Archives

Qorelo Raises $3.5 Million To Accelerate AI-Powered SAP Transformations

By Amit Chowdhry ● Jun 15, 2026

Qorelo announced that it has raised $3.5 million in funding just five months after launching, as the company seeks to help enterprises modernize legacy SAP environments and build the foundation for broader AI adoption.

Morgan Lewis: Gemma Roberts Hired In London To Expand European Private Equity Platform

By Amit Chowdhry ● Jun 15, 2026

Morgan Lewis announced the continued expansion of its European corporate platform with the addition of private equity partner Gemma Roberts in London. Roberts joins the firm from Goodwin, where she previously served as co-chair of the London office, and will assume the role of European private equity practice lead.

Greenberg Traurig Expands Private Equity Practice With Addition Of Neal Loughery And Curt Ostosh In Chicago

By Amit Chowdhry ● Jun 15, 2026

Greenberg Traurig announced the expansion of its Private Equity Practice with the addition of shareholders Cornelius “Neal” Loughery and Curt Ostosh in the firm’s Chicago office. The move strengthens the firm’s capabilities across private equity financing and mergers and acquisitions as sponsors continue to pursue increasingly sophisticated transactions.

Robinhood: Record-Breaking Traffic Following SpaceX IPO Debut Causes Service Disruptions

By Amit Chowdhry ● Jun 15, 2026

Robinhood announced that it experienced record-breaking traffic across its platform, resulting in latency and intermittent issues for some customers as heightened activity placed increased demand on its systems. The surge in usage came amid elevated interest among retail investors and coincided with major market events that drove unusually high engagement.

OpenAI Launches A Partner Network And Commits $150 Million To Accelerate Enterprise AI Adoption

By Amit Chowdhry ● Jun 14, 2026

OpenAI announced the launch of the OpenAI Partner Network, a new global ecosystem designed to help organizations build, deploy, and scale AI solutions using OpenAI’s products and frontier models. The company said it will invest $150 million to support the initiative and accelerate the adoption of AI technologies across industries. OpenAI also aims to train and enable 300,000 certified consultants by the end of 2026.

THENA Capital Raises £45 Million Fund I To Back UK MedTech Startups

By Amit Chowdhry ● Jun 14, 2026

THENA Capital announced the final close of its inaugural fund at £45 million, marking a significant milestone for the venture capital firm and reinforcing its focus on supporting early-stage medical technology companies in the UK.

TGS Acquires Apparition Geoservices To Enhance Seismic Efficiency And Subsurface Imaging

By Amit Chowdhry ● Jun 14, 2026

TGS announced the acquisition of Apparition Geoservices GmbH, gaining exclusive access to the company’s proprietary simultaneous source acquisition and separation technology. The deal strengthens TGS’ seismic technology portfolio and is expected to deliver significant improvements in operational efficiency, source capacity, and subsurface imaging capabilities.

Core AI Holdings Launches HomeGPT AI Home Design Platform

By Amit Chowdhry ● Jun 14, 2026

Core AI Holdings announced the launch of HomeGPT, an AI-powered home design and renovation application that combines multimodal generative AI, spatial understanding, image editing, smart layout generation, and AI video capabilities to transform a single photo into a complete design experience.

Sembcorp Industries Completes Acquisition Of Alinta Energy

By Amit Chowdhry ● Jun 14, 2026

Sembcorp Industries announced the completion of its acquisition of Alinta Energy, adding a major Australian energy platform with a 3.4-gigawatt operating portfolio and a 10.4-gigawatt development pipeline.

Roku Reportedly Exploring Strategic Options, Including Potential Sale Of Company

By Amit Chowdhry ● Jun 14, 2026

Roku is exploring strategic alternatives, including a possible sale of the company, according to a Reuters report citing six people familiar with the matter.

Amazon Says Its Data Centers Are More Than Seven Times More Water Efficient Than Industry Average

By Amit Chowdhry ● Jun 14, 2026

Amazon announced that its global data center operations achieved a water usage rate of 0.12 liters per kilowatt-hour in 2025, which the company said is more than seven times more efficient than the industry average of 0.84 liters per kilowatt-hour. The company added that its data center water efficiency has improved by 52% since 2021 through investments in cooling technologies and operational innovations.

Goldman Sachs Lowers 2027 Brent Oil Forecast To $80 Amid Supply Growth And Demand Risks

By Amit Chowdhry ● Jun 14, 2026

Goldman Sachs has lowered its average Brent crude oil price forecast for 2027 to $80 per barrel, citing stronger global supply growth and continued weakness in demand, particularly in China. According to a research note from the investment bank via Reuters, rising oil production from the United States, Brazil, Guyana, Venezuela, and the United Arab Emirates, combined with structural shifts in energy consumption, is expected to weigh on prices over the longer term. Goldman said it expects more than 10% of the current weakness in demand to persist as China's transition toward alternative energy sources, including electric vehicles, accelerates.

AHS Properties Acquires Shangri-La Hotel In Dubai For About $299 Million

By Amit Chowdhry ● Jun 14, 2026

AHS Properties announced that it has acquired the Shangri-La Hotel in Dubai for AED 1.1 billion (about $299 million), marking one of the largest single-asset real estate transactions completed in the emirate in recent years.

Humana To Divest Minority Stake In Gentiva In Deal Valuing Interest At Approximately $900 Million

By Amit Chowdhry ● Jun 14, 2026

Humana announced that it has entered into a definitive agreement with a consortium of investors to divest all or substantially all of its minority interest in Gentiva, the nation's leading provider of end-of-life services, including hospice and palliative care.

Honeywell Targeting $2 Billion To $4 Billion Deals And Sees Industrial Automation Acquisition Opportunities

By Amit Chowdhry ● Jun 14, 2026

Honeywell said it is targeting acquisitions valued between $2 billion and $4 billion and sees significant M&A opportunities within its Industrial Automation business, according to comments made during the company's investor day in New York, via Reuters.

Vornado Realty Trust Completes Acquisition Of 49% Stake In Park Avenue Plaza

By Amit Chowdhry ● Jun 14, 2026

Vornado Realty Trust announced that it has completed the previously announced acquisition of a 49% ownership interest in Park Avenue Plaza, expanding its presence in Manhattan’s Plaza District.

Aton Health Raises Series A Growth Investment Led By Shore Search Partners

By Amit Chowdhry ● Jun 14, 2026

Aton Health announced the closing of a Series A growth investment led by Shore Search Partners. Financial terms of the transaction were not disclosed.

Nordic Appoints Alicia Harkness As CEO

By Amit Chowdhry ● Jun 14, 2026

Nordic, a global healthcare technology and consulting firm, announced the appointment of Alicia Harkness as chief executive officer, effective June 15. Harkness will lead the company as it continues to help healthcare organizations address clinical, operational, and business challenges through technology and consulting services.

Deezer Launches Free AI Music Detector For Playlists Across Major Streaming Platforms

By Amit Chowdhry ● Jun 14, 2026

Deezer announced the launch of a free online AI music detector that lets users check whether their playlists contain AI-generated songs. Available in 27 languages, the tool supports playlists from 20 of the most widely used music streaming platforms.

Treasure Global Secures $15 Million Enterprise AI Contract For Social Listening Platform

By Amit Chowdhry ● Jun 14, 2026

Treasure Global announced that it has secured a $15 million contract from Creative World Industries Sdn Bhd to develop and deploy an enterprise-grade Social Listening AI System. The agreement marks a significant step in the Malaysia-based technology company’s strategy to expand beyond its core digital ecosystem and build higher-value, AI-driven revenue streams.

Triple Flag Announces $440 Million Gold Stream Acquisition On Ravenswood Mine And Raises 2030 Outlook

By Amit Chowdhry ● Jun 14, 2026

Triple Flag Precious Metals announced that its wholly owned subsidiary, Triple Flag International, has entered into an agreement to acquire a gold stream on the producing Ravenswood Gold Mine in Queensland, Australia for $440 million in upfront cash consideration.

Scion To Acquire Student Quarters Platform, Expanding Student Housing Portfolio To Nearly 118,000 Beds

By Amit Chowdhry ● Jun 14, 2026

The Scion Group announced that it has entered into a definitive agreement to acquire the operating platform of Student Quarters, an Atlanta-based owner and operator of purpose-built student housing. The transaction will add nearly 13,000 beds across 21 markets and approximately $1.5 billion in student housing assets under management to Scion’s platform.

Mars Appoints Kemal Cetin As Chief Digital & Information Officer For $36 Billion Snacking Business

By Amit Chowdhry ● Jun 14, 2026

Mars announced the appointment of Kemal Cetin as Global Chief Digital & Information Officer for its Snacking business, effective August 3, 2026. Based in Chicago, Mars Snacking generates approximately $36 billion in annual revenue and includes brands such as SNICKERS, M&M’S, SKITTLES, EXTRA, PRINGLES, CHEEZ-IT, POP-TARTS, and KIND.

Kos Biotechnology Partners Announces Third Fund Closing At $123 Million

By Amit Chowdhry ● Jun 14, 2026

Kos Biotechnology Partners, a global life sciences investment firm focused on connecting the U.S. biopharma ecosystem with Europe, announced the third closing of its inaugural global life sciences fund, bringing total capital commitments to $123 million (€106 million).

AT&T Launches Unlimited Day Pass For iPad Users With $3 Daily Unlimited Data Option

By Amit Chowdhry ● Jun 14, 2026

AT&T announced the launch of Unlimited Day Pass, a new on-demand wireless connectivity service that provides eligible U.S. iPad users with 24 hours of unlimited data for a flat rate of $3 per day. The service is available to both AT&T customers and non-customers and does not require contracts, subscriptions, or credit checks.

OceanSound Partners Adds Kenneth Wolff As Partner And Chief Legal Officer Following $3.4 Billion Fund III Close

By Amit Chowdhry ● Jun 14, 2026

OceanSound Partners announced the appointment of Kenneth Wolff as Partner and Chief Legal Officer, strengthening the private equity firm’s leadership team following the recent closing of $3.4 billion in connection with Fund III.

Endurance Energy Raises $54 Million Series A To Develop Deep-Ocean Geothermal Power

By Amit Chowdhry ● Jun 14, 2026

Endurance Energy, a startup founded by former SpaceX engineer Andrew Redd, has raised $54 million in Series A funding to develop geothermal power plants that tap into vast energy resources beneath the ocean floor.

RELAI Raises $6.9 Million And Launches Verifiable Continual Learning Platform For AI Agents

By Amit Chowdhry ● Jun 14, 2026

RELAI announced the launch of a verifiable continual learning platform designed to help AI agents continuously improve from real-world failures while preventing regressions. The company also revealed it has secured a total of $6.9 million in funding to support its growth.

Equal AI Raises $30 Million Series B To Expand AI Lifestyle Concierge Platform In India

By Amit Chowdhry ● Jun 14, 2026

Equal AI has secured $30 million in Series B funding in tranches, with the round co-led by Prosus Ventures and Tomales Bay Capital.

King & Spalding Adds Andrew Bettwy And Jin Joo In New York To Expand Global Fund Finance Platform

By Amit Chowdhry ● Jun 14, 2026

King & Spalding announced that fund finance partners Andrew Bettwy and Jinyoung “Jin” Joo have joined the firm’s Finance and Restructuring practice group in New York, further strengthening its global fund finance capabilities.