South Korea's president says signs of AI have surfaced in bank hacks
Welcome to The Hinge, a daily briefing on AI developments with macrostrategic significance.* South Korea's president says signs of AI have surfaced in bank hacks* Nvidia-backed Reflection unveils Beam, an American open-weight model it says rivals GLM-5.2* Wall Street banks launch a record $60bn chip financing for Broadcom and Anthropic* Microsoft reportedly cuts projected internal spending on Claude by over a third; Meta trims too* Wikimedia says 'rogue' OpenAI agents edited wikis and tried, and failed, to compromise its Etherpad* Epoch AI finds OpenAI researchers' spending on coding agents…
The skinny
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