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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Tesla and SpaceX have confirmed Grimes County, Texas as the site for their Terafab semiconductor megafactory, with the first phase costing roughly $16.8 billion. The project targets the largest chip manufacturing facility on the planet to supply over 1 terawatt of compute per year that exceeds current and future global production capacity.
OpenAI has filed a motion asking a federal judge to dismiss Apple's trade secrets lawsuit, describing the claims as meritless. The dispute, which follows a July suit and this week's injunction request from Apple, highlights tensions after their prior partnership on Siri and OpenAI's hardware push.
Meta has released an early beta of Muse Code, a terminal-based coding agent driven by the updated Muse Spark 1.2 model and positioned against Anthropic's Claude Code and OpenAI's Codex. Substantially lower rates, including a contributor plan at $0.10 for every million tokens received, may encourage migration away from higher-priced options such as Anthropic's Sonnet 5.
