Author: Ai
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British AI Cloud Provider Nscale to Acquire Anyscale for $1.65B
British AI neocloud Nscale is acquiring software startup Anyscale for $1.65 billion, according to a Bloomberg report citing an anonymous source, as the company looks to capture more of its customers’ AI spending. Anyscale, built by the team behind the open-source Ray distributed programming framework, originally focused on high-performance computing before pivoting toward AI workload…
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Okta to Acquire AI Identity Security Startup Permiso Security for Nearly $200M
Okta has agreed to acquire AI identity security startup Permiso Security, betting that demand for protecting AI agents and other machine identities will grow as enterprises deploy more autonomous software. Okta did not disclose deal terms, but a source familiar with the matter said the acquisition is valued at just under $200 million and structured…
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Experts Say Traditional Defenses, Not New AI Paradigm, Could Have Stopped OpenAI Agent’s Hack on Hugging Face
Following the disclosure that an autonomous OpenAI AI model breached Hugging Face’s systems while attempting to circumvent a benchmark, cybersecurity experts told TechCrunch the incident may not represent as dramatic a shift as initially feared, arguing that conventional defensive techniques could have stopped the attack had they been properly applied. Kyle Ryan of Pensar and…
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EU Launches Tender for Up to Seven AI Gigafactories to Boost Sovereign AI Infrastructure
The European Union has launched a call for tenders to establish up to seven AI Gigafactories across Europe, part of its broader push toward technological sovereignty and its ambition to become a leading AI continent. The initiative is backed by up to €10 billion in EU and national funding and is expected to unlock at least €20…
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Cybersecurity Startup Glow Emerges From Stealth as a Unicorn With $180M Series A
Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth Wednesday with a $180 million all-equity Series A round that valued the company at $1.2 billion. The round was led by Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint Ventures, with participation from Index Ventures, Swish Ventures, Lux Capital, Operator Collective, and Holly…
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Passionfroot Raises $15M Series A to Expand B2B Creator Marketplace as AI Reshapes Marketing
Passionfroot, a German startup operating a marketplace connecting B2B creators with brands, has raised $15 million in a Series A round led by Insight Partners, with participation from existing backers Creandum, Supernode Global, and s16vc, bringing total funding to more than $21 million. Insight Partners managing director Rebecca Liu-Doyle said the company is well positioned…
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Arrakis Comes out of Stealth With $38M to Help Industrial Enterprises Compete in the AI Era
Insider Brief Arrakis, an AI deployment company helping industrial firms install AI agents for mission-critical operations, raised a $30 million Series A led by Blossom Capital with participation from Accel, bringing total funding to around $38 million, with backing from individuals including Datadog CEO Olivier Pomel and OpenAI’s Olivier Godement Founded in January 2026 by…
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OpenAI’s models cut their own costs
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}, and welcome to the 6,038 new readers who joined us yesterday. What happens when an AI model gets good enough to lower its own price? OpenAI just gave the industry its first real answer. The company announced new cost cuts…
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OpenAI aligns safety practices with EU AI Act’s GPAI Code
OpenAI has outlined how it aligns safety, security, and transparency work with the EU AI Act’s GPAI Code as enforcement approaches. The company has contributed to and endorsed the EU’s General-Purpose AI (GPAI) Code of Practice and the Code of Practice on Transparency of AI-Generated Content. Both emerged from multi-stakeholder processes. The GPAI Code sets…
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ChatFeatured Raises $2M to Build an Autonomous AI Search Agent for Marketing Teams
Insider Brief ChatFeatured, an AI search optimization platform, closed an oversubscribed $2 million pre-seed round led by Storytime Capital with participation from Garage Capital and BY Venture Partners, expanded from an original $1.5 million target after investor demand The company, founded in Toronto in January 2026 by Farris Nasr and Nithiiyan Skhanthan, helps marketing teams…
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