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Ace Finance Desk

BOE GOV. Andrew Bailey Said AI Boom Could Trigger Market Shocks U.K Has to be Prepared

Ace Finance Desk – Artificial intelligence (AI) could trigger financial market shocks and the UK needs to be prepared for them, the governor of the Bank of England has warned according to Mitchell Labiak, Business reporter and Faisal Islam, Economics editor Andrew Bailey said the central bank is watching the huge amounts of money being invested in AI “very […]

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Ace Tech Desk

AI Author-Driven Lawsuits Increase as Book Publishers Have Filed Roughly 10 of their Own

Ace Tech Desk – There’s at least 15 author-driven lawsuits underway against AI companies, while publishers have filed roughly 10 more coordinated suits of their own, notes Publisher’s Weekly. Yet “While the lawsuits play out, some publishers are building bridges.”Google recently announced a partnership with Bloomsbury, De Gruyter Brill, Johns Hopkins University Press, Macmillan, O’Reilly […]

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Ace Security Desk

U.S FTC Opens Investigation into AI Firms Over Dangers to Consumers

Ace Security Desk – FTC launches probe into OpenAI, Anthropic over model consumer risks according The Hill News Report The Federal Trade Commission (FTC) has opened an investigation into AI firms OpenAI and Anthropic over the potential dangers their models pose to consumers. The probe, confirmed by an FTC spokesperson, follows months of warnings about […]

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Ace Tech Desk

Silicon is Starting to Design Silicon Chips & How AI is Being Used in Chipmaking

Ace Tech Desk – Silicon is starting to design silicon — how AI is being used in chipmaking, from EDA tools to OpenAI’s Jalapeño and beyond according to Toms Hardware By Anton Shilov In late August, Architect Labs claimed it had designed a chip that was almost entirely developed by AI, an industry-first achievement. AI is already […]

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Ace Business Desk

US & China Statement: Agree to Cut Reciprocal Tariffs on $US60 Billion Worth of Goods

Ace Business Desk – In short: China and the US have pledged reciprocal tariff cuts on $US60 billion worth of goods. Agricultural products, live animals and toys are on the lists: ABC/Wires By Patrick Martin, Xiaoning Mo News Report: Published: Tue 29 Sep 2026 at 1:18pm Both countries say the deal will help boost trade, but experts say […]

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Ace Security Desk

Australias OpenAI Medicare Breach Fuels Parliamentary Inquiry Next Week

Ace Security Desk – In short: Australia is moving to ensure cyber authorities and affected organisations are alerted when AI agents cause security incidents. Cyber experts warn reporting incidents will not be enough without stronger systems to detect and defend against them: By chief digital political correspondent Clare Armstrong Published: Tue 29 Sep 2026 at 4:56am […]

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Ace Security Desk

INVESTIGATION: OpenAI Breach of GOV. Website Strengthens Australia’s Case for Tougher AI Safety Rules

Ace Security Desk – In short: OpenAI’s handling of a rogue agent accesses government data has strengthened Australia’s push for strict rules around AI transparency and incident reporting. The federal government will pursue strong safeguards to ensure the country is not at the “mercy” of foreign artificial intelligence companies: By chief digital political correspondent Clare Armstrong […]