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Algorithms won’t decide 2027 elections, says INEC chair

  • Punch Newspapers
  • Published date: 2026-10-14 23:35:09

INEC Chairman Prof Joash Amupitan says algorithms will not determine the 2027 elections, insisting the choice of who governs Nigeria rests with voters. Read More: https://punchng.com/algorithms-wont-decide-2027-elections-says-inec-chair/

The Odds of a Rate Hike Just Doubled

  • investorplace.com
  • Published date: 2026-10-14 22:23:49

Inflation runs hot again… an October rate hike is now at 49%… Jonathan Rose goes live at 8 p.m.… the AI arms race in cybersecurity… why it’s an “Inevitable” investment This morning’s Consumer Price Index (CPI) report put an October rate hike squarely back on …

Shares of Oracle, neoclouds drop on CoreWeave debt concerns

  • Maria Deutscher
  • Published date: 2026-10-14 22:20:46

Shares of Oracle Corp., DigitalOcean Inc.. and several other tech firms dropped today after a chart about CoreWeave Holdings Inc.’s finances went viral on X. CoreWeave operates a cloud platform optimized for artificial intelligence workloads. The company has …

Report: AI Is Helping to Drive Most Ransomware Attacks

  • Bob Cronin with Newser.AI
  • Published date: 2026-10-14 22:15:00

Cybercriminals aren't just dabbling in AI anymore—they're building their business on it. A new global survey from cybersecurity firm Semperis found that 84% of organizations hit by ransomware say artificial intelligence was used in the attack, and nearly half…

5 Things JPMorgan’s AI Agent Warning Means for Banking

  • Julie Muhn (@julieschicktanz)
  • Published date: 2026-10-14 21:25:06

On JPMorgan’s third quarter earnings call yesterday, CEO Jamie Dimon expressed concern about AI agents, while CFO Jeremy Barnum discussed the risks of credential sharing and screen scraping. JPMorgan has one of the largest technology budgets in the banking se…

AI cloud startup Modal raises $750M at $15.75B valuation

  • Maria Deutscher
  • Published date: 2026-10-14 20:28:33

Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in funding.  Accel led the Series D round. It was joined by Kleiner Perkins and a half-dozen existing Modal investors. The company is now va…

Microsoft says AI is less regulated than milk and washing machines

  • Bradly Shankar
  • Published date: 2026-10-14 20:28:04

Microsoft president Brad Smith is calling for more AI regulations. Speaking to BBC News, the executive noted that milk and washing machines are even more regulated than AI. To address these gaps, Smith called for global safety rules that include legal require…