A group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater Analytics Holdings Inc. in a deal valuing the investment and accounting software maker at $8.4 billion including debt.
OpenAI has squeezed better margins out of its paid products this year, as it races to maintain its pole position in artificial intelligence, according to a report in The Information.
A group of private equity firms led by Permira and Warburg Pincus is in advanced talks to acquire investment and accounting software maker Clearwater Analytics Holdings Inc., according to people familiar with the matter.
In just 25 years technology has raced from Y2K fears to smartphones to the birth of artificial intelligence. Caroline Hyde charts the transformation while Sam Palmisano and Craig Moffett explain how breakthroughs from fiber networks to quantum computing and generative AI are reshaping business and daily life. (Source: Bloomberg)
Telecom Italia SpA won a long-running legal case against the Italian government that will provide the former phone monopoly with a windfall of about €1 billion ($1.2 billion)
In this episode of Next Africa, we dive into the continent’s fast-evolving tech landscape, from booming fintech to startups tackling Africa’s digital divide. Flutterwave CEO Olugbenga Agboola says the company is on track to achieve profitability. Optasia CEO Salvador Anglada shares how the firm aims to expand across the continent and abroad after its blockbuster IPO. Plus, we explore how Fibertime is working to close South Africa’s digital divide and Axian Group’s Hassanein Hiridjee discusses ho
Moore Threads Technology Co. introduced a new generation of chips aimed at reducing artificial-intelligence developers’ dependence on Nvidia Corp.’s hardware, just weeks after pulling off one of the most successful Chinese IPOs in years.
China issued rules for governing pricing-related practices of internet platform operators to safeguard the interests of consumers and merchants, telling them not to impose unreasonable restrictions on merchants’ ability to set prices.
This week, Wall Street Week looks back on a quarter century of change. In the first 25 years of the 21st century, capitalism endured a remarkable series of shocks - from the Y2K, to the Great Recession, to a once-in-a-century pandemic. We explore how these turning points reshaped markets, growth, and the public’s faith in the economic system. (Source: Bloomberg)
Today on the Big Take: Why Disney cut a deal with OpenAI after decades of safeguarding its intellectual property, what it stands to gain — and why now.
