Tag: nvidia

Nvidia reportedly plans a $13 billion Hugging Face deal, gaining influence over open AI models, developers and the future of the AI chip market. (REUTERS)
Posted in Business

Nvidia-Hugging Face deal: Why the reported $13 billion AI acquisition matters

Nvidia is reportedly planning a $13 billion deal for Hugging Face. Nvidia Corp. has reportedly agreed to spend about $13 billion to acquire Hugging Face,…

Continue Reading
SK Hynix will buy back $28.61 billion in shares as AI memory demand stays strong, while investors watch chip prices, AI spending and shareholder returns. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Why is SK Hynix buying back $28.61 billion in shares amid the AI boom?

SK Hynix said on Wednesday that it will buy back and cancel treasury shares worth 40 trillion won, or $28.61 billion. The South Korean chipmaker…

Continue Reading
AI Leadership
Posted in Business

Milestones, dual messaging, untrustworthy AI and vibes

One year ago, we sent out the very first edition of HT Neural Dispatch. Our goal was simple: we wanted to build something that didn’t…

Continue Reading
Apple overtakes Nvidia as the world's most valuable company after AI chip stocks fall (AFP)
Posted in Business

Apple overtakes Nvidia to become world’s most valuable company as AI chip stocks slide

Apple became the world’s most valuable company on Monday, overtaking Nvidia after the stock market closed. This is the first time since April 2025 that…

Continue Reading
For representational purposes only. (REUTERS)
Posted in Business

Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation

Days after a number of artificial intelligence (AI) companies came together in support for open-weight models, Anthropic has weighed in on why they didn’t join…

Continue Reading
Image for Nvidia to invest $5 billion in Ilya Sutskever's AI startup
Posted in Startups

Nvidia to invest $5 billion in Ilya Sutskever’s AI startup

Synopsis The two ⁠companies announced ‌the deal ​Monday ​morning without disclosing ⁠financial terms. The funding will boost ​SSI’s available computing resources, ​the companies said. The…

Continue Reading
Nvidia's $750b AI deal spree has sparked fears of an AI bubble and circular financing as it expands investments in OpenAI, SK Group and AI infrastructure. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Nvidia’s $750 billion AI deals spark AI bubble fears as OpenAI financing raises circular financing concerns

Nvidia Corp. is working on a new round of AI infrastructure deals that could be worth more than $750 billion. The latest deals are adding…

Continue Reading
Apple overtakes Nvidia to become the world's most valuable company. (AP )
Posted in Business

Apple surpasses Nvidia to become world’s most valuable company

Apple has overtaken Nvidia to become the world’s most valuable listed company, marking a significant shift in how investors are viewing the technology sector and…

Continue Reading
Qualcomm to buy AI startup Modular for $4 billion in AI software push
Posted in Startups

Qualcomm to buy AI startup Modular for $4 billion in AI software push

Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs…

Continue Reading
Alphabet Chief Executive Sundar Pichai
Posted in Business

Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business

Google is making an ambitious play for a bigger slice of the 21st century’s most important market: the chips that power artificial intelligence. Its financial…

Continue Reading