
Oracle Invokes Force Majeure on 2.45GW Stargate Data Center
Oracle sent a force majeure notice over Project Jupiter, the 2.45GW New Mexico AI site in the $165bn Stargate programme, after a 17-mile gas pipeline slipped to February 2027.

Oracle sent a force majeure notice over Project Jupiter, the 2.45GW New Mexico AI site in the $165bn Stargate programme, after a 17-mile gas pipeline slipped to February 2027.

Treasury Secretary Scott Bessent said on September 23 that the US-China trade truce set to expire November 10 will run to January 10, announced as Xi Jinping landed in Washington for a state visit.

Barry Diller's People Inc. withdrew its roughly $18 billion proposal to take MGM Resorts private on September 23. MGM shares fell 9.48% the next morning to $34.26, the lowest level since February.

Four paying AI subscribers filed an antitrust class action on Sept. 18 in California, alleging Anthropic, OpenAI, Google and SpaceXAI illegally agreed to slow AI development after Dario Amodei's Sept. 12 essay.

Judge George H. Wu tentatively refused on September 18 to terminate the 2019 FTC consent decree covering TikTok's handling of under-13 data, putting $100 million of the $400 million settlement in doubt ahead of a Monday hearing.

A July internal presentation reported by the Financial Times projects $278 billion of negative free cash flow through 2030 and about $856 billion of spending on computing power and infrastructure.

Reporting published Sept. 18 puts Anthropic's listing in November at a valuation near $2 trillion, raising up to $100 billion. Reuters says its annualized revenue topped $65 billion by end of July. Anthropic has confirmed nothing.

Disney said on September 18, 2026 that Character.AI chief executive Karandeep Anand will become its first chief technology officer on October 2, reporting to CEO Josh D'Amaro — a year after Disney accused his company of infringing its copyrights.

The FCC Media Bureau's declaratory ruling of 17 September lets Saudi, Qatari and Emirati funds hold non-voting equity in Paramount Skydance above the 25% legal ceiling — about 49.5% once the Warner Bros. Discovery deal closes, with clearance up to 100%.

Berkshire Hathaway named Warren Buffett chairman emeritus on September 18, 2026 and elected his son Howard as chairman. Greg Abel stays CEO, and the shares barely moved.

Generac's 16 September SEC filing shows Amazon received a warrant for up to 1,693,745 shares at $200.9266, vesting as Amazon's generator payments climb toward $8 billion.

AAA's national average for diesel hit $6.2301 a gallon on September 14, 2026, its highest reading ever and above gasoline's all-time peak. Damaged refineries, the Strait of Hormuz blockade and Russia's export ban are behind the squeeze.

Amazon suspended its partnership with cargo carrier 21 Air on Sept. 13, a week after the operator's Boeing 767 overran a Miami runway and killed five people on the ground. Here is what NTSB investigators have released so far.

Dell Technologies beat earnings estimates by a wide margin and raised full-year guidance after booking a record $95 billion AI server backlog. This is not investment advice.

SLB, the world’s largest oilfield services company, has agreed to buy thermal management firm Kelvion for $4.1 billion, expanding into data centre cooling as AI workloads drive power densities higher.

GoPro has agreed to merge with optical-photonics firm Starman Optical. Shareholders receive $285 million in cash, about $1.14 a share, and keep roughly 10% of the combined company, which will target AI data centres and defence.

Nvidia is investing $3.5 billion in MediaTek through convertible bonds, taking about 90% of a $3.9 billion offering. It is Nvidia’s largest direct investment outside the United States, and MediaTek will adopt its NVLink Fusion interconnect.

Tim Cook's 15-year tenure as Apple CEO ended Monday. John Ternus, the company's hardware engineering chief, takes over as CEO on September 1, 2026, while Cook becomes executive chairman.

Eli Lilly will acquire private biotech Merida Biosciences for up to $2.88 billion in cash, adding an autoimmune antibody-degrading drug platform to its pipeline.

The Information reports Nvidia agreed to acquire Hugging Face for $12.9 billion. No agreement is signed, both companies decline comment, and the deal could still fall apart.

Politico reports the Trump administration is weighing broader semiconductor tariffs that would also cover laptops, gaming consoles and data center servers.

Anthropic is telling IPO investors its addressable market tops $30 trillion, while its valuation rests on a projected $190-200 billion of revenue in 2028, Reuters reports.

PayPal is in talks with Stripe and Advent International over a possible sale. No deal is final, but a July offer valued PayPal at roughly $53 billion.