Author: precious

Anthropic’s two most advanced AI models, Claude Fable 5 and Mythos 5, are finally back online after 19 days it was shut down. However, the bigger news remains what Anthropic had to give up to make that happen. How the Shutdown Started The trouble began just three days after Anthropic released Claude Fable 5 to the public on June 9, where the U.S. Department of Commerce ordered the company to cut off all access to foreign users, whether inside or outside the United States, citing national security concerns. The order followed a threat intelligence report from Amazon’s researchers claiming to…

South Korean chipmaker SK Hynix is initiating one of the largest share sales in Wall Street history, with plans to raise up to $29.4 billion through a new listing on the Nasdaq Global Select Market. The world’s second largest memory chipmaker plans to raise around $29 billion on the Nasdaq by issuing American depositary receipts, according to the firm’s regulatory filing, with trading expected to begin on July 10. If the deal prices at the top of its range, it would rank second only to SpaceX’s $85.7 billion raise earlier in June 2026, beating both Alibaba and Saudi Aramco on…

Samsung Group has committed roughly 1,000 trillion won ($648 billion) to a 10-year investment plan inside South Korea, marking what industry analysts are calling the biggest corporate spending pledge the country has ever recorded. The commitment was laid out during a national briefing led by President Lee Jae Myung on June 29, where Samsung Electronics Chairman Lee Jae yong joined SK Group Chairman Chey Tae Won to explain how the money will be spent. According to their brief, the bulk of it will be going toward semiconductor manufacturing and artificial intelligence (AI) infrastructure, two industries South Korea sees as central…

Oracle’s global workforce has shrunk by 21,000 people over the past year, a drop of nearly 13%, while the company raised its capital spending by 162% to $55.7 billion. This now puts Oracle’s headcount at 141,000 full-time employees as of May 31, down from 162,000 a year earlier. Oracle said the cuts stem in part from its AI rollout, stating that adoption of the technology across its operations “may continue to result in reductions to our workforce.” Restructuring costs tied to the cuts reached $1.8 billion for the year, up sharply from $374 million the year before, covering severance and…

More than 270,000 login credentials tied to World Cup ticketing and fan platforms have already been compromised, according to mobile security firm Zimperium, whose findings were published by security company Proton. The tournament has over two weeks to go, and fans still hunting for last minute seats are facing the same fraud tactics that have already caught thousands off guard. The FBI’s Internet Crime Complaint Center issued a public advisory on May 27 warning that cybercriminals were spoofing FIFA websites to steal personal information and sell fake tickets. Named PSA I-052726, the advisory named 36 specific spoofed FIFA domains, including…

Novee Security has confirmed that a vulnerability pattern its researchers call Cordyceps leaves more than 300 GitHub repositories open to full attacker takeover, including projects run by Microsoft, Google, Apache and Cloudflare. The firm scanned roughly 30,000 high impact repositories, flagged 654 of them in a single automated pass, and confirmed that more than 300 were fully exploitable through attacker controlled code execution, credential theft or outright supply chain compromise. Researchers named the pattern after the parasitic fungus known for slowly taking over its host from the inside, since the flaw burrows into software development pipelines in a similar way.…

An unnamed communications service provider’s Cisco SD-WAN infrastructure sat under a threat actor’s root level control for months and its own administrators never noticed. Google-owned threat intelligence firm Mandiant disclosed this intrusion last month, tracing the attacker’s full path through a vulnerability now tracked as CVE-2026-20245. It is important to note that Cisco built the software and is not the party that was breached. The flaw only lived inside Cisco’s SD-WAN products, and the actual intrusion took place in a customer’s network of an unnamed service provider that had deployed those products to run its own infrastructure. Mandiant investigated that…

Anthropic has accused Alibaba’s Qwen AI lab of running fake accounts to extract Claude’s capabilities at scale, telling the U.S. Senate Banking Committee that operators linked to Alibaba generated 28.8 million exchanges with Claude through roughly 25,000 fraudulent accounts. The AI safety company calls it the largest “distillation attack” it has documented to date. The accusation was sent in a letter to Senators Tim Scott and Elizabeth Warren as seen by Bloomberg, Reuters, and CNBC. Alibaba has not formally responded to the Senate committee, although its stated position to reporters is that it does not use outputs from proprietary AI…

OpenAI has built its first chip from the ground up and it does one specific job – handling ChatGPT and Codex requests without routing every one of them through Nvidia hardware. Called Jalapeño, the chip was developed with Broadcom and marks OpenAI’s entry into a group that every other major AI lab joined years ago, the group of companies that design their own silicon instead of buying all of it from outside vendors. What Jalapeño Does Jalapeño is an ASIC (Application-Specific Integrated Circuit), which means it was built to do one job well rather than many jobs adequately. And this…

Norway’s Prime Minister Jonas Gahr Støre has announced that generative AI tools are now off-limits for elementary school students across the country, effective from the new school year beginning in late August. The ban applies to students in first through seventh grade, covering ages 6 to 13, and the decision makes Norway one of the first countries in the world to formally prohibit AI use at that level of education. This means students in lower secondary school, aged 14 to 16, can use generative AI only under a teacher’s direct supervision, while older students aged 17 to 19 are encouraged…