Business

Private-credit lenders took control of Medallia as its debt burden exposed cracks in software lending.

Data centers are turning to on-site natural-gas fuel cells as AI power demand outpaces the grid.

Charlesbank’s $700 million Wood Smith deal tests whether private equity can crack the legal industry through AI and creative dealmaking.

DraftKings is turning profitable as prediction markets open a new path for growth.

Nvidia’s earnings and SaaS’s rebound show AI shifting from hype to real-world adoption.

AI spending is surging, but revenue and adoption have yet to keep pace.