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Visa is expected to announce its acquisition of UK-based fraud detection firm Featurespace for approximately £730 million next week. The deal follows ongoing discussions since August and comes amid a backdrop of significant private equity activity in the UK tech sector.
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Australia's Treasurer Jim Chalmers has introduced new laws to ensure timely superannuation payments for workers, addressing an estimated $3.6 billion in unpaid super. The reforms, effective July 2026, aim to enhance retirement savings, particularly for vulnerable workers, and are welcomed by industry groups as a significant improvement.
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Microsoft, alongside BlackRock and others, has launched the Global AI Infrastructure Investment Partnership (GAIIP) to raise $30 billion for AI infrastructure. This initiative aims to enhance AI capabilities globally, particularly in developing regions, amid rising competition with China for AI dominance. The partnership could grow to $100 billion with debt financing.