Nvidia reports Q2 revenue up 106% YoY to $96.2B, Data Center revenue up 117% to $89B, Edge Computing revenue up 27% to $7.2B, and net income up 126% to $59.7B (Nvidia Newsroom)
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2027
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2027
NVIDIA Newsroom
NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 26, 2026, of $96.2 billion, up 18% from the previous quarter and up 106% from a year ago.
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 (Kate Clark/Wall Street Journal)
https://www.wsj.com/tech/ai/the-latest-viral-ai-assistant-rocketing-across-silicon-valley-abb46276
https://www.wsj.com/tech/ai/the-latest-viral-ai-assistant-rocketing-across-silicon-valley-abb46276
The Wall Street Journal
Exclusive | The Latest Viral AI Assistant Rocketing Across Silicon Valley
The buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raised privacy concerns.
HP reports Q3 revenue up 12.5% YoY to $15.7B, PC revenue up 18% to $11.8B, but units down 16%, and Printing revenue down 2% to $3.9B; HPQ drops 9%+ after hours (Dina Bass/Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-26/hp-falls-on-investor-concerns-about-pc-demand-trends
https://www.bloomberg.com/news/articles/2026-08-26/hp-falls-on-investor-concerns-about-pc-demand-trends
Bloomberg.com
HP Falls on Investor Concerns About PC Demand Trends
HP Inc. shares fell after investors looked past a widely expected boost in the company’s profit forecast and worried about future demand for computers and printers.
CrowdStrike reports Q2 revenue up 26% YoY to $1.47B, vs. $1.44B est., and forecasts FY 2027 revenue above estimates; CRWD jumps 9%+ after hours (Jake Bleiberg/Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-26/crowdstrike-beats-annual-revenue-forecasts-as-ai-threats-rise
https://www.bloomberg.com/news/articles/2026-08-26/crowdstrike-beats-annual-revenue-forecasts-as-ai-threats-rise
Bloomberg.com
CrowdStrike Beats Annual Revenue Forecasts as AI Threats Rise
CrowdStrike Holdings Inc. forecast revenue figures for the full year that exceeded analysts’ estimates, as the cybersecurity industry continues to see demand driven by threats from artificial intelligence.
AWS plans to add 2M Nvidia Blackwell Ultra, Rubin, and Rubin Ultra GPUs to its data center fleet in 2027 and 2028, in addition to 1M GPUs announced in March (Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-26/amazon-to-buy-2-million-nvidia-chips-for-data-center-build-out
https://www.bloomberg.com/news/articles/2026-08-26/amazon-to-buy-2-million-nvidia-chips-for-data-center-build-out
Bloomberg.com
Amazon to Buy 2 Million Nvidia Chips for Data Center Build-Out
Amazon.com Inc. will add an additional 2 million Nvidia Corp. graphics processing units to its data center fleet in the next two years, a sign that the company remains committed to the AI hardware leader’s products despite its own competitive chipmaking efforts.
Internal email: Google is moving DeepMind's ~90-person "AI responsibility" team, focused on the risks and societal impact of AI, to Google's global affairs unit (Erin Woo/Wall Street Journal)
https://www.wsj.com/tech/ai/google-moves-ai-responsibility-team-out-of-deepmind-lab-in-latest-shake-up-ed01e40c
https://www.wsj.com/tech/ai/google-moves-ai-responsibility-team-out-of-deepmind-lab-in-latest-shake-up-ed01e40c
The Wall Street Journal
Exclusive | Google Moves AI-Responsibility Team Out of DeepMind Lab in Latest Shake-Up
Researchers have raised concerns about the change’s effect on their independence and ability to detect threats from newest models.
Brazil's government sues Discord for $97M, accusing it of failing to comply with laws protecting children and teens; Discord calls the lawsuit disproportionate (Reuters)
https://www.reuters.com/world/brazil-sues-discord-97-million-over-alleged-failures-protect-children-2026-08-26/
https://www.reuters.com/world/brazil-sues-discord-97-million-over-alleged-failures-protect-children-2026-08-26/
Nvidia forecasts Q3 revenue of $108B, above a $104B estimate, and expects FY 2028 revenue to grow by about 70%; NVDA jumps 4%+ after hours (Deborah Mary Sophia/Reuters)
https://www.reuters.com/business/media-telecom/nvidia-forecasts-quarterly-revenue-above-estimates-2026-08-26/
https://www.reuters.com/business/media-telecom/nvidia-forecasts-quarterly-revenue-above-estimates-2026-08-26/
Salesforce and Anthropic unveil Claudeforce, which brings Salesforce data and workflows into Claude, starting with a plugin featuring 37 prebuilt sales skills (Michael Nuñez/VentureBeat)
https://venturebeat.com/orchestration/salesforce-just-put-its-entire-crm-inside-claude-and-says-youll-never-need-its-app-again
https://venturebeat.com/orchestration/salesforce-just-put-its-entire-crm-inside-claude-and-says-youll-never-need-its-app-again
Venturebeat
Salesforce just put its entire CRM inside Claude — and says you’ll never need its app again
Salesforce and Anthropic launch Claudeforce, bringing live CRM data and AI sales workflows into Claude as enterprise software goes headless.
Trump signs an EO banning the use of certain foreign-made bulk-power equipment, including associated critical software, deemed to pose national security risks (Tim Starks/CyberScoop)
https://cyberscoop.com/energy-department-cybersecurity-executive-order-rules/
https://cyberscoop.com/energy-department-cybersecurity-executive-order-rules/
CyberScoop
Cyber threats nudge Trump to sign executive order on foreign equipment in U.S. energy infrastructure
The Energy Department has 120 days to draft and issue new cybersecurity rules under a recent executive order, collaborating with key federal agencies.
Source: Nvidia has been in talks to acquire Hugging Face for more than $13B; Microsoft also met with Hugging Face, but talks are not ongoing (Business Insider)
https://www.businessinsider.com/nvidia-in-talks-to-buy-hugging-face-13-billion-dollars-2026-8
https://www.businessinsider.com/nvidia-in-talks-to-buy-hugging-face-13-billion-dollars-2026-8
Business Insider
Nvidia has been in talks to acquire Hugging Face for more than $13 billion
Nvidia has held talks to acquire Hugging Face for more than $13 billion as the chip giant expands its AI dealmaking.
Sen. Josh Hawley launches an investigation into Flock's "collection, retention, and dissemination of the data" from its AI-powered surveillance cameras (Andrew Solender/Axios)
https://www.axios.com/2026/08/26/flock-cameras-senate-investigation-josh-hawley
https://www.axios.com/2026/08/26/flock-cameras-senate-investigation-josh-hawley
Axios
Scoop: Senate Republican investigates Flock cameras
Sen. Josh Hawley is demanding an array of documents from Flock Safety as part of his probe.
Source: Nvidia has agreed to buy Hugging Face for $12.9B (The Information)
https://www.theinformation.com/articles/nvidia-agrees-buy-open-source-model-repository-hugging-face-12-9-billion
https://www.theinformation.com/articles/nvidia-agrees-buy-open-source-model-repository-hugging-face-12-9-billion
The Information
Nvidia Agrees to Buy Open Source AI Platform Hugging Face For $12.9 Billion
Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion, according to a person with knowledge of the agreement. The move will put Nvidia in charge of a strategic asset in the race among…
Okta reports Q2 revenue up 11% YoY to $805M, vs. $795M est., net income up 73% YoY to $116M, and raises its full-year guidance; OKTA surges 20% after hours (Samantha Subin/CNBC)
https://www.cnbc.com/2026/08/26/okta-okta-earnings-q2-2027.html
https://www.cnbc.com/2026/08/26/okta-okta-earnings-q2-2027.html
CNBC
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period
Thinking Machines Lab co-founder Barret Zoph is returning to Google as VP of research, after leaving OpenAI in June and Thinking Machines Lab in January (Wall Street Journal)
https://www.wsj.com/tech/ai/thinking-machines-lab-co-founder-barret-zoph-joins-google-49f594e6
https://www.wsj.com/tech/ai/thinking-machines-lab-co-founder-barret-zoph-joins-google-49f594e6
The Wall Street Journal
Exclusive | Thinking Machines Lab Co-Founder Barret Zoph Joins Google
After a short stint at OpenAI, Zoph will become a vice president of research at Google, which has recently lost a string of high-profile researchers.
Sources: SoftBank is in talks to buy a majority stake in humanoid robot maker 1X at a $6B valuation; 1X sought $1B at a $10B valuation in 2025, but raised <50% (The Information)
https://www.theinformation.com/articles/softbank-talks-buy-majority-stake-humanoid-maker-1x-6-billion-valuation
https://www.theinformation.com/articles/softbank-talks-buy-majority-stake-humanoid-maker-1x-6-billion-valuation
The Information
SoftBank in Talks to Buy Majority Stake in Humanoid Maker 1X at $6 Billion Valuation
SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion, according to people with knowledge of the deal. The investment would buttress SoftBank’s…
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 (METR)
https://metr.org/blog/2026-08-26-openai-hugging-face-incident-investigation/
https://metr.org/blog/2026-08-26-openai-hugging-face-incident-investigation/
metr.org
Brief independent investigation of agents’ behavior, reasoning and collaboration in the OpenAI / Hugging Face hacking incident
Two METR staff members and a Redwood Research contractor investigated an incident in which OpenAI agents coordinated a multi-day hack of Hugging Face on a shared unsanctioned message board.
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)
https://www.wsj.com/pro/venture-capital/openai-is-the-sole-investor-in-its-latest-venture-fund-ed1dd447
https://www.wsj.com/pro/venture-capital/openai-is-the-sole-investor-in-its-latest-venture-fund-ed1dd447
The Wall Street Journal
OpenAI Is the Sole Investor in Its Latest Venture Fund
The ChatGPT maker is dedicating $400 million to investing in early-stage AI companies.
OpenAI says reward hacking, an AI alignment problem in which a model takes unintended actions to achieve a goal, was a primary driver of the Hugging Face breach (Hayden Field/The Verge)
https://www.theverge.com/ai-artificial-intelligence/985385/openais-rogue-ai-model-hugging-face-cybersecurity-incident-reports-metr
https://www.theverge.com/ai-artificial-intelligence/985385/openais-rogue-ai-model-hugging-face-cybersecurity-incident-reports-metr
The Verge
OpenAI’s rogue AI model incident was worse than we thought
Two new reports offer nearly 130 pages of details on the OpenAI-Hugging Face cybersecurity incident, many of them previously unreleased.
Anthropic gives Claude Cowork its own built-in browser on the desktop app separate from users' day-to-day browser, rolling out to paying subscribers (Frederic Lardinois/The New Stack)
https://thenewstack.io/claude-built-in-browser-cowork/
https://thenewstack.io/claude-built-in-browser-cowork/
The New Stack
Anthropic’s Claude now has a browser of its own
Anthropic added a built-in browser to Claude's Cowork desktop app, ending the need for the Chrome extension for many web tasks.
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 (Mike Masnick/Techdirt)
https://www.techdirt.com/2026/08/26/meta-just-paid-nearly-17-billion-to-make-sure-it-gets-to-write-the-kid-safety-rules-for-every-other-social-media-platform/
https://www.techdirt.com/2026/08/26/meta-just-paid-nearly-17-billion-to-make-sure-it-gets-to-write-the-kid-safety-rules-for-every-other-social-media-platform/
Techdirt
Meta Just Paid Nearly $17 Billion To Make Sure It Gets To Write The Kid Safety Rules For Every Other Social Media Platform
By now you’ve almost certainly heard the news that Meta has settled with 52 state and local Attorneys General who had sued the company in some form or another over child safety on Meta’…