AI-led digital banking fraud is surging in South Africa
Digital fraud is on the rise in South Africa, with the number of incidents reported by the banking sector in the 2024 calendar nearly doubling year on year. The…
Zong and ZTE Drive Innovation in AI and Autonomous Network in Pakistan
Zong, Pakistan’s No.1 data network, and ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technolog…
PromptLock: First Ever AI-Powered Ransomware Emerges
Security researchers at ESET have revealed what may be the world’s first AI powered ransomware, dubbed PromptLock. This alarming proof of concept leverages Op…
AI rush: RIL, Meta set up Rs 855 cr JV, Google joins for AI-ready data centres
Reliance Industries Ltd (RIL) on Friday announced a joint venture with social media major Meta, with an initial investment of about Rs 855 crore ($100 milli…
Anthropic Warns of Surge in AI-Powered Cybercrime
A chilling new threat intelligence report from AI firm Anthropic reveals that malicious actors are increasingly weaponizing its AI models including Claude and C…
AI Chatbots Are Inconsistent When Asked About Suicide, New Study Finds
Three of the most popular artificial intelligence chatbots are inconsistent in safely answering prompts about suicide, according to a recent study from the RAND…
China’s Alibaba develops new AI chip to help fill Nvidia void, WSJ reports
(Reuters) -China’s Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks, the…
Pakistan to Launch AI Sandboxes for Safe Testing, Tech Growth
Pakistan will launch AI regulatory sandboxes to let firms test artificial intelligence applications in controlled settings. The Ministry of Information Technolo…
Microsoft Levels Up with First-Ever In-House AI Models
Microsoft has taken a bold step in AI by unveiling two in-house models, marking a major milestone in its journey toward independence from third-party technologi…