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As AI agents start making purchases, security teams must rethink risk
helpnetsecurity109d ago

As AI agents start making purchases, security teams must rethink risk

In this Help Net Security interview, Donald Kossmann, CTO at fintech company Chargebacks911, talks about the emerging security, fraud, and governance risks of “agentic commerce,” where AI agents can autonomously make purchasing decisions on behalf of users or organizations. He explains that as AI agents gain the ability to shop, negotiate prices, select suppliers, and execute transactions independently, traditional assumptions about digital commerce begin to break down. What is the most underappreciated security assumption people ... More →The post As AI agents start making purchases, security teams must rethink risk appeared first on Help Net Security.

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Alibaba sets up new task force, led by CEO Eddie Wu, to focus on AI model development
scmp109d ago

Alibaba sets up new task force, led by CEO Eddie Wu, to focus on AI model development

Alibaba Group Holding is forming a dedicated internal task force headed by CEO Eddie Wu Yongming in a bid to funnel greater resources into its foundational AI model development efforts.On Thursday, Wu said in a letter to members of the company’s artificial intelligence research lab Tongyi that the task force would “jointly coordinate group-wide resources to accelerate foundational model development”.“In technology, standing still means falling behind,” Wu said in the letter, which was provided...

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China, Hong Kong stocks gain as Beijing signals economic rebalancing
brecorder109d ago

China, Hong Kong stocks gain as Beijing signals economic rebalancing

HONG KONG: China and Hong Kong stocks rose on Thursday after Beijing slightly lowered its annual economic growth target, signalling a shift towards economic rebalancing, while optimism for progress in the Iran conflict helped lift risk appetite.As of midday trading break, China’s blue-chip CSI300 Index gained 1.3% to rebound from a more than two-month low struck in the previous session, while the Shanghai Composite Index added 0.8%.In Hong Kong, the benchmark Hang Seng Index climbed as much as 1.9%, rebounding from a six-month low.China’s yuan also strengthened, bouncing from a one-month low on Thursday, after the central bank set its daily midpoint guidance at its strongest in nearly three years, a move aimed at stabilising markets amid heightened tensions in the Middle East.The yuan was roughly 0.1% higher at 6.8897 to the dollar by 0335 GMT.Beijing announced an economic growth target for 2026 of 4.5%-5%, a slight downgrade from the 5% pace achieved last year, leaving room for bigger policy measures to reduce industrial overcapacity and rebalance the economy.The country’s 15th five-year plan also pledged more effort to achieve greater technological self-reliance and targeted growth in nascent domestic industries, including semiconductors, aerospace and artificial intelligence.The CSI Artificial Intelligence Index and CSI Semiconductor Industry Index climbed 3.3% and 2.6%, respectively, leading sectors in the overall market.“It appears policymakers intend to maintain a broadly supportive policy stance consistent with the approach taken since 2025 ... with an emphasis on supporting ‘new economy’ sectors, particularly AI and related industries,” said Marco Sun, chief financial market analyst at MUFG (China) in Shanghai.Meanwhile, a recovery in risk appetite that was hammered by the escalating war in the Middle East has also supported gains, following a New York Times report on Wednesday suggesting Iran had signalled a willingness to engage in talks with the US to seek an end to the war.“Today’s China market rise is inspired by an overnight rebound in US stocks,” said Yuan Yuwei, fund manager at Trinity Synergy Investments in Hong Kong.“China’s ‘National Team’ investors may also be tasked with steadying the market around the NPC meeting.”

#ECONOMY
benzinga109d ago

WISeKey Reports FY 2025 Preliminary Financial Results

WISeKey Reports FY 2025 Preliminary Financial ResultsSubsidiary SEALSQ Delivers 66% Year-Over-Year Revenue Growth and Advances Global Quantum-Secure Semiconductor EcosystemGeneva, Switzerland, March 5, 2026 – Ad hoc announcement pursuant to Art. 53 LR - WISeKey International Holding Ltd ("WISeKey" or "WISeKey Group") ((SIX: WIHN, NASDAQ:WKEY), a leading global cybersecurity, blockchain, and IoT company, today reported key operational and financial metrics for the fourth quarter ("Q4") and full year ("FY") ended December 31, 2025. These figures include preliminary results from its subsidiary, SEALSQ Corp (NASDAQ:LAES) ("SEALSQ"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products. WISeKey holds 52% of the voting rights in SEALSQ, enabling full consolidation of SEALSQ's revenue, cash, pipeline, and balance sheet into WISeKey Group financial statements.All figures are preliminary and unaudited. WISeKey expects to publish its audited full-year financial statements on or before April 30, 2026.Key Financial HighlightsMetric20252024ChangeFY 2025 Revenue$19M$12M+58%Q4 2025 Revenue$8M$4M+100%Cash on Hand (Dec 31, 2025)$425M+$90M+370%Strategic Investments Deployed$30M+—New in 2025QS7001 / QVault Pipeline$60M+~$11M+426%Total Commercial Pipeline (Dec 31, 2025)*$200M+$115M+74%* Reflects potential revenue opportunities with both current and potential new customers from 2026 through 2028, including more than $60 million linked to QS7001 and QVault TPM programs.FY 2025 revenue growth was driven by increased demand across core secure semiconductor and PKI product lines, five months of IC'ALPS contribution, and early commercial traction in post-quantum semiconductor programs. FY 2025 marked the final phase of transition from legacy platforms toward next-generation post-quantum semiconductor architectures, now entering a phase of commercial acceleration.Carlos Moreira, Founder & CEO, WISeKey and SEALSQ, noted, "The 58% revenue growth for WISeKey achieved in 2025 and the strong start into 2026 clearly demonstrate the transition of our semiconductor and post-quantum strategy from investment to commercial acceleration. With exceptional liquidity, a rapidly expanding pipeline, and rising global demand for sovereign, quantum-resistant infrastructure, WISeKey and SEALSQ are uniquely positioned to lead the next generation of secure digital ecosystems."FY 2026 Outlook & Commercial MomentumWISeKey has now entered its commercial acceleration phase. Its year end pipeline of over $200 million in potential revenue opportunities from 2026 through 2028, includes more than $60 million linked to QS7001 and QVault TPM programs, reflecting rising global demand for quantum-resistant security and sovereign semiconductor design solutions. Q1 2026 revenue is expected to exceed $4M, representing over 100% growth versus Q1 2025. WISeKey also confirms that it expects FY 2026 revenue growth of +50% to +100% year-over-year.Key growth drivers for 2026:Commercial rollout of QS7001 post-quantum secure chips and QVault TPM, with initial revenues expected in late 2026.Full-year consolidation of IC'ALPS revenues.Expansion into the Trusted Platform Module (TPM) market.Launch of custom post-quantum ASIC development programs.Increased global adoption of PQC driven by quantum computing threats and U.S. NSA ...Full story available on Benzinga.com

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Philippines: DepEd approves AI use in public schools
coingeek109d ago

Philippines: DepEd approves AI use in public schools

The Philippines’ DepEd allows AI tools like ChatGPT in public schools under strict guidelines, keeping teachers in control and limiting high-risk AI uses.The post Philippines: DepEd approves AI use in public schools appeared first on CoinGeek.

#CRYPTO
China ramps up 'high stakes' tech race with US as economic imbalances deepen
tbsnews_net109d ago

China ramps up 'high stakes' tech race with US as economic imbalances deepen

At the opening of the annual parliament meeting, Premier Li Qiang praised China's ability to withstand US President Donald Trump's tariff hikes, but said "multilateralism and free trade are under severe threat," and announced 7% increases in the defence budget, as well as in ‌research and development

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