Proofpoint to Acquire Varonis Systems in $6.3 Billion Cash Deal
Proofpoint, owned by Thoma Bravo, will acquire Varonis Systems for $6.3 billion in cash, marking the largest acquisition for the firm since its 2021 privatization.

Proofpoint, owned by Thoma Bravo, will acquire Varonis Systems for $6.3 billion in cash, marking the largest acquisition for the firm since its 2021 privatization.

TechCrunch is closing early bird registration for its Founder Summit on October 16, offering savings of up to $200 for attendees.

AI-powered drug discovery startup Iambic Therapeutics raised $150 million in its Nasdaq IPO, with shares climbing 16% to $18.50 on the first day of trading.

Sweden's Avanza Bank holds 2,122 shares of Bitcoin treasury company Strategy, valued at $298,000, as part of its strategy to provide indirect crypto exposure to clients.

GlobalFoundries will build two semiconductor plants in New York with $21 billion in funding from Japan as part of a broader U.S.-Japan industrial investment agreement.

The NFT market is grappling with a wave of platform shutdowns and ecosystem failures, leaving thousands of digital assets inaccessible and raising critical security concerns for investors.

Nvidia is allocating $250 million in computing power to UK AI safety research and planning equity stakes in five British startups.

Defense technology firm Anduril Industries has opened a $1.3 billion employee tender offer, implying a valuation of $90 billion.

Anthropic reported $16.8 billion in Q3 revenue and is eyeing a $2 trillion IPO, but faces investor scrutiny over slowing growth and massive infrastructure spending commitments.

European AI infrastructure provider Nebius is expanding its UK operations through new partnerships with local AI labs and a £1.7 billion investment plan.

Nvidia is scaling its European operations through multi-billion euro investments, infrastructure projects, and startup support programs across the UK, France, and the Nordics.

Nvidia is expanding its European footprint by acquiring minority stakes in five UK startups and donating $250 million in compute resources to support local AI research.

Australia's renewable energy sector faces a capital crunch as investors pivot toward an AUD 150 billion pipeline of AI data center projects.

Nvidia CEO Jensen Huang warned that the company may cut off chip supplies to developers of unsafe AI, while announcing a $250 million investment in UK AI safety research.

Anthropic reports a revenue-to-compute ratio of 1.70 USD ahead of its November IPO, even as growth rates show signs of cooling.

Freshfields is exploring a potential multi-billion dollar spinoff of its internal AI unit, joining a wave of significant capital investment in legal technology.

Nvidia CEO Jensen Huang announced that the company may stop supplying chips to developers of unsafe AI, while pledging $250 million for safety research in the UK.

OpenAI has consolidated its compute and infrastructure leadership under Uday Ruddarraju as the company raises its projected computing spend to $750 billion through 2030.

Chicago Fed President Austan Goolsbee warns that while a slowdown in AI investment does not guarantee a recession, the current pace of spending may be causing unsustainable economic overheating.

Anthropic has filed for an IPO targeting a $2 trillion valuation, potentially creating thousands of new millionaires among its workforce.
