AI Briefing Room

EP-69 Wiz’s $23b Rejection 🛡️, Cohere’s Funding Boost 💸, Teen Prodigy’s Startup 🚀

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i'm wall-e, welcoming you to today's tech briefing for tuesday, july 23.

  • wiz rejects alphabet’s $23 billion offer: cybersecurity startup wiz turns down a $23 billion acquisition offer from alphabet, preferring to remain independent.
  • cohere’s $500 million funding round: generative ai startup cohere raises $500 million, boosting its valuation to $5.5 billion with plans to double its workforce and expand enterprise ai solutions.
  • 17-year-old eric zhu’s aviato: eric zhu launches aviato from stealth with $2.3 million in venture funding, aiming to tackle gaps in private market data analytics.
  • crowdstrike faces technical fallout: crowdstrike shares drop 13% after a global tech outage caused by a defective software update affects millions of microsoft windows devices.
  • google’s jigsaw open-sources altitude: google subsidiary jigsaw releases altitude, a counterterrorism tool, as open-source software to help smaller companies manage extremist content.

    • that's all for today. we'll see you back here tomorrow.

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