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EU lawmakers approve tougher rules as AI Act moves closer to becoming law
The European Parliament today came to an agreement approving its proposed draft law governing artificial intelligence, known as the “AI Act,” in a vote that passed it along to member states to become formal regulation. European lawmakers have been wrangling over the legislation since April in an attempt to balance the growing AI industry against risks ...
Accenture plans to invest $3B into AI
As global interest in artificial intelligence continues to soar in popularity, more corporations are jumping on board, including the global technology consulting firm Accenture PLC, which announced today that it plans to invest $3 billion into the technology over the next three years. Artificial intelligence, especially generative AI, has taken the world by storm in ...
Application security startup Kodem emerges from stealth with $25M
Kodem Security Inc., a company that focuses on application security, today launched with $25 million in funding to expand its platform globally that works by using runtime intelligence to determine if applications are vulnerable and warn security teams. The funding comes from two separate rounds, including $18 million in a Series A led by Greylock and ...
Cloud cost intelligence platform CloudZero raises $32M
Expert cloud intelligence and cost reduction platform CloudZero Inc. today said it raised $32 million in Series B financing to expand its platform and empower software teams to manage cloud spending. CloudZero helps cloud teams eliminate wasteful spending and ship efficient code by tracking usage data from cloud providers such as Amazon Web Services, Microsoft ...
Percepto raises $67M for industrial inspection drone technology platform
Autonomous drone inspection solution startup Percepto Ltd. today announced it has raised $67 million in fresh funding led by Koch Disruptive Technologies after receiving a license from the U.S. government to deploy drones remotely nationwide. The Series C funding round brings the total raised by the company to more than $120 million and includes participation ...
Barracuda tells customers to replace vulnerable email security appliances after hacker exploit
Cloud cybersecurity firm Barracuda Networks Inc. is telling customers to replace their vulnerable Email Security Gateway appliances immediately, even if they have installed all available patches. In a dramatic measure announced on June 6, the company told customers that it begin assisting with replacing ESG appliances irrespective of their patch status in order to combat ...
Binance attorneys say SEC Chair Gary Gensler offered to advise crypto company in 2019
The lawyers of Binance Holdings Ltd. have alleged that United States Securities and Exchange Commission Chair Gary Genser offered to be an adviser to the company prior to taking up his post at the SEC. According to a report from CNBC on Wednesday, documents filed by the SEC indicated that attorneys from Gibson Dunn and ...
1Password passkey support for web browsers launches into public beta
Password management software provider 1Password announced Tuesday that it has finally launched its anticipated passkey browser extension feature into beta test mode, enabling users to log into websites that support it without having to use passwords to authenticate themselves. The new beta extensions are available for Chrome, Firefox, Edge, Brave and Safari and can be ...
WordPress is getting an AI assistant that will write blog posts for you
Automattic Inc., the company that runs WordPress.com and contributes to the open-source WordPress content management software, today released a new artificial intelligence-powered tool that can help users write and edit blog posts. The new tool is called the Jetpack AI Assistant and it is immediately available on WordPress.com and lives directly in the editor interface ...
How Auto-GPT will revolutionize AI chatbots as we know them
Artificial intelligence chatbots such as OpenAI LP’s ChatGPT have reached a fever pitch of popularity recently not just for their ability to hold humanlike conversations, but because they can perform knowledge tasks such as research, searches and content generation. Now there’s a new contender taking social media by storm that extends the capabilities of OpenAI’s ...