X-energy IPO Prices Set at $16–$19 per Share as Nuclear Startup Begins Roadshow X-energy IPO targets $16–$19 per share in SEC filing, aiming to raise up to $814M; Amazon backing, …
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Monarch Tractor assets acquired by Caterpillar after failed software pivot
by Helga Moritzby Helga MoritzCaterpillar acquires Monarch Tractor assets in move that ends startup’s hardware push Caterpillar buys Monarch Tractor assets after the startup’s pivot to software amid manufacturing and dealer lawsuits, reshaping autonomous …
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Hightouch AI Platform Adds $70M ARR to Hit $100M Annual Recurring Revenue
by Helga Moritzby Helga MoritzHightouch AI platform drives $70M in new ARR, reaching $100M and transforming marketing content creation Hightouch’s AI marketing platform enables marketers to produce on-brand ads without designers, adding $70M in …
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WhatsApp integration restricts users to Meta AI, EU Commission finds
by Helga Moritzby Helga MoritzEU says Meta’s approach leaves users with only Meta AI available in app EU regulators say Meta’s configuration effectively restricts users to Meta AI, raising competition and choice concerns in …
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Allbirds rebrands as NewBird AI and announces $50M GPU financing
by Helga Moritzby Helga MoritzAllbirds Rebrands as NewBird AI After $39M Shoe Brand Sale, Secures $50M Convertible Financing NewBird AI will sell GPU compute to enterprise customers after Allbirds sold its shoe brand and …
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Anthropic Confirms Talks with US Government Over AI Model, Cites National Security
by Helga Moritzby Helga MoritzAnthropic Discussed Its AI Model with U.S. Government, Company Says Anthropic told a report it has spoken with the U.S. government about its AI model, emphasizing national security as a …
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Spotify Launches Physical Book Sales With Bookshop.org on Android in US and UK
by Helga Moritzby Helga MoritzSpotify launches physical book sales in U.S. and U.K., partnering with Bookshop.org Spotify launches physical book sales in the U.S. and U.K., partnering with Bookshop.org and rolling out Page Match, …
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Amazon Announces $11.6B Globalstar Acquisition to Bolster Amazon Leo and Challenge Starlink Amazon announces $11.6B acquisition of Globalstar to expand Amazon Leo, secure spectrum and directly challenge SpaceX’s Starlink in …
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OpenAI faces investor skepticism as it pivots to enterprise amid Anthropic surge
by Helga Moritzby Helga MoritzOpenAI valuation faces investor skepticism amid Anthropic’s rapid revenue surge OpenAI valuation draws investor skepticism as Anthropic’s rapid revenue growth and private-market demand reshape AI fundraising, competition, and IPO outlooks. …
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Meta and Broadcom extend custom AI processor partnership through 2029
by Helga Moritzby Helga MoritzMeta Broadcom AI chips partnership extended to 2029 with over 1 GW compute commitment Meta and Broadcom extend partnership on custom AI chips through 2029, pledging more than 1 gigawatt …