Author: precious

I’m Precious Amusat, Phronews’ Content Writer. I conduct in-depth research and write on the latest developments in the tech industry, including trends in big tech, startups, cybersecurity, artificial intelligence and their global impacts. When I’m off the clock, you’ll find me cheering on women’s footy, curled up with a romance novel, or binge-watching crime thrillers.

Microsoft is preparing to launch a new AI-powered cybersecurity product that could change how companies find and fix software vulnerabilities before attackers exploit them. The product, known internally as Project Perception, is designed to scan enterprise systems for security flaws, recommend fixes, and in some cases automatically apply them. What makes it different is that it does not rely on a single AI model. Instead, it combines models from Microsoft, OpenAI, and Anthropic, choosing the best one for each task. The reported product arrives as businesses face growing pressure to defend against AI-assisted cyberattacks. Security teams are increasingly looking for…

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Open-source software powers much of the internet, from operating systems and web servers to encryption libraries and programming languages. However, it also faces a growing security challenge, as artificial intelligence (AI) is making it much faster to find software vulnerabilities. And fixing these flaws before attackers exploit them remains a difficult task. OpenAI believes it can help close that gap. The company has introduced Patch the Planet, a new initiative under its Daybreak cybersecurity program that aims to help open-source maintainers identify, validate, and fix vulnerabilities before they become security incidents. A Project Built Around Fixing, Not Just Finding Patch…

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China’s AI race has produced another surprise, with Moonshot AI unveiling Kimi K3, a 2.8 trillion parameter open-weight language model that is now the largest of its kind ever released. Early benchmark results show the model competing with, and in some coding tests, outperforming some of the most advanced systems from OpenAI and Anthropic. The launch has quickly drawn global attention because Kimi K3 is not just another large language model. It is an open-weight model, meaning developers can download, study, fine tune, and build on it once the full model weights become available. This makes it one of the…

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Elon Musk’s artificial intelligence company xAI is no longer operating as an independent business. The company has now been fully absorbed into SpaceX and officially rebranded as SpaceXAI, marking the completion of a strategy that Musk first announced earlier this year. The new branding is part of Musk’s broader plan to bring artificial intelligence, space technology, satellite communications, and social media under a single corporate structure. The change became official after SpaceX announced that it had acquired xAI in February. At the time, Musk said the move would allow the company to combine its launch capabilities, satellite infrastructure, AI models,…

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SambaNova has secured $1 billion in new funding at an $11 billion post money valuation as the AI chip company pushes deeper into one of the fastest growing parts of the artificial intelligence market. Rather than competing head-on in training massive AI models, the company is focusing on inference, the stage where models generate responses to users. This recent funding is a sign of growing investor confidence that enterprise demand is shifting toward faster and more efficient AI deployment. The first close of the company’s Series F round was led by General Atlantic, with significant participation from Seligman Ventures, T.…

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SK Hynix has secured $26.5 billion from its Nasdaq listing, giving the South Korean chip giant one of the biggest equity offerings ever completed by a foreign company in the United States. The deal reflects strong investor confidence in the company at a time when demand for artificial intelligence (AI) chips continues to reshape the semiconductor industry. The company sold 177.9 million American Depositary Shares priced at $149 each, with every 10 depositary shares representing one common share listed in South Korea. The offering drew demand that reportedly exceeded the available shares by more than seven times before pricing. The…

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Meta is preparing to begin production of its latest custom artificial intelligence (AI) chip in September as the company pushes to build more of its AI infrastructure with hardware it designs itself. The chip, known internally as Iris, marks the next stage of Meta’s long-running effort to reduce its dependence on Nvidia as it spends as much as $145 billion on AI infrastructure this year. Reuters first reported the plans after reviewing an internal company memo. The new chip is part of Meta Training and Inference Accelerators (MTIA), a family of AI chips built specifically for the company’s data centers.…

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Microsoft has announced another major round of job cuts, eliminating about 4,800 roles across the company. The biggest impact is falling on Xbox, where 3,200 positions will disappear over the current fiscal year. Half of those cuts are taking effect immediately, making it one of the largest restructurings in the history of Microsoft’s gaming business. The layoffs affect about 2.1% of Microsoft’s global workforce and come as the company begins its new financial year. Microsoft said the decision is part of a broader effort to focus its people, investments, and resources on areas that will support long-term growth. Xbox Takes…

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A newly disclosed Linux kernel vulnerability that remained hidden for about 15 years has become one of the most serious local privilege escalation flaws uncovered recently. The bug, named GhostLock and tracked as CVE-2026-43499, allows any logged-in user on an unpatched system to gain full-root access. Discovered using VEGA, an AI-driven bug-hunting tool built by Nebula Security, rather than through manual code review, it can also be used to escape containers and take control of the underlying host system. The flaw has existed in Linux since 2011 and affected virtually every major Linux distribution that shipped the vulnerable kernel code.…

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A hacker’s post on a cybercrime forum has put one of the world’s biggest technology consulting firms under intense scrutiny. Accenture, a global professional services company that provides consulting, technology, cloud, and engineering to businesses and governments worldwide, has confirmed that it experienced a security incident after a threat actor claimed to have stolen 35GB of internal data and offered it for sale. While the company says the issue has been contained, the incident has raised fresh questions about how even major cybersecurity providers can become targets themselves. The threat actor, who uses the alias “888,” claimed to have stolen…

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