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Amazon's debt has nearly doubled to one hundred twenty-nine billion dollars in just six months, a dramatic figure tied largely to aggressive infrastructure investment in artificial intelligence and cloud expansion. It's a calculated bet, but one that raises real questions about how much leverage a company can carry before the weight starts to show.
On a darker note, a former FBI counterintelligence supervisor now faces federal charges after allegedly stealing nearly one million dollars in cryptocurrency seized during bureau investigations, then turning to ChatGPT for advice on how to invest the stolen funds and relocate to Europe. It's a case that sits at a strange intersection of institutional trust, financial crime, and the increasingly casual use of AI as a personal advisor.
And Amazon has also been in the news for flagging a North Korean hacking group as the force behind a surge in open-source supply chain attacks targeting popular NPM libraries. Prosecutors say generative AI is making the malware harder to detect, helping attackers craft convincing packages that hide inside trusted software updates before reaching developers' machines.
These are the stories worth watching today. Keep surfing. Tech Beat out.
