Perplexity signed a $750 million, three-year deal with Microsoft that will enable the artificial intelligence startup to use the tech giant’s Azure cloud service, Bloomberg reported Friday (Jan. 30). The deal will allow Perplexity to use Microsoft’s Foundry service to access AI models, according to...
Apple has acquired Q.ai, an Israeli startup focused on artificial intelligence technology for audio, the Financial Times reported on Thursday (Jan. 29), as the company prepares to report fiscal fourth-quarter results later Thursday amid growing scrutiny of its AI strategy. Apple did not disclose financial...
Scoro has acquired Envoice, saying it aims to provide companies with a comprehensive solution for managing projects, work, resources and costs. Envoice’s artificial intelligence (AI)-powered bill and expense management platform will continue to operate as a standalone product, complementing Scoro’s professional services automation software, Scoro said in...
PAR Technology aims to continue its efforts to combine previously disjointed foodservice technology solutions by acquiring identity resolution and shopper intelligence platform Bridg, a division of Cardlytics. The global foodservice technology provider agreed to acquire Bridg for $27.5 million or up to $30 million after...
Capital One plans to acquire expense management platform Brex for $5.15 billion. The companies have signed a definitive agreement, and the transaction is expected to close in the middle of the year, subject to customary closing conditions, Capital One said in a press release. Richard D. Fairbank, founder, chairman and CEO of Capital One, said in the release that the...
Business travel, payments and expense management platform Navan deepened its integration with Booking.com. “With a new, updated direct integration, our partnership further expands travelers’ access to more properties and better rates, while making it simpler for travel managers and finance departments to oversee company stays,...
PayPal is set to acquire marketplace and dropship automation platform Cymbio. As the company noted in a news release Thursday (Jan. 22), PayPal has in the past worked with Cymbio as part of its agentic commerce services. “Acquiring Cymbio’s technology and team will enhance our agentic commerce capabilities and...
Yelp is bolstering its AI capabilities by acquiring artificial intelligence-powered customer communication platform Hatch. The online business directory announced the deal Wednesday (Jan. 21), saying it would employ Hatch’s lead management solutions to better assist service businesses as they adopt AI. “The acquisition of Hatch...
Regions Bank has launched a partnership with payments technology company Worldpay. The collaboration, announced Wednesday (Jan. 21), is designed to improve how the bank’s business clients accept payments and manage cash flow operations. “Accepting payments allows Regions’ business clients to sell in-store, online, and anywhere...