Flex to Acquire EPC Power for $4.4 Billion
Flex has agreed to acquire EPC Power for $4.4 billion, adding power conversion technology for AI data centers and grid applications.
September 03, 2026
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
NVIDIA Agrees to Acquire Hugging Face for $12.93 Billion
NVIDIA has agreed to acquire Hugging Face for $12.93 billion and says the platform will continue supporting models, hardware, cloud services, and inference providers across the AI ecosystem.
September 03, 2026
Superluminal Medicines Raises $60 Million for Obesity Drug Trial
The Series B financing will support a Phase 1 trial of a treatment for rare genetic forms of obesity by the end of 2026.
September 03, 2026
MulticoreWare Acquires Simulus Automation for Semiconductor Design
MulticoreWare has acquired Simulus Automation to add semiconductor design and verification capabilities for SoCs, chipsets, and accelerator technologies.
September 02, 2026
Konko AI Raises $6 Million for Patient Journey Platform
Konko AI raised $6 million to expand its AI platform for healthcare clinics and hospitals in Latin America.
September 02, 2026
Airbility Raises $4.7 Million for AI Counter Drone Aircraft
Airbility raised $4.7 million in Series A funding led by Sazze Partners, bringing its total funding to $7.6 million. The company plans to use the funding for counter drone eVTOL aircraft and production capacity.
September 02, 2026
Thyme Care Raises Over $125 Million and Forms Thyme Companies
Thyme Care raised over $125 million in Series E funding led by Morgan Health and formed Thyme Companies, a parent entity for new oncology businesses.
September 02, 2026
LeanTaaS Acquires Aidin for Patient Flow Software
LeanTaaS has acquired Aidin, adding care transition coordination to its iQueue for Inpatient Flow platform. Aidin serves more than 200 hospitals and coordinates more than two million referrals each year.
September 02, 2026
S&P Global Completes datacenterHawk Acquisition
S&P Global has completed its acquisition of datacenterHawk, adding data center, fiber optic, and related infrastructure intelligence to S&P Global Energy.
September 02, 2026
Salute Agrees to Acquire T5 Operations
Salute has agreed to acquire T5 Operations, a data center operations unit of T5 Data Centers, in a deal that would expand its management footprint to more than 15 GW across over 150 markets.
September 02, 2026
Palo Alto Networks Acquires Console for Cortex Security Operations
Palo Alto Networks has acquired Console, an AI native platform for agentic enterprise operations, to expand agentic capabilities in Cortex.
September 02, 2026
New Constructs Warns AI Compute Spending Is Not Profit
New Constructs says investors should separate AI infrastructure spending from profit, after Morgan Stanley estimated that five major cloud operators could spend $1.2 trillion on AI infrastructure in 2027.
September 01, 2026
Tyfone Acquires ATTUNE for Digital Banking and Lending Platform
Tyfone acquired ATTUNE to add digital account opening, deposit funding, loan origination and servicing to its banking and lending platform for community financial institutions.
September 01, 2026
Tripo AI Raises 3 Billion Yuan and Previews Tripo P2.0
Tripo AI raised approximately 3 billion yuan across Series B and Series B+ rounds and previewed Tripo P2.0, a 3D native foundation model that supports quad topology.
September 01, 2026
Norbert Health Raises $14 Million for Robotic Nursing Assistants
Norbert Health raised $14 million in Series A funding to expand its physical AI system for robotic nursing assistants across skilled nursing facilities.
September 01, 2026
Happiest Minds and ITC Infotech Agree to Merge
Happiest Minds Technologies and ITC Infotech have signed definitive agreements to combine their businesses, with the merged company targeting US$1 billion in annual revenue by FY28.
September 01, 2026
Fambot Launches Family Planning Assistant With $3.5 Million in Funding
Fambot launched an AI assistant for family logistics with more than 1,000 families using the platform and $3.5 million in funding before a seed round.
September 01, 2026
Nscale Secures $3 Billion for AI Campuses in Texas and North Carolina
Nscale closed about $3 billion in loan commitments to fund GPU infrastructure and related equipment at AI campuses in Ward County, Texas, and Madison County, North Carolina.
September 01, 2026
Cherubic Ventures Closes $68.88 Million Fund for AI Startups
Cherubic Ventures closed Fund VI at $68.88 million and now manages more than $500 million. The fund will back early stage AI companies in infrastructure, developer tools, enterprise software, healthcare, physical AI, and robotics.
September 01, 2026
Mech-Mind Robotics Lists in Hong Kong
Mech-Mind Robotics listed on the Hong Kong Stock Exchange on September 1, 2026, with shares priced at HK$101.7 and a market capitalization of HK$12.71 billion.
September 01, 2026
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