Alibaba AI Models Hit 3 Billion Downloads, Passing Meta, Google
Alibaba's open-weight AI models exceeded 3 billion global downloads in six months, surpassing Meta, Google, and other competitors to become the world's leading AI model. The achievement marks Alibaba's position as the top provider of downloaded artificial intelligence models globally.
Read full story →Anthropic’s quarterly revenue passed $11.5bn, up more than 14-fold
Anthropic's second-quarter revenue exceeded $11.5 billion, representing more than 14-fold growth from $787 million in the prior year. The company also reported positive adjusted operating income as it prepares for a public listing.
LG’s humanoid robot arrives in 2027, running Nvidia’s Isaac GR00T
LG will release a bipedal humanoid robot in Q1 2027 powered by Nvidia's Jetson Thor processor and Isaac GR00T foundation model. The companies signed their agreement at Nvidia's Santa Clara headquarters on August 13.
AMD raises $4.75bn in its biggest ever bond sale
AMD sold $4.75 billion in bonds across four tranches with maturities ranging from three to ten years. The company held $13.1 billion in cash against $3.2 billion in debt at the end of June and has committed up to $5 billion to Anthropic.