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Nvidia Corp. Bets $3.5B on MediaTek via Convertible Bonds

Nvidia Corp. plans to invest $3.5 billion into MediaTek through convertible bonds, deepening its ties with the Taiwanese chipmaker as large technology companies increasingly design their own AI silicon . The investment, first reported by B

1d ago·FundingDEVELOPING5 INDEPENDENT OUTLETS
OpenAI Ad Business Hits $1B Annualized Run Rate Ahead of IPO

OpenAI said on August 31 that its advertising business has reached $1 billion in annualized revenue run rate, a milestone the company is framing as evidence of a "diversified business model" as it prepares for an initial public offering .

1d ago·IndustryDEVELOPING4 INDEPENDENT OUTLETS
llms.txt Files on Fortune 500 Sites Drive AI Agents to Install Malware

Cybersecurity researchers have identified an attack vector in which autonomous AI agents read official llms.txt files hosted on Fortune 500 company websites and independently install malicious packages . The llms.txt standard, analogous to

1d ago·IndustryDEVELOPING3 INDEPENDENT OUTLETS
Pentagon Adds ChatGPT Mil and Grok for Government to GenAI.mil, Extends AI Access to 3M Personnel

The Department of Defense has launched ChatGPT Mil and Grok for Government, custom military variants of OpenAI's ChatGPT and xAI's Grok, on its centralized GenAI.mil portal, extending generative AI access to 3 million civilian and military

1d ago·Policy2 INDEPENDENT OUTLETS
OpenAI Tests Outcome-Based Pricing, Billing Only for Completed Tasks

OpenAI has begun offering some major enterprise customers the option to pay only when its AI successfully completes a task, moving away from the standard token-based billing model that has defined the industry . Salesforce and other AI prov

1d ago·Industry2 INDEPENDENT OUTLETS
Together AI Taps HUMAIN Compute in Saudi Arabia, Bypasses US Data Center Resistance

Together AI, a San Francisco-based cloud platform for open-source AI models, announced a deal with HUMAIN, Saudi Arabia's state-backed AI company, to build a 250-megawatt data center in the kingdom . The partnership is expected to generate

1d ago·Industry2 INDEPENDENT OUTLETS
Z.ai H1 Revenue Hits $142M, Misses Own $200M Target by 29%

Z.ai, the Hong Kong-listed Chinese AI company, reported first-half 2026 revenue of 953.89 million yuan (approximately $142 million), a roughly 400% increase year over year, but fell short of its own $200 million projection by approximately

2d ago·IndustryUPDATED2 INDEPENDENT OUTLETS