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Event Brief

UK's Octopus Energy to Spinoff AI Unit Kraken

Octopus Energy is spinning out its AI tech unit Kraken at a valuation of $8.65 billion.
WHO: Octopus Energy
WHAT: Spinoff of AI unit Kraken Technologies
WHEN: Dec 29, 2025 at 7:00 PM ET
WHERE: United Kingdom
WHY: To operate as an independent company
Sources (1): CNBC Top News

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