FIFCO USA invests $50M in the Genesee Brewery and Labatt USA

Rochester's brewing industry, FIFCO USA, the parent company of Genesee Brewery and Labatt USA, has unveiled a $50 million investment plan spread over the next three years. This ambitious project…

NNR May 6, 2024

Wire

Deriva Energy Collaborating with Brookfield to deliver renewable power to Microsoft

Deriva Energy, under the Brookfield umbrella, is excited to be a key player in the landmark renewable energy framework agreement recently unveiled between Brookfield and Microsoft Corporation. This deal marks…

NNR May 6, 2024

Wire

Zanskar Geothermal & Minerals raises $30 million

Zanskar Geothermal & Minerals (Zanskar), a pioneer in geothermal exploration, has successfully secured $30 million in a funding round spearheaded by Obvious Ventures. This financial infusion, featuring contributions from both…

NNR May 6, 2024

Wire

AstraZeneca bolsters stake in Cellectis with $140 million investment

AstraZeneca has completed a $140 million equity investment in Cellectis, a biotech firm at the forefront of gene-editing therapies. This transaction, which follows approval from the French Ministry of Economy,…

NNR May 6, 2024

Wire

Tech Data Capital to launch in Singapore, India, and Australia

Tech Data, a TD SYNNEX Company, has announced the launch of Tech Data Capital in key Asia Pacific markets. This initiative, which follows successful introductions in North America and Europe,…

NNR May 6, 2024

Wire

BrainChip and Frontgrade Gaisler to augment space-grade microprocessors with AI capabilities

BrainChip Holdings Ltd, a pioneer in neuromorphic artificial intelligence technology, has joined forces with Frontgrade Gaisler, a leader in space-grade system-on-chip solutions, to integrate BrainChip's Akida™ neuromorphic processor into Frontgrade…

NNR May 6, 2024

Wire

McAfee and Intel showcase AI-powered deepfake detection technology

McAfee has announced at the RSA Conference in San Francisco the enhancement of its AI-powered deepfake detection capabilities. The technology, which is integrated into the McAfee® Deepfake Detector, now leverages…

NNR May 6, 2024

Wire

Ambri agrees to proposed sale of business to lenders

Ambri, the provider of long-duration Liquid Metal battery storage systems, has agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders, pursuant to which…

NNR May 6, 2024

Wire

KKR acquires Leading Healthium Medtech Ltd

KKR, a prominent global investment firm, has announced the acquisition of Healthium Medtech Ltd., a top-tier Indian medical devices company. The transaction, facilitated by funds managed by KKR, involves the…

NNR May 6, 2024

Wire

Chinese SpacemiT launches RISC-V laptop, MuseBook, priced at around $300

Introducing the SpacemiT MuseBook The MuseBook is a groundbreaking laptop designed by the Chinese startup SpacemiT, tailored for hardware engineers, developers, and DIY enthusiasts. This device is not your average…

NNR May 5, 2024

Wire

Berkshire Hathaway reports significant slump in earnings for 2024

Berkshire Hathaway Inc. has announced its operating results for the first quarter of 2024, alongside a comparison with the same period in 2023. The conglomerate urges investors and the media…

NNR May 5, 2024

Wire

Water Engineering Inc. expands with acquisition of WET Solutions Inc.

Water Engineering, Inc. (WEI), headquartered in Omaha, NE, has successfully acquired Schaumburg, IL-based WET Solutions, Inc. This acquisition marks a significant step in WEI's expansion, bringing together two leading providers…

NNR May 4, 2024