👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Alphabet nearing deal to acquire Wiz for $30b: sources
Alphabet, the parent company of Google, is reportedly in advanced negotiations to acquire cybersecurity startup Wiz for approximately US$30 billion, according to the Wall Street Journal.
If finalized, this deal would represent Alphabet’s largest acquisition to date.
The report, citing unnamed sources, indicates that the agreement could be completed soon if discussions proceed without complications.
Wiz, known for its AI-powered cloud cybersecurity solutions, ended a US$23 billion deal with Alphabet last year to focus on its IPO.
Recent Alphabet developments
| Timeline |
|---|
| 06-Feb-2025 📉 Alphabet stock falls 8% amid rising AI investments Alphabet shares fell over 8% after Q4 results missed revenue forecasts despite a $96.47B report and AI spending plans. |
| 05-Feb-2025 🤖 Alphabet unveils $75b AI investment plan for 2025 Alphabet plans to invest $75 billion in AI infrastructure by 2025, exceeding estimates to enhance servers and data centers. |
| 04-Feb-2025 💰 Alphabet eyes $50b for AI, cloud as ad growth slows Alphabet will report earnings on Feb. 4 amid slowing revenue growth and plans for $50 billion in capital expenditures. |
| 26-Jan-2025 📈 Alphabet stock hits $200 on AI optimism and growth Alphabet’s stock closes above $200 for the first time, bolstered by AI advancements and strong Q3 revenue growth. |
| 23-Jan-2025 🤖 Alphabet’s investment chief warns US AI lead at risk Ruth Porat warns US must enhance AI efforts as China advances; calls for global cooperation on AI regulations. |
| 18-Dec-2024 📈 Alphabet stock rises after quantum tech leap Alphabet’s stock soars over 30% since September, driven by breakthroughs in quantum computing with its Willow chip. |
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.