Archives

Blackstone’s AUM Reaches Record $1.35 Trillion In Second Quarter 2026

By Amit Chowdhry ● Jul 25, 2026

Blackstone reported second quarter 2026 results, with total assets under management increasing 11 percent year over year to $1,346.3 billion, driven by $68.3 billion of inflows during the quarter and $262.5 billion over the trailing twelve months. Fee-earning assets under management rose 8 percent to $961.6 billion, while perpetual capital assets under management reached $555.6 billion, up 15 percent year over year and now representing roughly 41 percent of total assets under management.

ING Provides $268 Million Acquisition Facility To EQT Real Estate For Logistics Portfolio

By Amit Chowdhry ● Jul 25, 2026

ING Capital announced it has provided a fully underwritten $268 million acquisition facility to EQT Real Estate's Core Plus Fund IV. The financing supported the fund's acquisition of 11 institutional-quality logistics assets totaling 2.8 million square feet across six high-growth U.S. logistics markets, building on the firms' growing relationship in both the U.S. and European markets.

Expro Completes Enhanced Drilling Acquisition For Approximately $215 Million

By Amit Chowdhry ● Jul 25, 2026

Expro announced it has closed its previously announced acquisition of Enhanced Well Technologies Group AS, known as Enhanced Drilling, for approximately 2 billion Norwegian kroner in cash, or approximately $215 million, plus customary closing and working capital adjustments.

Berkshire Hathaway Completes $6.8 Billion Acquisition Of Taylor Morrison

By Amit Chowdhry ● Jul 25, 2026

Berkshire Hathaway and Taylor Morrison announced the completion of Berkshire Hathaway's acquisition of Taylor Morrison for $72.50 per common share in cash, representing a total equity value of approximately $6.8 billion and total enterprise value of approximately $8.5 billion.

HCLTech Announces $1.6 Billion AI Data Center In Bhubaneswar

By Amit Chowdhry ● Jul 25, 2026

HCLTech announced plans to establish its first AI Data Center in the upcoming Odisha Sovereign AI Park, in partnership with Sarvam and the Government of Odisha. The planned capital outlay for the project is Rs 14,257 crores, approximately $1.6 billion, including financial assistance from the Government of Odisha. The announcement follows HCLTech's July 13, 2026 disclosure of its planned entry into the full-stack AI market.

Anthropic Launches Claude Opus 5

By Amit Chowdhry ● Jul 25, 2026

Anthropic announced the release of Claude Opus 5, a model the company describes as approaching the frontier intelligence of Claude Fable 5 at roughly half the price. On coding and knowledge work evaluations including Frontier-Bench and GDPval-AA, Opus 5 sets a new state-of-the-art among Anthropic's models, though it remains behind Mythos 5 on cybersecurity tasks. Opus 5 is now the default model on Claude Max and the strongest model available on Claude Pro.

Meta Introduces Seller, A Dedicated App For Facebook Marketplace Sellers

By Amit Chowdhry ● Jul 25, 2026

Meta announced the launch of Seller, a new app built specifically for people who sell on Facebook Marketplace, giving them tools including AI-powered listing creation, a unified inbox, inventory management, and performance insights all in one place. Seller is now available on the App Store for users 18 and older in the United States.

QumulusAI Signs A $32 Million Two-Year NVIDIA Blackwell B300 Agreement

By Amit Chowdhry ● Jul 25, 2026

QumulusAI announced a signed two-year agreement valued at more than $32 million to supply NVIDIA Blackwell B300 capacity to an AI inference platform provider focused on generative AI applications. The agreement includes renewal options, with capacity expected to come online in the fall of 2026.

Google Introduces Selfie Video As A New Sign-In Method For Google Accounts

By Amit Chowdhry ● Jul 25, 2026

Google announced the launch of selfie video, a new way for users to sign in to their Google Account, designed to provide an additional recovery option for people who are locked out or don't have access to their usual phone or computer. Users set up the feature by looking at their device's camera and completing a series of guided head movements to capture multiple angles.

GA Group Acquires Family Law Litigation Support Practice Trampe Settles

By Amit Chowdhry ● Jul 25, 2026

Great American Holdings (operating as GA Group) announced the acquisition of Trampe Settles, a Dallas-based family law litigation support firm specializing in expert witness services for disputes involving the valuation of closely held businesses, private equity interests, and other complex financial assets in marital dissolution cases. Financial terms of the transaction were not disclosed.

LEHR Expands Emergency Vehicle Upfitting Platform Into The Midwest With Acquisition Of 911 Custom

By Amit Chowdhry ● Jul 25, 2026

LEHR, the nation's leading emergency vehicle upfitter, announced the acquisition of 911 Custom, a leading upfitter and distributor serving law enforcement agencies across Nebraska, Kansas, Missouri, Oklahoma, and Iowa. The deal extends LEHR's national platform into a high-growth Midwest market. Financial terms of the transaction were not disclosed.

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.