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The day in 7 cards

AI cracks Enigma and picks locks. Humans still can’t close a loophole or settle a fee. Tap a card to see it full size, or a headline for the whole story.

  1. Explainer: why America’s AI infrastructure boom is running into financing and delay problems01The AI building boom hits friction
  2. Explainer: why Sebi’s gold-fund curbs may leak through gold ETFs02Gold curbs, and the open back door
  3. Explainer: why a new UPI fee could push Indian merchants towards cash03UPI’s fee nudges India toward cash
  4. Explainer: AI agents breaching Indian systems while Schwab blocks outside agents04AI agents, and who holds the keys
  5. Explainer: why an FT columnist says not every billionaire is a policy failure05Target the loopholes, not billionaires
  6. Explainer: amateurs using AI to crack historical ciphers, and why experts urge caution06Hobbyists crack wartime codes with AI
  7. Explainer: North Korea’s claim of an AI-guided torpedo and why experts doubt it07A torpedo that supposedly thinks

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