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Techub News reports that Washington tends to rely on existing liability laws to regulate artificial intelligence, but experts are divided on the prospects of this approach. Experts believe that this move may lead to inconsistent law enforcement and an increase in legal challenges across jurisdictions. (Crypto Briefing)
Techub News reports that OpenAI disclosed it recently thwarted a cyber attack involving over 15,000 users. OpenAI linked the core group of attackers to individuals associated with the Chinese AI startup Dark Side of the Moon (the company behind Kimi Smart Assistant), stating that their goal was to replicate the hidden reasoning capabilities within OpenAI's AI models. (Decrypt)
Techub News reported that Neil Kashkari, President of the Federal Reserve Bank of Minneapolis, expressed skepticism about the argument that "the U.S. economy would shrink if not for the construction boom related to artificial intelligence". He believes that artificial intelligence is not the sole driving force behind U.S. economic growth. (Bloomberg)
Techub News reports that a survey shows senior staffers of the U.S. Congress widely support regulating the artificial intelligence (AI) industry, highlighting the potential for significant legislative actions in the future, which will impact industry standards. (Crypto Briefing)
Techub News reports that the AI robotics startup Destro AI states that the key reason for its success in competition with robotics companies is that it is not a robotics company, but rather focuses on enabling humans and robots to collaborate on the same page. The company believes that focusing on human-robot collaboration rather than hardware manufacturing is its core advantage. (TechCrunch)
According to Techub News, the U.S. Federal Trade Commission (FTC) is investigating OpenAI, Anthropic, and other AI companies to assess the potential risks of their products. This investigation intensifies the scrutiny of these companies' security practices following the Hugging Face hacking incident. (CNBC)
Techub News reports that the U.S. Securities and Exchange Commission (SEC) is advancing the modernization of transfer agent rules. The rules aim to update recordkeeping and reporting requirements for securities holdings and transfers to adapt to the digital age. Related commentary points out that Wall Street must learn from past 'paperwork crises' to ensure the smooth implementation of new rules and avoid market chaos caused by technical or procedural issues. (CoinDesk)
Techub News reports that Sharon Donnery, a member of the European Central Bank (ECB) Supervisory Board, stated in an interview that Europe needs unified banking rules to achieve a truly integrated single market. She believes that a common rulebook will help reduce national barriers and unlock the potential of cross-border investments. (@ecb)
Techub News reported that Gemini co-founder Tyler Winklevoss posted on a social media platform, stating that the current hype surrounding Zcash makes him feel like he is back in the cryptocurrency market of 2019. (U.Today)
Techhub News reports that Southeast Asia's super app Grab has acquired the lending business of the buy-now-pay-later platform Atome for $1.5 billion. Grab had previously invested $1.2 billion in building its own credit capabilities, and this acquisition aims to accelerate its financial services strategy. Atome's lending engine will help Grab expand its consumer credit and small business loan offerings. (Tech in Asia)
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