Nvidia acquires Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook says Kumo raised $37M at a $250M valuation in 2022
Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022
Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
Asana acquires StackAI, a no-code platform for building AI agents, for $75M as part of Asana's broader AI pivot; PitchBook: StackAI raised ~$20M
Asana has acquired the workflow automation company StackAI for $75 million, part of a larger effort to position itself as an AI-native workplace platform.
Amazon acquires Zurich-based autonomous robotics startup Rivr, formerly Swiss-Mile; PitchBook: the startup was valued at $110M in an August 2024 funding round
Amazon has acquired autonomous robotics startup Rivr, an Amazon spokesperson confirmed, a deal that could help the commerce …
Amazon acquires Zurich-based autonomous robotics startup Rivr, formerly Swiss-Mile; PitchBook: the startup was valued at $110M in an August 2024 funding round
Amazon has acquired autonomous robotics startup Rivr, an Amazon spokesperson confirmed, a deal that could help the commerce …
Palo Alto Networks agrees to acquire Israeli endpoint security company Koi Security, sources say for ~$400M; Koi raised $48M across two rounds, per PitchBook
Koi has developed a software engine that uses large language models and AI agents to detect malware and vulnerabilities in applications.
Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook says DataBricks has raised $4B+ so far
Bloomberg :
Tally, which helped users manage and pay off credit card debt, is shutting down; the startup had raised $172M and, per PitchBook, was last valued at $855M
Mary Ann Azevedo / TechCrunch :
Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020
Edward Ludlow / Bloomberg :
Intel acquires Granulate, which develops tools to optimize computing infrastructure with AI, sources say for $650M; PitchBook says Granulate raised $45.6M
Last year, when we wrote about new investment for Israeli startup Granulate — which applies AI to high-priority computing workloads …