Archives

SK Hynix Targets $29 Billion U.S. ADR Listing As AI Demand Surges

By Amit Chowdhry ● Jun 24, 2026

SK Hynix said it plans to raise up to $29.4 billion through a U.S. stock market listing as investor demand for AI-related stocks continues to surge, according to Reuters. The South Korean memory chipmaker plans to list American Depositary Receipts on Nasdaq.

Apilex Surpasses $8 Million ARR Nine Months After Launch

By Amit Chowdhry ● Jun 24, 2026

Apilex.ai announced that it has surpassed $8 million in annual recurring revenue in its ninth month since launch.

Perplexity Launches Computer For Counsel For Legal Teams

By Amit Chowdhry ● Jun 24, 2026

Perplexity announced the launch of Computer for Counsel, a new AI product designed for lawyers and legal teams. Computer for Counsel connects the research databases, document repositories, contract tools, and matter-management systems lawyers use every day to Perplexity Computer.

Agility Robotics To Go Public Through $2.5 Billion Merger With Churchill Capital XI

By Amit Chowdhry ● Jun 24, 2026

Agility Robotics announced that it has entered into a definitive business combination agreement with Churchill Capital Corp XI. The transaction values Agility at a pre-money equity value of $2.5 billion.

Prologis Proposes £12.6 Billion All-Share Combination With SEGRO

By Amit Chowdhry ● Jun 24, 2026

Prologis announced that it sent a letter to the Board of SEGRO setting out the terms of an indicative all-share proposal to acquire SEGRO. SEGRO’s Board rejected the proposal on June 23, 2026.

Qualcomm To Acquire Modular To Expand AI Software Platform

By Amit Chowdhry ● Jun 24, 2026

Qualcomm announced that it has entered into an agreement to acquire Modular, an AI software infrastructure company. The acquisition is intended to strengthen Qualcomm Technologies’ software foundation for generative AI and agentic AI across data center and edge environments. Financial terms of the transaction were not disclosed.

Andromeda Robotics: Interview With Founder & CEO Grace Brown About The Humanoid Companion Company

By Amit Chowdhry ● Jun 24, 2026

Canyon Partners Closes €400 Million European CLO

By Amit Chowdhry ● Jun 24, 2026

Canyon Partners announced the closing of Canyon Euro CLO 2026-1, a €400 million European collateralized loan obligation. The deal brings Canyon’s European CLO platform assets under management to more than €2.1 billion.

Versework Raises $2.7 Million And Joins Roblox Incubator

By Amit Chowdhry ● Jun 24, 2026

Versework announced that it has been selected for the official Roblox Incubator 2026 and has raised $2.7 million from Altos Ventures. The investment brings Versework’s total funding to about $7.5 million. Versework is a South Korea-based Roblox user-generated content game developer and accelerator.

OpenAI And Broadcom Unveil Jalapeño Inference Chip For LLMs

By Amit Chowdhry ● Jun 24, 2026

OpenAI and Broadcom announced the unveiling of Jalapeño, OpenAI’s first Intelligence Processor. Jalapeño is an AI accelerator designed for large language model inference and is the first chip in a multi-generation compute platform being developed by OpenAI and Broadcom.

Anthropic Introduces Claude Tag For Team Collaboration

By Amit Chowdhry ● Jun 24, 2026

Anthropic announced the beta launch of Claude Tag, a new way for teams to work with Claude directly in Slack. Claude Tag allows teams to add Claude to selected Slack channels, grant it access to approved tools, data, and codebases, and tag @Claude to delegate tasks.

Juniper Capital Management Invests In Bug ID

By Amit Chowdhry ● Jun 24, 2026

Juniper Capital Management announced a partnership with Bug ID, an audiovisual systems design and integration firm based in the San Francisco Bay Area.

Owaves Names Jason Knapp Chief Product And AI Officer

By Amit Chowdhry ● Jun 24, 2026

Owaves announced that Jason Knapp has joined the company as Chief Product and AI Officer. Owaves is a circadian-health company behind BodyClock AI, a platform for precision lifestyle medicine.

Bass Pro Shops To Acquire Historic Cheeca Lodge & Spa In Florida Keys

By Amit Chowdhry ● Jun 24, 2026

Bass Pro Shops announced that it has agreed to acquire Cheeca Lodge & Spa, a historic oceanfront resort in Islamorada, Florida. Financial terms of the deal were not disclosed.

DUOS Acquires Linkwell Health To Strengthen Health Plan Performance Infrastructure

By Amit Chowdhry ● Jun 24, 2026

DUOS announced that it has acquired Linkwell Health, a move that strengthens the company’s platform for helping health plans improve member outcomes.

GMS Acquires Central Materials To Expand South Texas Cladding Products Presence

By Amit Chowdhry ● Jun 24, 2026

GMS announced that it has acquired the assets of Central Materials, a distributor of stucco, EIFS, stone, masonry, and related cladding products.

AutoNation Acquires Three Premium Luxury Dealerships In California

By Amit Chowdhry ● Jun 24, 2026

AutoNation announced that it has acquired three premium luxury dealerships in the San Francisco Bay Area. The acquired stores are Audi Fremont, Mercedes-Benz of Fremont, and Porsche Fremont. The acquisition became effective on June 22, 2026.

Fortitude And HeartSciences Announce Business Combination

By Amit Chowdhry ● Jun 24, 2026

Fortitude Mining Holdings and HeartSciences announced that they have entered into a definitive merger agreement to combine in an all-stock transaction.

Seven Seven Six Acquires ONIT To Expand College Sports Trading Card Platform

By Amit Chowdhry ● Jun 24, 2026

Seven Seven Six, the venture capital firm founded by Reddit co-founder Alexis Ohanian, has acquired ONIT, an officially licensed college sports trading card company.

NORBIT Acquires Water Linked To Expand Underwater Technology Offering

By Amit Chowdhry ● Jun 24, 2026

NORBIT announced that it has signed an agreement to acquire 100% of the shares in Water Linked, a Trondheim-based provider of underwater navigation and imaging technology.

Barings Acquires Build-To-Rent Project In Tumba, Sweden

By Amit Chowdhry ● Jun 24, 2026

Barings announced that it has acquired a build-to-rent residential project in Tumba, Sweden, on behalf of a European value-add real estate strategy.

TRIMTECH Therapeutics Raises $47 Million Seed Funding To Advance Targeted Protein Degradation Portfolio

By Amit Chowdhry ● Jun 24, 2026

TRIMTECH Therapeutics announced that it has raised an additional $14 million in seed funding, bringing the total round to $47 million.

Bridge Logistics Properties Acquires Twinwood Distribution Center III In Texas

By Amit Chowdhry ● Jun 24, 2026

Bridge Logistics Properties announced that it has acquired Twinwood Distribution Center III, a 767,520-square-foot Class A distribution facility in Brookshire, Texas. The property is located at 2193 Discovery Hills Parkway in the West Houston submarket.