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The cable bundle of the future is officially here

Plus: iOS 17 and iPadOS 17 are now available

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Cash Nut
September 19, 2023


In Today’s Edition

  • Cato Network secured $238 M and is now valued at $3B

  • HiddenLayer secured $50M for its AI-defending cybersecurity tools

  • Google and the Department of Defense are building an AI-powered microscope to help doctors spot cancer

  • iOS 17 and iPadOS 17 are now available

  • Funky AI-generated spiraling medieval village captivates social media

  • The US military just proved it can get satellites into space super fast

🚀Startups Nuts

Tel Aviv-based Cato Networks has raised $238m in equity investment, valuing the cybersecurity firm at over $3bn. Led by LightSpeed Venture Partners, the funding round also saw participation from Adams Street Partners, Softbank Vision Fund 2, Sixty Degree Capital, and Singtel Innov8. Cato intends to use the funding to expand its product offerings and global reach and grow its engineering and product team. The firm offers a cloud-based mesh that enables businesses to connect to network resources, regardless of location. It eliminates the need for IT teams to manage operational complexities, risks, costs, and manual effort.

HiddenLayer, a cybersecurity startup focused on safeguarding AI models from adversarial attacks, has raised $50 million in a funding round led by M12 and Moore Strategic Ventures, with participation from IBM, Booz Allen Hamilton, TenEleven, and Capital One. HiddenLayer's platform equips data scientists with tools to monitor the inputs and outputs of AI systems and assess their integrity before deployment. The latest funding will support the startup's go-to-market strategies, R&D, and workforce expansion from 50 to 90 employees by year-end. HiddenLayer has gained traction with partnerships with companies like Databricks and Intel and Fortune 100 customers in various industries, including finance, government, defense, and cybersecurity.

🏭Business Nuts

Charter and Disney have agreed on a package that will provide subscribers with Disney Plus Basic when they pay for Spectrum's TV Select package. Subscribers who choose Spectrum TV Select Plus will also get ESPN Plus. Spectrum cable customers will soon be able to bundle multiple streaming services on their bills.

The Department of Defense has teamed up with Google to build an AI-powered microscope that can help doctors identify cancer. The tool is called an Augmented Reality Microscope, and it will usually cost health systems between $90,000 to $100,000. Experts believe the ARM will help support doctors in smaller labs as they battle with workforce shortages and mounting caseloads.

📱Tech Nuts

iOS 17 and iPadOS17 bring new features such as Contact Posters, Live Voicemail, and upgraded autocorrect. iOS 17 will have a feature called StandBy that turns iPhones into a display while charging. iPadOS 17 allows users to personalize their lock screens and add interactive widgets. Apple has also released tvOS 17.

A Reddit user recently posted an AI-generated image of a spiral-shaped medieval village that gained rapid attention on social media for its remarkable geometric qualities. The image was created using Stable Diffusion and a guidance technique called ControlNet. A similar technique for producing QR codes went viral earlier this year. This article explains how the artwork was generated. Examples of other similar artworks are available.

🔥Newsletter Spotlight

News Without Motives.

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🎁Miscellaneous

The US military has been pushing satellite and launch companies to become more responsive in their ability to put spacecraft into space so that assets can be rapidly replaced in orbit if they are destroyed during a conflict. It contracted with US launch company Firefly to build a spacecraft that can be put into orbit within 24 hours of receiving the go command from the military. The system was recently tested, with Firefly successfully launching a satellite within 27 hours of receiving the go command.

💡What else are we reading and seeing?

😎Fun Fact

The term "billionaire" was first coined in 1916 to describe John D. Rockefeller's wealth

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