News
Market news, earnings recaps, and daily moves in AI and semiconductor stocks.
Palantir (PLTR), Nvidia and Booz Allen are curbing Anthropic model use over data and IP fears
Three large companies have restricted Anthropic's models or told the company they will, over concerns a provider could retain customer data and IP, The Information reported. Anthropic announced a response two weeks earlier that is still rolling out.
Fujitsu (FJTSY) opens MONAKA server sales in November as global CPU rollout follows
Fujitsu opens sales of its MONAKA servers in Japan and Europe in November 2026, with shipments starting April 2027. The standalone processor is planned for cloud and data center operators in the quarter ending March 2027.
DeepSeek plans first CFO hire as CITIC prepares possible Shanghai listing
Reuters reports DeepSeek plans to hire GL Ventures partner Yan Wentao as its first finance chief. CITIC Securities is already preparing a possible STAR Market listing, and the reason is less about money than about paying engineers enough to keep them.
Leopold Aschenbrenner's fund raised about $2.6 billion more since March. The investor count went from 93 to 135.
An amended Form D filed Monday shows Leopold Aschenbrenner's fund has sold $4.35 billion of partnership stakes since 2024, up from $1.76 billion in March, with the investor count rising from 93 to 135.
Europe backs its own space cargo capsule as SpaceX (SPCX) and Blue Origin skip Paris summit
The European Space Agency signed a 760 million euro cargo-capsule contract with a startup founded in 2021, and two European space companies raised $796 million in the same week. SpaceX and Blue Origin were not at the summit where the deal was signed.
JPMorgan double-upgrades IREN Ltd (IREN) as AI slowdown rattles peers
JPMorgan moved IREN two notches to overweight and lifted its target to $65 from $46, hours after co-CEO Daniel Roberts posted a long rebuttal to the calls for an AI slowdown. Every comparable name we checked fell on Monday. IREN did not.
Kioxia weighs $10 billion US ADR deal as SK Hynix (SKHY) stake comes into focus
Bloomberg reports Kioxia is weighing an ADR listing of at least $10 billion. The listing plan has been public since May, so the number is the new part, and the company's biggest holder is the NAND rival it competes against.
India's AI data center capacity goes from 275 MW to 6,546 MW by 2030. The best plays trade in Mumbai.
India's data centers are headed for about 3% of national electricity by 2030, and the long contracts they sign are what make battery-backed solar projects financeable. The US-listed ways to play it are thin, and the most obvious one is being taken private.
Three AI CEOs asked for a slowdown. Chipmakers sold off worldwide, and cybersecurity stocks went up.
Dario Amodei asked AI labs to slow the pace of capability development, and Sam Altman and Elon Musk agreed. The selloff that followed hit the AI supply chain and bid up the companies that sell defenses against it.
Japan's $550 billion US pledge names no AI or chipmaking project. Power is next, its trade minister says.
Japan's trade minister says the next round of projects under the $550 billion US investment pledge will center on the power industry. The $109 billion announced so far covers oil, gas, minerals, nuclear reactors and gas plants, with no AI-compute or chipmaking project named.
Z.AI plans $5 billion raise days after Anthropic named Zhipu in Claude distillation report
Zhipu, now Z.AI, plans to sell about $2 billion of new Hong Kong shares at a 10% discount and $3 billion of zero-coupon convertible bonds, according to its HKEX announcement. Both deals are due to close on September 16.
Applied Materials (AMAT) turns to AI and Japan for the next generation of chip materials
Applied Materials' top Japan executive told Nikkei Asia the company is using AI to speed the search for new chip materials, and that the industry needs them because miniaturization is nearing its limits. Its EPIC research center in Silicon Valley opens this year.
Satya Nadella backs pacing AI, and Microsoft (MSFT) will publish an AI code of conduct Monday
Microsoft's CEO said he welcomes "deliberate pacing" and "embedded evaluators," the terms from Dario Amodei's Saturday essay, without naming Anthropic. A code of conduct for Microsoft's MAI models goes out Monday for public consultation.
Trump says 'whoever wins AI wins' as Johnson and Obama call for AI guardrails
Trump played down the slowdown Amodei called for and Altman and Musk endorsed, calling its advocates negative forces. Speaker Johnson said Congress will not rush a bill, Hassett called the essay a private-sector road map, and Obama told Democrats to draw up a framework.
Hyundai will use Nvidia-based driving technology until its own AI system arrives in 2029
Hyundai's own driving model, Atria AI, reaches mass-produced cars in late 2029. Vehicles launching from 2028 use Nvidia-based technology while it gathers data.
Korea widened its espionage law beyond North Korea. It may still miss chip leaks to foreign companies.
Spying for a foreign country is now a crime in Korea, not just spying for North Korea. Whether the new article reaches foreign companies is disputed.
JPMorgan (JPM) has ended its lending to Leopold Aschenbrenner's fund
JPMorgan notified Situational Awareness it would end their lending relationship after the July losses, Reuters reports. Goldman Sachs, Citigroup and Bank of America remain active brokers.
Anthropic picks Nasdaq for its IPO. Marketing starts mid-October, days before the midterms.
Anthropic has picked Nasdaq for a listing it still hopes to complete in October, Business Insider reported. Reuters says marketing starts in mid-October at the earliest, with the deal closing days ahead of the November midterm elections.
Kiwoom Securities (039490) held 55% of Korea's unpaid forced-sale debt after handling 18% of trading
Residual debt left after Korean brokers sold investors' shares to cover what they owed rose 5.1 times in the first seven months of 2026. Half of it sits at one broker.
Anthropic's compute contracts could reach $517 billion. Most are not public.
The Information estimates Anthropic cloud, chip and data center agreements at as much as $517 billion over the coming decade, covering at least 14.8 gigawatts agreed since October. Anthropic has confirmed four of the deals and none of the aggregate figures.
Anthropic CEO Dario Amodei floated AI compute limits. Then he called them gameable.
Two sentences in Dario Amodei's pacing essay raise limiting training compute. He hedges them in the same paragraph, and sets no number, threshold, or date.
Sam Altman says no OpenAI IPO in 2026. A derivatives market already prices the company at $1.6 trillion.
OpenAI CEO Sam Altman told Fortune that going public now would be ill-advised given AI safety concerns, and ruled out 2026. A cash-settled contract on the Liquid platform implies a $1.60 trillion valuation, close to double the $852 billion funding round.
Anthropic wants outside evaluators inside its offices, with the right to publish their findings
Dario Amodei called for a slower pace of AI capability gains and proposed giving independent evaluators desks, badges and employee-level access at Anthropic, with the right to publish their findings. Sam Altman said OpenAI plans to do the same without naming terms.
Jeff Dean's Discovery Loop seeks $50B valuation, up from $10B in August. Alphabet (GOOGL) is an investor.
Discovery Loop, the five-week-old AI startup founded by former Google chief scientist Jeff Dean, is seeking a valuation of around $50 billion, Business Insider reports. Alphabet (GOOGL) is a founding investor and cloud partner.