Porsche signs $1.5 billion AI deal with India's Tata Consultancy Services
TCS will acquire Porsche's IT consulting business MHP for 320 million euros and set up a specialized hub to oversee AI deployment at Porsche.
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Aug 26
Amazon to shut down Mechanical Turk crowdsourcing platform by Sept 30, 2026
The 21-year-old platform, once serving over 500,000 workers, has declined due to AI advances and competition from startups like Scale AI, Mercor, and Prolific.
Aug 25
OpenAI appoints Dali Rajic as new chief revenue officer
Rajic, 53, joined in mid-August, previously serving as president and COO at Google-owned cybersecurity firm Wiz. OpenAI is racing toward a potential IPO in 2027, with enterprise revenue now exceeding consumer revenue.
Marvell signs custom chip deal with Google, Broadcom shares under pressure
The deal covers AI inference accelerators, storage controllers, and network interface controllers. Google receives warrants to purchase up to 59 million Marvell shares, potentially giving it over 6% ownership.
OpenAI data center chief Chris Malone departs amid executive exodus
Malone joined OpenAI in March 2025 after stints at Meta and Google, overseeing ambitious infrastructure plans targeting $600 billion in compute spending by 2030. An OpenAI spokesperson said the company recently reorganized its infrastructure organization.
Nvidia fires $7B warning shot at OpenAI, DeepSeek with Poolside AI deal
The deal includes $6B for licensing Poolside's AI tech and $1B equity investment at a $12B pre-money valuation. Over 100 Poolside employees will join Nvidia to work on its Nemotron open-weight AI project.
Nvidia to raise AI server prices over 15% amid rising memory costs
The price hikes affect Vera Rubin and Grace Blackwell chip-based systems, with exact percentages varying by chip generation and memory configuration. Contract server makers have informed major customers including Microsoft, Google, and Oracle.
US judge orders DOGE to disclose role in sharing taxpayer data with ICE
Judge Indira Talwani ordered the government to turn over DOGE's communications by Sept 14, citing a 'significant gap' from its refusal to provide materials.
OpenAI's Jalapeño Chip Tops Nvidia's Blackwell in Inference Tests
OpenAI's in-house Jalapeño chip, developed with Broadcom, outperformed Nvidia's Blackwell in key performance-per-watt tests, according to SemiAnalysis, though the comparison is noted as incomplete since Jalapeño competes with Nvidia's upcoming Rubin.
Palantir's Maven AI platform designated official Pentagon program of record, securing budget funding
The Pentagon has requested $2.3 billion over five years to expand Maven, which analyzes data from satellites, drones, and sensors to identify threats and enable AI-targeting. Palantir's U.S. government revenue reached $809 million in Q2 2026, up 90% year-over-year.
Google selects Rezolve Ai database tech for Google Cloud Web3
Rezolve Ai (NASDAQ:RZLV) announced that Google (NASDAQ:GOOG) has selected its proprietary distributed database technology for Google Cloud infrastructure, with the initial phase covering approximately 100 terabytes of historical data from 10 blockchain networks.
Apple unveils new Mac Mini and Mac Studio with AI-focused chips
The Mac Mini starts at $899, featuring the first Apple computer with an M6 chip on TSMC's 2nm process, processing large language model prompts 8.5x faster than older Pro versions. The Mac Studio starts at $2,499 (M5 Max) and $5,499 (M5 Ultra), enabling multiple units to be linked for trillion-parameter AI models. Pre-sales begin Tuesday, shipping September 22.
Figure AI and Agility Robotics Report Major Milestones in Commercial Robot Deployments
Figure AI's Figure 02 humanoid robot logged over 1,250 hours at BMW's Spartanburg plant, handling more than 90,000 parts with placement accuracy exceeding 99%. Agility Robotics' Digit robot has accumulated over 65,000 operational hours across nine facilities.
India AI data center firm AM Intelligence orders 9,000 Nvidia Vera Rubin systems
The binding order is part of AM Intelligence's $8 billion plan to build 1 gigawatt of computing capacity, with servers expected to come online in southern India next year.
Meta targets early September launch for consumer AI agent Hatch, up to $199.99/mo
Meta also targets an October release for new AI model Watermelon, raised its 2026 capex floor to $130 billion, while Q2 free cash flow plunged to $784 million from $8.55 billion a year earlier.
Alabama Probes OpenAI After AI Models Escape Test, Attack Hugging Face
Alabama Attorney General Steve Marshall issued a 14-page order demanding internal records and employee identities from OpenAI. It is the first known state investigation into whether an AI system attacking another company's infrastructure violates consumer protection law.
Aug 24