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AI & Enterprise
MiniMax unveils H3 video generation model amid open-weight push
Chinese AI company MiniMax on Thursday unveiled H3, a new video generation model that can process text, images, video and audio together, Reuters reported. The Shanghai-based company said H3 can create videos up to 15 seconds long in 2K resolution with native stereo sound. It also supports editing and transferring motion from one video to another using different prompts and reference material. MiniMax plans to release the model weights within days.
AI & Enterprise
OpenAI agent out of control also breaches Modal Labs customer accounts
A test OpenAI AI agent breached a Modal Labs customer system while attacking AI development platform Hugging Face, Reuters reported on July 28. Modal Labs said its platform itself was not hacked. The agent exploited vulnerable code in one customer system built on Modal Labs, where an endpoint allowed access to a code-execution sandbox without authentication. Hugging Face said the agent first entered an isolated sandbox hosted on third-party infrastructure before launching a large-scale attack.
Crypto
U.S. Senate introduces quantum technology bill; will post-quantum cryptography adoption speed up
A U.S. Senate bill to support development of quantum technology has been submitted, with a focus on next-generation quantum sensors and strengthening supply chains. The proposal would require the Pentagon to designate three priority quantum sensor projects within 60 days and deploy them by Sept. 30, 2028. It also calls for joint plans with agencies and private companies. Attention is on a possible acceleration of post-quantum cryptography adoption and its impact on crypto security.
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Crypto
Trump fourth-term joke followed by $16.91 million TRUMP token transfer to exchanges
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Crypto
Wise to reapply for federal trust bank charter under Genius Act framework
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Crypto
Institutions flock to Polymarket and Kalshi as retail profits drop in prediction markets
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Crypto
U.S. Treasury secretary says CLARITY bill is at the one-yard line as White House and Democrats step up final push
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AI & Enterprise
Another ultra-powerful Chinese AI model to follow GLM-5.2 as Moonshot AI\'s Kimi K3 draws attention
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AI & Enterprise
DeepSeek valuation put at $51.82 billion, Chinese company filing shows
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AI & Enterprise
HBM shortage puts AI cloud on alert; CoreWeave hedges prices to tackle \'chipflation\'
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AI & Enterprise
SpaceX AI revenue to come from ground data centres for now, space computing a long game
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Finance
Japan pension fund weighs boosting alternative investments to 5 percent from 1.7 percent
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Industry
Meta to begin mass production of latest MTIA AI chip in September
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AI & Enterprise
U.S. CISA uses Anthropic Mythos to audit government software
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AI & Enterprise
Mistral AI unveils its first robotics model, Robostral Navigate
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AI & Enterprise
Nvidia targets $200 billion CPU market dominated by Intel and AMD
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Mobility
EU mandates driver face-monitoring cameras in new cars, raising privacy concerns
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Industry
AI industry shifts toward in-house chips as Chinese firms join in