#CaliforniaStateLegislature
2 occurrences
- Week in review #37
Nvidia acquires Hugging Face for $12.9B, triples valuation
A massive wave of multi-billion dollar investments is flooding into AI infrastructure, underscored by Microsoft's plan to triple its data center capacity. In a major strategic consolidation, Nvidia announced it will acquire open-source AI platform Hugging Face for $12.9 billion. - Week in review #36
NVIDIA reports $96.2B revenue, acquires Poolside for $6B
NVIDIA asserts its market dominance with record earnings and two multi-billion dollar acquisitions, while the broader semiconductor industry rushes to invest over $60 billion in new AI chip capacity. Meanwhile, strategic platform battles intensify as OpenAI cuts off a competitor and governments worldwide hasten to regulate the rapidly evolving technology.