Tech Roundup: Mar 7 (5 stories)
Saturday, 7 Mar 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Sat 7th March 2026
French quantum computing firm Pasqal is set to go public via a $2 billion SPAC deal, marking a significant milestone for the European tech landscape and emphasizing its commitment to remaining based in France. Meanwhile, Samsung's Galaxy S26 Ultra is gaining attention for its privacy-centric features, positioning it as a strong competitor in the smartphone market without a complete redesign. In a setback for the AI sector, OpenAI and Oracle have halted plans to expand their Texas data center due to financing issues, highlighting the challenges in scaling AI infrastructure. Additionally, City Detect has raised $13 million to enhance urban safety and cleanliness through AI, expanding its reach to 17 cities.
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Quantum scale-up Pasqal plans $2B SPAC listing, promises to ‘remain French’
TechCrunch 6 Mar 2026, 1:44pmA SPAC deal that is set to take French quantum company Pasqal public on the Nasdaq values the company at $2 billion pre-money.
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Samsung’s Galaxy S26 Ultra Is a Privacy-First Powerhouse
Bloomberg Technology 6 Mar 2026, 3:34pmYou don’t have to completely redesign a smartphone to make the latest version a solid upgrade over its predecessor. While Apple Inc. went with a bold new look for its Pro models last year and has enjoyed strong demand ever since, Samsung Electronics Co. refrained from a similar visual shakeup for its Galaxy S26 Ultra.
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OpenAI, Oracle Won't Expand Flagship AI Data Center in Texas
Bloomberg Technology 6 Mar 2026, 8:46pmOracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. Ed Ludlow helped break the story and explains. (Source: Bloomberg)
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Data Centers Are ‘Inevitable’ Target in Conflict
Bloomberg Technology 6 Mar 2026, 6:39pmThe conflict in Iran is underscoring the risks of building data centers in the Gulf region, says Sam Winter-Levy, a fellow in the Technology and International Affairs Program at the Carnegie Endowment for International Peace. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
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City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A
TechCrunch 6 Mar 2026, 2:00pmCity Detect, a company that helps local governments prevent urban decay, is in at least 17 cities so far, including Dallas and Miami.