Global Infrastructure Partners, owned by BlackRock, is in talks to acquire Macquarie-backed Aligned Data Centers for $40 billion amid surging AI-driven demand for data infrastructure.
Browsing: Mergers & Acquisitions
Buffett’s Berkshire Hathaway to acquire Occidental Petroleum’s petrochemical unit in a $10 billion deal.
Turkish Airlines orders 75 Boeing 787s and finalizes talks for 150 737 MAX jets, aligning with strategic growth and Erdogan-Trump talks on U.S. sanctions.
Eli Lilly will invest $6.5 billion to build a state-of-the-art biomanufacturing facility in Houston, creating 600 jobs and boosting production of advanced therapies.
Cathie Wood highlights AI’s “big four”—OpenAI, Anthropic, xAI, and Google Gemini—predicting industry consolidation as rising productivity reshapes markets despite unemployment and Fed rate cuts.
President Trump confirms U.S. investors including Larry Ellison, Michael Dell, and the Murdochs will take control of TikTok’s U.S. operations and algorithm under new ownership rules.
“It was always about more than just ice cream; it was a way to spread love and invite others into the fight for equity, justice and a better world.”
Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
Oracle’s Larry Ellison has just shot past Elon Musk as the richest man in the world, and his new status is in no small part thanks to his new deal with OpenAI
AI startup Perplexity hits a $20B valuation with $200M funding, rapid revenue growth, and new products, but faces mounting copyright lawsuits from major publishers.
SpaceX has agreed to acquire 50 MHz of wireless spectrum and mobile satellite service spectrum licenses from EchoStar for its Starlink satellite network.
Microsoft will integrate Anthropic’s AI into Office 365 apps, marking a major shift in its AI strategy while balancing partnerships with OpenAI and other providers.
StubHub’s $851M IPO, valuing the ticket resale giant at up to $9.2B, marks a pivotal moment for the evolving global secondary ticket marketplace.
Amsterdam-based AI infrastructure firm Nebius surged after announcing a $17.4 billion multi-year deal with Microsoft to expand cloud computing capacity for AI workloads.
ByteDance, parent of TikTok, plans a $200.41 per share employee buyback valuing it above $330 billion, as revenue surges despite U.S. scrutiny and India’s ban.
Databricks signs Series K term sheet at a $100 billion valuation to accelerate its AI strategy, expand Lakebase, and fuel global growth.
Salesforce is set to acquire Regrello, enhancing its agentic process automation capabilities by integrating AI-driven workflows with Agentforce and Slack to streamline enterprise operations.
AbbVie will invest $195M to expand API manufacturing at its North Chicago plant, boosting U.S. pharmaceutical innovation, jobs, and production of next-generation medicines.
Perplexity makes headlines with a bold $34.5B bid to buy Google Chrome amid antitrust pressures, aiming to champion open web, user choice, and AI dominance.
Microsoft will retire its popular Lens document-scanning app from September 15, directing users to Microsoft 365 Copilot, which lacks several beloved Lens features.
“If builders can vibe-code an app in an hour, security has to vibe right alongside,” says Wiz co-founder Ami Luttwak on AI-driven cybersecurity challenges.
Samsung secures a $16.5 billion deal to produce AI chips for Tesla, marking a major step in U.S.-based semiconductor manufacturing and autonomous tech innovation.
Union Pacific and Norfolk Southern are nearing a $200 billion merger that could reshape U.S. freight transport, raising hopes for efficiency and concerns over competition.
Skydance’s $8.4B merger with Paramount gets FCC nod amid political controversy, media bias allegations, and commitments to ideological diversity in CBS programming.
Google Cloud is steadily carving out a bigger space for itself with stronger AI tools, strategic partnerships, and major enterprise wins like ServiceNow.