Tech Deals

• Futureproof Group, GBC Group, and Scorpion have recently completed a series of strategic acquisitions to expand their market presence. • These deals specifically target the growth of managed IT services, allowing the companies to scale their technical capabilities and service offerings. • The trend highlights a broader industry push toward consolidation within the tech sector to better compete in the evolving digital services landscape.

• Corus International has announced the acquisition of Cadasta, a platform specializing in geospatial technologies and digital recordkeeping for land ownership and resource mapping. • The integration aims to enhance Corus International's development programs, specifically those targeting community empowerment, agriculture, and economic resilience. • This move highlights a broader trend of tech M&A activity, with other organizations like Artefact and CNTXT AI also announcing strategic deals.

Agreements with Microsoft, Google DeepMind and xAI focus largely on recognizing cybersecurity, biosecurity and chemical weapons risksThe US government has struck deals with Google DeepMind, Microsoft and xAI to review early versions of their new AI models before they are released to the public.The Center for AI Standards and Innovation (CAISI), part of the US Department of Commerce, announced the agreements on Tuesday, saying the review process would be key to understanding the capabilities of new and powerful AI models as well as to protecting US national security. These collaborations will help the federal government “scale (its) work in the public interest at a critical moment”, the agency said in a press release. Continue reading...