Cohere and Aleph Alpha sign merger agreement
On 16 September 2026 Cohere and German AI company Aleph Alpha signed a merger agreement, reportedly valuing the combined company at about $20 billion. The deal still needed regulatory approval.
Total 4 · Clear filters
SpaceX acquires xAI
On 2 February 2026 SpaceX acquired xAI in an all-stock deal. A memo to employees put the combined company at $1.25 trillion, and LSEG data showed it to be the largest merger on record. The AI unit was renamed SpaceXAI in July 2026.
Perplexity offers $34.5 billion for Google Chrome
On 12 August 2025 the AI startup Perplexity made a $34.5 billion all-cash bid to buy Google's Chrome browser, presenting the sale as a remedy for Google's antitrust litigation and pledging to keep Chromium open source.
Perplexity bids to merge with TikTok US
On 18 January 2025, Perplexity submitted a bid to merge with TikTok's US business, proposing a combined entity rather than an acquisition in an attempt to work around ByteDance's refusal to sell, one day before a US ban was due to take effect.