Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion

Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion
Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion
August 19, 2026  |  Investments

Nvidia has discussed participating in a funding round that would value Mercor, a data labeling provider that supplies data that helps the chip designer develop open-source models,...

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Hyundai Cuts Crash Test Review Time by 90% With AI
Hyundai Cuts Crash Test Review Time by 90% With AI
August 19, 2026  |  Artificial Intelligence

Hyundai Motor Group said in an Aug. 12 press release that artificial intelligence (AI) has cut the time its engineers spend searching for and reviewing...

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OpenAI CFO Tells Employees Public Debut Coming by 2027
OpenAI CFO Tells Employees Public Debut Coming by 2027
August 19, 2026  |  Artificial Intelligence

OpenAI “will be a public company in 2027,” if not sooner, Chief Financial Officer Sarah Friar told employees Wednesday (Aug. 19) during an all-hands meeting,...

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Carvana Shares Rebound as Mark Walter Selloff Fears Ease
Carvana Shares Rebound as Mark Walter Selloff Fears Ease
August 19, 2026  |  eCommerce

Carvana shares climbed as much as 9.3% Wednesday (Aug. 19), after dropping 14% over the previous two days, when a report said billionaire Mark Walter...

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Reusable FinTech Certification Could Streamline Bank Due Diligence
Reusable FinTech Certification Could Streamline Bank Due Diligence
August 19, 2026  |  Bank Regulation

Banks repeatedly perform similar due diligence on technology providers, and an industry-standards effort involving the federal regulators would make portions of that work reusable across...

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Home Depot and Lowe’s Battle Over the Housing Market’s Maintenance Economy
Home Depot and Lowe’s Battle Over the Housing Market’s Maintenance Economy
August 19, 2026  |  Earnings

Second quarter results from Home Depot and Lowe’s offer perhaps the clearest evidence yet of how a prolonged period of elevated mortgage rates is changing...

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CFTC Prepares to Draft Rules for Trading Compute Derivatives Contracts
CFTC Prepares to Draft Rules for Trading Compute Derivatives Contracts
August 19, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) is seeking comment on the listing of compute derivatives contracts as it prepares to establish the “gold standard” for...

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OpenAI Halts Frontier AI Training After Cybersecurity Alarm
OpenAI Halts Frontier AI Training After Cybersecurity Alarm
August 19, 2026  |  Artificial Intelligence

OpenAI told the public on Tuesday that it is deliberately slowing down. “As models become more capable, the risks associated with developing and testing them...

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Rain CEO Says Merchants Receive Stablecoin Payments Without Knowing It
Rain CEO Says Merchants Receive Stablecoin Payments Without Knowing It
August 19, 2026  |  Blockchain

With stablecoins increasingly moving through existing payment networks, many merchants don’t know they are receiving stablecoin payments, Rain CEO Farooq Malik told The Block, according to a report posted Wednesday (Aug. 19)....

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