Last Week in Tech – Nvidia Doubles, Meta Pays $18 Billion, and the Musk–Altman Feud Reaches Your Code Editor

Your Monday roundup of the technology and security stories that mattered to Australian businesses in the week of 24–30 August 2026.

In this episode:

• Nvidia's record quarter (26 Aug). Revenue US$96.2bn, up 106% year-on-year; data centre US$89bn (~93% of the company); Q3 guided to ~US$108bn and CFO Colette Kress forecasting ~70% growth for fiscal 2028. What an accelerating AI capex cycle means for your cloud pricing and FY27 budget.
• - Meta's teen-harm settlement (26 Aug). Up to ~US$17bn — Meta itself puts it at ~US$18bn over ten years, ~US$12.7bn guaranteed — settling the multistate lawsuit filed by 33 state attorneys-general, without a finding of liability, but with enforceable product cha ...