Real Test for China’s ‘Four Little GPU Tigers’ Has yet to ComeWSJ · 17h
Oil is scary againFT · 17h
Private equity’s ‘Waiting for Godot’ era continuesFT · 19h
Virgin Media O2 owners target £600mn in cost cutsFT · 19h
EU looks for new path to tap Russian assets for UkraineFT · 19h
The Unrelenting Bond Selloff Puts the 10-Year Yield on the Cusp of 5%WSJ · 23h
Tech
Cyberattack by Rogue AI Swarm Stokes Fears of Out-of-Control AgentsWSJ · 37m
The Fed Is Poised to Raise Interest Rates for the First Time in YearsWSJ · 1h
Tech, Media & Telecom Roundup: Market TalkWSJ · 2h
JPMorgan cut off Situational Awareness lending after AI lossesFT · 2h
Opinion | New York City’s School AI Ban Goes Too FarWSJ · 2h
AI Is Creating New Trust Problems Between ColleaguesWSJ · 4h
UK economy unexpectedly grew 0.4% in July boosted by AI surgeFT · 6h
Why the AI race has its creators fearing human extinctionFT · 6h
How PayPal’s CEO Is Planning to Go It Alone and Fix the Payments GiantWSJ · 6h
The High-Risk Sprint to SuperintelligenceWSJ · 7h
Anthropic Says Iran Used Its American AI Model to Target U.S. Navy WarshipsWSJ · 9h
Why Oracle’s New Data Platform MattersWSJ · 9h
What we still haven’t learnt from 9/11FT · 10h
The Morning Risk Report: How Chinese AI Firms Tried to Clone U.S. AI ModelsWSJ · 11h
Time to start taking AI risks seriouslyFT · 12h
OpenAI’s Fidji Simo to Join Board of Cloud Provider Nscale Ahead of IPOWSJ · 12h
The Special Forces Ethos Driving Goruck’s Co-FoundersWSJ · 13h
Ipsen Weighs U.S. Manufacturing InvestmentWSJ · 13h
Desperately seeking UK data centre dataFT · 13h
Houthis used Anthropic AI to try to build ballistic missilesFT · 13h
Big AI’s open-model problemFT · 18h
Elon Musk’s gas turbines could shake up the backlogged sectorFT · 19h
Europe’s difficult choices on AIFT · 19h
Will US debt burst the AI bubble? With Ruchir SharmaFT · 19h
Congress Is Suddenly Waking Up to the AI Doomsday ThreatWSJ · 20h
The Race for the Next Big Weight-Loss Drug Is On—and China Wants InWSJ · 23h
Deal Flow
M&A / Strategic
Saudi's PIF is considering combining Electronic Arts with Savvy Games to create one of the world's biggest gaming firms worth over $75B12h
Italian lender Intesa Sanpaolo approved the issuance of new shares to finance its $41.2B takeover bid for peer BMPS12h
US is investigating Nvidia's $20B licensing deal with AI chip startup Groq12h
Centerbridge-backed real estate lender Aareal Bank is considering a bid for Cerberus-backed Hamburg Commercial Bank, which is seeking over $3.8B12h
Activist Barington Capital took another stake in $3.5B-listed retailer Bath & Body Works and is pushing for a sale12h
Owner Clearlake Capital is nearing a deal to acquire billionaire financiers Mark Walter and Todd Boehly's stakes in UK soccer club Chelsea FC for well over $3.5B12h
Vauban Infrastructure Partners emerged as the lead bidder for EQT-backed GlobalConnect's fiber business in Sweden, which could fetch over $2.3B12h
Southeast Asia biggest ride-hailing group Grab Holdings is in talks to buy a majority stake in Singapore-based BNPL platform Atome Financial from Advance Intelligence Group at an over $2B valuation12h
Online vehicle auctioneer Copart agreed to acquire car digital marketplace ACV Auctions for $1.9B cash at a 45% premium12h
Italian app investor Bending Spoons agreed to acquire workplace-collaboration platform Miro in a $1.8B cash deal, including cash12h
Abu Dhabi SWF Mubadala backed China's biggest coffee chain Luckin Coffee following a $1B deal with PE owner Centurium Capital12h
Constellation Energy will acquire a Rhode Island gas-fired power plant from Shell for $715M12h
Australia's Macquarie is in advanced talks to acquire energy infrastructure services provider SI Solutions from MidOcean Partners for $600M, including debt12h
Rob Arnott, the founder of smart-beta pioneer Research Affiliates, sold RAFI Indices to TMX Group for $490M and will use the remaining $30B investment manager Syzygy to push deeper into active investing12h
Hong Kong-based luxury goods dealer New Sparkle Roll International is considering selling its 10% stake in $225M-listed Danish audio brand Bang & Olufsen12h
Asian investment firm Boyu Capital agreed to acquire Xiamen Aircraft Leasing12h
UK sports-focused consumer brand THG is attracting bid interest for some of its non-core non-sports nutrition brands, which could sell of over $150M12h
US-backed tin company Nathan Trotter agreed to buy 100% of the metal concentrates produced by Aussie miner Huntore in a multiyear offtake agreement financed by STG Metals12h
Saudi Aramco is considering a sale of its specialty chemicals business Arlanxeo12h
Shell will acquire 100% equity in Hunlock Creek Generating, which owns 169 MW of natural gas-fired generation capacity in Pennsylvania12h
Brazilian ID verification company Unico agreed to acquire Argentine rival Valida12h
Apollo Sports Capital is interested in investing in an NFL team12h
Africa's most valuable bank FirstRand is pushing to wrap up the sale of its Aldermore Group UK unit by year-end12h
France's TotalEnergies signed agreements to buy a 40% operated interest in two new exploration blocks in Angola12h
VC
Musk's The Boring Company raised a $3B Series D at a $23B valuation led by UAE12h
Chip startup Positron AI raised $875M at a $5B valuation12h
AMD-backed South Korean AI startup Upstage is considering a pre-IPO funding round12h
Motive, an AI platform for physical operations, raised $1.3B in growth financing from General Catalyst's Customer Value Fund12h
Positron, an AI inference hardware company, raised an $875M Series C at a $5B post-money valuation co-led by NEA, Atreides Management, Valor Equity Partners, Andra Capital, SemiAnalysis Capital, and Jim Clark12h
Mach Industries, a defense tech startup, raised a $600M Series C extension at a $3.7B valuation from Ribbit Capital, Infinite Capital, Bedrock Capital, and Sequoia12h
UniPat AI, a startup focused on training and benchmarking AI models in real-world scenarios, raised a $300M round at a $2.5B valuation led by Alibaba12h
TAR, an off-grid power systems provider for AI data centers, raised a $120M Series A at a $1B post-money valuation led by Spark Capital12h
Crypto exchange Kraken raised $100M from Nasdaq to fund development of tokenized stock trading12h
Maven Robotics, an industrial robotics startup, raised $100M from RoboStrategy, LocalGlobe, Vine Ventures, and XTX Markets Ventures12h
Highstock, a startup addressing unproductive retail inventory, raised a $30M Series A led by a16z12h
Luminary, an AI-native wealth transfer and administration platform, raised a $22M Series A led by Ten Coves Capital12h
IPOs / Listings / Issuances / Block Trades
Silver Lake and Intel-backed chipmaker Altera is preparing to file confidentially for a potential $2B IPO12h
Amman Mineral Internasional, one of Indonesia's biggest copper and gold producers, picked banks for a $1B Hong Kong listing12h
THL-owned semiconductor automation company Brooks Automation confidentially filed for an IPO12h
Chinese robotics startup Galaxea AI is facing regulatory uncertainty over its Hong Kong IPO plans12h
Debt
Pharma CDMO Catalent sold $4.7B of debt for a refinancing12h
Indian telecom Vodafone Idea raised $3.5B from lenders led by State Bank of India to rebuild its business12h
Vantage Data Centers is in talks to raise $2B in debt from PIMCO and PGIM12h
Blackstone and CPPIB-owned UK leisure park operator Merlin Entertainments is seeking an $890M loan backed by the London Eye, Shrek's Adventure! London, and other UK attractions12h
Bankruptcy / Restructuring / Distressed
The largest creditors to French real estate services provider Emeria signed NDAs barring them from trading the firm's debt as they step up talks with owners over a $410M cash injection12h
Reforma
Reportan otro derrame de petróleo en el Golfo de MéxicoNacional · 1h
Cierra crudo semana arriba de los 100 dólaresNegocios · 2h
Pide CCE a Hacienda analizar límite a deduccionesNegocios · 2h
Cae operadora estadounidense del Cártel de SinaloaPortada · 4h
Megagolpe de huachicol se tambalea ¡por trámite!Portada · 12h
Aunque bajan los robos, suben fraude y extorsiónPortada · 12h
Saquean con firmas falsas en Congreso de GuerreroPortada · 12h