Consumer Tech (Aug 31-Sep 4): NVIDIA Buys World's Largest Open AI Developer, Trump Claims Total Control On Hormuz & More
President Donald Trump recently claimed the U.S. has “total control” over the Strait. NVIDIA acquire Hugging Face for $12.93 billion.
NVIDIA bought a big company that helps build AI tools for $12.93 billion, showing it's spending a lot to grow its AI business. When you see a tech company make a huge purchase like this, it means they think that business will help them make more money in the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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