[ad_1] Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a … Read more
[ad_1] Finastra, a London-based financial software company that serves most of the world’s top banks, has confirmed it’s investigating a data breach after a hacker claimed a compromise of the company’s internal file-transfer platform. In a statement given to TechCrunch, Finastra spokesperson Sofia Romano confirmed the fintech giant detected what it calls “suspicious activity” related … Read more
[ad_1] High-quality data may be the key to high-quality AI. With studies finding that data set curation, rather than size, is what really affects an AI model’s performance, it’s unsurprising that there’s a growing emphasis on data set management practices. According to some surveys, AI researchers today spend much of their time on data prep … Read more
[ad_1] AI’s insatiable thirst for electricity is expected to surge in the coming years, potentially leading to power shortages for data centers. New servers last year demanded 195 terawatt-hours of electricity, according to a new report from Gartner. That’s as much as 18 million households use in a year. But by 2027, new servers could … Read more
[ad_1] The U.S. government has confirmed that hackers with links to China breached multiple U.S. telecommunication service providers to access the wiretap systems used by law enforcement to surveil Americans. In a joint statement published on Monday, CISA and the FBI said they had uncovered “a broad and significant” cyber espionage campaign that saw PRC-affiliated … Read more