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NuSummit Appoints Kunal Purohit Managing Director and CEO

NuSummit appointed Kunal Purohit Managing Director and CEO, succeeding Anantharaman Sreenivasan, to lead the AI-led cybersecurity, data, digital, and cloud transformation solutions provider into its next phase of growth.

Sumaria Systems Relocates Headquarters to Dayton

Sumaria Systems announced the relocation of its corporate headquarters to Dayton, Ohio, alongside a new facility and an expanded Digital Engineering Lab.

Kastle Raises $24M Series A for AI-Powered Banking Operations

Kastle raised a $24 million Series A led by Insight Partners to expand an AI workforce platform built for consumer lending operations.

Pave Finance Raises More Than $15M Series A for AI Portfolio Management

Pave Finance raised more than $15 million in an oversubscribed Series A at a $100 million pre-money valuation to expand its advisor platform and team.

Positron AI Raises $875M at a $5B Valuation

Positron AI raised $875 million across Series C financing at a $5 billion post-money valuation to commercialize memory-first inference systems.

Enbridge Names Michele Harradence President and Chief Executive Officer

Enbridge appointed Michele Harradence President and CEO effective January 1, 2027, succeeding Greg Ebel, who will retire as President and CEO on December 31, 2026.