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OpenAI launches $4B Deployment Company as enterprise AI adoption hits 'tipping point'

OpenAI has unveiled the OpenAI Deployment Company with over $4 billion in initial investment, backed by TPG, SoftBank, and major consulting firms. The new AI services company will embed specialized engineers directly into organizations to help businesses integrate AI models into workflows. The move comes as OpenAI's revenue chief declares enterprise AI adoption is 'at a tipping point,' intensifying competition with Anthropic in the enterprise AI market.

Business6 sources

OpenAI launches $4B Deployment Company as enterprise AI adoption hits 'tipping point'

Business6 sources

MoonPay Acquires Dawn Labs to Launch AI Trading Copilot for Prediction Markets

MoonPay has acquired applied research lab Dawn Labs and launched Dawn CLI, an AI-powered trading copilot that lets users build and execute trading strategies on prediction markets using plain English commands. The tool initially supports Polymarket, with plans to expand to additional platforms as demand for automated trading tools grows.

Technology2 sources

MoonPay Acquires Dawn Labs to Launch AI Trading Copilot for Prediction Markets

Technology2 sources

Novo Nordisk transfers Parkinson's cell therapy to Zuckerberg-backed Cellular Intelligence

Cellular Intelligence has acquired global rights to STEM-PD, Novo Nordisk's experimental stem-cell therapy for Parkinson's disease. The AI-backed startup plans to deploy its platform to accelerate development and manufacturing of the clinical-stage treatment, which aims to replace dopamine-producing nerve cells lost in the disease. Novo Nordisk takes an equity stake and remains eligible for milestone payments.

Business5 sources

Novo Nordisk transfers Parkinson's cell therapy to Zuckerberg-backed Cellular Intelligence

Business5 sources

Nvidia commits $2.1 billion to IREN in massive AI infrastructure partnership for global expansion

Nvidia has secured a major AI data center partnership with IREN, committing up to $2.1 billion through a share option deal. The agreement includes deploying 5 gigawatts of Nvidia DSX infrastructure across IREN's global facilities, with IREN providing $3.4 billion in GPU cloud services to Nvidia over five years. IREN stock surged over 27% initially as investors reacted to the deal.

Business14 sources

Nvidia commits $2.1 billion to IREN in massive AI infrastructure partnership for global expansion

Business14 sources

DOJ antitrust head warns companies against misleading on AI disruption in merger reviews

The Justice Department's antitrust chief issued a stark warning to dealmakers attempting to use artificial intelligence disruption as a legal defense during merger reviews. Acting Assistant Attorney General Omeed Assefi told companies at a New York University event that claims of AI replacing entire industries must be supported by concrete evidence, signaling heightened scrutiny of AI-related merger arguments.

Policy4 sources

DOJ antitrust head warns companies against misleading on AI disruption in merger reviews

Policy4 sources

xAI Becomes SpaceXAI as Elon Musk Merges AI Company with SpaceX in Bold Infrastructure Play

Elon Musk's AI company xAI is being dissolved as a standalone entity and merged with SpaceX to form SpaceXAI. The move follows a deal leasing the Colossus 1 supercomputer to Anthropic and signals Musk's push toward orbital data centers. Trademark filings reveal plans for satellite-based AI infrastructure spanning over 220,000 Nvidia GPUs.

Technology2 sources

xAI Becomes SpaceXAI as Elon Musk Merges AI Company with SpaceX in Bold Infrastructure Play

Technology2 sources

Roche acquires PathAI for up to $1.05 billion to strengthen AI diagnostics and digital pathology

Swiss pharmaceutical giant Roche announced it will acquire U.S.-based AI company PathAI in a deal worth up to $1.05 billion. The acquisition expands Roche's digital pathology capabilities and AI diagnostics tools, building on a partnership that began in 2021. PathAI will join Roche's diagnostics division to accelerate precision medicine and biomarker discovery.

Technology2 sources

Roche acquires PathAI for up to $1.05 billion to strengthen AI diagnostics and digital pathology

Technology2 sources

Cognizant plans to cut up to 15,000 jobs globally as Project Leap drives AI transformation

Cognizant is reportedly planning to reduce its workforce by 12,000 to 15,000 employees globally under Project Leap, an AI-led restructuring initiative. India, home to over 250,000 of the company's 357,000 employees, will face the most significant impact. The move reflects a broader industry shift as tech firms adopt AI-enabled operating models and compress traditional staffing pyramids.

Business3 sources

Cognizant plans to cut up to 15,000 jobs globally as Project Leap drives AI transformation

Business3 sources

IREN Acquires Mirantis for $625M to Strengthen AI Cloud Infrastructure Management

AI data center operator IREN announced plans to acquire cloud infrastructure specialist Mirantis in a $625 million all-stock transaction. The deal combines IREN's massive GPU capacity with Mirantis' Kubernetes-based management tools, aiming to streamline AI workload deployment. But industry observers question whether neoclouds can succeed where others have failed.

Business3 sources

IREN Acquires Mirantis for $625M to Strengthen AI Cloud Infrastructure Management

Business3 sources

Cisco acquires Astrix Security to tackle growing AI agent security challenges

Cisco Systems Inc. has acquired Israeli cybersecurity firm Astrix Security in a deal valued between $250 million and $400 million. The acquisition strengthens Cisco's ability to secure AI agents and non-human identities like API keys and OAuth tokens. With only 24% of businesses able to control AI agents effectively, the move addresses critical security blind spots as AI agents increasingly outnumber human users in enterprise environments.

Business2 sources

Cisco acquires Astrix Security to tackle growing AI agent security challenges

Business2 sources

SAP acquires Dremio to unify data and accelerate enterprise AI agent deployment at scale

SAP has acquired Dremio, a data lakehouse platform provider, for an undisclosed sum to eliminate data fragmentation and accelerate agentic AI deployment. The deal transforms SAP Business Data Cloud into an Apache Iceberg-native enterprise lakehouse that unifies SAP and non-SAP data. The move positions SAP to address a critical enterprise AI challenge: most AI projects fail not because of poor models, but because underlying data remains fragmented and locked in proprietary formats.

Technology3 sources

SAP acquires Dremio to unify data and accelerate enterprise AI agent deployment at scale

Technology3 sources

K Wave Media Dumps Bitcoin Treasury Plan, Redirects $485M to AI Infrastructure Buildout

Nasdaq-listed K Wave Media abandons its Bitcoin treasury strategy to pursue an AI pivot, reallocating $485 million toward data centers and GPU compute operations. The company's stock plunged 25% following the announcement, as shareholders prepare to vote on a rebrand to Talivar Technologies in July.

Business2 sources

K Wave Media Dumps Bitcoin Treasury Plan, Redirects $485M to AI Infrastructure Buildout

Business2 sources

Meta acquires Assured Robot Intelligence to build the Android of humanoid robots

Meta has acquired robotics AI startup Assured Robot Intelligence, bringing co-founders Lerrel Pinto and Xiaolong Wang into its Superintelligence Labs. The acquisition positions Meta to create a platform for humanoid robots similar to what Android did for smartphones, as the company pursues its vision of building AI models and hardware for physical labor tasks.

Technology15 sources

Meta acquires Assured Robot Intelligence to build the Android of humanoid robots

Technology15 sources

Nebius acquires 20-person Eigen AI for $643 million to dominate AI inference optimization

Cloud provider Nebius agreed to buy Eigen AI, a California startup that optimizes AI chip performance, for $643 million in stock and cash. The 20-person team from MIT specializes in maximizing tokens generated per Nvidia GPU, a critical capability as inference costs dominate AI operations. The acquisition strengthens Nebius Token Factory against competitors.

Technology5 sources

Nebius acquires 20-person Eigen AI for $643 million to dominate AI inference optimization

Technology5 sources

MARA acquires $1.5B power plant to build flagship AI campus as Bitcoin miners pivot to HPC

Bitcoin miner MARA Holdings announced a $1.5 billion acquisition of Long Ridge Energy & Power, adding a 505-megawatt gas-fired power plant and 1,600 acres in Ohio for AI infrastructure expansion. The company's shares surged over 12% following the deal, which increases MARA's owned power capacity by 65% and is expected to contribute $144 million in annualized EBITDA.

Business2 sources

MARA acquires $1.5B power plant to build flagship AI campus as Bitcoin miners pivot to HPC

Business2 sources

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