AI Acquisitions

Cohere, the enterprise-focused AI company co-founded by Transformer paper authors, is reportedly exploring an IPO at $5.5B+ valuation.

Google completed its $32B acquisition of Wiz, the largest acquisition in Google history, after a failed $23B attempt in 2024.

Google signed a licensing deal worth $2.7B to bring Character.AI co-founder Noam Shazeer and key researchers back to Google DeepMind.

Google offered $23B to acquire Wiz, but the deal fell apart when Wiz chose to pursue an IPO instead.

Amazon hired most of Adept AI team including co-founder David Luan, paying approximately $500M in licensing and compensation.

OpenAI acquired Rockset, a real-time search and analytics database, to enhance retrieval-augmented generation capabilities.

IBM announced its $6.4B acquisition of HashiCorp, the infrastructure-as-code company behind Terraform and Vault.

Apple quietly acquired DarwinAI, a Canadian startup specializing in making AI models smaller and faster for edge deployment.

Cisco completed its $28B acquisition of Splunk, the data analytics and security platform, to build AI-powered network security.

Microsoft paid $650M to license Inflection AI technology and hire most of the team, including CEO Mustafa Suleyman.

Cloudflare acquired Baselime, an AI-powered observability platform designed for serverless and cloud-native applications.

HubSpot acquired Clearbit, the AI-powered B2B data enrichment platform, to enhance its CRM with intelligent data capabilities.

Amazon invested up to $4B in Anthropic, making it the largest outside investor in the AI safety company.

Runway acquired Atlas, a data labeling company specializing in video, to strengthen their AI video generation training pipeline.

Figma acquired Diagram, the AI design startup that built tools like Genius and Magician for AI-powered design workflows.

Samsung acquired Oxford Semantic Technologies, a University of Oxford spinout specializing in knowledge graph databases and AI reasoning.

Databricks acquired MosaicML, a company specializing in efficient AI model training, for $1.3B.

Thomson Reuters acquired Casetext, an AI-powered legal research platform that built CoCounsel (the first GPT-4 powered legal AI).

Snowflake acquired Neeva, the AI-powered search startup founded by former Google exec Sridhar Ramaswamy, for approximately $200M.

Microsoft invested $10B in OpenAI, building on earlier investments to reach a reported 49% economic interest in the company.

Meta acquired Within, maker of the Supernatural VR fitness app, despite FTC antitrust challenge.

Adobe $20B acquisition of Figma was abandoned in December 2023 after UK and EU regulators raised competition concerns.

Oracle completed its $28.3B acquisition of Cerner, one of the largest healthcare IT companies, to build an AI-powered clinical platform.

Microsoft completed its $19.7B acquisition of Nuance Communications, the healthcare AI and speech recognition company.

ByteDance acquired Pico, a Chinese VR headset maker, to build an AI-powered metaverse platform.

ServiceNow acquired Element AI, a Canadian enterprise AI company co-founded by deep learning pioneer Yoshua Bengio.

NVIDIA attempt to acquire Arm Holdings from SoftBank for $40B was blocked by regulators in February 2022.

Snap acquired AI Factory (Ukrainian AI team) and Ariel AI (3D body tracking) to enhance Snapchat AR capabilities with machine learning.

Salesforce acquired Tableau, the data visualization leader, for $15.7B in an all-stock deal.

Google acquired DeepMind, the London-based AI research lab founded by Demis Hassabis, for approximately $500M.