Clutch grabs $20M to build out its non-human security ID platform

When it comes to the world of cybersecurity, identity is often thought of as a “perimeter” around an organization. So many breaches begin through techniques like password theft, phishing, and credential stuffing; ergo, securing the identities of not only users, but also applications and machines, is the key to securing the whole system.  Easier said […]
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Finout raises $40M Series C for its cloud cost management service

Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn’t something that was top of mind for a lot of businesses. Since then, though, businesses have started tightening their purses. Today, FinOps is pretty much a standard discipline, and there are dozens of […]
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UK Cloud Services Market ‘Not Working As Well As It Could,’ Says Competition Authority

The group behind the cloud market competition investigation recommends that the Competition and Markets Authority considers giving AWS and Microsoft Strategic Market Status under the new Digital Markets, Competition and Consumers Act.

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Engineering giant Smiths Group says hackers accessed its systems during cyberattack

U.K.-based engineering giant Smiths Group has confirmed a cybersecurity incident involving “unauthorized access” to its systems. The London-listed company, which operates across multiple sectors including energy, security, aerospace and defense, said Tuesday that it is currently “managing” the incident. The company said it isolated affected systems and activated its business continuity plans, implying a disruptive […]
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Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M

Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. The value of the deal is not being disclosed, but Moove confirmed it was an all-share transaction, and Kovi is now wholly owned by Moove. Moove co-founder and […]
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Britain takes stake in SpaceX rival Orbex to boost space ambitions

The U.K. government has invested £20 million in Orbex, a Scottish spaceflight startup aiming to rival Elon Musk’s SpaceX.

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Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools

Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption […]
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Garmin users say smartwatches have stopped working

Its Fenix 8 smartwatches, which retail for just under £1,000, are some of the devices to have issues.

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DeepSeek’s AI avoids answering 85% of prompts on ‘sensitive topics’ related to China

AI chatbot DeepSeek has taken the world by storm, topping app store charts and sending Silicon Valley and Wall Street into meltdown. An offshoot of Chinese hedge fund High-Flyer, DeepSeek’s cost-to-performance ratio makes for impressive reading compared to incumbents such as OpenAI. However, reports have increasingly documented some of the things the AI chatbot is […]
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Microsoft probing whether DeepSeek improperly used OpenAI APIs

Just a few hours after David Sacks claimed DeepSeek used OpenAI’s models to train its own models, Bloomberg Law reports that Microsoft is investigating DeepSeek’s use of OpenAI’s application programming interface (API). According to security researchers working for Microsoft, the Chinese company behind the R1 reasoning model may have exfiltrated a large amount of data […]
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