Uber Unveils Optimised Cloud Strategy to Drive Growth, Cut AI Expenses

Minnesota's prediction market ban deal takes a hit in US court victory for Kalshi, Polymarket.

A federal judge issued a preliminary injunction on Monday, blocking Minnesota from enforcing its new law banning prediction markets.

Indian Parliament's Watchdog Panel Summons Big Tech for Digital Regulation Talks

A parliamentary committee will meet to discuss social media platform regulation. This follows a Meta video removal and Delhi Police notices for objectionable content. Prime Minister Modi addressed students regarding examination paper leak concerns. The government introduced new legislation and fast-

Anthropic Clarifies AI Stance, Seeks Regulatory Safeguards in India

Artificial intelligence company Anthropic has clarified that it does not support a blanket ban on open-weight AI models, with CEO Dario Amodei arguing that policy efforts should instead focus on preventing advanced AI chips from reaching authoritarian regimes, curbing industrial-scale model distilla

Altman Puts South Korea in Spotlight as OpenAI's Hardware Testbed

OpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative screenless smart speaker is designed to be a versatile, mobile AI assistant for households. However, potential legal hurdles and trademark challenges could affect

Anthropic's AI Openness in Peril as Dario Amodei Pushes for Caution

Anthropic CEO Dario Amodei stated the company does not advocate for banning open weights models despite industry criticism. 

Robotics Project Halted: Data Privacy Concerns

Salamanca City Central says it is pausing project with Realbotix as it addresses concerns including data privacy A New York school district has walked back plans to introduce a humanoid robot at its high school after the proposal sparked backlash from educators and community members. The Salamanca C

Meta Faces Trial Over Teen Harm Research

In opening statements, state argued Meta’s own research showed it harmed teens while firm’s attorneys pointed to transparency The long-awaited trial between the social media company Meta and the state of Tennessee began proceedings on Monday. Attorneys for Tennessee told a jury in Nashville that Met

India Antitrust Case: Google's Rivals Eager to Claim $1 Billion Damages Compensation

Google faces new costly lawsuits in Europe after losing a key case. Smaller rivals are now demanding up to ten billion dollars in damages. This follows a billion-dollar fine under new EU legislation for favoring its own services. The company has already paid billions in EU fines over the past decade

Nykaa Elevates Ankit Jain to Spearhead Quick Commerce Push

Nykaa appoints former Swiggy Instamart COO Ankit Jain to lead Nykaa Now, aiming to expand its 30-minute delivery service nationwide by FY30.

Facebook Removes PM Post in Indian Language, Blames Technical Snag

In a recent turn of events, Meta reinstated Prime Minister Modi's video that had been unintentionally removed due to a technical glitch. The video tackled crucial student worries surrounding the irregularities in examination paper leaks. Modi promised decisive government measures and legal reforms t

EU Mandates Transparency on AI-Generated Products Starting Sunday in India

European Union's new artificial intelligence rules mandate labeling of AI-generated content. These regulations aim to ensure users can distinguish real online material from synthetic creations. Companies face significant penalties for non-compliance with these transparency requirements. Major techno

Nvidia Lands $50 Billion Data Center Lease in Texas

In an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soaring to fifty billion dollars in the future. This state-of-the-art campus is designed to facilitate extensive artificial intelligence training and operations. Moreo

Indian Investors Cautioned as Chinese AI Threat Looms Over Global Hyperscalers

The United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI models increasingly challenge the dominance and profitability of US hyperscalers, according to a report by Jefferies.

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Sans Alert: Critical Cyber Threats Looming on Tuesday, India Under Scanner

(c) SANS Internet Storm Center. https://isc.sans.edu Creative Commons Attribution-Noncommercial 3.0 United States License.

Thai Ministry of Finance Hit by Sophisticated AI-Driven Espionage Attack

Attackers used Hermes, an autonomous open source tool, in unrestricted "YOLO mode" to conduct espionage against Thailand's Ministry of Finance.

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Unlocking the Future of Crypto: Digital Commodities Explained

A digital commodity is an onchain asset that draws its value from open-market supply and demand rather than from the work of a company or central issuer. Assets in this category are freely transferable and traded on public markets, which makes them behave more like traditional commodities such as go