Business

Homegrown workplace safety company, SafetyCulture, has just closed a $165 million funding round, to help it accelerate AI adoption.

There are more than 8,000 family offices in the world today, with that figure set to grow by 75% by 2030, a new report from Deloitte Private shows. North America will undergo the greatest growth – but Asia-Pacific is set to outpace the region in terms of speed.

Westpac has tapped Anthony Miller to step up as its next CEO, effective December 16. Miller, who currently oversees the bank’s Business & Wealth division, will take over from Peter King, who exits after a 30-year run.

A marked increase in non-subscription revenue resulted in a fat payout for the platform’s sole owner Leonid Radvinsky.

The Bolt founder claimed a group of investors had signed off on the company’s chaotic $450 million raise, but some said they hadn’t. Now, BlackRock and other investors have moved to stall the round.

Blackstone confirms to Forbes Australia it sealed a deal today to acquire Australian unicorn AirTrunk. The Canada Pension Plan Investment Board also participated in the deal.

Adani Energy Solutions will invest $476 million to build a 298-kilometer transmission line in the western Indian state of Gujarat.

Musk has repeatedly lashed out at a Brazilian judge who has made several legal threats toward X over its non-compliance with multiple legal orders.

Apple and Nvidia are reportedly in discussions to join a major funding round for OpenAI. The new round of investment could push the ChatGPT-maker’s valuation above US$100 billion.

Two decades ago, the Oracle of Omaha made one very costly decision.