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SoftBank to acquire DigitalBridge for $4bn in move to deepen ties to AI

Acquisition would further expand SoftBank’s investments in artificial intelligence as it tries to center itself in the boom SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4bn, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio. The acquisition would expand SoftBank’s exposure …

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‘Why should we pay these criminals?’: the hidden world of ransomware negotiations

Cybersecurity experts reveal what they do for high-profile clients targeted by hackers such as Scattered Spider They call it “stopping the bleeding”: the vital window to prevent an entire database from being ransacked by criminals or a production line grinding to a halt. When a call comes into the cybersecurity firm S-RM, headquartered on Whitechapel …

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Bernie Sanders criticizes AI as ‘the most consequential technology in humanity’

Republican senator Katie Britt also proposes AI companies be criminally liable if they expose minors to harmful ideas US senator Bernie Sanders amplified his recent criticism of artificial intelligence on Sunday, explicitly linking the financial ambition of “the richest people in the world” to economic insecurity for millions of Americans – and calling for a …

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UK accounting body to halt remote exams amid AI cheating

Candidates will have to sit assessments in person unless there are exceptional circumstances, says ACCA Business live – latest updates The world’s largest accounting body is to stop students being allowed to take exams remotely to crack down on a rise in cheating on tests that underpin professional qualifications. The Association of Chartered Certified Accountants …

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From that bird guy to ‘bus aunty’: the real social media personalities rising above AI slop

Online audiences seeking out authentic and passionate voices as antidote to AI-generated content For years, social media fame has been associated with the red carpet glamour of the Kardashians and Cristiano Ronaldo’s megawatt sporting celebrity, but millions of users globally are increasingly turning their attention to unassuming heroes drawn from everyday life. TikTok says a …

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Nvidia insists it isn’t Enron, but its AI deals are testing investor faith

The chipmaker’s sprawling partnerships are driving extraordinary growth but also bank its future on the AI boom paying off quickly Nvidia is, in crucial ways, nothing like Enron – the Houston energy giant that imploded through multibillion-dollar accounting fraud in 2001. Nor is it similar to companies such as Lucent or Worldcom that folded during …

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Could AI relationships actually be good for us?

From companionship to psychotherapy, technology could meet unmet needs – but it needs to be handled responsibly There is much anxiety these days about the dangers of human-AI relationships. Reports of suicide and self-harm attributable to interactions with chatbots have understandably made headlines. The phrase “AI psychosis” has been used to describe the plight of …

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