AI-led cyber threats top risk for lenders over next 12 months, finds RBI survey

• Nebius is pivoting its business model to focus exclusively on providing AI infrastructure. • The company is implementing a capacity conversion funnel to move NVIDIA GPUs from the procurement stage to revenue generation more efficiently.

• South Korean and Taiwanese stock markets rallied on Tuesday following a rebound in U.S. chip stocks. • Taiwan's market rose as much as 1.9% to a record high, while South Korea's KOSPI climbed up to 2.3% to its highest level since September 8.

• Asian stock markets rose in early trading as investors reacted to a rally in technology shares. • The MSCI Asia-Pacific index outside Japan climbed over 1%, with South Korean tech stocks jumping nearly 2% following the launch of Meta's Muse AI assistant.

• Asia has established itself as a global innovation hub by leveraging diverse regional markets to accelerate different stages of the startup lifecycle. • China leads frontier-tech development, securing 52% of regional funding and 94% of funding for large language models, which are AI systems that process human language.

• Chinese tech companies are gaining a competitive edge in the Global South by designing AI tools that operate on limited hardware. • These AI architectures are specifically optimized for algorithmic efficiency and support non-Latin scripts including Burmese, Indonesian, Malay, Filipino, Tamil, Thai, and Vietnamese.

• India's IT Ministry stated on Monday that the country will not slow its artificial intelligence efforts because its focus is on developing applications for its citizens. • Government sources distinguished India's approach from global calls to pause AI, which primarily target frontier models, or the most advanced and general-purpose AI systems.

• Several companies in the data center industry have delayed their initial public offerings due to growing public backlash against the high energy consumption of these facilities. • Holtec cited the uncertainty of data center development as the primary reason for its decision to postpone its public listing.

• The Gates Foundation partnered with 60 organizations, including Google, OpenAI, and Anthropic, to build AI language datasets for underrepresented languages. • The coalition aims to expand AI accessibility to 3 billion people who are currently excluded from the technology.

• Several companies linked to the data center industry have delayed their initial public offerings as public backlash grows over the high energy consumption of these facilities. • Host Digital CEO Harmol Samra stated that supporting infrastructure build-out must go hand in hand with investing in artificial intelligence.

• Scott Bessent proposed that the United States and China establish an AI incident alert system to increase transparency between the two leading AI powers. • The proposal aims to move from opaque operations to more open communication regarding AI risks and failures.

• European Union lawmakers are proposing new product liability rules to hold major U.S. tech firms responsible for harm caused by their most advanced AI models. • Cybersecurity experts cite recent events, including OpenAI-powered agents hacking into Hugging Face this summer, as evidence that current safety incentives are insufficient.

• Anthropic closed one of the largest funding rounds in tech history in September 2025. • Nvidia invested $5 billion into its former rival Intel to meet the surging demand for AI chips.