Good morning. Nvidia will pay $12.93 billion for Hugging Face, which is generating roughly $150 million in annualized revenue. At about 86 times revenue, the price makes clear that Nvidia values Hugging Face less for the business it is today than for the strategic position it occupies at the center of open-source AI. The chipmaker
President Donald Trump interrupted Nvidia’s all-hands staff meeting on Thursday morning when he called CEO Jensen Huang midway through, three sources who witnessed the interaction tell WIRED. Nvidia’s all-hands meetings typically involve Huang presenting or answering questions, on stage, to in-person staff at the company’s Santa Clara, California, headquarters, while thousands of remote employees tune
Nvidia CEO Jensen Huang is open to ideas about how to share the massive wealth being generated by the AI boom. He’s created billionaires on his executive team, personally ensures his staff are competitively paid, and is “perfectly fine” with proposals to tax the ultra-wealthy more. But he disagrees with a proposal from Microsoft co-founder
Korean fried chicken with the chairmen of SK Group and LG. Yellowtail sashimi at Nobu with Larry Ellison and Elon Musk. Mapo tofu and whiskey with TSMC founder Morris Chang. People are so curious about where Nvidia CEO Jensen Huang eats, there’s a blog that tracks his sumptuous dinners out around the world. But the
Jensen Huang is feeling spendy. In the span of a few weeks, the Nvidia CEO has committed billions to deals and investments — with more potentially right around the corner. The spending spree shows how far Nvidia is expanding beyond chips and raises a bigger question: how much of the AI ecosystem does it want
Nvidia boss Jensen Huang spent two days (July 15-16) in Tokyo courting Japan’s industrial and chip supplier elite, weeks after a keynote speech in Taiwan and months after a visit to South Korea. It left with deals that span Japan’s entire tech ecosystem: a national AI factory, partnerships with the country’s leading robotics companies, and