Nvidia is reportedly set to buy AI startup Hugging Face for $12.9 billion, significantly boosting its position in open-source AI development. Hugging Face is a popular platform for sharing open-source AI models, and the acquisition would help Nvidia maintain dominance in AI hardware amid growing competition from companies developing their own AI chips. The deal also offers Nvidia a strategic entry back into cloud computing through Hugging Face's developer services. This move follows Hugging Face's recent growth and aligns with Nvidia's push to support open-source AI models against closed systems from competitors like OpenAI and Anthropic.
Ride-hailing company inDrive is partnering with Chinese autonomous vehicle firm Pony.ai and Nvidia to test robotaxis in Kazakhstan starting in 2027. The tests will begin in Astana with safety operators, aiming for fully driverless rides eventually. P...
Nvidia Corporation is rated a Strong Buy with a price target of $447, implying about 101% upside. The company is transforming into a central player in the AI economy by providing key infrastructure and governance. Strategic moves like acquiring Huggi...
Altimeter Capital's Brad Gerstner highlights SpaceX's massive $400 billion investment to build 10 GW of computing power next year, aiming to dominate the emerging superintelligence era. This scale could represent 25% of new U.S. compute capacity, fue...
Karman has enabled NexGen Cloud to increase AI compute capacity by 60% within the same power budget at its Montreal data center by using its AI-driven power orchestration platform. This technology allows 16 NVIDIA B300 servers to run within the power...
Billionaire hedge fund manager Ken Griffin calls the current AI investment surge a bubble due to speculative excess and uncertain future demand. Despite his warning, his firm Citadel holds about $8.6 billion in major AI-related stocks including Amazo...
