Navitas Semiconductor (NVTS) stock surged 73% year-to-date, with a 13.6% gain on April 16, 2026, driven by the appointment of Gregory M. Fischer. The stock is on track for its best week in six months, despite a target price of $8.15, below its current $12.27, reflecting strong investor interest.
Sam Altman's World launched World ID 4.0, a proof-of-human system for AI authentication. Using biometric scans of face and iris, the system creates cryptographic IDs, enhancing security amid rising AI-generated bot and deepfake threats. Biometric data is deleted immediately after use.
Sam Altman’s World project aims to expand its human verification services, starting with partnerships on Tinder. The initiative focuses on scaling its Orb-centered anonymous verification system, attracting interest and controversy. The project seeks to influence online identity verification, with plans for broader adoption across social platforms.
Intel announced the launch of 'Merica-made Core Series 3 processors, reducing reliance on TSMC. The new processors aim to strengthen domestic chip manufacturing and diversify supply chains, marking a strategic shift in Intel's production capabilities amid global chip shortages.
Grinex reports a $15 million heist attributed to 'unfriendly states' targeting a US-sanctioned currency exchange, citing hacking resources exclusive to hostile nations. The incident highlights ongoing cyber threats linked to geopolitical tensions, with authorities investigating the breach and potential impacts on financial security.
OpenAI executives Kevin Weil and Bill Peebles are leaving as the company shifts focus from consumer projects to enterprise AI, shutting down Sora and downsizing its science team, signaling a strategic pivot.
Nicholas Moore, who hacked into three U.S. government networks using stolen credentials, has been sentenced to probation. He gained notoriety by posting victims' personal data on Instagram under the handle @ihackedthegovernment. The case highlights ongoing concerns about cybersecurity and the vulnerabilities within government systems.