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Fox has completed its $22 billion acquisition of Roku, wrapping up one of the biggest media deals in recent years and giving the company a major boost in the streaming and connected TV space. Announced Friday, the deal brings the streaming company founded in 2002 formally under Fox’s ownership. Fox says the combined company now…
Batteries are everywhere, even on the battlefield, which helps explain the Pentagon’s recent interest in building more domestic manufacturing capacity. The 12-year-old, North Andover, Massachusetts-based startup 6K announced Thursday that it won conditional approval for a $250 million loan from the Department of Defense to build a factory in Tennessee. The plant will use a…
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round…
Nothing, the smartphone startup behind the distinctive Nothing Phone, is working on an AI product, but what it is remains unclear. On Wednesday, CEO Carl Pei posted on X that the company’s first “AI-native product” ships in December. “It’s a tool, but one built with the personality and care that have come to define a…
Anthropic is expected to receive a high “junk” rating from credit rating agencies following its initial public offering, according to a report from the Financial Times. The FT says the investment giant Blackstone, the anchor investor in a recent $63 billion deal to finance Anthropic’s chips, told investors in the deal that it expects the…
Salesforce has agreed to acquire Rune Technologies, a startup that builds AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported. The acquisition underscores Salesforce’s push into defense tech through Missionforce, its business unit serving national security and defense…
Apps in the consumer voice AI world seem to be converging, as Granola, known for its meeting notetaker, launched a dictation feature today. This comes months after Wispr, known for its dictation tool, launched a meeting notetaker. Granola’s dictation currently works on Mac just like any other such tool. Users can press the “Fn” key…
Apple has officially entered the touchscreen MacBook Pro era, and apparently, it wants to drain your wallet while it’s at it. The new touchscreen MacBook Pro starts at $2,899, which is already a hefty price tag in this economy. But if you want the absolute top-of-the-line model with every possible upgrade, prepare to cough up…
The Dallas-based investment firm Disruptive, whose past bets include Palantir, Airbnb, and Spotify, announced a $10 billion fund to back at least 10 late-stage companies, with checks of up to $1 billion, it said Tuesday. It’s one of the biggest fundraises of the year so far, aiming to back (what else?!) the capital-intensive fields of…
A little over a month ago, Anthropic and AI infrastructure provider Nscale announced a $45 billion compute deal. Now the duo may be about to do it again. Bloomberg reports that the two companies are said to be on the verge of announcing yet another $45 billion compute deal, citing people familiar with the matter….