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Asian shares slipped on Monday, August 24, as investors worried about rising AI hardware costs. Alibaba started a share sale to raise HK$80 billion for global AI competition. Meanwhile, Nvidia may raise prices on future systems. Markets now wait for Nvidia’s earnings and the US Federal Reserve’s annual gathering ahead.
Wall Street is counting on Nvidia to keep the AI party going as the chip maker supports massive data-center projects. Brian Mulberry said, “It’s kind of becoming more and more like the World Cup final than the Super Bowl at this point.” Nvidia now faces pressure to beat high earnings expectations.
AI agents are set to transform how companies work, search and make decisions. Business leaders said strong governance and human accountability are critical when using these systems. Verena Siow from SAP noted, "You can automate a process, but you cannot automate leadership." Companies must ensure clean data before scaling up.
India’s new Pralay missile is changing tactical warfare with its unique quasi-ballistic design. Unlike traditional missiles, it can change direction mid-flight to dodge enemy radars. Designed by DRDO, this weapon carries heavy warheads up to 500 kilometres. It gives commanders a powerful way to strike high-value targets with great precision.
Nvidia customers got news that prices for AI servers will rise by over 15% starting early next year. Bloomberg said the hikes affect systems with Grace Blackwell and Vera Rubin chips. Many companies building these servers already told their clients about the change as memory chip costs keep going up.
Made-in-India semiconductor chips are now powering key Indian space missions. Union Minister Ashwini Vaishnaw said, "Made in India chips are powering Indian Space Missions." Components from Mohali’s Semiconductor Laboratory support Chandrayaan-3 and Aditya-L1. These indigenous processors also help satellite launch vehicles, as India builds more self-reliance in space exploration technology.
Flock Safety CEO Garrett Langley said the country needs to find a "compromise" between privacy and safety amid growing backlash. The company faces criticism after reports showed police used its cameras for unauthorized purposes. Politicians from both parties now want to stop the mass use of these surveillance tools.
Arunika Yadav worked during a six-hour train journey to Mysore by using three SIM cards. She carried Airtel, Jio, and BSNL cards to ensure steady internet access. "If one disappears, the other has to be there," she said. She also used a separate phone to keep her laptop connected.
The $3,200 Dreame A3 AWD Pro uses LiDAR navigation to mow lawns without needing satellite signals. It handles steep inclines well, though its high price makes it a tough sell for smaller yards. Once you set a schedule, this capable robot mower offers many features that competitors often lack.
Bloomberg reporter Mark Gurman shared new details about Apple’s upcoming iPhone launch plans and a major AirPods leak. A macOS update accidentally showed camera-equipped AirPods. Gurman also noted that Apple’s rumored foldable phone impressed people with its hinge and screen layout, even though it lacks a telephoto camera lens.
Faraday, an AI agent built by DeepMind alumni, beat OpenAI’s GPT-5.5 in research tasks. Inherent co-founder Edward Hughes said, "We're always guided by that north star of building an AI scientist agent and imbuing our agents with taste." The London team now plans to grow its staff to 25 by year-end.
OpenAI said it wants to work with California lawmakers to strengthen the SB 53 safety bill. The company said, "As California continues to lead on frontier safety, we are committed to working with the California legislature and the Governor." This shift follows recent security incidents that showed new risks emerged.