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LSEG agrees to buy credit data provider Octus for $3.54B

London Stock Exchange Group has agreed to acquire Octus from Permira and Octus' management for $3.54B in cash, the Wall Street Journal reported. Octus, based in New York, supplies credit intelligence, data and workflow software. LSEG said the acquisition would transform its presence in credit and private markets data.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

OpenAI lowers funding valuation target to $1.25tn

OpenAI has lowered the valuation it seeks in a new funding round to $1.25tn from $1.4tn after some investors resisted the higher price, the Financial Times reported, citing documents it reviewed. The company is close to raising u...

Capital AI
Capital AI

Baba raises $40 million Series A led by FirstMark

Baba raised $40 million in Series A funding led by FirstMark, Fierce Healthcare reported. The company develops AI tools that help Medicare and Medicaid patients connect with care teams and handle advocacy tasks, focusing on their ...

AI
AI

Claude deploys fix for errors affecting multiple models and services

Claude's status page said a fix had been deployed at 06:35 UTC on October 25 for errors affecting its services, with recovery still being monitored. The incident affects claude.ai, the Claude API, Claude Code and Claude Cowork. T...