Search: acquisitions

A modern corporate office featuring contracts, related to $4 Billion Deployment Company, Acquires Scottish AI Firm Tom

OpenAI Launches $4 Billion Deployment Company, Acquires Scottish AI Firm Tomoro

OpenAI has created a $4 billion enterprise deployment unit and acquired Edinburgh-based Tomoro AI, putting itself in direct competition with the consultancies and rivals that have dominated enterprise AI implementation.

May 12

A Factory where a person is training related to Nebius Pays $643 Million for Eigen AI to Own the Inference O

Business & Enterprise · 3 min read

Nebius Pays $643 Million for Eigen AI to Own the Inference Optimization Layer

Cloud provider Nebius Group is acquiring 20-person inference optimization startup Eigen AI for $643 million, signaling that making AI models run cheaper is now worth as much as raw compute capacity.

May 3

A modern corporate office featuring Contracts, related to China Orders a social media company to Unwind $2 Billion Man

Business & Enterprise · 3 min read

China Orders Meta to Unwind $2 Billion Manus AI Acquisition

China has ordered Meta to reverse its completed $2 billion acquisition of agentic AI startup Manus — a rare post-close unwind demand signaling Beijing's hardening stance on U.S. firms absorbing Chinese-origin AI talent.

Apr 28

A government building interior related to China Blocks a social media company's $2 Billion Acquisition from an unusual angle or perspective

Government & Policy · 3 min read

China Blocks Meta's $2 Billion Acquisition of AI Startup Manus

China's NDRC has ordered Meta to unwind its $2 billion acquisition of Manus — Beijing's most direct intervention yet in a U.S. tech company's attempt to acquire an AI firm tied to Chinese nationals.

Apr 28