Nokia stock rose after Rosenblatt began coverage with a Buy rating and a $15 price target. The analyst firm called Nokia an AI optical powerhouse, noting that its scale-across networking business connects AI compute clusters over wide-area networks. Sales to AI and cloud customers more than doubled in Q2, and Network Infrastructure revenue grew 12% year-on-year.
Nvidia CEO Jensen Huang pushed back against extreme AI doomsday fears during a live summit, calling them unscientific. President Donald Trump also weighed in, defending rapid AI development and calling safety concerns a hoax. The two spoke during a company all-hands meeting where NVIDIA discussed its $30 billion investment in ChatGPT development.
Anthropic founder Dario Amodei called for a slowdown in AI development, warning about recursive self-improvement and cybersecurity risks. OpenAI's Sam Altman and xAI's Elon Musk both agreed with those concerns, though chipmakers and cybersecurity vendors could face lower sales if development slows.
Vertical Data signed a Letter of Intent with a global AI developer for a $192 million commitment that includes a 1,024-GPU NVIDIA B300 Blackwell Ultra cluster, with service targeted to start in Q1 2027. Meanwhile, TotalEnergies announced a three-year partnership with Mistral to invest over €100 million in AI models aimed at improving oil and gas exploration using geoscience data.
Data centers are driving construction growth in some regions, but residents in areas like parts of Virginia are seeing higher power bills. In Spain, the data protection agency AEPD reported what it called the first known data breach caused by an AI agent, which used a large language model to find system weaknesses and access personal data. Separately, OpenRouter data showed that for the first time since February 2024, users spent more on OpenAI models than on Anthropic's Claude, driven by newer GPT 5.6 models and Astra, which alone accounted for about 19% of total spending in the week of September 7, 2026.
Researchers introduced Continual Search, a framework that helps AI models better diagnose failures in long tasks by continuing to search for evidence across multiple turns. The method improved GPT-5.5's accuracy score from 0.349 to 0.498 on a benchmark called MegaRCA-Mix, which includes 50 annotated failure trials.
Key Takeaways
- Rosenblatt started Nokia at Buy with a $15 price target, citing AI optical networking growth and a 12% year-on-year rise in Network Infrastructure sales.
- Nvidia CEO Jensen Huang dismissed AI doomsday fears, while President Trump called safety concerns a hoax during a company all-hands meeting.
- Anthropic's Dario Amodei called for a slowdown in AI development, with OpenAI's Sam Altman and xAI's Elon Musk agreeing on the risks.
- Vertical Data landed a $192 million AI infrastructure deal that includes a 1,024-GPU NVIDIA B300 Blackwell Ultra cluster, with service starting in Q1 2027.
- TotalEnergies is investing over €100 million with Mistral over three years to apply AI models to oil and gas exploration.
- Spain's AEPD reported the first known data breach caused by an AI agent using a large language model to access personal data.
- OpenRouter users spent more on OpenAI models than on Anthropic's Claude in the week of September 7, 2026, with Astra making up about 19% of total spending.
- The Continual Search framework improved GPT-5.5's failure diagnosis accuracy from 0.349 to 0.498 on the MegaRCA-Mix benchmark.
- Data center construction is boosting some local economies, but rising power bills and unclear job impacts are drawing concern.
- NextDC faced criticism for allegedly using AI to lobby for its M3 datacentre expansion in Footscray, which was rejected by Victoria's jobs minister.
NOK stock rises overnight on analyst Buy rating
Nokia stock gained over 1% after Rosenblatt started coverage at Buy with a $15 price target. The firm called Nokia an AI optical powerhouse and sees 55% upside. Nokia has captured meaningful business in scale-across networking, which links AI compute clusters over wide-area networks. Sales to AI and cloud customers more than doubled in Q2.
Rosenblatt starts Nokia at Buy on AI optical franchise potential
Rosenblatt began coverage of Nokia with a Buy rating and a $15 price target. The firm sees Nokia's optical networking business benefiting from AI infrastructure demand. It believes the stock trades at a conservative valuation despite its AI potential.
Nokia stock rises as analyst calls it AI optical dark horse
Nokia stock rose after Rosenblatt initiated coverage with a Buy rating and a $15 price target. The analyst called Nokia an AI optical powerhouse trading at a conservative valuation. The firm sees Nokia gaining from AI infrastructure growth and its strong position in scale-across networking. Nokia's Network Infrastructure sales grew 12% year-on-year in Q2.
Nvidia CEO Jensen Huang dismisses AI doomsday fears
Nvidia CEO Jensen Huang dismissed extreme AI doomsday fears as not grounded in science. He spoke at a live summit where AI safety concerns were debated. President Donald Trump also called into the event. Huang discussed the stakes of slowing US innovation and NVIDIA's $30 billion investment in ChatGPT development.
Trump doubles down on AI push, speaks to NVIDIA CEO
President Donald Trump defended rapid AI development and called safety concerns a hoax. He spoke to NVIDIA CEO Jensen Huang during a company all-hands meeting. Trump stressed the need for the US to beat China in AI. Anthropic CEO Dario Amodei and other industry leaders warned of risks from rapid AI growth.
Vertical Data lands $192M AI infrastructure deal
Vertical Data signed a Letter of Intent with a global AI developer for a $192 million commitment. The deal includes a 1,024-GPU NVIDIA B300 Blackwell Ultra cluster. A final Master Services Agreement is being completed. Service start is targeted for Q1 2027.
AI and data centers are boosting the economy but raising concerns
Reports from ING Global Market Research show data centers are the only thing driving construction growth right now. Some Virginia counties have seen tax revenue cuts and new schools from data center investment. However, power bills have risen for many residents. Experts say it is still unclear whether the economic growth will lead to higher wages or job losses.
TotalEnergies invests over €100M in AI with Mistral
TotalEnergies announced a three-year partnership with Mistral to invest over €100 million in AI models. The project aims to improve oil and gas exploration using geoscience data. The stock trades 44.0% above its GF Value™. TotalEnergies offers a 4.36% dividend yield and holds a GF Score™ of 65 out of 100.
Top AI companies call for development slowdown
Anthropic founder Dario Amodei called for a slowdown in AI development. He warned about risks like recursive self-improvement and cybersecurity threats. OpenAI's Sam Altman and xAI's Elon Musk both agreed with his concerns. Chipmakers and cybersecurity vendors could see lower sales if development slows.
NextDC accused of using AI in lobbying for datacentre expansion
Victoria's jobs minister accused NextDC of using AI to write a letter seeking support for its M3 datacentre expansion in Footscray. The expansion would cover 10 hectares. Minister Melissa Horne rejected the request. Local residents worry about the site's proximity to homes and reliance on diesel generators.
OpenAI models beat Anthropic in user spending on OpenRouter
For the first time since February 2024, OpenRouter users spent more on OpenAI models than on Anthropic's Claude models. The shift happened in the week of September 7, 2026, measured by actual dollars spent. OpenAI's newer GPT 5.6 models and Astra helped drive the change. Astra alone made up about 19% of total spending that week.
Spain reports first data breach caused by an AI agent
Spain's data protection agency AEPD reported the first known data breach carried out by an AI agent. The agent used a large language model to find system weaknesses, change personal data, and access invoices. The affected organization reported the incident, and the review is still ongoing. The case shows that AI agents can now play a direct role in cyberattacks.
New search method improves AI agent failure diagnosis
Researchers introduced Continual Search, a framework that helps AI models better diagnose failures in long tasks. The method keeps the AI judge searching for more evidence across multiple turns instead of stopping early. The team also created MegaRCA-Mix, a testbed with 50 annotated failure trials. Continual Search improved GPT-5.5's accuracy score from 0.349 to 0.498 on this benchmark.
Sources
- NOK Stock Rises Overnight: Analyst Calls Nokia AI Optical Dark Horse Trading At 'Conservative Valuation'
- Rosenblatt starts Nokia at Buy on AI optical franchise potential
- NOK Stock Rises Overnight: Analyst Calls Nokia AI Optical Dark Horse Trading At 'Conservative Valuation'
- Nvidia CEO Jensen Huang dismisses AI doomsday fears as 'not grounded in science'
- Trump doubles down on AI push, speaks to NVIDIA CEO; terms safety concerns 'hoax' as industry leaders unite amid risks
- Vertical Data Secures $192 Million AI Infrastructure Commitment for Global AI Developer
- For better or worse, AI investment and data centers are driving the economy
- TTE Looks 44.0% Overvalued on GF Value™ Amid €100M AI Investment
- Anthropic, OpenAI, and xAI Want to Slow Down Artificial Intelligence (AI) Development. These 2 Stocks Could Be the Biggest Losers.
- Datacentre giant accused of using AI while lobbying for Victorian minister’s support for hyperscale factory
- OpenAI Surpasses Anthropic On OpenRouter Spend For First Time In 2.5 Years
- Spanish data watchdog publicises first AI agent-linked data breach report
- Root-Cause Attribution Is a Search Problem: Continual Search for Long-Horizon Agent Failures
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