News
Prudential: $389 Million Bharti Life Stake Acquisition To Expand India Insurance Presence
5+ hour, 37+ min ago (358+ words) Prudential announced it has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management as part of a strategic repositioning of its India operations. The transaction, which remains subject…...
Space X: 5-For-1 Stock Split Reportedly Approved Ahead Of Expected IPO
5+ hour, 12+ min ago (311+ words) According to reports, the stock split was recommended by Space X's board and approved by a majority of shareholders. Following the split, the company's fair market value per share will reportedly be reduced from approximately $526. 59 to around $105. 32. The split is…...
Meta: Neural Handwriting, Display Recording, Live Captions, Expanded Navigation And Developer Tools Roll Out On Ray-Ban Display
6+ hour ago (464+ words) Meta Platforms has unveiled a major software update for its Meta Ray-Ban Display smart glasses, marking six months since the launch of what the company describes as its "most advanced AI glasses ever built." The update introduces a series of…...
Santa Clara University: $175 Million Gift Launches Mark & Mary Stevens School Of Medicine
5+ hour, 41+ min ago (337+ words) The collaboration brings together Sutter Health and Santa Clara University to create a new model for physician education that combines healthcare delivery, research, innovation, and academic training. The school will be built adjacent to Sutter's East Santa Clara Campus in…...
Gentrack: NZ$24 Million Acquisition Of Factor Expands AI-Powered Pricing Intelligence In g2 Platform
4+ hour, 40+ min ago (579+ words) Gentrack announced it has completed the acquisition of Factor, embedding AI-powered pricing intelligence capabilities into its g2 utilities platform as the company expands its offering for global energy retailers. The transaction values Factor at an enterprise value of NZ$24 million, with…...
Gov Well: $25 Million Series A Raised For AI Government Operating System
4+ hour, 38+ min ago (597+ words) Gov Well announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from Gov Tech industry leaders David Reeves, former…...
IBM: New Forward Deployed Units Model Aims To Accelerate Enterprise AI Deployment
5+ hour, 8+ min ago (546+ words) IBM announced the launch of a new AI delivery model called Forward Deployed Units (FDUs), which the company says is designed to help enterprises move artificial intelligence initiatives from experimentation into large-scale production environments faster and more efficiently. In the…...
Monaco: $50 Million Series B Raised For AI-Powered Sales Platform Expansion
4+ hour, 42+ min ago (236+ words) The San Francisco-based company said it plans to use the capital to continue scaling its platform and growing its team, following its public beta launch that brought on hundreds of customers. Monaco said it has experienced surging demand since launching…...
Assertio: $166. 4 Million Acquisition By Zydus Worldwide DMCC Announced
18+ hour, 44+ min ago (331+ words) Assertio Holdings announced that it has entered into a definitive agreement to be acquired by Zydus Worldwide DMCC, a subsidiary of Zydus Lifesciences Limited, in an all-cash transaction valued at approximately $166. 4 million. Under the terms of the agreement, Zydus will…...
Open AI Reportedly Acquires Voice-Cloning Startup Weights. gg
19+ hour, 38+ min ago (222+ words) Open AI has acquired AI voice-cloning startup Weights. gg, a company known for tools that allowed users to create and share synthetic voices modeled after celebrities, musicians, fictional characters, and political figures, according to The New York Times. The acquisition…...