IT, AI & Telecommunications

IBM Renews US Open AI and Cloud Deal Through 2031 After Record Year

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IBM Renews US Open AI and Cloud Deal Through 2031 After Record Year

New York – October 29, 2026 -- IBM and the USTA have renewed their partnership for five years, keeping IBM the Official AI and Cloud Partner of the US Open through 2031, after IBM-powered digital platforms drew more than 270 million total engagements at the 2026 tournament.

The 270 million figure combines activity across USOpen.org and the US Open app. The renewal extends a relationship that IBM dates back 35 years.

IBM-built features debuted at the 2026 US Open

The collaboration began with the launch of USOpen.org in 1995, followed by the mobile app in 2009. The 2026 edition added three fan-facing features: Live Updates, Key Moments and Serve Quality. According to the companies, these run on hybrid cloud and AI technologies.

Plato Raises $16M Series A to Build AI Training Simulations

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Plato Raises $16M Series A to Build AI Training Simulations

San Francisco – October 29, 2026 -- Plato, a startup that builds simulated workplaces for training AI models, raised a $16 million Series A round led by Nava Ventures, lifting its total funding to $19 million.

Gradient Ventures, Transpose Platform and Microsoft AI CEO Mustafa Suleyman also participated. Gradient Ventures had led the company's earlier seed round. Nava Ventures founder Freddie Martignetti joins Plato's board.

Simulations let AI labs train models without touching live systems

Plato targets the shift from AI that answers questions to AI that takes action. Training models directly in live software carries real risk: a model learning to place an order could spend actual money, and one practicing an administrative task could alter real records. Plato recreates these workflows in simulations that can be reset and reused.

Tata Communications Commits $450M to 10,000 km AI Fiber Network

NEW DELHI – October 29, 2026 -- Tata Communications will invest close to USD 450 million to build an AI super highway in India, a network of around 10,000 kilometers of new long-haul fiber linking the country's key AI data-centre corridors.

The network will integrate with the company's global backbone. It is designed to give customers end-to-end connectivity for AI workloads that require low latency, resilience and scale.

Phase one targets the Mumbai-Pune-Hyderabad-Chennai corridor

The first phase covers the Mumbai-Pune-Hyderabad-Chennai route, which Tata Communications describes as one of India's most important AI and hyperscale growth corridors.

Later phases will extend to emerging East Coast and Western India data centre ecosystems, including Vizag, Bhubaneswar, Jamnagar and GIFT City. The routes will connect data centre clusters to international cable landing stations, linking India with major global AI hubs.

DealLabs' Travel Data Hits 280,000 Records as AI Queries Jump 20-Fold

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DealLabs' Travel Data Hits 280,000 Records as AI Queries Jump 20-Fold

SEOUL – October 29, 2026 -- Generative AI search and answer services accessed DealLabs' travel database more than 11,000 times per day in mid-October, up from around 600 daily accesses in late September, a nearly 20-fold increase in under a month.

DealLabs' database holds 280,000 verified records across seven cities

As of October 13, the Seoul-based company's database covered Seoul, Busan, Tokyo, Osaka, Bangkok, Taipei and Singapore. Each record carries its source and verification date. The data feeds more than 23,000 guide pages published in formats AI systems can read directly.

Osaka accounts for more than 114,000 records, including over 42,000 medical institutions and pharmacies and more than 30,000 restaurant permits. Taipei holds more than 63,000 records, among them 7,200 station-to-station fares.

Kindo Launches Deep Hat Sift to Cut LLM Costs on High-Volume Data

Los Angeles – October 29, 2026 -- Kindo has launched Deep Hat Sift, a self-improving model that decides which events in alerts, tickets and logs need a large language model and skips the rest. The product targets enterprises that pay for an LLM to review every event or keep AI agents off their busiest data sources altogether.

Sift learns from the verdicts of the agent it serves

Deep Hat Sift is a System One decision model, a fast, inexpensive class of AI that answers yes or no rather than generating text. Fixed-weight filters must be retrained and re-released to improve. Sift instead trains on the verdicts of its target agent, so no labeling project or vendor retraining is required.

Each Sift model is assigned to one data source, one target agent and one filtering task. According to Kindo, a large enterprise can run hundreds of thousands of them at once.

DERMALOG Face and Fingerprint Tech Stops All 1,500 Spoof Attacks

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DERMALOG Face and Fingerprint Tech Stops All 1,500 Spoof Attacks

Hamburg – October 29, 2026 -- DERMALOG Identification Systems GmbH's face recognition technology and TF60 fingerprint scanner detected all 1,500 presentation attacks in independent testing by certification provider Fime, producing an Attack Presentation Classification Error Rate (APCER) of 0.00% for both.

Both technologies meet Fime Level 2 PAD requirements under ISO/IEC 30107

The Presentation Attack Detection (PAD) evaluations followed the ISO/IEC 30107 standards series. Both the face recognition software and the TF60 satisfied Fime's Level 2 PAD requirements. The 1,500 attacks were counted across the two evaluations combined.

Bold Security Named to 2027 Fortune Cyber 60 in First Year

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Bold Security Named to 2027 Fortune Cyber 60 in First Year

New York – October 29, 2026 -- Bold Security, an endpoint data loss prevention (DLP) startup that has raised $40 million, has been named to the 2027 Fortune Cyber 60 in the early-stage category, its first year on the list.

Fortune list screens 60 unexited venture-backed security startups

The Fortune Cyber 60 is developed with Lightspeed Venture Partners and AWS. It covers venture-backed cybersecurity companies that have not had an IPO, acquisition or other significant exit. Lightspeed evaluates hundreds of candidates on annual recurring revenue, year-over-year growth and validated operating data, then groups the 60 selections into three stages of 20.

Vertiv Q3 Sales Surge 61% to $4.3B, Raises 2026 Guidance

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Vertiv Q3 Sales Surge 61% to $4.3B, Raises 2026 Guidance

Columbus – October 29, 2026 -- Vertiv Holdings Co (NYSE: VRT) reported third-quarter 2026 net sales of $4,313 million, up $1,637 million or 61% year over year, and raised its full-year sales guidance by $650 million as organic orders growth topped 100%.

Organic growth of 55% drives the sales jump, with acquisitions adding about 6%

Organic sales growth reached 55%, and acquisitions contributed approximately 6% of the increase. Growth was broad-based across all regions. The Americas rose 75% (66% organic), APAC 50% (48% organic) and EMEA 23% (19% organic).

Vertiv cited strong demand visibility, ongoing capacity investments and disciplined execution as the basis for raising its outlook.

Infoya Ranks 34th on Deloitte Fast 50 With 665% Revenue Growth

OAKVILLE – October 29, 2026 -- Infoya posted 665% revenue growth from 2022 to 2025, placing 34th on Deloitte's 2026 Technology Fast 50 ranking of Canada's fastest-growing technology companies.

Infoya makes the list for a second straight year

The Toronto-headquartered IT solutions provider was named to the Fast 50 for a second consecutive year. Company leadership attributes the growth to an AI-first strategy, continued investment in proprietary AI-powered platforms and client trust. Infoya also says existing clients are expanding their partnerships with the firm.

Ranking rests on four-year revenue growth and R&D spending

The Fast 50 ranks companies by the highest percentage revenue growth over four years. Eligible companies must meet these criteria:

Total Play Q3 Revenue Rises 2% to Ps.11.5B as Net Loss Doubles

MEXICO CITY – October 29, 2026 -- Total Play Telecomunicaciones reported third-quarter 2026 revenue of Ps.11,496 million, up 2% from Ps.11,301 million a year earlier. EBITDA fell to Ps.4,944 million from Ps.5,099 million, and the net loss doubled to Ps.1,331 million from Ps.665 million.

Foreign exchange swing drives the wider net loss

The company booked a foreign exchange loss of Ps.453 million, against a gain of Ps.828 million in the prior-year quarter. The peso depreciated against the currencies in which Total Play's monetary liabilities are denominated, while it had appreciated a year earlier. Operating profit rose to Ps.691 million from Ps.390 million. Depreciation and amortization fell by Ps.456 million as a group of assets reached the end of its useful life, and accrued interest expense fell by Ps.264 million.