Maria Deutscher
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Report: MGM Resorts refused to pay hackers following ransomware attack
MGM Resorts International Inc. reportedly refused to pay a ransom that hackers demanded following a cyberattack against its properties last month. The Wall Street Journal reported the decision late Thursday. The same day, MGM Resorts submitted a regulatory filing that revealed new details about the breach. The company disclosed that the hackers stole some customers’ ...
OpenAI – and Microsoft – reportedly could each develop custom AI chips
OpenAI LP has reportedly been exploring the idea of developing custom artificial intelligence chips since last year. Reuters reported the initiative late Thursday, citing people familiar with the matter. It’s believed the chipmaking effort is a response to the fact that the Nvidia Corp. graphics cards OpenAI uses to power its AI models are currently ...
Gradient raises $10M for its AI customization and inference platform
Startup Gradient has raised $10 million in seed funding to grow the adoption of its cloud platform, which developers can use to host customized versions of open-source language models. TechCrunch reported the investment today in the company. Wing VC led the round while Mango Capital, Tokyo Black, The New Normal Fund, Secure Octane and Global ...
Robotic metalworking startup Machina Labs closes $32M round backed by Nvidia
Machina Labs Inc., a startup using robots equipped with artificial intelligence to manufacture metal products, today announced that it has raised $32 million in funding. The Series B investment was jointly led by Nvidia Corp.’s NVentures investment arm and Innovation Endeavors. A number of unnamed existing and new backers participated as well. Since launching in ...
UK launches investigation into public cloud market with focus on hyperscalers
The U.K.’s antitrust regulator will investigate the public cloud market to determine if leading industry players may be engaging in anticompetitive practices. The Competition and Markets Authority, or CMA, announced the probe today. The move comes shortly after Ofcom, a U.K. regulator responsible for overseeing the local telecommunications and broadcast sectors, completed a study of ...
Docker debuts new tools for developing container applications
Docker Inc. today introduced two new offerings, Docker Build and Docker Debug, that promise to help software teams develop container applications faster. The offerings are currently in public beta. They made their debut at the company’s annual DockerCon conference alongside a new version of its existing Docker Scout cybersecurity tool. Originally introduced in February, the tool ...
Qualtrics lets go 780 workers to simplify its organizational structure
Qualtrics International Inc. today announced that it’s laying off about 780 employees, or 14% of its workforce, in a bid to simplify its organizational structure. The restructuring comes a few months after the former SAP SE unit was acquired by two investment firms in a $12.8 billion deal. Qualtrics develops a so-called experience management platform, ...
Zendesk debuts new AI features for its customer service platform
Zendesk Inc. today debuted new generative artificial intelligence features that aim to make help desk teams more productive. The features are rolling out for the company’s flagship customer service platform, which is used by about 100,000 organizations worldwide. The platform enables help desk representatives to process support requests through a centralized interface. It also provides ...
New report details ‘Project Nessie’ algorithm flagged in FTC lawsuit against Amazon
New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street Journal reported today that Amazon used Project Nessie to set product prices on its e-commerce marketplace. The publication attributed the information to former employees of ...
LinkedIn rolls out new AI-powered automation tools
LinkedIn today introduced a trio of artificial intelligence tools designed to optimize companies’ marketing, recruiting and employee coaching efforts. The tools are rolling out a few weeks after the Microsoft Corp. unit debuted another set of AI features geared towards salespeople. According to LinkedIn, those features make it easier to find potential buyers who may ...