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Author: DEROBS

  • S&P Global completes acquisition of blockchain security firm OpenZeppelin

    S&P Global completes acquisition of blockchain security firm OpenZeppelin

    S&P Global (NYSE: SPGI) has formally announced the completion of its acquisition of OpenZeppelin. The transaction integrates OpenZeppelin, which is recognized for providing security standards for onchain finance, into S&P Global’s existing digital portfolio.

    The acquisition marks a strategic move for S&P Global to incorporate specialized blockchain security expertise into its financial information and analytics operations. OpenZeppelin has established a reputation for its focus on smart contract security and the development of tools intended to protect decentralized finance applications and protocols.

    As the digital economy continues to expand, the integration of security infrastructure remains a priority for traditional financial institutions moving into the onchain space. By acquiring OpenZeppelin, S&P Global gains access to the firm’s technical frameworks used to secure various onchain assets and platforms.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111442/sp-global-closes-openzeppelin-acquisition?utm_medium=rssfinextra&utm_source=finextrafeed

  • Tipalti expands finance platform with new treasury solution

    Tipalti expands finance platform with new treasury solution

    Tipalti, a company providing an agentic AI platform for finance, has announced the launch of Tipalti Treasury. This new offering serves as a fully integrated treasury management solution for the firm’s client base.

    The release follows Tipalti’s acquisition of Statement, which took place in 2025. The integration of the technology acquired from Statement forms the foundation of this new treasury platform, designed to expand the company’s financial operations suite.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111443/tipalti-introduces-treasury-tech?utm_medium=rssfinextra&utm_source=finextrafeed

  • PayTabs moves to acquire SeaPay to expand Saudi Arabian payment infrastructure

    PayTabs moves to acquire SeaPay to expand Saudi Arabian payment infrastructure

    PayTabs Group, a payment solutions provider operating within the MENA region, has announced the signing of a memorandum of understanding (MOU) to acquire 100% of SeaPay, also known as the Arab Sea Financial Company.

    The target entity, SeaPay, is currently a subsidiary of the Saudi-listed Arab Sea Information Systems Company. According to the announcement, the strategic move is intended to bolster the payment infrastructure and revenue model for PayTabs within Saudi Arabia, which the company identifies as its largest market.

    By integrating SeaPay’s operations, PayTabs aims to further solidify its market position as it continues to develop its fintech offerings in the region.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111444/paytabs-agrees-to-buy-seapay-in-saudi-arabia?utm_medium=rssfinextra&utm_source=finextrafeed

  • AI software engineering firm Cognition expands UK operations

    AI software engineering firm Cognition expands UK operations

    Cognition, the artificial intelligence company known for developing the autonomous software engineer Devin, has officially announced an expansion of its footprint in the United Kingdom. The company is increasing its presence in London as it looks to grow both its local team and its customer base in the region.

    This strategic move is part of a broader investment by the firm into its operations across Europe, the Middle East, and Africa (EMEA). By scaling its UK presence, Cognition aims to better support its expanding portfolio of clients and enhance its AI development capabilities within the British technology sector.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111445/ai-software-engineering-firm-cognition-expands-uk-presence?utm_medium=rssfinextra&utm_source=finextrafeed

  • SpaceX secures $40 billion in debt financing as capital markets tighten

    SpaceX secures $40 billion in debt financing as capital markets tighten

    SpaceX has secured $40 billion in debt financing, according to statements made by CEO Elon Musk. The move highlights the company’s continued access to large-scale capital as it pursues its ambitious space infrastructure projects.

    Alongside the announcement, Musk noted that the broader funding environment for capital-intensive ventures may be changing, suggesting that available capital sources could be tightening. This observation comes as the company continues to manage significant development and operational costs associated with its satellite and launch platforms.

    As the primary source material is limited in scope, further details regarding the terms of the debt financing, the participating lenders, or specific intended use of the funds were not provided. DEROBS will continue to monitor developments concerning SpaceX’s financial strategy and its implications for the broader digital and space infrastructure economy.

    Source: Data Center Dynamics
    Original article: https://www.datacenterdynamics.com/en/news/spacex-secures-40bn-in-debt-financing-elon-musk-says/

  • Generative AI now accounts for half of AI systems in UK financial services

    Generative AI now accounts for half of AI systems in UK financial services

    Generative artificial intelligence has seen rapid adoption within the United Kingdom’s financial services sector over the last two years, according to a recent survey conducted by the Bank of England and the Financial Conduct Authority (FCA).

    The findings indicate that generative AI technologies have become a significant component of the industry’s digital landscape, currently accounting for more than 50% of all artificial intelligence systems in use across UK financial firms.

    This growth marks a substantial shift in the deployment of emerging technologies within the sector. As these firms continue to integrate advanced AI models, the data highlights the scale of the transition toward generative capabilities, which differ from traditional, non-generative AI systems previously prevalent in financial operations.

    Source: Finextra
    Original article: https://www.finextra.com/newsarticle/48648/uk-fs-sector-embraces-genai?utm_medium=rssfinextra&utm_source=finextrafeed

  • Managing energy costs in data center operations

    Managing energy costs in data center operations

    Data center operators are increasingly focused on the challenge of managing power consumption as energy costs remain a critical operational concern. Balancing the high power requirements of modern digital infrastructure with the need to maintain cost-efficiency is a central priority for facility managers.

    The current landscape requires operators to scrutinize energy usage patterns to prevent operational costs from spiraling, as data centers continue to serve as essential assets in the modern digital economy.

    Source: Data Center Dynamics
    Original article: https://www.datacenterdynamics.com/en/opinions/navigating-data-centers-power-price-conundrum/

  • Microsoft releases emergency .NET updates for critical Brotli vulnerability

    Microsoft releases emergency .NET updates for critical Brotli vulnerability

    Microsoft has deployed emergency security updates for its .NET framework to address a critical vulnerability. The security flaw is being identified under several aliases, including Brotli2Shell, Node2Shell, and HTTP2Shell.

    As these patches are categorized as emergency releases, organizations utilizing .NET infrastructure are advised to review the update requirements immediately to mitigate potential risks associated with the vulnerability. Microsoft’s latest security response highlights the ongoing maintenance necessary to secure widely deployed development frameworks against critical threats.

    Source: BleepingComputer
    Original article: https://www.bleepingcomputer.com/news/microsoft/microsoft-releases-emergency-net-patches-for-critical-brotli-flaw/

  • Cooler Master introduces 2.5MW in-row coolant distribution unit

    Cooler Master introduces 2.5MW in-row coolant distribution unit

    Cooler Master, a company primarily known for its PC gaming hardware, has announced a significant expansion of its enterprise-grade data center cooling lineup. The company has unveiled a new 2.5MW in-row coolant distribution unit (CDU), signaling a continued strategic shift toward high-performance infrastructure solutions.

    Coolant distribution units are critical components in modern data center environments, particularly as high-density computing loads—such as those required for AI training and large-scale server operations—necessitate more efficient thermal management. The in-row design allows for modular integration within server rows, providing localized cooling capacity to support increasingly powerful hardware.

    As the demand for specialized thermal management solutions rises alongside server power requirements, Cooler Master’s entry into this segment reflects the broader trend of PC and consumer-focused hardware manufacturers adapting their engineering expertise for data center applications.

    Source: Data Center Dynamics
    Original article: https://www.datacenterdynamics.com/en/news/cooler-master-announces-25mw-in-row-cdu/

  • NVIDIA introduces Minerva to manage AI factory telemetry data

    NVIDIA introduces Minerva to manage AI factory telemetry data

    NVIDIA has announced Minerva, a new solution designed to address the operational challenges inherent in modern AI factories. As these facilities grow in scale—often utilizing hundreds of thousands of GPUs alongside sophisticated networking fabrics like NVIDIA Spectrum-X and NVLink—managing the resulting volume of telemetry data has become an increasingly complex task.

    AI factories operate as massive, integrated production systems, requiring continuous synchronization across distributed schedulers, fabric layers, and compute resources. This complexity is often compounded by the involvement of multiple teams overseeing different segments of the infrastructure. Minerva is designed to navigate this “telemetry chaos,” providing a framework to turn massive streams of operational data into actionable insights, ultimately aimed at improving GPU yield and maintaining consistent performance across extended training runs.

    By centralizing and interpreting telemetry from disparate layers of the AI fabric, the tool seeks to help operators maintain the stability and efficiency required for large-scale AI training environments.

    Source: NVIDIA
    Original article: https://developer.nvidia.com/blog/how-nvidia-minerva-turns-telemetry-chaos-into-peak-gpu-yield/