Nebius’s $10B Test of Useful Inference
Nebius reported $575M in Q2 2026 cloud revenue while planning a $10B, 310MW Finnish campus—more than 17 times that quarter’s total revenue. Microsoft committed up to $19.4B through 2031, but the reported figures do not show whether Nebius has a cost, utilization or throughput advantage.
Google releases Gemini 3.8 Flash, three weeks after Gemini 3.7 Flash, for an introductory price of $0.75/1M input and $3.75/1M output tokens until December 31
After the last model release three weeks ago, Google today is rolling out Gemini 3.8 Flash. This marks the third Flash update in three months.
Meta rolls out Muse Spark 1.3 in Muse Code and Meta Model API, saying it improves performance across agentic and coding tasks, at the same pricing as Spark 1.2
Meta on Wednesday released Muse Spark 1.3, an update it says significantly improves performance in coding and agentic tasks.
OpenAI launches GPT-6 Astra, initially for customers in its Daybreak program; Greg Brockman says it is a “generational leap” and “we are now in the AGI era”
OpenAI's next big model is here: GPT-6 Astra. The company calls it a “generational leap in capability” …
A US federal judge rules that Google does not have to sell off its ad exchange and instead must make its ad tech tools work with those operated by rivals
Alphabet Inc.'s Google doesn't have to sell off its advertising exchange and instead must make its ad tech tools work with those operated by rivals …
The Trump administration files a brief supporting OpenAI in its dispute with The New York Times, saying training LLMs on copyrighted works is generally fair use
The Trump administration has filed a brief supporting OpenAI in its dispute with the New York Times (NYT.N) …
Memo: Uber is cutting ~3,300 jobs, or 10% of its staff globally, to reduce management layers and reallocate spending into ridesharing, delivery, and robotaxis
Uber Technologies Inc. is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed …
The LA Unified School District bars ~378,000 students from using AI tools on district-provided laptops and tablets as officials review AI's role in classrooms
The district has blocked generative AI tools on student devices as officials review the role of AI in classrooms
Nvidia agrees to acquire Hugging Face for $12.9B, its second-biggest acquisition yet, after it paid $20B to buy assets from chipmaker Groq in December 2025
Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack.
Microsoft plans to start disclosing Azure quarterly revenue as part of a shift in its reporting structure, under which Azure revenue grew 42% to $29.42B in Q4
Microsoft will start disclosing quarterly revenue for its Azure cloud business for the first time, providing investors …
Microsoft will open Xbox Cloud Gaming to non-Game Pass users via a pay-as-you-go model; Ultimate subs will be limited to 15 hours per month of cloud gaming
Microsoft is trying once again to tempt people without an Xbox into its ecosystem. … Microsoft says it will let anyone access Xbox Cloud Gaming …
Claude, ChatGPT, and Grok are now operational after widespread outages on Thursday
A widespread outage has taken out popular AI platforms including ChatGPT, Claude, and Grok. — With a spike in reports on DownDetector …
Snowflake reports Q2 revenue up 35% YoY to $1.55B, vs. $1.48B est., a $191.7M net loss, and forecasts Q3 and FY 2027 product revenue above est.; SNOW jumps 20%+
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth
Uber launches London's first commercial robotaxi service; the vehicles use UK-based Wayve's autonomous driving tech and will initially have human safety drivers
The cars have no lidar and no geofence, but still will have human safety drivers for the initial launch.
Broadcom reports Q3 revenue up 86% YoY to $29.59B, vs. $29.36B est., AI chip revenue up 221% YoY to $16.7B, vs. $15.2B est., and forecasts Q4 revenue below est.
Broadcom shares edged up in extended trading on Wednesday after the chipmaker issued a rosy forecast for the next fiscal year and hinted …
US Commerce Secretary Howard Lutnick says “we trust Anthropic” as they are “back on the right side” with the White House and that “they've done what we asked”
- “They've done what we asked. … - “Really excited for our conversation …
Wonderful, which helps enterprises deploy AI, raised a $550M Series C led by Insight at a $5B valuation; investors also paid $170M to buy shares from employees
Founded just last year, the startup already has 650 employees and is expanding its forward-deployed engineering teams around the world
HPE reports Q3 revenue up 34% YoY to $12.2B, says supply constraints continue to affect its ability to meet demand, and signs a $3.5B server deal; HPE falls 5%+
Hewlett Packard Enterprise Co. declined in late trading after the company reported increasing sales that didn't meet high expectations …
All G20 nations unanimously endorse the non-binding Carolina Principles, a US-proposed framework calling for a lighter touch to governing emerging tech like AI
Representatives from the world's largest economies unanimously agreed to adopt guidelines proposed by the US that call …
Nvidia launches Personal AI Router (PAIR), a free tool that distributes local AI inference workloads across compatible computers on a network, in beta
PAIR is designed to get your desktop and laptop working together on local AI tasks when not in use.
How organized opposition that toppled a $100B data center project in Virginia's Prince William County became a blueprint for data center backlash in the US
Organized opposition toppled a $100 billion project from developers backed by two of the world's biggest private equity companies.
DOD's Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration
US Commerce Secretary Howard Lutnick said Anthropic PBC has resolved its long-running issues with the Trump administration but a top Pentagon official begs to differ.
Sources: Thoma Bravo-backed Proofpoint is in talks to acquire cybersecurity company Varonis; Varonis rose 10.4% on Wednesday, giving it a market value of ~$5.4B
Thoma Bravo-backed Proofpoint Inc. is in talks to acquire cybersecurity company Varonis Systems Inc., according to people familiar with the matter.
Adobe launches Adobe for Slack, making 70+ creative and productivity tools, including Firefly, Express, Photoshop, and Premiere, available via Slackbot prompts
Customers can now use Adobe's apps like Firefly, Adobe Express, Photoshop, Premiere, Acrobat, InDesign, Illustrator, Stock …
NYC's Department of Education adopts a policy barring public school students from using AI until high school, banning companion chatbots in all grades, and more
When I woke up this morning, the last thing I wanted to do was cheat on my laptop.Anna Merod /K-12 Dive:New York City pauses AI use for elementary, middle school studentsAnthony Izaguirre /Associated ...
The FBI is probing Nexus, an ID theft service that claimed to sell scans of 153M+ driver's licenses from people in the US and Canada, now gone from the dark web
Anker unveils the Eufy MindBase, a local AI hub for its cameras that runs an on-device, Anker-developed LLM, with a dedicated AI chip and up to 48TB of storage
The company also announced a new Eufy video doorbell with VR features and a window camera.
Sources: Palo Alto Networks paid $500M in cash and stock to acquire agentic IT support startup Console; PitchBook: Console had a $157M valuation before the sale
Palo Alto Networks paid $500 million in cash and stock to acquire Console, a two-year-old startup that uses AI agents to automate routine …
Oura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier
Health and fitness ring-maker Oura Inc. filed for an initial public offering, showing soaring revenue as well as increasing losses.
A look at Loudoun County, Virginia, dubbed “Data Center Alley”, which is home to ~250 data centers and offers a glimpse into data centers' impact on communities
Massive AI infrastructure is being built out across the US. But if you want to know what the data center occupation looks like …
A survey of 21,000 internet-using children aged 12 to 17 across 21 countries finds almost one in five experienced tech-facilitated sexual exploitation and abuse
More than half of abuse occurred on mainstream social media platforms; less than 1 per cent of all experiences were reported to authorities, new report finds
Microsoft AI debuts MAI-Transcribe-2, a speech recognition model that it says beats Gemini 3.5 Transcribe and GPT-Transcribe, at $0.10/audio hour through 2026
Then it priced the thing at 10 cents per hour of audio. — That figure deserves a pause. … Thursday's early-bird price cuts that by roughly 72%.
GPT-6 Astra scores 62.7% on ARC-AGI-3 with the standard harness and 99.9% with a new provider adapter harness; Claude Opus 5 scored 30.2%, and GPT-5.6 Sol 7.8%
Summary — GPT-6 Astra scores 62.7% for $26K on ARC-AGI-3 Semi-Private with our Standard harness, and 99.9% for $19K with a Provider Adapter harness.
HTC rolls out its $499 Vive Eagle smart glasses, which let users choose between Gemini or ChatGPT as their assistant, in North America, Europe, and Australia
HTC Corp. is rolling out its Vive Eagle smart glasses in the US, entering a market where category leader Meta Platforms Inc …
Humain launches humain-m3, an Arabic-language model developed with MiniMax, amid controversy among US allies over sovereign AI built with Chinese models
Saudi Arabia's artificial intelligence company Humain has built a national AI platform based on an open model from Chinese lab MiniMax Group Inc. …
Google launches Gemini 3.8 Flash Cyber for partners in its new Fairwind Program and says Gemini 3.8 Flash beats Claude Opus 5 and GPT-5.6 Sol on some benchmarks
Our newest Gemini models deliver next-generation intelligence for agentic workflows and cybersecurity.
Nvidia says the RTX Spark N1X launches in October in two configurations: a 20-core CPU with a 6,144-core Blackwell GPU and an 18-core CPU with a 5,120-core GPU
Nvidia is finally getting more specific about the launch of the RTX Spark. The chip, which it is now officially calling the …
Source: OpenAI's Astra model uses “recurrent depth”, a technique that improves cost and performance but obscures the AI's reasoning, making it harder to monitor
Modern venture capital has transformed into an unchecked oligarchy, or “Cancer Capital”, where mega-firms managing $50B+ live off fees and shift risk elsewhere
We really, really need to talk about venture capital. Because it's not “venture capital” anymore.
Upwind, which filters false security alerts in cloud apps so companies can focus on actual risks, raised ~$300M at a ~$3.8B valuation, up from ~$1.5B in January
The Israeli cloud security company was valued at $1.5 billion when it raised $250 million in January, and has since attracted fresh backing …
Sources: Meta adjusts employee review language around “AI-driven impact” and token usage, easing off on tokenmaxxing, while promoting the use of AI agent Hatch
The company is reducing pressure on workers to use artificial intelligence tools while encouraging them to experiment with Hatch …
Uber is shutting down services in Nigeria and Uganda from September 2 after a global review of its operations; it launched in Nigeria in 2014 and Uganda in 2016
Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing in 2026, behind SoftBank's $40B bridge loan signed in March
ByteDance Ltd., the developer of TikTok, has secured a $29.6 billion loan, according to people familiar with the matter …
India-based smart ring maker Ultrahuman raised $70M, including $5M in debt, a source says at a $365M valuation, and is working with Qualcomm on a new ring
Ultrahuman, an Indian startup best known for making smart rings, has raised $70 million in a new funding round that includes backing …
Thyme Care, which focuses on filling cancer treatment gaps via a virtual navigation platform, raised a $125M Series E at a $2B+ valuation, up from $1B+ in 2025
Munich-based Atira, which aims to use AI to automate the parsing and generation of complex bid proposals, raised a $15M seed led by Accel and a $2.5M pre-seed
When a company that builds fire trucks, rail-maintenance machinery, or electric vehicle chargers is invited to bid on a big contract …
The Trump administration imposes tariffs of up to 100% on foreign drones, including 100% on models over 55lbs or with thermal imaging, in a bid to thwart China
In addition, the F.C.C. is weighing stiff restrictions on common drone technology such as thermal imaging and aerosol spraying.
Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair
Adobe on Thursday named Anil Chakravarthy as its next CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year.
A White House official says Zuckerberg opposed a US AI regulator in a call with Trump last month; another source says he didn't ask Trump to change his stance
Meta CEO Mark Zuckerberg expressed concerns about plans for a national AI regulator in a previously unreported phone call …
South Korean semiconductor exports surged 209% YoY to a record $46.65B in August, accounting for 47.5% of the country's $98.25B in goods exports, per officials
South Korea's semiconductor exports have been an absolute boon for Asia's fourth-largest economy, sending overall numbers to a record.
Letter: OpenAI told two House Democrats that its engineers are developing “automated shutdown capabilities” for AI systems
X says US payouts for its Original Content Rewards and Subscriptions will now be handled through X Money
Sources: Cursor was a top-five OpenAI customer at the start of 2026; OpenAI estimated in spring that Cursor would bring in $1B+ in annualized revenue for OpenAI
OpenAI recently estimated its Cursor partnership would make more than $1 billion in revenue a year, WIRED has learned.
PitchBook: 95+ investors put money into both Anthropic and OpenAI amid shifting norms; sources: Menlo, Lightspeed, and Iconiq each hold 1%-2% Anthropic stakes
As the artificial intelligence companies Anthropic and OpenAI prepare to go public, the question around Silicon Valley is which investors will win big.
PlusAI, which is operating autonomous freight routes in Texas with trucking company Ryder, plans to go public in a SPAC deal at an ~$800M pre-money equity value
PlusAI has agreed to go public through a merger with blank-check firm Texas Ventures Acquisition III Corp (TVA.O) …
Equinix, whose stock is up 33% YTD, pushing its market cap to $100B, inks a deal with Nvidia to let customers run their AI models on the Together AI platform
Long before the era of the hyperscalers and neoclouds, and decades ahead of the AI data center boom, there was Equinix.
OpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world
- The $1 billion will come in the form of expanded subsidized access to models, training, technical support and partnerships for participating organizations.
Beijing-based Moonshot files confidentially for a Hong Kong IPO; a source says the startup is in talks to raise a pre-IPO funding round at a $50B valuation
Moonshot AI, whose Kimi K3 open-source model has become a global hit, has filed confidentially an application for a Hong Kong initial public offering …
OpenAI is facing new lawsuits from witnesses and victims of the February mass shooting in a Canadian town; the suspect talked gun violence with ChatGPT for days
Tel Aviv-based Guardio, which offers a subscription-based consumer security service that protects digital accounts like emails, raised $40M at a $1.1B valuation
Israeli cybersecurity startup Guardio raised funds from investors including Assaf Rappaport, the founder of cloud security firm Wiz …
Taiwan investigated 166 cases in six years involving companies allegedly hiding China ties while pursuing chip talent and tech, alongside 67 trade-secret probes
Previously unpublished government data reveals the scale of Taiwan's crackdown on Chinese companies accused of hiding their ties …
Sources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform
Crusoe, a data center upstart with contracts to supply AI computing power to the likes of Meta Platforms Inc. and Oracle Corp. …
Mark Zuckerberg says Meta's Watermelon model and Muse Spark open weights are “coming soon”
Muse Spark 1.3 is rolling out today with frontier performance almost too cheap to meter. This is the biggest jump we've made so far on coding and agentic work. Try it in Muse Code and our API. Next up...
Several international law firms are seeking to build bespoke AI tools to gain an edge and protect their IP, while using off-the-shelf AI for everyday tasks
Desire for differentiation drives push to build in-house platforms — After a few short years of learning, experimenting and planning …
MrBeast, whose YouTube channel hit 500M subscribers in June, will put Gemini, Google Health, and the Fitbit Air in his videos as part of a multiyear Google deal
Muse Spark 1.3 with max reasoning, in limited preview for partners, scores 62 on the Artificial Analysis Intelligence Index, behind only Fable 5.1 and Opus 5
@artificialanlys:
Sources: Riyadh-based AI startup Humain is planning to raise an initial $2.5B fund to help finance data center capacity of 250 MW in Saudi Arabia
Artificial intelligence firm Humain is planning to raise an initial $2.5 billion from global and domestic investors for a fund to invest in data centers …
The US Army awards $192M in contracts to Palantir and Anduril to produce eight TITAN AI-powered mobile ground stations, to be delivered over the next 18 months
Huskeys, which uses agentic AI to help companies block AI-driven attacks, raised a $27M Series A led by Blackstone Innovations Investments at a $100M+ valuation
OpenAI says Astra was built on its largest-ever training run, using more than 100,000 GPUs at its Stargate site in Texas
OpenAI on Thursday released GPT-6 Astra, which president Greg Brockman called a “generational leap” and said could eventually be seen as the arrival of artificial general intelligence, or AGI.
How some parents, mostly mothers, use AI to organize their families' schedules and automate mundane household tasks via apps like Ollie, Cozi Max, Town, and Ava
Parents are using AI to organise their families, from managing busy schedules to researching preschools, planning meals and grocery shopping.
Sources: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year
Thinking Machines Lab, the AI developer led by ex-OpenAI chief technology officer Mira Murati, is in talks to raise at least $1 billion …
OpenAI launches a ChatGPT Health integration with Epic's EHR system and a Healthcare Public Data plug-in that can fetch info from sources like RxNorm and PubMed
Sources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures
PayPal has paused plans to sell its venture capital portfolio for around $900 million to $1 billion, Axios Pro has learned from multiple sources.
Survey: 53% of US adults say they spend too much time on their smartphone and 36% say about the right amount; 70% of ages 18 to 29 report spending too much time
Microsoft shifts from three reporting segments to two: Agents and Infra, which has Microsoft 365 and Azure, and Devices and Consumer, which has Windows and Xbox
Microsoft is changing its reporting structure from three segments to two—Agents and Infra, and Devices and Consumer
TrendForce: for a 256GB iPhone Pro model, Q3 memory costs are forecast to be up nearly 400% YoY; Apple is not expected to pass on the full increase to customers
OpenAI calls GPT-6 Astra the “world's best computer use model”; in tests, it booked DMV appointments and searched job listings faster than the average person
And I bet they would never share the likely multiple prompts they used in order for these things to happen. [embedded post]Forums:r/ChatGPT:GPT-6 Astra Is Here—and OpenAI Thinks It May Kick Off the A...
Austin-based HiddenLayer, which makes security tools to protect AI models, agents, and workflows, raised a $100M Series B led by Delta-v Capital
OpenAI prices GPT-6 Astra at $10/1M input tokens and $50/1M output tokens, matching Anthropic's pricing for Claude Fable 5.1
The Deep View:
Robotics startup Lyte, founded by former Apple Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M
Conveo, which uses AI to conduct customer interviews in 15 languages and analyzes transcripts for market insights, raised a $50M Series A led by DST Global
Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the startup announced a $750M round at a $7.5B valuation
Valencia-based iPronics raised $125M co-led by Maverick Silicon and Light Street Capital, with participation from Nvidia, to develop an optical circuit switch
New Jersey-based Aitan, which offers “robotic sovereignty as a service” and “edge AI weapon systems”, emerges from stealth with $41M led by Deep33 and Dell
Dell unveils the student-focused Dell 14S, with Intel Wildcat Lake chips and starting with 8GB of RAM and 256GB of storage, in a bid to rival the MacBook Neo
At the G20 summit, Jensen Huang, Mark Zuckerberg, Sam Altman, and Elon Musk joined Trump officials in lobbying policymakers against heavy AI regulations
Amrith Ramkumar /Wall Street Journal:
US federal courts have consistently shown a wariness in demanding Big Tech make major business changes despite finding antitrust violations, as tech races ahead
and they keep dodgingMartin Peers /The Information:Google's (Small) Antitrust Victory and Microsoft's Azure Shift
Sources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating
Bloomberg:NEW
Uber is aligning with drivers' unions in a bid to slow the rollout of robotaxis across the US, as it faces a technological disruption to its core business
Rafe Rosner-Uddin /Financial Times: