Acquisition News
383 articles
M&A activity in the AI industry. Acquisition news, mergers, and buyouts involving artificial intelligence companies.
Nebius Group acquires Eigen AI to bolster inference platform, shares jump 11.8%
Nebius Group NV (NASDAQ:NBIS) has acquired Eigen AI, an inference and post-training optimization startup, to strengthen its Token Factory managed inference platform. The deal drove shares up 11.8% to...
Meta acquires robotics company Assured Robot Intelligence to help build humanoid technology
Meta has acquired Assured Robot Intelligence, a startup developing AI models for robots, to accelerate its humanoid technology initiative. The deal closed Friday, with the startup's team, including co...
China has ordered the unwinding of Meta's $2 billion acquisition of Manus, a Singapore-based AI agen...
China has ordered the unwinding of Meta's $2 billion acquisition of Manus, a Singapore-based AI agent startup founded by Chinese entrepreneurs. The move blocks one of the largest AI acquisitions by a...
Meta Acquires Assured Robot Intelligence to Accelerate Humanoid Robotics Push
Meta has acquired Assured Robot Intelligence (ARI), a startup building foundation models for humanoid robots. ARI's team, including co-founders Lerrel Pinto and Xiaolong Wang, will join Meta's Superin...
Nebius acquires Eigen AI for $643m to bolster AI infrastructure
AI infrastructure firm Nebius has acquired Eigen AI for $643 million in a cash-and-stock deal, marking a significant consolidation move in the compute services layer. Eigen AI, a startup that provides...
Meta acquires Assured Robot Intelligence to advance humanoid robotics
Meta has acquired Assured Robot Intelligence, a startup focused on humanoid technology, according to a Bloomberg report. The deal signals Meta's expansion into AI-powered robotics, though financial te...
China blocks Meta's attempted acquisition of AI agent startup Manus
China has blocked Meta's attempt to acquire Manus, an AI agent startup based in China, according to reports. The deal, which aimed to strengthen Meta's position in the AI agent space, was halted by Ch...
China blocks Meta’s Manus acquisition
Regulatory authorities in China have blocked Meta’s proposed acquisition of Manus, a Chinese AI startup. The deal, which would have given Meta access to Manus’s technology and talent, was halted by Be...
China blocks Meta's $2B acquisition of AI agent startup Manus after months-long probe.
China's National Development and Reform Commission (NDRC) has vetoed Meta's $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore. The deal, a...
Pine Labs acquires Shopflo for Rs 88 crore to expand D2C SaaS suite.
Pine Labs, the Indian fintech company, has acquired SaaS startup Shopflo for Rs 88 crore ($10.5M) in an all-cash deal. The acquisition will enable Pine Labs to offer an end-to-end platform for direct-...
Nvidia and OpenAI each invest $20B in AI chip startups: Groq acquisition, Cerebras deal
In a landmark week for AI infrastructure, Nvidia spent $20 billion to acquire the IP and talent of AI chip startup Groq, while OpenAI simultaneously committed over $20 billion to purchase chips from C...
OpenAI to acquire AI security platform Promptfoo to bolster enterprise agent safety
OpenAI has announced the acquisition of Promptfoo, an AI security startup specializing in penetration testing and safety evaluation for AI agents and LLM applications. The deal, whose terms were not d...
Microsoft explored Cursor acquisition but backed out before SpaceX's $60B deal
Microsoft considered acquiring AI coding startup Cursor but ultimately decided not to submit a bid, CNBC reported on April 23, citing multiple sources. The move was part of Microsoft's broader strateg...
Cohere acquires Aleph Alpha to create transatlantic sovereign AI challenger
Canadian AI lab Cohere has acquired German AI company Aleph Alpha, combining their research and engineering resources to offer an independent, enterprise-grade AI stack. Financial terms were not discl...
SpaceX to acquire Cursor by year-end to boost xAI's coding performance.
SpaceX is in advanced talks to acquire AI coding startup Cursor by the end of 2026, offering either a $10 billion strategic investment or a full acquisition at $60 billion, according to reports. The m...
Cohere acquires Aleph Alpha, lands $600M from Schwarz Group in European AI push
Canadian enterprise AI company Cohere is acquiring German rival Aleph Alpha, backed by a $600 million Series E investment from Schwarz Group, Europe's largest retailer and a key Aleph Alpha backer. Th...
Cursor Set to Raise Billions, SpaceX Option to Acquire for $60B
AI-powered coding startup Cursor is in the process of raising billions of dollars in a new funding round that values the company at approximately $60 billion. The deal includes a provision granting Sp...
SpaceX Secures Option to Acquire Cursor for $60 Billion Amid IPO Preparations
SpaceX has announced it has secured an option to acquire the AI-assisted coding startup Cursor for $60 billion later this year, or alternatively, pay $10 billion for a strategic partnership. This move...
SpaceX Secures Option to Acquire AI Code Editor Cursor for $60 Billion
SpaceX has secured the rights to acquire the AI-powered code editor Cursor from Anysphere for an estimated $60 billion. Under the terms of the agreement, the acquisition would value Cursor at $60 bill...
SpaceX Secures Option to Acquire Cursor in Massive $60 Billion Strategic Deal
SpaceX has secured an option to acquire the AI coding startup Cursor for $60 billion before the end of 2026. The agreement, announced via Elon Musk’s X platform, establishes a close partnership where...