Thoma Bravo has agreed to acquire Accelerant for more than $4 billion, just over a year after its New York listing, with the deal expected to close in 2027.
BUSINESS
Google Chief Scientist Jeff Dean to Raise $10B Valuation for New AI Startup
Jeff Dean’s new AI startup Discovery Loop is reportedly seeking $1 billion in funding at a potential $10 billion valuation, with Alphabet as a founding investor.
Popular Reads
Category . Author
Story
Ford Appoints Murray Naismith as ANZ CFO
Murray Naismith has returned to Ford as Australia and New Zealand CFO after 20 years, bringing nearly three decades of automotive finance and operational experience across Australia, New Zealand and South-East Asia.
Business
Oracle, Quantinuum Bring Quantum Computing to Cloud in Multi-Year Partnership
Oracle Cloud customers will gain access to Quantinuum's Helios quantum computer, enabling them to combine quantum computing with AI and high-performance computing as the companies target enterprise applications for the emerging technology.
US Court: Meta and Other Tech Giants Must Face Thousands of Lawsuits
Meta, Google, TikTok and Snapchat must face thousands of lawsuits alleging their social media platforms were designed to keep young users hooked, after a US appeals court rejected an appeal by Meta and TikTok.
Business
Nvidia Partners With Wall Street Giants to Raise $500B for AI Buildout
Nvidia is working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR on financing platforms aimed at raising over $500 billion for AI infrastructure.
More business News
01
Australia, Vietnam Deepen Strategic Partnership on Critical Minerals & Semiconductors
Prime Minister Anthony Albanese and Vietnamese President To Lam agreed to strengthen cooperation on critical minerals, semiconductors and clean energy while addressing trade practices disrupting global supply chains.
02
eSafety Commissioner Powers Australia Businesses: How New Online Rules Impact Companies
The constantly changing online safety regime in Australia is imposing more compliance obligations on businesses and advertisers. The article discusses eSafety powers advertisers Australia, the social media age law business impact, eSafety information gathering powers, Online Safety Act business compliance, and the prohibition of under-16 social media advertising that advertisers need to keep in mind while designing campaigns.
03
Australia Social Media Ban Explained: What the Under-16 Law Means for Users and Platforms
The historic ban on social media use by under-16 individuals in Australia moves the accountability away from families to the technology companies by having stringent compliance measures in the Online Safety Act 2021 amendment.