Tagged: nvidia

Hugging Face Acquired by NVIDIA for $13 Billion

Hugging Face, a repository for open source artificial intelligence models, has been acquired by NVIDIA (NASDAQ:NVDA) for $12,930,300,000. The deal is expected to close in the first half of 2027. The announcement did not come as a surprise as markets had anticipated the move last… Read More

NVIDIA’s ($NVDA) Hugging Face Bet, the SpaceX ($SPCX) Diaspora Analyzed in New Report

CB Insights researchers used the last week of August 2026 to examine three developments that reveal how capital, talent, and product strategy are moving across artificial intelligence, heavy industry, and emerging-market finance. The most prominent deal was NVIDIA’s (NASDAQ:NVDA) purchase of Hugging Face. Job listings… Read More

Crypto Exchange Bybit Rolls Out 24/7 Options on Stock Perpetuals, Beginning with Nvidia ($NVDA) and SpaceX ($SPCX)

Bybit is expanding its derivatives lineup with a new product aimed at traders who want equity-style options without the usual stock-market clock. The exchange said it will introduce “Perp Options,” contracts written on its existing stock perpetual futures rather than on listed shares themselves. The… Read More

Nvidia Shares Move Higher After Solid Earnings Report, Analysts Push Price Targets Up

Nvidia (NASDAQ:NVDA) reported solid earnings last night, beating on the top and bottom lines. While shares briefly dipped on the news, rationality soon kicked in, and investors saw the actual story: that Nvidia continues to lead the world in AI development and is executing on… Read More

Nvidia Reports After Market Close

NVIDIA (NASDAQ:NVDA) will release its Q2 earnings after the market close today. NVIDIA is not just a leading AI firm and top chip provider; it is a benchmark for the entire AI sector. Largely fueled by hyperscalers and the race not to be left behind as… Read More

Groq Valuation Halves to $3.5bn in $350m Funding Round

AI chip startup Groq has raised $350 million at a $3.5 billion valuation, roughly half the level it commanded less than a year ago, Bloomberg reported. The funding round, completed on Aug. 17, values Groq nearly 50% below the $6.9 billion valuation it secured in… Read More

Hudson River Trading Expands Partnership with CoreWeave for Advanced AI Infrastructure

Quantitative trading firm Hudson River Trading (HRT) has entered a multi-year agreement with CoreWeave (NASDAQ: CRWV) to access specialized artificial intelligence computing resources. The arrangement, described as multi-billion-dollar in scale, will support the development of next-generation trading research and machine learning models. It builds on… Read More

AI Startup Etched Takes Just One Month to Double in Valuation

Etched, an artificial intelligence (AI) firm that designs chips, racks, software, and manufacturing methods that aim to provide best-in-class throughput, latency, cost, and power efficiency, reported yesterday that it had raised $700 million at a valuation of $21 billion. The funding round was led by… Read More

Goldman Sachs Engages Potential Investors for Nvidia’s AI Infrastructure Financing Push

Goldman Sachs (NYSE:GS) is reportedly engaging potential backers to help fund Nvidia’s (NASDAQ:NVDA) initiative aimed at channeling hundreds of billions of dollars into artificial intelligence infrastructure. Sources familiar with the matter indicate the bank is leveraging its established relationship with the chipmaking giant to play… Read More

NVIDIA’s Venture Arm Takes Position in Digital Bank Revolut

NVIDIA’s (NASDAQ:NVDA) venture capital division, NVentures, has secured a stake in Revolut, the London-based digital bank that continues to disrupt traditional finance. This move, part of a broader secondary share sale, has propelled Revolut’s valuation to $75 billion, up from $45 billion just over a… Read More

South Korea’s SK Hynix, a Key Nvidia Supplier, Files for Nasdaq Listing to Tap US Capital Markets

South Korea’s memory chip producer SK Hynix has formally submitted a registration statement with the US Securities and Exchange Commission (SEC) to list American Depositary Shares on the Nasdaq Global Select Market. The move marks a major push by the company to broaden its investor… Read More

OurCrowd Portfolio Company Autobrains Partners with Uber, NVIDIA to Launch Robotaxi in Germany

Autobrains, an OurCrowd portfolio company, has revealed a partnership with Uber and NVIDIA to launch a robotaxi service in Munich, Germany. The announcement was made at the recent NVIDIA GTC Taipei event. In an OurCrowd blog post, Igal Raichelgauz, CEO and founder of Autobrains, stated,… Read More

AI Startup Recursive Superintelligence Secures $650M

Recursive Superintelligence has raised $650 million at a $4.65 billion valuation in a funding round led by GV and Greycroft, according to the company. The round also included participation from AMD Ventures and NVIDIA, placing the stealth-mode AI lab among a growing group of venture-backed… Read More

Nvidia Set to Acquire $30 Billion Stake in OpenAI, Potentially Reshaping AI Alliances

In a maneuver that underscores the deepening interdependence of AI hardware developers and frontier model developers, Nvidia (NASDAQ:NVDA) is nearing the completion of a $30 billion equity investment in OpenAI. According to Reuters reporting on February 20, 2026, this commitment represents a pivotal element in… Read More

AI Is Driving Revenue Gains in Financial Services while Slashing Costs, Report Claims

Nvidia‘s (NASDAQ:NVDA) 2026 State of AI in Financial Services report shows that around 89% of surveyed professionals in the sector affirm that artificial intelligence is driving simultaneous gains in annual revenue while slashing operational costs. This insight, drawn from responses by over 800 executives, data… Read More

UK based Sovereign AI Partners with Accenture, Palantir for AI Infrastructure Advancement in EMEA

UK-based Sovereign AI (S-AI) has announced a strategic collaboration with global consulting firm Accenture (NYSE: ACN) and data analytics firm Palantir Technologies. This partnership aims to construct and expand cutting-edge AI data centers, creating a robust and independent foundation for AI applications in both commercial… Read More

AI Adoption : Demand for AI Chips Shows No Signs of Slowing Down in 2026

As 2025 now finally concludes with unprecedented revenue for the AI-focused semiconductor sector, industry analysts anticipate even stronger performance in 2026, fueled by a relentless appetite for processors essential to artificial intelligence advancements. Major chipmakers collectively surpassed $400 billion in sales this year—the highest on… Read More

Wall Street Ends Year on High Note Amid Major Nvidia AI Deal

U.S. equity markets closed higher in a holiday-shortened trading session on Christmas Eve, December 24, 2025, with major indexes reaching fresh milestones. The S&P 500 advanced 0.32% to finish at a new all-time high of 6,932.05, while the Dow Jones Industrial Average climbed 0.60% to… Read More

AI, Tech Reset Beginning: deVere CEO

A global reset is unfolding across AI and tech markets as investors confront the limits of a model that has powered equity gains for two years, warns the CEO of a global financial advisory giant. The warning from Nigel Green of deVere Group follows four… Read More

Bitcoin Spirals, Markets Stumble and the Bears Take Control

Bitcoin has been in reverse for a couple of weeks now. Far off its all-time high of over $124,000 earlier this year, Bitcoin is now trading sub $90,000 – currently at $86,500. This represents a significant loss in value of around 30%. While traditional stock… Read More

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