Zealand Pharma has partnered with Generate Biomedicines in a deal worth up to $1.2 billion to leverage AI for developing new obesity treatments.
Getty Images files for bankruptcy following a $2.1 billion debt crisis and increased competition from AI-generated content.
Getty Images will go private and file for Chapter 11 bankruptcy after securing $533 million to restructure its debt following a failed merger with Shutterstock.
AI startup Character.AI has filed for bankruptcy, with Disney set to acquire a portion of its assets for $20 million amid ongoing legal and regulatory pressures.
Character.AI has filed for Chapter 11 bankruptcy and is auctioning assets, with Disney making an initial $20 million bid for its technology.
Character.AI has filed for bankruptcy and is selling assets to Disney for $20 million as it faces liabilities of up to $100 million.
Amazon is in talks to acquire AI startup Decart for $7 billion, a move that would surpass its previous major acquisitions if the deal is finalized.
Federal regulators have cleared a path for autonomous trucking by allowing cab-mounted beacons, while Waymo secures $5 billion in debt to fuel its global expansion.
Paramount has officially finalized its $111 billion acquisition of Warner Bros. Discovery, rebranding the combined entity as Skydance following a competitive bidding process.
Apple has reached an agreement to hire staff and license technology from the AI startup Huxe, prompting the company to shut down its product development.
Nvidia is reportedly exploring the acquisition of AI startup Reflection AI, a company it already backs with $800 million and which recently reached a $25 billion valuation.
Despite the transfer of US TikTok operations to a joint venture, significant operational and technical ties with ByteDance persist, raising questions about the effectiveness of the separation.
Semiconductor startup Eliyan is exploring a potential sale that could value the company at $3 billion, just months after reaching a $1 billion valuation.
Skydance aims to reduce its $79 billion debt following the $110 billion acquisition of Warner Bros. Discovery by targeting $6 billion in synergies and mid-single-digit revenue growth.
Apple has appointed Steve Smith as the new head of M&A, moving the team under the finance department, while consolidating service management under Eddy Cue.
Paramount has finalized the $110 billion acquisition of Warner Bros. Discovery, creating a new media giant named Skydance with an estimated annual revenue of $70 billion.
FAW Group, Toyota Motor, and GAC Group have entered a strategic partnership involving a 50 percent stake acquisition in FAW Toyota by GAC Group.
Seagate and Toshiba are competing to acquire TDK's HDD magnetic head division in a deal potentially worth several billion dollars.
FAW Toyota has refuted rumors regarding market exit and price cuts as the company prepares for a restructuring involving GAC Group.
Paramount has finalized a $111 billion merger with Warner to form a new media giant, Skydance, which will carry $80 billion in debt and operate under the control of the Ellison family.
