#Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

#Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)…

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#Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

#Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy…

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#Matt Mullenweg deactivates WordPress contributor accounts over alleged fork plans

#Matt Mullenweg deactivates WordPress contributor accounts over alleged fork plans

Automattic CEO and WordPress co-creator Matt Mullenweg has deactivated the accounts of several WordPress.org community members, two of whom he says planned to spearhead a new fork of the open source WordPress project. While community criticism of WordPress’s governance isn’t new, the latest brouhaha kicked off back in September when Mullenweg publicly chastised WP Engine, a…

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#Elon Musk’s xAI lands B in new cash to fuel AI ambitions

#Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…

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#Google names new India chief

#Google names new India chief

Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market….

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#Microsoft’s M12 invests another .5M into NeuBird, months after its M seed round

#Microsoft’s M12 invests another $22.5M into NeuBird, months after its $22M seed round

Late last year, Gou Rao and Vinod Jayaraman founded NeuBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by today’s enterprises. “It’s very hard to find good site reliability engineers. There’s…

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