SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion
LONDON — TravelPerk, a European corporate travel booking platform, told CNBC on Tuesday it has acquired Chicago-based startup AmTrav to ...
Tag: rival
OpenAI former safety leader Jan Leike joins rival AI startup Anthropic
Anadolu | Anadolu | Getty ImagesJan Leike, one of the lead safety researchers at OpenAI who resigned from the artificial ...
DeepL, a European rival to Google Translate, rides AI hype to a $2 billion valuation
Deepl CEO Jarek Jaroslaw.DeepLPARIS — DeepL, an artificial intelligence-powered translation platform, said Wednesday it's raised $300 million in fresh funding, ...
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ...
Boeing’s weakness has a lesser known rival from Brazil gearing up to compete, and American Airlines’ CEO is a fan
While Boeing struggles with regulatory hurdles and delivery delays, a smaller competitor known for its regional and business jets may ...
Intel slides 7% as foundry business loss spotlights wide gap with rival TSMC
Intel shares fell nearly 7% on Wednesday, as ballooning losses at its contract chip-making business signalled the company could take ...
Tesla rival Rivian’s market value jumps by over $1.7B after it unveils R2 and halts $5B factory—cutting costs ‘massively’ as Elon Musk suggested
Tesla rival Rivian faced a make-or-break moment this week as it unveiled its latest model, the R2 SUV. Judging by ...
OpenAI rival Cohere says some AI startups build Bugatti sports cars, ‘We make F-150s’
Cohere president Martin Kon says a lot of the hot artificial intelligence startups on the market today are building the ...
Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty ImagesCapital One's blockbuster takeover proposal ...
Stripe rival Adyen’s shares soar 22% as European payments giant posts profit beat, slows hiring
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company's market ...
