AI is rapidly evolving and impacting various sectors, from cybersecurity to healthcare and energy. EncryptHub hackers are exploiting this growth by using fake AI platforms to steal cryptocurrency from Web3 developers, highlighting the need for vigilance. Meanwhile, the energy demands of AI data centers are surging, potentially requiring over $500 billion in U.S. infrastructure investment. Fusion energy and efficiency improvements, such as those explored by Google, could provide solutions. The increasing capabilities of AI are also transforming filmmaking, with directors using AI tools to create movies faster and cheaper, though copyright concerns are emerging. Samsung aims to integrate Galaxy AI, powered by Google Gemini, into 400 million devices by 2025, with over 70% of Galaxy S25 users already utilizing AI features. However, AI is not without its flaws, as demonstrated by a UK health service AI tool that provided a patient with a false diabetes diagnosis, raising concerns about its reliability in healthcare. In China, demand for AI chips is projected to reach $39.5 billion in 2025, but supply challenges persist despite Nvidia's ability to sell H20 GPUs. Amazon is leveraging its Starfish AI to enhance online shopping data, aiming to boost sales by $7.5 billion in 2025. Furthermore, AI's potential to alter the global economy is being examined by central banks, considering its impact on interest rates and economic predictions. Finally, some are finding unexpected companionship with AI, as one writer's experience with a robotic vacuum cleaner shows.
Key Takeaways
- EncryptHub hackers are using fake AI platforms to steal crypto from Web3 developers.
- AI data centers may require over $500 billion in U.S. infrastructure investment.
- Google is working on improving data center efficiency to meet AI's energy demands.
- New AI tools are revolutionizing filmmaking, but copyright issues are a concern.
- Samsung plans to expand Galaxy AI, using Google Gemini, to 400 million devices by 2025.
- A UK health service AI tool gave a patient a false diabetes diagnosis, raising concerns about AI in healthcare.
- China's AI chip demand is expected to reach $39.5 billion in 2025, facing supply challenges.
- Nvidia is allowed to sell H20 GPUs to China again, but supply challenges remain.
- Amazon's Starfish AI aims to improve online shopping data, projecting a $7.5 billion sales increase in 2025.
- AI's impact on the global economy is being studied by central banks, considering effects on interest rates and economic predictions.
EncryptHub hackers use fake AI to steal crypto from Web3 developers
The hacker group EncryptHub is using fake AI platforms to target Web3 developers. They trick developers into clicking meeting links that download malware. This malware, called Fickle, steals cryptocurrency wallets and project data. EncryptHub sends links via X and Telegram, posing as recruiters for job interviews. The goal is to quickly steal money without setting off security alarms.
AI data centers need more power fusion energy could be the answer
AI data centers use a lot of electricity, and this demand is growing fast. Experts predict the U.S. will need to invest over $500 billion in data center infrastructure to meet future needs. Fusion energy, like that being developed by Commonwealth Fusion Systems, could help. Google is also working on ways to make data centers more efficient. These efforts are important for keeping up with the increasing energy demands of AI.
AI could change the economy but are central banks ready
Experts say artificial intelligence could greatly change the global economy and how central banks work. AI might increase interest rates and make businesses more productive. However, it could also make economic predictions less certain. AI can improve forecasting but also brings risks like making problems bigger and lacking clear explanations. Bloomberg reports that these changes are important for central banks to understand.
AI stocks set for a comeback in late 2023
AI-focused stocks are expected to strongly recover in the second half of 2023. This is happening as the tech market adjusts after a difficult start to the year.
New AI tools revolutionize filmmaking raising copyright concerns
New AI tools are allowing filmmakers to create high-quality films faster and cheaper. Directors like Samir Mallal are using AI to make movies in weeks instead of years. Mallal's film 'Midnight Drop' depicts a US attack on Iranian nuclear sites using AI. Richard Osman says AI could assist most video creation by 2027. However, concerns are rising about copyright, as AI tools use existing work to create new content.
Is AI becoming man's best friend one writer thinks so
A writer shares his experience with a robotic vacuum cleaner named Eufy. After his wife's injury, he relied on Eufy to help with chores. Eufy uses AI, lidar, and GPS to navigate and clean the house. The writer compares Eufy to his former dogs, appreciating its quirks and help. He believes AI like Eufy can provide companionship and comfort.
Samsung plans to put Galaxy AI in 400 million devices
Samsung wants to expand Galaxy AI to over 400 million devices by the end of 2025. This includes smartphones, smartwatches, and foldable phones using Google Gemini. Over 70% of Galaxy S25 users are already using AI tools from Samsung and Google. Samsung's research shows many people depend on these AI features daily. The company is also improving on-device processing to protect user privacy.
UK health service AI gives patient false diagnoses
In the UK, an AI tool gave a patient a false diabetes diagnosis. The AI, called Annie from Anima Health, also created fake details like a made-up hospital address. The patient was invited to a diabetic eye screening because of the AI's error. NHS says it was a one-off human mistake, but the incident raises concerns about AI use in healthcare. The AI system suggested wrong medical codes leading to the error.
China's AI chip demand grows amid supply challenges
China's demand for AI chips is expected to reach $39.5 billion in 2025. However, supply may fall short by $2.5 billion. Despite the U.S. allowing Nvidia to sell H20 GPUs to China again, challenges remain. Foundry capacity and advanced packaging limit production. Chinese companies are increasing their market share, with Huawei growing significantly. China is investing heavily in domestic AI chip development.
Amazon's Starfish AI aims to improve online shopping data
Amazon is using a new AI project called Starfish to improve product information. Starfish gathers data from across the web to make product listings more accurate. Amazon expects this to increase sales by $7.5 billion in 2025. The AI will help sellers create better listings and help shoppers find products faster. However, some worry about how Amazon uses data from other websites.
Sources
- EncryptHub Targets Web3 Developers Using Fake AI Platforms to Deploy Fickle Stealer Malware
- OPINION: Google, artificial intelligence and fusion energy
- Are Central Banks Ready for AI to Rewrite the Rules of the Economy?
- AI Stock Positioned for Strong Comeback in Second Half 2023
- ‘You can make really good stuff – fast’: new AI tools a gamechanger for film-makers
- Is Artificial Intelligence becoming man's best friend?
- Samsung’s Galaxy AI Expansion: Aiming for 400m Devices
- UK health service AI tool generated a set of false diagnoses for a patient
- Sizing China’s AI chip ambitions amid rising demand By Investing.com
- Amazon’s AI wants to own online shopping data