AI companies in the U.S. are buying fast. U.S.-based AI companies have completed several notable acquisitions, including multi-billion-dollar transactions, as well as smaller, targeted deals. Based on official statements, the reasons behind these deals include integrating specialized AI teams, improving latency and performance of large-scale models, and reducing time-to-market for AI-native products. Several acquisitions were made to incorporate purpose-built tooling, fine-tuning platforms, and low-latency inference systems directly into their offerings. As one CEO shared publicly, “This acquisition allows us to simplify the developer workflow and remove friction from building AI-powered applications.” With multiple transactions already closed in 2025, the pace and scale of acquisitions point to a continued focus on building end-to-end AI capabilities through integration, infrastructure, and talent consolidation publicly cited as key priorities across company statements.
HP acquires Humane (February 2025)
- Acquirer: HP Inc.
- Acquired: Humane, a wearable AI hardware startup best known for its AI Pin.
- Founders: Imran Chaudhri & Bethany Bongiorno
Price: $116 million - Why the move: HP made the acquisition to fast-track its entry into the AI-native device market. With Humane’s patents, Cosmos AI platform, and experienced hardware team, HP formed an internal AI innovation lab (“HP IQ”) aimed at creating wearables and devices where AI is the core interface. This reflects HP’s intent to evolve beyond PCs and printers and become a player in personal AI computing.
MongoDB acquires Voyage AI (March 2025)
- Acquirer: MongoDB, Inc.
- Acquired: Voyage AI, a startup focused on embedding models and semantic ranking tools for search and retrieval.
- Founders: Tengyu Ma
- Price: $220 million
- Why the move: As enterprises build GenAI and RAG systems on top of document databases, MongoDB needed to enhance its native search and vector capabilities. Voyage AI brought in cutting-edge embedding and ranking expertise, enabling MongoDB to serve as not just a data layer, but a high-performance AI retrieval engine.
ServiceNow acquires Moveworks (March 2025)
- Acquirer: ServiceNow
- Acquired: Moveworks, an enterprise AI assistant platform
- Founders: Bhavin Shah and Vaibhav Nivargi
- Price: $2.85 billion (cash & stock)
- Why the move: ServiceNow wanted to supercharge its platform with generative AI agents capable of proactive support, resolution, and automation. Moveworks had the enterprise-ready models, natural language interface, and deep IT knowledge to embed intelligent automation directly into ServiceNow’s workflows accelerating its transition from static ticketing systems to dynamic agent-based resolution.
Palo Alto Networks acquires Protect AI (April, 2025)
- Acquirer: Palo Alto Networks
- Acquired: Protect AI, a cybersecurity firm focused on AI governance and threat detection
- Founders: Ian Swanson, Daryan Dehghanpisheh, and Badar Ahmed
- Why the move: As GenAI becomes central to enterprise stacks, security vendors like Palo Alto needed to address AI-specific attack vectors. Protect AI gave them tools to secure AI pipelines, detect model-level anomalies, and automate compliance. This bolsters Prisma AIRS, making it future-proof for hybrid AI-native environments.
IBM acquires Hakkoda (April, 2025)
- Acquirer: IBM
- Acquired: Hakkoda Inc., a data and AI cloud consulting firm
- Founder: Erik Duffield
- Why the move: IBM sought to deepen its cloud consulting footprint especially around Snowflake, which plays a critical role in modern AI data architecture. Hakkoda brought niche expertise in data modernization and industry-specific AI deployments, helping IBM accelerate time-to-value for clients in finance, healthcare, and other sectors undergoing digital transformation.
ServiceNow acquires Logik.ai (April 2025)
- Acquirer: ServiceNow
- Acquired: Logik.ai, a CPQ (Configure-Price-Quote) automation startup using AI
- Founders: Christopher Shutts,
- Why the move: ServiceNow aimed to extend its AI-powered automation beyond IT into sales workflows. With Logik.ai’s CPQ engine and embedded intelligence, the company is expanding its footprint across revenue operations paving the way to unify employee, customer, and sales experiences under a single AI-first platform.
AMD acquires Enosemi (May, 2025)
- Acquirer: AMD
- Acquired: Enosemi, a developer of custom silicon-photonics and co-packaged optics
- Founders: Ari Novack and Matthew Streshinsky
- Why the move: To stay competitive in the AI hardware race, AMD needed better interconnect performance in dense AI systems. Enosemi’s photonic chip tech improves speed and bandwidth by using light instead of electrical signals directly supporting AMD’s AI GPU and accelerator ambitions for next-gen data centers.
Databricks acquires Neon (May, 2025)
- Acquirer: Databricks
- Acquired: Neon, a serverless Postgres database optimized for AI agents
- Founders: Nikita Shamgunov, Heikki Linnakangas, and Stas Kelvich
- Why the move: Databricks wants to lead in agentic AI orchestration. Neon enables ephemeral, high-speed compute suited for LLM agents performing real-time data access. The acquisition adds a modern database layer that fits Databricks’ vision of dynamically scaled, AI-native app infrastructure.
Salesforce acquires Convergence.ai (June, 2025)
- Acquirer: Salesforce
- Acquired: Convergence.ai, an AI agent startup based in London
- Founder: Marvin Purtorab
- Why the move: Salesforce is building an AI-first platform called Agentforce, and Convergence’s adaptive agents became its core building blocks. These agents can simulate workflows across dynamic interfaces, making Salesforce tools more autonomous. Additionally, Salesforce used the acquisition to establish an R&D center in the UK, signaling global ambitions.
Cognition acquires Windsurf (July 2025)
- Acquirer: Cognition
- Acquired: Remaining operations of Windsurf, after Google licensed core tech
- Founders: Varun Mohan and Douglas Chen
- Price: $2.4 billion
- Why the move: Cognition needed high-quality code generation data to improve its autonomous agent “Devin.” Windsurf’s IDE product and dataset gave Cognition a unique advantage in training and fine-tuning AI engineers. The deal also highlights how access to proprietary usage data is becoming more valuable than models themselves.
Meta acquires Play AI (July, 2025)
- Acquirer: Meta Platforms
- Acquired: Play AI, a Y Combinator-backed voice generation startup
- Founders: Mahmoud Felfel and Hammad Syed
- Why the move: Meta is betting big on AI assistants and immersive experiences. Play AI’s natural-sounding synthetic voices help bring personality and presence to Meta’s GenAI characters, AR devices, and wearables. The acquisition fills a critical gap in Meta’s pursuit of lifelike AI-human interaction.
