Meta Platforms settled a $17.1B Teen Safety Lawsuit
Meta Platforms settled a $17.1B consent judgment with 29 states over teen safety, a major landmark case signaling AI backlash is now political. Learn more.
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Lambda Inc. has raised $1B in JPMorgan Debt for Nvidia GPUs
Lambda Inc. has raised about $1 billion in private, short-dated debt arranged by JPMorgan Chase to buy Nvidia GPUs that Microsoft will lease. Learn more.
Marvell Technology shares fell 8% on Google AI deal timing
Marvell Technology shares fell 8% on August 28, 2026, despite record $2.74B Q2 revenue, as investors question the $120B Google AI payoff timing. Learn more.
Andreessen Horowitz has raised $1.1B for Machine Age Fund
Andreessen Horowitz has raised $1.1B for Machine Age, its first hardware-infrastructure fund, targeting AI processors, memory, and robotics. Learn more.
Judge Has Ruled the Pentagon’s Anthropic Label Illegal
A judge has ruled the Pentagon's supply-chain risk designation of Anthropic PBC illegal, finding First Amendment retaliation and vacating the order. Learn more.
Nvidia earnings status for Q2: 70% Growth Forecast
Nvidia earnings status for Q2 fiscal 2027: revenue $96.2B up 106%, Data Center $89B, 70% fiscal 2028 growth outlook, but margin risk remains. Learn more.
Nvidia Hugging Face Acquisition: $12.9B Deal Reported
Nvidia Hugging Face acquisition reported at $12.9B. The deal would give Nvidia a strong foothold in open-source AI and protect its GPU position. Learn more.
Instinct Series B Funding Raises $250M at $2.5B Valuation
Instinct Series B funding raised $250 million at $2.5B valuation. Index Ventures and Benchmark co-led. The AI assistant is in private beta. Learn more.
Deep Cogito Raises $43M for Self-Improving AI Post-Training
Deep Cogito raised $43M in Series A funding led by TQ Ventures to scale self-improving post-training AI models. Total funding exceeds $56M. Learn more.
Intel’s $15B Funding Rush for Agentic AI Chips and Edge
Intel's new Diamond Rapids, Crescent Island, Wildcat Lake chips target agentic AI across data centers, enterprise, and edge. Q2 revenue grew 25.4%. Learn more.