Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora … Read more
Generative AI apps have seen tremendous growth in both downloads and in-app revenue in the first half of 2025, a report from market intelligence firm Sensor Tower said. Users downloaded Gen AI apps 1.7 billion times, compared to 1 billion in H2 2024. These apps doubled in-app revenue, bringing in $1.87 billion in H1 2025, … Read more
AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn’t yet final and terms could change. Groq raised $640 million at a $2.8 billion valuation in August 2024, making this double the valuation in about a year. Groq previously … Read more
American warfighters need jam-proof communications, and the Space Force is planning to spend hundreds of millions to ensure they have them. As part of that effort, the service established the Protected Tactical Satcom program to build out secure battlefield communications via satellites. The Space Force has already awarded contracts to defense primes Boeing and Northrop … Read more
The U.K. government is reportedly backing down from its earlier demand that Apple builds a secret backdoor allowing its authorities access to customer data worldwide, following a harsh rebuke from the U.S. government. But one U.S. senator wants to know if other tech giants, like Google, have also received secret backdoor demands from the U.K. … Read more
Golden Dome, the Trump administration’s gambit to build a next-generation missile defense system, has startups and longstanding defense contractors preparing to duke it out for a piece of a $151 billion multi-year contract. The process to qualify for the $151 billion contract vehicle, essentially an umbrella program, is stacked against most startups – not because … Read more
Waymo said it plans to launch a robotaxi service next year in Dallas, the latest city to be added to the Alphabet-owned company’s growing commercial footprint that already includes Los Angeles and San Francisco. This time around, Waymo is partnering with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles. Avis … Read more
Julius AI, a startup that describes itself as an AI data analyst, announced it has raised a $10 million seed round led by Bessemer Venture Partners. Horizon VC, 8VC, Y Combinator, the AI Grant accelerator participated in the round along with several high-profile angel investors, including Perplexity CEO Aravind Srinivas, Vercel CEO Guillermo Rauch, and … Read more
With demand for AI-powered browsers on the rise, Microsoft on Monday launched a new feature in its Edge browser called Copilot Mode, which allows users to browse the web while being assisted by AI. The idea is that the AI can become a helper that can understand what the user is researching, predict what they … Read more
Flights across Russia have been grounded after a cyberattack hit the country’s largest airline, Aeroflot, on Monday. Details of the cyberattack remain limited, but a pro-Ukrainian hacker group known for targeting Russian organizations called Silent Crow took credit for the cyberattack alongside Belarusian hackers, citing Russia’s occupation of Ukraine. The group said in a Telegram … Read more
