Google and the FBI have joined forces to dismantle a massive Chinese phishing-as-a-service operation called Outsider Enterprise, which used AI to mass-produce phishing sites and caused an estimated $1.9 billion in losses. Google also filed a civil lawsuit against the group, accusing them of racketeering, trademark infringement, wire fraud, and false advertising.
In the tech world, the Global X Artificial Intelligence & Technology ETF has outperformed the Nasdaq by owning a diverse basket of AI stocks, including NVIDIA, Alphabet, Microsoft, and Amazon. This success highlights the power of diversification in investing.
Ant Group plans to upgrade its Alipay super app with agentic AI capabilities, allowing users to ask an AI assistant to perform tasks like ordering food and managing money. Meanwhile, Perficient is helping enterprises maximize the value of their data and AI investments using the Databricks Data Intelligence Platform.
Oracle is introducing new AI pricing models, shifting from broad subscription tiers to token-based and outcome-based pricing. This move aims to give enterprise customers more predictable costs and tie AI spending to actual usage and measurable results.
Other notable developments include EcoVadis joining the EU's AI Act Advisory Forum to provide technical expertise for the implementation of the world's first comprehensive AI regulation, and Scale AI's not mentioned but other companies like Venom AI launching a live mentor to help users turn AI conversations into real products.
Key Takeaways
- Google and FBI disrupted a massive Chinese phishing-as-a-service operation called Outsider Enterprise, causing an estimated $1.9 billion in losses.
- Google filed a civil lawsuit against Outsider Enterprise, accusing them of racketeering, trademark infringement, wire fraud, and false advertising.
- The Global X Artificial Intelligence & Technology ETF outperformed the Nasdaq with a diverse basket of AI stocks, including NVIDIA, Alphabet, Microsoft, and Amazon.
- Ant Group plans to upgrade Alipay with agentic AI capabilities for tasks like ordering food and managing money.
- Perficient uses the Databricks Data Intelligence Platform to help enterprises maximize their data and AI investments.
- Oracle introduced new AI pricing models, shifting to token-based and outcome-based pricing for predictable costs.
- EcoVadis joined the EU's AI Act Advisory Forum to provide technical expertise for comprehensive AI regulation.
- Venom AI launched a live mentor to help users turn AI conversations into real products with no coding required.
FBI disrupts massive AI-powered phishing service
The FBI, with help from Google and Black Lotus Labs, dismantled a massive Chinese phishing-as-a-service operation called Outsider Enterprise. The operation used AI and distributed phishing kits to steal credit card data and passwords, causing an estimated $1.9 billion in losses. The FBI seized multiple administration servers, a Shopify e-commerce storefront, and around $100,000 USDT from Outsider payment wallets.
Google files lawsuit against Outsider Enterprise
Google filed a civil lawsuit against Outsider Enterprise, a China-based operation using AI to mass-produce phishing sites. The lawsuit accuses the group of racketeering, trademark infringement, wire fraud, and false advertising. Google is working with the FBI and carriers to block scam texts.
Global X ETF beats Nasdaq with AI stock picks
The Global X Artificial Intelligence & Technology ETF outperformed the Nasdaq by owning a diverse basket of AI stocks, including non-US companies like SK Hynix and Samsung. The fund's top holdings include NVIDIA, Alphabet, Microsoft, and Amazon. The ETF's success highlights the power of diversification in investing.
Trump sets timelines to secure US government systems
A new White House memo aims to strengthen cybersecurity of sensitive government systems by centralizing oversight and setting aggressive deadlines for updating incident response procedures. The memo gives the NSA director a key role in identifying emerging threats and providing minimum security protections.
EcoVadis joins EU's AI Act Advisory Forum
EcoVadis was selected to join the EU AI Act Advisory Forum, providing technical expertise to guide the implementation of the world's first comprehensive AI regulation. EcoVadis will help shape a regulatory landscape that fosters trust and innovation across Europe.
Ant Group to upgrade Alipay with agentic AI
Ant Group plans to upgrade its Alipay super app with agentic AI capabilities, allowing users to ask an AI assistant to perform tasks like ordering food and managing money. The move escalates Alipay's competition with rival WeChat.
Perficient helps enterprises scale AI investments
Perficient helps enterprises maximize the value of their data and AI investments, driving business outcomes like improved customer experiences and increased revenue. The company uses the Databricks Data Intelligence Platform to help clients achieve their business objectives.
China's AI markets remain a funding source
China's AI markets continue to attract funding from tech giants, who see AI as a key to enhancing user experience and gaining a competitive edge. Major Chinese internet companies like Tencent and Alibaba are actively developing and deploying AI capabilities.
Oracle introduces new AI pricing models
Oracle is rolling out new AI pricing models, shifting from broad subscription tiers to token-based and outcome-based pricing. The new models aim to give enterprise customers more predictable costs and tie AI spending to actual usage and measurable results.
Venom AI offers live mentor for AI conversations
Venom AI launched a live mentor that helps users turn AI conversations into real products. The mentor, named Venom, teaches users how to command AI to build applications, websites, and tools with no coding required.
Sources
- FBI disrupts massive AI-powered phishing service using a million URLs
- AI Scam Surge Prompts Google to File Lawsuit
- Forget Buying Nvidia. This Overlooked ETF Beat the Nasdaq by Owning the AI Stocks You Can’t
- Trump memo sets ‘aggressive’ timelines to secure sensitive systems
- EcoVadis Joins European Commission's AI Act Advisory Forum to Shape Future of Responsible AI
- Ant Group Plans Agentic-Focused Upgrade of Alipay Super App
- Perficient Demonstrates How Enterprises Scale Data and AI Investments to Drive Business Outcomes
- Citigroup: China's AI Markets Remain a Funding Source
- Oracle’s New AI Pricing Models And What They Could Mean For ORCL
- Venom AI Launches a Live Mentor That Turns AI Conversations Into Real Products
Comments
Please log in to post a comment.