OpenAI buys Northslope to put its engineers inside your business
OpenAI buys Northslope to put its engineers inside your business

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….

Axos buys AI fintech Arc Technologies to bolt modern software onto a bank
Axos buys AI fintech Arc Technologies to bolt modern software onto a bank

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….

Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European
Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European

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 t…

Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero
Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero

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 Fina…

Zoom buys Common Room to push past the video call into AI sales
Zoom buys Common Room to push past the video call into AI sales

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 sa…

Getty scraps its $3.7bn Shutterstock merger after a UK regulator won’t budge
Getty scraps its $3.7bn Shutterstock merger after a UK regulator won’t budge

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…

Aikido buys Israel’s Root to patch open source with AI
Aikido buys Israel’s Root to patch open source with AI

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 Eur…

Schneider Electric buys industrial-AI firm Cognite for $3.1bn
Schneider Electric buys industrial-AI firm Cognite for $3.1bn

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 agre…

onsemi to buy Synaptics in $7bn bet on ‘physical AI’
onsemi to buy Synaptics in $7bn bet on ‘physical AI’

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 d…

Qualcomm nears $4bn Modular deal to rival Nvidia
Qualcomm nears $4bn Modular deal to rival Nvidia

Qualcomm is closing in on a deal to buy AI-software startup Modular for about $4bn. The Qualcomm Modular deal would hand the chipmaker fresh ammunition in its fight to rival Nvidia. Qualcomm has entered advanced talks to acquire Modular, according to B…