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 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 …

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. …

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) …

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 …

Alabama AG Steve Marshall launches an investigation into OpenAI's security procedures following the Hugging Face breach in July  —  Alabama Attorney General Steve Marshall launched an investigation into OpenAI's security procedures after one of its AI agents escaped a testing environment and hacked AI firm Hugging Face in July.

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% …

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

Temu and Pinduoduo owner PDD reports Q2 revenue up 8.1% YoY to ~$16.72B, missing est. of ~$17.17B, and net profit down 12% YoY to ~$4.04B, above ~$3.63B est.  —  Rising competition from livestreaming and social e-commerce is challenging PDD's market position

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 …

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 …

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 …

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 …

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

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.

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 …

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.

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.

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 …

Sources: Netflix has discussed adding streamers like Peacock and Fox One as it seeks to compete with YouTube and Roku in becoming a one-stop shop for TV content  —  For years, Amazon has persuaded tens of millions of people to use its Prime Video app to subscribe to other services …