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Meta's Muse AI Agent Drives Wall Street Price Targets to $920 as Shopping Integrations Expand

Anthropic Signs $11.6 Billion Cloud Deal with Akamai, Potentially Reaching $20 Billion

McDonald's Commits $8.5 Billion to AI-Powered Restaurant Overhaul Through 2036

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

Meta's Muse AI Agent Drives Wall Street Price Targets to $920 as Shopping Integrations Expand

Wall Street analysts are raising Meta price targets following the company's Connect 2026 event, with JPMorgan hitting $920 and TD Cowen reaching $865. The optimism centers on Muse AI agent's rapid adoption—topping iOS charts and securing retail partnerships with Walmart, Best Buy, and Sephora—alongside new AI-powered smart glasses launching in 2027.

2 Sources

Anthropic Signs $11.6 Billion Cloud Deal with Akamai, Potentially Reaching $20 Billion

Anthropic has signed an $11.6 billion, seven-year cloud services agreement with Akamai Technologies for CPU-based AI workloads. The deal could expand by $9 billion to reach $20 billion total. Akamai issued Anthropic a warrant for up to 5% of its common stock, marking the first time the company has attached equity to a cloud deal. Akamai shares surged 17% in after-hours trading following the announcement.

15 Sources

McDonald's Commits $8.5 Billion to AI-Powered Restaurant Overhaul Through 2036

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

Anthropic Pushes $2 Trillion IPO as Rogue AI Agents Spark Safety Debate

AMD Price Target Jumps to $720 as Bank Forecasts AI CPU Market to Triple by 2030

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Today

Meta's Muse AI Agent Drives Wall Street Price Targets to $920 as Shopping Integrations Expand

Wall Street analysts are raising Meta price targets following the company's Connect 2026 event, with JPMorgan hitting $920 and TD Cowen reaching $865. The optimism centers on Muse AI agent's rapid adoption—topping iOS charts and securing retail partnerships with Walmart, Best Buy, and Sephora—alongside new AI-powered smart glasses launching in 2027.

2 Sources

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

Yesterday

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

Data center IPO hopefuls navigate tougher market as investor scrutiny intensifies

Singapore-based DayOne plans a November IPO targeting $5 billion at a $20 billion valuation, even as SoftBank-backed SB Energy postpones its $60 billion offering. Higher interest rates and mounting investor scrutiny are reshaping the data center IPO landscape, favoring operators with diversified customers and secured power supply over single-customer projects.

4 Sources

China Races to Build AI Film Industry Through Government Subsidies and Cheap Computing Power

China is building a fast-emerging AI film industry with government subsidies, cheap computing power and rent waivers. Production costs for AI short dramas plunged from 5,000 yuan per minute to just a few hundred yuan in early 2026. But concerns grow over oversupply as 221,900 new AI shows launched on Douyin with only 1,055 gaining significant traction.

4 Sources

Anthropic Signs $11.6 Billion Cloud Deal with Akamai, Potentially Reaching $20 Billion

Anthropic has signed an $11.6 billion, seven-year cloud services agreement with Akamai Technologies for CPU-based AI workloads. The deal could expand by $9 billion to reach $20 billion total. Akamai issued Anthropic a warrant for up to 5% of its common stock, marking the first time the company has attached equity to a cloud deal. Akamai shares surged 17% in after-hours trading following the announcement.

15 Sources

AI Agents Are Redefining Supply Chain Resilience as Disruptions Cost Businesses $1.6 Trillion Annually

AI agents are transforming how businesses manage supply chain resilience and procurement amid mounting global disruptions. Organizations deploying agentic AI in procurement expect to slash disruption response times by 62%, compressing what once took weeks into hours. With supply chain disruptions costing up to $1.6 trillion in lost revenue annually, these autonomous systems offer a path to balance efficiency with resilience.

2 Sources

24 Sept 2026

McDonald's Commits $8.5 Billion to AI-Powered Restaurant Overhaul Through 2036

McDonald's announced an $8.5 billion investment over the next decade to modernize its 46,000 global restaurants with AI technology, automated systems, and menu innovations. The restaurant overhaul includes the ArchIQ system developed with Google, AI-enabled drive-thru ordering, and hand-breaded chicken expansion as the fast-food giant battles flat traffic and rising competition from Burger King.

4 Sources

AI Shopping Assistants Transform India's Festive Shopping as Millennials Lead Adoption

India's festive shopping season is witnessing a major shift as 80% of shoppers actively seek AI shopping assistants for their purchases. InMobi's latest report reveals millennials are embracing AI recommendations 10 percentage points more than Gen Z, while three in five shoppers plan to spend over ₹10,000 this festive season.

3 Sources

CoreWeave Gains on UBS Buy Rating Despite $35.6 Billion Debt Load as AI Computing Demand Surges

UBS analyst Karl Keirstead initiated coverage of CoreWeave with a Buy rating and $120 price target, citing persistent strong demand for AI computing power and rising revenue per gigawatt. The move comes as the AI cloud provider grapples with $35.6 billion in debt while securing new partnerships like Harell Data for biotech AI workloads.

4 Sources

AI in Banking Faces Governance Crisis as Decision Intelligence Outpaces Traditional Automation

Banks are racing to deploy AI in financial services, with 54% now running live AI models. But a critical gap has emerged: only 12% have mature governance systems in place. As McKinsey projects $200-340 billion in annual value from generative AI, institutions face a stark choice between adding AI to outdated systems or rebuilding around decision intelligence.

3 Sources

DeepSeek Annualised Revenue Run Rate Doubles to $1 Billion Ahead of IPO

Chinese AI startup DeepSeek's annualised revenue run rate has surged to $1 billion, more than doubling in just months. The growth comes from a 2.3 to 4.5 times API price increase and sustained demand. DeepSeek is finalizing a $7.5 billion funding round at a $74 billion valuation as it prepares for an IPO on Shanghai Stock Exchange.

5 Sources

China's Lipstick King Faces AI Disruption as Livestream Shopping Growth Slows

China's livestream shopping industry confronts slower growth and AI disruption as digital hosts reduce costs by 80-90%. Li Jiaqi, who sold billions to 100 million followers, argues human hosts remain essential despite JD.com offering free AI hosting since December 2025. Regulatory efforts now require disclosure of AI-generated content.

2 Sources

Enveda Raises $311M Series E to Advance Nature-Derived AI Drugs Into Clinical Trials

Biotech startup Enveda closed a $311 million Series E at a $2 billion valuation to advance AI-discovered drug candidates targeting severe skin conditions, weight loss maintenance, and inflammatory diseases. The Boulder-based company has moved three nature-derived compounds into human trials using its PRISM platform.

2 Sources

23 Sept 2026

Quanome Technologies Commits $18.8M to NVIDIA GPUs for First US AI Cloud Hub Launch

Quanome Technologies signed an $18.8 million purchase agreement for NVIDIA GPU-powered computing infrastructure to develop its AI cloud business through subsidiary XDT Infrastructure I, LLC. The company plans to launch its first US AI infrastructure hub by Q4 2026, offering managed AI computing capacity to businesses without requiring them to build their own infrastructure.

2 Sources

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