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Apollo discloses data breach from ongoing wave of attacks hitting financial sector

Apollo Global Management confirmed a breach of cloud platforms by BlackFile-linked social engineering attackers, exposing personal data including Social Security numbers.

Apollo Global Management disclosed that attackers accessed some of its cloud platforms between July 6 and July 10, 2026. The company determined on August 12 that compromised data included names, dates of birth, contact information, home addresses, and Social Security numbers. Google attributed the broader campaign against financial sector organizations to BlackFile, a threat group affiliated with The Com that operates extortion brands Redact, Pink, Helix, and Falcon. Apollo, which manages $1.05 trillion in assets, is the first victim to formally confirm sensitive personal data was compromised in this wave, with Blackstone and Bain Capital also reportedly targeted.

CyberScoop · 26d agoData breach in the wild

Mistral AI raises 3 billion euros in Europe's largest-ever tech funding round despite lagging behind rivals

Mistral AI closed a €3 billion Series D led by Samsung Electronics, valuing the lab at over €21 billion.

Mistral AI raised €3 billion in what it calls the largest equity round ever by a European tech company, lifting its valuation past €21 billion after ASML valued it near €12 billion in September 2025. Samsung Electronics leads the round with EQT's Scaleup Europe Fund and PSG Equity as co-leads; new investors include Advent, BlackRock-managed funds, and Luxembourg. The company also took an $830 million loan in March to fund its own data centers and serves 125+ enterprise customers including Airbus, ASML, and HSBC. Mistral Medium 3.5 trails open rivals like Qwen and Kimi and doesn't compete with top closed US models.

The Decoder · 8d agoAI industry1

Details emerge on BlackFile's recent attacks on financial companies

BlackFile (UNC6671), a The Com-linked extortion crew, keeps hitting financial and med tech firms with voice-phishing IT-support scams and ~$3 million demands.

Google Threat Intelligence Group (tracking BlackFile as UNC6671, linked to The Com) reports the extortion group remains active, shifting focus to the financial sector and med tech organizations, with new Redact-brand extortion demands issued last week. The group impersonates IT support in voice-phishing attacks using hundreds of recruited callers, targets large firms in what researchers call big-game hunting, and processes an average of 1.5 new victims daily. Extortion demands start around $3 million and are typically negotiated below $1 million; Flashpoint observed infrastructure targeting Blackstone, Bain Capital, Moody's, CME, and Apollo, though compromise is unconfirmed. Mandiant has responded to more than two dozen BlackFile compromises since January, and victims face escalation tactics including swatting.

CyberScoop · Aug 17, 2026Threat actor in the wild

The complex corporate web behind a $3.2 billion AI data center

Ars Technica probes diffuse accountability behind TeraWulf's $3.2B Lake Mariner AI data center after a June fire exposed safety and job gaps.

A June fire at the Lake Mariner data center in Somerset, New York exposed missing alarms, a nonfunctioning suppression system, and dry hydrants, highlighting how responsibility is split across TeraWulf (owner-operator), Fluidstack (operator), Google (lease guarantees and equity warrants), and Anthropic (compute customer). The article details local concerns over the gap between promised 165 permanent jobs and a projected 35-40, socialized grid costs, and Governor Hochul's moratorium on hyperscaler development. Anthropic's February 2026 pledge to cover electricity price increases applies to the site but leaves other commitments unverified.

Ars Technica · AI · 9d agoAI industry

NVIDIA AI Factory Compute Is Becoming an Investable Asset Class

NVIDIA partners with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion of third-party capital for AI infrastructure financing.

NVIDIA announced partnerships with major financial firms including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The independent financing platforms are designed to mobilize more than $500 billion of third-party capital to support AI infrastructure buildout. NVIDIA frames the move as positioning AI factory compute as an investable asset class.

NVIDIA Blog · Aug 12, 2026AI industry

HiddenLayer nabs $100M as enterprises rush to secure their AI deployments

AI security startup HiddenLayer raised a $100 million Series B led by Delta-v Capital as enterprise spending on securing AI deployments accelerates.

HiddenLayer, which protects AI models, agents, and workflows from adversarial attacks, vulnerabilities, and code injections, raised a $100 million Series B led by Delta-v Capital with participation from Ten Eleven Ventures, Morgan Stanley, Microsoft's M12, and Booz Allen Hamilton. The company says annual recurring revenue grew more than 10x to the tens of millions of dollars, with customers including the Department of Defense, the intelligence community, and a frontier model provider with over 700 million weekly users. Gartner estimates enterprise spending on AI security products will reach $2.83 billion in 2026, up 83% from 2025, and nearly $4.78 billion next year.

TechCrunch · Security · 14d agoIndustry1

AIUC Raises $40 Million to Certify Enterprise AI Agents

AIUC raised $40 million in Series A funding led by Ribbit Capital to expand its AIUC-1 standard certifying enterprise AI agents against security risks.

AIUC's Series A, led by Ribbit Capital with participation from First Harmonic, brings the company's total funding to $55 million. Its AIUC-1 standard tests AI agents against roughly 5,000 adversarial scenarios covering jailbreaks, prompt injections, hallucinations, anomalous behavior, and data leaks, with quarterly audits. Certified agents include Cursor, ElevenLabs, Fin, Harvey, KPMG, Lovable, and UiPath; the funds will extend audits, standards, and insurance to frontier models.

SecurityWeekupdated · 5h agofirst · 9h agoAI industry 2 sources

日本のビジネスパーソンを対象としたWiz調査で 「AI導入加速」はクラウド移行を上回ることが明らかに

Wiz survey of Japanese business professionals finds AI adoption outranking cloud migration and 60% planning AI security investment.

A Wiz survey of Japanese business people found that accelerating AI adoption now outranks cloud migration as a priority. At the same time, more than 80% feel behind in preparing for AI-driven cyber-attacks, and 60% plan to invest in AI security. The findings highlight a preparedness gap as organizations adopt AI faster than they secure it.

Wiz Blog · 22d agoIndustry

Cylake Raises $245 Million Ahead of Cybersecurity Platform Beta

Cylake, an AI-native sovereign security startup founded by Palo Alto Networks' Nir Zuk, raised $245 million, taking total funding to $290 million.

Security startup Cylake raised $245 million via a convertible note with participation from Lightspeed Venture Partners, Picture Capital, and Redpoint Ventures, six months after a $45 million Greylock-led seed. Founded by Nir Zuk, Wilson Xu, and Ehud Shamir, the 40-plus-employee company is building an on-premises/private-cloud AI-native security platform for governments and highly regulated enterprises. A beta is expected by the end of 2026 with general availability in 2027.

SecurityWeek · 8d agoIndustry

Mistral raises €3B

Mistral raised a Samsung-led €3B Series D at a €21B+ valuation — the largest European tech equity round — to scale compute and frontier AI research.

Mistral announced a €3 billion Series D at a post-money valuation above €21 billion, the largest equity round ever by a European technology company. Samsung Electronics led the round, with co-leads Scaleup Europe Fund (managed by EQT) and PSG Equity; new investors include Advent, BlackRock, and the Grand Duchy of Luxembourg. The company operates across 20 countries, serves 125+ enterprises including Airbus, ASML, and HSBC, and says funds will expand frontier research, compute capacity, and international growth.

Anthropic’s $2 trillion IPO puts powerful external trustees in spotlight

Anthropic's $2 trillion IPO spotlights its external trustee governance, removable only by an 85% shareholder supermajority that may shift post-listing.

Anthropic's reported $2 trillion IPO is drawing scrutiny of its unusual governance, in which external trustees guard the company's mission and can only be removed with 85% shareholder voting power, a threshold that could change once it goes public. Compared with OpenAI's 2023 board crisis, Anthropic's structure is seen as less risky because it includes a built-in mechanism for shareholder intervention. Early investors knowingly backed the structure, citing its safety emphasis, but experts including Harvard's Fried urge public-market investors to scrutinize and price these arrangements before IPOs.

Ars Technica · AI · 12d agoAI industry

Anthropic details distillation campaigns from Alibaba, Moonshot AI, and DeepSeek

Anthropic reports nearly 200 million Claude exchanges tied to distillation campaigns by Alibaba, Moonshot AI, and DeepSeek.

A new Anthropic report describes five distillation campaigns totaling nearly 200 million exchanges that extracted chain-of-thought traces from Claude to train competing models, targeting agentic tool use, coding, and reasoning capabilities. The largest campaign, attributed to Alibaba, accounted for 151 million exchanges between May and July 2026 across 3,500 accounts, peaking near three million exchanges per day, allegedly to produce training material for the Qwen model family. A Moonshot AI campaign routed roughly 300,000 requests over ten days through 5,000 accounts, primarily targeting Opus, including one task analyzing CCTV footage that appeared connected to the Chinese military. Attackers used prompt techniques, such as framing queries as katakana-only Japanese translation requests, to make Claude reveal its internal thinking traces.

TechCrunch · AIupdated · 10h agofirst · 6d agoAI safety & security 18 sources2

How law firm Gilbert + Tobin governs and scales AI with OpenAI

OpenAI details how law firm Gilbert + Tobin scales ChatGPT Enterprise and Codex firm-wide under CEO-led governance with human accountability.

OpenAI published a customer story describing Gilbert + Tobin's adoption of ChatGPT Enterprise and Codex across the law firm. The firm pairs executive-level commitment with formal governance and human accountability to expand AI use in legal workflows. The piece is a promotional case study, with no new product capabilities or research announced.

OpenAI News · 15d agoAI industry1

Mistral raises €3B as sovereign AI becomes big business

Mistral AI raised a €3B Series D at a €21B+ valuation, led by Samsung Electronics, to scale European compute capacity and sovereign AI services.

French AI lab Mistral AI raised €3 billion (~$3.58B) at a post-money valuation above €21 billion, which it calls the largest equity round ever completed by a European technology company. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and PSG Equity as co-leads; a16z, Nvidia, Salesforce Ventures, Advent, BlackRock, and Luxembourg also participated. The company plans to build 1 GW of European compute capacity by 2030, offer region-selectable query processing, and host third-party open-weight models as part of a sovereign AI strategy. Mistral operates in 20 countries and targets governments and enterprises seeking control over AI models and data residency.

TechCrunch · AI · 8d agoAI industry

Panic builds over bankrupt Spirit’s looming data sale to Google

Startups object to Google's bankruptcy-auction purchase of Spirit Airlines operational data, claiming proprietary IP is being sold without consent.

Google won an auction to acquire a large enterprise dataset from bankrupt Spirit Airlines, which it says will help improve its products and AI models, with no personal information included. Springshot, whose airline logistics platform powered Spirit's stack, filed a limited objection arguing the vaguely defined data categories could transfer third-party IP and trade secrets it owns; International Aero Engines filed a similar objection. The EFF called it the first public bankruptcy proceeding over selling company and employee data as an asset, and objectors warn of a precedent letting large companies acquire startup IP through bankruptcy courts.

Ars Technica · AI · 6d agoAI industry

Former Infosys chief’s AI startup nabs another $53M

Hang Ten Systems, founded by ex-Infosys CEO Vishal Sikka, added $53 million to its seed round, bringing total funding to $85 million.

The new round was led by Temasek's early-stage platform Xora with Mayfield participating, closing five weeks after the initial $32 million seed. Founded in May 2026, the Palo Alto startup advises enterprises with over $10 billion in annual revenue on AI strategy and builds production software using its in-house Hobie framework of reusable AI skills. It works with 21 major enterprises including Fresenius Kabi, Saudi Aramco, and Siemens Energy, and plans to expand engineering, consulting, and sales teams.

TechCrunch · AI · 10h agoAI industry

'Lake America' makes one thing clear: We can't trust U.S. tech companies

TVO opinion analysis argues the 'Lake America' dynamic shows foreign organizations can no longer trust US tech companies.

An opinion analysis argues that US tech companies can no longer be trusted by foreign customers, coining the framing 'Lake America'. The piece reflects growing concerns around data sovereignty and dependence on US cloud and software providers. No specific incident, breach, or vulnerability is described.

An Anthropic researcher’s doomsday warning comes at a very interesting time

An Anthropic researcher resigned warning the company is 'gambling with our lives' racing toward superintelligence, timed with its reported IPO preparation.

TechCrunch's Equity podcast discusses the resignation of an Anthropic researcher who warned on X that the company is 'racing straight to self-improving superintelligence and gambling with our lives'. The company's own alignment lead co-signed the message rather than walking it back. The hosts note the warning lands differently with Anthropic reportedly preparing for an IPO. The episode also covers Apple's AI-focused event, Stokes Space's $1 billion raise, Cognition raising $2 billion at a $48 billion valuation, and a $50 million seed round for floating nuclear reactors.

TechCrunch · AI · 5d agoAI industry1

Chinese AI firms are siphoning capabilities from American models, CISA warns

CISA, NSA and FBI warn Chinese AI firms including DeepSeek and Moonshot AI extracted billions of tokens from US frontier models via distillation campaigns.

A joint CISA, NSA and FBI advisory says China-based firms including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI have run industrial-scale knowledge distillation campaigns against US frontier models such as Claude, GPT, Gemini and Grok since at least late 2024, likely with Chinese government knowledge. The campaigns used gray-market API proxies called transfer stations, premium account pools and traffic routing to bypass restrictions, evade safeguards and exfiltrate billions of tokens used to train models like DeepSeek R1/V3 and Kimi. The agencies challenge DeepSeek's reported $5.6 million training cost and recommend identity verification, usage monitoring, response variation, differential privacy and indicator sharing as defenses.

Help Net Security · 7d agoAdvisory in the wild1

Exein Secures $270M at $1.7B Valuation for Physical AI Security

IoT security firm Exein raised $270 million at a $1.7 billion valuation to expand runtime protection and physical AI security agents.

Italy-based IoT security startup Exein announced a $270 million oversubscribed round led by Headline, bringing total funding above $600 million and valuing the company at $1.7 billion. Exein builds embedded and kernel-level runtime protection for IoT devices and is developing a proprietary foundation model for physical AI security powering autonomous defense agents. The funding will accelerate expansion, particularly into the US market.

SecurityWeek · 1d agoIndustry

What building an AI-native finance function taught me

OpenAI CFO Sarah Friar shares five lessons from building an AI-native finance function, covering forecasting, controls, and AI ROI.

OpenAI CFO Sarah Friar outlines five lessons learned from building an AI-native finance function at the company. Topics include automated forecasting, stronger financial controls, and measuring AI return on investment. The piece is a first-person account of enterprise AI adoption within a finance organization rather than a product or research announcement.

OpenAI News · Aug 10, 2026AI industry

After warning AI is too dangerous, Bill Gates bets a billion on its upside

Gates Foundation pledges at least $1 billion over two years to widen AI access in health, education and agriculture, warning of a rich-poor divide.

The Gates Foundation's 2026 Goalkeepers report outlines spending of at least $1 billion over two years on AI access in health, education and farming. Gates notes over 90% of early LLM training data was English, with speech recognition error rates below 6% in English but above 60% in Yoruba. Cited projects include Penda Health clinics in Kenya (16-point diagnostic accuracy gain), Gemini Guided Learning in Sierra Leone (1.7 years of learning gains in eight weeks), and India's MahaVISTAAR reaching 740,000+ farmers at under 18 cents per person.

The Decoder · 1d agoAI industry1

Hackers Expose Data of 1.2 Million Heights Finance Customers

Heights Finance is notifying over 1.2 million customers that hackers accessed a third-party cloud platform holding contact, bank and government ID data.

Heights Finance, a U.S. consumer lender, discovered unauthorized access on May 7, 2026 to a third-party cloud platform used to store customer data; its internal loan management systems and operations were not affected. Exposed data varies by person and may include contact details, financial and bank account information, government IDs and dates of birth for customers, loan applicants, inquirers, and former borrowers of Curo Management and related brands. The company is offering 24 months of free credit monitoring and identity protection; dark web monitoring found no evidence of publication and no threat actor has claimed responsibility.

Security Affairs · 29d agoData breach in the wild

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.

Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.

TechCrunch · AI · 8d agoAI industry

Anthropic reportedly signs $517 billion in compute deals after Dario Amodei warned rivals about reckless risk

Anthropic signed compute contracts worth up to $517 billion in eleven months, adding 14.8 gigawatts amid the AI capacity race.

According to The Information, Anthropic locked in contracts worth up to $517 billion over eleven months, adding at least 14.8 gigawatts of compute since October 2025 on top of 1–2 gigawatts it already had, and is planning its own data centers. Bloomberg reports Anthropic's annualized revenue topped $65 billion, while OpenAI was above $40 billion as of July and targets 30 gigawatts by 2030. The spending follows Dario Amodei's early-2026 warning that rivals underestimated investment risk, while Sam Altman now cautions about 'unsustainable silliness' from neo-cloud providers.

The Decoder · 9d agoAI industry1

CISA Warns Chinese AI Firms Extract Billions of Tokens From Claude, GPT, Gemini and Grok

CISA, NSA and FBI advisory says six Chinese AI firms extracted billions of tokens from Claude, GPT, Gemini and Grok via API proxies since late 2024.

A joint advisory from CISA, NSA and FBI alleges China-based AI companies including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Z.AI harvested billions of tokens across millions of exchanges from Claude, GPT, Gemini and Grok variants since late 2024. Operators allegedly used API proxy 'transfer stations', account pools, bulk premium subscriptions and prompt injection or jailbreak-style requests to force models to reveal chain-of-thought reasoning. DeepSeek's R1 and V3 and Moonshot's Kimi-K2 and Kimi-K3 models reportedly benefited from the extracted data. CISA urged providers to add identity checks, monitor subscription-to-usage ratios, rate limit, and share infrastructure signals with cloud platforms.

Cyber Security News · 7d agoAI safety & security in the wild