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US agency tasked with curbing risks of AI lacks funding to do the job

Lawmakers fear the NIST will have to rely on companies developing the technology. Enlarge / They know... (credit: Aurich / Getty) US president Joe Biden’s plan for containing the dangers of artificial intelligencealrea.....»»

Category: topSource:  arstechnicaDec 23rd, 2023

Chainguard raises $140 million to strengthen open source software security

Chainguard has completed a $140 million Series C round of funding led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company’s total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Seq.....»»

Category: securitySource:  netsecurityRelated NewsJul 25th, 2024

Lakera raises $20 million to secure GenAI applications

Lakera has raised $20 million in a Series A funding round. Led by European VC Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine, this investment brings Lakera’s total funding to $30 mil.....»»

Category: securitySource:  netsecurityRelated NewsJul 25th, 2024

The most urgent security risks for GenAI users are all data-related

Regulated data (data that organizations have a legal duty to protect) makes up more than a third of the sensitive data being shared with GenAI applications—presenting a potential risk to businesses of costly data breaches, according to Netskope. Th.....»»

Category: securitySource:  netsecurityRelated NewsJul 25th, 2024

5 risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

Elon Musk claims he is training “the world’s most powerful AI by every metric”

One snag: xAI might not have the electrical power contracts to do it. Enlarge / Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister,.....»»

Category: topSource:  arstechnicaRelated NewsJul 24th, 2024

Coalfire announces Cyber Security On-Demand portfolio

Coalfire announced its Cyber Security On-Demand portfolio to provide a flexible set of services that reduce cyber risks and remediate security vulnerabilities in customer environments. As attack surfaces grow, defenders need flexibility and a hacker.....»»

Category: securitySource:  netsecurityRelated NewsJul 24th, 2024

Vanta raises $150 million accelerate its AI product innovation

Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»

Category: securitySource:  netsecurityRelated NewsJul 24th, 2024

Top five risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

Monday is the hottest day recorded on Earth, beating Sunday"s record, European climate agency says

Monday was recorded as the hottest day ever, beating a record set the day before, as countries across the globe from Japan to Bolivia to the United States continue to feel the heat, according to the European climate change service......»»

Category: topSource:  physorgRelated NewsJul 24th, 2024

Gcore raises $60 million to drive AI innovation

Gcore has secured $60 million in Series A funding from institutional and strategic investors. Led by Wargaming, and with participation from Constructor Capital and Han River Partners, this marks the company’s first external capital raise since its.....»»

Category: securitySource:  netsecurityRelated NewsJul 23rd, 2024

The CISO’s approach to AI: Balancing transformation with trust

As organizations increasingly adopt third-party AI tools to streamline operations and gain a competitive edge, they also invite a host of new risks. Many companies are unprepared, lacking clear policies and adequate employee training to mitigate thes.....»»

Category: securitySource:  netsecurityRelated NewsJul 23rd, 2024

Meta risks sanctions over “sneaky” ad-free plans confusing users, EU says

Consumer laws may change Meta’s ad-free plans before EU's digital crackdown does. Enlarge (credit: Bloomberg / Contributor | Bloomberg) The European Commission (EC) has finally taken action to block Meta's heavily crit.....»»

Category: topSource:  arstechnicaRelated NewsJul 22nd, 2024

Heeler Security raises $8.5 million to boost application security

Heeler Security announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime.....»»

Category: securitySource:  netsecurityRelated NewsJul 22nd, 2024

AI-powered optical detection to thwart counterfeit chips

The semiconductor industry has grown into a $500 billion global market over the last 60 years. However, it is grappling with dual challenges: a profound shortage of new chips and a surge of counterfeit chips, introducing substantial risks of malfunct.....»»

Category: topSource:  theglobeandmailRelated NewsJul 20th, 2024

Environmental groups ask feds to take over Georgia"s coal ash program

A handful of environmental groups filed a petition July 18 asking the U.S. Environmental Protection Agency (EPA) to claw back oversight of the disposal of Georgia's toxic coal ash from state regulators, citing concerns over groundwater contamination......»»

Category: topSource:  physorgRelated NewsJul 19th, 2024

Stellantis recalls 24,000 hybrid minivans for fire risks, urges owners to park outside

The company said it is aware of seven incidents that occurred when the vehicles were turned off and some occurred while recharging......»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

Pindrop secures $100 million to further develop its audio, voice, and AI technologies

Pindrop announced it has secured $100 million in debt financing from Hercules Capital. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies, enhancing its offerings for customers in the banking, financ.....»»

Category: securitySource:  netsecurityRelated NewsJul 18th, 2024

NASA cans lunar rover after spending $450 million building it

NASA announced Wednesday that cost overruns and delays have forced it to cancel a planned moon rover it already spent $450 million to develop, marking a significant setback for the agency's lunar exploration program......»»

Category: topSource:  physorgRelated NewsJul 18th, 2024

Satellite to follow Empire State Building-sized asteroid as it zips by Earth

There’s a huge asteroid coming our way in 2029 and the European Space Agency (ESA) wants to track it every step of the way. Don’t worry, you can look up with confidence, as the 1,230-feet-long (about 375 meters) Apophis asteroid is not on a colli.....»»

Category: topSource:  digitaltrendsRelated NewsJul 18th, 2024

A huge race is on to develop quantum technologies; the time to discuss risks is now

The United Nations has proclaimed 2025 as the International Year of Quantum Science and Technology. The goal is to recognize "the importance of quantum science and the need for wider awareness of its past and future impact." But why quantum? Why now?.....»»

Category: topSource:  physorgRelated NewsJul 17th, 2024