Hong Kong’s banking sector is still in the early stages of preparing for cybersecurity risks posed by quantum computing, the city’s de facto central bank said on Monday as it unveiled a new benchmark to track the industry’s readiness. The Hong Kong Monetary Authority (HKMA) launched its first Quantum Preparedness Index (QPI), which gave the…
BEIJING: U.S. threats to sanction Chinese AI developers over alleged intellectual property theft and export-control violations risk unravelling efforts to establish a bilateral dialogue on AI safety, analysts say, just as increasingly powerful models raise concerns over serious security breaches. U.S. officials on Wednesday accused Chinese AI lab Moonshot of distilling its Kimi K3 model…
AI Czar David Sacks has spoken out on China’s new Kimi K3 artificial intelligence (AI) model, calling its performance “concerning” for American technological dominance. Sacks warned that heavy domestic regulation is crippling US innovation just as overseas rivals catch up, drawing an immediate agreement from billionaire Elon Musk. Sacks comments came soon after Beijing promoted…