G42

G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

News Release – 17 Jun 2025 G42, the Abu Dhabi-based global technology group, and Liquid AI, a leading efficient foundation models company headquartered in Cambridge, Massachusetts, today announced that they have entered into a multifaceted commercial partnership to facilitate the creation, training and commercialization of generative AI solutions powered by Liquid Foundation Models. The goal of the partnership is to jointly develop and deploy private … Continue reading G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

Press Release – June 5, 2025 | Manila, Philippines – The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) announced a grant agreement to establish Enhancing Access to Battery Energy Storage System (BESS) for Low-carbon Economies (ENABLE), a platform dedicated to accelerating battery storage deployment across the Asia and Pacific region by pooling and concentrating the human and financial resources … Continue reading ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

Advent to acquire a significant minority stake in Felix Pharmaceuticals, Ireland

Advent to acquire a significant minority stake in Felix Pharmaceuticals, Ireland

Press Release – Mumbai, 9th June 2025 – Advent, a leading global private equity investor, today announced that funds managed by Advent have signed a definitive agreement to invest USD $175 million via primary and secondary for a significant minority stake in Dublin headquartered Felix Pharmaceuticals Pvt Ltd (“Felix”), a leading global Gx animal pharma player. Felix Pharma is one of the fastest growing developers and manufacturer … Continue reading Advent to acquire a significant minority stake in Felix Pharmaceuticals, Ireland

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies MALTA, N.Y., June 4, 2025 – GlobalFoundries (Nasdaq: GFS) (GF), working with the Trump Administration and with support from leading technology companies aiming to onshore critical components of their supply chain, today announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging … Continue reading GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Ardian and ROYC Announce Partnership

Ardian and ROYC Announce Partnership

STOCKHOLM – June 10, 2025 – ROYC, the leading global Platform-as-a-Service provider for alternative investments, and Ardian, one of Europe’s largest private investment firms managing and advising $180 billion in AuM, are today happy to announce a partnership. ROYC will act as a key partner for Ardian in the rapidly growing private wealth segment in Europe. “We are proud to partner with Ardian, sharing the belief … Continue reading Ardian and ROYC Announce Partnership

GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

Dubai, UAE, 28 May 2025: Gulf Navigation Holding PJSC (“GULFNAV”), a leading maritime and shipping company listed on the Dubai Financial Market, and Brooge Energy Limited (“Brooge”), a Leading crude oil, fuel oil and refined fuel products storage company Listed on NASDAQ, held a signing ceremony at Brooge’s headquarters in Dubai to formalize the Sale and Purchase Agreement (SPA) in accordance with the acquisition structure … Continue reading GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

Taiwan and Guatemala Deepen Trade Ties

Taiwan and Guatemala Deepen Trade Ties

Taipei, Taiwan – Taiwan has vowed to intensify technological cooperation with Guatemala as it works to reinforce its shrinking circle of diplomatic allies in the face of mounting pressure from Beijing. During a June 5 meeting with visiting Guatemalan President Bernardo Arévalo, Taiwan’s President Lai Ching-te pledged to “strengthen exchanges and cooperation as well as scholarship programmes for young people, provide training for high-tech and … Continue reading Taiwan and Guatemala Deepen Trade Ties

Salesforce Signs Definitive Agreement to Acquire Informatica

Salesforce Signs Definitive Agreement to Acquire Informatica

Press Release – SAN FRANCISCO/REDWOOD CITY, CA — May 27, 2025 — Salesforce (NYSE: CRM), the world’s #1 AI CRM, and Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A … Continue reading Salesforce Signs Definitive Agreement to Acquire Informatica

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Press Release – SAN FRANCISCO – May 29, 2025 – Grammarly, the trusted AI assistant for communication and productivity, today announced the closing of $1 billion in financing from General Catalyst. This underscores General Catalyst’s longtime commitment to Grammarly, which has evolved into an AI productivity platform for apps and agents following the acquisition of Coda in January 2025. Grammarly will use the go-to-market investment from General … Continue reading Grammarly Announces $1 Billion Growth Financing With General Catalyst