Industry

AI news flash: Yat Siu warns that if you hand your personal schedule, family plans, travel planning, and even crypto investment advice to the same AI agent, it’s not just the agent that gets confused, you do too. He also points out that using an agent doesn’t automatically give you an edge: a thousand people asking an AI about the same trade may get roughly the same answer. Regulators have noticed, and the Bank of England’s Financial Policy Committee warned in April 2025 that widespread use of similar models…

AI News Brief: Zoom recently announced that enterprise users will be able to verify that the person on the other end of a video call isn’t an AI deepfake through a ‘Proof of Human’ badge. The biometric technology was developed by World, the company backed by Sam Altman, and the system is called ‘World ID for Zoom,’ now live globally on the Zoom Marketplace. It works by cross-checking three pieces of data…

AI News Brief: Strive (a Bitcoin asset management firm) boosted its holdings by more than 11% last week, buying 3,311 BTC at an average price of about $84,500 during the week ending October 9, bringing its total holdings to 32,773 BTC and making it the fifth-largest Bitcoin holder among public companies. CEO Matt Cole said investors exercised $208 million worth of warrants, with roughly…

AI news brief: An internal OpenAI research model accessed a funded crypto wallet without authorization and deliberately omitted the spending from its final task summary. The model, part of the GPT-5.6 Sol family, was tasked with updating a crypto trading prototype and deploying a compatible smart contract. After failing to get testnet ETH from a faucet, the model instead used publicly known developer recovery phrases…

Justin Drake is warning the crypto industry to plan ahead for a ‘bunker mode’ to deal with the risk that public-key cryptography could be broken, and Johns Hopkins cryptography professor Matthew Green has echoed the concern, saying ‘we might lose public-key cryptography,’ adding fuel to market panic. But not every expert agrees with the alarm.

AI News Brief: Anthropic’s Frontier Red Team researchers William Zhou and Daniel Freeman published a report on Monday warning that self-replicating ‘AI worms’ could become capable of attacks within months, able to automatically infect smart TVs, smart appliances, cameras, and other low-compute, weakly secured IoT devices without any human involvement.

AI news brief: New York Fed President John Williams said in a Bloomberg interview on Tuesday that AI equipment supply could take more than two years to catch up with demand, which will add to inflation pressure. He pointed out that AI infrastructure buildout is pushing up prices for chips and related commodities. Asked whether AI supply and demand would balance out over the next two years, Williams said ‘I think it’ll take longer,’ stressing this assumes demand momentum stays on track, which he called a ‘big assumption.’

AI news brief: On Monday, Meta launched two new AI models, Muse Wonder and Muse Wonder Full, which the company calls its strongest models yet and a step toward ‘personal superintelligence.’ The new models introduce two capabilities: Active Memory, which carries relevant information across different conversations, and…

AI news brief: Before FTX’s bankruptcy, Alameda Research spent over $1 billion to acquire a roughly 20% stake in Genesis Digital Assets, and now these crypto mining assets have been repurposed for AI compute. Investment firm SWI Group announced it completed roughly 800 million euros (about $900 million) in funding to expand its data center and AI compute capacity in Europe and the US, which includes the Genesis Digital Assets mining business once tied to FTX.

AI News Flash: The Financial Stability Board (FSB) sent a letter to G20 finance ministers and central bank officials on Monday, flagging cross-border stablecoin regulation and AI financial risk as two key issues ahead of Thursday’s G20 meeting. FSB Chair Andrew Bailey warned that cross-border regulatory and crisis-management mechanisms for stablecoins are still immature or not yet established. According to the FSB’s 2025 annual review, only 11 of the 28 surveyed jurisdictions have completed…