• Sources: Moonshot AI told investors it topped $1B ARR in August, up from $300M in June, driven by its Kimi K3 release; it aims to hit $2B ARR by the end of 2026 (Bloomberg)
• A US judge dismisses two lawsuits against LinkedIn over its scanning of browser extensions, saying users voluntarily expose data by downloading extensions (Jon Brodkin/Ars Technica)
• Ayar Labs, which is developing a way to link AI chips directly with optical connections, raised $150M, an extension of its $500M Series E in March 2026 (Stephen Nellis/Reuters)
• Garry Tan says "I would do nothing" about China's AI distillation and urges the industry to focus on current AI risks instead of doomsday-style extinction fears (CNBC)
• Polymarket names Warren Jenson its first CFO as the company aims to grow in the US; Jenson served as finance chief of Amazon, EA, NBC, and most recently Nielsen (Katherine Hamilton/Wall Street Journal)
• Sources: TikTok rejects ads from Meta that call on TikTok and other platforms to join Meta in settling with US state AGs in a landmark child safety lawsuit (Sara Fischer/Axios)
• MIT launches the LLM Election Observatory, a dashboard tracking how nearly a dozen AI models tailor responses to political queries during the 2026 US midterms (Tiffany Hsu/New York Times)
• Official doc: India's Serious Fraud Office urges the government to probe Xiaomi over alleged business model irregularities and foreign investment law violations (Aditya Kalra/Reuters)
• President Trump rejects warnings of AI-driven human extinction, saying the US leads China by a year and will be "in a very bad position" if it doesn't win in AI (Jeff Mason/Bloomberg)
• Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO (Ann Cao/South China Morning Post)
• A US judge finds TikTok liable for lying about its safety standards and exposing minors to inappropriate content, in a 2025 lawsuit filed by Texas AG Ken Paxton (Christian Terry/Click2Houston.com)
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• Sources: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same (Bloomberg)
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