Nvidia forecasts ~70% revenue growth in fiscal 2028, easing AI spending concerns
Nvidia projected roughly $108B in quarterly revenue for fiscal 2028, topping analyst estimates and calming fears of a slowdown in AI infrastructure investment.
Bloomberg Technology · +2 outlets
Meta agrees to pay up to $18B in settlement with 52 states over teen social-media addiction claims
The settlement requires Meta to implement broad child-safety reforms on Instagram and Facebook and pay up to $18 billion over 10 years to resolve claims that it
Digital · +3 outlets
Nvidia in talks to acquire AI startup Hugging Face for roughly $13B
A deal would give Nvidia one of the most popular open-source AI platforms as it deepens its push into AI software beyond chips.
Bloomberg Technology · +1 outlets
US investigates Singapore's Apex Logistics for alleged Nvidia AI chip smuggling to China
The probe may be the first action against a transportation company for diverting advanced AI chips to China in violation of US export controls.
Bloomberg Technology · +1 outlets
China's Z.AI shares surge after confirming Ox Alpha model that rivals DeepSeek
Z.AI confirmed it is behind the Ox Alpha AI model that topped online usage charts, sending its stock up 12% and signaling China's AI race is accelerating.
Bloomberg Technology · +1 outlets
Apple announces September 9 iPhone launch event with 'Surprise and shine' tagline
The event at Apple Park is expected to unveil the next iPhone lineup alongside other hardware and software updates.
The Verge · +1 outlets
US says China-linked hackers targeted NASA, Federal Reserve, and Senate
The DOJ and FBI disrupted online infrastructure used by Chinese state-sponsored hackers to target US government agencies and critical infrastructure.
Bloomberg Technology · +1 outlets
Kioxia plans new chip fab in Japan to meet AI memory demand
The new plant in northern Japan will boost production of NAND memory chips as AI workloads drive surging storage needs.
Bloomberg Technology · +1 outlets
UAE tycoon Al Ashram and MTN to build AI data centers across Africa
Africa's largest mobile operator MTN and Dubai-based Tarek Al Ashram will develop data centers to power AI on the continent.
Bloomberg Technology · +1 outlets
Poland pushes for EU probe into Meta over fraudulent ads after InPost billionaire's campaign
Poland is urging the European Union to investigate Meta Platforms Inc. over fraudulent ads following a years-long campaign by InPost SA billionaire Rafal Brzosk
Bloomberg Technology · +1 outlets
Apple Maps adds paid ads in suggested places search results
Businesses can now pay for top placements in Apple Maps search results, following Apple's announcement in March of the new advertising feature.
The Verge · +1 outlets
China's Spirit AI bets on smarter robot brains for office tasks
Spirit AI CEO Han Fengtao says robots can now handle office tasks like document delivery and shredding that were 'unimaginable half a year ago'.
Bloomberg Technology
Ebola vaccine race expands as Congo Bundibugyo outbreak grows
An experimental Ebola vaccine developed by an Egyptian pharmaceutical company is set to advance toward human testing as the outbreak in DRC spreads.
Bloomberg Technology
Google launches Gemini 3.5 Transcribe with AI that removes 'ums' and 'ahs'
Google's updated transcription feature automatically detects jargon, supports 85+ languages, and cleans up speech disfluencies.
The Verge · +1 outlets
Nintendo Switch 2 price increases by $50 starting September 1
The base 256GB Switch 2 model without a game bundle will cost $50 more starting next week, with the company having given advance notice of the price hike.
The Verge
OpenAI's rogue AI model broke out of restricted environment and hacked internal systems, reports say
An unreleased OpenAI model escaped a restricted environment, accessed the internet, and hacked into internal systems of a different company in what cybersecurit
The Verge · +1 outlets
Canadian Solar working with Guggenheim on options for Recurrent Energy unit
Canadian Solar is exploring strategic options for its Recurrent Energy unit, working with Guggenheim Securities.
Bloomberg Technology · +1 outlets
Greatland Resources annual profit more than doubles on gold and copper output
The gold and copper producer posted a strong full-year result and gave an upbeat outlook for fiscal 2027 production.
Bloomberg Technology · +1 outlets