Amazon to invest $4 billion in AI startup Anthropic and partner on generative AI

FILE PHOTO: Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration Amazon, the e-commerce giant, announced on Monday that it will invest up to $4 billion…

NNR September 25, 2023

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PlayStation Plus to lose 16 free games after October 17

PlayStation Plus subscribers will have to say goodbye to some of their favourite games as Sony has announced that 16 titles will no longer be available for free on the…

NNR September 23, 2023

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Rite Aid negotiating bankruptcy plan to close stores

Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include closing roughly 400 to 500 stores, according to a report in the Wall Street…

NNR September 23, 2023

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Microsoft to launch Windows 11 Moments update with AI helper Copilot

Microsoft announced that it will release the fourth Moments update for Windows 11 next week, which includes a preview version of Windows Copilot, an AI-powered assistant that can perform various…

NNR September 23, 2023

Wire

Ausenco to receive majority stake investment from Eldridge, Brightstar, and Claure Group

Eldridge, Brightstar Capital Partners (Brightstar), and Claure Group have entered into a definitive agreement to acquire a majority stake in Ausenco from Resource Capital Fund VI L.P. and other co-investors.…

NNR September 23, 2023

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KLDiscovery to acquire Cenza Technologies

KLDiscovery Inc. (KLD), a prominent global provider of electronic discovery, information governance, and data recovery services, has announced a definitive agreement to acquire the business of Cenza Technologies Private Limited…

NNR September 23, 2023

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Trimlite Equity, L.P. acquires Francis-Schulze Company

Trimlite Equity, L.P. (Trimlite), a portfolio company of Wynnchurch Capital, has recently completed the acquisition of Francis-Schulze Company (F-S), a renowned distributor of exterior door products and hardware. While specific…

NNR September 23, 2023

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Bleecker Street Group acquires maritime software company Ripple

Bleecker Street Group (BSG), a global software holding company, has announced the acquisition of Ripple, a leading integrated maritime software company. The deal is expected to boost BSG’s presence in…

NNR September 22, 2023

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Abpro Corporation to merge with Atlantic Coastal in $725 million deal

Abpro Corporation, a biotechnology company developing next-generation antibody therapies for severe and life-threatening diseases, has announced a term sheet to enter into a definitive business combination with Atlantic Coastal Acquisition…

NNR September 22, 2023

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Biologics Consulting Group names Dr. Margaret Vernon as new CEO

Biologics Consulting Group, Inc., a leading regulatory and product development consulting firm for biologics, drugs, and medical devices, has announced the appointment of Dr. Margaret K. Vernon as its new…

NNR September 22, 2023

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Faraday Future appoints Matthias Aydt as new Global CEO

Faraday Future, a California-based electric mobility company, has announced that Matthias Aydt, a long term FF executive, will take over as the new Global CEO of the company, effective September…

NNR September 22, 2023

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Kokusai Electric plans Tokyo Stock Exchange listing in Japan’s largest IPO in 5 years

Kokusai Electric, a chipmaking equipment manufacturer, announced its plans to go public on the Tokyo Stock Exchange on October 25, 2023. The company’s listing is expected to be Japan’s largest…

NNR September 21, 2023