As the race to build generative AI tools for the enterprise devolves into a battle royale, big tech is busy wielding its most powerful weapon: checkbooks.
Big tech corporate venture capital 🤝 generative AI startups by Alex Wilhelm originally published on TechCrunch
Hackers have compromised the personal data of more than 15 million individuals by exploiting a security vulnerability in the MOVEit file transfer tool, as the number of victim organizations continues to grow. There are more than 140 known victims of Clop ransomware attacks targeting a vulnerability in MOVEit Transfer, an enterprise file transfer tool developed by […]
Millions affected by MOVEit mass-hacks as list of casualties continues to grow by Carly Page originally published on TechCrunch
One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Light Year, which was founded merely four months ago by Wang Huiwen, a co-founder of Meituan, with the ambition of becoming the “OpenAI for China”, is getting bought out. In a filing released on Thursday, Meituan announced that it […]
Meituan buys founder’s months-old ‘OpenAI for China’ for $234M by Rita Liao originally published on TechCrunch
Just about every developer wants to create APIs to help other companies connect to their services more easily, but creating and documenting an API is a time consuming process. Speakeasy, an early stage startup, wants to make that an easier and more automated set of activities. Today, the company emerged from stealth with a $7.6 […]
Speakeasy is using AI to automate API creation and distribution by Ron Miller originally published on TechCrunch
Porsche — with CEO Oliver Blume behind the wheel — has zipped by a number of milestones over the past several years. Its share price has gained more than 36% since its IPO in September 2022 and profit margins are at an enviable 18%. And yet, Blume isn’t satisfied. “We are driving the company like […]
How Porsche plans to grow margins with luxury and speed by Tim Stevens originally published on TechCrunch