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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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Snowflake Shares Surged Over 24% Pre-Market? 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The company reported its latest financial results that significantly beat market expectations while raising its full-year guidance, with sustained growth in its AI-related business boosting investor confidence.","market":"nz","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20240307/f71eff7caba2a473caa20da9685c70df.jpg","type":0,"news_type":0,"thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20240307/f71eff7caba2a473caa20da9685c70df.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tradingkey.com/analysis/stocks/us-stocks/262148984-why-snowflake-stock-surged-premarket-q2-earnings-beat-tradingkey","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4503","LU1803068979.SGD","LU2272731865.HKD","XDAT","BK4585","LU1951198990.SGD","BK4116","LU2250418816.HKD","LU2473716301.USD","SNOY","BK4581","BK4551","LU1923623000.USD","SNOW","BK4535","LU1951200564.SGD","LU2272731782.SGD","LU2290526834.HKD","BK4554","LU1992135399.USD","LU0889565833.HKD","DAT","BK4532","LU1861215975.USD","BK4607","CLOU","LU1852331112.SGD","BK4613","BK4505","LU1992135472.HKD","LU0056508442.USD","LU2322448957.HKD","LU2322448791.USD","LU1861220033.SGD","SNOU","LU2360106780.USD","LU0719512351.SGD","BK4559","WISE","BK4548","LU0082616367.USD","LU0109392836.USD","LU2360107168.USD","BK4588","LU2272731600.USD","LU0097036916.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664054874","title":"Why 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. The transaction is slated for completion in the first half 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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. 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Software Stocks Rise After Snowflake's Upbeat Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2664748278","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664748278?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:09","pubTimestamp":1788437344,"startTime":"0","endTime":"0","summary":"BUZZ-US software stocksrise after Snowflake's upbeat forecast** U.S. software stocks rise premarket after SnowflakeSNOW.NliftsFY27 product revenue forecast and beats Q2 estimates** SNOW soars 23.8% 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