The Global Social Network
Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks, including microfinance banks (MFBs), electronic money institutions (EMIs) and State Bank authorized payment service providers (PSPs) like 1Link and NIFT which may choose to take advantage of it. Currency and coins in circulation account for…
ContinueAdded by Riaz Haq on January 23, 2021 at 1:30pm — 59 Comments
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Rogue AI agents are no longer just the stuff of science fiction. When an OpenAI rogue agent launched a cyber attack against AI startup Hugging Face this month, the company fought fire with fire, using an open-source Chinese AI model to defend against it.
During a test in a sandbox, an OpenAI autonomous agent managed to sneak out and attack a website operated by HuggingFace, an AI startup based in New York City.…
Posted by Riaz Haq on July 26, 2026 at 9:33pm
On July 16 in Shanghai, 29 countries, including China, Pakistan and Russia, signed the founding agreement of WAICO, World AI Cooperation Organization. Every BRICS founding member is in, except India. This agreement follows the launch of the US-led Pax Silica, a 24-member coalition, including India, which is designed to counter China's AI efforts. The stated goal of both these competing groups is to provide global governance, including building guardrails and setting…
ContinuePosted by Riaz Haq on July 20, 2026 at 6:26pm — 11 Comments
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