Wednesday, 23 September 2026
Wednesday, 23 September 2026
- In brief
- 1Anthropic and OpenAI cut the price of their new AI models. They are the first releases since both backed a call to slow down.
- 2Customers sue AI labs over their slowdown pact
- 3Universal and Sony sue Suno a second time
- 4AI labs ask Australia for a training exception
- 5A US appeals court wants AI filings checked
- 6Waymo lets teenagers ride alone in Nashville
- 7Hyundai will build tens of thousands of robotaxis
- 8Waymo will carry riders in Singapore from 2028
- 9Waymo returns to San Antonio after the floods
- 10Zoox's 100-car limit in Nevada ends
- 11A plane flies itself across the US
- 12Qualcomm's new phone chips are its first at 2nm
- 13China's CXMT says its memory has caught up
- 14DARPA gets its hands on Microsoft's quantum machine
- 15A Singapore start-up grows chips a few atoms thick
- 16A data-centre supplier prices its share sale
- 17A Silicon Valley investor opens a school
- 18Paramount settles and clears its Warner deal
- 19Apple Pay heads to India with one bank
- 20Meta pays a plastics recycler
- 21A US battery maker opens in China, not Kentucky
- 22FintechOS turns a profit and raises $28m
- TruthThe truth, across the day
23 Sept · Tech · In brief
Tech · Wednesday, 23 September 2026
Tech, in brief
22 stories · 29 sources
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What is moving · 1 of 4
AI getting cheaper to run
Anthropic says a typical job on its new model costs about 40% less.
What is moving · 2 of 4
Courts writing AI's rules
Four customers sued Anthropic, OpenAI, SpaceXAI and Google over their plan to slow down together.
What is moving · 3 of 4
Permits deciding where robotaxis go
Nevada's 100-car limit on Amazon's Zoox runs out on 25 September.
What is moving · 4 of 4
AI builders asking for money
Accelevation, which makes power and cooling kits for data centres, wants up to $720m from a share sale.
Part of the day's signals
2 pressures seen across the day run through Tech too.
22 stories
- 1Anthropic and OpenAI cut the price of their new AI models. They are the first releases since both backed a call to slow down.
- 2Customers sue AI labs over their slowdown pact
- 3Universal and Sony sue Suno a second time
- 4AI labs ask Australia for a training exception
- 5A US appeals court wants AI filings checked
12 sources
Tech, in brief
- 1New Anthropic, OpenAI models make same promise: A little more for a lot less money
- 3Anthropic considers releasing new AI model ahead of IPO, sources say
- 5The AI slowdown pact is now a Sherman Act lawsuit
- 8Universal and Sony sue Suno again, this time over 60,202 recordings
- 10US appeals court rule would require lawyers to certify AI-prepared filings
- 11Waymo's latest expansion strategy: teenagers
- 12Hyundai's answer to the EV slowdown is building tens of thousands of robotaxis
- 15Amazon-owned Zoox's 100-robotaxi limit in Nevada is about to disappear
- 19Qualcomm releases Android chip built for AI as memory shortage weighs on smartphone market
- 20CXMT DRAM now matches the best nodes, the company says
- 22Singapore's Nexstrom wants to bring 2D semiconductors to chip fabs
- 23Data center firm Accelevation targets up to $5.4 billion valuation in US IPO
Anthropic and OpenAI cut the price of their new AI models. They are the first releases since both backed a call to slow down.
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Anthropic, the maker of the Claude AI models, released Claude Opus 5.5 on Tuesday.
Luna costs $0.10 per million tokens read.
Who is involved
Anthropic
the maker of the Claude AI models, preparing to sell shares to the public; it released Opus 5.5
Who is involved
OpenAI
the maker of ChatGPT; it released GPT-6 Sol and Luna
Why it matters
Watch whether business customers bring routine work back to Anthropic and OpenAI at the new prices.
Why it matters
The next test of the slowdown is whether either lab's next release is a stronger top model.
What's really going on
Anthropic and OpenAI cut their prices on Tuesday because business customers were moving routine AI work to cheaper models, including free-to-download ones from Chinese firms.
What's really going on
Ten days earlier Anthropic's chief had asked the industry to slow down, and four paying customers are now suing the labs, saying that agreeing to slow down together breaks competition law.
Who gains
Businesses that pay Anthropic and OpenAI
The same kind of job now costs them about 40% less on Opus 5.5, and half as much on Sol and Luna.
Nobody knows yet
Whether Opus 5.5 really saves customers 40%.
The figure is Anthropic's own, for typical jobs at default settings, and no outside test of it has been published.
Nobody knows yet
Whether the slowdown pact has changed any product at all.
The complaint names no slowed release, cancelled model or changed training run in its 29 pages.
Good news
OpenAI's two new AI models, GPT-6 Sol and GPT-6 Luna, cost half as much to use as the models they replace.
Part of a signal
AI apps moving into banks, shops and courts
Seen in 4 of the 12 beats
Also seen in Finance, Cyber and Biotech.
The whole signal →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
Dario Amodei
Anthropic's chief executive; on 12 September he wrote that AI companies must slow down
Part 1 of 13 · Who else is involved
Alibaba, Moonshot AI and DeepSeek
Chinese companies whose free-to-download models cost far less, and are pulling business customers away
Part 2 of 13 · How it unfolded
12 Sep
Amodei writes that the industry must slow down
18 Sep
Four customers sue the labs over the slowdown pact
Part 3 of 13
Anthropic says a typical job costs about 40% less to run on Opus 5.5 than on Opus 5.
Part 3 of 13
Each piece of text is cheaper, and the model uses fewer of them.
Part 4 of 13
AI companies charge by the token, a small chunk of text that is the basic unit of AI work.
Part 4 of 13
Opus 5.5 costs $4 per million tokens read and $20 per million written, 20% less than Opus 5.
Part 5 of 13
OpenAI released GPT-6 Sol and GPT-6 Luna, its mid-sized and small models, the same day.
Part 5 of 13
It says they cost half as much as the models they replace.
Part 6 of 13
Luna costs $0.10 per million tokens read and $0.50 per million written.
Part 6 of 13
Sol costs $2 and $10.
Part 7 of 13
Neither release is mainly about new abilities.
Part 7 of 13
Both labs are chasing business customers who send routine work to cheaper models, including free-to-download ones from Alibaba, Moonshot AI and DeepSeek in China.
Part 8 of 13
They are the first releases since Anthropic's chief executive, Dario Amodei, called on the industry to slow down.
Part 8 of 13
OpenAI's Sam Altman and Elon Musk backed that call.
Part 9 of 13
Reuters reported last week that Anthropic was weighing a new model to answer OpenAI's GPT-6 Astra, released on 3 September.
Part 10 of 13
Astra takes about 13% of the business AI spending tracked by Ramp, a company-card firm, against 8% for Anthropic's top model, Claude Fable, Reuters said.
Part 11 of 13
Tests run by Anthropic and its partners show Opus 5.5 beating Astra at some coding and office work, by small margins.
Part 12 of 13
Anthropic says Opus 5.5 is strong in risky areas like cybersecurity and biology.
Part 12 of 13
Some requests on those topics may be quietly passed to an older model.
Part 13 of 13
Apple is pitching its new Macs to businesses as a way to run AI at the desk without paying OpenAI or Anthropic per token.
Part 13 of 13
Macs hold about 4.6% of business desktops against 91.3% for Windows, by IDC's count.
5 sources
Anthropic and OpenAI cut the price of their new AI models. They are the first releases since both backed a call to slow down.
- 1New Anthropic, OpenAI models make same promise: A little more for a lot less money
- 2Anthropic and OpenAI launch cheaper models
- 3Anthropic considers releasing new AI model ahead of IPO, sources say
- 4With new Macs, Apple aims to take on Microsoft, Nvidia in a rush to lower AI costs
- 5The AI slowdown pact is now a Sherman Act lawsuit
The full story
Anthropic and OpenAI cut the price of their new AI models. They are the first releases since both backed a call to slow down.
Anthropic, the maker of the Claude AI models, released Claude Opus 5.5 on Tuesday.
Anthropic says a typical job costs about 40% less to run on Opus 5.5 than on Opus 5. Each piece of text is cheaper, and the model uses fewer of them.
AI companies charge by the token, a small chunk of text that is the basic unit of AI work.
OpenAI released GPT-6 Sol and GPT-6 Luna, its mid-sized and small models, the same day. It says they cost half as much as the models they replace.
Luna costs $0.10 per million tokens read and $0.50 per million written. Sol costs $2 and $10.
Neither release is mainly about new abilities. Both labs are chasing business customers who send routine work to cheaper models, including free-to-download ones from Alibaba, Moonshot AI and DeepSeek in China.
They are the first releases since Anthropic's chief executive, Dario Amodei, called on the industry to slow down. OpenAI's Sam Altman and Elon Musk backed that call.
Reuters reported last week that Anthropic was weighing a new model to answer OpenAI's GPT-6 Astra, released on 3 September.
Astra takes about 13% of the business AI spending tracked by Ramp, a company-card firm, against 8% for Anthropic's top model, Claude Fable, Reuters said.
Tests run by Anthropic and its partners show Opus 5.5 beating Astra at some coding and office work, by small margins.
Anthropic says Opus 5.5 is strong in risky areas like cybersecurity and biology. Some requests on those topics may be quietly passed to an older model.
Apple is pitching its new Macs to businesses as a way to run AI at the desk without paying OpenAI or Anthropic per token. Macs hold about 4.6% of business desktops against 91.3% for Windows, by IDC's count.
Why it matters. Watch whether business customers bring routine work back to Anthropic and OpenAI at the new prices.
Customers sue AI labs over their slowdown pact
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Four people who pay for ChatGPT, Claude, Grok or Gemini filed a class action in a California federal court on 18 September.
They say Anthropic, OpenAI, SpaceXAI and Google broke US competition law by agreeing to slow how fast they improve their products.
The case is built only from public statements, starting with Amodei's essay and Altman's reply.
Why it matters
Amodei's essay had itself said such talks might need a legal waiver, and none exists.
Why it matters
Mistral, France's main AI company, said last week that big firms were using the moment to protect their market position.
Who pays
Anthropic, OpenAI, SpaceXAI and Google
They face a claim for triple damages built from their executives' public statements and press reports about slowing down.
3 sources
Customers sue AI labs over their slowdown pact
The full story
Customers sue AI labs over their slowdown pact
Four people who pay for ChatGPT, Claude, Grok or Gemini filed a class action in a California federal court on 18 September.
Why it matters. Amodei's essay had itself said such talks might need a legal waiver, and none exists.
Universal and Sony sue Suno a second time
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Universal and Sony, two of the three biggest record companies, sued Suno again on 18 September, this time over 60,202 recordings.
Suno makes AI that writes songs from a typed request.
A judge told them to file a new case rather than add them to the first one, from June 2024.
They ask up to $150,000 per recording, a ceiling past $9bn in all.
Why it matters
The complaint lists three licence deals Suno signed since November 2025, with Warner, BMG and Believe, as proof that a market for training music exists.
Why it matters
If a court accepts that, Suno's own deals become evidence against it.
Who gains
Universal and Sony
Suno's own licence deals with Warner, BMG and Believe let the labels argue in court that a paid market for training music already exists.
Who pays
Suno
It faces a second lawsuit, and its licence deals and its own user terms are being used as evidence that it knew training needs permission.
Nobody knows yet
How much Suno could have to pay.
The labels ask up to $150,000 per recording across 60,202 recordings, a ceiling past $9bn, but a court sets damages and Suno has not yet answered.
1 source
Universal and Sony sue Suno a second time
The full story
Universal and Sony sue Suno a second time
Universal and Sony, two of the three biggest record companies, sued Suno again on 18 September, this time over 60,202 recordings.
Why it matters. The complaint lists three licence deals Suno signed since November 2025, with Warner, BMG and Believe, as proof that a market for training music exists.
AI labs ask Australia for a training exception
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Anthropic and OpenAI have asked Australia's parliament to soften rules that stop AI firms training on Australian creative work without permission, Reuters reported on Tuesday.
In October 2025 Australia's government ruled out a copyright exception for this kind of data mining.
Anthropic suggested a narrow, conditional approval and offered support for Australian creators, and OpenAI asked for a balanced framework.
Both tied the request to data centres they plan in Sydney and Queensland.
Why it matters
Papers released under Freedom of Information show Amodei raised copyright with Treasurer Jim Chalmers in April.
Nobody knows yet
Whether Australia will bend its copyright rules for AI training.
Australia's government ruled out an exception in October 2025, and the parliamentary committee has so far only received submissions.
1 source
AI labs ask Australia for a training exception
The full story
AI labs ask Australia for a training exception
Anthropic and OpenAI have asked Australia's parliament to soften rules that stop AI firms training on Australian creative work without permission, Reuters reported on Tuesday.
Why it matters. Papers released under Freedom of Information show Amodei raised copyright with Treasurer Jim Chalmers in April.
A US appeals court wants AI filings checked
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The 10th US Circuit Court of Appeals in Denver proposed on 18 September that lawyers certify a human has checked any filing written with AI help.
The checker must confirm that every cited case exists and every quotation is accurate.
The rule would start on 1 January 2027 in six states, including Colorado and Utah, and cover people who represent themselves too.
It would be the first such rule among the 13 US federal appeals courts.
Why it matters
Courts keep receiving filings with case citations that AI made up, and the court's clerk says existing rules are not being followed.
Why it matters
The 5th Circuit dropped a similar plan in 2024 after lawyers objected.
Who pays
Lawyers and self-represented people in six US states
They would have to certify that a human checked every citation in any filing written with AI help, from 2027.
Nobody knows yet
Whether the Denver appeals court will adopt its AI rule.
It is only a proposal, and the 5th Circuit dropped a similar plan in 2024 after lawyers objected.
1 source
A US appeals court wants AI filings checked
The full story
A US appeals court wants AI filings checked
The 10th US Circuit Court of Appeals in Denver proposed on 18 September that lawyers certify a human has checked any filing written with AI help.
Why it matters. Courts keep receiving filings with case citations that AI made up, and the court's clerk says existing rules are not being followed.
Waymo lets teenagers ride alone in Nashville
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Waymo, the driverless-taxi company owned by Google's parent Alphabet, now lets 13- to 17-year-olds ride without an adult in Nashville, Tennessee.
A parent or guardian must link the account, and a teen may bring up to three friends of the same age.
Phoenix was first, last year, and Waymo says more cities will follow where local rules allow.
Paid Waymo trips grew from 50,000 a week in May 2024 to more than half a million earlier this year.
Why it matters
Teenagers who cannot drive rely on parents or buses, so this opens a new group of riders.
How it works
The number on the permit decides how many driverless cars drive
How it works
Car makers can build robotaxis by the tens of thousands, but each government lets in a set number, and that number sets the pace.
How it works · step 1 of 5
A new kind of vehicle is ready before the rules for it are
How it works · step 2 of 5
A regulator lets it in with a permit that names a number of vehicles
How it works · step 3 of 5
The company can grow only up to that number, in that one place
How it works · step 4 of 5
It grows where the number is high and waits where it is low or missing
How it works · step 5 of 5
So the map of permits, not the production line, shapes where the vehicles appear
The twist
A plant in Georgia can build tens of thousands of robotaxis a year.
The twist
How many actually carry passengers is decided by a number a regulator writes on a permit, one city or country at a time.
The picture
The production line on one side, the permit on the other. The smaller number decides how many cars reach Europe's roads.
Seen the same day
Nevada's permit held Amazon's Zoox to 100 robotaxis until 25 September, so the state, not Amazon, set the ceiling in Las Vegas.
Seen the same day
Hyundai can build tens of thousands in Georgia, but the EU-wide approval stops at 1,500 a year per model, so Waymo's plan in Germany covers one city, Munich.
Seen the same day
Singapore's transport ministry has Waymo drive by hand until 2027 and carry the public only from 2028, so Singapore's government sets the timetable.
Seen the same day
Waymo offers rides to 13- to 17-year-olds only in cities whose local rules allow it, so Nashville got them and most of its cities did not.
The catch
A limit only matters when a company can fill it: Zoox runs just over 30 cars in Las Vegas, well under the 100 it was allowed.
The whole
Hyundai's workers in Georgia, parents in Nashville, officials in Singapore and the EU's approval officers each hold one piece of how fast these cars spread.
The whole
None of them decides the pace alone, and none of them can see every city and country the cars are waiting to enter.
Nobody knows yet
How Waymo checks the ages of teenage riders' friends.
Waymo said teens may bring up to three guests aged 13 to 17, and did not say how those ages are verified.
The full story
Waymo lets teenagers ride alone in Nashville
Waymo, the driverless-taxi company owned by Google's parent Alphabet, now lets 13- to 17-year-olds ride without an adult in Nashville, Tennessee.
Why it matters. Teenagers who cannot drive rely on parents or buses, so this opens a new group of riders.
Hyundai will build tens of thousands of robotaxis
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Hyundai will build tens of thousands of Ioniq 5 robotaxis for Waymo at its plant in Georgia, chief executive Jose Munoz said.
US electric-car demand slowed after the tax credit ended, and Hyundai is filling its plant with robotaxis instead.
Why it matters
Europe cannot take numbers like these yet: the only approval that works across the whole EU for a fully driverless car allows 1,500 a year per model.
Why it matters
Why it matters
Waymo's plan in Germany covers one city, Munich, from late 2027.
How it works
Hyundai can build tens of thousands in Georgia, but the EU-wide approval stops at 1,500 a year per model, so Waymo's plan in Germany covers one city, Munich.
The idea, in story 6: The number on the permit decides how many driverless cars drive →Who gains
Hyundai
Its Georgia plant, built for electric cars that are selling slowly, now builds robotaxis for Waymo, a business its chief says is already profitable.
Who pays
Riders in Europe
The EU-wide approval route allows only 1,500 fully driverless cars a year per model, so fleets there stay small.
1 source
Hyundai will build tens of thousands of robotaxis
The full story
Hyundai will build tens of thousands of robotaxis
Hyundai will build tens of thousands of Ioniq 5 robotaxis for Waymo at its plant in Georgia, chief executive Jose Munoz said.
Why it matters. Europe cannot take numbers like these yet: the only approval that works across the whole EU for a fully driverless car allows 1,500 a year per model.
Waymo will carry riders in Singapore from 2028
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Waymo will launch its first Southeast Asian robotaxi service in Singapore in 2028.
Its electric Jaguar cars arrive in the coming months and will be driven by hand until 2027, while the system learns local roads and monsoon rain.
It is working with Singapore's transport ministry and Land Transport Authority.
Why it matters
Cyclists and scooter riders matter more on Singapore's roads than on most US streets Waymo drives.
Why it matters
Waymo says its US cars are in 94% fewer injury crashes than human drivers, a figure it publishes itself.
How it works
Singapore's transport ministry has Waymo drive by hand until 2027 and carry the public only from 2028, so Singapore's government sets the timetable.
The idea, in story 6: The number on the permit decides how many driverless cars drive →1 source
Waymo will carry riders in Singapore from 2028
The full story
Waymo will carry riders in Singapore from 2028
Waymo will launch its first Southeast Asian robotaxi service in Singapore in 2028.
Why it matters. Cyclists and scooter riders matter more on Singapore's roads than on most US streets Waymo drives.
Waymo returns to San Antonio after the floods
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Waymo restarted paid rides in San Antonio, Texas, five months after floods in April.
Several of its cars slowed but did not stop at flooded streets and got stuck, which led to a recall in May.
Waymo says it changed its software to spot and avoid standing water.
Why it matters
Waymo now offers paid rides in 15 US cities.
Nobody knows yet
How many robotaxis Waymo runs in how many cities.
One report puts Waymo at about 4,000 cars in 14 US cities, and another says it offers paid rides in 15; neither gives a date for its count.
Good news
Waymo's driverless cars are carrying paying riders in San Antonio again, five months after April floods left several of them stuck. The company changed its software so the cars spot and avoid standing water.
2 sources
Waymo returns to San Antonio after the floods
The full story
Waymo returns to San Antonio after the floods
Waymo restarted paid rides in San Antonio, Texas, five months after floods in April.
Why it matters. Waymo now offers paid rides in 15 US cities.
Zoox's 100-car limit in Nevada ends
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A Nevada permit that held Amazon's Zoox to 100 robotaxis expires on 25 September, a state official and Zoox confirmed.
It began charging for rides in Las Vegas last month under a federal exemption that allows up to 2,500 such cars a year for two years.
A tracker estimates that just over 30 Zoox cars run in the city.
Why it matters
Waymo, Tesla and Uber all now hold driverless ride permits in Las Vegas, so Zoox gets room to grow as rivals arrive.
Why it matters
Zoox would not say how many cars it will add.
How it works
Nevada's permit held Amazon's Zoox to 100 robotaxis until 25 September, so the state, not Amazon, set the ceiling in Las Vegas.
The idea, in story 6: The number on the permit decides how many driverless cars drive →1 source
Zoox's 100-car limit in Nevada ends
The full story
Zoox's 100-car limit in Nevada ends
A Nevada permit that held Amazon's Zoox to 100 robotaxis expires on 25 September, a state official and Zoox confirmed.
Why it matters. Waymo, Tesla and Uber all now hold driverless ride permits in Las Vegas, so Zoox gets room to grow as rivals arrive.
A plane flies itself across the US
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Joby Aviation says an aircraft flew itself 3,199 miles across the United States, from California to the Outer Banks in North Carolina.
It used a converted Cessna Caravan fitted with Joby's self-flying system, which taxied, took off, cruised and landed.
A pilot sat on board to meet the rules but gave no control input, Joby says, and staff watched remotely.
Why it matters
Joby is best known for electric air taxis it plans to open to the public this year.
Why it matters
It says the same self-flying kit can be fitted to existing planes and used for freight, rescue and the military.
Good news
An aircraft flew itself 3,199 miles across the United States, from California to North Carolina's Outer Banks. It taxied, took off, flew and landed with no control input from the safety pilot on board.
The full story
A plane flies itself across the US
Joby Aviation says an aircraft flew itself 3,199 miles across the United States, from California to the Outer Banks in North Carolina.
Why it matters. Joby is best known for electric air taxis it plans to open to the public this year.
Qualcomm's new phone chips are its first at 2nm
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Qualcomm, which designs the main chips for many high-end Android phones, launched the Snapdragon 8 Elite Gen 6 on Tuesday, with a faster Extreme version.
TSMC makes both on its 2-nanometre process, a first for Qualcomm.
Motorola, Xiaomi, ZTE and others will use them.
Why it matters
Counterpoint Research expects phone shipments to fall 14% this year, because memory costs have pushed prices up.
Why it matters
Phone makers are leaning on expensive models, and AI that runs without the cloud is their pitch.
2 sources
Qualcomm's new phone chips are its first at 2nm
The full story
Qualcomm's new phone chips are its first at 2nm
Qualcomm, which designs the main chips for many high-end Android phones, launched the Snapdragon 8 Elite Gen 6 on Tuesday, with a faster Extreme version.
Why it matters. Counterpoint Research expects phone shipments to fall 14% this year, because memory costs have pushed prices up.
China's CXMT says its memory has caught up
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CXMT, China's biggest maker of DRAM, the short-term memory a phone or computer works in, says its fifth-generation process is now in mass production.
It says each silicon disc now has room for at least 50% more chips than before.
It got there without the advanced machines US export rules have kept from China since 2022, by repeating coarser printing steps four times.
The first products are memory chips for mid-range and high-end phones.
Why it matters
A new supplier matters while memory shortages push up the price of phones and PCs.
Why it matters
Nobody outside CXMT has tested its claim to match Samsung, SK Hynix and Micron, and it has published no figure for how many chips pass testing.
Nobody knows yet
Whether CXMT's memory really matches Samsung, SK Hynix and Micron.
Nobody outside the company has measured the chips, and CXMT has published no figure for how many pass testing.
1 source
China's CXMT says its memory has caught up
The full story
China's CXMT says its memory has caught up
CXMT, China's biggest maker of DRAM, the short-term memory a phone or computer works in, says its fifth-generation process is now in mass production.
Why it matters. A new supplier matters while memory shortages push up the price of phones and PCs.
DARPA gets its hands on Microsoft's quantum machine
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Microsoft said on Tuesday it will give DARPA, the US military's research agency, hands-on access to its quantum computer at a new centre in Maryland.
Until now DARPA tested Microsoft's machines remotely, in Washington state and in Europe.
DARPA is judging whether any quantum design can be worth its cost by 2033.
Why it matters
Quantum computers might one day break the codes that protect messages today, which is why defence agencies care.
1 source
DARPA gets its hands on Microsoft's quantum machine
The full story
DARPA gets its hands on Microsoft's quantum machine
Microsoft said on Tuesday it will give DARPA, the US military's research agency, hands-on access to its quantum computer at a new centre in Maryland.
Why it matters. Quantum computers might one day break the codes that protect messages today, which is why defence agencies care.
A Singapore start-up grows chips a few atoms thick
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Nexstrom, a start-up in Singapore, raised $12m to build machines that grow ultra-thin chip materials directly on standard 12-inch silicon discs.
The materials are a few atoms thick and could let chips keep shrinking where ordinary silicon struggles.
Its chief scientist, Lance Li, used to lead research on chips beyond silicon at TSMC.
Why it matters
Nexstrom plans to sell to chipmakers like TSMC, Samsung and Intel rather than compete with them.
1 source
A Singapore start-up grows chips a few atoms thick
The full story
A Singapore start-up grows chips a few atoms thick
Nexstrom, a start-up in Singapore, raised $12m to build machines that grow ultra-thin chip materials directly on standard 12-inch silicon discs.
Why it matters. Nexstrom plans to sell to chipmakers like TSMC, Samsung and Intel rather than compete with them.
A data-centre supplier prices its share sale
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Accelevation, an Ohio company that makes power, cooling and ready-built units for data centres, wants a value of up to $5.37bn in its US share sale.
It and some shareholders aim to raise up to $720m, selling 30 million shares at $20 to $24 each.
Olympus Partners, the private-equity firm that bought it in 2025, keeps about 85% of the votes.
Why it matters
It follows Nscale and SB Energy, which filed for share sales this month, as AI builders ask the stock market for money.
Why it matters
Goldman Sachs expects data-centre power demand to rise 170% by 2030 from 2025.
Who gains
Olympus Partners
The private-equity firm keeps about 85% of Accelevation's votes while the share sale raises money to pay down its debt.
Part of a signal
Data centres and who pays for their power
Seen in 3 of the 12 beats
Also seen in Climate and Finance.
The whole signal →1 source
A data-centre supplier prices its share sale
The full story
A data-centre supplier prices its share sale
Accelevation, an Ohio company that makes power, cooling and ready-built units for data centres, wants a value of up to $5.37bn in its US share sale.
Why it matters. It follows Nscale and SB Energy, which filed for share sales this month, as AI builders ask the stock market for money.
A Silicon Valley investor opens a school
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Andreessen Horowitz, a large Silicon Valley investment firm, is opening a school for would-be founders just out of high school.
The first year is free for about 50 students, chosen on what they have built.
From 2028 a two-year course will charge fees close to an elite private university's.
Why it matters
Its ten founding partners, including Anthropic, OpenAI, Google and Nvidia, hope to hire its graduates.
Why it matters
It opens while AI is shrinking entry-level tech jobs, so a direct path to a job has new pull.
1 source
A Silicon Valley investor opens a school
The full story
A Silicon Valley investor opens a school
Andreessen Horowitz, a large Silicon Valley investment firm, is opening a school for would-be founders just out of high school.
Why it matters. Its ten founding partners, including Anthropic, OpenAI, Google and Nvidia, hope to hire its graduates.
Paramount settles and clears its Warner deal
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Paramount Skydance settled lawsuits from 12 US state attorneys general and the Writers Guild, the union for film and TV writers, Bloomberg reported.
That clears the way for its $110bn purchase of Warner Bros. Discovery.
The settlement includes protections meant to limit the combined company's market power and keep its news independent.
The company will control two big Hollywood studios, two streaming services and channels from CBS to HBO.
Why it matters
The writers' union and 12 states had sued over the deal, and settling means they accepted written protections instead of a court fight.
Why it matters
CBS and HBO will sit under the same owner, which is why editorial independence was part of the terms.
1 source
Paramount settles and clears its Warner deal
The full story
Paramount settles and clears its Warner deal
Paramount Skydance settled lawsuits from 12 US state attorneys general and the Writers Guild, the union for film and TV writers, Bloomberg reported.
Why it matters. The writers' union and 12 states had sued over the deal, and settling means they accepted written protections instead of a court fight.
Apple Pay heads to India with one bank
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Apple Pay is expected to launch in India next month, starting with credit cards from Axis Bank, India's fourth-largest card issuer, Reuters reported.
Apple has also talked to HDFC Bank and ICICI Bank, both bigger, but has not agreed terms.
UPI carries about 84% of India's digital payments.
Why it matters
Apple is arriving with a card product in a country that mostly pays by phone transfer.
Why it matters
The Economic Times reported that Apple asked for 0.15% to 0.20% of each payment, and banks offered about 0.10%.
1 source
Apple Pay heads to India with one bank
The full story
Apple Pay heads to India with one bank
Apple Pay is expected to launch in India next month, starting with credit cards from Axis Bank, India's fourth-largest card issuer, Reuters reported.
Why it matters. Apple is arriving with a card product in a country that mostly pays by phone transfer.
Meta pays a plastics recycler
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Meta signed its first deal to pay a plastics recycler, the three-year-old start-up MacroCycle of Cambridge, Massachusetts.
Meta pays for the carbon emissions MacroCycle's plastic avoids, and counts them against its own, which are growing with AI.
The money helps fund MacroCycle's first plant in the US, sized for 5,000 tonnes of recycled plastic a year.
Its process can clean plastic from old clothes, of which only 0.5% is recycled today.
Why it matters
Meta's AI build-out is pushing its emissions up, and it is buying cuts made elsewhere to count against them.
Why it matters
It also wants a steady supply of low-carbon plastic for its packaging and hardware.
Good news
Meta signed its first deal to pay a plastics recycler, MacroCycle, and the money helps build the start-up's first plant. Its process cleans plastic from old clothes, of which only 0.5% is recycled today.
1 source
Meta pays a plastics recycler
The full story
Meta pays a plastics recycler
Meta signed its first deal to pay a plastics recycler, the three-year-old start-up MacroCycle of Cambridge, Massachusetts.
Why it matters. Meta's AI build-out is pushing its emissions up, and it is buying cuts made elsewhere to count against them.
A US battery maker opens in China, not Kentucky
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EnerVenue, a US start-up that makes long-life nickel-hydrogen batteries, opened its factory in Changzhou, China, after dropping a $264m plan in Kentucky.
Its chief executive, Henning Rath, said China's depth of skilled engineers and suppliers decided it.
The plant is about 95% automated and will employ about 400 people by the end of the year.
Why it matters
The Kentucky plan had promised 450 jobs.
Who gains
Workers and suppliers in Changzhou, China
EnerVenue built its battery plant there instead of Kentucky, for the local engineers and suppliers, and it will employ about 400 people.
Who pays
Kentucky
EnerVenue dropped a $264m plant there that had promised 450 jobs.
1 source
A US battery maker opens in China, not Kentucky
The full story
A US battery maker opens in China, not Kentucky
EnerVenue, a US start-up that makes long-life nickel-hydrogen batteries, opened its factory in Changzhou, China, after dropping a $264m plan in Kentucky.
Why it matters. The Kentucky plan had promised 450 jobs.
FintechOS turns a profit and raises $28m
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FintechOS, a London company founded in Romania that sells software to banks and insurers, raised $28m in shares and debt.
It says it became profitable in the first half of 2026, later than the 2024 date it had given investors.
It says recurring revenue rose 40% in a year and its US business grew 130%, without giving totals.
Why it matters
Its software lets banks launch new products on top of their old systems instead of replacing them.
1 source
FintechOS turns a profit and raises $28m
The full story
FintechOS turns a profit and raises $28m
FintechOS, a London company founded in Romania that sells software to banks and insurers, raised $28m in shares and debt.
Why it matters. Its software lets banks launch new products on top of their old systems instead of replacing them.
The truth, across the day
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Nobody knows yet
Whether the labs are still coordinating on slowing down.
The Buist complaint says a working group was still meeting in mid-September, and no company had answered the claim when it was reported.
That's the whole Tech day.
22 stories, 29 sources.