AI Mergers & Acquisitions

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Chart showing NVIDIA contributions to Hugging Face compared to rivals.

NVIDIA to acquire Hugging Face for $12.93B

NVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institutions globally. Built over the past decade by Clem Delangue, Julien Chaumond, Thomas Wolf, and their […]

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Stripe agrees to buy OpenRouter as AI model routing expands

Stripe has agreed to acquire OpenRouter, an AI model-routing platform that gives developers access to hundreds of models through a single interface. The deal adds model selection and routing to Stripe’s existing work around AI usage and token-based billing. OpenRouter supports more than 400 models from over 80 providers, according to Stripe. Rather than requiring

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Anthropic IPO filing marks AI maturing into enterprise utility

Anthropic’s IPO filing marks the maturation of generative AI from a research-heavy venture phase into a stabilised enterprise utility. Model developers operating in private markets have prioritised rapid iteration and maximum compute performance over predictable billing cycles. Taking a foundational provider public aligns those engineering goals with standard corporate procurement, introducing structured release schedules and

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AstraZeneca bets on in-house AI to speed up oncology research

Drug development is producing more data than ever, and large pharmaceutical companies like AstraZeneca are turning to AI to make sense of it. The challenge is no longer whether AI can help, but how tightly it needs to be built into research and clinical work to improve decisions around trials and treatment. That question helps

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Grab brings robotics in-house to manage delivery costs

Rising labour costs and tighter delivery margins are pushing large platform operators like Grab to look at automation. It’s moved to bring robotics capability in-house by its acquisition of Infermove. Grab operates at a scale where small efficiency gains can have out-sized effects. Its platform supports millions of deliveries in Southeast Asia, many of them

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