Vanta Holdings appoints David Goertz as CFO and secretary

Vanta agreed to acquire AI security startup Pillar Security for $150M in cash and shares. Pillar's founders and 20+ employees will join Vanta, forming its Israeli R&D center. Vanta plans to integrate Pillar's runtime security by 2027 and launch AI Governance as a paid offering. Pillar's platform detects and protects AI applications, with research highlighting vulnerabilities in n8n and Google's Gemini.

Vanta to acquire Pillar Security for $150M to expand AI cybersecurity. EXL acquires Aimpoint Digital, adding 250 AI specialists. eToro to acquire LB Finanzas, expanding in Latin America. All deals aim to enhance AI and fintech capabilities.

Viking Therapeutics (VKTX) presented clinical data from its VK2735 obesity program at ObesityWeek 2026. In a Phase 2 trial, 74% of participants improved by at least one BMI category after 13 weeks, with significant reductions in cardiometabolic markers. The company also shared baseline data from its ongoing Phase 3 VANQUISH-2 study. VK2735 is a dual GLP-1 and GIP receptor agonist being developed for obesity and metabolic disorders.

Kosmos Energy awarded Subsea7 a $50M-$150M contract for the Tiberius project in the U.S. Gulf. Subsea7 will install a 14-km steel catenary riser and flowline, with work starting in 2028. According to Subsea7, the solution is cost-effective and designed for safe delivery.

Nvidia announced CEO Jensen Huang's resignation and departure from the board. Colette Kress, the CFO, is interim CEO. The company thanked Huang for his contributions. No reason was given, but speculation links it to his personal scandal and national security concerns. The FBI is investigating alleged Nvidia chip exports to China via Megaspeed, where Alice Huang, tied to Jensen, is an executive. This could impact US-China relations and AI competition.

Nvidia's CEO Jensen Huang resigned after admitting an affair, with shares dropping 40% from October's peak. The board named CFO Colette Kress as interim CEO. Huang's exit raises concerns about Nvidia's key man risk and potential regulatory scrutiny, especially regarding US-China AI rivalry. The company's stock fell to $148.80 before recovering to $162.85.