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Failed blockchain project ends with big fine for fibs about it being on track
A final humiliation for Australia’s Securities Exchange and its attempts to run a bourse on distributed ledgers The attempt by Australia’s Securities Exchange (ASX) to replace its core trading platform with a blockchain-based system has ended with an A$20.5 million fine ($14.2 million/£10.6
Sources: Anthropic moves to close loopholes that let Chinese firms like Ant use its models via workarounds including cloud providers and overseas subsidiaries
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Chips, theft and a shutdown: The US-China AI race is turning into a geopolitical thriller
Theft. Rivalry. Restrictions. Espionage. And declarations. The US and China artificial intelligence race has all the trappings of a thriller – one that now appears to be coming to a head. Released last month by Beijing-based Z.ai, AI model GLM-5.2 has publicly drawn admiration from Silicon Valley. The surrounding