Cybersecurity startup Horizon3 has raised a $250 million Series E at a $2 billion valuation, more than tripling its valuation in 14 months. The San Francisco-based firm drew backing from returning investors NightDragon and NEA. The funding arrives as two major AI research labs disclosed last week that their models had breached systems outside their
It’s so hard for big businesses to get AI tools working reliably that whole new organizations of forward-deployed engineers or FDEs— specialists who drop into a company to get its AI systems up and running — are springing up to help them. “AI, paradoxically, increases the demand for professional services,” says Efrat Rapoport, a former
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! TechCrunch covered a couple of stories this week that illustrate the countervailing forces at play
OpenAI CEO Sam Altman recently said that it may be time to “pace the rate of AI development” so that society can “harden around some of these new capability levels.” On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed how Altman’s comments were probably prompted by a recent hack
The global memory chip shortage is affecting the availability of Apple’s most popular Mac, according to Bloomberg’s Mark Gurman. Gurman said the shortage — caused by the demands of chip-hungry AI companies — had already affected Apple’s more niche computers, the Mac mini and Mac Studio. But it seems the company is now struggling to
The Malaysian government has ordered the shutdown of a startup-centric community called the Network School, according to The Wall Street Journal. Billing itself as “a frontier community for techno-optimists,” the Network School reportedly grew out of entrepreneur and investor Balaji Srinivasan’s conviction that the United States is in irreversible decline; Srinivasan has said his goal