AegisAI, a security startup founded by former Google executives, has raised $36m to combat AI-driven spear-phishing attacks. The company's AI agents analyse each message in real time, detecting small anomalies that conventional checklists would miss, mimicking the way a human security analyst would review incoming mail. Source
Etched, an AI chip startup founded by three Harvard dropouts, has reached a valuation of $10.3bn after securing investment from major backers. The company has developed new chips and memory components designed to accelerate inference on any AI model without requiring GPUs. Source
AMD is launching Helios, a new rack-scale system to compete with Nvidia's dominance in AI hardware. The system will begin shipping to customers later in 2026 as the chipmaker intensifies its challenge to its larger rival's grip on the lucrative AI infrastructure market. Source
Lawmakers are preparing to introduce an "AI Kill Switch Act" that would grant the Department of Homeland Security authority to order AI companies to shut down or throttle their systems. Representatives Ted Lieu and Nathaniel Moran are expected to introduce the legislation on Thursday. Source