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Is Nvidia buying Hugging Face?

Nvidia, which recently debuted “compute as an asset class” and definitely is not doing circular financing, is reportedly buying Hugging Face for almost $13 billion, according to The Information, which cites a single anonymous source. Almost an hour earlier, Business Insider reported that the two companies were in talks but had not yet reached a deal, also citing a single anonymous source.

Federal judge warns law is being left behind by AI child sex abuse images

The First Amendment protects an individual’s right to privately possess images or videos of child sexual abuse created using artificial intelligence — if the material does not depict a real person and remains in the home, a federal appeals court judge ruled Tuesday. The decision came in a case that tested the scope of laws implemented before advances in AI made it easy to create realistic-looking fake images of children.

Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers

Nvidia jolted investors on Wednesday with a projection that its revenue would skyrocket by 70% next fiscal year and said demand for its AI chips is growing at 100%, prompting an after-hours stock rally.

Nvidia has been in talks to acquire Hugging Face for more than $13 billion

Nvidia has held talks to acquire Hugging Face for more than $13 billion as the chip giant expands its AI dealmaking.

Amazon Just Tripled Its Order of Nvidia Chips Over 'Surging Demand'

Amazon is adding another 2 million Nvidia GPU chips to its data centers over the next two years. But this extended partnership stretches beyond buying more chips.

Nvidia closes in on Hugging Face acquisition

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

Why Wall Street Sees a $39,800 Pancreatic Cancer Pill as Proof of a Much Bigger Bet

The Food and Drug Administration on Wednesday approved Rasonque, a once-daily pill developed by Revolution Medicines to block several forms of the RAS protein — the mutation that drives tumor growth in most pancreatic cancers, and in roughly a quarter of all human cancers overall. For investors like Dr. Danish Nagda, an early shareholder in Revolution, the approval matters less for what it does in pancreatic cancer than for what it proves: that a mechanism long considered “undruggable” finally works — and works in one of oncology’s hardest cases.

Marc Benioff goes on the offensive: 'This is not the SaaSpocalypse'

Salesforce's Marc Benioff dismissed fears of SaaSpocalypse after the company's latest earnings report.

Amazon is adding another 2 million Nvidia GPUs to its AWS data centers.

Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy

Crypto traders turn Dolly Parton's death into a memecoin frenzy

Memecoins once again seized on a viral news moment, with Dolly Parton becoming their latest target. After news broke Tuesday that the beloved country singer had died, users rushed to popular memecoin platforms to launch tokens, known for being driven by online trends and hype rather than underlying value, in her name. What followed was very un-Dolly-like behavior on the part of the coin issuers. They pulled a classic “rug pull”: After promoting the tokens until they attracted enough buyers, insiders sold off their holdings near the peak, sending their prices tumbling.

Nvidia is about to be a hundred-billion-dollar-a-quarter company

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Anthropic continues compute-gobbling streak in $45 billion deal with Nscale

The new deal with the infrastructure provider is the latest example of Anthropic's white-hot compute-gobbling streak.