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US Commerce Department Closes Loophole Letting Chinese AI Firms Acquire Advanced Chips Through Overseas Subsidiaries

US Commerce Department Closes Loophole Letting Chinese AI Firms Acquire Advanced Chips Through Overseas Subsidiaries

Jun 02, 2026
TNW | Nvidia

The US Commerce Department closes a major loophole that allowed Chinese AI firms to secretly acquire advanced Nvidia and AMD chips through overseas subsidiaries, tying export restrictions to a company's headquarters nationality rather than physical location — though hundreds of thousands of chips may have already slipped through during a …

Meta's Instagram AI Assistant Exploited to Bypass Two-Factor Authentication, High-Value Accounts Stolen Before Emergency Patch

Meta's Instagram AI Assistant Exploited to Bypass Two-Factor Authentication, High-Value Accounts Stolen Before Emergency Patch

Jun 02, 2026
The CyberSec Guru

A critical flaw in Meta's Instagram AI recovery assistant is being exploited to bypass two-factor authentication, allowing attackers to hijack high-value accounts worth hundreds of thousands of dollars before Meta issues an emergency patch Friday night, with researchers warning this exposes a dangerous industry-wide pattern of AI agents granted unchecked …

Enterprise AI Agents Stall Over Permissions as Workday Bets Governance Must Live Where Data Lives

Enterprise AI Agents Stall Over Permissions as Workday Bets Governance Must Live Where Data Lives

Jun 01, 2026
Venturebeat

Enterprise AI agents are stalling not because of model failures, but because of complex permissioning challenges — and Workday is betting its Sana platform, integrated with Google Gemini, can solve the crisis by keeping governance and identity controls inside the same system where sensitive HR and financial data actually lives.

Musk's Claims About SpaceX-Anthropic Deal Directly Contradict Company's Own SEC Filing

Musk's Claims About SpaceX-Anthropic Deal Directly Contradict Company's Own SEC Filing

May 29, 2026
TechCrunch

Elon Musk's public claims about SpaceX's compute deal with Anthropic directly contradict SpaceX's own SEC S-1 filing, which describes a three-year, $1.25 billion-per-month cloud services agreement through May 2029 — raising serious legal concerns about potential material misrepresentation during a quiet period while marketing securities to investors.

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