• News Minimalist
  • Posts
  • Indian data breach, carbon bomb financing, Alibaba's AI leap, and Bitcoin ETF optimism

Indian data breach, carbon bomb financing, Alibaba's AI leap, and Bitcoin ETF optimism

Today ChatGPT read 1233 top news stories. After removing previously covered events, there are 4 articles with a significance score over 7.

[7.3] Personal details of 815 million Indians leaked online. — Hindustan Times

Personal details of over 815 million Indians have been leaked online, allegedly sourced from the Indian Council of Medical Research. A hacker posted the data on a forum, including, names, phone numbers, addresses, and passport information.

[7.2] Banks financed "carbon bomb" projects, exceeding carbon budget fourfold. — The Guardian

Banks provided over $150 billion in financing last year to companies operating "carbon bomb" projects, which could release over one gigaton of carbon dioxide each and exceed the remaining carbon budget four times over. Between 2016 and 2022, banks in the US, China, and Europe provided $1.8 trillion in financing to these projects. JPMorgan Chase was the largest financier, providing over $141 billion, followed by Citi and Bank of America.

[7.1] Alibaba upgrades AI model and releases industry-specific models. — Reuters

Alibaba has updated its AI model Tongyi Qianwen to version 2.0, which now has "hundreds of billions of" parameters, making it one of the world's most powerful AI models. The company has also released eight industry-specific AI models for entertainment, finance, healthcare, and legal industries.

[7.0] Bitcoin surge expected with potential approval of spot bitcoin ETF. — Reuters

Bitcoin is experiencing a surge in October, with investors anticipating the approval of a spot bitcoin exchange-traded fund (ETF) by U.S. regulators. Estimates for the potential cash inflow into a spot bitcoin ETF range from $3 billion on its first day to $55 billion over five years, with some market players comparing it to the impact of gold ETFs.

Want to read more?

See additional news on newsminimalist.com.

Thanks for reading us and see you tomorrow,

Vadim

Join the conversation

or to participate.