Duncan Riley
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Automotive cybersecurity company Upstream Security Inc. today announced a new strategic partnership with Škoda Auto a.s. to support the automaker’s unified, proactive approach to cybersecurity across its connected vehicles, digital services and supporting systems. Under the partnership, Škoda is using Upstream’s platform to consolidate …
After raising $59M, WitnessAI debuts Agentic Security as enterprises deploy more autonomous AI agents
Artificial intelligence safety platform startup WitnessAI Inc. today announced the launch of Agentic Security, which extends its “confidence layer” for enterprise artificial intelligence beyond large language models to cover autonomous and semi-autonomous AI agents. The new capability is designed to give security teams visibility, …
Quantum software startup Haiqu raises $11M to launch hardware-aware operating system
Quantum software startup Haiqu Inc. announced today that it has raised $11 million in new funding to accelerate the launch of its operating system for quantum applications, which will include a hardware-aware quantum software stack for running near-term applications at 100 times …
Acronis launches Archival Storage to give MSPs long-term, compliant data retention
Cybersecurity and data protection company Acronis International GmbH today announced the launch of Archival Storage, a data storage and protection solution designed for managed service providers and their small to medium-sized business customers. Pitched as offering long-term, compliant and cost-efficient data storage and protection, …
Meta reportedly prepares new round of Reality Labs layoffs as AI takes priority
Meta Platforms Inc. is reportedly planning to cut about 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing three people familiar with the matter, claims that the layoffs could …
OpenAI buys Torch to bring unified medical data into ChatGPT Health
OpenAI Group PBC announced today that it has acquired Torch Health Inc., a healthcare technology startup focused on unifying personal medical data, as the artificial intelligence company moves to expand its efforts in health-related applications. The price of the acquisition was not …
Trellix warns of advanced Facebook phishing using browser-in-the-browser attacks
A new report out today from cybersecurity company Trellix Inc. warns that Facebook phishing scams are becoming significantly more sophisticated, as attackers increasingly abuse legitimate cloud infrastructure and employ advanced visual deception techniques to steal user credentials. According to the report, attackers …
Instagram denies data breach after password reset emails spark leak claims
Meta Platforms Inc.-owned Instagram has denied it suffered a data breach after a wave of unsolicited password reset emails sparked claims that data from more than 17 million user accounts had been leaked. Reports that Instagram had been breached first emerged after …
Torq raises $140M at $1.2B valuation to scale AI-driven security hyperautomation
Security hyperautomation platform company Torq Ltd. today announced that it has raised $140 million in new funding on a $1.2 billion valuation to accelerate adoption of its artificial intelligence-driven security operations platform and expand go-to-market efforts. Founded in 2020, Torq offers a security hyperautomation …
MiniMax raises $619M in Hong Kong IPO as investor appetite for generative AI remains strong
Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides of the Pacific. MiniMax priced its shares at HK$165 ($21.18) apiece, the top …