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Virsec raises $24 million

San Jose, California-based cybersecurity technology company Virsec has closed a $24 million Series B funding round. The investment was led by BlueIO, with participation from Artiman Ventures, Amity Ventures, Raj Singh, and Boston Seed Capital.

Virsec has a portfolio of patents with more than 20 applications filed and 12 already granted, said the company in a statement. The company is working on technology to protect applications from the inside, protecting processes in memory and pinpointing attacks in real-time, within any application.

[Image courtesy: Virsec]

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Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.

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Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.

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Mustafa Suleyman, chief executive of Microsoft AI, said during a talk at TED 2024 that AI is the newest wave of creation since the start of life on Earth, and that “we are in the fastest and most consequential wave ever,” writes Britney Nguyen in Quartz.

It’s baaack! Microsoft and IBM open source MS-DOS 4.0 — ZDNet

Microsoft and IBM have joined forces to open-source the 1988 operating system MS-DOS 4.0 under the MIT License, writes Steven Vaughan-Nichols.