UK banks absent from AI security project as consumer trust declines
UK banking is at a crossroads, with a new AI security tool being adopted by 200 organizations but notably not by British banks.
» readChina’s new most valuable listed company makes phone memory chips
CXMT, formerly known as ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported, valuing the Hefei firm at 3.28 trillion yuan, or about $485 billion.
» readModern security threats merge physical and digital risks
Criminals have moved from using lock-picking tools and crowbars to employing phishing links, malware, and digital exploits to target products, systems, and networks.
» readMultiverse raises Series C funding for AI compression tool that shrinks models by 95%
The company announced a Series C funding round co-led by Forgepoint Capital International, the BNPP Solar Impulse Venture Fund, and Bullhound Capital.
» readEuropean space startup seeks at least $300mn for reusable capsule
The Exploration Company, a Munich-based startup building what it describes as Europe’s first reusable space capsule, is in talks to raise at least $300mn, according to the Financial Times.
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