Payment data encryption startup Evervault Inc. said today it’s aiming to become the internet’s “clearing house for sensitive data” after raising $25 million in a Series B round of funding.

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The commonly used RSA encryption algorithm can now be cracked by a quantum computer with only 100,000 qubits, but the technical challenges to building such a machine remain numerous ...

AES-256 remains the gold standard for high-stakes data encryption. While other, more lightweight and less-energy-intensive encryption methods do exist, they operate with multiple trade-offs in ...

By Sumit Saha March 2 (Reuters) - A consortium led by BlackRock's Global Infrastructure Partners and Swedish private-equity firm EQT AB has agreed to buy U.S. power company AES Corp for $33.4 billion, ...

Feb 24 (Reuters) - AES Corp said on Tuesday it has signed a 20-year agreement with Google to supply power to the U.S. tech ...

The breakthrough addresses concerns that powerful quantum computers could eventually crack encryption standards to leave vulnerable financial systems, government communications, health data and media.

The transaction is the latest big announcement in a hot market for US power and utilities mergers and acquisitions, as companies jostle for position in anticipation of AI-driven demand spike.