Lumaril raises $66 million for industrial AI software
Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.
NetamLoader disclosure exposes attack on government Windows systems in Asia
Kaspersky has disclosed a previously undocumented malware framework called NetamLoader targeting a custom Windows 10 build used exclusively by government entities in Asia.
Binance plans phased withdrawal restart after hack
Binance says it plans to resume withdrawals in phases starting Sunday after covering 95% of the $6.3 billion in tokens stolen in a hack, Reuters reports. The stolen tokens included BTC and ETH. The planned restart would restore withdrawal access in stages.
NeuroXess raises RMB 700 million for brain-computer interfaces
Shanghai-based NeuroXess raised RMB 700 million in Series B funding, TechNode reported. SDIC Juli, Shenzhen Capital Group and Qinzhi Capital co-led the round.
Five technology giants commit more than $3T to future spending
Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.
Intel redirects planned PC chip capacity toward Xeon production
Intel is reallocating manufacturing resources from client processors to server CPUs as demand exceeds supply, Tom's Hardware reported, citing company executives.
