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AI & Enterprise

Big cloud AI chip war enters new phase as Google, Amazon push external sales

Google and Amazon are moving beyond using their in-house AI chips in their own clouds and are accelerating efforts to sell them to outside companies. The Wall Street Journal reported Google is offering financing to supply TPUs for a New York state data centre project and has provided a $3.2 billion financial guarantee. Amazon Web Services is also discussing sales of its Trainium chips, Bloomberg reported, after CEO Andy Jassy said demand was high.

AI & Enterprise

Cisco formalises plan to acquire AI agent security startup Astrix

Cisco said on May 4 it plans to acquire Astrix Security, a startup specialising in security for non-human identities. Israeli media outlet Calcalist reported the deal size was about $400 million. Based in Tel Aviv, Astrix develops software that monitors AI agents and applies security controls. The company focuses on protecting digital access credentials such as API keys, service accounts and authentication tokens.

AI & Enterprise

Bold raises $40 million for on-device AI agent to protect endpoints

Israeli endpoint security startup Bold has raised $40 million, Business Insider reported. The company develops software that uses AI to protect devices such as corporate laptops. The round was led by Red Dot Capital Partners, with participation from Bessemer Venture Partners and Picture Capital. Bold plans to use the funds to expand in the U.S. market and grow its global business. Its core product is an AI agent installed directly on corporate devices.