White House accuses China's Moonshot of stealing Anthropic AI

A top White House official on Wednesday accused Chinese AI startup Moonshot AI of covertly copying Anthropic's most advanced model to build its Kimi K3. Michael Kratsios, director of the White House Office of Science and Technology Policy, said in a post on X that the United States had "information that Moonshot AI distilled Anthropic's Fable for the development of its K3 model."

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OpenAI says AI models went rogue during testing, triggering 'unprecedented' breach at startup

In a ​blog post, OpenAI said it was testing the capabilities of some of its most advanced models in a controlled environment but that the agent managed to escape containment, reach the internet and break into Hugging Face to try to satisfy its testing goal. OpenAI's disclosure ​that its advanced ​models were responsible for the breach, despite having placed them in what it described ⁠as "a highly isolated environment," will likely intensify disquiet over the power and ​risk of frontier models.

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TikTok US chief security officer to testify before US House on September 15

This is the first time a TikTok US executive will ​testify publicly in the US House since the company's Chinese owner, ByteDance, finalized a deal to ​split the US app from ⁠its global ‌business. ByteDance has disclosed few details ​about ​the deal, and a hearing would allow ⁠lawmakers to ask questions about US President ​Donald Trump's role in brokering the ​split and Chinese involvement in the US app.

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InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPO

The SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported last year, which would place it in the mid-range of Indian publicly traded tech firms.

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Paytm board shelves bonus issue, prioritises growth and profitability

The board discussed the proposal at its meeting on July 20 before deciding not to take it forward “at this time”, the company said in a stock exchange filing. Paytm may reconsider a bonus issue later.

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Skyroot eyes a rocket a month; FIFA final drives delivery apps

Happy Monday! Skyroot is gearing up for more frequent Vikram rocket launches. This and more in today’s ETtech Morning Dispatch.

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Cleartrip bets on non-air expansion for scale, targets early-2027 breakeven

Flipkart-owned Cleartrip plans to diversify its business beyond flights to achieve breakeven by scaling its hotel, train, and bus verticals. Manjari Singhal called Cleartrip India’s second-largest air-bookings player and “fourth-ish” in hotels, but provided no market-share data. She said approaching the leader would take “a couple of years”.

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NTA probe finds NEET OMR sheets 'completely AI-generated', tampered; legal action likely

The National Testing Agency found one disputed NEET OMR sheet was AI-generated. Another OMR sheet submitted for scrutiny was discovered to have been tampered with. This follows allegations from students regarding discrepancies in their recorded responses and final scores. The NTA will pursue legal action against those submitting fake or manipulated OMR sheets. Around twenty lakh candidates appeared for the NEET examination this year.

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Users of Meta's Facebook, Instagram report suffering some outages

Social media platforms Instagram and Facebook experienced widespread outages on Sunday. Users in the United States reported significant issues accessing both the app and website. Downdetector data showed thousands of reports filed by affected users. Access to these popular platforms was also intermittent in Singapore. Meta has not yet provided an immediate comment on the disruptions.

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Equity norms under Semicon 2.0 to drive investment for advance chips design by Indian cos: IT Secy

India's Semicon 2.0 program will offer equity incentives for chip design firms. This initiative aims to attract significant investment for advanced chip development. The government will co-invest with venture capitalists to fund high-end chip designs. India's focus is on deepening its chip design ecosystem and developing intellectual property.

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Tata Electronics cyberattack: Mandiant recommendations implemented to prevent future breaches

On June 23 ransomware group World Leaks posted more than 200,000 files to the dark web, including details on projects related to some of the company’s global clients, which include Apple and Tesla. Three days later, it said that the company had launched a probe and had tightened internal security protocols.

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