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DX Today AI Daily Brief - Monday, October 5, 2026
Schneider Electric agrees to buy industrial software maker PTC for about $22.6 billion in its biggest deal ever, betting on industrial AI. President Trump names intelligence chief Jay Clayton to lead a new Super Intelligence Force, and Elon Musk says SpaceX will rename its AI unit to match. Huawei and Qualcomm sign a broad multiyear patent license covering 5G, compute and AI. Foxconn posts a 47% jump in third quarter revenue on AI server demand. Sam Altman says the world should accept some bad things happening in exchange for AI's benefits. Nvidia backed Reflection prepares an American open weight model to rival DeepSeek and Qwen, as Bloomberg Intelligence finds the US lead over China has narrowed to about 3%. Deutsche Telekom targets 2.5 billion euros in AI savings by 2030. The Bank of Japan weighs how the AI boom affects financial conditions and the neutral rate, while AMRO flags Southeast Asia's exposure to a correction. SoftBank's Masayoshi Son warns superintelligence in the wrong hands could be super dangerous. Norway proposes a temporary ban on AI glasses in some public places. And Figure founder Brett Adcock says his personal AI assistant Hark launches this week.
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