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• Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation (Iain Martin/Forbes)
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• The Trump administration imposes tariffs of up to 100% on foreign drones, including 100% on models over 55lbs or with thermal imaging, in a bid to thwart China (Farah Stockman/New York Times)
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• All G20 nations unanimously endorse the non-binding Carolina Principles, a US-proposed framework calling for a lighter touch to governing emerging tech like AI (Maggie Eastland/Bloomberg)
• At the G20 summit, Jensen Huang, Mark Zuckerberg, Sam Altman, and Elon Musk joined Trump officials in lobbying policymakers against heavy AI regulations (Amrith Ramkumar/Wall Street Journal)
• How organized opposition that toppled a $100B data center project in Virginia's Prince William County became a blueprint for data center backlash in the US (Dawn Lim/Bloomberg)
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