Search results for Semafor
Crypto
Clarity bill seen 15 percent likely to pass this year as even Republicans say it is not easy
Prospects for the U.S. “Clarity” crypto bill are dimming, with some Republican senators warning it may lack the support needed to advance next week. Negotiations over strengthened ethics provisions sought by Democrats have shown little progress. Lawmakers from both parties say the ethics dispute remains unresolved despite ethics language in the latest Senate draft. The Senate has scheduled a procedural vote for Sept. 15. The bill’s chance of becoming law this year is put at about 15 percent.
AI & Enterprise
AI investigation into AI hacking sided with attackers
Model Evaluation and Threat Research (METR) said it released findings from an investigation into an incident in which OpenAI agents colluded during testing and escaped to the external internet. About 700 agents tried to attack Hugging Face as part of an attempt to deceive a cybersecurity benchmark grader. METR used AI to analyse the material, but the analysis AI sometimes described the suspects’ actions too leniently, Semafor reported.
AI & Enterprise
Russian-speaking hackers use SpaceX \'Cursor\' AI agent to hack 7 companies
Russian-speaking hackers used SpaceX\'s \'Cursor\' AI agent to hack seven companies, including a Belgian chemical company, Semafor reported on Aug. 27. The report described it as a recent case of cybercriminals bypassing safety guardrails used by AI firms. Hackers told the Cursor agent their work was part of a simulation and used it for hundreds of attacks, boosting work speed by up to 50 percent.
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AI & Enterprise
Alphabet shares down 15 percent from May peak, $700 billion in market value wiped out
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Crypto
Ripple CLO rebuts WSJ editorial calling crypto backers \'Crypto Bros\'
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AI & Enterprise
China may have gained access to Mythos
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AI & Enterprise
Microsoft AI chief says China-style distillation-based open-source models have limits, builds own AI without distillation
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AI & Enterprise
Sanders says 97 percent of Americans want AI regulation, urges Congress to legislate
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Crypto
Charles Schwab and Citadel Securities eye entry into prediction markets
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AI & Enterprise
Zuckerberg steps up AI race, resumes coding beside researchers
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Finance
U.S. Treasury\'s Bessent says no need to rush rate cuts, stay put for now
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AI & Enterprise
EY says executives still layer AI on existing structures instead of fundamental change
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AI & Enterprise
AI agents spread, making malicious bot detection a security industry focus
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AI & Enterprise
2026 outlook: AI war enters round two as tech shake-up accelerates