Startup

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    SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere

    Masayoshi Son, chairman and chief executive officer of SoftBank Group. Image: SoftBank YouTube SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres. Ampere’s lead investors, private…

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    Google Acquires Startup Wiz for $32B to ‘Turbocharge Improved Cloud Security’

    Image: Wiz Google has announced it is acquiring cybersecurity startup Wiz for $32 billion. The acquisition is parent company Alphabet’s largest to date, more than doubling its previous record-breaking $12.5 billion purchase of Motorola Mobility in 2012. The company appears to have pursued this deal aggressively due to the growing demand for secure cloud services. The surge in generative AI…

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    UK government targets ‘startup’ mindset in AI funding overhaul

    Public sector AI funding will be overhauled in the UK in a bid to simplify processes and push more projects into development, the government has revealed. Announced by the UK’s Department for Science Innovation and Technology (DSIT), the new approach to spending will seek to embed a “startup” mindset and change how the government funds small AI projects and outdated…

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    How to disable Fast Startup on Windows 11, 10

    To disable Fast Startup on Windows 11, open Control Panel System > Hardware and Sound > Power Options > Choose what the power button does, click on “Change settings that are currently unavailable,” turn off “Fast Startup,” and click “Save.” Alternatively, open Command Prompt (admin) and run the “powercfg /h off” command to turn off Fast Startup. It’s also possible to disable…

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    Ex-OpenAI CTO Mira Murati launches AI startup, recruits top talent from rivals – Computerworld

    In the short term, OpenAI may face challenges in retaining mindshare and employee confidence. However, ongoing investments, backing from Microsoft, and initiatives like Project Stargate reinforce its position as one of the most desirable companies in the AI sector. “Those who were not aligned with Sam Altman’s (and investors’) vision for OpenAI have left, making the company free of internal…

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    CyberArk eyes identity security gains with $175 million startup acquisition

    CyberArk has announced the acquisition of identity governance and administration (IGA) startup Zilla Security for a fee of up to $175 million. The move will expand CyberArk’s Identity Security Platform with Zilla’s AI-powered IGA capabilities, which are designed to equip organizations with scalable automation of identity compliance and provisioning across digital environments. CyberArk said the aim is to create a…

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    DeepSeek: all the news about the startup that’s shaking up AI stocks

    A chatbot made by Chinese artificial intelligence startup DeepSeek has rocketed to the top of Apple’s App Store charts in the US this week, dethroning OpenAI’s ChatGPT as the most downloaded free app. The eponymous AI assistant is powered by DeepSeek’s open-source models, which the company says can be trained at a fraction of the cost using far fewer chips…

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    Chinese AI startup DeepSeek unveils open-source model to rival OpenAI o1 – Computerworld

    In real-world enterprise applications, DeepSeek-R1’s performance on key metrics translates to improved capabilities in mathematical reasoning, problem-solving, and coding tasks. “Although this suggests that DeepSeek-R1 could potentially outperform OpenAI’s o1 in practical scenarios requiring these specific competencies, the eventual outcome still depends on various factors within the broader AI ecosystem, such as the AI readiness of data, RAG and agent…

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    Bill Gates’ nuclear energy startup inks new data center deal

    TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center developers in the US to deploy advanced nuclear reactors. TerraPower and Sabey Data Centers (SDC) are working together on a plan to run existing and future facilities on nuclear energy from small reactors. Tech companies are scrambling to determine…

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    Password management startup Passbolt secures $8 million to shake up credential security

    Password management startup Passbolt has secured $8 million in funding as part of a Series A investment round. Passbolt specializes in credential management for organizations ranging in size from small businesses to large enterprises, and boasts more than 400,000 active daily users. While focusing primarily on password management, the startup also provides security for a variety of organizational credentials. This…

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