acquisitions

Meta buys AI coding startup Conductor in tools race

Meta has acquired Conductor, a startup whose app lets software engineers run several AI coding agents at the same time. Axios first reported the deal on Wednesday, November 4, citing people familiar with it. The companies did not disclose financial…

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OpenAI to buy coding startup Pierre, taking aim at GitHub

OpenAI will acquire Pierre Computer, a developer tools startup whose technology already runs inside Codex, the company told Axios in an exclusive report published Wednesday, November 4. The deal is OpenAI's latest move to own the infrastructure that stores, reviews…

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Meta buys AI analytics startup Sundial for new data unit

Meta Platforms has acquired Sundial, an AI-powered data analytics platform built by two former Meta executives, a company spokesperson confirmed to Axios, which first reported the deal on Friday, October 23. Sundial will become part of Meta's new data analytics…

Kraken parent Payward to buy Lithuania’s Saldo Bank

Payward Inc., the San Francisco-based parent of crypto exchange Kraken, has signed a definitive agreement to acquire Saldo Finance Oy. The Finnish holding company owns Saldo Bank UAB, a digital-first specialized bank licensed in Lithuania. The deal would give Payward…

Shein pursues acquisitions to revive growth after rocky Hong Kong IPO

Fresh off a turbulent Hong Kong stock market debut, Shein is turning to acquisitions to convince investors it can become more than a fast-fashion retailer. The company, sitting on roughly $15 billion in cash and another $1.74 billion raised through…

Schneider Electric raises full-year outlook after record H1

Schneider Electric on Thursday reported record first-half 2026 results and raised its full-year outlook, citing booming demand from cloud companies building data centers to support artificial intelligence workloads.

SoftBank in talks to buy Swiss robotics startup Gravis

SoftBank Group Corp. is in talks to acquire Gravis Robotics AG, a Swiss startup that makes autonomous systems for heavy construction equipment, in a deal that could value the company at more than $500 million, Bloomberg reported on Thursday.