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Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026

Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out of Roper Technologies. Ametek pays a full multiple for picks-and-shovels exposure to the AI-infrastructure trade. Ametek, the Pennsylvania-based scientific-and-industrial-instrumentation company, has agreed to acquire the test-and-measurement businesses of Indicor for […]

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Thailand approves $29bn in projects, with TikTok’s ₿842bn data-centre expansion alone worth $25bn

Bangkok’s Board of Investment cleared six major investments on Wednesday. Three of them are data centres. The headline is the TikTok number, but the larger story is what Thailand is becoming inside the regional AI infrastructure trade. Thailand’s Board of Investment is, on most readings, an institutional body whose press releases attract limited international attention. […]

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OpenAI’s president does “all the things,” except answer a question

The strongest witness for Elon Musk’s case against OpenAI so far has been Greg Brockman’s journal. Brockman himself is running as a close second. Brockman was called to the stand in a rather unusual way – he was cross-examined first, followed by a direct examination – and he had some serious high school debate club […]

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