Artificial intelligence safety platform startup WitnessAI Inc. today announced the launch of Agentic Security, which extends its “confidence layer” for enterprise artificial intelligence beyond large language models to cover autonomous and semi-autonomous AI agents. The new capability is designed to give security teams visibility, control and protection as organizations increasingly deploy agents that can access internal systems, ...

Quantum software startup Haiqu Inc. announced today that it has raised $11 million in new funding to accelerate the launch of its operating system for quantum applications, which will include a hardware-aware quantum software stack for running near-term applications at 100 times less computational cost than existing solutions. Founded in 2022 by Richard Givhan, a ...

Cybersecurity and data protection company Acronis International GmbH today announced the launch of Archival Storage, a data storage and protection solution designed for managed service providers and their small to medium-sized business customers. Pitched as offering long-term, compliant and cost-efficient data storage and protection, Acronis Archival Storage allows users to retain large amounts of data securely, affordably ...

Meta Platforms Inc. is reportedly planning to cut about 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing three people familiar with the matter, claims that the layoffs could be announced as soon as Tuesday and that Andrew Bosworth, Meta’s chief technology ...

OpenAI Group PBC announced today that it has acquired Torch Health Inc., a healthcare technology startup focused on unifying personal medical data, as the artificial intelligence company moves to expand its efforts in health-related applications. The price of the acquisition was not officially disclosed and reports vary as to how much was paid. The Information ...

A new report out today from cybersecurity company Trellix Inc. warns that Facebook phishing scams are becoming significantly more sophisticated, as attackers increasingly abuse legitimate cloud infrastructure and employ advanced visual deception techniques to steal user credentials. According to the report, attackers have moved beyond traditional phishing emails and fake login pages and are adopting ...

Meta Platforms Inc.-owned Instagram has denied it suffered a data breach after a wave of unsolicited password reset emails sparked claims that data from more than 17 million user accounts had been leaked. Reports that Instagram had been breached first emerged after large numbers of users reported receiving password reset emails they had not requested. ...

Security hyperautomation platform company Torq Ltd. today announced that it has raised $140 million in new funding on a $1.2 billion valuation to accelerate adoption of its artificial intelligence-driven security operations platform and expand go-to-market efforts. Founded in 2020, Torq offers a security hyperautomation platform that is built to help security operations teams automate and scale their ...

Chinese artificial intelligence startup MiniMax Group Ltd. went public in Hong Kong today and raised about $619 million, highlighting strong investor appetite for generative AI companies on both sides of the Pacific. MiniMax priced its shares at HK$165 ($21.18) apiece, the top of its previously indicated range, and sold 29.2 million shares in the IPO, ...

Fitness and activity tracking platform company Strava Inc. has reportedly confidentially filed for an initial public offering. The Information reported today that the company has submitted a confidential draft registration statement to the U.S. Securities and Exchange Commission and has hired Goldman Sachs Group Inc. to help lead the offering. Founded in 2009, Strava offers a ...