Tech
Locked WLD placement gives World $52.5 million for network expansion
Strategic investors led by Pantera Capital bought WLD tokens with a 12-month lockup, directing proceeds to the Cayman-based World Foundation.
Tech
Tech
Dassault Systèmes bets on life sciences AI with ArisGlobal deal
Dassault Systèmes confirmed its 2026 outlook after second-quarter revenue growth and announced a $1.8 billion cash acquisition of U.S. life-sciences software company ArisGlobal, with a further contingent payment tied to AI revenue targets. The deal strengthens a pressured life-sciences segment.
Tech
Zhongji Innolight Sets Hong Kong IPO Target at US$8 Billion as AI Infrastructure Demand Lifts Investor Interest
The Chinese optical transceiver maker is preparing a Hong Kong listing that could become the city's largest share sale since Alibaba's 2019 offering, with cornerstone demand already covering nearly half of the base deal.
Tech
NetApp buys DataPelago to push AI data processing into the storage layer
NetApp acquired California-based DataPelago to add GPU-accelerated data processing directly to its storage portfolio. The company said the deal will help enterprises prepare, govern and activate data for AI and analytics without moving it into separate compute clusters.
Tech
BlackRock-Backed Consortium Closes Record $40B Aligned Data Centers Deal
A consortium comprising AIP, MGX and BlackRock's GIP has closed the $40 billion acquisition of Aligned Data Centers, the largest data center deal in history. The group has also committed an additional $5 billion in growth capital to expand AI-ready capacity across Aligned's 51-campus global portfolio.
Tech
TSMC Pledges Another $100B for U.S. Chip Expansion as AI Demand Surges
TSMC plans to invest an additional $100 billion in U.S. chip manufacturing, bringing total commitments to $265 billion. The world's largest contract chipmaker also raised its 2026 revenue forecast to above 40% after posting record $22 billion quarterly profit, driven by surging AI demand.