OpenAI says it will pause new $200/month ChatGPT Pro subscriptions amid "unprecedented" Astra demand; existing accounts, other plans, and API are unaffected (Tibo/@thsottiaux)
https://www.techmeme.com/260910/p32#a260910p32
https://www.techmeme.com/260910/p32#a260910p32
Techmeme
OpenAI says it will pause new $200/month ChatGPT Pro subscriptions amid “unprecedented” Astra demand; existing accounts, other…
Tibo / @thsottiaux: OpenAI says it will pause new $200/month ChatGPT Pro subscriptions amid “unprecedented” Astra demand; existing accounts, other plans, and API are unaffected
ID verification service IDScan confirms that a data breach involved the theft of driver's licenses from its systems after hackers offered 153M licenses for sale (Zack Whittaker/TechCrunch)
https://techcrunch.com/2026/09/10/id-verification-giant-idscan-confirms-data-breach-with-more-than-150-million-drivers-licenses-stolen/
https://techcrunch.com/2026/09/10/id-verification-giant-idscan-confirms-data-breach-with-more-than-150-million-drivers-licenses-stolen/
TechCrunch
ID verification giant IDScan confirms data breach with more than 150 million driver's licenses stolen | TechCrunch
The ID checking company said the data breach included people's full names and driver's licenses and other government-issued identity documents.
Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year (Reuters)
https://www.reuters.com/world/silver-lake-intel-backed-altera-prepares-ipo-that-could-raise-over-2-billion-2026-09-10/
https://www.reuters.com/world/silver-lake-intel-backed-altera-prepares-ipo-that-could-raise-over-2-billion-2026-09-10/
Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours (Jordan Novet/CNBC)
https://www.cnbc.com/2026/09/10/oracle-orcl-q1-earnings-report-2027.html
https://www.cnbc.com/2026/09/10/oracle-orcl-q1-earnings-report-2027.html
CNBC
Oracle's stock edges up on earnings beat as cloud infrastructure revenue more than doubles
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.
California Gov. Gavin Newsom signs bills restricting "addictive" social media features for under-16s and limiting minors' interactions with chatbots (Colin Lecher/CalMatters)
https://calmatters.org/economy/technology/2026/09/california-enacts-laws-restricting-chatbots-protecting-kids-online/
https://calmatters.org/economy/technology/2026/09/california-enacts-laws-restricting-chatbots-protecting-kids-online/
CalMatters
California enacts laws restricting chatbots and banning teens from ‘addictive’ social media
Gov. Gavin Newsom signed a set of bills intended to protect children by regulating internet use, including limiting chatbot sessions.
Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates (Anzar Mehraj/Reuters)
https://www.reuters.com/business/adobe-beats-third-quarter-revenue-estimates-2026-09-10/
https://www.reuters.com/business/adobe-beats-third-quarter-revenue-estimates-2026-09-10/
Sources: Microsoft plans to expand its data center capacity from 12 GW today to 38+ GW by 2032, with about a third of the 38 GW centered on AI-specific chips (Bloomberg)
https://www.bloomberg.com/news/features/2026-09-10/microsoft-ai-focused-data-center-plan-to-add-26-gigawatts-of-compute
https://www.bloomberg.com/news/features/2026-09-10/microsoft-ai-focused-data-center-plan-to-add-26-gigawatts-of-compute
Bloomberg.com
Microsoft Plans Data Center Push to Triple Its Computing Power
Shortages forced the company to turn away some AI and cloud business. Now it’s planning for 38 gigawatts of data center capacity to meet demand.
Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank (Wall Street Journal)
https://www.wsj.com/tech/ai/pentagon-in-talks-to-get-into-ai-infrastructure-funding-with-a-5-billion-loan-0367eeb0
https://www.wsj.com/tech/ai/pentagon-in-talks-to-get-into-ai-infrastructure-funding-with-a-5-billion-loan-0367eeb0
The Wall Street Journal
Exclusive | Pentagon in Talks to Get Into AI Infrastructure Funding With a $5 Billion Loan
Fluidstack, an AI infrastructure company, is being advised on the loan by the bank started by Palmer Luckey, an early supporter of Donald Trump.
London-based Xapien, which uses AI for background checks and due diligence, raised a $56M Series B led by Spectrum Equity (Lucinda Shen/Axios)
https://www.axios.com/pro/all-deals/2026/09/10/due-diligence-ai-xapien-56-million
https://www.axios.com/pro/all-deals/2026/09/10/due-diligence-ai-xapien-56-million
Axios
Exclusive: Due diligence AI startup raises $56M
Xapien says it speeds up work that has traditionally been manual.
Source: AI assistant Instinct is looking to raise $1B in new funding after recently raising $250M, as it seeks more computing power amid capacity constraints (The Information)
https://www.theinformation.com/articles/personal-ai-app-instinct-faces-compute-crunch-lead-new-funding
https://www.theinformation.com/articles/personal-ai-app-instinct-faces-compute-crunch-lead-new-funding
The Information
Personal AI App Instinct Faces Compute Crunch That Could Lead to New Funding
The year-old startup behind Instinct, a personal AI assistant that’s caught fire with Silicon Valley insiders, is seeking more computing power, leveraging its early buzz as it faces new competition from giant Meta Platforms. Over the last few weeks, Instinct…
Only 4% of the startups in YC's 2026 spring batch had a native mobile app as their main product, down from 15% in 2013, as startups focus on AI and agents (Parmy Olson/Bloomberg)
https://www.bloomberg.com/opinion/articles/2026-09-10/ai-is-killing-the-app-economy-and-building-its-successor
https://www.bloomberg.com/opinion/articles/2026-09-10/ai-is-killing-the-app-economy-and-building-its-successor
Bloomberg.com
AI Is Killing the App Economy and Building Its Successor
Artificial intelligence has made it easier than ever to build an app. New releases on Apple Inc.’s App Store surged by about 80% earlier this year as developers vibe coded their way to new software widgets for markets such as wellness and productivity.
Sources: OpenAI asked members of Congress for guidance on whether orchestrating an industry-wide slowdown in AI development would be legal under antitrust law (Maxwell Zeff/Wired)
https://www.wired.com/story/openai-wants-to-know-if-an-ai-industry-slowdown-would-even-be-legal/
https://www.wired.com/story/openai-wants-to-know-if-an-ai-industry-slowdown-would-even-be-legal/
WIRED
OpenAI Wants to Know if an AI Industry Slowdown Would Even Be Legal
AI leaders worry antitrust law could stand in the way of what they view as an increasingly urgent push to coordinate a slowdown in AI development.
Sources: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same (Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-11/openai-is-open-to-slowing-cutting-edge-ai-ceo-sam-altman-tells-staff
https://www.bloomberg.com/news/articles/2026-09-11/openai-is-open-to-slowing-cutting-edge-ai-ceo-sam-altman-tells-staff
Bloomberg.com
OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff
OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same.
Adobe says it hit 1B MAUs, with freemium MAUs surpassing 100M in Q3, up 70%+ YoY, as it increasingly focuses on expanding its freemium AI offerings (Elias Schisgall/Wall Street Journal)
https://www.wsj.com/business/earnings/adobe-hits-1-billion-monthly-active-users-raises-full-year-outlook-b4e45b83
https://www.wsj.com/business/earnings/adobe-hits-1-billion-monthly-active-users-raises-full-year-outlook-b4e45b83
The Wall Street Journal
Adobe Hits 1 Billion Monthly Active Users, Raises Full-Year Outlook
Adobe boosted its outlook for the full fiscal year, projecting adjusted earnings between $24.45 and $24.50 a share and revenue between $26.576 billion and $26.626 billion.
An interview with Apple CEO John Ternus and Greg Joswiak on making the iPhone Duo, minimizing the crease, uninspiring Android foldables, the price, and more (Mark Spoonauer/Tom's Guide)
https://www.tomsguide.com/phones/iphones/interview-apple-ceo-john-ternus-on-his-defining-moment-for-the-iphone-duo
https://www.tomsguide.com/phones/iphones/interview-apple-ceo-john-ternus-on-his-defining-moment-for-the-iphone-duo
tom's guide
Exclusive: Apple CEO John Ternus on iPhone Duo, fixing foldable screens, and the end of the no-stylus 'rule'
Apple’s first
Sources: Kalshi plans to seek US regulatory approval to start offering single-stock perpetual futures; Coinbase filed similar regulatory paperwork last week (Wall Street Journal)
https://www.wsj.com/finance/kalshi-looks-to-expand-a-rapidly-growing-universe-of-risky-trading-a7670fde
https://www.wsj.com/finance/kalshi-looks-to-expand-a-rapidly-growing-universe-of-risky-trading-a7670fde
The Wall Street Journal
Exclusive | Kalshi Looks to Expand a Rapidly Growing Universe of Risky Trading
A platform known for prediction markets has seen perpetual futures surge in popularity.
A US judge finds TikTok liable for lying about its safety standards and exposing minors to inappropriate content, in a 2025 lawsuit filed by Texas AG Ken Paxton (Christian Terry/Click2Houston.com)
https://www.click2houston.com/news/local/2026/09/10/judge-finds-tiktok-liable-for-lying-about-safety-standards-in-texas-lawsuit/
https://www.click2houston.com/news/local/2026/09/10/judge-finds-tiktok-liable-for-lying-about-safety-standards-in-texas-lawsuit/
KPRC
Judge finds TikTok liable for lying about safety standards in Texas lawsuit
A U.S. District Judge has found TikTok liable for lying about its safety standards as part of a lawsuit brought by Texas Attorney General Ken Paxton.
Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO (Ann Cao/South China Morning Post)
https://www.scmp.com/tech/tech-trends/article/3367124/enflame-shares-soar-188-shanghai-debut-nvidia-challenger-taps-investor-fever-ai
https://www.scmp.com/tech/tech-trends/article/3367124/enflame-shares-soar-188-shanghai-debut-nvidia-challenger-taps-investor-fever-ai
South China Morning Post
Enflame soars 179% in Shanghai debut as Nvidia challenger taps AI fever
Tencent-backed company valued at US$25 billion, highlighting its role in Beijing’s push for domestic chips amid US export restrictions.
President Trump rejects warnings of AI-driven human extinction, saying the US leads China by a year and will be "in a very bad position" if it doesn't win in AI (Jeff Mason/Bloomberg)
https://www.bloomberg.com/news/articles/2026-09-11/trump-rejects-warnings-that-ai-may-lead-to-human-extinction
https://www.bloomberg.com/news/articles/2026-09-11/trump-rejects-warnings-that-ai-may-lead-to-human-extinction
Bloomberg.com
Trump Rejects Warnings That AI May Lead to Human Extinction
President Donald Trump brushed aside warnings from artificial intelligence researchers that the technology is becoming too hard to control and could kill all humans, saying his paramount interest is maintaining an edge over China.
Official doc: India's Serious Fraud Office urges the government to probe Xiaomi over alleged business model irregularities and foreign investment law violations (Aditya Kalra/Reuters)
https://www.reuters.com/business/retail-consumer/indias-serious-fraud-office-recommends-detailed-probe-into-xiaomis-business-2026-09-09/
https://www.reuters.com/business/retail-consumer/indias-serious-fraud-office-recommends-detailed-probe-into-xiaomis-business-2026-09-09/
Get iPhone 18 Pro on Us at T-Mobile — America's Best Network (T-Mobile)
https://www.t-mobile.com/news/devices/iphone-18-pro-iphone-duo-apple-watch-release
https://www.t-mobile.com/news/devices/iphone-18-pro-iphone-duo-apple-watch-release
T-Mobile Newsroom
Get iPhone 18 Pro on Us at T-Mobile — America’s Best Network - T-Mobile Newsroom
Explore the new iPhone 18 Pro lineup, iPhone Duo, and the latest Apple Watch models at T-Mobile, plus amazing deals, key features, and pre-order details.