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Sassine Ghazi to become CEO of chip design software firm Synopsys

By Mike Wheatley Aug 16, 2023

Semiconductor design software firm Synopsys Inc. said today that it’s hiring 25-year industry veteran Sassine Ghazi as its new chief executive officer. The news came as the company delivered better-than-expected fiscal third-quarter results thanks…

Security

New Beyond Identity tool helps UX teams understand, plan and optimize user authentication

By Duncan Riley Aug 16, 2023

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,”…

AI

UK AI summit plans progress, event now expected in the fall

By Duncan Riley Aug 16, 2023

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…

Infra

In positive sign for tech spending, Cisco’s stock rises on strong earnings and prospects for AI

By Mike Wheatley Aug 16, 2023

Shares of Cisco Systems Inc. traded higher after-hours today after the networking giant posted strong quarterly results and expressed optimism about the role it can play in a growing artificial intelligence industry. “We are seeing…

AI

Startup conversation: AptEdge uses AI and natural language processing to streamline customer care

By Dave Vellante Aug 16, 2023

In our latest startup conversation, I sat down with two executives of AptEdge, a firm using natural language processing to improve customer service. Aakrit Prasad (pictured, right) is the co-founder and chief executive of…

AI

Google DeepMind reportedly developing at least 21 new generative AI features

By Maria Deutscher Aug 16, 2023

Google LLC is reportedly developing a slew of generative artificial intelligence features that can perform tasks such as giving life advice and creating budgets. The New York Times reported the development effort today, citing…

AI

DynamoFL raises $15.1M to tackle language model data leaks

By Maria Deutscher Aug 16, 2023

DynamoFL Inc., a startup with software that prevents large language models from leaking sensitive data, has secured $15.1 million in fresh funding. The startup raised the capital through a Series A round it announced…

AI

AptEdge.io leverages AI and AnswerGPT to reduce customer escalations

By Victor Dabrinze Aug 16, 2023

Today’s digital economy implies a virtual product and service delivery approach across most verticals. With that comes the need for customer service teams to address concerns as early as possible and avoid escalations. AptEdge.io…

Infra

Intel scraps its $5.4B acquisition of Tower Semiconductor

By Maria Deutscher Aug 16, 2023

Intel Corp. today scrapped its plan to acquire specialty chipmaker Tower Semiconductor Ltd. for $5.4 billion. Under the terms of the acquisition, which the companies announced last February, Intel had until Tuesday midnight PDT…

Blockchain

Coinbase secures approval to offer crypto futures to US customers

By Kyt Dotson Aug 16, 2023

Major U.S. crypto exchange Coinbase Global Inc. said today that it has received approval from the National Futures Association to offer digital asset futures to eligible customers based in the United States. The NFA…

the latest

Sassine Ghazi to become CEO of chip design software firm Synopsys

UK AI summit plans progress, event now expected in the fall

In positive sign for tech spending, Cisco’s stock rises on strong earnings and prospects for AI

Startup conversation: AptEdge uses AI and natural language processing to streamline customer care

Google DeepMind reportedly developing at least 21 new generative AI features

DynamoFL raises $15.1M to tackle language model data leaks

AptEdge.io leverages AI and AnswerGPT to reduce customer escalations

Intel scraps its $5.4B acquisition of Tower Semiconductor

Coinbase secures approval to offer crypto futures to US customers

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