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Amazon Invests Up To $4 Billion In ChatGPT Competitor, AI Startup Anthropic

Benzinga

Amazon Inc. As part of this groundbreaking deal, Anthropic will leverage Amazon’s custom-designed chips to develop and rollout its AI software. As part of this groundbreaking deal, Anthropic will leverage Amazon’s custom-designed chips to develop and rollout its AI software. billion in Anthropic, with.

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Amazon agrees to buy Roomba maker iRobot for $1.7bn

The Guardian M&A

Acquisition part of Amazon’s bid to accelerate its growth beyond retail, but concerns raised about market power of Bezos firm Amazon announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7bn, scooping up another company to add to its collection of smart home appliances amid broader concerns about its market power.

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Amazon's Constructive Step To Beef Up Warehouse Safety, Acquires Cloostermans

Benzinga

Amazon.com, Inc (NASDAQ: AMZN ) scooped Cloostermans, a Belgian company that makes technology used in warehouses. Amazon began working with Cloostermans in 2019, using its technology to help move and stack heavy palettes and goods and package products together for delivery. In June, Amazon.

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Amazon Said To Be In Talks To Buy Indian Logistics Unicorn For Up To $600M

Benzinga

What Happened : The development follows Amazon’s efforts at building an in-house logistics division, as per the report. Ecom Express is an end-to-end technology-enabled logistics solutions provider to the Indian e-commerce industry, according to the firm’s website. It has a presence in all 29.

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Amazon acquires Roomba maker iRobot for $1.7bn

Financial Times M&A

Ecommerce group expands home technology portfolio but acquisition likely to attract regulatory attention

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Catching Up With Delaware's Chancery Court

Law 360 M&A

New cases in Delaware's Court of Chancery last week alleged "pie in the sky" investments by Palantir Technologies and wasteful satellite-launch contracts by Amazon. The nation's court of equity also logged notice of a $65 million settlement and got ready for another coming up this week that could be almost three times as much.

Equity 98
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US Audit Agency Can Now Inspect & Investigate Chinese Firms, US Senate Passes $858B In Annual Defense Spending: Today's Top Stories

Benzinga

government added Chinese memory chipmaker Yangtze Memory Technologies Co, Ltd and 21 "major" Chinese players in the artificial intelligence chip sector to a trade blacklist. added YMTC to the list over fears of diverting American technology to previously blacklisted Chinese tech giants Huawei Technologies Co Ltd and Hikvision.