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Google Agrees to Buy Cybersecurity Startup Wiz for $32 bln

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
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Google Agrees to Buy Cybersecurity Startup Wiz for $32 bln

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)

Google-parent Alphabet has agreed to buy cybersecurity startup Wiz for at least $32 billion, the Financial Times reported on Tuesday, citing people familiar with the matter.

According to Reuters, the deal will be announced on Tuesday morning, the report added.

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China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
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China’s Xi Lauds AI Progress, Meets BRICs Bank on Shanghai Visit 

Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)
Chinese President Xi Jinping waves as he arrives for a two-day state visit, at Hanoi's Noi Bai International Airport, Vietnam, April 14, 2025. (Reuters)

China's President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported.

Xi said that Shanghai, China's main international financial hub, should strive to be at the forefront of artificial intelligence (AI) development and governance, the report added.

The Shanghai visit comes at a time when the trade war with the United States has raised the stakes for global economic growth, and as China pushes forward with AI development in the wake of DeepSeek.

Xi urged the city to expand its exploration of AI models and said more supportive policies for the technology should be rolled out, as he visited an incubation lab for AI startups and tried on a set of smart glasses, the report said.

The Chinese president also visited the Shanghai-based New Development Bank, a multilateral bank of BRICS member nations, and met its president, former Brazilian President Dilma Rousseff, Xinhua said.