Flash News

TREE NEWS update: The Pentagon has confirmed that Anthropic remains listed as a supply chain risk. The designation, which was previously reported, continues to classify the AI company as a potential security concern for government procurement. No further details were provided in the brief statement.

TREE NEWS update: Nvidia agreed to acquire Hugging Face for $12.93 billion, gaining a platform used by over 18 million developers to share and deploy AI models. The deal marks Nvidia’s push into AI software, expanding beyond its core chip business.

TREE NEWS update: A symposium on web film creation was held, discussing creative practices, business model innovation, and policy support. Attendees urged filmmakers to uphold correct values, diversify content, and optimize the ecosystem, while emphasizing the rational use of AI as a creative tool and partner to enhance quality and efficiency.

TREE NEWS update: Hugging Face CEO announced that the company’s three founders and the entire team will join Nvidia. The move signals a major talent acquisition by the chip giant, though financial terms were not disclosed.

TREE NEWS update: Jensen Huang, CEO of Nvidia, called it an exciting day for Nvidia and Hugging Face, noting that Nvidia is Hugging Face’s largest data contributor. The comment underscores the deepening collaboration between the AI chip giant and the AI community platform.

TREE NEWS update: NVIDIA has agreed to acquire Hugging Face for $12.93 billion. The deal, reported on March 25, marks a major consolidation in AI infrastructure, giving NVIDIA control over a leading platform for open-source AI models and datasets. The acquisition is expected to close later this year, subject to regulatory approvals.

TREE NEWS update: Moore Threads said its supply chain and production capacity align with business development needs, and it has completed the full-chain pipeline for embodied intelligence training and deployment. Chairman Zhang Jianzhong said at a semi-annual results briefing that the company trained a 236B-parameter MoE foundation model from scratch on its MTT S5000 AI clusters, and completed end-to-end training of frontier models including the RoboBrain2.5 embodied brain and EvoPhys-World 5D world model.

TREE NEWS update: New York City schools will impose a one-year moratorium on generative AI tools, affecting nearly 600,000 students. Five named vendors will continue metered pilots in high schools during the ban.

TREE NEWS update: Guangdong province has added one new generative AI service to its registration list, bringing the cumulative total to 194 registered services. The update reflects the province’s ongoing oversight of AI deployments under national filing requirements.

TREE NEWS update: OpenAI CEO Sam Altman said the government is reviewing the production process of the Astra large language model. The statement was made in a recent interview, though details of the review were not disclosed. The review highlights growing regulatory scrutiny of advanced AI systems.

TREE NEWS update: The 2026 Inclusion·Outer Bank Conference will be held from September 9 to 12 at the Shanghai Huangpu Expo Site. Under the theme ‘Co-creating the New AI Economy,’ the event will feature one main forum and over 40 insight forums, focusing on how AI can be transformed into new productivity and economic opportunities.

TREE NEWS update: GitLab (NASDAQ: GTLB) shares surged over 16% in after-hours trading after reporting fiscal Q2 revenue of $286.3 million, up 21.3% year-over-year and beating consensus of $273.1 million. Adjusted EPS of $0.24 topped estimates of $0.18, and the company raised its full-year revenue guidance to $1.131 billion. Record gross bookings and a rebound in net revenue retention to 117% eased fears that AI coding tools would erode demand for DevSecOps platforms.

TREE NEWS update: Researchers at EPFL have developed a gallium nitride transistor with a breakdown voltage near 4000 volts while maintaining low resistance, surpassing commercial devices by five times. The device could be used in AI data centers, renewable energy systems, and electric vehicles. The findings were published in Nature Electronics.

TREE NEWS update: On September 2, Tencent launched its WorkBuddy open platform, with the Tencent Self-Select Stocks app among the first 30+ industry applications to join its ecosystem. The app leverages Tencent’s proprietary industry expertise and mature investment research frameworks, integrating real-time market data for A-shares, Hong Kong, and US stocks, along with vast financial news, to provide investment research and analysis support.

TREE NEWS update: Tmall has officially launched an AI Space Station (Token Top-up Center), allowing users to directly purchase subscription products from major domestic large-model providers. The center offers services from Alibaba Cloud, Zhipu, Kimi, and MiniMax, with products including periodic subscription plans like Token Plan and Coding Plan, as well as pay-as-you-go options, supporting card key or direct top-up delivery.

TREE NEWS update: Anthropic has upgraded the computer-control features of Claude Cowork and Claude Code, allowing the AI to operate a user’s Mac in the background. On macOS 15 and later, Claude can perform clicks, typing, and navigation via screen interaction while the user handles other tasks, with an option for full control in settings. The feature serves both Cowork (knowledge work) and Code (development) and is currently limited to Pro and Max individual subscribers.

TREE NEWS update: Hyperscale Data has ended its Bitcoin mining operations in Michigan, with its BTC holdings falling about 79% since late July to 215 BTC. The company is redirecting capital toward its Michigan AI data center.

TREE NEWS reports: Broadcom reported FY2026 Q3 revenue of $29.591B and adjusted EPS of $3.32, both beating consensus. AI semiconductor revenue surged 221% year-over-year to $16.7B, accounting for 56% of total revenue. However, Q4 revenue guidance of $34.8B missed estimates of $35.03B, while AI semiconductor guidance of $21.7B beat expectations. Management guided FY2027 AI revenue to double to $115B and FY2028 to $230B.

TREE NEWS update: Meta Platforms (META.O) executives Maher Saba and Santosh Janardhan issued an internal memo on Tuesday updating expectations for engineers, stating they will not use AI adoption dashboards or token usage to evaluate employee impact. The memo notes that 93% of code modifications are now assisted by AI agents, but stresses that adopting AI is not an end in itself.