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Aaron Holmes / The Information: Source: Microsoft plans to release an AI security tool this month using models from Anthropic, OpenAI, and itself, as a cost-effective Mythos alternative  —  Microsoft is preparing to release a new AI security product, internally codenamed Project Perception, to capture a piece of companies’ rising cyber defense spending. Source link

Milana Vinn / Reuters: Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday’s close, valuing it at $53B+  —  Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc (PYPL.O) … Source link

Aisha Malik / TechCrunch: Google Images launches a Pinterest-like redesign with a browsable, dynamic gallery of images, and adds a way for users to create AI images in Search  —  Google Images, the tech giant’s image search engine, is taking on Pinterest with its latest redesign that turns the site into a browsable … Source

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Ben Cohen / Wall Street Journal: A look at Bending Spoons’ hiring process: the company, which owns Vimeo, AOL, and Evernote, received 800,000 job applications last year and made only 286 hires  —  Getting an offer from Bending Spoons, which owns AOL, has become harder than getting into Harvard Source link

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Wall Street Journal: Fidji Simo says she has decided to leave her full-time role at OpenAI and transition to being a part-time adviser after her medical condition worsened  —  The head of artificial general intelligence won’t return from extended medical leave, a major leadership change as the AI giant prepares to go public Source link

The Information: Filings: Grubhub parent Wonder is raising hundreds of millions at a $9B valuation; source: founder Marc Lore indicated he’ll contribute $200M to the round  —  Wonder, the owner of GrubHub and Blue Apron, is lining up hundreds of millions of dollars, at a valuation of $9 billion, in what could be its last

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