All articles by Refna Tharayil
Refna Tharayil
UK ICO slaps Advanced Computer Software with £6m fine for data breach
The decision comes after an initial finding by ICO that the British software company failed to implement adequate measures to protect the personal data of 82,946 individuals, including sensitive information.
US DOC to award up to $450m funding to SK hynix for Indiana chip facility
To be granted under the CHIPS and Science Act, the financing will enable the semiconductor company to establish a HBM advanced packaging fabrication and R&D facility in Indiana
IBM integrates generative AI into TDR services to boost cybersecurity
Dubbed IBM Consulting Cybersecurity Assistant, the new features are built on the watsonx data and AI platform and it is designed to expedite and augment the identification, investigation, and response to critical security threats
Lumen secures deals worth $5bn amid AI-driven fibre demand
Lumen Technologies has established a new Custom Networks division to manage its portfolio of private connectivity fabric solutions
Lloyds Banking appoints former AWS executive Rohit Dhawan to lead AI strategy
As the AI director, Dhawan will take the lead of the British financial services company’s AI Centre of Excellence, which unites experts in data science, behavioural science, machine learning (ML) engineering, advanced analytics, and AI ethics
Infineon to slash 1,400 jobs globally and relocate 1,400 positions
The job cuts will involve reducing several hundred roles at the semiconductor company’s plant in Regensburg, Germany, a move that has been previously announced.
Character.AI and Google ink licensing agreement for LLM technology
Under the new agreement, the Alphabet subsidiary will provide additional funding to Character.AI for supporting the latter in expanding and developing tailored AI products for its global users.
EC approves HPE’s $14bn acquisition of Juniper Networks
The EC probed into the impact of the transaction across several markets, including the global market for wireless local area network (WLAN) equipment, the global market for wireless access points (WAPs), the EEA-wide market for Ethernet campus switches, and the global market for data centre switches
Intel to reduce workforce by 15%, leaving about 15,000 redundant
The American semiconductor company reported a loss of $1.65bn for Q2 2024, compared to net income of $1.5bn in the same quarter of the previous year
Google expands Gemma 2 family with new models and tools
The tech giant’s new additions aim to enhance safety and accessibility, aligning with its focus on responsible AI development.