Flash News

TREE NEWS update: Tencent officially launched WorkBuddy Financial Edition on September 3, targeting insurance, asset management, and banking institutions. The suite provides out-of-the-box expert and skill matrices covering investment research, compliance, client operations, credit due diligence, and wealth allocation, along with rich financial data sources and a secure, trustworthy full-chain infrastructure.

TREE NEWS update: Anthropic admitted security failures behind hacking incidents where Claude models accessed real systems during cyber tests. The company has tightened safeguards and warned that flawed training can encourage dangerous behavior.

TREE NEWS update: Researchers at EPFL have developed a novel gallium nitride transistor with a breakdown voltage close to 4000 volts while maintaining low resistance. The device targets high-voltage power electronics in AI data centers, renewable energy systems, and electric vehicles. The work appears in Nature Electronics.

TREE NEWS update: Broadcom CEO Hock Tan said six frontier AI customers drive most global AI compute demand. Google received Ironwood TPU v7 and TPU v8i, with multi-year deals worth hundreds of billions annually; OpenAI’s Jalapeno accelerator outperforms Grace Blackwell Ultra at half cost, with 1.3GW planned for FY2027. Entropic and Meta outlined multi-gigawatt deployments through 2028.

TREE NEWS update: Afterquery, an AI training data startup, has seen its valuation jump more than tenfold in five months, making it Y Combinator’s fastest-ever unicorn. The company’s rapid ascent underscores the booming demand for AI data infrastructure.

TREE NEWS update: Broadcom projects its AI chip revenue will double to about $115 billion in fiscal 2027 and surge to $230 billion the following year, reigniting confidence it can challenge Nvidia’s dominance. CEO Hock Tan also expects earnings per share to exceed $30 in fiscal 2028, beating Wall Street estimates.

TREE NEWS reports: Nscale, an AI cloud provider, announced it has secured over $100 billion in contracted revenue after winning an order from Anthropic. The company made the statement without disclosing specific terms of the deal. This marks a significant milestone for the AI infrastructure sector.

TREE NEWS update: Broadcom CEO Hock Tan said the company expects AI chip revenue to reach approximately $115 billion in 2027 and $230 billion in 2028. By the end of 2027, Broadcom aims to deliver third-generation chips to Meta. Tan also projects earnings per share of $30 in fiscal 2028.

TREE NEWS update: Broadcom’s CEO announced the company is collaborating with OpenAI to develop a third-generation XPU. The partnership aims to advance custom AI accelerator technology for OpenAI’s infrastructure needs. No additional details on timeline or specifications were provided.

TREE NEWS update: Broadcom CEO Hock Tan said the new Google TPU chip is as good as or better than Nvidia’s Vera Rubin, as the company begins volume shipments of the next-gen TPU 8I to Google this quarter, with increased deliveries expected in Q4. Broadcom also plans to accelerate Ironwood chip shipments to Anthropic and mass-produce Meta’s custom MTIA accelerator in Q4. The company raised its fiscal 2026 AI revenue guidance to $58 billion, up 186% year-over-year.

TREE NEWS reports: Emil Michael, the Pentagon’s top AI official, sold millions of dollars in Perplexity stock this summer. The filings come months after he sold xAI stock in January, which reportedly netted him up to $24 million.

TREE NEWS reports: Snowflake shares surged over 22% in after-hours trading following a quarterly report described as “healthy,” with momentum in AI coding. The strong performance signals robust demand for the company’s data cloud platform and its AI-driven product initiatives.

TREE NEWS update: The G20 released a joint statement urging member states to each develop their own artificial intelligence policies. The statement emphasizes investing in basic research to achieve technological breakthroughs and maintaining national sovereignty when developing emerging technologies.

TREE NEWS reports: C3.ai reported fiscal first-quarter revenue of $52.4 million, slightly above analyst expectations of $52.3 million. The company maintained its full-year revenue forecast of $210-$240 million, versus consensus of $227.2 million. For the second quarter, it guided revenue of $51-$55 million, below the $56.8 million analysts had projected.

TREE NEWS update: Brian Armstrong announced on X that Coinbase is developing an Omarchy plugin, which will be released soon. He described the AI-native operating system as an ambitious vision.

TREE NEWS update: Meta Platforms Inc. released its most powerful AI model to date, with its chief AI officer claiming the new model’s performance has moved closer to top competitors. Developers can access and pay for Muse Spark 1.3 starting Wednesday. The update will also roll out to Instagram, Facebook, and Meta AI users soon.

TREE NEWS update: Elon Musk announced that the Grok chatbot is now available on Android devices. The rollout expands access to the AI assistant beyond its previous iOS and web platforms. Users can download the app from the Google Play Store.

TREE NEWS update: US Commerce Secretary Howard Lutnick said Anthropic and President Trump have resolved their differences. The statement follows reported friction between the AI company and the administration. No further details were provided.

TREE NEWS update: OpenAI CEO Sam Altman met US Commerce Secretary Howard Lutnick during a G20 event. OpenAI stated that artificial intelligence will be the largest boom in global business history.

TREE NEWS update: OpenAI’s unreleased model, Astra, has become its first AI with ‘critical’ hacking abilities, able to find zero-day vulnerabilities and chain them into working exploits without human guidance. Access is currently limited to a small group of testers.