Nvidia Buys Hugging Face for $12.9b after Earnings Beat

Nvidia beat earnings estimates and guided to $108 billion in revenue next quarter, lifting tech stocks and pushing bitcoin toward $80,000. The chipmaker also agreed to acquire open-source AI platform Hugging Face for $12.9 billion, extending its reach beyond chips and into

Nvidia beat earnings estimates and guided to $108 billion in revenue next quarter, lifting tech stocks and pushing bitcoin toward $80,000.

The chipmaker also agreed to acquire open-source AI platform Hugging Face for $12.9 billion, extending its reach beyond chips and into the AI software stack

CoinDesk’s Uyen Truong hosts “CoinDesk Daily.”

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