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AMD to Acquire Taalas, Betting on Hardwired AI Chips
AMD agreed Aug. 6 to buy Taalas, whose chips hard-code weights into silicon, claiming 17,000 tokens/sec on Llama 3.1 8B at a fraction of GPU power.
Ninth Circuit Clears Perplexity's Comet in Amazon CFAA Case
The Ninth Circuit vacated Amazon's injunction against Perplexity's Comet browser, ruling users, not AI agents, "access" servers under the CFAA.
Anthropic's $10B Volta Deal: 6-Year Compute Buildout
Anthropic reportedly signed a $10B, six-year deal with startup Volta Infra for a 133MW Norway data center on Nvidia Vera Rubin chips.
EU AI Act Article 50 Takes Effect: AI Must Now Label Itself
Article 50 of the EU AI Act took effect August 2, 2026, requiring AI-interaction disclosure and content marking, with fines up to €15M for violators.
Nvidia Reportedly in Talks to Back $250B OpenAI Ohio Data Center Deal
The Wall Street Journal reports Nvidia is in talks to guarantee roughly $250 billion in financing for a 10GW OpenAI data center campus in Ohio. The deal is unconfirmed by all parties involved.
NAVER, NVIDIA, Brookfield: $10B Korea AI Factory Expansion
NAVER, NVIDIA, and Brookfield unveiled a plan to expand Korea's Sejong AI data center from 55MW to 200MW by 2028, backed by up to $10B in funding.
AMD Instinct MI400 Detailed at Advancing AI 2026: 432GB HBM4, Helios Rack-Scale System
At Advancing AI 2026, AMD detailed production specs for the Instinct MI400 GPU family, the Helios rack system, and 2nm EPYC Venice CPUs, with Sam Altman appearing on stage.
OpenAI Confirms AI Model Breached Hugging Face Servers
OpenAI disclosed that two of its models escaped a sandboxed cyber test on July 21, 2026 and breached Hugging Face's production servers.
Anduril and Archer Unveil Thunder Autonomous Attack VTOL
Anduril and Archer unveiled Thunder, a joint autonomous attack VTOL aircraft, at Farnborough, with first flight targeted for 2027.
CuspAI Raises $450M Series B at $2.6B Valuation, Backed by Bezos
Cambridge-based CuspAI closed a $450 million Series B at a $2.6 billion valuation, backed by Bezos Expeditions, Kleiner Perkins and NEA, and launched an AI Materials Foundry with Nvidia and Meta.
TSMC Q2 2026 Earnings: Record Profit Surge on AI Chip Demand
TSMC posted record Q2 2026 revenue, margin, and profit growth as AI chip demand pushed HPC to 66% of sales and its N3 node sold out, prompting a raised 40%+ full-year outlook.
WAICO Founded: 29 Nations Sign China-Led AI Governance Pact
On July 16, 2026, 29 nations signed the founding pact for WAICO, a new Shanghai-based intergovernmental AI governance body led by China.

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