According to a Scale AI spokesperson, Meta is investing $14.3 billion as part of the deal, and will have a 49% stake in the artificial intelligence startup but will not have any voting power
Browsing: Mergers & Acquisitions
French president Emmanuel Macron expressed support for the partnership between the U.S. chipmaker Nvidia and French AI startup Mistral
Snowflake, a cloud-based data warehousing company, has agreed to acquire database startup Crunchy Data
Anduril and Meta will be developing Extended Reality (XR) features for the United States military
Advanced Micro Devices Inc (AMD) on Wednesday announced it has acquired Enosemi, a silicon photonics startup
E.l.f Beauty announced on Wednesday it would acquire Hailey Bieber’s skincare brand Rhode in a deal worth up to $1 billion
Salesforce announced on Tuesday that it would buy Informatica for about $8 billion, betting on the data management platform to sharpen its competitive edge
Pharmaceutical company Eli Lilly has announced plans to acquire private biotech company SiteOne in a deal worth up to $1 billion
OnlyFans owner Fenix International Ltd is in talks to sell the porn-driven company to an investor group at a valuation of around $8 billion
OpenAI said on Wednesday that it is buying John Ive’s AI devices startup io for about $6.4 million
AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in cash
Blackstone Infrastructure agreed to reportedly acquire New Mexico utility owner TXNM Energy Inc. for about $5.7 billion
Biotechnology company Regeron is reportedly acquiring DNA-testing company 23andMe for $256 million.
It is expected that this deal would make Databricks more attractive to businesses that want to create their own AI bots.
California-based financial services company Robinhood Markets has agreed to buy Canadian crypto firm WonderFi for $178.98 million.
Coinbase has agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion
Apple claimed that its deal with Google Search might not be necessary in the long run, while trying to save its partnership with Alphabet, Google’s parent company
British food delivery firm Deliveroo has stated that it has agreed to a $3.9 billion takeover offer from American rival DoorDash
Footwear company Skechers is set to be acquired by Brazilian private equity firm 3G Capital in a deal worth $9.26 billion
Apple is teaming up with AI startup Anthropic on a new platform for “vibe coding” using artificial intelligence. The platform would use AI to write, edit and test code on behalf of programmers
Protect AI, a Seattle-based cybersecurity startup is set to be acquired by cybersecurity giant Palo Alto Network
Merck has reportedly moved to strengthen its position in oncology and rare diseases with a $3.9 billion agreement to acquire SpringWorks Therapeutics
Twenty One Capital expects to launch with more than 42,000 bitcoins, making it the largest bitcoin treasury in the world
The acquisition of Discover will make Capital One the eighth largest bank in the United States
For HubSpot users this would mean they’ll be able to ask using natural language, an exceedingly useful feature as AI use becomes popular among less technical users