Latest
Salesforce seals $2.8b deal for data protection startup Own
The acquisition of the data protection and management solutions provider is the biggest deal Salesforce has announced since buying Slack in 2021.
- Liana Baker and Brody Ford
- Opinion
- Chanticleer
‘It’s a race’: Khuda on AI, leadership and the Sydney Swans
After celebrating his $24 billion deal with a bit of rest and a footy final, the AirTrunk boss will be ready to charge into the company’s next growth phase.
- James Thomson
AI deepfakes: deeply worrying or deeply amusing?
There are big fears that AI deepfakes could be used by foreign enemies or political operatives to influence elections. Just how worried should we be?
- Paul Smith
- Exclusive
- Cars
Uber jumps straight back into car sharing with global partnership
Two weeks after pulling the pin on the product that let people rent out their cars, Uber has signed an international partnership with US-based operator Turo.
- Paul Smith
GDC investors tally up AirTrunk bounty; $1.70 a share return tipped
All up, that’s about $3.65 to $3.75 per share cash that GDC investors reckon is coming their way when the Etix and AirTrunk deals settle.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- AI
Three-month-old AI firm with 10 employees and no product raises $US1b
A huge investment in a company planning to build safe “superintelligence” has muted talk of the artificial intelligence bubble bursting.
- Paul Smith
Opinion & Analysis
AirTrunk isn’t just a $23.5b deal. It’s a moment
From artificial intelligence and private capital to property and energy, AirTrunk’s sale to Blackstone is a deal that brings together so many strands of Australia’s economy and society.
Columnist
Google or Samsung, which folding phone is best?
Google’s folding Pixel phone has finally come to Australia, so we’ve put it head to head with the incumbent.
Columnist
Tech moguls face the revenge of the regulators
Democratic governments are losing patience with cyber-libertarian tech moguls who thumb their noses at authorities perhaps one too many times.
Contributor
Why Nvidia, Apple and OpenAI need to strike a big deal
Microsoft has long been a major investor in the ChatGPT maker, now the two biggest companies in the world look like jumping on board, and OpenAI needs them.
Technology editor
Technology reviews
- Opinion
- Digital Life
Google or Samsung, which folding phone is best?
Google’s folding Pixel phone has finally come to Australia, so we’ve put it head to head with the incumbent.
- John Davidson
This coffee machine could become a cult classic
Breville has come up with an excellent espresso maker that just needs a tweak to allow user-generated brew profiles.
- John Davidson
This Month
Khuda sets $100b valuation target for AirTrunk’s next trick
Billionaire Robin Khuda has praised his own foresight in investing in data centres tailor-made for tech giants after creating a $24 billion business in less than a decade.
- Paul Smith and Tess Bennett
Inside the Swedish lolly craze sweeping TikTok
The world has gone mad for Scandinavian confectionery, thanks to a viral social media post about the high-quality, low-sugar sweets.
- Esme Fox
Could a kill switch help us control dangerous AI?
The government is calling for business responses to its plans to rein in the use of potentially dangerous forms of artificial intelligence.
- Tess Bennett
Blackstone clinches data centre giant AirTrunk in deal of the year
The transaction is one of the biggest Australian M&A deals yet and will add to the global investment giant’s fast-growing portfolio of digital infrastructure.
- Paul Smith
Data centre owner Infratil revels in the AirTrunk effect
Shares in the CDC investor rose on Wednesday following AirTrunk’s $23.5 billion sale to a Blackstone-led consortium.
- Tess Bennett
Inside the high-tech sheds worth $24b to AirTrunk
From a single room holding a hard-working mainframe, data centres have evolved into major pieces of high-powered, high-tech infrastructure.
- Campbell Kwan
- Opinion
- Chanticleer
AirTrunk isn’t just a $23.5b deal. It’s a moment
From artificial intelligence and private capital to property and energy, AirTrunk’s sale to Blackstone is a deal that brings together so many strands of Australia’s economy and society.
- James Thomson
- Opinion
- Digital Life
Google or Samsung, which folding phone is best?
Google’s folding Pixel phone has finally come to Australia, so we’ve put it head to head with the incumbent.
- John Davidson
AirTrunk’s $23.5b AI pay day
Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.
- Paul Smith and Anthony Macdonald
Robin Khuda is the ringleader of this year’s biggest M&A deal
The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.
- Paul Smith and Tess Bennett
Institutional shareholder slashes Megaport stake; Barrenjoey on trade
Street Talk spotted a big line of Megaport shares trading hands after the market close on Tuesday.
- Sarah Thompson, Kanika Sood, e and Emma Rapaport
Blackstone wins AirTrunk auction with a price tag close to $23.5b
The $US1 trillion-plus private capital juggernaut emerged as the winning bidder for the data centre group, defeating a consortium led by IFM Investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This coffee machine could become a cult classic
Breville has come up with an excellent espresso maker that just needs a tweak to allow user-generated brew profiles.
- John Davidson
AirTrunk owners keep bidders on the edge of their seats
AirTrunk bidders expected the winner to be announced on Monday afternoon. Instead, they were given a loose promise to expect the results overnight or on Tuesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Technology & democracy
Tech moguls face the revenge of the regulators
Democratic governments are losing patience with cyber-libertarian tech moguls who thumb their noses at authorities perhaps one too many times.
- Will Oremus
Canva triples prices citing the need to pay for new AI design tools
The increase in the cost of its popular software ahead of an IPO may lead some smaller customers to abandon the company for cheaper rivals, analysts warn.
- Paul Smith
- Sponsored
- CBA
The new language transforming global payments
For those who have never heard of ISO 20022, it may be surprising to learn it’s the centrepiece of one of the biggest evolutions in global payments.
Sponsored
by CBA
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
- Tess Bennett
AirTrunk seeks final clarifications from bidders; Blackstone hot favourite
Sources said Blackstone was tipped to be chosen as the preferred bidder, although the sellers’ investment committees hadn’t made a decision as of Sunday afternoon.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
Brazilian judge bans X as Musk challenges top court
The banning of the platform formerly known as Twitter caps a months-long feud between Musk and Supreme Court Justice Alexandre de Moraes.
- Daniel Carvalho and Andrew Rosati
