British telecom giant Colt Technology Services confirms WarLock ransomware attack affecting global operations across 40 countries. Hackers demand $200,000 for stolen data including employee salaries and customer information.
Perplexity's audacious $34.5 billion Chrome bid signals a seismic shift in Silicon Valley. When AI-native upstarts challenge trillion-dollar hyperscalers, are we witnessing technological disruption's next chapter? History shows no tech aristocracy endures forever—from IBM's fall to Google's rise.
Scotch College in Melbourne has confirmed a cyberattack that exposed data belonging to families and graduates. The breach, detected over the weekend, prompted server shutdowns, account suspensions, and a forensic investigation to determine the scope of information accessed.
Technological battles and industry disruptions.
Apple’s new research paper dismantles the myth of AI reasoning, revealing that models from OpenAI, Anthropic, and Google collapse under complex tasks. Released ahead of WWDC 2025, the findings challenge billion-dollar AGI claims and expose the industry’s most persuasive illusion.
AI is reshaping Western defense, but with progress comes risk. Australia stands at a crossroads: lead in securing AI-driven military tech or risk importing vulnerabilities. As global powers weaponize algorithms, oversight, cooperation, and resilience are now mission-critical.
Cloudflare CEO Matthew Prince issues a stark warning about AI’s growing impact on web economics, revealing how zero-click search and AI scraping are threatening the sustainability of content creators and publishers across the internet.
Saudi Arabia’s bold $600 billion AI initiative, powered by U.S. tech leaders NVIDIA and AMD, transforms global tech alliances. With relaxed U.S. chip export rules boosting Gulf capabilities, the Global South must swiftly recalibrate strategies to compete in the new AI power landscape.
Sam Altman and Elon Musk, once allies and now AI rivals, just surprised the tech world. Altman extended a public olive branch, calling for friendship and unity over AGI’s future. Could this mark a turning point in their feud? Industry eyes now turn to Musk’s next move.
Elon Musk’s legal clash with OpenAI over its profit-driven shift intensifies, with a judge denying his bid to halt the change. Musk claims the move betrays OpenAI’s mission. The battle could reshape investor trust in OpenAI and boost Musk’s xAI in the fight for AI dominance.
Taiwan’s TSMC could run Intel’s U.S. factories, heightening chip security debates. President Lai pledges more U.S. investment and increased defense spending, advocating a “democratic supply chain.” Trump demands reshoring, threatening tariffs if Taiwan doesn’t comply.
During his first White House meeting with Nvidia CEO Jensen Huang, President Trump signaled potential shifts in U.S. AI and semiconductor policy amid intensifying global competition. Discussions tackled export controls, DeepSeek breakthroughs, and challenges in global supply chains.
From TikTok’s dance-off to Instagram’s copycat moves, this week saw Trump forge powerful alliances with Silicon Valley’s elite. The launch of the $500B Stargate AI initiative and the fierce rivalry between Elon Musk and Sam Altman highlight a new era where politics and tech collide.
The AI race is on: Trump’s $500B “Stargate” with OpenAI, Oracle, NVIDIA, & SoftBank triggers a surge in power demand. Goldman’s Brian Singer forecasts data centers consuming 3–4% of global power by 2030. Meanwhile, Elon Musk and Sam Altman’s feud fuels the drama.
Biden’s sweeping AI export curbs, unveiled just before he leaves office, split the global market into ‘tier-one’ allies with unrestrained access and adversaries facing strict embargoes. Tech giants warn of global disruption, while US officials claim it defends US leadership from China’s AI surge.
As we close the book on 2024, we welcome you to our Holiday Edition, where we unwrap the biggest stories that defined a whirlwind year in AI and cyber affairs—a celebration of relentless innovation, jaw-dropping rivalries, and high-stakes power plays that kept us captivated all year round.
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