Groq grabs $350M at $3.5B valuation for AI cloud
August 17, 2026

Groq grabs $350M at $3.5B valuation for AI cloud

Groq’s new financing shifts it from an upstart chipmaker to a cloud operator with large capital needs. The company now has to go beyond showing LPU speed and start putting dependable compute into data centers.
Uber, Zipline eye 1 million daily drone deliveries
August 17, 2026

Uber, Zipline eye 1 million daily drone deliveries

Uber Technologies and Zipline said Monday they'll roll out drone delivery for Uber Eats in Dallas and Houston by late 2026. The companies set a big goal: hit one million autonomous deliveries a day before 2030.
ByteDance Agrees AI Copyright Safeguards for Seedance and Seedream
August 17, 2026

ByteDance Agrees AI Copyright Safeguards for Seedance and Seedream

ByteDance and the Motion Picture Association signed an agreement on Monday to strengthen copyright safeguards across the Seedance video and Seedream image generators. The pact follows six months of pressure from Hollywood over character and celebrity-likeness outputs.
Unitree ‘Superman’ robot hits 12.66 m/s ahead of Shanghai reveal

Unitree ‘Superman’ robot hits 12.66 m/s ahead of Shanghai reveal

Unitree Robotics showed off a new humanoid robot called “Superman” on Monday. The prototype hit 12.66 metres per second and managed a standing jump of two metres, according to the company. Unitree says it built the robot in just over three months.
August 17, 2026

Alibaba to Divest Lingxi Games Amid Jump in AI Expenses
August 17, 2026

Alibaba to Divest Lingxi Games Amid Jump in AI Expenses

Alibaba Group said it will sell Lingxi Games to Trustar Capital. Alibaba is turning its gaming unit into cash as it looks to boost spending on AI and cloud. Pricing is still unclear. Reuters reported Alibaba expects more than $2 billion, and The Wall Street Journal put the deal at over $1.5 billion.

Alibaba to Divest Lingxi Games Amid Jump in AI Expenses
August 17, 2026

Alibaba to Divest Lingxi Games Amid Jump in AI Expenses

Alibaba Group said it will sell Lingxi Games to Trustar Capital. Alibaba is turning its gaming unit into cash as it looks to boost spending on AI and cloud. Pricing is still unclear. Reuters reported Alibaba expects more than $2 billion, and The Wall Street Journal put the deal at over $1.5 billion.

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ByteDance Agrees AI Copyright Safeguards for Seedance and Seedream

ByteDance Agrees AI Copyright Safeguards for Seedance and Seedream

ByteDance and the Motion Picture Association signed an agreement on Monday to strengthen copyright safeguards across the Seedance video and Seedream image generators. The pact follows six months of pressure from Hollywood over character and celebrity-likeness outputs.
Alibaba to Divest Lingxi Games Amid Jump in AI Expenses

Alibaba to Divest Lingxi Games Amid Jump in AI Expenses

Alibaba Group said it will sell Lingxi Games to Trustar Capital. Alibaba is turning its gaming unit into cash as it looks to boost spending on AI and cloud. Pricing is still unclear. Reuters reported Alibaba expects more than $2 billion, and The Wall Street Journal put the deal at over $1.5 billion.
India’s Three Chip Plants Are Packaging First—Its Wafer Fab Test Comes Next

India’s Three Chip Plants Are Packaging First—Its Wafer Fab Test Comes Next

India has moved from semiconductor plans to commercial output at three plants. Prime Minister Narendra Modi said exports have also begun from the sites. He expects five to eight more facilities within seven to eight years.