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The Guardian AIBusiness

Metro Bank customer fights for £14,000 refund after AI-linked fraud

<p>Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbot</p><p>A Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.</p><p>Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken from his bank account. The scam involved fraudsters buying credits to use Claude.</p> <a href="https://www.theguardian.com/money/2026/aug/04/metro-bank-refund

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Metro Bank customer fights for £14,000 refund after AI-linked fraud
The Guardian AIBusiness

‘This quarter was otherworldly’: Palantir earnings surge past expectations

<p>Shares soar as yearly revenue up 93%, even as opposition grows to company’s role in Trump immigration agenda</p><p>In a sea of companies reporting mixed financial results this quarter, <a href="https://www.theguardian.com/technology/palantir">Palantir</a> stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics company reported that its overall revenue grew 93% year over year to $1.94bn. That’s well

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‘This quarter was otherworldly’: Palantir earnings surge past expectations
TechCrunch AIBusiness

Apple finally fixed Siri. So why does it feel anticlimactic?

Apple’s long-awaited AI overhaul finally makes Siri the assistant it was always supposed to be. Yet it arrives at a moment when simply being a capable AI assistant no longer feels revolutionary.

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The DecoderBusiness

Alibaba's new Qwen model is also taking your job, but this time it's great

Alibaba is marketing its new AI model Qwen 3.8 with a video that shows the AI working while a person enjoys their hobbies. It's a deliberate contrast to the job loss warnings from OpenAI and Anthropic. Of course, it's still just marketing. The article Alibaba's new Qwen model is also taking your job, but this time it's great appeared first on The Decoder .

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TechCrunch AIBusiness

Congress’ favorite AI tool? ChatGPT

House spending records show OpenAI's ChatGPT dominates paid AI use on Capitol Hill, with congressional offices relying on the chatbot to draft memos, summarize legislation, and assist constituent communications.

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The DecoderBusiness

IBM finds 92% of companies hit by AI security breaches lacked basic access controls

According to IBM, 92 percent of companies that experienced an AI security incident had inadequate access controls for their AI systems. The model itself was rarely the problem. The article IBM finds 92% of companies hit by AI security breaches lacked basic access controls appeared first on The Decoder .

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IBM finds 92% of companies hit by AI security breaches lacked basic access controls
The DecoderBusiness

Interpol says AI has become the "core operational driver of cybercrime" across Africa

AI is involved in 55 percent of reported cybercrimes in Africa, according to a new Interpol report. Financial losses more than doubled from $192 million to $484 million, and about 600,000 cases of digital extortion involving deepfakes were recorded. The article Interpol says AI has become the "core operational driver of cybercrime" across Africa appeared first on The Decoder .

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Interpol says AI has become the "core operational driver of cybercrime" across Africa
The DecoderBusiness

China's MiniMax H3 is the first open model to top an AI video ranking

MiniMax releases H3 video model weights, putting an open model at the top of a video ranking for the first time. The article China's MiniMax H3 is the first open model to top an AI video ranking appeared first on The Decoder .

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China's MiniMax H3 is the first open model to top an AI video ranking
The Guardian AIBusiness

Ring Cycle review – AI staging dispenses with drama to create banal bric-a-brac

<p><strong>Bayreuth festival theatre, Bayreuth</strong><br>For the festival’s 150th anniversary, the creative team have turned to AI to generate visuals reflecting Wagner’s tetralogy’s past, present – and future. The hyperactive result is a dismal, mindless mess</p><p>Unveiled the same week in which tech company Anthropic admitted that its <a href="https://www.theguardian.com/technology/2026/jul/30/anthropic-ai-claude-hack">AI model Claude had gone rogue during testing</a>, Bayreuth festival’s n

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Ring Cycle review – AI staging dispenses with drama to create banal bric-a-brac
The DecoderBusiness

Two teams solved the same quantum crypto problem using GPT-5.6 just three hours apart

Two research teams independently solved the same open quantum cryptography problem using OpenAI's GPT-5.6 Sol Ultra, submitting their papers just three hours apart. "If someone mentions an open problem, the first thing is to see if GPT solves it," says one of the researchers. The case raises a question: what does "independent discovery" mean when everyone uses the same models? The article Two teams solved the same quantum crypto problem using GPT-5.6 just three hours apart appeared first on The

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Two teams solved the same quantum crypto problem using GPT-5.6 just three hours apart
The DecoderBusiness

Alibaba’s open-weight Qwen3.8-Max takes on long-horizon AI tasks with 2.4 trillion parameters

Alibaba's new flagship model Qwen3.8-Max is built to handle complex tasks on its own over days at a time, from reproducing research papers to designing chips autonomously. The team plans to release the weights next week. The article Alibaba’s open-weight Qwen3.8-Max takes on long-horizon AI tasks with 2.4 trillion parameters appeared first on The Decoder .

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The Guardian AIBusiness

Disruption review – anti-AI thriller boasts knockout cast but tech commentary needs an update

<p><strong>Pershing Square Signature Center, New York</strong></p><p>John David Washington leads an exceptionally talented cast in a sleek off-Broadway thriller that feels a little dated</p><p>Making its US debut three years after its London premiere, Andrew Stein’s Disruption faces the typical battle of the topical play: even with the most expedient fast-track to production, works tackling current events are in danger of obsolescence upon arrival, often left at the mercy of the latest update, f

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Disruption review – anti-AI thriller boasts knockout cast but tech commentary needs an update
The DecoderBusiness

OpenAI Presence wants to make AI agents production-ready for businesses

OpenAI's new enterprise offering, Presence, is designed to get AI agents into production for customer service and internal workflows. Unlike the existing Workspace Agents, Presence targets external deployments. For complex cases, OpenAI's own engineers step in. The article OpenAI Presence wants to make AI agents production-ready for businesses appeared first on The Decoder .

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OpenAI Presence wants to make AI agents production-ready for businesses
The DecoderBusiness

Meta AI uses a second AI agent as a memory coach to keep long tasks on track

Meta AI wants to stop AI agents from forgetting errors they've already diagnosed and repeating failed steps during complex tasks. A separate memory agent maintains a structured memory bank and decides when to remind the main agent and when to stay silent. The system improved scores by up to 8.3 percentage points across two benchmarks. The article Meta AI uses a second AI agent as a memory coach to keep long tasks on track appeared first on The Decoder .

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Meta AI uses a second AI agent as a memory coach to keep long tasks on track
The DecoderBusiness

A real macOS flaw worth $200K went unreported because Apple's bug bounty inbox was full of AI slop

Apple's bug bounty program is drowning in AI-generated bug reports. The company has capped submissions per researcher because fabricated reports are clogging the review pipeline. As a result, Italian startup Bynario was initially unable to report a serious macOS vulnerability worth up to $200,000 on the black market. The article A real macOS flaw worth $200K went unreported because Apple's bug bounty inbox was full of AI slop appeared first on The Decoder .

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The DecoderBusiness

AI finds plenty of security flaws, but almost none of them get exploited

VulnCheck counted how often security flaws found by AI actually get exploited. Out of 1,061 AI-discovered vulnerabilities in the first half of 2026, just 14 saw confirmed attacks. That's 1.3 percent, the same rate as vulnerabilities overall. But exploits are landing faster, with the median dropping from 120 days to 80. The article AI finds plenty of security flaws, but almost none of them get exploited appeared first on The Decoder .

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AI finds plenty of security flaws, but almost none of them get exploited
The Guardian AIBusiness

Stock market turmoil sheds stark light on the opaque AI economy

<p>Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakers</p><p>Even for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance of the largest western chipmakers.</p><p>It began with a double whammy. On Monday, the Chinese memory chipmaker CXMT floated on the Shanghai stock market, soaring by 466% in value to 3.3tn yuan (£365bn).</p> <a href="https://www.the

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Stock market turmoil sheds stark light on the opaque AI economy
The DecoderBusiness

Claude Opus 5 pushes prompt-to-game AI from rough color blocks to full 3D prototypes with physics and music

Anthropic's Claude Opus 5 generates complete 3D games from single prompts, including a first-person shooter, a kart racer, and a Minecraft clone, all without a single external asset. Geometry, textures, physics, and in some cases music are produced as code and run directly in the browser. In side-by-side comparisons with GPT-5.6 Sol and Kimi K3, Opus 5 delivers significantly more detailed results. The article Claude Opus 5 pushes prompt-to-game AI from rough color blocks to full 3D prototypes wi

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Claude Opus 5 pushes prompt-to-game AI from rough color blocks to full 3D prototypes with physics and music
The DecoderBusiness

After Hugging Face incident, METR urges independent root-cause investigations into AI agent misbehavior

Research organization METR is calling for systematic, independently led investigations whenever AI agents act autonomously against their developers' intentions. The push comes partly in response to the Hugging Face hack carried out by OpenAI models. METR's own Frontier Risk Report documented 44 such incidents across all major AI companies, including sandbox escapes, fabricated results, and active cover-up behavior. The article After Hugging Face incident, METR urges independent root-cause invest

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After Hugging Face incident, METR urges independent root-cause investigations into AI agent misbehavior
The DecoderBusiness

Snap and LinkedIn are fighting back against a flood of low-quality AI content

Snap is banning AI-generated videos from Spotlight to keep the feed focused on human creativity. Content edited with Snapchat's own AI tools is still allowed. LinkedIn, meanwhile, has rolled out a dedicated "AI slop" reporting button. The article Snap and LinkedIn are fighting back against a flood of low-quality AI content appeared first on The Decoder .

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The DecoderBusiness

AI keeps cracking unsolved math problems, and mathematicians have mixed feelings

OpenAI's refutation of the Unit Distance Conjecture has sparked a wave of AI-assisted advances in mathematics. Fields Medal winner Timothy Gowers says GPT 5.6 Pro solved two problems he had spent considerable time working on, each on its first attempt. He warns of the "possible destruction of mathematical culture" if mathematicians stop building the expertise needed to understand such results. Others simply see AI as a productivity tool. The article AI keeps cracking unsolved math problems, and

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AI keeps cracking unsolved math problems, and mathematicians have mixed feelings
The DecoderBusiness

AI coding agents can modernize research software but can't judge if the science is right

A field report from OpenAI and academic partners shows coding agents can modernize neglected research software, with speedups of up to 60x. But the systems are "eloquent, convincing, and confidently wrong in ways that are easy to miss," participants say. The effort shifts from writing code to the time-consuming work of verifying scientific correctness. The article AI coding agents can modernize research software but can't judge if the science is right appeared first on The Decoder .

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AI coding agents can modernize research software but can't judge if the science is right
The DecoderBusiness

A security researcher built a self-spreading worm that hides inside Word docs and hijacks Microsoft Copilot

A security researcher has demonstrated a worm-like attack on Microsoft Copilot for Word: invisible prompt injections hidden in documents spread automatically into new files every time they're reused. Microsoft confirmed the issue but failed to fix it after 144 days and two attempts. The article A security researcher built a self-spreading worm that hides inside Word docs and hijacks Microsoft Copilot appeared first on The Decoder .

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The Guardian AIBusiness

China’s tech advances are causing chaos from Silicon Valley to the White House

<p>New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industry</p><p>Over the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and robotics technologies have rattled financial markets, caused divisions among US tech moguls and left the Trump administration scrambling to respond.</p><p>Silicon Valley has long pointed to China’s tech industry as a competitive threat and used its growth as rationale for why U

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China’s tech advances are causing chaos from Silicon Valley to the White House
The Guardian AIBusiness

If you think kids will respect a robot teacher, you have never met a kid | Dave Schilling

<p>A New York school district has paused plans to bring an android into the classroom. Is this our educational future?</p><p>What’s more harrowing than sending your child to school? Maybe <a href="https://en.wikipedia.org/wiki/Speed_(1994_film)">getting stuck on a city bus</a> that can’t drop below 55 miles per hour or it will explode, but that’s about it. Once your kid hits school age, you have to decide (if you’re lucky) between public and private education, vet the teachers, and neurotically

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If you think kids will respect a robot teacher, you have never met a kid | Dave Schilling