Cisco faces fallout from a massive data leak exposing critical files, while China accuses the U.S. of cyber espionage amid rising tech tensions. AI governance sparks debate as Europe enforces strict rules, and ASIC sues HSBC for $23M scam failures. Global cyber affairs take center stage this week.
ASIC is suing HSBC Australia over $23M in scam losses, alleging systemic failures in fraud detection and delays in resolving complaints. Meanwhile, Singapore's proposed anti-scam law aims to freeze accounts of scam victims to prevent further losses, sparking debate on privacy and autonomy.
Broadcom joins Nvidia in the $1 trillion club, reshaping the AI chip race with a 51% revenue surge in Q4 2024 and VMware's $69B acquisition. As China invests $25B to boost semiconductor self-reliance, U.S.-China tensions escalate, redefining global innovation and geopolitical power dynamics.
Microsoft launched AI-powered Surface PCs with a Copilot button and hired top talent from Inflection AI, reinforcing its leadership in AI innovation and personal computing.
In a series of strategic moves that underscore its commitment to leading the artificial intelligence (AI) revolution, Microsoft has made headlines with its latest announcements.
The tech giant is not only introducing AI-integrated Surface PCs but also bolstering its AI development team with the acquisition of talent from the AI startup Inflection.
Microsoft has unveiled its first-ever Surface PCs equipped with a dedicated Copilot button, fulfilling a promise made earlier this year.
This innovative feature, positioned for easy access on the keyboard, is poised to transform the user experience by bringing generative AI capabilities to the fingertips of users.
The new Surface Pro 10 for Business and Surface Laptop 6 for Business, both equipped with this feature, highlight Microsoft's vision for a future where AI and personal computing are seamlessly integrated.
In addition to the Copilot feature, these "AI PCs" boast Intel Core Ultra processors with a specialised neural processing engine (NPU), enabling faster responses and improved security.
These features, along with the integration of AI into Windows 11, underscore Microsoft's commitment to enhancing user experiences through technology.
The introduction of these AI-integrated PCs follows closely on the heels of Apple's announcement of its MacBook Air laptops, featuring an upgraded Neural Engine for AI applications.
Microsoft's offerings, starting at $1,199, are now available for pre-order and are set to ship starting April 9, though initially, they will not be available to consumers.
In a parallel development, Microsoft has announced a significant partnership with Inflection AI, involving a $650 million agreement largely for licensing the startup's AI software.
This move comes alongside the hiring of Inflection's co-founders, Mustafa Suleyman and Karén Simonyan, as well as a majority of the startup's staff.
This "acqui-hire" has captured the industry's attention, merging Inflection's innovative AI capabilities with Microsoft's global reach.
"We are in Year 2 of the AI platform shift and must ensure we have the capability and capacity to boldly innovate," stated Satya Nadella, CEO of Microsoft, highlighting the company's ambition in the AI space. With Suleyman and Simonyan joining the leadership team, Microsoft is poised to accelerate its AI research and development efforts.
The Pacific tech war intensifies as Trump's return to power amplifies U.S. export bans, targeting China’s AI progress. ByteDance, Nvidia's largest Chinese buyer, counters with bold strategies like crafting AI chips and expanding abroad. A fragmented 2025 looms, redefining tech and geopolitics.
Australia pushes tech giants to pay for local journalism with new laws as Meta faces a global outage, raising concerns over platform reliability. Meanwhile, Meta joins hyperscalers like Google and Amazon, exploring nuclear energy to power AI ambitions and unveils a $10B AI supercluster project.
Australia's government plans to make tech giants pay for local journalism, leveling the media playing field. Meanwhile, Meta faces global outages, sparking reliability concerns, and unveils nuclear ambitions with a $10B AI supercluster in Louisiana. Big tech is reshaping energy and media landscapes.
Australia’s Commonwealth Bank (CBA) is transforming banking with generative AI, cutting fraud by 30% and issuing 20,000 daily alerts. AI also streamlines loans and credit reviews, saving hours. Globally, AI could save $1T by 2030, enhancing efficiency and personalized customer experiences.
