Artificial Intelligence
Breaches at Shinhan, KB Kookmin, Hana and BNK Busan banks, with signs that AI automation tools were used, have exposed data on tens of thousands of customers and prompted President Lee Jae Myung to order an investigation.
Aravind Kumar
Author
Meta's Muse agent can search retailers, build a cart and complete payment after user approval. Walmart, Sephora and Best Buy are on board, Amazon has blocked it, and surveys show many shoppers remain wary.
Micron reported fiscal fourth-quarter revenue of $54.23 billion, well above Wall Street's $51.07 billion estimate, and guided to about $61.5 billion for the current quarter. Full-year revenue rose to $133.19 billion from $37.38 billion as AI data centres absorbed record volumes of memory.
Apple says it will require more explicit user action before apps receive Full Disk Access on Macs, warning that increasingly capable AI agents make broad file access far riskier for users.
Two years after joining an $80 million rescue, Napster co-founder Sean Parker is helping reposition Stability AI as an AI toolmaker for music professionals, backed by Sony, Warner and Universal, which have licensed their catalogues.
Berlin-based Restate, founded by members of the team behind open-source stream processor Apache Flink, has raised a $20 million Series A led by Singular, with Redpoint Ventures and Capital One Ventures, to scale its durable execution engine for AI agents. Replit already uses it to run its coding agent.
Palo Alto-based CScale has exited stealth with a $145 million Series C led by Atreides Management, with Valor Equity Partners and Premji Invest as co-leads and Nvidia and Intel Capital as new strategic investors. The startup is building fault-tolerant optical links for AI systems spanning dozens of racks.
Romanian startup Kyndred has closed a €500,000 pre-seed round from Early Game Ventures to build AI companions with persistent memory, voice and facial animation. Its first companion, Maya, passed 150 paying users within three months.
SiMa.ai, the physical AI chip and software company founded by Krishna Rangasayee, has raised $150 million in a Series C co-led by Fidelity and Amplify Partners, valuing it at $1.45 billion and taking total funding to $500 million.