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Prosus acquires online travel platform Despegar for $1.7 billion
Prosus' acquisition of Despegar will strengthen the company's presence in the e-commerce, travel and fintech sectors in Latin America.
In September 2021, we told you that Prosus, one of the world's leading technology investors, acquired...
Xerox buys rival Lexmark for $1.53 billion
The acquisition is expected to be completed in the second half of 2025. Xerox expects to realize annual cost savings of 200 million dollars within two years after the completion of this deal.
It is...
Backflip AI, which creates 3D visuals with artificial intelligence support, receives $30 million investment
The investment round was led by Andreessen Horowitz and New Enterprise Associates, with Microsoft CTO Kevin Scott and Android founder Rich Miner.
Backflip AI, which focuses on AI-powered 3D visual production, has received $30 million...
GitHub releases free version of Copilot
GitHub Copilot, which is available as a free version, will also take its place in the VS Code editor.
Github Copilot, Microsoft-owned GitHub's AI-powered code completion and programming tool, first appeared in 2021. Github Copilot,...
Slip Robotics, a provider of automated truck loading robots, receives $28 million investment
Eve Atlas, Tech Square Ventures, Hyde Park Venture Partners, Overline and Pathbreaker Ventures participated in the investment round led by DCVC.
Slip Robotics, a provider of automated truck loading robots as a service, has raised...
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