184634508
submission
An anonymous reader writes:
Stripe is in talks to buy OpenRouter, an artificial intelligence (AI) startup that could sell for roughly $10 billion, according to The Wall Street Journal. The move would mark a significant step outside payments for a company that processes transactions for much of the internet. It also lands while Stripe pursues a far larger target: a bid for PayPal that would value the payments giant at about $53 billion.
The Journal reported Thursday (July 23) that a transaction could be announced soon, though the talks could still collapse or another buyer could step in. The exact price under discussion could not be learned. Several other large technology companies had also been weighing deals for OpenRouter. The startup was valued at $1.3 billion in May, according to PitchBook, meaning a sale near $10 billion would represent a steep markup in a matter of months. Its backers include Menlo Ventures and CapitalG, the growth fund of Google parent Alphabet.
OpenRouter sells software that lets customers reach AI models from OpenAI and Anthropic, along with open weight alternatives anyone can download and run. The Journal described the company’s position this way: “OpenRouter is part of an emerging crop of startups that have found a lucrative niche between AI developers and the companies that want to use them.” The platform lists hundreds of large language models and lets developers compare and switch between them.
184601620
submission
Qbertino writes:
The Norwegian certification agency DNV has certified the commercial Wave-driven power generator Corpower C4 for regular use. German tech news site heise.de has a detailed writeup. See a CGI video of the powerstation and it's internals here and the companies website here.
184607610
submission
alternative_right writes:
A leaked document shows the spread of surveillance and investigative capabilities that Immigration and Customs Enforcement (ICE) officials have access to agency wide, from location data harvested from smartphones, to facial recognition apps that can reveal someoneâ(TM)s identity, to tools that let the agency stay anonymous online and approach people undercover. The document covers everything from monitoring social media to tracking the movements of vehicles.
184512028
submission
walterbyrd writes:
Samsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.
The South Korean tech giant said on Sunday in a statement to Reuters that 739 roles in Englewood Cliffs, New Jersey, have been affected by plans by Samsung Electronics America (SEA) — which is focused on consumer electronics and does not include chips — to move its headquarters to Texas.
A majority of people affected have received relocation offers, but others were let go, it added without elaborating.
184462002
submission
joshuark writes:
ProPublica Reporter Renee Dudley heard Microsoft was running tech support for the U.S. Defense Department through China, the country’s biggest cybersecurity adversary.
The arrangement was called “digital escorting.” She thought it sounded like a conspiracy theory — until she started looking into it. This is the story of what she found and how her investigation changed government policy.
Microsoft is using engineers in China to help maintain the Defense Department’s computer systems — with minimal supervision by U.S. personnel — leaving some of the nation’s most sensitive data vulnerable to hacking from its leading cyber adversary, a ProPublica investigation has found.
The arrangement, which was critical to Microsoft winning the federal government’s cloud computing business a decade ago, relies on U.S. citizens with security clearances to oversee the work and serve as a barrier against espionage and sabotage.
National security and cybersecurity experts in the Trump administration contacted by ProPublica were also surprised to learn that such an arrangement was in place, especially at a time when the U.S. intelligence community and leading members of Congress and the Trump administration view China’s digital prowess as a top threat to the country.
Microsoft uses the escort system to handle the government’s most sensitive information that falls below “classified.” According to the government, this “high impact level” category includes “data that involves the protection of life and financial ruin.” The “loss of confidentiality, integrity, or availability” of this information “could be expected to have a severe or catastrophic adverse effect” on operations, assets and individuals, the government has said. In the Defense Department, the data is categorized as “Impact Level” 4 and 5 and includes materials that directly support military operations.
“If someone ran a script called ‘fix_servers.sh’ but it actually did something malicious then [escorts] would have no idea,” a former Microsoft engineer who worked on the escort system, told ProPublica in an email. That said, he maintained that the “scope of systems they could disrupt” is limited.
In an emailed statement, the Defense Information Systems Agency said that cloud service providers “are required to establish and maintain controls for vetting and using qualified specialists,” but the agency did not respond to ProPublica’s questions regarding the digital escorts’ qualifications.
It’s unclear whether other cloud providers to the federal government use digital escorts as part of their tech support. Amazon Web Services and Google Cloud declined to comment on the record for this article. Oracle did not respond to requests for comment.
A spokesperson for the inspector general — whose office is supposed to operate independently in order to investigate potential waste, fraud and abuse — told ProPublica they were not authorized to speak about the issue and directed questions to DISA public affairs.
184475076
submission
An anonymous reader writes:
South Korea’s government has posted a tender seeking suppliers to build a universal basic AI chatbot, and an AI agent for government services. The “AI for everyone” plan calls for private entities to create and operate the AI systems under contracts that expire in the year 2031. Bid documents reveal that Seoul will provide up to 256 Nvidia B200 GPUs to successful bidders. Winners must match government funding.
The aim of the policy is to ensure that every resident of South Korea can access a free-to-use quality AI chatbot, a tool Seoul has decided no local should be without. The tender also calls for creation of an agentic system that allows citizens to interact with government services. South Korea’s government wants to ensure that residents can always access a locally hosted and operated service, to reduce reliance on overseas providers and ensure that AI services reflect local culture. Successful bidders must therefore use locally developed AI models as the foundation for the services. Bidders have until August 11th to file their proposals. South Korean media reports suggest local tech giants Kakao, Naver, SK Telecom, and LG are all keen to participate.
