Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.AI was a major focus at the Black Hat and Def Con security conferences, where it was seen as both a vulnerable target and a defender against malicious actors. Researchers showed how AI systems like ChatGPT can be hacked, while competitions like the AI Cyber Challenge aimed to use AI to find vulnerabilities in critical infrastructure. Anthropics' Claude AI was tested in cybersecurity competitions, showing promise but also limitations. China advised against using Nvidia H20 chips, while students are increasingly pursuing AI education. The energy requirements for training large AI models are projected to surge, and companies like Profound and MP Materials are making strides in the AI industry. The future of AI in education is uncertain, as schools grapple with integrating AI tools while maintaining critical thinking skills in students.Transitioning to the next news, Squint, a startup backed by Sequoia, has raised $40 million in funding to modernize manufacturing using AI and augmented reality technology. The company aims to capture the expert knowledge of experienced factory operators and make manufacturing processes smarter, safer, and more efficient. Squint's platform uses AI to extract knowledge from operators and create procedures, enabling anyone to become an expert on various tasks. The funding round comes at a time when industrial companies are looking for ways to keep their workforce ahead of the curve, especially with geopolitical tensions and the rise of AI. Squint's customers include PepsiCo, Michelin, and Ford, and the company is focused on revolutionizing physical work by modernizing manufacturing processes. Ultimately, Squint aims to do something no one has done before in the industry.Moving on to Ford's announcement of a $2 billion investment in retooling a Kentucky factory to produce electric vehicles, aiming to create affordable and breakthrough EVs with American workers. The Trump administration's elimination of an EV tax credit poses a challenge. Intel CEO Lip-Bu Tan met with President Trump, resulting in positive remarks despite previous criticism. David Sacks argues against AI doomer narratives, stating that humans remain in control and stand to benefit from AI advancements. Other tech news includes AMD, Disney, GitHub, and Microsoft updates.In recent developments, CEOs are mostly supportive of Nvidia and AMD's deal to give the U.S. government a 15% cut of their chip sales to China, describing it as a brilliant move that avoids paying tariffs. However, concerns were raised about the impact on national security and trade deals, as well as where the tariff revenue will go. The U.S.-China trade deal has been pushed back another 90 days, with both countries pausing tariffs while negotiations continue. President Trump demanded money from Nvidia CEO Jensen Huang, and Intel CEO had a positive meeting with Trump after previously facing criticism. President Trump is preparing to meet Putin without Europe or Ukraine, despite no signs of imminent peace in Ukraine and European preparations for war. Stifel analysts warn of stagflation in the U.S. economy, and Moody's chief economist Mark Zandi believes tariffs may not be a reliable long-term funding source due to political pressure to cut them in a recession. In other news, Elon Musk threatened to sue Apple, a federal judge declined to release grand jury transcripts in the case against Ghislaine Maxwell, and Trump appointed a new chief economist at the Bureau of Labor Statistics. The markets showed mixed movements with S&P 500 futures flat, Stoxx Europe 600 up, and Japan's Nikkei 225 hitting a new all-time high. Bitcoin declined to $118.9k.That's all

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