NSW is set to unveil its Innovation Blueprint, with a proposed state VC fund to bridge private investment gaps. As Victoria invests billions in innovation, NSW risks falling behind. A well-structured fund could boost startups, attract talent, and strengthen Australia’s global tech standing.
2025 sees AI giants and the proliferation of AI labs craft agentic systems, reshaping business and society. Anthropic’s $61.5B valuation fuels the race, while AI-to-AI communication boosts their reach. DeepSeek’s efficiency shows China countering U.S. dominance with affordable AI innovation.
Cortical Labs has unveiled CL1, the world’s first commercial biological computer, integrating human neurons with silicon to create Synthetic Biological Intelligence (SBI). Offering faster learning, adaptability, and lower energy use and is set to ship by June 2025.
Biden Admin. Addresses US Port Security Challenges Posed By China
The US is bolstering port cybersecurity due to concerns over Chinese-made cranes. Biden's executive order will mandate enhanced cybersecurity and reporting, targeting potential espionage and cyber risks from China's dominance in US port infrastructure.
US Takes Cybersecurity Steps Against ‘Risk’ Posed By China
US President Joe Biden and the American coastguard are taking measures to address cybersecurity concerns related to China's presence in the country's port infrastructure.
Biden will sign an executive order mandating maritime vessels and facilities to enhance their cybersecurity and report cyber incidents.
Over the next five years, the administration plans to invest over $20 billion in US port infrastructure, including efforts to bring American crane manufacturing onshore.
Rear Admiral Jay Vann, commander of the US Coast Guard Cyber Command, announced cybersecurity requirements for owners and operators of Chinese-manufactured cranes in the US.
The coastguard, housed under the Department of Homeland Security, will establish baseline cybersecurity requirements for the entire marine transport system.
US officials fear that Beijing could remotely manipulate Chinese-manufactured cranes to disrupt goods flow and gather information on US military shipments.
Lawmakers have expressed concern about security risks posed by cranes from Shanghai Zhenhua Heavy Industries (ZPMC), a state-owned company, citing cyberattacks, espionage, and supply chain vulnerabilities.
Chinese-made ship-to-shore cranes dominate the global market, constituting nearly 80% of cranes at US ports. The coastguard has assessed the cybersecurity of 92 Chinese-made cranes out of over 200 installed at American ports.
The embassy of China in Washington dismisses these concerns as "paranoia-driven" attempts to hinder bilateral trade and economic cooperation.
Besides tensions with China, the Biden administration is also motivated by the threat of criminal cyber activity, prompting the executive order to broaden the coastguard's authorities in responding to cyber threats.
This includes giving the coastguard control over vessels presenting known or suspected cyber threats.
Concerns extend beyond economic considerations to potential national security risks associated with cyber threats and criminal activities.
2025 sees AI giants and the proliferation of AI labs craft agentic systems, reshaping business and society. Anthropic’s $61.5B valuation fuels the race, while AI-to-AI communication boosts their reach. DeepSeek’s efficiency shows China countering U.S. dominance with affordable AI innovation.
Late last week, an extraordinary announcement signaled a dramatic shift in U.S. cybersecurity policy: the Trump administration deprioritized Russia as a leading cyber threat. Experts fear downplaying Moscow’s aggression could expose American networks to new risks and undermine national security.
Since early 2022, the British government has tied Iran to over 20 plots threatening UK citizens, reflecting Tehran’s expanding covert tactics. These attempts—spanning assassination, kidnapping, and surveillance—mark a significant escalation on British soil.
In a new era of presidential power steering the AI economy, February’s briefings highlight OpenAI’s pivot to SoftBank, Apple’s $500B onshore tech push, Google’s antitrust woes, Nvidia’s uncertain record earnings, and Bybit’s $140M crypto bounty.