Fresh off a record-smashing quarter, NVIDIA is acquiring AI hub Hugging Face in a massive deal. With suppliers like TSMC sold out until 2029, the company is projecting growth far beyond analyst expectations.
The tape The Twenty Minute VC (20VC) · Sep 3
“He immediately went shopping, nearing the $13 billion price tag with the $12.9 billion that they paid for Hugging Face, which was confirmed just after we did last week's recording.”
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The David Lin Report · Fed Rate Hike Shock: Why Markets Suddenly Fear SeptemberSep 1
After Fed Chair Kevin Warsh signaled a hawkish turn at Jackson Hole, markets sold off sharply. Investors now believe a September rate hike is all but certain, with one analyst calling the Fed's prior hesitation 'continued policy ineptitude.'
Marketplace · Oil markets brace for maintenance seasonAug 31
In a landmark shift for the $4.6 trillion company, Tim Cook is ending his tenure as Apple's CEO to become executive chairman. Hardware engineering chief John Ternis takes the helm tomorrow.