ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of […]
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As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow, and (it hopes) help truckers weather the changes. Nirvana, an AI-based […]
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Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that operates various brands including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. “Rocket and Redfin have a unified vision of […]
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A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole. Plagued by delays and cost overruns, the country, which has already shelled out $50 billion, could reportedly face another 55 years of construction, […]
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Manus, an “agentic” AI platform that launched in preview last week, is generating more hype than a Taylor Swift concert. The head of product at Hugging Face called Manus “the most impressive AI tool I’ve ever tried.” AI policy researcher Dean Ball described Manus as the “most sophisticated computer using AI.” The official Discord server […]
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Faced with an aging population and labor shortages, Japanese businesses are increasingly relying on service robots to supplement their workforce, according to Bloomberg. Research firm Fuji Keizai projects the country’s service robot market to nearly triple by 2030, to ¥400 billion ($2.7 billion). Potentially driving that growth: The Recruit Works Institute projects that the country […]
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The CEO of Colossal, a startup that aims to use genetic editing techniques to bring back extinct species, including the wooly mammoth, assured audiences at SXSW that the company has no plans to create a real-life Jurassic Park — lest there was any doubt. “Modern conservation isn’t working […] and we’re gonna need a ‘de-extinction’ […]
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