Playing with fire
While European companies operate under strict data protection guidelines such as GDPR, and soon NIS 2, a recent analysis reveals serious security gaps in the handling of access data. The Business Digital Index reveals worrying cybersecurity practices.
Study
Cyber attacks have caused British companies to lose around 44 billion pounds (53 billion euros) in sales over the past five years, according to a study by Howden.
More computing power required
Nvidia CEO Jensen Huang is dampening expectations of a quick solution to the problem of AI hallucinations. At an event at the Hong Kong University of Science and Technology, the tech manager explained that the industry is still “several years” away from a reliable solution.
Project OpenGPT-X
GPT-4, Claude, Grok, Llama and Gemini: the most important AI language models all originate from the USA. With the OpenGPT-X project and the Teuken-7B language model, a European AI infrastructure is now to be established.
Unpatched security vulnerabilities
Several security breaches were observed at companies from different industries in which firewall devices from Palo Alto Network were involved.
Deal targeted
The French IT service provider Atos is about to sell its high-performance computing division to the French state. As the company announced on Monday, the advanced computing activities are to go to the government in Paris.
For 450 million dollars
Wiz, the cyber security start-up recently courted by Google, is continuing its ambitious growth course and acquiring the Israeli cloud security specialist Dazz for around 450 million dollars.
Error message
PayPal is currently experiencing a widespread technical outage preventing users worldwide from accessing their accounts. According to the outage tracking platform Downdetector, issue reports began surging around 1 PM CET.
Data management
Cloud provider Snowflake is expanding its portfolio in the area of data management. As the company announced at the same time as publishing its quarterly figures, it is acquiring data pipeline management specialist Datavolo.