Singaporean asset manager Keppel and Vietnam’s Sovico Group are in discussions to develop undersea fibre-optic cables aimed at boosting Southeast Asia’s data centre industry. The potential $150 million project would directly link Vietnam with Singapore, a critical regional hub for data infrastructure. However, talks remain fluid, with Keppel reportedly favouring a larger consortium-led project extending from Singapore to Japan, while Sovico supports a direct connection.
The discussions highlight Southeast Asia’s growing demand for AI services and internet capacity, with Vietnam planning 10 new submarine cables by 2030. These cables are also a focal point in the ongoing US-China tech rivalry, with the United States lobbying against the involvement of Chinese contractors, citing security concerns. US officials have reportedly briefed Sovico and other stakeholders on the risks of working with China’s HMN Technologies.
Vietnam, with a rapidly growing digital economy and a population nearing 100 million, currently relies on five undersea cable branches for global connectivity. Expanding its cable infrastructure is seen as key to establishing itself as a regional data hub, despite challenges like power shortages and stringent data regulations. Keppel and Sovico’s efforts, along with other planned projects, signal significant investment in the region’s digital future.
Russia has the potential to improve its global AI standing by 2030, bolstered by local talent and the development of its own generative AI models, according to Alexander Vedyakhin, the first deputy CEO of Sberbank. Speaking at the bank’s AI Journey conference, Vedyakhin highlighted the resilience of Russian developers in navigating Western sanctions, which aimed to limit the country’s computing resources. He emphasised the importance of fostering experimentation to maintain progress in AI.
Although Russia currently trails the US and China in AI innovation by six to nine months, Vedyakhin is optimistic about closing the gap. Instead of building massive data centres, Russia is focusing on smart AI models tailored to its market, similar to Meta’s Llama. These efforts, he said, will ensure technological sovereignty, especially as generative AI gains global importance. For example, Russian language models address local cultural contexts better than English-trained systems, avoiding misunderstandings like misinterpreting cultural dishes.
President Vladimir Putin also underscored the strategic significance of AI, announcing plans to collaborate with BRICS countries to challenge US dominance. Vedyakhin added that while Europe and China face setbacks due to overregulation, Russia’s supportive regulatory environment could be a competitive advantage. Encouraging investment in AI startups and allowing for innovation without severe penalties for mistakes are key to advancing the sector.
Despite a broader decline in venture capital investment in Russia, funding for AI startups continues to grow, hinting at a more diversified market. Vedyakhin also suggested that decentralised autonomous organizations (DAOs), powered by blockchain, could address labour shortages, paving the way for Russia to strengthen its AI ecosystem in the years ahead.
Lawmakers have called for urgent measures to strengthen US telecommunications security following a massive cyberattack linked to China. The hacking campaign, referred to as Salt Typhoon, targeted American telecom companies, compromising vast amounts of metadata and call records. Federal agencies have briefed Congress on the incident, which officials say could be the largest telecom breach in US history.
Senator Ben Ray Luján described the hack as a wake-up call, urging the full implementation of federal recommendations to secure networks. Senator Ted Cruz warned of future threats, emphasising the need to close vulnerabilities in critical infrastructure. Debate also surfaced over the role of offensive cybersecurity measures, with Senator Dan Sullivan questioning whether deterrence efforts are adequate.
The White House reported that at least eight telecommunications firms were affected, with significant data theft. In response, Federal Communications Commission Chairwoman Jessica Rosenworcel proposed annual cybersecurity certifications for telecom companies. Efforts to replace insecure Chinese-made equipment in US networks continue, but funding shortfalls have hampered progress.
China has dismissed the allegations, claiming opposition to all forms of cybercrime. However, US officials have cited evidence of data theft involving companies like Verizon, AT&T, and Lumen. Congress is set to vote on a defence bill allocating $3.1 billion to remove and replace vulnerable telecom hardware.
A California court has ordered five individuals to pay over $5 million for their roles in the IcomTech Ponzi scheme. Between 2018 and 2019, the scheme defrauded investors through a fake Bitcoin trading platform. IcomTech promised 100% returns every six weeks, ultimately misappropriating $8.4 million of victims’ funds.
The group, led by founder David Carmona, lured over 190 investors with lavish expos and false claims of wealth. The court found them guilty of violating the Commodity Exchange Act and Commodity Futures Trading Commission (CFTC) regulations. Each was fined $1 million and banned from trading in CFTC-regulated markets.
In addition to financial penalties, the individuals received prison sentences ranging from five to ten years. The CFTC emphasised the importance of protecting investors from such schemes, urging vigilance in the cryptocurrency sector.
The Australian Federal Police (AFP) is increasingly turning to AI to handle the vast amounts of data it encounters during investigations. With investigations involving up to 40 terabytes of data on average, AI has become essential in sifting through information from sources like seized phones, child exploitation referrals, and cyber incidents. Benjamin Lamont, AFP’s manager for technology strategy, emphasised the need for AI, given the overwhelming scale of data, stating that AI is crucial to help manage cases, including reviewing massive amounts of video footage and emails.
The AFP is also working on custom AI solutions, including tools for structuring large datasets and identifying potential criminal activity from old mobile phones. One such dataset is a staggering 10 petabytes, while individual phones can hold up to 1 terabyte of data. Lamont pointed out that AI plays a crucial role in making these files easier for officers to process, which would otherwise be an impossible task for human investigators alone. The AFP is also developing AI systems to detect deepfake images and protect officers from graphic content by summarising or modifying such material before it’s viewed.
While the AFP has faced criticism over its use of AI, particularly for using Clearview AI for facial recognition, Lamont acknowledged the need for continuous ethical oversight. The AFP has implemented a responsible technology committee to ensure AI use remains ethical, emphasising the importance of transparency and human oversight in AI-driven decisions.
Google has announced a $20 billion partnership with Intersect Power and TPG Rise Climate to build renewable energy projects, battery storage, and grid upgrades for its data centres. The initiative includes wind, solar, and battery storage facilities, each paired with 1-gigawatt-scale data centres to meet growing energy demands for AI technology. The first phase is expected to be operational by 2026.
The plan aims to address grid bottlenecks, with Google funding required upgrades to accelerate connectivity. This strategy highlights renewables’ speed over nuclear options, which have longer timelines for implementation.
Industry experts predict a shortfall in energy for AI-focused data centres by 2027, underscoring the urgency for alternative power sources. While Google also invests in nuclear energy projects, renewables are expected to dominate in the near term.
TikTok‘s Canadian branch has filed an emergency motion with the country’s Federal Court to review a government order requiring it to cease operations due to national security concerns. The company, owned by China’s ByteDance, is challenging the December 5 order and seeking either its annulment or a return to the government for further review. The motion argues that shutting down TikTok’s Canadian operations could result in significant job losses.
The legal challenge comes after Canada began investigating TikTok’s plans to expand its business in the country last year. The investigation led to last month’s order, which did not block Canadian access to the app but mandated the company’s exit from the Canadian market. TikTok emphasised the importance of maintaining a local presence for its platform in Canada, where it has over 14 million monthly users.
Under Canadian law, the government can assess foreign investments’ risks to national security, though details of the investigations are kept confidential. The case follows similar actions in the US, where the government has pressured ByteDance to sell TikTok’s US assets by January 2025 or face a ban. TikTok is currently seeking a temporary block on this US law as well.
Chinese drone manufacturers DJI and Autel Robotics face potential bans in the US under a proposed military bill. The legislation requires a national security review within a year to assess risks posed by their drones. If no review occurs, the companies will automatically join the Federal Communications Commission’s ‘Covered List,’ effectively blocking the sale of new models.
DJI, the world’s largest drone producer, claims the process is unfair, citing extensive security audits and enhanced privacy features. Autel Robotics, also impacted by the proposal, has previously been flagged for investigation over national security concerns.
US lawmakers remain concerned about potential surveillance risks and data vulnerabilities linked to Chinese drones. DJI has refuted these claims, emphasising that no forced labour is involved in its production, despite customs citing related concerns to block imports.
The controversy reflects escalating tensions in US-China relations, particularly in technology and national security domains. The outcome of the proposed bill could reshape the landscape of the commercial drone market in the United States.
US government agencies are set to brief the House of Representatives on a widespread cyberespionage campaign allegedly linked to China. Known as Salt Typhoon, the operation reportedly targeted American telecommunications firms to steal call metadata and other sensitive information. A similar briefing was held for senators last week.
The White House revealed that at least eight US telecom companies had been affected, with a large number of citizens’ data compromised. Senator Ron Wyden is drafting legislation in response, while Senator Bob Casey expressed significant concern, noting that legislative action might be delayed until the new year.
On Wednesday, a Senate Commerce subcommittee will examine the broader risks posed by cyber threats to communication networks. Industry representatives, including Competitive Carriers Association CEO Tim Donovan, will contribute insights on best practices to counter such attacks.
China has denied the allegations, labelling them as disinformation, and reaffirmed its opposition to cyber theft. Officials and lawmakers continue to emphasise the gravity of the breaches, with Senator Richard Blumenthal calling the scale of Chinese hacking efforts ‘terrifying.’
TikTok and its parent company, ByteDance, have filed an emergency motion with a federal appeals court to temporarily halt a US law that would force ByteDance to sell TikTok by 19 January or face a nationwide ban. The companies argue that without the delay, the popular app could shut down in the US, affecting 170 million monthly users and numerous businesses reliant on the platform.
The motion follows a decision by an appeals court panel upholding the divestment requirement. TikTok’s lawyers assert the Supreme Court should have time to review the case and highlight President-elect Donald Trump’s stated intention to prevent the ban. The incoming administration, they argue, could reconsider the law and render the case moot.
The law granting the US government authority to ban foreign-owned apps over data security concerns has faced criticism, with TikTok warning the decision could disrupt services globally. As the January deadline looms, ByteDance faces challenges in demonstrating sufficient progress toward a divestment to secure an extension, even as political and legal battles intensify.
