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Tesla (TSLA) opened Cybercab rides to the public in Austin, a day after NHTSA opened an audit into the car
Public rides started at 2 p.m. Central, moved up for demand. The car has no steering wheel, pedals or mirrors, and a federal audit of how Tesla certified it opened the day before.
South Korea's Robotis (108490) rose 22.5% on a KB Securities note about a US robot rule
Robotis's stock rose 22.5% after a KB Securities note revisited its Q2 turnaround and a US FCC rule on foreign robots. The rule covers all foreign-made robots, not just China's.
Moonshot AI weighs up to $5 billion Hong Kong IPO
Moonshot AI is considering raising $3 billion to $5 billion in a Hong Kong IPO as soon as this year, Bloomberg reported. The Kimi maker has filed confidentially and added Bank of America as overall coordinator. Alibaba (BABA) and Tencent (TCEHY) are both backers.
South Korea's GC Green Cross WellBeing rises 16.5% after partner's fat-reduction shot beats placebo in China
GC Green Cross WellBeing's stock rose 16.5% after partner Raziel Therapeutics reported topline China trial results for RZL-012, an investigational fat-reduction injection that ruptures cell membranes rather than acting as a GLP-1 peptide.
Sivers Semiconductors (SIVEF) is spending $30 million to reach 100 million lasers a year. It still hasn't disclosed a customer order.
Sivers is spending $30 million to reach 100 million lasers a year by late 2027. It has still not disclosed a customer purchase order for any of that capacity.
Research Innovations wins Army contract worth up to $99.5 million for Nvidia-powered Dragonfly sensors
The Army awarded Research Innovations Inc. a contract worth up to $99,529,577 to build and sustain Dragonfly spectrum sensors, and received 95 bids for the work. Dragonfly weighs 3.5 pounds and classifies signals onboard using an Nvidia (NVDA) RTX A4500 graphics processor.
Oura (OURA) files for Nasdaq as growth slows and subscriptions surge
Oura's S-1 shows $1.21 billion of revenue and 74% growth. Paid-member retention is 85%, below the 87% reported a year earlier.
Snowflake (SNOW) raised its full-year growth target from 31% to 36%. Shares closed up 16.6% on September 3.
Snowflake (SNOW) furnished its results in an 8-K after the close on September 2 and raised full-year product revenue guidance to $6.07 billion, taking the growth target to 36% from 31%. Shares touched a 52-week high of $384.55 on September 3 and closed up 16.6% at $356.56.
Meta (META) CEO Zuckerberg told Trump a national AI regulator is flawed, Business Insider reports. It's his second push against AI review this year.
Business Insider reports that Mark Zuckerberg told President Trump in a private August call that a proposed FINRA-style AI regulator was a flawed idea, arguing even a month of delay would cost the U.S. its lead over China. The Treasury-backed plan is still under White House review.
OpenAI launches GPT-6 Astra with higher prices and critical cyber capabilities
OpenAI began rolling out GPT-6 Astra on September 3 and president Greg Brockman closed the press briefing with 'welcome to the AGI era.' The model costs $10 per million input tokens and $50 per million output, was trained on more than 100,000 GPUs at Stargate in Texas, and is the first OpenAI model rated Critical for cyber capability. Its most powerful cyber features are gated. Two hours earlier, Sen. Bernie Sanders announced a bill to ban superintelligent AI.
Bernie Sanders filed a bill to ban superintelligent AI. Violators could face 20 years in prison or corporate dissolution.
Sen. Bernie Sanders and Rep. Greg Casar introduced the Ban Artificial Superintelligence Act on September 3, built on the July OpenAI agent-security incident that hit Hugging Face. It would pause advanced AI development until a new federal agency writes safety rules, and it borrows its penalties from nuclear weapons law. AI stocks did not react.
Nvidia's (NVDA) free PAIR tool routes local AI jobs across home computers
PAIR discovers compatible computers running it on your network and routes AI requests to the ones with capacity. Nvidia's own test cut a five-subagent job from 18 minutes to 8 minutes 48 seconds.
SK Hynix's (SKHY) HBM share falls to 50% as Samsung gains ground
Counterpoint Research's second-quarter numbers put SK Hynix at 50 percent of HBM revenue, down from 58 percent in the first quarter and 64 percent a year earlier. Samsung went from 15 percent to 33 percent over the same year, and most of its sales are still HBM3E, with HBM4 only starting to count in the second half.
Nvidia (NVDA) director Mark Stevens sold $410.8 million, with no Rule 10b5-1 plan reported
Mark Stevens sold 1,848,501 Nvidia shares between August 31 and September 2 for $410.8 million, all of it from one family trust. The Form 4 reports no Rule 10b5-1 plan. It is his fourth sale filing of 2026, taking the year to $856.4 million, and he still holds about $6.8 billion of stock.
LivePerson holders approve SoundHound (SOUN) deal as noteholders take six times more stock
LivePerson (LPSN) stockholders approved the SoundHound AI (SOUN) merger on September 2 and the deal is expected to close September 4. Noteholders take $261 million of SoundHound stock against $43 million for shareholders, and about $343 million of secured notes are satisfied at closing.
Korean company LaonPeople rose 30% after joining a 70.2 billion won physical AI project. It hasn't said how much of the money is its own.
LaonPeople, a Kosdaq AI vision company with 7.67 billion won ($5.7M USD) of revenue in the first half, was named an implementing organization for a 70.2 billion won ($52M USD) government physical AI project that runs to 2030. Its shares closed at the 30 percent daily limit on September 3, after a year of rights issues and losses.
Humanoid robot maker Figure committed $3.5 billion to Nscale for compute. It has raised more than $1 billion in its life.
Figure committed $3.5 billion to Nscale for up to 100,000 Nvidia Vera Rubin GPUs, with deployments starting in the second half of 2027 in Barstow, Texas. Ionic Digital's prospectus shows Microsoft holds an option on additional power at that site from the same half-year.
Tempus AI (TEM) rose 47% on a Merck and Moderna trial. Two analysts upgraded it after the run.
Cantor Fitzgerald initiated Tempus AI (TEM) at overweight with an $80 target, two days after Piper Sandler upgraded it. The 47% run both calls follow came from a Merck and Moderna Phase 3 readout, and the insider sales that made headlines were mostly automatic tax withholding.
Nvidia-backed Nscale pitches $103 billion in contracted revenue ahead of its IPO after a $33 million year
Nscale is telling prospective investors it has about $103 billion in contracted revenue ahead of a US listing. It generated about $33 million of revenue in 2025, and CoreWeave reports a similar headline figure on a far larger revenue base.
Rep. Kevin Hern's accounts sold 28 stocks in August and bought one Oklahoma municipal bond
Hern's September 1 disclosure lists 29 transactions across three accounts: 28 stock sales and a single purchase, an Oklahoma school-facilities bond. His filing three weeks earlier shows the same pairing, seven stock sales against seven Oklahoma munis.
Broadcom (AVGO) targets $230 billion in AI revenue by 2028, and the call turned a 4.6% after-hours drop into a gain
Broadcom reported $16.7 billion of AI semiconductor revenue for its fiscal third quarter and then told investors to expect about $115 billion next fiscal year and about $230 billion the year after, with supply already secured for both. Shares fell as much as 4.6% after hours on a fourth-quarter revenue guide just under consensus, then turned positive during the call.
FuelCell Energy (FCEL) signed a 75 MW data center deal in Texas, and its first AI order cost it a $17 million charge
FuelCell Energy signed its first Capacity Reservation Agreement with a data center operator, a planned 75 MW project in Texas. The data center orders it has already booked cost more to build than they sell for.
Zuckerberg calls Meta (META) Muse Spark 1.3 "almost too cheap to meter," but Meta keeps prices unchanged
Meta released Muse Spark 1.3 on Wednesday with a benchmark card that puts it ahead of GPT 5.6 Sol and Opus 5 on coding and long context, and behind Anthropic on most agent tests. The price did not move, which is the part that matters for the rest of the industry.
AeroVironment (AVAV) gets $464.8 million for Locust lasers. It is the Army's first production order for a laser weapon
The Army put a number on the counter-drone laser deal Bloomberg reported in August: $464.8 million for dozens of AeroVironment's 30-kilowatt Locust X3 systems. AV calls it the first production contract for a directed-energy weapon in U.S. history. The stock barely moved.