pharmaceutical and life sciences companies move artificial intelligence projects from experimental environments into validated production. The collaboration combines Domino's enterprise AI platform with EPAM's engineering and life sciences expertise to help customers deploy GxP-validated AI models and governed analytics across research and development.
Oklahoma State University has appointed Jeff Starling as Executive Director of the Hamm Institute for American Energy, bringing an executive with experience across energy, law, public service, and organizational leadership to the Oklahoma City-based institute.
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