# Daily Fintech News — September 25, 2026 > Daily brief on markets, macro, banking, chips and AI infrastructure. Published September 25, 2026 at 7:00 PM ET by Daily Fintech News. Canonical HTML: https://dailyfintechnews.com/brief/fintech/2026-09-25 **Entities covered:** Data center, Elon Musk, Nvidia, Goldman Sachs, Tesla, Inc., Initial public offering, India --- ## 1. Cracks appear in Oracle's AI data-center build-out at massive New Mexico project *Section: AI Data Centers · Source: WSJ · Tickers: $ORCL* Oracle sent a force majeure notice to the developer of its huge 'Project Jupiter' data center in New Mexico, removed a key development partner and faced local resistance, exposing strains in its aggressive AI-infrastructure expansion. - $ORCL close: $138.09 (-1.04%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-1 ## 2. Musk aims to more than double Colossus 2's Nvidia chips by year-end *Section: AI Infrastructure · Source: Bloomberg · Tickers: $NVDA* Elon Musk said xAI's Colossus 2 AI computing cluster may more than double its current Nvidia chip count by the end of the year, signaling continued heavy demand for Nvidia's data-center GPUs. - $NVDA close: $224.34 (-0.11%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-2 ## 3. Goldman sees hyperscaler AI capex jumping 50% to $1.2 trillion next year *Section: AI Infrastructure · Source: Bloomberg* Spending on AI infrastructure by the five largest US hyperscalers is set to increase by more than half next year to about $1.2 trillion, according to Goldman Sachs strategists, underscoring the scale of the ongoing data-center build-out. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-3 ## 4. Tesla's Optimus robot hits snags in hands and supply chain as production scales *Section: Tech · Source: The Information · Tickers: $TSLA* Tesla has ramped Optimus humanoid-robot output roughly tenfold to several hundred units a week, but is still struggling to manufacture the machines reliably at scale, hampered by the robot's intricate hands, automation equipment and supplier constraints. - $TSLA close: $369.87 (-2.14%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-4 ## 5. AI coding startup Cognition hits $1 billion in annualized revenue *Section: AI · Source: Bloomberg* Cognition AI is on track for a $1 billion annualized revenue run rate this month, roughly double its rate four months earlier, driven by demand for its Devin AI coding software. The startup recently raised $2 billion at a $48 billion valuation, up from $26 billion three months prior. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-5 ## 6. Nscale raises $3.36 billion in pre-IPO round led by Third Point *Section: AI Infrastructure · Source: Bloomberg* London-based AI data-center developer Nscale raised $3.36 billion in a pre-IPO convertible note round led by Third Point, with Nvidia, Apollo, Citadel and Abu Dhabi Investment Council among participants. The deal comes a week after Nscale filed for an IPO that could raise as much as $3 billion. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-6 ## 7. India seeks comfort on Tata's $14 billion chip plans amid boardroom battle *Section: Semiconductors · Source: Bloomberg* India's government secured reassurances that Tata Group's $14 billion semiconductor and electronics projects, including a chip fabrication plant in Gujarat, will stay on schedule despite a looming courtroom battle over a leadership dispute at the conglomerate's holding company. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-25#item-7 --- ## Questions this brief answers **What did Cracks appear in Oracle's announce on September 25, 2026?** Oracle sent a force majeure notice to the developer of its huge 'Project Jupiter' data center in New Mexico, removed a key development partner and faced local resistance, exposing strains in its aggressive AI-infrastructure expansion. **What did Elon Musk announce on September 25, 2026?** Elon Musk said xAI's Colossus 2 AI computing cluster may more than double its current Nvidia chip count by the end of the year, signaling continued heavy demand for Nvidia's data-center GPUs. **What did Goldman Sachs announce on September 25, 2026?** Spending on AI infrastructure by the five largest US hyperscalers is set to increase by more than half next year to about $1.2 trillion, according to Goldman Sachs strategists, underscoring the scale of the ongoing data-center build-out. **What did Tesla, Inc. announce on September 25, 2026?** Tesla has ramped Optimus humanoid-robot output roughly tenfold to several hundred units a week, but is still struggling to manufacture the machines reliably at scale, hampered by the robot's intricate hands, automation equipment and supplier constraints. **What did AI coding startup Cognition announce on September 25, 2026?** Cognition AI is on track for a $1 billion annualized revenue run rate this month, roughly double its rate four months earlier, driven by demand for its Devin AI coding software. The startup recently raised $2 billion at a $48 billion valuation, up from $26 billion three months prior. **How much did Nscale raises $3.36 billion raise?** London-based AI data-center developer Nscale raised $3.36 billion in a pre-IPO convertible note round led by Third Point, with Nvidia, Apollo, Citadel and Abu Dhabi Investment Council among participants. --- ## More from Daily Fintech News - Previous brief: [September 24, 2026 — DeepSeek finalizing $7.5 billion fundraising as annualized revenue hits $1 billion](https://dailyfintechnews.com/brief/fintech/2026-09-24) - Also covers Data center, India, Initial public offering: [August 31, 2026 — Tesla rose 5%, its best day since early July, ahead of Cybercab launch event](https://dailyfintechnews.com/brief/fintech/2026-08-31) - Also covers Data center, Goldman Sachs, India: [September 5, 2026 — Nvidia Partner Hon Hai's Sales Climb 52% With AI Server Momentum](https://dailyfintechnews.com/brief/fintech/2026-09-05) - Also covers Data center, Elon Musk, Initial public offering: [September 15, 2026 — Clarity Act Crypto Bill Fails to Advance in Senate; Coinbase, Circle Slide](https://dailyfintechnews.com/brief/fintech/2026-09-15) - [All briefs](https://dailyfintechnews.com/brief/fintech) *Source: Daily Fintech News (https://dailyfintechnews.com). Attribution with a link to the brief URL is appreciated when quoted.*