ASML sued Xtal Inc., a Silicon Valley startup founded by former ASML engineer Zongchang Yu, for stealing trade secrets worth over $800 million. The case highlights vulnerabilities in the targeting of specialized technology, corporate entity structures, and state endorsement of IP theft. It also reveals growing evidence that Chinese state-linked entities are exploiting AI foundation models associated with US firms for malicious purposes. The Biden administration's AI Diffusion Policy aims to regulate global AI spread but has proven ineffective due to China's use of intermediaries, gray market channels, and domestic investments. This has led to concerns that the policy may harm US technology leadership by restricting access to lucrative markets and stifling innovation. To address these challenges, Congress should modernize intellectual property protections for the AI era, strengthen cybersecurity, and treat AI companies as critical infrastructure.
https://www.csis.org/analysis/protecting-our-edge-trade-secrets-and-global-ai-arms-raceA recent study by AWS found that 90% of businesses utilize AI, with 60% appointing a Chief AI Officer (CAIO) to oversee strategy. The report reveals that spending on generative AI has surpassed cybersecurity, with financial services, ICT, manufacturing, and retail sectors adopting the technology.
https://www.techradar.com/pro/gen-ai-spending-now-higher-than-security-investment-for-many-businessesBitsight has introduced Bitsight Pulse, an AI-driven Cyber Threat Intelligence (CTI) service that provides security teams with a curated, real-time stream of personalized insights from the deep and dark web, open source intelligence, and online news platforms. The platform aggregates events from various sources, generates generative AI-powered insights, and offers customizable channels for specific interests. Bitsight Pulse aims to address information overload and provide actionable intelligence delivery, enabling organizations to proactively defend against critical cyber threats.
https://www.prnewswire.com/news-releases/new-bitsight-analysis-reveals-43-increase-in-breach-data-shared-on-underground-forums-in-2024-302447938.htmlThe California regulatory agency recently voted to weaken its own rules on artificial intelligence, giving big tech companies more leeway to track users. The move came after a meeting where the board supported four draft bills, including one that protects brain-computer device users' privacy and another that prohibits location data collection without consent.
https://calmatters.org/economy/technology/2025/05/california-regulator-weakens-ai-rules-giving-big-tech-more-leeway-to-track-you/A significant shift in investment priorities is needed among organizations to address the growing cybersecurity threats. Despite a majority planning to upgrade their IT infrastructure, only a minority allocates sufficient funds for comprehensive defense strategies. The complex security infrastructures of many organizations are hindering their ability to respond quickly and effectively to threats. A severe talent shortage is also a major challenge, with 86% of respondents citing it as a significant issue. To overcome these challenges, organizations must prioritize AI-driven solutions, simplify their security infrastructures, and enhance AI threat awareness to tackle the increasing complexity of cybersecurity threats.
https://www.prnewswire.com/news-releases/cisco-study-reveals-alarming-deficiencies-in-security-readiness-302447554.htmlThe US Department of Justice is threatening to undermine artificial intelligence innovation and antitrust law in its lawsuit against RealPage, an AI-driven company accused of market manipulation. Former Missouri Assistant Attorney General John Reeves argues that the DOJ's suit misidentifies collusion and erodes antitrust law. Arizona Attorney General Kris Mayes has written to Florida Attorney General Pam Bondi urging her to protect renters from market manipulation by intervening in the housing pricing software market, which is the opposite of what the government should do in terms of antitrust policy.
https://news.bloomberglaw.com/esg/doj-threatens-ai-innovation-and-antitrust-law-in-realpage-suitEnveil has been selected to support Project Linchpin, a US Army initiative focused on delivering a trusted AI/ML operations pipeline. The company's ZeroReveal software ensures that sensitive data remains protected during search, analysis, and machine learning model usage. Enveil's Privacy Enhancing Technology (PETs) solutions leverage homomorphic encryption and secure multiparty computation to enable organizations to extract insights without exposing their interests or compromising data security.
https://www.prnewswire.com/news-releases/enveil-named-in-the-gartner-market-guide-for-ai-trust-risk-and-security-management-302448041.htmlFacephi has launched its biometric, AI, and machine learning solutions on Amazon Web Services (AWS) Marketplace, aiming to simplify and secure digital identity for businesses globally. The company's authentication services utilize facial biometrics, passwordless access, and real-time fraud protection, ensuring compliance with regulations such as KYC and AML. Facephi CEO Javier Mira expressed pride in partnering with AWS to accelerate adoption and scale with confidence.
https://www.manilatimes.net/2025/05/07/tmt-newswire/globenewswire/facephi-brings-its-ai-driven-biometric-id-verification-and-fraud-protection-services-to-aws-marketplace/2107477German Consul General Dr Rudiger Lotz noted the positive impact of AI on German industries, while cautioning about the need for safeguards. The State Bank of Pakistan's DFS Group is digitising banking access to underserved populations through technology. CEO and co-founder of Pixelhunters UAE, Dr Ani Atanasova, discussed AI's potential for social good and its role in driving meaningful change. The Institute of Business Administration Karachi's executive director Dr S Akbar Zaidi highlighted the socio-economic implications of AI adaptation. Asma Shaikh, acting VP and director-general HR at the Asian Infrastructure Investment Bank China, emphasized preparing the workforce for the AI era through future-ready leadership and talent development.
https://www.thenews.com.pk/print/1308999-karachi-conference-highlights-ai-learning-for-future-impact