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WebSouth Korea, Japan buffeted by hacks as AI lowers bar for cybercriminals
10+ hour, 39+ min ago (602+ words) By Kyu-seok Shim, Brenda Goh and Kentaro Okasaka SEOUL/TOKYO, - South Korean and Japanese companies are racing to strengthen cyber defences after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for…...
TCS gets a lift from the anti-AI trade, but earnings risks are building
10+ hour, 39+ min ago (480+ words) India’s Nifty IT index rose 2.3% on Friday, emerging as the biggest gainer among sectoral indices. The rally came amid media reports that OpenAI’s annualized revenue stood at roughly $50 billion at September-end, around $20 billion lower than previously indicated. With India seen…...
India plans AI regulation: Deepfakes, user safety in focus as Vaishnaw signals paper
10+ hour, 39+ min ago (423+ words) India is on the verge of taking a step forward in regulating Artificial Intelligence (AI), with the government expected to publish a consultation paper soon. Union Minister of State for Information Technology Ashwini Vaishnaw on Thursday said that while the…...
Musk loses trillionaire status; Jensen Huang, Larry Ellison lose $15 bn amid IT stock sell-off | Who lost how much
10+ hour, 39+ min ago (453+ words) Elon Musk on Thursday lost his trillionaire status for the second time in a month after a sharp fall in SpaceX and Tesla shares wiped $36.4 billion off his fortune in a single trading session. According to Forbes, Musk’s net worth…...
In a world of drones and self-driving cars, can technology secure flights from rogue pilots?
10+ hour, 39+ min ago (545+ words) The cockpit clash aboard a FlyDubai flight late last month that nearly cost the crew and passengers their lives exposed a worrisome vulnerability in civil aviation. Flying from Dubai to Tel Aviv, the aircraft plunged after its co-pilot attacked the…...
OpenAI’s Revenue Run Rate Nears $50 Billion, Less Than Reported
10+ hour, 39+ min ago (240+ words) (Bloomberg) -- OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an uptick from the prior year but less than some recently reported estimates for the ChatGPT…...
Creators chase IP ownership, legal bills follow
10+ hour, 39+ min ago (59+ words) Livemint Creators chase IP ownership, legal bills follow Creators are moving beyond brand deals to build their own intellectual property (IP), including shows, formats, products and businesses. But owning that IP also means incurring a growing set of costs, particularly…...
Chinese developer makes ARTEX AI agent closed-source after Korean bank hack
10+ hour, 39+ min ago (300+ words) SEOUL, - The Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as a tool used in a recent cyberattack campaign against South Korean banks. "Given the misuse of the…...
AI Debt Spree Hammers Tech Debt as Traders Rush to Reprice Risk
10+ hour, 39+ min ago (445+ words) (Bloomberg) -- The rush to finance AI is rattling investors in the more than $10 trillion US corporate market, sparking a repricing of risks around some of the biggest technology companies that’s showing up in spiking prices for credit insurance, heightened volatility…...
Amitabh Bachchan’s granddaughter Navya Naveli Nanda launches venture arm to invest in AI, space, clean energy
1+ day, 10+ hour ago (405+ words) Navya Naveli Nanda, granddaughter of Amitabh Bachchan, has announced the launch of Naveli Ventures, a strategic venture arm of the Nanda Family Office. The platform will back startups and research-driven opportunities in sectors such as artificial intelligence, deep-tech, space, clean…...