Month: August 2026
a quarter of next year’s business
Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that […]
Chinese automakers are following Tesla’s bet that robots are the next big profit machine
The hype around humanoid robots isn’t particularly new. Thank Tesla CEO Elon Musk and his Optimus robot, as well as the myriad videos of Boston Dynamics’ Atlas robot, for that. Behind that hype, though, there […]
Meta’s $18 billion settlement puts TikTok, YouTube next on firing line
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial, Feb. 19, 2026. Jon Putman | Anadolu | Getty Images Meta‘s watershed […]
FDA approves Gilead HIV pill Bixlenvo designed to simplify treatment
The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus […]
Cardano whales buy the dip as ADA reclaims $0.211
Key takeaways Cardano slipped to around $0.210 after losing more than 7% this week. Whales holding between 10 million and 100 million ADA accumulated 160 million tokens since Sunday. ADA’s long-to-short ratio fell to 0.74, […]
Debasement Trade Will Benefit Bitcoin, Says Grayscale
The debasement trade is back — and will benefit bitcoin. That’s according to asset manager Grayscale’s crypto research team, who wrote in a note this week that the U.S. government debasing its currency would lead […]
US Cities Eye AI Data Center Limits as Study Flags Water Risks
In brief Cities in Texas, North Carolina, Kentucky, and New Jersey have pursued bans or moratoriums on data centers. Power plants serving data centers in seven states withdraw about 3.4 trillion gallons of freshwater annually. […]
France’s Pasqal is public, with $360M and a valuation of about 100 times revenue
Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to Reuters. The merger […]
CHIPS Act R&D Stalls as Manufacturing Surges Ahead
On 6 August, the U.S. Government Accountability Office (GAO) released a report on the state of the 2022 CHIPS and Science Act, a bipartisan federal law passed under the Biden Administration to boost U.S. semiconductor […]
