Tag: Acquisition

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…