European cyber tech firm Filigran has recently closed a $35 million Series B funding round, led by software investor Insight Partners, joining existing backers Accel and Moonfire. The funding round follows Filigran’s US$16 million Series A investment just a few months ago, and will aid the company’s growth, expansion, and product development. The Series B… Read more »
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Cisco is pushing the frontiers of quantum technology with a focus on practical quantum networks and data centres. At its recent Quantum Summit 2024, Cisco brought together industry experts to explore breakthroughs in everything from quantum networking to security. However, its vision for a next-generation quantum data centre took centre stage. Cisco’s ambitious concept for… Read more »
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Researchers from ETH Zurich have uncovered significant security vulnerabilities in several widely used end-to-end encrypted (E2EE) cloud storage services. The cryptographic flaws could allow attackers to bypass encryption, compromise file confidentiality, tamper with data, or even inject unauthorised files into users’ storage. The study analysed five E2EE cloud storage providers—Sync, pCloud, Seafile, Icedrive, and Tresorit—which… Read more »
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China Telecom, a state-owned carrier, has developed two LLMs that were entirely trained on domestically produced processors. This breakthrough demonstrates China’s progress toward chip independence, particularly in the field of AI. The company’s AI Institute announced that its open-source model, TeleChat2-115B, along with another undisclosed model, was trained on tens of thousands of Chinese chips.… Read more »
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Data centres are going to be classified as critical national infrastructure by the UK Government, which means they will be in the same group as emergency services, finance, healthcare, energy and water. This classification will ensure that data centres receive more government protection than before in the event of a major incident, such as a… Read more »
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Google, a subsidiary of Alphabet, is reportedly considering building a large data centre in Vietnam, according to an unnamed source familiar with the plans. If realised, this would mark the first major investment of its kind by a U.S. technology giant in the Southeast Asian country. According to a confidential source, Google is assessing the… Read more »
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Tech giant Google has been cooperating with Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), to mitigate the spread of digital risks. The two parties are focused on devising revolutionary digital tools for hospitals, defence organisations, and energy providers, which are considered critical infrastructure operators. These tools would be able to… Read more »
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South Korea’s Financial Services Commission (FSC) has disclosed plans to allow financial companies to utilise generative artificial intelligence and cloud computing for product innovation, provided they implement adequate network security measures. Since September 2013, financial institutions have been required to separate their networks from the Internet to prevent hacking attacks. This requirement has sparked widespread… Read more »
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A US judge has ruled that certain practices of Google in the online search market were anti-competitive because the company promoted its browser unfairly. It is a victorious moment for the US Department of Justice and a stumble for Google. However, it also represents a turning point in the tech industry and sets a precedent… Read more »
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Amazon’s massive investment in AI has created doubts about future profitability despite record sales growth, following publication of the tech giant’s latest financial results. According to the Financial Times, in the three months ending June 30, Amazon’s net sales grew by 10% to $148 billion. Although the result was impressive, it missed analysts’ expectations of… Read more »
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