Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue, Redirects Spending To AI And Cybersecurity

Officials have announced “first of its kind” AI intended to boost operations, including real-time security cameras and city-run 5G broadband. The software will also let residents see financial documents.

The post South Korea's biggest exchange fights deepfake fraud wave appeared on BitcoinEthereumNews.com. Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, put out an anti-phishing guide on May 14. The warning centers on AI-powered voice and video scams targeting people who hold digital assets. The campaign goes by “Voice Phishing Complete Guide.” It’s part of the exchange’s Information Protection Day push. Focus is on deepfake and deepvoice fraud, where criminals use artificial intelligence to copy the voices and faces of family members, exchange staff, or government officials during live calls, according to DigitalToday. AI-assisted fraud aimed at crypto investors has gotten more sophisticated over the past year. In one case cited by both DigitalToday and The Crypto Times, someone in Hong Kong got tricked by an AI-generated video conference and lost about 40 billion won. That’s equivalent to around $29 million. Fraudsters impersonate support staff and relatives

The post Dune cuts 25% of staff to sharpen focus on AI and institutional data products appeared on BitcoinEthereumNews.com. Dune cut 25% of its staff this week as the crypto data platform restructures around AI powered analytics and institutional demand for onchain data. We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re… — hagaetc (@hagaetc) May 14, 2026 CEO and co-founder Fredrik Haga said the layoffs are part of a move to sharpen Dune’s focus on the core data products used across the crypto industry. He said the company remains well capitalized and will focus on two major shifts: AI and institutions moving onchain. The restructuring comes as Dune expands its AI product stack. The company recently introduced Dune MCP, a Model Context Protocol server that give

The post Anthropic Launches Claude AI Tools for Small Businesses appeared on BitcoinEthereumNews.com. Luisa Crawford May 13, 2026 16:30 Anthropic’s Claude for Small Business integrates AI into tools like QuickBooks, HubSpot, and Canva, offering 15 workflows to streamline operations. Anthropic has unveiled Claude for Small Business, an AI-driven solution designed to integrate seamlessly into the tools small businesses already use. The package includes connectors and workflows tailored to automate tasks across finance, marketing, operations, HR, and more—potentially leveling the playing field for smaller companies often left behind in AI adoption. Small businesses make up 44% of U.S. GDP and employ nearly half of the private-sector workforce, yet their uptake of AI has lagged. According to Anthropic, this is primarily due to tools that aren’t adapted to their workflows. With this launch, Anthropic aims to address that gap by embedding its Claude AI into platforms like I

AI-driven security tools like GregoAI could revolutionize cybersecurity by autonomously identifying vulnerabilities, reducing human error. The post GregoAI earns $250,000 bounty through autonomous exploit discovery appeared first on Crypto Briefing.

As the focus shifts from testing AI in research labs to real-world use, agencies must implement it responsibly through continued testing.

Nvidia's massive AI investments could centralize power in the AI sector, risking financial instability if AI demand falters, echoing past tech bubbles. The post Nvidia commits over $40B to AI equity deals in 2026, raising dot-com era comparisons appeared first on Crypto Briefing.

Board members and teachers at a school district in Connecticut see the need for formalizing rules around AI use, as students are already using (or misusing) it and there are questions around how staff should use it.