DOD's Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration (Maggie Eastland/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-03/pentagon-says-its-anthropic-ban-is-on-despite-lutnick-remarks
https://www.bloomberg.com/news/articles/2026-09-03/pentagon-says-its-anthropic-ban-is-on-despite-lutnick-remarks
Bloomberg.com
Pentagon Says Its Anthropic Ban Is On, Despite Lutnick Remarks
US Commerce Secretary Howard Lutnick said Anthropic PBC has resolved its long-running issues with the Trump administration but a top Pentagon official begs to differ.
GPT-6 Astra scores 62.7% on ARC-AGI-3 with the standard harness and 99.9% with a new provider adapter harness; Claude Opus 5 scored 30.2%, and GPT-5.6 Sol 7.8% (Greg Kamradt/ARC Prize)
https://arcprize.org/blog/astra
https://arcprize.org/blog/astra
ARC Prize
OpenAI's GPT-6 Astra on ARC-AGI-3 | ARC Prize
OpenAI's GPT-6 Astra reaches state-of-the-art results on ARC-AGI-3
Sources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-03/crusoe-signs-roughly-13-billion-ai-cloud-deal-with-jane-street
https://www.bloomberg.com/news/articles/2026-09-03/crusoe-signs-roughly-13-billion-ai-cloud-deal-with-jane-street
Bloomberg.com
Crusoe Signs Roughly $13 Billion AI Cloud Deal With Jane Street
Crusoe, a data center upstart with contracts to supply AI computing power to the likes of Meta Platforms Inc. and Oracle Corp., has signed a cloud contract with trading firm Jane Street Group valued at around $13 billion, according to people with knowledge…
OpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world (Sam Sabin/Axios)
https://www.axios.com/2026/09/03/openai-critical-infrastructure-cyber-ai-models
https://www.axios.com/2026/09/03/openai-critical-infrastructure-cyber-ai-models
Axios
OpenAI unveils plan to protect critical services from AI cyberattacks
The move comes as the AI lab releases its most powerful model to date.
Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (Annie Palmer/CNBC)
https://www.cnbc.com/2026/09/03/adobe-anil-chakravarthy-ceo.html
https://www.cnbc.com/2026/09/03/adobe-anil-chakravarthy-ceo.html
CNBC
Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen
Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March.
Oura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier (Subrat Patnaik/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-03/smart-ring-maker-oura-files-for-us-ipo-as-revenue-surges
https://www.bloomberg.com/news/articles/2026-09-03/smart-ring-maker-oura-files-for-us-ipo-as-revenue-surges
Bloomberg.com
Smart Ring Maker Oura Files for US IPO as Revenue Surges
Health and fitness ring-maker Oura Inc. filed for an initial public offering, showing soaring revenue as well as increasing losses.
Sources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios)
https://www.axios.com/pro/all-deals/2026/09/03/paypal-pause-venture-portfolio-sale
https://www.axios.com/pro/all-deals/2026/09/03/paypal-pause-venture-portfolio-sale
Axios
PayPal pauses venture portfolio sale process
Bids came in lower than expected.
Sources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-03/crusoe-raises-over-3-billion-in-funding-at-30-billion-valuation
https://www.bloomberg.com/news/articles/2026-09-03/crusoe-raises-over-3-billion-in-funding-at-30-billion-valuation
Bloomberg.com
Crusoe Raises Over $3 Billion in Funding at $30 Billion Valuation
Crusoe, a cloud-computing provider and data center developer doing business with OpenAI, Microsoft Corp. and Meta Platforms Inc., has raised over $3 billion in a funding round that values the startup at roughly $30 billion, according to people familiar with…
Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media)
https://www.upstartsmedia.com/p/scoop-town-fundraise-vc-reshuffle
https://www.upstartsmedia.com/p/scoop-town-fundraise-vc-reshuffle
Upstartsmedia
Scoop: Conflict With Instinct Knocks Index Out Of Town’s Buzzy New Raise
Exclusive details on Town’s new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling of VCs behind it, per Upstarts sources.
AI scientist and Google researcher Ray Kurzweil joins BCI startup Subsense, which develops non-surgical BCI tech involving inhaled nanoparticles, as an advisor (Alexei Oreskovic/Fortune)
https://fortune.com/2026/09/03/ai-visionary-ray-kurzweil-is-joining-a-silicon-valley-startup-developing-a-brain-computer-system-that-involves-snorting-nano-particles/
https://fortune.com/2026/09/03/ai-visionary-ray-kurzweil-is-joining-a-silicon-valley-startup-developing-a-brain-computer-system-that-involves-snorting-nano-particles/
Fortune
AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nanoparticles…
Subsense’s brain computing interface could compete with Elon Musk’s Neuralink, but would not require surgery.
Tesla says Cybercab rides are available in limited areas of Austin; the two-seater has no steering wheel or pedals, and 45 Cybercabs are registered in Texas (Reuters)
https://www.reuters.com/business/autos-transportation/teslas-cybercab-event-set-thursday-with-few-details-2026-09-03/
https://www.reuters.com/business/autos-transportation/teslas-cybercab-event-set-thursday-with-few-details-2026-09-03/
Vals analysis: open-weight models performing multi-stage tasks, like building a web app, can have an environmental impact 10K times greater than simple queries (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-03/ai-s-environmental-impact-per-task-balloons-with-more-complexity?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4ODQ1Mzk2MywiZXhwIjoxNzg5MDU4NzYzLCJhcnRpY2xlSWQiOiJUS1NCV1pSMjRVOFMwMCIsImJjb25uZWN0SWQiOiJGRjMyOTZDMzVFNEI0QTRBQjFFRTVDQzEzQ0YzMUNDQiJ9.8ShIwgSwrkJWvsN5gaj4nXw_Jy9W3gDmfbKFK1Tb6kk
https://www.bloomberg.com/news/articles/2026-09-03/ai-s-environmental-impact-per-task-balloons-with-more-complexity?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4ODQ1Mzk2MywiZXhwIjoxNzg5MDU4NzYzLCJhcnRpY2xlSWQiOiJUS1NCV1pSMjRVOFMwMCIsImJjb25uZWN0SWQiOiJGRjMyOTZDMzVFNEI0QTRBQjFFRTVDQzEzQ0YzMUNDQiJ9.8ShIwgSwrkJWvsN5gaj4nXw_Jy9W3gDmfbKFK1Tb6kk
Bloomberg.com
AI’s Environmental Impact Per Task Balloons With More Complexity
Benchmarker Vals AI finds that multi-stage tasks can require models to use exponentially more energy or water than simple queries do.
Wikimedia Foundation staffers vote 158-14 to join the CWA, which will represent 200+ US employees across engineering, finance, and communications (Paresh Dave/Wired)
https://www.wired.com/story/wikipedia-workers-vote-on-whether-to-unionize/
https://www.wired.com/story/wikipedia-workers-vote-on-whether-to-unionize/
WIRED
Wikipedia Workers Unionize for the First Time
More than 200 people in roles such as engineering, finance, and communications will now be represented by the Communications Workers of America.
Resect AI, which is developing open-source tech to catch AI hallucinations before they happen, emerges from stealth with $25M from private equity investors (Kurt Schlosser/GeekWire)
https://www.geekwire.com/2026/startup-takes-on-ai-hallucinations-with-25m-and-an-hq-rooted-in-a-small-town-south-of-seattle/
https://www.geekwire.com/2026/startup-takes-on-ai-hallucinations-with-25m-and-an-hq-rooted-in-a-small-town-south-of-seattle/
GeekWire
Startup takes on AI hallucinations with $25M and an HQ rooted in a small Washington town
Resect AI, an artificial intelligence startup led by a team of scientists and engineers in Washougal, Wash., launched out of stealth Thursday.
Gimlet Labs, which helps customers divide AI tasks across multiple chip types, raised $300M led by a16z at a $3B valuation, six months after an $80M Series A (Dina Bass/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-04/andreessen-backed-ai-startup-gimlet-is-valued-at-3-billion-in-new-round
https://www.bloomberg.com/news/articles/2026-09-04/andreessen-backed-ai-startup-gimlet-is-valued-at-3-billion-in-new-round
Bloomberg.com
Andreessen-Backed AI Startup Gimlet Is Now Valued at $3 Billion
The company, which helps divide AI tasks among different chips, raised $300 million in its latest round
A profile of Hugging Face, which started in 2016 to build a sassy chatbot for teens; CEO Clément Delangue says he approached Nvidia this summer to pursue a deal (Wall Street Journal)
https://www.wsj.com/tech/ai/the-deeply-nerdy-founders-behind-nvidias-13-billion-bet-on-hugging-face-3a4b5227?st=nAwTFp&reflink=desktopwebshare_permalink
https://www.wsj.com/tech/ai/the-deeply-nerdy-founders-behind-nvidias-13-billion-bet-on-hugging-face-3a4b5227?st=nAwTFp&reflink=desktopwebshare_permalink
The Wall Street Journal
The ‘Deeply Nerdy’ Founders Behind Nvidia’s $13 Billion Bet on Hugging Face
The startup began as an emoji-named app for teens before becoming a crusader for open-source artificial intelligence.
Q&A with Jensen Huang and Clément Delangue on the Nvidia-Hugging Face deal, scaling open-source models, the rumored $1B talent retention plan, and more (CNBC)
https://www.cnbc.com/2026/09/03/cnbc-exclusive-transcript-nvidia-founder-ceo-jensen-huang-and-hugging-face-ceo-clment-delangue-speak-with-cnbcs-becky-quick-on-squawk-box-today.html
https://www.cnbc.com/2026/09/03/cnbc-exclusive-transcript-nvidia-founder-ceo-jensen-huang-and-hugging-face-ceo-clment-delangue-speak-with-cnbcs-becky-quick-on-squawk-box-today.html
CNBC
CNBC Exclusive: Transcript: Nvidia Founder & CEO Jensen Huang and Hugging Face CEO Clément Delangue Speak with CNBC’s Becky Quick…
In this article
Sources: initial foldable iPhone production is limited to only a "few hundred" units a day due to Apple's strict quality standards as it ramps up output (Nikkei Asia)
https://asia.nikkei.com/business/electronics/early-foldable-iphone-production-limited-to-a-few-hundred-per-day-sources
https://asia.nikkei.com/business/electronics/early-foldable-iphone-production-limited-to-a-few-hundred-per-day-sources
Nikkei Asia
Early foldable iPhone production limited to a few hundred per day: sources
Apple and suppliers working to ramp up output while meeting strict quality standards
Nvidia becomes a leading global strategic tech backer, with the value of its equity investments up 10x in the past year to $99B, as it bolsters the AI sector (Kai Nicol-Schwarz/CNBC)
https://www.cnbc.com/2026/09/04/nvidia-ai-investments-99-billion.html
https://www.cnbc.com/2026/09/04/nvidia-ai-investments-99-billion.html
CNBC
Nvidia's investments grow to $99 billion as chip giant becomes major backer of AI companies
Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.
Sources: Binance is still operating in the EU months after it failed to get a MiCA license, using workarounds to onboard new customers and reroute its trading (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-04/how-binance-keeps-doing-business-in-europe-without-a-license
https://www.bloomberg.com/news/articles/2026-09-04/how-binance-keeps-doing-business-in-europe-without-a-license
Bloomberg.com
How Binance Keeps Doing Business in Europe Without a License
The news hit with a thud in June: Binance Holdings Ltd., the world’s largest crypto exchange, was about to get kicked out of the European Union.
Sources: DeepSeek plans to use 160K+ of Huawei's Ascend 950DT chips at an Inner Mongolia data center, which would create one of the largest Huawei chip clusters (Mackenzie Hawkins/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-04/deepseek-plans-big-huawei-ai-chip-order-to-power-new-data-center
https://www.bloomberg.com/news/articles/2026-09-04/deepseek-plans-big-huawei-ai-chip-order-to-power-new-data-center
Bloomberg.com
DeepSeek Plans Big Huawei AI Chip Order to Power New Data Center
DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co.’s top accelerators at a massive data center it’s building in Inner Mongolia, which could create one of the largest known clusters of Huawei AI chips and advance China’s efforts to replace…