Deal

Saudi Aramco → Humain

Saudi Aramco takes a 49 percent stake in AI firm Humain with a $2.6 billion deal. Humain is the company meant to turn Saudi Arabia into a global AI hub.

Omen AI → Aquatic Labs

Omen AI adds liquid know-how in a $16 million acquisition of Aquatic Labs. Two startups tackling the data center water problem are joining forces in the deal.

CrowdStrike → Fiddler AI

CrowdStrike agreed to acquire Fiddler AI, which helps monitor AI agents, for approximately $400 million, mostly in cash. The deal comes as companies deploy AI agents faster than some security teams can establish controls.

Disruptive • Unknown

Dallas-based investment firm Disruptive raised $10 billion to invest in AI, defense, and software, doubling its assets under management. The firm is pivoting from single-deal SPVs to a discretionary fund structure and plans to back 10 later-stage companies with $1 billion each.