Tuesday, September 8, 2026 · 10:05 PM ET
AI · Partnership
Palantir named Nebius its preferred sovereign AI infrastructure partner, a strategic partnership integrating Nebius compute and inference endpoints inside Palantir's enterprise perimeter. Eligible commercial customers can run open AI models on Nebius infrastructure, adapt them with proprietary data, and keep control of their compute, models, and data, with plans for faster modular data-center deployments where power is available.
Markets · Trade
The EU and Canada are reportedly set to announce a major all-encompassing partnership spanning trade and security after President Trump's latest tariffs, per Bloomberg, aiming to offset US- and China-dominated power politics. Expected September 16, with Canada becoming the first non-EU country to join the bloc's $175B military procurement fund.
Crypto · ETFs
BlackRock's Bitcoin ETF IBIT has attracted $3.7B of inflows so far this quarter, on pace for its largest quarterly intake since Q3 2025. It added $459.8M in September after $3.0B in August, pushing AUM to $62.6B — up $19.6B, or 46%, since the start of July.
AI · Earnings
OpenAI's CFO said at the Goldman Sachs conference that the consumer business is accelerating, with July revenue up 20% MoM, while enterprise grew even faster at 32% MoM. OpenAI's revenue mix is now roughly 50/50 between enterprise and consumer, showing growth broadening beyond ChatGPT subscriptions.
Markets · Retail Flows
Schwab retail activity in August showed investors selling the software rip and buying the semiconductor dip. Top retail buys were SPCX, MU, NVDA, INTC, and GOOGL; top sells were NOW, ADBE, MSFT, PLTR, and ORCL — a rotation out of crowded software winners into AI, chips, and compute names after pullbacks.
Markets · Commodities
Copper prices on the LME surged to a record $14,533/ton, up 47% over the last 12 months, driven by tight supply and rising demand from data centers, renewable energy, and power grids. Expectations Trump could expand tariffs to refined copper have pushed US Comex prices above global prices, concentrating global stockpiles in the US and draining LME inventories.
AI · Product
Meta launched Muse, a personal AI agent that can send emails, book travel, fill out forms, and make purchases with user approval. It runs on Meta's new Muse Secure VM, giving each user a dedicated cloud environment with a Sentinel agent reviewing actions, and integrates Stripe Link for checkout with Shop Pay and 1Password support coming later.
AI · Infrastructure
IREN said its 2 GW Sweetwater Hub was conditionally included as base load in ERCOT Batch Zero — Sweetwater 1 at 1.4 GW and Sweetwater 2 at 600 MW, part of IREN's 5 GW+ global data-center pipeline. At Sweetwater 1 the high-voltage substation is energized, with 300 MW of gross capacity under construction targeted for Q4 2027.
Markets · Options
The top 10 most active options by contracts traded were TSLA (2.4M), NVDA (2.2M), INTC (1.3M), SPCX (847K), AAPL (689K), MU (673K), AMD (615K), META (568K), AMZN (524K), and CRWV (477K).
AI · Government
The US government is backing Rigetti and D-Wave with up to $200M for quantum computing R&D. Rigetti signed a $100M agreement with the Commerce Department to address scaling bottlenecks in superconducting quantum systems, while D-Wave finalized access to up to $100M for its annealing and gate-model platforms. Commerce will receive minority, non-controlling equity stakes in both.
Markets · Insider Buys
Uber President and COO Andrew Macdonald purchased 70,000 shares for roughly $5.3M. Macdonald is one of Uber's longest-tenured executives, making the insider buy notable given his deep knowledge of the business, operations, and long-term strategy.
AI · Infrastructure
US data center construction spending surged 57% YoY in July to a record annualized rate of $75B, following a 46% YoY increase in June — the fastest growth since mid-2025. Since early 2021 it has soared $66B, or 717%, even as all other private construction spending has declined by $120B over a similar period.
AI · FT
French AI model maker Mistral raised a record €3bn in a new funding round led by Samsung, as Europe pushes to keep pace with US and Chinese rivals in the AI race.
IPOs · FT
Bankers for Anthropic and OpenAI are pressing for investment-grade credit ratings ahead of their planned IPOs, a designation that would unlock cheaper financing for the AI labs and their infrastructure partners.
AI · Bloomberg
Qualcomm struck a deal to supply Amazon with custom AI chips, expanding the chipmaker's push into data-center silicon and giving Amazon another source of custom accelerators for its AI infrastructure.
IPOs · The Information
AI voice startup ElevenLabs has hired a chief financial officer and is targeting a 2028 public listing, signaling the fast-growing audio-AI company is building out the finance leadership needed to go public.
Deals · WSJ
Robinhood will add yes-or-no prediction-market contracts from Crypto.com's prediction business and take a stake in the digital-currency exchange, deepening the brokerage's push into event contracts.
AI · Bloomberg
Alphabet's growth fund CapitalG led a funding round for AI chip startup Celero, valuing the company at about $3 billion as investors keep pouring money into challengers to Nvidia in AI silicon.
AI · Bloomberg
Video-generation AI startup Runway has reached $200 million in annual recurring revenue, a milestone underscoring surging commercial demand for generative-video tools.
AI · WSJ
Google Cloud and Accenture are forming a joint group of 1,000 forward-deployed AI engineers who will embed on-site with corporate customers to build and deploy AI systems, deepening the two firms' enterprise-AI partnership.
Chips · Bloomberg
ASML secured backing from leading chipmakers including TSMC, Samsung and Intel for a move to larger 12-inch photomasks in its next-generation EUV lithography machines, a shift aimed at boosting production of advanced AI chips.
Markets · Bloomberg
Amazon has hired banks for its first-ever bond sale denominated in British pounds, tapping the sterling debt market as the tech giant funds a massive buildout of AI data-center infrastructure.
Deals · Bloomberg
Anthropic is backing away from a roughly $6 billion deal to acquire AI startup Decart, choosing instead to prioritize spending on computing capacity as it prepares for its anticipated public offering.
AI · Bloomberg
AI-driven healthcare startup Forus raised $150 million in a funding round valuing the company at about $3 billion, underscoring continued investor appetite for applied-AI businesses in medicine.
Funding · Bloomberg
Finance-automation and AI-driven spend-management startup Ramp is in talks to raise a new funding round valuing the company at about $60 billion, a sharp step up that underscores investor demand for AI-powered fintech.
Funding · Bloomberg
Cognition, the AI coding-agent startup behind Devin, raised $2 billion in a new round valuing it at roughly $48 billion, extending the surge of megarounds flowing to AI software developers.
Chips · Bloomberg
Kioxia dismissed speculation of a tie-up with SK Hynix and pledged to help ease surging memory-chip prices, as the AI-driven boom continues to strain global supplies of NAND and DRAM.
AI · Bloomberg
A data-center joint venture between Google and Blackstone is hitting delays at several sites, underscoring the power, permitting and construction bottlenecks slowing the AI infrastructure buildout.
Markets · Bloomberg
SoftBank is set to meet investors ahead of a potential jumbo bond offering, as the Japanese tech investor seeks financing to fund its escalating bets on AI infrastructure and chips.