Ecolab agreed to purchase CoolIT Systems from KKR for about $4.75 billion in cash to expand its offerings in AI data center liquid cooling. The business is forecast to add approximately $550 million in sales over the next year and become accretive to earnings by 2028.
Its client list includes Nvidia and AMD.
The step aligns with broader industry movement away from traditional air-based systems toward liquid alternatives needed to manage elevated processor densities in AI environments.
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NVIDIA has partnered with SB Energy to secure an initial 4.25 IT-GW of AI capacity at the PORTS-Pike campus in Ohio, with OpenAI as the customer for the full 8 IT-GW site under a 20-year lease. The agreement features a $1.5B NVIDIA investment in SB Energy, credit support for the buildout, creation of tens of thousands of jobs and an $80M community benefits fund.
The fifth beta of iOS 27 arrived this week alongside an alleged iPhone 18 Pro Max battery leak showing 5,391 mAh capacity, screen protector images confirming asymmetric corners on the foldable iPhone Ultra, and Mark Gurman's report on radical Apple Watch redesigns that may include round faces and screenless trackers.
ShinyHunters obtained and later leaked personal data belonging to 1.6 million RingCentral accounts after a July breach. The incident touched only a limited portion of the cloud communications provider’s customers and left core services untouched.
