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.

Apple and OpenAI have recently gone from partners to courtroom rivals after Apple filed a lawsuit accusing the ChatGPT-maker of stealing trade secrets to build its growing AI hardware business. The lawsuit marks a dramatic turn in the relationship between the two companies, which only a year ago worked together to bring ChatGPT-5 to iOS 26 through Apple Intelligence. Filed in the U.S. District Court for the Northern District of California, the 41-page complaint alleges that OpenAI and several former Apple employees engaged in a coordinated effort to obtain confidential information about Apple’s unreleased products, manufacturing processes and supply chain.…

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New York has become the first U.S. state to temporarily stop the construction of new hyperscale data centers, putting one of the fastest growing parts of the AI industry under direct government restrictions. Governor Kathy Hochul signed an executive order that places a one-year moratorium on new environmental permits for data centers that require 50 megawatts or more of electricity. The state says the pause will give regulators time to create new rules that address the impact of these facilities on power grids, water supplies and local communities. “As data center development threatens to hike up utility bills, deplete our…

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The cybersecurity industry is currently moving through one of its busiest periods for mergers and acquisitions as many companies race to strengthen their AI capabilities. New data from Momentum Cyber has shown that 219 cybersecurity acquisitions were completed in the first half of 2026, putting the sector on course for its highest annual deal count ever recorded. According to the cybersecurity-focused investment bank, the first six months of the year produced a record pace of dealmaking, with June emerging as the strongest month so far. The firm expects the current momentum to continue through the rest of 2026, potentially pushing…

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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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