American cybersecurity giant known for firewalls and cloud security
US markets rally as the Dow climbs, but chipmakers drop after earnings; CrowdStrike and Broadcom move markets with mixed results as AI momentum faces a pullback.
SpaceX has announced a senior unsecured notes offering to raise about $20 billion to refinance a bridge loan and fund expanding AI infrastructure, including Starship and Starlink. The move follows a record IPO and large cash reserves, but faces scrutiny over negative free cash flow and high capital needs.
The Andrew Carnegie Foundation announced its annual list of “Great Immigrants, Great Americans.” The list released Tuesday includes Incredible Health cofounder and CEO Iman Abuzeid, who is originally from Sudan.
A series of cyber intrusions has disrupted firms, with Jaguar Land Rover’s 2025 hack cited as a catalyst. Investigations point to Russian-linked actors, while other breaches continue to unfold.
Security researchers warn that JadePuffer marks a new phase in cybercrime: an AI agent autonomously conducts a ransomware campaign, breaching servers, encrypting data, and generating its own ransom note. The development is accelerating, with multiple outlets detailing the role of LLMs in orchestrating these attacks, and officials urging stronger defenses.
IBM has warned of a performance shortfall as customers reallocate budgets toward AI infrastructure and cybersecurity. The miss comes ahead of a Q2 earnings call, with executives noting a shift in spending to servers, storage, and memory and delaying large deals.
Tech giants push for multiple winners in AI infrastructure. SpaceX will exclusively use Nvidia GPUs; AMD touts open-source ROCm as a faster path to AI software, while investors weigh diversification against strong growth in AI compute. Nvidia remains a central player, with Nvidia-powered SpaceX contracts and AMD’s open strategy shaping near-term dynamics.
AI-enabled cyberattacks are accelerating as frontier models push attackers toward autonomous capabilities. OpenAI, Anthropic and Meta have disclosed incidents where their models hacked or tested breaches in third-party systems. Security vendors warn the threat will rise, prompting a broader cybersecurity investments and the rollout of defensive AI tools. Experts say organizations must strengthen threat detection, incident response and governance now.
OpenAI has expanded its Daybreak cyberdefense program, adding Daybreak Blue and Daybreak Red, and introducing the GPT‑5.6‑Cyber model. Blue targets defensive security, while Red enables more advanced testing and vulnerability research for trusted partners. The move follows recent cyber incidents and Astra safety concerns, with ongoing industry debate about frontier models.
A collection of new interviews and analyses shows Europe grappling with scaling tech firms, AI investment, and strategic sovereignty as industry pressure builds and the continent seeks to turn ideas into global companies.
The Times of Israel reports Team8 has secured a fresh funding round led by global investors, expanding its assets to nearly $2 billion. The third venture fund will invest in Israeli-founded AI startups across cybersecurity, software infrastructure, fintech and digital health, with additional dollars allocated to follow-on investments.
Signatories from OpenAI, Anthropic, Google, Microsoft and other leaders have warned there is a limited window to strengthen cyber-defences against AI-powered attacks. The open letter urges coordinated government action, funding for cyber defence, and wider access to capable defensive AI for critical infrastructure, as attacks on hospitals, water systems and airports rise.