Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)
How hacker group TeamPCP exploited the open source trust model and distribution method to compromise and inject malware into over 1,000 software packages (Matt Kapko/CyberScoop)
Sources detail how Google is using Nvidia's playbook to build an AI chip business, including providing $3.2B to fund a NY data center renting TPUs to Anthropic (Wall Street Journal)
Nation-state hackers are increasingly using preinstalled software on low-cost home devices to create residential proxy networks and mask cyberattack traffic (Robert McMillan/Wall Street Journal)
Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (The Information)
Study: Mistral and other open-source AI models are among the weakest at filtering Russian disinformation; Mistral's top model ranks 47 out of 60 tested models (Andrew Jack/Financial Times)
Kuala Lumpur-based Respond.io, which uses AI agents to manage customer conversations, raised a $62.5M Series B led by Camber, following a $7M Series A in 2022 (Kate Park/TechCrunch)