Artificial Intelligence

U.S. authorities have arrested Yih-Shyan Liaw, co-founder of Super Micro Computer, Inc., in connection with an alleged multibillion-dollar scheme to circumvent export controls and funnel advanced artificial intelligence servers to China

Yih-Shyan “Wally” Liaw and two associates were charged for allegedly smuggling US servers with AI chips to China. Liaw and one accomplice were arrested, while the other remains a fugitive.

Crypto.com is slashing 12% of its workforce as it accelerates a sweeping artificial intelligence overhaul — highlighting how automation is beginning to displace human roles across the crypto industry.

In a striking coincidence, Visa and Stripe-backed Tempo both unveiled similar tools that allow users to execute AI-driven payments, signaling that the race to power autonomous “agent commerce” is officially on.

OpenAI will supply its AI models to the U.S. Pentagon through Amazon after Anthropic was dropped. Microsoft may challenge the deal due to its exclusive cloud agreement with OpenAI.

Meta Platforms is abandoning virtual reality support for its flagship Horizon Worlds platform, pivoting to mobile just five years after betting its future on the metaverse — as mounting losses force a strategic reset.

Encyclopaedia Britannica and Merriam-Webster have sued OpenAI, claiming ChatGPT copied nearly 100,000 of their articles and definitions to train its AI. They are seeking damages and a court order to stop the AI from using their content.

Images collected through Pokémon Go gameplay have created a dataset of more than 30 billion real-world images. Niantic Spatial is now using this data to help delivery robots from Coco Robotics navigate cities.

Australia’s financial regulator ASIC warned young investors not to rely solely on social media or AI for financial advice, as these sources can be unreliable and risky. A survey found that 23% of Gen Z own crypto, with many making trades based on influencer content or short-term speculation.

China’s Internet Finance Association warned that the OpenClaw AI agent platform has major security risks due to weak default settings and exposed systems. Authorities urged users and organisations to strengthen security controls and avoid unsafe deployments.