Acquisition News
417 articles
M&A activity in the AI industry. Acquisition news, mergers, and buyouts involving artificial intelligence companies.
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...
SpaceX enters talks for potential acquisition or investment in Cursor
SpaceX has entered into discussions with AI startup Cursor regarding a significant financial arrangement. The potential deal structure includes either a $60 billion acquisition of the automated AI pro...
SpaceX explores $60 billion acquisition of AI coding startup Cursor to integrate advanced development tools into its technology ecosystem.
SpaceX has entered into an option agreement to acquire AI coding startup Cursor for $60 billion, according to an announcement on X. The deal also includes an alternative option to pay $10 billion for...
American Express announces acquisition of AI-powered expense management startup Hyper.
American Express is acquiring Hyper, a startup that provides an AI-driven expense management platform for businesses. The acquisition, reported by Tech in Asia, will integrate Hyper's technology into...
Meta paid $2 billion for AI startup Manus, a Singapore‑based firm with Chinese roots. The deal trigg...
Meta paid $2 billion for AI startup Manus, a Singapore‑based firm with Chinese roots. The deal triggered a wave of Chinese AI founders re‑thinking the “Singapore‑washing” strategy, with many accelerat...
American Express is acquiring Hyper, the AI‑driven expense‑management startup that auto‑categorizes,...
American Express is acquiring Hyper, the AI‑driven expense‑management startup that auto‑categorizes, checks policy compliance and sends filing reminders. The deal, expected to close in Q2 2026 (financ...
Caterpillar has completed the acquisition of California‑based autonomous electric tractor startup Mo...
Caterpillar has completed the acquisition of California‑based autonomous electric tractor startup Monarch Tractor. The deal adds Monarch’s software‑defined vehicle platform, perception stack and elect...