Insta360 opened its first American store on Saturday at 1515 Broadway, in the middle of Times Square. It is the company’s second self-operated shop outside China, after Tokyo in August. The ribbon-cutting is the least interesting part. Iris Deng interv…
“The Fortune 500 will have no shortage of AI,” said Leonard Tang, co-founder and chief executive of Haize Labs. “The harder problem is making AI useful for the businesses that power the rest of the economy, where most humans work and receive value.” Ta…
“No government or enterprise should have to choose between capable AI and control over their technology,” said Aidan Gomez, Cohere’s chief executive. Canada’s Cohere and Germany’s Aleph Alpha have signed a definitive business combination agreement, the…
OpenAI has bought Glass Imaging, a startup that uses AI to improve smartphone cameras, in a deal that values it at more than $300m. The Wall Street Journal reported the purchase on 14 September, citing people familiar with the matter. According to the …
AI inference company Baseten has acquired Blaxel, a startup that builds secure execution environments, or sandboxes, for AI agents. Baseten co-founder and chief technology officer Amir Haghighat told Axios Pro about the deal, which the outlet reported …
Salesforce completed its acquisition of Fin on Thursday, bringing the customer service AI company formerly known as Intercom into its business. The same week, Business Insider’s Katie Roof and Ben Bergman reported that Salesforce has held talks to buy …
“It’s a privilege, and no small responsibility, to welcome a product that over 250,000 organizations have integrated into their workflows,” said Luca Ferrari, the chief executive and co-founder of Bending Spoons. His Milan-based group has agreed to buy…
Silver Lake is merging two companies it already owns. Cegid and Silae are both French. Both are majority-owned by the American private equity firm. On Wednesday they announced their intention to merge. The deal is expected to value the combined group a…
Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned su…
NEURA Robotics is buying a company that makes cleaning robots, and says it wants to replace their brains. The German firm is acquiring 100% of Adlatus Robotics, an Ulm maker of autonomous cleaning and sweeping machines. It announced the deal on Monday,…