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Jensen Huang says Nvidia hit AGI again, and it still doesn’t matter
Nvidia's CEO announced the tech industry’s holy grail on an earnings call Wednesday, then knocked it down in the same breath. Jensen Huang said the company had “achieved…
Nvidia buys Hugging Face for $12.9 billion as closed labs walk away
Nvidia is paying roughly 80 times annual revenue for a company that makes about $150 million a year. That’s the number to sit with before anything else about…
Nvidia beats estimates and guides to $108 billion next quarter
Only nine companies in the S&P 500 have ever reported a quarter with $100 billion or more in revenue. Nvidia just told Wall Street it expects to clear…
Nvidia senior manager indicted in Supermicro AI server smuggling scheme
Seventy-four B300 servers made it to China. Fifty-six didn’t, and only because a Taiwanese customs officer noticed the paperwork didn’t add up. That’s the arithmetic at the center…
Anthropic’s $30 trillion market pitch is a stretch [IPO]
Anthropic is about to ask investors to believe in a market worth more than $30 trillion a year. That’s the total addressable market figure the company is expected…
Hugging Face Is Reportedly Shopping Itself Around at About $13 Billion
Hugging Face turned down Nvidia last year. The offer would have valued the company at $7 billion. Now, according to Business Insider, it’s testing the water for an…
Taiwan indicts 9, including NVIDIA staff, over banned AI servers sent to China
Nine people are now facing charges in Taiwan over AI servers that were never supposed to leave the island. Prosecutors say they did it knowing exactly what the…
Starcloud lands $250M more for orbital data centers as rockets get scarce
Starcloud has an FCC application on file for 88,000 spacecraft. It has 25 employees. That gap tells you most of what you need to know about the company’s…
Artificial Intelligence (AI)Nvidia quietly built a $21B SpaceX stake, and it’s already worth less
Nvidia owns nearly 123 million shares of SpaceX. That’s the number buried in an SEC filing released Friday, and it values the chipmaker’s position at nearly $21 billion…
