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Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn valuation as demand for tools that secure AI surges. The raise pushes Obsidian into unicorn territory and reflects a simple dynamic. Every new way […]

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Someone posted 55 vulnerabilities in days. 54 were AI-invented. One still scored a perfect 10.

The software industry runs on a shared list of known bugs. Someone is now seeding that list with breakage that no one ever found. Security firm JFrog found six critical SQLite flaws that were pure fiction, it reported. The advisories claimed severe memory bugs with scores up to 9.8. But the functions they blamed did […]

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Someone posted 55 vulnerabilities in days. 54 were AI-invented. One still scored a perfect 10. Read More »

OpenAI flew influencers to a nature resort to fix its image. The internet called it greenwashing.

OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and called it greenwashing. The event, branded “Summer Camp,” ran at Wildflower Farms, a resort in New York’s […]

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PwC is hiring fewer consultants and accountants. Its CEO is still sending his kids into consulting.

The Big Four built its fortune on armies of junior consultants and accountants. PwC has started hiring fewer of them. Its US boss says that is the future, and he is comfortable with it. Paul Griggs, PwC’s US senior partner and chief executive, told Business Insider the firm hired fewer consultants and accountants this year […]

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PwC is hiring fewer consultants and accountants. Its CEO is still sending his kids into consulting. Read More »

Congress hasn’t written AI’s rules yet. It already spends nine of every ten AI dollars with OpenAI.

Before Congress writes a single rule for artificial intelligence, it has already picked a supplier. In the year to the end of March, House offices spent nine of every ten visible AI dollars on one product: OpenAI’s ChatGPT. The figures come from a CNBC analysis of House disbursement records. Of $113,740 spent on named AI […]

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Congress hasn’t written AI’s rules yet. It already spends nine of every ten AI dollars with OpenAI. Read More »

The one-directional radicalism of Alex Karp: Palantir’s Marxism problem is Palantir

Inside an American government data centre, a system called ImmigrationOS is assembling a stranger’s life. It reaches for a passport record, then a Social Security file, then a year of tax returns, then a licence-plate read captured by a motorway camera, and it stitches them into a single profile that tells an enforcement officer whom […]

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Huawei scientist says Nvidia will soon hit the same chip wall

One of the Chinese company’s top scientists has warned that Nvidia will soon run into the same physical limit on chip performance that Huawei says is reshaping the whole industry, according to Bloomberg. The argument is less a boast than a bet on where the technology is heading. If every chipmaker is nearing a hard […]

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A DeepMind exec finally said what the trillion-dollar AI spend is for: machines that improve themselves.

Everyone has been asking what the trillion-dollar AI buildout is actually for. A senior Google DeepMind executive has now given an unusually blunt answer. The spending, he says, is a bet on machines that improve themselves. Jasjeet Sekhon, DeepMind’s chief strategy officer, made the case at a summit at UC Berkeley. Recursive self-improvement, or RSI, […]

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A DeepMind exec finally said what the trillion-dollar AI spend is for: machines that improve themselves. Read More »

Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money.

The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between labs that have offered them almost everything money can buy. The trigger was a single line in an Axios report on the talent wars. A […]

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Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money. Read More »

Space-Eyes, backed by Eric Trump, plans a $638m SPAC debut

Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties. A defence-technology company backed by Eric Trump is preparing to go public through a $638 million SPAC merger, deepening the Trump family’s already extensive ties to the national-security industry. Space-Eyes, a […]

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