Report estimates $17 billion worth of bitcoin was stolen in 2025 alone —massive haul arises from impersonation tactics and the use of AI for scams

2025 saw the largest revenue generated through crypto scams to date with an estimated $17 billion stolen from victims worldwide.
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Beijing reportedly limiting H200 purchases to those with ‘special circumstances’ — sources suggest only university R&D labs can acquire Nvidia GPUs in China

After weeks of deliberation, sources suggest that China will only allow companies to purchase H200 GPUs for “special circumstances,” although Beijing has yet to define exactly what that means.
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Qwen boss says Chinese AI models have ‘less than 20%’ chance of leapfrogging Western counterparts — despite China’s $1 billion AI IPO week, capital can’t close the gap alone

China’s AI sector made a splash this month as a cluster of domestic AI firms raised more than $1 billion through IPOs in Hong Kong.
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Deepseek research touts memory breakthrough, decoupling compute power and RAM pools to bypass GPU & HBM constraints — Engram conditional memory module commits static knowledge to system RAM

A new Deepseek whitepaper has outlined a new form of long-term memory for AI models, named Engram. Engram-based models are more performant than their MoE counterparts, and decouple compute power from system RAM pools to im…

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Microsoft to overhaul AI data center building with community-first approach — says it will ‘be a good neighbor’ to communities, cover energy cost increases, and replenish water

Microsoft’s five-point plan focuses on electricity use, water consumption, building local jobs and training people, investing in local infrastructure, and the long-term skills development of the community surrounding its A…

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Trump says that AI tech companies need to ‘pay their own way’ when it comes to their electricity consumption — says major changes are coming to ensure Americans don’t ‘pick up the tab’ for data centers

The U.S. President says that his team will work with various AI tech companies, starting with Microsoft, to ensure that their power demands will stop affecting the power prices that ordinary Americans pay for.
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Nvidia fires back at rumors it will require upfront payment from clients for H200 orders — company says that it ‘would never require customers to pay for products that they do not receive’

Nvidia refutes the claim from some sources that it’s requiring Chinese customers to pay for their H200 orders upfront while still awaiting final approval from Beijing.
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U.S. House passes bill to stop Chinese companies from accessing export-controlled American AI chips using offshore rental loophole — Remote Access Security Act effectively extends export controls to the cloud

The U.S. House of Representatives has passed a bipartisan bill, expanding U.S. export controls to stop China from using offshore data centers to access banned chips.
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Meta sets up ‘Meta Compute’ organization for gigawatt-scale AI data centers — initiative is said to consume hundreds of gigawatts over time

Meta establishes ‘Meta Compute’ organization to manage buildout of next-generation data centers and development of custom computing architectures that will power gigawatt-class data centers.
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Grok targeted in UK law over sexually-explicit AI image generation — UK will begin prosecuting illegal prompting this week

The UK is making it a crime to generate or request AI-made explicit content from this week, following the ban on sharing deepfakes. The region’s communications regulator, Ofcom, is also looking into Grok, investigating the…

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