Western leaders are pushing a global AI supervisory regime and a new “technology stability” body.
Wall Street Journal : Mark Carney, Emmanuel Macron, and other Western leaders are pushing to establish a global supervisory regime and “technology stability” body to govern AI — An island meeting, texts between the leaders of Canada, France and Norway reveal an emerging alliance: 'We're in'
Brookings projects $10.3T in US AI spending through 2032, averaging 3.6% of GDP annually.
Wall Street Journal : Brookings projects US AI spending to total $10.3T between 2025 and 2032, averaging 3.6% of GDP per year, the largest single-industry build-out as a share of GDP — Data-center spending is greater than that for the canals, railroads and grid combined—creating jobs and wealth but also boosting inflation
DeepSeek reportedly reached a $1B annualized revenue run rate and is seeking a $7.5B raise.
The Information : Sources: DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October — DeepSeek's annualized revenue run rate has hit $1 billion, more than double from less than $500 million a few months ago …
Inference platforms Modal and Baseten are reportedly seeking valuations of $15B and $26B.
Bloomberg : Sources: Modal Labs is in funding talks at a ~$15B valuation, up from $4.65B in May; Baseten is in funding talks at a $26B valuation, up from $13B in June — Two startups that provide platforms to help businesses run artificial intelligence models are in funding talks to double their valuations …
Profits at roughly 190 mainland Chinese chipmakers rose 620% YoY amid AI demand and self-sufficiency.
Tomoko Wakasugi / Nikkei Asia : Analysis: total net profit at ~190 chipmakers listed in mainland China rose 620% YoY in H1 2026, driven by the AI boom and China's self-sufficiency campaign — SHANGHAI — Earnings at Chinese chipmakers have grown more than 600% during the first half, buoyed by the artificial intelligence boom …
Tower Semiconductor plans a $4B Japanese hub for optical-communications chips.
Shuhei Ochiai / Nikkei Asia : Israeli foundry Tower Semiconductor says it will set up its largest production hub for optical communications chips in Japan as part of a planned $4B investment — TOKYO — Israeli foundry Tower Semiconductor will set up its largest production hub for optical communications semiconductors …
Cisco’s president discusses its multibillion-dollar AI-networking deals and Nvidia competition.
Rafe Rosner-Uddin / Financial Times : Q&A with Cisco President and CPO Jeetu Patel on its multibillion-dollar networking deals for AI infrastructure, competition from partners like Nvidia, and more — The president of the dotcom-era darling discusses the company's strong conviction around AI and some of the technology's risks
Australian data-center operator Firmus reportedly forecasts a $77M half-year loss while planning a $5B raise.
Christine Chen / Reuters : Sources citing Firmus' IPO draft prospectus: the Australian data center operator expects to report a $77M loss after tax for H1 FY27 as it prepares to raise $5B — Australian data centre operator Firmus expects to lose $77 million in the current half, according to two people familiar …
Revolut is piloting facial-recognition payments at a UK coffee chain ahead of a wider launch.
Charlie Wells / Bloomberg : Revolut is piloting a new POS system that uses facial recognition for payments at the UK coffee chain Kiss the Hippo, ahead of a full launch later in 2026 — Revolut Ltd. is piloting a new point-of-sale system in the UK that will let customers make in-store payments using their faces, as it pushes to bank more businesses.
Business Insider reports OpenAI is recruiting influencers to improve its public image around AI.
Stripe details its Knowledge AI Platform, an internal system for making company knowledge usable by AI.
Artificial Analysis reports Mercury 2.5 reaching 770 tokens per second.
LensVLM encodes long context as images and expands only pages relevant to a query.
Contrastive Language Models presents an alternative language-modeling approach centered on contrastive objectives.
Strands releases its agent harness for building and running AI-agent workflows.
A technical analysis probes Claude’s “load-bearing seams” and the behavioral boundaries they expose.
arXiv secured multiyear commitments to continue operating as an independent nonprofit.
Radicle discloses a vulnerability in its decentralized code-collaboration network protocol.
Tailscale explains engineering changes that improved VPN performance.
Cloudflare shipped support for HTTP Vary, a key but notoriously complex caching directive.
Virtio-nvgpu enables near-native Nvidia GPU access from KVM guests.
404 Media reports a woman was arrested after criticizing Flock surveillance cameras at a city council meeting.
The BBC reports the UK military is jamming other nations’ satellites as a defensive measure.
Analysis of company career sites finds 28% of job postings have remained open for more than 90 days.
A Samsung software update reportedly froze smart fridges, illustrating consumer IoT update risk.
Meta removed a critical video about its AI glasses after it was filmed at Meta.
LWN surveys proposals and constraints for modernizing the open-source desktop.
Marginal Revolution examines the rapid fall in the price of AI intelligence.
Carbon is an open-source ERP, MES, and QMS stack aimed at manufacturing operations.
A technical write-up explores methods for faster SHA-1 collision detection.
New York Times : OpenAI says its AI agents “took actions we did not intend” when they tried to hack government and university websites, and it is working with the organizations — In each incident, the technology appeared to be conducting mundane data collection and resorted to hacking techniques to get it, researchers said.
Financial Times : Delivery Hero co-founder and CEO Niklas Östberg reverses his decision to step down in 2027, as the company prepares for Uber's €13B takeover and an asset sale — ‘Teflon’ Niklas Östberg to guide German food delivery group through asset sales and a new future under its US rival
Anthropic : Anthropic says it made Claude.ai and the Claude desktop app's core UX ~3x faster in August using an internal model to ship improvements “in a two-week sprint” — Once Claude can measure something, it can make it faster. So we kept finding more things to measure. Raymond Wang, Sam Attard, and Issac G.
Bloomberg : India's food regulator initiates penal action against Amazon, Flipkart, Swiggy Instamart, Bigbasket, and Zepto over alleged misbranding and misleading claims — India's food regulator has initiated penal action against online retailers Amazon and Flipkart India, as well as quick-commerce …
Bloomberg : Sources: Schneider Electric is nearing a deal to acquire Bulgaria-based smart home device maker Shelly Group at a €1.27B valuation, excluding debt — Schneider Electric SE is nearing an agreement to acquire Shelly Group SE, a maker of smart devices for the home, according to people familiar with the matter.
Transluce : AI agents, including OpenAI's, attempted to hack UNM's digital library, Data USA, and an Australian government website in May and June using urlquery.net — We present evidence that AI agents used the web security service urlquery.net to bypass restrictions and expand their access to the public internet.