Hackers hijacked Instagram accounts over the weekend by tricking Meta’s own AI-powered support chatbot into granting them access. The attack required no access to the victim’s email, no phishing link, and no malware. The hacker simply asked the chatbot…
IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance…
The company says it needs “significant” water resources to cool its data centers, and that access to abundant, affordable water is a challenge.
Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 mi…
Florida has sued OpenAI and CEO Sam Altman in what appears to be the first lawsuit by a US state against the maker of ChatGPT. The civil complaint, filed Monday in state court by Attorney General James Uthmeier, accuses OpenAI of violating product liab…
Anthropic has agreed to give the European Union’s cybersecurity agency, ENISA, access to Claude Mythos, the AI model that has autonomously discovered more than 10,000 high- and critical-severity zero-day vulnerabilities across every major operating sys…
Contentful, the German content management company, is to be acquired by US software giant Salesforce, the companies announced today. Berlin-based Contentful, founded in 2013, has developed an API-firs…
The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth col…
An AI startup that uses AI agents to help financial businesses eliminate repetitive tasks across customer operations has raised a fresh $13m in funding, doubling its Series A raise to $26m, it said to…
China’s AI chip industry is no longer trying to build an Nvidia clone. Under sustained US export controls that block access to the most powerful general-purpose GPUs, the country’s largest technology companies are pivoting toward application-specific i…