A notorious predominantly English-speaking hacking group has launched a website to extort its victims, threatening to release about a billion records stolen from companies who store their customers’ data in cloud databases hosted by Salesforce. The loosely organized group, which has been known as Lapsus$ , Scattered Spider and ShinyHunters, have published a dedicated data […]
Nvidia buys $5 billion stake in Intel, planning AI chip collaboration
Nvidia has agreed to buy a $ 5 billion stake in Intel as part of a broader deal to together develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel stock for $ 23.28 per share, a slight discount on the companies previous trading price. According to Reuters, the deal would […]
Mistral, the French AI giant, is reportedly on the cusp of securing a $14 billion valuation
French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $ 14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The 2-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, its AI chatbot built […]
India bans real-money gaming, threatening a $23 billion industry
India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while promoting esports and casual gaming without monetary stakes, imposes a blanket ban on real-money games — threatening to disrupt billions of dollars in investment and significantly impact the real-money gaming industry, which could see widespread shutdowns. Titled the Promotion and […]
UFC-Paramount Plus deal, explained: How historic $7.7 billion TV contract breaks away from pay-per-view model
Beginning in 2026, UFC will have a new home in the United States. On Monday, Aug. 11, UFC CEO and president Dana White took to X (formerly Twitter) to confirm that the organization had reached a groundbreaking deal with Paramount and CBS, making their networks the exclusive home of UFC events while moving from the pay-per-view […]