[8/31 09:00] FSB Chair Andrew Bailey warns G20 finance ministers that cyber risk from frontier AI models is the most immediate concern for the financial system / EuroHPC orders the LUMI-AI supercomputer from France's state-owned Bull for 387.8 million euros, its sixth AI Factory machine, built on AMD MI430X GPUs and due in 2027

AI News Flash for August 31, 2026 at 09:00 UTC. Topics: 1. FSB Chair Andrew Bailey warns G20 finance ministers that cyber risk from frontier AI models is the most immediate concern for the financial system https://www.theguardian.com/business/2026/aug/31/advanced-frontier-ai-financial-stability-andrew-bailey-g20 2. EuroHPC orders the LUMI-AI supercomputer from France's state-owned Bull for 387.8 million euros, its sixth AI Factory machine, built on AMD MI430X GPUs and due in 2027 https://www.reuters.com/world/europe/europe-expands-ai-computing-network-with-390-million-order-frances-bull-2026-08-31/ 3. Taiwan's Unimicron hits the 10 percent limit-down in its first session after prosecutors' raid, says the disputed products are PCBs not substrates; Citi, BofA and UBS keep buy ratings; prosecutors deny rumours of a second search https://asia.nikkei.com/spotlight/supply-chain/nvidia-supplier-unimicron-probed-over-allegedly-relabeling-china-made-parts 4. Japan's chip investment on Monday: METI requests 7.8 trillion yen for fiscal 2027 with 1.99 trillion for AI, chips and robots, 900 billion for a physical-AI foundation model and 150 billion more equity for Rapidus; SK Group chairman Chey Tae-won says SK hynix is weighing a joint memory fab in Japan https://www.koreajoongangdaily.com/business/sk-hynix-weighs-joint-memory-plant-in-japan-as-part-of-overseas-expansion-efforts/12852748 5. The AI optical-interconnect supply chain tightens: France's Soitec requires multi-year deals with deposits for photonics SOI wafers, and TSMC's Hsu Kuo-chin says silicon photonics will top 50 percent of the optical transceiver market in 2027 with CPO mass production starting in the second half of this year https://www.taiwannews.com.tw/en/news/6430625