This week, DeepSeek-V3.1 dropped on Hugging Face. Media outlets immediately began citing benchmark scores that rival proprietary systems from OpenAI and Anthropic for a system that is available via a permissive license, facilitating wide access. The 685-billion parameter Mixture-of-Experts (MoE) model has 37 billion active parameters and is designed for efficiency. It builds on DeepSeek-pioneered processes like multi-head latent attention (MLA) and multi-token prediction (MTP) to optimize inference, enabling high-performance computing on both enterprise servers loaded with H100 GPUs and consumer hardware like a Mac Studio or comparably powered PC. Read more

In a major local television group consolidation move, Nexstar Media Group of Texas has reached an agreement to acquire a rival, Virginia-based Tegna, in a $22 per share cash transaction valued at $6.2 billion. The boards of both Nexstar and Tegna unanimously signed off on the deal, which is expected to close by the end of next year subject to FCC regulatory approval. The price includes Tegna debt and estimated transaction expenses and fees. Nexstar has more than 200 owned or partner stations while Tegna has 64. As a result of the consolidation, the combined company will have TV stations in nine of the top 10 U.S. markets. Read more

Japan’s SoftBank has committed to investing $2 billion in U.S. chipmaker Intel as the company struggles to gain traction in the exploding artificial intelligence space and catch up in the mobile market. SoftBank has agreed to purchase roughly 87 million Intel shares at $23 per share to become the company’s fifth or sixth-largest shareholder. The move comes as the Trump administration deliberates converting the U.S. government’s CHIPS Act grants into a 10 percent equity stake in the company as part of its effort to revive American semiconductor manufacturing. Such a deal would make the government Intel’s largest stakeholder. Read more

Meta Platforms has two headset prototypes that caused a stir at SIGGRAPH 2025 last week in Vancouver. Boba 3 features an ultrawide 180- degree horizontal by 120-degree vertical field of view, with 4K LCDs achieving 30 pixels per degree (PPD). Human vision is approximately 200×135 degrees, while the Quest 3 offers less than 110×96. The other device, Tiramisu, touts 90 PPD — 3.6x the pixel density of the Meta Quest 3 — and aims for “a new milestone for realism in VR.” The prototypes are the latest steps on Meta Reality Labs’ “mission to pass the visual Turing test” by creating “virtual experiences that are indistinguishable from the physical world.” Read more

Comcast NBCUniversal continues to lay the groundwork to spin most of its cable television assets off into a new publicly traded entity called Versant, announcing Monday that MSNBC will by year’s end be rebranded as MS NOW — short for “My Source for News Opinion and the World.” The channel’s new logo will no longer include the iconic Peacock, which remains part of the parent company’s NBC branding. The plans were shared in an internal memo from Mark Lazarus, the NBCUniversal Media Group chairman who has been chosen to run Versant as founding CEO. Read more