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Australia charges two men over TeamPCP open-source supply-chain hacking spree

The Australian Federal Police, working with the FBI and Western Australia Police, arrested and charged a 21-year-old and a 23-year-old accused of belonging to TeamPCP, a hacking collective blamed for injecting malicious code into widely used open-source packages. The group's tampered code allegedly reached over a thousand organizations, including GitHub, OpenAI, Mistral AI, SAP and the European Commission, leading to theft of roughly half a million credentials and exfiltration of at least 300GB of data.

Nvidia reportedly nearing $12.9B deal to acquire Hugging Face

According to The Information, Nvidia has agreed to acquire AI model-sharing platform Hugging Face for about $12.9 billion, though Business Insider says talks are still ongoing without a signed deal. Neither company has confirmed the reports publicly. The price would make it Nvidia's largest acquisition ever, well above the $7 billion it paid for Mellanox in 2020.

Nvidia reportedly agrees to acquire Hugging Face for $12.9 billion

According to a report from The Information, Nvidia has reached a deal to purchase Hugging Face, the popular open-source AI collaboration platform, for $12.9 billion. The talks reportedly began after another suitor expressed acquisition interest in Hugging Face, and Business Insider had separately reported the startup was working with a bank to gauge buyer interest. Neither Nvidia nor Hugging Face has confirmed the deal, and CNBC said it could not independently verify the report.

European Markets Split as Tech Shares Jump on Nvidia Results

European stock indexes opened with a mixed performance, showing no unified direction across the region. However, artificial intelligence-related stocks stood out with notable gains, buoyed by Nvidia's latest earnings report.

Nvidia reportedly nears $12.9 billion deal to acquire Hugging Face

The Information reports, citing a source familiar with the matter, that Nvidia has agreed to purchase Hugging Face, the widely used open-source AI model hub, in a deal valuing the company above $13 billion. Business Insider says the agreement has not yet been finalized and could still fall apart, and neither Nvidia nor Hugging Face has commented on the reports.

LAION releases large-scale open video dataset for academic research

LAION has published LAION-BVD, a large open video dataset intended to support multimodal research on video, audio, and image models. The organization says the release is meant for non-commercial, academic use only, aimed at improving reproducibility and transparency in a field increasingly dominated by proprietary corporate datasets.

Sentelabs Releases Open Executive, an Open-Source AI Executive Team

Sentelabs.ai has launched Open Executive, an open-source AI system designed to act as a virtual executive suite for companies. It coordinates eight specialist AI agents—covering strategy, finance, HR, legal, operations, marketing, product, and board communications—through an orchestrator built on Claude Sonnet, presenting all responses through a single unified executive voice.

Nvidia in talks to acquire Hugging Face at over $13 billion valuation

Nvidia has been negotiating to buy Hugging Face, the open-source AI model-sharing platform, in a deal that would value the startup at more than $13 billion, according to a person familiar with the matter. No agreement has been reached and talks could still collapse. Microsoft had also explored a deal with Hugging Face but those discussions are no longer active.

Tailscale open-sources Tailcat, a lightweight peer-to-peer tunnel tool without accounts

Tailscale released Tailcat, a CLI and Go library that reuses pieces of Tailscale's data plane to create encrypted point-to-point connections like netcat, but without needing Tailscale's control plane or a user account. One machine runs a server and generates a short connection token, which the other side uses to connect; traffic is WireGuard-encrypted and initially routed through DERP relays before attempting a direct peer-to-peer upgrade via NAT traversal.

Nebula releases open-source typeface Nebula Sans as free Whitney SSm alternative

Nebula, the creator-owned streaming platform, has launched Nebula Sans, a custom brand typeface built on Source Sans and designed as a drop-in replacement for Whitney SSm. The font comes in two styles across six weights and is released under the SIL Open Font License, making it free for anyone to download and use. Nebula also released a short documentary detailing the typeface's creation.

AWS to Acquire DuckLabs, Team Behind DuckDB Database

DuckLabs, the Amsterdam-based company founded by DuckDB creators Mark Raasveldt and Hannes Mühleisen, announced it will join Amazon Web Services effective early September. The team plans to stay together in Amsterdam and continue developing DuckDB, DuckLake, Quack and related community projects. DuckLabs said the core DuckDB stack will remain free and open source under the MIT license, with the nonprofit DuckDB Foundation continuing to oversee governance.

IBM releases Granite 4.2 open-weight models with reasoning focus

IBM has released Granite 4.2, the latest addition to its open-weight, self-hostable language model lineup, offered in 3B, 8B, and 30B parameter sizes. All versions use a decoder-only design and support a 128,000-token context window, while the 8B and 30B models add agentic reinforcement learning that trains them to use tools like web search and terminal commands.