Press Digest: Wall Street Journal - March 26

Driven Brands Holdings

26/03/2026 05:54

March 26 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Nvidia-backed NVDA.O startup Reflection is in talks to raise $2.5 billion at a valuation of $25 billion to create freely available U.S. artificial intelligence systems.

OpenAI is backing a new artificial-intelligence startup Isara that aims to build software allowing so-called AI agents to communicate and solve complex problems in industries such as finance and biotechnology.

Activist hedge fund ADW Capital, which holds a 2.5% stake in Driven Brands DRVN.O, is pushing the company to explore a sale or breakup.

Investigators are probing the cause of a fire that burned a section of a large automotive glass plant near Dayton, Ohio, that supplies components to several automakers such as General Motors GM.N and Ford Motor F.N.

Private-equity firm KKR KKR.N has struck a deal to acquire the U.S. bakery chain Nothing Bundt Cakes from Roark Capital for over $2 billion, including debt.

Sandisk SNDK.O is investing $1 billion in Nanya Technology 2408.TW in connection with a multi-year supply arrangement with the Taiwan chipmaker.

 (Compiled by Bengaluru newsroom)

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