Mergers and Acquisitions
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Tech News
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
By OpenAI COO’s own admission last February, “we have not yet really seen AI penetrate enterprise business processes.” But for…
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Tech News
Meta buys robotics startup to bolster its humanoid AI ambitions
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We…
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Tech News
Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’
Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal,…
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Tech News
Canva doubles down on AI and marketing automation with Simtheory, Ortto acquisitions
Canva announced on Wednesday the dual acquisition of Simtheory, an AI collaboration and agent management platform, and Ortto, a customer…
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Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information…
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Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
Uber is buying Berlin-based startup Blacklane, which provides on-demand, black-car chauffeur services, as the ride-hail giant expands deeper into luxury…
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Elon Musk misled Twitter investors while trying to get out of acquisition, jury says
A civil jury in California on Friday ruled that Elon Musk intentionally misled Twitter investors when he tried to back…
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Netflix may have paid $600 million for Ben Affleck’s AI startup
Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage…
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Life EV officially owns Rad Power Bikes now
Life Electric Vehicles Holdings, also known as Life EV, officially owns the intellectual property, inventory, and certain operating assets of…
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Tech News
Paramount+ and HBO Max to merge into one streaming service after WBD deal closes
Following the surprising news that Netflix had withdrawn its bid to acquire Warner Bros. Discovery (WBD), Paramount Skydance stepped in…
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Tech News
What to know about the landmark Warner Bros. Discovery sale
The streaming and entertainment industry just witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is…
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Tech News
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros.…
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