PRESS DIGEST -Wall Street Journal - March 26
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.
