Chart Industries $GTLS and Flowserve Corp $FLS have agreed to merge in a stock-for-stock transaction that values the combined enterprise at approximately $19 billion. This consolidation emerges against the backdrop of expanding global investments in artificial intelligence (AI) and the rapid growth of modern data centers, both driving unprecedented demand for advanced industrial equipment and post-sale services.

On Wednesday, Reddit Inc. $RDDT initiated legal proceedings against Anthropic, an emerging startup in the artificial intelligence sector. The lawsuit, filed in the San Francisco Superior Court, accuses Anthropic of illicitly scraping data from Reddit’s social media discussion platform without authorization. This data was allegedly used to train Anthropic’s AI models, contradicting prior public assurances from the company denying such usage.