Data security company Cyera, which recently raised $600 million at a $12 billion valuation, announced Tuesday that it has signed a letter of intent to acquire Oasis Security for approximately $1 billion in a deal that is expected to be paid primarily in cash, with the remainder in Cyera stock. Oasis focuses on non-human identities,
OpenAI CEO Sam Altman says it may be time to “accelerate” AI development so the world is ready for it. “We may have to accelerate the pace of AI development to give ourselves enough time for society to harden around some of these new levels of capability,” he told Patrick O’Shaughnessy, host of the Invest
Spur Intelligence, a Lake Mary, Florida-based cybersecurity startup, has raised a $200 million round led by Insight Partners. Spur, founded by two former Department of Defense engineers in 2017, five years before the public launch of ChatGPT, was prescient. The startup’s technology helps companies distinguish legitimate human users from increasingly hidden bot traffic to help
Runlayer, a startup that offers a secure Model Context Protocol gateway, a standard to allow AI models and agents to securely obtain external data and tools, has filed a lawsuit against human resources software startup Rippling, according to the complaint seen by TechCrunch. The lawsuit is a warning to anyone selling AI infrastructure to enterprise
Ozlo, the sleep headphone startup from former Bose engineers, is launching its next device. On Tuesday, the company unveiled Sleepbuds 2, an updated version of its original product that addresses key areas of improvement, including battery life, connectivity and sound quality. The new model costs $279, a 12% increase over its predecessor. The launch marks
America’s largest power grid has struggled to cope with an onslaught of data centers. Now, after an auction to add more generation capacity failed, grid operator PJM Interconnection has said it will take data centers and other large users offline during power outages. The decision comes as the breakneck pace of data center construction has
