OpenAI has acquired Glass Imaging, a company developing AI image processing technology GlassAI Neural ISP, for $300 million, according to WSJ. The startup was valued at $100 million a year ago.
OpenAI managing director George Osborne, at the ALL IN conference in Montreal, called Canada an 'obvious place' for the company's data centre, citing a stable jurisdiction and energy. No decision has been made yet; OpenAI previously signed Canada's framework agreement on data centre development.
OpenAI appointed Brian McCarthy from SpaceX's Cursor division as new head of global sales; he reports to recently hired Chief Revenue Officer Dali Rajic. The company also brought on two experienced salespeople from Snowflake, including a senior vice president.
Bridgewater managing director Greg Jensen said that growth in demand for AI infrastructure is largely already priced into markets. As a result, the fund holds a “very small position” in this bet and is looking for opportunities in other areas.
At the close of Dreamforce 2026, Marc Benioff said the industry is moving from cloud computing to a new platform with an AI interface that can administer Salesforce and build and run apps. He said most customers will buy AI as part of finished software, not standalone models.
Apple raised iPhone 18 Pro prices to $1199 and Pro Max to $1299, but US carriers increased trade-in offers to $1200, offsetting the increase. BofA analyst Wamsi Mohan maintained a Buy rating and $370 price target on Apple stock.
Amazon acknowledged that Iranian strikes disabled part of its AWS cloud infrastructure in Bahrain and the UAE. The me-south-1 region in Bahrain is unrecoverable, with customer data permanently lost; in the UAE, the mec1-az2 availability zone was destroyed.
GSA extended the OneGov deal with Anthropic, letting US federal agencies use Claude at $1 per user until October 31 instead of September 30. Discounted access to Google Gemini is the only program deal expiring at the end of September.
Pinterest announced Visual Search Ads at the Pinterest Presents summit on September 17: ads appear in search results and pin cards, and advertisers can bid for the top answer. The format will enter beta across all Pinterest ad markets in the coming weeks and works with the AI Performance+ suite.
Iranian drone strikes in March 2026 destroyed several AWS availability zones in Bahrain and the UAE. Customer data stored only in the Bahrain region or in the mec1-az2 zone without cross-region replication was permanently lost. AWS is restoring infrastructure in the UAE and promises a Bahrain recovery update in early 2027.
Tech employers filed layoff notices for over 14,500 Bay Area workers in the 12 months to June, Bloomberg reports. Demand for software engineers in the region is down 42% since 2022, with wealth created by Anthropic and OpenAI masking labor market weakness.
Tata Electronics announced a partnership with Nexperia to produce MOSFETs at its Dholera fab and assemble in Jagiroad, plus agreements with Fujifilm, Besi, SCL, and Gati Shakti Vishwavidyalaya. Total investment in the fab and assembly plant is $14 billion.
Tesla and SpaceX filed a lawsuit in a Texas federal court seeking a declaration that the name of their chip factory, Terafab, does not infringe the Tera-Fab trademark of Illinois-based TERA-print. Negotiations between the parties failed after six meetings in summer 2026.
In August 2026 robotics companies raised $4.87 billion across 162 deals. China accounted for about $2.44 billion (half of disclosed funding), the US for $1.27 billion. Largest deals: Unitree Robotics IPO at $905 million and XPENG Robotics Series A at $900 million.
Revolut co-founder and CEO Nik Storonsky said the company is considering a dual listing on the London and New York exchanges. No decision on the listing has been made yet.
Dutch chipmaker Nexperia announced a partnership with Tata Electronics to manufacture and package chips in India. The deal further seals Nexperia's split from Chinese parent Wingtech.
SpaceX held internal discussions about buying customer and operational data from struggling or defunct startups to train its AI models more cheaply. The company seeks a more affordable data source amid rising AI costs.
Nvidia CEO Jensen Huang said he expects chip sales to double next year. He attributes the growth to AI spreading across industries.
At the annual shareholder meeting on September 17, an investor criticized Take-Two for years of delays and dependence on a few franchises. Strauss Zelnick noted revenue was under $1 billion in 2007 and is now projected at $8-8.2 billion, saying management is performing.
Community Fibre installed the UK's first home connection at 8.5 Gbps in London: 8200 Mbps download and upload. The plan costs £300 per month on a 24-month contract, while 5 Gbps costs £56.70.
Lucid CEO Silvio Napoli said the company is no longer working with consulting firm AlixPartners, which had been brought in for restructuring. He also confirmed plans with Bolt to deploy at least 25,000 autonomous Lucid EVs in Europe.
South Korean startup Rebellions has partnered with Japanese ai& to deploy the RebelRack platform in a Tokyo data center. ai& plans to purchase up to 100 racks, has already invested $2 billion in infrastructure, and aims to reach 40 MW capacity by the end of 2027.
India's regulator SEBI approved Kuku FM's IPO, with the issue size estimated at ₹2,500–3,500 crore ($261–366 million) and a company valuation of about ₹15,000 crore ($1.8 billion). Proceeds will go to technology, AI infrastructure, content, and geographic expansion.
Crown Castle forecasts 3.6% organic growth in 2026, calling it the low point. The company expects AT&T 600 MHz spectrum deployment, FCC auctions and AI workload demand, and is testing edge placement with Available Infrastructure.
Spotify launched Fresh Finds Forward: artists added to Fresh Finds playlists after January 1, 2026, will receive 12 months of resources—free studio time, early access to tools, Landr and Splice subscriptions, and 6 months of therapy via BetterHelp. Royalty rates remain unchanged.
Apple accepted Samsung's Q1 2027 memory supply offer at prices 30-40% above current rates: DRAM around $2 per GB and NAND at $0.33 per GB, risking further iPhone price increases including budget models.
AXG and Digital Realty announced a partnership on September 17, 2026, letting system integrators and MSPs offer fully managed private infrastructure as a service across 31 markets in more than 30 countries, covering private AI, edge, cloud repatriation and neo-cloud capacity.
Naver officially stated it abandoned acquiring a stake in delivery service Baemin due to changed business conditions. Uber, which previously agreed to buy 100% of Delivery Hero for $14.8 billion, will become the sole leader in South Korea's delivery market.
DoorDash said Costco members can order same-day delivery from every Costco warehouse in the US. Uber expanded its Costco delivery partnership from 17 to 47 US states.
Microsoft filed an application with Georgia's Department of Community Affairs for the ATL50 project: two three-story buildings totaling 910,000 sq ft (84,540 sq m) on an 88-acre site in Union City, southwest of Atlanta. The site is planned to launch in 2032.
