Acquisitions & Deals
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Instacart reportedly discussed selling itself with DoorDash and Uber
Instacart has held acquisition discussions with DoorDash and Uber, according to multiple news reports, as the grocery delivery company weighs a possible sale to a larger competitor.
Sure, let’s smoosh SpaceX and Tesla together, who cares
Oh sure, SpaceX's credit risk is pretty high because it's about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have formed special committees to discuss a merger!
Foursquare co-founder says equity holders saw no returns from the company's acquisition
Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.
Tesla and SpaceX are discussing a possible merger, Musk says
Tesla and SpaceX have formed special committees to discuss a possible merger, Elon Musk said during the latter's third quarter earnings call Tuesday.
OpenAI acquires startup Orchestra Bio to beef up its biotech business
OpenAI says it's adding Orchestra's team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.
Tenstorrent hits $6.2B valuation to scale open-weight AI chips
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
Amazon's Bee launches two new personal AI devices, starting at $75
Amazon-owned Bee has launched its first new AI devices since its acquisition, including an updated wearable and a credit-card-sized recorder that attaches to smartphones.
Getty Images is going private after failed Shutterstock merger
Getty Images intends to file for bankruptcy and go private as part of a restructuring agreement after its plans to merge with rival stock platform Shutterstock fell through earlier this year.
Cloudflare acquires Deno to improve its Workers programming model
Cloudflare will use this acquisition to improve its Workers programming model and platform.
SpaceX announces plan to become a ‘major mobile carrier’
SpaceX has acquired a portfolio of low-band spectrum licenses - a move the company says "will pave the way" for its Starlink Mobile service to become a "major" US carrier.
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