Look, I’ve been following the adventures of xAI, Elon Musk’s AI company, and I’ve come to a conclusion: its only real idea is “What if AI, but with Elon Musk this time?” What’s publicly available about xAI makes it seem like Musk showed up to the generative AI party late, and without any beer. This [...]read moreWhat’s the point of Elon Musk’s AI company
MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system (RDBMS) confirmed it had received a provisional offer from California-based K1 Investment Management. K1 quietly revealed on Friday that it had tabled what is known as an “unsolicited non-binding indicative proposal” for MariaDB, which [...]read moreStruggling database company MariaDB could be taken private in $37M deal
[ad_1]
By Bloomberg Published Feb 5, 2024 Blackstone Inc. is considering a bid for skin-care company L’Occitane International SA, according to people familiar with the matter. The private equity firm has been conducting preliminary due diligence as it evaluates a potential offer for L’Occitane, the people said. Blackstone is considering the possibility of teaming up with L’Occitane’s billionaire [...]read moreBlackstone said to consider bid for skin-care company L’Occitane
Sainsbury’s loss is The White Company’s gain. Just as the UK supermarket gears up for a deeper dive into the fashion segment, its general merchandise boss Paula Nickolds is leaving to take on the job of CEO at The White Company. The White Company Nickolds, who was also previously at the helm of John Lewis [...]read morePaula Nickolds say goodbye to Sainsbury’s for White Company CEO post
Translated by Roberta HERRERA Published Jan 18, 2024 Global beauty giant L’Oréal, through its venture capital fund Bold, has recently acquired a minority stake in Timeline, a Swiss biotechnology company specializing in longevity. A mitochondrion – L’Oréal Established in 2007 by Chris Rinsch and Patrick Aebischer, as a spin-off from the École Polytechnique Fédérale de [...]read moreL’Oréal invests in Timeline, a Swiss biotech company specializing in longevity