The AI industry is obsessed with models that write and talk. SAP has just completed a large bet on a different kind entirely, one built for structured data, as its acquisition of Prior Labs closed. The deal is now done, with regulatory approvals secure…
Apple built a trillion-dollar business on chips it designs itself. It cannot design the ones its AI needs fast enough, so it is going shopping. The iPhone maker is hunting for AI chip acquisitions, The Information reported. In recent months it has talk…
A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney general Rob Bonta, was filed in federal court in California’s Northern District, CNBC reports. The timing is pointed. The Ju…
A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. The numbers are dazzling. Read the footnotes. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at…
OpenAI wants the work that once belonged to consultants. Its deployment arm has agreed to buy Northslope, an applied-AI firm, the company told Axios in an exclusive on Wednesday. It did not disclose terms, and the deal still needs regulatory clearance….
Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced….
Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma laid it out in an official memo on Monday. She called it t…
Five months ago, Uber promised to storm five new European countries with its food-delivery app. It just quietly hit the brakes, and the reason looks a lot like a €10bn takeover. Uber has paused five of its seven planned 2026 European launches, the Fina…
Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sa…
A $3.7bn plan to merge the world’s two biggest stock-photo libraries has collapsed. The reason is not America, where regulators waved it through. It is Britain, where a single condition proved a deal-breaker. Getty Images will terminate its merger with…