AI In Business

Nvidia is in serious talks to acquire Hugging Face in a deal valued at over $13 billion, according to sources, potentially bringing the open-source AI platform under the chip giant's control.

OpenAI's latest report reveals how ChatGPT is reshaping continuous learning, with 70 million weekly knowledge-testing conversations and peak homework usage.

OpenAI expands ChatGPT for Teachers to 55 new districts, reaching 300,000 educators, and introduces a 16-state privacy agreement.

Anthropic commits $45 billion over six years to rent AI compute from Nscale's West Virginia data center, securing 460 MW of capacity.

Australia's AI investment boom is importing hardware and building data centers, but new construction data shows little benefit for wages or living standards.

Nvidia's AI chip lead is being tested as AMD, Intel, and in-house silicon from cloud giants gain ground.

Meta scaled back a plan to cut up to 60% of employees after AI productivity data disappointed and workers raised concerns.

The FTSE 100 was little changed as energy stocks slid, while traders awaited key US inflation data and Nvidia's quarterly earnings for direction.

Nvidia's earnings report tests Wall Street's belief in AI investment as oil prices drop and inflation data approaches.

Pakistan's Higher Education Commission will train university faculty in AI skills across 100 institutions through a four-day programme starting August 27.

US stock futures were little changed as investors awaited Nvidia's earnings and key inflation data, with software stocks under pressure.

Meta's secret Project OT aimed to replace thousands of employees with AI agents, but internal rebellion and disappointing productivity gains forced Mark Zuckerberg to cancel the second wave of layoffs.

Meta's secret plan to replace thousands of workers with AI collapsed after a massive internal revolt, according to leaked documents and insider interviews.

Chinese AI startup MiniMax reported a 283.1% revenue surge to $116.6 million in the first half of 2026, driven by demand for low-cost, open-source-based AI models.

Google expands Gemini Enterprise into the legal sector with new AI automation tools and plug-ins for law firms.

Nine Entertainment’s CEO sees new media bargaining laws and AI licensing deals as a path to publishing growth, even as the company cuts $160 million in costs.

Asian equities waver as oil slides on Hormuz talks and traders await Nvidia's pivotal AI earnings, while gold and bitcoin rise on dollar debasement bets.

Stanley Druckenmiller confirms he used AI to write his Wall Street Journal op-ed criticizing Scott Bessent, sparking debate over AI in journalism.

Anthropic is expected to tell investors its total addressable market exceeds $30 trillion, a figure that would surpass SpaceX's $28.5 trillion estimate.

Morrisons launches the UK's first AI-powered smart trolley trial in Lancashire, with shoppers praising budget tracking but noting the carts are heavy.

China's humanoid robots can outrun the fastest humans, but smart investors may profit more from the supply chain than from betting on a single robot maker.

Emerald AI secured $150 million in Series A funding, reaching a $1.05 billion valuation for its software that shifts AI data center power usage during grid stress.

Primero, a Mexican AI startup, launched publicly with a $12 million seed round co-led by Kaszek and General Catalyst to help Latin American blue-chips automate labor-intensive work and modernize old systems.

Google's new Gemini Enterprise for Legal brings AI agents and secure integrations to law firms, challenging rivals in the fast-growing legal AI market.

Meta has shifted from metaverse to AI, using smart glasses to collect first-person data for training, sparking privacy debates.

The US has overtaken China in gas power plant construction, driven by AI datacenter demand, with major climate and political implications.

US stock futures climbed Tuesday as tech recovered, with Nvidia earnings and inflation data set to test the AI rally.

Options markets price a $280 billion Nvidia swing after earnings, signaling lower volatility expectations than past quarters.

Google is asking users directly whether AI Overviews have improved or degraded search, as publishers and media companies sue over lost traffic.

TCS acquires Porsche's MHP consulting unit and secures a €1.25 billion AI services agreement, signaling a strategic shift for Indian IT.