The EuroHPC Joint Undertaking has signed a €387.8 million procurement contract with French vendor Bull to deliver LUMI-AI, a next-generation supercomputer announced August 31, 2026 as powered by AMD Instinct MI430X GPUs and 6th Gen AMD EPYC 256-core processors. The system will be installed at CSC – IT Center for Science’s new data center in…
OpenAI announced on August 31, 2026, that ChatGPT Ads has reached a $1 billion annualized revenue run rate less than 200 days after launch, and that self-service ad buying through Ads Manager would open later that day across India, Europe, the Middle East, and North Africa. Advertising is one pillar of OpenAI’s diversified business model,…
Probably Genetic has been awarded up to $10 million by the Advanced Research Projects Agency for Health (ARPA-H) to expand its AI platform for diagnosing rare genetic diseases, the San Francisco company announced on August 31, 2026. The award was made under ARPA-H’s Rare Disease AI/ML for Precision Integrated Diagnostics (RAPID) program, a federal effort…
Andreessen Horowitz said on August 31, 2026 that its Growth practice has closed additional capital, bringing the firm’s fifth Growth fund to a total of $8.5 billion. The firm disclosed the expansion in a post co-authored by David George, the general partner who leads its Growth investing team, and Raghu Raghuram, a managing partner and…
Fireworks AI on August 31, 2026 announced the general availability of its Training API and Fireworks Lab, opening its managed training and rollout infrastructure to ML teams that want to run custom training loops on open models. The Training API connects a customer’s own Python training loop to Fireworks-managed distributed compute, covering both the trainer…
Phil Marshall, Founder and CEO of Spoken, is a physician, inventor, technology entrepreneur, and science fiction writer whose career has spanned healthcare, digital media, artificial intelligence, and product innovation. Before launching Spoken in 2024, Marshall co-founded Conversa Health, a personalized patient engagement and conversational AI company that was acquired by Amwell in 2021 and became…
HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities, and KORA Systems Inc. announced a strategic engineering and co-development partnership on August 31, 2026, at LEAP 2026 in Riyadh to build HUMAIN OS, an enterprise-grade, AI-native Linux operating system, according to a company press release. The companies said they are demonstrating an early version of…
The Department of War launched OpenAI’s ChatGPT Mil on its GenAI.mil platform on August 31, 2026, adding a custom version of the chatbot accredited for Controlled Unclassified Information at Impact Level 5 and built to support more than 3 million Department personnel. The Department said the launch marks the adoption phase of an enterprise partnership…
The California Legislature gave final approval on August 30, 2026, to SB 813, legislation authored by Senator Jerry McNerney that would direct the Government Operations Agency to designate independent verification organizations — outside auditors qualified to assess the safety risks of AI systems and models. The bill now goes to Governor Gavin Newsom. The Assembly…
Carrick Capital Partners said on August 31, 2026 that it has closed a single-asset continuation vehicle for identity security company Saviynt with approximately $600 million in capital commitments, including a new $255 million investment that the firm described as the largest in its history. According to the announcement from the San Francisco and Newport Beach-based…