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Tesla’s former VP Andrej Karpathy shares AI coding ‘horror’, ‘Python supply chain attack’ that could have wiped millions of SSL private keys, database passwords, more; and Elon Musk ‘agrees’, says …

Andrej Karpathy, the former Tesla AI director and OpenAI cofounder, is calling a recent Python package attack “software horror”—and the details are genuinely alarming. A compromised version of LiteLLM, one of the most downloaded AI libraries on PyPI with 97 million monthly downloads, briefly turned a routine pip install into a credential theft operation capable…

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Middle East conflict sends Dalal Street into panic: Iran vs US-Israel war sparks India market crash; sensex, Nifty slide as $240 billion investor wealth wiped out in just one week

Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock Exchange and the National Stock…

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Why investors are turning to Canada’s main stock index after Claude AI tools wiped trillions from stock markets globally

Canada flag (representative image) As artificial intelligence (AI) continues to shake up global stock markets, investors are increasingly looking to Canada, a report has said, adding that the country’s main stock index – the Toronto Stock Exchange (TSX) – has emerged as a safe haven for investors that have been impacted by the AI-driven selloff…

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US-Iran War: What exactly is role of Middle East in semiconductor supply chain that has wiped off $200 billion from combined value of Samsung and SK Hynix

The ongoing conflict involving the United States, Israel and Iran has triggered volatility across global semiconductor stocks. This has raised concerns about how tensions in the Middle East could disrupt a supply chain that is the backbone of the artificial intelligence (AI)-driven chip boom. A report cited analysts who said the region plays a key…

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‘I over-relied on AI’: Developer says Claude Code accidentally wiped 2.5 years of data, shares advice to prevent loss

A developer’s AI-assisted server migration has gone badly wrong, taking down two websites and deleting all backups in the process. It started as a routine infrastructure move. It ended with a frantic call to Amazon support and a very expensive lesson in AI supervision. Alexey Grigorev, founder of AI Shipping Labs, recently published a post…

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TCS CEO on the ‘AI worry and anxiety’ that has wiped billions from stock markets globally, says: It is a …

Tata Consultancy Services CEO K Krithivasan has pushed back on the AI-fuelled panic sweeping through global software stocks, calling the notion that large language models will simply replace enterprise software “a far-fetched thing.” Speaking to Bloomberg, Krithivasan was direct. “Will the whole value chain be replaced by an LLM? That’s not going to happen,” he…

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IBM stock suffers worst single-day drop in 25 years over Anthropic’s COBOL tool: What it is and why it wiped billions of dollar for IBM

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the decades-old programming language that sits at the heart of IBM’s mainframe business. The stock fell 13.2% to close at $223.35, wiping roughly $40 billion…

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What is Anthropic’s new AI tool, Claude Code Security, that wiped off billions from cybersecurity stocks in one night

Anthropic’s new AI tool, Claude Code Security, scans for code vulnerabilities, prompting a multi-billion dollar stock market crash in the cybersecurity sector. While existing scanners use pattern matching, this AI reasons like a human researcher, identifying complex flaws. Despite its research preview status and human oversight requirement for fixes, the market reacted sharply to the…

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Elon Musk calls AI models of Anthropic the company that have wiped billions from stock market ‘Evil’; says: Your models hate …

Tesla CEO Elon Musk has now criticised rival AI company Anthropic whose recent AI updates triggered a nearly trillion-dollar selloff in enterprise software stocks and accused its models of being ‘misanthropic and evil’. The comments made by Musk came in response to Anthropic’s announcement on social media platform X (formerly known as twitter) that it…

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