Artificial intelligence startup Elemental Cognition Inc., founded by David Ferrucci, the former head of the team that created IBM Watson, has raised $60 million in new funding. First reported by CNBC, the fundraise was disclosed in a filing today with the U.S. Securities and Exchange Commission. The filing states that Elemental Cognition is attempting to raise $65.7 million ...

Edge cloud platform provider Fastly Inc. today announced that it has acquired domain status application programming interface provider Domainr. The company also made Certainly, its public-trust Transport Layer Security Certification Authority service, generally available. Founded in 2008, Domainr helps users find and create app and business names with an instant search and context-aware suggestion capability that ...

OpenAI LP, the company behind ChatGPT, has acquired Global Illumination Inc., a small digital company that creates “digital products” dedicated to providing incentives for creativity, for an undisclosed price. Founded in 2021, Global Illumination is described by OpenAI as a company that has been leveraging artificial intelligence to build creative tools, infrastructure and digital experiences. The ...

Passwordless multifactor authentication startup Beyond Identity Inc. today announced a new European Union General Data Protection Regulation-compliant tool that helps development and user experience teams understand, plan and optimize different user authentication experiences. Call “The Passkey Journey,” the free tool solves key challenges around passkey adoption and offers clarity into the pain of user interface inconsistencies across browsers and ...

Plans by the U.K. to host a global artificial intelligence summit, first mooted in June, have reportedly progressed, as the event is now expected to be held in the fall. The idea for the summit, which came from U.K. Prime Minister Rishi Sunak, is to bring together countries, tech companies and researchers to discuss safety measures ...

A new report from data security startup Dig Security Solutions Inc. today highlighted the growing issue of potential risks associated with managing and storing sensitive data in cloud environments. The “State of Cloud Data Security 2023” report, based on an analysis of 13 billion files stored in public cloud environments, deep dives into three critical aspects impacting a ...

QR codes are arguably one of the most ubiquitous technologies of the third decade of the 21st century, following the lead from China, where they’ve mostly replaced cash in everyday transactions. The convenience of scanning a QR code is well-documented, but not as well-documented is what happens when the QR code is malicious. That’s the ...

A new report released today by Fox-IT, part of NCC Group PLC, has detailed how about 2,000 Citrix NetScalers have been exploited by a threat actor to gain persistent access. Citrix NetScaler is an application delivery controller and load-balancing solution offered by Citrix Systems Inc. The devices optimize the delivery of applications over the internet and ...

Developer security operations startup OX Appsec Security Ltd. announced today that it has received an investment of an undisclosed amount from IBM Ventures. Founded in 2021 by Neatsun Ziv and Lior Arzi, both veterans of Check Point Software Technology Ltd.’s security division, OX Security offers an end-to-end security solution designed to prevent attacks across the software supply ...

A new report released today by low-code security automation company Swimlane LLC surprisingly finds that about two-thirds of U.S. government agencies are confident of meeting the zero-trust requirements imposed by a Biden administration executive order with just over a year until the deadline. The executive order, issued in May 2021, came a week after pipeline system operator Colonial ...