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Thursday, 27 August 2026

Compiled with AI from public news sources. Folio is editorial commentary for commercial-awareness practice, not legal advice. Verify any detail against the linked sources before relying on it professionally.

All M&A Capital Markets Energy & Tech Regulation International AI & Law

Top Story/AI & Law

Nvidia Reports $96bn in Quarterly Revenue, Doubling Year-on-Year, as CEO Declares AI Has Reached Its 'Inflection Point'

Nvidia reported on Wednesday 26 August 2026 that it generated $96bn (approximately £71bn) in revenue during its second fiscal quarter, more than double the figure from the same period a year earlier and above Wall Street's consensus expectation of $92bn. The company's data centre division alone accounted for $89bn of that figure, a year-on-year rise of 117%, reflecting the continued scale of AI infrastructure investment by technology companies globally. CEO Jensen Huang declared that 'AI has reached its inflection point,' describing the global buildout of AI computing infrastructure as proceeding 'at full steam.' The company guided for revenue of $108bn in the third quarter, above analyst forecasts. Nvidia shares rose approximately 4% in after-hours trading following the results. Nvidia has used its financial position to fund some of the AI companies that rely on its chips, providing investment to OpenAI, Anthropic, and SpaceX. The company has also worked with BlackRock, Blackstone, KKR, Apollo, Brookfield, and Goldman Sachs to assemble a $500bn pool of capital for AI infrastructure financing, and inked a deal to build an 8-gigawatt data centre in Ohio. Nvidia is described as the world's most valuable company, with a market capitalisation above $5tn.

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Also Today

Canada Announces Retaliatory Tariffs of Up to 50% on $20bn of US Goods, Taking Effect 8 September 2026

CMA Launches Phase 1 Merger Inquiry into Brink's Company Bid to Acquire ATM Operator NCR Atleos, with a Decision Due by 22 October

Halfords Lifts Full-Year Profit Forecast to Between £55m and £65m After Heatwave Drives Unusually Strong Summer Trading

SRA Challenged to Explain Why It Requires Only Notification, Not Approval, for Law Firm M&A Deals

FCC Bans New Imported Solar Inverter Models, Handing SolarEdge Technologies Up to 41% Upside as UBS Upgrades to Buy

The U.S. Federal Communications Commission issued a ban in late July 2026 on new power inverter model imports, a critical component of solar panels, affecting approximately 50%…

“A U.S. regulator just rewired solar supply chains in favour of domestic suppliers.”

Bigger Picture

Sector Watch

AI Infrastructure Financing Surge

Nvidia's confirmation of $96bn in quarterly revenue and $89bn in data centre sales on Wednesday 26 August 2026 crystallises a structural trend that is now reshaping the financing and transactional market: the AI infrastructure buildout is generating deal flow across technology licensing, data centre project finance, and large capital pool structuring simultaneously. The $500bn financing pool assembled with BlackRock, Blackstone, KKR, Apollo, Brookfield, and Goldman Sachs is the clearest signal that AI infrastructure is now treated as an asset class requiring institutional capital structures, not just corporate balance sheets. For City firms, the convergence of technology, finance, and infrastructure in a single thematic creates cross-practice mandates of a kind not seen since the last major energy infrastructure cycle. Competition teams should also watch: a chip supplier that funds its own customers is a novel market structure regulators on both sides of the Atlantic have not yet fully tested.

One to Follow

The CMA's Phase 1 inquiry into Brink's Company's anticipated acquisition of NCR Atleos, covering UK cash management and ATM network infrastructure, remains open with no Phase 1 decision yet published.

If the CMA identifies substantial competition concerns in the UK ATM and cash logistics market, it could require structural remedies including divestments, generating significant merger control, regulatory, and potentially disputes work for firms advising in this space. The financial services classification and the policy sensitivity around cash access in underserved communities make this a higher-stakes inquiry than its headline profile currently suggests.

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