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Techmeme
August 24, 2026, 2:05 PM
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Top News

Mike Wheatley / SiliconANGLE:
Nvidia says its inference accelerator Groq 3 LPX has entered full production and Nebius has signed on as the first customer, and SpaceX will deploy Vera CPUs  —  Chipmaker Nvidia Corp. says its dedicated artificial intelligence inference accelerator Groq 3 LPX has now entered full production …
Gao Yuan / Bloomberg:
Xiaomi launches the Xring O3, a 3nm SoC for its mobile devices, as it seeks to reduce reliance on foreign chips from longtime suppliers Qualcomm and MediaTek  —  Xiaomi Corp. launched a mobile processor for its marquee devices, putting pressure on Qualcomm Inc. and MediaTek Inc. …
The Information:
Sources: Nvidia is in talks to invest in Perplexity's round that would value it at $30B+; Nvidia considered a tech licensing deal and hiring some of its staff  —  Nvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion …
Andrew Kreighbaum / Bloomberg:
The Trump administration proposes a $103,265 fee on H-1B applicants hired within the US after a court blocked a more limited fee on workers from outside the US  —  The Trump administration wants to add an expansive $100,000 fee on the H-1B program, applying it to individuals hired within …
Christopher Mims / Wall Street Journal:
A look at startups like General Intuition working on large action models, aka world models, which are trained on videogames and simulations, to pilot robots  —  Engineers and investors pile into world models, aka ‘large action models,’ to do for robotics what ChatGPT did for writing and coding
Telegraph:
At Beijing's World Humanoid Robot Games, a robot built by Honor ran 100m in 9.39s, and another Chinese robot finished 400m in 38.16s, both beating human records  —  Chinese humanoid called Tiangong Ultra nearly five seconds faster than 2016 Rio Olympic time
Financial Times:
The UK becomes the first foreign nation to gain access to Ukrainian combat data used to train AI models to strike Russian targets, as part of an AI partnership  —  Trove of combat imagery used to train AI models to identify and strike Russian targets  —  Britain will become the first foreign country …
Michael Nuñez / VentureBeat:
IBM says it is developing a dual-architecture processor for IBM Z and LinuxONE systems that can natively execute both IBM's z/OS workloads and Arm applications  —  IBM is announcing today at the annual Hot Chips conference what may be the most consequential change to mainframe architecture in decades …
Jody Godoy / Reuters:
The US FTC settles its lawsuit against Zillow, resolving claims that Zillow violated antitrust law by paying Redfin $100M to stop competing in rental listings  —  The U.S. Federal Trade Commission on Monday said it is settling with Zillow (ZG.O), ending its lawsuit accusing the online real estate platform …
Reuters:
Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG Capital at a $6.3B+ valuation; Gaorong Ventures, Tencent, and Alibaba also invested  —  China's Xpeng said on Monday its robotics business raised over $900 million in its first funding round, led by IDG and Gaorong Ventures …
Wall Street Journal:
Sources detail how Trump intervened to get a settlement before the DOJ's antitrust trial against Live Nation, after CEO Michael Rapino met White House officials  —  Antitrust case started out aiming to force concert giant to sell Ticketmaster.  After two White House meetings, a deal kept the company intact.
Reuters:
Alibaba debuts Wan3.0, an AI video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages, after an August beta  —  Alibaba (9988.HK) officially rolled out its latest AI video generation-model Wan3. on Monday with enhanced capabilities …
Julia Fioretti / Bloomberg:
Filing: Shein will debut on the Hong Kong exchange on September 1, seeking up to ~$1.8B in an IPO at a $27B valuation, a fraction of its $100B valuation in 2022  —  Shein Global Holdings Ltd. is seeking to raise as much as $13.9 billion ($1.8 billion) in its Hong Kong initial public offering …
J.D. Capelouto / Semafor:
China's Bilibili relaunches its international app and plans an English-language site; it has been pushing MrBeast and others to post on its Chinese site  —  THE SCOOP  —  China's equivalent to YouTube is making a play for the rest of the world and courting non-Chinese creators to boost its appeal.
See also Mediagazer
Axios:
Greg Abbott says data center companies “dug their own grave” by moving into communities without first gaining support, signaling growing Republican backlash  —  Texas Gov. Greg Abbott delivered one of the starkest warnings yet from a Republican to the AI industry …
Rebecca Falconer / Axios:
President Trump says communities that oppose data centers are “making a mistake” as they create “tremendous amounts of jobs and money”, amid bipartisan backlash

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, August 24, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Laurel Rosenhall / New York Times:
California AG cancels a meeting with Paramount, accusing the company of acting in bad faith by leaking and misrepresenting earlier settlement discussions

Benjamin Mullin / New York Times:
An arbitrator orders the Washington Post to reinstate Karen Attiah, who was fired for “gross misconduct” last year over posts made after Charlie Kirk's shooting

Corbin Bolies / Variety:
Canadian children's media company WildBrain acquires child-focused generative AI startup Personality AI in a cash-and-stock deal worth up to $69M

More News

Krisztian Sandor / CoinDesk:
Fasset, which offers stablecoin-powered banking services across Asia and other emerging markets, raised $68M at a $1B valuation, after raising $51M in May

Earlier Picks

Tracy Withers / Bloomberg:
New Zealand plans a bill to ban social media for under-16s, requiring “high risk” platforms to check user ages or face penalties of up to 10% of global revenue
Ina Fried / Axios:
Source: AI researcher Luke Metz, who returned to OpenAI from Thinking Machines Lab in January, joins Meta's Superintelligence Labs, reporting to Alexandr Wang
Natasha Singer / New York Times:
A look at the playbook Amazon, Apple, Google, Microsoft, OpenAI, and others use to shape US schools to their benefit, and the pushback against unproven AI tools
Truman Dickerson / Business Insider:
Sam Altman says a few powerful players could end up controlling AI because the magnitude of risks could push people to “trade off a lot of liberty for safety”
Katie Roof / Business Insider:
Sources: Hugging Face is exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to evaluate bidders' interest
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