TrendForce: for a 256GB iPhone Pro model, Q3 memory costs are forecast to be ~400% higher than a year prior but Apple won't pass on the full cost to customers (Ben Lovejoy/9to5Mac)

Nvidia has agreed to acquire Hugging Face for $12.9 billion to expand its AI software presence. Simultaneously, Microsoft is restructuring its reporting into two segments, Agents and Infra, while disclosing that Azure revenue grew 42% to $29.42 billion. Additionally, Google launched Gemini 3.8 Flash Cyber, which reportedly outperforms Claude Opus 5 and GPT-5.6 Sol on specific benchmarks.