Some of the SpaceX investors on Kahlon’s ledger are easy to identify: the Indian politician Abhishek Singhvi; Betsy DeVos, the former US secretary of education; a British Virgin Islands company owned by Indonesian billionaires. But others on the list are shell companies whose ultimate owners remain hidden. One such company is a Delaware LLC called… Read More: Before SpaceX IPO, investors in China secretly acquired stakes »
“It’s myopic in the extreme to think that no other competitors to Anthropic will develop similar capabilities to Mythos or even that they have not already done so,” says Tarah Wheeler, chief security officer of the specialized cybersecurity consulting firm TPO Group. “There are other companies hot on Anthropic’s heels who probably have the capabilities,… Read More: “Dangerous” AI models are coming no matter what »
A so-called software supply chain attack, in which hackers corrupt a legitimate piece of software to hide their own malicious code, was once a relatively rare event but one that haunted the cybersecurity world with its insidious threat of turning any innocent application into a dangerous foothold in a victim’s network. Now one group of… Read More: A hacker group is poisoning open source code at an… »
“These strategic quantum technology investments will build on our domestic industry, creating thousands of high-paying American jobs while advancing American quantum capabilities,” he added. The move is the latest in a series of attempts by the Trump administration to intervene in the market, offering grants to companies in strategic sectors, such as semiconductors and critical… Read More: US government takes $2 billion equity stake in nine quantum… »
The problem is that agencies often lack the staff and resources to do thorough reviews, which means the whole system is leaning on the claims of the cloud companies and the assessments of the third-party firms they pay to evaluate them. Under the current vision, critics say, FedRAMP has lost the plot. “FedRAMP’s job is… Read More: Federal cyber experts called Microsoft’s cloud a “pile of shit,”… »
Or Lenchner, the CEO of Bright Data, one of the world’s largest web-scraping firms, says that his company’s bots do not collect nonpublic information. Bright Data was previously sued by Meta and X for allegedly improperly scraping content from their platforms. (Meta later dropped its suit, and a federal judge in California dismissed the case… Read More: Increase of AI bots on the Internet sparks arms race »
In recent years, it has faced competition from cheaper Chinese rivals, including Picea, putting pressure on sales and forcing iRobot to reduce headcount. A management shake-up in early 2024 saw the departure of its co-founder as chief executive. Amazon proposed buying the company in 2023, seeing synergy with its Alexa-powered smart speakers and Ring doorbells.… Read More: Roomba maker iRobot swept into bankruptcy »
“We acknowledge the European Commission’s statement,” said Meta. “Personalized ads are vital for Europe’s economy.” The investigation took place under the EU’s landmark Digital Markets Act, which is designed to tackle the power of Big Tech giants and is among the bloc’s tech regulations that have drawn fierce pushback from the Trump administration. The announcement… Read More: Meta offers EU users ad-light option in push to end… »
“It was inevitable,” said Jake Ostrovskis, head of OTC trading at Wintermute, referring to the sell-off in digital asset treasury stocks. “It got to the point where there’s too many of them.” Several companies have begun selling their crypto stockpiles in an effort to fund share buybacks and shore up their stock prices, in effect… Read More: Crypto hoarders dump tokens as shares tumble »
“Our particular strengths as a country lie in areas like life sciences, financial services, the defense sector, and the creative sector. And where we will really lead the world is where we can use the power of AI in those sectors,” Kendall told the Financial Times. The plans came as part of a wider AI… Read More: UK government will buy tech to boost AI sector in… »