Sources: after Google's $32B deal, each of Wiz's four co-founders is set to get $2B+ in post-tax cash; Index is set to net $4B, Sequoia ~$3B, and Insight $2.7B
Two years after rejecting a $23 billion offer, Israel-based Wiz secured the largest acquisition in Google's history …
Saudi-backed AI startup Humain invested $3B in xAI, becoming a “significant minority shareholder” in a deal that completed just before SpaceX's xAI acquisition
Sources: Tokyo-based chipmaker Renesas agrees to sell its clocks and timing device business to Nasdaq-listed chip design company SiTime for ~$3B
Chipmaker divesting non-core businesses after seeing a loss in 1st 9 months of 2025 — Renesas' clocks and timing business was formerly part …
UPS plans to eliminate 30,000 jobs in 2026 as part of winding down its partnership with Amazon, and expects $3B in savings related to the Amazon unwind
United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Overly simplistic take...
Saviynt, an identity and access management service focused on “human and nonhuman” identity controls, raised a $700M Series B led by KKR at a $3B valuation
AI has businesses scrambling to ensure workers and software robots are who they say they are
Sources: SoftBank plans to invest up to $3B to remodel an EV plant in Lordstown, Ohio, that will produce equipment for OpenAI's forthcoming US data centers
Sri Muppidi / The Information :
Vista Equity Partners buys a majority stake in Nexthink, which uses AI to let businesses track employees' device and app performance, valuing Nexthink at $3B
Vista Equity Partners snapped up a majority stake in Nexthink SA, valuing the Swiss-American software company at $3 billion, the firm said in a statement.
Sources: Adobe held talks to acquire Synthesia, which makes AI tools that generate video avatars of people, for ~$3B; the startup was valued at $2.1B in January
Katie Roof / The Information :
Google agrees to guarantee $1.4B of AI computing startup Fluidstack's $3B, 10-year agreement with Cipher Mining and gets the right to buy a 5.4% stake in Cipher
Alphabet Inc.'s Google has agreed to anchor a $3 billion data center contract with Cipher Mining Inc. in the latest tie up between …