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Tech News · The field notes

Personal Tech — Friday, September 18, 2026

Crusoe raises 3.9B for AI data centers; unsealed filings reveal Microsoft exec called AI scraping the largest theft of labor in human history; DeepMind launches its AGI institute; FAA's 875M AI air-traffic plan; Mantic's superhuman forecasting.

Crusoe raises $3.9B Series F at $30.9B valuation (TechCrunch, Sept 17)

  • data center developer co-led by Atreides, Mubadala, Valor
  • Nvidia/Founders Fund/QIA participated
  • modular truck-transportable "Spark" AI factories built in own facilities
  • Abilene TX site used by OpenAI
  • ex-crypto-miner pivot
  • customers Meta/Microsoft/Oracle
  • $13B 5-year Jane Street cloud contract
  • IPO talks with Goldman/Morgan Stanley per Axios
  • CEO Chase Lochmiller "electrons to tokens"

NYT v OpenAI/Microsoft unsealed filings (Sept 17)

  • Microsoft director of applied science Brent Hecht Jan 2023 memo called scraping "largest theft of labor in human history" / "astonishing theft"
  • "doom loop" memo (Copilot answer engine cut news click-throughs ~93%)
  • OpenAI head of ChatGPT Nick Turley called chatbots "largely substitutive" / "existential threat" to publishers
  • Nadella testified chatbots "substituted" journalism
  • 91,692+ copies of Times/NY Daily News/CIR articles in training data, 2M+ nytimes.com docs from Common Crawl
  • paywalls bypassed, copyright notices stripped
  • Trump admin filed brief defending OpenAI fair use this month
  • suit filed Dec 2023, core case cleared April 2025

DeepMind Institute launches (Sept 17)

  • Google DeepMind essay platform on AGI
  • directors Shane Legg (managing editor), Demis Hassabis, James Manyika
  • four launch essays incl. reasoning transparency (Rohin Shah/Anca Dragan, limiting "opaque serial depth") and Hassabis's US-led frontier AI standards body with voluntary 30-day pre-release review, potentially mandatory
  • Legg: capabilities must not outrun safety, 50% chance of "minimal" AGI by 2028, Amodei slowdown call "interesting directionally"
  • views not Google's official position

FAA SMART program

  • $875M over 12 years (WSJ, Sept 17): Strategic Management of Airspace, Routes, and Trajectories, built by Air Space Intelligence
  • AI assesses schedules/weather/capacity to predict traffic flows and conflicts
  • DC metro first
  • amid air-traffic-controller shortage
  • broader modernization push

Mantic $25M seed (Reuters, Sept 18)

  • London startup beat every human in Metaculus Cup summer 2026 forecasting tournament
  • Radical Ventures led, M12, Thinking Machines Lab, Balderton
  • CEO Toby Shevlane (ex-Google DeepMind)
  • specializes frontier models for forecasting, grades on historical data
  • avoided herd mentality (Shakira "Dai Dai" Billboard bet
  • gave Abelardo De La Espriella ~40% chance of Colombia win vs ~30% consensus, won)

Rapid-fire

  • Google/Nvidia/Anthropic back Emerald AI for grid space for data centers
  • Meta's AI and rival Instinct add phone-call ability
  • Anthropic merges Claude chat + Cowork
  • SK Hynix reportedly in talks with Intel to build memory chips in US
  • Pinterest teases "Restyle" AI room redesign
  • Gemini closing in on another billion-user product
  • Impulse Space $308M Series D extension -> $808M total at $5.6B (Reuters Sept 16), Tom Mueller founded, rideshares sold out through 2028

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