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Bain Capital signs $3.16bn deal to privatise Chindata Group

The investment company, along with existing and new investors, will acquire all the outstanding shares of Chindata.

MIT scientists develop soft-bodied robots – potential biomedical use

These cargo-carrying robots are capable of delivering drug inside narrow blood vessels and release them at desired point.

UK’s Quantexa to invest $155m to support global AI industry

This will take Quantexa’s overall global investment in AI industry to over $250m by 2027.

Tiny acquires HappyFunCorp for $30m

The acquired company designs and develops apps for tech giants such as Twitter and Amazon.

Microchip to invest $300m to expand operations in India

The company also inaugurated a new 168,000ft² R&D facility in Hyderabad.

Informatica to acquire Privitar to expand data access capabilities

The transaction is expected to complete by the third quarter of the current fiscal year.

UK DSTL, Google Cloud sign MoU to advance AI in defence sector

The collaboration will support the DSTL’s broader initiatives to transform into an ‘AI ready’ defence agency.

Inflection AI introduces new ChatGPT-like personal AI chatbot ‘Pi’

The company is now working on Pi’s boundary training and fine tuning to expand its capabilities.

Apple, Google join forces to combat unwanted tracking

Their proposal requires Bluetooth devices to send unauthorised tracking alerts to users.

BlackBerry to review strategic alternatives for portfolio of businesses

The company’s board has not scheduled a timetable for this review process and its completion.