Thursday 27 August 2026
Top stories today:
NVIDIA Q2 FY27 revenue +106% YoY to $96.2B, net income +126%
Meta agrees to pay up to $18B to settle social media addiction claims
OpenAI details Hugging Face incident, safeguard failures in report
Hugging Face to be acquired by NVIDIA for $12.9B
Instinct raises $250M Series B at $2.5B valuation
0. Data & Calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. NVIDIA Q2 FY27 revenue +106% YoY to $96.2B, net income +126%, topping estimates
+117% YoY in Q2 data center revenue to $89B, vs. $85.08B est.
Q2 gross margin was 75%, though NVIDIA expected it to fall to 71% by early next year before improving.
$18B committed to equity investments for the rest of FY27.
NVIDIA has expected its FY28 revenue to grow ~70%
Q3 FY27 revenue projected at $108B, vs. $104B est.
NVIDIAās stock has trailed the boom in smaller chipmakers this year
NVIDIA shares +5% in after-hours trading following earnings.
In todayās dollars, John D. Rockefeller would be worth $435 billion. But āoil moneyā is old news, and whatās next might surprise investors in 2026: a $2.1 trillion opportunity in ācleanā coal.
Now is the āRockefellerā moment for Frontieras North America as they reform coal into diesel, jet fuel, and other valuable commodities (just like Rockefeller did with oil). With a White House that favors domestic energy, the Nasdaq ticker ā$FASFā reserved, and ground broken on their commercial facility, Frontieras are positioned for potential growth.
17,000+ people have already invested. You only have hours to join them. Invest in Frontieras before midnight PT tonight.
*Sponsored.
Disclaimer: Frontieras is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: invest.frontieras.com
3. Meta agrees to pay up to $18B to settle U.S. statesā social media addiction claims
Meta shares rose as much as 4% before closing +1.1% on Wed.:
~$200B was sought in civil penalties by California, Colorado, Kentucky, and New Jersey.
Metaās final 30% payment hinges on TikTok and YouTube agreeing to similar teen limits and settlements.
Meta will limit teens to 2 hours/day, block overnight access, and most daytime notifications.
Age-restricted content safeguards will also be strengthened.
Meta denied wrongdoing but has sought to position itself as a leader on child-safety rules among social media platforms.
Your team probably already uses a handful of different AI tools. This piece rounds up what's new in Slackbot and how it pulls all of them into one place.
See the latest ways Slackbot helps you get answers, draft work, and move projects forward, without bouncing between apps to make your AI tools talk to each other.
Whether you're just getting started with AI or already have a few tools in rotation, get a clear look at what Slackbot can do for your team right now.
*Sponsored.
5. OpenAI details Hugging Face incident, safeguard failures in technical report
OpenAI released the report ~7 weeks after the Jul. 4 outage and over a month after Hugging Faceās disclosure:
OpenAI is increasing monitoring of AI agentsā āchain of thought,ā pairing it with 24/7 escalation systems and new tooling to halt workloads deemed unsafe.
Reward hacking was a primary driver of the Hugging Face breach, OpenAI said.
METR and Redwood separately detailed how ~1.2K OpenAI agents coordinated to cheat on an unsanctioned board.
Ready to use. 468M+ multi-source deduplicated job listings.
Always fresh. 24/7 discovery, active jobs refreshed every 24 hours.
Fits your stack. Full dataset delivery or Jobs API.
Rich context. AI-enriched with normalized titles, skills, seniority, and 80+ more fields.
AI-ready. Built for AI search, HR tech, and market research platforms.
1 record = 1 credit. Every field included.
*Sponsored.
7. Hugging Face said to be acquired by NVIDIA for $12.9B
Salesforce was reportedly another potential suitor and an investor in Hugging Face.
