IndiaAI has issued an urgent advisory warning of a phishing campaign targeting attendees of the India AI Impact Summit 2026. Fraudulent SMS and WhatsApp messages claim refunds are pending and request sensitive financial details.
Organisers said the messages are not official and have not been authorised. Recipients are being urged to click links and provide full card numbers, WhatsApp numbers, and other contact information to ‘process’ refunds.
IndiaAI advised participants not to click suspicious links or share personal or banking information with unverified sources. Attendees in India are encouraged to delete such messages immediately and block the sender’s number.
Anyone who may have submitted details through a suspicious link should contact their bank without delay to secure their accounts. Organisers stressed that event-related communication will only be shared through official channels.
The advisory was issued under the AI Impact Summit 2026 banner, themed ‘Welfare for All | Happiness of All’, as authorities seek to prevent financial fraud linked to the high-profile gathering.
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The Global Partnership on Artificial Intelligence (GPAI), a multilateral initiative hosted by the OECD and launched by the G7, has officially welcomed Saudi Arabia as a new member. The move reflects the Kingdom’s commitment to shaping global AI governance and ethical technology use.
Accession is led by the Saudi Data and Artificial Intelligence Authority and supported by Crown Prince Mohammed bin Salman. Joining GPAI aligns with Vision 2030, which aims to localise advanced technologies and boost the digital economy’s contribution to GDP.
Through membership in GPAI, which unites over 40 countries, Saudi Arabia will help establish international AI standards, promote human-centric and responsible AI development, and strengthen global cooperation in the sector.
Officials also anticipate that the move will attract high-quality international investment, leveraging the Kingdom’s expanding regulatory framework and growing AI and data ecosystem.
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The German banking giant has applied for a digital asset custody licence from BaFin, marking a significant step in its expansion into cryptocurrency services. The move positions Deutsche Bank to offer safekeeping solutions for clients seeking exposure to digital assets.
Plans form part of a broader strategy to build a dedicated digital assets division, according to David Lynne, a commercial banking executive. DWS Group’s initiatives highlight rising institutional interest in crypto partnerships in Germany.
Previous experimentation includes a tokenised investment platform developed in Singapore with Memento Blockchain, enabling access to digital asset funds through fiat on-ramps.
Activity mirrors wider domestic momentum, as Deutsche WertpapierService Bank has already launched crypto infrastructure linking traditional and digital accounts.
Regulatory clarity and growing client demand appear to be key drivers, with Deutsche Bank signalling a cautious yet deliberate approach to integrating cryptocurrencies into its mainstream banking services.
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Nokia and KDDI Corporation demonstrated quantum-safe optical transport at Sakai Data Center, supporting advanced AI workloads. The network aims to deliver secure, uninterrupted data transfer while protecting sensitive AI operations.
The demonstration showcases KDDI’s scalable AI-ready infrastructure for real-time training, inference, and analytics. Quantum-safe encryption and resilient transport protect customer data and critical infrastructure across Japan’s distributed data centres.
Using Nokia’s 1830 Photonic Service Switch (PSS) and 1830 Security Management Server (SMS), the partners validated high-capacity, secure optical connectivity. The solution delivers privacy, reliability, and fast quantum-safe encryption for modern AI workloads.
Executives from both companies emphasised the importance of secure, scalable networks in enabling AI-driven services. Nokia and KDDI will continue advancing quantum-safe data centre connectivity, supporting Japan’s digital infrastructure and key enterprise applications.
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A Chinese research team has developed an AI-powered system, DeepRare, to diagnose rare diseases with unprecedented accuracy.
The project, led by Shenhua Hospital and the university’s School of Artificial Intelligence, has already attracted over 1,000 specialised users from more than 600 medical and research institutions worldwide.
Tests show DeepRare achieves 57.18 percent accuracy using only clinical data, marking a 24-point improvement over previous models. Including genetic data raises accuracy above 70 percent, showing potential to improve diagnosis in areas without advanced testing.
The system draws on an extensive knowledge base of medical literature and real-world cases. Its cycle of hypothesis, validation, and self-review boosts reliability and fills reasoning gaps, surpassing the limits of traditional AI models.
By enhancing transparency and precision, DeepRare offers a practical tool for clinicians facing the persistent challenge of identifying rare diseases, potentially setting a new global standard for AI-assisted diagnostics.
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OpenClaw has introduced a firm community rule prohibiting any reference to Bitcoin or other cryptocurrencies on its Discord server, according to its creator, Peter Steinberger.
Enforcement drew attention after a user was removed for mentioning Bitcoin block height as a timing method in a benchmark, with the developer later offering to restore access.
The policy follows a rebrand scare when scammers hijacked old accounts to promote a fake Solana token. Market value spiked then plunged after Steinberger denied involvement, warning that no official token would be issued.
Rapid growth of the open-source project, which has attracted a large developer base within weeks of launch, contrasts with wider industry momentum linking AI agents and digital assets.
Leaders such as Jeremy Allaire of Circle argue stablecoins could become default payment rails for autonomous software, while Coinbase is already rolling out infrastructure enabling agents to transact on-chain.
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OpenAI chief Sam Altman has called for urgent global regulation of AI, speaking at the AI Impact Summit in New Delhi. Addressing leaders and executives in New Delhi, he said the rapid pace of development demands coordinated international oversight.
In New Delhi, Altman suggested creating a body similar to the International Atomic Energy Agency to oversee advanced AI systems. He warned that highly capable open source biomodels could pose serious biosecurity risks if misused.
Altman argued in New Delhi that democratising AI is essential to prevent power from being concentrated in a single company or country. He added that safeguards are urgently required, even as technology continues to disrupt labour markets.
During the summit in New Delhi, Altman said ChatGPT has 100 million weekly users in India, with more than a third being students. OpenAI also announced plans with Tata Consultancy Services to build data centre infrastructure in India.
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Swiss firm Procivis has secured a contract to deliver Lithuania’s end-to-end Digital Identity Wallet sandbox, supporting the country’s preparations under eIDAS 2.0. The project will establish a national testbed for digital ID use cases and interoperability across the European Union.
Selected by Lithuania’s digitalisation agency, Procivis will build a platform for public authorities and relying parties to test secure digital wallet use cases. The sandbox will validate readiness ahead of the EU’s 2027 digital identity wallet deadline.
The updated eIDAS 2.0 technical framework sets out how wallets will store and share trusted digital credentials and electronic identification. Governments and private organisations will be able to integrate services into the wallets, streamlining authentication, onboarding, and cross-border access.
Across Lithuania and the EU, testbeds and large-scale pilots have been central to turning regulatory requirements into interoperable infrastructure. Lithuania’s sandbox will also support activities under the EU’s LSP Aptitude consortium, which is testing cross-sector digital identity solutions.
Procivis said the collaboration aims to accelerate practical validation while ensuring compliance with European standards on security, interoperability, and data protection. The company stated that supporting a timely, budget-aligned implementation of eIDAS 2.0 remains central to its mission.
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Reddit has begun testing an AI-powered shopping search tool with a limited group of users in the US. Search queries for product ideas now generate interactive carousels featuring prices, images and direct links to retailers.
Items appearing in the results are drawn from recommendations shared in posts and comments across the platform. Listings are connected to Reddit’s advertising and shopping partners, bringing community discussions closer to online purchasing.
Expansion into AI-led commerce builds on the company’s earlier launch of Dynamic Product Ads, designed to deliver personalised suggestions. Closer integration of search and shopping signals a broader effort to strengthen digital revenue streams.
Chief executive Steve Huffman recently described AI search as a significant business opportunity beyond product development alone. Weekly search users increased from 60 million to 80 million over the past year, while engagement with the AI-powered Reddit Answers tool rose sharply throughout 2025.
Developments place Reddit alongside other technology platforms investing in AI-driven retail features. Growing user engagement suggests the company sees search as central to its future commercial strategy.
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A new AI video model developed by ByteDance has unsettled Hollywood after generating cinema-quality clips from brief text prompts. Seedance 2.0, launched in 2025, went viral for producing realistic action scenes featuring western cinematic characters such as Spider Man and Deadpool.
In response, major studios, including Disney and Paramount, issued cease and desist letters over alleged copyright infringement. Japan has also begun investigating ByteDance after AI-generated anime videos spread widely online.
Industry experts say Seedance 2.0 stands out for combining text, visuals and audio within a single system. Analysts in Singapore and Melbourne argue that Chinese AI models are now matching US competitors at the technological frontier.
As Seedance 2.0 gains traction, Beijing continues to prioritise AI and robotics in its economic strategy. The rise of tools from China has intensified debate in the US and beyond over copyright, regulation and the future of creative work.
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