Rocket Lab announced an $8 billion cash-and-stock acquisition of Iridium Communications to create an integrated space company offering launch, manufacturing, and satellite communications.
Microsoft reportedly plans extensive layoffs across Xbox’s first-party studios, potentially affecting Undead Labs despite their upcoming State of Decay 3 release.
8090 Solutions secures $135 million in Series A funding led by Salesforce Ventures to expand its AI-driven platform that streamlines application development and updates.
Adobe will acquire Topaz Labs, integrating its AI-powered upscaling and enhancement tools into Adobe Firefly and Creative Cloud while maintaining standalone Topaz products.
Spun off from nonprofit FutureHouse after major pharma interest, Edison Scientific secured significant venture funding to commercialize AI agents for drug development.
Insilico Medicine teams with SK Biopharmaceuticals to harness AI in discovering and developing drugs targeting neuroimmune disorders of the central nervous system, in a deal worth up to $2.5 billion.
After earning close to $1 million as a Google account executive, Yousuf Imran exited to build his own AI sales tools company amid concerns over layoffs and missed equity opportunities.
Quantic Dream workers staged a strike demanding the reversal of planned layoffs that threaten both their jobs and the future of the unfinished Star Wars Eclipse game.
Elon Musk seeks to acquire Mesh Optical Technologies, a SpaceX-founded optics startup, deepening his influence over AI data center components amid swift FTC antitrust scrutiny.
OpenAI is reportedly considering delaying its initial public offering to next year after evaluating SpaceX’s recent stock market debut and its implications.
Apple raised prices on multiple Macs, iPads, and home devices due to soaring AI-related memory and storage expenses, marking an unusual mid-cycle adjustment.
OpenAI reportedly plans to delay its initial public offering until next year as market turbulence and SpaceX’s post-IPO decline raise concerns about investor demand.