Pulse 2.0

NVIDIA Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs And KKR To Mobilize Over $500 Billion For AI Infrastructure

Whatnot Raises $545 Million Series G At $20 Billion Valuation To Expand Live Shopping Platform And AI Tools

Grotto AI: Interview With Co-Founder And CEO Nick Deveau About AI Coaching For Multifamily Leasing Teams

Unthread: Interview With Founder Tom Bachant About Conversational Ticketing And AI-Powered Support Automation

Planet Green Enters Lactoferrin Market As China Demand Is Expected To Exceed $100 Million By 2030

Senmiao Proposes $5 Million Investment For 51% Stake In Energence Utah As Data Center Campus Targets 1.2 GW Of Firm Capacity

By Amit Chowdhry ● Yesterday at 9:43 PM

Senmiao Technology has entered into a non-binding letter of intent for a proposed strategic partnership involving Energence Utah, a planned digital infrastructure campus in Duchesne County, Utah, as the Nasdaq-listed company seeks to transition toward AI and data center infrastructure.

National Energy Services Reunited: Net Debt Falls To $99.6 Million As Operating Cash Flow Surges 467%

By Amit Chowdhry ● Yesterday at 9:34 PM

National Energy Services Reunited reduced net debt to $99.6 million during the second quarter of 2026 as operating cash flow surged 466.6% year-over-year to $174 million amid record activity across its Middle East and North Africa oilfield services platform.

Traeger: Project Gravity Targets $50 Million Of Value Capture As Cash Rises To $59.7 Million And Inventory Falls

By Amit Chowdhry ● Yesterday at 9:33 PM

Traeger's Project Gravity restructuring is expected to generate approximately $50 million of value capture during fiscal 2026 as the grill maker sharply improves cash generation and reduces inventory despite continued pressure on revenue.

Ceva: NeuPro-M Wins Next-Generation Custom AI Silicon Deal As Licensing Revenue Hits Three-Year High

By Amit Chowdhry ● Yesterday at 9:31 PM

Ceva secured a major artificial intelligence licensing win during the second quarter of 2026 as a leading global AI and computing platform company selected its NeuPro-M neural processing unit IP for next-generation custom AI silicon.

Under Armour: Gross Margin Jumps 590 Basis Points As $305 Million Restructuring Nears Completion

By Amit Chowdhry ● Yesterday at 9:31 PM

Under Armour's gross margin expanded 590 basis points to 54.1% during its fiscal first quarter of 2027 as tariff-cost refunds provided a major benefit while the sportswear company moves toward completing a restructuring program expected to cost approximately $305 million.

Yelp: Other Revenue Jumps 98% To Record $33 Million As Content Powers ChatGPT And AI Partners

By Amit Chowdhry ● Yesterday at 9:30 PM

Yelp's Other revenue nearly doubled during the second quarter of 2026, increasing 98% year-over-year to a record $33 million as the company expands beyond its traditional advertising business and pushes deeper into AI-powered local discovery.

Zimmer Biomet: $1 Billion Buyback Target Expands As Next-Generation ROSA Shoulder Begins First Procedures

By Amit Chowdhry ● Yesterday at 9:30 PM

Zimmer Biomet increased its fiscal 2026 share repurchase expectations to as much as $1 billion as the MedTech company begins the commercial rollout of its next-generation ROSA Shoulder robotic system.

ResMed: Shareholder Returns Target More Than $1.85 Billion After Free Cash Flow Reaches $1.65 Billion

By Amit Chowdhry ● Yesterday at 9:29 PM

ResMed plans to return more than $1.85 billion to shareholders through dividends and share repurchases during fiscal 2027 after generating $1.65 billion of free cash flow in fiscal 2026.

Clear Secure: eGates Reach 50 Airports As Membership Jumps 30% To 43.5 Million

By Amit Chowdhry ● Yesterday at 9:29 PM

Clear Secure expanded its biometric identity infrastructure to 50 airports through its eGate rollout during the second quarter of 2026 as total CLEAR membership increased 30% year-over-year to 43.5 million.

Talkspace: Payor Revenue Jumps 27% As Health Plan Customers Grow 26% Ahead Of UHS Acquisition

By Amit Chowdhry ● Yesterday at 9:28 PM

Talkspace's Payor business continued to become a larger driver of its virtual behavioral healthcare platform during the second quarter of 2026, with Payor revenue increasing 27.1% to $51.5 million as the number of health plan customers increased 25.8%.

Rakuten: Advertising Revenue Jumps 15.6% To ¥65.6 Billion As AI-Powered Search Drives Growth

By Amit Chowdhry ● Yesterday at 9:27 PM

Rakuten Group's advertising business generated ¥65.6 billion in revenue during the second quarter of fiscal 2026, up 15.6% year-over-year as AI-powered search and targeted advertising drive monetization across the company's digital ecosystem.

Seadrill: Backlog Reaches $2.9 Billion As Average Dayrate Rises To $360,000 And Gulf Contract Adds $161 Million

By Amit Chowdhry ● Yesterday at 9:26 PM

Seadrill's contract backlog reached approximately $2.9 billion as of August 10 as strengthening offshore drilling demand lifted average contractual dayrates and generated additional long-term contract coverage for its high-specification fleet.

CF Industries: $1.3 Billion CapEx Plan Advances Blue Point One As 400,000-Ton DEF Expansion Enters FEED

By Amit Chowdhry ● Yesterday at 9:26 PM

CF Industries expects approximately $1.3 billion of capital expenditures during 2026 as construction begins on its Blue Point One low-carbon ammonia project and the company studies another expansion capable of adding more than 400,000 tons of annual diesel exhaust fluid capacity.

Paysign: Patient Affordability Revenue Surges 89% As Active Programs Target Up To 170 By Q3

By Amit Chowdhry ● Yesterday at 9:25 PM

Paysign's pharmaceutical patient affordability business nearly doubled during the second quarter of 2026, with pharma revenue increasing 88.9% to $14.65 million as the fintech healthcare company rapidly expanded the number of patient support programs operating on its platform.

Ginkgo Bioworks: 100+ Robots Run Experiments Around The Clock As $47 Million Autonomous Lab Build Advances

By Amit Chowdhry ● Yesterday at 9:24 PM

Ginkgo Bioworks is scaling its autonomous laboratory infrastructure as more than 100 robots at its Nebula facility run experiments around the clock and the company advances a $47 million autonomous laboratory project for the Environmental Molecular Sciences Laboratory at Pacific Northwest National Laboratory.

Vir Biotechnology: Astellas Deal Pushes Cash Above $1 Billion And Extends Runway Into Second Half Of 2028

By Amit Chowdhry ● Yesterday at 9:23 PM

Vir Biotechnology's cash, cash equivalents, and investments increased to approximately $1.01 billion during the second quarter of 2026 following the closing of its global strategic collaboration with Astellas, extending the biotechnology company's expected operating runway into the second half of 2028.

Inspired Entertainment: Playtech SaaS Rollout Begins As Interactive Revenue Grows 15% And Digital Expansion Accelerates

By Amit Chowdhry ● Yesterday at 9:22 PM

Inspired Entertainment has begun rolling out its Virtual Sports content through a SaaS agreement with Playtech as the company's Interactive business continues gaining market share and shifting its revenue mix toward higher-margin digital operations.

Veeco: AI Demand Drives Robust Orders As Manufacturing Expansion Extends Visibility Into 2027

By Amit Chowdhry ● Yesterday at 9:09 PM

Veeco Instruments is seeing artificial intelligence demand translate into stronger semiconductor equipment orders and deeper customer engagement, giving management increased visibility into 2027 as the company expands manufacturing capacity.

Cytek Biosciences: Recurring Revenue Reaches 35% Of Sales As Installed Base Approaches 4,000 Instruments

By Amit Chowdhry ● Yesterday at 9:08 PM

Cytek Biosciences' recurring revenue is becoming a larger part of its business as its global installed base approaches 4,000 instruments and the company expands its service and reagent offerings alongside new cell-analysis platforms.

Teknova: Build-Tek AI Configures Complex Custom Reagents In Minutes As Biotech Manufacturing Platform Expands

By Amit Chowdhry ● Yesterday at 9:07 PM

Teknova has launched Build-Tek, an AI-powered custom product configurator designed to allow therapeutic and diagnostic developers to create complex custom reagent requests within minutes and move more quickly from preclinical research toward clinical manufacturing.

Lyell Immunopharma: Ronde-Cel Manufacturing Success Reaches 97% As Safety Data Supports Outpatient CAR-T

By Amit Chowdhry ● Yesterday at 8:56 PM

Lyell Immunopharma reported a 97% manufacturing success rate for its ronde-cel CAR-T therapy as safety data from more than 100 lymphoma patients supported the potential for treatment to be administered in an outpatient setting.

Exponent Closes Approximately €750 Million Continuation Vehicle For H&MV At €1.4 Billion Valuation

By Amit Chowdhry ● Yesterday at 8:16 PM

Exponent has closed an approximately €750 million single-asset continuation vehicle to extend its investment in H&MV Engineering, valuing the Ireland-headquartered infrastructure engineering company at €1.4 billion. The oversubscribed continuation vehicle is led by Apollo S3, Pantheon and SQ Capital and is backed by a group of new and existing institutional investors.

Murphy USA: RIN Revenue More Than Doubles To $124.8 Million As Fuel Contribution Jumps 32%

By Amit Chowdhry ● Yesterday at 8:14 PM

Murphy USA's revenue from renewable identification numbers more than doubled during the second quarter of 2026 to $124.8 million from $59.8 million as stronger fuel margins and higher volumes drove a 32% increase in total fuel contribution.

Team8 Raises $365 Million For AI-Native Enterprise Investments As AUM Nears $2 Billion

By Amit Chowdhry ● Yesterday at 8:11 PM

Team8 has raised $365 million in new capital to invest in the next generation of AI-native enterprise companies, bringing the venture firm's total assets under management to nearly $2 billion across eight funds. The new capital includes $265 million for Team8 Capital's third fund and more than $100 million reserved for follow-on investments in portfolio companies where the firm has the highest conviction.

ZipRecruiter: $294.6 Million Debt Repurchase At $65 Million Discount Drives Major Balance-Sheet Reset

By Amit Chowdhry ● Yesterday at 8:09 PM

ZipRecruiter repurchased $294.6 million of senior unsecured notes during the second quarter of 2026 at a $65 million discount to par value, significantly reducing its debt burden while preserving liquidity as the employment marketplace increases its use of artificial intelligence.

Legio Raises $5 Million Seed Round From Klass Capital To Modernize Campus Public Safety

By Amit Chowdhry ● Yesterday at 7:33 PM

Legio has raised $5 million in seed funding from Klass Capital to build an AI-native safety and security operations platform designed specifically for colleges and universities.

Epicrispr Biotechnologies Raises $90 Million Series C To Advance Epigenetic Therapy EPI-321

By Amit Chowdhry ● Yesterday at 7:31 PM

Epicrispr Biotechnologies has closed an oversubscribed $90 million Series C financing to advance EPI-321 toward pivotal clinical development for facioscapulohumeral muscular dystrophy, or FSHD.

Infinimmune Raises $75 Million Series A To Advance Human-Derived Antibody Pipeline

By Amit Chowdhry ● Yesterday at 7:22 PM

Infinimmune has raised $75 million in Series A financing to advance a pipeline of fully human antibody therapeutics for atopic dermatitis and other inflammatory diseases. The round was co-led by Regeneron Ventures and Playground Global, with participation from RA Capital Management, Goldcrest Capital, Forge Life Science Partners, Godfrey Capital and Wild Tree Ventures. Existing investors Merck Global Health Innovation Fund, Everbright Biofund, Civilization Ventures and Pear VC also participated.

Versa Vascular Expands Series C To $42 Million And Appoints Bill Shields As CEO

By Amit Chowdhry ● Yesterday at 7:21 PM

Versa Vascular has expanded its Series C financing to $42 million and appointed longtime Medtronic structural heart executive Bill Shields as chief executive officer.

Omega Ophthalmics Raises $7 Million Series A To Advance Gemini Refractive Capsule Toward FDA Approval

By Amit Chowdhry ● Yesterday at 7:19 PM

Omega Ophthalmics has raised $7 million in Series A financing to advance its Gemini Refractive Capsule, a next-generation implant technology designed for cataract surgery. The round was led by a group of strategically aligned ultra-high-net-worth investors.