Artificial intelligence-powered anti-money laundering and fraud prevention solutions company Hawk AI GmbH announced today that it has raised $56 million in new funding to support continued product innovation and global expansion, particularly into the U.S. market. Founded in 2018 by fintech veterans Tobias Schweiger and Wolfgang Berner, Hawk has as its mission to assist financial ...

Artificial intelligence agent and assistant platform provider Vectara Inc. today announced the launch of Open RAG Eval, an open-source evaluation framework for retrieval-augmented generation. RAG is a technique that enhances AI responses by retrieving relevant external data to inform its output. The approach improves accuracy and reduces hallucinations by grounding responses in real-time, trusted information. ...

Multicloud security firm Fortanix Inc. today announced the public preview of Fortanix Armet AI, a new service that allows enterprises to create secure and compliant custom generative artificial intelligence applications to mitigate data exposure risk. Armet AI has been designed to assist organizations that are seeking to take advantage of generative AI technology but don’t view off-the-shelf ...

Machine-to-machine communications startup Corsha Inc. announced today that it has raised $18 million in new funding to expand go-to-market efforts, launch Corsha Labs and enhance its machine identity platform with artificial intelligence-driven behavioral and adaptive access controls for securing machine-to-machine communication. Founded in 2017, Corsha offers solutions designed to integrate seamlessly into various environments, including ...

San Francisco-based venture capital firm SignalFire Ventures today announced that it has raised more than $1 billion in new capital to bring its total assets under management to $3 billion. Founded in 2013 by Chris Farmer and Ilya Kirnos, SignalFire is best known as an early investor in artificial intelligence startups but also as a ...

Identity platform startup Stytch Inc. today unveiled Remote MCP Authorization, a new service created in partnership with Cloudflare Inc. that allows developers to add authorization to Remote MCP Servers built on Cloudflare Workers and any other frameworks supporting MCP Servers. Model Context Protocol, or MCP, is a communications standard developed by Anthropic PBC that allows artificial intelligence ...

A new report released today by phishing protection company SlashNext Inc. details the emergence of a next-generation malicious artificial intelligence platform called Xanthorox AI, which is being promoted in underground cybercrime forums as a modular, self-hosted tool for automated hacking operations. Malicious AIs are not new, with several tools already in circulation, with models such as WormGPT, FraudGPT ...

A new paper from Google DeepMind Technologies Ltd., the artificial intelligence research laboratory that is part of Alphabet Inc., this week laid out a comprehensive framework for navigating the risks and responsibilities of developing artificial general intelligence, marking one of the clearest commitments yet from the company on AGI safety. AGIs are theoretical AI systems that ...

Microsoft Corp. has reportedly pulled back on multiple planned data center projects three months after it announced plans to spend $80 billion to build artificial intelligence data centers through the current fiscal year. Bloomberg, referencing people familiar with the situation, claims that Microsoft had recently halted talks for, or delayed development of, sites in Australia, ...

Oracle Corp. has reportedly told some customers that a hacker broke into computer systems and stole old client login credentials. The admission comes after the company publicly denied any breach had taken place following a hacker offering allegedly stolen Oracle data on BreachForums. Bloomberg, referencing two people familiar with the matter, claims that Oracle staff ...