Hexagon pays $1.45 billion for Baker Hughes’ inspection tech unit in biggest European industrial deal of 2026
Hexagon AB, the Swedish industrial technology group ($29B market cap, €5.4B revenue), is acquiring Waygate Technologies from Baker Hughes for $1.45 billion in cash. Waygate is the world’s leading non-destructive testing (NDT) company, with ~$630M in revenue, ~1,500 employees across 25 locations, and technology spanning CT scanning, radiography, ultrasonics, and remote visual inspection for aerospace, […]<br /> This story continues at The Next Web [...]
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Hexagon acquires Waygate Technologies from Baker Hughes for $1.45 billion
Waygate generates approximately $630 million in annual revenue with around 1,500 employees across 25 locations. The deal gives Hexagon’s Manufacturing Intelligence division computed tomography, radi [...]
Mistral AI launches Vibe, expands into industrial AI and announces data center push to challenge OpenAI
Mistral AI used its first-ever developer conference on Wednesday to announce a sweeping expansion into industrial manufacturing, a new inference data center south of Paris, and a rebranding of its con [...]
The White House has reportedly settled on an explanation for how 'Signalgate' happened
After an internal investigation, The White House has come up with a likely explanation for how Jeffrey Goldberg, the editor-in-chief of The Atlantic, was included in a Signal chat filled with Trump of [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Mistral AI launches Workflows, a Temporal-powered orchestration engine already running millions of daily executions
Mistral AI, the Paris-based artificial intelligence company valued at €11.7 billion ($13.8 billion), today released Workflows in public preview — a production-grade orchestration layer designed to [...]
Microsoft and OpenAI gut their exclusive deal, freeing OpenAI to sell on AWS and Google Cloud
Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]