Yimutian acquisition of Jiufeng Agriculture marks a pivotal move in the company’s strategy to establish a vertically integrated, AI-enabled agricultural ecosystem. This proposed transaction is expected to strengthen Yimutian's footprint in the premium edible oil market while expanding its operations from B2B logistics into...

Google doubles AI spending after achieving a historic milestone: surpassing $400 billion in annual revenue for the first time. This strategic shift comes amid robust financial performance across advertising, cloud services, and AI-integrated products. Alphabet exceeds $400 billion in annual revenue Alphabet, Google's parent company, reported annual...

Smart Eye acquires Sightic Analytics in a definitive agreement intended to strengthen its artificial intelligence offerings in driver and safety monitoring systems. In this landmark transaction, Smart Eye will issue newly created shares to cover a fixed purchase price of SEK 60.5 million. The...

SpaceX acquires xAI in a landmark $1.25 trillion deal, reshaping the strategic architecture of Elon Musk’s technology empire. The agreement integrates artificial intelligence with advanced space infrastructure, positioning the aerospace giant at the forefront of future innovation. This consolidation sees SpaceX’s valuation surge to approximately...

CyberCatch acquisition of attributes-based encryption has been confirmed through a definitive share exchange agreement, positioning the firm to significantly enhance its defence capabilities against emerging cyber threats driven by artificial intelligence (AI) and quantum computing. The deal involves acquiring all outstanding shares of Atriarch...

In a bold move to accelerate its international strategy, Lunate appoints UAE investment minister Mohammed Hassan Alsuwaidi as its new Executive Chairman and Managing Partner. The Abu Dhabi-based alternative investment firm currently manages $115 billion in assets and intends to more than double its AUM...