The wire

Add another member to the fast-and-furious AI unicorn club: Simile.

The advance reflects IBM’s continued progress toward machines powerful enough to challenge today's cryptography.

Amid soaring energy demand from AI data centers, Antora says it will use its new capital to speed up deployment of “large-scale” projects across the country.

Every time a Mastercard gets tapped, the network has less than a tenth of a second to judge how likely the purchase is to be fraudulent. It made that call across 175 billion transactions last year. Now the buyer on the other side of that judgment is starting to change, and Greg Ulrich, the company's chief AI and data officer, spelled out the consequence for the VB Transform 2026 audience in Menlo Park on July 14. "We've built a bunch of risk rules over time that were intended to stop a bot from transacting," Ulrich said. "Now we need to enable the bot to transact, so that requires a change to our risk framework and our risk rules." Ulrich joined Mastercard eleven years ago when an analytics company he worked at was acquired, and said trust struck him from day one on the job. "It's what ena…

Regulators accuse the telehealth company of sharing sensitive health information with advertising platforms including Meta and Snap despite promising users privacy.

Ark Invest sold shares of Bitmine, Robinhood, Bullish, and Block during Wednesday's pullback in crypto equities, while continuing to add to Coinbase and Circle.

The deal gives Okta identity threat detection capabilities as enterprises seek to secure AI agents and other non-human identities across cloud environments.

There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years.

The company argues the law's definition of "nudification" is so broad it would make shirtless men and swimwear photos illegal—and wants a federal court to stop it before Saturday.

The eSafety Commissioner accused the social media platform of failing to detect material relating to the Christchurch and Buffalo attacks.

Commonwealth Fusion Systems raised $1 billion as the startup moves toward its first commercial fusion power plant.

JEDDAH — Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman sent cables of condolences to Emperor Naruhito of Japan following the earthquake that struck Kumamoto Prefecture in southwestern Japan, resulting in deaths, injuries, and missing persons. In his message, King Salman expressed his deepest condolences and heartfelt sympathy to the emperor, the families of the deceased, and the people of Japan. He also prayed for the safe return of the missing, a speedy recovery for the injured, and that Japan be spared any further harm. Crown Prince Mohammed bin Salman also conveyed his sincere condolences and sympathy to Emperor Naruhito, expressing sorrow over the tragedy and extending his support to the families of the deceased and the people of Japan. The Crown Pr…

The Disrupt Stage is where many of the biggest conversations in technology happen, with a legacy that stretches back for more than a decade.

Activist Samuel Tunick said his prosecution is meant to set a precedent against privacy and "intimidate people."

Crunchbase News talks with former NEA partner Vanessa Larco about how she evaluates startups based on founder potential rather than initial ideas and how she looks for teams that leverage AI to make products dramatically faster, cheaper, or easier to use.

London-based Inforcer just closed a $50 million Series C round led by Insight Partners.

The Series A was led by Khosla Ventures, with participation from Allianz, Rebel Fund, Brick and Mortar Ventures’ Darren Bechtel, and Y Combinator’s Garry Tan.

RIYADH — More than 6,500 BMW vehicles have been recalled by the Ministry of Commerce due to a defect in the driver's seat wiring harness that may cause an electrical short circuit, increasing the risk of smoke emission or a vehicle fire. The recall affects 6,574 BMW 5 Series and 7 Series vehicles from the 2023–2025 model years. The Ministry urged owners to verify whether their vehicles are included in the recall by checking their Vehicle Identification Number (VIN) through Recalls.sa. Customers were also urged to contact Mohammed Yousuf Naghi Company to have the necessary repairs carried out free of charge.