Archives

Gentrack: NZ$24 Million Acquisition Of Factor Expands AI-Powered Pricing Intelligence In g2 Platform

By Amit Chowdhry ● May 17, 2026

Gentrack announced it has completed the acquisition of Factor, embedding AI-powered pricing intelligence capabilities into its g2 utilities platform as the company expands its offering for global energy retailers.

Monaco: $50 Million Series B Raised For AI-Powered Sales Platform Expansion

By Amit Chowdhry ● May 17, 2026

Monaco announced that it has raised $50 million in Series B funding as the company looks to expand its AI-powered sales platform following strong customer demand during its public beta phase. The funding round was led by Benchmark and came only months after Monaco emerged from stealth mode in February 2026. Existing investors Founders Fund and Human Capital also participated in the financing round. With the new investment, Monaco said its total funding now exceeds $85 million.

IBM: New Forward Deployed Units Model Aims To Accelerate Enterprise AI Deployment

By Amit Chowdhry ● May 17, 2026

IBM announced the launch of a new AI delivery model called Forward Deployed Units (FDUs), which the company says is designed to help enterprises move artificial intelligence initiatives from experimentation into large-scale production environments faster and more efficiently.

SpaceX: 5-For-1 Stock Split Reportedly Approved Ahead Of Expected IPO

By Amit Chowdhry ● May 17, 2026

SpaceX shareholders have approved a 5-for-1 stock split as the Elon Musk-led aerospace and satellite company moves closer to what could become one of the most highly anticipated initial public offerings in recent years. The decision, first reported by Bloomberg and confirmed by sources familiar with the matter, marks another major milestone for the private company as investor attention surrounding a potential public listing intensifies.

OpenAI: New Personal Finance Experience In ChatGPT Lets Pro Users Connect Financial Accounts And Get Money Insights

By Amit Chowdhry ● May 17, 2026

OpenAI announced a preview of a new personal finance experience in ChatGPT for Pro users in the U.S., enabling users to securely connect financial accounts, view spending dashboards, and ask questions grounded in their financial data and personal goals.

Prudential: $389 Million Bharti Life Stake Acquisition To Expand India Insurance Presence

By Amit Chowdhry ● May 17, 2026

Prudential announced it has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management as part of a strategic repositioning of its India operations. The transaction, which remains subject to regulatory approvals and other closing conditions, involves an initial cash consideration of ₹3,500 crore, approximately $389 million.

Santa Clara University: $175 Million Gift Launches Mark & Mary Stevens School Of Medicine

By Amit Chowdhry ● May 17, 2026

Sutter Health and Santa Clara University announced the launch of the Mark & Mary Stevens School of Medicine, which will become the first new medical school established in California’s San Francisco Bay Area in more than a century. The school is being funded in part through a $175 million gift from Santa Clara University alumna Mary (Mathews) Stevens and her husband, venture capitalist Mark Stevens.

Publicis: $2.2 Billion Acquisition Of LiveRamp To Accelerate AI Data Co-Creation And Smarter Agents

By Amit Chowdhry ● May 17, 2026

Publicis Groupe announced it has entered into an agreement to acquire LiveRamp in an all-cash transaction valued at approximately $2.2 billion in enterprise value, as the advertising and technology giant accelerates its push into AI-driven data co-creation and agentic business transformation.

Meta: Neural Handwriting, Display Recording, Live Captions, Expanded Navigation And Developer Tools Roll Out On Ray-Ban Display

By Amit Chowdhry ● May 17, 2026

Meta Platforms has unveiled a major software update for its Meta Ray-Ban Display smart glasses, marking six months since the launch of what the company describes as its “most advanced AI glasses ever built.” The update introduces a series of new consumer- and developer-focused capabilities as Meta continues to push deeper into wearable computing and AI-powered hardware.

Assertio: $166.4 Million Acquisition By Zydus Worldwide DMCC Announced

By Amit Chowdhry ● May 17, 2026

Assertio Holdings announced that it has entered into a definitive agreement to be acquired by Zydus Worldwide DMCC, a subsidiary of Zydus Lifesciences Limited, in an all-cash transaction valued at approximately $166.4 million.

OpenAI Reportedly Acquires Voice-Cloning Startup Weights.gg

By Amit Chowdhry ● May 17, 2026

OpenAI has reportedly acquired AI voice-cloning startup Weights.gg, a company known for tools that allowed users to create and share synthetic voices modeled after celebrities, musicians, fictional characters, and political figures, according to The New York Times. The acquisition included the startup’s intellectual property and a small team of employees, although financial terms were not disclosed.

Fasset: $51 Million Series B Raised To Expand AI-Enabled Financial Infrastructure Network

By Amit Chowdhry ● May 17, 2026

Fasset announced that it has raised a $51 million Series B funding round with participation from SBI Group, Investcorp, Arz Portföy, and several additional strategic partners.

OpenAI Partners With Malta To Provide Free AI Access For Citizens

By Amit Chowdhry ● May 16, 2026

OpenAI and the Government of Malta announced a partnership to provide ChatGPT Plus access to all Maltese citizens through a new national initiative focused on AI literacy and practical skills development.

Ty J. Young Wealth Management Expands Retirement Planning Footprint

By Amit Chowdhry ● May 16, 2026

Ty J. Young Wealth Management announced the acquisition of Moore Insurance Services, continuing the firm’s national expansion strategy and broadening its presence in the Southeast retirement and insurance planning market.

Faraday Future: $25 Million Financing Supports Robotics Expansion And AI-First Strategy

By Amit Chowdhry ● May 16, 2026

Faraday Future Intelligent Electric, the California-based embodied AI ecosystem company, announced that it has secured $25 million in new financing through a Securities Purchase Agreement with investors. The financing brings the company’s total capital raised over the past two months to $70 million, following a previously announced $45 million financing in April.

Balefire Wealth: Retirement Plan Specialist Sarah Schmitz Joins As Senior Corporate Solutions Advisor

By Amit Chowdhry ● May 16, 2026

Balefire Wealth announced the addition of Sarah Schmitz as Senior Corporate Solutions Advisor, bringing more than 25 years of experience in retirement plan consulting and employee benefits to the firm’s growing national platform.