Amit Chowdhry

MAI Capital Management – a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families – announced the acquisition of Concentric Wealth Management. The terms of the deal were undisclosed.

Red Hat, a leading provider of open-source solutions, announced that it has completed its acquisition of Neural Magic, a pioneer in software and algorithms that accelerate genAI inference workloads. With Neural Magic, Red Hat gains expertise in inference performance engineering and model optimization, helping further the company's vision of high-performing AI workloads that directly map to unique customer use cases, wherever needed across the hybrid cloud.

Moody's announced that it has agreed to acquire CAPE Analytics, a provider of geospatial AI intelligence for residential and commercial properties. This acquisition combines Moody's industry-leading Intelligent Risk Platform and catastrophe risk modeling for the insurance sector with CAPE's cutting-edge geospatial AI analytics, creating a sophisticated property database that delivers instant and address-specific risk insights.

Twentyeight Health, a leading digital-first women's healthcare platform delivering convenient, affordable, and stigma-free reproductive and sexual care in 43 states, announced:

Synthetic biology company Esphera SynBio announced the closing of a $2 million seed financing round. The funding builds on the company's advanced R&D activities and proceeds are directed at identifying an initial cancer vaccine clinical candidate and general corporate purposes. And seed investors GKCC and FACIT supported the financing.

De-extinction company Colossal Biosciences announced $200 million in a Series C funding round by TWG Global, jointly led by Mark Walter and Thomas Tull. And Colossal's additional strategic investors include funds such as USIT, Animal Capital, Breyer Capital, At One Ventures, In-Q-Tel, BOLD Capital, Peak 6, and Draper Associates, and others and private investors including Robert Nelsen, Peter Jackson, Fran Walsh, Ric Edelman, Brandon Fugal, Paul Tudor Jones, Richard Garriott, Giammaria Giuliani, Sven-Olof Lindblad, Victor Vescovo, and Jeff Wilke.

DIRECTV announced it acquired the majority ownership of INVIDI Technologies, a leader in addressable television advertising solutions that increase the value of advertising inventory for programmers and distributors by enabling marketers to target specific audiences on television without wasting ad impressions.

Ubiety Technologies announced that it has completed a $10 million Series A-1 financing. This funding will be used to enhance its product, accelerate the development of its proprietary AI engine, and expand go-to-market capabilities to meet the needs of its rapidly growing customer base.

Global alternative asset management firm TPG announced that Kathy Elsesser has joined its Board of Directors as an independent director, effective immediately.

Aligned Data Centers, a leading technology infrastructure company providing innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyper-scale and enterprise customers, announced it has completed another funding round totaling over $5 billion of new primary equity and over $7 billion of new debt commitments to fund accelerated platform expansion and ongoing innovation.