Nscale, a GPU-focused cloud provider, acquired Anyscale, a multi-cloud AI workload orchestration platform, raising concerns about whether Anyscale can remain cloud-neutral under single-company ownership. The deal is valued at approximately $1.65 billion and is expected to close in the second half of 2026. Critics worry that optimizations favoring Nscale's infrastructure will create performance and cost advantages that undermine Anyscale's cloud-agnostic positioning, even if the software technically runs on competing cloud providers.
Lovable, a Swedish AI coding startup, acquired the team behind Nalvin, an AI agent platform for business automation, in what appears to be an acqui-hire deal. Nalvin had raised €1.5m in pre-seed funding in 2024 and was previously valued at an undisclosed amount. The acquisition marks Lovable's second team acquisition this year as it pursues growth and talent consolidation ahead of a reported $300m funding round that would value the company at $13.2bn.
Nscale Global Holdings is acquiring Anyscale, a startup that provides Ray software for optimizing large-scale AI clusters, for a reported $1.65 billion. The acquisition price represents a significant discount from Anyscale's last funding round in March, when the company raised $2 billion. Nscale plans to integrate Anyscale's managed Ray service with its own data center infrastructure and optimization tools to offer customers a vertically integrated AI cloud platform.
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