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Nvidia closes in on Hugging Face acquisition
NewsAugust 27, 20265 min read

Nvidia closes in on Hugging Face acquisition

Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported Wednesday night, citing a source familiar with the matter. Business Insider, which first reported over the weekend…

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Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation
NewsAugust 27, 20262 min read

Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the…

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Amazon just tripled its order of Nvidia chips over ‘surging demand’
NewsAugust 27, 20265 min read

Amazon just tripled its order of Nvidia chips over ‘surging demand’

Amazon and Nvidia just got a lot closer. The two companies announced Wednesday an expanded partnership that includes a deal to add another 2 million Nvidia GPU chips to Amazon’s…

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Meta’s $18B child-safety deal hinges on age verification tech that doesn’t work well
NewsAugust 26, 20266 min read

Meta’s $18B child-safety deal hinges on age verification tech that doesn’t work well

Meta reached an $18 billion settlement on Wednesday over a lawsuit brought by 29 U.S. states concerning children’s safety. The settlement is historic in scale as Meta agrees with a…

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Anthropic continues compute-gobbling streak in $45 billion deal with Nscale
NewsAugust 26, 20262 min read

Anthropic continues compute-gobbling streak in $45 billion deal with Nscale

Anthropic has signed a deal to rent about $45 billion in AI compute from Nscale, a British AI infrastructure company, a source familiar with the deal told TechCrunch. Nscale, founded…

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OpenAI releases its official report on the Hugging Face breach
NewsAugust 26, 20263 min read

OpenAI releases its official report on the Hugging Face breach

OpenAI released its official report Wednesday on the Hugging Face breach, offering the clearest picture yet of how an unusual chain of events allowed an AI model to escape its…

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How do we explain OpenAI’s executive exodus?
NewsAugust 26, 20264 min read

How do we explain OpenAI’s executive exodus?

OpenAI is the original frontier lab. Its latest publicly released model, GPT-5.6, is one of the most capable and efficient on the market. Its desktop app for agentic coding and…

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Google’s Gemini has a branding problem, and so does the rest of AI
NewsAugust 26, 20264 min read

Google’s Gemini has a branding problem, and so does the rest of AI

Google gets something right in its Wednesday announcement about new Gemini Live voice features when it says, “You shouldn’t have to guess whether a task requires Spark, a Daily Brief,…

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Medical device maker Boston Scientific says a cyberattack is causing a ‘global disruption’ to its operations
NewsAugust 26, 20262 min read

Medical device maker Boston Scientific says a cyberattack is causing a ‘global disruption’ to its operations

A cyberattack on U.S. medical device maker Boston Scientific is causing an ongoing “global disruption” to its operations, according to a federal regulatory filing on Wednesday, the latest healthtech giant…

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Flipboard acquires Graze, the feed builder working to monetize the open social web
NewsAugust 26, 20263 min read

Flipboard acquires Graze, the feed builder working to monetize the open social web

Flipboard, the news magazine software company that has more recently invested in the open social web — the umbrella term for social platforms that let users, not one company, control…

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