The U.S. Department of Defense says the ban on Anthropic remains in effect, after Lutnick earlier stated the company had reached a settlement with the government.

According to HTX market data, LIT has surged over 16% in the past 24 hours, extending its multi-day rally. Its market capitalization has crossed $1.1 billion, currently trading at $4.41, with a 113.9% gain over the last 30 days.

According to HTX market data, HYPE once broke through $88 this morning, hitting a new all-time high, and has now pulled back to $86.90. The token has risen 6.3% in the past 24 hours and over 57% in the past 30 days.

Beating AI News Flash: According to Bloomberg’s report citing people familiar with the matter, AI company Anthropic is on the verge of finalizing an expansion of its revolving credit facility to $15 billion, a move that clears a major hurdle for its highly anticipated U.S. public IPO filing. The new facility is significantly larger than the company’s earlier target of roughly $10 billion, and also exceeds the $2.5 billion five-year revolving credit line it obtained last year. Morgan Stanley is leading the credit arrangement, with Goldman Sachs, JPMorgan Chase, and Citigroup serving as key participants; these four institutions are also the primary underwriters for Anthropic’s upcoming IPO, while Barclays and Wells Fargo are expected to play critical roles as well. Sources added that the total funds Anthropic aims to raise via its IPO may reach or even exceed that of SpaceX. The company’s current annualized revenue stands at over $65 billion, though the specific IPO size and credit arrangement details remain subject to change.

Beating AI News: AI data center startup Crusoe has signed a five-year cloud services agreement worth approximately $13 billion with quantitative trading firm Jane Street Group. Under the deal, Crusoe will supply Jane Street with advanced AI chip clusters (GPUs) and other infrastructure required for AI training and inference via its cloud platform. Jane Street is one of Crusoe’s largest cloud business clients to date. The agreement has also further boosted investor interest in Crusoe’s latest financing round. Reports indicate that Crusoe recently closed over $30 billion in financing, with the company valued at approximately $300 billion. Crusoe initially primarily utilized waste natural gas from the energy sector to power cryptocurrency mining, later pivoted to the AI infrastructure space, and has already secured AI computing power partnerships with firms including Meta and Oracle. As demand for AI computing power continues to rise among financial institutions and large enterprises, GPU cloud service providers are emerging as key players in the AI infrastructure market.

According to BIT (Bit.com) market data, Robinhood’s stock closed Thursday up 16.57% at $124.72, pushing its market cap to $112.13 billion. Recently, Scotiabank upgraded its rating on the firm; Piper Sandler projects Robinhood’s market revenue will surge with the start of next week’s football season, raising its 2026 and 2027 earnings per share (EPS) forecasts for Robinhood by 5% and 7% respectively, and lifting its target price from $135 to $145. Earlier on September 2, Morgan Stanley upgraded Robinhood (HOOD)’s rating from “Hold” to “Overweight” and hiked its target price from $124 to $150.

Tesla held a closed-door event in Austin, Texas, U.S. on September 3, officially unveiling the Cybercab, a vehicle purpose-built for autonomous driving. The launch was not live-streamed and remained relatively low-key overall. Tesla has registered 45 Cybercabs in Texas so far, though it’s unclear how many will be deployed for commercial operation immediately. The Cybercab is a two-seater all-electric autonomous vehicle, with no steering wheel, pedals or rearview mirrors, relying primarily on 8 cameras and an AI system to enable autonomous driving. Tesla currently has 420 autonomous vehicles in Texas, while Waymo has registered 988 such vehicles in the state. According to Robotaxi Tracker, Tesla operates around 256 driverless autonomous vehicles across 6 cities, compared to Waymo’s roughly 4,000 driverless AVs in 14 cities. No consumer sales timeline for the Cybercab has been released yet. Tesla has opened registration for fleet procurement and related infrastructure partnership intentions. The launch is viewed as a key step for Elon Musk to drive Tesla’s transition from an electric vehicle maker to an autonomous driving and robotics firm, but it still faces significant challenges regarding expansion pace, regulatory approval and actual operational capacity.