How companies adopt AI, and the deals and results behind it.
Business ·
NVIDIA announced a deal to acquire Hugging Face for $12.93 billion, and pledged that the hub will stay open, multi-cloud and usable without NVIDIA hardware. Hugging Face hosts…
NVIDIA
Business ·
SpaceX said it would exercise its option to buy Anysphere, the company behind the Cursor AI code editor, in an all-stock deal valued at $60 billion; the acquisition closed in…
CNBC
Business ·
Anthropic closed a $65 billion Series H at a $965 billion post-money valuation, led by Altimeter, Dragoneer, Greenoaks and Sequoia, including $15 billion from hyperscalers. The…
Anthropic
Business ·
OpenAI announced $122 billion in committed capital at an $852 billion post-money valuation, with Amazon, NVIDIA and SoftBank among the leads, plus a $4.7 billion revolving credit…
OpenAI
Business ·
xAI announced that SpaceX had acquired the company, bringing Grok and the Colossus supercomputers under SpaceX ownership; the lab now operates under the SpaceXAI name. The deal…
xAI
Business ·
In a joint statement, Apple and Google said the next generation of Apple Foundation Models will be built on Gemini models and Google cloud technology under a multi-year deal. The…
Business ·
NVIDIA introduced the Rubin platform, built from six co-designed chips including the Vera CPU, Rubin GPU, NVLink 6 and BlueField-4, and offered as the Vera Rubin NVL72 rack and…
NVIDIA
Business ·
OpenAI completed its restructuring: the for-profit became OpenAI Group PBC, still controlled by the nonprofit, which was renamed the OpenAI Foundation. The foundation holds…
OpenAI
