Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. The provider of accounts payable (AP) automation solutions shared the news in a Thursday (May 9) post on LinkedIn after Corpay announced the deal in a Wednesday (May 8) press release. “We are thrilled to share that we are joining the Corpay team,” …
Nvidia plans to acquire Israeli startup Run:ai, a Kubernetes-based workload management and orchestration software provider. The chipmaker said in a Wednesday (April 24) blog post that it has entered into a definitive agreement to acquire Run:ai, adding that the deal will help customers make more efficient use of their artificial intelligence (AI) computing resources. “Run:ai enables enterprise customers to …
Apple has stepped up its foray into artificial intelligence (AI) by acquiring Datakalab, a Paris-based AI tech startup. The acquisition, finalized on Dec. 17, was quietly noted in a filing with the European Commission and reported by French media. It’s part of Apple’s reported push into AI. Datakalab, founded in 2016 by Xavier Fischer and Lucas Fischer, specializes …
Published: March 5, 2024 at 4:14 p.m. ET Box Inc.’s stock was up more than 13% after hours Tuesday after the software firm reported its first $1 billion fiscal year and announced a $100 million share-buyback program. “Customers in financial services are upgrading to Box AI,” Box Chief Executive Aaron Levie said in an interview, …
Published: Jan. 30, 2024 at 7:58 a.m. ET Advanced Micro Devices Inc. reports earnings after the closing bell Tuesday, and one analyst has ratcheted down his enthusiasm for the stock ahead of the big event. Admittedly, Raymond James’ Srini Pajjuri is still bullish on the stock, but he bumped his rating on it down to …