AI Bot Millionaire Hacked

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As we enter this brave new era, industries are racing faster than a caffeinated squirrel on a sugar high, all in a desperate attempt to keep up with the rise of AI Agnet.

HEADLINES

AI Bot Millionaire Terminal of Truth Hacked, Losing $600,000

Terminal of Truths became the world's first AI bot millionaire because of the excitement around the Goatseus Maximus ($GOAT) token. Unfortunately, this also made it a target for hackers.

• Andy Ayrey is the developer of the Terminal of Truths. His X account was hacked. This led to a pump-and-dump scheme involving the scam token Infinite Backrooms (IB), causing a loss of $602,500.
• Following the breach, Ayrey transferred all his $GOAT tokens and announced the implementation of stronger security measures, including hardware keys and the removal of phone-based two-factor authentication.
• The Terminal of Truths' association with the $GOAT token highlights a growing trend of AI-driven memecoins, which blend internet culture with cryptocurrency.

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HEADLINES

KPMG's Future Blueprint: AI Agnets

KPMG, one of the Big Four accounting and consulting firms, is making important progress in artificial intelligence, especially with AI agents. Their focus on AI agents is part of a larger plan to improve service delivery and stay competitive in the consulting industry.

• The firm has made a strategic minority investment in Ema, a startup specializing in AI agents. Ema's technology enables the creation of goal-driven systems that autonomously plan and execute tasks under human oversight.
• KPMG is forming strategic partnerships, including a notable alliance with Microsoft, to enhance its AI capabilities.
• KPMG is piloting AI agents within select business groups to integrate these technologies with its existing expertise.

QUICK HEATS

• Samsung Electronics' chip profit plummeted 40% in Q3, despite overall sales exceeding expectations.
• OpenAI has launched a search feature for ChatGPT on the web, starting today for Plus and Team users, with broader access coming soon.
• Megan Thee Stallion has filed a lawsuit against influencer Milagro Gramz for deepfake harassment and emotional abuse.
• Microsoft CFO announces a projected $1.5 billion loss this quarter due to its investment in OpenAI.
• Mark Zuckerberg announced that Meta will continue its substantial investments in AI development, which contributed to beating Q3 revenue expectations.

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