tech:

taffy

Microsoft, Amdocs Software Sign Patent Agreement

[Techtaffy Newsdesk]

Microsoft has signed a patent cross-license agreement with Amdocs Software Systems. The patent agreement provides mutual access to each company’s patent portfolio, including a license under Microsoft’s patent portfolio covering Amdocs’ use of Linux-based servers in its data centers. Although specific terms of the agreement are confidential, Microsoft indicated that Amdocs will pay Microsoft an undisclosed amount of money under the agreement.

Horacio Gutierrez (Corporate vice president and Deputy general counsel, Intellectual Property Group, Microsoft): This agreement with Amdocs adds to the more than 1,100 patent license agreements Microsoft has entered into over the last decade.

Since Microsoft launched its IP licensing program in December 2003, the company has entered into more than 1100 licensing agreements.

Just in

Wiz raises $1B

Cloud security company Wiz has raised $1 billion in a funding round.

Augment raises $227M 

Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.

Dropzone AI raises $16.85M

Dropzone AI, a company that delivers pre-trained autonomous AI analysts that work alongside human analysts on security operations teams, has raised $16.85 million in a Series A funding round.

Akamai to acquire Noname Security for $450M

Akamai Technologies has entered into an agreement to acquire San Jose, California-based, privately-funded API security company Noname Security, for approximately $450 million.

Ukraine unveils AI-generated foreign ministry spokesperson — The Guardian

Victoria Shi is modelled on Rosalie Nombre, a singer and former contestant on Ukraine’s version of the reality show The Bachelor, according to the report on The Guardian.