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AI

Startup Scamnetic debuts AI-powered scam detection platform to detect fraudsters in real time

By Mike Wheatley Aug 6, 2024

Artificial intelligence-powered “scam detection” startup Scamnetic Inc. said it’s making its flagship platform available to software providers today. Customers will be able to integrate its platform into their software via an application programming interface…

Security

Contrast Security launches new ADR service to bolster application security

By Duncan Riley Aug 6, 2024

Application security startup Contrast Security Inc. today introduced Application Detection and Response, a new service that identifies and blocks attacks and zero-day or previously unknown vulnerabilities on applications in production. Contrast Security ADR has…

Security

Apiiro introduces AI-driven ‘Risk Detection at Design Phase’ for enhanced app security

By Duncan Riley Aug 6, 2024

Application security posture management company Apiiro Ltd. today announced a new artificial intelligence-driven capability that automatically analyzes feature requests to identify risks and proactively initiates security reviews at the earliest stage of the application…

AI

Salesforce extends generative AI smarts to its Nonprofit Cloud platform

By Mike Wheatley Aug 6, 2024

Salesforce Inc. said today that its dedicated Nonprofit Cloud platform is the latest product in its portfolio to benefit from an infusion of generative artificial intelligence. In a new update, the company is introducing…

Security

Elastic introduces new Automatic Import for faster SIEM onboarding with AI

By Duncan Riley Aug 6, 2024

Enterprise search technology provider Elastic N.V. today announced a new feature that automates the development of custom data integrations and accelerates security information and event management onboarding with artificial intelligence. Called Automatic Import, the new feature,…

Security

Abnormal Security raises $250M on $5.1B valuation to enhance AI-driven cyber protection

By Duncan Riley Aug 6, 2024

Artificial intelligence-native human behavior security company Abnormal Security Corp. announced today that it has raised $250 million in late-stage funding on a $5.1 billion valuation. The funding is intended to enable the company to…

Big Data

Open-source data science platform Knime raises $30M to seize opportunity in generative AI

By Mike Wheatley Aug 6, 2024

Open-source data science platform provider Knime AG said today it has closed on a new, $30 million investment from its longtime backer Invus. The round is the first major investment the company has received…

Policy

X is leaving San Francisco but will stay in Silicon Valley

By James Farrell Aug 5, 2024

Elon Musk’s X Corp. is closing down its flagship office in San Francisco, although the new location for the office won’t be quite as far as Texas, as Musk had threatened last month. In July,…

Cloud

Private equity firm Apax buys Thoughtworks in $1.75B takeover deal

By Mike Wheatley Aug 5, 2024

Shares of the technology consultancy Thoughtworks Holding Inc. jumped more than 27% during the regular trading session today after it revealed it has agreed to be acquired by the British private equity firm Apax…

AI

Placer Labs raises $75M to enhance market research initiatives with foot traffic data and AI

By Mike Wheatley Aug 5, 2024

Location data startup Placer Labs Inc., better known as Placer.ai, said today it has closed on a bumper $75 million funding round that brings its valuation to almost $1.5 billion. Today’s round was unusual…

the latest

Startup Scamnetic debuts AI-powered scam detection platform to detect fraudsters in real time

Contrast Security launches new ADR service to bolster application security

Apiiro introduces AI-driven ‘Risk Detection at Design Phase’ for enhanced app security

Salesforce extends generative AI smarts to its Nonprofit Cloud platform

Elastic introduces new Automatic Import for faster SIEM onboarding with AI

Abnormal Security raises $250M on $5.1B valuation to enhance AI-driven cyber protection

Open-source data science platform Knime raises $30M to seize opportunity in generative AI

X is leaving San Francisco but will stay in Silicon Valley

Private equity firm Apax buys Thoughtworks in $1.75B takeover deal

Placer Labs raises $75M to enhance market research initiatives with foot traffic data and AI

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