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AI-360

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Paychex Acquires Paycor for $4.1B to Expand AI-Powered HR Technology Portfolio
Paychex Acquires Paycor for $4.1B to Expand AI-Powered HR Technology Portfolio

Paychex pays $22.50/share in $4.1B Paycor buyout, 21.4% premium. Deal aims to expand AI-driven HR tech and upmarket capabilities

by AI-360
AI and Agents Influence $229B in Holiday Sales as Online Shopping Hits Record $1.2T
AI and Agents Influence $229B in Holiday Sales as Online Shopping Hits Record $1.2T

Einstein made 368B recommendations as returns rose 28%. 75% of shoppers open to AI-managed returns.

by AI-360
Getty Images and Shutterstock Explore Merger as AI Tools Reshape Visual Content Market
Getty Images and Shutterstock Explore Merger as AI Tools Reshape Visual Content Market

Getty & Shutterstock shares surge amid merger talks. AI tools like Midjourney drive industry pressure, with Getty seeing 58.9% stock decline in past year

by AI-360
Nvidia Closes $700 Million Run:ai Acquisition After Regulatory Hurdles
Nvidia Closes $700 Million Run:ai Acquisition After Regulatory Hurdles

Run:ai to open-source its AI infrastructure software post $700M Nvidia buyout. Move expands beyond Nvidia GPUs despite firm's 80% market dominance.

by AI-360
OpenAI Plans Structural Evolution to Support Mission of AGI Development
OpenAI Plans Structural Evolution to Support Mission of AGI Development

OpenAI moves to convert its for-profit arm into a Delaware Public Benefit Corp, balancing mission goals with need to raise capital beyond initial $10B AGI estimate.

by AI-360
xAI Secures $6B Series C, Unveils World's Largest AI Supercomputer Initiative
xAI Secures $6B Series C, Unveils World's Largest AI Supercomputer Initiative

$6B Series C raise backs 100,000 NVIDIA GPU Colossus supercomputer, operational in 122 days, with planned expansion to 200,000 GPUs

by AI-360
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