Moody's flags risk in Oracle's $300 billion AI contracts, but stops short of taking ratings action. The US credit rating agency identified potential risks in Oracle's recently signed artificial intelligence contracts, worth $300 billion. A majority of the new revenue is expected to come from a contract with OpenAI, marking one of the biggest cloud contracts ever signed.
NAVER CEO Choi Soo-yeon has been appointed to the UN Global Compact Board of Directors, strengthening international partnerships for AI governance. This move is part of NAVER's sustainable growth strategy, launched through the 2024 launch of NAVER Impact. Choi will participate in transnational discussions on establishing ethical AI governance, following her appointment at the UN Headquarters in New York on September 20.
Flagged AI-Powered Ransomware Was NYU's Work: Cyber Bulletin. Bloomberg reported that New York University (NYU) was hit by a flagged AI-powered ransomware attack. The incident occurred on September 8, 2022. The attack targeted NYU's Workday system, which is used for human resources and payroll management. The university's IT department detected the attack and took steps to contain it, but not before some data was compromised. The incident highlights the growing threat of AI-powered ransomware attacks, which use machine learning algorithms to evade traditional security measures.
Sharon Foltz, an expert on Exponential IT and AI readiness, will lead a workshop at the 2025 Technology Association of Grantmakers (TAG) Annual Conference. The conference aims to promote the strategic, innovative, and equitable use of technology in philanthropy to solve problems and improve lives. Info-Tech Research Group, a leading research and advisory firm, will provide practical tools to align IT with organizational goals, manage risks, and leverage emerging technologies responsibly. The workshop will focus on Exponential IT and AI readiness, providing philanthropic and nonprofit leaders with actionable insights to make strategic decisions.
Subsplash and Pulpit AI partner with Southeastern University to equip students with skills for future roles. Subsplash, a technology solutions provider for over 20,000 organizations, is partnering with Southeastern University to enhance its students' graduation experience. The partnership aims to equip students with the skills and tools necessary for success in their future roles. Southeastern University's Barnett College of Ministry & Theology offers degree programs to train and equip future church leaders and ministers. Pulpit AI, an advanced AI-powered tool developed by Subsplash, will be integrated into the university's curriculum to assist pastors in preparing and delivering impactful sermons.
Judges signal openness to AI collusion claims against hotels. A panel of Third Circuit judges appeared receptive to plaintiffs' claims that several Atlantic City hotels colluded to fix room prices via an algorithm. Judge L. Felipe Restrepo stated that the hotels shared competitively sensitive information and knew their competitors were doing the same thing. The case has consequences for algorithmic pricing, as the question is whether plaintiffs plausibly alleged that Atlantic City hotel-casinos delegated independent pricing decisions to the same third-party algorithm, which used their confidential information to generate prices that the hotels adopted.
US lawmakers are probing a Huawei subsidiary, Futurewei, for allegedly sharing office space with Nvidia in the US. The co-location is under scrutiny as lawmakers claim it gave Futurewei access to sensitive US semiconductor and AI technologies. Documents on Futurewei's ties to Huawei are being demanded, while Nvidia insists its operations remain isolated. The probe comes after two US lawmakers, John Moolenaar and Raja Krishnamoorthi, sent a letter to Futurewei citing a May 2025 filing document that officially lists it as a Huawei subsidiary.
Adversa AI has launched the MCP Security TOP 25, a definitive resource for identifying vulnerabilities and threats in MCP-enabled AI systems. The list includes top vulnerabilities such as prompt injection, supply chain exploits, rug pull and tool poisoning. To defend against these threats, organizations can follow methodologies and defensive playbooks published in the resource. Adversa AI's platform delivers automated, continuous AI Red Teaming across LLM applications and autonomous AI agents. The company protects Fortune 500 AI innovators, financial institutions, and government agencies building the next generation of artificial intelligence.
Perforce Software's 2025 State of Game Technology Report reveals that 70% of organizations now integrate AI into core workflows, including content creation and code testing. This surge is attributed to the report's findings that version control usage has increased to 86% across industries, up from 69% in 2024. The report surveyed 521 professionals and was released in collaboration with JetBrains, a trusted provider of intelligent software development tools.