Maria Deutscher
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Google fires 28 workers over sit-in protesting its business ties with Israel
Google LLC has fired 28 employees who held protests at two of its offices over the company’s business ties with Israel. Chris Rackow, the search giant’s vice president of global security, announced the dismissals in an internal memo sent late Wednesday. The protests took place the previous day inside two of the offices Google maintains ...
Open-source LLM startup Mistral AI reportedly seeking new funding at $5B valuation
Mistral AI, a Paris-based large language model startup, is reportedly in talks with investors to raise capital at a $5 billion valuation. The Information reported the fundraising push on Tuesday evening, citing a person with direct knowledge of the matter. It’s believed Mistral could raise several hundred million dollars through the round. It’s unclear which ...
Armis acquires vulnerability prioritization startup Silk Security in $150M deal
Cybersecurity provider Armis Inc. has bought Silk Security Inc., a startup that helps enterprises find vulnerabilities in their infrastructure and understand their severity. Armis detailed in its acquisition announcement today that the deal values Silk at $150 million. That’s more than 10 times the $12.5 million in funding the latter company had previously raised from ...
Mandiant links Russia’s Sandworm hacking group to water infrastructure breaches
Mandiant today released a report that links Sandworm, a Russian state-backed threat actor, to a series of recent cyberattacks against water utilities. The Google LLC unit also changed the codename it uses to track the hacking group. Mandiant will refer to Sandstorm as APT44 going forward, with APT being an abbreviation of advanced persistent threat. ...
UnitedHealth investigating reported leak of data from its Change Healthcare unit
UnitedHealth Group Inc., the largest health insurer in the U.S., today disclosed that it’s investigating a potential leak of internal data from its Change Healthcare unit. The suspected leak is linked to a cyberattack that the division experienced earlier this year. The incident saw a ransomware gang access six terabytes of Change Healthcare data including ...
Rivos raises $250M+ to develop chips for AI and analytics workloads
Rivos Inc., a startup developing artificial intelligence chips based on the RISC-V instruction set architecture, has secured more than $250 million in fresh early-stage funding. The company raised the capital through a Series-A3 round announced today. According to Rivos, Matrix Capital Management was the largest investor. Intel Capital, Dell Technologies Capital and chipmaker MediaTek Inc. ...
Microsoft invests $1.5B in UAE-based AI company G42
Microsoft Corp. announced today that it’s investing $1.5 billion in G42, a UAE-based artificial intelligence developer. The cloud computing and software giant will receive a minority stake in G42 as part of the transaction. Additionally, Microsoft Vice Chair and President Brad Smith is joining G42’s board. The Financial Times reported the investment “required negotiation” with ...
OpenAI opens Tokyo office and debuts custom GPT-4 version for Japan
OpenAI has announced plans to open an office in Tokyo and release a version of GP-4 optimized to process Japanese-language text. The office, which the company unveiled late Sunday, is its third international hub. OpenAI previously launched branches in London and Dublin last year. More international offices may follow suit as the artificial intelligence developer ...
Tesla lays off 10% of its workforce amid demand slowdown
Shares of Tesla Inc. dropped 5% today after the automaker announced plans to let go more than a tenth of its workforce. The company had 140,473 employees last December, which suggests over 14,000 staffers may be leaving the company. Tesla didn’t disclose what business units are affected. However, it did divulge that the departing staffers ...
Samsung wins $6.4B in CHIPS Act funding for Texas semiconductor complex
The U.S. Commerce Department announced today that Samsung Electronics Co. Ltd. will receive up to $6.4 billion worth of federal grants to build a chip complex in Taylor, Texas. The project’s total price tag is expected to exceed $40 billion. In Taylor, Samsung plans to build three fabs and a chip packaging plant. The company ...