Revolutionizing Software Development with Magic AI – Startup Secures $117M
San Francisco-based startup, Magic AI, recently raised an impressive $117 million in a Series B funding round spearheaded by NFDG Ventures. CapitalG and Elad Gil also participated in the round, pushing Magic AI's total funding north of $145 million. Launched in 2022, Magic AI is dedicated to the development of an AI software engineer capable of assisting with intricate coding [...]
Microsoft/OpenAI Tackle AI Security Risks
The Rise of AI-Enabled Cyber Threats As the digital frontier expands, cybersecurity has become a critical concern with the emergence of AI-enabled cyber threats. Hackers, often sponsored by nation-states known for their cyber operations, are leveraging artificial intelligence to amplify their malicious activities. The use of large language models (LLMs) like ChatGPT by these cybercriminals represents a significant shift towards [...]
Chicago Sues Big Oil – Legal Action for Climate Change Damages
The city of Chicago is taking legal action against five prominent oil and gas companies for their alleged contributions to climate change. The companies named in the lawsuit include BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell. Along with these companies, the American Petroleum Institute (API), a major trade association for the oil and gas industry, is also being sued. According [...]
