wednesday, august 26, 2026
top 10 trending●previous 24h●generated 25d ago
Instinct AI, a one-year-old startup, raised $350 million in Series B funding at a $2.5 billion valuation. The round reflects significant investor interest in the company despite emerging privacy concerns around its technology.
- $350 million Series B at $2.5 billion post-money valuation
- Company is only one year old
- Rapid growth has generated substantial hype and investor attention
- Privacy concerns have emerged alongside the funding momentum
Nvidia reported Q2 revenue of $96.22 billion, more than doubling year-over-year, driven by record data center sales of $89 billion as AI chip demand surges. The company projects $108 billion in Q3 revenue and forecasts 70% sales growth next year, while defending financing arrangements with customers as low-risk investments.
- Q2 revenue reached $96.22 billion, exceeding Wall Street expectations by over $10 billion sequentially
- Data center revenue alone hit record $89 billion, more than doubling year-over-year
- Net profit more than doubled to $59.69 billion in the quarter
- Q3 revenue guidance set at $108 billion, positioning Nvidia as a $100B+ quarterly revenue company
- Company projects 70% sales growth for next year and characterizes customer financing deals as 'excellent' investments
Google announced Gemini 3.5 Transcribe, a new speech-to-text model that powers intelligent transcription across Google products including Chrome and Gboard. The model automatically removes filler words like 'ums' and 'ahs', detects specialized jargon, and supports over 85 languages with improved multilingual performance compared to its predecessor Chirp 3.
- Supports more than 85 languages with enhanced multilingual performance
- Automatically removes filler words ('ums', 'ahs') from transcriptions
- Detects specialized jargon and technical terminology
- Rolling out to Chrome, Gboard, and other Google products
- Represents major advancement over previous Chirp 3 model with lower wording error rates