Tech & Software · Week of Oct 26, 2026
Deals and AI infrastructure bets: the week in tech and software
Deals dominated: a SPAC letter of intent, two completed acquisitions, a divestiture, a GPU compute contract and enterprise software tie-ups.
Deal activity ran through the week's releases. GigCapital9 signed a non-binding letter of intent with a carbon capture company, FF EAI Robotics Ecosystem completed its acquisition of Faraday Future's robotics business, Vertiv closed its purchase of King Environmental Services Ltd., and CAE agreed to sell its Flightscape airline operations software business to SITA.
Demand tied to AI infrastructure was a recurring rationale. GigCapital9 cited power demand driven by AI applications, Forum Markets' Forum Edge AI joint venture signed a $94.4 million GPU capacity agreement with Fireworks, and Vertiv framed its deal around thermal services for high-density and AI-driven environments. On the enterprise side, Docusign is having its agreement products sold as SAP solution extensions, Cognizant agreed a five-year framework with the EBRD, and Cyngn reported a clean SOC 2 Type II examination.
FF EAI Robotics Ecosystem Inc.
FF EAI Robotics Ecosystem Completed its Acquisition of the Robotics Business of Faraday Future, Establish Nasdaq-Listed Humanoid and Bionic Robotics Platform
FF EAI Robotics Ecosystem Inc. says it has completed its acquisition of Faraday Future's robotics business, establishing a Nasdaq-listed humanoid and bionic robotics platform. The company expects October 2026 robot sales and shipments to exceed 300 units, a monthly record, bringing cumulative shipments to more than 1,100 units at a positive unit gross margin.
CAE Inc.
CAE to sell Flightscape to SITA
CAE Inc. (NASDAQ: CAE; TSX: CAE) has entered into a definitive agreement to sell Flightscape, its airline operations software business, to SITA, which it describes as a global aviation technology company. The deal moves an airline operations software unit from a simulation and training company to an aviation IT provider.
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 has signed a 36-month reservation of Nvidia B300 GPU capacity with Fireworks at its Dallas data center, with a combined total contract value of approximately $94.4 million. Fireworks has provided a substantial prepayment deposit, and the GPUs are expected to be deployed in late December or early January.
Vertiv Holdings Co
Vertiv Completes Acquisition of King Environmental Services Ltd., Expanding Global Fluid Management Services
Vertiv Holdings Co has completed its acquisition of King Environmental Services Ltd., adding fluid management, commissioning and load-testing expertise. Vertiv says the deal extends its thermal services for high-density and AI-driven environments from North America into Europe, the Middle East and Africa.
Docusign, Inc.
Docusign Intelligent Agreement Management to Be Sold as SAP Solution Extensions
Docusign (Nasdaq: DOCU) says the solutions it developed, SAP Signature and Agreement Management by Docusign for SAP Sales Cloud and SAP SuccessFactors, will be sold as SAP solution extensions and are now available. The arrangement places Docusign's agreement management tools within SAP's sales and HR software offering.
Cyngn
Cyngn Completes Inaugural SOC 2 Type II Examination with Zero Exceptions, Launches Enterprise Trust Center
Cyngn (NASDAQ: CYN) says it completed its inaugural SOC 2 Type II examination with zero exceptions and launched an enterprise trust center, following its recent ISO 27001 certification. The company says the credentials support enterprise-scale autonomous vehicle deployments.
Cognizant Technology Solutions
Cognizant and EBRD Partner to Accelerate Digital Transformation Through AI-Led, Outcome-Driven Services
Cognizant (Nasdaq: CTSH) and the EBRD have agreed a five-year strategic framework for AI-led, outcome-driven technology services. Cognizant says the framework will support continuous improvement, innovation and the responsible adoption of AI across the EBRD's technology estate.
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 AI Founders Story reporting.