Archives

Digital Brands Group: AI Partnership With Renov AI To Expand Ecommerce And Brand Technology Tools

By Amit Chowdhry ● May 24, 2026

Digital Brands Group announced a strategic partnership with Renov AI to accelerate the development of its growing suite of AI-powered tools across commerce and brand ecosystems.

Stellantis: Expanded Qualcomm Partnership To Power Next-Generation Vehicles With Snapdragon Digital Chassis

By Amit Chowdhry ● May 24, 2026

Stellantis and Qualcomm announced an expansion of their multi-year technology collaboration to power next-generation Stellantis vehicles with Qualcomm Technologies’ Snapdragon Digital Chassis system-on-chips (SoCs).

Amplify Appoints Adam Scully-Power As Managing Director Of Enterprise Strategy

By Amit Chowdhry ● May 24, 2026

Amplify Technology announced the appointment of Adam Scully-Power as Managing Director of Enterprise Strategy as the company continues expanding its AI-native RIA growth platform and enterprise wealth management capabilities.

General Fusion: Thomas Boehlert Appointed To Board Of Directors Ahead Of Public Market Debut

By Amit Chowdhry ● May 24, 2026

General Fusion announced the appointment of Thomas Boehlert to its Board of Directors as the fusion energy company advances toward becoming a publicly traded company through its previously announced business combination with Spring Valley Acquisition Corp. III. Boehlert’s appointment became effective on May 12, 2026, and he will also serve as Chair of the Nominating and Governance Committee.

Kordata Dynamics: AI-Powered Precision Clinical Trials Platform Launches With Pre-Seed Backing

By Amit Chowdhry ● May 23, 2026

Kordata Dynamics has emerged from stealth with the launch of an AI-powered precision clinical trials platform designed to improve the speed, quality, and accessibility of clinical research. The company also announced a pre-seed funding round backed by MAVRK Celestia Fund, Kern Venture Group, and Digital Neural Infrastructure Holdings (DNIH).

Dwight Capital: $619.5 Million In April Financings Led By Record $130 Million HUD Loan In Florida

By Amit Chowdhry ● May 23, 2026

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), closed $619.5 million in real estate transactions in April 2026, marking the firm’s highest-volume month of the year so far. The financings included major HUD-insured multifamily refinancings and pre-construction funding for a large-scale luxury condominium development in South Florida.

Spearmint Energy: About $450 Million Secured For 600 MWh Texas Battery Energy Storage Project

By Amit Chowdhry ● May 23, 2026

Spearmint Energy announced it has closed approximately $450 million in project financings to support Red Egret, a 300 MW / 600 MWh standalone battery energy storage system in Texas City, Texas. The project is expected to commence operations in 2027 and is designed to support grid reliability across ERCOT as electricity demand continues to rise.

Carmelo Anthony’s Creative 7 Productions: Strategic Partnership With Utopai Studios To Expand Sports And Entertainment IP

By Amit Chowdhry ● May 23, 2026

Carmelo Anthony, through his production company Creative 7, has become a strategic partner in Utopai Studios as the companies look to expand original sports and entertainment intellectual property development powered by cinematic AI technology.

PsiQuantum: $100 Million CHIPS Act LOI Signed To Advance Quantum Computing And Semiconductor Manufacturing

By Amit Chowdhry ● May 23, 2026

PsiQuantum announced it has signed a Letter of Intent with the U.S. Department of Commerce for $100 million in proposed federal incentives under the CHIPS and Science Act. The proposed funding is intended to strengthen American leadership in quantum computing and semiconductor manufacturing while advancing critical domestic technology supply chains.

Sonar: AI Code Verification Leader Acquires Gitar To Expand Into AI Code Review

By Amit Chowdhry ● May 23, 2026

Sonar announced the acquisition of Gitar, expanding its AI code verification platform to include AI-powered code review capabilities designed for the agentic software development era.

NEXA Lending: Strategic Investment And Phased Acquisition Agreement With Copper Ridge Ventures

By Amit Chowdhry ● May 23, 2026

NEXA Lending announced a strategic investment and phased acquisition agreement with Copper Ridge Ventures (CRV), a mortgage joint venture holding company owned by Tim Owens. The partnership is designed to support NEXA’s broader strategy of working with experienced owner-operators to scale mortgage origination, marketing capabilities, joint venture formation, and operational infrastructure.

Cycles: $6.4 Million Raised To Build Open Clearing Network For On-Chain Finance

By Amit Chowdhry ● May 23, 2026

Cycles, a startup building an open and privacy-preserving clearing network for crypto markets and stablecoin payments, announced it has raised $6.4 million in funding led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, Primitive Ventures, and angel investors. The company said the round brings its total funding to $8.7 million following a $2.3 million pre-seed round in 2025.

PteroDynamics: Strategic Investment From ONE Bow River To Accelerate Transwing VTOL UAS Development

By Amit Chowdhry ● May 23, 2026

PteroDynamics, an innovator in autonomous vertical takeoff and landing aircraft systems, announced that ONE Bow River National Defense Fund has made a strategic growth investment in the company to accelerate the development, testing, and manufacturing of its Transwing VTOL unmanned aircraft systems.

Starlab: Strategic Investment From 1789 Capital Signals Confidence In Commercial Low-Earth Orbit Infrastructure

By Amit Chowdhry ● May 23, 2026

Starlab Space Stations and 1789 Capital announced a strategic investment by 1789 Capital into Starlab, the U.S.-led joint venture developing a next-generation commercial space station designed to support the post-International Space Station economy.

Bridgewest Ventures: NZ$60.2 Million Raised For New Zealand Deep-Tech Venture Fund

By Amit Chowdhry ● May 23, 2026

Bridgewest Ventures announced the successful first close of approximately NZ$60.2 million for Bridgewest Venture Fund I LP, positioning the firm as a gateway for offshore investors seeking exposure to New Zealand and Australia’s growing deep-technology ecosystem.

Ozak AI: $7.2 Million Raised Ahead Of Planned Exchange Listing Phase

By Amit Chowdhry ● May 23, 2026

Ozak AI announced it has raised more than $7.2 million as the blockchain- and artificial intelligence-focused crypto project nears its anticipated exchange listing phase.

MoneyFlare: AI Crypto Trading Bot Launched

By Amit Chowdhry ● May 23, 2026

MoneyFlare announced the launch of its AI Crypto Trading Bot, an automated trading platform that leverages artificial intelligence to manage digital asset trading workflows through automated execution and continuous market monitoring.

Heallexa: AI Powered Healthcare Directory Launches With Over 6 Million Provider Profiles

By Amit Chowdhry ● May 23, 2026

Heallexa, an AI-powered healthcare directory, officially launched a platform designed to help patients find and request appointments with healthcare providers more efficiently. The company said the platform includes more than 6 million healthcare provider profiles spanning doctors, dentists, therapists, chiropractors, specialists, clinics, and other healthcare professionals.

Delivery Hero: Uber Reveals €10 Billion Takeover Bid For Food Delivery Rival

By Amit Chowdhry ● May 23, 2026

Delivery Hero disclosed that it received a takeover approach from Uber Technologies, valuing the food delivery company at approximately €10 billion, according to a report from the Financial Times. The proposed deal would mark one of the largest consolidation moves in the global food delivery sector as competition intensifies and profitability pressures continue across the industry.

Bangladesh Bank: $4.9 Billion Stimulus Package Unveiled As Economic Growth Slows

By Amit Chowdhry ● May 23, 2026

Bangladesh Bank announced a 600 billion taka ($4.9 billion) stimulus package aimed at reviving shuttered factories, supporting struggling businesses, and boosting employment as the country’s economic growth continues to slow, according to Reuters.

JPMorgan: Millions Of Comics Caught In Bankruptcy Fight Over Diamond Comic Distributors

By Amit Chowdhry ● May 23, 2026

A growing bankruptcy battle involving JPMorgan Chase and former comic distribution giant Diamond Comic Distributors is putting millions of comic books, graphic novels, collectibles, and tabletop games at the center of a legal fight over ownership rights and creditor claims, according to Bloomberg.

SpaceX: Starship Flight 12 Marks First Successful V3 Test Flight And Major Advancement For Mars Program

By Amit Chowdhry ● May 23, 2026

SpaceX successfully completed the 12th integrated flight test of Starship, marking the debut of the upgraded Starship V3 architecture and the company’s first Starship launch in nearly seven months. The launch took place from Starbase, Texas, and represented one of the most ambitious demonstrations yet for the company’s next generation reusable launch system. The mission showcased a wide range of new technologies designed to support future lunar missions, satellite deployment operations, and eventual human missions to Mars.

OKX: ICE Brent And WTI Perpetual Futures To Launch On Crypto Trading Platform

By Amit Chowdhry ● May 23, 2026

OKX and Intercontinental Exchange announced plans to launch perpetual futures contracts based on ICE’s Brent Crude and WTI Crude oil benchmarks on OKX’s trading platform. The new products are expected to be available in jurisdictions where OKX is licensed to offer perpetual futures trading.

SpaceX: $185 Million Memphis xAI Data Center Acquired From Phoenix Investors Affiliate

By Amit Chowdhry ● May 23, 2026

An affiliate of Phoenix Investors announced the sale of a 217-acre, 785,000-square-foot data center property in Memphis, Tennessee to a subsidiary of SpaceX for $185 million. The facility, located at 3231 Paul R Lowry Road, is commonly referred to as Colossus I, the first data center of xAI, which is a subsidiary of SpaceX.

Dell: Enterprise AI Infrastructure And Agentic AI Take Center Stage At Dell Technologies World 2026

By Amit Chowdhry ● May 23, 2026

Dell Technologies unveiled a broad wave of enterprise AI infrastructure, storage, cybersecurity, and partner ecosystem announcements this week at Dell Technologies World 2026 in Las Vegas, positioning itself as a major player in the shift toward on-premises and hybrid AI deployments.

Sorted Wallet: $4.4 Million Raised To Expand Stablecoin Access Across Emerging Markets

By Amit Chowdhry ● May 23, 2026

Sorted Wallet, a lightweight stablecoin wallet designed for feature phones and low-end smartphones, announced a $4.4 million seed funding round led by Tether and Gnosis, with participation from Movement, Angel Invest, and angels including the founders of RWA.io.

Overwatch AI: $1.5 Million Raised To Reduce Flight Disruptions

By Amit Chowdhry ● May 23, 2026

Overwatch AI, a platform designed to help pilots, cabin crew, and aviation operations managers quickly access critical information and make faster operational decisions, announced it has raised $1.5 million in pre-seed funding.

Farther: $150 Million Series D Raised For Intelligent Wealth Management Platform

By Amit Chowdhry ● May 23, 2026

Farther, an intelligent wealth management platform, announced it has raised $150 million in Series D funding led by General Atlantic, with participation from existing investors.

Cycles: $6.4 Million Raised To Build Open Clearing Network For On-Chain Finance

By Amit Chowdhry ● May 23, 2026

Cycles, a startup building an open, privacy-preserving clearing network for crypto markets and stablecoin payments, announced it has raised $6.4 million in funding led by Blockchange Ventures, with participation from Coinbase Ventures, Compound VC, Primitive Ventures, and angel investors. The company said the latest round brings its total funding to $8.7 million following a $2.3 million pre-seed round in 2025.

Shatterdome Energy: $3.5 Million Raised To Build AI-Powered Energy Trading Platform

By Amit Chowdhry ● May 23, 2026

Shatterdome Energy, an AI-driven energy trading and intelligence startup, emerged from stealth with $3.5 million in pre-seed funding to develop a platform designed to help renewable energy operators, utilities, and large power consumers navigate increasingly volatile electricity markets. The round was led by Crucible Capital, with participation from Transpose Platform and Entrepreneurs First.