According to @KobeissiLetter, global mergers and acquisitions volume has reached $3.8 trillion year-to-date, putting 2025 on track for the second-strongest year on record (source: @KobeissiLetter). The source adds that at the same point in 2024, global M&A totaled $2.8 trillion, which is 36% lower (source: @KobeissiLetter). According to @KobeissiLetter, multibillion-dollar deals driven by AI are a major catalyst, and 2025 is on pace to record the highest number of transactions valued at $30 billion or more in a single year since 2000, as corporations pile into AI (source: @KobeissiLetter).