Investment and technology firm Long Lake said on Monday it would buy corporate travel operator American Express Global Business Travel for $6.3 billion in an all-cash deal, betting that artificial intelligence can...
AI
Meta acquires robotics company Assured Robot Intelligence to help build humanoid technology
Meta has acquired Assured Robot Intelligence, a startup developing artificial intelligence models for robots, as part of a major initiative to build humanoid technology. The social networking giant closed the...
SpaceX says it has option to acquire startup Cursor for $60 billion
SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI...
Canada’s Cohere, Germany’s Aleph Alpha in merger talks: Report
Canadian artificial intelligence company Cohere and German company Aleph Alpha are reportedly in merger discussions. The German government is said to support a potential deal, viewing it as a strategic move. This...
Enterprise AI firm C5i buys UK’s Datavid in $45-50 million all-cash deal
Artificial intelligence and analytics firm C5i has acquired UK-based data and AI company Datavid for an undisclosed sum, marking its third acquisition. Sources aware of the deal said the all-cash transaction was valued...
OpenAI to acquire Astral to power its Codex AI agent
OpenAI, on Thursday, announced that it will acquire Astral, bringing its open source developer tools into its Codex ecosystem. Codex is OpenAI’s cloud-based software engineering agent that can work on multiple tasks in...
Meta acquires AI agent network Moltbook: Report
Meta has acquired Moltbook, a recently viral social network where artificial intelligence agents interact with one another and discuss topics such as coding, according to a report by US publication Axios. As part of the...
France’s AI company Mistral buys cloud service startup Koyeb
French artificial intelligence company Mistral AI said on Tuesday it had agreed to buy cloud computing service startup Koyeb based near Paris for an undisclosed amount. “With this first acquisition, Mistral AI...
Elon Musk’s SpaceX acquires xAI in record-setting deal ahead of mega IPO
Billionaire Elon Musk said on Monday that his rocket venture, SpaceX, has acquired his artificial-intelligence startup xAI in a record-setting deal. The deal was announced in a memo, sources told Bloomberg. According to...
Apple acquires Israeli audio AI startup Q.ai, reportedly for $1.6 billion
Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did not disclose terms of the deal for Q.ai, which was backed by venture capital firms...
SpaceX, xAI in talks over merger ahead of potential IPO
Elon Musk’s SpaceX and artificial intelligence startup xAI are in discussions over a potential merger ahead of a planned public offering later this year, Reuters reported citing a person familiar with the matter and two...
C3.AI in talks to merge with software company Automation Anywhere, The Information reports
Enterprise artificial intelligence software provider C3.AI is in talks to merge with software company Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions. If the deal...
