THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

PHOTO: DGTLINFRA

Big Tech’s data center boom poses new risk to US grid operators

Data Center Alley (pictured), a 30-square-mile stretch in Virginia and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those centers suddenly dropped off the grid and switched to on-site generators. Read here

Bain-owned Bridge Data

gets record $2.8B loan

The data center operator held by the Boston-headquartered private investment giant has obtained a loan for its operations in Malaysia, marking the platform’s largest bank financing deal ever. Read here

PHOTO: BAIN CAPITAL

Pfizer sells entire stake in Sensodyne-maker Haleon

The New York-based pharmaceutical and biotechnology company will offload its remaining 662 million ordinary shares, or 7.3%, in the British consumer healthcare group, which was created in a merger with GSK. Read here

PHOTO: JÁNOS KOROM

2006_05_05_Pfizer_Latina_Italy_051_(51092328338)János Korom

NEWS WORTH NOTING

Nvidia, Google DeepMind to power Disney’s robots

The California-based artificial intelligence specialist and the British AI research company are collaborating with Disney Research to develop Newton, a physics engine to simulate robotic movements. Read here

PHOTO: NVIDIA/DISNEY

DEALS ROUNDUP

INTERNATIONAL MARKETS

Nykredit takes 80% stake in Spar Nord, plans takeover

The Danish lender has secured a share of more than 80% in its domestic rival following a $3.6 billion bid for the bank last year, as it aims to complete a delisting of its stock. Read here

Axel Springer weighs sale of marketing business Awin

The German media group is considering a sale of its affiliate marketing unit following the planned break-up that its owners agreed to last year. Read here

ArcelorMittal, South Africa in funding deal to save mills

Pretoria is nearing an agreement to provide financing to the Luxembourg mining firm’s local unit and keep the steel mills open, which are crucial for the nation’s economy. Read here

Tencent boosts AI spending in 2025 after Q4 results

The Chinese technology giant plans to accelerate capital expenditure this year as it doubles down on artificial intelligence development and infrastructure. Read here

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