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 least one term sheet at that price, Bloomberg reports. The talks […]
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. The purchase marks its second in two months. The OpenAI Deployment Company launched in […]
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. Arc runs a financial platform for technology and growth companies, bundling cash management, debt financing, […]
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 the most significant restructure in the division’s history. Xbox […]
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 Financial Times reported. Uber announced the push in February, targeting Austria, Norway, […]
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 sales software. Zoom announced the acquisition on Thursday. It did not disclose […]
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 Shutterstock, the company said this week. Its board voted unanimously to walk away after the […]
A Belgian cybersecurity unicorn has bought an Israeli startup with an unusual trick. Its AI agents fix an open-source flaw without breaking the app that depends on it, something most security tools cannot do. Aikido Security, based in Ghent, became Europe’s fastest cybersecurity company to reach a $1bn valuation in January. It has now acquired […]
Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agreed to acquire all of Cognite in an all-cash deal worth $3.1bn. Cognite builds software that […]
onsemi is buying Synaptics in an all-stock deal worth about $7bn. The onsemi Synaptics deal bets that AI’s next wave lives not in the cloud, but in cars, factories and robots. The chip industry has spent three years building for AI that runs in giant data centres. Onsemi just placed a bet on the opposite […]
