Amazon has acquired the AI wearables startup Bee, according to a LinkedIn post by Bee co-founder Maria de Lourdes Zollo. Amazon confirmed the acquisition to TechCrunch but noted that the deal has not yet closed. Bee, which raised $7 million last year, makes both a stand-alone Fitbit-like bracelet (which retails for $49.99, plus a $19-per-month…
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show….
Go to any run club in the world and there’s a good chance that everyone there has two things: a Garmin smartwatch to track their run and a Strava account to brag about it. Given the global running boom, it makes Strava’s lack of any modern, in-app training plans a curious and glaring omission. Or,…
Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…
U.K. chip company Graphcore has been formally acquired by Japan’s SoftBank. Rumors of the deal have abounded for some time, but protracted negotiations and regulatory approvals have meant neither company has confirmed anything until now. Even today, the company wouldn’t confirm the one thing most people will be wondering: How much does Japanese multinational SoftBank…
There’s a lot of buzz about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the one between OpenAI and PwC last week, and you’ll see that the world is already years into using customer-facing, no-code AI tools for extracting information and working faster. Now,…