- OpenAI announced that Chief Revenue Officer Denise Dresser is stepping down after serving less than a year.
- Thoma Bravo agreed to take Accelerant private in a deal valued at more than $4 billion.
- Lenovo posted record revenue driven by strong artificial intelligence infrastructure demand and its personal computer business.
- Polestar announced it will cease sales in the US, starting with the 2027 model year, after the federal government denied its authorization.
- This decision follows a rule banning vehicles with Chinese-made connected vehicle software, impacting Polestar's operations despite its Swedish headquarters and Chinese ownership by Geely.
- The outcome creates uncertainty for current Polestar owners and dealers regarding vehicle service and future support.