Maria Deutscher
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Biden signs executive order that will make federal lands available for AI infrastructure
President Joe Biden today signed an executive order that will make federal lands available for artificial intelligence data centers. The order also seeks to support green energy projects that can meet those facility power requirements. According to The Verge, the Lawrence Berkeley National Laboratory recently determined that data centers’ electricity usage has tripled over the ...
UK launches antitrust investigation into Google’s search business
The U.K.’s antitrust regulator has launched a probe into Google LLC’s practices in the search market. The Competition and Markets Authority, or CMA, announced the investigation today. The move comes four months after a U.S. court found that Google maintains an illegal monopoly in the search and search text advertising markets. The Justice Department is ...
Microsoft forms new AI engineering group led by Jay Parikh
Microsoft Corp. is forming a new engineering group that will be led by Jay Parikh, a former Meta Platforms Inc. executive who joined the company last year. Microsoft Chief Executive Officer Satya Nadella announced the move today in a note to employees. The new unit is known as the CoreAI – Platform and Tools group. ...
Clearwater acquires Enfusion in $1.5B financial software deal
Clearwater Analytics Holdings Inc. today announced plans to acquire Enfusion Inc., a fellow provider of financial software, for $1.5 billion in cash and stock. The offer amounts to $11.5o per share. That’s a 32% premium to Enfusion’s closing price on Sept. 19, the day before word leaked about the acquisition. Clearwater Analytics plans to finance ...
Biden administration announces new AI chip export controls
The Biden administration today announced new export restrictions focused on artificial intelligence chips and proprietary neural networks. The restrictions are outlined in a policy document known as the Interim Final Rule on Artificial Intelligence Diffusion. According to Axios, the goal is to prevent China from obtaining advanced AI chips through third countries. The Biden administration ...
Overhaul raises $55M for its AI-powered cargo management platform
Overhaul Group Inc., a startup helping enterprises protect merchandise while it travels through their supply chains, has raised $55 million in fresh funding. The company said in its announcement of the round today that Springcoast Partners was the lead investor. Returning backers Edison Partners and Americo chipped in as well. The cash infusion brings its ...
Supreme Court reportedly leaning toward upholding TikTok ban
The U.S. Supreme Court is expected to uphold a law that requires ByteDance Ltd. to sell TikTok or face a ban of the app. Several publications reported on the court’s position today following a three-hour hearing about the matter. During the hearing, several justices leaned toward accepting the U.S. government’s arguments in favor of the ...
Report: Chinese hackers breached US government office that reviews foreign investments
Chinese state-backed hackers have breached a U.S. government office that reviews foreign investments for national security risks, CNN reported today. The Committee on Foreign Investment in the U.S., or CFIUS, is headed by U.S. Treasury Secretary Janet Yellen. It also includes representatives from more than a dozen other government agencies as well as the White ...
Ivanti discloses critical VPN vulnerability being actively targeted by hackers
Hackers are actively targeting deployments of some Ivanti Inc. software products using a newly discovered security vulnerability. The company disclosed the exploit, which is tracked as CVE-2025-0282, on Wednesday. Ivanti is a major provider of infrastructure management and cybersecurity software with more than 40,000 customers. According to the company, those customers include several U.S. government ...
Report: SoftBank and Arm could acquire server chip provider Ampere
SoftBank Group Corp. and Arm Holdings plc may acquire chipmaker Ampere Computing LLC, Reuters reported on Wednesday. It’s unclear what price the company might fetch. Two years ago, SoftBank reportedly considered buying a stake in Ampere at an $8 billion valuation. It earlier expressed interest in acquiring the chipmaker outright. SoftBank became a major chip ...