Friday, 18 September 2026
Friday, 18 September 2026
- In brief
- 1The EU wants no social media under 13 and one hour a day at 13 and 14. First, every app must find out who is a child.
- 2Meta readies glasses with no camera
- 3Filmed on a date without asking
- 4Meta sued over face data from photos
- 5Contractors read real ChatGPT chats
- 6Revolut sends passports to scammers
- 7Apple softens its tracking question in Europe
- 8German court makes Meta pay for fake ads
- 9Meta's AI asked about a mother's daughters
- 10Snap puts $2,195 glasses on sale
- 11Cohere and Aleph Alpha merge
- 12Anthropic leases a site in Australia
- 13How banned Nvidia chips reach China
- 14Huawei names its next AI chips
- 15GlobalFoundries lines up two deals
- 16MediaTek's first 2-nanometre phone chip
- 17Salesforce raises its long-term target
- 18Amazon takes a stake in generators
- 19Manus raises at a $4bn value
- 20Factory triples its value to $5bn
- 21Investors pile into hardware
- 22Axelera wins EU supercomputer deals
- 23India starts charging for big UPI payments
- 24Dangote share sale crashes Nigerian apps
- 25US House passes a data-centre power bill
- 26Trump supporters push back on data centres
- 27Data centres hire away the builders
- 28What the AI build-out must earn
- 29Memory shortage settles in for years
- 30AI security list puts permissions first
- 31Open AI models get a safety project
- 32Senate panel backs a free-speech bill
- 33Banking software firm Finastra may be sold
- 34UK pressed to write AI rules
- TruthThe truth, across the day
18 Sept · Tech · In brief
Tech · Friday, 18 September 2026
Tech, in brief
34 stories · 46 sources
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What is moving · 1 of 4
Rules for children online
The EU proposed keeping children under 13 off social media and switching chatbots off for them.
What is moving · 2 of 4
Cameras and faces nobody agreed to
A woman found herself posted on Instagram after a date wore Meta's camera glasses.
What is moving · 3 of 4
Personal data reused or leaked
Revolut, a large online bank, sent customers' passports to scammers posing as a government agency.
What is moving · 4 of 4
Money for AI buildings and chips
Anthropic, maker of the Claude AI models, agreed to lease a 2.16-gigawatt data-centre site in Australia, people familiar told Reuters.
Part of the day's signal
One pressure seen across the day runs through Tech too.
11 sources
Tech, in brief
- 1EU Commission proposes under-13s social media ban
- 7Meta is reportedly gearing up to launch new smart glasses without a camera
- 9'I Felt Super Violated': Men Wearing Meta Glasses on Dates Is an Instant Red Flag
- 14Meta Sued Over Training Data for Its AI and Face-Recognition Systems
- 16Hundreds of contractors are reportedly reading real ChatGPT conversations
- 17Apple will let EU apps use less alarming tracking consent screens
- 18Meta says it's changing AI suggestions after posing invasive personal questions
- 20Anthropic signs first Australia data centre agreement
- 28Amazon obtains right to buy up to $340M of Generac, boosting stock
- 31In Silicon Valley, Hardware Is Having a Moment Again
- 35Revolut confirms customer data breach through fake government requests
The EU wants no social media under 13 and one hour a day at 13 and 14. First, every app must find out who is a child.
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The European Commission, which writes the European Union's draft laws, proposed the EU Kids Act on Thursday.
the Commission cites it as the case for the law
Who is involved
Ursula von der Leyen
president of the European Commission, the EU's executive arm; she announced the age limits in a speech on Wednesday [3]
Who is involved
Henna Virkkunen
the EU's tech chief; she presented the act with von der Leyen [4]
Why it matters
The next test is whether the European Parliament, which asked for 16, and governments like Estonia, which oppose any age ban, can agree one number with the Commission.
How it works
Data kept for one job ends up doing another
How it works
Companies keep passports, chats and photos long after the job they were collected for, and those copies later get read, reused or stolen.
How it works · step 1 of 5
A company collects something for one job: a passport to open an account, a chat to answer a question, a photo to share.
How it works · step 2 of 5
It keeps a copy, because storing is cheap and deleting takes work.
How it works · step 3 of 5
The copy stays, and new uses for it appear: training an AI, human review, face matching.
How it works · step 4 of 5
Or someone outside finds a way to ask for it, as scammers did at Revolut.
How it works · step 5 of 5
The person who handed it over agreed to the first job, not to the later ones.
The twist
Handing over a passport or a chat is not one decision made once.
The twist
The company that keeps it can later use it, show it to others or lose it, without asking again.
Seen the same day
Passports and selfies were collected to check who customers are, kept on file, and then handed out to someone posing as a government agency.
Seen the same day
Conversations were collected to answer questions, kept, and then read by hired reviewers to improve the model.
Seen the same day
Photos were uploaded to share with friends, and the lawsuit says Meta later used them to build face data.
Seen the same day
Age checks mean apps must collect data about every user, and a tech lobby group already warns that store will attract criminals.
The catch
The EU's own age app shows a partial answer: it tries to prove an age without keeping an identity, but researchers got round it in under two minutes.
The whole
Anyone who has shown a passport to an app, typed a worry into a chatbot or been caught in a stranger's photo is part of this.
The whole
None of us can see which of those copies still exist, or who is looking at them today.
What's really going on
The European Commission wants every app and app store in the EU to check how old its users are, so that children under 13 stay off social media.
Why it works on people
Protecting children is hard to argue against in public, so CCIA Europe, speaking for Google and Meta, did not object to the goal and warned instead that the age data would attract criminals.
Who pays
Every EU user of social media, if the law passes
Apps must check ages when accounts open and estimate the age of existing users, which means collecting more data about everyone.
Nobody knows yet
Which age limit survives.
The European Parliament asked for 16, France wanted 15, and Estonia and Belgium oppose any age ban, so the final number is up to the negotiation.
Nobody knows yet
How an app can check age without collecting identity.
The Commission's age app is meant to prove age without revealing who someone is, but researchers got round it in under two minutes. For existing accounts, platforms may estimate age from details such as credit card information.
The short version
That's the story in short.
The whole story has 13 more parts.
or swipe up for the next storyor scroll on for the next story ↓
The whole story, in 13 parts ↓
Part 1 of 13 · Who else is involved
CCIA Europe
a lobby group for tech companies including Google and Meta; it warned the age data would be a target for criminals [1]
Part 1 of 13 · Who else is involved
France
an EU member that pushed for 15; its own under-15 ban was struck down by its top constitutional court in August [5][6]
Part 2 of 13 · How it unfolded
March
Von der Leyen sets up a panel of more than 60 experts on children online
Mon 14 Sep
A draft seen by Reuters shows a plan restricting under-15s
Part 2 of 13 · How it unfolded
Mon 14 Sep
A draft seen by Reuters shows a plan restricting under-15s
Thu 17 Sep
The Commission presents the EU Kids Act
Part 3 of 13
Children under 13 would not be allowed on social media.
Part 3 of 13
From 3 to 12 they could use only child-friendly video services, through a parent's account, for one hour a day.
Part 4 of 13
At 13 and 14, a child could have a 'mini account' run by a parent, with few contacts and one hour a day.
Part 4 of 13
At 15 they could open their own account.
Part 5 of 13
For everyone under 18, apps would have to switch off infinite scroll, reward tricks, night-time notifications, feeds built from tracking, and messages from strangers.
Part 6 of 13
AI chatbots and AI companions would be off by default for children, and must not be built to make a child emotionally dependent on them.
Part 7 of 13
Apps and app stores must check a user's age when a new account is opened.
Part 7 of 13
Existing accounts must be checked for under-15s within six months of the rules starting.
Part 8 of 13
Companies that break the rules could be fined up to 6% of their worldwide yearly sales, and must pay a fee that funds the regulators watching them.
Part 9 of 13
The age limit was argued over until Monday.
Part 9 of 13
The Commission's expert panel wanted 13, France wanted 15, and the European Parliament had asked for 16.
Part 10 of 13
France's own under-15 ban was struck down in August by its Constitutional Council, its top constitutional court, saying it was too harsh and did not protect users' data well enough.
Part 10 of 13
President Emmanuel Macron then asked for one rule for the whole EU.
Part 11 of 13
CCIA Europe, a lobby group whose members include Google and Meta, said collecting age and identity data at this scale would attract criminals.
Part 12 of 13
The Commission's own age-check app is meant to prove a person's age without revealing who they are.
Part 12 of 13
Researchers got round it in under two minutes.
Part 13 of 13
It is only a proposal.
Part 13 of 13
The European Parliament and the member governments must agree a final text, and Estonia and Belgium oppose age bans outright.
6 sources
The EU wants no social media under 13 and one hour a day at 13 and 14. First, every app must find out who is a child.
- 1EU Commission proposes under-13s social media ban
- 2EU proposes Kids Act banning social media for under-13s and capping teen use at an hour a day
- 3Age Limits for Social Media Outlined by European Union
- 4EU is set to propose ban on social media and AI chatbots for under-15s
- 5The Commission unveils its EU Kids Act on Thursday with the age limit still unsettled
- 6The Commission president proposes no social media for children under 13 in the EU
The full story
The EU wants no social media under 13 and one hour a day at 13 and 14. First, every app must find out who is a child.
The European Commission, which writes the European Union's draft laws, proposed the EU Kids Act on Thursday.
Children under 13 would not be allowed on social media. From 3 to 12 they could use only child-friendly video services, through a parent's account, for one hour a day.
At 13 and 14, a child could have a 'mini account' run by a parent, with few contacts and one hour a day. At 15 they could open their own account.
For everyone under 18, apps would have to switch off infinite scroll, reward tricks, night-time notifications, feeds built from tracking, and messages from strangers.
AI chatbots and AI companions would be off by default for children, and must not be built to make a child emotionally dependent on them.
Apps and app stores must check a user's age when a new account is opened. Existing accounts must be checked for under-15s within six months of the rules starting.
Companies that break the rules could be fined up to 6% of their worldwide yearly sales, and must pay a fee that funds the regulators watching them.
The age limit was argued over until Monday. The Commission's expert panel wanted 13, France wanted 15, and the European Parliament had asked for 16.
France's own under-15 ban was struck down in August by its Constitutional Council, its top constitutional court, saying it was too harsh and did not protect users' data well enough. President Emmanuel Macron then asked for one rule for the whole EU.
CCIA Europe, a lobby group whose members include Google and Meta, said collecting age and identity data at this scale would attract criminals.
The Commission's own age-check app is meant to prove a person's age without revealing who they are. Researchers got round it in under two minutes.
It is only a proposal. The European Parliament and the member governments must agree a final text, and Estonia and Belgium oppose age bans outright.
Why it matters. The next test is whether the European Parliament, which asked for 16, and governments like Estonia, which oppose any age ban, can agree one number with the Commission.
Meta readies glasses with no camera
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Meta is preparing smart glasses with no camera, codenamed Luna, to show at its Connect conference on 23 and 24 September, the tech news site The Information reported.
They would carry six microphones and speakers so the wearer can talk to Meta's AI, and could ship in October.
Meta's camera glasses have been banned from New York courtrooms and Britain's largest pub chain.
Why it matters
The camera is what drew the backlash, so Meta's reported answer is a pair without one.
Nobody knows yet
Whether Meta's camera-free glasses are real.
The only source is a report by The Information, and Meta has not announced them; its Connect conference is on 23 and 24 September.
The full story
Meta readies glasses with no camera
Meta is preparing smart glasses with no camera, codenamed Luna, to show at its Connect conference on 23 and 24 September, the tech news site The Information reported.
Why it matters. The camera is what drew the backlash, so Meta's reported answer is a pair without one.
Filmed on a date without asking
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WIRED spoke to women who were filmed by dates wearing Meta's camera glasses, including one who found the footage on the man's Instagram the next day.
Meta sold more than 7 million pairs in 2025.
A California bill that passed both chambers would require visible recording lights that cannot be switched off.
Why it matters
The person being filmed never agreed to anything, and the only protection is a light they may not notice.
Who pays
People filmed by smart-glasses wearers
A small light is their only warning, and one woman found herself posted on Instagram after a date in New York.
1 source
Filmed on a date without asking
The full story
Filmed on a date without asking
WIRED spoke to women who were filmed by dates wearing Meta's camera glasses, including one who found the footage on the man's Instagram the next day.
Why it matters. The person being filmed never agreed to anything, and the only protection is a light they may not notice.
Meta sued over face data from photos
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A proposed class action says Meta turned faces in Facebook and Instagram photos into faceprints, a kind of biometric ID, without consent.
It follows a WIRED report that code for a face-recognition feature called NameTag sat inside Meta's glasses app, downloaded more than 50 million times.
The plaintiffs include a California man and his 10-year-old daughter.
Why it matters
Meta paid $650m in 2020 and $1.4bn to Texas in 2024 over earlier face data cases.
How it works
Photos were uploaded to share with friends, and the lawsuit says Meta later used them to build face data.
The idea, in story 1: Data kept for one job ends up doing another →Nobody knows yet
Where the faceprints in Meta's glasses app came from.
The lawsuit says Facebook and Instagram photos, but admits Meta has never disclosed which images, if any, were used.
2 sources
Meta sued over face data from photos
The full story
Meta sued over face data from photos
A proposed class action says Meta turned faces in Facebook and Instagram photos into faceprints, a kind of biometric ID, without consent.
Why it matters. Meta paid $650m in 2020 and $1.4bn to Texas in 2024 over earlier face data cases.
Contractors read real ChatGPT chats
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OpenAI pays hundreds of contractors to read real ChatGPT conversations and rate the replies, under a project called Lily, the news site 404 Media reported.
Reviewers do not see names, but they can see a summary of what the user has asked before.
A filter strips personal details first, and OpenAI's own page says it can miss some.
The setting that allows this is on by default for free and paying consumer accounts, and off for business accounts.
Why it matters
People who assumed a chat was private may have had it read by a stranger.
Why it matters
Italy's privacy regulator has already fined OpenAI 15 million euros over how it handles personal data.
How it works
Conversations were collected to answer questions, kept, and then read by hired reviewers to improve the model.
The idea, in story 1: Data kept for one job ends up doing another →What's really going on
In the same week Revolut sent customers' passports to scammers, OpenAI was found paying contractors to read ChatGPT chats, and a lawsuit said Meta built face data from people's photos.
Who pays
ChatGPT users on free and paying consumer plans
The setting that lets OpenAI use their chats to improve the model is on by default for them, and off for business customers.
Nobody knows yet
Where OpenAI tells ChatGPT users that people may read their chats.
404 Media asked and OpenAI did not answer; after publication it pointed to a help page.
Part of a signal
Personal details reaching people they were never meant for
Seen in 2 of the 12 beats
Also seen in Cyber.
The whole signal →4 sources
Contractors read real ChatGPT chats
The full story
Contractors read real ChatGPT chats
OpenAI pays hundreds of contractors to read real ChatGPT conversations and rate the replies, under a project called Lily, the news site 404 Media reported.
Why it matters. People who assumed a chat was private may have had it read by a stranger.
Revolut sends passports to scammers
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Revolut, a London-based online bank with more than 80 million customers, confirmed that scammers got customers' data by sending requests from a real government agency's email address.
The data included passports, driving licences, birth dates, addresses and possibly verification selfies and statements.
Revolut says a 'limited' number were affected and will not name the agency or the countries.
Why it matters
A passport copy cannot be changed like a password, so the risk to those customers lasts.
Why it matters
Banks are trained to answer official requests quickly, which is exactly the habit this attack used.
How it works
Passports and selfies were collected to check who customers are, kept on file, and then handed out to someone posing as a government agency.
The idea, in story 1: Data kept for one job ends up doing another →Who pays
Revolut customers whose documents went to scammers
A passport copy, unlike a password, cannot be changed.
Nobody knows yet
How many Revolut customers were affected, and which government agency's email was used.
Revolut says only that the number was 'limited' and will not name the agency, the countries or how long the requests went on.
2 sources
Revolut sends passports to scammers
The full story
Revolut sends passports to scammers
Revolut, a London-based online bank with more than 80 million customers, confirmed that scammers got customers' data by sending requests from a real government agency's email address.
Why it matters. A passport copy cannot be changed like a password, so the risk to those customers lasts.
Apple softens its tracking question in Europe
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Apple will let apps in the EU show a gentler version of App Tracking Transparency, the pop-up that asks if an app may follow you across other apps.
The new screen drops the word 'track' and offers 'Allow' and 'Reject'.
It follows agreements with some European competition regulators, and only the new version will be used in Germany, France, Italy, Poland and Romania.
Why it matters
Most people answer the old question by refusing, which cuts income for ad-funded apps like Meta's.
Why it matters
Apple says the screens protect privacy, while its own apps can still show personalised ads from data Apple collects.
Who gains
Ad-funded apps such as Meta's in Germany, France, Italy, Poland and Romania
Apple's softer tracking question drops the word 'track' and offers 'Allow' and 'Reject', and people mostly refused the old one.
1 source
Apple softens its tracking question in Europe
The full story
Apple softens its tracking question in Europe
Apple will let apps in the EU show a gentler version of App Tracking Transparency, the pop-up that asks if an app may follow you across other apps.
Why it matters. Most people answer the old question by refusing, which cuts income for ad-funded apps like Meta's.
German court makes Meta pay for fake ads
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A German court ruled that Meta is liable for fake investment ads that strangers placed on Instagram and Facebook, and ordered it to remove them and pay damages.
The case was brought by a German financial website whose logo and founder's image were used without consent.
It reported nearly 260 such ads in August 2024, and Meta took up to 62 days to remove some.
Why it matters
The court said Meta cannot claim it did not know, because its own algorithms choose what people see.
Why it matters
The ruling is not final, and Meta says it is considering next steps.
1 source
German court makes Meta pay for fake ads
The full story
German court makes Meta pay for fake ads
A German court ruled that Meta is liable for fake investment ads that strangers placed on Instagram and Facebook, and ordered it to remove them and pay damages.
Why it matters. The court said Meta cannot claim it did not know, because its own algorithms choose what people see.
Meta's AI asked about a mother's daughters
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Meta changed the questions its AI assistant suggests after a viral video from Kalie Robins, an Instagram user.
Under a clip of her singing in the car with her child, Meta AI suggested asking 'Who is the child passenger?'.
It then gathered details and photos of her daughters from her posts and her relatives' posts, including one she says she deleted.
Meta said the feature 'missed the mark' and has been fixed.
Why it matters
An assistant built into Facebook, Instagram and WhatsApp pulled scattered family posts into a profile of two children.
Why it matters
Meta had already pulled an AI image feature in July after a backlash.
Good news
Meta fixed its AI assistant after a mother showed it suggesting questions about her young daughters, days after her video spread.
1 source
Meta's AI asked about a mother's daughters
The full story
Meta's AI asked about a mother's daughters
Meta changed the questions its AI assistant suggests after a viral video from Kalie Robins, an Instagram user.
Why it matters. An assistant built into Facebook, Instagram and WhatsApp pulled scattered family posts into a profile of two children.
Snap puts $2,195 glasses on sale
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Snap, the company behind Snapchat, showed what its $2,195 Specs augmented-reality glasses can do at an event in Los Angeles on Wednesday.
They are a full computer on the face, with displays in both lenses that lay pictures over the real world.
The battery lasts about four hours, and a reviewer found the controls finicky.
Why it matters
Snap has beaten Meta to glasses with screens in both eyes, but at a price most people cannot pay.
3 sources
Snap puts $2,195 glasses on sale
The full story
Snap puts $2,195 glasses on sale
Snap, the company behind Snapchat, showed what its $2,195 Specs augmented-reality glasses can do at an event in Los Angeles on Wednesday.
Why it matters. Snap has beaten Meta to glasses with screens in both eyes, but at a price most people cannot pay.
Cohere and Aleph Alpha merge
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Cohere, a Canadian AI company, and Aleph Alpha, once called Germany's AI champion, confirmed they will combine under the Cohere name, with head offices in Toronto and Berlin.
Schwarz Group, which owns the Lidl supermarkets, will invest 500 million euros and supply computing power.
The deal still needs regulators' approval.
Why it matters
Both sell AI that runs inside a customer's own computers and follows local rules, which governments and big firms are asking for.
Why it matters
Mistral, Europe's leading AI model maker, raised 3 billion euros last week.
The full story
Cohere and Aleph Alpha merge
Cohere, a Canadian AI company, and Aleph Alpha, once called Germany's AI champion, confirmed they will combine under the Cohere name, with head offices in Toronto and Berlin.
Why it matters. Both sell AI that runs inside a customer's own computers and follows local rules, which governments and big firms are asking for.
Anthropic leases a site in Australia
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Anthropic, the maker of the Claude AI models, has agreed to lease a planned data-centre campus in Australia, people familiar told Reuters.
The site is farmland about 250km from Brisbane, planned at 2.16 gigawatts, and would start running in 2027.
Its Singapore-based developer, Zerra DC, says it will buy renewable power and pay for its own grid connection.
Why it matters
OpenAI signed for a Sydney data centre last year, and economists expect up to A$150bn of such investment by 2030.
Why it matters
Australia's government has promised limits on data-centre use of land, water and power from 2027.
The full story
Anthropic leases a site in Australia
Anthropic, the maker of the Claude AI models, has agreed to lease a planned data-centre campus in Australia, people familiar told Reuters.
Why it matters. OpenAI signed for a Sydney data centre last year, and economists expect up to A$150bn of such investment by 2030.
How banned Nvidia chips reach China
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C4ADS, a research group funded mostly by the US government, traced three routes by which Nvidia's AI chips, banned from sale to China, get there anyway.
The largest ran through Megaspeed, a firm based in Singapore whose real owner is unclear, and was worth $4.6bn.
Smaller amounts moved through Vietnam, India and Malaysia, and through Chinese universities.
Why it matters
The US bans the sales and China discourages the purchases, yet the chips arrive anyway.
Nobody knows yet
Who really owns Megaspeed, the firm behind $4.6bn of chips reaching China.
C4ADS calls its ownership unresolved, and it is unclear who owns Swiftdata, the Singapore firm that bought it in 2023.
1 source
How banned Nvidia chips reach China
The full story
How banned Nvidia chips reach China
C4ADS, a research group funded mostly by the US government, traced three routes by which Nvidia's AI chips, banned from sale to China, get there anyway.
Why it matters. The US bans the sales and China discourages the purchases, yet the chips arrive anyway.
Huawei names its next AI chips
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Huawei, the Chinese company that makes telecoms gear and AI chips, will launch two new AI chips in 2027, its rotating chairman David Wang said on Thursday.
The 960DT is due in the first quarter and the Ascend 960PR in the third.
Wang said Huawei has shipped more than 1,000 large AI computing systems to more than 370 customers.
Why it matters
Huawei is the company China relies on to replace the Nvidia chips the US will not sell it.
Why it matters
Wang said UnifiedBus, Huawei's way of linking many chips to work as one, is key to its next systems.
2 sources
Huawei names its next AI chips
The full story
Huawei names its next AI chips
Huawei, the Chinese company that makes telecoms gear and AI chips, will launch two new AI chips in 2027, its rotating chairman David Wang said on Thursday.
Why it matters. Huawei is the company China relies on to replace the Nvidia chips the US will not sell it.
GlobalFoundries lines up two deals
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Japan and the US are discussing a chip factory worth 2 to 3 trillion yen, about $13bn to $19bn, to be run by GlobalFoundries, the Nikkei newspaper reported.
It would come from the $550bn Japan pledged to invest in the US under their tariff deal.
Separately, GlobalFoundries and Marvell expanded a deal for chips used in fast optical links inside data centres, made in Vermont.
Why it matters
GlobalFoundries makes older, specialist chips for cars and phones, not AI chips, so the Japanese money would go to everyday parts.
Nobody knows yet
Whether the Japan-funded GlobalFoundries plant will happen.
The only report is the Nikkei's, which gave no sources, and neither government has commented.
3 sources
GlobalFoundries lines up two deals
The full story
GlobalFoundries lines up two deals
Japan and the US are discussing a chip factory worth 2 to 3 trillion yen, about $13bn to $19bn, to be run by GlobalFoundries, the Nikkei newspaper reported.
Why it matters. GlobalFoundries makes older, specialist chips for cars and phones, not AI chips, so the Japanese money would go to everyday parts.
MediaTek's first 2-nanometre phone chip
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MediaTek, a Taiwanese company that designs chips for Android phones, launched the Dimensity 9600 Pro.
It is its first phone chip made on the newest 2-nanometre process of TSMC, the Taiwanese company that makes most of the world's advanced chips.
MediaTek sells to Chinese phone makers such as Xiaomi, Oppo and Vivo, and its stock-market value passed that of Qualcomm, the US phone-chip maker, this year.
Why it matters
MediaTek says phone prices are rising as the AI boom strains supplies, and it still expects to win more expensive phones.
Why it matters
Nvidia put $3.5bn into a MediaTek bond sale last month.
1 source
MediaTek's first 2-nanometre phone chip
The full story
MediaTek's first 2-nanometre phone chip
MediaTek, a Taiwanese company that designs chips for Android phones, launched the Dimensity 9600 Pro.
Why it matters. MediaTek says phone prices are rising as the AI boom strains supplies, and it still expects to win more expensive phones.
Salesforce raises its long-term target
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Salesforce, which sells software that companies use to manage their customers, told investors it expects more than $63bn of revenue in the year to early 2030.
Analysts had expected about $59.2bn.
Its boss, Marc Benioff, said its Anthropic shares will likely be worth tens of billions.
Why it matters
Software sellers' shares fell this year on fears that AI would replace them.
Why it matters
Salesforce is answering by selling AI through its own products and by holding a stake in an AI lab.
Who gains
Salesforce
Its boss says its Anthropic shares will likely be worth tens of billions, and that it will probably sell them to pay off buy-back debt.
1 source
Salesforce raises its long-term target
The full story
Salesforce raises its long-term target
Salesforce, which sells software that companies use to manage their customers, told investors it expects more than $63bn of revenue in the year to early 2030.
Why it matters. Software sellers' shares fell this year on fears that AI would replace them.
Amazon takes a stake in generators
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Amazon got the right to buy up to $340m of shares in Generac, a maker of backup power generators, and Generac's shares jumped more than 40% after hours.
Generac will supply generators for Amazon's data centres, with first deliveries worth $2.4bn in 2027 and 2028.
Last week Amazon took similar rights to up to $4bn of Qualcomm shares in a chip deal.
Why it matters
Amazon often takes a stake in the suppliers it depends on, from chips to air cargo.
Who gains
Generac
Amazon will buy its data-centre generators, first deliveries worth $2.4bn, and its shares jumped more than 40%.
1 source
Amazon takes a stake in generators
The full story
Amazon takes a stake in generators
Amazon got the right to buy up to $340m of shares in Generac, a maker of backup power generators, and Generac's shares jumped more than 40% after hours.
Why it matters. Amazon often takes a stake in the suppliers it depends on, from chips to air cargo.
Manus raises at a $4bn value
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Manus, an AI start-up founded in China, is raising about $500m at a $4bn value, twice what Meta had agreed to pay for it, people told Bloomberg.
China's government forced Meta's $2bn purchase of Manus to be reversed earlier this year.
GMI Cloud, which rents out AI computing, is seeking a $300m loan to buy chips for a data centre in Thailand that the Chinese internet giant Tencent will use.
Why it matters
A purchase blocked by China's government left Manus worth twice the price Meta had offered.
Who gains
Manus's backers
After China forced Meta's $2bn purchase to be reversed, Manus is raising money at a $4bn value, twice what Meta had agreed to pay.
1 source
Manus raises at a $4bn value
The full story
Manus raises at a $4bn value
Manus, an AI start-up founded in China, is raising about $500m at a $4bn value, twice what Meta had agreed to pay for it, people told Bloomberg.
Why it matters. A purchase blocked by China's government left Manus worth twice the price Meta had offered.
Factory triples its value to $5bn
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Factory, a San Francisco start-up whose AI agents write, test and maintain software for large companies, raised $200m at a $5bn value.
That is more than three times its $1.5bn value in April.
A rival coding-agent maker, Cognition, raised $2bn at a $48bn value earlier this month.
Why it matters
Writing code is one of the most widely used jobs for AI, and investors keep paying more for the firms that do it.
1 source
Factory triples its value to $5bn
The full story
Factory triples its value to $5bn
Factory, a San Francisco start-up whose AI agents write, test and maintain software for large companies, raised $200m at a $5bn value.
Why it matters. Writing code is one of the most widely used jobs for AI, and investors keep paying more for the firms that do it.
Investors pile into hardware
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Matter Venture Partners raised $450m for a second fund that backs chip, robot, energy and quantum start-ups, with ASML, which makes chip-printing machines, and TSMC among its investors.
Venture firms put $90bn into this kind of hardware so far this year, up from $23bn in all of 2020, according to the data firm PitchBook.
Its founder, Wen Hsieh, spent 17 years at the venture firm Kleiner Perkins.
Why it matters
AI is shaking up software, the business venture firms used to live on, and money is moving to the physical things AI needs.
The full story
Investors pile into hardware
Matter Venture Partners raised $450m for a second fund that backs chip, robot, energy and quantum start-ups, with ASML, which makes chip-printing machines, and TSMC among its investors.
Why it matters. AI is shaking up software, the business venture firms used to live on, and money is moving to the physical things AI needs.
Axelera wins EU supercomputer deals
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Axelera, a European chip start-up, will supply chips to EU-backed AI centres in Italy and Luxembourg, working with the computer maker Dell.
The EU is turning its supercomputer centres into 'AI factories' so European firms and scientists can get computing power.
Axelera makes chips that run AI models rather than train them, and launched a second, larger chip.
Why it matters
The EU wants its firms and scientists to have AI computing of their own, to narrow the gap with the US and China.
1 source
Axelera wins EU supercomputer deals
The full story
Axelera wins EU supercomputer deals
Axelera, a European chip start-up, will supply chips to EU-backed AI centres in Italy and Luxembourg, working with the computer maker Dell.
Why it matters. The EU wants its firms and scientists to have AI computing of their own, to narrow the gap with the US and China.
India starts charging for big UPI payments
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India's UPI, the phone payment network behind most digital payments in the country, will charge merchants 0.4% on payments above 2,000 rupees, about $21, from 15 October.
Buyers still pay nothing, and small merchants are exempt.
The operator says running UPI costs about $2.1bn a year.
Why it matters
India made UPI free for merchants in 2020 to get more people using it.
Who gains
Payment companies such as Paytm, Pine Labs and PhonePe
They will share a new 0.4% fee on UPI payments above 2,000 rupees from 15 October.
Who pays
Indian merchants taking larger UPI payments
They must pay the 0.4% fee and are not allowed to pass it on to buyers.
Nobody knows yet
How much India's new UPI fee will raise, and who gets it.
The operator, NPCI, did not say how it reached its $2.1bn cost figure or how the money will be split.
1 source
India starts charging for big UPI payments
The full story
India starts charging for big UPI payments
India's UPI, the phone payment network behind most digital payments in the country, will charge merchants 0.4% on payments above 2,000 rupees, about $21, from 15 October.
Why it matters. India made UPI free for merchants in 2020 to get more people using it.
Dangote share sale crashes Nigerian apps
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Several Nigerian investing apps went down as people rushed to buy shares in the Dangote oil refinery, Africa's largest ever share sale at $1.6bn.
Traffic on Bamboo, one of the biggest apps, rose tenfold within 30 minutes.
Nigeria's markets regulator told first-time buyers to use approved channels, and analysts warned of fake sites.
Why it matters
Many Nigerians are buying shares for the first time through their phones.
1 source
Dangote share sale crashes Nigerian apps
The full story
Dangote share sale crashes Nigerian apps
Several Nigerian investing apps went down as people rushed to buy shares in the Dangote oil refinery, Africa's largest ever share sale at $1.6bn.
Why it matters. Many Nigerians are buying shares for the first time through their phones.
US House passes a data-centre power bill
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The US House of Representatives passed the Ratepayer Protection Act, with only three members voting against.
It sets standards that state regulators may adopt to make data centres using 100 megawatts or more pay for new power plants and lines.
Environmental groups say it is too weak because states can ignore it.
Why it matters
Rising electricity bills near data centres have become an election issue in the US.
Good news
The US House of Representatives passed a bill with only three votes against that lets state regulators make large data centres pay for their own new power plants and power lines, instead of passing the cost to households.
1 source
US House passes a data-centre power bill
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US House passes a data-centre power bill
The US House of Representatives passed the Ratepayer Protection Act, with only three members voting against.
Why it matters. Rising electricity bills near data centres have become an election issue in the US.
Trump supporters push back on data centres
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The New York Times analysed thousands of replies to Donald Trump's posts praising AI data centres on Truth Social, his social network.
Comments against AI and data centres outnumbered those in favour by nearly four to one.
Several complained about data centres being built in the countryside.
Why it matters
Some of the anger is about sites built in the countryside, where more Republican voters live.
1 source
Trump supporters push back on data centres
The full story
Trump supporters push back on data centres
The New York Times analysed thousands of replies to Donald Trump's posts praising AI data centres on Truth Social, his social network.
Why it matters. Some of the anger is about sites built in the countryside, where more Republican voters live.
Data centres hire away the builders
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Data centres are drawing electricians and building crews away from housing, argues Breakingviews, Reuters' opinion column.
The US building industry is short about 439,000 workers, and people moving to data-centre jobs get pay rises of 25% to 30%.
Research by Ryan Wang at Yale University found that 100 megawatts of new data centre in a US county raises household fixed electricity charges by 0.7%.
Why it matters
The same workers are needed to build homes, which several Western governments are trying to speed up.
Who pays
Households near new US data centres
Research at Yale found 100 megawatts of data centre in a county raises household fixed electricity charges by 0.7%.
The full story
Data centres hire away the builders
Data centres are drawing electricians and building crews away from housing, argues Breakingviews, Reuters' opinion column.
Why it matters. The same workers are needed to build homes, which several Western governments are trying to speed up.
What the AI build-out must earn
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The biggest AI companies will likely spend more than $1 trillion on data centres next year, MIT Technology Review reports.
Jessica Wachter, a finance professor at the University of Pennsylvania and former chief economist of the US markets regulator, worked out what they must earn to break even by 2030.
Her answer is that their productivity must rise 2.7 times.
Why it matters
It turns the question 'is AI a bubble?' into a number that can be checked against company earnings over the next few years.
The full story
What the AI build-out must earn
The biggest AI companies will likely spend more than $1 trillion on data centres next year, MIT Technology Review reports.
Why it matters. It turns the question 'is AI a bubble?' into a number that can be checked against company earnings over the next few years.
Memory shortage settles in for years
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Small phone and laptop makers are planning for years of memory shortage, and the boss of Jolla, a Finnish phone maker, expects supply to recover only from 2028.
Contract prices for DRAM, the working memory in every device, are rising 13% to 18% this quarter, after 93% to 98% in the first.
Memory can be almost 60% of the parts cost of a $400 phone, according to Fairphone's boss.
Why it matters
Price rises are slowing but supply is not coming back, so cheap phones may disappear.
Why it matters
The research firm Counterpoint forecast phone shipments will fall 13.9% this year, the steepest drop on record.
1 source
Memory shortage settles in for years
The full story
Memory shortage settles in for years
Small phone and laptop makers are planning for years of memory shortage, and the boss of Jolla, a Finnish phone maker, expects supply to recover only from 2028.
Why it matters. Price rises are slowing but supply is not coming back, so cheap phones may disappear.
AI security list puts permissions first
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OWASP, which publishes a widely used list of top security risks, moved 'excessive agency' from sixth to third in its 2026 list for AI apps.
Excessive agency means an AI agent has been given more tools and passwords than it needs.
Since 11 September, the EU's Cyber Resilience Act makes product makers report an actively exploited flaw within 24 hours.
Why it matters
The danger has moved from what an AI says to what it is allowed to do.
Good news
Since 11 September, companies that sell connected products in the European Union must warn their national cyber-response team within 24 hours when a flaw in them is being actively used by attackers.
1 source
AI security list puts permissions first
The full story
AI security list puts permissions first
OWASP, which publishes a widely used list of top security risks, moved 'excessive agency' from sixth to third in its 2026 list for AI apps.
Why it matters. The danger has moved from what an AI says to what it is allowed to do.
Open AI models get a safety project
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Base Labs, a research group set up by the AI hosting firm Baseten, launched a safety project with Hugging Face and Goodfire, a company that studies how AI models reach their answers.
Open-weight models are ones anyone can download and change.
The partners have not said how the project will work.
Why it matters
Baseten says safety should be built into how open models are trained and served, not added afterwards.
1 source
Open AI models get a safety project
The full story
Open AI models get a safety project
Base Labs, a research group set up by the AI hosting firm Baseten, launched a safety project with Hugging Face and Goodfire, a company that studies how AI models reach their answers.
Why it matters. Baseten says safety should be built into how open models are trained and served, not added afterwards.
Senate panel backs a free-speech bill
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A US Senate committee voted 18 to 10 for a bill letting citizens sue federal officials who pressure companies to suppress lawful speech.
Democrat Maria Cantwell pointed to the head of the US broadcasting regulator pressuring TV stations over the late-night host Jimmy Kimmel.
Republican Ted Cruz pointed to the Biden administration pressing tech companies.
Why it matters
Each party accuses the other's government of leaning on tech and media companies.
1 source
Senate panel backs a free-speech bill
The full story
Senate panel backs a free-speech bill
A US Senate committee voted 18 to 10 for a bill letting citizens sue federal officials who pressure companies to suppress lawful speech.
Why it matters. Each party accuses the other's government of leaning on tech and media companies.
Banking software firm Finastra may be sold
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Vista Equity Partners, an investment firm, is exploring a sale of Finastra, which makes payment and lending software used by more than 80% of the world's top banks, sources told Reuters.
Finastra could be valued at up to $12bn.
The review is at an early stage and may not end in a deal.
Why it matters
Prices for software firms are weak because nobody knows how AI will change their business, so a sale tests what buyers will pay.
1 source
Banking software firm Finastra may be sold
The full story
Banking software firm Finastra may be sold
Vista Equity Partners, an investment firm, is exploring a sale of Finastra, which makes payment and lending software used by more than 80% of the world's top banks, sources told Reuters.
Why it matters. Prices for software firms are weak because nobody knows how AI will change their business, so a sale tests what buyers will pay.
UK pressed to write AI rules
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A committee of British MPs and peers called for a dedicated AI law and one regulator with real powers.
OpenAI said, for the first time according to the news site Politico, that it backs binding UK rules for the few companies building the most powerful AI.
The committee estimates police facial recognition scanned about 3 million faces without consent in 2025.
Why it matters
Britain's AI Security Institute tests models but cannot force a company to let it.
The full story
UK pressed to write AI rules
A committee of British MPs and peers called for a dedicated AI law and one regulator with real powers.
Why it matters. Britain's AI Security Institute tests models but cannot force a company to let it.
The truth, across the day
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What's really going on
That would create a new store of age data about nearly everyone.
That's the whole Tech day.
34 stories, 46 sources.