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Drift details how suspected North Korean attackers stole $270M posing as a quant trading firm in a 6+ month operation with in-person meetings and a $1M+ deposit (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk : Drift details how suspected North Korean attackers stole $270M posing as a quant trading firm in a 6+ month operation with in-person meetings and a $1M+ deposit   —  Attackers posed as a trading firm, met Drift contributors in person across multiple countries, deposited $1 million of their own capital … from Techmeme https://ift.tt/wQ5oGsZ via IFTTT
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How India's film industry is embracing AI, as studios use the tech to cut production time and costs, while union rules constrain its use in Hollywood (Munsif Vengattil/Reuters)

Munsif Vengattil / Reuters : How India's film industry is embracing AI, as studios use the tech to cut production time and costs, while union rules constrain its use in Hollywood   —  India's studios are transforming filmmaking by using AI to slash production time, cut costs and dub movies into numerous languages. from Techmeme https://ift.tt/hndHwer via IFTTT
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Research across 1,372 participants and 9K+ trials details "cognitive surrender", where most subjects had minimal AI skepticism and accepted faulty AI reasoning (Kyle Orland/Ars Technica)

Kyle Orland / Ars Technica : Research across 1,372 participants and 9K+ trials details “cognitive surrender”, where most subjects had minimal AI skepticism and accepted faulty AI reasoning   —  When it comes to large language model-powered tools, there are generally two broad categories of users. from Techmeme https://ift.tt/ciydBn0 via IFTTT
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VCs are covering expenses like rent for young college dropouts founding AI startups; Antler: average AI unicorn founder age fell from 40 in 2020 to 29 in 2024 (Kate Clark/Wall Street Journal)

Kate Clark / Wall Street Journal : VCs are covering expenses like rent for young college dropouts founding AI startups; Antler: average AI unicorn founder age fell from 40 in 2020 to 29 in 2024   —  Venture capitalists are stepping in to cover expenses like rent while dropouts from Harvard to Stanford chase their startup dreams from Techmeme https://ift.tt/9aK3B4Y via IFTTT
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OpenAI COO Brad Lightcap is transitioning to a special projects role reporting to Sam Altman; Fidji Simo is taking medical leave for several weeks (Shirin Ghaffary/Bloomberg)

Shirin Ghaffary / Bloomberg : OpenAI COO Brad Lightcap is transitioning to a special projects role reporting to Sam Altman; Fidji Simo is taking medical leave for several weeks   —  OpenAI's chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons … from Techmeme https://ift.tt/fzBjbgh via IFTTT
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Sources: Mercor asked professionals in fields like entertainment to sell their prior work materials for AI training, even if the IP could belong to ex-employers (Katherine Bindley/Wall Street Journal)

Katherine Bindley / Wall Street Journal : Sources: Mercor asked professionals in fields like entertainment to sell their prior work materials for AI training, even if the IP could belong to ex-employers   —  AI models from the tech giants constantly need new training data.  This $10 billion startup is on the hunt for fresh resources. from Techmeme https://ift.tt/raE4VN6 via IFTTT
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The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the "exclusive" authority to regulate such markets (Alex Harring/CNBC)

Alex Harring / CNBC : The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the “exclusive” authority to regulate such markets   —  A federal commission on Wednesday announced lawsuits against three states over its ability to exclusively regulate prediction markets. from Techmeme https://ift.tt/tYBfukF via IFTTT
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