ByteDance is expanding its AI efforts with Doubao, a chatbot now capable of generating realistic videos from text and images. This move strengthens ByteDance's position in China's fast-growing AI market, though it faces tough competition from rivals like Kuaishou.

Alibaba has launched a new AI-powered video generator called Qwen 2.5, allowing users to create high-quality videos from text prompts in both Chinese and English. This tool enhances Alibaba's Tongyi Wanxiang portfolio and aims to serve various industries, simplifying video production by integrating audio and offering unlimited free usage.

Golden Finance launched the 2476th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

With deepfakes rising in generative AI, YouTube plans to introduce two tools to protect creators' intellectual property. While the details of these tools are promising, the platform has yet to disclose their official release dates.

Cato Networks has raised concerns about the ProKYC deepfake tool, which allows criminals to bypass KYC checks by creating fake identities and realistic videos for cryptocurrency exchanges. This advanced fraud technique has led to significant financial losses, highlighting the need for stronger security measures in financial institutions.

Apple’s unveiling of the new iPhone16 models was disrupted by deepfakes of CEO Tim Cook promoting a cryptocurrency scam. Alarmingly, YouTube's search algorithm prioritised this fraudulent stream, highlighting concerns about the platform's user protection.

Blockchain detective ZachXBT just exposed another set of hackers who used a social engineering scam to steal over $240 million in Bitcoin from a wealthy victim.

China's new regulations require digital platforms to clearly label all AI-generated content, including text, images, videos, and audio files. The rules mandate visible logos and metadata, voice prompts for audio, and user identification for AI-generated posts to enhance transparency and prevent misinformation.

Google has launched a new video search feature that allows users to point their camera at objects and ask questions, providing relevant search results. This initiative, part of their ongoing AI enhancements, aims to improve user interaction and maintain Google’s dominance in the competitive search market.

Telegram has apologised and removed 25 deepfake porn videos in response to pressure from South Korean authorities. The company is now working to improve communication and compliance with South Korean regulations.