Techmeme
August 26, 2026, 11:30 PM

Top News

Nvidia Newsroom:
Nvidia reports Q2 revenue up 106% YoY to $96.22B, above $92.17B est., Data Center revenue up 117% to $89B, above $85.08B est., and net income up 126% to $59.7B  —  - Revenue of $96.2 billion, up 106% from a year ago  — Data Center revenue of $89.0 billion, up 117% from a year ago
Deborah Mary Sophia / Reuters:
Reuters:
Meta agrees to pay up to $18B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers, and more  —  Meta Platforms (META.O) will pay up to $18 billion and strictly limit how teenagers use Facebook and Instagram under a sweeping agreement …
Meta Newsroom:
Meta's deal with 52 AGs includes daily time limits for teens and algorithmic feed controls; ~$5.3B of it rests on YouTube and TikTok implementing the measures  —  Our Agreement With US State Attorneys General  —  Today, we are announcing an agreement with a bipartisan group …
Meghan Bobrowsky / Wall Street Journal:
OpenAI:
OpenAI publishes a technical report on the Hugging Face incident, detailing the agents' activity, safeguard failures, and measures to prevent recurrence  —  Read the technical report Read METR report(opens in a new window)Watch Black Hat talk(opens in a new window)  —  Loading...
METR:
METR and Redwood detail how ~1,200 OpenAI agents coordinated cheating on an unsanctioned board, sending 70K+ messages and files, and ~700 attacked Hugging Face  —  Redaction summary statement: Except where explicitly noted in this post, OpenAI redacted no additional information that was important to our conclusions.
Z.ai:
Z.ai releases GLM-5.3-Flash, the first natively multimodal GLM-5 series model, with 320B parameters, saying it outperforms GLM-5.2 at “one-tenth the price”  —  We introduce GLM-5.3-Flash, the first natively multimodal model in the GLM-5 series.  With 320B total parameters …
Luz Ding / Bloomberg:
The Information:
Source: Nvidia has agreed to buy Hugging Face for $12.9B; the AI repository has had several potential suitors among its investors, including Salesforce  —  Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion …
Kate Clark / Wall Street Journal:
AI assistant Instinct is raising a $250M Series B co-led by Index Ventures and Benchmark at a $2.5B valuation, bringing its total raised to $350M  —  Buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raise privacy concerns
Brody Ford / Bloomberg:
Sources: Anthropic has agreed to pay Nscale $45B over six years to rent about 460MW of power at a West Virginia data center using Nvidia's Vera Rubin chips  —  Anthropic PBC has agreed to spend $45 billion to rent AI cloud computing power from Nscale's flagship data center development in West Virginia …
Abner Li / 9to5Google:
Google debuts Gemini 3.5 Transcribe, a speech-to-text model that powers Gboard Rambler and is coming to Chrome, in public preview for developers and enterprises  —  This model is “designed to capture your natural speaking style to better understand your intent and recognize custom vocabulary.”
Reuters:
The US DOJ says it disrupted a Chinese hacking operation responsible for break-ins at the DOJ, NASA, the Fed, Senate, and others, seizing two platforms' domains  —  The United States said Wednesday that it had disrupted a Chinese hacking operation responsible for break-ins at the U.S. Justice Department …
Zac Hall / 9to5Mac:
Apple announces a “Surprise and shine” event on September 9 at 10am PT at Apple Park, where its first foldable iPhone, iPhone 18 Pro, and more are expected  —  Apple has officially announced its next product event, where it will unveil the iPhone 18 Pro lineup and its first foldable iPhone.
Tom Warren / The Verge:
Xbox announces a disc-to-digital feature that will allow users to digitize their existing physical games, rolling out for Xbox Insider testers on August 31  —  Xbox Insiders will get access to this new feature on August 31st. … Microsoft is officially announcing a new Xbox feature …
Alex Heath / Time:
Interviews with OpenAI leaders, employees, and others on the company's reboot; Sam Altman says OpenAI would have a system he would call AGI by the end of 2026  —  Alex Heath … They hoisted signs to “stop the AI race” and scrawled chalk messages on the sidewalk.
Todd Bishop / GeekWire:
Amazon agrees to acquire DuckLabs, the Amsterdam company behind open-source database DuckDB, for an undisclosed sum; DuckDB will remain open source  —  Amazon has agreed to acquire DuckLabs, the company behind DuckDB, the fast-growing open-source database that has become a favorite …
Katie Paul / Reuters:
Investigation: Meta explored slashing many teams by ~60% to become “AI native”, but pulled back after staff revolted and data showed AI agents were ineffective  —  To make its workforce “AI native,” Meta explored slashing the size of many teams across the company by as much as 60% in two waves, internal documents show.
Ben Bergman / Business Insider:
Product management startup Linear topped $100M in annual recurring revenue and held a $99M employee tender offer at a $2.5B valuation, up from $1.25B in 2025  —  Artificial intelligence was supposed to kill software-as-a-service.  Linear didn't get the memo.
Andrew Solender / Axios:
Sen. Josh Hawley launches an investigation into Flock's “collection, retention, and dissemination of the data” from its AI-powered surveillance cameras  —  - Members of Congress in both parties have raised concerns about the company's network of 120,000 cameras, which allow law enforcement to track the movement of vehicles.

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Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
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Zoho Sign takes a bite of Apple's latest: iOS 27, iPadOS 27, and macOS Golden Gate  —  It's September, and you know the drill.  Apple just handed us a fresh batch of releases, and there's plenty to look forward …
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Earlier Picks

Luz Ding / Bloomberg:
John Walker / Kotaku:
Bill Gates / GatesNotes: