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AI Daily Brief — 10 September 2025

A blockbuster Wednesday dominated by AI infrastructure capitalism. OpenAI-Oracle $300B Stargate. Oracle stock biggest move in decades. Ellison briefly richest person. Mistral + Cognition + Apple still echoing.

Top stories

  • OpenAI signs $300B 5-year cloud agreement with Oracle (Stargate). ~$300B, five-year deal to purchase Oracle Cloud Infrastructure capacity — Project Stargate. Covers ~4.5 GW of data-center compute (≈ output of two Hoover Dams). Oracle stock jumped 36% on the day, briefly making Larry Ellison the world’s richest person. via TechCrunch
  • Oracle shares surge 36%, market cap hits ~$933B. Disclosed $317B in new future-contract revenue tied largely to OpenAI/AI cloud commitments. Biggest one-day move in decades, briefly lifting Larry Ellison past Elon Musk on world’s-richest list. via Alpha Spread
  • Mistral AI raises €1.7B Series C; ASML leads €1.3B (~11%). Mistral closed at €11.7B (~$13.8B) post-money — more than doubled last year’s €5.8B mark. ASML CFO Roger Dassen joins Strategic Committee. Long-term strategic partnership to embed Mistral models across ASML’s lithography R&D, product and ops. via ASML
  • Cognition raises $400M at $10.2B for Devin coding agents. Led by Founders Fund with Lux, 8VC, Elad Gil, Definition Capital, Swish Ventures. >2x jump from earlier 2025 valuation. Devin ARR from $1M (Sep ’24) to $73M (Jun ’25). via TechCrunch
  • US Senate Commerce subcommittee hearing on Trump’s “America’s AI Action Plan”. Sen. Ted Budd (R-NC) convened “AI’ve Got a Plan” at 10am EST examining Trump White House strategy to accelerate US AI deployment and preserve lead over China. via Senate Commerce

Who shipped

OpenAI + Oracle shipped a $300B contract. Mistral + ASML shipped a partnership. Cognition shipped capital. Senate shipped a hearing.

Open-source pulse

Apple’s “Awe Dropping” event (Sep 9) still dominating Sep 10 news — A19 Pro with Neural Accelerators in every GPU core for local AI workloads. AirPods Pro 3 real-time translation. AI framing deliberately muted (no AI-Siri yet); “Center Stage” front camera uses ML for group framing and Visual Intelligence ships with iOS 26.

Money, infra & hardware

PixVerse AI raised $60M Series B led by Alibaba — China-tied AI video-generation platform, 100M+ users globally for short-form AI video creation. Nuclearn raised $10.5M Series A for nuclear-industry AI — Phoenix-based, led by Blue Bear Capital with AZ-VC, Nucleation Capital, SJF Ventures.

Quiet corners

Google AI Max / Performance Max guidelines update — new text-asset guidelines for AI Max for Search Campaigns and Performance Max. Part of broader Sep rollout retiring Dynamic Search Ads in favor of AI-driven keywordless matching. Anthropic Series F afterglow + China-export restriction in effect. Bartz v. Anthropic $1.5B copyright settlement awaiting Judge Alsup preliminary approval (granted Sep 25).

By the numbers

  • ~$300B / ~4.5 GW / 5 years — OpenAI-Oracle Stargate deal / compute / term
  • +36% / ~$933B / $317B — Oracle day move / market cap / RPO
  • $400M / $10.2B / 2x — Cognition Series C / valuation / multiple
  • €1.7B / €1.3B / 11% — Mistral round / ASML check / stake
  • $60M / $10.5M — PixVerse Series B / Nuclearn Series A

Compiled by AI Feed’s editor from verified web sources for 10 September 2025.