Recent #Banking news in the semiconductor industry

22 days ago

➀ The article explores the potential impact of an AI bubble burst on individuals, even if they haven't directly invested in AI companies;

➀ Shadow banking systems, which lend to AI firms at high interest rates, may transfer risks to regulated banks through securitization and insurance, potentially burdening taxpayers;

➂ The financial sector could profit from speculative cycles while governments and taxpayers absorb losses, mirroring past financial crises.

AIBankingFinancial
about 1 year ago
➀ Chinese researchers have successfully executed the first quantum attack on widely used encryption algorithms using a D-Wave quantum computer, posing a significant threat to military and banking sectors. ➁ The attack targets SPN algorithms, which are considered crucial for digital security. ➂ The researchers warn that the future of encryption is at stake, and traditional encryption methods may soon become obsolete.
BankingChinaD-WaveEncryptionMilitarycybersecurityquantum computing