Archives

Guidewire Appoints Alexander Vollert To Board Of Directors

By Amit Chowdhry ● Jul 25, 2026

Guidewire announced the appointment of Dr. Alexander Vollert to its Board of Directors, effective August 1, 2026. Vollert brings experience leading large-scale digital transformation and AI deployment within the insurance industry.

GHIT Fund Invests About JPY 140 Million In Portable Rapid Diagnostic System For Ebola Disease

By Amit Chowdhry ● Jul 25, 2026

The Global Health Innovative Technology Fund announced an investment of approximately JPY 140 million, or roughly USD 862,000, in a project to develop a portable rapid diagnostic system for Ebola disease. The system is being jointly developed by Osaka Metropolitan University, K.K. DNAFORM, and the National Institute for Biomedical Research of the Democratic Republic of the Congo, with the goal of advancing diagnostic technologies for outbreaks caused by the Bundibugyo virus in the Democratic Republic of the Congo and Uganda.

First Choice Healthcare Solutions And Westin Acquisition Announce Business Combination Agreement

By Amit Chowdhry ● Jul 25, 2026

First Choice Healthcare Solutions announced it has entered into a definitive merger agreement with Westin Acquisition Corp, a special purpose acquisition company, in a transaction expected to accelerate First Choice's rebrand to Wellgevity 360, a healthcare and wellness platform focused on longevity, preventative care, and personalized, biology-driven treatment. The transaction values First Choice at a pro forma enterprise value of approximately $650 million.

Liberty Energy And PowerBridge Form Strategic JV To Support Powered Data Center Campus Development

By Amit Chowdhry ● Jul 25, 2026

Liberty Energy Inc. and PowerBridge LLC announced the formation of a strategic joint venture combining PowerBridge's digital campus development assets with the power generation and energy management capabilities of Liberty Power Innovations, a Liberty Energy company. The joint venture's current scope is focused on supporting a planned 2 gigawatt powered data center campus in West Texas, with an eye toward future opportunities across PowerBridge's broader portfolio of gigawatt-scale powered campus developments.

Battery Mineral Resources’ ESI Subsidiary Secures Strategic Financing With JPMorgan Chase

By Amit Chowdhry ● Jul 25, 2026

Battery Mineral Resources announced that its wholly owned subsidiary, ESI Energy Services, operating under the brand Ozzies, has completed a new senior secured financing arrangement with JPMorgan Chase Bank. The financing establishes a new long-term banking relationship for ESI and strengthens its capital structure.

Nona Biosciences Enters Research Collaboration With Medical University Of Vienna

By Amit Chowdhry ● Jul 25, 2026

Nona Biosciences announced a research collaboration with the Medical University of Vienna, granting the inter-university Ignaz Semmelweis Institute access to Nona's proprietary H2L2 Harbour Mice transgenic mouse technology platform to support antibody research for infectious diseases. The H2L2 Harbour Mice platform uses genetically modified mice that produce antibodies with fully human structures following immunization.

Knot Expands Into Canada And Partners With RBC

By Amit Chowdhry ● Jul 25, 2026

Knot, a merchant connectivity platform, announced a partnership with RBC, Canada's largest bank, marking the company's first expansion beyond the United States. Through Knot's CardSwitcher technology, RBC cardholders can set their RBC card as the default saved payment method at their favorite merchants directly from the RBC mobile app, without manually entering card details at each site.

AXT: Jia-Bin Duh Appointed To Board Of Directors

By Amit Chowdhry ● Jul 25, 2026

AXT announced the appointment of Jia-Bin Duh to its Board of Directors, effective July 16, 2026, expanding the board from five to six directors. Duh brings more than 30 years of senior executive and investor experience across the technology and consumer sectors, with deep expertise in Greater China markets.

Gentherm Acquires Innovative Medical Equipment, Strengthening Medical Product Portfolio

By Amit Chowdhry ● Jul 25, 2026

Gentherm announced it has acquired Innovative Medical Equipment, LLC, a Cleveland-area provider of the ThermaZone thermal therapy device, in a move the company said supports its strategy to strengthen its Medical business. ThermaZone is a non-opioid thermal therapy solution designed to support pain management and recovery through controlled hot-and-cold therapy.

Allianz To Acquire HSBC Life Singapore

By Amit Chowdhry ● Jul 25, 2026

Allianz Group announced it has agreed to acquire HSBC Life Singapore through its subsidiary Allianz Asia Holding, alongside a new 15-year exclusive distribution partnership with HSBC Bank Singapore. The combined consideration for both agreements totals 2.0 billion euros, with Allianz expecting a double-digit return on investment in the mid-term. The acquisition is expected to close in the first half of 2027, subject to regulatory approval.

Intel Forecasts Strong Third-Quarter Revenue As AI Infrastructure Demand Drives Growth

By Amit Chowdhry ● Jul 25, 2026

Intel reported second-quarter 2026 revenue of $16.1 billion, up 25% year over year, marking what CEO Lip-Bu Tan called the company's strongest revenue growth in more than fifteen years. The company forecast third-quarter 2026 revenue of $15.8 billion to $16.8 billion, above Wall Street expectations, and raised its 2026 capital expenditure estimate to $20 billion from $18 billion. The improved outlook reflects growing adoption of Intel's data center CPUs by customers building AI infrastructure.

Prairie Operating Co. Announces Appointment Of Jennifer M. Grigsby To Board Of Directors

By Amit Chowdhry ● Jul 25, 2026

Prairie Operating Co. announced the appointment of Jennifer M. Grigsby to its Board of Directors, while Stephen Lee has stepped down from the board to focus on his growing responsibilities at Renewa.

CrowdStrike And Cerebras Partner To Power Falcon AIDR

By Amit Chowdhry ● Jul 25, 2026

CrowdStrike and Cerebras Systems announced a strategic partnership under which CrowdStrike will use Cerebras's inference speed to help power Falcon AI Detection and Response, while Cerebras standardizes on the CrowdStrike Falcon platform to secure its own business.

Prequel Appoints Beauty Industry Leaders Nathalie Kristo As CEO And Toral Patel As CMO

By Amit Chowdhry ● Jul 25, 2026

Prequel Skin, the dermatologist-developed skincare brand founded by board-certified dermatologist Dr. Samantha Ellis, announced the appointment of beauty industry veterans Nathalie Kristo as Chief Executive Officer and Toral Patel as Chief Marketing Officer, forming an all-female leadership team as the brand accelerates into its next phase of growth.

Verizon Signs Deal With Google Worth Over $1 Billion

By Amit Chowdhry ● Jul 25, 2026

Verizon has secured a deal with Google valued at more than $1 billion to provide dark fiber connectivity for the search giant's data centers said CEO Dan Schulman. Schulman disclosed the agreement during Verizon's post-earnings call, following the company's report of record second-quarter 2026 results.

WSP Confirms $56 Billion Non-Binding Proposal To Acquire Arcadis

By Amit Chowdhry ● Jul 25, 2026

WSP Global confirmed it has submitted a revised non-binding indicative proposal to acquire all outstanding shares of Arcadis N.V. for EUR 51.50 per ordinary share, up from an initial EUR 48.50 per share offer submitted on July 1, 2026, which Arcadis rejected on July 14. The offer represents a premium of approximately 45.8 percent over Arcadis' unaffected closing share price on July 22.

Merck Announces Initial Access Plans For Alimatravir, Investigational Once-Monthly Oral HIV Pre-Exposure Prophylaxis

By Amit Chowdhry ● Jul 25, 2026

Merck announced early components of a strategy to provide access in low- and middle-income countries to alimatravir, an investigational once-monthly oral pill being developed as pre-exposure prophylaxis for HIV-1, if approved. The plan includes early generic licensing covering 129 countries, support for regional manufacturing in Africa and Latin America, and early investment in product manufacturing, with the initial steps announced ahead of the 26th International AIDS Conference in Rio de Janeiro.

Anduril In Talks To Raise Funding At Roughly $100 Billion Valuation, Says Report

By Amit Chowdhry ● Jul 24, 2026

Defense technology firm Anduril is reportedly in discussions with investors for a new funding round that could value the company at approximately $100 billion, potentially rivaling defense giants such as Northrop Grumman and Lockheed Martin, according to Reuters. The funding round and the valuations under discussion remain fluid.

Mark Cuban’s Investment Group Purchases Minority Stake In Athletics

By Amit Chowdhry ● Jul 24, 2026

An investment group led by Harbinger Sports Partners, which includes former Dallas Mavericks majority owner Mark Cuban, has purchased a minority stake in the Athletics ahead of the team's planned move to Las Vegas in 2028. The announcement did not disclose the percentage of the team acquired.

American Express Lifts Full-Year Revenue Growth Guidance After Stronger First-Half Performance

By Amit Chowdhry ● Jul 24, 2026

American Express Company reported second-quarter 2026 net income of $3.1 billion, up 8 percent from $2.9 billion a year earlier, with diluted earnings per share of $4.53, an 11 percent increase from $4.08 a year ago. Revenue net of interest expense rose 10 percent year over year to $19.6 billion, driven primarily by higher Card Member spending and increased net interest income supported by growth in card balances, along with strong card fee growth. Billed business increased 9 percent to $455.8 billion.

Kairos Pharma Announces Strategic Collaboration With Bayer To Enhance XOFIGO Activity In Metastatic Prostate Cancer

By Amit Chowdhry ● Jul 24, 2026

Kairos Pharma announced a strategic collaboration with Bayer to evaluate Kairos Pharma's lead antibody ENV-105, a CD105/BMP signaling inhibitor, in combination with Bayer's XOFIGO in metastatic castration-resistant prostate cancer involving bone. The company said the combination targets an addressable global market of $570 million to $1.3 billion.

Nth Cycle To List On NYSE Through Business Combination With Kensington Capital Acquisition Corp. VI

By Amit Chowdhry ● Jul 24, 2026

Nth Cycle, a critical minerals refining company, announced a business combination with Kensington Capital Acquisition Corp. VI that would take the company public on the NYSE, valuing Nth Cycle at an implied enterprise value of $585 million. The deal is expected to close in the fourth quarter of 2026, subject to regulatory and stockholder approvals.

TidalSense Raises £19 Million To Accelerate COPD Diagnostic Technology

By Amit Chowdhry ● Jul 24, 2026

TidalSense announced it has raised £19 million to accelerate the company's team, technology, and its ability to bring N-Tidal Diagnose, its diagnostic test for chronic obstructive pulmonary disease, to more patients. The round was backed by Cross-Border Impact Ventures, BGF, Airstream Capital, and Foresight Group, a group of investors spanning healthcare-focused and growth-stage capital providers.

World Foundation Raises $52.5 Million To Expand World ID Infrastructure

By Amit Chowdhry ● Jul 24, 2026

World Foundation announced it has raised an initial $52.5 million in new funding through a one-year locked token sale to strategic investors. Pantera Capital led the first close, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and other investors. All WLD tokens sold as part of the raise are subject to a 12-month lockup.

AegisAI Raises $36 Million Series A To Fight AI Spear Phishing

By Amit Chowdhry ● Jul 24, 2026

AegisAI, an email security company building its own large language models to defend the inbox, announced a $36 million Series A led by Battery Ventures, with participation from existing investors Accel and Foundation Capital. The round brings the company's total funding to $49 million, less than a year after emerging from stealth. AegisAI will use the funding to scale its fleet of autonomous defense agents, accelerate general availability of Vanguard, its agent that hunts threats beyond the inbox, and expand enterprise go-to-market efforts.

Paper Raises $34 Million Series A To Build Design Platform For The Agentic Era

By Amit Chowdhry ● Jul 24, 2026

Paper, a design platform aimed at the agentic era of software development, announced a $34 million Series A round led by Accel and ICONIQ. Additional participants include Designer Fund, WorkOS co-founder Michael Grinich, Lovable founder Anton Osika, and individual engineers and designers from Anthropic and OpenAI. The company plans to use the funding to accelerate product development, expand its team, and deepen investment in AI-native workflows for designers.

Saudi PIF’s $55 Billion EA Deal Approved Under EU Merger Rules

By Amit Chowdhry ● Jul 24, 2026

A group of investors including Saudi Arabia's Public Investment Fund has secured EU antitrust approval for its $55 billion acquisition of video game developer Electronic Arts, the European Commission announced. Saudi Arabia's $1 trillion wealth fund, alongside Jared Kushner's Affinity Partners and private equity firm Silver Lake, first announced the deal, described as the largest leveraged buyout in history, in September 2025.

Lockheed Martin Lifts 2026 Forecasts As Second Quarter Sales Rise 11%

By Amit Chowdhry ● Jul 24, 2026

Lockheed Martin Corporation reported second quarter 2026 sales of $20.1 billion, an 11 percent increase from $18.2 billion in the second quarter of 2025. Net earnings rose to $1.8 billion, or $7.94 per diluted share, compared to $342 million, or $1.46 per share, in the prior-year quarter, which had included $1.6 billion of program losses and $169 million of other charges. Cash from operations reached $3.2 billion, up from $201 million a year earlier, while free cash flow totaled $2.9 billion, compared to negative $150 million in the second quarter of 2025.

Databricks And Microsoft Expand Partnership To Bring Business Context To Enterprise AI

By Amit Chowdhry ● Jul 24, 2026

Databricks and Microsoft announced an expansion of their decade-long strategic partnership, extending the collaboration into the 2030s. Under the deal, Databricks will deepen its use of Azure Databricks to run its own core business operations and build its unified lakehouse, while Microsoft continues integrating Databricks' Data and AI platform across its products, bringing capabilities like Genie, Databricks' AI co-worker, directly into customer workflows.

Amkor Technology Announces $1.5 Billion Strategic Partnership With NVIDIA

By Amit Chowdhry ● Jul 24, 2026

Amkor Technology announced a multi-year strategic partnership with NVIDIA to develop advanced semiconductor packaging and test technologies for next-generation AI and accelerated computing platforms. Under the agreement, NVIDIA will provide a prepayment to support the expansion of Amkor's U.S. advanced packaging capacity, part of a $1.5 billion multi-year advanced packaging and development agreement.