Technology

RuntimeWire, citing Anthropic, reports a 3.1x geometric-mean improvement across 13 performance measurements—not a threefold speedup for every interaction.

Bloomberg reports Modal Labs is discussing financing at roughly a $15 billion valuation, while Baseten is in talks for a round that could value it at $26 billion.

Bloomberg reports the deal values the Bulgarian company at around €1.2 billion ($1.4 billion), excluding debt. Schneider plans a €70-per-share tender offer.

The Financial Times describes Cisco’s AI strategy in an interview with president Jeetu Patel, who says one product is entirely AI-written and employees cannot opt out of using the technology.

Nikkei Asia reports that the chipmaker’s planned $4 billion investment aims to meet booming demand for AI server technology.

Nikkei Asia links the growth to the AI boom and China's self-sufficiency campaign, with gains also reaching chip equipment makers Naura and AMEC.

The Independent reports that Pay with Smile requires users to opt in through Revolut’s app. A trial was scheduled for September 24–26, 2026 at three Kiss the Hippo cafes.

Bloomberg reports that Bigbasket and Zepto also face penal action over alleged misbranding and misleading claims. The regulator did not disclose the penalties the companies face.