Wise’s US Banking Ambitions Hit Roadblock as OCC Rejects Application
Wise shares drop after OCC rejects its US national trust bank application over compliance issues and policy changes. Firm plans new GENIUS Act bid.
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Oracle Wins Nearly $7 Billion Pentagon Software Deal to Streamline Military Systems
Defense Department signs up to 10-year, nearly $7 billion Oracle contract to unify software licensing, cut costs, and save taxpayers $441 million.
Safety Insurance Group to Be Acquired by Mapfre in $1.54 Billion All-Cash Deal
Shareholders get $105/share (44% premium). Deal set to close in Q1 2027.
NVIDIA Backs Amkor with $1.5B to Expand Advanced Packaging for Next-Gen AI
NVIDIA funds Arizona expansion to boost U.S. AI infrastructure capacity.
AMD and Cerebras Partner on Ultra-Low-Latency AI Inference System
AMD and Cerebras team up to build faster AI systems that deliver quick answers while using less energy for real-time tasks.
Progress Software Acquires Domo’s AI Platform for $400 Million in Cash
The move strengthens Progress’s AI infrastructure and data governance capabilities.