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Apps

Reddit files for IPO after annual revenue tops $800M

By Maria Deutscher Feb 22, 2024

Confirming recent reports, Reddit Inc. today submitted paperwork for a public offering on the New York Stock Exchange. The company didn’t disclose its fundraising and valuation targets in the regulatory filing. Last Friday, sources…

Infra

AT&T restores network following large-scale cellular outage

By Maria Deutscher Feb 22, 2024

AT&T Inc.’s network has returned to normal operations following an outage earlier today that left a large number of users without reliable cellular reception. The U.S. Federal Communications Commission launched an investigation into the…

Security

Data leak reveals inner workings of Chinese state-linked hacking group

By Maria Deutscher Feb 22, 2024

A trove of documents leaked to GitHub last week has revealed that I-Soon, a Shanghai-based cybersecurity training company, is in fact a hacking group. Cybersecurity journalist Brian Krebs reported the leak today. The data trove…

AI

Stability AI announces early preview of Stable Diffusion 3 text-to-image model

By Kyt Dotson Feb 22, 2024

Open generative artificial intelligence startup Stability AI Ltd. today announced the early preview of Stable Diffusion 3, the next generation of its highly advanced text-to-image AI model. The new model makes a large number of improvements…

AI

Momentum builds among Big Tech firms for AI reskilling initiatives

By Mark Albertson Feb 22, 2024

When Microsoft Corp. announced earlier this month that it would equip 2 million people in India with AI reskilling opportunities by 2025, it marked another milestone in a quest by major tech companies to…

Blockchain

Ethereum restaking protocol EigenLayer raises $100 million led by a16z

By Kyt Dotson Feb 22, 2024

Crypto startup Eigen Labs raised $100 million in a funding announced today led by Andreessen Horowitz’s a16z crypto venture capital arm for its EigenLayer crypto restaking protocol. The startup previously raised $50 million in March in…

Infra

Smarter technology: Gilbert, Arizona’s journey to cyber resilience

By Chad Wilson Feb 22, 2024

With technology permeating many aspects of everyday life, the proliferation of smart technology is reshaping cities worldwide. From internet of things sensors to artificial intelligence-driven analytics, the landscape of urban living is evolving rapidly.…

AI

Google admits its Gemini AI was problematic with racially diverse images, vows to fix it

By James Farrell Feb 21, 2024

Google LLC today admitted it “missed the mark” after its the image generator in its generative artificial intelligence Gemini was accused of going too far in trying to promote diversity by consistently making white historical…

Cloud

DigitalOcean beats expectations under the helm of new CEO Paddy Srinivasan

By Mike Wheatley Feb 21, 2024

Shares of the cloud computing infrastructure firm DigitalOcean Holdings Inc. traded higher in extended trading today after it delivered earnings, revenue and guidance for the current quarter that came in above expectations. The company reported…

Infra

Nvidia’s data center GPU sales grow by a stunning 409% on huge demand for AI chips

By Mike Wheatley Feb 21, 2024

Updated with Thursday stock price: Nvidia Corp. once again crushed Wall Street’s expectations as it delivered its fourth-quarter financial results, sending its stock higher in extended trading. The company also forecast revenue for the…

the latest

AT&T restores network following large-scale cellular outage

Data leak reveals inner workings of Chinese state-linked hacking group

Stability AI announces early preview of Stable Diffusion 3 text-to-image model

Momentum builds among Big Tech firms for AI reskilling initiatives

Ethereum restaking protocol EigenLayer raises $100 million led by a16z

Smarter technology: Gilbert, Arizona’s journey to cyber resilience

Google admits its Gemini AI was problematic with racially diverse images, vows to fix it

Nvidia’s data center GPU sales grow by a stunning 409% on huge demand for AI chips

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