Techmeme
August 24, 2026, 12:25 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 …
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. …
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 …
Reuters:
Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages  —  Alibaba (9988.HK) officially rolled out its latest AI video generation-model Wan3. on Monday with enhanced capabilities after the Chinese internet giant launched …
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.
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:
Telegraph:
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 …
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 …
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.
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 …
New York Times:

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More News

Jody Godoy / Reuters:
Krisztian Sandor / CoinDesk:

Earlier Picks

Tracy Withers / Bloomberg:
Ina Fried / Axios:
Truman Dickerson / Business Insider:
Katie Roof / Business Insider:
George Hammond / Financial Times: