Tag: Acquisition

Palo Alto Networks folds $500M AI help desk startup into Cortex

Console's agentic tools for automating routine IT chores will live inside the security giant's Cortex platform.

Shareholders clear the way for SoundHound to absorb LivePerson

A September 2 vote clears the final hurdle and puts the conversational AI merger on track to close…

Nvidia reaches for Hugging Face in a $12.9B takeover

Nvidia has agreed to buy Hugging Face for $12.9 billion, though a signed agreement is not yet in…

Coding startup Cognition insists it is not for sale after SpaceX report

Scott Wu says Cognition is not for sale after Bloomberg reported SpaceX tried to buy the startup.

Stripe seals its $7B bet on AI model routing

Stripe has finalized a deal to buy model-routing startup OpenRouter for more than $7B, Bloomberg reports.

Ray maker Anyscale lands inside AI cloud builder Nscale

The company behind the Ray framework joins Nscale as the AI cloud race moves up the stack.

How Midjourney built a design team by buying a horoscope app

The AI image lab makes its first acquisition, tapping a horoscope app designer for its mobile push.

Enterprise giant SAP closes $1.1B deal for German AI lab Prior Labs

SAP closed its acquisition of Prior Labs and committed more than one billion euros to build a frontier…

SpaceX Acquires AI Coding Startup Cursor in $60 Billion Stock Deal

SpaceX will acquire the AI coding assistant startup Cursor for $60 billion in stock, integrating the technology to…

Meta’s latest acquisition is a bet that humanoid robots are the key to AGI

Meta's acquisition of ARI marks a calculated double down on the philosophy that artificial general intelligence requires robots…