Columbus, OH

Cisco plans to purchase a startup led by a former Harvard computer science and mathematics professor to enhance the security of AI applications and infrastructure. The San Jose, California-based networking giant said its proposed acquisition of San Francisco-based Robust Intelligence will ensure secure deployment of AI technologies by safeguarding AI applications against emerging risks and protecting AI models throughout their life cycles. The company's automation and risk mitigation capabilities will help Cisco customers deploy AI while complying with industry standards.

Cisco Bolsters AI Security by Buying Robust Intelligence

Cisco unveiled plans to acquire Robust Intelligence and add the start-up’s AI security processing capabilities into its existing product range. Flagging its intended move, Cisco highlighted the use of Robust Intelligence’s products in its security cloud would increase protection for AI applications and models, while simplifying related operations for customers.

Cisco set to buy AI security specialist

Enterprises are leaning on cloud to satisfy a hunger for generative AI and machine learning capabilities, according to Foundry research published Tuesday. Migration rates rebounded this year, with 63% of respondents reporting accelerated cloud adoption over the last year, compared to 57% in 2023 and 63% in 2022. The market intelligence firm surveyed 821 global IT leaders charged with cloud procurement decisions in May for the 11th annual report.

Businesses default to cloud for generative AI, accelerate migrations

In honor of National Black Business Month, BET.com is spotlighting trailblazing Black entrepreneurs who are redefining success and paving the way for future generations. The tech industry has evolved dramatically since its early days, beginning with the development of fundamental computing technology and expanding into an era of rapid innovation and digital transformation. Black tech companies are growing and have played a pivotal role in this evolution.

Black Business Month: Black-Owned Tech Companies You Should Know About

Toyota has confirmed its network was breached after a threat actor listed a 240GB trove of data stolen from the company’s internal systems on an underground hacking forum. The Japanese car manufacturer admitted its systems had been compromised on Aug. 19, after a threat collective operating under the name ZeroSevenGroup said it breached one of the firm’s U.S. branches.

Toyota Faces Fifth Major Cybersecurity Breach in 2 Years

Cisco is a dominant networking force — arguably the most dominant — but it didn’t get there alone or overnight. In terms of sheer number of acquisitions, technology companies like Google, Oracle and Microsoft may have bigger totals, However, in the networking and data center world, Cisco boasts a long and rich history of acquiring companies that have helped it both solidify its leadership position in some categories and expand into new markets.

Cisco’s acquisition history has shaped its evolution

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Total Apex Sports & Entertainment

It's 2024: artificial intelligence is becoming more common and part of our everyday lives. Every day, a new AI model is being launched, but at what cost? This innovative development is causing massive strains on energy grids, pushing industry players to think of alternative solutions to power these models. Today, startups cannot cope with the cost of running data centers and often rely on large players to upscale their computing capability to run their models.

AI's Massive Energy Demands Prompt Search For Efficiency Solutions

PYMNTS

Cribl has raised $319 million in a Series E funding round to help enterprises “unlock the value” of their IT and security data. The round was led by GV (Google Ventures) and valued Cribl at $3.5 billion, which is 40% higher than its Series D round in 2022, Cribl said in a Wednesday (Aug. 28) blog post.

Google Ventures-Backed Cribl Raises $319 Million for ‘Modern Data Platform’

Is the end of the predominantly human-staffed call center nigh? Controversial San Francisco startup Bland AI, which seeks to automate enterprise phone calls with realistic-sounding AI agents that sometimes pretend to be human, today announced it has raised a $16 million Series A funding round. Scale Venture Partners led the...

Bland AI scores $16M to automate enterprise phone calls with agents

Ogden, UT

Having spent nearly two decades at Zions Bank, Tami Fisher aims to apply her technology strategy experience to her C-suite role at a smaller Utah lender. Fisher is the recently appointed chief information officer at $1.5 billion-asset TAB Bank, based in Ogden, Utah. TAB, founded in 1998, started by serving the transportation industry, but has since expanded to catering to small businesses and consumers.

TAB Bank’s CIO looks to optimize the ‘sweet spot’

Business Insider

BI spoke to four companies that recruit for AI jobs to learn the basic skills needed for these roles and how candidates can stand out.

The basic qualifications for a job in AI and how to stand out, according to recruiters

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Asteroid Ceres aligns with Capricorn in the Gemini Last Quarter Moon. Its energy will help certain zodiac signs forgive their loved ones and stop keeping grudges. They will be determined to soldier on while nurturing love. Mercury will be in Leo on August 28 as its retrograde period ends. Venus will enter Libra on Thursday, helping various signs to forget their past. Read on to learn how the transitions will affect your romantic connection.

3 Zodiac Signs Whose Relationships Will Improve | August 26- September 1

Axios

Cribl, a San Francisco-based data infrastructure startup, raised $319 million in Series E funding led by GV at a $3.5 billion valuation. Why it matters: We rarely see rounds of this size anymore for Silicon Valley tech startups that aren't focused on artificial intelligence. In fact, Cribl's PR email to Axios explicitly said that it is not an AI company.

Cribl raises over $300 million to build data infrastructure

Many early cloud movers went with a "lift and shift" approach to their migrations. But this strategy has proved inefficient and expensive, consultants told us. Now, enterprises are redoing their deployments with a focus on efficiency and a little help from AI. Call it a mulligan. Companies that were on...

Early leaders are now redoing their cloud migrations

Enterprises have big plans for this year as IT budgets grow larger and initiatives become more intertwined with the business's overall success. Yet tech leaders still grapple to turn strategy into action. Less than half of enterprises reach the majority of the strategic goals IT leaders set out to achieve,...

3 ways CIOs can turn strategy into execution

The tie-up comes a week after Uber announced Cruise’s robotaxis would join the Uber app in 2025. It’s the latest in a series of autonomous driving technology partnerships that Uber has secured over the past couple of years. Details about Uber’s partnership with Wayve are scant, but the...

UK’s Wayve secures strategic investment from Uber to further develop self-driving tech

Defense News

The firm will use its digital engineering platform to modify and certify a drone — in this case, Lockheed Martin Skunk Works' X-56A.

Lockheed, Istari partner to demonstrate digital aircraft certification

Wisconsin State

Illinois State

Schnuck Markets announced Tuesday it has named Kim Gray, a former Ahold Delhaize executive, as its new chief merchant. Gray succeeds Ryan Cuba, who is becoming the supermarket chain’s first-ever chief growth officer. Both Gray and Cuba begin their new roles on Sept. 2 and will be members of...

Schnucks taps former Ahold Delhaize exec as chief merchant

The Hill

Leading artificial intelligence (AI) companies OpenAI and Anthropic have signed agreements with the U.S. government for their AI models to be used for research, testing and evaluation, the National Institute of Standards and Technology (NIST) announced Thursday. As a result of the agreement, the U.S. AI Safety Institute will be allowed access to the company’s…

OpenAI, Anthropic reach AI safety, research agreement with feds

NewsBreak

IBM accelerates hybrid AI with high-capacity mainframe chips

IBM unveiled two mainframe silicon enhancements to expand on-prem and hybrid cloud AI capabilities Monday. The company will roll out the Telum II chip and Spyre...

IBM accelerates hybrid AI with high-capacity mainframe chips

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