China orders Meta to unwind $2 billion buy of AI startup Manus
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →Israeli cyber firm Onyx Security launched with $40M funding, focusing on securing AI agents and developing AI models.
Why it matters
This news is significant as it highlights the growing importance of AI security. As AI agents become more prevalent across industries, ensuring their security from vulnerabilities and malicious attacks is paramount for their safe and trustworthy deployment. The substantial investment in Onyx Security reflects a clear market demand for specialized AI security solutions, indicating a maturing AI ecosystem where foundational security layers are becoming a critical priority for both investors and enterprises.
A new Israeli company called Onyx Security has raised $40 million to start its operations. This company's main goal is to protect AI systems, like smart assistants or automated decision-makers, from cyber threats. This investment shows that securing artificial intelligence is becoming a very important area as AI technology grows.
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →Digital platforms and brands are increasingly building their own AI-led digital storefronts, as highlighted by Lalit Keshre's recent ET Awards win.
Read on Economic Times Tech →RateGain Travel Technologies, an Indian company, won the Emerging Company of the Year award, driven by its AI-powered growth in the travel tech sector.
Read on Economic Times Tech →