AI Tools
Midjourney's First Acquisition Is an Astrology App
The image lab bought Co-Star and made its founder chief design officer — a bet that at commodity model quality, the scarce asset is consumer interaction design.
1h ago
#acquisitions
AI Chips
Tesla Bought an AI Hardware Company for $1.95 Billion, and Expects to Pay $222 Million
A single passage in the Q2 10-Q discloses a closed acquisition paid entirely in stock — with 89% of it contingent on milestones Tesla's own accountants judged improbable.
1h ago
AI Chips
Microchip Is Buying Hailo, and the Silence About the Price Says Plenty
One of the best-funded edge-AI chip startups is being absorbed by an analog and microcontroller incumbent, with terms undisclosed and no material financial impact expected.
2h ago
