Techmeme
August 27, 2026, 1:40 AM

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 …
More: New York Times, Bloomberg, Barron's Online, CNBC, Information Age, Washington Post, Business Insider, BBC, Electronic Frontier Foundation, NBC News, Business Standard, The Free Press, American Prospect, Texas Attorney General, MediaNews4U, BBC, NBC News, Outlook India, Politico, New Jersey Office …, JusttheNews.com, CBS News, KOTA-TV, Cyber Daily, Tubefilter, AsiaOne, The Asia Business Daily, Reality Tea, The Hill, Blaze Media, Yahoo Finance, Roll Call, Phandroid, The Saturday Paper, Cap City News, The Guardian, NZ Herald, Polygon.com, Davis Enterprise, PetaPixel, and Android Central
Mike Masnick / Techdirt:
Meta's AG settlement gives it a moat to write child safety rules for other social media platforms, with little evidence its new safety features will help kids  —  By now you've almost certainly heard the news that Meta has settled with 52 state and local Attorneys General who had sued …
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.
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 …
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:
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.
Barry Schwartz / Search Engine Roundtable:
Google starts rolling out the google.com/goto URL as a passthrough URL to help prevent scraping of its search results by third-party tools and AI companies  —  This seems like a way for Google to help prevent scraping of its search results by third-party tools and AI companies …
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 …

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More News

Andrew Solender / Axios:
Bloomberg:

Earlier Picks

Ben Bergman / Business Insider:
Luz Ding / Bloomberg:
Katie Paul / Reuters: