A new report highlights the massive, unmanaged risk of “Shadow AI” in the workplace. Employees using unauthorized tools are accidentally feeding corporate secrets into public AI models, creating a golden opportunity for attackers.
A hydrogen-powered drone company just became a unicorn. Heven AeroTech’s $100 million Series B, led by quantum computing leader IonQ, will fund U.S. manufacturing and a new focus on quantum-secure systems for defense.
OpenAI is shifting into emergency mode to improve its core ChatGPT product. The move comes as Google’s Gemini 3 model wins praise and user numbers for rival AI services surge.
Apple’s head of AI, John Giannandrea, is retiring. He’s being replaced by Amar Subramanya, a former VP of AI at Microsoft. The move signals Apple’s intense focus on catching up in the AI race.
Bank of America says Netflix could “kill three birds with one stone” by acquiring Warner Bros. Discovery. The deal, valued over $70 billion, would give Netflix a legendary content library and potentially end the streaming wars for good.
Two new studies point to a specific type of “stemmy” CD8 memory T cell as the critical biomarker for a functional HIV cure. This discovery could lead to treatments that help more people control the virus without daily drugs.
SoftBank CEO Masayoshi Son revealed the emotional turmoil behind selling the firm’s entire $6 billion stake in Nvidia. The decision, announced in November, was driven by an urgent need to fund SoftBank’s colossal $40 billion investment plan into OpenAI.
Coupang, South Korea’s e-commerce leader, has confirmed a data breach impacting a staggering 33.7 million customer accounts. The intrusion, which began on June 24, exposed names, addresses, and phone numbers but not payment data. The company is now facing investigations and potentially massive fines
A new fintech, Renno, is taking aim at the payment problems plaguing European construction. With €1 million in pre-Seed funding, it’s replacing risky deposits and delayed payments with a secure, milestone-based escrow system. The goal is to stop €280 billion in annual losses from payment delays.
Two high-profile alumni from Citadel and Point72 are teaming up to launch a new hedge fund focused on Japan. The move capitalizes on growing investor interest in the country’s markets. It highlights the ongoing talent shuffle in the global hedge fund arena.
