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Crogl, Armed with $30M, Takes the Wraps Off a New AI 'Iron Man Suit' For Security Analysts

Startup Crogl has unveiled an autonomous assistant designed for cybersecurity researchers, aimed at efficiently analyzing thousands of daily network alerts to identify real security incidents. Backed by $30 million in funding, this innovative tool, likened to an “Iron Man suit” by CEO Monzy Merza, has already been tested with major enterprises during a private beta phase. The platform's unique approach, leveraging big data and machine learning, seeks to enhance security analysts' capabilities rather than reducing the number of alerts they face.

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Marvell (MRVL) Secures Amazon AI Contract, $120 Price Target Reiterated Δ1.74

Marvell Technology, Inc. (NASDAQ:MRVL) has secured a significant contract with Amazon for its AI chips, further solidifying its position as a leading player in the AI market. The deal is expected to boost Marvell's revenue and expand its customer base. As the demand for AI solutions continues to grow, Marvell is well-positioned to capitalize on this trend.

Microsoft Just Handed IPO Prospect Anduril a $22 Billion Opportunity. Δ1.73

Anduril Industries has taken the defense industry by storm with its recent announcement of partnering with Microsoft to develop the Integrated Visual Augmentation System (IVAS) for the U.S. Army, which is expected to be worth $22 billion over 10 years. The deal marks a significant shift in Anduril's strategy, as it takes over full responsibility for developing and producing IVAS from Microsoft, which previously handled all roles. With this partnership, Anduril will be able to leverage its expertise in artificial intelligence-powered drones to enhance the capabilities of IVAS.

Jolla Unveils Private AI Assistant to Disrupt Cloud Giants Δ1.73

Jolla, a privacy-centric AI business, has unveiled an AI assistant designed to provide a fully private alternative to data-mining cloud giants. The AI assistant integrates with apps and provides users with a conversational power tool that can surface information but also perform actions on the user's behalf. The AI assistant software is part of a broader vision for decentralized AI operating system development.

Ransomware Dominates Cybersecurity Threats in 2024 Δ1.72

The modern-day cyber threat landscape has become increasingly crowded, with Advanced Persistent Threats (APTs) becoming a major concern for cybersecurity teams worldwide. Group-IB's recent research points to 2024 as a 'year of cybercriminal escalation', with a 10% rise in ransomware compared to the previous year, and a 22% rise in phishing attacks. The "Game-changing" role of AI is being used by both security teams and cybercriminals, but its maturity level is still not there yet.

Broadcom Inc. (AVGO) Goes Up on Friday Δ1.72

Broadcom Inc. (NASDAQ:AVGO) added 8.64 percent to close at $194.96 per share, outperforming the broader market and its peers, as investors celebrated its stellar first-quarter earnings report that fueled hopes for huge demand from Artificial Intelligence. The company's net income surged 315 percent to $5.5 billion, driven by strong growth in AI semiconductor solutions and infrastructure software. Broadcom Inc.'s President and CEO Hock Tan expressed confidence in the continued strength of AI semiconductor revenue.

Broadcom (AVGO): Early Manufacturing Tests with Intel Signal AI Chip Expansion Δ1.72

Broadcom Inc. is set to begin early manufacturing tests for its AI chip expansion in partnership with Intel, signaling a significant development in the company's AI capabilities. The collaboration aims to accelerate the development of artificial intelligence technologies, which are expected to play a crucial role in various industries, including healthcare and finance. As Broadcom continues to expand its AI offerings, it is likely to strengthen its position in the market.

Jim Cramer on CrowdStrike Holdings, Inc. (CRWD): ‘I Think That Crowdstrike Is Up’ Δ1.72

Jim Cramer expressed optimism regarding CrowdStrike Holdings, Inc. during a recent segment on CNBC, where he also discussed the limitations he encountered while using ChatGPT for stock research. He highlighted the challenges of relying on AI for accurate financial data, citing specific instances where the tool provided incorrect information that required manual verification. Additionally, Cramer paid tribute to his late friend Gene Hackman, reflecting on their relationship and Hackman's enduring legacy in both film and personal mentorship.

The AI Industry Is Set for an Explosive Growth Spurt Δ1.72

The Stargate Project, a massive AI initiative led by OpenAI, Oracle, SoftBank, and backed by Microsoft and Arm, is expected to require 64,000 Nvidia GPUs by 2026. The project's initial batch of 16,000 GPUs will be delivered this summer, with the remaining GPUs arriving next year. The GPU demand for just one data center and a single customer highlights the scale of the initiative.

Microsoft Unveils Dragon Copilot Voice-Activated AI Assistant for Doctors Δ1.72

Microsoft wants to use AI to help doctors stay on top of work. The new AI tool combines Dragon Medical One's natural language voice dictation with DAX Copilot's ambient listening technology, aiming to streamline administrative tasks and reduce clinician burnout. By leveraging machine learning and natural language processing, Microsoft hopes to enhance the efficiency and effectiveness of medical consultations.

AI Giant OpenAI Ups the Ante with $20,000 AI Agents Δ1.72

OpenAI is making a high-stakes bet on its AI future, reportedly planning to charge up to $20,000 a month for its most advanced AI agents. These Ph.D.-level agents are designed to take actions on behalf of users, targeting enterprise clients willing to pay a premium for automation at scale. A lower-tier version, priced at $2,000 a month, is aimed at high-income professionals. OpenAI is betting big that these AI assistants will generate enough value to justify the price tag but whether businesses will bite remains to be seen.

Cloud Giants Bet Big on AI as Data Center Spending Soars Δ1.71

The cloud giants Amazon, Microsoft, and Alphabet are significantly increasing their investments in artificial intelligence (AI) driven data centers, with capital expenditures expected to rise 34% year-over-year to $257 billion by 2025, according to Bank of America. The companies' commitment to expanding AI capabilities is driven by strong demand for generative AI (GenAI) and existing capacity constraints. As a result, the cloud providers are ramping up their spending on chip supply chain resilience and data center infrastructure.

OpenAI, Oracle Eye Nvidia Chips Worth Billions for Stargate Site Δ1.71

OpenAI and Oracle Corp. are set to equip a new data center in Texas with tens of thousands of Nvidia's powerful AI chips as part of their $100 billion Stargate venture. The facility, located in Abilene, is projected to house 64,000 of Nvidia’s GB200 semiconductors by 2026, marking a significant investment in AI infrastructure. This initiative highlights the escalating competition among tech giants to enhance their capacity for generative AI applications, as seen with other major players making substantial commitments to similar technologies.

Mistral Ai Emerges as a Contender Against Openai Δ1.71

Mistral AI, a French tech startup specializing in AI, has gained attention for its chat assistant Le Chat and its ambition to challenge industry leader OpenAI. Despite its impressive valuation of nearly $6 billion, Mistral AI's market share remains modest, presenting a significant hurdle in its competitive landscape. The company is focused on promoting open AI practices while navigating the complexities of funding, partnerships, and its commitment to environmental sustainability.

Hedge Fund Secrets: Unlocking Alpha in AI Stocks. Δ1.71

NVIDIA Corporation's (NASDAQ:NVDA) recent price target hike by Morgan Stanley highlights the growing interest in AI stocks among institutional investors. The company's dominance in the graphics processing unit (GPU) market and its expanding presence in the artificial intelligence (AI) space have made it a top pick among hedge funds. As AI continues to transform industries, NVIDIA is poised to reap significant benefits from its innovative technologies.

Norton 360 Genie Scam Protection Δ1.71

The new Genie Scam Protection feature leverages AI to spot scams that readers might think are real. This helps avoid embarrassing losses of money and personal information when reading text messages, enticing offers, and surfing the web. Norton has added this advanced technology to all its Norton 360 security software products, providing users with a safer online experience.

Firm Says AI-Assisted Security Analyzer Found 16 Bugs in OpenRISC CPU Core in Under 60 Seconds Δ1.71

Caspia Technologies has made a significant claim about its CODAx AI-assisted security linter, which has identified 16 security bugs in the OpenRISC CPU core in under 60 seconds. The tool uses a combination of machine learning algorithms and security rules to analyze processor designs for vulnerabilities. The discovery highlights the importance of design security and product assurance in the semiconductor industry.

Google Cloud Unveils New AI Protection Security Tools, No Matter Which Model You Use Δ1.71

Google Cloud has launched its AI Protection security suite, designed to identify, assess, and protect AI assets from vulnerabilities across various platforms. This suite aims to enhance security for businesses as they navigate the complexities of AI adoption, providing a centralized view of AI-related risks and threat management capabilities. With features such as AI Inventory Discovery and Model Armor, Google Cloud is positioning itself as a leader in securing AI workloads against emerging threats.

Partnering with AI Giants Could Revolutionize Banking and Insurance Δ1.71

Palantir Technologies Inc. (PLTR) has formed a strategic partnership with TWG Global to transform AI deployment across the financial sector, focusing on banking, investment management, insurance, and related services. The joint venture aims to consolidate fragmented approaches into a unified, enterprise-wide AI strategy, leveraging expertise from two decades of experience in defense, government, and commercial applications. By embedding AI into its operations, TWG Global has already seen significant benefits, including enhanced compliance, customer growth, and operational efficiency.

The Ai Chatbot App Gains Global Momentum as Deepseek Surpasses U.s. Competition Δ1.71

DeepSeek has broken into the mainstream consciousness after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek's AI models, trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its lead in the AI race and whether the demand for AI chips will sustain. The company's ability to offer a general-purpose text- and image-analyzing system at a lower cost than comparable models has forced domestic competition to cut prices, making some models completely free.

Softbank on Verge of $16 Billion Ai Investment Δ1.71

SoftBank Group's CEO Masayoshi Son plans to borrow $16 billion to invest in Artificial Intelligence (AI), according to sources cited by The Information tech news website. This investment would complement SoftBank's existing $15 billion commitment to Stargate, a joint venture aimed at bolstering the US's global AI lead. By expanding its AI investments, SoftBank seeks to further solidify its position within the rapidly evolving technology sector.

The Ai Arms Race Heats Up: Tencent Unveils Model that Outdoes Deepseek Δ1.71

Tencent Holdings Ltd. has unveiled its Hunyuan Turbo S artificial intelligence model, which the company claims outperforms DeepSeek's R1 in response speed and deployment cost. This latest move joins a series of rapid rollouts from major industry players on both sides of the Pacific since DeepSeek stunned Silicon Valley with a model that matched the best from OpenAI and Meta Platforms Inc. The Hunyuan Turbo S model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek's eponymous chatbot.

Tech Giant Google Discloses Scale of AI-Generated Terrorism Content Complaints Δ1.71

Google has informed Australian authorities it received more than 250 complaints globally over nearly a year that its artificial intelligence software was used to make deepfake terrorism material, highlighting the growing concern about AI-generated harm. The tech giant also reported dozens of user reports warning about its AI program Gemini being used to create child abuse material. The disclosures underscore the need for better guardrails around AI technology to prevent such misuse.

Stripe Ceo Says Ai Startups Are Growing Faster than Saas Ever Did and Calling Them Wrappers ‘Misses’ Δ1.71

Stripe's annual letter revealed that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. The top 100 AI companies achieved $5 million in annualized revenue in 24 months, compared to the top 100 SaaS companies taking 37 months to reach the same milestone. Stripe CEO Patrick Collison attributes this growth to the development of industry-specific AI tools that are helping players "properly realize the economic impact of LLMs."

Palantir Gains Premarket as Wedbush Sees Government Contract Momentum Δ1.71

Palantir Technologies is gaining momentum after analysts at Wedbush Securities reiterated its Outperform rating, citing potential gains in government contracts and IT budget allocations. The company's expertise in artificial intelligence-driven technologies has aligned well with the efficiency-driven projects of the U.S. Department of Defense. Palantir's involvement in high-priority military programs less likely to be subject to budget cuts positions the business to grab a bigger portion of IT contracts.