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

Mobile_phone_with_ChatGPT_on_the_US_dollar_banknotes_background_(52917311695)_Jernej Furman

PHOTO: JERNEJ FURMAN

OpenAI to raise $40B at $340B valuation, eyes $12.7B revenue

The artificial intelligence pioneer is reportedly nearing the completion of a $40 billion funding round led by SoftBank Group that is expected to include participation from prominent investors such as Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management. Read here

Insight Partners may sell PDI Technologies for $4.5B

The New York-based private equity and venture capital firm has engaged an adviser to gauge potential interest in the provider of software to convenience stores headquartered in Georgia, according to a report. Read here

PHOTO: PDI

GameStop raising $1.3B via debt to buy bitcoin

The Texas-based video game retailer is securing funding through convertible senior notes that will have a five-year maturity, adding its name to the list of firms issuing debt to raise funds for bitcoin acquisition. Read here

PHOTO: BENTLEYMALL

NEWS WORTH NOTING

Nvidia is reportedly in talks to acquire Lepton AI

The California-headquartered semiconductor and artificial intelligence giant is nearing a deal to buy the company that rents out servers that are powered by Nvidia’s AI chips, according to reports. Read here

PHOTO: WILL BUCKNER

DEALS ROUNDUP

INTERNATIONAL MARKETS

Buyout firms circle $5.4B Nestle Water business

PAI Partners, Bain Capital, Clayton Dubilier & Rice, and KKR are among the companies considering bidding for the Swiss food and beverage group’s hydration solutions unit. Read here

Excelerate Energy eyes $1B deal for New Fortress unit

The liquefied natural gas infrastructure provider is close to acquiring the Jamaica business of its smaller rival, according to people familiar with the matter. Read here

Asker Healthcare jumps in Europe’s biggest 2025 IPO

Shares in the Swedish medical products provider rose above their initial public offering price on their first day of trading on the Nasdaq Stockholm exchange. Read here

India to double investment limit for foreign individuals

The country's central bank is set to increase to 10% a cap on investment by foreign investors in listed companies, as it aims to boost capital inflows. Read here

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