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Ecolab closes $4.75bn CoolIT acquisition as AI data centers confront a cooling bottleneck
Ecolab has completed its acquisition of CoolIT Systems, combining water treatment, cooling hardware, digital monitoring and service capabilities. The deal places Ecolab deeper inside the physical infrastructure required to operate increasingly powerful artificial intelligence systems.
Bending Spoons (BSP) debuts on Nasdaq, valuation more than doubles to $18.4bn
Bending Spoons debuts on Nasdaq at an $18.4 billion valuation before its stock pulls back sharply in the following session.
Alphabet (GOOGL) loses final appeal, must pay €4.1bn EU Android antitrust fine
Google loses its final EU appeal and must pay the full €4.1 billion Android antitrust fine after an eight-year legal fight.
Stakk (ASX:SKK) halts on a major acquisition as its A$26m revenue story faces a dilution test
Stakk has reached a A$26m revenue run-rate, then halted for an acquisition and capital raise. The deal must justify its dilution risk.
Meta challenges AWS, Azure, and Google Cloud with new AI infrastructure business
Meta Platforms is developing a cloud business to sell excess AI computing power, challenging AWS, Azure, and Google Cloud.
SoftBank offers corporate guarantee to salvage $10bn OpenAI stake loan
SoftBank revives $10 billion OpenAI-backed loan talks with a corporate guarantee after banks resisted the collateral terms.
Colombian fintech Addi raises $85m to expand credit and merchant services
Addi’s $85 million Series D gives the Colombian fintech fresh capital to expand consumer credit, merchant finance and deposit-linked products after securing regulatory approval to operate as a supervised financial institution.
TwelveLabs rakes in $100m as video AI moves toward enterprise intelligence
TwelveLabs has raised $100 million to expand its video-native artificial intelligence platform, deepen its Amazon Web Services alliance and move from video search models into enterprise applications.
Zoom targets buyer intelligence and AI revenue agents with Common Room acquisition
Zoom’s Common Room acquisition strengthens ZM’s AI revenue platform with buyer intelligence, GTM signals and revenue agents.
BrainChip (ASX:BRN) ships AKD1500 chips, but can customer orders finally unlock revenue?
BrainChip is shipping AKD1500 chips, but order sizes remain hidden. ASX:BRN needs production revenue to turn an AI milestone into a rerating.