News
Important shifts and updates across AI, technology and business.
Mercor’s Strategic Acquisition of Deeptune Enhances AI Training Capabilities
Mercor acquires Deeptune to bolster AI training environments, leveraging simulated software for enhanced agent learning.GIM secures $20 million to revolutionize AI in investing
GIM raises $20 million to advance AI-driven investment strategies, focusing on autonomous hypothesis generation and testing in capital markets.Canva Elevates Enterprise Creativity with AI Workflows
Canva is revolutionizing enterprise creativity by integrating trusted AI workflows that prioritize security and collaborative editing.Kraken Technology Group secures $175M funding, hits $1B valuation
Kraken Technology Group has raised $175 million, boosting its valuation to $1 billion as it advances its autonomous ship technology.Oxylabs secures $130M in funding, hits unicorn status
Oxylabs has raised $130 million in its first funding round, achieving a valuation of $3.6 billion and expanding its offerings beyond web proxy services.Financial Sector Struggles with Phishing-Resistant MFA Adoption
A new report reveals that just 28% of financial organizations have implemented phishing-resistant MFA, highlighting significant security vulnerabilities.Meta’s AI Chips Set to Roll Out in September
Meta’s upcoming AI chips aim to cut GPU costs and adapt to evolving AI needs, starting production in September.Meta launches Muse Spark 1.1, joining the AI coding fray
Meta has launched Muse Spark 1.1, a new AI coding model designed to compete with industry leaders, offering competitive pricing and advanced coding capabilities.Google introduces AI ad transparency labels
Google now labels ads made with its generative AI tools, enhancing transparency for users regarding AI involvement in advertising.OpenAI pulls the plug on Atlas, shifts focus to AI browser features
OpenAI is shutting down its Atlas browser but will integrate its features into ChatGPT’s desktop app and a Chrome extension.OpenAI’s No. 2 executive Fidji Simo resigns amid health challenges
Fidji Simo resigns from her role at OpenAI, shifting to part-time advisory status due to health challenges, leaving a leadership vacuum at a critical time for the company.
