Super Power Buys Pazgaz Energy as Israel's Power Resellers Merge
Israeli residential electricity supplier Super Power will pay up to NIS 25 million for rival Pazgaz Energy, cutting the number of suppliers from seven to six.
Corporate Strategy
Audi Plans Its First US Plant in Georgia With $4 Billion
Audi intends to invest around $4 billion in a Georgia site that would employ about 4,500 people and build up to 200,000 premium SUVs a year.
Nvidia's Role as AI Financier Faces Its First Big Test
Neocloud shares are down at least 30% this month and CoreWeave's bond yields top 15%, putting the guarantees and stakes Nvidia has built around its chip customers under scrutiny.
Dayforce Signs a Deal to Buy Interview-AI Company Ribbon
The HR software company will add Ribbon's voice and video AI interviewer, sourcing tools and outreach features to a new agentic recruiting product.
Gilead Pays $1.275 Billion for PepStar's Oral IL-23R Drug
Gilead will buy an early-stage oral inflammation drug program from private biotech PepStar, with all of the money due in cash at closing.
Side acquires Roboto Entertainment and opens a studio in Chengdu
Games services provider Side has bought boutique art studio Roboto Entertainment, opening a new studio in Chengdu and naming founder Andrea Cordella its Global Head of Art.