Big Tech Expands Its Reach Through Acquisitions and Investments

Big Tech Expands Its Reach Through Acquisitions and Investments

Welcome to Startups Weekly, your one-stop shop for everything you need to know about the exciting world of startups. This week, we'll delve into the growing influence of Big Tech companies and how they're extending their reach through acquisitions and investments in the startup ecosystem. We'll also explore some of the most captivating startup stories, funding news, and founders' and investors' insights that captured our attention this week. Big Tech Flexes Its Muscles Through Acquisitions While the U.S. tech IPO market remains sluggish, mergers and acquisitions (M&As) dominated exit headlines this week. Here's a glimpse into some of the noteworthy acquisitions that took place: Blazing into Public Markets: Blaize, an AI chip startup established in 2011 by former Intel engineers, specializes in edge applications. After announcing its intention to go public via a SPAC the day before, Blaize successfully debuted on the public markets on Tuesday. Amazon Makes a Pla…