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Dan Chen, an entrepreneur with a background in venture capital and co-founder of Hero, has identified a gap in resources for solutions teams in enterprises. These teams, responsible for conveying complex technical information to potential clients, often lack adequate staffing and support. To address this issue, Chen has launched Quilt, a platform leveraging generative AI to empower solutions sales teams. Quilt’s AI-powered assistants assist solutions engineers with various tasks, including completing requests for proposals, answering technical inquiries, and preparing for demonstrations. These assistants are equipped to handle security questionnaires, provide support via Slack, and summarize relevant information from meetings and…

The recent surge in Bitcoin’s value has led to unexpected issues for Coinbase, the popular crypto trading platform. Some users have reported seeing a zero balance across their Coinbase accounts, prompting concerns about the safety of their assets. In response, Coinbase assured users via a Status page on its website that their assets are secure and that its team is investigating the issue. The surge in Bitcoin’s price, which recently reached close to $60,000, has sparked renewed interest in crypto trading platforms like Coinbase. This heightened demand, coupled with the significant increase in Bitcoin’s value, has led to a surge…

Silence Laboratories, a cryptographic security startup specializing in infrastructure built on multiparty computation (MPC) to safeguard enterprise data, announced the closure of a $4.1 million funding round. The investment, co-led by Pi Ventures and Kira Studio, brings the total raised by the company to $6 million, including contributions from angel investors. These funds will fuel team expansion and bolster research and development efforts. Employing MPC, a subset of cryptography, Silence Laboratories facilitates secure collaboration among two or more parties without compromising sensitive information to unauthorized entities. Founded in 2021 by Dr. Jay Prakash (CEO), Dr. Andrei Bytes (CTO), and Dr.…

In the midst of cryptocurrency’s speculative landscape, there exists a cohort of individuals championing blockchain’s capacity to decentralize facets of human interaction for the common good. Daniel Wang, founder of Taiko, stands among these idealistic innovators. Originally aspiring to bring decentralization to social platforms, Wang envisions decentralized networks, like blockchains, as bulwarks against censorship through distributed data storage and community-driven content moderation. “I envision a future where individuals can freely express themselves online,” Wang expressed at an Ethereum developer conference in November. “Without the freedom to critique, progress is stifled.” Initially eyeing Ethereum to build his decentralized application (dApp), Wang…

UnitedHealth Group, a major health insurance company, has confirmed a ransomware attack on its subsidiary Change Healthcare, resulting in ongoing disruptions to hospitals and pharmacies nationwide. Tyler Mason, a vice president at UnitedHealth, stated, “Change Healthcare can confirm we are experiencing a cybersecurity issue perpetrated by a cybercrime threat actor who has represented itself to us as ALPHV/Blackcat.” The company is collaborating with law enforcement and cybersecurity firms Mandiant and Palo Alto Networks to address the attack. Despite ongoing investigations, there is no evidence of the breach affecting other UnitedHealth systems besides those of Change Healthcare. ALPHV/BlackCat, a Russia-based ransomware…

The U.S. National Security Agency (NSA) has disclosed its surveillance of cyberattacks exploiting vulnerabilities in Ivanti’s widely utilized enterprise VPN appliance, with specific targeting observed within the U.S. defense sector. NSA spokesperson Edward Bennett, in response to inquiries from TechCrunch, confirmed on Friday that the agency, alongside its interagency partners, is actively “tracking and aware of the broad impact from the recent exploitation of Ivanti products, to include the U.S. defense sector.” He further stated that the NSA’s Cybersecurity Collaboration Center continues its collaborative efforts to detect and mitigate these malicious activities. This confirmation follows recent reports by Mandiant revealing…

The conversation around implementing a federal ban on ransom payments is gaining traction amid escalating cybercriminal activities. While some U.S. states have already restricted local government entities from paying ransoms, the Biden administration has refrained from imposing a nationwide ban, citing complexities and potential repercussions. Advocates argue that banning ransom payments could deprive hackers of financial incentives, potentially reducing the prevalence of ransomware attacks. However, critics contend that such a measure oversimplifies a multifaceted issue and could penalize victims of cybercrime. The challenge lies in enforcing and universally regulating a ban on ransom payments, considering the global nature of ransomware…

Elon Musk has taken legal action against OpenAI, its co-founders Sam Altman and Greg Brockman, and associated entities, alleging a breach of their original contractual agreements. Musk contends that OpenAI has veered away from its nonprofit mission to develop AI for the betterment of humanity, instead focusing on profit-driven endeavors. The lawsuit, filed in a San Francisco court, claims that Altman and Brockman persuaded Musk to establish and fund OpenAI as a nonprofit in 2015. However, the startup has shifted towards a for-profit model, particularly after partnering with Microsoft and receiving significant investment. Musk asserts that OpenAI is now prioritizing…

India has entered the global AI debate with the issuance of a new advisory mandating that “significant” tech firms seek government permission before introducing new AI models. The Ministry of Electronics and IT released the advisory on Friday, emphasizing the need for firms to ensure their products or services uphold electoral integrity and avoid bias or discrimination. Although the advisory lacks legal binding, Deputy IT Minister Rajeev Chandrasekhar views it as a signal of future regulation, urging compliance from tech entities. Chandrasekhar clarified on Twitter that the advisory targets “untested AI platforms” operating in the Indian internet space and exempts…

Anthropic, an AI startup supported by Google and substantial venture capital, has introduced its latest innovation, Claude 3, under its GenAI technology umbrella. Claiming superiority over OpenAI’s GPT-4, Anthropic asserts that Claude 3 outperforms its predecessor on various fronts. Claude 3: A Multifaceted Advancement Anthropic’s Claude 3 encompasses a suite of models, including Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, with Opus touted as the most potent iteration. These models showcase heightened capabilities in analysis and forecasting, according to Anthropic, positioning themselves favorably against counterparts like ChatGPT, GPT-4, and Google’s Gemini 1.0 Ultra. Distinguishing itself as Anthropic’s…