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Acquisitions3 articles

Acquisitions

Articles

  • Hugging Face Evaluates Acquisition Inquiries at $13B Valuation

    Open-source machine learning hub Hugging Face has received preliminary acquisition approaches that value the company at $13 billion or higher, according to reporting from Business Insider and TechCrunch. The company is reportedly consulting with investment banks to assess inbound interest, though no formal sale agreement has been signed. The prospective valuation represents nearly a three-fold increase from Hugging Face's August 2023 Series D funding round, which valued the company at $4.5 bill

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  • Anthropic Nears $7B Acquisition of AI Infrastructure Startup Decart Ahead of IPO

    Anthropic is finalizing negotiations to acquire Israeli artificial intelligence infrastructure startup Decart in a transaction valued at approximately $7 billion, according to reporting from Calcalist and Reuters. The acquisition, expected to be settled primarily in Anthropic equity, would mark the Claude developer's largest purchase to date as it prepares for a planned initial public offering. Founded in September 2023 by Dr. Dean Leitersdorf and Moshe Shalev, Decart specializes in hardware-ag

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  • Stripe Finalizes B+ Acquisition of AI Gateway OpenRouter

    Stripe has finalized an agreement to acquire AI model routing startup OpenRouter for more than $7 billion, according to reports from Bloomberg and TechCrunch. The deal marks one of the largest acquisitions in the artificial intelligence infrastructure sector to date and signals Stripe's intention to control the payment, metering, and routing layers of foundational AI services. OpenRouter, founded in 2023 by Alex Atallah, operates an API gateway that aggregates access to hundreds of large langua

    1 min