PointFive, which helps companies reduce unnecessary cloud and AI spending, raised a $60M Series B led by Accel, bringing its total funding to $100M — A $60 million growth investment led by Accel values the software maker at $500 million — Early-stage investor Accel led …
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Sources: Russia paused parts of a surveillance system protecting Putin after Israel used AI on footage from Iran's traffic cameras to locate Ayatollah Khamenei — Russia paused surveillance system after killing of Iran's Supreme Leader exposed how AI can be used on CCTV data to target enemies
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NY-based A Security, which uses AI to automate offensive cybersecurity, emerges from stealth with $37M in funding from Lightspeed, Wiz's Assaf Rapaport, others — Mock cyber attacks used to cost about $30,000, take two weeks, and tell companies what their defenses looked like six months ago.
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Amazon announces a multiyear, multibillion-dollar deal with Corning to produce optical fiber for its US data centers; Corning shares jump 8%+ — Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers …
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FTX co-founder Sam Bankman-Fried formally applies for a presidential pardon; he was sentenced to 25 years in prison in 2024, following the FTX collapse — FTX co-founder Sam Bankman-Fried formally applied for a presidential pardon, more than two years after he was convicted …
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