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Tech Across the Globe

Oracle security breach: Executives and tech departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle apps.

Huawei’s stockpile: A teardown of Huawei’s latest and best AI chips shows they’re built with components from TSMC, Samsung and SK Hynix, companies that have long been prohibited from trading with the Chinese electronics giant.

Amazon drone crash: Two Amazon delivery drones collided with a stationary crane near Phoenix, prompting investigations from the Federal Aviation Administration and National Transportation Safety Board.

Uber acquisition: Uber bought Belgian startup Segments.ai in a bid to expand its nascent data-labeling business. Terms of the deal were not disclosed.

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Revalued

The Danish government and the owners of Novo Nordisk are new anchor investors in what they say will become the world’s largest quantum venture fund. The investment is part of a strategy by Denmark to advance quantum technology and become one of the world’s leading research environments in the field.

Must Read

OpenAI released its latest video-generation tool in a standalone app called Sora, turning the whole thing into its first social media app. Bloomberg’s Rachel Metz tried it out and found the ease with which she could generate misleading videos of her boss having a meltdown disquieting. Read her full Tech In Depth essay for a look into the potential for misinformation arising from this latest generative AI tool.

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