18 countries have developed a detailed set of guidelines on AI cyber security. Participants include the USA, UK, Canada, Italy, France, Germany, Australia, Israel, Japan, New Zealand, Nigeria, Norway, South Korea, and Singapore.
Dasset, a cryptocurrency exchange in New Zealand, has left its users unable to access their holdings. Attempts to log onto the official site redirect customers to the webpage of the law firm Grant Thornton. A released statement details that Grant Thornton will control the liquidation process of the exchange. It has immediate plans to cooperate with all customers to safeguard all the residual funds. "Dasset’s management says a significant reduction in asset values and trading levels impacted its ability to trade profitably. It was determined the appointment of liquidators was in the best interests of all stakeholders," Grant Thornton highlighted.
Microsoft is offering to its China-based employees, especially AI specialists, to relocate to another country due to rising China-U.S. tech tensions. The main relocation options are the U.S., Ireland, Australia, or New Zealand.
At a parliamentary committee session, New Zealand central bank governor Adrian Orr voiced his skepticism towards stablecoins, labeling them as inherently unstable. He argued that their reliability is solely contingent on the financial reserves of the issuing entity. The governor also dismissed the notion of Bitcoin or any similar cryptocurrency as a viable substitute for fiat money or a store of value.
A New Zealand supermarket’s AI-powered meal planning app has concocted unusual and even hazardous recipes. Developed by Pak ‘n’ Save, the app was meant to aid customers in creatively using leftover ingredients during the cost of living crisis. However, as users input a wider range of household items, the app offered increasingly questionable recommendations. Suggestions included a bleach “fresh breath” mocktail, ant-poison and glue sandwiches, “bleach-infused rice surprise,” and “methanol bliss” – a peculiar turpentine-flavored French toast.
