The Dallas-based company said the financing consists of two separate transactions: $188 million in equity raised from existing and new investors, and a $345 million construction loan for a new data center under development in the Atlanta market.
Caris Life Sciences, the Irving-based biotech company, announced Thursday that it closed a senior secured term loan providing up to $400 million in capital from OrbiMed and Braidwell, bringing its funding total since 2018 to roughly $1.7 billion....
The duo behind ImpactX Partners has developed a credit-building loan service making it easy and affordable to prop up lagging credit scores without going into further debt.
John Steinmetz, CEO of the Dallas-based community bank, wants businesses to know there's an alternative to the PPP. Main Street Lending Program loans range from $250,000 to $300 million and are meant to help businesses that were profitable pre-COVID survive.
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....