Semiconductor giant Nvidia ( NVDA) announced on Wednesday that it has invested in Deep Instinct, an Israeli startup that uses deep learning to prevent cyberattacks.
Deep Instinct implements a "GPU-based neural network and CUDA (a computing platform invented by Nvidia) to achieve 99% detection rates, compared with about 80% detection from conventional cyber security software," Nvidia said.
Deep Instinct was recently named a "Technology Pioneer" by The World Economic Forum and the "Most Disruptive Startup" at NVIDIA's 2017 Inception Awards.
"Deep Instinct is an emerging leader in applying GPU-powered AI through deep learning to address cybersecurity, a field ripe for disruption as enterprise customers migrate away from traditional solutions. We're excited to work together with Deep Instinct to advance this important field," said Jeff Herbst, Nvidia's vice president of business development.
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Money is just being given away: Warren Buffett donated roughly $3.17 billion of Berkshire Hathaway Inc. (BRK.A) (BRK.B) stock earlier this week to the Bill and Melinda Gates Foundation and four family charities.
It is the 86-year-old billionaire's largest contribution in his plan to give away his fortune. In 2010, Buffett, Microsoft Corp. (MSFT) co-founder Bill Gates and his wife created The Giving Pledge, a project that encourages billionaires to give more than half of their wealth to philanthropy. TheStreet takes a look at some of the wealthiest people who have pledged to give their money to charity when all is said and done.