Nvidia is buying the place where open models live: $12.9 billion for Hugging Face
The deal is not finalized but both parties are pursuing it. Nvidia would land at the center of the ecosystem trying to escape its hardware.
Companies
Acquisition
Stripe is reportedly acquiring model gateway OpenRouter for more than $7 billion
According to Bloomberg, Stripe has finalised a deal to acquire OpenRouter, which gives customers a single access point to different AI models. The company raised at a reported $1.3 billion valuation in May.
Companies
Dynatrace to acquire Arize for $915M to add AI observability
Dynatrace is acquiring Arize, which specialises in AI observability and the AI development lifecycle, for $915 million, including around $815 million in cash.
Companies
SpaceX officially closes its Cursor acquisition
AI coding startup Cursor is now officially part of SpaceX. The $60 billion option was granted in April, and the acquisition moved forward after SpaceX went public.
Companies