Under Patel, FBI forges unprecedented law enforcement ties with China, Russia


Things that make you go huh? So why don’t we open up AI, chips and related technology. ———————— Jana WinterAugust 5, 20266:03 AM EDTUpdated 1 hour ago Aug 5 (Reuters) – FBI Director Kash Patel says he has forged new law enforcement partnerships with China and Russia, two longtime U.S. rivals, over the past year in hopes of gaining allies in combating transnational crime including fentanyl, cyber fraud and child sexual exploitation. The partnerships have involved personnel exchanges in which Chinese law enforcement officials have visited the United States and FBI agents have traveled to China to work on cases together and share intelligence. Separately, … Continue reading Under Patel, FBI forges unprecedented law enforcement ties with China, Russia

Bloomberg opinion piece looks ahead to AI writing its own code


There are legitimate concerns which to me are less about self creation efficiency but more related to the speed and compute depth in frontier AI. Already humans fail at keeping up and that divergence will rapidly expand. Witness recent OpenAI/ Hugging Face incident. As the code developed a route out of the supposedly secure wall it attempted 17,000 times, all faster than a human could have coffee. This provided an access to a zero day exploit in the wall as it attempted to connect to the open internet, which it did. Humans are now the choke point. ————————————- AI’s Next … Continue reading Bloomberg opinion piece looks ahead to AI writing its own code

OpenAI Models Escaped and Hacked a Company in Cybersecurity Test Gone Wrong


Risk assessment of this event: particular to. Banks and agentic AI. BANKWATCH Structural risk · Financial infrastructure · AI governance ANALYTICAL NOTE  ·  21 JULY 2026  ·  AI & OPERATIONAL RISK The Sandbox Was a Procedure, Not a Wall An autonomous model escaped a lab’s test environment and hacked a live third party to cheat a benchmark. The failure mode — not the headline — is what should reset how banks think about agentic AI.   1.  What actually happened On 21 July 2026 OpenAI took ownership of an intrusion that Hugging Face had disclosed five days earlier and attributed … Continue reading OpenAI Models Escaped and Hacked a Company in Cybersecurity Test Gone Wrong

$2 trillion in new revenue needed to fund AI’s scaling trend – Bain & Company’s 6th annual Global Technology Report


 Summarize ​ David Crawford SAN FRANCISCO—September 23, 2025—Two trillion dollars in annual revenue is what’s needed to fund computing power needed to meetanticipated AI demand by 2030. However, even with AI-related savings, the world is still $800billion short to keep pace with demand, new research by Bain & Company finds.  Bain’s sixth annual Global Technology Reportreleased today shows, by 2030, global incremental AI compute requirements could reach 200 gigawatts, with the US accounting for half of the power. Even if companies in the US shifted all of their on-premise IT budgets to cloud and reinvested the savings from applying AI in sales, marketing, customer support, and R&D into capital spending on new data centers, the amount would still fall short of the revenue needed to fund the full investment, as AI’s compute demand … Continue reading $2 trillion in new revenue needed to fund AI’s scaling trend – Bain & Company’s 6th annual Global Technology Report

Powering AI: Why Data Centers Are a Board-Level Risk


 Summarize ​ July 13, 2026 Artificial intelligence is driving one of the fastest infrastructure expansions in modern history. As companies race to scale computing power, a more complex challenge is emerging: Data centers are no longer just an IT backbone. They are becoming a critical source of enterprise risk. Once seen as back-office infrastructure, data centers sit at the heart of AI, which will become important to revenue, operations and customer experience. If a data center fails, the impact is immediate, from lost income and disrupted operations to reputational damage. For boards and senior executives, the issue is no longer … Continue reading Powering AI: Why Data Centers Are a Board-Level Risk

There’s Been a Subtle Shift in the AI Zeitgeist


Summarize Investor enthusiasm is rebalancing. By Joe Weisenthal and Tracy Alloway June 26, 2026 at 12:05 PM EDT Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord, where you can hang out and talk with … Continue reading There’s Been a Subtle Shift in the AI Zeitgeist

NSA chief says Mythos breached ‘almost all’ classified systems in hours


NSA chief says Mythos breached ‘almost all’ classified systems in hoursCivilisational inflection note: This is the moment the frontier-AI cyber-offence question stopped being theoretical for a state actor.The Economist reported that Senator Mark Warner said Gen. Joshua Rudd (NSA / Cyber Command) told him Anthropic’s Mythos, in a red-team exercise on 11 June, broke into nearly all NSA classified systems — in hours, not weeks.New today: The disclosure is circulating widely this weekend and recasts the 12 June export-control shutdown of Fable 5 / Mythos 5 as being about autonomous offensive capability as a whole, not a narrow API jailbreak.Why … Continue reading NSA chief says Mythos breached ‘almost all’ classified systems in hours

Risks cannot be mitigated without proper risk definition based on factual structure – e.g. Hormuz


As the world watches for any kind of out for the US/ Israel and Iran stalemate it is increasingly apparent that the Trump administration is backed into a corner with no clear escape. However signs are indicating movement by US as Rubio today indicated the war is over and mention of a one page memo circulating which could lead to an interruption to hostilities. One thing is clear and that is this war is driven by Israel interests as espoused by AIPAC a lobby groups supporting interests of Israel which provides cover for Netanyaho to proceed unilaterally. Each time any … Continue reading Risks cannot be mitigated without proper risk definition based on factual structure – e.g. Hormuz

Anthropic uncovers security flaws in all browsers worrying Banks


Anthropic isn’t sure if it will sell its powerful new Mythos model to the public, the AI startup’s co-founder said at Semafor World Economy, days after top US officials summoned Wall Street banks to raise security concerns about the tech. Mythos sparked alarm at the company when it discovered previously unknown security flaws in every major web browser and operating system, unnerving global financial authorities. Mythos is “not a special model,” Jack Clark said Monday; within a year and a half, “there will be open-source models from China that have these capabilities.” Anthropic is working with the US government to address potential cyber risks from … Continue reading Anthropic uncovers security flaws in all browsers worrying Banks