A Eye on AI - August 31, 2026, 12 PM Eastern

Nvidia Invests $3.5B in MediaTek; EU Labels ChatGPT 'Very Large'

Z.ai Revenue Surges 400%; Instagram Limits Unlabeled AI Influencers

China's Sunrise Raises $280M; MiniMax Boosts Alibaba Cloud Spending

A Eye on AI - 12:30 PM

Nvidia invests $3.5 billion in MediaTek to expand its chip ecosystem, while EU designates ChatGPT, Reddit, and Roblox as 'Very Large' under the DSA. Z.ai reports 400% revenue growth, and Instagram limits reach of unlabeled AI profiles. Also: Sunrise raises $280 million and Qianxing Intelligence brings robot combat to arcades.

Sources:

- TechCrunch AI: https://techcrunch.com/2026/08/31/nvidias-3-5b-mediatek-bet-reveals-its-plan-for-tackling-big-techs-ai-chip-buildout/

- The Verge AI: https://www.theverge.com/podcast/986661/ny-gov-kathy-hochul-ai-data-centers-ban-3d-printed-guns-flock-cameras

- The Verge AI: https://www.theverge.com/ai-artificial-intelligence/986682/openai-chatgpt-eu-dsa

- SCMP — Business (Greater China): https://www.scmp.com/tech/big-tech/article/3365870/chinas-zai-revenue-jumps-400-total-losses-narrow-explosive-cloud-gains?utm_source=rss_feed

- TechNode: https://technode.com/2026/08/31/sensetime-spinout-sunrise-reportedly-raises-rmb2-billion-at-rmb20-billion-valuation/

- TechNode: https://technode.com/2026/08/31/minimax-raises-alibaba-cloud-spending-ceiling-to-1-2-billion/