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TechnologyNvidia Agrees to Acquire Hugging Face for $12.93 Billion
Nvidia agreed to acquire Hugging Face for $12,930,300,000, the platform where 18 million developers share more than 3 million open models. Jensen Huang says NVIDIA compute will not be required to build or deploy there, and the deal is expected to close in the first half of 2027.
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Daily RoundupThe Daily Roundup: FC Barcelona x Nike Kobe 3 Low Protro at $200, Team USA Opens the FIBA Women's World Cup, Beyoncé Leads New Music Friday, and OpenAI's Astra Crosses the 'Critical' Cyber Threshold — September 4, 2026
FC Barcelona's Nike Kobe 3 Low Protro releases September 4 at $200, Team USA opens the FIBA Women's Basketball World Cup against China in Berlin, and OpenAI's Astra becomes the first model to cross its Critical cybersecurity threshold.
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TechnologyOpenAI Cuts Off Cursor's Model Access on November 12 After SpaceX Acquisition
OpenAI is ending Cursor's access to its models on November 12, weeks after SpaceX closed its $60 billion acquisition of the AI coding tool. OpenAI says it cannot trust SpaceX to honor its terms of service; Cursor says OpenAI models are only about 5% of its traffic.
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Daily RoundupThe Daily Roundup: Converse SHAI 001 'Cheetah' at $120, College Football Week 1 Opens With Colorado at Georgia Tech, Danny Boyle's 'Ink' Premieres at Venice, and Uber Cuts 3,300 Jobs — September 3, 2026
The Converse SHAI 001 Lace Up "Cheetah" drops today at $120, college football Week 1 opens tonight with Colorado at Georgia Tech at 8 p.m. ET on ESPN, and Uber is cutting 3,300 jobs as it pivots toward robotaxis.
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TechnologyFTC and 22 States Sue Amazon Over Hidden Ad Auction Surcharges
The FTC and 22 state attorneys general sued Amazon on August 31, 2026, alleging it added a secret surcharge to its ad auctions in 2019 and overcharged more than a million brands and sellers. Amazon calls the suit misguided.
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TechnologyJohn Ternus Becomes Apple CEO as Tim Cook Moves to Executive Chairman
John Ternus took over as Apple's chief executive on September 1, 2026, with Tim Cook moving to executive chairman after 15 years as CEO. Ternus joined Apple in 2001 and has led hardware engineering since 2013.
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Daily RoundupThe Daily Roundup: JENNIE x adidas Superstar Square Ballet at $150, Navone Upsets Djokovic, Coyote vs. Acme Opens to $15.5M, Pentagon Adds ChatGPT Mil — September 1, 2026
JENNIE's first adidas Originals collaboration releases today in Korea at $150, Mariano Navone put Novak Djokovic out of the US Open in the first round, and Coyote vs. Acme opened to $15.5 million three years after Warner Bros. shelved it.
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TechnologyDeepSeek Nears $7.4 Billion Funding Round at $74 Billion Valuation
DeepSeek is finishing a roughly $7.4 billion raise at a $74 billion pre-money valuation, with CATL, Monolith and Shixiang returning. Investors get direct equity for the first time ahead of a targeted 2027 Shanghai STAR Market listing.
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Daily RoundupThe Daily Roundup: Salehe Bembury x PUMA Velum 2 NITRO at $160, Aaron Donald Returns to the Rams, and Amazon Closes Mechanical Turk — August 31, 2026
The Salehe Bembury x PUMA Velum 2 NITRO releases today at $160 in Terracotta and Alloy, Aaron Donald unretires on a one-year, $20 million deal with the Rams, and Amazon closes Mechanical Turk on September 30.
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TechnologyAmazon Shuts Down Mechanical Turk on September 30 After 21 Years
Amazon is closing Mechanical Turk on September 30, 2026, after 21 years, along with SageMaker Ground Truth and Amazon Augmented AI. The platform listed over 500,000 workers across 190 countries and paid cents per task.
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TechnologyAndreessen Horowitz Raises $1.1 Billion Machine Age Fund for AI Hardware
Andreessen Horowitz raised $1.1 billion for the Machine Age Fund, a dedicated hardware vehicle backing the chips, memory, data centers and robots AI runs on. Hardware is now over 20% of the firm's deal flow.
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TechnologyInstinct Raises $250 Million Series B at $2.5 Billion Valuation Led by Index and Benchmark
Instinct, the year-old personal AI assistant from 23-year-old founder Noah Shinn, raised a $250 million Series B co-led by Index Ventures and Benchmark at a $2.5 billion valuation while still in private beta.