All articles by Swagath Bandhakavi

Swagath Bandhakavi

Enterprise AI adoption lags as GPUs find broader applications beyond AI in 2024, reveals study

Hammerspace’s report, “State of the Next Data Cycle: How Do You GPU?”, reveals that organisations are discovering innovative methods to leverage their GPU investments beyond artificial intelligence applications.

94% of business leaders embrace generative AI in software development, finds new survey

The finding is from the “Transforming Software with Generative AI” report developed by MIT Technology Review Insights in partnership with Globant, based on a survey of 302 executives.

GenAI adoption in workplaces skyrockets to 75%, survey shows

The EY 2024 Work Reimagined Survey found that the technology sector had the highest adoption rate at 90%, while the government and public sectors had the lowest at 60%.

Cybercriminals leverage EDRSilencer tool to mute endpoint detection tools

Researchers at Trend Micro reported that EDRSilencer successfully blocked communication for processes not included in its hardcoded list during tests, highlighting its broad capabilities.

ASML’s reduced sales forecast raises concerns over global chip demand

The semiconductor company has revised its 2025 total net sales estimate to between €30bn and €35bn, along with a projected gross margin of 51% to 53%.

Survey reveals 78% of businesses unprepared for Gen AI due to poor data foundations

The study by MIT Technology Review Insights and Snowflake found that 72% of businesses intend to use AI to boost operational efficiency.

Cisco probes alleged data breach after hacker claims sale of information

The US tech firm acknowledged reports of a threat actor claiming to have accessed certain files and confirmed that an investigation is underway to evaluate the claim.

Nvidia shares hit record high, poised to surpass Apple in market valuation

Shares of Nvidia rose by 2.4%, closing at $138.07, as investors demonstrated ongoing confidence in the increasing demand for its AI processors.

Casio confirms data breach in ransomware attack, personal data stolen

The Underground ransomware group has taken responsibility for the attack, leaking documents allegedly stolen from the systems of the Japanese tech giant.

US lawmakers call on AT&T, Verizon, and Lumen for details on Chinese cyber breach

The Committee requested a briefing and details on breaches allegedly involving attempts to access US court-authorised wiretapping data.