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Crypto

Flex partners Microsoft Korea on enterprise AX and Copilot expansion

HR data-based AI platform Flex said on Oct. 21 it signed a memorandum of understanding with Microsoft Korea to support AI transformation at South Korean companies. The partners will cooperate in three areas: joint sales for domestic corporate customers, integration of Flex with Microsoft products and technologies, and reviewing mutual solution adoption under a Customer Zero approach. Flex also plans to pursue large and mid-sized companies and support expansion of the Copilot ecosystem.

AI & Enterprise

Proofpoint to buy data security firm Varonis for $6.3 billion

Cybersecurity company Proofpoint has agreed to acquire data security firm Varonis Systems for about $6.3 billion in cash, SiliconANGLE reported on Oct. 15. Proofpoint will buy Varonis shares for $49.75 each, a 52 percent premium to the stock price before takeover speculation surfaced. Bloomberg had reported private equity interest in Varonis in June and said Proofpoint emerged as a negotiating party in early September.

AI & Enterprise

Microsoft unveils third-generation AI chip Maia 300, expands as Nvidia alternative

Microsoft will expand its use of in-house AI chips instead of Nvidia GPUs, CNBC reported on Oct. 12. The company unveiled its third-generation AI accelerator, Maia 300, and plans to have AI requests handled mainly by its own chips starting with that model, with mass production scheduled for 2027. Microsoft said it will install 96 Maia 300 chips per data-center rack and expects higher token throughput than Maia 200 and GPUs.