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Deal, Hugging Face Pitched Nvidia on Open-Source AI","url":"https://stock-news.laohu8.com/highlight/detail?id=2664342870","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664342870?lang=en_us&edition=fundamental","pubTime":"2026-09-03 22:02","pubTimestamp":1788444120,"startTime":"0","endTime":"0","summary":"1002 ET - Nvidia's near-$13 billion acquisition of Hugging Face began with a pitch to the chip maker's CEO, Jensen Huang, Hugging Face CEO Clem Delangue says in a joint CNBC interview with Huang. Delangue said his team began to understand the growing importance of open-source AI over the summer. \"So, we went to see Jensen, and we told him, we want to make open source AI big. And he told us, 'Let's do it,'\" Delangue says. \"And a few weeks later, here we are.\" Nvidia had recently led an open letter in support of open-source, and Huang says he was all ears. \"Their vision was spot on,\" he says. 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Update: Tech Stocks Lean Lower Premarket Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2664872098","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664872098?lang=en_us&edition=fundamental","pubTime":"2026-09-03 21:13","pubTimestamp":1788441186,"startTime":"0","endTime":"0","summary":"Technology stocks were leaning lower premarket Thursday, with the State Street Technology Select Sector SPDR Fund  slightly declining and the State Street SPDR S&P Semiconductor ETF  down 0.3%.Snowflake  shares were up more than 23% after the company reported higher fiscal Q2 adjusted net income and revenue, and raised its fiscal 2027 product revenue outlook.Broadcom  stock was down more than 3% even after the company posted higher fiscal Q3 adjusted earnings and revenue.Nvidia  has agreed to acquire Hugging Face for $12.93 billion, Chief Executive Jensen Huang said in a blogpost. Nvidia shares were 0.7% higher 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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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