Nvidia has refuted social media claims suggesting it plans to limit chip supplies to China, categorically stating that these rumours are false. In a post on a popular Chinese platform, the company reaffirmed its dedication to providing top-quality products and services to Chinese customers, highlighting the importance of the region to its business.
The denial comes at a time of heightened scrutiny over global semiconductor trade, with geopolitical tensions influencing market dynamics. Nvidia’s statement emphasises its continued focus on meeting the needs of its Chinese clientele, despite speculation circulating online.
This clarification is expected to reassure stakeholders in one of Nvidia’s most significant markets, where demand for advanced chips continues to grow, particularly in artificial intelligence and high-performance computing sectors. The company’s swift dismissal of the claims underscores its commitment to maintaining strong ties with China.
Russian authorities have arrested over 300 individuals in Moscow during a major crackdown on an alleged international cryptocurrency scam ring. The Ministry of Internal Affairs revealed that the group operated several fraudulent call centres, using around 500 workstations to target victims in over 20 countries. The suspects reportedly persuaded individuals to invest in fake cryptocurrency platforms before disappearing with their funds.
Investigators believe the ring was tied to a broader international network led by Yegor Burkin, a fugitive associated with the Khimprom organised crime group, also known for drug smuggling activities. Police claimed that some stolen funds may have been used to support the Ukrainian Armed Forces, adding a geopolitical angle to the case.
Officials highlighted the increasing sophistication of crypto scams, with fraudsters using spoofed phone numbers, fake documents, and professional terminology to appear legitimate. The Ministry warned that such scams are on the rise, with many targeting foreign nationals and employing multilingual staff to reach victims worldwide.
Canadian startup Tenstorrent and South Korea’s BOS Semiconductors unveiled advanced AI chips designed for infotainment and autonomous driving systems. Growing demand for high-performance chips aligns with vehicles increasingly functioning as ‘computers on wheels’.
The AI chips are the first in the industry to feature ‘automotive chiplet AI accelerator’ technology, enabling modular customisation. Chiplets function like LEGO blocks, allowing manufacturers to tailor systems while cutting costs. BOS plans to debut its ‘Eagle-N’ chips at the Consumer Electronics Show in January, with production targeted for late 2026.
BOS Semiconductors is negotiating supply agreements with German automakers and aims to challenge established players like Qualcomm. The chips will utilise Samsung’s 5nm manufacturing process, showcasing advancements in efficiency and performance.
Tenstorrent, led by former Apple and Tesla chip designer Jim Keller, has secured backing from Hyundai Motor Group, Samsung, and Jeff Bezos’ family office. BOS founder Park Jae-hong, formerly of Samsung Electronics, emphasised the potential of this innovative technology to transform the automotive industry.
The United Nations has established a dedicated body to safeguard submarine cables, which transmit over 99% of global data, including emails, video streams, and government communications. The initiative aims to address the vulnerability of this critical infrastructure to natural disasters, accidents, and suspected acts of sabotage. Around 200 cable failures are reported annually, with incidents such as a 2022 tsunami cutting off the Pacific island of Tonga for a month.
The new body, comprising 40 experts from public and private sectors, will focus on ensuring cables are built and maintained with greater resilience. While its mandate does not extend to investigating potential sabotage, it seeks to expedite repairs and minimise disruptions. ITU Deputy Secretary-General Tomas Lamanauskas emphasised the importance of this effort, citing the impact cable failures have on economies and societies worldwide.
As cable disruptions become increasingly common, experts believe the UN’s efforts will help stabilise a crucial global network. A follow-up summit in Nigeria is planned for February, continuing discussions on enhancing undersea cable resilience and safeguarding international data flow.
Texas Attorney General Ken Paxton has initiated investigations into more than a dozen technology platforms over concerns about their privacy and safety practices for minors. The platforms under scrutiny include Character.AI, a startup specialising in AI chatbots, along with social media giants like Instagram, Reddit, and Discord.
The investigations aim to determine compliance with two key Texas laws designed to protect children online. The Securing Children Online through Parental Empowerment (SCOPE) Act prohibits digital service providers from sharing or selling minors’ personal information without parental consent and mandates privacy tools for parents. The Texas Data Privacy and Security Act (TDPSA) requires companies to obtain clear consent before collecting or using data from minors.
Concerns over the impact of social media on children have grown significantly. A Harvard study found that major platforms earned an estimated $11 billion in advertising revenue from users under 18 in 2022. Experts, including US Surgeon General Vivek Murthy, have highlighted risks such as poor sleep, body image issues, and low self-esteem among young users, particularly adolescent girls.
Paxton emphasised the importance of enforcing the state’s robust data privacy laws, putting tech companies on notice. While some platforms have introduced tools to enhance teen safety and parental controls, they have not yet commented on the ongoing probes.
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.
