Nvidia to buy Hugging Face for $12.9 billion, report claims — could strengthen Nvidia’s open-model strategy and shore up position against rivals

If Nvidia proceeds with the takeover, the transaction will be a part of Nvidia’s increasingly aggressive investments across the AI ecosystem that spans from hardware to models to software. Last week, Nvidia agreed to pay…

Nvidia expects to sell $20 billion of Vera Rubin systems in Q3 as shipments begin — figure would account for 20% of its data center revenue mix, marks fastest r

“We see Vera Rubin accounting for about 20% of data center revenue in Q3,” said Colette Kress, chief financial officer at Nvidia, during the company’s earnings conference call with financial analysts and investors. “Havi…