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10 September 2026

Nvidia partners with 8 Australian firms for 2GW AI buildout

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Nvidia partners with 8 Australian firms for 2GW AI buildout

Australia's current computing capacity stands at 1. 6 GW, meaning the buildout could more than double the country's AI compute ...

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10 September 2026

Motive raises $1.3 billion from General Catalyst

Motive announced Thursday it secured more than $1. 3 billion in growth financing from General Catalyst and withdrew its previously filed S-1. The San Francisco-based company reported its annual recurring revenue crossed $600 million, the company’s strongest quarter. ARR growth accelerated to 30% year over year. ARR from customers spending more than $100,000 grew nearly 60% year over year.

Source: FreightWavesOriginal source

10 September 2026

Port of Los Angeles posts record 2.9M TEUs, eyes strong finish to 2026

The Port of Los Angeles processed 955,907 container units in August, capping the busiest three-month stretch in its history as resilient consumer demand and early holiday shipments drove volumes. With more than 2. 9 million twenty foot equivalent units (TEUs) moving across its docks in June, July and August, the port entered the fall season with momentum despite mixed signals in exports and ongoing economic pressures. August’s throughput was 6% above the port’s five-year average for the month and roughly on par with last year’s level, according to the port’s monthly media briefing. Over the summer quarter, the port moved more than 2.

Source: FreightWavesOriginal source