…On Monday, the European heavyweight announced its intention to acquire German AI startup Prior Labs for an undisclosed amount. Pending regulatory approval, SAP plans to invest €1 billion (approximately $1.16 billion…
…The 14-year-old company, last valued at over $9 billion, just announced that it surpassed $1 billion in revenue earlier this year. Unlike many startups that report annualized recurring revenue (ARR…
…The deal was announced just days after the IPO. SpaceX passes Amazon as valuation balloons to $2.7T : SpaceX became the fifth-most valuable company in the world, after its stock price…
…Terms of the deal were not disclosed. Matternet , an autonomous drone delivery company, raised $33 million in a private placement offering and completed a reverse merger with Los Altos Ventures Corp. Revel…
…Two years ago, Google rehired Shazeer in a $2.7 billion deal that gave the tech giant access to the startup’s technology. The move is the latest in a series of…
…The round was led by deep tech fund Infinite Capital and Ribbit Capital, known for fintech and lately in hot deals everywhere — from AI coding startups like Cognition to neoclouds like Crusoe…
…And the Alphabet-owned company announced a deal with B2U to use the batteries from its retired all-electric robotaxis to support electricity grids in California and Texas. Woven Capital , Toyota’s…
Helion , the fusion startup backed by Sam Altman, announced on Thursday that it had raised $465 million in a new funding round that values the company at $15.5 billion. The cash…
…The company announced last week it was reorganizing its business , which streamlines the operation into three segments: checkout solutions and PayPal, consumer financial services (and Venmo), and payment services and crypto. In…
…Under the deal with Roehl, which was also announced Thursday, Kodiak-equipped trucks will autonomously haul freight between Dallas and Houston on four round trips per week. The trucks operate autonomously on…