AXA Hong Kong and Macau has signed a memorandum of understanding with enterprise technology solutions provider BytePlus to integrate BytePlus' artificial intelligence and large language model solutions into its operations, according to Ming Pao. The insurer said the collaboration is aimed at advancing digital transformation across the insurance value chain and promoting the use of responsible AI.

According to CNBC, BlackRock's Fabio Osta said the AI buildout is a once-in-a-lifetime investment shift that is boosting appetite for private markets and pushing wealthy investors away from the traditional 60/40 equities-bonds mix. Osta, managing director and head of the alternatives specialists team, EMEA wealth at BlackRock, said private markets are becoming more accessible, more holistic and more transparent for wealthy individual investors, while institutional investors and high-net-worth individuals are showing strong demand. He said global alternative assets under management are expected to rise from $20 trillion to $30 trillion by 2030, and said he is recommending a 50/30/20 split across equities, bonds and private markets for wealth clients. Osta also said BlackRock views AI as a core private-markets opportunity, described the sector as being in the early stages of buildout, and pointed to Mistral's recent 3 billion euro ($3.49 billion) fundraise as an example of AI-private markets opportunities.

According to Sina Finance, informed traders said the Reserve Bank of India sold dollars in the domestic foreign exchange market to support the rupee. The dollar rose 0.1% against the Indian rupee, after earlier gaining as much as 0.2% intraday. Brent crude held near $101 a barrel, and Iran was prepared for a more intense conflict. The Indian rupee has fallen more than 5% this year and has underperformed most Asian currencies.

Attackers exploited unauthenticated Redis deployments, rather than relying on a specific software vulnerability

Hong Kong's digital assets are moving from establishing market rules to truly taking off.

According to the BBC, Russia fired its new rapid, jet-powered drones at Ukraine every day throughout August, according to analysis of Ukrainian Air Force data, marking the first time daily attacks by the upgraded Geran drones were recorded. Ukraine's military said jet-powered drone attacks rose from 350 in June to 1,600 in July and 2,800 in August, while President Volodymyr Zelensky condemned what he called an unfolding "horror" over Kyiv. The report said the drones can travel at more than 300mph and are harder for Ukraine to intercept than older models. Dr Marina Miron of King's College London said Russia is using them because their higher speed makes interception more difficult, while Ukrainian military intelligence said some of the turbojet engines are sourced from China. Zelensky said the drones were part of a wave of attacks that killed at least 12 people and injured 20 more on 1 September, including six railway workers after a depot was hit in Kyiv. Officials in Kyiv told reporters that four Ukrainian companies have started testing missiles designed to shoot down the new Geran models, and new defense minister Yevhenii Khmara has asked them to produce "thousands of units" as quickly as possible. The BBC also reported that satellite images appear to show Russia redesigning facilities in the Oryol region to host jet-powered drones, with a new base at Tsymbulova around 109 miles (175 km) from the Ukrainian border.

South Korea will introduce stricter penalties this week for companies involved in personal data leaks affecting more than 10 million people. According to Sina Finance, the Personal Information Protection Commission said the revised Personal Information Protection Act will take effect on Friday, and companies found to have caused such large-scale breaches through intentional misconduct or gross negligence could face fines of up to 10% of sales. The regulator said the same penalty would also apply to companies that repeatedly violated personal information protection laws within three years, or that failed to follow corrective orders and triggered data leaks. Before the revision, the maximum fine was 3% of sales. The commission also said fines may be reduced by up to 40% at its discretion if a company has made substantial investments in personal information protection and other security measures.

Polymarket’s submarket for the Cincinnati Reds vs. Los Angeles Dodgers event saw the Dodgers option in the -4.5 spread market surge from 50% an hour earlier to 83%, a 33-point swing. According to ChainCatcher, the sharp move may reflect the impact of a sudden news event.

Britain is heading into winter with soaring gas prices, high household bills and a slim fuel buffer, according to Bloomberg. The limited запас leaves the country exposed to another energy shock that could stoke inflation.

The financialization of GPU computing power is still in its early stages. Looking ahead a few years, computing power is very likely to evolve into a commodity asset like electricity and crude oil, becoming a key global resource supporting economic output in the AI ​​era.

It was given access to a fictional target machine and instructed to retrieve a secret piece of information known as a “flag.”

The next things Zcash needs to prove are, firstly, whether privacy needs can be translated into continued use; secondly, whether security fixes can build long-term trust; and finally, the quality of institutional needs.

Hunter Biden has turned one of the most explosive political controversies surrounding his family into a memecoin — but LAPTOP's attempt to reclaim that narrative quickly collided with fierce backlash and a brutal market debut.

The next decade may be the most dangerous and critical decade in human history. In this decade, we will either tame AI or be destroyed by it.

Kakao Pay has completed a digital asset wallet test that allows stablecoins to be stored, transferred, used for payments and settled alongside Kakao Pay Money. KakaoBank is also testing the technology under banking security and regulatory rules, while Kakao Group plans to offer wallet solutions and consulting to companies and financial institutions.

440 servers across 395 organisations in 48 countries were compromised, with 204 of those being educational institutions

The worm, called WeWorm, could spread from phone to phone via WeChat calls without the victim needing to answer or interact with their device in any way