Entrepreneur News Network

SLB to Acquire Kelvion, Expanding its Role Across Data Center Infrastructure

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Houston, September 1, 2026 — The next bottleneck in artificial intelligence may not be chips. It may be heat. That is the thesis behind SLB’s $4.1 billion acquisition of Kelvion, a global provider of thermal management and heat-exchange technologies. The oilfield-services giant has agreed to acquire Kelvion for approximately $3.4 billion in cash and assume … Read more

Solidion Technology Secures $1 Million Non-Dilutive Bridge Financing

Solidion

Solidion Technology Inc. (Nasdaq: STI), a leading provider of advanced battery technology solutions, has announced the successful execution of a $1 million non-dilutive bridge financing facility with one of its major shareholders. The funding will provide additional working capital to accelerate Solidion’s ongoing expansion while ensuring that existing shareholders are not diluted. Strengthening Financial Stability … Read more