Key Takeaways: Cognition AI is in early discussions with investors about raising fresh capital at a valuation of at least $40 billion, according to reporting published August 12. The potential financing comes less than three months after Cognition AI raised approximately $1 billion at a $26 billion valuation in Ma
Key Takeaways: Thrive Holdings has raised $2 billion at a $12 billion valuation, giving the group substantial capital to expand a business model that combines acquisitions of traditional service providers with large-scale artificial intelligence deployment. SoftBank, D1 Capital Partners, and Altimeter Capital part
Key Takeaways: The SIM card is easy to overlook. It sits inside a phone, router, vehicle or connected device and quietly handles access to a cellular network. Yet new research indicates that a hostile or compromised SIM can do considerably more than redirect a phone number. It can become a foothold inside the devi
Key Takeaways: Bank of America has launched a $250 billion initiative to finance the physical infrastructure supporting artificial intelligence in the United States, widening Wall Street’s role in a buildout that increasingly depends on electricity, metals, and industrial capacity as much as computing hardware. Th
Key Takeaways: WirelessG and six other applicants have filed an urgent court application against Vodacom, alleging that the mobile operator is failing to comply with its shareholding agreement with WirelessG. The case, reported by MyBroadband, centres on three contested obligations. WirelessG says Vodacom is not p
Key Takeaways: A USB flash drive discovered in a Farmington, New Mexico, laundromat has triggered a Navajo Nation review of how sensitive veterans’ records were stored, transported and potentially exposed. The device is now secured by the Farmington Office of the Federal Bureau of Investigation, but the scope of t
Key Takeaways: Kevin Weil, the former chief product officer of OpenAI, is pursuing one of the more ambitious early-stage financing rounds in the emerging AI-for-science market. Weil has sought a valuation of at least $750 million and aims to raise $150 million, according to three people with knowledge of the discu
Key Takeaways: Data breaches are becoming significantly more expensive for Southeast Asian businesses, with artificial intelligence playing roles on both sides of the security contest. The IBM Cost of a Data Breach Report put the region’s average cost at $4.12 million in 2026, a record and a 12-percent increase fr
Key Takeaways: NVIDIA is moving beyond selling chips and deeper into the machinery that finances the data centers using them. The company is working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR on an effort targeting more than $500 billion in AI infrastructure financing. The plan is desig
Key Takeaways: Oracle has added immutable backup support to OCI Block Storage, introducing a storage-level safeguard designed to keep recovery data from being deleted or altered before its retention period expires. The capability addresses a particularly damaging part of modern ransomware campaigns. Attackers incr