Todays Tech News May 27

Sam Altman Walks Back "Jobs Apocalypse" Warning

OpenAI CEO Sam Altman told an audience in Sydney that the rapid rollout of AI will not produce the widespread white-collar job losses he once predicted. Altman admitted he had been wrong about the near-term social and economic impact of the technology, noting that human interaction remains essential in many professional roles and that it limits full replacement by AI systems.

7-Eleven Data Breach Hits 183,000 Customers

7-Eleven suffered a data breach affecting more than 183,000 people after the ShinyHunters extortion gang allegedly stole personal information from the company's systems in April. The incident adds another major consumer-facing brand to the growing list of companies hit by data theft and extortion campaigns. Experts warn that cyber risk is now firmly a board-level issue for every business.

AI Code Generation Fuelling Cybersecurity Demand

Hiring for cybersecurity professionals has accelerated as AI tools generate more code — sometimes introducing new bugs and vulnerabilities. Companies are scrambling to bolster security teams to manage the influx of AI-assisted development. The paradox is clear: the same tools promising efficiency are creating new attack surfaces that require more human expertise to manage.

 

Nvidia Still Roaring — $91B Revenue Forecast

Nvidia forecast $91 billion in second-quarter revenue, topping Wall Street expectations, and unveiled an $80 billion stock buyback cementing its dominance as the infrastructure backbone of the global AI boom