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In Brief

Twitter rival Threads soars as Zuckerberg hits Musk where it hurts

Threads, Meta's "friendly" alternative to Twitter, reportedly had over ten million sign-ups in its first seven hours.

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Ukraine looking for cheaper ways to destroy Russian ‘suicide’ drones

Ukraine says its state-of-the-art air defense systems supplied by the West are too expensive to use against Russia's cheap "Shahed" drones.

Deal focus: Databricks acquires MosaicML to build proprietary AI models for enterprises

The deal demonstrates a growing generative AI market for enterprises keen on leveraging the technology without risking their data.

HSBC tests data security system using quantum computing

HBSC is the first UK bank to test a data security system using quantum key distribution to connect two UK sites.

Denodo, and Alibaba Cloud form data management partnership

As per the partnership, the Denodo platform will be offered on the Alibaba Cloud Global Marketplace.

Taiwan’s Powerchip teams up with SBI to set up chip factory in Japan

Under the alliance, the companies will set up a new preparatory entity.

Spotify founder’s start-up Neko Health raises $65m

Neko Health will expand its services across Europe after its latest funding round.

Google launches “machine unlearning” competition to protect data privacy

The challenge is geared towards making AI systems compliant with data privacy regulation.