Business & Markets
Online learning platforms Coursera and Udemy have entered a merger agreement valued at approximately $2.5 billion, signaling significant consolidation in the digital education sector.
Business & Markets
Amazon is reportedly negotiating a significant investment in OpenAI, signaling a strategic move to deepen its involvement in the generative AI sector and intensify competition among major cloud providers.
Business & Markets
Intel has signed a term sheet with SambaNova Systems to integrate specialized AI hardware into Intel-powered data centers, broadening Intel's AI strategy.
Business & Markets
Meta Platforms has acquired Limitless, an AI device startup, signaling an accelerated focus on integrating conversational artificial intelligence into its wearable hardware ecosystem.
Business & Markets
Meta Platforms has recruited former Apple Vice President of Interface Design, Alan Dye, to lead a new creative studio within Reality Labs, intensifying its focus on user experience in mixed reality amid growing competition.
Business & Markets
Micron Technology announces its strategic withdrawal from the Crucial consumer retail business, redirecting resources to high-growth enterprise and data center memory solutions.
Business & Markets
Uber and autonomous vehicle developer AV Ride have launched a robotaxi service in Dallas, integrating self-driving cars into Uber's platform for ride-hailing operations.
Business & Markets
Amazon is piloting 30-minute delivery services in select urban markets, increasing competition within the e-commerce last-mile sector.
Business & Markets
Eventbrite is set to become a subsidiary of Bending Spoons, a move valued at approximately $500 million, designed to accelerate the event management platform's growth through mobile and AI integration.
Business & Markets
Sony Bank plans to issue a USD-pegged stablecoin for Web3 services, including gaming and IP, aligning with Japan's recent stablecoin regulations.
Business & Markets
Meta Platforms is reportedly in discussions to acquire Google's custom Tensor Processing Units, a move that could shift AI chip market dynamics and diversify Meta's hardware supply.
Business & Markets
Robinhood is expanding its financial product offerings into regulated prediction markets through a joint venture, aiming to capture new user segments and diversify revenue streams.