AI Neocloud Lambda Is Raising $4 Billion in Final Round Before Planned IPO
The Nvidia-backed company is targeting an IPO in 2027.
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Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform
The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants in the U.S., which generate over $2.5 billion in annual gross bookings.
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Becton Dickinson to Invest $19 Billion in U.S. in Exchange for Tariff Relief
The move makes the needle- and medical-device maker the latest company to pledge to expand domestic manufacturing to secure an exemption from the Trump administration's tariffs.
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Lamb Weston Says Cost-Saving Efforts Are Paying Off
The french fry maker said profit and sales exceeded expectations in the latest quarter, citing strong demand and steps the company has taken to counter rising costs.
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Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion
The deal consists of $1.95 billion in cash and about 33.3 million newly issued Energy Transfer common units.
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Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth
EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.
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CD&R, McKesson to Acquire At-Home Infusion Therapy Provider for $5.8 Billion
Under the agreement, CD&R will hold a majority interest of about 51% in Option Care Health, while McKesson will hold about 49%.
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Mistral to Release New AI Model to Better Compete With U.S. Rivals
Mistral launched a public preview of the model on Tuesday and plans to release its trained parameters on Oct. 27.
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SoftBank-Backed DayOne Plans to Raise Up to $5 Billion in U.S. IPO
Singapore-based DayOne Data Centers plans to list its American depositary shares on the Nasdaq by the end of the year.
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Emmy Awards Will Leave Broadcast TV for Amazon's Prime Video
The six-year deal ends the awards show's decadeslong rotation among ABC, CBS, Fox and NBC.
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What Oura's Stalled IPO Tells Us About One-Hit Wonders
Oura pitched itself as a tech platform, but investors saw through that.
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KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
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Forbion Raises $2.6 Billion in Boost to European Biotech Industry
Dutch haul comes despite European drugmakers and investors warning the region is losing ground.
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NYSE Owner Launches Gold Futures in London
The contract began trading Monday alongside new futures for silver, platinum and palladium.