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26 Sept 2026

Cognition AI Doubles Revenue to $1 Billion as Enterprise Adoption of Devin Coding Agent Accelerates

AI coding startup Cognition AI has surpassed a $1 billion annualized revenue run rate, more than doubling from $492 million just four months earlier. The rapid growth is driven by enterprise adoption of its AI coding agent Devin across major companies including GE Aerospace, Goldman Sachs, and the U.S. military.

2 Sources

25 Sept 2026

Anthropic Loses Pentagon Blacklist Appeal as Court Upholds Supply Chain Risk Designation

A US appeals court ruled 2-1 in favor of the Pentagon's authority to blacklist Anthropic as a supply chain risk, allowing continued removal of Claude AI models from Defense Department systems. The decision comes despite a separate California court ruling that found the designation unlawful, setting up a complex legal battle ahead of Anthropic's anticipated IPO.

26 Sources

OpenAI's $500 ChatGPT Pro Max Plan Surfaces in Leaks with Faster AI Inference

OpenAI appears to be preparing a new ChatGPT Pro Max subscription tier priced at $500 per month, according to leaked code and screenshots. The new AI service promises faster Work and Codex performance, potentially powered by Cerebras hardware, along with maximum memory and 100GB file storage.

2 Sources

Fed's Jeff Schmid Warns AI Ecosystem May Be Too Big to Fail

Kansas City Fed President Jeff Schmid has raised concerns about whether the rapid expansion of the AI ecosystem could create systemic risks similar to those seen before the 2008 financial crisis. He emphasized the need for policymakers to understand the interconnected network of firms, contracts and infrastructure developing around artificial intelligence.

3 Sources

EU Delays Tesla Full Self-Driving Vote to December Amid Regulatory Concerns

The European Union has postponed voting on Tesla's Full Self-Driving (Supervised) system from October 6 to December at the earliest. The Technical Committee on Motor Vehicles will only hold discussions on the Dutch regulator's request for EU-wide approval, with major member states including France, Germany, Italy, and Spain yet to support the system due to safety concerns around speed limits and driver attention.

2 Sources

DaVoice Sues Perplexity AI Over Alleged Theft of Wake Word Technology Trade Secrets

Startup DaVoice filed a lawsuit against Perplexity AI in California federal court, accusing the AI-powered search engine company of stealing proprietary wake word technology. The complaint alleges Perplexity misappropriated trade secrets including source code, inference logic, and training data following a collaboration between the two companies.

3 Sources

FTC Chair Ferguson: Humans, Not AI Agents, Will Be Held Accountable for Automated Actions

Federal Trade Commission Chairman Andrew Ferguson declared that humans will be held responsible for AI agent actions, rejecting the notion of treating these tools as autonomous entities. Speaking at Reuters Momentum AI in Austin, he announced plans to investigate personalized pricing practices by consumer-facing companies while emphasizing existing legal frameworks can address AI-related harm.

4 Sources

Microsoft Copilot Evolves Into AI Operating System as Stock Jumps 3.7% on Enterprise Push

Microsoft unveiled a major redesign of Copilot, transforming it from an AI assistant into a unified enterprise super app. The platform now includes Autopilot for autonomous task automation, Code for non-technical app building, and Cowork for cross-source analysis. Stock rallied 3.7% to $516.50 as Oppenheimer raised its price target to $570.

3 Sources

Cipher Digital Extends Barber Lake Data Center Lease to 20 Years, Securing $9 Billion Revenue

Cipher Digital announced a transformative 20-year lease extension for its Barber Lake data center in Colorado City, Texas, increasing total contracted revenue from $3.8 billion to over $9 billion. The deal includes a binding commitment from a leading AI lab to occupy the facility for 10 years after the initial Fluidstack lease expires.

3 Sources

Arm Stock Rallies 5% as AI Momentum Overshadows Insider Sale Concerns

Arm Holdings stock surged over 5% to $321.89 as investors dismissed concerns over CFO Jason Child's $3.12 million insider share sale, focusing instead on the company's AI-driven growth prospects. The rally reflects renewed confidence in Arm's role in CPU-based AI infrastructure following Meta's Muse AI launch.

2 Sources

Pentagon Requests $30.3M for AI Lie Detector Despite Scientific Doubts on Polygraph Accuracy

The Pentagon wants $30.3 million over five years to develop Polygraph Next, an AI-powered lie detector using standoff sensing and machine learning algorithms. But experts warn that adding AI to an already discredited technology creates "the worst of both worlds" for the 2.8 million Defense Department employees.

3 Sources

OFSS Shares Tumble 5% After Oracle Issues Force Majeure Notice for New Mexico AI Data Centre

Oracle Financial Services Software shares fell over 5% to Rs 10,332 after parent Oracle issued a force majeure notice for Project Jupiter, a massive AI data centre in New Mexico designed to support OpenAI. The notice cites potential power delays, triggering fresh concerns about AI infrastructure financing and pushing OFSS to its worst week since January 2025.

2 Sources

Microsoft Launches Copilot Super App with Autopilot AI Agent and Usage-Based Billing Model

Microsoft officially unveiled its redesigned Copilot super app, consolidating chat, coding, and AI agents into a unified interface. The launch includes Autopilot, a rebranded AI agent that works autonomously as a digital teammate, and introduces usage-based billing for advanced features alongside traditional subscriptions.

25 Sources

Meta Unveils Muse Charm: Standalone AI Assistant Device Launches This Holiday Season

Meta introduced the Muse Charm at Connect 2026, a pocket-sized standalone device that puts its AI assistant beyond the smartphone. The keychain-like gadget features a fingerprint sensor, front-facing camera, and animated avatar, designed to let users interact with Muse AI assistant without unlocking their phones.

2 Sources

Nvidia CEO Jensen Huang dismisses AI cognitive harm to students, says forgetting basic math doesn't matter

In a revealing interview, Nvidia CEO Jensen Huang argued that AI-induced erosion of basic math skills and cognitive abilities in children doesn't matter. The tech billionaire admitted he doesn't know his own address or phone number, suggesting society will simply discover new skills to replace fundamental cognitive abilities lost to AI reliance.

2 Sources

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