Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, is filing for bankruptcy after the chief executive officer said a major creditor had seized most of...
OpenAI to acquire Apple veteran designer Jony Ive’s startup io in $6.5 billion deal to create AI devices
OpenAI has announced it will acquire io, the AI hardware startup co-founded by legendary Apple designer Jony Ive, in an all-stock deal valued at nearly $6.5 billion. This marks OpenAI’s bold entry into the hardware...
Movate Acquires Prescience, a Leading Data Science and AI Services Company, to Power AI-Led Enterprise Transformation
Movate, a global digital technology services provider, today announced the acquisition of Prescience, a leading firm specializing in AI, data science, and advanced analytics. This strategic acquisition represents a...
OpenAI agrees to buy AI coding startup Windsurf for $3 billion: Report
OpenAI has agreed to acquire AI based coding tool Windsurf for around $3 billion, according to a Bloomberg report. The ancquisition of Windsurf (formerly called Codeium) is currently not closed and if completed would be...
Ampivo AI acquires majority stake in B2B firm Commerce Forever Solutions
Ampivo AI, a provider of multi-modal AI solutions, has acquired a 51 per cent majority stake in Commerce Forever Solutions, a B2B e-commerce operations firm. The strategic acquisition is aimed at expanding Ampivo AI’s...
Arm recently sought to acquire Alphawave for AI chip tech, sources say
SoftBank-owned chip tech provider Arm Holdings recently sought to acquire Alphawave, a UK-based supplier of semiconductor intellectual property, to secure a crucial technology that is crucial for building its own...
