12 states sue to block Paramount’s $110B Warner Bros. deal
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
Mergers and Acquisitions
What is Bending Spoons? The little-known AOL and Vimeo owner that’s now public
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.
Adobe acquires image and video enhancement tool maker Topaz Labs
Adobe said that it will integrate Topaz Labs’ tools across its apps.
Superhuman acquires AI detection startup GPTZero
Superhuman, which also has an AI detection tool as part of Grammarly, has snapped up GPTZero.
SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
The deal is supposed to help SpaceX’s struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
Salesforce acquires AI customer service platform Fin for $3.6 billion
Salesforce says it wants to use Fin’s team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks.
Warner Music acquires AI attribution startup Sureel AI
Through the acquisition, WMG aims to better track when its artists’ work is used in AI-generated content or for training AI models.
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Meta buys robotics startup to bolster its humanoid AI ambitions
Meta bought humanoid startup Assured Robot Intelligence to beef up its AI models for robots, the company said.
Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’
Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would merge with Aleph Alpha, a German company that also builds AI systems for businesses and governments.