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Entertainment
StubHub Holdings Inc., the operator of ticket-selling platforms StubHub and Viagogo, is moving forward with its long-anticipated public debut, aiming to raise as much as $851 million in an initial public offering. In a filing with the U.S. Securities and Exchange Commission on Monday, the New York-based company outlined
Banking
Pittsburgh-based PNC Financial Services Group announced Monday it will acquire FirstBank Holding Co., a privately held Colorado lender, in a $4.1 billion cash-and-stock deal designed to expand PNC’s footprint in the western United States and push its coast-to-coast ambitions. The acquisition will add nearly 100 branches in Colorado
Artificial Intelligence (AI)
Databricks has once again rewritten the record books in enterprise software. The data and AI giant announced that it has raised an additional $1 billion, pushing its valuation to $100 billion while boasting an impressive $4 billion in annual recurring revenue (ARR). This milestone comes just nine months after Databricks
Artificial Intelligence (AI)
Amazon is preparing to make a bold move into the fast-growing world of AI-powered workplace tools with a new platform called Quick Suite, according to internal documents viewed by Business Insider. The software, which is still in testing, aims to unify multiple AI agents into a single workspace experience, offering
Semiconductors
Broadcom Inc. is stepping deeper into the artificial intelligence race with a landmark deal to design and produce custom accelerators for OpenAI, the maker of ChatGPT. The partnership positions Broadcom in direct competition with Nvidia Corp., whose dominance in AI chips has fueled a meteoric rise in its valuation. According
Quantum Computing
Honeywell’s quantum computing subsidiary, Quantinuum, has secured about $600 million in new funding, doubling its valuation to $10 billion in less than a year. The announcement came Thursday, underscoring accelerating investor interest in quantum technologies. The round was led by a mix of new and existing backers. Fresh investments
Style & Beauty
The luxury rental membership platform Vivrelle is doubling down on artificial intelligence. On Thursday, the company announced the debut of Ella, an AI-powered personal styling assistant developed in collaboration with fashion retailers Revolve and FWRD. The launch underscores the fashion industry’s accelerating embrace of AI to deliver hyper-personalized shopping
Human Resources (HR)
OpenAI is preparing to move beyond its consumer-facing products and into the professional networking space with the launch of the OpenAI Jobs Platform, a hiring service designed to connect businesses with workers through advanced AI matching. The company expects to debut the platform by mid-2026, according to a spokesperson who
Aerospace
GE Aerospace is making a major move into the electric aviation sector with a $300 million investment in Beta Technologies, part of a strategic partnership to co-develop a hybrid-electric turbogenerator for next-generation aircraft. The deal, announced Thursday, is pending regulatory approval. Hybrid Power for Advanced Air Mobility The collaboration underscores
Travel
JetBlue is taking a different path in the race to upgrade in-flight internet. While many major airlines have partnered with SpaceX’s Starlink, JetBlue announced Thursday that it will instead turn to Amazon’s Project Kuiper satellites to deliver free Wi-Fi to passengers beginning in 2027. Faster Speeds, New Partner
Artificial Intelligence (AI)
Productivity software giant Atlassian has agreed to acquire The Browser Company, maker of the Arc and Dia browsers, in a $610 million all-cash deal. Atlassian CEO and co-founder Mike Cannon-Brookes framed the acquisition as a major leap in rethinking the role of the browser in modern knowledge work. “Today’s
Cloud Computing
CoreWeave, the fast-growing provider of cloud servers for AI model training, announced on Wednesday that it has reached an agreement to acquire OpenPipe, a two-year-old Y Combinator–backed startup specializing in reinforcement learning tools for enterprise AI development. The acquisition underscores CoreWeave’s strategy to move further up the AI