Lorenzo Franceschi-Bicchierai / TechCrunch:
How the FBI and Mandiant caught hacker Jesse Kipf, who sold access to systems he broke into and hacked Hawaii’s death registration system to fake his own death — Jesse Kipf was a prolific hacker who sold access to systems he hacked, had contacts with a notorious cybercrime gang …
Resolve AI, which is building AI tools to help software engineers troubleshoot and fix production issues, raised a $35M seed led by Greylock (Krystal Hu/Reuters)
Krystal Hu / Reuters:
Resolve AI, which is building AI tools to help software engineers troubleshoot and fix production issues, raised a $35M seed led by Greylock — Resolve AI, a startup aiming to automate software operations, has raised $35 million in seed funding from investors led by Greylock …
Sources: Peak XV cut its $2.85B fund by $465M, or ~16%, over a year after its Sequoia split, with most of the reduction coming in its growth-stage allocation (The Economic Times)
The Economic Times:
Sources: Peak XV cut its $2.85B fund by $465M, or ~16%, over a year after its Sequoia split, with most of the reduction coming in its growth-stage allocation — Venture capital firm Peak XV Partners, formerly Sequoia Capital India, has pared the size of its $2.85 billion fund by 16% …
Oracle plans to invest over $6.5B in Malaysia to set up a public cloud region, its first in the country and third in Southeast Asia, after two in Singapore (Danial Azhar/Reuters)
Danial Azhar / Reuters:
Oracle plans to invest over $6.5B in Malaysia to set up a public cloud region, its first in the country and third in Southeast Asia, after two in Singapore — Oracle (ORCL.N) plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday …
Nvidia details NVLM 1.0, a family of LLMs that is led by the 72B parameter NVLM-D-72B and can handle vision and language tasks while enhancing text-only tasks (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Nvidia details NVLM 1.0, a family of LLMs that is led by the 72B parameter NVLM-D-72B and can handle vision and language tasks while enhancing text-only tasks — Nvidia has released a powerful open-source artificial intelligence model that competes with proprietary systems from industry leaders like OpenAI and Google.
Numa, which uses AI to automate tasks for auto dealerships and has 600 customers in the US and Canada, raised a $32M Series B led by Touring Capital and Mitsui (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Numa, which uses AI to automate tasks for auto dealerships and has 600 customers in the US and Canada, raised a $32M Series B led by Touring Capital and Mitsui — Sometimes, a pivot ends up being the smartest decision company leaders can make. See Netflix’s pivot from DVDs to streaming …
Open-source Nintendo Switch emulator Ryujinx has been removed from GitHub, and its team has reportedly ceased development after Nintendo contacted its creator (Kyle Orland/Ars Technica)
Kyle Orland / Ars Technica:
Open-source Nintendo Switch emulator Ryujinx has been removed from GitHub, and its team has reportedly ceased development after Nintendo contacted its creator — GitHub removal comes months after a Nintendo lawsuit took down the Yuzu emulator. — Popular open source Nintendo Switch emulator Ryujinx …
Pig butchering operations that are offshoots of the Southeast Asian activity have emerged in the Middle East, Eastern Europe, Latin America, and West Africa (Wired)
Wired:
Pig butchering operations that are offshoots of the Southeast Asian activity have emerged in the Middle East, Eastern Europe, Latin America, and West Africa — Scamming operations that once originated in Southeast Asia are now proliferating around the world, likely raking in billions of dollars in the process.
Nym, which helps US healthcare providers automate the medical coding process, raised a $47M growth investment led by PSG, bringing its total raised to $92M (Gali Weinreb/Globes Online)
Gali Weinreb / Globes Online:
Nym, which helps US healthcare providers automate the medical coding process, raised a $47M growth investment led by PSG, bringing its total raised to $92M — Nym has automated the entire US healthcare medical coding process to deliver a faster, more cost-effective solution that outperforms traditional manual coding.
Sources: 11x.ai, which makes AI sales reps, raised a $50M Series B led by a16z, valuing it at ~$350M; source: a $24M Series A earlier in 2024 valued it at $90M (TechCrunch)
TechCrunch:
Sources: 11x.ai, which makes AI sales reps, raised a $50M Series B led by a16z, valuing it at ~$350M; source: a $24M Series A earlier in 2024 valued it at $90M — 11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned.
