Vicarius lands $30M for its AI-powered vulnerability detection tools

"speakable-summary" dir="ltr">If the pitches reaching my inbox are any indication, one of the hot new things in generative AI is “copilots” for cybersecurity. Microsoft has one. Google, too. So does Vicarius, the vulnerability remediation platform — recently, it launched a text-gen

Vertice raises $25M for AI-based tools to help companies tackle software spend

When you say the phrase “expense management” in a business context, people might think of software like Concur that tracks what you spend on travel, entertainment and other work-related activities; or the software used by finance teams to help track outgoings across the wider operation.

Infield wants to make open source dependency management trivial

Virtually every application today relies on dozens — and sometimes hundreds — of open-source components. Many of those get updated at a rapid clip in order to introduce new features and to fix security issues (or the maintainers stop updating them, leaving security holes unfixed), but t

Snyk acquires Helios to bolster its AppSec platform

Snyk, the well-funded developer-focused security company, today announced that it has acquired Helios, a Tel Aviv-based startup that helps developers troubleshoot and understand their microservices in production. Snyk will use Helios to bolster its recently launched AppRisk service, its application

Xyte stirs up $30M to enable any hardware maker to build subscription products

The hardware industry is under pressure these days: slower spending cycles from consumers and businesses, market saturation — not to mention innovation largely coming in the form of software at the moment — are all contributing to an overall decline in sales. Now, a startup has raised s

Pinecone’s vector database gets a new serverless architecture

For a long time, vector databases were a bit of a niche product, but because they are uniquely suited to provide context and long-term memory to large language models, everybody in the database space is now seemingly trying to bolt vector search onto their existing products as fast as possible. Mea

Microsoft launches a Pro plan for Copilot

Microsoft evidently envisions Copilot, the umbrella brand for its portfolio of AI-powered, content-generating technologies, becoming a significant future revenue line-item. And that’s perhaps not far off base; according to the company, more than 40% of the Fortune 100 participated in its Copi

LG opens its first US EV charging factory in Texas 

LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV charging market.  Its new EV charging station factory, spanning 59,202 square feet, has the capacity to

Google to help build the first subsea cable directly connecting South America with Asia-Pacific

Google is set to build a new subsea cable connecting Chile with Australia, via French Polynesia — the first such cable to directly connect South America with Asia-Pacific. Dubbed “Humboldt,” after German polymath and explorer Alexander von Humboldt, the new cable is the latest in

Generative AI isn’t a home run in the enterprise

Generative AI gets a lot of press, from image-generating tools like Midjourney to Runway to OpenAI’s ChatGPT. But businesses aren’t convinced of the tech’s potential to positively affect their bottom lines; at least that’s what surveys (and my colleague Ron Miller’s re

Google says it’ll stop charging fees to transfer data out of Google Cloud

Google today announced that it’ll stop charging Google Cloud customers a fee to migrate their data to another cloud provider or on-premise data center, effective immediately. Customers using Google Cloud services including BigQuery, Cloud Bigtable, Cloud SQL, Cloud Storage, Datastore, Filesto

Returnmates, now Sway, bags $19.5M Series A to manage e-commerce returns

Processing returns is a big job for retailers. Total returns for the industry amounted to $743 billion in merchandise in 2023, according to the National Retail Federation and Appriss Retail. Retailers have tried making it easier for customers to return items. For example, Amazon partnered with Kohl

Harness acquires Armory

Software delivery platform Harness today announced that it has acquired the assets of Armory, a continuous deployment startup built on top of the open source Spinnaker project. As Harness CEO and founder Jyoti Bansal told me, the acquisition price was about $7 million in cash. In total, Armory had

Google Cloud rolls out new GenAI products for retailers

Google wants to inject a little generative AI into retail. Or to try, at least. To coincide with the National Retail Federation’s annual conference in NYC, Google Cloud today unveiled new GenAI products designed to help retailers personalize their online shopping experiences and streamline th