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Lufthansa Exercises Option to Take 90% of ITA Airways for 325 Million Euros, Pushing Italian Flag Carrier Fully Inside the German Group
Lufthansa will exercise its option in June to buy an additional 49% of ITA Airways from the Italian state for 325 million euros, lifting its stake to 90% and triggering full integration of the Italian flag carrier.
VoltaGrid Raises $1 Billion From Blackstone and Halliburton at More Than $10 Billion Valuation, Acquires Propell to Bring AI-Data-Center Power in House
Houston gas-microgrid maker VoltaGrid took $775M in primary and $225M in secondary from Blackstone Tactical Opportunities and Halliburton, and is buying its main supplier Propell to lock in a 7.5 GW order book through 2030.
SkyWater Stockholders Approve $1.8 Billion IonQ Merger, Clearing a Key Hurdle on the Path to a Vertically Integrated Quantum Foundry
SkyWater Technology stockholders voted this week to adopt the $1.8 billion cash-and-stock merger with IonQ, leaving regulatory approvals as the main remaining condition before a Q2 or Q3 2026 close.
Algorithmiq Closes 18 Million Euro Round Co-Led by CDP and United Ventures, Moves Global HQ From Helsinki to Milan
Quantum software startup Algorithmiq raised 18 million euros co-led by CDP Venture Capital and United Ventures, relocated its global headquarters to Milan, and pushed total funding to 36 million euros in what investors call Italy's largest quantum VC round.
Corgi Raises $160 Million Series B at $1.3 Billion Valuation Four Months After Series A, Plans Trucking Insurance Expansion
TCV-led round more than doubles Corgi's valuation in four months and funds the AI-native startup insurance carrier's move into trucking, taking total funding past $268 million.
Moonshot AI Closes $2 Billion Round at $20 Billion Valuation, Doubling in Months as Meituan-Led Investors Bet on Open-Weight Kimi
The Beijing lab behind Kimi K2.6 raised $2 billion led by Meituan's Long-Z Investments, lifting its valuation to $20 billion and bringing six-month funding to $3.9 billion as ARR cleared $200 million.
Cisco to Buy Astrix Security for Roughly $400 Million to Govern AI Agents and Non-Human Identities Across the Enterprise
The deal, announced May 4, brings the Israeli non-human-identity startup into Cisco's security platform alongside Identity Intelligence, Duo, Secure Access, and Splunk.
Arm Posts Record Q4 With $1.49 Billion Revenue and Says AGI CPU Customer Demand Has Doubled to $2 Billion Across FY27 and FY28
Q4 FY2026 results, announced May 6, 2026: revenue up 20%, license revenue up 29%, and AGI CPU demand running at twice the previously stated level.
IREN Acquires Mirantis for $625 Million in All-Stock Deal, Adding Kubernetes and OpenStack Software to Its AI Cloud Stack
Former bitcoin miner IREN will pay $625 million in shares for Mirantis, the long-standing OpenStack and Kubernetes vendor behind the k0rdent platform, layering enterprise infrastructure software on top of its 2 GW Sweetwater AI campus.
Rogo Closes $160 Million Series D Led by Kleiner Perkins as Wall Street Embraces Agentic AI
The New York AI startup, used by 35,000 finance professionals at firms like Rothschild and Jefferies, brought total funding past $300 million to scale Felix, its autonomous deal-workflow agent.
Microsoft Launches Its First-Ever Voluntary Buyout in 51 Years, Offering 8,750 US Employees a Rule-of-70 Exit on May 7
Microsoft will notify roughly 8,750 US employees on May 7, 2026 that they qualify for the company's first voluntary retirement offer, a Rule-of-70 program for senior directors and below.
Spirit Airlines Ceases Operations at 3 AM Eastern on May 2 After Failed $500M Trump Bailout and Iran-War Fuel Spike
Spirit Airlines ended 34 years of flying at 3 AM ET on May 2, 2026, after a $500 million federal rescue collapsed and jet fuel reached roughly $4.51 a gallon — double its restructuring assumption.