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newsA deeper look into the CoreWeave’s Acquisition of Weights & Biases
Key Points CoreWeave, an AI hyperscaler, has acquired Weights & Biases, an AI developer platform, in a deal valued at about $1.7 billion, expected to close by mid-2025. The acquisition aims to combine their strengths to enhance AI development, maintaining W&B’s interoperability with multiple cloud providers. Media reactions are mostly positive, seeing it as a…
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newsAMD Expands AI Capabilities with Acquisition of Silo AI
SANTA CLARA / HELSINKI — In a strategic move to bolster its enterprise AI solutions, AMD (NASDAQ: AMD) announced on July 10, 2024, its definitive agreement to acquire Silo AI, Europe’s largest private AI lab. The acquisition, valued at approximately $665 million in an all-cash transaction, underscores AMD’s commitment to expanding its global AI capabilities…
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newsSoftBank Acquires Graphcore to Propel AI Hardware Innovation and Expansion
BRISTOL — In a significant move for the AI industry, Graphcore, a pioneering company in AI hardware, has been acquired by SoftBank Group Corp. This acquisition sees Graphcore becoming a wholly owned subsidiary of SoftBank, though it will continue to operate under its established name. “This is a tremendous endorsement of our team and their…
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newsOpenAI Expands Capabilities with Acquisition of Rockset to Enhance AI Data Retrieval
SAN FRANCISCO — OpenAI has expanded its capabilities by acquiring Rockset, a leader in real-time analytics and database technology. This acquisition aims to significantly enhance OpenAI’s data processing and retrieval infrastructure, enabling more efficient and intelligent use of data across its AI products. Rockset is renowned for its cutting-edge data indexing and querying technologies, which…
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newsAccenture’s Bold Step: Acquisition of OPENSTREAM HOLDINGS Signals Digital Innovation Surge
DUBLIN — Accenture (NYSE: ACN) has announced its agreement to acquire OPENSTREAM HOLDINGS, marking another strategic move in Accenture’s quest to empower businesses with advanced digital technologies. The terms of the transaction remain undisclosed. With this acquisition, Accenture aims to harness the expertise of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, to bolster…
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newsOpenAI Strengthens Team with Acquisition of AI Innovators Global Illumination
SAN FRANCISCO — OpenAI has acquired Global Illumination, a company known for its expertise in AI-driven creative tools, infrastructure, and digital experiences. Founded by Thomas Dimson, Taylor Gordon, and Joey Flynn, the entire Global Illumination team has now joined OpenAI. This team brings a wealth of experience from their work at major tech companies such…
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newsBioNTech Strengthens AI Portfolio Through InstaDeep Acquisition
MAINZ — BioNTech SE (Nasdaq: BNTX) has finalized its acquisition of InstaDeep Ltd. (“InstaDeep”), a renowned global AI and machine learning technology company. The acquisition, initially announced on January 10, 2023, solidifies BioNTech’s commitment to advancing AI-driven drug discovery and developing cutting-edge immunotherapies and vaccines to tackle diseases with significant unmet medical needs. This move…
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newsInfineon Technologies AG Bolsters AI Expertise with Acquisition of Industrial Analytics
MUNICH — Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a renowned German semiconductor manufacturer, has announced its acquisition of Industrial Analytics, a Berlin-based startup specializing in AI-powered predictive analysis for industrial machinery and equipment. This strategic move underscores Infineon’s commitment to enhancing its capabilities in predictive maintenance through AI-driven solutions. The acquisition, involving the…
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newsAccenture Expands Industry X Service with Acquisition of Trancom ITS in Japan
TOKYO — Accenture (NYSE: ACN), a global leader in digital, cloud, and security services, announces its acquisition of digital engineering and operational technology capabilities from Trancom ITS, a prominent Japanese logistics technology services provider. This strategic move enables Accenture to bolster its Industry X service offerings, delivering hyper-automation solutions tailored to the evolving needs of…
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newsAccenture Expands Global Capabilities of Accenture Cloud First with Acquisition of BENEXT
PARIS – Accenture (NYSE: ACN) has announced its intention to acquire BENEXT, a leading French product consulting company specializing in product management, agile coaching, cloud-based development, and data science. The financial terms of the transaction were not disclosed, according to a press release published on EuropaWire. BENEXT, founded in 2014 and headquartered in France, brings…
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newsAccenture Federal Services Enhances National Security Portfolio with Novetta Acquisition, Boosting AI Capabilities for Federal Missions
ARLINGTON, VA – Accenture, a global leader in digital, cloud, and security services, announces the acquisition of McLean-based advanced analytics company Novetta by its subsidiary Accenture Federal Services (AFS). Specializing in defense, intelligence, and law enforcement markets, Novetta brings cutting-edge insights and disruptive technologies, including artificial intelligence and machine learning, to transform data utilization for…
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newsPhilips’ Acquisition of Carestream’s Cloud-Based Imaging Platform: Advancing Radiology Informatics with AI Integration
AMSTERDAM – Royal Philips has announced the acquisition of the Healthcare Information Systems business of Carestream Health Inc., a move that will integrate Carestream’s cloud-based enterprise imaging informatics platform into Philips’ radiology informatics portfolio. Carestream Health Inc., renowned for its medical imaging and healthcare IT solutions, will enhance Philips’ capabilities in delivering cutting-edge medical imaging…
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RadicalShift.ai represents the paradigm shift the artificial intelligence (AI) brings upon all of us, from the way we live and work to the way we do business. To help cope with these fundamental changes across life, industries and the world in general, we are obsessively observing (30+ markets across multiple continents) and covering the AI industry while building a scalable open platform aimed at people, businesses and industry stakeholders to contribute across (benefit from) the entire spectrum of the AI industry from news, views, insights to knowledge, deployments, entities, people, products, tools, jobs, investors, pitch decks, and beyond, helping build what would potentially be a resourceful, insightful, knowledgeable and analytical source for AI related news, information and resources, ultimately becoming the AI industry graph/repository.
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