Google's Market Cap Reaches $3 Trillion; Nothing Raises $200 Million in Funding

Total 976 words · 4 mins read

Key Takeaways

  • Google's stock rose 3.7% to reach a $3 trillion market capitalization on September 15, 2025.
  • Nothing raised $200M led by Tiger Global, valuing the company at $1.3 billion.
  • ChatGPT reached 700 million weekly users by July 2025, processing 2.5 billion messages daily.
  • Meta leaked Ray-Ban smart glasses with display; official debut at Connect keynote.
  • Xiaomi 17 series skips '16' to compete with Apple's iPhone 17 in China.

Top Stories

Google's stock rises to $3 trillion market cap.

On September 15, 2025, Google's stock increased by 3.7% on Wall Street, reaching a market capitalization of $3 trillion. This growth was attributed to Citi's upward revision of its target price from $225 to $280.

Nothing raises $200 million in funding.

On September 16, 2025, Nothing, a London-based smartphone maker, announced it raised $200 million in a funding round led by Tiger Global, valuing the company at $1.3 billion. The company aims to integrate AI into its products and expand its operating system to various devices, including smart glasses and EVs.

ChatGPT reaches 700 million weekly users.

On September 15, 2025, researchers from OpenAI, Duke, and Harvard released a study showing ChatGPT reached 700 million weekly users by July 2025, processing 2.5 billion messages daily. Over 70% of usage is personal rather than work-related.

Meta leaks new Ray-Ban smart glasses with display.

On September 15, 2025, Meta leaked new Ray-Ban branded smart glasses with a display and a wristband, along with wraparound Oakley smart glasses. The Ray-Ban glasses, potentially named Meta Ray-Ban Display, feature a display in the right lens for AI interaction, navigation, and translation, with an official debut at the Connect keynote.

Xiaomi to launch Xiaomi 17 series to compete with Apple.

On September 15, 2025, Xiaomi announced its upcoming Xiaomi 17 smartphone series, skipping the '16' model to directly compete with Apple's new iPhone 17 in China. The new series features the Snapdragon 8 Elite Gen 5 chipset and aims to counter market monotony with significant upgrades at a competitive price point.

AI Regulation

Congress considers GAIN AI Act.

In 2025, Congress is considering the GAIN AI Act, which would impose new limits on the export of AI semiconductors and require chipmakers selling to countries of concern to give American purchasers the first right of refusal. The measure has faced pushback from industry members like Nvidia.

Big Tech Insights

Elon Musk's net worth recovers to $429 billion.

As of September 15, 2025, Elon Musk's net worth has nearly recovered to $429 billion, approaching the $432 billion he held on January 1. This recovery follows a decline earlier in the year, boosted by news of a proposed $1 trillion pay package and Musk's purchase of $1 billion in Tesla shares.

Big tech to invest $325 billion in AI.

By the end of 2025, major tech companies like Amazon, Microsoft, Google, Meta, and OpenAI are set to invest at least $325 billion in artificial intelligence. They aim to build advanced AI systems with visions ranging from improved search engines to more transformative technologies.

Microsoft Edge ad on Bing compares to Chrome.

On September 16, 2025, a new Microsoft Edge ad on Bing was discovered, featuring a scoreboard that compares Edge and Chrome when users search for Chrome. The ad promotes Edge by highlighting its features, such as rewards, a built-in VPN, and AI personalization.

IBM, SCSK, and Red Hat collaborate on mainframe modernization.

On September 16, 2025, IBM Japan, SCSK, and Red Hat began collaborating to provide a modernization platform combining mainframe technology and a cloud-native foundation. This new platform aims to improve development and operational efficiency, reduce costs, and promote DX by utilizing AI technology, container virtualization, and automation.

Tech & Politics

Trump's inner circle involved in crypto and AI chip deals.

On September 15, 2025, The New York Times published an investigation revealing a $2 billion cryptocurrency transaction and a pending sale of the world’s most valuable AI chips to the United Arab Emirates, both tied to former President Donald Trump and his inner circle. These deals highlight the profitability and geopolitical implications of high-value transactions.

Tech Today

Apple releases iOS 26 with new features and compatibility details.

Apple released iOS 26 on September 15, 2025, introducing a revamped Liquid Glass interface, enhanced lock screen customizations, and an updated Photos app. The update requires at least an A13 Bionic chip, with advanced Apple Intelligence features restricted to iPhone 15 Pro models and newer, and includes hidden features like customizable alarm snooze durations.

The Verge recommends best phones to buy.

On September 15, 2025, The Verge published a guide recommending the iPhone 16 ($699-$729.99), Google Pixel 10 ($799), Samsung Galaxy S25 Ultra ($1299.99), and Google Pixel 9A ($499) for various user needs and budgets. The guide highlights key features like processors, camera systems, display quality, and durability.

Microsoft adds speed test button to Windows 11.

On September 14, 2025, Microsoft added a "Perform speed test" button to the network menu in Windows 11, allowing users to quickly check their internet speeds. The test opens in the browser via Bing.

Quantum Source announces photonic chip Origin.

On September 16, 2025, Quantum Source announced its photonic chip Origin, a deterministic photon‑atom interaction platform that promises fault‑tolerant, room‑temperature quantum computing scalable to millions of qubits. Shipping to select customers is planned for 2026, with general availability in 2027.

iPhone 17 Pro models face longer shipment delays.

On September 15, 2025, Bank of America reported that Apple's iPhone 17 Pro and Pro Max models are experiencing longer shipment delays than their iPhone 16 counterparts. The iPhone 17 Pro has an 18-day wait, the Pro Max has a 25-day wait, and the base iPhone 17 has a 19-day wait.

Amazon's fall hardware event scheduled.

Amazon's fall hardware event is scheduled for September 30th, 2025, in New York City, where new products like Echo smart speakers, Fire TV devices, and Kindles are expected to be launched. This event could be the first showcasing hardware fully developed under Panos Panay.

Apple AirPods Pro 3 review.

On September 15, 2025, CNET published a review of the Apple AirPods Pro 3, noting improvements in fit, sound quality, noise cancellation, and battery life while maintaining the $249 price. The new features include a redesigned shape, upgraded noise cancellation, improved bass, built-in heart-rate monitoring, and better voice-calling, with battery life extended to 8 hours.

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