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IBM debuts power-efficient NorthPole machine learning processor

Maria Deutscher — Fri, 20 Oct 2023 21:32:55 +0000

IBM Corp. today detailed NorthPole, an internally designed artificial intelligence chip that it says is significantly more power-efficient than competing processors. NorthPole was developed over the course of eight years by staffers at the company’s research lab in Almaden, California. The chip builds on an earlier IBM research project that produced an AI-optimized processor called […]

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AI has a global warming problem, a VC’s manifesto misses the mark — and don’t miss Supercloud 4

Robert Hof — Fri, 20 Oct 2023 21:21:11 +0000

Generative artificial intelligence may be the next big thing, but it’s also the next big energy hog — and that’s a problem for all those data centers training and running AI models: It’s not clear how they’re going to withstand all the heat produced by increasingly large and power-hungry chips. That’s one trend we uncovered […]

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Chinese AI startup Zhipu raises $300M in funding

Maria Deutscher — Fri, 20 Oct 2023 19:51:47 +0000

Chinese artificial intelligence developer Zhipu has raised more than 2.5 billion yuan, or $342 million, from investors since the start of the year. The company announced the fundraising milestone today. Alibaba Group Holding Ltd. and Tencent Holdings Ltd., China’s two largest tech firms, participated in the round. They were joined by handset maker Xiaomi Corp., […]

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Nvidia develops AI system for programming robots

Maria Deutscher — Fri, 20 Oct 2023 17:46:27 +0000

Nvidia Corp. today detailed Eureka, an artificial intelligence system that can automatically train robots to perform new tasks. In an internal evaluation, the chipmaker used Eureka to teach 10 simulated robots 29 different actions. Engineers often create simulated versions of their machines before building them to support development work. Eureka taught Nvidia’s virtual robots to […]

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SEC drops lawsuit against Ripple CEO Brad Garlinghouse and Chairman Chris Larsen

Kyt Dotson — Fri, 20 Oct 2023 15:15:18 +0000

The U.S. Securities and Exchange Commission has dismissed all charges against Ripple Labs Inc. Chief Executive Brad Garlinghouse and Executive Chairman Chris Larsen claiming the pair aided and abetted the company in violating U.S. securities laws. The SEC filed its dismissal in an Oct. 19 document with the U.S. District Court of New York, in […]

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FBI takes down 17 websites used in massive North Korean hiring scheme

David Strom — Fri, 20 Oct 2023 15:02:01 +0000

The Federal Bureau of Investigation has seized 17 websites that it claims were used to recruit and hire thousands of phony information technology workers from North Korea. The seizure, announced Wednesday, is part of a continuing effort to grab monies collected by the phony hires in a massive fraud effort to evade U.S. sanctions and […]

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Meta’s Habitat 3.0 simulates real-world environments for intelligent AI robot training

Mike Wheatley — Fri, 20 Oct 2023 13:00:45 +0000

Researchers from Meta Platforms Inc.’s Fundamental Artificial Intelligence Research team said today they’re releasing a more advanced version of the AI simulation environment Habitat, which is used to teach robots how to interact with the physical world. Along with the launch of Habitat 3.0, the company announced the release of the Habitat Synthetic Scenes Dataset, […]

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Product and support customer relationship management startup DevRev debuts customizable AI models

Mike Wheatley — Fri, 20 Oct 2023 01:01:31 +0000

The developer-focused customer relationship management startup DevRev Inc. today announced the availability of what it calls “customizable large language models” along with in-browser analytics aimed at making generative artificial intelligence more actionable and affordable to enterprises. DevRev was established by Nutanix Inc.’s co-founder and former Chief Executive Dheeraj Pandey and co-founder Manoj Agarwal. The startup […]

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OpenAI integrates its latest image generator DALL-E 3 into ChatGPT app

Mike Wheatley — Fri, 20 Oct 2023 00:09:46 +0000

OpenAI LP said today its latest artificial intelligence text-to-image generator, DALL-E 3, is now available to ChatGPT Plus and Enterprise users through a direct integration with the ChatGPT application, while saying it has implemented various safety measures to mitigate against its generating harmful imagery. DALL-E 3 was unveiled by the company last month, when it […]

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Human error cited as key cause of data breach at Japanese electronics company Casio

Duncan Riley — Thu, 19 Oct 2023 23:53:07 +0000

Japanese electronic company Casio Computer Co. Ltd. has suffered a data breach, and the company warned that data from customers in Japan and internationally has been stolen. According to Casio’s breach notice Wednesday, which also included an apology, the data breach involved an external party gaining unauthorized access to the server for the company’s education […]

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Nvidia’s DGX Cloud supercomputer for generative AI launches on Oracle Cloud

Mike Wheatley — Thu, 19 Oct 2023 23:30:40 +0000

Nvidia Corp. says the most advanced version of its artificial intelligence supercomputing platform, Nvidia DGX CLoud , is available now in the Oracle Cloud Marketplace alongside its Nvidia AI Enterprise software suite. The launch of Nvidia DGX Cloud on Oracle Corp.’s cloud infrastructure provides customers with a way to access its most powerful graphics processing units […]

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Law enforcement takes aim at Ragnar Locker’s stolen data leak sites

Duncan Riley — Thu, 19 Oct 2023 23:19:32 +0000

An international law enforcement operation involving the U.S. Federal Bureau of Investigation, the European Union Agency for Law Enforcement Cooperation and various national police forces has seized data leak sites belonging to the Ragnar Locker ransomware gang. As first reported today by Bleeping Computer, visits to Ragnar Locker’s main dark web leak site now shows a message […]

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KeePass users targeted: Attackers leverage Google Ads for deceptive campaign

Duncan Riley — Thu, 19 Oct 2023 22:45:07 +0000

A new report from cybersecurity software firm Malwarebytes Inc. today details a “malvertising” attack that exploits Google LLC ads to trick users into visiting a fake site for the open-source password management KeePass. Described by the Malwarebytes Labs researchers as “clever,” the attack methodology involves the attackers impersonating the official KeePass website using the Punycode character encoding system […]

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SAP tops third-quarter expectations thanks to cloud growth

Maria Deutscher — Thu, 19 Oct 2023 21:24:23 +0000

SAP SE delivered strong financial performance in the third quarter thanks to continued demand for its cloud applications. The German software maker posted earnings for the three months ended Sept. 30 late Wednesday. In conjunction, SAP reaffirmed the full-year growth guidance that it issued earlier this year. The company estimates that its annual cloud revenue […]

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A new hackathon is helping to make elections more secure

David Strom — Thu, 19 Oct 2023 20:42:45 +0000

Most hackathons don’t take five years to schedule, but this one was for a good cause and worth the wait. Last month a group of hackers and vendors came together in a suburban Virginia office to try to improve the operations of various election computing devices. It comes at a moment in time when trust […]

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Today’s evolved threats demand practical cyber resilience

Victor Dabrinze — Thu, 19 Oct 2023 20:00:20 +0000

Wherever cyberattacks loom like an ever-present threat, achieving data resilience has become crucial for modern enterprises. It’s important for organizations to prioritize and understand the significance of data resilience, according to Del Hoobler (pictured), principal storage software advanced technology specialist at IBM Corp. “It’s different nowadays — there’s a serious threat against us,” Hoobler said. […]

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New York sues the developers of the Gemini Earn crypto lending service

Maria Deutscher — Thu, 19 Oct 2023 19:54:18 +0000

New York Attorney General Letitia James today sued the three companies behind Gemini Earn for allegedly defrauding investors. The companies in question are Gemini Trust Company LLC, Genesis Global Capital LLC and the latter firm’s parent organization, DCG Inc. Former Gemini Chief Executive Soichiro Moro and current DCG head Barry Silbert are also named as […]

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The high cost of cyber vulnerability

Chad Wilson — Thu, 19 Oct 2023 18:30:50 +0000

Companies are constantly under siege from relentless cyber threats in today’s digital landscape. Fortifying defenses and bolstering resilience against malicious actors has never been more critical. Welcome to a world where data breaches can cost organizations millions and where cyberattacks can cripple even the most formidable giants of industry. Companies can’t afford to overlook the […]

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Universal Music Group sues AI startup Anthropic over song lyric copyright infringement

Kyt Dotson — Thu, 19 Oct 2023 18:15:13 +0000

Universal Music Group filed a copyright infringement lawsuit against artificial intelligence startup Anthropic on Wednesday citing widespread scraping of its clients’ song lyrics being used to train its ChatGPT rival chatbot Claude. This marks the first major lawsuit by the music industry against an AI developer and UMG is seeking $75 million in damages. Other […]

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TSMC posts quarterly profit and revenue declines but tops expectations

Maria Deutscher — Thu, 19 Oct 2023 17:52:26 +0000

Shares of Taiwan Semiconductor Manufacturing Co. rose slightly today after it posted third-quarter profits and revenue that topped analyst expectations. TSMC’s upbeat 2024 outlook was likely also a factor behind its stock market gains. According to Reuters, Chief Executive Officer C. C. Wei told investors that the company is expecting a “healthy growth year.” TSMC […]

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Druva to use generative AI for faster problem diagnosis and resolution

Paul Gillin — Thu, 19 Oct 2023 17:30:52 +0000

Automated cloud backup provider Druva Inc. said today that it’s incorporating generative artificial intelligence into its platform to simplify customer interactions. The copilot, called Dru, uses a conversational interface (pictured) to help users more quickly pinpoint the cause of a problem and identify a solution. It lets users request real-time, custom reports, ask follow-up questions and act […]

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With data threats rising, IBM looks to break down silos to promote resilience

Ryan Stevens — Thu, 19 Oct 2023 17:15:20 +0000

October is Cybersecurity Awareness Month in the United States and elsewhere, coming at a point in time in which there has been no shortage of high-profile hacks, such as the ransomware attack that crippled services at MGM Resorts International Inc. It’s a big challenge for organizations and industry leaders. One of the primary targets for […]

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Amazon plans to expand drone deliveries into UK and Italy in late 2024

Kyt Dotson — Thu, 19 Oct 2023 16:05:22 +0000

Amazon.com Inc. announced Wednesday that it plans to expand its Prime Air drone delivery network into the United Kingdom and Italy by the end of 2024, and said it’s adding a third city unnamed in the United States, in addition to Lockeford, California, and College Station, Texas. The company didn’t reveal any specific details about […]

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Netlify launches Composable Web Platform to simplify modern enterprise web architecture

Kyt Dotson — Thu, 19 Oct 2023 16:00:55 +0000

Netlify Inc., the maker of a cloud-based platform that simplifies the development of web-based applications and webpages, today announced the launch of its Composable Web Platform for the enterprise that will allow customers to quickly build their own web applications with any components. As more enterprise businesses look to build web-based applications, developers often find […]

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Crunchbase data reveals cybersecurity funding picking up pace, but still lagging 2022

Duncan Riley — Thu, 19 Oct 2023 11:00:19 +0000

A new report today from Crunchbase Inc. has found positive news in the troubled venture capital landscape, with funding into cybersecurity startups increasing in the third quarter. The report found that funding in cybersecurity startups increased 12% in the quarter, with nearly $1.9 billion invested through 153 deals, up from $1.7 billion across 181 deals in the […]

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Controversial US facial recognition company evades punishment in UK

James Farrell — Thu, 19 Oct 2023 02:23:22 +0000

One of the most controversial tech companies in the U.S., the facial recognition outfit Clearview A.I. Inc., has just beaten a case in the U.K. and avoided a £7.5 million ($9.1 million) fine. Clearview A.I. has been in business since 2017, founded by Australian entrepreneur Hoan Ton-That and U.S. politician Richard Schwartz. The company managed […]

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How companies are scrambling to keep control of their private data from AI models

David Strom — Thu, 19 Oct 2023 00:56:35 +0000

Ever since artificial intelligence and large language models became popular earlier this year, organizations have struggled to keep control over accidentally or deliberately exposing their data used as model inputs. They aren’t always succeeding. Two notable cases have splashed into the news this year that illustrate each of those types of exposure: A huge cache […]

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Stanford’s AI transparency index shows foundational models are shrouded in secrecy

Mike Wheatley — Thu, 19 Oct 2023 00:39:27 +0000

Researchers from Stanford University today published a report looking at the transparency of the most popular foundational artificial intelligence models built by companies like OpenAI LP and Google LLC, declaring that none of them are particularly open. The authors stated that none of the most prominent developers of AI models, including companies such as Meta […]

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Human resources emails remain top phishing targets

Duncan Riley — Thu, 19 Oct 2023 00:28:01 +0000

A new report released today by security awareness training company KnowBe4 Inc. finds that human resources-related email subjects remain a principal strategy among cyberattackers, accounting for more than half of the top-clicked phishing email subjects. The KnowBe4 third quarter phishing report found that phishing emails continue to be one of the most common methods to perpetuate […]

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Australian data encryption cybersecurity startup CipherStash raises $3M

Duncan Riley — Thu, 19 Oct 2023 00:03:00 +0000

Australian searchable data encryption cybersecurity startup CipherStash Pty. Ltd. announced today that it has raised $3 million in new funding to expand its digital defense offerings against increasingly complex tactics employed by cybercriminals and provide protection against data breaches, identity theft and other digital threats. Founded in 2022, CipherStash uses advanced queryable encryption technology to keep data […]

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