Acquisition News
417 articles
M&A activity in the AI industry. Acquisition news, mergers, and buyouts involving artificial intelligence companies.
Nvidia's Hugging Face Deal Reportedly Expands to Include a Separate AI Startup Investment
Korean outlets reported on September 4 that Nvidia's move to acquire Hugging Face, which AI Market Watch tracked from initial sale reports in late August through Nvidia's confirmation of a roughly $12...
Nvidia Confirms $12.93 Billion Acquisition of Hugging Face
Nvidia has officially confirmed its acquisition of Hugging Face for $12.93 billion, with completion expected in the first half of 2027. CEO Jensen Huang said Nvidia will scale the platform and strengt...
Nvidia Confirms $12.9B Acquisition of Hugging Face
Nvidia has officially confirmed its $12.93 billion acquisition of Hugging Face, ending weeks of reported talks. The platform hosts three million models, one million applications, half a million datase...
Rilo Joins Adobe as Its Agentic Marketing Platform Shuts Down
Adobe has acquired Rilo, an Indian AI marketing-technology startup backed by Peak XV Partners, for an undisclosed amount. Rilo will wind down its standalone platform and its team will join Adobe. Foun...
HITAI Acquires Quell to Add Camera-Less Motion Tracking to Its Sports Computer-Vision Platform
HITAI, a London-based movement-intelligence platform for sports, has acquired the technology and IP of Quell, a UK fitness-gaming developer and publisher of the Impact console and its Shardfall combat...
Anthropic's $7 Billion MatX Buyout Talks Cool Into a Chip Partnership
Anthropic discussed acquiring AI chip startup MatX for roughly $7 billion before the talks stalled and shifted toward a hardware partnership instead, per a Reuters report. MatX, co-founded in 2023 by...
MatX: Anthropic Weighed $7 Billion Chip Startup Acquisition, Then Pivoted to Partnership
Anthropic discussed acquiring AI chip startup MatX for roughly $7 billion in a bid to accelerate its own custom silicon program, according to people familiar with the talks. MatX was founded by former...
Nvidia has reportedly agreed to acquire Hugging Face for roughly $12.9 billion (about 18 trillion So...
Nvidia has reportedly agreed to acquire Hugging Face for roughly $12.9 billion (about 18 trillion South Korean won); neither company has confirmed the deal. The price is close to three times Hugging F...
Hugging Face to Be Acquired by Nvidia for $12.9B, Report Says
Nvidia has agreed to acquire Hugging Face for $12.9 billion, according to The Information. The transaction would bring the open-model platform, its model-optimization capabilities, and its AI applicat...
Cursor Integrates With SpaceXAI as Musk Pushes Grok Coding Catch-Up
AI Times, citing The Information, reports that SpaceX has folded Cursor into SpaceXAI after a reported $60 billion acquisition, with Elon Musk urging the coding-tools team to help close Grok's gap wit...
Hugging Face is reportedly exploring a sale at a valuation above $13 billion, nearly three times its 2023 mark, according to Business Insider.
The company has hired an investment bank to gauge buyer interest, though no transaction has been agreed and the identity of any suitor remains unclear. Hugging Face last raised outside capital in 2023...
Poolside: Nvidia's $6B Deal Includes 109-Engineer Hire and $1B Stake for Nemotron 4
New reporting on Nvidia's agreement with AI coding startup Poolside lays out a three-part structure: a $6 billion license fee for its model-building technology, the hiring of 109 of its core engineers...
Hugging Face in Talks to Sell for $13 Billion or More
Hugging Face has reportedly been approached about a sale at a valuation of $13 billion or higher, per Business Insider reporting cited by TechCrunch; no deal has been reached and it isn't clear who th...
Hugging Face Reportedly Explores Sale Above $13 Billion Valuation
Hugging Face is weighing a potential sale at a valuation above $13 billion, Business Insider reported via AI Times sources, working with an investment bank to gauge acquirer interest. No formal bid ha...
Hugging Face Explores Sale That Could Value It Above $13 Billion
Hugging Face is reportedly exploring a potential sale of the company, with sources telling Business Insider the deal could value the AI platform at more than $13 billion — nearly triple the $4.5 billi...
Fortinet acquires Virtue AI's remaining team and IP, two months after Meta hired away its founders
Fortinet, the cybersecurity vendor, acquired Virtue AI on August 17. Virtue AI is an AI-security startup founded in 2024 that builds guardrails and red-teaming tools aimed at defending autonomous AI a...
Cognition AI Rebuffs SpaceX Acquisition Approach After $60 Billion Cursor Deal
SpaceX held acquisition talks with AI coding startup Cognition AI, maker of the autonomous coding agent Devin, according to a report citing people familiar with the matter. Cognition did not accept th...
Rebellions Enters Early Talks With NVIDIA on a Potential Deal
NVIDIA is reportedly holding early discussions with South Korean NPU developer Rebellions on possible technology cooperation, an equity investment, or an acquisition. Bloomberg, citing people familiar...
Cognition Says It Is Not for Sale After Reported SpaceX Acquisition Outreach
Sina Finance, republishing Cailianshe, reported that SpaceX had contacted AI coding startup Cognition about a possible acquisition. The report said Cognition declined the proposal and that the parties...
Stripe confirms $7.5B acquisition of OpenRouter, below earlier ~$10B reports
Stripe confirmed Wednesday it is buying OpenRouter, the startup that lets developers route requests across AI models from many providers. Terms weren't disclosed, but the New York Times reported a $7....