Chinese banks and carriers have turned AI tokens into rewards, monthly plans and collateral
Chinese banks and carriers have turned AI tokens into rewards, monthly plans and collateral

Chinese banks, telecom carriers and a Guangzhou district have started packaging AI tokens as credit card rewards, monthly plans and a basis for business lending. Research across 25 European languages finds tokeniser fertility ranges from 1.23 tokens pe…

California is deciding who may verify AI, and one investigation already cost $400,000 in tokens
California is deciding who may verify AI, and one investigation already cost $400,000 in tokens

California’s legislature has passed SB 813, requiring the state to certify independent verification organisations that can test frontier AI models by January 2028. The METR investigation into OpenAI’s Hugging Face incident consumed about $400,000 in AP…

Astra appears to think without showing its work, and the people arguing about it co-wrote the warning
Astra appears to think without showing its work, and the people arguing about it co-wrote the warning

AI safety researchers say OpenAI’s Astra appears to do less of its reasoning in visible text, and OpenAI’s chief scientist has warned against a race into unmonitorability. He co-authored a 2025 position paper asking developers to evaluate and report ex…

TCS commits $7.4B to a one-gigawatt AI campus in Hyderabad
TCS commits $7.4B to a one-gigawatt AI campus in Hyderabad

Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees, about $7.4B, to an AI data centre campus of up to one gigawatt in Hyderabad, using green energy and water-neutral design principles. EU rules require any…

Japan says progress made on $550B pact, with AI and chips weighing heavily on the next round
Japan says progress made on $550B pact, with AI and chips weighing heavily on the next round

Japan’s trade minister said discussions on AI and semiconductors will carry very significant weight in the third tranche of its $550B US investment pact, after two rounds went to energy and minerals. The EU’s own framework contains no comparable vehicl…

Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders
Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders

Hon Hai reported August revenue of NT$921.8B, about $29.1B, up 52% year on year on AI server demand, well ahead of analyst expectations for the quarter. In June it signed a EUR 120M manufacturing partnership with Bull, the French state-owned computing …

Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29%
Chinese profits rose 25.7%. The CSI 300 fell 9% and the Star 50 fell 29%

Profits at onshore-listed Chinese companies rose 25.7% in the three months to June, the fastest in nearly five years and heavily concentrated in AI-linked firms. The CSI 300 has fallen about 9% this quarter and the tech-heavy Star 50 has dropped 29%, a…

AI startup micro1 bids $12.5M for Spirit’s records, topping Google’s agreed $10M deal
AI startup micro1 bids $12.5M for Spirit’s records, topping Google’s agreed $10M deal

The AI training-data company micro1 has offered $12.5M for Spirit Aviation’s internal records, topping Google’s agreed $10M and proposing an ombudsman chosen by Spirit’s advisers rather than the buyer. European law would treat the deidentification prom…

AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point
AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point

Nscale is in talks to raise up to $3.5B ahead of a US listing, including $1.5B of convertible notes led by Third Point and about $2B from Nvidia. It is briefing investors that its contracts total roughly $103B, most of the increase coming from a $45B A…

Microsoft tells court Copilot rarely copies books while selling OpenAI’s most capable model
Microsoft tells court Copilot rarely copies books while selling OpenAI’s most capable model

Microsoft moved for summary judgment in the New York AI copyright litigation on 4 September, arguing Copilot reproduced book passages 24 times in 8.2 million conversations. Two days earlier it began selling GPT-6 Astra through Foundry, a model OpenAI r…