Apple is looking to announce new access to its foundation models during WWDC June 9th. This arrangement will let developers integrate Apple Intelligence across their apps. Apple may be betting this is a way to help it catch up with its competitors in the AI space. https://www.theverge.com/news/670868/apple-intelligence-ai-third-party-developer-access-model #Apple #AI #LLMs #large_language_models #AppleIntelligence #WWDC

AI to decimate the Radiology profession - NOT so fast!

Predictions that AI would rapidly steal radiology jobs and/or replace radiologists has not really come to pass. The Mayo Clinic have begun using AI to sharpen images, automate routine tasks, identify medical abnormalities and predict disease. In essence, AI is serving as “a second set of eyes.” So far, AI is proving to be a powerful medical tool to increase efficiency and magnify human abilities, rather than take anyone’s job. https://www.nytimes.com/2025/05/14/technology/ai-jobs-radiologists-mayo-clinic.html?unlocked_article_code=1.HU8.6zJU.2tuUwyOt6Gqr&smid=url-share #AI #radiology #MayoClinic #Medicine #OpenAI #Anthropic #Radiologists

In today's RoboTaxi news!

1) Waymo gets approval to expand its robotaxi operations in San Francisco and San Jose. https://finance.yahoo.com/news/alphabets-waymo-gets-california-nod-000617229.html
2) Waymo has achieved 10M paid trips and is doing over 250,000 paid trips per week. https://www.cnbc.com/2025/05/20/waymo-ceo-tekedra-mawakana-10-million.html
3) Tesla is on track to release ~ 10 robotaxis in Austin TX by the "end of June". Cars will be geo-fenced and will be monitored remotely by Tesla employees. https://www.cnbc.com/2025/05/20/elon-musk-tesla-robotaxi.html #Tesla #Waymo #RoboTaxi #driverlesscars #Self_driving_vehicle

Unintended consequences or be careful for what you ask for?

Tesla Motors saw its brand reputation crater in the past year, according to a new Axios Harris Poll 100 survey. Tesla was in 8th place in the 2021 reputation ranking of America's 100 most visible companies and now is 95th. It placed dead last in "character," while placing near the bottom in areas like "ethics" and "citizenship." X is even worse ranking 98th, one sport ahead of Meta. https://www.axios.com/2025/05/20/axios-harris-poll-company-reputation-ranking #Brand #BrandReputation #Tesla #X #Meta #axios

NUCOR - May 13, the biggest steel manufacturer in the US filed an 8-K with the SEC reporting that a cybersecurity incident involving "unauthorized third party access to certain information technology systems" had occurred.

Read the 8-K here:https://www.sec.gov/Archives/edgar/data/73309/000119312525119311/d795264d8k.htm

NUCOR subsequently shut down a number of production operations and company also indicated that it is "implementing other containment, remediation, or recovery measures." https://www.theregister.com/2025/05/14/nucor_steel_attack/ #CyberSecurity #CyberAttack #NUCOR #SEC #Security

With all that Crypto comes personal security concerns! https://techcrunch.com/2025/05/18/crypto-elite-increasingly-worried-about-their-personal-safety/

Example: Teens kidnapped a man at gunpoint after he was returning from a crypto event in Las Vegas, before driving him an hour outside of the city and robbing him of $4 million in crypto and non-fungible tokens. https://cointelegraph.com/news/florida-teens-kidnap-crypto-entrepreneur-at-gunpoint-steal-4-m-in-crypto

#Crypto #CryptoTheft #Security #NFTs #Robbery #extortion #Bitcoin #Personalsafety #PrivateSecurity

Its Crypto Magic!

A NASDAQ-listed company with 8 employees, ZERO revenue, and claiming to be a TikTok e-commerce platform, magically finds $300M that it plans to use to purchase Bitcoin and the $Trump meme coin, per a SEC filing on May 11.

The company, GD Culture Group (GDC), operates a subsidiary in China, seems to be a front for an unnamed entity based in the British Virgin Islands who placed a private stock placement into GDC. https://cryptoslate.com/chinese-linked-firm-raises-300m-from-private-investor-to-buy-trump-memecoin/ #Bitcoin #TrumpCoin #MemeCoin #Crypto #China #Grift #Corruption #TikTok #Bribery

Big number! Android detects ~ 2B suspicious messages a month!

Google is expanding Scam Detection, AI powered tools that run locally on users’ devices and do not share data or message content with the company, to alert users to possible crypto scams, financial impersonation, gift card and prize scams. In real time.

Company claims “really positive impact” from using its machine learning systems to detect potential scam messages. https://www.wired.com/story/google-io-on-device-ai-scam-texts/ #Google #Android #Scams #AI #pigbutchering #Crypto #cryptoScams #ScamDetection #Fraud

21 countries, led by France and the UK, signed a non-binding Code of Practice to address the multiple challenges in regulating the use of spyware. The Code of Practice seeks to show action to advance regulation and accountability of the surveillance tech market conspicuously defined by misuse, egregious human rights violations and a lack of transparency.

But the code lacks hard legal standards for preventing spyware abuses and does not provide methods for accountability and remedies for victims of spyware abuses. https://www.justsecurity.org/113115/agreement-spyware-regulation-pall-mall-process/ #spyware #regulation #cybersecurity #surveillance #humanrights #accountability

Cisco claims it is helping to accelerate the entire quantum ecosystem with research in creating a "quantum network entanglement chip" that enables "instantaneous connection regardless of distance through quantum teleportation".

https://blogs.cisco.com/news/quantum-networking-how-cisco-is-accelerating-practical-quantum-computing #Cisco #QuantumComputing #NetworkEntanglementChip #Networking #quantumnetworking

58 winners vs. 764,000 losers.

58 crypto wallets made more than $10 million apiece, totaling roughly $1.1B in gains on the $TRUMP meme coin.

764,000 wallets that purchased the meme coin have lost money.

https://www.cnbc.com/2025/05/06/trump-meme-coin-crypto.html #Crypto #CryptoScam #MemeCoin #BlockChain #Chainalysis #Trumpcoin #CryptoToken

Detached from reality are we - POTUS?

"we don’t need ANYTHING they have" ... referring to Canadian cars, energy, and lumber.

From the U.S. Census Bureau and Bureau of Economic Analysis, the US trade deficit with Canada widened to $4.9B billion in March, up sharply from prior months. The surge was driven by higher imports of Canadian-made cars, crude oil, and finished wood products.

1) Automotive imports up $2.6B
2) Oil and lumber increased, contributing to a 14% month-over-month jump in the Can- U.S. trade deficit, hitting a new monthly high of $140.5B in March. https://qz.com/u-s-canada-trade-imports-exports-trade-deficit-may-6-1851779387 #Trade #TradeDeficit #Tariffs #Canada #USA #BEA #Economy

The OpenAI governance saga continues! "“OpenAI is not a normal company and never will be", per Altman.

OpenAI reverses course, now says its nonprofit arm will have ongoing control of ChatGPT and it's other AI products.

$30B in funding from SoftBank contingent on approval of this structure.

Also, reports indicate Microsoft has veto authority over the restructuring plans, given their status as OpenAI's largest investor. https://www.wired.com/story/openai-announce-nonprofit-structure-sam-altman/ #OpenAI #AI #Altman #CharGPT #Softbank #microsoft #Musk

To break up or not to break up? Followup on Google AdTech monopoly guilty verdict. Penalty phase begins.

DoJ proposes Google sell its ad exchange product AdX, along with a “phased” sale of DoubleClick for Publishers. Google proposes making AdX real-time bids available to all third-party ad servers, and keeping its actions under an independent compliance observer for three years.

Stay tuned for more! https://techcrunch.com/2025/05/06/us-doj-wants-google-to-sell-two-of-its-ad-products/ #Google #Adtech #digitaladvertising #Internet #advertising #monopoly #www #DoJ

Cook, Cramer, Cuban, Dimon, Gates, Hakimian all sing praises following Warren Buffett's announcement that he will step down as CEO of Berkshire Hathaway by the end of the year. https://www.benzinga.com/25/05/45187070/warren-buffett-retires-after-decades-of-dominancefrom-tim-cook-to-mark-cuban-worlds-top-business-leaders-react-to-the-investment-icons-exit #WarrenBuffet #BerkshireHathaway #Berkshire #BRK #OracleofOmaha #Investing #CEO

First ever StableCoin regulation hits speed bumps in the US Senate with Dems claiming the legislation has numerous issues including not going far enough to crack down on money laundering and they are raising concerns about the Trump family’s new found interests in crypto. https://www.politico.com/news/2025/05/04/how-senate-crypto-negotiations-fell-apart-00326129 #Stablecoins #crypto #USSenate #legislation #Banking #Crypto_Legislation #DigitalAssets

Not surprising, the crash of P.A.T. 2.5, an army Black Hawk helicopter and American Airlines Flight 5342 near Reagan National Airport on Jan. 29, resulted from multiple factors.

1) Black Hawk crew did not execute visual separation effectively.
2) Black Hawk was flying too high.
3) Just before the collision the Black Hawk pilot failed to heed a directive from her co-pilot to change course.
4) Radio comms between the Black Hawk and Air Traffic Control were compromised.
5) A key position tracking system called ADS-B Out on the Black Hawk was turned off.
6) Air Traffic Control did not issue clear, urgent instructions to the Black Hawk to avert the crash.

Apparently the use of "visual separation" flight rules was a critical issue. https://www.nytimes.com/2025/04/27/business/dc-plane-crash-reagan-airport.html?unlocked_article_code=1.C08.qKvI.6rbL6msqc5S1&smid=url-share&utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosam&stream=top #FAA #NTSB #planecrash #aviation #BlackHawk #ReganNational #flightrules #helicopter

ChatGPT is getting into the shopping business.... currently in "pre-launch", shoppers will be shown product recommendations based on what ChatGPT remembers about a user’'s preferences as well as product reviews pulled from across the web.

Shoppers will not be able to check out inside of ChatGPT, rather they will be redirected to the merchant’s website to finish the transaction.

The results presented in ChatGPT searches are not paid placements, but organic results, and yes OpenAI is exploring affiliate revenue models. Ka-ching! https://www.wired.com/story/openai-adds-shopping-to-chatgpt/ #onlineshopping #AI #chatGPT #google #websearch #shopping

Good read: AI competition - the USA and China.

Developing a variety of different approaches for designing and deploying AI systems vs. relying on compute-intensive state of the art systems may be a good strategy going forward.

To effectively compete with China the USA should focus on the three key attributes of quality, reach, and adaptability.

https://www.justsecurity.org/110608/us-china-competition-ai/ #AI #AIcompetition #China #USA #AIPolicy #AIstrategy #AILeadership

Organized crime originating in southeast Asian is using industrial-scale scam centers to rapidly scale cyber crime efforts globally.

Generating approx. $30B USD annually, these syndicates are the "definitive market leaders in cyber-enabled fraud, money laundering, and underground banking globally".

Not surprising these crime syndicates are actively developing key infrastructure and infiltrating legitimate financial industries - particularly those related to online payment processing, blockchain technology, and cryptocurrency trading and exchange services.

https://www.lawfaremedia.org/article/when-pig-(butcherers)-fly #cybersecurity #organizedcrime #cybercrime #cyberscam #cryptocurrencies #blockchain