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Neocloud Lambda secures $1B in debt to buy more chips

28 August 2026 at 23:24
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.

Anthropic gets its first court win over the Pentagon’s supply-chain risk label

28 August 2026 at 15:46
A federal judge ruled the Trump administration illegally labeled Anthropic a supply-chain risk, handing the AI company a victory as its second Pentagon lawsuit continues in Washington.

Valor, Point72 back General Intuition at $6B valuation as AI startup pushes into robotics

24 August 2026 at 18:24
General Intuition, the startup building a foundation model that trains generalized AI agents how to move through space and time, is in talks to raise at a $6 billion pre-money valuation from new investors including Valor Ventures, Point72 Ventures, and Seven Seven Six.

Hugging Face reportedly in talks to be acquired for $13B

24 August 2026 at 16:47
Hugging Face has reportedly been fielding acquisition offers that would value the company at around $13B. But with the founders' feeling of responsibility to community, doubts arise as to whether a sale will happen.

Frontier AI labs still won’t say how they’d contain a rogue model

22 August 2026 at 19:00
A new study finds leading AI labs have few publicly documented plans for containing rogue models, raising questions about preparedness as AI systems increasingly demonstrate unexpected and potentially dangerous behavior.
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