Mira Murati's Thinking Machines Lab raised $2 billion.
OpenAI's ex-CTO, who also briefly stepped into the CEO role during Sam Altman's high-profile ouster, said Tuesday that a16z led the round, with participation from NVIDIA, Accel, ServiceNow, CISCO, AMD, and Jane Street. She added that the company would share its first product 'in the next couple months.'
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8 minutes ago
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Cantor outlines how to navigate the emerging Bitcoin treasury sector
- The amount of Bitcoin owned by companies specializing in accruing more of the cryptocurrency is anticipated to rise, according to analysts at Cantor. Many firms have recently embarked on Bitcoin buying sprees, as part of a bid to capitalize on the digital coin's soaring value and hopes for a softer regulatory backdrop. In a note, the analysts led by Brett Knoblauch said these so-called "Bitcoin treasury companies," such as MicroStrategy (NASDAQ:MSTR), Marathon Digital Holdings (NASDAQ:MARA), and CleanSpark (NASDAQ:CLSK), own or have raised capital acquire roughly 904,000 of the digital tokens. "[W]e expect that number to only continue to increase given the capital market advantages these companies have," they argued. They added that "if feels like a new Bitcoin treasury play is emerging every day," fueled by a range of factors, including retail investor enthusiasm, the relative ease of buying stocks compared to cryptocurrencies, and fewer punitive tax rules equities than on digital assets. "Financial engineering" is also seen allowing Bitcoin treasury companies to continuously grow their Bitcoin positions in the future, the analysts predicted. The trend comes as firms are trying to emulate the success of Strategy, the software group formerly known as MicroStrategy, which began building up its Bitcoin stockpile in 2020 and now owns more than $63 billion worth of the world's largest cryptocurrency. Investors have seemingly celebrated the move, with Strategy's stock up by 3,000% since 2020, mirroring a surge in Bitcoin to recent all-time highs. Last week, twenty new public firms announced crypto purchases, the Cantor analysts noted. But "not all Bitcoin treasury companies are created equal" and "some offer better risk/reward than others," they flagged. Perhaps most importantly, these companies need to be able to rake in capital, as this will help facilitate further Bitcoin purchases, the analysts said. "The amount of capital a company has access to in this space is largely driven by trading liquidity. For shares to have a relatively high amount of volume, we believe they need to have a management team that carries weight in the crypto ecosystem," they argued. Buying Bitcoin is crucial for these companies, as their ability to acquire more of the asset will likely determine their long-term performance, the analysts said. "Thus, if we look at multiple of Bitcoin net asset value, a company on a higher multiple today objectively screens more expensive, but that could be entirely justified by the market's perception that it can sustain continued Bitcoin acquisitions over the long run," they wrote. Against this backdrop, the analysts named Strategy as their top pick among Bitcoin treasury names, and initiated coverage of new players Semler Scientific and Fold Holdings with "overweight" ratings. Related articles Cantor outlines how to navigate the emerging Bitcoin treasury sector Eric Trump tweets support for Ethereum amid price rally Trump-linked World Liberty Financial coin price could 'skyrocket' says analyst Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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8 minutes ago
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Phenom Earns Spot as SaaS Awards 2025 Finalist for Intelligence and Automation Platform
Recognized for Excellence in Software-as-a-Service Innovation and Impact PHILADELPHIA, July 28, 2025--(BUSINESS WIRE)--Phenom, an applied AI company that helps organizations hire faster, develop better and retain longer, has been named a finalist in The 2025 SaaS Awards for its intelligence and automation platform. CEO of The Cloud Awards, James Williams, said: "We're pleased to confirm the finalists in this year's SaaS Awards. This year features a particularly competitive field of nominations, giving our judges a tough, yet rewarding, task in turning our shortlist into an exclusive range of finalists. "Driven by the continued investment and evolution of AI within the industry, SaaS solutions are becoming increasingly sophisticated, and standing out from the crowd can be a tough task. Phenom, and their fellow finalists, have done exceptionally well in reaching this stage, and we wish them well as our judges go on to select this year's winners." Building on its recent recognition as a Top 25 AI Company by the Software Report and Best Cloud HR/HRMS Solution in The 2024/25 Cloud Awards program, Phenom continues to earn industry acclaim for its bold innovation that unifies rather than fragments the entire talent experience for all stakeholders through a single experience-first platform. The comprehensive solution addresses critical HR challenges through advancements in data standardization, domain-specific AI, scalability, real-time personalization, conversational and agentic AI, compliance, and seamless integration with existing HR systems. In 2025, Phenom introduced breakthrough innovations including X+ Ontologies, X+ Agent Studio, and industry-specific X+ Agents that bridge the gap between business strategy and HR execution. These purpose-built agents streamline essential processes across industries like healthcare, retail, financial services, and manufacturing — from candidate sourcing to talent development — while transforming unstructured enterprise data into actionable insights. "The real test of AI in HR isn't what it can do in a demo — it's how real companies are turning the messy, unstructured reality of their enterprise data and systems into a seamless experience across their entire talent ecosystem," said John Harrington, Sr. Director, Product Marketing at Phenom. "Our customers are already seeing the impact of this transformation, and this recognition further validates that our approach is working." Learn why Phenom's industry-specific AI and automation continues to earn accolades. Tune in to Industry Week July 28 through August 1 live or on demand. Register at With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring and onboarding processes, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure. The SaaS Awards recognizes the organizations that are leading the way in the software-as-a-service industry – from specialized 'vertical SaaS' solutions through to broader services for enterprise or SME businesses. The program received entries from organizations of all sizes from across the globe, including the USA and Canada, the UK and Europe, the Middle East, and APAC. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. View source version on Contacts Jennifer
Forbes
11 minutes ago
- Forbes
141 Million-File Data Breach Reveals Bank Statements And Crypto Keys
141 million breached files reveal data exposed. It is a sad reflection of the times, as far as data breaches and leaks are concerned, that news of an analysis of 141 million files from 1,257 breaches, including ransomware attacks, hardly registers as being a large number. At least not in the context of aggregated criminal databases containing 16 billion login credentials, or even the recent news of 184 million plaintext passwords found online. The truth is that with the availability and ease of use of infostealers-as-a-servce, which cost hackers as little as $30 a month to rent, you can only expect these numbers to grow. The importance of the 141 million files, however, lies not in the overall number but in the data that is contained within. What is being claimed as the 'biggest ever content-level analysis of breached datasets' has revealed just how concerned everyone should be. The Biggest Content-Level Data Breach Analysis In its Anatomy of a Data Breach report, Lab 1 has compiled the results of what it said was the biggest content-level analysis of data breach files ever. The analysis, based on 141,168,340 records included in a total of 1,297 ransomware and data breach incidents, reconstructed from 'forensic acquisitions of compromised systems,' according to Lab 1, is worthy of note as it didn't just look at dumps of structured data, which ordinarily focus on credentials above all else. Instead, Robin Brattel, Lab 1 CEO, said, the analysis 'focused on the huge risks associated with unstructured files that often hold high-value information, such as cryptographic keys, customer account data, or sensitive commercial contracts.' And, oh boy, did it reveal those huge risks, and then some. 'With cybercriminals now behaving like data scientists to unearth these valuable insights to fuel cyberattacks and fraud, unstructured data cannot be ignored,' Brattel warned. Organizations simply must understand the kind of information that has been leaked in any data breach, and beyond that, how it can be used in ongoing attacks and exactly who could be impacted.
