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SK Hynix is in talks with Intel to make memory chips in the US, Reuters reports

According to an exclusive Reuters report, based on information from three individuals involved in the talks, SK Hynix is negotiating a deal that would mark the first time the South Korean company manufactures memory chips in the United States. One possibility is for the company to lease part of Intel’s chip-making site in Ohio, and […]

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“Crazy nonsense”: Benioff dismisses the SaaSpocalypse and launches AIforce

Salesforce chief executive Marc Benioff has dismissed months of talk about a “SaaSpocalypse”. “We’ve been hearing all this kind of crazy nonsense about the SaaSpocalypse, especially over the last six months,” he said on Tuesday, opening the Dreamforce 2026 keynote in San Francisco. “Hasn’t it been wild?” he asked the audience. The SaaSpocalypse, he said, […]

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Revolut gets its Colombian banking licence, its sixth worldwide

Revolut has received its licence to operate from Colombia’s financial regulator, the Superintendencia Financiera de Colombia (SFC). The company said the licence is the last regulatory step it needs before it launches in the country. Revolut announced the approval on 15 September. The licence allows it to operate as a regulated bank in Colombia. Around […]

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Musk was asked why Tesla and SpaceX are still separate companies. He said “great question”

Elon Musk again teased combining Tesla and SpaceX, telling the All-In Summit “who could imagine what action one might take when there’s so much close collaboration in so many areas“. Any such deal would very likely cross the EU merger thresholds, which would stop it being implemented until the European Commission cleared it. Elon Musk […]

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OpenAI’s head of countries says Canada has the energy and land for data centres

OpenAI is looking at data centre partnerships in Canada because of the energy and land available there, its head of countries George Osborne told Bloomberg at Mark Carney’s investment summit in Toronto. OpenAI paused its British project in April, saying it would proceed when regulation and the cost of energy allowed. OpenAI is looking at […]

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Europe must build its own AI or risk being cut off, says ECB’s Lagarde

Europe must produce its own AI or risk being cut off from it, says Christine Lagarde, president of the European Central Bank. She warned that a trade partner could use Europe’s reliance on foreign AI as leverage in negotiations. She made the case in a speech in Vienna on 14 September. Its title was “A […]

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Temporal raises $550m at $12.55bn to keep AI agents from failing

Temporal has raised $550m in a Series E round that values it at $12.55bn. That is more than double its valuation seven months ago. The company announced the round on 14 September. Lightspeed Venture Partners led the round. Wellington Management, Growth Equity at Goldman Sachs Alternatives and Tiger Global were co-leads. T. Rowe Price and […]

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Anthropic expects a second straight quarter of adjusted operating profit

Anthropic has told shareholders it expects positive adjusted operating income for a second straight quarter, the Financial Times reported on Sunday, citing several people with knowledge of the matter. CNBC reported the same on Monday, citing two people familiar with the matter. The FT also reported that Anthropic’s gross margins are above 80%. That figure […]

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