Pulse 2.0 - Business news, profiles, and deal flow coverage

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

Aon Acquiring USI Insurance Services For $17 Billion

DHL Acquires Aero Cargas S.A. To Enter Uruguay And Strengthen Latin American Presence

Descartes Acquires Extensiv For $120 Million To Add AI-Enabled 3PL Warehouse Management

Nscale Secures $3 Billion For Texas And North Carolina AI Campuses Supporting Up To 315 MW Of Capacity

EY US Invests $100 Million In Employee Rewards Focused On AI Adoption, Innovation And Future Skills

By Amit Chowdhry ● Today at 8:20 AM

EY US is investing $100 million in a new employee recognition and rewards program designed to incentivize professionals who develop future-focused skills, adopt advanced technologies, contribute to innovation and deliver measurable business impact.

AMD, Cisco, And HUMAIN Bring MI355X AI Systems Live In Saudi Arabia With Up To 1 GW Planned By 2030

By Amit Chowdhry ● Today at 8:19 AM

AMD, Cisco and HUMAIN have brought production AI infrastructure online in Saudi Arabia using AMD Instinct MI355X GPUs, AMD EPYC CPUs and Cisco Silicon One-based networking, marking the first operational phase of a much larger buildout that could reach 1 GW of AI infrastructure by 2030.

Dyson Launches $499 CameraJet Toothbrush With AI Gap Detection, Precision Jet Flossing And 470,000-Image Training Set

By Amit Chowdhry ● Today at 8:18 AM

Dyson has launched the CameraJet, a $499 connected electric toothbrush that combines an integrated camera, machine learning, sonic brushing, and precision liquid jetting in an effort to merge brushing, interdental cleaning, and mouthrinse into a single device.

Ares Closes $4 Billion Japan Logistics Fund With $11 Billion Investment Capacity

By Amit Chowdhry ● Today at 8:18 AM

Ares Management has closed Japan Logistics Development Partners V at ¥612 billion, or about $4 billion, reaching the fund's hard cap and completing the largest closed-end institutional fundraise in Ares Real Estate's history.

Fingerprint Tops $50 Million ARR After Nearly 200% Revenue Growth As AI Fraud Defense Expands

By Amit Chowdhry ● Today at 8:16 AM

Fingerprint has surpassed $50 million in annual recurring revenue as enterprise demand grows for device intelligence that can distinguish legitimate users from increasingly sophisticated automated and AI-driven fraud.

Great Hill Invests In Aurenity To Expand E&S Insurance Programs And AI-Enabled Underwriting

By Amit Chowdhry ● Today at 8:15 AM

Great Hill Partners has made a strategic investment in Aurenity, backing the technology-enabled excess and surplus insurance managing general agent as it expands its underwriting organization, launches additional specialty programs and invests further in artificial intelligence.

Montana Renewables Cuts SAF Expansion Cost From $1.2 Billion To $137 Million While Targeting 200 Million Gallons Annually

By Amit Chowdhry ● Today at 8:15 AM

Calumet's Montana Renewables subsidiary has redesigned its MaxSAF expansion to target approximately 200 million gallons of annual sustainable aviation fuel production by the end of 2028 while reducing remaining project capital requirements to $137 million from the approximately $1.2 billion contemplated under the original Phase 2 plan.

RedHill Acquires Rebyota And Clenpiq Rights For $12 Million After Products Generated $37.5 Million In 2025 Sales

By Amit Chowdhry ● Today at 8:14 AM

RedHill Biopharma has acquired commercialization rights to Ferring Pharmaceuticals' Rebyota and Clenpiq for $12 million upfront, completing a broader repositioning of its gastrointestinal commercial portfolio following the previously announced divestiture of Talicia.

GI Partners Acquires Majority Stake In Otodata As IoT Platform Monitors 3.5 Million+ Tanks Globally

By Amit Chowdhry ● Today at 8:13 AM

GI Partners has acquired a majority interest in Otodata Holdings, backing the Montreal-based Internet of Things company as it expands a remote monitoring platform already deployed across more than 3.5 million tanks worldwide. Existing investor Renovo Capital and Otodata's management team will retain minority ownership positions in the company, allowing them to participate in its next phase of growth alongside GI Partners.

Korn Ferry Completes AMS Acquisition With £473 Million And $326 Million Cash Payments Plus 3.1 Million Shares

By Amit Chowdhry ● Today at 8:12 AM

Korn Ferry has completed its acquisition of UK-headquartered AMS from OMERS Private Equity, combining two major talent and organizational consulting businesses into a global platform with nearly 17,000 employees across more than 130 offices.

H.I.G. Capital Names Younghee Choi Head Of Asia As Firm Expands $75 Billion Capital Formation Platform

By Amit Chowdhry ● Today at 7:38 AM

Barchemy Names Former Rise Baking Executive Isaac Long CEO As Founder Larry Toscano Becomes Chairman

By Amit Chowdhry ● Today at 7:30 AM

Barchemy has appointed Isaac Long as Chief Executive Officer, bringing in a food industry executive with experience in enterprise transformation, commercial strategy and manufacturing as the specialty ingredient company enters its next phase of growth.

Zedge Secures $7.5 Million Insider Investment As Morris Berger Becomes CEO To Scale DataSeeds.AI

By Amit Chowdhry ● Today at 7:26 AM

Zedge has announced an approximately $7.5 million direct insider investment and appointed Morris Berger as Chief Executive Officer as the company accelerates development of DataSeeds.AI into a larger artificial intelligence data business.

GT Independence Names Chris Karkenny CEO As Self-Directed Care Platform Serves More Than 60,000 People

By Amit Chowdhry ● Today at 7:24 AM

GT Independence has appointed Chris Karkenny as Chief Executive Officer as the financial management services company expands its self-directed care platform across more than 21 states.

Civista Bancshares Completes Leadership Transition As Chuck Parcher Becomes President And CEO

By Amit Chowdhry ● Today at 7:23 AM

Civista Bancshares has completed its previously announced leadership transition. Charles A. "Chuck" Parcher has assumed the role of President and Chief Executive Officer of Civista Bancshares and Civista Bank, effective immediately.

Garrison Growth: Interview With Co-Founder Dave Garrison About The Buy-In Advantage And Employee Engagement

By Amit Chowdhry ● Today at 7:22 AM

Garrison Growth works with CEOs, executive teams, and organizational leaders across industries to improve leadership, organizational performance, and employee buy-in. Co-Founder Dave Garrison is also the author of The Buy-In Advantage, which explores practical strategies leaders can use to improve productivity, retention, collaboration, and organizational results. Pulse 2.0 interviewed Garrison Growth Co-Founder Dave Garrison to learn more.

Searchlight Invests In Aderian As Nordic Managed IT Platform Reaches SEK 2.5 Billion Revenue And 30+ Acquisitions

By Amit Chowdhry ● Today at 7:18 AM

Searchlight Capital Partners has made an investment in Aderian Group, backing the Nordic managed IT services provider as it expands organically and through acquisitions across Sweden, Norway and the broader region.

Inturai Ventures Completes DomeCommand Acquisition For Up To C$6.025 Million To Expand AI Drone Swarm Platform

By Amit Chowdhry ● Today at 7:17 AM

Inturai Ventures has completed its acquisition of the intellectual property behind DomeCommand, an AI-driven command-and-control platform designed for autonomous drone swarms.

Cherubic Ventures Closes $68.88 Million Fund VI As AUM Tops $500 Million And Sudo AI Nears $2 Billion Valuation

By Amit Chowdhry ● Today at 7:16 AM

Cherubic Ventures has closed its sixth fund at $68.88 million, bringing total assets under management across the firm's six funds above $500 million as it continues concentrating on early-stage AI investments.

ZonPrep Acquires Wizard-Industries And FNSKU Studio As Amazon Inbound Volume Tops 20 Million Units Monthly

By Amit Chowdhry ● Today at 7:16 AM

ZonPrep has acquired Wizard-Industries and FNSKU Studio, bringing two Amazon-focused inbound logistics software platforms under the same ownership as its rapidly expanding physical fulfillment operation.

Physical Superintelligence Raises $58 Million Seed To Build AI Physics Lab And Virtual Physicist Platform

By Amit Chowdhry ● Today at 7:10 AM

Physical Superintelligence has launched with $58 million in seed funding to build what it describes as an AI-native physics laboratory staffed by virtual physicists capable of running large-scale simulations, testing hypotheses and designing physical systems. Breakthrough Energy Ventures led the financing.

Mech-Mind Robotics Lists In Hong Kong At HK$12.71 Billion Valuation As Deployments Top 29,000 Units

By Amit Chowdhry ● Today at 7:09 AM

Mech-Mind Robotics has listed on the Hong Kong Stock Exchange at a market capitalization of approximately HK$12.71 billion, marking another major public-market milestone for the rapidly expanding physical AI sector.

Enovis To Acquire eCential Robotics To Expand Surgical Robotics And ASTRA Enabling Technology Platform

By Amit Chowdhry ● Today at 6:58 AM

Enovis has entered a binding offer to acquire eCential Robotics, adding a modular surgical robotics and navigation platform to its orthopedic technology portfolio and accelerating its expansion into robotic-assisted surgery.

BOXABL Signs Agreement For Up To 1,500 Homes With LC Vegas Acquisitions

By Amit Chowdhry ● Today at 6:56 AM

BOXABL has entered into a multi-year purchase agreement with LC Vegas Acquisitions covering up to 1,500 factory-built homes over a three-year period, representing the company's largest announced residential purchase arrangement to date.

Cedar Rapids Metro Economic Alliance: Interview With President And CEO Juliet Abdel About Cross-Border Trade And Regional Growth

By Amit Chowdhry ● Today at 6:54 AM

The Cedar Rapids Metro Economic Alliance represents more than 1,200 businesses and supports the Cedar Rapids region through economic development, public policy, business support programs, and community development. Pulse 2.0 interviewed Cedar Rapids Metro Economic Alliance President and CEO Juliet Abdel to learn more.

Odyssey Energy Solutions Raises $74 Million As Platform Facilitates $3.6 Billion In Distributed Energy Capital

By Amit Chowdhry ● Today at 6:49 AM

Odyssey Energy Solutions has raised $74 million in new financing to expand its distributed renewable energy financing and procurement platform across Africa, Asia and Latin America. The financing consists of a $27 million equity round and $47 million of debt. New equity investors include Broadscale Group, FMO and Al Mada Ventures, while Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ and Transition Ventures participated again.

DNO To Acquire Capricorn Energy For $396 Million, Outbidding Genel By 10%

By Amit Chowdhry ● Today at 6:47 AM

DNO has reached an agreement to acquire Capricorn Energy in a recommended all-cash transaction valuing the London-listed energy company at approximately $396 million on a fully diluted basis, giving DNO a major entry into Egypt and topping the competing offer from Genel Energy.

Tesla Discontinues Solar Roof Tiles As Product Proves Financially Unviable

By Amit Chowdhry ● Today at 6:46 AM

Tesla has discontinued its Solar Roof tiles and informed certified third-party installers that the integrated roofing product will no longer be available to order, according to Electrek. Tesla will instead continue supplying conventional rooftop solar panels, completing a significant retreat from a product first introduced nearly a decade ago.

Anthropic Reportedly Signs $35 Billion Lambda Cloud Deal For 350 MW Texas AI Data Center

By Amit Chowdhry ● Today at 6:45 AM

Anthropic has signed a $35 billion cloud computing agreement with Nvidia-backed Lambda tied to a roughly 350 MW artificial intelligence data center in Texas, Reuters reported, citing a person familiar with the transaction.

GameStop Projects Q2 Net Income Up To $310 Million As eBay Gains Reach $238 Million

By Amit Chowdhry ● Today at 6:44 AM

GameStop released preliminary second-quarter 2026 results showing a sharp increase in profitability despite a substantial decline in sales, with approximately $238 million in gains from its eBay investment providing a major contribution to quarterly net income.