White House Hosts Google, Microsoft, Amazon for AI Talk

Key Takeaways

• <ul><li>The White House will host a closed-door AI meeting on September 29 with executives from Google, Microsoft, and Amazon to discuss AI's impact on jobs and the economy.</li><li>Workiva, Corpay, SS&C Technologies, and SPS Commerce are all launching new agentic AI tools targeting regulatory reporting, payments, asset management, and supply chain software.</li><li>Estée Lauder partnered with Profound to monitor how its products appear across AI assistants like ChatGPT and Gemini, gaining visibility into AI-driven product recommendations.</li><li>Microsoft Security Research linked JADEPUFFER, an agentic ransomware operator, to Storm-3168, which used compromised credentials to destroy Azure resources including Storage Accounts, SQL databases, and Key Vaults.</li><li>PrivDrift benchmark testing found that 38.7% to 54.6% of secrets shared in AI conversations remain recoverable after topic changes across three large language models.</li><li>Illinois, California, and Oregon issued executive orders on AI transparency, creating oversight agencies to ensure accountability in AI development and deployment.</li><li>Jeffrey Katzenberg is launching a new AI animation studio focused on using AI technology in animation production, though timeline and project details are undisclosed.</li><li>Singapore and China announced plans for new cooperation in AI and the green economy, building on past projects like the Suzhou Industrial Park and Tianjin Eco-City.</li><li>Core Scientific secured a CoreWeave HPC contract worth up to $8.7 billion over 12 years while expanding data center capacity, though its stock dropped 33% over three months.</li><li>An AI stock-picking platform claims a 93% hit rate with average returns of 213% over the past year using machine learning algorithms.</li></ul>

Core Scientific stock drops 33% despite AI growth and revenue gains

Core Scientific trades at $18.12, down 33% over three months, even though revenue and net income grew year over year. The company secured a major HPC contract with CoreWeave worth up to $8.7 billion over 12 years. It is expanding data center capacity by shifting resources from Bitcoin mining. One valuation model suggests fair value at $37.13, calling the stock undervalued. However, its P/S ratio of 13.2x is well above industry averages, raising concerns about overvaluation.

Workiva launches AI Agent Studio at Amplify 2026

Workiva introduced Agent Studio and new agentic tools at its Amplify 2026 conference, targeting regulatory reporting, audit, and governance automation. The stock sits at $71.48, down 13.9% year to date but up 45.7% over 90 days. A valuation narrative suggests fair value of $78.73, implying the stock is about 9% undervalued. Demand is driven by European sustainability rules like the CSRD and growing interest from large companies. However, its P/E ratio of 82.7x is far above the industry average of 30.4x, signaling potential valuation risk.

Corpay adds AI agents to Complete platform amid FTC settlement

Corpay expanded its Corpay Complete platform with new AI agents for corporate, fleet, and vendor payments. The company also proposed a $100 million settlement with the FTC over marketing practices in its Vehicle Payments unit. The stock trades at $400.32, up 20.4% over 90 days and 37% over one year. A valuation narrative points to fair value of $461, suggesting the stock is undervalued. Corpay raised 2026 cash EPS guidance to $27.35 and plans to use about $15 billion in capital for buybacks and deals. Its P/E of 23.2x exceeds the industry average of 17x.

SS&C Technologies rolls out AI tools across wealth and retirement

SS&C Technologies launched new AI-enabled tools for wealth, retirement, alternatives, and asset management, plus new insurance and retirement partnerships. The stock price is $78.50, down 5.4% over the past month despite a 23.3% gain over 90 days. A fair value estimate of $93.56 suggests the stock is undervalued. The company reported record adjusted revenue, high EBITDA margins, and ongoing buybacks. Analysts expect earnings to reach $1.3 billion by around 2029. However, the story depends on fragile assumptions about margins and earnings guidance.

SPS Commerce launches MAX AI layer for supply chain software

SPS Commerce rolled out its MAX agentic AI layer along with new tools for fulfillment, onboarding, analytics, and visibility. The stock is at $82.69, up 40.5% over 90 days but down 21.2% over one year. A popular valuation narrative estimates fair value at $73.18, suggesting the stock is about 13% overvalued. Growth is driven by digitalization in retail supply chains and rising compliance requirements. However, a DCF model estimates future cash flows at $130.56 per share, suggesting possible upside not reflected in the analyst fair value.

White House schedules AI meeting with tech leaders

The White House has set a meeting for Friday with top AI executives from companies like Google, Microsoft and Amazon. The gathering will focus on AI's impact on jobs and the economy. It is not a formal hearing but a chance for the administration to get input from industry experts. This is the latest effort by the administration to engage with the private sector on AI issues.

Trump and Johnson to host AI meeting with tech CEOs

US President Donald Trump and House Speaker Mike Johnson will hold a meeting on artificial intelligence on September 29. The closed-door session at the White House will include representatives from major tech companies. The meeting will discuss AI's benefits and drawbacks, including its impact on jobs and the economy. It is seen as a way to showcase the administration's efforts to promote AI development.

Singapore and China plan new economic cooperation

Singapore and China are exploring new areas of cooperation including AI and the green economy. Singapore Deputy Prime Minister Gan Kim Yong made the announcement at the FutureChina Global Forum. He noted the Suzhou Industrial Park launched in 1994 helped China's early industrialization. He also highlighted the Tianjin Eco-City project from 2008 that focused on sustainable urban development.

AI stock picking platform shows strong results

An AI-powered stock-picking platform has achieved a 93% hit rate with an average return of 213% over the past year. The platform uses machine learning algorithms to analyze market data and find potential winners. It can quickly adjust to changing market conditions and new information. Many investors have noticed the platform's impressive track record.

Estée Lauder partners with AI marketing platform

The Estée Lauder Companies announced a global partnership with Profound in September 2026. The deal uses Profound's AI marketing platform to monitor how Estée Lauder products appear across AI assistants like ChatGPT and Gemini. This gives the company a single view of how products are recommended by AI tools. The company can then adjust content to improve accuracy and customer engagement.

PrivDrift benchmark reveals persistent secret leakage in AI chats

Researchers created PrivDrift, a benchmark with 1,000 multi-turn dialogues to test if secrets shared in AI conversations remain recoverable after topics change. Across three large language models, dialogue-level hybrid leakage ranged from 38.7% to 54.6%. Additional topic drift did not reliably reduce leakage within the tested window. The findings suggest privacy risks in active AI conversations are a persistent behavioral failure mode.

Rockwell Automation names new CRO and expands AI factory inspection

Rockwell Automation appointed Tessa Myers as Chief Revenue Officer and elevated Jordan Reynolds to lead Lifecycle Services. The company also expanded its AI-powered factory inspection work through a partnership with Tekna and Prometeon for tire inspection. These moves support Rockwell's focus on software, control offerings, and AI-driven automation. Investors will watch whether these changes help meet fiscal 2026 organic sales guidance of 7.5% to 9.5%.

Storm-3168 uses compromised credentials in cloud attacks

Microsoft Security Research linked JADEPUFFER, an agentic ransomware operator discovered by Sysdig in July 2026, to Storm-3168. The threat actor used compromised service principals to destroy resources in Azure environments, targeting Storage Accounts, SQL databases, Key Vaults, Virtual Machines, and App Services. The attack represents an evolution toward AI-orchestrated cloud operations with greater speed and scale. Microsoft recommended mitigations including least privilege enforcement, credential rotation, and enabling Defender for Cloud plans.

Jeffrey Katzenberg launching AI animation studio

Jeffrey Katzenberg is launching a next-generation AI animation studio as part of his vision for the future of Hollywood. This new venture follows his earlier efforts in the entertainment industry. The studio will focus on using AI technology in animation production. Details about the studio's launch timeline and specific projects have not been disclosed.

Three states take executive action for AI transparency

Illinois Gov. JB Pritzker, California Gov. Gavin Newsom, and Oregon Gov. Tina Kotek all issued executive orders addressing the dangers of unchecked AI models. The orders aim to establish clear guidelines and regulations for AI development and deployment. A new agency will be created to oversee AI technologies and ensure they are designed with transparency and accountability. The Transparency Coalition welcomed these actions and plans to work with the states.

Sources

• Core Scientific (CORZ) Leans On AI Infrastructure Growth, Is It Still Below Fair Value?
• Workiva (WK) Could Be 9% Undervalued On Its New AI Agent Push
• Corpay (CPAY) Rolls Out New AI Agents, Is The Stock Fully Priced?
• SS&C Technologies Holdings (SSNC) AI Rollout Keeps Undervalued Narrative In Focus
• SPS Commerce (SPSC) Could Be 13% Overvalued Following Its MAX AI Rollout
• Johnson, Trump set meeting with AI executives - Live Updates
• Trump, US House speaker and tech CEOs to meet on AI on September 29, source says
• From Suzhou to AI: Singapore, China eye new playbook for economic ties
• 93% hit rate — these AI-picked tech stocks have notched a +213% return
• Is AI Search Partnership Altering The Investment Case For Estée Lauder (EL)?
• PrivDrift: Auditing User-Secret Leakage Under Topic Drift in Active LLM Conversations
• Rockwell Automation (ROK) Names A New CRO And Expands AI Factory Inspection
• Storm-3168: Agentic-driven cloud attacks using compromised service principals
• Forget Quibi; Jeffrey Katzenberg Is Launching a Next-Gen AI Animation Studio
• AI Legislative Update: September 25, 2026 — Transparency Coalition. Legislation for Transparency in AI Now.