Ant International drives AI in cross-border payments to boost global expansion

Ant International drives AI in cross-border payments to boost global expansion

Singapore-headquartered Ant International said it has developed an AI model that predicts currency exchange rates on an hourly basis for both inbound and outbound transactions, which would help businesses reduce transaction costs and better allocate resources, the company said in a statement on Thursday. “Integration of AI into the processing of cross-border transactions is of … Read more

Hong Kong Tech And Digitial Media Graduates Arrested For $46M Deepfake AI Scam Targeting Men In Singapore And India

Hong Kong Tech And Digitial Media Graduates Arrested For M Deepfake AI Scam Targeting Men In Singapore And India

A deepfake romance scam that netted millions from across Asia has led to the arrest of several Hong Kong tech and digital media graduates. A seemingly beautiful woman had captured the hearts of men across Asia, but their online romance was a carefully crafted illusion. Hong Kong police revealed the woman was a deepfake, part … Read more

Deepfakes a nuisance, strict action will be taken: CEC Rajiv Kumar

Deepfakes a nuisance, strict action will be taken: CEC Rajiv Kumar

Chief Election Commissioner Rajiv Kumar on Tuesday warned of strict action against those involved in spreading fake narratives about polls using Artificial Intelligence and deepfakes. Kumar said the commission tackled the issue successfully during Lok Sabha polls through continuous monitoring from control rooms. “Deepfake is a serious issue. It is disturbing all elections world over. … Read more

Trump Falsely Claims Harris Used AI to Create Massive Crowd

Trump Falsely Claims Harris Used AI to Create Massive Crowd

Despite what former President Donald Trump claimed on Truth Social on Sunday, Vice President Kamala Harris’s 15,000-person crowd in Michigan was not fake or created with AI. Trump claimed on Sunday that Harris “cheated” and “A.I.’d” the crowd of supporters who greeted her when she arrived at the airport in Detroit on Wednesday. “There was … Read more

Elon Musk Sparks AI Debate With Viral Kamala Harris Deepfake Video [Watch]

Elon Musk Sparks AI Debate With Viral Kamala Harris Deepfake Video [Watch]

With the US presidential election just around the corner, concerns about the misuse of artificial intelligence have intensified due to a video that falsely mimics Vice President Kamala Harris’s voice. Portraying Harris as saying things she never actually did, the video falsely depicts Harris saying things she never actually said. The video has ignited a … Read more

Will the AI chatbot wave come for the federal government?

Will the AI chatbot wave come for the federal government?

Delayed air passengers, disgruntled phone customers and even hungry people craving a slice of pizza increasingly find their pleas to private companies being answered by artificial intelligence. Soon Canadians who need to reach out to the federal government could also find themselves talking to an employee who’s been helped by non-human assistants. Ottawa is working … Read more

AI Transforms A Mom’s Innocent Bathroom Selfie Into Fake Nude Image

AI Transforms A Mom’s Innocent Bathroom Selfie Into Fake Nude Image

Serbian women whose AI-generated nude photos have surfaced online are finding themselves defenceless against the emerging technology that is fueling deepfake pornography. In 2020, Adrijana Petkovic took a seemingly harmless bathroom selfie in her home in Knjazevac, a small town in eastern Serbia. Four years later, the photo surfaced unexpectedly. Her husband received it from … Read more

Police Arrests Teenage Boy Who Circulated AI-Generated Nude Images Of 50 High School Girls

Police Arrests Teenage Boy Who Circulated AI-Generated Nude Images Of 50 High School Girls

A teenager in Australia was arrested for creating and sharing AI-generated nude images of over 50 female students at their school. Bacchus Marsh Grammar School in Victoria reported that images of their students were manipulated with artificial intelligence to create highly offensive and explicit content. These altered images were then shared on social media platforms … Read more

Google research shows the fast rise of AI-generated misinformation

Google research shows the fast rise of AI-generated misinformation

From fake images of war to celebrity hoaxes, artificial intelligence technology has spawned new forms of reality-warping misinformation online. New analysis co-authored by Google researchers shows just how quickly the problem has grown. The research, co-authored by researchers from Google, Duke University and several fact-checking and media organizations, was published in a preprint last week. The … Read more

UK Engineering Firm Behind ‘Sydney Opera House’ Loses $25 Million To Deepfake Scam

UK Engineering Firm Behind ‘Sydney Opera House’ Loses  Million To Deepfake Scam

Arup, a British engineering giant, fell victim to a sophisticated deepfake scam. An employee, duped by an AI-generated video call, unknowingly transferred HK$200 million (£20 million / $25 million) to criminals. Back in February, Hong Kong police revealed a case in which a worker at an undisclosed company fell victim to a hoax call. “Posing … Read more