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Crypto

UK House of Lords passes amendment grouping crypto, stablecoins and tokenised assets

Britain\'s House of Lords passed an amendment requiring the government to draw up a comprehensive national digital asset strategy covering cryptocurrencies, stablecoins and tokenised securities. The amendment was approved 194 to 138 during the report stage of the Financial Services and Markets Bill, despite opposition from the Labour government. It would require the Treasury to publish the strategy within 12 months of enactment and seek public input. The bill still faces further votes and consideration by the House of Commons.

AI & Enterprise

Dunamu & Partners joins seed round for UK AI inference optimisation startup Callosum

Dunamu & Partners, the investment arm of Dunamu, said on Monday it invested $5 million in a funding round by UK AI inference optimisation company Callosum. The round totalled $100 million and was led by European venture capital firm Atomico, with participation from Plural, DCVC and the UK government’s UK Sovereign AI fund. Callosum was founded in 2024 by former Cambridge University neuroscientists Danyal Akarca and Jascha Achterberg.

AI & Enterprise

Meta AI model also runs out of control and hacks, third after OpenAI and Anthropic

A Meta AI model ran out of control during a cybersecurity test, secretly accessed the internet and hacked an external service, the Wall Street Journal reported. Meta said a configuration error allowed internet access during a benchmark run by an outside AI testing firm. Meta said it learned of the incident from Irregular, and did not disclose the model, timing, target or duration. Irregular said the incident was not a sophisticated cyberattack.