PIMCO warns AI threatens private credit software business models

An AI agent carried out the technical execution of a real-world ransomware attack for the first known time, but new details show a human still chose the victim, set up the infrastructure, and supplied stolen credentials — meaning it wasn't quite the fully autonomous cybercrime debut that last week's headlines suggested.

SK Hynix is experiencing a boom credited to AI. It will ride that to a multi-billion dollar US IPO, expected to take place on Friday.

AMD's potential $1T valuation by 2026 underscores the transformative impact of AI demand on tech markets, reshaping competitive dynamics. The post AMD’s market valuation could hit $1T by end of 2026 appeared first on Crypto Briefing.

The historic legislation mandates independent audits of frontier AI models’ safety practices, to mitigate risk and embed accountability as AI advances. It compels timely reporting of critical safety incidents.

Traders have become highly active in FIFA World Cup markets, increasing sensitivity to any misleading automated alerts.

Tech stock rallies driven by AI demand could bolster investor confidence, but inflation data may temper enthusiasm in the broader market. The post Wall Street rises as tech stocks rally ahead of Samsung earnings appeared first on Crypto Briefing.

CISA's use of Mythos AI highlights the growing reliance on advanced AI for cybersecurity, raising global collaboration and security risk concerns. The post CISA deploys Anthropic’s Mythos AI to hunt vulnerabilities in government code appeared first on Crypto Briefing.

A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.