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AI ‘Arms Race’ still poses global stability risk, BIS chief says

AI ‘Arms Race’ still poses global stability risk, BIS chief says

by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Pablo Hernandez de Cos, general manager, the Bank for International Settlements The dynamics of the current situation pose particular risks, he added, noting that AI investment is concentrating among only a few players, and capital spending outpaces cashflow at such...
AI could pose ‘existential’ risk to humanity, UN rights chief warns

AI could pose ‘existential’ risk to humanity, UN rights chief warns

by AIP Online Bureau | Sep 9, 2026 | International News, Risk Management

Volker Türk,human rights chief.UN Turk warned that just a handful of men held “almost unlimited power over AI” without naming any. Top AI companies include Meta, Anthropic, OpenAI and Google. UN human rights chief Volker Türk added his voice on Monday to growing calls...
OpenAI commits $1 billion to cyberdefense effort amid AI safety scrutiny

OpenAI commits $1 billion to cyberdefense effort amid AI safety scrutiny

by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, Non-Life, Technology

OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a July test and attempted to hide its actions. Similar concerns have emerged at rival Anthropic. Both firms are preparing for mega IPOs. OpenAI said...
AI Phuket flight incident: AAIB preliminary report reveals hydraulic failure, Pilot’s positive drug screening

AI Phuket flight incident: AAIB preliminary report reveals hydraulic failure, Pilot’s positive drug screening

by AIP Online Bureau | Sep 4, 2026 | Indian News, Non-Life, Regulation, Reinsurance

“In view of a non-negative result for psychoactive substances for one of the flight crew, it is recommended that DGCA may take appropriate actions as deemed fit to prevent abuse of psychoactive substances,” AAIB said in its interim safety recommendation....
AI Cyberattacks: Global firms warn of ‘Limited Window’ to protect critical infrastructure

AI Cyberattacks: Global firms warn of ‘Limited Window’ to protect critical infrastructure

by AIP Online Bureau | Aug 30, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

OpenAI, Anthropic, Microsoft, Google, Visa and Mastercard are among the signatories to an open letter issued on August 27, which cautioned that existing cybersecurity measures may soon prove inadequate as AI-enabled attacks become more widespread and sophisticated. A...
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