Tag: biz tech
Pavel Durov Reassures Users Amid Concerns Over Telegram’s Data Sharing Policies
Telegram founder and CEO, Pavel Durov, has attempted to ease growing concerns regarding changes to the platform’s terms of service that involve data sharing with law enforcement agencies. While the platform has been associated with a strong privacy stance...
Eon Exits Stealth Mode with $127M, Eyes Cloud Backup Innovation
Cloud backup provider Eon has emerged from stealth mode, securing $127 million in funding as it aims to redefine the management of cloud backup systems. This next-generation startup is leveraging its expertise in cloud migration and disaster recovery to i...
OpenAI Reaches $157 Billion Valuation After New Funding
OpenAI has successfully raised $6.6 billion in a funding round that has significantly boosted its valuation to $157 billion. This is a remarkable increase from the $29 billion valuation it held just a year ago. Key contributors to this funding round inclu...
Epic Games Accuses Google and Samsung of Blocking Competition with App Store Practices
Fortnite developer Epic Games has escalated its battle against tech giants, suing both Google and Samsung over alleged anti-competitive behavior. The lawsuit centers on the companies’ actions to suppress third-party app stores and maintain dominance over...
Spacedrive: A Visionary Rust-Based Open-Source File Manager for Total Data Control
A new contender in the realm of file management, Spacedrive, is capturing attention for its innovative approach to handling digital clutter. Developed using the Rust programming language, Spacedrive is an open-source, cross-platform file manager that aims...
Critical Vulnerability in Nvidia’s AI Toolkit Exposes Cloud Systems to Exploits
Nvidia’s Container Toolkit, a vital tool in cloud environments utilizing AI, has been found to harbor a severe vulnerability, CVE-2024-0132. The flaw, discovered by Wiz Research, allows attackers to escape from containers and access host systems, threaten...
SiFive Accelerates RISC-V AI Adoption with New AI-Focused Solutions
SiFive, a pioneering leader in RISC-V-based processors, has unveiled key developments that mark significant progress in the adoption of RISC-V for artificial intelligence (AI) workloads. The company’s latest offering, the SiFive Intelligence XM Series, is...
Square Enix Cancels Prominent Nintendo Switch 2 RPG
A high-profile role-playing game (RPG) that was anticipated as a Nintendo Switch 2 exclusive has been unexpectedly canceled, leaving fans of both Square Enix and the upcoming console disappointed. This title, which was positioned as one of the key attract...
ColoBarn partners with IvedaAI to boost security at US data centers
ColoBarn, a key player in the colocation service industry, is upgrading its data center security across several US regions by integrating Iveda’s advanced artificial intelligence (AI) solutions. This partnership marks a pivotal step in enhancing surveilla...
US Policy Shift May Boost AI Chip Exports to Middle East
The United States government has enacted a new regulatory framework aimed at enhancing the export of artificial intelligence (AI) chips, particularly to nations in the Middle East. This development arrives amid increasing global demand for AI technologies...
Valve Teases Major Updates for Steam Deck with VR and ARM Features
Valve is reportedly gearing up to enhance the capabilities of the Steam Deck, with credible leaks suggesting the addition of virtual reality (VR) support and ARM architecture compatibility. This development is seen as a strategic move to tap into the grow...
Versatile Aria2App Transforms Android Downloading Experience
Aria2App has emerged as a powerful open-source download manager for Android, enhancing the way users handle downloads on their mobile devices. Developed by Gianlu, the app seamlessly integrates with the widely-used aria2 server, enabling users to manage m...
Blackstone announces $13B data center in Northumberland
A significant $13 billion investment is set to transform the UK’s tech infrastructure with Blackstone, one of the world’s largest alternative investment firms, committing to develop a state-of-the-art artificial intelligence (AI) data center in Blyth, Nor...
Apple Withdraws from OpenAI’s $6.5 Billion Funding Round
Tech giant Apple has officially exited negotiations to invest in OpenAI’s latest funding round, which aims to raise approximately $6.5 billion and is expected to close soon. This decision stands out against the backdrop of increasing investments in artifi...
WordPress.org Takes Firm Stance Against WP Engine Ban
WordPress.org has enacted a ban on WP Engine, a significant managed WordPress hosting provider, triggering widespread discussion within the WordPress community. This decisive action has not only surprised many in the industry but has also raised questions...