UK-based Sophos plans to acquire Atlanta-based cybersecurity company Secureworks for ~$859M, expected to close in early 2025; Dell owns ~79% of Secureworks (Joe Warminsky/The Record)
Joe Warminsky / The Record: UK-based Sophos plans to acquire Atlanta-based cybersecurity company Secureworks for ~$859M, expected to close in early 2025; Dell owns ~79%
LinkedIn woos publishers, testing a "News Banner" on its mobile app feed and a video ad program that sources say will earn Bloomberg and WSJ $2M+ each in 2024 (Sahil Patel/The Information)
Sahil Patel / The Information: LinkedIn woos publishers, testing a “News Banner” on its mobile app feed and a video ad program that sources say
Azra Games, a video game developer working on an RPG that uses web3 tech, raised a $42M Series A led by Pantera Capital, bringing its total raised to $68.3M (Catherine McGrath/Fortune)
Catherine McGrath / Fortune: Azra Games, a video game developer working on an RPG that uses web3 tech, raised a $42M Series A led by
Apple AI researchers say they found no evidence of formal reasoning in language models and their behavior is better explained by sophisticated pattern matching (Gary Marcus/Marcus on AI)
Gary Marcus / Marcus on AI: Apple AI researchers say they found no evidence of formal reasoning in language models and their behavior is better
The All England Club says AI will make "out" and "fault" calls at the Wimbledon tennis championships starting in 2025, replacing line judges, after a 2024 test (Associated Press)
Associated Press: The All England Club says AI will make “out” and “fault” calls at the Wimbledon tennis championships starting in 2025, replacing line judges,
Sources: Apple plans to launch iOS 18.1 and Apple Intelligence on Oct. 28 and announce new Macs and an iPad mini in late Oct., with shipments starting on Nov. 1 (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg: Sources: Apple plans to launch iOS 18.1 and Apple Intelligence on Oct. 28 and announce new Macs and an iPad mini
Source: on top of the $6.6B in funding, OpenAI got a $4B revolving line of credit from JPMorgan Chase, Citi, and others, bringing its total liquidity to $10B+ (Hayden Field/CNBC)
Hayden Field / CNBC: Source: on top of the $6.6B in funding, OpenAI got a $4B revolving line of credit from JPMorgan Chase, Citi, and
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B (The Information)
The Information: Source: SoftBank’s Vision Fund has agreed to invest $500M in OpenAI’s latest funding round, SoftBank’s first investment in OpenAI, which is raising $6.5B
The US is fretting over signing a UN cybercrime treaty due to fears Russia, China, and others could use it to justify surveillance and suppression of rights (Maggie Miller/Politico)
Maggie Miller / Politico: The US is fretting over signing a UN cybercrime treaty due to fears Russia, China, and others could use it to
Sources: some key staff working on Microsoft's distilled AI models like Phi, trained on synthetic data, have left the Microsoft AI unit led by Mustafa Suleyman (Aaron Holmes/The Information)
Aaron Holmes / The Information: Sources: some key staff working on Microsoft’s distilled AI models like Phi, trained on synthetic data, have left the Microsoft
