GM buys software startup that predicts EV battery fires
General Motors said Friday it has acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells. Financial terms were not disclosed. The automaker did say that Algolion six employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the
Read moreSchools say US teachers’ retirement fund was breached by MOVEit hackers
Two U.S. schools have confirmed that TIAA, a non-profit organization that provides financial services for individuals in academic fields, has been caught up in the mass-hacks targeting MOVEit file transfer tools. Middlebury College in Vermont and Trinity College in Connecticut both released security notices confirming they experienced data breaches as
Read moreGenerative AI front and center at Databricks’ Data + AI summit, following MosaicML acquisition
Databricks turned the spotlight on generative AI at its annual Data + AI summit, as it announced a host of new Lakehouse AI innovations. This focus on generative AI, the company said, “highlights the inflection point reached with the rise in the popularity of large language models (LLMs)”. In April,
Read moreWhy automakers are rushing to adopt Tesla’s NACS plug and what it means to drivers
How did the North American electric vehicle market finally decide on a charging port? Gradually, then suddenly, to paraphrase Ernest Hemingway. The war isn’t over yet, but with Electrify America announcing this week that it would add Tesla’s North American Charging Standard (NACS) plugs, it’s close. Electrify America’s decision is
Read moreVoice.ai raises $6M as its real-time voice changer approaches 500k users
Services like Midjourney and ChatGPT have pushed the boundaries of how AI can create images and text out of basic text prompts. Now, audio appears to be the inevitable next frontier. Music generation based on word prompts, AI tutors for language learning, and voice simulators have all seen developments in
Read moreCSE stopped billions of malicious actions against federal IT networks: Report
Canada’s signals intelligence agency protected federal IT networks from an average of 6.3 billion malicious actions a day — such as attempts to deploy malware — in the last fiscal year, as well undertaking three foreign cyber operations against targets outside the country, according to its latest annual report. The
Read moreApple’s market cap hits $3 trillion once again
Apple’s market cap hit $3 trillion on Friday, as the company’s shares rose around 1% to a new high and passed the $190.73 price required in order to reach the milestone. The tech giant first reached this milestone back in January 2022, before closing the session just below that mark.
Read more3 Powerful Cybersecurity Touch points from Global Tech Summit
WiT, Women in Tech, an international non-profit organization whose mission is to close the gender gap, empower women and help them thrive in their tech careers, recently hosted the Global Tech Summit in Paris earlier this month. The objective of the summit was to drive key conversations about gender diversity
Read moreWhy Should you become a Sponsor at Digital Finance Africa 2023?
The financial digital landscape is evolving by the second, in a hyper charged digital economy where developing innovative financial digital solutions is happening faster than the turn of a switch – competition is rife. New problems arise every day that need to be solved. This, coupled with a swift transition
Read moreWhatsApp introduces new QR-code-based local data transfer method
WhatsApp today announced a new and quicker to transfer chat from your old phone to a new phone through a QR-code-based method. The company said that users migrating to another phone with the same operating system will be able to transfer WhatsApp data using a local Wi-Fi connection. Image Credits:
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