- Aug 27
Nvidia agrees to acquire AI platform Hugging Face for $12.93 billion
The semiconductor producer will allocate $11.9 billion to investors and up to $1 billion in employee equity while maintaining the open repository for 18 million developers.
- Jul 28
Apple briefly tops $5 trillion valuation as AI sell-off rattles tech stocks
The iPhone maker's intraday surge to $342.89 per share pushed its market cap past the milestone, but the stock retreated as a deepening sell-off in AI and semiconductor names gripped global markets.
- Jul 27
Nvidia in talks for $250bn guarantee to back OpenAI's Ohio data center lease
The chip giant is in talks to provide a financial guarantee that would allow OpenAI to lease a 10-gigawatt facility being built by SoftBank's SB Energy in Piketon, Ohio, with the first phase expected online in 2028.
- Jul 25
Nvidia, Microsoft and 23 others urge US to keep AI models open, shunning OpenAI's closed approach
25 companies including Nvidia, Microsoft and Meta signed a public letter opposing restrictions on open-weight AI, as Jensen Huang made his X debut. The move deepens a rift with closed-model leaders OpenAI, Anthropic and Google, who would benefit from a crackdown on Chinese rivals.
- May 27
Nvidia to spend $150 billion a year in Taiwan, the 'epicentre' of the AI revolution, says CEO Jensen Huang
Nvidia CEO Jensen Huang announced the chip giant will ramp up its annual spending in Taiwan to around $150 billion, calling the island the 'epicentre' of the AI revolution during a visit to Taipei.
