AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (Samantha Oltman/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-08/ai-startup-cognition-raises-2-billion-at-a-48-billion-value
https://www.bloomberg.com/news/articles/2026-09-08/ai-startup-cognition-raises-2-billion-at-a-48-billion-value
Bloomberg.com
AI Startup Cognition Raises $2 Billion at a $48 Billion Value
Artificial intelligence coding startup Cognition AI Inc. has raised $2 billion in a new round of funding that vaulted its valuation to $48 billion.
Sources: Ramp is in early talks to raise about $1B at a ~$60B valuation, up from $44B in June; Ramp has raised $3B to date (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-08/ramp-in-talks-for-new-funding-at-60-billion-valuation
https://www.bloomberg.com/news/articles/2026-09-08/ramp-in-talks-for-new-funding-at-60-billion-valuation
Bloomberg.com
Ramp in Talks for New Funding at $60 Billion Valuation
Ramp is in early talks with investors for a new round of funding at a roughly $60 billion valuation, according to people familiar with the efforts, just three months after the financial technology startup was valued at $44 billion. The company is considering…
OpenAI's Sébastien Bubeck says he never asked for removal of Levent Alpöge from authorship of the work Alpöge and Tristan Buckmaster did on Navier-Stokes (Sebastien Bubeck/@sebastienbubeck)
https://www.techmeme.com/260908/p33#a260908p33
https://www.techmeme.com/260908/p33#a260908p33
Techmeme
OpenAI's Sébastien Bubeck says he never asked for removal of Levent Alpöge from authorship of the work Alpöge and Tristan Buckmaster…
Sebastien Bubeck / @sebastienbubeck: OpenAI's Sébastien Bubeck says he never asked for removal of Levent Alpöge from authorship of the work Alpöge and Tristan Buckmaster did on Navier-Stokes
OpenAI launches ChatGPT Images 2.5, which it says cuts image generation latency by up to 50% vs. Images 2.0, and adds a Sketch feature for drawing in ChatGPT (Ina Fried/Axios)
https://www.axios.com/2026/09/08/exclusive-hands-on-with-chatgpts-new-image-editor
https://www.axios.com/2026/09/08/exclusive-hands-on-with-chatgpts-new-image-editor
Axios
ChatGPT Images gets better at faces, pets and edits
ChatGPT Images 2.5 adds more visual controls while making it easier to preserve the subject of an original photo.
OpenAI says, while unlikely, it "cannot rule out that de-identified data derived" from Buckmaster's and Alpöge's use of its products helped improve its models (OpenAI)
https://openai.com/index/navier-stokes-solution/
https://openai.com/index/navier-stokes-solution/
OpenAI
On the Navier–Stokes Millennium Prize Problem
We’re sharing an AI-generated solution to the Navier–Stokes Millennium Prize Problem, including a writeup and a formal proof in Lean.
Meta launches Muse, a personal AI agent that runs on a dedicated VM in Meta's cloud, initially available in the US, with support coming soon for its AI glasses (Ina Fried/Axios)
https://www.axios.com/2026/09/08/meta-debuts-muse-personal-ai-agent
https://www.axios.com/2026/09/08/meta-debuts-muse-personal-ai-agent
Axios
Meta debuts Muse, its long-planned personal AI agent
The product was a core part of Mark Zuckerberg's vision for more personal - and private - AI in his recent 6,500 word manifesto.
Meta says users can connect their apps to Muse to send emails, turn recipe Reels into grocery lists, make purchases via Link by Stripe support, and more (Sarah Perez/TechCrunch)
https://techcrunch.com/2026/09/08/meta-debuts-its-muse-ai-agent-will-consumers-trust-it/
https://techcrunch.com/2026/09/08/meta-debuts-its-muse-ai-agent-will-consumers-trust-it/
TechCrunch
Meta debuts its Muse AI agent. Will consumers trust it? | TechCrunch
Meta's new personal AI agent Muse wants access to users' email, calendars, payments, health services, and more — making the company's biggest consumer AI bet yet a major test of whether people still trust Meta with their data.
Meta's personal AI agent Muse is powered by Muse Spark 1.3 and is free for up to 100M tokens per week, with $20 and $100 monthly tiers (Riley Griffin/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-08/meta-announces-muse-ai-agent-for-personal-tasks-and-organization
https://www.bloomberg.com/news/articles/2026-09-08/meta-announces-muse-ai-agent-for-personal-tasks-and-organization
Bloomberg.com
Meta Debuts Muse AI Assistant for Personal Tasks and Organization
Meta Platforms Inc. unveiled a new artificial intelligence agent designed to carry out tasks on a user’s behalf, advancing Mark Zuckerberg’s vision of a future where people each have a personalized AI assistant.
Antioch, which creates high-fidelity simulations to reduce the need for hardware validation in physical AI training, raised a $32M Series A led by Greylock (John Koetsier/Forbes)
https://www.forbes.com/sites/johnkoetsier/2026/09/08/heres-a-32-million-bet-that-robots-dont-need-a-billion-dollars-of-real-world-data/
https://www.forbes.com/sites/johnkoetsier/2026/09/08/heres-a-32-million-bet-that-robots-dont-need-a-billion-dollars-of-real-world-data/
Forbes
Here’s A $32 Million Bet That Robots Don’t Need A Billion Dollars Of Real-World Data
How much real-world data do you need to train robots? A billion dollars worth? Antioch's latest funding is an argument that you don't, in fact, need that much.
Source: Anthropic is severing ties with the Information Technology Industry Council after the tech industry trade group opposed three export control measures (Maria Curi/Axios)
https://www.axios.com/2026/09/08/anthropic-breaks-tech-group-chips
https://www.axios.com/2026/09/08/anthropic-breaks-tech-group-chips
Axios
Anthropic breaks from major tech group over chips
Anthropic is quitting a major Washington trade association over a national security fight.
Chime agrees to acquire longtime banking partner Stride Bank for $590M; Stride will become Chime Bank, a wholly owned subsidiary; CHYM jumps 8.5%+ after hours (Paige Smith/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-08/chime-to-become-bank-by-buying-partner-stride-for-590-million
https://www.bloomberg.com/news/articles/2026-09-08/chime-to-become-bank-by-buying-partner-stride-for-590-million
Bloomberg.com
Chime to Become Bank by Buying Partner Stride for $590 Million
Chime Financial Inc. struck a deal to buy Stride Bank for $590 million in cash, snapping up its longtime partner as the fintech streamlines its operations.
Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust (Elias Schisgall/Wall Street Journal)
https://www.wsj.com/finance/banking/block-applies-to-establish-builders-bank-trust-3c6c9556?st=E7uHEo&reflink=desktopwebshare_permalink
https://www.wsj.com/finance/banking/block-applies-to-establish-builders-bank-trust-3c6c9556?st=E7uHEo&reflink=desktopwebshare_permalink
The Wall Street Journal
Block Applies to Establish Builders Bank & Trust
The financial technology company is seeking to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust.
Ireland's media watchdog investigates X over concerns about age assurance measures and parental controls, the first formal probe under the Online Safety Code (Brian O'Donovan/RTÉ)
https://www.rte.ie/news/ireland/2026/0908/1590789-coimisiun-na-mean-x-investigation/
https://www.rte.ie/news/ireland/2026/0908/1590789-coimisiun-na-mean-x-investigation/
RTE.ie
Media watchdog to investigate X over parental concerns
The media regulator Coimisiún na Meán has opened an investigation into Elon Musk's social media platform X amid concerns over its age assurance measures and parental controls.
Q&A with Mark Zuckerberg on Muse, the data center backlash, Meta's recent youth-safety settlement, privacy concerns about Meta's smart glasses, and more (Alex Heath/Sources)
https://sources.news/p/mark-zuckerberg-meta-muse-ai-podcast-interview
https://sources.news/p/mark-zuckerberg-meta-muse-ai-podcast-interview
sources.news
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Meta’s CEO joins me for an in-depth conversation on episode two of the Sources podcast.
In an expanded class action lawsuit, a group of Claude subscribers says Anthropic deceptively advertised the limits of its Max subscription tier (Hayden Field/The Verge)
https://www.theverge.com/ai-artificial-intelligence/990313/anthropic-class-action-lawsuit-pricing-subscription-plans?view_token=eyJhbGciOiJIUzI1NiJ9.eyJpZCI6IjJUcVVhYnBzNm8iLCJwIjoiL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzk5MDMxMy9hbnRocm9waWMtY2xhc3MtYWN0aW9uLWxhd3N1aXQtcHJpY2luZy1zdWJzY3JpcHRpb24tcGxhbnMiLCJleHAiOjE3ODkzMzg2MTQsImlhdCI6MTc4ODkwNjYxNH0.dVyfUa4E3PrNiSev77RXZgABmIiF7eNU0KlFJhCjsYY&utm_medium=gift-link
https://www.theverge.com/ai-artificial-intelligence/990313/anthropic-class-action-lawsuit-pricing-subscription-plans?view_token=eyJhbGciOiJIUzI1NiJ9.eyJpZCI6IjJUcVVhYnBzNm8iLCJwIjoiL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzk5MDMxMy9hbnRocm9waWMtY2xhc3MtYWN0aW9uLWxhd3N1aXQtcHJpY2luZy1zdWJzY3JpcHRpb24tcGxhbnMiLCJleHAiOjE3ODkzMzg2MTQsImlhdCI6MTc4ODkwNjYxNH0.dVyfUa4E3PrNiSev77RXZgABmIiF7eNU0KlFJhCjsYY&utm_medium=gift-link
The Verge
AI power users claim Anthropic duped them with subscriptions, and they’re taking it to court
Some subscribers of Anthropic’s Max plan, which costs $100-$200 per month, say they didn’t get what they thought they were paying for in a new expanded class action lawsuit.
The NSA, CISA, and FBI issue a joint advisory warning that Chinese AI companies, including DeepSeek, are conducting "industrial-scale" distillation campaigns (Reuters)
https://www.reuters.com/technology/us-accuses-chinese-ai-firms-industrial-scale-theft-ai-technology-2026-09-08/
https://www.reuters.com/technology/us-accuses-chinese-ai-firms-industrial-scale-theft-ai-technology-2026-09-08/
Anthropic researcher Jacob Coxon says he is quitting the AI industry over fears that tech companies are racing to build systems they won't be able to control (Amrith Ramkumar/Wall Street Journal)
https://www.wsj.com/tech/ai/anthropic-researcher-quits-over-out-of-control-ai-fears-707b7628?st=axTZSz&reflink=desktopwebshare_permalink
https://www.wsj.com/tech/ai/anthropic-researcher-quits-over-out-of-control-ai-fears-707b7628?st=axTZSz&reflink=desktopwebshare_permalink
The Wall Street Journal
Exclusive | Anthropic Researcher Quits Over ‘Out-of-Control’ AI Fears
Concerns are rising inside AI labs that competition is pushing tech companies to race toward self-improving models that risk spiraling out of human control.
Source: Gimlet Labs raised its $300M round after telling investors OpenAI may spend $100M+ annually on its services; OpenAI says it's not a paying customer yet (The Information)
https://www.theinformation.com/articles/gimlets-three-tranche-deal-reveals-ai-funding-frenzy
https://www.theinformation.com/articles/gimlets-three-tranche-deal-reveals-ai-funding-frenzy
The Information
Gimlet's Three-Tranche Deal Reveals AI Funding Frenzy
Gimlet Labs said late last week it had raised $300 million at a valuation of about $3 billion, in a round led by new investor Andreessen Horowitz. Today we have unreported details on how that round, which boosted its valuation by a whopping 16 times from…
Analysis: from 2019 to 2025, gains in pretraining compute efficiency came mostly from data improvements rather than model improvements (Dwarkesh Podcast)
https://www.dwarkesh.com/p/pretraining-progress-is-mostly-data
https://www.dwarkesh.com/p/pretraining-progress-is-mostly-data
Dwarkesh
Pretraining progress is mostly coming from data
Breaking down 6 years of pretraining progress into data vs model improvements
Microsoft's September 2026 Patch Tuesday fixes a record ~972 vulnerabilities, bringing its total flaws patched in 2026 to 2,760, more than double from 2025 (Dan Goodin/Ars Technica)
https://arstechnica.com/security/2026/09/microsoft-patches-a-record-972-vulnerabilities-112-of-them-critical/
https://arstechnica.com/security/2026/09/microsoft-patches-a-record-972-vulnerabilities-112-of-them-critical/
Ars Technica
Why this month's Microsoft patch release is a doozy
Security gnomes are pumping out patches ahead of an expected onslaught of AI-assisted attacks.
Over 10 US states have rolled back tech giants' tax breaks, which top $1B/year in some states, as many others propose similar bills amid a data center backlash (Wall Street Journal)
https://www.wsj.com/politics/policy/states-that-gave-data-centers-billions-in-tax-breaks-are-now-ripping-up-the-deals-4879c4f9?st=Lemw6y&reflink=desktopwebshare_permalink
https://www.wsj.com/politics/policy/states-that-gave-data-centers-billions-in-tax-breaks-are-now-ripping-up-the-deals-4879c4f9?st=Lemw6y&reflink=desktopwebshare_permalink
The Wall Street Journal
States That Gave Data Centers Billions in Tax Breaks Are Now Ripping Up the Deals
Amazon, Meta and Google risk losing decadeslong exemptions due to a backlash against their facilities