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US Agencies Accuse China-Based AI Firms Of 'Malicious' Copying Of American Models
US Agencies Accuse China-Based AI Firms Of 'Malicious' Copying Of American Models
Federal cybersecurity and intelligence agencies on Tuesday accused six China-based artificial intelligence companies of running industrial-scale campaigns to extract proprietary features from leading U.S. models.
DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Z.AI were all named in the joint advisory.
Officials alleged the companies, "likely with Chinese government awareness," pulled billions of tokens across millions of requests from U.S. AI systems. The list included variants of Claude, GPT, Gemini, and Grok. The activity dates back to at least late 2024.
Cybersecurity...
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Mar 21, 2026 / Tyler Durden
The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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Jul 23, 2026 / Tyler Durden
ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
The European Central Bank kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East.
The ECB reiterated it won’t pre-commit but act one meeting at a time based on information as it arrives.
"Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out," the lender of last resort for the 21 countries that use the euro...
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Apr 19, 2026 / Kyle Anzalone
Iran Warns Window for Diplomacy Is Rapidly Closing
A senior Iranian official said President Donald Trump’s maximalist demands and erratic behavior are harming the diplomatic process. “Our assessment is that Trump effectively lacks both a coherent plan and the capacity to secure even a temporary agreement. His decision-making appears to be grounded in Israeli political and security assessments, conveyed to him on a […]
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