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Nvidia-backed VAST Data Valuation Triples to $30 Billion Amid AI Infrastructure Boom

Key Points: VAST Data reached a massive $30 billion valuation after completing its latest Series F funding round on Wednesday. The New York-based software company raised roughly $1 billion in primary and secondary capital during the round. The company builds critical software that helps massive corporations store and process data for artificial intelligence systems. VAST Data recently signed a massive $1.17 billion commercial agreement with...

Spirit Aviation Stock Surges 500% on Rumors of Government Bailout

Key Points: Spirit Aviation's stock skyrocketed more than 500% after reports surfaced about a potential government bailout. The Trump administration is reportedly discussing a $500 million loan to save the struggling low-budget airline. The government would receive financial warrants in return, potentially taking a stake in the company. Spirit entered bankruptcy twice since 2025 following failed merger attempts with JetBlue. Spirit Aviation experienced an absolutely...

EU Drafts New Merger Rules to Shield Startups but Excludes Big Tech

Key Points: The European Union plans to overhaul its merger rules for the first time in more than two decades. A new proposed 'innovation shield' will allow startups to secure antitrust approval for beneficial deals quickly. The shield completely excludes massive Big Tech companies and dominant market players from using the fast-track process. The draft rules also allow companies to argue for mergers on the...