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Starting in the crypto space, the FBI has officially attributed a record six point three billion dollar theft to North Korean state-backed hackers, making it the largest crypto heist ever recorded. Exchange giant Binance says it has covered roughly ninety percent of affected losses, but the scale of the operation raises serious questions about the vulnerability of digital asset infrastructure globally.
Shifting to the AI front, Chinese markets have shed trillions in value as the economic strain of competing with the United States in artificial intelligence continues to mount. The costs of building out data centers, securing chips under export restrictions, and funding frontier model research are proving enormous, and investors are growing uncertain about when, or whether, that spending translates into returns.
And on the hardware side, NVIDIA has updated specifications for its next-generation Rubin GPU platform as first production units begin shipping to customers. The Rubin architecture represents a significant step beyond the current Blackwell generation, and its arrival signals that the infrastructure arms race underpinning the entire AI industry is moving faster than most anticipated.
Keep surfing. Tech Beat out.
