Accelevation Prices $540M Nasdaq IPO at $18 to Fund AI Growth
Accelevation Holdings Corp. prices its $540M Nasdaq IPO at $18.00 per share to expand AI data center power systems and repay term loan borrowings.
Artificial Intelligence
Market-focused coverage of artificial intelligence companies, infrastructure spending, business models, and adoption. We examine the filings, financial metrics, and competitive forces behind the headlines.
CleanSpark Closes $2.276B Notes for Meta AI Campus
CleanSpark subsidiary CSDC Finance closed $2.276B in 7.875% notes due 2031 to fund its Meta-leased 175 MW Sandersville AI data center campus.
Cognex to Acquire RealSense in $500M Cash Deal for Robotics
Cognex agreed to acquire Intel spin-out RealSense for $500M in cash plus $106.5M in equity and retention, targeting the $1.6B robotic perception market.
Iambic Therapeutics Files Form S-1 for Nasdaq IPO Under IAM
Iambic Therapeutics filed a Form S-1 with the SEC to list on Nasdaq under IAM, backed by Nvidia and Coatue, with $207.9M in cash and clinical HER2 data.
Sandisk Enters S&P 100 as Nike Exits in Mega-Cap Rebalance
Sandisk joins the S&P 100 on Monday, Sept. 21, replacing Nike as a 600% AI memory rally eclipses legacy consumer blue chips. Here is what the shift means.
Apple’s $100 iPhone 18 Pro Hike Meets 3-Week Delivery Backlog
Apple’s iPhone 18 Pro and Pro Max arrived in stores with a $100 price hike. But 3-week delivery delays show strong demand, lifting Q1 blended ASPs.
Senate Blocks AI Data Center Bill: What It Means for Stocks
The Senate blocked the Ratepayer Protection Act. Here is what the clash over AI data center grid costs means for power producers and hyperscalers.
Generac Surges 25% on $8B Amazon AI Data Center Power Deal
Generac stock jumped 25% after signing an $8 billion generator supply agreement with Amazon Web Services, including warrants to buy 1.69 million shares.
CoreWeave Launches $3B Convertible Debt Sale for AI Buildout
CoreWeave announced a $3B Rule 144A convertible senior notes offering due 2033 with capped calls to lower financing costs and fund AI infrastructure capex.
Intel and SK Hynix Jump on Talks for US Memory Chip Fab Deal
Intel and SK Hynix shares jumped over 3% after reports revealed talks to manufacture memory chips at Intel’s Ohio fab, reshaping the US semiconductor footprint.