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In Q2, Nvidia proved to be the biggest winner in the generative AI boom

Nvidia’s second-quarter earnings, released Wednesday after markets closed, show that selling generative AI boom picks and shovels can be lucrative. A new computing era has begun. Nvidia founder and CEO Jensen Huang said companies worldwide are moving from general-purpose to accelerated computing and generative AI. Huang is right. Nvidia dominates …

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Wand.app raises $4.2M to scale its AI-powered artist tool

Wand.app, an AI-powered creative tool that lets artists manually customize and visualize their ideas, raised $4.2 million in seed funding led by O’Shaughnessy Ventures. Wand uses visual tools and personalization to bridge the gap between AI-powered creative tools and artists who have specific visions for their work. Wand was founded …

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Hackers steal broker funds using WinRAR zero-day bug

A zero-day vulnerability in WinRAR, a popular Windows shareware archiving tool, is being used by cybercriminals to steal traders’ funds. In June, cybersecurity firm Group-IB discovered the WinRAR ZIP file processing vulnerability. Hackers can hide malicious scripts in archive files disguised as “.jpg” images or “.txt” files to compromise target …

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