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SpaceX Acquires xAI in $1.25 Trillion Deal to Merge AI and Aerospace Capabilities

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 Marks Strategic Cybersecurity Expansion

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...

Lunate Appoints UAE Investment Minister to Lead Global Growth Ambitions

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...

Pony.ai Expands Robotaxi Commercialization With ATBB to Accelerate Asset‑Light Scaling

Pony.ai expands Robotaxi commercialization with ATBB as it announces a strategic alliance with Beijing ATBB Travel & Express Service Co., Ltd to scale fully driverless services in China’s top urban and airport travel corridors. This partnership reinforces an asset‑light deployment strategy that leverages fleet...

ANTA acquires stake in PUMA: Strategic €1.5bn Equity Purchase Accelerates Global Expansion

ANTA acquires stake in PUMA through a €1.5 billion equity investment, marking a pivotal moment in ANTA Sports’ global expansion strategy and significantly extending its international market reach. ANTA’s Strategic Acquisition Bolsters Globalisation Objectives ANTA Sports Products Limited has entered into a binding share purchase agreement with...

Zomedica expands TRUVIEW AI microscopy platform with advanced diagnostic interpretation

Zomedica expands TRUVIEW AI microscopy platform with new artificial intelligence (AI) diagnostic interpretation capabilities, significantly broadening its commercial scope and clinical utility. This enhancement, now deployed across the installed base, introduces automated hematology analysis and prepares the platform for forthcoming cytology support. The update, delivered...