AI-infrastructure company Nscale is preparing for a potential New York listing, with investor meetings scheduled next week and banks Goldman Sachs and JP Morgan exploring a valuation of $25 billion, o…
British AI neocloud Nscale is acquiring software startup Anyscale for $1.65 billion to expand its AI compute stack. Anyscale, built on the open-source Ray framework, provides workload management and s…
French electronics conglomerate Schneider Electric has acquired Norwegian AI company Cognite for $3.1 billion (30 billion SEK), with seller Aker expecting proceeds of 14.7 billion NOK. Cognite, a prov…
Schneider Electric acquired Norwegian industrial AI company Cognite for $3.1bn in cash, aiming to integrate its data and AI platform into its Aveva software unit. The deal positions Schneider to lead …
Schneider Electric acquired Cognite for $3.1 billion in late June 2026, marking the largest Norwegian software exit. The deal gives Schneider ownership of Cognite's industrial data platform, which con…