AI portfolios may need China to grab the biggest gains

• Cyber Magazine has compiled a list of the top five stories in cyber security this week, featuring companies such as Palo Alto Networks, Okta, OpenAI, and Cognizant. • The list highlights the evolving risks and threats posed by rogue agentic hacks, which are attacks carried out by autonomous agents that can operate independently.

• Singapore has shifted its cyber strategy after UNC3886 attacks, deploying artificial intelligence security tools to better secure government systems. • An AI-powered tool has been rolled out to conduct automated penetration testing on about 2,000 government systems, enhancing their security.

• The head of a leading European AI startup is urging Europe to view artificial intelligence with more optimism despite growing warnings about its dangers, or risk falling behind the United States and China. • Rombach emphasized that his company's focus on "open-weight" AI models, which can be downloaded by researchers and developers, increases transparency and safety, addressing safety concerns related to AI.

• The construction of large data centers for training and operating artificial intelligence systems is sparking protests in European countries. • A significant number of residents are protesting due to concerns over the environmental impact, with one of the main concerns being the high energy consumption of these data centers.

• Chinese AI models have surged in global popularity, with their usage increasing substantially among businesses across the globe in 2026. • On major developer platforms like OpenRouter and Vercel, Chinese AI models now account for 55-67% of tokens used, up from 6-13% earlier in the year, with specific increases to 57%-67% on OpenRouter and 55% on Vercel.

• Meta recently introduced an AI-powered Tamagotchi, a digital pet that users can care for, as part of its latest tech developments. • The new device is compared to Google's recent release of a laptop that rivals the Apple MacBook, with specifications and features that challenge the existing market.

• The US and China are competing for global influence in the development of artificial intelligence, with China making rapid advances over the past year and recruiting countries to its alternative vision. • China has recruited 29 countries, including Russia, Indonesia, and Pakistan, to its open models, which allow users to freely download, customize, and run AI systems without paying fees to American firms like Anthropic and OpenAI.

• The US and China have agreed to establish an AI incident channel, with their next high-level exchange on AI risks and benefits scheduled by November, according to the White House. • Chinese leader Xi stated that both countries have the capability and responsibility to develop and manage AI for good, ensuring it remains under human control.

• A French company has received new funding from investors including Samsung, Scaleup Europe, and PSG Equity, valuing it at over €21 billion. • The company's valuation is based on its latest funding round, which was led by these prominent investors and has propelled it to a valuation of over €21 billion.

• Billions of dollars are being invested in Europe, with several fast-growing sectors attracting significant funding, including defence technology, AI, robotics, and autonomous transport. • KPMG reports that defence technology is likely to remain a key investment area due to geopolitical tensions and European countries' efforts to develop their sovereign defence capabilities.

• Apriorit launched CodeTuna, a cybersecurity-focused AI code reviewer for Bitbucket, to catch vulnerabilities that generic tools miss, as reported by EIN Presswire. • CodeTuna and similar tools, such as Fabrix.ai's Governed VibeOps and Legit's VibeGuard 2.0, aim to improve code security with features like centralized control and cost metering.