September 2026 - TrillionDollarClub

TuesdaySep 29, 2026 10:00 am

Renewables, Battery Storage and Politics Manifest a Complicated Relationship

In July 2026, electricity demand in Texas shot past the existing record of 85.5 gigawatts previously set and reached 91.1 gigawatts due to the intense summer heat. ERCOT, the utility firm in the state, “effortlessly” handled this demand without having to appeal to the public to conserve energy. This feat was attained thanks to battery storage, wind and solar installations. The regulations governing electricity in Texas were designed to favor energy sources that were the cheapest. In the past, this used to be methane gas and coal. The wholesale prices of electricity were therefore based on the baseline cost of…

FridaySep 25, 2026 10:00 am

AI Hack of Australian Government System Causes “Extreme Concern”

While speaking to reporters at the UN General Assembly, the prime minister of Australia, Anthony Albanese, revealed that AI agents from OpenAI went rogue and hacked into Australia’s nationwide healthcare database. Speaking on Wednesday, Albanese revealed that the AI agents accessed non-public and public files in the database but added that there was no evidence that patient data had been accessed. During the breach, the agents wrote files that they added onto the database. This revelation comes at a time when several leading AI executives, including Dario Amodei of Anthropic and Sam Altman of OpenAI, have made urgent calls for…

ThursdaySep 24, 2026 10:00 am

Prices Are Beginning to Rise in the Power Semiconductor Market

The AI boom has created a massive market for semiconductor products like GPUs. As data centers have proliferated in order to address the compute needs of more advanced AI systems, power semiconductors are starting to become a center of focus, and many of the makers of these products are starting to increase their prices. Power semiconductors are often sidelined when the media is talking about the AI boom partly because the manufacturing process of these components matured years ago. However, as server racks have become more advanced and their capacity has grown, attention has shifted to the power semiconductors that…

TuesdaySep 22, 2026 10:00 am

America Faces Chip Worker Shortages as Tech Firms Build More Factories

The current federal administration in Washington and the one it succeeded both agreed on the need to bring more semiconductor manufacturing onto U.S. soil. The methods they used or are using to attain this objective may vary, but the intention is clear. As those efforts begin bearing fruit, tech firms ramping up their manufacturing footprint in America are facing a skilled worker shortage that could have serious ramifications on those companies and the country. An analysis undertaken by McKinsey and the SEMI Foundation indicates that the U.S. is likely to face a shortage of 127,000-157,000 employees in the semiconductor industry…

FridaySep 18, 2026 10:00 am

Goldman Sachs Expects Another Fed Rate Hike in October

After the Fed made a unanimous decision to raise benchmark lending rates by 25bps on Wednesday and the majority of the board expressed a need for further tightening, Goldman Sachs has changed its earlier prediction and now says another hike could happen as soon as next month during the October sitting of the FOMC. Earlier on, the investment bank had posited that the September hike was the last that would happen and that future Fed meetings would end with the bank holding rates steady or announcing cuts. The change of heart comes after the bank analyzed the rate projections released…

ThursdaySep 17, 2026 10:00 am

Study Calls for Greater Use of Satellites in Monitoring Conflict Zones

Totalitarian regimes have often restricted the flow of information to the outside world as they engage in various atrocities, such as mass killings and destruction of communities. A new study documents how satellites have been helping to expose such atrocities and calls for greater use of this technology. The study, whose findings appeared in the Nature journal, cites cases in which satellite imagery helped to provide reliable information about atrocities in different conflict zones. One example is the conflict in Myanmar in which the army killed all the people in entire villages and it was hard to find eye-witnesses to…

TuesdaySep 15, 2026 10:00 am

Tech Stocks Stumble as Calls for Slower AI Development Mount

Early trading on Asian stock exchanges saw tech stocks shedding some of the gains they had made recently. The selloff was driven by several factors that included a rise in crude oil prices, expectations of borrowing rate increases and growing calls from tech leaders to reduce the pace of AI development as greater understanding of the risks of the technology is attained. On Saturday, Dario Amodei, Anthropic’s CEO, wrote an essay in which he urged the tech industry to collectively pump the brakes on the speed at which they were bringing new AI systems online. He explained that it was…

FridaySep 11, 2026 10:00 am

China Rejects US Accusations of Large-Scale Theft of AI

China has issued a strongly worded statement rejecting accusations by the United States that Chinese tech companies are stealing American AI on an industrial scale. The rebuff was issued on Wednesday. Earlier on Tuesday, a trio of U.S. intelligence agencies – the FBI, NSA (National Security Agency), and CISA – accused AI companies in China of exploiting U.S.-developed AI models in order to develop their own models. The advisory that was issued jointly by the three U.S. intelligence agencies singled out firms like Moonshot AI, Alibaba and DeepSeek as guilty of conducting large-scale distillation campaigns from as far back as…

WednesdaySep 09, 2026 10:00 am

Several Narratives Emerge to Explain the Recent Rogue AI Incidents

Recent weeks have seen the news dominated by reports of AI agents going rogue and hacking into sites and systems outside the controlled testing environments created by AI labs like OpenAI and Anthropic. The story of these rogue agents has taken on as many colors as the people narrating it, and we explore some of those narratives. OpenAI framed the breaches as “warning shots” depicting how dangerous the latest AI systems can be and called for investment by society (governments?) in AI safety to prevent large-scale harms arising from the powerful systems they have created. This narrative is protectionist at…

FridaySep 04, 2026 10:00 am

Hurdles Countries Are Facing in Implementing Social Media Bans for Minors

Australia made history last year by being the first country in the world to ban children under 16 years of age from accessing social media. Since then, several other countries like Malaysia have imposed similar bans, and many more countries are exploring how to take similar steps. We discuss some of the challenges that are being faced in the countries that have so far imposed social media bans for minors. Many teens have devised ways to beat the age-verification mechanisms being used by social media platforms. For example, some in Australia have come up with methods like wearing eyelashes and…

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Month: September 2026