Author: precious

SK Hynix has secured $26.5 billion from its Nasdaq listing, giving the South Korean chip giant one of the biggest equity offerings ever completed by a foreign company in the United States. The deal reflects strong investor confidence in the company at a time when demand for artificial intelligence (AI) chips continues to reshape the semiconductor industry. The company sold 177.9 million American Depositary Shares priced at $149 each, with every 10 depositary shares representing one common share listed in South Korea. The offering drew demand that reportedly exceeded the available shares by more than seven times before pricing. The…

Meta is preparing to begin production of its latest custom artificial intelligence (AI) chip in September as the company pushes to build more of its AI infrastructure with hardware it designs itself. The chip, known internally as Iris, marks the next stage of Meta’s long-running effort to reduce its dependence on Nvidia as it spends as much as $145 billion on AI infrastructure this year. Reuters first reported the plans after reviewing an internal company memo. The new chip is part of Meta Training and Inference Accelerators (MTIA), a family of AI chips built specifically for the company’s data centers.…

Microsoft has announced another major round of job cuts, eliminating about 4,800 roles across the company. The biggest impact is falling on Xbox, where 3,200 positions will disappear over the current fiscal year. Half of those cuts are taking effect immediately, making it one of the largest restructurings in the history of Microsoft’s gaming business. The layoffs affect about 2.1% of Microsoft’s global workforce and come as the company begins its new financial year. Microsoft said the decision is part of a broader effort to focus its people, investments, and resources on areas that will support long-term growth. Xbox Takes…

A newly disclosed Linux kernel vulnerability that remained hidden for about 15 years has become one of the most serious local privilege escalation flaws uncovered recently. The bug, named GhostLock and tracked as CVE-2026-43499, allows any logged-in user on an unpatched system to gain full-root access. Discovered using VEGA, an AI-driven bug-hunting tool built by Nebula Security, rather than through manual code review, it can also be used to escape containers and take control of the underlying host system. The flaw has existed in Linux since 2011 and affected virtually every major Linux distribution that shipped the vulnerable kernel code.…

A hacker’s post on a cybercrime forum has put one of the world’s biggest technology consulting firms under intense scrutiny. Accenture, a global professional services company that provides consulting, technology, cloud, and engineering to businesses and governments worldwide, has confirmed that it experienced a security incident after a threat actor claimed to have stolen 35GB of internal data and offered it for sale. While the company says the issue has been contained, the incident has raised fresh questions about how even major cybersecurity providers can become targets themselves. The threat actor, who uses the alias “888,” claimed to have stolen…

Cybersecurity researchers have documented what they describe as the first known case of agentic ransomware, an attack in which an AI agent carried out the technical steps of a ransomware operation and adjusted its actions when something failed. Considered an agentic threat actor (ATA), JadePuffer was analyzed by Sysdig’s Threat Research Team. According to the researchers, the AI agent exploited a known vulnerability in an internet-facing Langflow instance, moved through the victim’s environment, encrypted data, and generated a ransom note. How JadePuffer Entered The System The attack began with the exploitation of CVE-2025-3248, a missing-authentication flaw in Langflow that allowed…

The U.S. government’s top cybersecurity agency is using one of the world’s most powerful AI models to help uncover security flaws hidden inside government software. The move signals a growing shift in how critical systems are protected as artificial intelligence begins taking on work that once depended almost entirely on human security experts. According to Reuters, the Cybersecurity and Infrastructure Security Agency (CISA), is using Anthropic’s Mythos AI model to examine government code for vulnerabilities that hackers could exploit. The work is being carried out by CISA’s Attack Surface Evaluation team, which conducts security assessments across federal systems. Looking For…

Artificial intelligence (AI) companies often launch major products within a short period of one another, especially as the AI arms race intensifies. That happened last week when SpaceXAI introduced Grok 4.5 just one day before OpenAI unveiled the GPT-5.6 family. While both companies promoted stronger coding, reasoning, and enterprise capabilities, another part of the announcements quickly drew attention – the cost of using the new models. The back to back launches have sparked fresh comparisons across the AI industry, where model performance is no longer the only factor businesses consider. Pricing, efficiency, and operating costs are becoming just as important…

OpenAI has officially launched GPT-5.6, its newest family of artificial intelligence models, after a limited preview that was carried out in coordination with the U.S. government. The release introduces three models called Sol, Terra, and Luna, giving developers, businesses, and ChatGPT users more flexibility to choose between top level performance, balanced capability, and lower cost. The launch also marks a shift in how OpenAI is positioning its AI products as competition across the industry continues to intensify. GPT-5.6 is now rolling out across ChatGPT, Codex, and the OpenAI API. OpenAI says the rollout will continue globally, with different subscription tiers…

Millions of AI users in China will be losing access to personalized AI companion features based on new government rules that require some of the country’s biggest technology companies to remove them. ByteDance and Alibaba have confirmed that parts of their AI chatbot services that let users create and chat with custom AI personalities will be shut down by July 15 as Beijing begins enforcing a new regulation focused on humanlike AI interactions. The changes affect ByteDance’s Doubao and Alibaba’s Qwen, two of China’s most widely used AI chatbot platforms. Tencent also removed a similar feature from its Yuanbao chatbot…