Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China’s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend. The summit, which could happen as soon as next week, may be intended as a signal by China’s Communist Party that…
Category: report
AI, Elon Musk, Funding, Fundraising, Global IT News, Global Security News, In Brief, report, rumor, startup, Startups, xAI
Elon Musk’s AI company, xAI, said to be in talks to raise $10B
Elon Musk’s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI’s total raised to $22.4 billion,…
AI, Global IT News, Global Security News, Hardware, In Brief, Meta, report, robotics, rumor
Meta’s next big bet may be humanoid robotics
Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household chores. Meta’s new robotics group, which will be led by Marc Whitten, driverless car startup…
AI, Anthropic, Global IT News, Global Security News, In Brief, reasoning model, report, rumor
Anthropic’s next major AI model could arrive within weeks
AI startup Anthropic is gearing up to release its next major AI model, according to a report Thursday from The Information. The report describes Anthropic’s upcoming model as a “hybrid” model that can switch between “deep reasoning” and fast responses. The company will reportedly introduce a “sliding scale” alongside the model to allow developers to…
acquisition, AI, ai accelerator chip, AI chip, Funding, FuriosaAI, Global IT News, Global Security News, Hardware, In Brief, Meta, report, rumor
Report: Meta in talks to acquire AI chip firm FuriosaAI
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up…
AI, Funding, Global IT News, Global Security News, Ilya Sutskever, In Brief, report, safe superintelligence, startup, Startups
Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial.…
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Ransomware Payments Decreased by 35% in 2024, Research Finds
Ransomware payments dropped 35% in 2024 due to law enforcement crackdowns and stronger cyber defenses, forcing attackers to adapt with new tactics.
AI, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, openai, report, startup, Startups
OpenAI said to be in talks to raise $40B at a $340B valuation
OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the…
AI, copyright, generative ai, Global IT News, Global Security News, Government, Government & Policy, In Brief, ip, report, U.S. Copyright Office
AI creations edited by humans can likely be copyrighted in US, agency says
In the U.S., AI-generated creations — books, movies, and so forth— that have been edited by a human can likely be copyrighted, but those without any human modifications or additions cannot. That’s according to a report published by the U.S. Copyright Office (USCO) on Wednesday, which outlined scenarios in which AI-generated content might be eligible…
Cloud Security, Cybersecurity, Featured, Global Security News, News, report, Security Awareness, Security Boulevard (Original), Social - Facebook, Social - LinkedIn, Social - X, Spotlight, Threats, Threats & Breaches, vulnerabilities
Google Issues Cloud Security Wake-Up Call as Threats Evolve
A report published by Google Cloud found nearly half (46%) of the observed security alerts involved a service account that was overprivileged. The post Google Issues Cloud Security Wake-Up Call as Threats Evolve appeared first on Security Boulevard.
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Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, Zuckerberg said that Meta expects to spend $60 billion-$80 billion on capex in 2025, primarily on data centers and growing…
AI, data centers, datacenters, generative ai, Global IT News, Global Security News, In Brief, Infrastructure, mgx, openai, report, Softbank, stargate
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate, according to The Information. The two companies would then both own 40% of the…
AI, Anthropic, Funding, Fundraising, generative ai, Global IT News, Global Security News, Google, In Brief, report, startup
Anthropic reportedly secures an additional $1B from Google
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion. Google poured $2 billion into Anthropic late last year. Anthropic,…
AI, ai-powered search, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Perplexity, report, rumor, Search, startup, Startups
Perplexity has reportedly closed a $500M funding round
AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as…
AI, Global IT News, Global Security News, In Brief, nonprofit, openai, report
OpenAI may pay its nonprofit arm ‘billions of dollars’ in conversion to for-profit
OpenAI’s transition away from a for-profit corporation that’s governed by a nonprofit board is well underway — and the nonprofit could be compensated royally for it. That’s according to The New York Times, which reports that OpenAI is in discussions to pay the nonprofit billions of dollars for it to cede control. There’s pressure to…