News
Important shifts and updates across AI, technology and business.
Accenture hit by significant data breach, client data at risk
Accenture faces a serious data breach with claims of 35GB of sensitive data stolen, raising concerns for client security.MiniMax secures $2 billion to advance open-source AI models
MiniMax Group Inc. has raised $2 billion in funding to enhance its open-source AI models, including the newly launched MiniMax-M3.Apple Takes Legal Action Against OpenAI for IP Theft
Apple has sued OpenAI, alleging the company stole trade secrets from its former employees to aid in developing consumer electronics.Gradium secures $100M seed funding to enhance AI voice tech
Gradium, a Paris-based AI voice startup, has raised $100M in seed funding to expand its operations and enhance its voice technology.CXMT Aims to Disrupt Memory Chip Market with Major IPO
CXMT is poised to challenge the global memory chip market with a significant IPO as it aims to bolster China’s semiconductor independence.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.