Business
Making business sense of technology trends: product launches, cloud, chips and the companies behind them.

Navitas Acquires Claros to Expand AI Power Delivery
Navitas Semiconductor closed its acquisition of Claros, integrating integrated voltage regulator technology to expand its AI infrastructure portfolio.

Mistral AI Raises €3 Billion in Series D Funding Round
Mistral secured €3 billion in Series D funding led by Samsung Electronics, reaching a valuation exceeding €21 billion.

SAP Agrees to Acquire AI Platform Provider TechWolf
SAP announced an agreement to acquire AI work intelligence platform TechWolf to enhance its enterprise workforce capabilities.

Locafy to Acquire Map Labs in Deal Worth Up to US$3 Million
Locafy has agreed to acquire U.S.-based Map Labs' assets and customer base to expand its revenue, operating profitability, and U.S. presence.

GoDaddy faces class action lawsuit over domain promotion disclosures
Investors filed a class action lawsuit accusing GoDaddy of hiding a discounted domain promotion that allegedly impacted bookings growth and drove a stock drop.

Tech IPO calendar this week (Sep 29–Oct 5, 2026): 3 deals to watch
This week's US tech IPOs: 0 priced, 3 expected, 0 new or updated filings, 0 postponed or withdrawn.

Toyota says electrified models made up 58.2% of US sales in September
Toyota Motor North America reported 117,215 electrified vehicle sales in September, a 37.8% volume increase, with 32 electrified Toyota and Lexus models now at dealers.

Y Combinator names Vivian Midha Shen and Raphael Schaad partners
The accelerator says both founders spent the last two batches as Visiting Partners and will now work with companies from their first weeks in the batch onward.

Brightline Interactive closes $1.25m PIPE led by drone executive
The Nasdaq-listed company says the proceeds will fund SpatialCore, a platform meant to give sensors, robots and digital twins a shared view of the physical world.

Leidos adds AT&T COO Jeff McElfresh to its board of directors
The defense and digital services contractor said McElfresh will sit on its Technology and Information Security committee as its board grows to 11 members.