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CaixaBank, Google Cloud expand partnership with AI push

9 October 2026 at 17:06

Spain-based CaixaBank and Google Cloud extended their partnership to 2033 as the bank looks to expand its use of AI and cloud technologies to serve 13 million customers.

Under the agreement, CaixaBank will deploy Google Cloud’s Gemini Enterprise platform to develop and manage AI agents. The bank expects the agents to help employees analyse complex financial information, automate repetitive tasks and streamline everyday workflows.

The companies identified three areas for the expanded partnership. CaixaBank plans to use Gemini Enterprise to analyse large datasets and deploy specialised AI agents for document management, classification and summarising complex content.

CaixaBank will combine its private systems with Google Cloud infrastructure to increase resilience, scalability and service availability. The agreement also covers threat detection and security monitoring.

The agreement includes professional services, joint projects and training to help employees use the new technology. The work will operate under CaixaBank’s security, privacy and responsible AI policies.

CaixaBank first partnered with Google Cloud in 2023. The bank stated it has the largest digital customer base in Spain’s financial sector.

The post CaixaBank, Google Cloud expand partnership with AI push appeared first on Mobile World Live.

SoftBank eyes $100B Gulf investment for AI push

9 October 2026 at 13:46

SoftBank Group founder and CEO Masayoshi Son (pictured) is reportedly targeting up to $100 billion in funding to scale up the company’s AI ambitions, with a number of investors in the Gulf in line to strike partnerships.

The Financial Times (FT) reported Son has been in discussions with senior figures across the Middle East including in the UAE over possible fundraising, although the outlet added there is no guarantee talks with the investors will amount to anything.

It also did not name any companies or specific individual investors.

FT sources claim Son is looking to use the cash to set up a fund to buy companies and then use AI and other advanced technology to improve operations.

SoftBank’s AI and robotics business Roze is expected to play a key role in the process should it come to fruition, with the company planning to take the unit public.

Raising $100 billion to fuel its AI ambitions adds to a $65 billion bet SoftBank has made on OpenAI.

There is also notably a drive across the Gulf nations to invest in the AI sector and diversify economies into technology-related fields, with UAE-based G42 and MGX pumping big sums of cash into development.

Son has a history of courting Gulf investors, with UAE sovereign wealth fund Mubadala and Saudi Arabia’s Public Investment Fund partnering with the Japanese company on its original Vision Fund in 2017.

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OpenAI revenue short by $20B from estimates

9 October 2026 at 10:02

OpenAI’s annualised revenue reportedly reached $50 billion in September, falling $20 billion short of estimates due to accounting discrepancies rather than a slowdown in demand.

The Financial Times (FT) reported financial documents viewed by investors put its annual revenue at $50 billion in September instead of the widely reported $70 billion.

The news site noted the shortfall was due to attempts by OpenAI’s own investor to provide a comparison to rival Anthropic’s annualised revenue run rate. CNBC reported Anthropic’s annualised run rate hit $65 billion by late July 2026.

While the $20 billion gap sounds like a sudden drop, OpenAI clarified to investors its direct revenue still grew by over 70% in Q3 2026 alone, according to FT.

Reuters and other news outlets reported OpenAI was approaching $70 billion in late September based on a more than ​twofold increase in enterprise sales since July.

FT explained the two AI players calculate revenue in different ways, with Anthropic including sales from cloud partners such as Amazon Web Services and Google while OpenAI does not.

Anthropic is reportedly targeting an IPO in November after the US midterm elections while OpenAI is targeting a listing next year.

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The Friday File: Starlink; TalkTalk; DT

9 October 2026 at 09:43

Mobile World Live (MWL) brings you our top three picks of the week as Indian authorities rejected Elon Musk’s allegations about Starlink’s regulatory roadblocks, BT rescued TalkTalk in a £400 million deal and Deutsche Telekom (DT) looked to capitalise on sovereign AI demand.

India hits back at Musk over Starlink oligarch claims

What happened: India’s Ministry of Communications rebuked Elon Musk’s accusation that Indian oligarchs were blocking Starlink’s launch in the country and seeking to preserve a “monopolistic chokehold on the Indian people”, stressing its satellite communications framework is “fair and non-discriminatory”.

Why it matters: The watchdog explained Starlink, along with Indian telecom incumbents Reliance Jio and Bharti Airtel, are all at the same stage of the regulatory process. Each operator must complete security assessments before they can seek spectrum, with final clearances pending. Musk has previously clashed with Reliance Jio owner Mukesh Ambani over satellite spectrum access in the country. Starlink’s protracted approval process in India has lasted four years, with security requirements and spectrum access among key issues. Its presence in the country has also been complicated by reports that Starlink equipment was recovered across parts of the country, claims Musk said do not indicate an illegal active service in India.

Manas Mody, founder of business consultancy FX & Float, said the regulatory debate was “broader than a contest between Musk and operators” because “there could be legitimate regulatory and security considerations behind the resistance”, adding India “has done considerable work to secure its critical digital infrastructure”. “While Musk’s concerns may have some merit, I believe there’s likely more to this than just a conspiracy involving oligarchs,” he argued, adding Starlink is “unlikely to make a significant dent in India’s consumer telecom market” at its planned pricing as its “real opportunity lies in improving connectivity in underserved regions and remote hubs”.

BT strikes £400M deal for TalkTalk

What happened: BT Group agreed a £400 million deal to acquire TalkTalk’s consumer and wholesale businesses out of administration, bringing 2.5 million customers and around 900 employees under its ownership.

Why it matters: The acquisition prevents the UK broadband provider from folding and potentially disrupting services for millions of customers. TalkTalk reported £1.2 billion in revenue in the past 12 months but was loss-making following a prolonged, unsuccessful sales process. BT CEO Allison Kirkby called the situation “genuinely unprecedented”, warning millions of citizens, businesses and public services were at risk if TalkTalk collapsed. She said the acquisition was “the only viable option to keep millions of customers connected and supported”, with the BT adding the business can become value accretive if it is stabilised.

Kester Mann, director of consumer and connectivity at FDM CCS Insight, said the deal “will inevitably also evoke scrutiny from regulators keen to ensure a fair and competitive playing field”, given BT’s “strong position in the broadband market”. He added that this was particularly relevant after competition authorities raised concerns over Nexfibre’s planned acquisition of fellow broadband player Netomnia.

For TalkTalk, Mann said the deal “cements a painful decline” as the company “failed to respond sufficiently to a fast-changing and increasingly competitive market”. Its demise, he warned, should be “a stark warning to any value-focused telecom provider”.

DT eyes sovereign AI revenue bump

What happened: DT set out plans to turn rising demand for sovereign AI into a new revenue stream, targeting around €250 million in non-US AI-related revenue this year and approximately €800 million by 2030.

Why it matters: The German operator noted European businesses and public institutions seeking AI capabilities while retaining control of data and operations presented a key opportunity, describing sovereign AI as a “growth business”.To that end, DT said it is developing an automation platform for SMEs and expanding AI customer service offerings. CEO Timotheus Hoettges stressed it is crucial AI “delivers measurable value” across the business.

Jamie Escott, account director at Vodafone Business Security Enhanced, said DT’s projected €2.5 billion reduction in indirect costs by 2030 highlights “the growing importance of AI moving beyond experimentation and into large-scale operational deployment”. He added organisations are increasingly focusing on “measurable outcomes such as productivity, efficiency and service quality”. Meanwhile, Jean-Philippe Romieu, executive director for cloud and AI professional services at Microsoft Germany, described DT’s strategy as a “telco blueprint”, pointing to use cases included network integrated AI, autonomous infrastructure and AI-assisted operations. However, he flagged issues including volatile compute costs and market adoption, warning DT’s success “relies heavily on European enterprises prioritising data localisation over hyperscaler pricing and performance”.

The post The Friday File: Starlink; TalkTalk; DT appeared first on Mobile World Live.

ChatGPT for Teens deemed to pose unacceptable risk

7 October 2026 at 17:05

US non-profit Common Sense Media’s Youth AI Safety Institute declared OpenAI’s ChatGPT for Teens an “unacceptable risk” and called for the company to halt access for users aged under 18-years until safeguards are independently tested and improved.

The institute tested more than 4,000 prompts across ChatGPT accounts registered to users aged 13 to 17 years-old before and after the teen-focused service launched in August.

Although some safeguards including the chatbot’s refusal to engage in explicit sexual roleplay functioned as expected, several other protections failed to operate.

“We call on OpenAI to pause marketing the product and to keep teens off of ChatGPT until it can offer a safe, developmentally appropriate experience,” the institute stated.

The biggest concern were parental notifications. In dedicated tests, parent-linked accounts generated no alerts during conversations involving high-risk topics including suicide, self-harm or eating disorders, including sessions lasting up to an hour. Broader testing triggered four notifications which only appeared on older accounts with weeks of sensitive history, with some arriving hours or days after crisis-level disclosures.

In addition, ChatGPT for Teens did not reliably refer high-risk accounts to a crisis hotline or professional help. The AI chatbot missed more than one-in-four situations where a crisis referral was warranted, falling below its 95% threshold in three-of-five severe harm categories.

The institute further claimed OpenAI’s age estimation technology repeatedly failed to shift adult-registered test accounts into the teen experience. It also found ChatGPT continued to use language which “simulates preferences and feelings, validates and engages, and continues engagement”, despite the AI company’s updated guidelines for those aged under 18-years.

Mental health
The AI player introduced parental controls and safety notifications to ChatGPT in 2025, stating its systems could identify potential signs of self-harm and alert parents in cases of acute distress.

ChatGPT For Teens emphasised learning, age-appropriate safeguards and parental controls designed to limit exposure to sensitive content.

OpenAI has been hit with a number of lawsuits from parents across the US alleging its chatbot encouraged at-risk teenagers to engage in self-harm, suicide or violent crimes.

In 2025, the US Federal Trade Commission reportedly launched an investigation into OpenAI, Meta Platforms and Character.AI over concerns chatbots were affecting children’s mental health.

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Google told to halt work on Finnish data centres

7 October 2026 at 16:52

Finnish authorities told Google to suspend preparatory work on two planned data centres pending environmental reviews, after the company unveiled a €13 billion investment in the country’s AI infrastructure.

The Finnish Licencing and Supervision Agency (LVV) issued a notice to Google subsidiary Tuike Finland Oy to immediately suspend the data centre projects in Kajaani and Muhos regions “until the environmental impact assessment procedures for the projects have been completed”.

Tommi Muilu, head of the authority’s environmental department, stated available reports indicated extensive preparatory work had already taken place at the project sites, including tree and topsoil removal, construction of site roads and storage areas, alterations to ditches and culverts, and stormwater works.

“In our opinion, the measures in question will change the environment and cause impacts, the identification and assessment of which are among the key objectives of the EIA procedure,” he stated.

The suspension request applies, among other things, to the removal of trees, removal of topsoil, excavation, quarrying, crushing, transfer of soil masses, drainage and the construction of construction site roads and storage areas.

The request does not apply to planning, measurements, soil surveys or other measures with minor impacts and that can be easily restored.

The notice to Tuike Finland Oy ordered it to suspend work no later than 23 October until the environmental impact assessment procedures have been completed.

“We understand the concerns and have fallen short of our own high standards in this instance,” a Google representative told CNBC, adding it will follow the LVV’s guidance.

In addition to the data centres, the digital infrastructure project also includes AI facilities, nuclear power and renewable energy as part of Google’s largest single outlay in Europe.

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Musk plays down TSMC presence at AI fab facility

7 October 2026 at 12:12

Elon Musk (pictured) ruled out Taiwan Semiconductor Manufacturing Company (TSMC) taking an operational role in Terafab, the billionaire’s advanced semiconductor manufacturing facility in the US state of Texas.

The tech mogul explained TSMC’s only potential involvement under discussion is leasing part of the planned site. “Maybe TSMC subleases part of the Terafab if they want, but nothing more than that,” he said in a post on X. He added: “No, we will build and run the fab. Let there be zero doubt about that.”

The comments clarify Musk’s earlier remarks on X that he was in discussions with TSMC and that “something may come of it”, which fuelled speculation that the Taiwanese chipmaker could become involved in operating the facility being developed by SpaceX and Tesla.

Meanwhile, Intel CEO Lip-Bu Tan told Bloomberg the company will continue working with Musk on Terafab, following questions over Intel’s role in the project after Musk disclosed discussions with TSMC. The chipmaker signed up as a development partner in April, working with SpaceX, Tesla and xAI on silicon fab technology for the project.

SpaceX and Tesla announced the Terafab project in August, stating it would combine chip manufacturing, advanced packaging and testing for logic and memory devices at a site projected to exceed 100 million square feet. The facility will produce chips for Musk’s companies, including processors for Tesla’s humanoid Optimus robots and self-driving Cybercabs, alongside high-power chips for SpaceX’s ambitious orbital AI data centres.

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Nvidia flags open-source operator AI shift

7 October 2026 at 09:43

Nvidia highlighted work to help operators rethink dependence on closed AI systems, promoting open-source models to give carriers direct control over network automation and customer workflows.

In a blog, Nvidia stated operators including SoftBank Corp, AT&T and Indosat Ooredoo Hutchison are increasingly deploying open models alongside proprietary systems, explaining they retain full visibility over sensitive network data and can fine-tune models for their specific operational needs.

The move reflects a broader shift across telecommunications.

Nvidia highlighted the findings of its State of AI in Telecommunications 2026 survey in which 89% of operators deemed open-source software critical to their AI strategy, driven in part by independent benchmarks showing open models closing performance gaps in reasoning, coding and autonomous network triage.

Operators are dividing their workloads rather than relying on a single system. Expensive, proprietary models are reserved for complex tasks where closed platforms still hold an edge, while lower-cost open foundation models handle day-to-day operations.

SoftBank used Nvidia’s Nemotron family as the foundation for its Large Telecom Model, employing years of internal operational data.

Rajeev Koodli, principal fellow at SoftBank and SVP of SB Telecom America, explained open models allow it to capitalise on rapid global AI progress and its accumulated network expertise.

AT&T is also taking a multi-model approach. Chief data and AI officer Andy Markus said the goal is to intelligently match “every workload to the right combination of performance, cost and control.”

Nvidia highlighted Indosat Ooredoo Hutchison tailored its open models to Indonesian language and culture.

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Trump names super intelligence czar; Musk rebrands AI unit

5 October 2026 at 16:58

US President Donald Trump (pictured) appointed Director of National Intelligence Jay Clayton as his administration’s AI czar as part of an effort to coordinate the government’s initiative across the sector.

In a social media post, Trump stated Clayton will lead the newly formed Super Intelligence Force (SIF) to coordinate “the effort of the Federal Government to ensure that America continues to lead the World in Super Intelligence, which many say is bigger than the Industrial Revolution”.

Trump recently rebranded AI as “super intelligence” by signing an executive order directing all federal agencies, public communications, websites, and policy documents to use the new name.

He said SIF will oversee the federal government’s engagement with consumers, public interest groups, religious organisations, critical infrastructure providers, and super Intelligence companies.

The President has continued to downplay the potential impact AI could pose to humanity, arguing a recent pact signed by some of the top AI companies to self-regulate their efforts is sufficient.

The Wall Street Journal reported Clayton’s panel will review AI-related risks and current government mechanisms for breaches, hacks, and other related incidents while recommending ways to strengthen the government’s response capabilities using existing authorities.

Trump explained SIF will report directly to him and his Chief of Staff, Susie Wiles.

Musk rebrands
Elon Musk posted on X stating he was renaming SpaceX’s AI division to SpaceXSI to follow Trump’s lead on the term super intelligence.

“Yes, we ​will make that change,” he ​replied to a user on X asking ⁠him about the possibility of ​renaming SpaceXAI to SpaceXSI.

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Interview: Biting AI realities push data to the fore

5 October 2026 at 10:20

The usefulness of AI to industries will largely be determined by more traditional factors including investment and appetite for change, the principal architect and field CTO of intelligent data infrastructure company NetApp told Mobile World Live.

Rahul Sharma (pictured) believes AI is at a juncture between initial optimism and business realities, with the latter set to be the primary influence on how the technology impacts industrial digitalisation.

“Early and unbounded enthusiasm has started to give way to a more serious assessment of the cost-benefit of AI.”

Sharma believes the impact of the technology is being felt in industrial settings, but argued “adoption speed, investments, skills, frameworks” and other elements “all determine how this change process evolves”.

Industrial players are now examining how AI can be used to tackle business challenges in a different way, though Sharma emphasised reality is biting as companies find “success in proofs-of-concept has not always translated into true RoI”.

“The make-or-break factor most often is data.”

Sharma notes AI deployments so far typically involve generative iterations and machine learning or model training, with NetApp “seeing significant growth and investment across both domains”.

Generative iterations are helping companies “unlock greater value from their existing data assets”, including those which were previously unseen or underused. “At the same time, machine learning and AI training workloads continue to expand rapidly, particularly in data-intensive industries such as life sciences, financial services, manufacturing and engineering”.

NetApp can offer some racy details of AI data based on work with leading motorsports teams, one of which is the Aston Martin Aramco Formula One team, which picked the company to be its global data infrastructure partner as part of a wider collaborative strategy highlighted during the AMR Technology Forum in July.

Sharma said the team “needs a common and consistent data infrastructure that provides the flexibility and agility to both keep up and take advantage of the AI revolution”.

Adjustments
It is an example of the tailored approach NetApp pitches itself on and one which Sharma uses to hammer home his point about the importance of data, “one of the most critical assets for any organisation”.

The Aston Martin Aramco Formula One Team wants “to deliver unified data wherever it is needed” for management, control and governance purposes.

But Sharma noted data access requirements can create security headaches, particularly in an era where the technology is pushing companies beyond their usual protective boundaries.

It requires built-in security features which enable data recovery and protection “with minimal disruption”.

Companies must also begin to look beyond traditional approaches reliant on “creating and moving multiple copies of data”, Sharma argued, explaining such methods are “no longer efficient” or sustainable compared with a single source approach NetApp developed.

The changing aspect of data access and management means partnerships are becoming an important element. In the case of NetApp, these collaborations span fields including public cloud storage, managed service providers and operators, and companies running so-called AI factories.

Sharma explained the goal is to “help organisations build a consistent data plane that incorporates everything from on-premises to public cloud” and sovereignty services.

He said the company provides “a range of connectivity options” for businesses to access their data, “from internet to private circuits, colocation and hosted or managed services”.

Works both ways
The Aston Martin Aramco Formula One Team is a high-profile example of what companies require of NetApp.

Sharma said the team needs ways to derive insights from “vast volumes of highly valuable data” used to make decisions in real time for areas including race strategy, performance optimisation, predictive maintenance, vehicle design and safety improvements.

It is an environment which represents the very ethos of F1 in terms of pushing the boundaries of engineering and technical abilities, albeit one focused on digital ambitions rather than the sport’s original mechanical goals.

Sharma highlighted the team’s need to handle “trackside operations during a race weekend” along with “engineering and design activities” at its factory as examples.

The work filters down into broader industrial operations in much the same way car technologies proven on the track often feed into road-going vehicles.

Sharma said product lifecycle management and speeding time-to-market are real-world gains the automotive industry stands to gain from NetApp’s work with motorsports teams. He noted digital twin technology is something even sectors including healthcare could benefit from due to the boost to R&D and manufacturing processes.

NetApp’s work with the Aston Martin Aramco Formula One Team is not a one-way street. Sharma said the collaboration is driving developments including recent investments in “universal data processing engine technology”, which positions the company for increasing use of AI in the racing series and beyond.

“The ability to leverage accelerated computing with GPUs and CPUs at the storage layer is something that customers like Aston Martin Aramco Formula One Team and others will be able to benefit from immensely as they extract value from their full data estate.”

Sharma predicts further benefits of the approach to be felt when F1 regulations change in 2028, a shift he expects to unlock “increasingly sophisticated adoption of AI and GPU” technologies throughout the sport.

But he emphasised other industrial sectors also stand to benefit from NetApp’s work, because it is already providing the ability to optimise AI training and inferencing by “selectively moving only the most relevant datasets to the public cloud”.

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AI firms urged to honour US safety pledge

5 October 2026 at 09:34

Facebook whistleblower Frances Haugen reportedly cast doubt on whether AI companies would honour a voluntary safety pledge agreed after a meeting with US President Donald Trump last week.

Haugen told CNBC OpenAI, Anthropic, Nvidia, Meta Platforms, Microsoft and Google needed to “step up and comply” with the AI agreement.

“The history of tech companies engaging with regulation is: Often they will follow the exact written statement when we are dealing with very flexible systems,” Haugen told CNBC.

She questioned whether the companies would follow the “spirit of the rules” or exploit conduct that was not expressly prohibited to “go around the end of the fence”.

Haugen pointed to Anthropic and CEO Dario Amodei’s support for independent auditors as evidence companies were addressing safety more proactively as concerns about AI posing an existential risk intensified.

“I think that is an acknowledgement that at least Dario knows that if you’re given the space to cut corners, even the angels among us begin to cut corners,” Haugen told CNBC.

In 2021, Haugen, who previously worked as a product manager on Facebook’s civic misinformation team, provided internal documents to the Wall Street Journal, prompting a series of reports known as The Facebook Files.

The documents included evidence the company knew its platforms were harming teenagers’ mental health.

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Amazon pledges $1B to ease data centre backlash

2 October 2026 at 16:32

Amazon committed more than $1 billion over the next five years to support communities hosting its data centres in a bid to address mounting opposition to AI infrastructure.

Amazon Web Services CEO Matt Garman announced the investment in an essay defending data centre development, arguing the buildout is needed for the US to remain competitive in the global AI race.

“Data centres bring considerable tax revenue, positive economic impact, large numbers of good jobs, education programs and other benefits to the communities where they’re built,” he wrote.

The new programme will fund education, workforce training, local hiring, energy upgrades, water and energy preservation projects and grants for local initiatives. Amazon added local communities will help determine how the funding is used.

The company said it expects to connect more than 300,000 students to free degree programmes in data centre communities over five years. It also plans to expand its network of training centres, alongside grants for energy efficiency upgrades targeting more than 300 schools and community buildings and over 30,000 homes.

Amazon also pledged to stop using nondisclosure agreements with government agencies involved in its data centre projects, explaining it would publish annual information on energy consumption, water use and efficiency.

Losing ticket
Data centre expansion has been facing growing backlash across the world over power demand, water consumption, land disruption, noise and environmental impact. In July, New York became the first US state to introduce a one-year moratorium on the construction of hyperscale facilities requiring 50 megawatts of power or more, citing environmental concerns, pressure on the energy grid and costs for residents.

Garman warned data centre moratoriums could leave the country behind in the global AI race. “If these measures are enacted, the US could be writing its own losing ticket to this race, and the consequences would last generations,” he said.

He also pushed back against concerns over water consumption, electricity prices and emissions from backup generators, describing several commonly cited claims as “myths”, “misinformation and outright lies”. He explained direct data centre water consumption accounts for about 0.5% of total US industrial water use and that backup generators remain idle 99.9% of the time.

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Life science companies warm to digital techs

2 October 2026 at 11:28

Rockwell Automation found a majority of manufacturers in the life sciences sector are employing smart production technologies as part of digital transformations, but most struggle to derive meaningful insights from the data collected.

Research involving 104 executives and managers at life sciences businesses found 58% of companies are already using smart manufacturing technologies to some degree in their operations.

Rockwell Automation indicated the potential for growth is high, with 90% recognising the importance of digital transformation.

But it noted businesses are keen to ensure there are tangible outcomes to technology investments. Most believe AI and machine learning will deliver the greatest benefits, with 46% selecting the option.

The research showed a disconnect between the pace of AI adoption and the readiness of the data available.

Rockwell Automation found 32% believe they are generating meaningful insights from more than half the data collected, indicating significant room for improvement at a time when many companies stated they already use AI or plan to do so within the next 12 months.

Digitalisation moves are also being fuelled by a growing number of cyberattacks. Rockwell Automation found 54% of life sciences companies had been targeted in the past year due, in part, to remote access and connected equipment vulnerabilities.

Matt Weaver, VP of global industry, life sciences, said figures showing companies are willing to invest in smart technologies to improve quality, digitise operations and lower risk show the sector has moved on from the days when regulatory compliance was “something they ramped” for.

“The companies connecting their data, securing systems and validating AI deployments today are the ones that will be ready for what comes next from regulators or from the market.”

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Trump brushes off AI concerns, praises Anthropic CEO

2 October 2026 at 09:37

US President Donald Trump (pictured) reportedly continued to dismiss concerns about any threat AI poses to humanity while repeating his claim guardrails would impede its development.

In a wide-ranging interview with Time Magazine published yesterday (1 October), Trump stated he liked Anthropic CEO Dario Amodei after a recent dinner. He praised the executive’s intelligence and claimed Amodei’s actual views differed from how they were portrayed in the media.

In mid-June 2026, the Trump administration issued a directive instructing Anthropic to suspend access to its advanced models over national security concerns related to potential jailbreaking vulnerabilities but then reversed course around a month later.

“I liked him and his wife a lot,” Trump told Time Magazine. “Very smart guy. Maybe different than I thought, a little bit. Really a little bit different. But no, he understands.”

Trump hosted a meeting at the White House with some of the top AI executives, including Amodei, on 29 September, which led to participants signing a voluntary framework focused on industry self-regulation and internal oversight.

The president has opposed any sort of guardrails for AI from the government, claiming they would hamper development and lead to China overtaking the US. Trump told Time Magazine his guardrail against AI labs is enforcement by the Federal Bureau of Investigation and the US Department of Justice.

“Look, I say, if you’re going to seek regulation, they can put you out of business,” he said in the magazine interview. “Now you do have to be responsible for yourself, and there aren’t a lot of people that understand what’s going on”.

“This is a new one that is much different than people have ever seen before. But my attitude is, we’re winning against the world by a lot, and I want to keep winning,” he added.

Time Magazine noted 71% of US citizens oppose building data centres while 57% believe AI will do more harm than good. Trump has repeatedly referred to AI concerns as a hoax.

In the interview he claimed data centres “make a fortune” and would lead to lower taxes.

Trump also indicated he could be interested in the US government owning a stake in in Anthropic or OpenAI, similar to the deal he struck with Intel.

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SoftBank seals DigitalBridge deal

1 October 2026 at 11:00

SoftBank Group completed an acquisition of AI infrastructure investor DigitalBridge 10 months after announcing the tie-up.

The Japanese company stated it paid $3.1 billion in an all-stock deal for DigitalBridge, which will continue to operate as a separate platform led by current CEO Marc Ganzi.

DigitalBridge’s figures will be included in SoftBank’s consolidated financial statements, starting from 30 September.

SoftBank chair and CEO Masayoshi Son previously said the acquisition would bolster the group AI abilities, pointing to a deeper presence in next-generation data centres and ambitions around superintelligence.

Ganzi predicted a boost to DigitalBridge’s long-term investment capabilities.

DigitalBridge specialises in data centres mobile towers, fibre networks and edge infrastructure, and managed $10 billion in assets as of September 2025.

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OpenAI sued over Hugging Face breach

1 October 2026 at 09:40

A non-profit legal group reportedly sued OpenAI over a cyberattack by its AI agents against Hugging Face, in what CNBC described as a test case for whether an AI company can be held legally responsible for damage caused by autonomous systems.

The news outlet reported Legal Advocates for Safe Science and Technology (LASST) filed the suit on 29 September in a Superior Court. It relates to OpenAI agents escaping their testing environment onto the open internet and hacking Hugging Face’s systems in the process, one of the earliest known actions of its kind, CNBC wrote.

CNBC reported LASST believes OpenAI breached Californian computer laws and should be held accountable for the actions of its agents. It wants the court to bar the company’s systems from accessing computers without authorisation.

An OpenAI representative told CNBC the suit lacks merit.

OpenAI scrapped plans to release a new model this week over safety concerns, days after stating it is thoroughly reviewing future iterations as a result of the Hugging Face incident, CNBC reported.

Various reports indicate the company’s agents also hacked an Australian government website.

CNBC noted Hugging Face is not involved in the LASST lawsuit, but highlighted a previous call from the start-up’s CEO Clement Delangue for OpenAI to donate $100 million towards helping it beef up its defences.

OpenAI reportedly tried to invest the same sum in Hugging Face. Nvidia ultimately secured a deal to buy it for $13 billion.

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US FTC opens investigation into top AI players

1 October 2026 at 09:28

The US Federal Trade Commission (FTC) reportedly opened a wide-ranging probe into Anthropic, OpenAI and other AI companies over the potential danger posed by their models.

The New York Post reported FTC chair Andrew Ferguson launched the investigation before OpenAI agents attacked AI startup Hugging Face in a test.

Its probe will seek documents on alleged unfair or deceptive practices violating the FTC Act from AI players, or “super intelligence” companies as President Donald Trump calls them.

The agency is now drafting a civil investigative demand to force testimony from leading companies in the space.

Its move adds to scrutiny of OpenAI and Anthropic’s safety practices after researchers warned their models could cause catastrophic harm.

News outlets reported President Donald Trump met executives from OpenAI, Anthropic, Microsoft, Meta Platforms and Nvidia earlier this week, after which the companies signed a voluntary commitment on AI development.

The framework arrived during a dispute over whether safety concerns should slow development.

Anthropic CEO Dario Amodei recently proposed permanent third-party evaluators inside AI companies as part of a wider plan to curb advances in frontier capabilities. OpenAI CEO Sam Altman backed the proposal.

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DeepSeek, Huawei team on AI chip software

30 September 2026 at 15:23

AI start-up DeepSeek partnered with Huawei to launch an open-source programming software toolkit optimised for the vendor’s Ascend chips, as the Chinese companies up efforts to expand the AI market beyond Nvidia’s technology.

DeepSeek stated on its WeChat account the toolkit is free to download and includes the TileLang platform, which can be compared to Nvidia’s Cuda that is widely considered as a global standard for developing AI models.

The Chinese AI company explained TileLang is “simpler to programme, significantly improving development efficiency and simplifying code logic”.

It added the open-source programming includes compute and communication libraries.

DeepSeek stated it worked with Huawei on its Ascend 950 chips and praised the vendor for providing “unwavering and strong support” during R&D.

“To do a good job, one must first have the right tools,” DeepSeek stated, arguing the first step to building an independent, GPU software ecosystem is to establish an easy-to-programme high-level language which “can simultaneously reach the hardware performance limits”.

Bloomberg reported earlier this month DeepSeek plans to deploy at least 160,000 Huawei AI accelerators at a new data centre in Inner Mongolia.

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Anthropic targets $2T valuation despite AI concerns

30 September 2026 at 09:25

Anthropic is reportedly seeking a valuation of more than $2 trillion in a public listing while also warning in a leaked prospectus AI could pose a catastrophic or existential risk to humanity.

Reuters reported the AI startup recorded a $42 billion net loss in 2025 after reviewing its IPO prospectus. About $34 billion reflected an accounting charge tied to financing which could convert into shares, while compute and infrastructure spending tripled to $7.3 billion.

The filing shows Anthropic faces $518 billion in cloud, compute and infrastructure commitments in the coming years.

Revenue jumped 12-fold to nearly $4.6 billion, though its operating loss widened to $8 billion from $3 billion in 2024.

The prospectus also flagged customer concentration with two customers generating nearly a quarter of 2025 revenue while several were not locked into long-term contracts.

The filing also outlined safety risks exposed by Anthropic’s research, including autonomous systems disrupting code and manipulating information in controlled tests.

Reuters previously reported the IPO could be delayed until after the November US midterm elections. Rival OpenAI is reportedly targeting a listing next year.

Trump weighs in
Speaking at the White House surrounded by tech titans and government officials, NBC News reported President Donald Trump pushed back on heavier AI guardrails.

Flanked by Nvidia CEO Jensen Huang and SpaceX CEO Elon Musk, Trump stated there was agreement among the executives there should be “tremendous self-regulation” by the companies”.

“There’s a belief that there should be tremendous self-regulation, and we automatically have regulation with the Department of Justice, the FBI, all of that,” Trump said.

The news site reported in addition to Huang and Musk, Trump’s AI lunch and summit also included including Anthropic’s Dario Amodei, Meta Platforms CEO Mark Zuckerberg, Amazon founder Jeff Bezos, Alphabet CEO Sundar Pichai, Microsoft CEO Satya Nadella, AMD CEO Lisa Su and OpenAI president Greg Brockman.

While US states, including New York, and communities have put data centre laws or moratoriums in place, Trump said the group of executives “loves local communities, they love our country, and they’re going to work with local communities for the data centres in particular”.

He also stated AI-related data centres “are going to be very popular” across the US due to the efforts of the technology companies in attendance.

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