Blitzy has raised $200 million at a $1.4 billion valuation to push fully autonomous enterprise software development. By mapping entire legacy codebases and coordinating thousands of AI agents, it promises faster modernization for heavily regulated, slow-moving industries worldwide.
Sierra’s US$950 million raise and US$15 billion valuation signal the acceleration of enterprise agentic AI. Backed by Tiger Global, GV, Sequoia and Benchmark, the company is moving customer service from call-centre queues to autonomous AI agents executing real workflows at global scale, very fast.
Instructure has confirmed that a criminal threat actor accessed Canvas user information and messages, while ShinyHunters claims a far larger education-sector data haul affecting millions of students, teachers, and institutions worldwide.
Blitzy has raised $200 million at a $1.4 billion valuation to push fully autonomous enterprise software development. By mapping entire legacy codebases and coordinating thousands of AI agents, it promises faster modernization for heavily regulated, slow-moving industries worldwide.
Sierra’s US$950 million raise and US$15 billion valuation signal the acceleration of enterprise agentic AI. Backed by Tiger Global, GV, Sequoia and Benchmark, the company is moving customer service from call-centre queues to autonomous AI agents executing real workflows at global scale, very fast.
Instructure has confirmed that a criminal threat actor accessed Canvas user information and messages, while ShinyHunters claims a far larger education-sector data haul affecting millions of students, teachers, and institutions worldwide.
Where cybersecurity meets innovation, the CNC team delivers AI and tech breakthroughs for our digital future. We analyze incidents, data, and insights to keep you informed, secure, and ahead. Sign up for free!
Stargate has become the clearest warning flare in the AI boom, as Norway, Australia and a handful of hyperscalers turn the race for compute into a high‑stakes battle over who will own, power and ultimately control the global inference economy.
The UK’s 2025/2026 Cyber Security Breaches Survey shows 43% of businesses and 28% of charities reported a cyber incident in the past year. The headline is not just persistence; it is operational exposure. Phishing remains the dominant route in, education is absorbing heavier pressure, and supplier-r
SAP npm packages poisoned with credential-stealing malware in "Mini Shai-Hulud" attack. Malicious preinstall hooks harvest GitHub tokens, cloud keys and CI/CD secrets. Attackers weaponise AI agent configs for persistence, turning Claude and VS Code settings into execution paths.
Medtronic says a third party accessed data in corporate IT systems, while ShinyHunters claims more than nine million records were stolen. The incident did not disrupt products or patient care, but it exposes the widening risk around corporate IT, identity data and medical technology supply chains.
Australia’s A$25bn AI wager, Bezos’s leap into “physical AI” and Musk’s push to shift data centres into orbit turned this week into a defining moment in the AI global industrial contest, with the Global South emerging as both proving ground and prize in the new AI steel age.
Vercel confirms a security incident after a compromised third-party AI tool's OAuth token allowed attackers to pivot into internal systems, exposing environment variables and API keys across its platform.
Anthropic is scrambling to contain fresh questions over its Mythos AI after online users reportedly accessed the ultra‑powerful model through previously mapped pathways, sharpening Pentagon supply chain concerns and spooking markets already on edge about AI‑driven cyber risk
According to Microsoft’s April 2026 Security Update Guide, the company fixed more than 160 vulnerabilities across Windows, Office and core services, including an actively exploited SharePoint zero‑day and a Defender privilege‑escalation flaw.
RISC-V pioneer SiFive has raised $400M in an oversubscribed Series G led by Atreides Management with Nvidia backing. Valued at $3.65B, the company is expanding into AI data centre CPUs via Nvidia's NVLink Fusion ecosystem.
Amsterdam-based Wonderful has raised $150M in a Series B round led by Insight Partners, valuing the enterprise AI agent platform at $2B. The funding will scale its hyper-local deployment model, which embeds teams with clients to accelerate AI adoption in complex industries across 30+ countries.
Ayar Labs has secured $500 million in a Series E round to scale its co-packaged optics technology. Backed by NVIDIA and AMD, the company is replacing traditional copper interconnects with light-based data transmission to solve the growing power and bandwidth crisis in AI data centres.
Vienna-based Flinn.ai has secured $20 million in a Series A round led by HV Capital to automate regulatory and quality compliance for medical device and pharmaceutical companies. The funding will fuel its expansion into the US market and extend its AI platform across the entire product lifecycle.
Apple’s new research paper dismantles the myth of AI reasoning, revealing that models from OpenAI, Anthropic, and Google collapse under complex tasks. Released ahead of WWDC 2025, the findings challenge billion-dollar AGI claims and expose the industry’s most persuasive illusion.
AI is reshaping Western defense, but with progress comes risk. Australia stands at a crossroads: lead in securing AI-driven military tech or risk importing vulnerabilities. As global powers weaponize algorithms, oversight, cooperation, and resilience are now mission-critical.
Cloudflare CEO Matthew Prince issues a stark warning about AI’s growing impact on web economics, revealing how zero-click search and AI scraping are threatening the sustainability of content creators and publishers across the internet.
Saudi Arabia’s bold $600 billion AI initiative, powered by U.S. tech leaders NVIDIA and AMD, transforms global tech alliances. With relaxed U.S. chip export rules boosting Gulf capabilities, the Global South must swiftly recalibrate strategies to compete in the new AI power landscape.
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