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Security AI

OpenAI launches tools for web app testing and automated defense

OpenAI has launched Daybreak Red Team in early access to test web applications for security flaws, The Register reported. It also launched Daybreak Defense Factory to automate finding, validating and fixing flaws, pairing penetration testing with a separate defensive product.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Samsung in talks to acquire data center cooling maker Modine

Samsung Electronics is in talks to acquire Modine Manufacturing, Bloomberg reported, citing people familiar with the matter. Modine makes cooling systems for data centers and has a market value of $5.6B. A deal could come as soon as the coming weeks.

AI Infrastructure
AI Infrastructure

Company founded by Alice Huang procured smuggled AI chips, documents indicate

A Chinese company founded by Alice Huang procured smuggled AI chips that were installed at a Shanghai data center, Bloomberg reported, citing documents it reviewed. The data center has links to Megaspeed International Pte. Huang is at the center of a controversy involving Nvidia.

Products
Products

ByteDance plans share buyback of up to $6 billion

ByteDance plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, Bloomberg reported, citing people who reviewed the proposal. That valuation represents a 20% increase from a similar program a year ago.