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.
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.
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.
AI data center developer Nscale, whose partners include Nvidia and Microsoft, has publicly filed for an initial public offering in New York. The company aims to raise funds amid growing demand for AI compute capacity.
Franklin Templeton portfolio manager Sarah Araghi said calls to slow AI development are unlikely to reduce infrastructure spending. Even if model training is restrained, growing inference demand will require massive compute, and AI safety concerns may boost demand for cybersecurity.
Robinhood opened a Canadian headquarters in Toronto, calling Canada a priority market. The company completed its $250 million CAD acquisition of WonderFi and plans to expand beyond crypto trading. Robinhood has more than 200 employees in the country.
A report by ECOnorthwest and the University of Virginia found Oregon's 111 data centers, covering 22.1 million sq ft, accounted for 23% of the state's retail electricity sales in 2025. By 2030, consumption is projected to reach ~25 TWh, or 31–32% of demand, equivalent to 2.5 million homes. Another 32 facilities are under construction or planned.
Nvidia, Google, and Emerald AI launched the AI Energy Management Alliance (AEMA), a coalition that dynamically manages data center power consumption based on grid load. Emerald AI founder and CEO Varun Sivaram discussed the alliance's goals.
The first junk bond issuance for a data center tied to Meta drew demand more than four times the deal size. High yields attracted investors.
According to IDC's Q2 2026 report, Android tablet shipments in Europe, the Middle East and Africa fell 10.5% year on year to 5.9 million units. Honor showed the strongest growth among Android brands at 25.3%, Xiaomi added 3.4%, and Samsung retained the lead.
Circle opened the public mainnet of Arc, an EVM-based blockchain where USDC serves as the unit of account and means of paying fees. Validators include BlackRock, Visa, Mastercard, DTCC, ICE, Standard Chartered, Galaxy, MoneyGram, and other major financial institutions.
Marysville, Washington-based Gravitics, which develops orbital carriers, is preparing a reverse merger with Florida shell company Non-Invasive Monitoring Systems to list on Nasdaq. The deal plans to offer 8.1 million shares at $14–17, raising about $125 million; a previously undisclosed $17 million round was also disclosed in SEC filings.
SoftBank Group agreed to acquire Robotics and AI Institute (RAI) from Hyundai Motor Group; the deal amount is undisclosed. CFIUS is reviewing the deal. RAI was founded by Marc Raibert in 2022 as a spin-off from Boston Dynamics with over $400 million in investments.
OpenAI launched ChatGPT Ads in the Shopify app store, allowing sellers to sync storefronts with the chatbot and run ad campaigns with budgets. The feature is initially available only to US merchants, expanding to international markets on September 23.
The UK's £500m Sovereign AI Fund is in talks to participate in a £500m funding round for London-based AI drug discovery startup Potential Sciences.
Counterpoint Research: Samsung took 22% of the global smartphone market in H1 2026, with shipments up 9% year-over-year. Apple came second with 21%, followed by Xiaomi (11%), Oppo (10%), and Vivo (8%).
Japan's NEC has scrapped plans to build a commercial quantum computer, estimating that practical application of the technology is at least ten years away and monetization is difficult. NEC will continue research in quantum technologies.
Indian audio service Pocket FM plans to raise EBITDA margin from ~5% to 15–20%, using AI in about 90% of content production. The company launched the AI platform Sherpa for writing long stories and plans to enter Japan and South Korea in 6–8 months.
Disney created the CTO position and appointed Karan Deep Anand, former CEO of Character.AI, effective October 2. He will oversee corporate technology, infrastructure, data, AI platforms, and engineering, reporting directly to CEO Josh D'Amaro.
XPeng has created a commercialization team and is offering other automakers licenses to its electronics architecture, smart cockpit, Turing chips, ADAS and autonomous driving software. The template is its Volkswagen deal: $700 million for 4.99% in 2023, while XPeng's service revenue grew 93.9% year over year to about $400 million in Q2 2026. Tesla has tried for years to license FSD but has closed no deals.
Over 10 years, OnlyFans has paid creators $30 billion; the audience includes 5 million creators and 430 million fan accounts. CEO Kelly Blair at the Fast Company Innovation Festival announced plans to expand into financial services and develop OFTV streaming.
GSMA warned that rising component prices due to AI infrastructure demand are making mobile internet less affordable in low- and middle-income countries. Memory prices more than doubled from Q3 2025 to Q1 2026, then rose another 80–90% in Q2 2026.
Apollo Global Management chief economist Torsten Slok said AI investment plays a critical role in supporting the US economy. He noted that AI equipment purchases continue to push up import prices, as they have all year, and companies face rising costs from building AI infrastructure.
Mastercard and startup Alchemy launched AgentCard: AI agents get virtual tokenized cards linked to a user's account and can pay for purchases within set limits. Mastercard, Visa and Ant International also introduced the Know Your Agent framework for certifying trusted agents.
Seagate's 2026 Data Infrastructure Readiness Report found 99% of IT leaders expect AI-driven storage demand to grow within three years, with 32% expecting growth over 50%. Only 38% of organizations say they are ready; 86% already see moderate or significant AI returns.
Amsted Industries is exploring a sale of cooling systems maker Baltimore Aircoil Co. at a valuation of about $6 billion. The move is attributed to high demand for data center components.
A DCD Intelligence survey found that more than two-thirds of data center operators and developers face staff shortages. Nearly a third operate at less than 80% of required staffing, with the sharpest deficits in infrastructure, power and cooling.
G42-owned Core42 signed an agreement with the Abu Dhabi government-funded Technology Innovation Institute (TII) to develop local digital sovereignty and cybersecurity technologies. The partners will combine Core42's sovereign cloud and Compass AI platform with TII's security research.
Google signed its largest carbon removal contract with Terradot, a company using enhanced rock weathering technology. By 2030, it will purchase 1 million tons of methane effect, and by 2040, another 1 million tons of CO2 removal; credits will come from a project in Rio Grande do Sul in southern Brazil covering over 200,000 hectares of rice fields.
Gazprom launched a pilot project with Crypto Energy to deploy a modular data center powered by low-pressure associated gas at the depleted Medvezhye field in the Yamalo-Nenets Autonomous Okrug. Crypto Energy will build the data center and a gas piston power plant, with regional government support.
