2026-07-29
Moonshot AI has closed a $3.5 billion financing round that values the Beijing lab at $35 billion, well above the $1 billion to $2 billion it originally set out to raise, Bloomberg reported on July 29, 2026, citing people familiar with the private deal. The company is already approaching investors about a follow-on round at a $50 billion pre-money valuation, which would be its final private raise b [...]
2026-07-29
Generative AI has expanded beyond coding assistants and content creation tools, finding its way into legal research and case preparation. While the technology has helped legal professionals quickly generate documents and explore potential legal strategies within minutes, AI adoption has fueled the rise of vibe lawyering where individuals use AI to complete legal tasks with minimal independent veri [...]
2026-07-29
One in four malicious data breaches involved attackers using AI, according to the 2026 Cost of a Data Breach Report IBM published on July 29, 2026. Those breaches cost an average of $6 million, roughly $1 million above the $4.99 million global average IBM reports across its full sample, and the share of malicious breaches with an AI component rose 56% from the prior edition. The figures come from [...]