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SoftBank inks definitive pact to buy ABB

SoftBank inks definitive pact to buy ABB's robotics business for $5.37 billion

09 Oct 2025, 17:40 PM

The acquisition is expected to close in mid-2026 or later that year.

OpenAI acqui-hires Xcode coding assistant Alex

OpenAI acqui-hires Xcode coding assistant Alex

08 Sep 2025, 11:33 AM

The acquisition of Alex fits into OpenAI's broader strategy of building a comprehensive developer tools ecosystem.

Amazon receives RBI nod for Axio acquisition

Amazon receives RBI nod for Axio acquisition

04 Sep 2025, 17:32 PM

Amazon had first invested in Axio (formerly Capital Float) in 2018, injecting $22 million at about $350 million valuation.

OpenAI to acquire product testing startup Statsig

OpenAI to acquire product testing startup Statsig

04 Sep 2025, 00:02 AM

As part of the deal, Statsig's CEO Vijaye Raji will step into a new role as CTO of Applications⁠, reporting to Fidji Simo.

Vertiv acquires Generative AI software firm Waylay

Vertiv acquires Generative AI software firm Waylay

01 Sep 2025, 15:11 PM

The acquisition is part of Vertiv's continued investment in AI-driven monitoring and control technologies.

Capgemini to buy WNS for $3.3 billion in Agentic AI push

Capgemini to buy WNS for $3.3 billion in Agentic AI push

07 Jul 2025, 18:09 PM

Aiman Ezzat, CEO, Capgemini, underlined that enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end.

UGRO Capital to acquire Profectus for $162 million

UGRO Capital to acquire Profectus for $162 million

17 Jun 2025, 20:56 PM

The acquisition is expected to add around Rs 150 crore of annualized profit to UGRO.

Who Reads Us

Fintech Highlights

  1. Razorpay FY25 revenue jumps 65% to Rs 3,783 crore

  2. Former Punjab National Bank MD & CEO Sunil Mehta launches credit rating company Acer

  3. Paytm parent restructures to bring entities under direct ownership

  4. Crypto exchange CoinDCX raising fresh capital from existing investor Coinbase

  5. Dezerv raises Series C funding co-led by existing investors Premji, Accel
  6. Read more news...

AI/Emerging Tech

  1. OpenAI pauses video generation of Martin Luther King Jr on Sora

  2. Apple's key AI specialist Ke Yang leaves to join Meta

  3. Nscale inks deal with Microsoft to bring Nvidia AI infra across, Europe, US

  4. OpenAI partners with Broadcom for 10GW of custom AI accelerators

  5. Google to invest $15 billion to open AI hub in India
  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?
  5. Previous editions...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality