• Filing: San Jose-based Chinese optical module maker Ligent seeks ~$727M in a Hong Kong IPO, after its rival Zhongji Innolight's $6.8B Hong Kong debut in July (Sangmi Cha/Bloomberg)
• The US Senate digital assets subcommittee releases a revised "final offer" of the Clarity Act with Trump-backed ethics provisions, ahead of a September 15 vote (Felix Ng/Cointelegraph News)
• AI-connected Asian stocks fell sharply following US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+ (Gregor Stuart Hunter/Reuters)
• Sam Altman says "we welcome a federal framework" but "do not believe we need to wait" for an antitrust exemption or a law to pace AI development responsibly (Sam Altman/@sama)
• Document: Samsung and SK Hynix rejected KEPCO's proposal to prepay ~$18.7B of chip cluster power bills, citing uncertainty over long-term chip demand (Reuters)
• Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target (Janice Huang/Bloomberg)
• Current and former officials: the US NSA plans major restructuring to form five new units for AI, China, cybersecurity, warfighting, and global intelligence (Washington Post)
• Source: Anthropic signed a $13.7B, six-year deal to lease compute from Rum Group's upcoming Georgia data center; Rum operates Rumble and hosts Truth Social (The Information)
• Report: former EPA officials identify 30 federal actions since January 2025 that they say exacerbate health risks stemming from data center pollution (Justine Calma/The Verge)
• Sources: Anthropic told investors it will be profitable for a second straight quarter, with 80%+ gross margins before partner revenue sharing and training costs (Financial Times)
• Satya Nadella says "we welcome" the "deliberate pacing needed to get alignment right", and announces a "Code of Conduct" for Microsoft's MAI models (Satya Nadella/@satyanadella)
• Sources: Anthropic, OpenAI, and Google have held working group meetings since July to discuss creating an industry-led standards body for AI (Leo Schwartz/The Information)
• Xi Jinping calls for a "consensus-based global AI governance framework" and says China will pioneer the establishment of a BRICS AI open-source community (Joanna Ossinger/CNBC)
• Dario Amodei says the "toughest dilemma" about his proposal to "pace the frontier" is what happens if China does not do the same (Ashley Capoot/CNBC)
• President Trump dismisses calls for an AI slowdown, saying "you have a lot of negative forces that are bringing it up that shouldn't be bringing it up" (Financial Times)
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