The AI race is accelerating faster than the real economy can adapt. Sam Altman concedes adoption is slower than expected, while Nvidia’s record results, Musk’s ambitions, Chinese open models and new jailbreak risks reveal an intensifying contest for compute, influence and control. Across the world.
Brazil is investing US$444 million in AI infrastructure spanning Chinese and US technology. Its strategy avoids dependence on one power, using rival suppliers to build sovereign compute, domestic models and leverage, although genuine autonomy will depend on its energy, skills and strong execution.
NVIDIA’s latest earnings have reset the AI trade. Revenue is surging, Rubin is ramping faster than expected, and Wall Street is warming again. Yet the next test is physical: can chipmakers, memory suppliers, power grids and capital markets keep pace with AI demand? as global AI demand accelerates.
Stryker is rebuilding after a cyberattack that wiped about 80,000 devices via a compromised Intune admin account, with up to 50TB of data reportedly exfiltrated. As US systems face similar probes, Australia is exposed, increasing pressure on boards to tighten cyber controls and readiness.
Somalia's government has confirmed a major data breach of its electronic visa system, exposing the sensitive personal information of over 35,000 travellers. The incident has prompted warnings from the US and UK, raising serious concerns over digital infrastructure security.
The Australian Signals Directorate (ASD) has issued a critical alert regarding the BADCANDY malware, which is actively exploiting a Cisco vulnerability to compromise hundreds of devices across Australia. The non-persistent web shell allows attackers to reinfect unpatched systems repeatedly.
Japan's largest brewer, Asahi Group Holdings, has confirmed a ransomware attack by the Qilin group, resulting in production shutdowns and the theft of 27GB of corporate data.
Perth-based operational technology firm Intellect Systems has been targeted by the Akira ransomware group, which claims to have stolen 10GB of sensitive corporate and personal data. The attack highlights the growing threat to the critical infrastructure sector through vulnerable network devices.
US casino operator Boyd Gaming has confirmed a cyberattack that resulted in the theft of employee data and information from a limited number of other individuals. The company is investigating the incident and has notified relevant authorities.
Jaguar Land Rover's global production has been severely disrupted by a cyberattack, with a group of hackers claiming responsibility. The incident has halted manufacturing at key UK plants and impacted retail operations during a peak sales period, raising concerns about supply chain vulnerabilities.
Farmers Insurance has confirmed a major data breach affecting 1.1 million customers after hackers compromised a third-party vendor's Salesforce database. The breach, part of a wider campaign by the ShinyHunters group, exposed personal information.
Qilin ransomware hit Nissan’s Creative Box studio, stealing 4TB of data including vehicle designs, financial records, and VR tech. The breach threatens Nissan’s IP and global operations.
US-based pharmaceutical research organisation Inotiv has confirmed a significant ransomware attack by the Qilin group, disrupting operations and leading to the encryption of critical systems. The attack has impacted business continuity, with the data breach still under investigation.
Australian internet provider iiNet confirms major data breach affecting 280,000+ customers after hackers used stolen employee credentials to access order management system. TPG CEO apologises "unreservedly" as investigation continues.
HR giant Workday confirms data breach affecting 70+ million users worldwide after hackers infiltrated third-party CRM platform via social engineering. Attack part of broader ShinyHunters campaign targeting major corporations through Salesforce systems.
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