A niche acquisition by Nvidia has raised concerns among artificial-intelligence and supercomputer specialists who see the move as a test of the biggest AI chip company’s commitment to maintaining a fair playing...
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Anthropic acquires Coefficient Bio for nearly $400 million: Report
Anthropic has acquired biotech startup Coefficient Bio in a deal valued at around $400 million, reported The Information on Friday. As part of the acquisition, the New York–based startup’s team will join Anthropic’s...
Nykaa in talks to buy majority stake in Deepika Padukone’s skincare brand 82°E
Beauty and fashion retailer Nykaa, owned by Falguni Nayar’s FSN E-Commerce Ventures, is in negotiations with actress Deepika Padukone’s premium skincare brand 82°E to acquire a majority stake in the latter...
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90 billion
Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank’s presence in the fast-growing active ETF...
Amazon eyes $9 billion Globalstar deal to rival SpaceX’s Starlink, FT reports
Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX’s Starlink, the Financial Times reported on Wednesday...
Ferretti board says sweetened KKCG Maritime offer ‘not fair or reasonable’
Italian yacht maker Ferretti said on Thursday its board considers a sweetened offer by Czech investment firm KKCG Maritime “not fair or reasonable” for independent shareholders. KKCG Maritime, which...
Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity deal
Stock trading platform Dhan is in talks to acquire wealthtech startup Infinyte Club for around $10 million in a mix of cash and equity, according to people in the know. Founded in 2023 by Ankita Tandon and Joylita...
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it steps up its expansion into digital assets. The...
Intel to buy back Apollo stake in Ireland factory for $14.2 billion
Intel said it would spend $14.2 billion to buy back the 49% stake it sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives...
PE firm Arcline walks away from bid for UK’s Senior as other suitors circle
The field of suitors for British aerospace and defence supplier Senior Plc narrowed after private equity firm Arcline Investment Management dropped out of buyout talks on Wednesday, though negotiations with other...
Libya’s Haftar acquires combat drones despite UN embargo
Eastern Libya’s military leader, Khalifa Haftar, has acquired what appear to be Chinese and Turkish combat drones, Reuters reporting has found, despite a long-standing U.N. embargo on supplying weapons to the...
Activist investor Jana Partners discloses 5% stake in Alkami Technology
Activist investor Jana Partners has taken a 5.1% stake in Alkami Technology, as it believes that the banking technology company’s shares are undervalued. Jana owned 5.4 million shares of Alkami, a Plano, Texas...
