(Reuters) -Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies said on Tuesday, as it looks to expand its offerings across property portfolios. The deal values itel at over $1.3 billion, including debt, a source familiar with the matter told Reuters. GTCR declined a comment on the deal value.
Google May Have an Under-Appreciated Advantage in the AI Arms Race
Alphabet has closed the gap between its generative AI model Gemini and major competitors like OpenAI's ChatGPT and Meta AI, according to a recent survey from Morgan Stanley. The model is also the most widely used for commercial uses like online shopping.
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NEW YORK (Reuters) -Acrisure has raised $2.1 billion from Bain Capital and other investors, its CEO told Reuters on Tuesday,…
Alphabet's shares surged by over 4% in Monday trading.
DeepSeek’s latest GPT rival, Google Gemini’s efficiency gains, Palantir’s mixed results. Plus: Airbnb, Apple, “bell to bell”…
"Now, Gemini/TPU stocks trade at a premium relative to ChatGPT/GPU peers for the first time in nearly a decade," Wells Fargo's…
What if AI's version of Google turns out to be ... Google?
TD Cowen sees an artificial intelligence-driven rally ahead for Alphabet stock.
