OFAC designated Nobitex, Wallex, Bitpin, and Ramzinex — exchanges that together processed the majority of Iran's digital asset inflows in 2025 — for IRGC financing, ransomware facilitation, and sanctions evasion.
A new White House directive requires AI developers to submit their most powerful models for government review before release, triggered by alarm over AI's vulnerability-discovery capabilities.
Florida Attorney General James Uthmeier filed an 83-page civil lawsuit against OpenAI and CEO Sam Altman on June 1, accusing the company of concealing safety risks, collecting minors data without parental consent, and ignoring expert warnings while marketing ChatGPT to children. Florida is the first state to take such legal action.
Google's parent company announced its largest ever equity raise, setting 2026 capital expenditure guidance at $180-$190 billion as AI demand outpaces available compute supply.
The AI safety company closed a $65 billion Series H round last week and is now targeting a public listing in fall 2026, at a valuation that would rank it among the most valuable companies ever to go public.
Verizon's 2026 Data Breach Investigations Report marks a historic shift: vulnerability exploitation now accounts for 31% of breaches, overtaking stolen credentials for the first time in 19 years. Median patch time increased to 43 days. Shadow AI tripled. AI is compressing exploitation windows to hours.
A new Aithos study using the LARA framework tested 12 frontier AI models against GDPR and EU AI Act requirements. The best model still failed 46% of scenarios. The worst failed 93%. And it is the businesses deploying these models, not the AI companies, who face the fines.
The Commerce Department's May 31 guidance closes the overseas subsidiary workaround that allowed Chinese companies to procure NVIDIA and AMD's most advanced AI chips. NVIDIA derived over 20% of its compute revenue from China through intermediary channels -- that channel is now closed.
Announced at the Choose France summit, SoftBank's investment covers 5 gigawatts of AI compute capacity across three sites in Hauts-de-France. The EUR 45 billion firm tranche targets completion by 2031, with EDF, Schneider Electric, and SB Energy as partners.
A pre-launch static fire test ended in catastrophe on May 28 when Blue Origin's New Glenn rocket exploded at Cape Canaveral, destroying the first stage and damaging LC-36. No injuries, but the impact on NASA's Artemis program is significant.
At Computex 2026, Jensen Huang unveiled RTX Spark -- a Blackwell GPU and Grace CPU fused into a single chip with 128GB unified memory and 1 petaflop of AI performance. Slim laptops and compact desktops arrive this fall from every major PC maker.
Sysdig's threat researchers have documented the first confirmed in-the-wild attack where an LLM agent autonomously conducted a full intrusion chain, exfiltrating an internal PostgreSQL database in just over an hour.