The U.S. Army has awarded a $250 million contract to Palantir Technologies Inc. to research and develop artificial intelligence and machine learning technology. The three-year deal for AI services reportedly builds on the work Palantir has been doing since at least 2018 for the Army Research Lab. Per the terms of the new contract, Palantir will ...

Artificial intelligence-powered business-to-business payments platform startup Slope Inc. today announced that it has raised $30 million in new funding to fuel product development and expansion. Founded in 2021, Slope offers a B2B payments platform designed to deliver smoother transactions between enterprises. The service aims to simplify the often complex process of B2B payments, enabling companies to ...

Zero-trust security startup Xage Security Inc. today announced that it has received a $17 million contract from the U.S. Space Force’s Space System Command to offer its zero-trust access control and data protection across SSC’s current and next-generation ground and space architectures. The contract was awarded to Xage Security Gov, a fully owned subsidiary of Xage established to ...

Irish no-code automation startup Tines Security Service Ltd. today announced an expansion of its platform to enable teams to do their best work with fewer alerts, duplicate efforts and information silos. With the expansion, the Tines Workflow Builder now offers usability and flexibility for every team, according to the company. The platform enables single builds ...

The U.S. Cybersecurity and Infrastructure Agency has released a new framework designed to improve the accuracy of risk assessments in the hardware supply chain. The new Hardware Bill of Materials Framework for Supply Chain Risk Management, released Monday, is a product of the Information and Communications Technology Supply Chain Risk Management Task Force It has been designed ...

Infamous hacking group LockBit 3.0 was once again the most active threat actor amid a surprising drop in ransomware attacks in August, according to a new report released today by NCC Group plc. The NCC Group Monthly Threat Pulse for August 2023 details 390 ransomware attacks in the month, a figure that is down 22% from July. ...

OpenAI LP, the company behind the highly popular generative artificial intelligence service ChatGPT, is reportedly talking to investors about a share sale that would value it at between $80 billion and $90 billion, roughly triple its valuation as of earlier this year. The Wall Street Journal reported today that the deal is expected to allow employees ...

Artificial intelligence and machine learning model testing startup Kolena Inc. announced today that it has raised $15 million in new funding to fuel its mission to revolutionize how AI systems and tested and validated. Founded in 2021, Kolena offers an AI and ML testing platform that allows teams to rigorously test model behavior. The platform ...

Security intelligence and management solutions startup Exabeam Inc. today announced new cybersecurity features designed to address the limitations of traditional and legacy security information and event management solutions. Announced at the company’s Spotlight23 annual user conference, the new features include enhanced threat detection, investigation and response innovations that leverage artificial intelligence, generative AI and machine learning that increase ...

Data security platform startup Baffle Inc. today launched a new solution for securing private data in generative artificial intelligence projects that integrates with existing data pipelines. Called Baffle Data Protection for AI, the new service has been designed to address the issue where publicly available generative AI services, such as ChatGPT, while useful, present a risk of ...