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Techmeme
August 24, 2026, 1:00 PM
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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 …
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 …
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. …
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 …
Wall Street Journal:
Sources detail how the Trump admin bypassed the DOJ trial team and pushed to settle the Live Nation case, 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.
Kate O'Keeffe / Bloomberg:
Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to acquire US clothing retailer Everlane, an unusual move  —  US authorities are conducting a national security review of Shein Global Holdings Ltd.'s purchase of American clothing retailer Everlane …
More: Axios
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
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 FTC is settling 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 …
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
Reuters:
Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating  —  China's Xpeng said on Monday its robotics business raised over $900 million in its first funding round, led by IDG and Gaorong Ventures …
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
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  —  One humid afternoon in the summer of 2025, representatives from Microsoft were waiting as some 200 teachers trooped into a conference hall in downtown Manhattan.
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
New York Times:
Ukrainian officials say an AI-guided, fully autonomous Russian drone picked its target in a Zaporizhzhia gas station strike in July, killing three Ukrainians
Tom Rees / Bloomberg:
UK's Office for National Statistics: UK digital infrastructure investment crossed £11B in 2025, hitting dot-com boom levels, amid an AI data center surge  —  Businesses pumped more than £11 billion ($15 billion) into Britain's digital infrastructure last year in the rush …

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This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, August 24, 2026.

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From Mediagazer

Winston Cho / The Hollywood Reporter:
Paramount, California AG Rob Bonta, and the WGA schedule a two-day meeting for settlement discussions about the WBD deal, starting October 14

Brian Steinberg / Variety:
Nielsen: 60 Minutes' season premiere drew 7.94M viewers, down 21% from 10.02M for last season's premiere; viewers between the ages of 25 and 54 fell 33%

Selome Hailu / Variety:
Nielsen: NBC's telecast of the Emmys drew 6.7M viewers on Monday night, down 9% from 2025's 7.4M on CBS, which was the awards show's best performance since 2021

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
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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