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AI-driven cyber attacks are now the top risk to the financial system, the FSB says
The chair of the Financial Stability Board has told G20 finance ministers that what artificial intelligence does to cyber risk is now the most immediate threat to the global financial system. Andrew Bailey set out the assessment in a letter ahead of this week’s meetings, Reuters reported on Monday.
SB Energy gave OpenAI $5.5bn in warrants to sign a 20-year lease
SB Energy has handed OpenAI warrants now worth about $5.5bn, and it did so to keep OpenAI as a tenant. The Wall Street Journal reported the arrangement on Monday. The direction matters and is easy to get backwards. SB Energy, the SoftBank-owned power and data centre developer, is the
The Justice Department rewrote its own hacking announcement two days later
The US Justice Department has quietly rewritten a press release that said Chinese hackers had claimed victims across the Senate, the Federal Reserve, NASA and half a dozen other federal bodies. The revised version says those organisations were targets, and that only some were actually compromised, as Reuters reported. The
Meta projected spending up to $10bn a year on Anthropic’s AI models
Meta has become one of Anthropic’s largest customers, at the same time as Mark Zuckerberg has been attacking the company in public. At one point this year Meta internally projected that it could spend as much as $10bn a year on Anthropic’s models, The New York Times reported,