Crypto Scammers Prey on French Victims from Albania

This image taken from a handout video released by Albanian police shows operators in an alleged cryptocurrency scam call center in Tirana in April 2026. Handout / ALBANIA POLICE/AFP
This image taken from a handout video released by Albanian police shows operators in an alleged cryptocurrency scam call center in Tirana in April 2026. Handout / ALBANIA POLICE/AFP
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Crypto Scammers Prey on French Victims from Albania

This image taken from a handout video released by Albanian police shows operators in an alleged cryptocurrency scam call center in Tirana in April 2026. Handout / ALBANIA POLICE/AFP
This image taken from a handout video released by Albanian police shows operators in an alleged cryptocurrency scam call center in Tirana in April 2026. Handout / ALBANIA POLICE/AFP

Despite facing up to 10 years in jail on fraud charges for allegedly luring people into putting their savings into an Albania-based cryptocurrency investment scam, Jon shows zero remorse.

"I don't see why I should have any qualms if people fall for it," he told AFP in an interview in a Tirana cafe.

The Albanian capital has become a favored location for scam call centers to set up in recent years, according to former policeman Fatjon Softa, thanks to the city's multilingual population, low wages and possibilities to launder funds.

Jon, whose name has been changed to preserve his anonymity, said he modelled himself on Jordan Belfort, the stockbroker who cheats his way to the top, played by Leonardo DiCaprio in the 2013 film "The Wolf of Wall Street".

In a luxury office building in the center of Tirana, Jon would pass himself off as an American as he contacted potential victims he said others had already identified.

"My job was to lure them in and convince them to invest," said Jon, adding that he sometimes felt "proud" of the job he did.

The job earned the twenty-something Albanian 1,450 euros (a little under $1,700) per month before performance bonuses, compared to the country's minimum wage of 500 euros before taxes.

Jon called it an "excellent opportunity, very well paid".

But after six months in the job he is now required to check in with the court every week until he is tried on fraud charges that carry a jail term of three to 10 years.

- French victims -

At the end of April several Albanian scam centers were dismantled, including the one Jon worked in, following an investigation by police in the southwestern French city of Pau.

French investigators had been seeking to track down the scammers since a complaint in 2023 by an investor who lost 30,000 euros investing on a platform called universatrade.io.

They eventually identified 19 French victims who had lost around 1.5 million euros in the scams.

One of those victims, a businesswoman based in the south of France, said her misfortune began by clicking on an ad about investing in oil.

"Ten minutes later I received a call," said Chantal, whose name has also been changed to protect her anonymity.

"My daughter was getting married, I told myself I could make a little bit extra," she added.

Initially Chantal only invested 250 euros, but after seeing her money quickly quadruple she succumbed when advisors asked if she wanted to invest more money. Soon she was in for 80,000 euros.

Chantal said she researched the investment platforms and found them on the internet, with profiles of their advisors on LinkedIn. One even sent a copy of his identity card.

- Ready to 'blow her brains out' -

In December of last year, three months after her initial investment, Chantal had 300,000 euros of gains in her app account and she tried to withdraw the equivalent of 30,000 euros in cryptocurrency.

"That's when everything went down the drain," she said.

Even though she realized there was a problem the scammers had such a tight grip on her -- calling 15 to 20 times per day -- that they persuaded her to continue investing with promises that additional funds would unlock withdrawals.

"They've got you. What can you do? They have your money," said Chantal.

"You don't sleep all night, your brain just can't cope. And the next day, they tell you: 'By noon there has to be this amount, otherwise you won't get your money back,'" she added.

"So you pay the amount. An hour later, they say it'll be in your account. But it's not there. And you cry, you scream your head off."

A lawyer helped Chantal recover part of the money, which she then lost again.

Chantal said finally she "wanted to blow her brains out", but her family saved her from going through with it.

"People say that victims are gullible, but the scams are put together well", they are very "sophisticated", said a source close to the investigation.

- 'They steal your dignity' -

French investigators were eventually able to track the scammers to Albania, and a police raid recovered a computer hard drive with the names and contact information of the French victims.

Five Albanian nationals were arrested, including the suspected mastermind and owner of the call center, who was remanded into custody pending trial.

As Albania does not extradite its citizens, French prosecutors plan to drop their case in favor of their Albanian colleagues, who have promised to seek compensation for French victims.

Chantal wants to testify so others avoid her misfortune.

"They steal more than your money. They steal your dignity," she said.



Google's Gemini AI Carried Out Cyberattacks, Guessed Passwords

Google's AI model 'Gemini' (Reuters)
Google's AI model 'Gemini' (Reuters)
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Google's Gemini AI Carried Out Cyberattacks, Guessed Passwords

Google's AI model 'Gemini' (Reuters)
Google's AI model 'Gemini' (Reuters)

Google's consumer AI model Gemini hacked multiple systems through guessing login credentials, the company told AFP on Friday, the latest case of rogue AI cybersecurity transgressions, which have generated safety concerns.

The hacks, first reported by the Wall Street Journal, took place in May and were discovered by Google in July.

"In a standard evaluation, the model found public information online and guessed credentials to access websites it thought were part of the test," Heather Adkins, Google's vice president of security engineering, told AFP in a statement.

"In all three of these instances, the model stopped," Adkins added, without specifying which organizations were breached.

"We ensured the three entities were made aware, and we worked with our training partner on the changes they've now made to their testing processes."

In July, two OpenAI models escaped the closed environment they were meant to stay in, got onto the internet on their own and broke into the internal systems AI platform Hugging Face.

The incident fed worries that AI giants cannot keep their own models under control, as similar episodes have been reported at Anthropic and China's Moonshot AI.

"These events highlight the importance of training powerful AI models to act responsibly," Adkins emphasized.


Founder of Chinese Startup Spirit AI Says Robot Brains Set for 2027 Breakthrough

FILE PHOTO: The words "AI Artificial Intelligence," a keyboard and a robotic hand are shown in this illustration created on June 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The words "AI Artificial Intelligence," a keyboard and a robotic hand are shown in this illustration created on June 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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Founder of Chinese Startup Spirit AI Says Robot Brains Set for 2027 Breakthrough

FILE PHOTO: The words "AI Artificial Intelligence," a keyboard and a robotic hand are shown in this illustration created on June 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The words "AI Artificial Intelligence," a keyboard and a robotic hand are shown in this illustration created on June 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Humanoid robot brains are likely to achieve a breakthrough as soon as mid-2027, but their deployment in homes could take at least eight years as model development faces a data bottleneck, leading Chinese embodied AI firm Spirit AI said this week.

Despite impressive hardware advances allowing Chinese humanoids to sprint, dance and do backflips on command, Chinese robot firms are increasingly focusing on the software that determines robots' intelligence and their economic productivity in real-world settings.

"The brain is indeed the weakest link in the complete robotics stack," Gao Yang, co-founder and chief scientist of Spirit AI, told Reuters at its Beijing offices on Thursday.

An industry breakthrough comparable to ⁠OpenAI's landmark GPT-3.0 model, ⁠which powered ChatGPT, could come around mid-2027, said Gao. Spirit AI's robots have achieved a 90% success rate for simple tasks in structured living-room environments.

"The next one to two years mark the initial window for industrial applications. Two years from now, we'll see robots deployed in commercial service settings doing simpler tasks. Entering homes is far harder than both," said Gao, who is also an assistant professor of robotics at Tsinghua University.

Spirit AI ⁠currently has tens of its own Moz1 wheeled humanoid robots deployed on production lines at battery maker CATL and retailer JD.com, which is also an investor.

The 300-person startup has raised over $670 million since its 2024 founding, making it one of China's most rapidly capitalized embodied intelligence firms. It is currently valued at 20 billion yuan ($2.9 billion). Gao declined to comment on any plans for an initial public offering.

"Progress is extremely fast. When Spirit AI was founded, a robot could perform only one isolated task well, like pouring water or folding a piece of clothing," said Gao.

"Today, robots operate across large spatial areas and execute continuous complex workflows."

Difficulties remain in perfecting fine-motor actions like unscrewing a bottle cap ⁠and dealing with ⁠unseen tasks, he said. Spirit AI overwhelmingly relies on real-world data to train its robot brains instead of virtual simulations, which many competitors use to reduce model training costs.

"Simulators handle rigid bodies well, but flexible objects like deformable electric cables remain a problem," said Gao.

The company employs around 1,000 contractors nationwide using wearable data-collection equipment in households and on production lines.

Its Beijing offices include a robot data training center where a Reuters witness saw dozens of young people fitted with sensors who repeated motions like opening fridges, unlocking safes, and cutting vegetables with knives to train the humanoid robots.

In other robot-training facilities in China, operators may need to repeat a movement more than 50 times to get one "clean" movement with the required precision.

However, Spirit AI found that using "dirty data" with a more diverse range of motions enabled its models to improve faster, Gao said.


AI Doomsday Warnings Unlikely to Slow IPOs but Questions Linger

FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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AI Doomsday Warnings Unlikely to Slow IPOs but Questions Linger

FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Anthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year despite recent doomsday warnings, but questions remain about their business models and whether regulators should step in.

Concerns about the safety of advanced artificial intelligence models escalated this month after an employee resigned from Anthropic while warning that the industry was "gambling with our lives", said AFP.

Jacob Coxon, who also previously worked at OpenAI, left Anthropic last week amid a flurry of support from his former colleagues, including one who voiced concern about a small probability that AI could cause humanity's extinction.

Last weekend, Anthropic's own CEO Dario Amodei called for AI development to slow down -- but didn't say anything about the IPO.

The fracas forms a backdrop for highly anticipated initial public offerings from both OpenAI and Anthropic.

It's unclear if, or how, either company will address theoretical doomsday scenarios in securities filings, though.

Companies are required to publicly disclose known business risks to investors prior to an IPO.

Anthropic could submit that document to the Securities and Exchange Commission (SEC) as early as this month.

"Are we to believe that there is something that's extremely dangerous that's hiding inside this company because this person that quit said it, and then it was amplified by a bunch of people" who still work there, All-In podcast co-host Chamath Palihapitiya said last week.

"If it's true... (investors) will demand an enormous discount," said Palihapitiya, a venture capitalist.

Altimeter Capital founder Brad Gerstner, who has shares in both OpenAI and Anthropic, downplayed the concerns this week, arguing that an IPO brings transparency for investors.

"Anthropic will IPO. The market knows how to price risk -- see SpaceX," Gerstner posted on X.

Elon Musk's SpaceX raised a record $85 billion in its June IPO, but its stock has lost around a quarter of its value since peaking at around $202 a share.

"There is huge appetite to invest in the AI leaders," Gerstner added.

- 'Ill-advised' -

How Anthropic's IPO performs will also set the tone for OpenAI's debut next year.

The stakes extend well beyond the two companies themselves, with tech giants including Microsoft, Amazon, Google and Nvidia holding significant stakes in the AI labs.

More broadly, the US economy is increasingly tied to the AI buildout, meaning the success or failure of these IPOs carries weight for the wider economy.

OpenAI CEO Sam Altman said this weekend that the company would delay its own IPO until 2027, citing safety concerns. It's an "ill-advised moment," Altman said.

Before the recent headlines over AI safety, Altman and executives at OpenAI had already signaled that they were in no hurry to go public this year.

The ChatGPT maker's dealmaking appears to be running full speed ahead, nonetheless.

OpenAI is in talks with investors about raising a new round of funding with a valuation of at least $1.2 trillion before it goes public, while Anthropic might seek a $2 trillion valuation in an IPO that could happen as early as October, according to various reports.

Leaders inside OpenAI have been concerned about investor skittishness, broad market uncertainty and SpaceX's underwhelming stock performance, according to media reports.

- 'Massive' -

Also weighing on executives' minds is a proposal by both companies to slow down development, given recent incidents involving AI technology going rogue.

OpenAI CFO Sarah Friar dismissed the idea that a slowing of pace in releasing state-of-the-art technology would impact the company's core business and revenue growth.

"Even if we stop today, the amount of intelligence that's available in the world is massive," Friar told CNBC on Tuesday.

Anthropic also pushed back on the idea that being safety-minded would compromise the IPO.

"I would say safety has been the core of who we are from the very beginning," Anthropic's head of policy, Sarah Heck, said at a Politico conference on Wednesday. "Our investors know that. Our customers know that."