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Illustration of Elon Musk's AI startup xAI securing a $200 million contract with the U.S. Department of Defense, generated by artificial intelligence.
“They Just Gave Musk the Codes”: xAI Lands $200M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure
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Illustration of Kinisi Robotics' KR1 humanoid robot performing pick-and-place tasks in a warehouse, highlighting its precision and adaptability.
“This Robot Replaces 3 Workers Without Blinking”: New Humanoid Handles Pick-and-Place Tasks With Unmatched Speed and Precision
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  • AI
    Illustration of Elon Musk's AI startup xAI securing a $200 million contract with the U.S. Department of Defense, generated by artificial intelligence.

    “They Just Gave Musk the Codes”: xAI Lands $200M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure

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    Illustration of Kinisi Robotics' KR1 humanoid robot performing pick-and-place tasks in a warehouse, highlighting its precision and adaptability.

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    Illustration of KLEIYN, a quadruped robot, climbing a vertical surface, generated by artificial intelligence.

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    July 14, 2025 at 10:04 AM
  • Energy
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    July 4, 2025 at 10:00 AM
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  • Finance
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  • Science
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  • Security
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    July 12, 2025 at 9:11 AM
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Adobe snatches up French marketing platform Neolane for $600M

Eirwen WilliamsEirwen WilliamsJune 28, 2013 at 3:40 AM0
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Adobe announced this week that they have acquired French conversational marketing company Neolane for a whopping $600M this week. With more than 400 customers worldwide, Neolane will allow Adobe to beef up their Adobe Marketing Cloud offer to include their cross-channel campaign management technology. Among the investors of Neolane’s $27M in fundraising were Battery Ventures, Auriga Partners, and Xange Private Equity.

In addition to being a great exit for the founders, investors, and likely the employees, this may also put an end to the very short-lived curse put on French companies after the French government blocked the Yahoo-Dailymotion deal. Much like the proposed 75% tax, the attack on entrepreneurs last year, and other horribly managed PR campaigns, the Yahoo-Dailymotion scandal put a black mark on France’s record, and it was only a matter of time before another company came in and bought a great French technology.

Neolane has been around since 2001; however, with $60M in revenue, it’s great to see yet another French company exiting for 9-digit sums. In addition to what I imagine is some great marketing technology, it’s good to note that A) they had a global presence B) they had global clients and C) they had a global vision. I guess the acquisition offers start to multiply when you think like a real Entrepreneur.

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Trending
Illustration of Elon Musk's AI startup xAI securing a $200 million contract with the U.S. Department of Defense, generated by artificial intelligence.
“They Just Gave Musk the Codes”: xAI Lands $200M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure
Illustration of a polymer blend innovation for advanced battery technology, generated by artificial intelligence.
Battery Revolution Begins Here: Solid Polymer Unlocks Safer, More Reliable Power for EVs, Aerospace, and Autonomous Drones
Illustration of Kinisi Robotics' KR1 humanoid robot performing pick-and-place tasks in a warehouse, highlighting its precision and adaptability.
“This Robot Replaces 3 Workers Without Blinking”: New Humanoid Handles Pick-and-Place Tasks With Unmatched Speed and Precision
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