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Nvidia closes in on Hugging Face acquisition

2026-08-27 14:32:51

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

Viral AI startup Instinct has raised $350M at a $2.5B valuation

2026-08-27 08:24:57

The startup is only a year old but it has already generated a massive amount of hype (and money) while also spurring privacy concerns.

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

2026-08-27 07:47:18

Amazon is adding another 2 million Nvidia GPU chips to its data centers over the next two years. But this extended partnerships stretches beyond buying more chips.

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

2026-08-27 06:47:58

The historic settlement reignites ongoing concern around how age-verification technology puts privacy at risk.

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

2026-08-27 05:37:39

The new deal with the infrastructure provider is the latest example of Anthropic's white-hot compute-gobbling streak.

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

2026-08-27 03:37:34

Consumer AI apps need to stop making users learn their product architecture.