Cyber decacorn Wiz in advanced negotiation to acquire Lacework for $150-200 million

Cyber decacorn Wiz in advanced negotiation to acquire Lacework for $150-200 million. The companies recently signed a Letter of Intent and are now in the midst of a comprehensive due diligence process. Lacework was valued at $8.3 billion in 2021.

Magnus Metal raises $74 million Series B to digitize metal casting. The Israeli company is innovating the centuries-old metal casting industry by providing an Industry 4.0 based fully automatic manufacturing solution that aims to make the process faster, safer, and environmentally friendly.

The hidden battle for data dominance: AI giants' secret struggle. The generative artificial intelligence market is engaged in a new competitive race for a particularly critical resource: data. According to estimates, soon the data available online will not keep up with the required pace and there will be nothing to train the models behind services like ChatGTP and Gemini. The obvious solutions: transcribing videos and recordings or a technological development that circumvents the problem.

Google lays off 28 employees for protesting against Israeli cloud contract. "Physically impeding other employees' work and preventing them from accessing our facilities is a clear violation of our policies, and completely unacceptable behavior," the company said in a statement.

Apple's AI shortcomings put Samsung's smartphones back in the lead. In the first quarter, iPhone sales fell by 9.6% and Samsung returned to dominate the market. Apple will present its AI vision in its conference in June, aiming to show that it is closing the gap. The obstacle: a Chinese ban on government employees using iPhones.