Advanced Computing in the Age of AI | Friday, March 29, 2024

acquisitions

Databricks’ $1.3B MosaicML Buyout: A Strategic Bet on Generative AI

Databricks is the latest company to place a large bet – to the tune of $1.3 billion – on generative AI. On the first day of its sold-out Data + ...Full Article

Update: UK Orders In-Depth Antitrust Investigation into Proposed $40B Nvidia Arm Acquisition

With antitrust and national security concerns continuing amid the proposed $40 billion acquisition of U.K.-based Arm Ltd. by Nvidia, the British government today (Nov. 16) ordered an in-depth, 24-week ...Full Article

UK Government Delving Deeper into Nvidia-Arm Acquisition Proposal: Report

The British government will reportedly soon order an in-depth antitrust investigation into the proposed $40 billion Nvidia acquisition of Arm, following a similar investigation that was undertaken just three ...Full Article

Intel Seeks $30B Deal for GlobalFoundries as New CEO Pat Gelsinger’s Changes Continue: Report

When Intel launched plans in March to spend $20 billion to launch two new fabs to dramatically increase its computer chip production capabilities, it was a big deal, coming ...Full Article

Red Hat Bolstering Its OpenShift Kubernetes Security with Acquisition of StackRox

Red Hat is bringing deeper security capabilities to its popular Red Hat OpenShift enterprise Kubernetes platform through the acquisition of container and Kubernetes security vendor StackRox. The deal is ...Full Article

Scale AI Targets App Development Bottlenecks

Scale AI Inc, a fast-growing provider of training and validation data for AI applications, disclosed a successful mid-stage funding round this week along with its acquisition of another AI ...Full Article

Update: Marvell Acquiring Interconnect Chip Vendor Inphi in $10B Deal

Arm chip maker Marvell Technologies is buying data interconnect vendor Inphi for about $10 billion in cash and stock, continuing a wave of recent big-name vendor consolidations that have ...Full Article

U.S. Circles Wagons on Foreign Tech Deals

The seemingly inevitable consolidation of the global semiconductor industry, plagued as it is by overcapacity and an unending search for new markets, was slowed at least temporarily by a ...Full Article

Red Hat Buys Storage Specialist

Open source leader Red Hat continued its buying spree with the acquisition of a data compression software specialist focused on cloud storage. Red Hat said this week its acquisition ...Full Article

TriCore Deal Boosts Rackspace’s Apps Offerings

A day after naming a new CEO, managed cloud specialist Rackspace has moved to beef up its enterprise application delivery capabilities with the acquisition of an application, cloud and ...Full Article
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