PALO ALTO: Honda Motor Co. and the artificial intelligence chip company Mythic announced a partnership Tuesday to develop a new, highly efficient computing system for future vehicles, aiming to significantly advance driver-assist and autonomous features while supporting Honda’s long-term safety…
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Tikehau Capital have announced the creation of a joint investment platform to promote the development of charging infrastructure for electric vehicles in urban public spaces in Belgium and the Netherlands. This partnership will support…
ORLANDO: Venu+, the leading global provider of tech-enabled guest mobility, storage, and entertainment solutions for the world’s top amusement destinations, today announced the acquisition of Tiburon Lockers, an innovative leader in custom locker rental systems. This acquisition represents a significant milestone…
LONDON: AstraZeneca AZN.L is making a multi-billion dollar push into China, announcing a major investment and a new obesity drug partnership, as it prepares for a high-profile U.S. stock listing that underscores the pharmaceutical giant’s delicate balancing act between its…
BEIJING: Chinese tech giant Baidu Inc. said Friday it plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it in Hong Kong, as domestic chipmakers seek capital amid Beijing’s drive for semiconductor independence. The company announced it…
SAN FRANCISCO: Cvent, a major provider of meetings and events technology, said on Monday it has agreed to acquire intelligent engagement platform ON24 (ONTF.N) in an all-cash deal valued at about $400 million. The transaction brings together Cvent’s event management…
MENLO PARK: Meta Platforms (META.O) said on Tuesday it acquired Singapore-based artificial intelligence start-up Manus, a developer of general-purpose AI agents, as the social media giant accelerates its massive investments into automating complex business and consumer tasks. While Meta did…
LEHI — Pattern Group Inc. (Nasdaq: PTRN), a global ecommerce acceleration platform, announced Thursday its acquisition of NextWave, a leading TikTok commerce agency. The move significantly expands Pattern’s capabilities in creator-led social commerce and TikTok Shop operations. The acquisition aims to…
STAMFORD — Altus Power, a leading owner and operator of commercial-scale clean electrification assets, announced Wednesday the acquisition of a 234-megawatt portfolio of solar generation and storage assets from investment manager Greenbacker Renewable Energy Company. The acquired portfolio comprises more…
DALLAS – Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has acquired U.K.-based Greenray Turbine Solutions, Ltd., a comprehensive provider of aftermarket products and services for industrial…
NEW YORK – Royalty Pharma plc said on Tuesday it acquired a royalty interest in two of Nuvalent Inc’s experimental lung cancer therapies for up to $315 million, betting on the drugs’ multi-billion dollar sales potential. The deal gives the…
WILMINGTON — iRobot Corp., the Massachusetts-based maker of consumer robots, filed for Chapter 11 bankruptcy protection after reaching a restructuring support agreement that will hand control of the company to Shenzhen PICEA Robotics Co. and Santrum Hong Kong Co. Under…