All articles by Shivam Mishra
Shivam Mishra
Alphabet in advanced talks to acquire Wiz for $23bn
If the deal goes through, it would be the largest acquisition in the technology conglomerate’s history.
German software company SNP considers sale after takeover interest
The company is collaborating with Parkview Partners to explore interest from prospective buyers.
SoftBank Group takes over British AI chip company Graphcore
Graphcore’s IPU technology was developed to advance AI applications, a field that has seen surging demand for specialised silicon.
AMD signs $665m deal to acquire Silo AI
Silo AI delivers AI integration into products, services, and operations across various markets.
Intuit to lay off nearly 10% of its workforce
The company’s CEO Sasan Goodarzi stated that more than 1,000 of the job cuts are due to employees not meeting the company’s heightened expectations.
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Infinite Reality announces $450m acquisition of UK’s Landvault
Additionally, the company secured a $350m investment from an undisclosed private multifamily office.
KKR reportedly looking to divest roughly half of its 43% stake in Kokusai Electric
Based on the closing price as of 8 July 2024, a 20% share in Kokusai is worth approximately $1.6bn.
Hebbia raises $130m for AI-driven complex query software
The company’s software can analyse a wide range of digitised documents and data sources, including regulatory filings, and PDFs.
Accenture acquires Excelmax Technologies
Excelmax specialises in delivering custom silicon solutions for a variety of applications including data centers, consumer technology and AI.
Spanish prosecutors probe Meta for potential AI data protection law breaches
The inquiry focuses on the use of user data for training its AI services within the European Union.