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The Brief

September 7 review: Anthropic reportedly abandoned Decart talks, while UForce was seeking new financing. Robinhood took an underwriting role and Huawei introduced a new foldable. AI development also reached newsroom training, public-sector governance and a reported ByteDance video project.

Report: Anthropic drops Decart acquisition talks

Bloomberg reported that Anthropic decided against acquiring Decart after due diligence. The potential deal had been discussed at roughly $6 billion; the report describes abandoned negotiations rather than a completed acquisition.

Techmeme

Robinhood takes an underwriting role in Oura IPO

The Wall Street Journal reported that Robinhood secured its first IPO underwriting role in Oura’s offering. Becoming an underwriter could give the platform greater influence over allocations to its customers, beyond simply distributing access.

Techmeme

ByteDance reportedly develops a spatial video model

Bloomberg reported that ByteDance was preparing an AI model for real-time spatial video, with founder Zhang Yiming overseeing the work. A launch could come as early as the following month, according to sources; the model was still a reported development project.

Techmeme

Huawei adds privacy display to Mate XT2

Huawei introduced the Mate XT2 with a tri-fold design and a privacy-enhancing display. Coverage focused on the inward-folding approach and how the device combines a larger display with controls over viewing angles.

9to5GoogleThe VergeEngadget

UForce reportedly seeks $500M in financing

Bloomberg reported that UForce was negotiating around $500 million in financing at a valuation near $5 billion. The London company develops unmanned systems for air, land and sea; the fundraising was still under discussion.

Techmeme

Matt Clifford leaves UK role after joining Anthropic

The Guardian reported that Matt Clifford stepped down from chairing a UK government science and technology research unit after joining Anthropic. The move followed concerns about conflicts between the public role and his new full-time employment.

Techmeme

UK announces £150M northern scaleup fund

The UK government announced a £150 million fund aimed at growing businesses and university spinouts in northern England. Reports described a search for a fund manager alongside the effort to spread investment beyond London.

Tech.euSifted

OpenAI partners with Ukrainian news organizations

OpenAI, WAN-IFRA and AIRPPU announced a program supporting AI adoption in Ukrainian newsrooms. It combines training with practical projects covering editorial workflows and business operations, according to their joint announcement.

OpenAI