Whop raises $205 million at a $5.1B valuation as Sequoia Capital backs the startup, which has surpassed $400 million in annualized revenue
Browsing: Mergers & Acquisitions
Zuckerberg reaches a deal allowing him to sell nonvoting shares to help pay a proposed 5% California wealth tax that could cost him over $11B
Elon Musk is exploring a potential merger of SpaceX and Tesla that could create a $3.6 trillion company spanning AI, rockets, satellites, robots and electric vehicles.
ByteDance is in advanced talks with MediaTek to purchase custom AI chips for data centers amid rising demand and US export restrictions.
Bumble will go private in a $1.3 billion acquisition by Ithaca Holdings as declining users and slowing revenue challenge its growth.
IonQ will acquire Elisity in an all-stock deal valued at up to $1.3 billion to expand its quantum security business and strengthen cybersecurity offerings for enterprise and government customers.
Amazon is reportedly negotiating a $7B acquisition of AI startup Decart, whose software and world models have attracted major investors.
Starbucks reportedly explored acquiring Chipotle as CEO Brian Niccol pursues growth, diversification and expansion.
Microsoft and Nvidia unveil Surface Laptop Ultra with RTX Spark chips, bringing powerful local AI capabilities to Windows PCs.
Apple is working on a new ecosystem of smart home devices through a partnership with LG, according to a Bloomberg report.
Musk’s xAI owns the “dot.com” domain and redirects it to Grok, fueling speculation that the move was aimed at OpenAI’s newly launched AI agent
Mattel’s departing CEO will join David Ellison to lead the combined company after the $111 billion merger closes Oct. 6.
AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion, adding AI talent and world-model technology as it expands its AI chip ambitions.
Databricks acquires spreadsheet startup Row Zero to integrate scalable data tools with Genie and expand AI capabilities for businesses.
Paramount’s settlement with 12 states clears a major hurdle, while CNN employees await clarity over jobs and editorial independence.
BlackRock-backed consortium explores a $25B acquisition of Stack Infrastructure’s Asia-Pacific data center operations
AMD crosses $1 trillion in market value as AI demand drives its stock higher and strengthens its challenge to Nvidia.
Nvidia-backed CoreWeave plans to raise $3B through convertible debt and up to $2.92B through a stock sale as AI infrastructure demand grows
OpenAI has acquired smartphone camera maker Glass Imaging for $300 million as it expands its hardware ambitions and explores AI-powered imaging technology.
Amazon suspends its partnership with 21 Air following a Miami airport cargo plane crash that killed five people.
Northern Virginia investor eyes global expansion and predicts health and wellness will be “bigger than AI”
Paramount Skydance is seeking a $1.88 billion bond from 12 states and the WGA to cover potential losses if the deal is delayed by litigation.
Nvidia will acquire Hugging Face for $12.93 billion, strengthening its position in open-source AI models and developer infrastructure.
Adobe has acquired Indian AI startup Rilo less than a year after its launch, marking its second known acquisition in India
GoPro will merge with Starman Optical in a $285 million deal, retaining its public listing while expanding into AI, defense and optics.