Top of the Hour — 11:00 AM · Tue Aug 25, 2026
Tuesday, August 25: Nvidia moves to take an equity stake in Perplexity at a $30B-plus valuation, extending its chip-to-application investment strategy; fresh AI funding, model, and policy developments round out the hour. In this hour: Nvidia in Talks to Back Perplexity at $30B-Plus — Revenue Has Tripled · OpenAI Flags Massachusetts AI Bill as a Risk Factor With September Listing in View · Gemma Hits One Billion Downloads — Google Launches Ecosystem Repository to Manage the Sprawl · Alibaba-Backed Robot Firm Eyes $3B Valuation in New Funding Round.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.