Artificial intelligence is the hottest thing in technology in years and the company arguably benefiting the most from the emergent AI industry is Nvidia Corp., which has seen its market cap pass $1 trillion. While services like OpenAI LP’s ChatGPT may be getting most of the headlines, the application of AI is far broader than ...

Cybersecurity firm Fortinet Inc. today announced new product and service additions to its FortiFlex program that deliver more flexible licensing options to customers. FortiFlex is a flexible licensing program that includes a suite of virtualized solutions for protecting cloud and virtual data center deployments and, with today’s announcement, now supports services for physical FortiGate next-generation firewall appliances. As of today, FortiFlex ...

DevOps security startup Cycode Ltd. today announced a new solution called Cimon designed to enhance the security of continuous integration and delivery or CI/CD to prevent software supply chain attacks such as those that targeted SolarWinds and Codecov. Cycode argues that CI/CD pipelines lack visibility, making them a highly sensitive link in the software development lifecycle and ...

U.K. Prime Minister Rishi Sunak announced Wednesday that his country plans to host the first global summit on artificial intelligence later this year. The event aims to bring together countries, tech companies and researchers to discuss safety measures for mitigating risks from AI. The event comes as some experts have continued to warn about the potential dangers of ...

A recently detailed vulnerability in an e-commerce platform offered by Honda Motor Co. Ltd. could have exposed the details of both Honda customers and dealers. First detailed June 6 by security researcher Eaton Zveare, the flaw in the platform was due to a password reset application programming interface that could allow an attacker to reset passwords for ...

Artificial intelligence efficiency platform startup Granica launched out of stealth mode today with a platform designed to help petabyte-scale Amazon Web Services Inc. S3 and Google Cloud Storage customers eliminate redundant and low-value data. Claimed to be the industry’s first AI efficiency platform, Granica’s platform is said to bring novel, fundamental research in data-centric AI to ...

Shares in Secureworks Corp. dropped in regular trading today after the cybersecurity company missed on earnings, revenue and outlook in its latest quarter. For its fiscal first quarter that ended May 5, Secureworks reported a net loss before costs such as stock compensation of $17.1 million, or 20 cents per share, higher than its loss of $7.6 ...

Business planning platform startup Pigment SAS today announced it has raised $88 million in new funding to facilitate further growth and product development. Founded in 2019, Pigment offers a cloud-based business forecasting platform that handles business strategy in real time. Pigment’s platform is pitched as offering an intuitive, full-spectrum view of a company that allows users to plot ...

Days after the U.S. Cybersecurity and Infrastructure Security Agency warned that a critical vulnerability in Progress Software Corp.’s MOVEit file transfer software was actively being exploited, the Clop ransomware gang claims to have used the vulnerability to target various organizations worldwide. The BBC, itself a victim of the attack, reported today that the Clop group posted a notice ...

A new report from Verizon Communications Inc. detail the growth in data breaches over the last year, finding that business email compromise attacks have almost doubled and now represent more than half of all social engineering incidents. The 16th annual Data Breach Investigations Report, released Tuesday, analyzed 16,312 security incidents and 5,199 breaches to come ...