Google Closes Historic $32B Deal & Nvidia Drops Hot New AI Chip

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Neal Freiman 0:01
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell.
Toby Howell 0:05
Today, Google eased on down the road with a record-breaking acquisition of Wiz. Then pro tennis players are not happy with their working conditions and are suing to do something about it. It's Wednesday, March 19th. Let's ride. Let's ride.
Neal Freiman 0:24
Home at last. Yesterday evening, NASA astronauts Suni Williams and Butch Wilmore splashed down off the coast of Florida, ending a space saga that captivated the world. Originally intended to be an eight-day mission, their stay on the International Space Station lasted 286 days due to technical problems with the Boeing Starliner spacecraft that carried them up to the ISS. During their nine-month journey, Wilmore and Williams covered some distance. They orbited the Earth 4,576 times, traveled 121 million miles, and played over 142,000 rounds of Never Have I Ever. Toby, gravity has never felt so good.
Toby Howell 1:05
Gravity is undefeated. One of the coolest parts of a splashdown off the Gulf Coast of Florida is civilians generally know where it will happen. So some boaters kind of get out there and try to watch it. But SpaceX and the Coast Guard, they work to keep them away so they can do the retrieval safely. But you can't control what happens under the water, which is why it was very funny that this huge pot of dolphins swam up while the retrieval was happening. They're curious animals. They just wanted to see what was going on, but not a bad unplanned welcome crew after 280 days up in space. I hope Suni and Butch just kick back, watch some NCAA tournament games, and just do nothing for the next days.
Toby Howell 1:42
They've been working a long time. Now a word from our sponsor, Sophos. Neil, the NCAA tournament is kicking off in earnest tomorrow, and I, for one, know exactly who I am picking. Florida, Duke, or Cinderella? No, I am simply picking the team with the best offense and the best defense. That is not how it works, Toby.
Neal Freiman 2:00
You can't just have the best of both worlds.
Toby Howell 2:02
Well, you can in cybersecurity. With Sophos, your business gets both elite defense and expert offense.
Neal Freiman 2:08
With 500 plus cybersecurity analysts, Sophos provides managed detection and response that proactively guards your network 24-7, stopping threats before they can even cross midcourt.
Toby Howell 2:19
Plus, their AI-driven tech is kind of like a point guard in the way it is constantly adapting and learning how to respond to threats before they become threats.
Neal Freiman 2:27
More like a three-to-zone defense, if you ask me. Also, by the way, you said you're picking the NCAA team with the best offense and defense. That's Duke, Toby.
Toby Howell 2:34
Let's go, Blue Devils, and let's go to Sophos.com to learn more. That's S-O-P-H-O-S dot com.
Neal Freiman 2:43
Kenny Rogers may have coined, know when to hold them, know when to fold them, but cybersecurity startup Wiz just perfected the strategy. After rejecting an acquisition offer from Google for $23 billion last summer, Wiz now says you've got a deal. Google will buy it for $32 billion, a big bump from the previous bid. That's not all that's big about this deal. It's Google's biggest acquisition in history, Far outstripping number two, a $12.5 billion purchase of Motorola Mobility in 2012. It's also the biggest acquisition announced this year, a hopeful sign for deal-making activity that's as frozen as Lake Erie in the winter. And finally, it's the biggest deal ever in the fast-consolidating cybersecurity industry.
Neal Freiman 3:27
In Wiz, Google is acquiring one of the fastest-growing startups of all time. Founded just five years ago by CEO Asaf Rapoport and several colleagues, it is on track to double last year's annual recurring revenue to $1 billion, and its sale would mark the largest exit for any tech startup since Rivian's $77 billion IPO all the way back in November 2021. Toby, Google just revealed its Philly cheesesteak order, WizWit, and it's a landmark deal.
Toby Howell 3:55
It is a landmark deal. It does show a potential sign of hope for the merger and acquisition market because this new Lena Conlis FTC might be exactly why this deal got done and why it didn't get done at that $23 billion valuation last year. This is its biggest deal ever, so it's definitely going to test the appetite of Trump's administration's antitrust efforts because they believe

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