Stability AI seeks possible buyer due to dispute with shareholder
British AI specialist Stability AI is looking for a possible buyer. The search was reportedly triggered by an action by U.S. activist shareholder and venture capitalist firm Coatue Management.
Stability AI, known for its generative image tool Stable Diffusion, among others, has recently been sea... Read more
SAP wants to divest Qualtrics: $12.4 billion offer comes in
US investment firm Silver Lake and Canadian pension fund CPPIB have made a bid for SAP subsidiary Qualtrics. They have $12.4 billion (11.6 billion euros) left for the customer experience (CX) player.
This follows an announcement to stock market regulator SEC. SAP announced earlier this year that... Read more
ForwardOne raises €145 million for European tech companies
ForwardOne closes a €145 million investment fund for European tech companies. The Dutch venture capitalist wants to invest the fund in startups and small businesses in Scandinavia, Germany and the Netherlands.
Most of the money was raised from family funds and entrepreneurs, according to Dutc... Read more