Governance

Top tech news stories today: May 7, 2024

AuthorSylvia Shen

Reading Time3 min

PublishedMay 7, 2024

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Stay ahead with today’s top tech news stories. Dive into the details of Microsoft’s ambitious carbon capture project, the role of AR in marketing with major backing from Mitsubishi, and exciting launches in smart glasses technology by Rokid. Resilience introduced two new cyber risk management tools, enhancing its cyber insurance offerings. These tools aim to improve loss prevention and risk assessment, enabling companies to proactively manage and mitigate cyber risks more effectively. ( The Fintech Times )

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Pending intelligence enrichment.

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British startup Wayve has secured $1.05 billion in a Series C funding round led by SoftBank, with significant contributions from Nvidia and Microsoft, to advance its Embodied AI technology in autonomous vehicles. ( Reuters ) On World Telecommunication and Information Society Day (WTISD), observed annually on May 17, the International Telecommunication Union (ITU) spotlights digital innovation to address the global digital divide, aiming to foster equitable technological access and sustainable development. ( ITU ) Javier Lacasa has been appointed as the executive president of UFINET, a wholesale telecoms carrier. With 25 years of experience at UFINET, Lacasa has significantly contributed to its growth and expansive fiber optic deployment across Latin America. ( Capacity ) NetApp and Google Cloud are enhancing their partnership to better serve organisations using generative AI and other hybrid cloud workloads. They are introducing a new “Flex” service level for Google Cloud NetApp Volumes and a GenAI toolkit, facilitating more adaptable data storage and efficient AI data operations, streamlining the path towards digital transformation and innovation. ( Cloudtech )