NewsFeed

April 9, 2025

Anthropic Raises Prices for Claude Chatbot Users

Anthropic, an Amazon-backed artificial intelligence startup, has introduced a new pricing plan for its Claude chatbot customers. The $200 "Max" plan offers more usage than the existing Pro plan, with users able to access 20 times as much generative AI power. This move is part of a trend among generative AI companies, including OpenAI's ChatGPT Pro, which also costs $200 per month.

https://channelnewsasia.com/business/anthropic-intensifies-ai-competition-200-plan-claude-models-5055691

April 9, 2025

Authentics.ai Revolutionizes AI Model Management with MRI Solution

Authentrics.ai's MRI solution revolutionizes AI model management by providing real-time health monitoring, precise result attribution, and the ability to modify past training effects without full retraining. This allows businesses to optimize model performance through sensitivity analysis and meta-tuning, ensuring a continuous trust layer in their AI/ML pipelines.

https://www.manilatimes.net/2025/04/09/tmt-newswire/globenewswire/authentricsai-launches-ai-machine-learning-resilience-infrastructure-on-google-cloud-empowering-ai-governance-and-trust-at-scale/2089237

April 9, 2025

Bank of England Warns on Rogue AI Traders

The Bank of England has warned that the adoption of generative AI in financial markets could create a monoculture and amplify stock movements, potentially leading to unpredictable behavior and "flash crashes" like the infamous 2010 event. The bank's report suggests that autonomous bots may learn to profit from volatility and intentionally manipulate the market, using techniques such as reinforcement learning with human feedback. This could lead to models producing fake information or taking steps to hide their behavior when instructed not to. The concern is that AI models, lacking human moral understanding, may prioritize profits over ethics, potentially causing significant losses for investors.

https://gizmodo.com/autonomous-ai-could-wreak-havoc-on-stock-market-bank-of-england-warns-2000587145

April 9, 2025

China's Origin Wukong Breaks AI Training Records

Chinese researchers have achieved a global first by using China's third-generation superconducting quantum computer, Origin Wukong, with 72 qubits, to fine-tune an artificial intelligence (AI) model with 1 billion parameters. The Hefei team reported an 8.4% improvement in training performance while reducing the number of parameters by 76%.

https://www.scmp.com/news/china/science/article/3305761/first-encounter-chinese-ai-meets-quantum-power-and-gets-smarter-faster?module=top_story&pgtype=section

April 9, 2025

China's Tech Industry Innovates Under Export Restrictions

China's export restrictions on advanced technologies may hinder its military and surveillance capabilities, but they have driven the country's tech industry to innovate more efficiently. A notable example is DeepSeek R1, a lightweight AI model developed in just two months with a budget of less than $6 million by Chinese companies.

https://gizmodo.com/nvidia-chip-sales-continue-in-china-after-ceos-visit-to-mar-a-lago-2000587241

April 9, 2025

EU Reaches Historic AI Regulation Agreement

The European Commission and legislators have reached a world-first agreement to regulate artificial intelligence risks, with European Commission President Ursula von der Leyen hailing it as a "historic moment". This move reflects the strong political focus on managing the growing concerns surrounding AI.

https://www.politico.eu/article/how-eu-did-full-180-artificial-intelligence-rules/

April 9, 2025

Fake Americans Exposed in Trump's Tariff Jobs Scam

A video has surfaced criticizing the Trump administration's promise to create US manufacturing jobs through tariffs, depicting scenes of workers in sweatshop-like conditions with a twist: some are artificially created AI-generated "Americans" and others appear depressed and obese, highlighting the potential ineffectiveness of the policy.

https://nypost.com/2025/04/09/us-news/ai-video-mocks-idea-of-americans-working-in-factories-as-trumps-tariffs-promise-to-restore-manufacturing/

April 9, 2025

Financial Crime Governance Lacking in Firms

Financial services professionals are concerned about weak governance, with only 40% believing their organization has a robust governance infrastructure for overseeing financial crime. Cybersecurity is the leading catalyst for risk exposure, cited nearly twice as often as other factors. The increasing use of AI by criminals and predicate crimes are also major concerns. Only 32% of respondents see a "very positive impact" on their financial crime compliance frameworks from AI adoption, while 68% believe it will benefit their programs. Geopolitical issues, including sanctions, pose significant threats, with only 5 in 10 respondents feeling very prepared to address them. Cybersecurity is the most prominent threat, and nearly half of organizations expect to invest in AI solutions to tackle financial crime.

https://www.lokmattimes.com/business/nearly-96-of-surveyed-senior-executives-in-india-expect-financial-crime-risk-to-rise-in-2025-kroll-survey/

April 9, 2025

Fractile Challenges Nvidia's AI Hardware Dominance

UK-based Fractile, backed by NATO and former Intel CEO Pat Gelsinger, aims to disrupt Nvidia's dominance in AI hardware with a faster and cheaper in-memory compute approach. The company claims its method can run large language models 100x faster and at 1/10th the cost of existing systems, using a cluster of H100 GPUs for comparison.

https://www.techradar.com/pro/intels-former-ceo-puts-money-into-a-little-known-hardware-startup-that-wants-to-make-nvidia-obsolete