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ARTIFICIAL INTELLIGENCE RISKS
Anthropic flags risk of AI systems slipping beyond human control in IPO filingIn its IPO (initial public offering) filing made public on Monday, the company said that advanced AI systems could become dangerous if they...- From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
- Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earningsMSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earl...
- Jack Dorsey's Block launches Dessa; AI voice model trained entirely on 'human conversation'Block has launched Dessa, an innovative AI voice model that engages in speech without using text. The model is capable of holding real-time...
- Global Market: Eurozone bond markets stabilise after volatile weekEurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid unc...
- US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb inves...
- SoftBank's market cap halves from peak over AI fearsGlobal concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associa...
- UK regulator urges pension trustees to stress test over AI concentration riskBritish pension funds should evaluate their investments due to rising AI-related risks according to the Pensions Regulator. Trustees are ad...
- Nvidia boss criticises 'cheap' AI doomsday warningsAt a recent conference in Berlin, Nvidia's CEO Jensen Huang confronted fears surrounding artificial intelligence that could threaten humani...
- Bitcoin rallies back as tech rebound sparks speculative appetiteBitcoin has surged by 2.4% to $84,737 amid increased enthusiasm for risk assets like technology stocks. This rally, driven partly by SpaceX...
- SBI investigates dark web leak of 3.8 lakh recordsState Bank of India is currently investigating a suspected data breach involving customer information found online. The breach reportedly e...
- PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reformsPublic sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing t...
- Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikesBank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central bank’s 2% target, while accommodative financial...
- New UN initiative will aim to tackle the military uses of AIThe United Nations is set to launch a new initiative focusing on military applications of artificial intelligence. This forum will aim to a...
- ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...
- Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...
- IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...
- IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...
- China eyes curbs on AI, biotech, solar exportsChina has unveiled a draft for export controls targeting artificial intelligence and biotechnology technologies, aiming to impose a total b...
- New York City pension fund asks Anthropic to delay IPOThe supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debu...
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