Maria Deutscher – SiliconANGLE

Researchers discover China-linked hacking campaign targeting US internet providers

Maria Deutscher — Tue, 27 Aug 2024 22:49:45 +0000

Hackers are using a vulnerability in a network management tool to launch cyberattacks against U.S. internet providers. Black Lotus Labs, the cybersecurity research unit of telecommunications company Lumen Technologies Inc., revealed the hacking campaign today. The unit’s researchers believe that the campaign is likely run by Volt Typhoon, a state-backed hacking group linked to China. Black […]

The post Researchers discover China-linked hacking campaign targeting US internet providers appeared first on SiliconANGLE.

Check Point Software acquires cybersecurity startup Cyberint

Maria Deutscher — Tue, 27 Aug 2024 21:08:31 +0000

Check Point Software Technologies Ltd. today announced that it’s acquiring Cyberint Technologies Ltd., a venture-backed cybersecurity startup. Financial terms were not disclosed. Tel Aviv-based Cyberint previously raised about $68 million in funding from investors. Following its most recent raise in mid-2022, the company disclosed that its annual recurring revenue had more than doubled over the […]

The post Check Point Software acquires cybersecurity startup Cyberint appeared first on SiliconANGLE.

Data management startup Cribl nabs $319M at $3.5B valuation

Maria Deutscher — Tue, 27 Aug 2024 19:03:55 +0000

Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary sale. Alphabet Inc.’s GV startup investment arm was the lead investor. CapitalG, another […]

The post Data management startup Cribl nabs $319M at $3.5B valuation appeared first on SiliconANGLE.

Planera raises $13.5M for its construction management platform

Maria Deutscher — Tue, 27 Aug 2024 13:00:06 +0000

Startup Planera Inc. today announced that it has raised $13.5 million in early-stage funding to enhance its project management platform for construction companies. Sierra Ventures led the Series A round. It was joined by Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures. Before embarking on a new construction project, contractors create a […]

The post Planera raises $13.5M for its construction management platform appeared first on SiliconANGLE.

Viggle AI raises $19M in funding for its AI video generator

Maria Deutscher — Mon, 26 Aug 2024 22:46:06 +0000

Viggle AI, a startup with a popular video generation service of the same name, today announced that it has closed a $19 million early-stage investment. The Series A round was led by Andreessen Horowitz with participation from Two Small Fish. Toronto-based Viggle AI will invest the capital in product development and growth initiatives. Viggle AI, […]

The post Viggle AI raises $19M in funding for its AI video generator appeared first on SiliconANGLE.

IBM reportedly shuttering its R&D hub in China

Maria Deutscher — Mon, 26 Aug 2024 21:09:18 +0000

IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees. The Wall Street Journal put the number at more than 1,000. It’s believed the R&D group focused on developing servers, storage equipment and enterprise […]

The post IBM reportedly shuttering its R&D hub in China appeared first on SiliconANGLE.

Netherlands fines Uber €290M for breaching EU’s GDPR privacy regulation

Maria Deutscher — Mon, 26 Aug 2024 19:29:12 +0000

The Netherlands’ privacy watchdog today issued a fine of €290 million, or about $324 million, to Uber Technologies Inc. over its data management practices. The decision relates to a regulatory framework called the EU-US Privacy Shield that was struck down by a court in 2020. Uber, like many other U.S. tech firms, transfers information it […]

The post Netherlands fines Uber €290M for breaching EU’s GDPR privacy regulation appeared first on SiliconANGLE.

Justice Department sues property management software provider RealPage

Maria Deutscher — Fri, 23 Aug 2024 23:12:13 +0000

The U.S. Justice Department and eight state attorneys general today filed an antitrust lawsuit against RealPage Inc., a major provider of property management software. The complaint revolves around two main arguments. First, the Justice Department charges that RealPage’s software unlawfully decreases competition among landlords and thereby drives up rent prices. The lawsuit’s other core allegation […]

The post Justice Department sues property management software provider RealPage appeared first on SiliconANGLE.

Redis debuts new data integration and AI features for its database

Maria Deutscher — Fri, 23 Aug 2024 21:22:27 +0000

Redis Inc. today updated its namesake database with a set of new features designed to ease software development for customers. Some of the enhancements are rolling out for the core open-source version of the platform. Others will become available in the paid version, which includes additional features that simplify infrastructure maintenance and data processing tasks. […]

The post Redis debuts new data integration and AI features for its database appeared first on SiliconANGLE.

Report: Chinese organizations use public cloud to access restricted AI chips

Maria Deutscher — Fri, 23 Aug 2024 19:22:14 +0000

Multiple organizations in China have sought to rent high-end graphics cards from U.S. cloud providers, Reuters reported late Thursday. The news agency learned of the procurement effort by reviewing publicly-available tender documents. Those are invitations that ask companies to submit bids for a contract, in this case artificial intelligence infrastructure purchases. Under U.S. export controls […]

The post Report: Chinese organizations use public cloud to access restricted AI chips appeared first on SiliconANGLE.

Apple updates iOS and iPadOS to improve compliance with EU’s DMA law

Maria Deutscher — Thu, 22 Aug 2024 23:13:48 +0000

Apple Inc. today previewed an update for iOS and iPadOS that will improve the operating systems’ compliance with the European Union’s DMA law. The update is set to roll out at an unspecified date later this year. The DMA, or Digital Markets Act, is a piece of legislation that the European Parliament passed in 2022. […]

The post Apple updates iOS and iPadOS to improve compliance with EU’s DMA law appeared first on SiliconANGLE.

Divers recover body of Autonomy co-founder Mike Lynch from superyacht wreckage

Maria Deutscher — Thu, 22 Aug 2024 21:51:05 +0000

Divers have recovered the bodies of Mike Lynch and four of his guests from the wreckage of the superyacht Bayesian, the Italian Coast Guard announced today. The vessel sank near the coast of Sicily early Monday morning amid an intense storm. Fifteen passengers were rescued by the crew of the Sir Robert Baden Powell, a […]

The post Divers recover body of Autonomy co-founder Mike Lynch from superyacht wreckage appeared first on SiliconANGLE.

Opkey reels in $47M to automate ERP change testing with AI

Maria Deutscher — Thu, 22 Aug 2024 19:40:08 +0000

Opkey, a startup that helps companies test the reliability of their enterprise resource planning software, has raised a $47 million investment to finance growth initiatives. PeakSpan Capital led the Series B round. Opkey, officially Smart Software Testing Solutions Inc., detailed in its funding announcement today that UST Global, Verica, Vertical and YouNest chipped in as well. […]

The post Opkey reels in $47M to automate ERP change testing with AI appeared first on SiliconANGLE.

AI payment processing startup Skyfire launches with $8.5M in funding

Maria Deutscher — Wed, 21 Aug 2024 22:53:12 +0000

Skyfire Systems Inc., a startup with software that enables artificial intelligence models to make purchases, launched today with $8.5 million in initial funding. The investment included the participation of more than a dozen institutional backers. Among them was Ripple Labs Inc., a provider of payment processing software backed by more than $200 million in venture […]

The post AI payment processing startup Skyfire launches with $8.5M in funding appeared first on SiliconANGLE.

Nvidia, Microsoft release new small language models

Maria Deutscher — Wed, 21 Aug 2024 21:16:52 +0000

Nvidia Corp. today released a lightweight language model, Mistral-NeMo-Minitron 8B, that can outperform comparably sized neural networks across a range of tasks. The code for the model is available on Hugging Face under an open-source license. Its debut comes a day after Microsoft Corp. rolled out several open-source language models of its own. Like Nvidia’s […]

The post Nvidia, Microsoft release new small language models appeared first on SiliconANGLE.

UK antitrust watchdog closes Google, Apple probes to revise regulatory approach

Maria Deutscher — Wed, 21 Aug 2024 19:18:24 +0000

The U.K.’s antitrust regulator, the Competition and Markets Authority, has closed two parallel probes into Google LLC and Apple Inc. that focused on their business practices in the mobile market. Officials announced the decision today. The development relates to a new piece of legislation, the DMCC Act, that became law in the U.K. this past […]

The post UK antitrust watchdog closes Google, Apple probes to revise regulatory approach appeared first on SiliconANGLE.

Fintech startup Bolt reportedly raising $450M at $14B valuation

Maria Deutscher — Tue, 20 Aug 2024 22:59:44 +0000

Bolt Financial Inc., a well-funded startup that provides software for e-commerce companies, is reportedly seeking a new $450 million investment. The Information reported the fundraising effort today, citing an investor letter penned by Bolt interim Chief Executive Officer Justin Grooms. The memo also disclosed that company founder Ryan Breslow will return to the helm as […]

The post Fintech startup Bolt reportedly raising $450M at $14B valuation appeared first on SiliconANGLE.

Hotshot debuts new AI model for generating video clips

Maria Deutscher — Tue, 20 Aug 2024 21:14:48 +0000

Hotshot has debuted an artificial intelligence model that can generate 10-second clips with a resolution of 1280 by 720 pixels. The startup launched the model, which is also called Hotshot, into public preview on Monday. It joins the growing list of AI video generators on the market. OpenAI, Runway ML Inc. and a number of […]

The post Hotshot debuts new AI model for generating video clips appeared first on SiliconANGLE.

Eppo raises $28M in funding for its A/B testing platform

Maria Deutscher — Tue, 20 Aug 2024 18:51:19 +0000

Eppo Inc., a startup that helps software teams test how well new features resonate with users before releasing them, has raised $28 million in Series A funding. The company detailed today that Innovation Endeavors was the lead investor in the round. Icon VC, Menlo Ventures and Amplify Partners contributed as well. Eppo’s total outside funding […]

The post Eppo raises $28M in funding for its A/B testing platform appeared first on SiliconANGLE.

Waymo debuts sixth-generation Driver autonomous driving system

Maria Deutscher — Mon, 19 Aug 2024 22:56:53 +0000

Waymo LLC today debuted a new iteration of Driver, the artificial intelligence system that powers its autonomous taxis. The Alphabet Inc. unit says vehicles equipped with the module will be capable of detecting obstacles from more than 1,600 feet away. Additionally, the new version of Driver has more computing capacity than its predecessor and can […]

The post Waymo debuts sixth-generation Driver autonomous driving system appeared first on SiliconANGLE.

Cryptography chip startup Fabric secures $33M in funding

Maria Deutscher — Mon, 19 Aug 2024 21:30:06 +0000

Startup Fabric Cryptography Inc., which sells chips optimized to run encryption algorithms, has raised $33 million in early-stage funding to support its product development efforts. Blockchain Capital and 1kx co-led the Series A investment. Fabric detailed in its announcement of the raise today that cryptocurrency companies Offchain Labs, Polygon and Matter Labs contributed as well. […]

The post Cryptography chip startup Fabric secures $33M in funding appeared first on SiliconANGLE.

Nvidia debuts StormCast generative AI model for forecasting mesoscale weather events

Maria Deutscher — Mon, 19 Aug 2024 19:35:56 +0000

Nvidia Corp. today detailed an artificial intelligence model called StormCast that could help researchers predict the weather more accurately. StormCast is an upgraded version of an earlier atmospheric forecasting model dubbed CorrDiff. Nvidia ships the latter algorithm with Earth-2, a software suite it provides to meteorologists who use its chips to support their research. The […]

The post Nvidia debuts StormCast generative AI model for forecasting mesoscale weather events appeared first on SiliconANGLE.

Texas Instruments wins $4.6B in CHIPS Act financing for three new fabs

Maria Deutscher — Fri, 16 Aug 2024 21:39:31 +0000

Chipmaker Texas Instruments Inc. today announced that it has secured $4.6 billion in federal financing to upgrade its manufacturing infrastructure. The new funds will enable the company to build three new semiconductor plants, or fabs, in Texas and Utah. Construction on the facilities has already begun. Chip production is expected to start as soon as […]

The post Texas Instruments wins $4.6B in CHIPS Act financing for three new fabs appeared first on SiliconANGLE.

EU issues request for information to Meta in connection with DSA probe

Maria Deutscher — Fri, 16 Aug 2024 19:18:27 +0000

The European Union has asked Meta Platforms Inc. for information about the way it shares data from its social media platforms with researchers. The European Commission, the EU’s executive branch, disclosed the request today. The move relates to a probe that officials launched earlier this year into Meta’s compliance with the EU’s Digital Services Act […]

The post EU issues request for information to Meta in connection with DSA probe appeared first on SiliconANGLE.

Report: SoftBank held talks with Intel about developing an AI chip

Maria Deutscher — Thu, 15 Aug 2024 22:50:30 +0000

SoftBank Group Corp. and Intel Corp. held talks in recent months about developing an artificial intelligence chip, the Financial Times reported today. The negotiations, which have since fallen apart, are believed to have been part of a multibillion-dollar push on SoftBank’s part to challenge Nvidia Corp. in the AI accelerator market. The Tokyo-based conglomerate reportedly […]

The post Report: SoftBank held talks with Intel about developing an AI chip appeared first on SiliconANGLE.

Google rolls out AI Overviews to more countries amid publisher scrutiny

Maria Deutscher — Thu, 15 Aug 2024 21:10:21 +0000

Google LLC today announced plans to make its search engine’s AI Overviews feature available in Brazil, India, Indonesia, Japan, Mexico and the U.K. The move comes about three months after the company made the capability generally available in the U.S. When users enter certain questions into Google Search, AI Overviews displays a natural language answer […]

The post Google rolls out AI Overviews to more countries amid publisher scrutiny appeared first on SiliconANGLE.

Caresyntax raises $180M for its surgical data management platform

Maria Deutscher — Thu, 15 Aug 2024 19:00:43 +0000

Caresyntax Inc., a startup that helps surgeons provide better patient care, has raised $180 million from investors to enhance its technology. The company detailed today the capital infusion came as an extension to a Series C round it had originally closed in 2021. The bulk of the financing, $100 million, was provided as equity funding […]

The post Caresyntax raises $180M for its surgical data management platform appeared first on SiliconANGLE.

Snowflake launches AI-powered Cortex Analyst query generator into public preview

Maria Deutscher — Wed, 14 Aug 2024 22:54:28 +0000

Snowflake Inc. today announced the public preview of Cortex Analyst, a new tool that allows users to analyze records in its cloud data platform with natural language prompts. Workers often consume business information in the form of dashboards. Typically, fixing an issue in a dashboard or carrying out an analysis that it doesn’t support out […]

The post Snowflake launches AI-powered Cortex Analyst query generator into public preview appeared first on SiliconANGLE.

Kiteworks raises $456M to secure file transfers in the enterprise

Maria Deutscher — Wed, 14 Aug 2024 21:27:28 +0000

Kiteworks Inc., a startup that helps enterprises prevent unauthorized access to their data, has secured a $456 million funding round at a valuation exceeding $1 billion. The company disclosed the investment today. Insight Partners and Sixth Street Growth provided the capital. TechCrunch, citing data from PitchBook, reported the deal included at least $228 million in equity […]

The post Kiteworks raises $456M to secure file transfers in the enterprise appeared first on SiliconANGLE.

Elon Musk’s xAI debuts new Grok-2 and Grok-2 mini language models

Maria Deutscher — Wed, 14 Aug 2024 19:21:27 +0000

Elon Musk’s xAI Corp. has debuted two new language models, Grok-2 and Grok-2 mini, that it claims can perform some tasks with similar accuracy to OpenAI’s GPT-4o. The models rolled out to X on Tuesday. Later this month, they will also become available to developers through an application programming interface. The API will make it […]

The post Elon Musk’s xAI debuts new Grok-2 and Grok-2 mini language models appeared first on SiliconANGLE.