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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: NVIDIA Crushes Quarter and Buys Hugging Face | OpenAI Cuts Off Cursor | Instinct Hits $2.5BN Valuation and The Race for AI Assistants | Cognition Raises at $46BN, Linear $2.5BN and Clay $7BN

Sep 3, 2026 · 01:17:40
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✨ AI Summary
  • Nvidia reports a $96.2B quarter, nearing a $12.9B Hugging Face acquisition.
  • OpenAI's actions against Cursor and a 1,000-agent cyberattack highlight AI industry shifts.
  • AI assistants like Instinct ($2.5B valuation) and coding agents like Cognition ($1.6B ARR) are booming.

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