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Neura Robotics Raises €1 Billion to Build AI-Powered Humanoid Robots Backed by Tether

German robotics startup Neura Robotics is raising €1 billion ($1.2 billion) in a funding round backed by stablecoin issuer Tether Holdings to develop artificial intelligence-powered humanoid robots. The round values the Metzingen-based company at €4 billion, down from earlier estimates of €8-10 billion, as investors bet on humanoids as the next wave of AI innovation.

Startups2 sources

Neura Robotics Raises €1 Billion to Build AI-Powered Humanoid Robots Backed by Tether

Startups2 sources

Accenture acquires Ookla for $1.2B to power AI-driven network intelligence across enterprises

Accenture has agreed to acquire Ookla, owner of Speedtest and Downdetector, for $1.2 billion in cash from Ziff Davis. The deal positions Accenture to integrate real-time connectivity data into enterprise services, helping telecom operators, cloud providers, and businesses optimize networks that support AI adoption and digital infrastructure as network performance becomes critical to scaling AI systems.

Business3 sources

Accenture acquires Ookla for $1.2B to power AI-driven network intelligence across enterprises

Business3 sources

Amazon acquires George Washington University campus for $427 million to fuel AI expansion

Amazon Data Services purchased George Washington University's Virginia Science and Technology campus for $427 million to build data center infrastructure. The acquisition in Ashburn, Virginia, supports Amazon's $35 billion investment plan through 2040 as tech companies commit at least $630 billion this year to meet surging artificial intelligence demands.

Business2 sources

Amazon acquires George Washington University campus for $427 million to fuel AI expansion

Business2 sources

MyFitnessPal Acquires Cal AI, the Teen-Built AI Nutrition App That Hit $30M in Annual Revenue

MyFitnessPal has acquired Cal AI, the AI-powered calorie counting app built by two high school students that scaled to over 15 million downloads and $30 million in annual revenue in under two years. The deal, which closed in December after nearly a year of negotiations, keeps Cal AI operating independently while integrating it with MyFitnessPal's massive nutrition database spanning 20 million foods.

Business2 sources

MyFitnessPal Acquires Cal AI, the Teen-Built AI Nutrition App That Hit $30M in Annual Revenue

Business2 sources

J. Safra Sarasin's Saxo Bank acquisition signals tech investment shift in AI wealth management era

J. Safra Sarasin completed a 1.1 billion euro purchase of a 70% stake in Saxo Bank, prioritizing technology architecture over traditional client base expansion. The deal reflects wealth managers' strategic pivot toward frontier technology investments as AI tools threaten to reshape financial advice delivery and force banks to rethink their acquisition strategies.

Business2 sources

J. Safra Sarasin's Saxo Bank acquisition signals tech investment shift in AI wealth management era

Business2 sources

Snowflake product revenue forecast tops estimates as AI demand drives enterprise adoption

Snowflake projects fiscal 2027 product revenue of $5.66 billion, surpassing Wall Street estimates of $5.50 billion, as enterprises accelerate cloud workload migration and AI application development. The company signed its largest-ever deal worth over $400 million and reported fourth-quarter product revenue of $1.23 billion, up 30% year-over-year, with its Snowflake Intelligence platform now adopted by more than 2,500 customers.

Business2 sources

Snowflake product revenue forecast tops estimates as AI demand drives enterprise adoption

Business2 sources

Anthropic acquires Vercept AI startup to accelerate computer-use agents after Meta poached founder

Anthropic acquired Vercept, a Seattle-based AI startup specializing in computer-use agents, marking its second major acquisition in three months. The deal brings key researchers from the Allen Institute for AI to enhance Claude's capabilities, though one co-founder already left for Meta in a $250 million deal. Vercept raised $50 million from high-profile backers including former Google CEO Eric Schmidt before shutting down its Vy product after just over a year.

Technology5 sources

Anthropic acquires Vercept AI startup to accelerate computer-use agents after Meta poached founder

Technology5 sources

Google absorbs Alphabet's Intrinsic robotics venture to accelerate physical AI ambitions

Alphabet is folding its robotics software company Intrinsic into Google after five years of independent operation. The AI robotics company will work closely with Google DeepMind and leverage Gemini AI models to make industrial robots more accessible. The strategic shift signals Google's commitment to physical AI as the next frontier in AI commercialization.

Technology7 sources

Google absorbs Alphabet's Intrinsic robotics venture to accelerate physical AI ambitions

Technology7 sources

Amazon's AGI lab leader David Luan exits after two years to focus on teaching AI new capabilities

David Luan, who led Amazon's San Francisco-based AGI lab and developed the Nova Act AI agent, is leaving after less than two years. His departure marks the fourth exit among five Adept co-founders who joined Amazon through a 2024 acqui-hire deal. Luan cited the proximity of AGI as his reason for leaving, stating he wants to spend 100% of his time on teaching AI systems brand new capabilities.

Business6 sources

Amazon's AGI lab leader David Luan exits after two years to focus on teaching AI new capabilities

Business6 sources

ADT acquires Origin Wireless for $170 million to bring Wi-Fi motion sensing to home security

ADT has acquired Origin Wireless for $170 million to integrate AI sensing technology into its home security systems. The technology uses Wi-Fi signals to detect human presence and activity without cameras, promising to reduce false alarms while raising new privacy questions about corporate surveillance in connected homes.

Business3 sources

ADT acquires Origin Wireless for $170 million to bring Wi-Fi motion sensing to home security

Business3 sources

Canva acquires Cavalry and MangoAI to challenge Adobe with motion design and AI video tools

Canva announced the acquisition of Cavalry and MangoAI to strengthen its animation and marketing capabilities as software stocks face pressure from artificial intelligence concerns. The deals mark Canva's fourth and fifth acquisitions in two years, expanding its professional creative suite with 2D animation tools and AI-powered video advertising optimization to compete directly with Adobe.

Startups4 sources

Canva acquires Cavalry and MangoAI to challenge Adobe with motion design and AI video tools

Startups4 sources

C.H. Robinson CEO says AI will drive freight brokerage consolidation, not disruption

C.H. Robinson CEO Dave Bozeman dismissed investor fears following a 14.5% stock selloff triggered by AI disruption concerns in the freight brokerage industry. Instead of viewing artificial intelligence as a threat, Bozeman argues that AI will drive consolidation, with larger players leveraging proprietary data and scale to outpace smaller competitors who lack the resources to compete in an AI-driven market.

Business2 sources

C.H. Robinson CEO says AI will drive freight brokerage consolidation, not disruption

Business2 sources

Everpure posts first $1 billion quarter as Pure Storage rebrand signals AI data management push

Pure Storage rebranded as Everpure and delivered its first-ever $1 billion revenue quarter, marking a strategic shift from data storage to AI-powered data management. The company announced plans to acquire 1touch, a data intelligence platform, to help enterprises make their data AI-ready without complex extraction processes.

Business4 sources

Everpure posts first $1 billion quarter as Pure Storage rebrand signals AI data management push

Business4 sources

KKR explores $1.5 billion sale of BMC Helix as AI concerns reshape software deals

Private equity firm KKR is exploring a sale of BMC Helix that could reach $1.5 billion, testing market appetite for software deals as artificial intelligence concerns weigh on valuations. The AI-driven IT service management platform has already attracted initial bids from private equity firms and corporate buyers, while KKR plans an IPO for parent company BMC as early as 2026.

Business2 sources

KKR explores $1.5 billion sale of BMC Helix as AI concerns reshape software deals

Business2 sources

Saudi Arabia's Humain Invests $3 Billion in Elon Musk's xAI Ahead of SpaceX Merger

Saudi Arabia's AI company Humain invested $3 billion in Elon Musk's xAI during its Series E funding round, just before xAI merged with SpaceX. The investment made Humain a significant minority shareholder, with holdings converted into SpaceX shares. The move deepens Saudi Arabia's AI ambitions and its strategic ties with Musk as the kingdom seeks to diversify its economy beyond oil.

Startups6 sources

Saudi Arabia's Humain Invests $3 Billion in Elon Musk's xAI Ahead of SpaceX Merger

Startups6 sources

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