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Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, expanding beyond chips into open-source AI software and developer infrastructure.
Nvidia reported record quarterly revenue of $96.2 billion, beating expectations as AI demand remained exceptionally strong and its next-generation Vera Rubin chips entered mass production.
Michael Burry added Nvidia call options as a hedge while increasing short positions in Oracle, Palantir, Caterpillar, and Nebius.
An internal survey found that nearly 78% of Nvidia employees are millionaires, while half have accumulated net worth exceeding $25 million.
Nvidia is reportedly in talks to invest in Perplexity at a valuation exceeding $30 billion as the AI search startup’s annualized revenue surpasses $750 million.
Nvidia has struck a $6 billion agreement with AI startup Poolside to develop a powerful open-source AI model capable of competing with leading Chinese and U.S. systems.
Nvidia is reportedly considering an investment in AI data startup Mercor at a $20 billion valuation as demand for high-quality training data continues to accelerate.
A new AI-themed bar in Beijing is giving customers free DeepSeek tokens instead of Wi-Fi, reflecting China’s rapidly growing enthusiasm for artificial intelligence.
LG Electronics and NVIDIA plan to build a 100,000-hour robot training dataset using real and synthetic data to accelerate development of next-generation humanoid robots.
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and hired away key executives.
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company’s strategy of accelerating AI infrastructure investment.
Nvidia disclosed ownership of 122.8 million SpaceX Class A shares worth approximately $21 billion, making SpaceX one of its largest equity investments.
LG shares climbed more than 6% after the company expanded its strategic partnership with Nvidia to develop humanoid robots, AI factories, and next-generation mobility technologies.
Norway’s sovereign wealth fund reported a record $184 billion first-half profit and disclosed a stake in SpaceX for the first time, highlighting its continued expansion into leading technology investments.
New financing platforms turn NVIDIA compute and full-stack AI infrastructure into an investable asset class for global capital, broadening access to AI factories, enabling long-duration usage-linked revenue while supporting NVIDIA’s ecosystem growth across hardware sales and software adoption.