Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported Wednesday night, citing a source familiar with the matter. Business Insider, which first reported over the weekend that Hugging Face was fielding…
In Brief Posted: 5:24 PM PDT · August 26, 2026 Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation…
Ventures Platform has raised an oversubscribed $83 million second fund as the Pan-African venture firm expands beyond its home market of Nigeria with a strategy shaped by a tougher, more selective venture market. The firm…
More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller. Since voice is still consumers’ preferred way to communicate, that leaves a big…
Airbound, an Indian startup building autonomous drones, has raised $37 million in fresh capital as it pushes to make moving goods through the air as cheap as trucking them by road. The Series A round,…
In Brief Posted: 5:23 PM PDT · August 24, 2026 Situational Awareness, the AI focused hedge fund that was Wall Street’s fleeting obsession, is having a very bad month. The company, led by twentysomething OpenAI…
In Brief Posted: 1:01 PM PDT · August 23, 2026 A mysterious new AI model called Ox Alpha has driven certain corners of the internet into a frenzy of speculation about who actually built it.…
The Dutch Data Protection Authority is fining Uber €825 million (around $966 million) — the second largest penalty issued so far under Europe’s General Data Protection Regulation, according to Reuters. The Dutch regulator was investigating…
Indian startups spent years getting consumers accustomed to having groceries and everyday goods delivered within minutes. Now Walmart-owned Flipkart is rapidly closing the gap with those quick-commerce pioneers, as global rival Amazon mounts its own…
In Brief Posted: 2:46 PM PDT · August 22, 2026 As Harvard Business School seeks to expand its reach, it’s leaning on AI avatars to provide individual feedback. These avatars were created by a startup…