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.
The global AI war will be won in the key arena of education and training, according to Jack Ilmonen. The edge lies in producing a population ready to think alongside machines rather than compete with them. This approach focuses on preparing individuals to work effectively with AI, rather than trying to outdo it in traditional competitive ways.
Business Insider's AI search tool has seen a 50% increase in click-throughs to articles since October, with engagement significantly boosted among users. The tool, which is currently used by only 1% of the publication's readership, has been a success in promoting journalism. In addition to the search tool, Business Insider's AI audio briefings have also seen a 20% month-over-month growth in consumption. The company's staff are using AI tools extensively, with 80-90% of employees utilizing them. This investment in AI is driven by the belief that it will improve the company's bottom line in the future, despite current ROI being low.