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The global technology outage sparked by CloudStrike’s faulty update will cost US Fortune 500 companies $5.4bn, insurers estimated, as the cybersecurity firm vowed to make changes to prevent it from happening again, The Guardian reported. The projected financial losses exclude Microsoft, the tech giant whose systems suffered widespread failures in the crash. Companies in banking and healthcare are expected to
Meta posted “Expanding our open source large language models responsibly”. From the Meta blog:
A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft devices, Microsoft said in a blog post on Saturday, Reuters reported.
CrowdStrike put up a blog post that gives some information about what happened recently. Here is part of that blog post: On July 19, 2024, at 04:09 UTC, as part of ongoing operations, CrowdStrike released a sensor configuration update to Windows systems. Sensor configuration updates are an ongoing part of the protection mechanisms of the Falcon platform. This configuration update
Thousands of Windows machines are experiencing a Blue Screen of Death (BSOD) issue at boot today, impacting banks, airlines, TV broadcasters, supermarkets, and many more businesses worldwide, The Verge reported. A faulty update from cybersecurity provider CloudStrike is knocking affected PCs and servers offline, forcing them into a recovery boot loop so machines can’t start properly. The issue is not
OpenAI announced it will launch a new AI model, “GPT-4o mini,” the artificial intelligence startup’s latest effort to expand use of its popular chatbot, on Thursday, CNBC reported. The company called the new release “the most capable and cost efficient small model available today,” and it plans to integrate image, video, and audio into it later. The mini AI model
Tech companies are turning to controversial tactics to feed their data-hungry artificial intelligence models, vacuuming up books, websites, photos, and social media posts often unbeknownst to the creators, WIRED reported. AI companies are generally secretive about their sources of training data, but an investigation by Proof News found some of the wealthiest AI companies in the world have used material