Maria Deutscher
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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 ...
OpenAI rolls out upgraded GPT-4 Turbo model to ChatGPT’s premium tiers
OpenAI has rolled out an upgraded version of its GPT-4 Turbo large language model to ChatGPT’s paid versions. The company announced the update in a late Thursday post on X. “Our new GPT-4 Turbo is now available to paid ChatGPT users,” OpenAI detailed. “We’ve improved capabilities in writing, math, logical reasoning, and coding.” GPT-4, a ...
Palo Alto Networks discloses critical vulnerability in its firewall operating system
Palo Alto Networks Inc. today disclosed a vulnerability in its Pan-OS firewall operating system that is being actively targeted by hackers. The exploit, which is tracked as CVE-2024-3400, has received the highest possible score in the CVSS threat severity evaluation system. It’s believed tens of thousands of firewalls could be affected worldwide. Nasdaq-listed Palo Alto ...
Zscaler acquires microsegmentation startup Airgap Networks
Zscaler Inc. today announced that it has acquired Airgap Networks Inc., a startup with a software platform designed to improve the security of enterprise networks. The deal’s financial terms were not disclosed. Santa Clara, California-based Airgap previously raised more than $18 million from investors. It counts multiple Fortune 500 companies as customers. Nasdaq-listed Zscaler is ...
Amazon CEO Andy Jassy spotlights AI growth, space opportunities in latest shareholder letter
Amazon.com Inc. Chief Executive Andy Jassy today published his latest annual letter to shareholders, continuing a practice that was started by company founder Jeff Bezos nearly three decades ago. Jassy took over the task of writing the memo after becoming CEO in July 2021. The following April, the executive’s first-ever shareholder letter discussed Amazon’s e-commerce ...