Here's a look at today's top tech news on March 11, 2026:
Artificial Intelligence (AI) and Funding:
- Samaipata's €110M AI Fund: Pan-European venture capital firm Samaipata has launched its third fund, Samaipata III, worth €110 million. This fund is dedicated to early-stage tech startups focused on AI across Europe, with plans to invest in 25 to 30 AI-native companies, particularly in the UK, Spain, France, and Germany.
- CANAL+ and Google Cloud Partnership: CANAL+ has announced a new multi-year partnership with Google Cloud, focusing on AI. Starting in June 2026, CANAL+ will implement Google Cloud's latest generative AI technologies in its European and African markets to enhance content recommendations and drive video creativity.
- Daifuku's Tokyo Lab: Daifuku Co., Ltd. has opened its Tokyo Lab, a new research and development hub for advanced technologies, including AI, IoT, and digital twins, to further integrate AI and robotics into next-generation material handling systems.
- Cohesity's AI-Powered Data Security: Cohesity has unveiled new AI-powered data security enhancements to bolster enterprise resilience. These updates aim to strengthen data protection and security portfolios as AI adoption accelerates, helping organizations detect threats earlier and validate clean recovery points.
- Alibaba AI Engineer Departs: Lin Junyang, a key technical lead behind Alibaba Group Holding Ltd.'s popular open-source AI model series Qwen, has left the company, causing ripples in China's AI sector and raising questions about talent retention.
Tech Market and IPOs:
- Anticipated Tech IPOs in 2026: The year 2026 is expected to see a rebound in Initial Public Offerings (IPOs), particularly in the tech sector. High-profile companies like Anthropic (maker of Claude) and OpenAI (maker of ChatGPT) are widely tipped for potential listings, with SpaceX reportedly weighing a record-scale IPO at approximately US$1.5 trillion. Australian tech darling Canva is also anticipated to launch on US markets with an estimated valuation of around $65 billion.
- Hang Seng Index Gains: The Hang Seng Index opened higher today, with technology stocks broadly outperforming. Tencent saw a significant 4.4 percent increase, while Alibaba gained 1.5 percent.
Cybersecurity and Outages:
- Weekly Cyber Breach News: This week's cybersecurity incidents include warnings from Cisco about two critical flaws in its Catalyst SD-WAN Manager and a ransomware attack claimed by Qilin against the U.S. electric cooperative TVEC. The Wikimedia Foundation experienced a self-propagating malware incident, Dutch paint giant AkzoNobel confirmed a major breach, and LexisNexis reported a cybersecurity incident in its Legal & Professional division.
- Instagram Outage: Instagram is reportedly experiencing global downtime, with thousands of users, particularly in the US, facing issues sending messages and accessing the app.
New Products and Solutions:
- Connect Tech's ThermiQ™ Cooling Solutions: Connect Tech Inc. has launched ThermiQ™ Edge AI Cooling Solutions, purpose-engineered thermal management for NVIDIA® Jetson™ deployments. These standalone solutions are designed to maintain stable performance under sustained workloads and harsh environmental conditions.