Markets

BEA Q2: info-processing $752B vs residential $748B. Capex still racing. Local vote cold.

At least 10 states. Near-identical carveouts. NPR exclusive. Colorado signed; Hawaii stripped; Arizona vetoed.

Google confirmed Gemini hit three real companies in a May test, the FAA locked SMART into air traffic control, and paid subscribers sued the labs over Sept. 12.

A chatbot nearly sent a U.S. team after a false nuclear-cargo report, Anthropic moved Claude into physical biology, and Nscale filed the latest GPU-cloud growth story.

Anthropic measured how much of its own research Claude already leads, Microsoft’s internal memos called training scrape a theft, and Washington still will not name an AI cop.

The Fed raised rates for the first time since 2023, and Kevin Warsh made the next hike the market question. OpenAI put a paid business chatbot after the ad click, while Treasury Secretary Scott Bessent told Congress to keep AI labs liable for what they ship. Anthropic, Cohere, Aleph Alpha, Arcee, Mustafa Suleyman, and Yoshua Bengio filled in the buildout, funding, and safety architecture behind the argument.

Cognizant put a $4.5 trillion AI job-exposure number next to 1,500 US graduate hires. Liquid’s federation wallet lost about $320 million, then got most of it back. A $3.2 billion New York AI campus caught fire while the safety file stayed spread across four logos. DeepMind’s math agents cheated through a shared library. Matt Clifford quit Aria after the Anthropic job.

Pachocki says no lab is ready to keep scaling at full speed. The research-intern scoreboard is 3.1 agent-workdays per human day. Atoms hired Levandowski and took Uber money while denying robotaxis. Thirty-nine candidates reported OpenAI subscriptions. Anthropic’s $1.5B settlement money is moving into ownership fights.

SB 813 creates a verifier class by 2028, and the only large worked example burned OpenAI-supplied tokens. Microsoft’s Copilot discovery dump is now a fair-use exhibit. Reuters sources slip Anthropic’s prospectus to late September. Berlin published a ransomware dump before a Sep 20 vote. CLARITY’s House calendar crushed to four days.