Technology Summary

Chinese short-video app Kuaishou experienced a significant setback after its Hong Kong stock fell by as much as 6% to around $8, marking the lowest point since November 21. This decline followed a cyberattack on December 22 that disrupted its livestreaming services, as reported by Reuters.

In a related development, the Pentagon has announced a partnership with xAI, aiming to incorporate the company's frontier AI systems into GenAI.mil by early 2026, as stated by Fox News. Additionally, the US FCC has implemented a ban on the import, marketing, and sales of new foreign-made drones and components, including those from China's DJI and Autel, citing national security concerns, according to the Wall Street Journal.

Meanwhile, ByteDance is planning to increase its AI capital expenditure to approximately $23 billion in 2026, up from $21.3 billion in 2025, as noted by the Financial Times. In the realm of cybersecurity, OpenAI has detailed its efforts to enhance the security of its ChatGPT Atlas browser against prompt injection attacks, revealing the development of an LLM-based automated attacker, as covered by TechCrunch.