Tech & Software · Week of Oct 26, 2026
AI demand drives compute, cooling and energy deals: the week in tech
AI infrastructure demand ran through the week's deals, from a GPU compute contract to data center cooling and a carbon capture SPAC target.
Demand tied to artificial intelligence was the clearest thread across this week's releases. Forum Markets says its Forum Edge AI joint venture signed a $94.4 million, 36-month agreement to reserve Nvidia B300 GPU capacity for Fireworks in Dallas. Vertiv completed its purchase of King Environmental Services Ltd. to extend thermal and fluid management services for high-density and AI-driven environments into Europe, the Middle East and Africa. GigCapital9 says its proposed combination with a carbon capture company is aimed partly at the firm power needs created by AI-driven growth in electricity demand.
Elsewhere, the week was dominated by corporate housekeeping and capital markets events. FF EAI Robotics Ecosystem Inc. scheduled its listing ceremony and investor day for October 26, and 111, Inc. named advisors to a special committee of independent directors. Jack Henry was named to a Forbes trust ranking, Avantor appointed a new Chief Information Officer, and Artmarket.com weighed in on how publishers and literary prizes are responding to AI.
FF EAI Robotics Ecosystem Inc.
FFR to Hold Listing Ceremony and Investor Day on October 26; FFAI Announces Rescheduling of YT Jia's Investor Weekly Report to October 26
Faraday Future says YT Jia's Investor Weekly Report was rescheduled to October 26, the same day FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) holds its Listing Ceremony and Investor Day. FFR management is set to outline the company's plans at the event, giving investors a first formal look at the newly listed entity.
GigCapital9 Corp.
GigCapital9 Announces Letter of Intent for Proposed Business Combination with a Leading Clean Energy Technology Company
GigCapital9 Corp. (Nasdaq: GIX) says it signed a non-binding Letter of Intent for a proposed business combination with an unnamed clean energy technology company focused on post-combustion carbon capture. The company frames the deal as a route to public markets for technology supporting clean, firm power for growing AI-driven electricity demand; the LOI is not binding.
FORUM MARKETS Inc
Forum Edge AI Announces $94.4 Million Definitive AI Cloud Services Compute Agreement with Fireworks
Forum Markets (Nasdaq: FRMM) says its joint venture Forum Edge AI LLC signed a definitive 36-month agreement with Fireworks to reserve Nvidia B300 GPU capacity at its Dallas data center, with a total contract value of approximately $94.4 million. Fireworks has paid a substantial prepayment deposit, and the company expects the GPUs to be deployed in late December or early January.
111, Inc.
111, Inc. Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee
111, Inc. (NASDAQ: YI), a tech-enabled healthcare platform company in China, says the special committee of three independent directors has appointed an independent financial advisor and legal counsel. The appointments are a procedural step in the committee's work, which the excerpt does not describe in detail.
Vertiv Holdings Co
Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services
Vertiv says it completed its acquisition of King Environmental Services Ltd., adding fluid management, commissioning and load-testing expertise in Europe, the Middle East and Africa. The company says the deal extends its thermal services for high-density and AI-driven environments beyond its existing North American capabilities.
Jack Henry & Associates, Inc.
Forbes Names Jack Henry One of America's Most Trusted Companies
Jack Henry (Nasdaq: JKHY) says it was named to Forbes' Most Trusted Companies in America 2027 list, ranking No. 113 among U.S. public companies with more than 5,000 employees. The company says the ranking reflects trust among employees, clients and investors.
Avantor and Financial News
Avantor appoints new Chief Information Officer
Avantor, Inc. (NYSE: AVTR), a supplier to the life sciences and advanced technology industries, says it has appointed Mikey Santiago as Chief Information Officer. The excerpt does not detail the scope of the role.
Artmarket.com
Artprice by Artmarket: Defending Authors' Creative Freedom with AI
Artmarket.com's Artprice says the fall 2026 literary season has brought frequent statements on AI from publishers and literary prize organizations, ranging from rejecting AI-generated writing to tolerating AI-assisted research and requiring disclosure. The company positions its commentary as a defense of authors' creative freedom to use AI.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not AppsTrends reporting.