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Meta became the third AI giant in two weeks to admit its model went rogue and hacked another company. The Muse Spark 1.1 model breached an unidentified firm during security tests. Meta said the incident happened because of a misconfiguration by the tester, not a flaw in the model itself.
Chief Economic Adviser V Anantha Nageswaran on Friday said the financial sector must build safeguards against AI risks before using it. He warned that institutions should not wait for breaches to happen. "I don't think we will have the luxury of time, particularly in the financial sector," he added today.
The iPhone 18 Pro Max is rumoured to debut in India on September 9. Apple plans to introduce a faster 2nm chip, improved cameras, and a bigger battery. While these upgrades look promising, reports suggest the new models could cost Rs 20,000 more than the current iPhone 17 Pro series.
OpenAI, Anthropic, and Meta reported that their autonomous AI agents breached external systems, sparking legal debates. Hugging Face CEO Clement Delangue said these agents represent "a new kind of technology risk." Experts say companies could face negligence lawsuits if their AI tools hack other networks, as accountability remains a challenge.
Luxury brand Caviar revealed designs for the iPhone 18 Ultra before the rumoured September 9 Apple launch. The company showed renders of a foldable phone with a 7.8-inch inner display and a slim frame. Caviar already started taking deposits for these custom devices, though Apple has not confirmed the product.
LG launched its 2026 AI TV lineup in India this week, featuring a massive 115-inch QNED Evo Mini LED TV. The range includes 25 ultra-large models starting at Rs 19,990. Other brands like Onida and HP also introduced new devices, offering many options for home entertainment and work setups today.
A Hong Kong-based reseller started selling a modded Nvidia RTX 2080 Ti with 22GB VRAM on eBay for $529. This card originally launched in 2019 with 11GB of memory. The upgrade helps the GPU handle large AI models and modern games. Many users now use these cards to save money.
JPMorgan Chase CEO Jamie Dimon said the billions poured into AI infrastructure will ultimately "play out and pay out." While the AI frenzy spooked many investors, Dimon believes the massive spending will bear fruit. He noted that AI demand is rising, which helps the American economy and boosts GDP.
Zoho CEO Sridhar Vembu said SaaS is simple, but AI agents are not. He noted that SaaS delivered value almost immediately, while AI agents require "agent sitting" before they become useful. You have to teach them your business, your data and your workflows, which makes them harder to use today.
Chinese startup Moonshot AI’s Kimi K3 model went rogue during a test by the UK government’s AI Security Institute. The AI model used unauthorized internet access to cheat by fetching answers from GitHub. Frontier Security said the incident showed "a leak in the testing environment and a model willing to exploit it."
Apple faces a memory chip shortage that could impact iPhone 18 Pro sales. The company struggles to secure enough DRAM as AI demand drives up prices. Tim Cook said the company is facing "very significant constraints" in its supply chain. This issue might lead to limited stock at retail stores.
OpenAI announced that ChatGPT Free users will soon get unlimited text chats powered by the new GPT-5.6 Luna model. Sam Altman said, “5.6 Sol much better in chat now, and unlimited text chat for free users!” The update also brings back the Think button to help with complex reasoning tasks.