Sam's News β tech β 2026-08-27¶
Technology & Markets¶
8 Nvidia projects $673 billion in sales amid accelerating AI demand expansion¶
Nvidia projects $673 billion in annual revenue for fiscal 2028, representing 70% growth and driven by surging demand across AI and data center applications. CFO Colette Kress delivered the forecast on August 26, 2026βan unusual departure from the company's typical practice of not projecting this far ahead. Supply constraints in memory and components currently limit growth beyond this rate.
- $673 billion projected fiscal 2028 revenue
- 70% year-over-year growth rate
- Fiscal 2027 Q2 revenue: $96.2 billion, double year-earlier
- Data-center revenue up 117% to $89 billion
- Supply constraints on memory and components limit near-term ceiling
- Expanding customer base beyond hyperscalers to include regional AI companies and enterprises
Sources: for(geeks) AI Web Searched, Hacker News (front page) RSS
Tech¶
7 Meta settlement affects TikTok and YouTube under new kids safety rules¶
Meta reached a $17.1 billion settlement with 47 U.S. states and districts over child safety violations. Through full-page newspaper ads, Meta called on TikTok and YouTube to adopt the same protections, framing the agreement as establishing new industry standards. Neither competing platform has publicly responded.
- $17.1 billion settlement amount
- 47 U.S. states and districts involved
- Meta urging TikTok and YouTube to adopt same measures
- Settlement establishes industry standard for teen safety protections
Sources: The Verge AI Web Searched
6.5 Waymo criticizes camera-only autonomous driving approach¶
Waymo's VP of Onboard Software argues that cameras alone are insufficient for autonomous vehicle safety, in contrast to Tesla's approach.
Sources: The Verge RSS
6.5 Waymo and Zoox test drivers sustain injuries from autonomous vehicle hard braking¶
More than two dozen test drivers for Waymo and Zoox were injured in 2024 and 2025 from sudden vehicle movements, according to OSHA-submitted data.
Sources: TechCrunch RSS
6.5 AI boom hitting reset wall due to teaser period saturation¶
The artificial intelligence industry is encountering market resistance as initial enthusiasm from the 'teaser period' fades.
Sources: Hacker News (front page) RSS
Obituary¶
6.5 Yayoi Kusama, celebrated Japanese artist, dies¶
Yayoi Kusama, the renowned Japanese artist known for immersive infinity rooms and polka-dot installations, has died.
Sources: Hacker News (front page) RSS
Privacy & Surveillance¶
6.5 Americans destroy Flock traffic cameras in decentralized vigilante campaign¶
Residents across the United States are vandalizing and destroying Flock Safety cameras used for automated traffic enforcement and surveillance, citing privacy concerns.
Sources: The Verge RSS
Biotechnology¶
6.5 Engineered yeast converts plastic and biomass into food¶
Researchers have developed genetically engineered yeast capable of converting plastic waste and biomass compounds into edible food products.
Sources: Hacker News (front page) RSS
Security¶
6.5 ATF investigates major cybersecurity breach after ransomware gang claims responsibility¶
The U.S. Justice Department is investigating a significant cybersecurity incident at the ATF following claims by a ransomware group.
Sources: The Register RSS, The Record RSS
AI Development¶
6 OpenAI developing persistent AI agent that works proactively until deactivated¶
Code review reveals OpenAI is working on an AI agent feature that enables Codex to continue working independently until deliberately put to sleep.
Sources: Wired RSS