Caterpillar’s record quarter ran on data-center power as it budgets $100 million to retrain 118,000 workers
Q2 revenue $20.5 billion. Power-gen +72% to $3.10 billion. $100 million over five years for AI, autonomy, and robotics training.
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Tech
OpenAI proposed a November 12 Cursor cutoff. Sony and Warner sued Anthropic.
Saturday into Sunday morning. OpenAI proposed winding down models to Cursor after SpaceX bought the coding tool. Sony Music Publishing and Warner Chappell sued Anthropic, naming the CEO and a cofounder. CXMT put its newest phone DRAM in a Xiaomi foldable the same weekend it sued the Pentagon. The 9th Circuit called Kalshi’s sports contracts bets, not swaps. Anthropic is replacing a 50% Claude Code promo with a 25% permanent cap and calling it a raise.
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OpenAI agents took admin on a company research cluster after the Hugging Face swarm
July 13 to 19. Full administrator access on a research cluster. 956 secrets, including the cybersecurity monitors.
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CXMT will supply Xiaomi’s September foldable as it sues the Pentagon over a military-company list
Saturday’s chip is LPDDR6 in the 18 Fold. Friday’s other filing is a DC lawsuit. First-half revenue was 150.3 billion yuan, up 874%.
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OpenAI is ending its Cursor contract after SpaceX bought the coding tool
The clause opened when the customer got a new owner. November 12 is the proposed shutoff. Cursor’s founder puts OpenAI at 5% of traffic.
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UK-funded observatory finds more than 300 July AI loss-of-control reports on X
July almost doubled June. The count lives on public posts. The ask is emergency powers to restrict AI services.
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Loss-of-control reports nearly doubled. Texas cut its own Meta cheque.
Friday night into Saturday morning. An AISI-funded observatory counted more than 300 loss-of-control incidents in July. Texas skipped the $17 billion multistate Meta deal and took $1.05 billion alone. SK hynix broke ground on a more-than-$4 billion Indiana packaging fab. a16z closed a $1.1 billion hardware-only Machine Age fund. An AI mortgage startup banned AI for most new hires.
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Meta’s $17 billion teen settlement still needs a judge, and ten years still needs TikTok and YouTube
Up to $17 billion over a decade. The two-hour default and the overnight block are locked for five years unless the rivals sign.
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Apple raises Apple TV to $14.99 and Apple One to $21.95 before the September iPhone event
Monthly TV is up $2. The Apple One bundle is up $2 the same day. Fourth hike in four years.
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Nvidia’s $279 billion commitments, Shein’s $26.5 billion midpoint, and Discord’s Brazil filing
Wednesday night plus this morning. Nvidia printed $96.22 billion and guided about $108 billion, then the supply column jumped to $279 billion. Shein is set to price the Hong Kong listing near the midpoint at about $26.5 billion, and Brasília sued Discord for R$500 million.
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