Okta agrees to acquire AI identity security startup Permiso; source: the acquisition is valued at just under $200M and is structured as an almost all-cash deal
Sources: Situational Awareness has sold all of its public stock holdings; the fund grew to as big as $45B at the start of July before big losses took hold
David Faber /CNBC:NEW
London-based Nscale agrees to acquire Anyscale, a source says for ~$1.65B; Anyscale, which helps AI workloads run more efficiently, had a $1B+ valuation in 2022
Cloud provider Nscale agreed to acquire software startup Anyscale to help customers use AI computing power more efficiently.
Richard Socher's Recursive Superintelligence signs a $410M, multiyear AWS compute deal to support its self-improving AI systems, after raising $650M in May
On Tuesday, the AI company Recursive Superintelligence announced a $400 million compute deal with Amazon Web Services.
Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., as the companies race to win a larger share of the AI infrastructure market.
Sources: Prentis, which develops computer use models and is co-founded by Reid Hoffman and Marc Pincus, is in talks to raise $100M at a $1B valuation
Prentis, a new AI research lab focused on computer use models, co-founded by serial entrepreneur Ritankar Das and tech heavyweights Reid Hoffman …
Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., as the companies race to win a larger share of the AI infrastructure market.
Sources: Prentis, which develops computer use models and is co-founded by Reid Hoffman and Marc Pincus, is in talks to raise $100M at a $1B valuation
Prentis, a new AI research lab focused on computer use models, co-founded by serial entrepreneur Ritankar Das, and tech heavyweights Reid Hoffman …
Sources: Stripe is in talks to acquire OpenRouter, which helps developers use AI models and could fetch ~$10B; PitchBook: OpenRouter was valued at $1.3B in May
Stripe is in talks to acquire OpenRouter, a buzzy startup that helps developers choose between artificial intelligence models, according to people familiar with the matter.