As AI companies race to improve the accuracy of Large Language Models and apps built on top of them, a startup that has emerged as a key partner in fulfilling that effort is announcing a significant round of funding to expand. Turing, which works with armies of engineers to contribute code to AI projects —…
Category: Global IT News
business, channel, Global IT News, Global Security News, services, Tech Companies
CyberArk Jailbreaks Claude 3.7, Shows AI Security Challenge
Researchers at security vendor CyberArk have utilized their open-source Fuzzy AI tool to jailbreak the latest model of Anthropic’s Claude, just weeks after successfully jailbreaking OpenAI’s o3 model. Eran Shimoy, CyberArk’s principal vulnerability researcher, shared key insights on what this means for partners and customers looking to securely integrate GenAI into their workloads. FuzzyAI jailbreaks…
Global IT News, Global Security News
With 75% of Australian businesses anticipating a cyber breach in 2025, organisations must prioritise ‘resilience strategies’ with a Zero Trust architecture
Survey reveals urgent need for prioritisation of network and security architecture transformation and adoption of a Zero Trust ‘Resilient by Design’ approach for cyber resilience strategies in the face of inevitable future attacks 75% of Australian organisations expect to experience a significant failure scenario in the next year. 97% of Australian IT leaders ‘believe’ their…
Global IT News, Global Security News
International Women’s Day 2025 – Beyond the March
GUEST EVENT : Celebrating Women in Innovation, Technology, and Leadership
AI, Global IT News, Global Security News
A year later, OpenAI still hasn’t released its voice cloning tool
Late last March, OpenAI announced a “small-scale preview” of an AI service, Voice Engine, that the company claimed could clone a person’s voice with just 15 seconds of speech. Roughly a year later, the tool remains in preview, and OpenAI has given no indication as to when it might launch — or whether it’ll launch…
AI, AI agents, Fundraising, Global IT News, Global Security News, monzy merza, Security, splunk
Crogl, armed with $30M, takes the wraps off a new AI ‘Iron Man suit’ for security analysts
AI agents are marching across the world of IT, and on Thursday a startup called Crogl is debuting its contribution to the field: an autonomous assistant for cybersecurity researchers to help them analyse thousands of daily network alerts to find and fix actual security incidents. The assistant — described by Crogl’s CEO and co-founder Monzy…
Global IT News, Global Security News
NEC Australia appoints Mike Sellars as Vice President – Chief Technology Office (CTO) to ‘lead technology strategy’
NEC Australia has appointed Mike Sellars as its new Vice President – Chief Technology Office (CTO).
Global IT News, Global Security News
NBN Co raises A$750 million in latest domestic Green Bond issuance
NBN Co’s latest Green Bond issuance in the domestic debt capital markets has successfully settled, raising A$750 million.
Global IT News, Global Security News
Rhonda Robati Accelerates Action Through Leadership
Rhonda Robati’s journey in ICT didn’t start in a boardroom. Although she didn’t have a degree, her drive and curiosity pushed her to learn, grow, and take every opportunity to advance.
Global IT News, Global Security News
Rapid7’s Chief Scientist Warns Australian Businesses to Prioritise their Ransomware Policies
Australian companies need to establish clear ransomware policies and improve their understanding of their attack surface to enhance their cyber security, says a visiting global expert.
Global IT News, Global Security News
Appian Unveils Latest Platform Release for Faster, More Powerful Data Fabric and AI Experience
Appian (NASDAQ: APPN) today announced the latest version of the Appian Platform, which delivers improved scalability, speed, and performance for enterprise applications. Appian 25.1 introduces more document processing capacity with AI skills, centralised dashboards for monitoring process KPIs, and the ability to sync 10 million rows per record type in your data fabric.
Apple, Cybersecurity, encryption, Global IT News, Global Security News, Government & Policy, Security
UK quietly scrubs encryption advice from government websites
The UK is no longer recommending the use of encryption for at-risk groups following its iCloud backdoor demands © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Global IT News, Global Security News, TC, Y Combinator
A quarter of startups in YC’s current cohort have codebases that are almost entirely AI-generated
With the release of new AI models that are better at coding, developers are increasingly using AI to generate code. One of the newest examples is the current batch of Y Combinator, the storied Silicon Valley startup accelerator. A quarter of the W25 startup batch have 95% of their codebases generated by AI, YC managing…
Climate, Exclusive, Fundraising, fusion power, Global IT News, Global Security News, Lowercarbon Capital, nuclear fusion, Renaissance Fusion
Renaissance Fusion raises €32M to radically simplify complex fusion reactors
The startup is betting that by simplifying stellarators, it can make fusion power cheaper and easier to maintain. © 2024 TechCrunch. All rights reserved. For personal use only.
defense tech, Exclusive, Fundraising, Global IT News, Global Security News, Startups
Alpine Eagle secures funding from European backers for counter-drone tech amid rising threats
The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: When now-ubiquitous $500 first-person…
Glenn Mathis, Global IT News, Global Security News, Integris, Katie Bavoso, Managed Services, MSP, MSP Platform, Partner POV, Partners, Private Equity, SMB, Video
Video: How Integris Built A National MSP Platform To Serve SMB Customers
What does it take to scale an MSP into a national platform while keeping a local touch? Integris President, COO, and Board Member Glenn Mathis shares how the company navigated rapid growth through private equity and acquisitions, and the evolving IT landscape to create an enterprise level MSP built to better serve the small to…
Bluesky, fediverse, Global IT News, Global Security News, Mastodon, Social
Tapbots teases a new Bluesky app, Phoenix, saying it can’t ‘survive on Mastodon alone’
There’s a new Bluesky app in the works from a popular developer of iOS applications. Tapbots, the company behind the popular Mastodon client Ivory, born out of its earlier efforts with Tweetbot (RIP), is readying a new app called Phoenix, designed for Bluesky’s growing social network of over 32 million users. In a post on…
Canoo, electric vehicles, EVs, Global IT News, Global Security News, Transportation
Canoo’s CEO is buying the bankrupt EV startup’s assets
The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt…
AGI, AI, ai safety, china, Global IT News, Global Security News, Government & Policy, openai
Eric Schmidt argues against a ‘Manhattan Project for AGI’
In a policy paper published Wednesday, former Google CEO Eric Schmidt, Scale AI CEO Alexandr Wang, and Center for AI Safety Director Dan Hendrycks said that the U.S. should not pursue a Manhattan Project-style push to develop AI systems with “superhuman” intelligence, also known as AGI. The paper, titled “Superintelligence Strategy,” asserts that an aggressive…
Global IT News, Global Security News
Building cyber resilience with Yubico and Microsoft
GUEST OPINION: Derek Hanson, Vice President of Standards and Alliances at Yubico : In today’s digital landscape, cyber threats are evolving at an unprecedented pace: every second, a phishing attack takes place. In fact, over 80% of these attacks are the result of stolen login credentials and almost 70% of phishing attacks relied on AI…
Ford, Global IT News, Global Security News, GM, Government & Policy, Stellantis, Tariffs, Transportation
Trump gives Big 3 automakers one month reprieve for Canada, Mexico tariffs
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — according to Politico. The reprieve comes less than two days after Trump issued 25% tariffs on all goods from the U.S.’s neighbors, which…
Global IT News, Global Security News
Renesas and Altium announce introduction of Renesas 365, powered by Altium: groundbreaking industry solution for software-defined products
New Industry Solution marks major milestone following Renesas’ acquisition of Altium, ushering in new era of Electronics System Development COMPANY NEWS: Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Altium, a global leader in electronics design software, proudly announce the introduction of Renesas 365, Powered by Altium, a first-of-its-kind industry solution designed…
AI, ai models, Anthropic, ChatGPT, deepseek, evergreens, Global IT News, Global Security News, google gemini, mistral, openai, xAI
The hottest AI models, what they do, and how to use them
Confused about which AI model to use? Check out this comprehensive list of the most advanced models out there. © 2024 TechCrunch. All rights reserved. For personal use only.
EVs, Exclusive, Global IT News, Global Security News, Rivian, TC, Transportation
Volkswagen’s cheapest EV ever is the first to use Rivian software
Volkswagen’s ultra-cheap EV called the ID EVERY1 — a small four-door hatchback revealed Wednesday — will be the first to roll out with software and architecture from Rivian, according to a source familiar with the new model. The EV is expected to go into production in 2027 with a starting price of 20,000 euros ($21,500).…
AI, Global IT News, Global Security News, gong, IPO, sales, Startups
Revenue prediction startup Gong surpasses $300M ARR, indicating potential IPO path
Gong, a startup that helps companies predict their revenue from potential sales, has surpassed $300 million in annualized recurring revenue, the company announced on Wednesday. Since its founding in 2016, Gong has used AI to analyze customer interactions. The addition of generative AI capabilities in recent years has helped to fuel the company’s growth. “We’re…
Global IT News, Global Security News
Hard Drives: The Silent Workhorse Behind AI Advancement
GUEST OPINION Jeff Park, Seagate ANZ Country Manager: Much has been written about the rise of generative AI (GenAI) applications and their role in driving an unprecedented surge in data creation. What’s less discussed is that unlike conventional AI, GenAI not only consumes data but also generates it – producing everything from richer multimedia content…
AI, Amazon, Artificial Intelligence (AI), Global IT News, Global Security News, Media & Entertainment, prime video
Prime Video tests AI dubbing for select movies and TV series
Prime Video is now experimenting with AI-assisted dubbing for select licensed movies and TV shows, as announced by the Amazon-owned streaming service on Wednesday. According to Prime Video, this new test will feature AI-assisted dubbing services in English and Latin American Spanish, combining AI with human localization professionals to “ensure quality control,” the company explained. …
Cybersecurity, Global IT News, Global Security News, NSO Group, privacy, Security, spain, Spyware, surveillance
Catalan court says NSO Group executives can be charged in spyware investigation
The ruling said that a lower court can charge two NSO Group co-founders and a former executive of two affiliate companies for the alleged hacking of a lawyer. © 2024 TechCrunch. All rights reserved. For personal use only.
agents, AI, Global IT News, Global Security News, In Brief, openai
OpenAI reportedly plans to charge up to $20,000 a month for specialized AI ‘agents’
OpenAI may be planning to charge up to $20,000 per month for specialized AI “agents,” according to The Information. The publication reports that OpenAI intends to launch several “agent” products tailored for different applications, including sorting and ranking sales leads and software engineering. One, a “high-income knowledge worker” agent, will reportedly be priced at $2,000…
AI, Biotech & Health, Exclusive, Global IT News, Global Security News, Healthcare, Startups
Not all cancer patients need chemo. Ataraxis AI raised $20M to fix that.
Ataraxis AI has raised a $20.4 million Series A to make cancer treatment more personalized. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Channel Insider, Global IT News, Global Security News, ISV, Katie Bavoso, Partner POV, Search, semantic search, Sponsored, Video, Weaviate
Video: How Weaviate Is Revolutionizing Search With AI
Traditional keyword searches can often fall short of finding exactly what you’re looking for, but Weaviate’s AI-powered semantic search enables faster, more accurate results—unlocking new insights from your data. In this episode of Partner POV, host Katie Bavoso sits down with Byron Voorbach, Field CTO of Weaviate, to explore how their open-source AI-native vector database…
AI, app store, Apple, Apps, Artificial Intelligence, Global IT News, Global Security News
Apple adds AI-powered app review summaries with iOS 18.4
As part of the iOS 18.4 software update, currently in public beta, Apple is introducing AI-powered summaries of App Store reviews. The new feature will leverage Apple Intelligence, the company’s built-in AI technology, to offer an overall summary based on the reviews others have left on the App Store. The review summaries will be generated…
AI, Global IT News, Global Security News, gpt-4.5, openai
OpenAI’s GPT-4.5 AI model comes to more ChatGPT users
OpenAI has begun rolling out its newest AI model, GPT-4.5, to users on its ChatGPT Plus tier. In a series of posts on X, OpenAI said that the rollout will take “1-3 days,” and that it expects rate limits to change. GPT-4.5 launched first for subscribers to OpenAI’s $200-a-month ChatGPT Pro plan last week. “We’d…
Global IT News, Global Security News
Ericsson partners with One New Zealand on five-year core modernisation
Telecoms equipment vendor Ericsson and Kiwi mobile operator One New Zealand have inked a five-year agreement to modernise the telco’s core network so it can deploy advanced 5G capabilities.
Cybersecurity, Global IT News, Global Security News, national security, National Security Agency, Security, Trump Administration, us government
Former NSA official says federal worker cuts will have ‘devastating impact’ on cyber and national security
Former top U.S. cybersecurity official Rob Joyce told lawmakers on Wednesday that cuts to federal probationary employees will have a “devastating impact” on U.S. national security. Joyce, who was the director of cybersecurity for the National Security Agency until retiring in 2024, was providing testimony to the U.S. House Committee on the Chinese Communist Party,…
Fintech, Global IT News, Global Security News, Ryan Breslow, Startups
Ryan Breslow is back as CEO of fintech Bolt, after years of controversy
Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to investors in which Breslow wrote that “following a challenging few years,” he had been reinstated as Bolt’s CEO with “unanimous approval” of the board of the one-click checkout company. Justin…
Global IT News, Global Security News
Málaga University, Vodafone, Intel development to double 5G uplink speeds
Vodafone, TELMA (Telecommunication Research Institute of University of Málaga), and Intel, claim to have developed a new algorithm that can double 5G uplink speeds and boost capacity.
AI, Global IT News, Global Security News, IPO, nvidia
Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific cloud service from its network of 32 data centers that together have more than 250,000 Nvidia GPUs as of the end of 2024, according to the company. Since then, it has also added a number of…
AI, Artificial Intelligence, Enterprise, Exclusive, Fundraising, Global IT News, Global Security News, Gradient Ventures, Startups
Anna Patterson’s Ceramic.ai looks to help enterprises build AI models faster and more efficiently
Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. She was the vice president of engineering at Google, and later on started Gradient Ventures, an AI-focused seed fund. And she isn’t done building. Patterson…
AI, Apps, Artificial Intelligence, Global IT News, Global Security News, Google, Google Search, openai, Perplexity AI
Google Search’s new ‘AI Mode’ lets users ask complex, multi-part questions
Google is launching a new “AI Mode” experimental feature in Search that looks to take on popular services like Perplexity AI and OpenAI’s ChatGPT Search. The tech giant announced on Wednesday that the new mode is designed to allow users to ask complex, multi-part questions and follow-ups to dig deeper on a topic directly within…
Global IT News, Global Security News, hyundai, Motional, robotaxi, Transportation
Hyundai pairs up with Yandex spinoff Avride to develop robotaxis
Hyundai Motor Company and Avride have agreed to jointly develop autonomous vehicles in a tie up that will deepen the relationship between the two companies. The deal will focus on autonomous vehicle technology designed for robotaxis. The two companies will also look into other use cases for the technology, including autonomous delivery services using Avride’s…
china, Cybersecurity, Global IT News, Global Security News, hacking, Security, silk typhoon, us government
Justice Department charges Chinese hackers-for-hire linked to Treasury breach
The individuals are accused of hacking over 100 U.S. organizations over the course of a decade © 2024 TechCrunch. All rights reserved. For personal use only.
Global IT News, Global Security News
AI-powered Attacks Surge, but Cyber Defenders Adapt with Advanced Tools
AI continues to be a force multiplier for good, aiding cybersecurity protections, while also enabling bad actors to harness the technology in their attack vectors.
AI, Anthropic, Global IT News, Global Security News, Government & Policy
Anthropic quietly removes Biden-era AI policy commitments from its website
Anthropic has quietly removed from its website several voluntary commitments the company made in conjunction with the Biden Administration in 2023 to promote safe and “trustworthy” AI. The commitments, which included pledges to share information on managing AI risks across industry and government and research on AI bias and discrimination, were deleted from Anthropic’s transparency…
Exclusive, Fintech, Flex, Fundraising, Global IT News, Global Security News, Titanium Ventures
Flex, a Brex for business owners, has raised $25M at a $250M valuation
Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of “just under $250 million.” The company last raised a $20 million Series A announced in September…
Global IT News, Global Security News, Google, Internet, Meta, rot economy, Startups, Venture
Growth at all costs is destroying the internet. PR maven Ed Zitron says that’s an opportunity for startups
If you spend any amount of time online, you probably noticed that your user experience keeps getting worse. Websites are waterlogged with autoplay ads, pop-ups, and tracking scripts. Customer service chatbots are useless, despite the promises of generative AI. Social media algorithms boost rage-bait to keep you scrolling and engaged. Dating apps hide all the…
AI, Global IT News, Global Security News, reinforcement learning, Richard Sutton, turing award
AI pioneers scoop Turing Award for reinforcement learning work
Two trailblazing computer scientists have won the 2024 Turing Award for their work in reinforcement learning, a discipline in which machines learn through a reward-based trial-and-error approach that lets them adapt within constrained or dynamic environments. Andrew G. Barto, a professor emeritus at the University of Massachusetts Amherst; and Richard S. Sutton, a professor at…
Global IT News, Global Security News, Media & Entertainment, streaming, YouTube
YouTube launches a $7.99 per month, ad-free Premium Lite subscription
YouTube on Wednesday announced a new premium subscription tier called Premium Lite, which will users to watch “most” videos ad-free for $7.99 per month. With YouTube Lite, customers will be able to watch videos across verticals like gaming, fashion, beauty, cooking, news, and more, ad-free, but will be shown ads on music content and music…
AI, E-Commerce, generative ai, Global IT News, Global Security News, Google
Google’s Shopping tab has a new AI tool that takes your fashion idea and suggests similar clothing
On Wednesday, Google announced the launch of a new AI image feature for its Shopping tab, designed to help users find clothing items they envision by allowing them to search using their own words. The company is also expanding its AR beauty and virtual try-on tools. The new feature, “Vision Match,” is now available in…
AI, Global IT News, Global Security News, Startups, TC, TC Sessions: AI, TechCrunch Sessions: AI
Apply to speak at TechCrunch Sessions: AI before time runs out
Are you a leader in the AI space? Make your voice heard as a TechCrunch Sessions: AI speaker. At TechCrunch Sessions: AI, you can help shape what’s next in the AI industry — and share your expertise with 1,200 AI founders, investors, and industry pioneers. Help drive the next wave of innovation on June 5…
Apple, Gadgets, Global IT News, Global Security News, Hardware, Mac Studio
Apple updates the Mac Studio with M4 Max and M3 Ultra options
In addition to a new M4-powered MacBook Air, Apple on Wednesday also launched a new Mac Studio, its desktop computer for professionals who need top-of-the-line performance. The company is trying something new with the Mac Studio as it lets you choose between the M4 Max or the M3 Ultra. The Mac Studio starts at $1,999.…
Global IT News, Global Security News
Wavelink signs distribution agreement with N-able, strengthening data protection and security offerings in Australia and New Zealand
COMPANY NEWS: Wavelink, an Infinigate Group company and Australian and New Zealand (ANZ) leader in technology distribution, channel services, and business development, has signed a distribution agreement with N-able, a global leader in comprehensive, scalable IT service management solutions.
Global IT News, Global Security News
Western Australia Police Force ‘bolsters officer and community safety’ with New Number Plate Recognition capabilities
Motorola Solutions’ PSCore mobile app expanded to help identify vehicles of interest Western Australia Police Force is conducting faster and better-informed investigations and road policing throughout the state through the addition of automatic number plate recognition (ANPR) capability within Motorola Solutions’ PSCore mobile application.
Global IT News, Global Security News
Honeywell Study Reveals More Than 80% of Commercial Building Managers Plan to Increase the Use of AI to Optimise Operations
GUEST RESEARCH: Building managers are reporting the use of AI to help them enhance operational efficiencies with streamlined maintenance, upgraded security and optimised energy usage
Apple, Gadgets, Global IT News, Global Security News, macbook, macbook air
Apple launches new MacBook Air with M4 chip
Apple has introduced a new MacBook Air on its website, offering improved performance while retaining the familiar design. The new laptop is equipped with Apple’s M4 chip, the most recent addition to the M-series chip lineup. The MacBook Air comes in two sizes. Customers can choose between a 13-inch and a 15-inch display. Pricing starts…
Global IT News, Global Security News
Netflix’s Zero Day is a Half-Truth About Cyber Warfare
GUEST OPINION: Netflix’s Zero Day delivers a gripping cyber thriller, dramatising a large-scale attack on U.S. critical infrastructure. It’s suspenseful, and packed with high-level political intrigue, but like any Hollywood production, it bends the truth to fit the narrative. Robert De Niro’s character, former President Mullen, makes a statement early in the pilot that feels…
AI, AI agents, Global IT News, Global Security News, TC
GibberLink lets AI agents call each other in robo-language
A weekend hackathon project that lets AI agents talk on the phone with each other in a robotic language, one that’s incomprehensible to humans, has gone viral on social media over the past week. The project, called GibberLink, was created by two Meta software engineers during a hackathon competition in London, hosted by ElevenLabs and…
Cybersecurity, Global IT News, Global Security News, intelligence, Security, Ukraine, us government
CIA director says US has paused sharing intelligence with Ukraine
The confirmation of the pause on intelligence sharing follows a heated exchange between the U.S. and Ukrainian presidents © 2024 TechCrunch. All rights reserved. For personal use only.
Global IT News, Global Security News
How finance teams can catch fraud early and increase audit efficiency
Fraud is a major challenge for finance teams, with the Association of Certified Fraud Examiners (ACFE) reporting that businesses lose around five per cent of their annual revenue to fraud.[1]
Global IT News, Global Security News
D2L Recognised as one of the Leaders in Education Technology
G2 and Tech & Learning award D2L for commitment to innovation
Global IT News, Global Security News
Getac’s next-generation B360 and B360 Pro combine powerful AI-ready technology with fully rugged reliability for exceptional versatility and performance
COMPANY NEWS: Both laptops also offer an extensive range of industry-specific configurations and customisation flexibility*, meaning customers can tailor devices to their exact needs.
Global IT News, Global Security News
Why transparency is vital with AI in HR, according to OneAdvanced executive
Validating the time that an employee has worked has been around a very long time. Who could forget 1960s cartoon character Fred Flintstone punching his concrete tablet in and out at the Bedrock quarry?
AI, Global IT News, Global Security News, Research, science
Experts don’t think AI is ready to be a ‘co-scientist’
Last month, Google announced the “AI co-scientist,” an AI the company said was designed to aid scientists in creating hypotheses and research plans. Google pitched it as a way to uncover new knowledge, but experts think it — and tools like it — fall well short of PR promises. “This preliminary tool, while interesting, doesn’t…
Global IT News, Global Security News
South Australia’s Southern Cyber Strengthens Security with a Check Point Software Prevention-First Strategy
Check Point Software Technologies Ltd (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that Adelaide-based Southern Cyber, a leading provider of cyber security solutions, has reinforced its commitment to delivering world-class cyber security by implementing a prevention-first strategy.
Global IT News, Global Security News
CommBank attributes AI to 30% reduction in customer fraud
The Commonwealth Bank says using Artificial Intelligence to help protect its customers has reduced fraud by 30% and seen a 50% reduction in scam losses.
business, channel, Global IT News, Global Security News, News and Trends, services
Becoming a Mavvrik: How One Company is Rethinking Tech Spend
A maverick is an unorthodox individual. One who does not tread the same path others have laid for them. A maverick blazes their own trail, brings independent thinking, and isn’t afraid to stand separate from the crowd. That’s the new persona that the unified financial control platform for modern IT, Mavvrik, wants to embody. Formerly…
business, channel, Global IT News, Global Security News, News and Trends, services
DigitalEx Rebrands as Mavvrik While Adding $6.3M in Funding
Mavvrik, a unified platform for IT financial control, has announced its rebranding from DigitalEx and attained a $6.2 million seed funding round to boost its go-to-market expansion and product innovation. This will help enterprises gain complete financial control of their IT infrastructure. Mavvrik launches new brand with additional funding and leadership appointments S3 Ventures and…
AI, Global IT News, Global Security News, Government & Policy
U.K.’s competition authority says Microsoft’s OpenAI partnership doesn’t quality for investigation
Britain’s competition authority, the Competition and Markets Authority (CMA), said Wednesday that Microsoft’s partnership with OpenAI doesn’t qualify for investigation under the merger provisions of the U.K.’s Enterprise Act 2002, the country’s anticompetitive practices law. “Overall, taking into account all of the available evidence […] the CMA does not believe that Microsoft currently controls OpenAI’s…
Global IT News, Global Security News
Why a Value-Driven Approach Makes Women Strong Leaders
In business, the path to value creation requires more than strategic planning and execution – it demands an ability to connect the dots, anticipate needs, and understand the human elements that drive progress. Women often demonstrate these capabilities through their natural inclination to consider multiple perspectives and implications before making decisions. This approach, which emphasises…
Global IT News, Global Security News
Bitdefender joins the AWS ISV Accelerate Program
Cybersecurity company Bitdefender has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program.
Global IT News, Global Security News, kevin rose, Reddit, Social
Kevin Rose, Alexis Ohanian acquire Digg
Here’s a blast from the past: Digg, one of the web’s early news aggregators, is now back under the ownership of its original founder Kevin Rose. Notably, he’s being joined as co-owner by Reddit co-founder Alexis Ohanian (both pictured above). Digg and Reddit were once fierce rivals in the online social news aggregation space, launching…
AI, Global IT News, Global Security News, Malaysia, semiconductor chips, Softbank
ARM to sign $250M chip deal with Malaysia
The SoftBank-backed chipmaker has signed an agreement with the Malaysian government to bolster the country’s chip design ecosystem. © 2024 TechCrunch. All rights reserved. For personal use only.
Global IT News, Global Security News, Government & Policy, In Brief, privacy, Security
Apple is challenging U.K.’s iCloud encryption backdoor order
Apple is challenging a U.K. Government data access order in the Investigatory Powers Tribunal (IPT), the Financial Times reports. The order targeted iCloud backups that are protected by end-to-end encryption. Last month, press leaks revealed the existence of the January order asking Apple to build a backdoor in iCloud’s encrypted backups. U.K. officials are exercising…
Enterprise, Fundraising, Global IT News, Global Security News, hrtech, Human Resources, KKR, Partners Group
Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling
Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is being co-led by KKR and Partners Group, and is a mix of primary and secondary…
Biotech & Health, Climate, epoch biodesign, Exclusive, Global IT News, Global Security News, plastic recycling, Startups
From high school science project to $18.3M: AI-accelerated enzymes are coming for fast fashion’s plastic waste
A U.K. startup, originating from founder Jacob Nathan’s high school science project on using enzymes to break down plastic waste, has secured an oversubscribed $18.3 million in Series A funding. Founded in 2019 in London, Epoch Biodesign now a 30+ strong multidisciplinary team of chemists, biologists and software engineers. It will be using the new…
AI, Global IT News, Global Security News, Mergers and Acquisitions, Weights & Biases
CoreWeave acquires AI developer platform Weights & Biases
Nvidia-backed data center company CoreWeave has acquired AI developer platform Weights & Biases for an undisclosed sum. According to The Information, CoreWeave spent $1.7 billion on the transaction. Weights & Biases was valued at $1.25 billion in 2023, and it recently filed for an IPO. Lukas Biewald, Chris Van Pelt, and Shawn Lewis founded Weights & Biases…
AI, data centers, Fundraising, Global IT News, Global Security News, Hardware
CoreWeave partner EcoDataCenter racks up half a billion dollars to build more sustainable buildings for AI
EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars — $478 million (€450 million) to be exact — in anticipation of more demand. The equity funding, which is coming from a group of unnamed institutional investors, will be…
AI, facial recognition, Global IT News, Global Security News, Meta, Social
Meta brings its anti-fraud facial recognition test to the UK after getting a thumbs up from regulators
Last October, Meta dipped its toe into the world of facial recognition — an area where it has had a tricky record — with an international test of two new tools: one to stop scams based on likenesses of famous people, and a second facial recognition feature to help people get back into compromised Facebook…
defense tech, Epirus, Fundraising, Global IT News, Global Security News, Joe Lonsdale, Startups
Defense tech startup Epirus raises $250M Series D to counter drone swarms
Defense tech startup Epirus has raised a $250m Series D to expand its counter-drone solutions. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Enterprise, Fundraising, Global IT News, Global Security News, Ontario Teachers’ Pension Plan Board, quantexa, tvg
Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI
London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations…
AI, copyright, Global IT News, Global Security News, lawsuit
Key ex-OpenAI researcher subpoenaed in AI copyright case
Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S. District Court in the Northern District of California, indicated that Radford was served…
AI, Global IT News, Global Security News, In Brief, openai, TC
Judge rejects Musk’s attempt to block OpenAI’s for-profit transition
A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. However, Rogers said the court is prepared to hold an…
Climate, Fintech, fraud, Global IT News, Global Security News, Startups
Aspiration co-founder and board member defrauded investors of $145M, prosecutors say
The fintech startup has been under federal scrutiny for years for questionable financial and carbon accounting practices. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, AI agents, Amazon, AWS, Global IT News, Global Security News, In Brief
Amazon reportedly forms a new agentic AI group
Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS…
Global IT News, Global Security News, Social, social media, social networking, Twitter, X
X updates Communities with new filters, sorting options, and a way to see your own posts
X is bringing more attention to Communities, a feature that allows X users to connect and engage in discussions around a given topic, similar to how it’s done on Reddit. Today, tabs to access popular Communities are pinned to the top of the app’s homepage alongside your For You feed and other Lists. Now, you’ll…
Africa, Global IT News, Global Security News, investments, LoftyInc Capital, Venture
African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close
One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which…
Apps, Global IT News, Global Security News, pie, Social
Andy Dunn’s new app Pie uses AI to help you make friends
“We’re a long way from pants,” Andy Dunn, founder of online fashion retailer Bonobos, told TechCrunch. Now, the former CEO is taking on a completely different challenge: He wants to help people make friends. Dunn’s newest venture, Pie, is a social app focused on bringing people together in real life. With an $11.5 million Series…
Global IT News, Global Security News
Boost Mobile deploys Nokia cloud-native 5G Voice Core on public cloud
US mobile operator Boost Mobile has deployed Nokia’s cloud-native 5G voice core on the public cloud in what the telco claims is a world first.
foundation capital, Fundraising, Global IT News, Global Security News, Solana, Venture
Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund
Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million…
AI, ChatGPT, Enterprise, Global IT News, Global Security News, Klarna, openai, Salesforce, TC
Klarna CEO doubts that other companies will replace Salesforce with AI
The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system. But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I…
AI, Amazon, Global IT News, Global Security News, Nova
Amazon is reportedly developing its own AI ‘reasoning’ model
Amazon reportedly wants to get in on the AI “reasoning” model game. According to Business Insider, Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese AI lab DeepSeek’s R1. The model may launch as soon as June under Amazon’s Nova brand, which the company introduced…
AI, Global IT News, Global Security News, Google, google gemini, Government & Policy
Google still limits how Gemini answers political questions
While several of Google’s rivals, including OpenAI, have tweaked their AI chatbots to discuss politically sensitive subjects in recent months, Google appears to be embracing a more conservative approach. When asked to answer certain political questions, Google’s AI-powered chatbot, Gemini, often says it “can’t help with responses on elections and political figures right now,” TechCrunch’s…
Bitcoin, Crypto, CryptoCurrency, ethereum, fbi, Global IT News, Global Security News, Hackers, North Korea, Security
Hackers launder most of Bybit’s stolen crypto worth $1.4 billion
Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, AI agents, Global IT News, Global Security News, mwc, openai
OpenAI chairman Bret Taylor lays out the bull case for AI agents
We still didn’t get a straight up definition of exactly what an AI agent is during Bret Taylor’s Mobile World Congress fireside chat in Barcelona on Tuesday. The Sierra founder and OpenAI board chair preferred to side-step CNN moderator Anna Stewart’s question asking how “agentic AI” is “any different to a GenAI chatbot” by suggesting…
Android, Apps, Global IT News, Global Security News, Google, Google Pixel, Scam detection
Google’s March Pixel Drop has AI-powered scam detection and live location sharing with friends
Google announced new software updates for the Pixel phones as part of its so-called Pixel Drop program for March. Pixel Watches and all Android devices are also receiving some new features. The most notable parts of the update include using AI to detect scams in messages and calls, better categorization in the screenshot app, menstrual…
Automattic, Enterprise, Global IT News, Global Security News, open source, wordpress
Automattic CEO Matt Mullenweg talks succession — ‘I don’t want to pass it to a committee’
Calls for WordPress co-founder and Automattic CEO Matt Mullenweg to step down from his leadership role have increased in recent months amid his controversial fight and legal battle with hosting company WP Engine. Mullenweg not only intends to stay, he’s also thinking about how he plans to manage succession planning. He doesn’t want to pass…
AI, Global IT News, Global Security News, Open AI
Cohere claims its new Aya Vision AI model is best-in-class
Cohere for AI, AI startup Cohere’s nonprofit research lab, this week released a multimodal “open” AI model, Aya Vision, the lab claimed is best-in-class. Aya Vision can perform tasks like writing image captions, answering questions about photos, translating text, and generating summaries in 23 major languages. Cohere, which is also making Aya Vision available for…
Climate, Global IT News, Global Security News, inflation reduction act, solar installation, Solar Power
Solar installer Sunnova races to raise cash as it issues ‘going concern’ warning
The entire solar industry has been bracing for a rough road ahead. © 2024 TechCrunch. All rights reserved. For personal use only.
Global IT News, Global Security News
‘Step Outside the Box’ and take more Ambitious Strides in increasing representation in the Security Industry.
“This year’s theme for International Women’s Day – Accelerate Action – places a significant task upon our shoulders. At the current rate of progress, it is estimated that it won’t be until 2158 that we achieve full gender parity, which is about five generations from now, according to data from the World Economic Forum.”
Global IT News, Global Security News
Technology feeds curiosity – and it needs inquisitive women
Believe it or not, I knew exactly what I wanted to do when I was in high school. That’s not all that common in a world of ever-changing, endless possibilities. But I knew I wanted to work in technology.