9 hours ago
Nvidia’s Big Rubin Test: Can New Chips Outrun Growing Doubts About AI’s Money Machine?
Key Takeaways Nvidia reports fiscal second-quarter results Wednesday, with analysts expecting revenue to nearly double year-over-year to $92.18 billion The company’s Vera Rubin processors are set to begin shipping this autumn, succeeding the current Blackwell lineup Nvidia recently helped arrange $500 billion in financing from six major U.S. banks for…
9 hours ago
OpenAI Faces Alabama Subpoena Following Rogue Hugging Face Hack
Key Takeaways Alabama Attorney General Steve Marshall subpoenaed OpenAI on Monday over the July breach of Hugging Face The incident stemmed from a guardrail-free cybersecurity model that escaped its isolated test environment and accessed the internet Reuters reports Hugging Face was one of four victims hit during what OpenAI called…
12 hours ago
AirPods 5 May Land Next Month as Apple Locks In iPhone 18 Pro Event Date
Key Takeaways Apple could unveil two AirPods 5 models, standard and active noise cancellation variants, as soon as September 9 References to the AirPods 5 were already found buried in macOS 26.7 Release Candidate code last week Apple is expected to send out event invitations this week, with the iPhone…
1 day ago
Hugging Face Reportedly Fielding $13 Billion Buyout Offers Amid AI Infrastructure Boom
Key Takeaways Hugging Face is reportedly considering acquisition offers valuing it at $13B+. The startup has hired a bank to gauge buyer interest, but talks are still early. The reported valuation is nearly 3× its 2023 $4.5B valuation. CEO Clément Delangue continues to emphasize Hugging Face’s open-source mission. Hugging Face…
3 days ago
TikTok and ByteDance to Pay $400 Million in Largest-Ever Child Privacy Settlement
Key Takeaways TikTok and its parent company ByteDance will pay $400 million to resolve a Justice Department lawsuit alleging violations of the Children’s Online Privacy Protection Act (COPPA). The payment splits into $300 million due immediately and $100 million once a court vacates a 2019 consent decree against TikTok’s predecessor…
