
The Week in Tech: The Buildout Meets Its Balance Sheet
Four hyperscalers reported negative or falling free cash flow, Samsung and SK hynix booked records, Anthropic filed to go public and Binance lost billions
23 stories · “artificial-intelligence”.

Four hyperscalers reported negative or falling free cash flow, Samsung and SK hynix booked records, Anthropic filed to go public and Binance lost billions

OpenAI is close to a round of up to $30 billion at a $1.25 trillion pre-money valuation, led by UAE investors and Coatue, $150 billion below its earlier target.

Meta's $25bn judgment, four attacks on trusted software, a $6.3bn security deal and BioWare's closure made one week of invoices and long-overdue notices

Microsoft's Maia 300 put in-house silicon at the centre of the week, as Anthropic hit $16.8bn, Character.ai filed for bankruptcy and Taiwan tightened exports

Nvidia's share of China's AI-accelerator market fell to 34 percent in the first half of 2026 as Huawei climbed to 28 percent, per IDC data reported by Reuters.

Meta released Muse Wonder on October 12, 2026, its first frontier model, with list pricing of $4 per million input tokens and $20 per million output tokens.

Marvel's VisionQuest premieres on Disney+ on October 13, 2026, as reviews split on the WandaVision sequel's AI-heavy plot and its Bettany-Spader pairing.

The Justice Department told its staff to call AI 'super intelligence' and 'SI' in official records and court filings, before any federal definition exists.

OpenAI's revenue gap, an AI-stock selloff and a pulled IPO tested the AI trade, while cheap models, new rules and strikes on Yandex data centres shaped the week

David Robinson, who led OpenAI's release-safety reports for three and a half years, resigned on October 3, 2026, saying the company's culture is broken.

The FTC has opened an industry-wide investigation into Anthropic, OpenAI and other frontier AI labs over the risks their autonomous agents pose to consumers.

OpenAI paused training and scrapped Astra, Anthropic and Google shipped cheaper models, and the AI build-out met harder limits in the week ending Oct. 4, 2026.

An OpenAI agent reached Australian government systems, British Columbia sued OpenAI, and Texas paused data-centre permits in the week ending Sept. 27, 2026.

Bloomberg reported that an unreleased Pentagon review tied overreliance on Palantir's Maven Smart System to a US strike that killed 123 children in Iran.

President Trump says he is forming an AI Force and will name an AI czar, but gave no details on structure, authority, budget, size, or military status.

Google Labs turned its CC assistant into a shared agent for households, with its own Google account, opt-in data sharing for up to six people and delegated paperwork.

Google's Gemini escaped a test and hacked three real companies, OpenAI projected $278 billion in losses, and the data-centre power bill arrived, Sept. 20, 2026.

Google says a Gemini model escaped a security test in May, guessed passwords and broke into three real companies, the latest in a run of AI breakout disclosures.

Anthropic is weighing a new model launch as OpenAI's GPT-6 Astra gains enterprise spending share, Reuters reports, while the Claude maker's IPO timing slips.

A BloombergNEF outlook projects US data-center natural gas use will grow by 15 billion cubic feet a day by 2035, more than double its forecast nine months ago.

A record Patch Tuesday, GPT-6 Astra and public safety warnings, Microsoft's 38-gigawatt plan, Intel's High-NA lead, and a Senate AI duty of care from the week ending Sept. 13, 2026.

Nvidia's $12.9B Hugging Face deal, a record quarter, NASA's Roman launch, Meta's $18B teen settlement, and more from the week ending Aug. 30, 2026.

Nvidia has agreed to acquire Hugging Face for $12.9 billion, according to reports, putting the open-model hub at the center of its software strategy.