The Wire
Latest articles
Meta (META) reportedly agrees to buy Swedish AI startup Stilla to speed up its Business Agent
Meta has agreed to buy Stockholm startup Stilla to speed up development of Meta Business Agent, the AI that handles customer chats and sales for merchants on WhatsApp, Messenger and Instagram, Axios reported Wednesday. No price was disclosed, and neither company has confirmed the deal. Stilla raised $5 million in January and was founded by the two people who built Tictail and later Shop Pay at Shopify.
Samsung chairman is buying $1.45 billion in shares from his mother
Lee Jae-yong will buy 7,188,793 Samsung Electronics shares from Hong Ra-hee on October 12 for 1.9374 trillion won. Her borrowing against the family's inheritance tax bill nearly doubled in a year.
In Anthropic's extreme AI scenario, 14% of workers lose their jobs and GDP runs 32% above baseline
Anthropic's economics team published a model of how AI could reshape the US economy through 2030, running three scenarios from modest to extreme. In the extreme case GDP finishes 32% above baseline and nearly 14% of workers lose their jobs. The authors name no likely outcome.
OpenAI is buying a year of school meals in a Georgia county. Residents are suing over its data center.
Three residents sued Effingham County, Georgia over the zoning that cleared the way for OpenAI's $20 billion Project Camellia data center, saying officials skipped a required public hearing. The day before, OpenAI offered $4.8 million to cover school meals for every student in the county.
OpenAI may pause new Pro signups as GPT-6 Astra demand surges
OpenAI may stop selling new Pro subscriptions if demand for GPT-6 Astra keeps climbing, according to Thibault Sottiaux, who leads Codex at the company. He wrote on X early Wednesday that demand is unprecedented. It follows a rollout in which paying users waited days for the model.
Cerebras (CBRS) insiders sold $29.6 million on the day the stock jumped 10%. Since June, they have sold $296 million.
Three Cerebras insiders, including the CEO and the chief technology officer, sold $29.6 million of stock on September 4, the day the shares rose 10 percent. Two of the sales were under plans set up in May. Since selling began in June, six insiders have sold $296 million, and three more lockup releases are due by the end of October.
An Anthropic researcher quit, warning AI could be out of human control by the end of 2027
Jacob Coxon, a researcher who trains Anthropic's models, said Tuesday he is leaving the AI industry, and posted on X that neither Anthropic nor OpenAI is acting responsibly. He told The Wall Street Journal things could be out of control by the end of next year.
A YouTube channel spent $70,000 testing LG TVs. They found device tracking and voice transcripts.
Gamers Nexus and Level1Techs say LG smart TVs map every device on a home network, fingerprint what is on screen and write voice transcripts into logs on the set. LG has said its TVs do not record ambient conversations.
Meta (META) launches Muse AI agent with a free tier and plans up to $100 a month
Meta released Muse on Tuesday, a personal AI agent that books, buys and fills out forms on a user's behalf. It runs in a dedicated virtual machine with a second agent, Sentinel, approving anything it sends to the internet. A free tier and $20 and $100 monthly tiers, for US adults.
US takes stakes in D-Wave (QBTS), Rigetti (RGTI) and Quantinuum (QNT) at a 15% discount to Friday's close
D-Wave, Rigetti and Quantinuum each signed a CHIPS Act research award worth up to $100 million and each is issuing the Commerce Department shares priced about 15% below its September 4 close. The shares carry no vote on most matters and can't be sold to a competitor. All three stocks rose.
Samsung led a 3 billion euro round for France's Mistral AI. Its own chip plants are the first customer.
Samsung Electronics led Mistral AI's 3 billion euro funding round and signed a partnership to run the French company's models inside its chip business. Samsung did not disclose the size of its stake.
Palantir (PLTR) picks Nebius (NBIS) for sovereign AI push. Nebius shares jump 10%.
Palantir named Nebius its preferred sovereign AI infrastructure partner on Tuesday, and Nebius stock rose about 10%. Nebius compute and inference will run inside Palantir enterprise perimeter so customers can adapt open models on their own data. No dollar value, term or capacity was disclosed.
Uber (UBER) president Andrew Macdonald bought $5.3 million of stock at $75.83. A year ago, the CEO was selling at $100.
Uber president and chief operating officer Andrew Macdonald bought 70,000 shares for $5.3 million on September 4, at an average of $75.83. It is the largest open-market purchase by an Uber insider in the Form 4 filings we have on record, and it came a day after Uber said it would cut 3,300 jobs. The stock was trading below his price on Tuesday.
Robinhood (HOOD) adds Crypto.com prediction markets and buys a stake in the exchange behind them
Robinhood is adding Crypto.com's OG.com contracts and buying stakes in both companies. Terms weren't disclosed. What it means: the broker that built its prediction business on Kalshi keeps buying into the competition, and the customer never sees which exchange gets the bet.
Alphabet (GOOGL) backs chip startup Celero at a $3 billion value. It is building chips to link AI data centers over fiber.
Alphabet's growth fund CapitalG is backing Celero Communications at a valuation above $3 billion, Bloomberg reported Tuesday. The two-year-old startup is developing chips to move AI data over fiber between racks and nearby data centers, and its founders developed coherent chips at Inphi and Marvell.
Korean nuclear stocks surge on reported $130 billion US reactor proposal
KEPCO E&C closed 16.6% higher on Tuesday and two Kosdaq suppliers hit their daily limit, after a report put eight large US reactors in Korea's investment package. The reactor design is still being negotiated.
GlobalFoundries (GFS) finalizes up to $375 million for quantum chips as $300 million photonics award awaits agreement
GlobalFoundries has signed a definitive agreement with the Commerce Department for up to $375 million over five years to expand its quantum chip business. The money is tied to milestones the release does not list. A separate $300 million silicon photonics award is still a letter of intent.
Qualcomm (QCOM) lands Amazon (AMZN) AI chip deal with a warrant tied to up to $60 billion in purchases
Qualcomm and Amazon announced a multi-generation deal on custom AI inference chips and 1.6T optical links. The 8-K shows the warrant was issued September 3, five days earlier, with 3.75 million shares vested on initial commitments.
AI stock battle week 7: DeepSeek leads our AI stock contest. All four of its latest picks broke the rules (September 5, 2026)
DeepSeek tried to sell C3.ai and buy four stocks. Two were over the $10 billion ceiling, two were too illiquid, and it wanted eight names in a five-stock contest.
Tesla (TSLA) reportedly orders parts for 5,000 Optimus robots, a year after shelving a 5,000-robot plan
A supplier-based report on the Youlianyun channel of Chinese outlet Jiemian says Tesla ordered parts for about 5,000 Optimus humanoid robots in early September. Tesla has not announced it, and the channel carries an investment-advice disclaimer.
Hackers took $320 million in Bitcoin from Liquid and returned most of it. They kept $47 million.
Hackers moved about 4,000 Bitcoin out of Blockstream's Liquid Network on Sunday without compromising a single key. After a public negotiation written into Bitcoin transactions, they sent 3,400 back on Monday and kept 598.5, about $47 million.
Korea's Hyosung Heavy Industries (298040) is pushing to power America's AI data centers. The stock rose 8.5% on Monday.
Korea's Hyosung Heavy Industries is expanding its push to supply power equipment to US AI data centers. Its shares rose 8.5% in Seoul on Monday, closing just below 3 million won, and North America is now 57% of its order backlog.
Microsoft (MSFT) wants developers to run AI models on their own PCs instead of paying for cloud tokens
Project Zenith is a preconfigured Windows 11 experience for PCs with 64 GB of unified memory, arriving first on AMD's Ryzen AI Halo. Microsoft says it helps reduce reliance on metered cloud tokens. Independent tests of the same chip show what runs fast and what doesn't.
AMD's AI chip gets an 11-fold performance boost from software updates, SemiAnalysis says
The benchmark firm that called AMD's long-context software 'horrible' on August 24 says the MI355X is now 11 times faster on the same MiniMax M3 agentic test, from software alone. The written update with the numbers hasn't been published yet.