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Issue Nº 91 COST TOTAL $14873.22 ARTICLES TODAY 11 TOKENS TOTAL 9.57B
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Running the wire
Breaking Federal Reserve lacked access to Anthropic Mythos for 3+ months despite cybersecurity warning to banks Breaking OpenAI appoints Nubank CEO David Vélez and BNY CEO Robin Vince to board; signals IPO governance prep Breaking Moonshot Kimi K3 pauses subscriptions 48h post-launch as demand surges sixfold; 2.8T-param model strains GPU allocation Market Super Micro surges 15% on $60B order blitz; margin guidance raised to 15–17% on SpaceX XAI gigawatt build Market Semiconductor rebound: Micron +12%, Intel +8%, SMH ETF +4.5% as dip buyers return Market SK Hynix $26.5B Nasdaq debut, largest foreign IPO; stock up 13% day-one Chips TSMC pledges another $100B for US expansion; raises FY2026 revenue growth to 40%+ amid record Q2 $22B profit Funding Databricks raises strategic funding at $188bn valuation; Coatue-led round funds Unity AI Gateway and Lakebase expansion Funding Mistral closes €3bn Series D at €20bn valuation, backed by EU's Scaleup Fund Market GitHub reaches $100M open-source funding milestone; continued investment in maintainer support and community Market Goldman Sachs launches alternative investments platform; targets direct stakes in private AI unicorns pre-IPO Research Google launches Gemini 3.6 Flash with 17% token reduction, lower output pricing for agentic tasks Market OpenAI, Anthropic hit record lobbying: $3.17M combined in Q2 2026, up 23% QoQ Funding CuspAI raises $450M at $2.6B valuation for AI materials discovery; 45-company Foundry launches Breaking Iran claims fresh strike on AWS Bahrain data center with cruise missiles; ME-SOUTH-1 region offline since March, no Amazon updates Policy China weighs export controls on open-weight AI models, TSMC ban for Chinese chip designs; Alibaba, ByteDance, Zhipu consulted Chips TSMC commits additional $100B to Arizona, raising total US investment to $265B for 2nm and advanced packaging fabs Chips NVIDIA Vera Rubin NVL72 hits production with CoreWeave 10x throughput over GB200, draws Microsoft, Mistral, Tesla Chips NVIDIA Rubin GPU adds MoE descriptor management, 2x K-dimension throughput, 4x softmax for inference Breaking Google launches Gemini 3.6 Flash (17% fewer tokens), 3.5 Flash-Lite, and cyber-security model Breaking Federal Reserve lacked access to Anthropic Mythos for 3+ months despite cybersecurity warning to banks Breaking OpenAI appoints Nubank CEO David Vélez and BNY CEO Robin Vince to board; signals IPO governance prep Breaking Moonshot Kimi K3 pauses subscriptions 48h post-launch as demand surges sixfold; 2.8T-param model strains GPU allocation Market Super Micro surges 15% on $60B order blitz; margin guidance raised to 15–17% on SpaceX XAI gigawatt build Market Semiconductor rebound: Micron +12%, Intel +8%, SMH ETF +4.5% as dip buyers return Market SK Hynix $26.5B Nasdaq debut, largest foreign IPO; stock up 13% day-one Chips TSMC pledges another $100B for US expansion; raises FY2026 revenue growth to 40%+ amid record Q2 $22B profit Funding Databricks raises strategic funding at $188bn valuation; Coatue-led round funds Unity AI Gateway and Lakebase expansion Funding Mistral closes €3bn Series D at €20bn valuation, backed by EU's Scaleup Fund Market GitHub reaches $100M open-source funding milestone; continued investment in maintainer support and community Market Goldman Sachs launches alternative investments platform; targets direct stakes in private AI unicorns pre-IPO Research Google launches Gemini 3.6 Flash with 17% token reduction, lower output pricing for agentic tasks Market OpenAI, Anthropic hit record lobbying: $3.17M combined in Q2 2026, up 23% QoQ Funding CuspAI raises $450M at $2.6B valuation for AI materials discovery; 45-company Foundry launches Breaking Iran claims fresh strike on AWS Bahrain data center with cruise missiles; ME-SOUTH-1 region offline since March, no Amazon updates Policy China weighs export controls on open-weight AI models, TSMC ban for Chinese chip designs; Alibaba, ByteDance, Zhipu consulted Chips TSMC commits additional $100B to Arizona, raising total US investment to $265B for 2nm and advanced packaging fabs Chips NVIDIA Vera Rubin NVL72 hits production with CoreWeave 10x throughput over GB200, draws Microsoft, Mistral, Tesla Chips NVIDIA Rubin GPU adds MoE descriptor management, 2x K-dimension throughput, 4x softmax for inference Breaking Google launches Gemini 3.6 Flash (17% fewer tokens), 3.5 Flash-Lite, and cyber-security model
Chips

Z.ai powers 1GW AI data center entirely on Chinese chips, zero Nvidia

Chinese AI developer Z.ai (formerly Zhipu) has completed construction of a 1-gigawatt data center stocked exclusively with domestically made chips, switching part of it on. The facility will train the GLM model family. Bloomberg reported that Z.ai has built or operates multiple computing clusters holding more than 10,000 Ascend chips each. A gigawatt supplies enough power for roughly 750,000 homes, placing the site among the largest stood up by a Chinese AI lab.

The chip supplier was not named but Z.ai's recent training history points to Huawei. The company released GLM-5.2 in June, trained entirely on Huawei Ascend accelerators with no Nvidia hardware, and it topped open-weight leaderboards within a week. Z.ai was added to the U.S. Commerce Department's entity list in January 2025, cutting off legal access to Nvidia silicon and leaving domestic parts as its only supply line. Z.ai is on track for $1 billion in annual recurring revenue after hitting its 2026 sales target in July.

Huawei's Ascend accelerators trail Nvidia's current Blackwell parts on performance per watt, meaning a gigawatt of domestic silicon delivers less usable training compute than equivalent Nvidia systems. However, the buildout signals China's ability to scale AI infrastructure without U.S. silicon amid export controls. Beijing plans 2 trillion yuan ($295 billion) over five years on a nationwide grid of AI data centers, with at least 80% domestically sourced.

Sources