Category: Uncategorized

  • ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio

    ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of… Read more

  • Nirvana keeps on truckin’ with $80M at a $830M valuation for its AI-powered insurance

    As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow, and (it hopes) help truckers weather the changes. Nirvana, an AI-based… Read more

  • Rocket Companies to acquire Redfin in $1.75B deal

    Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that operates various brands including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. “Rocket and Redfin have a unified vision of… Read more

  • Neom is reportedly turning into a financial disaster, except for McKinsey & Co.

    A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole. Plagued by delays and cost overruns, the country, which has already shelled out $50 billion, could reportedly face another 55 years of construction,… Read more

  • Manus probably isn’t China’s second ‘DeepSeek moment’

    Manus, an “agentic” AI platform that launched in preview last week, is generating more hype than a Taylor Swift concert. The head of product at Hugging Face called Manus “the most impressive AI tool I’ve ever tried.” AI policy researcher Dean Ball described Manus as the “most sophisticated computer using AI.” The official Discord server… Read more

  • Japan’s service robot market projected to triple in five years

    Faced with an aging population and labor shortages, Japanese businesses are increasingly relying on service robots to supplement their workforce, according to Bloomberg. Research firm Fuji Keizai projects the country’s service robot market to nearly triple by 2030, to ¥400 billion ($2.7 billion). Potentially driving that growth: The Recruit Works Institute projects that the country… Read more

  • Colossal CEO Ben Lamm says humanity has a ‘moral obligation’ to pursue de-extinction tech

    The CEO of Colossal, a startup that aims to use genetic editing techniques to bring back extinct species, including the wooly mammoth, assured audiences at SXSW that the company has no plans to create a real-life Jurassic Park — lest there was any doubt. “Modern conservation isn’t working […] and we’re gonna need a ‘de-extinction’… Read more

  • Tammy Nam joins AI-powered ad startup Creatopy as CEO

    Creatopy, a startup that uses AI to automate the creation of digital ads, has brought on a new CEO: Tammy H. Nam. Nam was previously COO and CMO at photo-editing startup PicsArt, and before that the CEO of video streamer Viki. She told TechCrunch via email that Creatopy was looking for a US-based executive who… Read more

  • Apple’s smart home hub reportedly delayed by Siri challenges

    Apple announced this week that the “more personalized” version of Siri that it promised last year has been delayed — and according to Bloomberg’s Mark Gurman, that’s also postponed the launch of the company’s planned smart home hub. In a statement, Apple said the upgraded Siri features, which are part of its broader Apple Intelligence… Read more

  • Musk may still have a chance to thwart OpenAI’s for-profit conversion

    Elon Musk lost the latest battle in his lawsuit against OpenAI this week, but a federal judge appears to have given Musk — and others who oppose OpenAI’s for-profit conversion — reasons to be hopeful. Musk’s suit against OpenAI, which also names Microsoft and OpenAI CEO Sam Altman as defendants, accuses OpenAI of abandoning its… Read more