The day in tech.

Nvidia is in talks to invest in Perplexity at a valuation of $30 billion or more, after weighing a tech licensing deal and staff hires. Perplexity has surpassed $750 million in annual recurring revenue.

Term Finance permanently closed its Meta Vaults after an attacker drained roughly 2,843 ETH and 1.68 million USDC, totaling about $8.5 million. The exploit removed nearly all Ethereum deposits, representing 68% of the $12.45 million held before the attack.

The UK statistics agency is turning to artificial intelligence to cut costs and improve data quality. The agency will apply AI tools across its statistical production processes to reduce expenses and enhance accuracy.

IBM and the USTA introduced new AI-powered fan experiences for the 2026 US Open. The company announcement details features designed to enhance the spectator experience at the tennis tournament.

The United States is widening its artificial intelligence investment lead over Europe. The gap reflects diverging capital flows and corporate spending priorities between the two regions. European markets face increasing pressure to accelerate AI funding.

AI is coming for your glasses. The technology is being integrated into eyewear, adding digital features to traditional frames. This shift brings smart capabilities directly to the user's face, changing how people interact with daily information.

Picture-perfect AI-generated resumes are pushing companies back to skills tests and employee referrals, according to Bloomberg. Hiring managers increasingly distrust polished applications, relying instead on verified assessments and personal networks to filter candidates. The shift reflects growing difficulty in evaluating job seekers.

Stablecoin neobank Fasset reached a $1 billion valuation as SBI backed its payments expansion. The funding supports Fasset's push into stablecoin-based payment services, strengthening its position in digital finance.

AI researcher Luke Metz joined Meta's Superintelligence Labs, reporting to Alexandr Wang. Metz returned to OpenAI from TML earlier this year before moving to Meta. The move was confirmed by a source familiar with the matter.

Leaks indicate Samsung's Galaxy S27 Ultra will adopt a camera bar design previously planned for the canceled Galaxy S26 Edge, possibly in two sizes. The design features two left-side lenses, a third in a pill, and a full plateau. Colorways include black, white, blue, purple, and pink.