Singapore Tech News, Features & Reviews

Revolut has confirmed that sensitive customer information was disclosed to an unauthorised third party after fraudulent data requests were sent from an email account operating within a legitimate government agency domain. The British fintech said the sophisticated impersonation attack affected a limited number of customers, while its systems and customer funds remained secure, raising fresh concerns about how financial firms verify official requests for private data.

Anthropic CEO Dario Amodei has urged leading artificial intelligence companies to slow the development of increasingly powerful models, arguing that safety testing and external oversight are not keeping pace with rapidly advancing capabilities. His proposal calls for independent evaluators, shared industry standards and international cooperation as concerns grow over the misuse of AI in cyber operations, surveillance, fraud and weapons-related work.

OpenBMB has released MiniCPM5-2B, a compact open-weight artificial intelligence model designed for local assistants, coding, tool use and agent tasks on devices with limited computing power. Despite containing about 2.52 billion parameters, it ranked highest among open-weight systems below four billion parameters on Artificial Analysis Intelligence Index version 4.2 at launch, highlighting how quickly smaller AI models are improving for practical, on-device use.