Japan boosts Rapidus with major semiconductor funding

Japan will inject more than one trillion yen (approximately 5.5 billion €) into chipmaker Rapidus between 2026 and 2027. The plan aims to fortify national economic security by rebuilding domestic semiconductor capacity after decades of reliance on overseas suppliers.

Rapidus intends to begin producing 2-nanometre chips in late 2027 as global demand for faster, AI-ready components surges. The firm expects overall investment to reach seven trillion yen and hopes to list publicly around 2031.

Japanese government support includes large subsidies and direct investment that add to earlier multi-year commitments. Private contributors, including Toyota and Sony, previously backed the venture, which was founded in 2022 to revive Japan’s cutting-edge chip ambitions.

Officials argue that advanced production is vital for technological competitiveness and future resilience. Critics to this investment note that there are steep costs and high risks, yet policymakers view the Rapidus investment as crucial to keeping pace with technological advancements.

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Nvidia’s results fail to ease AI bubble fears

Record profits and year-on-year revenue growth above 60 percent have put Nvidia at the centre of debate over whether the surge in AI spending signals a bubble or a long-term boom.

CEO Jensen Huang and CFO Colette Kress dismissed concerns about the bubble, highlighting strong demand and expectations of around $65 billion in revenue for the next quarter.

Executives forecast global AI infrastructure spending could reach $3–4 trillion annually by the end of the decade as both generative AI and traditional cloud computing workloads increasingly run on GPUs.

Widespread adoption by major partners, including Meta, Anthropic and Salesforce, suggests lasting momentum rather than short-term hype.

Analysts generally agree that Nvidia’s performance remains robust, but questions persist over the sustainability of heavy investment in AI. Investors continue to monitor whether Big Tech can maintain this pace and if highly leveraged customers might expose Nvidia to future risks.

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India confronts rising deepfake abuse as AI tools spread

Deepfake abuse is accelerating across India as AI tools make it easy to fabricate convincing videos and images. Researchers warn that manipulated media now fuels fraud, political disinformation and targeted harassment. Public awareness often lags behind the pace of generative technology.

Recent cases involving Ranveer Singh and Aamir Khan showed how synthetic political endorsements can spread rapidly online. Investigators say cloned voices and fabricated footage circulated widely during election periods. Rights groups warn that such incidents undermine trust in media and public institutions.

Women face rising risks from non-consensual deepfakes used for harassment, blackmail and intimidation. Cases involving Rashmika Mandanna and Girija Oak intensified calls for stronger protections. Victims report significant emotional harm as edited images spread online.

Security analysts warn that deepfakes pose growing risks to privacy, dignity and personal safety. Users can watch for cues such as uneven lighting, distorted edges, or overly clean audio. Experts also advise limiting the sharing of media and using strong passwords and privacy controls.

Digital safety groups urge people to avoid engaging with manipulated content and to report suspected abuse promptly. Awareness and early detection remain critical as cases continue to rise. Policymakers are being encouraged to expand safeguards and invest in public education on emerging risks associated with AI.

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Ireland confronts rising energy strain from data centres

Ireland faces mounting pressure over soaring electricity use from data centres clustered around Dublin. Facilities powering global tech giants have grown into a major energy consumer, accounting for over a fifth of national demand.

The load could reach 30 percent by 2030 as expanding cloud and AI services drive further growth. Analysts warn that rising consumption threatens climate commitments and places significant strain on grid stability.

Campaigners argue that data centres monopolise renewable capacity while pushing Ireland towards potential EU emissions penalties. Some local authorities have already blocked developments due to insufficient grid capacity and limited on-site green generation.

Sector leaders fear stalled projects and uncertain policy may undermine Ireland’s role as a digital hub. Investment risks remain high unless upgrades, clearer rules and balanced planning reduce the pressure on national infrastructure.

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Waymo wins regulatory green light to expand robotaxi reach in Bay Area and SoCal

Waymo has received regulatory approval from the California Department of Motor Vehicles to deploy its fully autonomous vehicles across significantly more territory.

In the Bay Area, the newly permitted regions include much of the East Bay, the North Bay (including Napa), and the Sacramento area. In Southern California, Waymo’s newly approved zone stretches from Santa Clarita down to San Diego.

While this approval allows for driverless operation, Waymo still requires additional regulatory clearances before it can begin carrying paying passengers in certain parts of the expansion area. The company says it plans to start welcoming riders in San Diego by mid-2026.

From a policy and urban mobility perspective, this marks a significant milestone for Waymo, laying the groundwork for a truly statewide robotaxi network. It will be essential to monitor how this expansion interacts with local transit planning, safety regulation, and infrastructure demands.

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US warns of rising senior health fraud as AI lifts scam sophistication

AI-driven fraud schemes are on the rise across the US health system, exposing older adults to increasing financial and personal risks. Officials say tens of billions in losses have already been uncovered this year. High medical use and limited digital literacy leave seniors particularly vulnerable.

Criminals rely on schemes such as phantom billing, upcoding and identity theft using Medicare numbers. Fraud spans home health, hospice care and medical equipment services. Authorities warn that the ageing population will deepen exposure and increase long-term harm.

AI has made scams harder to detect by enabling cloned voices, deepfakes and convincing documents. The tools help impersonate providers and personalise attacks at scale. Even cautious seniors may struggle to recognise false calls or messages.

Investigators are also using AI to counter fraud by spotting abnormal billing, scanning records for inconsistencies and flagging high-risk providers. Cross-checking data across clinics and pharmacies helps identify duplicate claims. Automated prompts can alert users to suspicious contacts.

Experts urge seniors to monitor statements, ignore unsolicited calls and avoid clicking unfamiliar links. They should verify official numbers, protect Medicare details and use strong login security. Suspicious activity should be reported to Medicare or to local fraud response teams.

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EU approves funding for a new Onsemi semiconductor facility in the Czech Republic

The European Commission has approved €450 million in Czech support for a new integrated Onsemi semiconductor facility in Rožnov pod Radhoštěm.

A project that will help strengthen Europe’s technological autonomy by advancing Silicon Carbide power device production instead of relying on non-European manufacturing.

The Czech Republic plans to back a €1.64 billion investment that will create the first EU facility covering every stage from crystal growth to finished components. These products will be central to electric vehicles, fast charging systems and renewable energy technologies.

Onsemi has agreed to contribute new skills programmes, support the development of next-generation 200 mm SiC technology and follow priority-rated orders in future supply shortages.

The Commission reviewed the measure under Article 107(3)(c) of the Treaty on the Functioning of the EU and concluded that the aid is necessary, proportionate and limited to the minimum required to trigger the investment.

In a scheme that addresses a segment of the semiconductor market where the EU lacks sufficient supply, which improves resilience rather than distorts competition.

The facility is expected to begin commercial activity by 2027 and will support the wider European semiconductor ecosystem.

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Spain opens inquiry into Meta over privacy concerns

Prime Minister of Spain, Pedro Sánchez, has announced that an investigation will be launched against Meta following concerns over a possible large-scale violation of user privacy.

The company will be required to explain its conduct before the parliamentary committee on economy, trade and digital transformation instead of continuing to handle the issue privately.

Several research centres in Spain, Belgium and the Netherlands uncovered a concealed tracking tool used on Android devices for almost a year.

Their findings showed that web browsing data had been linked to identities on Facebook and Instagram even when users relied on incognito mode or a VPN.

The practice may have contravened key European rules such as the GDPR, the ePrivacy Directive, the Digital Markets Act and the Digital Services Act, while class action lawsuits are already underway in Germany, the US and Canada.

Pedro Sánchez explained that the investigation aims to clarify events, demand accountability from company leadership and defend any fundamental rights that might have been undermined.

He stressed that the law in Spain prevails over algorithms, platforms or corporate size, and those who infringe on rights will face consequences.

The prime minister also revealed a package of upcoming measures to counter four major threats in the digital environment. A plan that focuses on disinformation, child protection, hate speech and privacy defence instead of reactive or fragmented actions.

He argued that social media offers value yet has evolved into a space shaped by profit over well-being, where engagement incentives overshadow rights. He concluded that the sector needs to be rebuilt to restore social cohesion and democratic resilience.

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Twitch is classified as age-restricted by the Australian regulator

Australia’s online safety regulator has moved to classify Twitch as an age-restricted social media platform after ruling that the service is centred on user interaction through livestreamed content.

The decision means Twitch must take reasonable steps to stop children under sixteen from creating accounts from 10 December instead of relying on its own internal checks.

Pinterest has been treated differently after eSafety found that its main purpose is image collection and idea curation instead of social interaction.

As a result, the platform will not be required to follow age-restriction rules. The regulator stressed that the courts hold the final say on whether a service is age-restricted. Yet, the assessments were carried out to support families and industry ahead of the December deadline.

The ruling places Twitch alongside earlier named platforms such as Facebook, Instagram, Kick, Reddit, Snapchat, Threads, TikTok, X and YouTube.

eSafety expects all companies operating in Australia to examine their legal responsibilities and has provided a self assessment tool to guide platforms that may fall under the social media minimum age requirements.

eSafety confirmed that assessments have been completed in stages to offer timely advice while reviews were still underway. The regulator added that no further assessments will be released before 10 December as preparations for compliance continue across the sector.

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Under-16s face new online restrictions as Malaysia tightens oversight

Malaysia plans to introduce a ban on social media accounts for people under 16 starting in 2026, becoming the latest country to push stricter digital age limits for children. Communications Minister Fahmi Fadzil said the government aims to better protect minors from cyberbullying, online scams and sexual exploitation.

Authorities are reviewing verification methods used abroad, including electronic age checks through national ID cards or passports, though an exact enforcement date has not yet been set.

The move follows new rules introduced earlier this year, which require major digital platforms in Malaysia to obtain a licence if they have more than eight million users. Licensed services must adopt age-verification tools, content-safety measures and clearer transparency standards, part of a wider effort to create a safer online environment for young people and families.

Australia, which passed the world’s first nationwide ban on social media accounts for children under 16, is serving as a key reference point for Malaysia’s plans. The Australian law takes effect on 10 December and imposes heavy fines on platforms like Facebook, TikTok, Instagram, X and YouTube if they fail to prevent underage users from signing up.

The move has drawn global attention as governments grapple with the impact of social media on young audiences. Similar proposals are emerging elsewhere in Europe.

Denmark has recently announced its intention to block social media access for children under 15, while Norway is advancing legislation that would introduce a minimum age of 15 for opening social media accounts. Countries adopting such measures say stricter age limits are increasingly necessary to address growing concerns about online safety and the well-being of children.

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