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Techmeme
August 24, 2026, 12:30 PM
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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 Register:
Nvidia says its Groq 3 LPX racks delivered 3,400 tokens per second in an Artificial Analysis benchmark running Gemma 4 31B with a 100,000-token input sequence  —  Nvidia's $20 billion bet on Groq's LPU tech sure looks like it was a good one.  On Monday, the GPU giant offered the first glimpse …
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. …
Kate O'Keeffe / Bloomberg:
Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to buy 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 a $25.7B-$26.8B IPO, a fraction of its almost $100B valuation in 2022
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.
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 …
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
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 …
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:30 PM ET, August 24, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Laurel Rosenhall / New York Times:
California AG cancels a meeting with Paramount, accusing the company of acting in bad faith by leaking and misrepresenting earlier settlement discussions

Benjamin Mullin / New York Times:
An arbitrator orders the Washington Post to reinstate Karen Attiah, who was fired for “gross misconduct” last year over posts made after Charlie Kirk's shooting

Benjamin Mullin / New York Times:
Shook Research founder says he paid ex-Forbes editor Randall Lane $6M for “services and guidance” in partnering with Forbes and helping him sell the firm

More News

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
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
George Hammond / Financial Times:
Ramp data: Fable 5, launched in early June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5
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