Saturday, September 5, 2026 · 1:09 AM ET
AI
DeepSeek is preparing a large order of Huawei AI chips to power a new data center. Component shortages could limit Huawei's production output and extend the timeline.
AI
Saudi AI firm Humain launched an Arabic-language model built with China's MiniMax, underscoring how nations outside the US and China rely on partnerships to build sovereign AI.
Finance
TikTok owner ByteDance secured a $30 billion loan as it ramps up spending on AI infrastructure and investments.
AI
Abu Dhabi AI group G42 is weighing a shift to US ownership to secure continued access to advanced American AI chips amid tightening export scrutiny.
AI
Chinese AI startup Moonshot is reportedly seeking to raise up to $5 billion in a Hong Kong IPO this year, one of the sector's largest planned listings.
AI
Nvidia agreed to acquire New York-based open-source AI platform Hugging Face in a deal worth roughly $13 billion, its largest acquisition yet, accelerating its push to promote open-weight AI models that challenge proprietary models from OpenAI and Anthropic and open models from China.
Finance
As Anthropic heads toward a roughly $2 trillion IPO, public-market scrutiny is intensifying pressure on the Claude maker's unusual governance structure, which uses external trustees to balance profit and mission.
AI
Investment firm Coatue Management is in talks to form a multibillion-dollar joint venture with young AI chip startup MatX to help it overcome fierce component shortages. MatX has developed a chip that can handle both AI model training and inference.
AI
AI cloud and GPU-infrastructure firm Nscale is in talks to raise about $3.5 billion in pre-IPO financing, underscoring strong investor appetite for AI data-center capacity ahead of a planned public listing.
AI
AI firm micro1 said in a court filing it will pay $12.5 million for a vast trove of defunct Spirit Aviation's business records—including 100 million emails and millions of customer chat sessions—to challenge Google's bid to acquire the data for AI training.
AI
Anthropic is building its own in-house payments technology, a move that could reduce its reliance on Stripe and chip away at the payments giant's business as large AI companies expand their own financial infrastructure.
Chips
A severe memory-chip shortage driven by the AI infrastructure buildout is pushing up prices for phones, laptops and gaming consoles, with retailers forecasting further price increases.