Canada's federal banking regulator has issued a warning to banks about frontier AI models like Anthropic's Claude Mythos, which could expedite cyber vulnerability exploitation. The alert urges quicker risk detection and mitigation, highlighting concerns over AI's dual-use potential and the need for robust governance and transparency in AI deployment.

South Korea unveils its largest-ever 2027 budget exceeding 800 trillion won, driven by AI chip sector growth. The plan emphasizes restructuring existing funds to prioritize mega-projects in chips and AI, channeling excess tax revenue into strategic areas of youth, growth, regions, and talent.

The Indian Supreme Court released a draft regulation to guide AI use in courts, emphasizing transparency, data protection, and human oversight. Public comments are invited by mid-July, with a phased rollout planned to enhance court efficiency while maintaining judicial independence.

Gemini's adoption in Southeast Asia is surging, with active users more than doubling in the past year, driven by a tech-savvy population and strong local-language performance. The Philippines notably leads in female-led AI use, with significant activity in professional sectors and creative workflows, while mobile and multimodal usage dominate across the region.

Paramount, through its new horror sub-brand Paramount Primal, will revive Freddy Krueger by launching a new film based on Wes Craven's original 1984 screenplay of A Nightmare on Elm Street. While plot details and a release date remain undisclosed, the project aims to continue the franchise's legacy, leveraging iconic elements and figures from the original films.

Lam Research projects a record $6.6 billion in Q4 2026 revenue, fueled by strong AI chip demand and advancements in AI processors, HBM, and logic devices. The company's stock has surged over 100% this year, surpassing industry peers, as analysts forecast continued growth driven by AI investments.

Critical vulnerabilities in Joomla extensions iCagenda and Balbooa Forms, identified as CVE-2026-48939 and CVE-2026-56291, allow unauthenticated file uploads leading to remote code execution. Active exploitation has been observed since June 2026, prompting urgent patching advisories from security bodies like CISA to mitigate risks.

Microsoft is urging rapid installation of Windows security updates within three days to counter AI-assisted exploits that quickly learn patch details and pose increased risks. Despite some recent update issues, Microsoft emphasizes the greater danger of leaving systems unpatched, while piloting hotpatching for Windows 11 Enterprise to streamline future updates.

MUSC's "In Our DNA SC" program has successfully screened over 50,000 South Carolinians for genetic health insights, emphasizing health equity and early disease detection. The initiative spans all 46 counties, offering diverse entry points such as clinics, community events, and at-home kits, aiming to reduce barriers and include underserved communities.

Sadeghi, a 43-year-old naturalized U.S. citizen, was convicted in a Boston federal court for illegally exporting electronic components to Iran, aiding a Tehran firm in bypassing export controls. The case, tied to potential military use, highlights U.S. enforcement of export sanctions amid ongoing tensions with Iran, with sentencing set for October 13.