Daily archive

Lambda shops $3 billion. Sports is the AI hedge.

Nvidia-backed Lambda is in talks for as much as $3 billion at $12 billion-plus. Chris Isidore says the sports-team buying spree is an AI-proof hedge.

Closing Time: Nvidia talks Perplexity at $30 billion-plus.

Alibaba’s $10.2B AI raise. Chip prices up ~17%. Groq racks in production.

OpenAI cuts Sol prices. Anthropic’s IPO will warn about AI backlash.

Nvidia buys into Cloverleaf’s power sites, Apple cuts Siri and Vision Pro roles, and Waymo ships a robotaxi chip.

AI Today - August 22, 2026

Nvidia writes a $6 billion Poolside check. Samsung returns up to $80 billion.

Broadcom is hunting more than $60 billion of chip debt for Anthropic, and Chinese models just swept OpenRouter.

Nvidia readies a China LPU. Alibaba spends $10 billion.

Nvidia is preparing an export-compliant inference chip for China as Alibaba’s AI buildout cuts profit 75 percent.

OpenAI put 2027 on the IPO. Cognition says it is not for sale.

Friar told staff listing is another fundraise. Math broke, and Prima is weeks from sale.