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241 stories
Security & privacy

Why the FSB Identified AI-Related Cyber Risks as the Top Concern for Financial Stability

The focus of warnings that AI could destabilize the financial system is shifting from investment mania to cyber resilience. The Financial Stability Board (FSB), an international financial regulatory body, has identified the potential for cutting-edge AI to alter the speed, scale, and cost structure of cyberattacks as the most urgent issue the financial sector must address. ​ Andrew Bailey, Chair of the FSB and Governor of the Bank of England, sent a message ahead of the G20 meeting of finance ministers and central bank governors, I raised this issue in a letter. Financial company

Industry & policy

Taiwan Prosecutors Raid Unimicron… Allegations That Chinese-Made PCBs Were Labeled as “Made in Taiwan”

Taiwanese prosecutors raided the offices and factories of Unimicron Technology, a printed circuit board (PCB) manufacturer. The investigation is aimed at verifying allegations of so-called “origin laundering,” in which some PCBs produced in China were falsely labeled as made in Taiwan. ​ The Taoyuan District Prosecutors’ Office searched two of the company’s locations and questioned 18 people, including 14 defendants and 4 witnesses. Prosecutors are looking into possible violations of laws regarding false country-of-origin labeling, document forgery, and product labeling. Yes. ​ Since it's still under investigation,

Security & privacy

U.S. DOJ Corrects Statement on Chinese Hacking… NASA, Fed, and Others Were ‘Targeted,’ Not ‘Compromised’

The U.S. Department of Justice has corrected its statement regarding a Chinese government-backed hacking group, in which it had referred to several federal agencies as “victims.” The correction clarifies that while NASA, the Federal Reserve, and the U.S. Senate were indeed targeted, none of them were actually compromised. ​ On August 26, the Department of Justice announced that it had seized the internet domains used by the hacking platforms QScan and QTRouter. Subsequently, in a revised statement on August 28, it clarified that not all agencies It was targeted, and intrusions were confirmed only at some agencies.

Industry & policy

CXMT Files Lawsuit to Revoke U.S. Department of Defense Designation as a “China-Affiliated Military Company”… The Significance of the 1260H List

CXMT, a Chinese memory semiconductor company, has filed a lawsuit against the U.S. Department of Defense in federal court. The company is demanding that the U.S. government rescind its decision to include CXMT on the list of “entities associated with the Chinese military” and remove it from the list. ​ CXMT argues that its DRAM is designed and manufactured for civilian and commercial use and has no ties to the Chinese military. The company contends that the Department of Defense’s determination lacks sufficient grounds and that due process was not followed. ​ This designation imposes comprehensive sanctions that immediately block all transactions and completely

Robotics & emerging technology

Canada Provides 195 Million Canadian Dollars in Funding for Xanadu’s Quantum Manufacturing Facility… Photonic Components to Be Manufactured Domestically

The Canadian government has decided to provide 195 million Canadian dollars in funding to help Xanadu Quantum Technologies, a photonics-based quantum computing company, build a manufacturing facility. This amounts to approximately 141 million U.S. dollars. ​ The total project cost is 893 million Canadian dollars, with the expansion of research and development facilities and the establishment of advanced photonic component manufacturing capabilities at its core. The Canadian government expects that up to 275 skilled jobs will be created. ​ This funding is A Completed General-Purpose Quantum Computer

Semiconductors & infrastructure

CXMT's First-Half Revenue Soars 874%, Posting a Profit of 77.6 Billion Yuan… A Turnaround Driven by the AI Memory Shortage

In its first half-year earnings report since going public, Chinese DRAM company CXMT saw its revenue increase nearly tenfold and returned to a substantial profit. Demand for AI data centers and computing equipment, driven by memory shortages and rising prices, led to a significant jump in earnings. ​ Revenue for the first half of 2026 totaled 150.31 billion yuan, an increase of 873.64% compared to the same period last year. Net income attributable to controlling shareholders was 77.605 billion yuan, marking a turnaround from a loss of 2.332 billion yuan a year earlier. I switched. ​