Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two…
“Trail of Bits has committed their entire security research organization,” OpenAI wrote in June, when the two companies launched a joint project to fix open-source software. OpenAI is in early talks to buy Trail of Bits, a firm that finds and fixes sec…
Faraday Future and FF EAI Robotics Ecosystem launched two humanoid robots on 15 October: the $2,490 FF Nova for developers and schools, and the $299 FF Nova Mini for children. Nova’s first 100 units are invitation-only. The launch follows FFR’s agreeme…
Bumble has agreed to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at about $1.3 billion, the companies said on Tuesday. Ithaca will pay $6.05 per Bumble Class A share, about 138% more than the stock’s closing price on Octob…
Amazon is in talks to buy the AI startup Decart in a deal that could value it at about $7bn, The Wall Street Journal reported on Sunday. Kate Clark and Lauren Thomas reported the talks, citing people familiar with the matter. A deal could come soon if …
IonQ has agreed to buy Elisity in an all-stock deal worth up to $1.3bn. Up to $150mn of that depends on how well Elisity does. The Maryland-based quantum computing company announced the deal on Monday. IonQ wants its security arm to guard against attac…
Nvidia is in talks to buy Reflection AI or invest more in the US open-weight model developer, the Financial Times reported on Saturday, citing people with direct knowledge of the matter. TNW has not independently verified the report. The talks are at a…
Chipmaker Cirrus Logic made a surprise offer for Synaptics last month, trying to break up its agreed sale to Onsemi, Liana Baker and Yiqin Shen reported for Bloomberg. Cirrus Logic is the ‘Party A’ named in an updated Synaptics filing on Thursday, peop…
Established software companies have to rebuild their products around AI, not add it as one more feature, SAP’s chief AI strategy officer Sean Kask said. He spoke at Wave by Vento in Turin on Thursday. “Like the famous quip that every company is becomin…
European startups raised $25bn in the third quarter, their strongest quarter for venture funding in four years. In North America, startup funding fell 35% from the previous quarter to $92bn, Crunchbase data shows. Europe’s total was up 77% on the $14bn…