Cato Networks' $350M Acquisition, Lambda's IPO Plans, and OpenAI's LinkedIn Rival - Daily AI Brief #275
September 05, 2025 -
Daily AI Brief
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Welcome to today's AI Brief.
Cato Networks has acquired Aim Security for $350 million, marking a significant move in the cybersecurity sector. Meanwhile, Lambda is preparing for a 2026 IPO with major banks, indicating its growth trajectory in the AI industry. In another major acquisition, Atlassian plans to acquire The Browser Company for $610 million.
OpenAI has unveiled a new AI hiring platform to compete with LinkedIn, while Google Photos enhances its image-to-video capabilities with the introduction of Veo 3. Additionally, a Barclays banker has predicted a major AI M&A deal, and Google DeepMind has introduced the EmbeddingGemma Model.
Welcome to today's AI Brief.
Cato Networks has acquired Aim Security for $350 million, marking a significant move in the cybersecurity sector. Meanwhile, Lambda is preparing for a 2026 IPO with major banks, indicating its growth trajectory in the AI industry. In another major acquisition, Atlassian plans to acquire The Browser Company for $610 million.
OpenAI has unveiled a new AI hiring platform to compete with LinkedIn, while Google Photos enhances its image-to-video capabilities with the introduction of Veo 3. Additionally, a Barclays banker has predicted a major AI M&A deal, and Google DeepMind has introduced the EmbeddingGemma Model.
Cato Networks Acquires Aim Security for $350 Million
Israeli cybersecurity company Cato Networks has acquired Tel Aviv-based AI security startup Aim Security for an estimated $350 million. This acquisition is Cato's first since its founding in 2015. Read more
Lambda Prepares for 2026 IPO with Major Banks
AI cloud provider Lambda has enlisted Morgan Stanley, J.P. Morgan, and Citi to assist with its initial public offering (IPO) in the U.S., targeting a listing in the first half of 2026. Read more
Atlassian to Acquire The Browser Company for $610 Million
Atlassian has announced its agreement to acquire The Browser Company for $610 million in cash. The acquisition aims to develop an AI-powered browser for knowledge workers. Read more
OpenAI Unveils AI-Powered Hiring Platform
OpenAI has announced the development of the OpenAI Jobs Platform, an AI-powered hiring service aimed at connecting businesses with employees. The platform is expected to launch by mid-2026 and will feature tools for small businesses and local governments. Read more
Google Photos Enhances Image-to-Video with Veo 3
Google Photos has introduced Veo 3 to improve its image-to-video feature, enabling U.S. users to create higher-quality video clips from still images. Read more
Barclays Banker Predicts Major AI M&A Deal
Andrew Woeber of Barclays anticipates a merger and acquisition deal exceeding $100 billion in the AI sector within the next year, driven by significant investments from major tech companies. Read more
Google DeepMind Introduces EmbeddingGemma for On-Device AI
On September 4, 2025, Google DeepMind announced EmbeddingGemma, an open model for on-device AI applications, featuring 308 million parameters for multilingual text embeddings. Read more
Stripe Launches Blockchain Company Tempo
Stripe has announced the creation of a new blockchain company called Tempo, focusing on high-volume stablecoin processing. The initiative includes partnerships with Anthropic, OpenAI, and others, aiming to optimize payments for real-world financial applications. Read more
OpenAI Partners with Broadcom for AI Chip Development
OpenAI is collaborating with Broadcom to design and manufacture its own AI chips, aiming to reduce reliance on Nvidia. The chips are expected to be used internally by 2026. Read more
Other news
UST has completed the sale of its subsidiary UST HealthProof to Bain Capital, allowing UST to concentrate on AI and technology solutions. Meanwhile, Vouched has secured $17 million in Series A funding to expand its digital identity verification platform, enhancing both human and AI agent capabilities.
- Vouched Secures $17M for AI Identity Verification
- Alpic Secures €5.1 Million for MCP-native Cloud Platform
- Intel Launches OpenVINO 2025.3 with GenAI and Arc Pro B-Series Support
- Sola Security Secures $35M for AI Cybersecurity
- Ketryx Secures $39 Million for AI Compliance
- Ant International Unveils AI Payment Solution
- India's Drug Regulator to Use AI for Efficiency
- European Commission Seeks Feedback on AI Transparency Guidelines
- Proprio Appoints Adam Spice to Board
- Throxy Introduces Pay-Per-Meeting Sales Model
- Quickplay Introduces AI Studio for Content Monetization
- Collabra.ai Appoints New CEO Chris Ellis
- Lit Protocol Introduces Vincent Early Access for AI in DeFi
- Sierra Technologies Inc. Raising $350 Million at $10 Billion Valuation
- Rackspace Technology Names New CEO
- Together AI Expands in Europe with New GPU Infrastructure and Workshops
- Cisco, NVIDIA, and VAST Data Launch AI Solution
- PABLO AIR and VOLK Merge to Compete in Defense Drone Market
- Dyna Robotics Eyes $600 Million Valuation in New Funding Round
- Mayo Clinic AI Detects Pancreatic Cancer Earlier
- Vivrelle, Revolve, and FWRD Introduce AI Stylist 'Ella'
- OData Secures $1.02 Billion for Sustainable Projects
- FTC Investigates AI Firms Over Child Mental Health Risks
- Anthropic Restricts AI Services for Chinese-Owned Entities
- Offset Labs Secures €600k for AI Lab in Defence
- Audiio and AudioShake Launch AI Model for Filmmakers
- UST Sells UST HealthProof to Bain Capital
- Ultrasound AI Secures U.S. Patent for Medical Imaging AI
- AVAIO Digital and Schneider Electric to Build AI-Optimised Data Centres
- Nemetschek Group Acquires Firmus AI
- Captions Rebrands as Mirage, Focuses on AI Video Tools
- Pentagon Invests in NUVIEW for Space-Based LiDAR
- LG Electronics Wins AI Data Center Cooling Contract in US
- GenCare Lifestyle Adopts Kevala Platform for Workforce Efficiency
- Scality Appoints New VP for AI Storage Solutions
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