Explore business insights, trends, and tips to boost success and stay competitive.
Energy
Meta Platforms Inc. has entered a 20-year agreement with Constellation Energy Corp. to buy 1,121 megawatts of electricity from the Clinton nuclear plant in Illinois, marking the tech giant’s largest power deal to date. The contract, which begins in mid-2027, aligns with Meta’s soaring energy needs driven
Healthcare
In a bold move to solidify its international presence, Hims & Hers Health announced Tuesday it will acquire Zava, a prominent European telehealth platform. The acquisition marks a pivotal step in the U.S.-based company's strategy to expand beyond domestic borders and tap into growing demand for
Food
Roark Capital, the private equity powerhouse behind some of the biggest names in food service, has acquired a majority stake in Dave’s Hot Chicken, the rapidly expanding Nashville-style chicken brand that has captured the attention—and taste buds—of a new generation of diners. While the financial terms were
Data Analytics
The consolidation wave in the data infrastructure space rolled on this week as Snowflake announced its acquisition of Crunchy Data, a long-standing PostgreSQL specialist. While terms of the deal were not disclosed, a source familiar with the matter estimated the acquisition to be worth around $250 million. This marks Snowflake’
Finance
Fintech firm Chime is preparing to launch what could be one of the most closely watched IPOs of 2025, with its newly announced share price range of $24 to $26 pointing to a market capitalization of up to $11.2 billion. The midrange pricing would bring in $800 million, benefiting
Artificial Intelligence (AI)
On Monday, IBM announced its acquisition of Seek AI, a New York City-based artificial intelligence startup that enables users to query enterprise data using natural language. Though the financial terms of the deal remain undisclosed, the move underscores IBM’s continued push into enterprise AI, a strategy that’s been
Artificial Intelligence (AI)
Artificial intelligence is reshaping the business landscape faster than ever, and nowhere is that more evident than in the realm of speech and voice AI. ElevenLabs, the well-funded voice tech startup founded by ex-Palantir engineers, has just unveiled Conversational AI 2.0—a major leap forward in its platform designed
Artificial Intelligence (AI)
Grammarly, the AI-powered writing assistant known for helping millions of users improve their written communication, has secured a $1 billion capital commitment from General Catalyst. This substantial funding, announced recently, is part of an alternative financing strategy that offers a crucial lifeline to late-stage startups navigating today’s tighter capital
Artificial Intelligence (AI)
Perplexity, the AI-driven search engine making waves as a potential rival to Google, has unveiled a powerful new tool for its Pro subscribers: Perplexity Labs. The tool, available now on the web, iOS, and Android (with Mac and Windows apps to follow), aims to move the platform beyond search and
Games
In a rare and unexpected move, Apple has made its first-ever video game studio acquisition, welcoming the two-person team behind Sneaky Sasquatch—RAC7—into the fold. While Apple insists this is a unique, situational acquisition rather than a broader shift in strategy, the decision offers meaningful insight into how the
Cybersecurity
Horizon3.ai, a San Francisco-based cybersecurity startup, is raising $100M in a round led by NEA, with $73M already secured, per an SEC filing. The funding will support expansion of its AI-powered security tools amid strong growth. While neither Horizon3.ai nor NEA have commented publicly on the funding, sources
Style & Beauty
In a bold move to expand its footprint in the prestige beauty market, e.l.f. Beauty (NYSE: ELF) announced Wednesday it has signed a definitive agreement to acquire rhode, the skincare brand founded by Hailey Rhode Bieber. The deal was revealed alongside e.l.f.’s Q4 earnings for