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Yesterday
Business

Bell Restores Next-Gen 911 After Early-Morning Glitch in Six Provinces

Bell's next-generation 911 network failed early Thursday, temporarily disrupting emergency calls in six Canadian provinces. The routing issue was detected around 3:13 ET and resolved by 4:40 ET using the backup SafetyNet system.

Bell Restores Next-Gen 911 After Early-Morning Glitch in Six Provinces
September 19
Business

Jeff Dean's Discovery Loop Targets $50 Bn Valuation in New Funding Round

Discovery Loop, a new AI startup founded by former Google chief scientist Jeff Dean, is seeking funding at a valuation of up to $50 billion — five times its earlier $10 billion plan. The company automates scientific research by running thousands of experiments in parallel; investors include Radical Ventures, Khosla Ventures and Alphabet.

Jeff Dean's Discovery Loop Targets $50 Bn Valuation in New Funding Round
Business

Telus to Shrink and Focus on Data Centers, Says CEO

New CEO Victor Dodig told investors that Telus will become more compact and will avoid acquisitions in favor of organic growth. The company's key focus will be telecom and digital infrastructure, specifically data centers.

Telus to Shrink and Focus on Data Centers, Says CEO
Business

Samsung has a team working on robots for semiconductor manufacturing

Samsung has formed an AX/PI unit within its Global Manufacturing & Infra Technology division to develop and deploy robots in chip fabs. The first automation target is equipment maintenance, currently performed by engineers and contractors; development is at an early stage.

Samsung has a team working on robots for semiconductor manufacturing
Business

Disney+ changes subscriber agreement to allow ads on every plan

Disney+ updated its subscriber agreement: ads and sponsored content are now possible before and after movies and shows on all tiers, including Premium at $18.99 per month. The exception is Junior Mode. Subscribers must accept the new terms upon login.

Disney+ changes subscriber agreement to allow ads on every plan
Business

Apple Eyeing a Return to the Server Market

Apple is considering a return to the server market: the company plans to release an AI server based on M8 chips and may use Nvidia's NVLink Fusion platform for processor interconnection. Apple left the market in 2011 after discontinuing Xserve.

Apple Eyeing a Return to the Server Market
Business

SK Hynix Looking to Branch Out in the United States

SK Hynix is in talks with Intel about producing memory chips in the US, possibly at a facility in Ohio. The company is already building a packaging plant in Indiana, and the memory shortage due to AI infrastructure is pressuring supplies for Apple.

SK Hynix Looking to Branch Out in the United States
Business

India's youth-driven talent will build next Qualcomms, Intels from here in coming years: Vaishnaw

India's IT Minister Ashwini Vaishnaw said young Indian startups will create equivalents of Qualcomm and Intel in the coming years. According to him, five semiconductor plants are already operational and exporting products to Japan, Europe, and the US, and under Semicon 2.0, $11–12 billion in investments has been announced.

India's youth-driven talent will build next Qualcomms, Intels from here in coming years: Vaishnaw
Business

D-Robotics Raises $400M for Humanoid Chips as US Bans Chinese Robot Imports

Chinese startup D-Robotics closed a $400 million Series C round on September 17, 2026 — the largest funding for a humanoid robot chip developer. The company aims to scale its Sunrise platform amid the FCC ban on Chinese robot imports to the US.

D-Robotics Raises $400M for Humanoid Chips as US Bans Chinese Robot Imports
Business

ING: India Software Services Exports Rise to ~5.2% of GDP

India's software services exports have risen to about 5.2% of GDP from 3.3% before the pandemic, according to ING, as AI pushes the country's IT industry toward higher-value work. Outsourcing has not yet lost ground.

ING: India Software Services Exports Rise to ~5.2% of GDP
Business

Elon Musk's Terafab hits a roadblock before making a single chip, receives cease-and-desist order

Tera-Print sent a cease-and-desist letter to SpaceX and Tesla in May over the Terafab name, which it has used for lithography tools for about a decade. Tera-Print says it is ready to defend its trademark in court.

Elon Musk's Terafab hits a roadblock before making a single chip, receives cease-and-desist order
Business

Factory Raises $200M on Question of How Far AI Can Write Software for People

Startup Factory (The San Francisco AI Factory) announced on September 15, 2026 that it raised $200M from Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, NEA and Sound Ventures. Its valuation rose from $1.5B in April to $5B, with total funding exceeding $400M. Factory sells a system in which AI agents write software for companies.

Factory Raises $200M on Question of How Far AI Can Write Software for People
Business

Shopify CEO Alarmed by AI 'Slop Grenades' After Pushing Staff to Use AI

Shopify CEO Tobias Lütke, who previously required employees to use AI, acknowledged a problem: workers are mass-sending unchecked AI emails, documents, and code. In a survey of 1,150 office employees, 40% encountered 'workslop' — AI content without substance — and fixing it takes 3.4 hours per month.

Shopify CEO Alarmed by AI 'Slop Grenades' After Pushing Staff to Use AI
Business

Lenovo Is Dropping Patent Lawsuit Against Asus In The US

Lenovo asked a California court to dismiss its 2023 lawsuit against Asus over infringement of four patents — covering wireless communication, diagonal touchpad scrolling, and a hinge for converting a laptop to a tablet. The withdrawal is 'with prejudice,' meaning the suit cannot be refiled; reasons were not given.

Lenovo Is Dropping Patent Lawsuit Against Asus In The US
Business

Flock Offers Employees Buyouts as Customers Flee

Flock Safety launched a voluntary buyout program with generous payouts: applications accepted until October 2, decision on October 9. The company is losing contracts amid scandals over its license plate recognition network, and vandalism against cameras has risen.

Business

Nvidia commits $2b to Brookfield’s AI infrastructure fund

Nvidia has committed $2 billion to a Brookfield fund focused on AI factories, power systems, and computing infrastructure. The fund has a target size of $10 billion.

Nvidia commits $2b to Brookfield’s AI infrastructure fund
Business

Infillion acquires Foursquare, which will operate as independent brand

Ad tech company Infillion announced it is acquiring geolocation service Foursquare. Foursquare will continue operating as an independent brand.

Infillion acquires Foursquare, which will operate as independent brand
Business

Amazon Leo clears Taiwan's NCC review, with commercial launch pointed at 2027

FarEasTone has passed four of six regulatory stages for Amazon Leo satellite internet in Taiwan. Commercial service will not start before 2027, in line with Amazon's schedule.

Amazon Leo clears Taiwan's NCC review, with commercial launch pointed at 2027
Business

Power grids can't keep pace with AI data center boom in EU, US

According to supply chain participants, analysts assessing the cost of AI data centers and tokens consider only electricity consumption, not the cost of generating it. As a result, power grids in Europe and the US cannot keep up with the AI data center construction boom.

Power grids can't keep pace with AI data center boom in EU, US
Business

Beyond Volkswagen, XPeng seeks to turn automotive R&D into a global tech enterprise

XPeng intends to move beyond its partnership with Volkswagen and turn its automotive research and development into a global technology company. According to Digitimes, the Chinese automaker is betting on technology exports, not just production scale.

Beyond Volkswagen, XPeng seeks to turn automotive R&D into a global tech enterprise
Business

Charts: Taiwan's memory makers are outgrowing TSMC by a factor of eight

According to Digitimes, Taiwan's memory makers are growing about eight times faster than TSMC this year amid surging AI demand. For the industry, this is the best year in a decade, while TSMC's revenue remains the largest in absolute terms.

Charts: Taiwan's memory makers are outgrowing TSMC by a factor of eight
Business

~$18B debt tied to Oracle New Mexico data center slides into stressed territory

About $18 billion in debt tied to an Oracle data center in New Mexico has slid into stressed territory. Investors are concerned about permitting and construction delays amid growing local opposition to the project.

~$18B debt tied to Oracle New Mexico data center slides into stressed territory
Business

OpenAI expects negative free cash flow of $278B from 2026 to 2030, revenue to grow to $350B

According to a leaked presentation, OpenAI projects negative free cash flow of $278 billion from 2026 to 2030. Revenue is expected to grow from $36 billion this year to $350 billion in 2030 amid infrastructure investments and pricing pressure.

OpenAI expects negative free cash flow of $278B from 2026 to 2030, revenue to grow to $350B
Business

Anthropic IPO Waiting Game Puts Wall Street on Edge

Anthropic CFO Krishna Rao and other executives met with potential investors ahead of a possible IPO. The company cut spending from $2.30 per $1 of revenue in spring 2025 to a small profit in Q2, but warned profit may be short-term due to aggressive data center deals.

Business

Dutch startup Euclyd raises $231M with Samsung backing to challenge Nvidia in AI inference chips

Euclyd, a Dutch startup, raised $231 million in a Series A round (€200 million) with investors including Samsung, Somerset Capital Partners, Scaleup Europe Fund, and Innovation Industries. The company is developing an AI inference chip on a non-standard architecture, but first commercial shipments will not begin until 2028.

Dutch startup Euclyd raises $231M with Samsung backing to challenge Nvidia in AI inference chips
Business

14,000 security workers strike in California at major tech companies

14,000 security guards represented by SEIU-USWW began a strike in California after negotiations with contractors Allied Universal and Securitas failed. They demand a raise to $30 per hour, while the state median wage is about $20 per hour.

14,000 security workers strike in California at major tech companies
Business

iPhone 18 Pro launch marks first under new Apple CEO

New Apple CEO John Ternus personally greeted iPhone 18 Pro and Pro Max buyers at the Fifth Avenue flagship store in New York. This is the first iPhone launch under his leadership; the foldable iPhone Duo is expected to go on sale October 23.

iPhone 18 Pro launch marks first under new Apple CEO
Business

Anthropic's annualized revenue to top $100 billion in 2026: NYT

According to NYT, Anthropic PBC expects to reach annualized revenue of more than $100 billion in 2026. Sources cited by the publication report the forecast amid growing demand for the company's AI services.

Business

Automattic names interim CFO after executive departures

Automattic appointed Jeremy Claperman, CFO of the WordPress VIP Enterprise unit, as interim CFO. This follows an attempt to remove CEO Matt Mullenweg that led to the departure of board members, CFO Mark Davis, and legal chief Andy Missan.

Automattic names interim CFO after executive departures
Business

Anthropic Pursues IPO Despite Its A.I. Safety Warnings

Anthropic is preparing for a major IPO, with CEO Dario Amodei meeting potential investors in recent weeks. The company is known for warnings about AI risks, which has not stopped it from going public.

Anthropic Pursues IPO Despite Its A.I. Safety Warnings