SAP Closes Dremio Buy on Undisclosed Terms, Bets Big on Agentic AI
SAP finalized its acquisition of data-lakehouse vendor Dremio on July 6, 2026, folding the Apache Iceberg-native platform into SAP Business…
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Ray Termsheet
Follows the money in the data economy: venture rounds, M&A, and strategic stakes across data vendors and infrastructure.
Index Ventures in Talks to Lead $500M Round for DeepMind Alum’s AI Lab
Index Ventures is reportedly in talks to lead a $500 million round for a new AI research lab founded by…
Anthropic in Talks to Pay $6B for Decart, Its Biggest Deal Ever
Anthropic is negotiating to acquire Israeli AI infrastructure startup Decart for roughly $6 billion, Reuters and Bloomberg reported August 12,…
Nielsen Pays $2.15B for DoubleVerify, Betting Workflow Beats Independence Worries
Nielsen announced an all-cash, $2.15 billion acquisition of DoubleVerify on Aug. 6, 2026, paying $13.60 a share (a 30% premium)…
General Catalyst, Nvidia, AMD Back River AI’s $1.1B Seed at 2 Months Old
River AI, the two-month-old startup from xAI co-founder Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by…
Genius Sports’ Media Revenue Jumps 193% as $1.2B Legend Bet Pays Off
Genius Sports says its media segment revenue surged 193%, Bettors Insider reported August 7, 2026, as the sports-data giant's $1.2…
Google’s $1.5B ‘Mechanize Deal’ Isn’t an Acquisition, Despite the Headline
Google is negotiating a deal valued at more than $1.5 billion for AI coding startup Mechanize, but independent reporting from…
Google Weighs $1.5B+ Mechanize Deal as It Loses Jeff Dean to Rival Startup
Google is negotiating a talent-and-licensing deal worth more than $1.5 billion with AI coding startup Mechanize, Business Insider reported August…
DataBahn Raises $40M Series B as Enterprises Rethink What a Data Pipeline Is For
Insight Partners leads a $40 million round for the Dallas startup's "agentic data control plane," a bet that enterprises will…
Scale AI Taps Google Cloud’s deSouza as CEO, Confirms Its Pivot to Apps
Scale AI named Google Cloud COO Francis deSouza as CEO effective August 10, 2026, replacing interim chief Jason Droege as…