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IBM reported third-quarter 2026 revenue of $17.1 billion, an increase of 5% year over year and 6% at constant currency, supported by growth in its Software and Infrastructure businesses. The technology company also reported net income from continuing operations of $2.2 billion, up 26% from the prior year, as demand for enterprise software, artificial intelligence capabilities, and infrastructure solutions supported its financial performance.

London Stock Exchange Group (LSEG) has entered into an agreement to acquire Octus, a provider of credit intelligence, data, analytics, and workflow solutions, for $3.535 billion in cash. The acquisition will be made from funds advised by Permira and Octus' management, including founder and CEO Kent Collier.

Nestlé reported third-quarter 2026 sales of CHF 22.76 billion (approximately $27.64 billion), compared with CHF 21.64 billion (approximately $26.28 billion) in the corresponding period of 2025, as stronger underlying sales volumes and continued momentum in emerging markets supported the company's performance.

Micron Technology, a global semiconductor memory and storage manufacturer, has announced a strategic investment in Indium Corporation to expand critical minerals processing and high-purity materials manufacturing in Central New York. The investment is part of Micron's previously announced plan to deploy up to $3 billion to strengthen the U.S. semiconductor supply chain and improve access to essential manufacturing materials.

Software Mind is a global software services company that helps enterprises build and modernize technology across AI, data, cloud, and industry-specific applications. Founded in Kraków in 1999, the company has expanded across the Americas and Europe while evolving from custom software development toward repeatable solutions built on decades of engineering work. Pulse 2.0 interviewed Oliver Ray, CEO and Chief Delivery Officer Americas at Software Mind, to learn more about his background, the company's "service as software" strategy, and how AI is changing what enterprises expect from technology partners. 

Hermès International reported third-quarter 2026 revenue of €4.1 billion, up 5.5% at current exchange rates and 4.3% at constant exchange rates versus the same period in 2025. The French luxury goods company continued to expand despite challenging global economic conditions, supported by strong demand in the Americas and Japan, as well as in its leather goods business.

UCB, a Belgium-based global biopharmaceutical company, has raised its full-year 2026 financial guidance following stronger-than-expected commercial performance from BIMZELX and CIMZIA. The company now expects revenue growth in the low-20% range at constant exchange rates, compared with its previous outlook for growth in the low-to-mid-teens.

Sibelco, a global materials solutions company, has signed a letter of intent with the U.S. Department of Commerce for up to $56 million in proposed funding under the CHIPS and Science Act. The funding would support research, development, and commercialization activities involving next-generation high-purity quartz processing technologies for semiconductor manufacturing in the United States.

Inchcape, a London-headquartered global automotive distributor, reported third-quarter 2026 revenue of £2.5 billion, representing growth of 7% year-over-year. The company delivered organic revenue growth of 1% and total vehicle volume growth of 3%, supported by strong performance in the Americas, Europe, and Africa, partially offset by substantial weakness in Australia.

Google has introduced new Gemini AI tools to help small business owners streamline daily operations, create branded marketing materials, analyze financial performance, and connect business applications through a centralized platform. The launch includes a dedicated business landing page within Gemini, along with new capabilities for visual content creation, financial analysis, and application integrations.

C-Infinity is developing an AI-powered manufacturing reasoning layer designed to bridge the gap between product design and production planning. Its initial focus is assembly planning, where its AutoAssembler platform translates engineering designs into manufacturing-ready process intelligence by combining deterministic reasoning with machine learning. Pulse 2.0 interviewed C-Infinity Founder and CEO Sai Nelaturi to learn more about the technology, manufacturing AI, and the company's vision.

Transit is a Montreal-based mobility technology company developing a public transportation navigation platform that helps people plan trips, track real-time departures, and navigate cities using buses, trains, bicycles, scooters, and other transportation options. Founded in 2012 by Sam Vermette and Guillaume Campagna, the company serves approximately 9 million monthly users across 40 countries and works with more than 200 transportation agencies. Its platform combines official transit data, crowdsourced rider information, machine learning, and trip-planning technology to improve the experience of using public transportation. Pulse 2.0 interviewed Transit Co-Founder and CEO Sam Vermette to learn more about the company's origins, navigation technology, partnerships with transit agencies, innovations in real-time transportation data, and its mission to make cities less dependent on cars.

Nebius Group has secured a $3.5 billion senior secured financing facility from Citi to support the continued expansion of its global AI infrastructure footprint. The 364-day facility will provide additional capital for data center development, GPU procurement, and general corporate purposes as Nebius continues building out capacity for its AI cloud platform.

Brightstar Capital Partners has acquired a majority interest in Material Handling Group USA, a technician-led provider of material handling equipment, aftermarket parts, and service operating across Michigan, New York, and the Mid-Atlantic region.

Kian Capital Partners has partnered with Allen Supply and supported the company's acquisition of TAP Industries, creating a multi-regional commercial door and hardware distribution platform serving customers across the Midwest and Central U.S.

Forward Consumer Partners has signed an agreement to acquire Welly Health PBC from Unilever, marking the private investment firm's first move into the consumer health category.

Robertson Stephens Wealth Management has combined with Milwaukee-based Alpha Investment Consulting Group, expanding its institutional consulting capabilities and increasing the firm's assets under management to more than $10 billion.

An affiliate of Oberndorf Real Estate Management has partnered with The Bascom Group to acquire Museum Park Apartments, a 117-unit multifamily property in San Jose, California, for $53.1 million.

Brevel and The Wave Group have formed a 50/50 joint venture to build a large-scale illuminated fermentation biomanufacturing facility in Uttar Pradesh, India, with an estimated investment of $10 million to $15 million.

FFL Partners has closed FFL Capital Partners VI and related vehicles with more than $1.35 billion in total capital commitments, exceeding the firm's $1 billion target and increasing fund size by approximately 50% compared with Fund V.

Baba has raised $40 million in Series A funding to expand its AI-powered care platform for Medicare and Medicaid patients, grow its clinical care teams, advance AI research, and deepen partnerships with health plans. The round was led by FirstMark Capital, with participation from CVS Health Ventures and Valtruis. Existing investors General Catalyst, Genius Ventures, and Ground Up Ventures also participated.

Daytona has raised $60 million in Series B funding at a $1 billion valuation to expand what it calls the Agent Cloud, an infrastructure platform designed specifically for running AI agents at scale. The round was led by FirstMark Growth and brings Daytona's total funding to $91 million. Investors in the financing include Patrick Collison of Stripe, Tobi Lütke of Shopify, Aravind Srinivas of Perplexity, Eric Yuan of Zoom, Olivier Pomel of Datadog, Adam D'Angelo of Quora, and Brendan Foody of Mercor.

Azoma has raised $11.2 million in Series A funding to expand its Agentic Commerce Optimization platform, which helps consumer brands improve how AI-powered shopping assistants discover, understand, and recommend their products. Puma Growth Partners led the round, with participation from dunnhumby, Twin Path, MaRS IAF, Rank Ventures, Ignite Ventures, and angel investors from Google DeepMind and Legora.

Hudbay Minerals and Mitsubishi have approved the final investment decision to proceed with construction of the Copper World project in Arizona, advancing what is expected to become one of the largest open-pit copper mines in the U.S. toward first production in the second half of 2029. Hudbay owns 70% of the project, while Mitsubishi holds the remaining 30% through a joint venture established in January 2026.

Shimmick Corporation has completed a $14.3 million equipment refinancing transaction with Sixty-First Commercial Finance, lowering its borrowing costs while generating additional liquidity to support future equipment needs and infrastructure project execution.

ESTEVE CDMO is investing more than $80 million to relocate, expand, and modernize its manufacturing operations in China with a new facility in Shaoxing, strengthening the company's global production network for pharmaceutical ingredients.

Natilus has received $3.5 million in Research, Development, Test, and Evaluation funding from Operational Energy - Innovation and the Department of the Air Force through the Assistant Secretary of the Air Force for Energy, Installations, and Environment to advance its KONA regional freighter.

PSP Investments and Nuveen Real Estate have launched a joint venture with an initial $790 million investment focused on acquiring open-air shopping centers across the United States.

Alter Domus has appointed André Bourbonnais as Non-Executive Chair of its Board of Directors, adding a veteran private markets and institutional investment executive to the leadership of the global fund administration and asset servicing company.