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Security

DeNexus expands cyber risk management platform with $17.5M investment

By Duncan Riley Oct 16, 2024

Cyber risk management startup DeNexus Inc. announced today that it has raised $17.5 million in new funding to expand its product offerings. Founded in 2019, DeNexus specializes in industrial cyber risk management with a…

Infra

Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center networking

By Kyt Dotson Oct 16, 2024

Lightmatter Inc., a startup building photonic supercomputing products, today announced it has raised $400 million in a late-stage round, raising the company’s valuation to $4.4 billion. The Series D round was led by T.…

Security

Okta expands Workforce Identity Cloud with new security enhancements and AI governance tools

By Duncan Riley Oct 16, 2024

Identity access management company Okta Inc. today made a number of announcements aimed at enhancing security and developer capabilities across its platform, a new partnership with the OpenID Foundation to bolster identity security across software-as-a-service applications,…

Big Data

Big-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency

By Mike Wheatley Oct 16, 2024

Big-data startup UltiHash GmbH is looking to disrupt the artificial intelligence storage market with the launch of a “unified storage layer” that combines a new and more sophisticated deduplication algorithm with the scalability of…

Security

Akamai introduces Behavioral DDoS Engine and AI Assistant to strengthen security portfolio

By Duncan Riley Oct 16, 2024

Content delivery network and cloud services provider Akamai Technologies Inc. today announced two major updates for its security portfolio that enhance protection against sophisticated threats and streamline security operations through advanced machine learning and AI-driven insights.…

Security

Lookout adds ‘smishing’ and executive impersonation protection to mobile security platform

By Duncan Riley Oct 16, 2024

Cybersecurity company Lookout Inc. today announced new features for its Mobile Endpoint Security solution that provide comprehensive protection against two fast-growing advanced social engineering tactics: SMS text phishing, or smishing, and executive impersonation fraud texts. The…

AI

Cognizant enhances Neuro AI platform for faster AI use case deployment

By Duncan Riley Oct 16, 2024

Information technology services company Cognizant Technology Solutions Corp. today unveiled enhancements to its Neuro AI Platform that allow enterprises to discover, prototype and develop artificial intelligence use cases rapidly. The enhancements allow businesses to quickly identify…

Infra

Xscape Photonics raises $44M to accelerate development of laser-based chip interconnects

By Mike Wheatley Oct 15, 2024

Next-generation data center connectivity startup Xscape Photonics today revealed it has closed on a $44 million early-stage investment, bringing its total amount raised to date to $57 million. Today’s Series A round was led…

AI

AI startups Decagon and Neuron7 raise millions to transform customer service and repairs

By Mike Wheatley Oct 15, 2024

Artificial intelligence-powered customer service startups Decagon AI Inc. and Neuron7 Inc. both announced big funding rounds today, with the former closing on a hefty $65 million investment, and the latter raising $44 million. Decagon…

AI

AWS and Databricks to deliver more affordable generative AI for joint customers

By Mike Wheatley Oct 15, 2024

Amazon Web Services Inc. and Databricks Inc. have signed a five-year deal to help companies cut costs when building and running their artificial intelligence applications. As part of the deal announced today, Databricks says it…

explore news

DeNexus expands cyber risk management platform with $17.5M investment

Lightmatter raises $400M at $4.4B valuation for next-gen photonic data center networking

Okta expands Workforce Identity Cloud with new security enhancements and AI governance tools

Akamai introduces Behavioral DDoS Engine and AI Assistant to strengthen security portfolio

Lookout adds ‘smishing’ and executive impersonation protection to mobile security platform

Cognizant enhances Neuro AI platform for faster AI use case deployment

Xscape Photonics raises $44M to accelerate development of laser-based chip interconnects

AI startups Decagon and Neuron7 raise millions to transform customer service and repairs

AWS and Databricks to deliver more affordable generative AI for joint customers

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