Investors line up for a slice

OpenAI has managed to wangle $8.3 billion from venture capitalists and private equity outfits desperate not to miss the AI hype train, as it eyes an eventual IPO.

Despite market headwinds

Mergers and acquisitions (M&A) in the technology, media, and telecom (TMT) sector surged in 2024, with cloud computing emerging as a dominant theme. However, the market faced significant headwinds, including persistent inflation, high interest rates, regulatory scrutiny, and geopolitical tensions, according to a GlobalData report.

End of an era

Blackstone has bought IDG, the publishing house which brings you CIO, Computerworld, InfoWorld, Macworld, Network World, PCWorld and Tech Hive for $1.3 billion.

Prepared to write a cheque for $25 billion