Browsing: billion

After weeks of swirling rumors, Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion. Hugging Face’s platform…

The Federal Trade Commission and 22 states sued Amazon yesterday, alleging that it has conducted a secret scheme to overcharge…

In our world of expensive streaming platforms, the very free and offline VLC media player, developed by the non-profit VideoLAN,…

It used to be that Vijay Pande was better known in academic circles than investor circles. That changed pretty abruptly…

By acquiring Hugging Face, Nvidia gains significant influence in that ecosystem. Additionally, Nvidia previously had plans for its own cloud…

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI…

Anthropic has signed a deal to rent about $45 billion in AI compute from Nscale, a British AI infrastructure company,…

Instagram and Facebook parent company Meta has struck a deal with the 29 US states currently suing the tech giant…

By contrast, SpaceX is expected to have unfettered access to about 125,000 acres in southern Louisiana, in an area generally…

Ford said today that its next-generation electric vehicle — recently dubbed Fathom — will go into production at the automaker’s…