Tag: Fintech Security

Meta Plans Up to $145 Billion in 2026 Capex as It Bets Big on AI

Meta expects capital expenditure of $135 billion to $145 billion in 2026. It plans to keep investing in AI infrastructure and in new products. The company shared the outlook with its third-quarter results on 21 October. Meta said its AI investments are already bringing in extra advertising revenue. It credits stronger engagement, better recommendations and more efficient monetisation. It expects these investments and new product...

SpaceX secures $40 billion debt for GPUs as Elon Musk predicts neocloud shakeout

SpaceX has closed a $40 billion debt financing deal to buy graphics processing units (GPUs) for AI infrastructure. CEO Elon Musk shared the news in a post on X. He also warned that tighter credit could trigger widespread consolidation among AI cloud providers. Musk said SpaceX secured the financing because of its investment-grade status. Revenue from Starlink and rocket launches also helped. His comments come...
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Fintech Identity Crisis: Imported Hardware’s Hidden Risks

India’s fintech sector confronts a stark reality: explosive deepfake-related cybercrime growth coincides with heavy reliance on imported electronic components, primarily from China and Hong...

Ransomware Breach Hits Marquis, Exposes Sensitive Customer Data

Fintech marketing and analytics provider Marquis has begun notifying U.S. banks and credit unions after a ransomware breach exposed sensitive customer information accessed through...

Inside the New Era of AI-Powered Cybercrime

A new generation of artificial intelligence tools is reshaping the structure of cybercrime, turning once-complex operations into automated, scalable, and easy-to-access systems. These AI-powered...

Karnataka, SISA Sign ₹150 Cr MoU for Cybersecurity Innovation

The Karnataka government has signed a Memorandum of Understanding (MoU) worth ₹150 crore with SISA, a global leader in forensics-driven cybersecurity solutions, to advance...