Meta criticised for AI-generated adverts scams

Meta has faced criticism after numerous consumers reported being misled by companies using AI-generated adverts on Facebook and Instagram. The firms posed as UK businesses while shipping cheap goods from Asia, prompting claims that scams were ‘running rampant’ on the platforms.

Victims were persuaded by realistic adverts and AI-generated images but received poorly made clothing and jewellery. Several companies, including C’est La Vie, Mabel & Daisy, Harrison & Hayes, and Chester & Clare, were removed after investigations revealed fabricated backstories and fake shopfronts.

Consumer guides recommend vigilance, advising shoppers to check company websites, reviews, and use Trustpilot to verify legitimacy. Experts warn that overly perfect images, including AI-generated shopfronts or models, may signal fraudulent adverts.

Platforms such as Facebook and Instagram are urged to enforce stricter measures to prevent scams.

Meta stated it works with Stop Scams UK and encourages users to report suspicious adverts, while the Advertising Standards Authority continues to crack down on misleading online promotions.

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Baidu emerges as China’s AI chip leader

A key player is emerging in China’s AI chip market with Baidu’s Kunlunxin unit stepping in to fill the gap left by Nvidia due to US export restrictions.

The company plans a five-year roadmap for AI chips, beginning with the M100 in 2026 and the M300 in 2027, while already using its chips to run ERNIE AI models.

Strong domestic demand and shortages of AI chips among Chinese tech giants, such as Alibaba and Tencent, have created an opportunity for Baidu.

The company sells chips to third parties and rents computing capacity via its cloud, presenting itself as a full-stack AI provider with integrated infrastructure, models, and applications.

Analysts predict explosive growth for Baidu’s AI chip business, with sales expected to increase sixfold to 8 billion yuan ($1.1 billion) by 2026. Industry experts highlight that the timely delivery of competitive Kunlun chip generations could make Baidu a strategic supplier to the rest of China’s AI ecosystem.

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Spar Switzerland expands crypto payments across its mobile app

Spar Switzerland has advanced retail crypto adoption by adding Bitcoin and over 100 digital assets to its mobile app. On-chain QR payments now replace third-party processors, following earlier pilots with the Lightning Network and Binance Pay.

Supportive national regulations continue to make Switzerland one of the most active retail environments for crypto payments. Merchants across the country have increasingly embraced digital assets, encouraged by clear legal frameworks and a population already familiar with fintech services.

The update follows previous pilots involving the Lightning Network and Binance Pay that began in 2025. Lessons from those trials helped shape Spar’s shift towards a fully integrated on-chain payment system.

Industry analysts view the expansion as a strong signal of growing consumer demand for flexible payment options. Broader access in major retail chains often accelerates mainstream adoption and encourages users and businesses to engage more confidently with the crypto economy.

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Mixx and MVola services grow under Axian’s partnership with Mastercard

Axian Group has entered a strategic partnership with Mastercard to expand digital payment services across its mobile network markets. The collaboration covers virtual and physical cards under the Mixx and MVola brands. Both companies say the tools will enable safer, faster cross-border payments.

Consumers will activate and top up virtual cards via the Mixx and MVola apps in markets such as Madagascar and the Comoros. Axian says real-time monitoring features will simplify international transactions. The rollout is designed to broaden financial access through mobile channels.

Axian’s fintech lead, Erwan Gelebart, says the initiative will help SMEs and entrepreneurs in Senegal and Togo adopt secure mobile-payment tools. He argues the partnership strengthens local digital ecosystems. Mastercard sees the cooperation as part of wider financial-inclusion efforts.

Mastercard executive Mete Guney says the collaboration will expand secure digital-payment infrastructure in Tanzania and neighbouring regions. He says new services aim to improve how people pay and get paid. The companies plan phased deployment as demand grows.

Axian rebranded its mobile units to Yas in 2024 across Madagascar, Comoros, Senegal, Togo and Tanzania. Its financial services arms now operate as Mixx by Yas. The new merchant and card tools build on this unified-market strategy.

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DigitalBridge joins KT to boost Korea’s AI infrastructure plans

KT has partnered with DigitalBridge to build new AI data centres in Korea and abroad. The agreement was signed in Seoul amid growing demand for high-performance computing. Both companies aim to expand into fast-developing regional AI markets.

DigitalBridge brings global data centre and cloud expertise, backed by significant investment capacity. KT says the partnership will boost national AI competitiveness and support expansion plans. Work will cover facility design, operations and improved network connectivity.

Engineers will optimise AI workloads for training and inference across industrial sectors. The partners plan to stabilise high-load systems and streamline data flow. Enterprise and telecom uses are expected to benefit directly.

Energy efficiency is a core priority for advanced AI facilities. KT and DigitalBridge will research cooling improvements and power-saving methods. Both companies frame sustainability as essential for long-term competitiveness.

KT says the collaboration strengthens ambitions for regional AI infrastructure within Korea. Analysts view the move as an effort to secure GPUs and expand capacity. The project aims to position Korea as a key AI data-centre hub.

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Open-source tech shapes the future of global AI governance

As the world marks a decade since China introduced the idea of building a ‘community of shared future in cyberspace,’ the executive director of DiploFoundation and former UN official Jovan Kurbalija says the concept has never been more relevant. Speaking to the Global Times, he emphasised that global digital cooperation has historically been rooted in openness, from the early internet protocols to today’s rapid development of open-source AI.

That collaborative model, he argued, is shaping the next phase of digital evolution, where the line between physical and virtual space is rapidly disappearing.

Kurbalija noted that AI technologies sit at the crossroads of today’s geopolitical, economic, and social tensions. While they amplify opportunities, they also heighten risks, making cooperation essential.

He said that global governance must focus on expanding safe and inclusive technological use while managing the rising dangers associated with rapid innovation. Many UN initiatives, he added, are built on this very logic, widening the space for cooperation to prevent digital divisions from deepening.

At the heart of that challenge is inclusivity. Despite technological progress, one-third of humanity still lacks internet access.

Kurbalija emphasised that true inclusion requires far more than connectivity, and that it demands skills, market access, and participation in decision-making, from local communities to international institutions. Education and capacity development, he said, are fundamental to ensuring that youth, marginalised groups, and people with disabilities can benefit from AI rather than be left behind. Affordable open-source AI will be crucial in bridging this divide.

China’s growing role in the global AI ecosystem is central to these changes. According to Kurbalija, open-source models released by companies such as DeepSeek have rapidly reshaped an industry previously dominated by proprietary systems.

Their impact has been so significant that many countries are now placing open-source approaches at the core of their national AI strategies. He called this shift a ‘historic development’ with far-reaching consequences for transparency, accessibility, and the long-term governance of AI.

Looking ahead, Kurbalija believes China’s Global Governance Initiative could usher in a new phase of international cooperation. The key challenge, he said, will be grounding fast-moving AI innovation in deeper cultural and societal traditions.

He pointed to China’s own philosophical heritage, highlighted during last year’s Global Dialogue on AI, Philosophy and Governance, as an example of how ancient ideas can help guide future technological progress. As nations grapple with the uncertainty of AI transformation, he argued, it is these cultural roots and shared human values that may ultimately shape a more stable and cooperative digital future.

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Fraud and scam cases push FIDReC workloads to new highs

FIDReC recorded 4,355 claims in FY2024/2025, marking its highest volume in twenty years and a sharp rise from the previous year. Scam activity and broader dispute growth across financial institutions contributed to the increase. Greater public awareness of the centre’s role also drove more filings.

Fraud and scam disputes climbed to 1,285 cases, up more than 50% and accounting for nearly half of all claims. FIDReC accepted 2,646 claims for handling, with early resolution procedures reducing formal caseload growth. The phased approach encourages direct negotiation between consumers and providers.

Chief Executive Eunice Chua said rising claim volumes reflect fast-evolving financial risks and increasingly complex products. National indicators show similar pressures, with Singapore ranked second globally for payment card scams. Insurance fraud reports also continued to grow during the year.

Compromised credentials accounted for most scam-related cases, often involving unauthorised withdrawals or card charges. Consumers reported incidents without knowing how their details were obtained. The share of such complaints rose markedly compared with the previous year.

Banks added safeguards on large digital withdrawals as part of wider anti-scam measures. Regulators introduced cooling-off periods, stronger information sharing and closer monitoring of suspicious activity. Authorities say the goal is to limit exposure to scams and reinforce public confidence.

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DeepSeek opens access to gold-level maths AI

Chinese AI firm DeepSeek has released the first open AI model capable of achieving gold-medal results at the International Mathematical Olympiad. Math-V2 is now freely available on Hugging Face and GitHub, allowing developers to repurpose it and run it locally.

Gold-level performance at the IMO is remarkably rare, with only a small share of human participants reaching the top tier. DeepSeek aims to make such advanced mathematical capabilities accessible to researchers and developers who previously lacked access to comparable systems.

The company said its model achieved gold-level scores in both this year’s Olympiad and the Chinese Mathematical Olympiad. The results relied on strong theorem-proving skills and a new ‘self-verification’ method for reasoning without known solutions.

Observers said the open release could lower barriers to advanced maths AI, while US firms keep their Olympiad-level systems restricted. Supporters of open-source development welcomed the move as a significant step toward democratising advanced scientific tools.

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EU-South Korea digital partnership enhances collaboration

The European Union and the Republic of Korea strengthened their digital partnership during the third Digital Partnership Council meeting in Seoul, where both sides emphasised the value of deeper cooperation in advanced technologies.

The discussions focused on how joint research on semiconductors, 6G, AI and quantum technologies can support competitiveness and provide broader economic benefits.

Both sides agreed to continue collaborative work on semiconductor research to advance more efficient chips suitable for AI and automated mobility. Quantum research under Horizon Europe is set to expand through shared expertise and long-term cooperation.

Regulatory alignment on AI will progress through dialogue on conformity assessment results linked to the EU AI Act, supported by joint work on innovation, standardisation and safety evaluation.

Information exchange on emerging data spaces is also expected to grow, with both partners assessing whether a dedicated working group could enhance interoperability.

Cyber cooperation remains a priority, covering threat information sharing, software supply chain security and the safety of connected devices, combined with efforts to strengthen skills and explore new research.

Engagement in international standardisation bodies such as the International Telecommunications Union will continue to support broader global alignment. The two partners plan to meet again in Brussels in 2026 to assess progress.

The partnership reflects broader EU objectives in the Indo-Pacific and supports the goals of the International Digital Strategy.

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Estonia invests in Germany to strengthen European tech independence

During an official visit to Germany, Prime Minister Kristen Michal joined Saxony’s Minister President Michael Kretschmer to open a new Skeleton Technologies factory near Leipzig, underlining Estonia’s long-term commitment to European technological development.

An investment of 220 million euros that marks the most significant industrial commitment an Estonian company has made in Germany and reflects a shift towards mutual economic engagement.

The factory produces supercapacitors that aim to reduce energy consumption in AI data centres while enhancing the reliability of the power grid.

Michal noted that the relationship between the two countries has entered a new phase, as Estonia is now investing in Germany, rather than only receiving investment. He pointed to Germany’s industrial capacity and Estonia’s digital expertise as complementary strengths.

The project benefited from financial and strategic support through programmes such as EUBatIn, while partnerships with Siemens and Marubeni strengthened the technological foundation of the initiative.

Cooperation between Estonia and Saxony already extends across innovation, microelectronics and digital public services.

Several Estonian technology firms operate in the region, while universities in both countries maintain active collaboration in engineering, IT and business administration. These links continue to grow and support talent, research and industrial development.

The new factory is presented as a practical step towards European technological resilience, as the components used in the supercapacitors are sourced from European suppliers.

Estonian officials argue that Europe must develop and produce key technologies instead of relying on external suppliers. The opening of the plant is seen as the beginning of broader cooperation in IT, green technology, defence and advanced manufacturing.

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