In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a new, huge five-year deal with Amazon to secure chips for AI use. Nvidia is being put on notice once again. Source link
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AI coding startup Cognition raises $1B at $25B pre-money valuation
Cognition, the maker of an autonomous AI software engineer named Devin, has raised more than $1 billion at a pre-money valuation of $25 billion, the company announced Wednesday. That’s a huge jump from its post-money valuation of $10.2 billion when it closed $400 million funding round Just eight months ago in September. The round was…
SpaceX’s Starlink nabs American Airlines contract, another win for its IPO
American Airlines said Tuesday it plans to do so install starlink The carrier is the latest to choose the SpaceX unit for inflight Wi-Fi service on more than 500 narrow-body Airbus planes as early as next year. The deal not only provides a financial boost for Starlink, the satellite communications network and the only SpaceX…
Dutch government blocks US company from acquisition, citing ‘risk to public interest’
The Dutch government has blocked US IT giant Kindril from acquiring Solvency, the Dutch cloud provider that hosts the Netherlands’ online identity platform. The government in The Hague said the deal posed a “potential risk to the public interest”. Willemijn Aardts, Dutch Minister for the Digital Economy, said a machine-translated letter Published on Monday the…
7-Eleven data breach affects over 185,000 people’s personal data
Data Breach Notification Service Have I been taken hostage? says more than 185,000 people are affected by the data breach at convenience store chain 7-Eleven, including their names, dates of birth and physical addresses. The data breach reported in April also included phone numbers and email addresses. Have I Been Pwned, which collects a cache…
Amazon fulfillment competitor Stord raises $250M at $3B valuation
E-commerce logistics company Stord raises $250 million funding round at $3 billion valuation announced Tuesday This has doubled its valuation from a year ago. The new funding was led by Strike Capital, with participation from Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared and Bond. Stord was founded in 2015 by then-college students…
AI is being used to resurrect the voices of dead pilots
In the latest sign of these AI-heavy times, the National Transportation Safety Board temporarily removed access to its docket system after discovering that the voices of the pilots killed in last year’s UPS plane crash were recreated using AI and being broadcast on the Internet. The NTSB is prohibited by federal law from including cockpit…
Blue Origin cleared to fly New Glenn mega-rocket after April mishap
Blue Origin’s new mega-rocket, New Glenn, is no longer grounded. The Federal Aviation Administration has cleared the rocket to fly again after it failed to deliver commercial payload to the upper stage during its launch in April, the company said Friday. However, Blue Origin did not provide further details said in a post X that…
SpaceX files to go public, and the math requires a little faith
SpaceX S-1 is finally hereAnd the story it tells goes far beyond rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a total addressable market of $28 trillion, a pay package tied to the establishment of a Mars colony, and a valuation target that would make…
Kash Patel’s clothing brand website shut down after reports it was hacked
FBI Director Kash Patel’s business website was taken offline Friday following reports that hackers had hijacked it in an attempt to infect visitors with malware. As first reported by Straight Arrow News. At the time of this writing, Based Apparel’s website is offline. On Thursday, an Posted The brand’s website apparently contained malware, specifically an…