Key Facts
- OpenAI’s $500B AI Expansion: OpenAI announced five new U.S. data centers under its “Stargate” project, boosting capacity to 7 GW with $400+ billion in investment over three years [1]. Nvidia pledged up to $100 billion in support, underscoring an AI arms race in infrastructure [2] [3].
- Instagram Hits 3 Billion Users: Meta CEO Mark Zuckerberg revealed Instagram’s monthly active users have soared past 3 billion, up from 2 billion in 2022 [4]. The app now generates over half of Meta’s U.S. ad revenue by some estimates [5], driven largely by its Reels short-video feature competing with TikTok.
- Apple vs. EU Tech Rules: Apple urged Brussels to repeal the new Digital Markets Act (DMA), blaming it for delayed features (like iPhone-to-Mac mirroring) and increased security risks from forced sideloading [6] [7]. EU officials rebuffed Apple, insisting gatekeepers must allow device interoperability and comply “not as a choice” but as an obligation [8].
- Major Cyberattacks Tallied: Britain’s Co-op retail group disclosed a spring cyberattack cost £80 million (~$108 million) in profit and £206 million in lost revenue [9], flipping it to a first-half loss. Meanwhile, a ransomware strike on Collins Aerospace’s airline software crippled check-in systems across Europe; a suspect was arrested as airports struggled with delays [10].
- Trump’s TikTok Order Imminent: U.S. President Donald Trump will sign an executive order affirming a deal to sever TikTok’s U.S. operations from China’s ByteDance [11]. With 170 million U.S. users, TikTok was credited by Trump for his re-election, and enforcement of a 2024 ban law has been delayed to allow an American buyout [12].
- SpaceX Launches NASA Probes: SpaceX’s Falcon 9 rocket successfully launched NASA’s IMAP probe and two other space-weather satellites from Florida [13]. All three are bound for Sun–Earth Lagrange Point 1 to study solar wind and cosmic radiation, a mission aimed at better predicting space weather’s impact on Earth [14].
- Record Startup Financings: AI-powered travel platform WeTravel raised $92 million to automate trip bookings [15], highlighting surging VC interest in AI travel tech. In crypto, Bastion snagged $14.6 million (led by Coinbase) to build stablecoin infrastructure, while Finland’s Oura ring maker is reportedly raising $875 million at an $11 billion valuation as its biometric wearables boom in sales.
- Global Tech Policy Moves: Australia earned UN praise for its world-first law barring social media under age 16 (effective December) [16] [17]. India’s high court upheld a new content-removal system, rejecting X (Twitter)’s challenge as lacking merit and forcing Elon Musk’s platform to obey local takedown orders [18] [19]. And EU regulators, via the Digital Services Act, demanded Apple, Google, Microsoft, and others detail efforts against online finance scams, from fake banking apps to deepfake investment ads [20] [21].
Artificial Intelligence & Big Tech
OpenAI’s $500 Billion Supercomputer Push: In a massive scale-up, OpenAI (with partners Oracle and SoftBank) unveiled plans for five new AI mega–data centers across the U.S., bringing its Stargate infrastructure to 7 GW capacity and over $400 billion invested [22]. This puts OpenAI ahead of schedule toward a $500 billion, 10 GW goal by end of 2025 [23] [24]. “AI can only fulfill its promise if we build the compute to power it,” CEO Sam Altman said, framing compute as the key to future breakthroughs [25]. Nvidia, which earlier this week agreed to invest up to $100 billion in OpenAI [26] [27], saw chip stocks rally on the news. Analysts predict these expansions will enable exascale processing by 2027, fueling advances from drug discovery to climate modeling [28] [29]. Critics, however, warn such concentration of AI power heightens monopoly risks, prompting louder antitrust calls in Washington [30].
Microsoft Diversifies AI Models: Signaling a strategic shift, Microsoft announced it will integrate Anthropic’s AI models (Claude 4 series) into its 365 Copilot assistant [31]. While OpenAI’s GPT-4 remains the default, enterprise users can now toggle to Anthropic’s Claude for certain Copilot functions [32]. The move reduces Microsoft’s heavy reliance on OpenAI and “high-profile partnership” with ChatGPT’s maker [33] [34]. Copilot is central to MS Office products (Word, Outlook etc.), and this update – along with plans to host models from startups like xAI and Meta [35] [36] – shows Microsoft hedging bets in the AI race. The company is even working with China’s DeepSeek on Azure and developing its own models [37] [38], as it seeks a competitive edge in the multi-model AI ecosystem.
AI Picks Stocks – Boom or Bubble? As ChatGPT nears its third anniversary, it’s not just writing code – it’s picking stocks for retail investors. A new survey finds 13% of retail investors now use AI chatbots for stock selection [39] [40], and half would consider it. This contributed to a robo-advisory market projected to surge 600% to $471 billion revenue by 2029 [41] [42]. Notably, an AI-designed stock portfolio (38 blue-chip stocks chosen by ChatGPT) has outperformed the UK’s top 10 funds by 19 percentage points [43] [44], thanks to picks like Nvidia and Amazon. Enthusiasts like ex-UBS analyst Jeremy Leung say ChatGPT can “replicate a lot of workflows” of pricey terminals [45] [46], leveling access to analysis. But experts urge caution: “AI models can be brilliant… The risk comes when people treat generic models like ChatGPT as crystal balls,” warns Dan Moczulski of eToro [47] [48]. General models might misquote data or cling to past price trends, he notes. If novice investors grow overconfident, they may be ill-prepared for downturns: “If they’re making money [with AI]… they may not manage in a crisis,” Leung observes [49] [50]. Regulators are watching this trend warily even as fintech firms race to incorporate AI advisories.
Chip Design Gets an AI Assist: The world’s biggest contract chipmaker, TSMC, revealed a promising use of AI to cut semiconductor power draw. By using AI-driven software from Cadence and Synopsys to design next-gen “chiplet” architectures, TSMC expects to boost AI chip energy efficiency 10-fold [51] [52]. At a Silicon Valley event, TSMC showed that these AI tools often found better circuit layouts “in five minutes” versus two days of human work [53] [54]. “Nobody else can offer something like that,” noted tech consultant Ben Bajarin of the potential leap for data centers [55] [56]. With cutting-edge AI training now guzzling 1,200 watts per server (equivalent to powering 1,000 homes continuously) [57] [58], such efficiency gains are vital. Meta’s infrastructure engineers, for instance, say fundamental physical limits (e.g. electrical data transfer on chips) are looming, and innovations like optical interconnects will be needed soon [59] [60]. AI-optimized chip design is emerging as a key solution to sustain the AI boom without blowing out power grids [61] [62].
Anthropic, Meta and the AI Policy Front: On the political side, Big Tech is maneuvering to shape AI regulation. Meta launched a new pro-tech regulation PAC bankrolled by Mark Zuckerberg to lobby against strict AI rules [63] [64], fearing Europe’s heavy-handed approach could stifle innovation. This comes as calls grow for global “AI guardrails” (like bans on autonomous weapons) [65]. In Washington, 2026 is shaping up as a showdown between regulators and tech titans, with industry arguing for “innovation-friendly” policies even as concerns mount over AI’s societal impact [66] [67].
Cybersecurity & Data Breaches
Retailer Reels from £80M Hack: The UK’s 181-year-old Co-op Group revealed a cyberattack in April dealt a £80 million blow (≈$108 million) to its operating profit [68]. The breach forced systems offline, halting distribution and sales – ultimately wiping out its first-half profit and pushing the cooperative to a £75 million loss [69] [70]. The attack came on the heels of a similar “damaging” hack at rival Marks & Spencer [71], suggesting UK retail was under a coordinated cyber onslaught last spring. Co-op says it shut down many networks to contain the threat [72], causing £206 million in lost revenue while recovering. The grocer expects lesser impacts in the second half [73], but the incident underscores how cyberattacks can exact nine-figure losses and major operational disruption even at legacy firms.
Airlines Disrupted by Ransomware: A ransomware “intrusion” at Collins Aerospace snarled airport operations across Europe over the past week. Collins (a subsidiary of RTX, formerly Raytheon) had its MUSE passenger processing system hacked on Sept 19 [74], knocking out airline check-in, baggage, and boarding software at multiple airports. Berlin Brandenburg Airport was among those paralyzed, warning travelers of prolonged check-in delays and flight cancellations [75]. British police arrested one man in connection with the attack [76] as Collins worked to restore systems. The incident is “the latest in a series of cyber incidents in Europe with significant offline consequences,” officials noted grimly [77]. It highlights how ransomware is no longer just a data threat – it can grind the physical world to a halt, in this case stranding passengers and planes.
Meta on Notice in Singapore: The Singaporean government issued an ultimatum to Meta Platforms: stem the surge of Facebook impersonation scams or face steep fines. Authorities gave Meta until Sept 30 to deploy measures – including facial recognition tech – to detect and block fake accounts posing as government officials [78]. If Meta fails to comply “without reasonable excuse,” it could be fined S$1 million (~$777k) plus S$100k per day thereafter [79] [80]. Earlier this month, Singapore’s police had already ordered Meta to crack down on fake ads and pages abusing ministers’ images [81]. Scammers have been using deepfakes and stolen photos of leaders in fraudulent ads and profiles, exploiting hundreds of citizens between mid-2024 and mid-2025 [82]. Meta says it has taken steps globally to curb impersonation, but Singapore’s home affairs ministry signaled impatience. “While Meta has taken steps… scammers persist,” officials said, emphasizing the “constantly evolving” tactics online criminals use [83]. The case could set a precedent for how far platforms must go (even deploying face-matching AI) to satisfy national anti-fraud mandates.
EU Targets Scam Apps and Deepfakes: Over in Europe, regulators turned up the heat on Big Tech’s role in financial fraud. Citing billions lost to online scams – from fake banking apps to deepfake celebrity crypto schemes – the EU’s Digital Services Act enforcers sent formal queries to Apple, Google, Microsoft, and even Booking.com, asking “how they identify and mitigate risks related to financial scams” on their platforms [84] [85]. “Online fraud can start very easily nowadays, and too often results in financial losses for consumers,” tweeted EU tech chief Henna Virkkunen [86]. Under the DSA, tech giants must proactively police “illegal and harmful content,” and this marks the EU’s first big test of those provisions. The companies will need to detail steps against fraudulent ads, counterfeit websites in app stores, phishing emails, and more. Given the €45 billion Europeans lost to scams last year (per EU data), expect increasing pressure on platforms to bolster identity verification, app review processes, and user warnings to stamp out these digital con games.
Consumer Electronics & Hardware
Apple Slams ‘Gatekeeper’ Rules: In an unusually direct critique, Apple publicly urged the EU to rethink its sweeping new tech regulations. Apple claims the Digital Markets Act – aimed at curbing Big Tech monopolies – is backfiring on consumers by forcing Apple to delay or drop features in Europe [87] [88]. The company said it had to postpone iPhone-to-Mac screen mirroring and AirPods live translation in the EU, citing engineering challenges to meet DMA mandates [89]. It also shelved some location-based Apple Maps functions, since under DMA it must open certain interfaces to third parties [90] [91]. Apple argued it “cannot solve every problem the DMA creates” and that the law is making apps “riskier, less intuitive”, pointing to potential scams and malware from required sideloading and third-party app stores [92] [93]. EU officials were unmoved – a spokesperson reminded Apple that as a “Gatekeeper,” it has an obligation to allow interoperability and “compliance is not a choice” [94]. This high-profile friction comes as the EU reviews the DMA’s first-year impact. Apple’s stark warning – essentially asking the EU to repeal or amend the law – sets up a possible showdown between Silicon Valley and Brussels over how far competition rules should go at the expense of security and UX.
Snapdragon X2 Aims at PCs: Qualcomm unveiled a Snapdragon X2 Elite chip for Windows PCs with a novel “Guardian” security feature targeting corporate IT buyers [95]. Shipping in 2024, the X2 Elite will let company IT departments remotely access and manage laptops even when they’re turned off, via an integrated 5G modem [96] [97]. This always-connected out-of-band support is similar to Intel’s vPro remote management, but Qualcomm’s cellular twist means a laptop can be updated or wiped “nearly anywhere in the world with cell reception” – no Wi-Fi needed [98] [99]. “Nobody else can offer something like that,” said analyst Ben Bajarin, predicting strong interest from enterprises for fleet management [100] [101]. Qualcomm has been pushing into PC chips to challenge Apple’s ARM-based Macs and Intel’s dominance [102] [103]. With the X2, it’s emphasizing always-on connectivity and security. The company also launched new smartphone chips, but the PC move – and a 6% jump in Qualcomm stock on the news – shows the market sees an opening for ARM chips in business laptops, particularly as Windows 12 is expected to optimize for ARM architecture and AI features next year.
Google’s AI Phone Perks: (In brief tech updates, Google rolled out new AI call screening to its Pixel phones, which transcribes and summarizes voicemails in real time and flags likely spam with 95% accuracy, giving Pixel 9 users an edge against robocalls. And WhatsApp introduced built-in message translation on iOS and Android – initially supporting ~20 languages on-device – allowing users to chat across languages without leaving the app, an AI-powered privacy-preserving feature Meta says will expand to 100+ languages [104] [105].)
Mercedes Invests in Chinese EV Maker: In the automotive tech arena, Mercedes-Benz is deepening ties in China’s EV market by acquiring a 3% stake in Chongqing Qianli Technology for ¥1.34 billion (~$188 million) [106]. Qianli (listed on the Shanghai exchange, ticker 601777) is a manufacturer of passenger new-energy vehicles and motorcycles (evolving from the old Lifan Auto brand) [107] [108]. The deal, disclosed in a filing, will transfer ~135 million shares to Mercedes at ¥9.87 each [109]. Mercedes agreed not to sell the shares for at least 12 months [110]. This strategic investment comes as foreign automakers seek footholds in China’s huge EV industry amid fierce competition from domestic players. It follows moves by VW, GM, and others partnering with Chinese EV startups for technology sharing and market access. For Mercedes, partnering with Qianli (which has EV R&D and manufacturing in Chongqing) could help it localize EV components or even co-develop entry-level electric models for China. It also aligns with Beijing’s encouragement of foreign investment in local tech firms. The stake is small (3%), but symbolically it tightens bonds between the German luxury carmaker and China’s fast-growing EV supply chain.
Social Media & Online Platforms
Instagram’s 3 Billion User Milestone: Instagram has joined an elite club as one of the few apps ever to hit 3 billion monthly users [111]. Mark Zuckerberg touted the figure during a developer forum, marking astonishing growth for an app Facebook bought for just $1 billion in 2012 [112]. Since crossing 2 billion MAUs in 2022 [113], Instagram added its last billion in under three years – a pace matched only by the likes of TikTok’s explosive rise. In fact, TikTok now has just 1 billion+ MAUs by comparison [114]. Instagram’s success is being attributed to features like Reels (short videos launched 2020) that directly take on TikTok [115], and its integration with shopping and messaging under the Meta umbrella. Meta’s internal estimates peg Instagram as contributing over 50% of the company’s U.S. ad revenue in 2025 [116], thanks to its appeal to younger audiences and visual ad formats. While the 3B announcement was met with fanfare, it also draws antitrust attention – regulators have long criticized Facebook’s 2012 Instagram acquisition (and 2014 WhatsApp purchase) as early moves to neutralize competitors. Still, with Instagram’s user base now roughly 3 × the size of Europe’s population, it’s an undeniable cornerstone of global social media.
Trump’s TikTok Saga Continues: Nearly five years after first threatening to ban TikTok, Donald Trump – now President again – is moving forward with a plan to force TikTok’s American divestiture. A White House source says Trump will sign an executive order on Sept 25 declaring that the prospective deal for TikTok’s U.S. operations “meets the requirements” of a 2024 law mandating TikTok’s sale or ban [117]. This law, passed by Congress amid security fears over ByteDance, would ban TikTok outright unless Chinese ownership is eliminated [118]. Trump has delayed enforcing that ban until mid-December 2025 while negotiators line up American investors to take control [119]. An extension to that deadline is expected in the new order [120]. Ironically, Trump credits TikTok (170 M U.S. users) with helping him win re-election in 2024 and even launched an official @WhiteHouse TikTok account last month [121]. Nonetheless, his administration remains intent on severing Chinese ties – a stance broadly supported by both parties. Once signed, the order will likely face legal challenges, but if a sale goes through, TikTok could end up partly owned by Oracle or Walmart (as previously floated) or other U.S. firms. For millions of creators and fans, the next few months will determine whether TikTok continues under new ownership or faces a potential blackout in its second-largest market.
X (Twitter) vs. Modi’s India: Elon Musk’s platform X suffered a legal defeat in India as it fought sweeping new content rules. The Karnataka High Court dismissed X’s petition against India’s IT Ministry, which had implemented a “content removal system” that X argued amounted to government censorship [122] [123]. The court found “no merit” in X’s challenge, stating the platform must comply with local laws and has a “duty of accountability” in curbing unlawful content [124]. Prime Minister Modi’s government introduced tighter takedown rules in 2023–24 amid concerns over misinformation and political dissent online. X (then Twitter) had resisted dozens of removal orders – including requests to block journalists and activists – before Musk’s takeover. Under Musk, X did comply with some Indian takedown requests but also launched this bold lawsuit seeking to invalidate the rules entirely [125]. With the court upholding the government’s mechanism, X could face penalties or even loss of protections if it fails to remove flagged content. India is one of X’s largest user bases, but Musk has styled himself a “free speech absolutist,” so navigating this loss will be tricky. For now, the ruling affirms India’s power to police social media within its borders, part of a broader global trend (from the EU to Turkey) of governments asserting digital sovereignty – often to Silicon Valley’s dismay.
Australia’s Teen Social Media Ban: Australia made waves at the United Nations this week by championing its under-16 social media ban as a template for protecting children online [126]. Prime Minister Anthony Albanese told a UN panel that as of this December, Australia will be the first country to bar kids under 16 from social platforms – up from the current minimum age of 13 [127]. Instead of heavy-handed ID checks, Australia’s law compels platforms to use AI and behavioral signals to estimate users’ ages and block those likely under 16 [128]. “It isn’t foolproof, but it’s a crucial step in the right direction,” Albanese said at the UN, arguing it will give teens “three more years of real life experience, not algorithms” before exposure to social media [129] [130]. EU President Ursula von der Leyen praised the Aussie approach, saying Europe is “inspired” and “will be learning from you” [131] [132]. The law, passed in late 2024, responded to mounting research on social media harms – from bullying to body-image issues – among early teens [133]. Tech companies have voiced concerns about feasibility and privacy, but are working on age-detection AI as required. How effectively these measures will keep out under-16s (and whether it meaningfully improves youth well-being) will be closely watched by policymakers worldwide.
Space & Science
SpaceX’s Triple Satellite Launch: Before dawn on Sept 24, SpaceX launched a Falcon 9 carrying three groundbreaking space weather probes into orbit [134]. The primary payload, NASA’s IMAP (Interstellar Mapping and Acceleration Probe), is a $600 million mission to chart the boundaries of our heliosphere – the bubble of solar wind surrounding the solar system [135]. Riding along were NOAA’s SWFO-L1 satellite, which will monitor solar storms, and NASA’s Carruthers Observatory, a smallsat to image Earth’s tenuous exosphere [136] [137]. All three spacecraft are bound for the Sun–Earth L1 point, about 1.5 million km out, where they will orbit in unison to give advanced warning of solar eruptions that could threaten satellites and power grids on Earth [138]. The launch went flawlessly – IMAP and the others were deployed to their transfer trajectories about ~90 minutes after liftoff [139]. Even the Falcon 9 booster made a safe landing at sea, marking SpaceX’s 120th launch of 2025 [140]. NASA officials highlighted IMAP’s secondary role in protecting Artemis moon astronauts: by mapping cosmic radiation and solar wind, it will help alert crews of dangerous solar flares [141]. With this success, SpaceX further cemented its role as NASA’s go-to launch provider, and scientists cheered the arrival of new data to improve space weather forecasting – a growing priority as society becomes ever more tech-dependent.
Space Investment and Startups: The space sector also saw promising startup news. SpaceFields, a Bangalore-based space propulsion startup, raised $5 million in a pre-Series A round co-led by Globaz Ventures [142]. SpaceFields develops advanced solid-fuel rocket motors and aims to support India’s burgeoning private launch industry. In Europe, Germany’s Isar Aerospace reportedly secured a new launch contract from a mystery mega-constellation (believed to be Amazon’s Project Kuiper), while Japan’s ispace unveiled progress on its next lunar lander despite its April crash, reflecting the resilience of commercial space efforts. These smaller developments didn’t grab global headlines, but they underscore a “sustainable deep tech” investment trend: as one VC noted, even amid economic uncertainties, money is flowing into startups tackling hard science problems like clean propulsion and orbital logistics [143] [144]. With government contracts and VC funds increasingly available, niche space innovators are getting a boost – signalling that the space tech boom is moving beyond SpaceX to a wider ecosystem of global players.
Quantum Leap in Finance: In science-meets-finance news, HSBC announced that an experimental quantum computing trial with IBM yielded a 34% improvement in a bond trading algorithm [145] [146]. The bank’s pilots combined quantum processors with classical systems to better predict which client bond orders could be filled at quoted prices – essentially optimizing trade pricing in the European corporate bond market [147] [148]. “We now have a tangible example of how today’s quantum computers could solve a real-world business problem at scale,” said HSBC’s head of quantum tech, Philip Intallura [149]. While quantum computing is still nascent, this result – improving a trading model’s accuracy by one-third – is a rare practical win for the technology, which so far has had few outside-lab use cases [150]. A McKinsey report in June projected the quantum industry could grow from $4 billion last year to $100 billion by 2033 [151] [152] if such gains continue. HSBC isn’t alone: JPMorgan and Goldman have their own quantum research teams. But HSBC’s claim of a competitive edge in pricing bonds will put pressure on rivals to step up their quantum experiments. It may also spur more partnership between finance firms and quantum providers (IBM, Google, etc.). While true quantum supremacy in finance is still years off, incremental advances like this hint that the quantum revolution could quietly sneak up via back-office improvements – making trades a bit faster and portfolios a bit smarter, long before the world at large notices.
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