acquisition

Indian edtech

2026-09-02 00:21:31

Indian Edtech Company upGrad Acquires Unacademy for $206 Million

Indian edtech company upGrad has announced the acquisition of rival Unacademy for $206 million. Unacademy CEO Gaurav Munjal will remain in his role. The deal will integrate the online learning resources and technology platforms of both companies, according to Tech in Asia.

1180

Nvidia

2026-09-02 00:51:11

Nvidia Reportedly in Talks to Acquire Hugging Face for $14 Billion, Deal Could Close This Week

Nvidia (NVDA.O) is reportedly in advanced negotiations to acquire AI startup Hugging Face for approximately $14 billion, according to sources familiar with the matter. The deal might be finalized as early as this week, with a potential $1 billion employee retention plan included. However, the agreement is not yet final, and terms could still change. The acquisition would strengthen Nvidia's position in the AI ecosystem, adding Hugging Face's popular open-source platform for machine learning models. The talks underline the strategic importance of AI infrastructure amid rising demand for computing power. Both companies have declined to comment officially, but insiders suggest the deal structure may involve a $12.9 billion upfront payment plus the retention bonus. Market analysts view the potential acquisition as a major consolidation in the AI space, reflecting Nvidia's push to expand beyond hardware into software and community platforms. The outcome remains uncertain, with regulatory scrutiny and shareholder approval potentially impacting the timeline.

770

Nvidia

2026-09-02 00:40:37

Nvidia in Advanced Talks to Acquire Hugging Face for $14 Billion

Nvidia is in advanced negotiations to acquire AI startup Hugging Face for approximately $14 billion, with a deal potentially reached as early as this week. The transaction includes a $1 billion employee retention plan. Sources caution that no final agreement has been signed, and terms could still change. If completed, it would be Jensen Huang's largest deal to expand AI applications, giving Nvidia control over a key platform where developers share AI models.

830

fomo

2026-08-31 13:59:31

fomo acquires Mobula software and IP to build out in-house on-chain data stack

Social-first on-chain trading platform fomo said it has acquired proprietary software and intellectual property developed by on-chain data aggregation and infrastructure company Mobula, with part of the Mobula team set to join fomo as it builds its own data capabilities. The deal comes as fomo reported sharp operating growth since early July: total users have doubled to more than 1.9 million, daily new users have topped 30,000, and monthly active users in August exceeded 1.2 million. The company also said its iOS App Store ranking in the finance category reached as high as No. 3. On the business side, fomo said trading volume rose from $500 million in June to $1.5 billion in July, and August is on track for more than $2.8 billion in monthly volume and roughly $17 million in monthly revenue. Co-founder and CEO Paul Erlanger said the acquisition gives the company greater control over its infrastructure as it scales. Mobula founder Sacha Marcus, CTO Sacha Delhoux, and infrastructure lead Cyril Conan will join fomo’s engineering team.

900

BitGo

2026-08-29 13:35:28

BitGo Completes $42.5M Acquisition of NYDIG's Institutional Trading Business

BitGo has completed its acquisition of NYDIG's institutional trading business for about $42.5 million, in a two-step merger paid with $7 million in cash and roughly $35.5 million in BitGo stock, according to Decrypt. The deal brings about 30 NYDIG employees and institutional client relationships into BitGo, adding derivatives, structured products, financing and capital markets solutions for asset managers, hedge funds, corporates and family offices. Earnout provisions include a $10 million cash payment tied to a revenue milestone and up to $5 million in cash plus extra shares tied to a second milestone, along with retention awards for transferring staff. NYDIG will focus on power generation, bitcoin mining and high-performance computing data centers, with a disclosed development pipeline of more than 3 gigawatts. BitGo recently listed on the New York Stock Exchange at a post-offering valuation of about $2 billion and introduced the USDS token.

920

OpenAI

2026-08-29 15:22:30

OpenAI to Cut Off Cursor Model Access After SpaceX's $60B Anysphere Acquisition

CryptoBriefing reports that OpenAI has formally notified Cursor that it will terminate AI model services on Nov. 12. The notice was sent Aug. 28, and OpenAI cited concerns over prior contract breaches by Musk-controlled entities, including X and xAI, as the basis for the termination. The move arrives about two weeks after SpaceX closed its $60 billion all-stock acquisition of Anysphere, Cursor's parent company, on Aug. 14. OpenAI models currently account for roughly 5% of Cursor's total traffic, according to CryptoBriefing's report. That share, while relatively modest, will still need to be replaced before the service cutoff takes effect. Cursor is considering two alternatives: adopting Anthropic's Claude models or deepening its integration with Grok. It plans to complete the technical replacement within a 75-day transition period to ensure that developers' experience is not disrupted. The 75-day transition window provides a defined timeline for the technical switch. The cutoff date is fixed at Nov. 12. The news was originally reported by CryptoBriefing and relayed by Techub News.

880

Quantum Compu

2026-08-29 14:49:42

IonQ to Acquire SkyWater Technology in Vertical Integration Push

Quantum computing company IonQ has announced the acquisition of SkyWater Technology, a semiconductor manufacturer. The move shifts IonQ toward a vertically integrated model, as the acquisition is aimed at strengthening internal capabilities and accelerating innovation. Techub News reported the deal, which is expected to reshape the quantum computing industry.

330

OpenAI

2026-08-29 03:48:16

OpenAI Ends Cursor Partnership, Citing Trust Issues With Musk's Companies

ChainCatcher reports that OpenAI has terminated its nearly four-year partnership with Cursor. From this point on, new models from OpenAI will not be integrated into Cursor, and the existing model supply plan is due to end on November 12, 2026. The decision comes roughly two weeks after SpaceX closed its $60 billion acquisition of Cursor. The contract between OpenAI and Cursor included a provision that allowed OpenAI to stop the partnership after Cursor was acquired. OpenAI says the termination is tied to trust concerns regarding companies affiliated with Elon Musk. Specifically, OpenAI pointed to contract violations by Twitter following its acquisition and xAI's previous misuse of OpenAI models. Accordingly, OpenAI believes it is risky to keep providing new models to Cursor now that the company is controlled by SpaceX. The news was published by ChainCatcher on August 29, 2026. The cutoff for existing models was set to November 12, 2026, marking an end to the direct supply arrangement. OpenAI had the contractual right to walk away once the acquisition closed. Acquisition-related trust issues were central to the decision.

740