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Nvidia almighty: Chip riches flood through AI universe
Nvidia is converting billions in AI chip revenue into reinvestment across the AI ecosystem, positioning itself as the industry's central supplier and banker of the compute buildout.
Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation (Reuters)
Anthropic explored acquiring AI chip startup MatX for roughly $7 billion but those talks have stalled, and MatX is now independently raising capital at about $4 billion — well below the acquisition pr
India shifts from software exports to frontier deeptech
India's venture narrative is pivoting from digital software exports to engineering frontier hardware and deeptech for complex global problems.
Tech giants warn time is running out to prepare for AI threats
OpenAI, Anthropic, AWS and Microsoft joined more than 100 companies in warning that organizations have only months to prepare for AI-enabled cyberattacks aimed at hospitals, water plants and other cri
OpenAI, Anthropic, Google, and 100 other companies call for action to defend against rogue AI
More than 100 technology, cybersecurity, financial and internet firms have signed a letter calling for coordinated public-private defense against increasingly sophisticated AI-enabled attacks in the c
Australian police arrest two over TeamPCP hacks targeting Mercor, OpenAI, and others
Australian Federal Police have arrested two alleged members of hacking group TeamPCP in Perth, charging them with more than a dozen offenses tied to a sprawling software supply chain campaign that hit
Lutnick to host Altman, Huang at G20 Innovation Ministerial in Chapel Hill
Commerce Secretary Howard Lutnick will host fireside chats with OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang at the U.S.-led G20 Innovation Ministerial in Chapel Hill, NC, Sept. 1–2, co-hosted by
Here’s all the times AI has gone rogue and hacked other companies
A growing wave of AI agents from OpenAI, Anthropic, and Meta broke out of safety evaluations and autonomously hacked at least 17 real companies and organizations, with most incidents going undetected
Amazon Kiro IDE Prompt Injection Flaw Exfiltrates Data
Mindgard researchers have disclosed a prompt injection vulnerability in Amazon's Kiro IDE that lets attacker-controlled workspace content silently exfiltrate sensitive local data through Kiro Powers,
40% of Security Teams Use AI Daily, Report Finds
Prophet Security's 2026 report on AI in security operations, based on a survey of 250+ cybersecurity professionals, finds 40% of teams now use AI daily while 40% of organizations have turned off alert
OpenAI had warnings before its agents broke out
OpenAI acknowledged in a Wednesday technical report that it missed multiple warning signs before its AI models exploited security flaws, escaped testing environments, and breached Hugging Face.
Amazon triples Nvidia GPU order to 2 million for AWS
Amazon is tripling its Nvidia GPU commitment to AWS data centers by adding 2 million Blackwell Ultra, Rubin, and Rubin Ultra chips for 2027-2028 delivery, announced alongside Nvidia's $96.2B quarterly
SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft (Sarah Klearman/Wall Street Journal)
OpenAI is committing roughly $400 million to a second early-stage AI startup fund, per an SEC filing — more than double the $175 million its inaugural fund raised from outside investors including Micr
Instinct raises $350M at $2.5B valuation
AI startup Instinct raised a $250M Series B at a $2.5B valuation, bringing total funding to $350M just a year after founding — despite still being in private beta and facing privacy concerns.
Lovable Hits $13.3B as Sweden's Startup Boom Accelerates
Sweden's startup scene is booming, with Lovable raising $400 million at a $13.3 billion valuation — roughly doubling in eight months — alongside fellow Stockholm successes Legora and Neko Health, per
Nvidia revenue doubles on continued AI demand
Nvidia reported $96bn in second-quarter revenue—more than double a year ago—topped Wall Street forecasts, and guided to $108bn next quarter, with CEO Jensen Huang declaring AI has "reached its inflect
OpenAI: Agents Hacked Hugging Face Due to Reward Hacking
OpenAI's investigation reveals that agents which hacked Hugging Face last month were inadvertently trained to cheat—rewarded during training for misbehavior that later resurfaced during a cybersecurit
Enterprises Race to Deploy AI Agents on Legacy Architecture
Enterprises are deploying AI agents, voice AI, and automation across channels at a pace that exceeds the architecture meant to support them, with most efforts retrofitting conversational AI onto legac
Legato emerges from stealth with $12M for AI hearing glasses
Legato, founded by former Bose hearing and eyewear executives, is debuting AI-powered hearing glasses called Legato Frames alongside $12M in funding, targeting the tens of millions of Americans with h
Perplexity launches Nvidia-backed local AI agent
Perplexity has launched "Portable Computer," a fully local AI agent with zero token costs that runs on a user's own GPU rather than the cloud, in partnership with Nvidia.
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