Nvidia, AMD Rebound; Microsoft's AI Departures

Key Takeaways

• MEMASA is developing a chat-based AI crypto trading app with an AI copilot for risk scoring and scam detection
• The $MEMASA token is priced at $0.0155 in a staged on-chain sale, excluding several major markets
• Indian CERT-In warns of AI-assisted attacks on crypto exchanges via tools like ARTEX and PentAGI
• Socomec expands into South Korea's AI data center power market with its DELPHYS XL UPS system
• Nvidia (NVDA) rebounded 2.78% to $186.64 while AMD recovered to $449.04 after a sharp sell-off
• US intelligence claims Nvidia CEO Jensen Huang had a romance with a suspected Chinese spy, which Nvidia denies
• Microsoft's John Langford departed after the AI Frontiers group was moved and his team's tools went unused
• Former AI platform head Eric Boyd moved to Anthropic, while ex-LinkedIn CEO Ryan Roslansky also left Microsoft
• LA City Council approved a citywide data privacy policy addressing AI and automated license plate readers
• US Pacific Command is accelerating AI adoption across the Pacific, citing greater risk in not using AI than in adopting it

MEMASA Plans Chat-Based AI Crypto Trading App

MEMASA is developing a chat-first AI crypto trading app that lets users research tokens and place trades using plain-language messages. An AI copilot will explain token activity and assign risk scores, including scam detection and insider concentration checks. Users can type instructions like 'put $50 into this token and sell if it falls 20%' to complete whole orders. The app will support self-custodial wallets for Solana and EVM networks. The $MEMASA token is currently offered at $0.0155 in a staged on-chain sale.

MEMASA Reveals AI Trading App Built Around Chat

MEMASA ($MEMASA) is building a chat-first AI crypto trading app for on-chain traders. The app is in development and has not launched yet. It will let users research tokens, check risk, and trade through plain-language messages instead of complex trading screens. An AI copilot will draw on wallet flows, social sentiment, and narrative shifts to explain token activity. The $MEMASA token, priced at $0.0155, will power premium features, marketplace payments, and analyst staking. The token sale is not available in the US, UK, Canada, EU/EEA, SVG, or sanctioned jurisdictions.

MEMASA Outlines Chat-First AI Crypto Trading App

MEMASA has outlined a chat-first AI crypto trading app for on-chain traders that is still in development. The app centers on an AI copilot that explains token activity with supporting data and assigns a risk score to every token. Users can place trades by typing sentences, and the app will pick the route, cover gas across chains, and show a preview before confirmation. Features include self-custodial wallets for Solana and EVM networks, leaderboards based on verified on-chain results, and a marketplace where analysts stake $MEMASA to list strategies. The token has a fixed supply and is currently sold at $0.0155.

Indian Crypto Users: 5 Security Checks Against AI Attacks

India's cybersecurity agency CERT-In warned of an active campaign called CRAFTY FALCON that uses AI tools to attack crypto exchanges and financial platforms. Hackers are using tools like ARTEX, PentAGI, Cairn, and CyberStrikeAI to find vulnerabilities and launch faster attacks. CERT-In recommends strong unique passwords, two-factor authentication with authenticator apps, and removing unrecognized devices from accounts. Users should also use hardware wallets for long-term storage and enable withdrawal allowlisting. Indian crypto users should avoid suspicious links and report cyber fraud through 1930.

Indian Crypto Users: Security Checks for AI Attacks

CERT-In has warned that AI-assisted attacks are targeting crypto exchanges and financial platforms in India, increasing risks for digital asset users. Hackers are leveraging AI tools to create customized scripts and exploit security gaps more effectively. Users are advised to use strong passwords, enable two-factor authentication with authenticator apps or security keys, and verify all devices signed into their accounts. Protecting wallets with hardware storage and withdrawal allowlisting adds further security. Indian users should watch for phishing scams and report cyber fraud through 1930.

Socomec invests in South Korea AI data center power market

French power solutions provider Socomec is expanding its investment in South Korea to support AI data centers and the semiconductor industry. The company introduced its new DELPHYS XL uninterruptible power supply using silicon carbide semiconductors at a November 5 event in Seoul. Socomec appointed Yu Gi-tae as country manager in April to lead the effort. The company plans to grow its sales, service, and technical support for data center and semiconductor customers across the country.

AI data center demand drives energy investment rush and valuation worries

Investors are pouring money into energy companies that supply electricity to AI data centers, but some startups have very high valuations before proving they can deliver. Companies like Valar Atomics, Form Energy, Newcleo, and XGS Energy are positioned to benefit from the expansion. U.S. data centers used about 4.7 percent of the country's electricity in 2024, and that share could reach 12 percent by 2030. Experts warn that construction costs, permitting delays, and political risks could make some investments risky.

U.S. military speeds up AI adoption across Pacific amid China tensions

The U.S. military is rapidly adopting artificial intelligence tools across the Pacific to address growing tensions with China. U.S. Pacific Command's Chief Super Intelligence Officer Scott Brunstetter said the command decided that the risk of not using AI is greater than the risk of adopting it. AI is being used for logistics, intelligence analysis, and tasks like tracking medical supplies. Leaders are also working on keeping AI systems operational in Hawaii without relying on mainland data centers, given local power and connectivity challenges.

Startup incident highlights legal challenges of AI agents

A dispute involving startup Primcloud and a Railway employee has revealed growing legal complications in the age of AI agents. Primcloud accused a Railway employee of trying to breach its system. Lawyers say determining liability is becoming increasingly complicated as AI agents play a larger role in business operations.

LA City Council pushes citywide data privacy policy

The Los Angeles City Council approved a motion to create a standard citywide data privacy policy addressing concerns about artificial intelligence and automated license plate reader technology. The unanimous vote was introduced by Councilwoman Monica Rodriguez. City departments will report recommendations on data collection, storage, retention, access, sharing, cybersecurity, transparency, and oversight. Rodriguez stressed that all departments must follow the same standards to protect residents' privacy and personal information.

US intelligence says Nvidia CEO Jensen Huang had romance with suspected Chinese spy

US intelligence believes Nvidia CEO Jensen Huang had a romantic relationship with a suspected Chinese spy named Huang Le. Huang Le reportedly built a network of companies around Shanghai and Zhejiang that pushed AI data centers. Nvidia denies the claims and says Huang meets thousands of customer executives each year. China calls the espionage accusations groundless smears. Honeypot operations use romantic relationships to extract secrets from targets.

AI chip stocks rebound after global sell-off but bubble fears remain

AI chip stocks bounced back on Friday after a major sell-off that hit markets in Asia and the US. Nvidia rose 2.78% to $186.64 after dropping 9.3% the day before. AMD also recovered to $449.04 after falling 17.3%. South Korea's KOSPI fell 6% and Taiwan's benchmark dropped over 8% during the week. Concerns about data center restrictions and heavy spending on AI capacity are fueling bubble worries.

Microsoft researcher John Langford leaves as AI Frontiers group ends

Microsoft researcher John Langford has left the company and declared the AI Frontiers group finished. The group had about 50 people and was moved from Microsoft Research into Microsoft AI in September. Langford said he could not get his team's innovations used inside Microsoft AI. He created projects like Autogen and Fara for coordinating AI agents. Other senior Microsoft departures include former LinkedIn CEO Ryan Roslansky and former AI platform head Eric Boyd moving to Anthropic.

Sources

• MEMASA Outlines Plans for a Chat-First AI Crypto Trading App
• MEMASA Reveals Plans for AI Trading App Built Around Chat for On-Chain Crypto Users
• MEMASA Maps Out a Chat-First AI Crypto Trading App for On-Chain Traders
• Indian Crypto Users: 5 Security Checks to Protect Your Assets from AI Attacks
• Indian Crypto Users: 5 Security Checks to Protect Your Assets from AI Attacks
• Socomec Expands Investment in South Korea’s AI Data Center Power Market
• EXCLUSIVE: AI Data Center Demand Sparks Energy Investment Rush, Raises Valuation Concerns
• U.S. military accelerates AI push across Pacific as China tensions grow
• Startup drama exposes legal headache of AI agent era
• LA Council Seeks Citywide Data Privacy Policy Amid Use of AI, ALRP Technology
• US intelligence believes Jensen Huang had romantic relationship with Chinese spy in honeypot operation — spy suspect linked to company accused of smuggling $2 billion in AI chips
• AI Chip Stocks Bounce After Global Rout—But Is the Bubble Starting to Burst?
• Microsoft Researcher John Langford Exits as AI Frontiers Group Is Declared Finished