Archives

Brain Corp And UC San Diego Announce The Advancing Foundational Intelligence Layer For Physical AI

By Amit Chowdhry ● May 24, 2026

Brain Corp announced an expanded research collaboration with the University of California San Diego aimed at advancing semantic mapping and contextual intelligence technologies for autonomous robots operating in complex commercial and industrial environments.

LinkedIn: Matt Derella Expands Leadership Across LinkedIn Ads And Microsoft Advertising

By Amit Chowdhry ● May 24, 2026

LinkedIn announced that Matt Derella is expanding his leadership responsibilities across LinkedIn Ads and Microsoft Advertising, a move that further aligns the advertising businesses of both companies while maintaining their distinct operations.

August Robotics: $30 Million Raised For Autonomous Construction Robotics

By Amit Chowdhry ● May 24, 2026

August Robotics announced it has raised a $30 million Series B financing round led by Big Pi Ventures, with continued backing from Blackbird Ventures, Skip Capital, Tanarra Capital, and Future Family Office Pty Ltd, alongside new investor GS Futures.

Arizona State University: Data Centers Can Raise Nearby Temperatures By Up To 4 Degrees, Study Finds

By Amit Chowdhry ● May 24, 2026

Heat pollution from data centers can increase air temperatures in nearby downwind neighborhoods by as much as 4 degrees Fahrenheit, according to a new study conducted by researchers at Arizona State University in the Phoenix metropolitan area.

Modal Labs: $355 Million Raised At $4.65 Billion Valuation For AI Infrastructure Platform

By Amit Chowdhry ● May 24, 2026

Modal Labs has raised $355 million in a Series C funding round that values the company at $4.65 billion, according to Reuters. The funding round was led by Redpoint Ventures and General Catalyst, with participation from Accel and Menlo Ventures, according to Reuters.

Dentons: 13 New Partners And 42 Counsel Promotions Announced Across Europe And Central Asia

By Amit Chowdhry ● May 24, 2026

Global law firm Dentons announced its 2026 promotion round for Europe and Central Asia, elevating 13 lawyers to partner, six to Senior Counsel, six to Managing Counsel, and 30 to Counsel positions across the region.

Cyera Acquiring Genie Security In Reported $50 Million Deal

By Amit Chowdhry ● May 24, 2026

Cybersecurity company Cyera has acquired Israeli startup Genie Security in a deal estimated at $50 million, according to CTech. The acquisition comes just five months after Genie Security was founded, highlighting the rapid pace of consolidation in the cybersecurity market.

Zama Buying TokenOps To Bring Confidential Token Distributions, Airdrops, And Vesting To Public Blockchains

By Amit Chowdhry ● May 24, 2026

Zama announced it has acquired TokenOps in a deal designed to bring confidential and fully compliant token distributions, airdrops, and vesting to public blockchains using Fully Homomorphic Encryption (FHE).

Coupa Buying Tonkean To Accelerate Agentic Intake And Orchestration For Global Trade

By Amit Chowdhry ● May 24, 2026

Coupa announced it is acquiring Tonkean, an AI-native intake and orchestration platform, in a move designed to accelerate autonomous workflow automation and agentic trade capabilities across Coupa’s global network of buyers and suppliers.

Zscaler To Acquire Symmetry Systems For AI Agent Governance

By Amit Chowdhry ● May 24, 2026

Zscaler announced plans to acquire Symmetry Systems, a company focused on identity mapping and data access for AI security. The acquisition is designed to strengthen Zscaler’s Zero Trust platform with foundational visibility into how AI agents, applications, identities, and enterprise data interact across organizations.

Gladstone Commercial: $22.75 Million Newport News Industrial Property Acquisition Announced

By Amit Chowdhry ● May 24, 2026

Gladstone Commercial announced the acquisition of a 153,890 square foot industrial property in Newport News, Virginia, for $22.75 million, expanding the company’s industrial real estate portfolio with a mission-critical asset leased to a subsidiary of Huntington Ingalls Industries (HII), the largest shipbuilder in the United States.

Dentons: Aishwarya Samanta Joins Banking And Finance Practice As Associate Partner

By Amit Chowdhry ● May 24, 2026

Dentons Link Legal announced that Aishwarya Samanta has joined the firm as an Associate Partner in its Banking & Finance and Projects practice based in the Delhi office.

LEIFRAS Acquires Tokai Sports To Expands Market Share

By Amit Chowdhry ● May 24, 2026

LEIFRAS, a youth sports and community engagement company, announced it has entered into a Stock Transfer Agreement to acquire 100% of Tokai Sports Co., Ltd., a long-established Japanese sports school operator with a 40-year history. The acquisition is expected to close on June 1, 2026, at which point Tokai Sports will become a wholly owned subsidiary of LEIFRAS.

Tallvine Partners: Marine Infrastructure Platform Expands With Lind Marine Acquisition

By Amit Chowdhry ● May 24, 2026

Tallvine Partners announced the acquisition of Lind Marine, LLC, expanding its North American marine infrastructure platform to the West Coast. The deal marks Tallvine’s second acquisition in the sector following its September 2025 acquisition of Donjon Marine, LLC. Financial terms of the transaction were not disclosed.

Arbor Alliance: Texas Expansion Accelerates With Thornton’s Tree Service Acquisition

By Amit Chowdhry ● May 24, 2026

Arbor Alliance, a leading provider of tree care services headquartered in Atlanta, announced the acquisition of Thornton’s Tree Service, expanding the company’s presence across Texas and strengthening its coverage throughout Central Texas.

Marquee Brands: Majority Stake In Roberto Cavalli Through DAMAC Partnership

By Amit Chowdhry ● May 24, 2026

Marquee Brands announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with DAMAC Group, the Dubai-based global conglomerate and luxury real estate developer. The transaction is expected to close in the second quarter of 2026, with DAMAC remaining a significant shareholder following completion of the deal.

Gilead Sciences: $3.15 Billion Tubulis Acquisition Completed To Strengthen Oncology And ADC Portfolio

By Amit Chowdhry ● May 24, 2026

Gilead Sciences announced the completion of its previously announced acquisition of Tubulis GmbH, a Germany-based clinical-stage biotechnology company focused on developing next-generation antibody-drug conjugates (ADCs). The deal expands Gilead’s oncology portfolio with new ADC assets and platform technologies designed to improve targeted cancer treatment.

Anthropic: Nearly $45 Billion Computing Deal With SpaceX To Power Claude AI

By Amit Chowdhry ● May 24, 2026

Anthropic has agreed to pay SpaceX nearly $45 billion over the next three years as part of a major computing infrastructure agreement designed to support the rapid expansion of its Claude artificial intelligence platform. The deal was disclosed in regulatory filings tied to SpaceX’s initial public offering and highlights the escalating race among AI companies to secure large-scale compute capacity.

IBM And U.S. Department Of Commerce Announce $1 Billion CHIPS Award To Support America’s First Quantum Foundry

By Amit Chowdhry ● May 24, 2026

IBM announced that it has signed a Letter of Intent with the U.S. Department of Commerce to establish America’s first purpose-built quantum chip foundry through a new standalone company called Anderon. The initiative is backed by a proposed $1 billion CHIPS incentive award from the Department of Commerce and an additional $1 billion cash contribution from IBM, along with intellectual property, assets, and workforce support.

Exa Raises $250 Million In Series C Funding For AI Search Infrastructure In Series C Round

By Amit Chowdhry ● May 24, 2026

Exa, an AI-native search infrastructure company building search tools for AI agents and applications, announced a $250 million Series C funding round at a reported $2.2 billion valuation. The round was led by Andreessen Horowitz as the company accelerates development of search systems designed specifically for AI workloads rather than traditional human web browsing.

Expedia: CarTrawler Acquisition Expands B2B Travel Platform Strategy

By Amit Chowdhry ● May 24, 2026

Expedia Group announced that it has entered into an agreement to acquire Ireland-based CarTrawler, a B2B platform specializing in car rental, ground transport, and Insurtech solutions for the global travel industry. The acquisition advances Expedia Group’s strategy of building a more comprehensive B2B travel platform by expanding beyond lodging and activities into mobility services.

Stellantis: €60 Billion Strategic Plan Aims To Accelerate Growth And Profit

By Amit Chowdhry ● May 24, 2026

Stellantis announced FaSTLAne 2030, a €60 billion five-year strategic plan designed to accelerate profitable growth through a sharper focus on brand management, technology investment, manufacturing optimization, and regional empowerment.

HarbourView Equity Partners: Investment In Stefflon Don’s Music Catalog

By Amit Chowdhry ● May 24, 2026

HarbourView Equity Partners announced a new investment in the catalog of global recording artist Stefflon Don, expanding the firm’s music portfolio focused on culturally influential artists across hip-hop, dancehall, and global music markets.

Optimi Health: $15 Million Public Offering Closed For Nasdaq Listing

By Amit Chowdhry ● May 24, 2026

Optimi Health announced the closing of its oversubscribed US$15 million underwritten public offering in connection with the uplisting of its common shares to the Nasdaq Capital Market. The company’s shares began trading on Nasdaq under the ticker symbol “OPTH” on May 20, 2026.

L.B. Foster Announces Executive Leadership Promotions

By Amit Chowdhry ● May 24, 2026

L.B. Foster Company announced the promotion of three executives to senior leadership roles, with the appointments becoming effective on June 1, 2026.

Motorola Solutions: AI And Resilience Software Hub Opens In Boston

By Amit Chowdhry ● May 24, 2026

Motorola Solutions, a provider of mission-critical communications and safety technology solutions, announced the opening of a new AI and resilience software hub in Boston, Massachusetts. The new facility will serve as a key research and development center focused on applied AI and cloud-based mission-critical software designed to support emergency coordination and collaboration between enterprises and first responders.

Maryland Stem Cell Research Commission: $12.6 Million Awarded To Advance Regenerative Medicine Research

By Amit Chowdhry ● May 24, 2026

The Maryland Stem Cell Research Commission announced 38 new awards totaling more than $12.6 million through the Maryland Stem Cell Research Fund (MSCRF) to support stem cell and regenerative medicine research, technology development, commercialization, and clinical advancement across Maryland.

Lockheed Martin: Alabama Missile Plant Expansion To Support THAAD Production Growth

By Amit Chowdhry ● May 24, 2026

Lockheed Martin has broken ground on a new Munitions Production Center in Troy, Alabama, as the defense contractor ramps up missile interceptor manufacturing capacity for the United States and allied nations.

Perpetua Resources: $2.9 Billion EXIM Loan Approved For Stibnite Gold Project Development

By Amit Chowdhry ● May 24, 2026

Perpetua Resources announced that the Board of the Export-Import Bank of the United States approved a $2.9 billion senior secured long-term loan under the Make More in America Initiative to support development of the Stibnite Gold Project in Idaho. The financing is expected to fully fund the project’s estimated construction capital costs when combined with the company’s existing cash reserves.

CVRD Health: $5 Million Seed Round Raised To Modernize Benefits Compliance For Federal Contractors

By Amit Chowdhry ● May 24, 2026

CVRD Health announced a $5 million seed funding round led by Upfront Ventures, with participation from Waterline Ventures and Distributed Ventures. The company said the funding will support platform development, expansion of its compliance and member advocacy teams, and broader adoption of its benefits management platform among federal government contractors nationwide.