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AI voice company ElevenLabs has doubled its valuation to $22 billion after completing a $300 million employee tender offer, marking a sharp increase from the $11 billion valuation it reached in its February funding round. The tender was led by investment firms Wellington and T. Rowe Price, with participation from existing backers including Andreessen Horowitz and Lightspeed, as ...

An elaborate social engineering scheme utilizing artificial intelligence voice cloning and spoofed mobile messaging has defrauded Fideuram - the private banking arm of Italy’s largest financial institution, Intesa Sanpaolo - out of approximately €95 million ($103 million). The attack represents one of the largest synthetic media financial heists recorded to date, illustrating th...

Network management specialist Auvik and cyber protection provider Acronis have announced a strategic OEM partnership to embed Auvik’s automated network monitoring and management technology directly into Acronis RMM. The native integration aims to reduce tool sprawl for managed service providers (MSPs) and internal IT teams by bringing endpoints, servers, and complex network infr...

Cybersecurity researchers have exposed an underground residential proxy operation dubbed "LeakySensey," which monetized unauthorized access to more than 87,000 compromised IP addresses globally. Operating out of Russia, the illicit proxy network turned hijacked consumer routers, firewalls, and legacy VPN appliances into commercial exit nodes sold to cybercriminals, spam operator...

Frontier AI developer Anthropic has launched the Claude Frontier Academy, backed by a $100 million financial commitment aimed at training 10,000 enterprise AI specialists by the end of 2027. The initiative addresses a growing implementation bottleneck across corporate settings, where a lack of skilled deployment talent continues to delay production-grade artificial intelligence ...