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is buying the AI startup that was hacked by OpenAI for nearly $13 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2664773218","media":"CNN Business","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664773218?lang=en_us&edition=fundamental","pubTime":"2026-09-03 21:07","pubTimestamp":1788440870,"startTime":"0","endTime":"0","summary":"Nvidia announced on Thursday that it will buy artificial intelligence startup Hugging Face for $12.9 billion, a massive bet by the chipmaker to expand the reach of open-source AI technology.Hugging Face, a service for hosting and accessing open-source AI models and data sets, has been in the spotlight recently after it was hacked by OpenAI models that went rogue during a testing incident.Nvidia CEO Jensen Huang has spoken in support of open models, arguing they can improve safety and speed up innovation. The acquisition could also benefit Nvidia’s plans to secure its role as the technology backbone of the AI boom.The chipmaker last week said its sales more than doubled in the most recent quarter to more than $96 billion. But investors continue to question whether the spending spree on AI infrastructure will continue, and whether Nvidia can stay ahead of a growing slate of competitors.Nvidia has made major investments in propping up and expanding the AI ecosystem, including investing 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Stock Rebounds as AI Demand Holds: Can NVDA Break $230?","url":"https://stock-news.laohu8.com/highlight/detail?id=2664877922","media":"TradingKey","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664877922?lang=en_us&edition=fundamental","pubTime":"2026-09-03 21:00","pubTimestamp":1788440400,"startTime":"0","endTime":"0","summary":"TradingKey - NVDA trades near $224.41 as AI demand stays strong and MediaTek expands its ecosystem. Can a break above $230.49 target 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Jones Top Company Headlines at 9 am ET: Nvidia Agrees to Buy Hugging Face for $13 Billion | Volkswagen ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2664273872","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664273872?lang=en_us&edition=fundamental","pubTime":"2026-09-03 21:00","pubTimestamp":1788440400,"startTime":"0","endTime":"0","summary":"Nvidia Agrees to Buy Hugging Face for $13 BillionThe deal comes as Nvidia ramps up efforts to develop open-weight models and related services.----Volkswagen Shakes Up U.S. Leadership Again After 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Broadcom Stock Couldn't Match up to Nvidia","url":"https://stock-news.laohu8.com/highlight/detail?id=2664054874","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664054874?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:39","pubTimestamp":1788439140,"startTime":"0","endTime":"0","summary":"Score one to Nvidia. The chip company emerged as the clear winner over rival Broadcom when it comes to the market reaction to their latest earnings report. 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Jensen Huang Announces $12.93 Billion Acquisition of AI Startup Hugging Face","url":"https://stock-news.laohu8.com/highlight/detail?id=1186273390","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1186273390?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:30","pubTimestamp":1788438647,"startTime":"0","endTime":"0","summary":"Nvidia CEO Jensen Huang has taken to X to officially announce the proposed acquisition of AI startup Hugging Face for $12.93 billion. 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Says Hugging Face Users Can Support Other Chip Vendors","url":"https://stock-news.laohu8.com/highlight/detail?id=2664874785","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664874785?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:30","pubTimestamp":1788438600,"startTime":"0","endTime":"0","summary":"0830 ET - Hugging Face will continue operating as usual after its acquisition by Nvidia, the chip maker says in a regulatory filing. That means that Hugging Face's users can continue to work on AI models unfettered-- even if that means working with chip makers other than Nvidia. \"NVIDIA has committed to, among other things, keep Hugging Face's platform open, consistent with Hugging Face's existing practices,\" the company says in a regulatory filing. \"Under this commitment, Hugging Face would continue to permit model makers, developers, and users to upload and download models and datasets of their choosing and to support other silicon 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AI Cloud Math is Broken, and It's Creating a Power Shift Within Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2664487608","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664487608?lang=en_us&edition=fundamental","pubTime":"2026-09-03 19:00","pubTimestamp":1788433200,"startTime":"0","endTime":"0","summary":"To answer that question, you first need to calculate the cost of buying versus renting the same equipment. The RTX PRO 6000 Blackwell is a useful measuring stick, since it's sold both to the cloud providers and the companies that would otherwise rent from them. Nvidia ships the server version of the card through Dell Technologies , Hewlett Packard Enterprise  and Lenovo  , and the large clouds rent it by the hour. Amazon uses it in its G7e instances, describing the configurations as cost-effective for generative AI inference, which is the everyday workflow in which a trained AI model answers questions or processes documents.Amazon's four-GPU instance costs $16.57 an hour, or about $12,100 a month. A server built around the same four processors costs about $75,500 to put on your own premises. Run that Amazon instance around the clock, and you have spent the same amount of money in a little over six months. 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