Key Takeaways: Velaura AI has entered the ranks of billion-dollar semiconductor startups after raising $110 million to develop chips intended to reduce the energy demands of artificial intelligence infrastructure. The Series A was led by Seligman Ventures, with Samsung Catalyst Fund and StepStone Group among the p
Key Takeaways: Ray Dalio is warning investors that enthusiasm for artificial intelligence has begun to display “classic signs” of a bubble, even though the underlying technology could still generate substantial economic value. During a recent appearance on The Diary of a CEO podcast, the Bridgewater Associates fou
Key Takeaways: ByteDance and the Motion Picture Association have agreed to strengthen copyright safeguards for the Seedance video-generation model and Seedream image-generation model, moving their dispute over intellectual property toward ongoing cooperation. The agreement, signed Monday, follows a cease-and-desis
Key Takeaways: The week’s security activity carried a familiar warning: expensive incidents do not always begin with sophisticated access. Sometimes an exposed service, a compromised credential or a missed update is enough. Attackers then add persistence, steal authenticated sessions or use ransomware to complicat
Key Takeaways: Cloud storage solved one problem while leaving another largely intact. Businesses can place enormous media libraries, design files, datasets, and codebases online, but retrieving that material can still interrupt work for minutes or hours. Space, a San Francisco startup, has raised a $2.4 million pr
Key Takeaways: Higgsfield has secured $400 million in fresh capital, lifting the AI startup’s valuation to $5.4 billion. The valuation has quadrupled in about six months, a sharp increase that highlights continuing investor appetite for businesses serving the expanding AI content-creation market. The scale of the
Key Takeaways: Groq has secured $350 million in new financing as it accelerates a major change in direction. Disruptive led the round, while Nvidia plans to participate. The transaction values Groq at $3.5 billion, well below the $6.9 billion valuation attached to the company last September. That comparison does n
Key Takeaways: Oracle has dropped its lawsuit against Wisconsin utility regulators, leaving in place safeguards designed to prevent the electricity costs of large data centers from shifting to households and small businesses. The Citizens Utility Board of Wisconsin, known as CUB, characterized the decision as a si
Key Takeaways: General Electric (GE) and Philips are investigating cybersecurity incidents after the Clop ransomware gang claimed to have breached their systems and stolen sensitive data, adding two major industrial and medical technology names to a widening extortion campaign. GE said it was aware of Clop’s claim
Key Takeaways: Shared Health is continuing recovery work at Winnipeg’s Health Sciences Centre and Cancer Care Manitoba after ransomware disrupted building maintenance systems. The attack was discovered on Aug. 10, and the health authority said in an Aug. 17 update that patient care had not been affected. The impac