Techmeme
August 24, 2026, 6:00 PM

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 …
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 …
Reuters:
Taiwanese prosecutors indict nine people, including Nvidia and Super Micro employees, for allegedly helping illegally export 74 high-end AI servers to China  —  Taiwan prosecutors said on Monday they had indicted nine people, including employees of Nvidia (NVDA.O) and Super Micro (SMCI.O) …
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. …
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 …
Raphael Boyd / The Guardian:
The UK backs Ofcom to take “tough action” under the OSA against social media sites failing to remove dangerous driving videos, after a crash killed seven people  —  Downing Street condemns ‘utterly disgraceful’ clips and says sites are legally obliged to take them down
Michael Kan / PCMag:
Mercury Research: AMD's share of x86 client CPU shipments tops 30% for the first time, hitting 30.3% in Q2, up from 21.1% two years earlier, vs. Intel's 69.7%  —  For the first time, AMD's share of the x86 client CPU market, covering both mobile and desktop, has crossed 30% …
Dan Primack / Axios:
Source: robotics startup Generalist, which released its GEN-1 model to complete physical tasks in April, raised ~$200M led by 8VC, after raising $400M in June  —  Generalist has quietly raised around $200 million in new funding, just two months after the robotics AI startup raised $400 million.
More: RuntimeWire
Colin Campbell / Axios:
Canada-based logistics software company Descartes acquires Tai, a California-based transportation management system provider, for $100M in cash  —  Logistics software giant Descartes has acquired transportation management system provider Tai for $100 million in cash, the companies announced today.
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 …
Andrew E. Kramer / New York Times:
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 …
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
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.
Bloomberg:
Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B  —  Oura Health Oy, a maker of smart rings that track health, fitness and sleep, and some of its backers are seeking to raise …
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 …
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 …
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 …

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More News

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Earlier Picks

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Telegraph:
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