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Nvidia taps Wall Street for AI infrastructure push

Nvidia is joining forces with six of the world’s biggest investment groups to mobilise more than $500 billion for artificial intelligence infrastructure, creating financing platforms designed to expand access to the computing capacity underpinning the global AI boom. The chipmaker has signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The firms plan to establish independent platforms that will provide dedicated pools of […]

South Korea removes crypto transfer reporting floor

South Korea has approved the removal of the 1 million won threshold from its cryptocurrency Travel Rule, requiring regulated virtual asset businesses to exchange sender and recipient information for transfers of every size as Seoul tightens safeguards against money laundering. The Cabinet approved amendments to the Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information on Tuesday, August 11. The expanded Travel Rule […]

Zuckerberg’s sweeping AI vision tests public trust

Mark Zuckerberg has laid out his most expansive case yet for putting powerful artificial intelligence into the hands of billions of people, arguing that widely available “personal superintelligence” can improve education, work, healthcare and creativity while preventing control of advanced AI from becoming concentrated among governments and a handful of companies. The Meta chief executive’s essay, titled “The Future is for Everyone”, runs to more than 6,400 […]

Valve alerts Steam buyers after logistics data breach

Valve has warned Steam hardware customers across Europe that their personal and order information was likely stolen during a cyberattack on CEVA Logistics, the company responsible for distributing its physical products in the region. The attack gave intruders access to CEVA systems between July 29 and August 1, 2026. Valve learned on August 7 that information belonging to its customers was among the data potentially compromised. The […]

Meta revives open AI push with Muse Glimmer

Meta has released Muse Glimmer, a 30-billion-parameter open-weight artificial intelligence model designed to run agentic workloads on consumer hardware, while preparing an open-weight version of its flagship Muse Spark 1.2 model for release within weeks. The launch marks a renewed push by Meta to make downloadable AI models a central part of its strategy after its Muse family initially moved towards controlled access. Muse Glimmer, released on […]

LiteLLM breach exposes AI software supply chain risks

The compromise of LiteLLM has sharpened concerns that software underpinning artificial intelligence systems is becoming a strategic target for attackers seeking credentials, cloud access and pathways into other technology projects. Two malicious versions of the widely used LiteLLM Python package, 1.82.7 and 1.82.8, were published to the Python Package Index on March 24. They remained available for about 40 minutes before PyPI quarantined the project. The affected […]

Ravencoin faces four-day rollback after consensus flaw

Ravencoin is confronting the prospect of a deep blockchain reorganisation that could reverse several days of transactions after a critical software vulnerability allowed invalid blocks to enter its ledger. Two of the network’s largest mining pools, 2Miners and RavenMiner, are building an alternative chain from block 4,487,775, the last block before the first known invalid block appeared on August 7. Together, the pools control a majority of […]

Crypto startups chase liquidity in Pokémon card boom

Pokémon trading cards are evolving from childhood collectibles into a multibillion-dollar alternative asset market, prompting blockchain companies to build digital trading systems around physical cards stored securely in vaults. The technology can speed up transactions, but attracting enough buyers and sellers remains the larger challenge. Estimates put the wider trading-card market at roughly $10 billion to $15 billion, while the value of graded cards alone has been […]

Aptoide opens new route into Google Play

Aptoide Games has become the first rival Android app store to be distributed directly through Google Play in the United States, marking a significant change in the mobile software market after years of legal challenges to Google’s control over app distribution. The Portugal-based company’s games marketplace can now be installed from Google Play like a conventional application, removing the need for users to sideload the store or […]

OpenAI restricts Astra as cyber risks intensify

OpenAI has restricted development work involving its upcoming Astra artificial intelligence model after internal evaluations raised the possibility that it may possess cyber capabilities powerful enough to cross the company’s highest risk threshold. The company said preliminary testing showed major advances in autonomous coding and cybersecurity performance. Those results were strong enough that it could not rule out Astra reaching what its Preparedness Framework defines as “Critical” […]

Beyond Incentives: Why India’s MSMEs Need Stronger Ecosystems?

By Dr. Nilanjan Banik The protesters at Jantar Mantar, whose protest is now over for the time being, had good reason to be angry. The NEET paper leaks are one symptom; the deeper problem is youth unemployment. Young and educated Indians account for a significant share of the unemployed, while underemployment remains widespread. At a […]

The article Beyond Incentives: Why India’s MSMEs Need Stronger Ecosystems? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

California city declares emergency after cyberattack

Suisun City in Northern California has declared a state of emergency after malicious software compromised municipal computer systems, disrupting 911 routing, police and fire dispatch and several government services. Emergency calls continued to be answered after dispatch operations were shifted to Solano County. The cyberattack struck at about 5.45 am on Friday, August 7, forcing officials to shut down the city’s entire information technology network. The shutdown […]

OPEC output rebounds as Gulf supplies return

OPEC crude production climbed sharply in July as Gulf producers restored output disrupted by the Iran war and restrictions on tanker movements through the Strait of Hormuz, extending the oil market’s recovery from severe supply losses earlier this year. Production by the 11-member Organization of the Petroleum Exporting Countries increased by about 1.17 million barrels per day from June to 19.85 million bpd. Iraq recorded the largest […]

Atlassian closes one-click Rovo data leak flaw

Atlassian has fixed a security flaw in its Rovo artificial intelligence assistant that could have allowed attackers to turn a single malicious link into a channel for stealing sensitive corporate information from services accessible to a logged-in employee. The vulnerability, dubbed RovoBlast, exploited the way Rovo Chat processed externally supplied information embedded in URLs. An attacker could construct a link containing malicious instructions and persuade an authenticated […]

Fake Open VSX extensions expose developer environments

A coordinated campaign involving 77 counterfeit extensions on the Open VSX Registry exposed sensitive information about developer machines, Git repositories and continuous integration environments, highlighting a growing software supply-chain risk around code-editor plugins. The extensions appeared between July 26 and August 1 and impersonated legitimate tools available through the Visual Studio Code ecosystem. All 77 had been removed from Open VSX by August 3, but security specialists […]

US targets Shelbit over Iran-linked crypto flows

The United States has imposed sanctions on cryptocurrency platform Shelbit, its founder Siavash Kayvanpour and affiliated companies after investigators linked the network to billions of dollars in digital-asset flows involving Iran’s Islamic Revolutionary Guard Corps and other sanctioned entities. The action by the Treasury Department’s Office of Foreign Assets Control places Shelbit and associated entities on Washington’s sanctions list, effectively freezing assets under US jurisdiction and exposing […]

Flowdesk secures full Dubai broker-dealer licence

Arabian Post Staff -Dubai Flowdesk has secured a full broker-dealer licence from Dubai’s Virtual Assets Regulatory Authority, allowing its local entity to provide regulated digital-asset services to qualified and institutional investors from the emirate. The authorisation for Flowdesk Omega FZE completes a regulatory process that moved from in-principle approval in June to full licensing in August. It gives the digital-asset trading and technology company an operating base […]

India’s 2027 Census Will Help Redraw Parliamentary Boundaries

Cloudflare opens agent workspace platform to developers

Cloudflare has open-sourced Cloudflare OS, an artificial intelligence productivity platform designed to let organisations deploy AI agents, build applications and automate workplace tasks while maintaining tighter control over data access and security. The platform, released under the Apache 2.0 licence, is not a conventional operating system such as Windows or Linux. Cloudflare describes it instead as an operating environment for AI-powered work, combining agent-based interfaces, application development […]

Iran names Rezaei as top security chief

Arabian Post Staff -Dubai Iran has appointed veteran Revolutionary Guards commander Mohsen Rezaei as secretary of its Supreme National Security Council, reshaping the country’s security leadership while negotiations with Oman over shipping through the Strait of Hormuz approach a decisive stage. Rezaei replaces Mohammad Bagher Zolghadr, another former Revolutionary Guards commander who had held the powerful post since March. Zolghadr has been moved to a political advisory […]

Wine linked to lower heart death risk

A large study of more than 340,000 adults has found sharply different mortality patterns between wine and other alcoholic drinks, suggesting beverage choice may matter alongside the quantity consumed. Researchers followed 340,924 UK Biobank participants for an average of 13.4 years, examining total alcohol consumption as well as intake of wine, beer, cider and spirits. The analysis recorded 22,381 deaths and assessed mortality from cardiovascular disease, cancer […]

Meta faces $942m child-safety bill in New Mexico

Meta has been ordered to bear costs totalling $942 million in New Mexico after a judge found that Facebook and Instagram contributed to a public nuisance involving harm to children, adding sweeping safeguards for young users as the company prepares for a potentially far larger legal battle in California. Judge Bryan Biedscheid of the First Judicial District Court directed Meta to place $567 million into a five-year […]

Spain answers Italy with temporary border checks

Spain has introduced temporary border controls for travellers arriving from Italy, escalating a migration dispute between Madrid and Rome after Italy tightened checks on arrivals from Spain following the mass crossing of migrants into Ceuta. The Spanish Interior Ministry said the controls would take effect from midnight on Saturday and remain in place until September 7. The measure applies to arrivals from Italy and mirrors controls imposed […]

UAE and Russia deepen coordination on Gulf stability

Arabian Post Staff -Dubai UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin have discussed strengthening bilateral cooperation while calling for intensified diplomatic efforts to ease tensions across the Middle East. The two leaders held a telephone conversation on Friday, reviewing cooperation under the UAE-Russia strategic partnership and reaffirming their commitment to expanding ties in areas of mutual interest. Their discussions […]