Nvidia's Grace Blackwell superchip part of $9 billion AI chip plan

Cranium AI has made significant moves in the AI security space, partnering with ISTARI to provide a comprehensive AI security and governance solution for global organizations. The company has also acquired Aiceberg to strengthen its end-to-end AI security, governance, and agentic AI platform.

Meanwhile, Foundation has raised $6.4 million in funding to develop hardware that authorizes AI agents in real-time. The company's flagship product, Passport Prime, is a handheld device that functions as a bitcoin hardware wallet, FIDO security key, and secrets vault.

In other news, the White House has approved a $9 billion request for advanced computer chips to support AI models, with Nvidia's Grace Blackwell superchip being a key part of the plan. This comes as Nvidia's stock has been drifting, while other automotive AI stocks like BlackBerry, Mobileye, and Aurora Innovation have seen gains.

Cursor, an AI coding software company, has reached a $3 billion annual sales rate ahead of its expected acquisition by SpaceX. TRU's AI-driven cervical cancer screening device has achieved 42% sales growth in FY26, with over 1 million women screened globally.

Additionally, SoftBank shares have extended their rally on optimism over AI investments and potential initial public offerings. However, a new survey has found that nearly all firms admit to shipping code they know is vulnerable, highlighting the ongoing challenges in AI security.

Key Takeaways

['Cranium AI partners with ISTARI to provide AI security and governance solutions for global organizations.', 'Cranium AI acquires Aiceberg to strengthen its end-to-end AI security, governance, and agentic AI platform.', 'Foundation raises $6.4 million for AI agent hardware, including its flagship product Passport Prime.', 'White House approves $9 billion request for advanced computer chips to support AI models.', 'Cursor reaches $3 billion annual sales rate ahead of SpaceX deal.', "TRU's AI-driven cervical cancer screening device achieves 42% sales growth in FY26.", 'SoftBank shares rise on AI optimism and potential IPOs.', 'Most firms admit to shipping vulnerable code, despite AI-generated code making it unaffordable.', "BlackBerry's QNX segment revenue surges, driving stock gains.", "Keysight Technologies' stock falls 6.6% after reporting record Q2 results and surging AI-driven revenue growth."]

Cranium AI and ISTARI team up for AI security

Cranium AI and ISTARI have partnered to provide a comprehensive AI security and governance solution for global organizations. This partnership combines Cranium AI's AI security platform with ISTARI's advisory expertise in cyber risk and operating model design. The goal is to help enterprises navigate the complexities of AI transformation and ensure sustainable AI governance.

Cranium AI acquires Aiceberg for AI security

Cranium AI has acquired Aiceberg to strengthen its end-to-end AI security, governance, and agentic AI platform. This acquisition provides organizations with unprecedented visibility, protection, and governance across their entire AI ecosystem. The combined platform addresses pressing challenges in modern AI adoption, including end-to-end security, agentic governance, and regulatory readiness.

Cranium AI buys Aiceberg to boost AI security

Cranium AI has acquired Aiceberg to enhance its AI security capabilities. The acquisition brings together Cranium AI's robust AI security framework and Aiceberg's advanced AI agentic risk-mapping technology. This integration provides organizations with comprehensive visibility and protection across their AI ecosystem.

Foundation raises $6.4M for AI agent hardware

Foundation has raised $6.4 million in funding to develop hardware that authorizes AI agents in real-time. The company's flagship product, Passport Prime, is a handheld device that functions as a bitcoin hardware wallet, FIDO security key, and secrets vault. Foundation plans to launch a KeyOS app store and expand into AI agent and identity security.

Foundation expands from bitcoin to AI security

Foundation is shifting its focus from bitcoin hardware wallets to AI agent authorization and digital identity security. The company has raised $6.4 million in funding to support this expansion. Foundation's KeyOS platform allows developers to build security policies and identity workflows directly on the device.

SIU's Pontikes Center trains data scientists

Southern Illinois University's Pontikes Center is training students to become data scientists and analysts. The center focuses on practical applications of data science and AI, working with industry partners to provide real-world projects and internships. Students learn to translate technology and data for the business world.

Automotive AI stocks surge

BlackBerry's stock surged 18% after reporting record QNX segment revenue. Mobileye and Aurora Innovation also saw gains, with Mobileye's Q1 revenue up 27% and Aurora's record commercial autonomous trucking miles. NVIDIA's stock drifted, while BlackBerry's QNX software-defined vehicle platform is attracting investors.

White House approves $9B for AI chips

The White House has approved a $9 billion request for advanced computer chips to support AI models. The funding will help US spy agencies keep pace with AI technology and address chip shortages. The acquisition of Nvidia's Grace Blackwell superchip is a key part of the plan.

TRU sees rapid growth in AI-driven cervical cancer screening

TRU's AI-driven cervical cancer screening device has achieved 42% sales growth in FY26, with over 1 million women screened globally. The company has strong clinical validation and is expanding in low- and middle-income countries.

Cursor hits $3B annual sales rate before SpaceX deal

Cursor, an AI coding software company, has reached a $3 billion annual sales rate ahead of its expected acquisition by SpaceX. The company's revenue has grown significantly, with a 42% increase in annualized revenue in late April.

SoftBank shares rise on AI optimism

SoftBank shares have extended their rally on optimism over AI investments and potential initial public offerings. The company's stock has surged 14% to reach levels near its record high.

Most firms admit to shipping vulnerable code

A new survey has found that nearly all firms admit to shipping code they know is vulnerable. The use of AI-generated code has made it unaffordable for organizations to ship code they know is vulnerable, but they continue to do so.

Keysight Technologies stock falls 6.6%

Keysight Technologies' stock has fallen 6.6% after reporting record Q2 results and surging AI-driven revenue growth. The company's strong performance in AI-driven testing and measurement solutions has driven its revenue growth.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Security Cranium AI ISTARI AI Governance Cyber Risk Operating Model Design AI Transformation AI Ecosystem Aiceberg Agentic AI Regulatory Readiness AI Adoption AI Agent Hardware Foundation Passport Prime KeyOS AI Agent Authorization Digital Identity Security Data Science AI Stocks Automotive AI NVIDIA QNX AI Chips White House US Spy Agencies AI Models TRU Cervical Cancer Screening AI-Driven Screening Cursor AI Coding Software SpaceX SoftBank AI Investments Initial Public Offerings AI-Generated Code Vulnerable Code Keysight Technologies AI-Driven Revenue Growth AI-Driven Testing Measurement Solutions

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