Latest AI Business updates (Acquisitions, Deals, Funding)
Latest AI Business updates (Acquisitions, Deals, Funding)

Latest AI Business updates (Acquisitions, Deals, Funding)

  • Palantir signed a multi-year partnership with Lumen Technologies, securing over $200 million in AI services to help Lumen cut $1 billion in costs by 2027.

  • OpenAI bought Software Applications, the maker of the Sky desktop AI assistant, to integrate natural-language control of software into ChatGPT.

  • EA partnered with Stability AI to create generative AI tools for 3D asset creation and pre-visualization, aiming to speed game development.

  • Krafton announced a $70 million investment in a GPU cluster and an AI-First strategy to automate development and management tasks.

  • Tensormesh raised $4.5 million seed to commercialize LMCache, promising up to ten-fold inference cost reductions.

  • Wonder Studios secured $12 million seed funding to scale AI-generated entertainment content and double its engineering team.

  • Dell Technologies Capital discussed backing startups that leverage frontier data for next-gen AI, emphasizing data as a core fuel.

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