Monday, 24 August 2026
Nvidia in talks to back Perplexity at $30B+
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Nvidia is reportedly discussing an investment in Perplexity at a valuation above $30B, as the search-agent startup's revenue triples this year.
XPeng's robot unit raises $900M for IRON
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XPeng's humanoid robotics business raised over $900M at a $6.3B valuation, backed by Tencent and Alibaba, ahead of IRON's production run.
Nvidia Taiwan manager indicted in chip case
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Taiwan indicted nine people, including an Nvidia manager, over a scheme that routed 74 Nvidia-equipped AI servers to China through Indonesia and Japan.
MCP publishes its next roadmap
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The Model Context Protocol's maintainers laid out five priorities for the next spec release, including agent identity without API keys.
Nvidia's Groq inference chip hits production
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Nvidia's $20B Groq deal shipped its first hardware: the Groq 3 LPX inference rack is in full production and heading to Nebius this year.
Instinct assistant draws privacy backlash
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Early testers of stealth startup Instinct's AI assistant found it kept emails after disconnection and could be phished, and its terms claim broad data rights.
Mystery model Ox Alpha traced to Z.ai
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The anonymous Ox Alpha model topping OpenRouter's charts is the newest Z.ai GLM model, Bloomberg reports, with open weights following the same day.
General Intuition raises at $6B for robots
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General Intuition's valuation jumped 2.6x in two months to $6B as the video-game-trained agent startup pushes its models into robotics.
Nvidia signs deal to buy Hugging Face
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Nvidia's $12.9B agreement to acquire Hugging Face is now definitive, with a close expected in early 2027 pending regulatory approval.