Ireland and Australia deepen cooperation on online safety

Ireland’s online safety regulator has agreed a new partnership with Australia’s eSafety Commissioner to strengthen global approaches to digital harm. The Memorandum of Understanding (MoU) reinforces shared ambitions to improve online protection for children and adults.

The Irish and Australian plan to exchange data, expertise and methodological insights to advance safer digital platforms. Officials describe the arrangement as a way to enhance oversight of systems used to minimise harmful content and promote responsible design.

Leaders from both organisations emphasised the need for accountability across the tech sector. Their comments highlighted efforts to ensure that platforms embed user protection into their product architecture, rather than relying solely on reactive enforcement.

The MoU also opens avenues for collaborative policy development and joint work on education programs. Officials expect a deeper alignment around age assurance technologies and emerging regulatory challenges as online risks continue to evolve.

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UK government confirms crypto as protected personal property

A significant shift in property law has occurred in the United Kingdom, as digital assets are gaining formal recognition as personal property.

The Property Digital Assets Act has received Royal Assent, giving owners of cryptocurrency and non-fungible tokens clearer legal rights and stronger protection. Greater certainty over ownership aims to reduce disputes and strengthen trust in the sector.

The government aims to boost the country’s position as a global centre for legal innovation, rather than merely reacting to technological change. The new framework reassures fintech companies that England, Wales and Northern Ireland can support modern commercial activity.

As part of a wider growth plan, the change is expected to stimulate further investment in a legal services industry worth more than £ 40 billion annually.

Traditional law recognised only tangible items and legal rights, yet digital assets required distinct treatment.

The Act creates a new category, allowing certain digital assets to be treated like other property, including being inherited or recovered during bankruptcy. With cryptocurrency fraud on the rise, owners now have a more straightforward path to remedy when digital assets are stolen.

Legal certainty also simplifies commercial activity for firms handling crypto transactions. The move aligns digital assets with established forms of property rather than leaving them in an undefined space, which encourages adoption and reduces the likelihood of costly disagreements.

The government expects the new clarity to attract more businesses to the UK and reinforce the country’s role in shaping future digital regulation.

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NSA warns AI poses new risks for operational technology

The US National Security Agency (NSA), together with international partners including Australia’s ACSC, has issued guidance on the secure integration of AI into operational technology (OT).

The Principles for the Secure Integration of AI in OT warn that while AI can optimise critical infrastructure, it also introduces new risks for safety-critical environments. Although aimed at OT administrators, the guidance also highlights issues relevant to IT networks.

AI is increasingly deployed in sectors such as energy, water treatment, healthcare, and manufacturing to automate processes and enhance efficiency.

The NSA’s guidance, however, flags several potential threats, including adversarial prompt injection, data poisoning, AI drift, and reduced explainability, all of which can compromise safety and compliance.

Over-reliance on AI may also lead to human de-skilling, cognitive overload, and distraction, while AI hallucinations raise concerns about reliability in safety-critical settings.

Experts emphasise that AI cannot currently be trusted to make independent safety decisions in OT networks, where the margin for error is far smaller than in standard IT systems.

Sam Maesschalck, an OT engineer, noted that introducing AI without first addressing pre-existing infrastructure issues, such as insufficient data feeds or incomplete asset inventories, could undermine both security and operational efficiency.

The guidance aims to help organisations evaluate AI risks, clarify accountability, and prepare for potential misbehaviour, underlining the importance of careful planning before deploying AI in operationally critical environments.

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LLM shortcomings highlighted by Gary Marcus during industry debate

Gary Marcus argued at Axios’ AI+ Summit that large language models (LLMs) offer utility but fall short of the transformative claims made by their developers. He framed their fundamental role as groundwork for future artificial general intelligence. He suggested that meaningful capability shifts lie beyond today’s systems.

Marcus said alignment challenges stem from LLMs lacking robust world models and reliable constraints. He noted that models still hallucinate despite explicit instructions to avoid errors. He described current systems as an early rehearsal rather than a route to AGI.

Concerns raised included bias, misinformation, environmental impact and implications for education. Marcus also warned about the decline of online information quality as automated content spreads. He believes structural flaws make these issues persistent.

Industry momentum remains strong despite unresolved risks. Developers continue to push forward without clear explanations for model behaviour. Investment flows remain focused on the promise of AGI, despite timelines consistently shifting.

Strategic competition adds pressure, with the United States seeking to maintain an edge over China in advanced AI. Political signals reinforce the drive toward rapid development. Marcus argued that stronger frameworks are needed before systems scale further.

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Google drives health innovation through new EU AI initiative

At the European Health Summit in Brussels, Google presented new research suggesting that AI could help Europe overcome rising healthcare pressures.

The report, prepared by Implement Consulting Group for Google, argues that scientific productivity is improving again, rather than continuing a long period of stagnation. Early results already show shorter waiting times in emergency departments, offering practitioners more space to focus on patient needs.

Momentum at the Summit increased as Google announced new support for AI adoption in frontline care.

Five million dollars from Google.org will fund Bayes Impact to launch an EU-wide initiative known as ‘Impulse Healthcare’. The programme will allow nurses, doctors and administrators to design and test their own AI tools through an open-source platform.

By placing development in the hands of practitioners, the project aims to expand ideas that help staff reclaim valuable time during periods of growing demand.

Successful tools developed at a local level will be scaled across the EU, providing a path to more efficient workflows and enhanced patient care.

Google views these efforts as part of a broader push to rebuild capacity in Europe’s health systems.

AI-assisted solutions may reduce administrative burdens, support strained workforces and guide decisions through faster, data-driven insights, strengthening everyday clinical practice.

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ESMA could gain direct supervision over crypto firms

The European Commission has proposed giving the European Securities and Markets Authority (ESMA) expanded powers to oversee crypto and broader financial markets, aiming to close the regulatory gap with the United States.

The plan would give ESMA direct supervision of crypto service providers, trading venues, and central counterparties, while boosting its role in asset management coordination. Approval from the European Parliament and the Council is still required.

Calls for stronger oversight have grown following concerns over lenient national regimes, including Malta’s crypto licensing system. France, Austria, and Italy have called for ESMA to directly oversee major crypto firms, with France threatening to block cross-border licence passporting.

Revisions to the Markets in Crypto-Assets Regulation (MiCA) are also under discussion, with proposals for stricter rules on offshore crypto activities, improved cybersecurity oversight, and tighter regulations for token offerings.

Experts warn that centralising ESMA supervision may slow innovation, especially for smaller crypto and fintech startups reliant on national regulators. ESMA would need significant resources for the expanded mandate, which could slow decision-making across the EU.

The proposal aims to boost EU capital market competitiveness and increase wealth for citizens. EU stock exchanges currently account for just 73% of the bloc’s GDP, compared with 270% in the US, highlighting the need for a more integrated regulatory framework.

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OpenAI launches nationwide AI initiative in Australia

OpenAI has launched OpenAI for Australia, a nationwide initiative to unlock the economic and societal benefits of AI. The program aims to support sovereign AI infrastructure, upskill Australians, and accelerate the country’s local AI ecosystem.

CEO Sam Altman highlighted Australia’s deep technical talent and strong institutions as key factors in becoming a global leader in AI.

A significant partnership with NEXTDC will see the development of a next-generation hyperscale AI campus and large GPU supercluster at Sydney’s Eastern Creek S7 site.

The project is expected to create thousands of jobs, boost local supplier opportunities, strengthen STEM and AI skills, and provide sovereign compute capacity for critical workloads.

OpenAI will also upskill more than 1.2 million Australians in collaboration with CommBank, Coles and Wesfarmers. OpenAI Academy will provide tailored modules to give workers and small business owners practical AI skills for confident daily use.

The nationwide rollout of courses is scheduled to begin in 2026.

OpenAI is launching its first Australian start-up program with local venture capital firms Blackbird, Square Peg, and AirTree to support home-grown innovation. Start-ups will receive API credits, mentorship, workshops, and access to Founder Day to accelerate product development and scale AI solutions locally.

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EU partners with EIB to support AI gigafactories

The European Commission and the European Investment Bank Group (EIB) have signed a memorandum of understanding to support the development of AI Gigafactories across the EU. The partnership aims to position Europe as a leading AI hub by accelerating financing and the construction of large-scale AI facilities.

The agreement establishes a framework to guide consortia responding to the Commission’s informal Call for Expression of Interest. EIB advisory support will help turn proposals into bankable projects for the 2026 AI Gigafactory call, with possible co-financing.

The initiative builds on InvestAI, announced in February 2025, mobilising €20 billion to support up to five AI Gigafactories. These facilities will boost Europe’s computing infrastructure, reinforce technological sovereignty, and drive innovation across the continent.

By translating Europe’s AI ambitions into concrete, large-scale projects, the Commission and the EIB aim to position the EU as a global leader in next-generation AI, while fostering investment and industrial growth.

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€700 million crypto fraud network spanning Europe broken up

Authorities have broken an extensive cryptocurrency fraud and money laundering network that moved over EUR 700 million after years of international investigation.

The operation began with an investigation into a single fraudulent cryptocurrency platform and eventually uncovered an extensive network of fake investment schemes targeting thousands of victims.

Victims were drawn in by fake ads promising high returns and pressured via criminal call centres to pay more. Transferred funds were stolen and laundered across blockchains and exchanges, exposing a highly organised operation across Europe and beyond.

Police raids across Cyprus, Germany, and Spain in late October 2025 resulted in nine arrests and the seizure of millions in assets, including bank deposits, cryptocurrencies, cash, digital devices, and luxury watches.

Europol and Eurojust coordinated the cross-border operation with national authorities from France, Belgium, Germany, Spain, Malta, Cyprus, and other nations.

The second phase, executed in November, targeted the affiliate marketing infrastructure behind fraudulent online advertising, including deepfake campaigns impersonating celebrities and media outlets.

Law enforcement teams in Belgium, Bulgaria, Germany, and Israel conducted searches, dismantling key elements of the scam ecosystem. Investigations continue to track down remaining assets and dismantle the broader network.

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Russia blocks Snapchat and FaceTime access

Russia’s state communications watchdog has intensified its campaign against major foreign platforms by blocking Snapchat and restricting FaceTime calls.

The move follows earlier reports of disrupted Apple services inside the country, while users could still connect through VPNs instead of relying on direct access. Roskomnadzor accused Snapchat of enabling criminal activity and repeated earlier claims targeting Apple’s service.

A decision that marks the authorities’ first formal confirmation of limits on both platforms. It arrives as pressure increases on WhatsApp, which remains Russia’s most popular messenger, with officials warning that a whole block is possible.

Meta is accused of failing to meet data-localisation rules and of what the authorities describe as repeated violations linked to terrorism and fraud.

Digital rights groups argue that technical restrictions are designed to push citizens toward Max, a government-backed messenger that activists say grants officials sweeping access to private conversations, rather than protecting user privacy.

These measures coincide with wider crackdowns, including the recent blocking of the Roblox gaming platform over allegations of extremist content and harmful influence on children.

The tightening of controls reflects a broader effort to regulate online communication as Russia seeks stronger oversight of digital platforms. The latest blocks add further uncertainty for millions of users who depend on familiar services instead of switching to state-supported alternatives.

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