25 August 2026

Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+ (Bloomberg)

Bloomberg:
Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+  —  Lambda Inc., an AI cloud-computing provider backed by Nvidia Corp., is in talks to raise as much as $3 billion in a round that could tee …

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Sources: Apple is about to launch a new Mac mini, potentially before its September iPhone event; Apple has tested versions with M5 and M6 (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple is about to launch a new Mac mini, potentially before its September iPhone event; Apple has tested versions with M5 and M6  —  Apple Inc. is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter.

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OpenAI restores 5-hour Codex and Work limits for ChatGPT Plus users, after weeks without the restriction, saying it would smoothen the load on its compute (Marcus Mendes/9to5Mac)

Marcus Mendes / 9to5Mac:
OpenAI restores 5-hour Codex and Work limits for ChatGPT Plus users, after weeks without the restriction, saying it would smoothen the load on its compute  —  Following several weeks during which ChatGPT users were subject only to a weekly usage cap, OpenAI announced today that it is restoring …

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Researchers detail the growing use of AI in cyberattacks across many Chinese state-linked groups, primarily using open-weight models like Kimi K3 and DeepSeek (Mark Anderson/Bloomberg)

Mark Anderson / Bloomberg:
Researchers detail the growing use of AI in cyberattacks across many Chinese state-linked groups, primarily using open-weight models like Kimi K3 and DeepSeek  —  Chinese hackers are ramping up attacks after integrating DeepSeek and other open-source artificial intelligence models into their operations …

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Quintessent, a startup making optical interconnects for data centers, raised a $40M Series A led by Cycle Capital, following its $11.4M seed round in 2024 (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE:
Quintessent, a startup making optical interconnects for data centers, raised a $40M Series A led by Cycle Capital, following its $11.4M seed round in 2024  —  Optical interconnect startup Quintessent Inc. today announced that it has raised $40 million in funding to ramp up production of its hardware.

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