India’s Unacademy sells to rival upGrad for $206M, about 94% less than its peak valuation
“We raised at a peak, but sold at a fraction of that,” Unacademy co-founder and CEO Gaurav Munjal wrote. “I’m not going to dress these facts up.”
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GoPro to be acquired for $285M, will remain a public company
GoPro is merging with a company that builds AI infrastructure, and will continue supporting existing consumer products.
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Hugging Face reportedly in talks to be acquired for $13B
Hugging Face has reportedly been fielding acquisition offers that would value the company at around $13B. But with the founders’ feeling of responsibility to community, doubts arise as to whether a sale will happen.
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US nutrition startup Berry Street merges with India’s Healthify as GLP-1 trends upwards
Berry Street founder Noah Kotlove and Healthify founder Tushar Vashisht will act as co-CEOs of the new entity.
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Cognition CEO denies report that SpaceX tried to acquire the startup
SpaceX was reportedly in talks to buy AI coding startup Cognition. SpaceX has already acquired Cursor as it races to catch up to rivals like OpenAI and Anthropic in enterprise AI.
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Amazon acquires Rivr, maker of a stair-climbing delivery robot
Amazon and Jeff Bezos had previously invested in the startup. The deal signals the e-commerce giant’s interest in doorstep delivery.
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Elon Musk misled Twitter investors while trying to get out of acquisition, jury says
At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.
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Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million
Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.
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AI | Enterprise | Startups
Databricks bought two startups to underpin its new AI security product
With an overflowing war chest from its recent $5 billion raise, Databricks is buying startups and looking for more. It acquired Antimatter and SiftD.ai.
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DeleteMe acquires social media security tool Block Party
Tracey Chou founded Block Party in 2018 as a tool to help people stay safe from targeted harassment on Twitter, inspired by her own experiences.
