Topic: #technology
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ON.energy AI UPS system prevents data center grid crashes
ON.energy has validated a medium-voltage AI UPS system that keeps data centers online during grid faults, addressing a critical infrastructure vulnerability exposed by a 3 GW load loss in Virginia in July 2026.
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Vitalik Buterin Proposes EIP-8288 to Cut Quantum-Safe Privacy Costs 99%
Ethereum co-founder Vitalik Buterin proposed including EIP-8288 in the I-star upgrade to cut quantum-safe private transaction costs from 10 million gas to the low tens of thousands, a move that would also establish RISC-V as Ethereum's canonical instruction set.
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Google signs 22-year nuclear deal with Fortum in Finland
Google has signed a 22-year power purchase agreement with Finnish energy company Fortum to secure up to 50% of the Loviisa nuclear plant's output from 2030, backing plans to invest €13 billion in Finnish AI and data center infrastructure. The deal marks Google's first nuclear agreement outside the US and represents the tech giant's largest single European investment.
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Meta's Muse AI agent hits #4 on App Store in 24 hours
Meta's standalone AI agent Muse climbed to the number 4 spot on the App Store within its first day, launching with privacy safeguards and cross-service task automation across iOS, Android, and web in the US.
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Zankore secures $3.1B loan for Southeast Asia's largest AI infrastructure hub
Zankore, an Indonesian AI compute platform launched in August, secured $3.1 billion in debt financing from a global banking syndicate to purchase NVIDIA GPUs and build hyperscale infrastructure across Southeast Asia.
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IonQ Unveils Superion Roadmap and SkyWater Foundry Strategy
IonQ raised its 2026 revenue guidance to $450–$460 million and unveiled the Superion product line, starting with a 256-qubit trapped-ion system, at its Investor Day on September 8. The company also launched SkyWater Quantum Solutions, a merchant foundry service built on its $1.8 billion acquisition of semiconductor fabricator SkyWater Technology.
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Zankore secures $3.1B GPU financing for Southeast Asia AI factory
Zankore, a neocloud platform backed by NVIDIA and Ooredoo Group, locked down a $3.1 billion senior term loan facility to deploy AI infrastructure across Indonesia and Southeast Asia—the largest of its kind in the region.
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Huawei targets 600,000 AI chips in 2026, challenging U.S. dominance
Huawei and SMIC plan to double AI chip production to 600,000 units in 2026 using novel architecture to bypass U.S. export restrictions, with Bernstein predicting Huawei will capture 50% of China's AI chip market while Nvidia's share collapses to 8%.
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Samsung SDS joins OpenAI Daybreak, deepens Anthropic partnership
Samsung SDS became the first South Korean firm to join OpenAI's Daybreak Partner Program and formalized a strategic partnership with Anthropic in July 2026, deploying Claude Enterprise to 70,000 employees across Samsung affiliates and positioning itself as a dual-model provider for enterprise AI services.
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Data center construction hits record $75B pace as markets weaken
Private data center construction spending reached $75 billion at a seasonally adjusted annual rate in July 2026, up 57% year-over-year, while overall private construction declined 0.5% and residential and office sectors continued to soften.
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LG TVs Record Audio With Screen Off, Gamers Nexus Investigation Finds
Gamers Nexus spent 500 hours and $70,000 investigating LG smart TVs and found them scanning Wi-Fi networks, recording microphone audio with the screen dark, and uploading captured speech—contradicting LG's July statement to regulators and reporters.
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EIP-8141 Frames: Pay Ethereum Gas in Any Token or Get Sponsored
EIP-8141, a draft proposal since January, would allow Ethereum users to pay transaction fees in alternative tokens or have applications sponsor them entirely, while also preparing the network for post-quantum cryptography.
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MiniCPM5-2B tops sub-4B open models on Artificial Analysis Index v4.2
OpenBMB's MiniCPM5-2B, a 2-billion-parameter model built with Tsinghua University, claimed the top spot among open models under 4 billion parameters on Artificial Analysis Intelligence Index v4.2, signaling a shift toward efficient AI for edge devices.
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Goldman Sachs Raises KOSPI Target to 12,000 on AI Memory Supercycle
Goldman Sachs chief Asia Pacific equity strategist Timothy Moe reaffirmed a KOSPI target of 12,000 in September 2026, implying 80% upside and projecting 300–360% earnings growth for South Korean stocks, citing sustained demand for memory chips from AI infrastructure buildout.
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Jump Trading, Jane Street, IMC expand Hong Kong offices amid talent competition
Major proprietary trading firms including Jump Trading, Jane Street, and IMC Trading are rapidly expanding their Hong Kong operations, signaling the city's critical role in global electronic trading and intensifying competition for specialized talent in quantitative research and machine learning.
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GLOBALFOUNDRIES surges on robust CID growth and inaugural dividend
GLOBALFOUNDRIES reported Q2 2026 revenue of $1.786 billion and announced its first quarterly dividend of $0.12 per share, committing to return up to 50% of free cash flow to shareholders as its data center segment grew 62% year-over-year.
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Hyperliquid in talks with Payward to bring US perpetual futures access
Hyperliquid Labs is negotiating with Kraken parent Payward to offer perpetual futures to US traders through the regulated Bitnomial exchange, pending CFTC approval. The move could establish a pathway for the decentralized platform to enter the American market.
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CME Group and CF Benchmarks Launch Two New Multi-Asset Crypto Indices
CME Group and CF Benchmarks launched two new multi-asset digital asset indices on August 31, 2026. The CME CF Crypto Market Index tracks Bitcoin and Ether alongside broader holdings, while the CME CF Emerging Crypto Index excludes both, focusing on smaller digital assets. Both update every second and are designed for performance measurement and risk management rather than derivatives settlement.
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Evercore ISI Initiates Lumentum With Outperform, $1,100 Target
Evercore ISI has initiated coverage of Lumentum Holdings with an Outperform rating and $1,100 price target, implying roughly 23% upside. The optical components maker posted $1.01 billion in Q4 FY2026 revenue and guided Q1 FY2027 revenues between $1.225 billion and $1.275 billion.
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Bernie Sanders vows legislation to stop Flock AI surveillance expansion
Vermont Senator Bernie Sanders pledged to introduce legislation targeting Flock Safety, warning that the company's 120,000-plus AI cameras are pushing the US toward a surveillance state. The move adds prominent bipartisan opposition to the surveillance platform.
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Shein prices Hong Kong IPO at $26.5 billion valuation
Shein priced its Hong Kong IPO at HK$48.56 per share, valuing the fast-fashion retailer at approximately $26.5 billion and raising about $1.7 billion, though the valuation marks a sharp decline from its $100 billion peak in 2022.
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Anthropic plans shareholder sales at IPO with extended lockup periods
Anthropic is considering a hybrid IPO structure that permits existing shareholders to sell stock during the offering while imposing longer-than-usual post-listing restrictions on additional sales, a strategy that differs from comparable tech debuts.
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SK Hynix CEO Predicts Historic 2027 Memory Shortage Amid AI Surge
SK Hynix CEO Kwak Noh-jung says the memory semiconductor market shows no meaningful slowdown signals, but projects 2027 will be the worst year in the industry's history from a supply perspective as AI demand outpaces production.
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Google's Gemini 3.5 Transcribe adds emotion detection and speaker ID
Google unveiled Gemini 3.5 Transcribe at I/O in May 2026, a multimodal audio model that transcribes speech while detecting emotion, identifying speakers, and summarizing content—capabilities that rival OpenAI's Whisper and reshape how professionals handle recorded audio.