NVIDIA to Buy Hugging Face for $12.9B: Deal Terms, Timing
NVIDIA agreed to acquire open-source AI hub Hugging Face for ~$12.9B ($11.9B cash + $1.0B retention equity). Deal targets H1 2027 close.
Technology
Coverage of public technology companies, semiconductors, software, cloud infrastructure, and digital platforms. Articles examine reported results, investment cycles, and competitive economics.
Anthropic Walks From $7B MatX Deal, Picks Partnership Instead
Anthropic held talks to buy AI-chip startup MatX for about $7 billion, then abandoned the deal in favor of a partnership and in-house silicon push.
Nvidia Q2 FY27: $96.2B Beat, Guides Q3 to $108B ±2%
Nvidia posted $96.2B in Q2 FY27 revenue — a $5B beat on its own guide — with data center at $89B, EPS at $2.46 and Q3 set at $108B.
Nvidia Q2 FY27 Preview: $91B Guide, 3 Numbers That Matter
Nvidia reports Q2 FY27 after the close on Wed. Aug 26. The guide is $91B revenue at 74.9% GAAP margin. Here are the three prints traders will trade.
Nscale’s $3B US IPO: Nvidia-Backed Neocloud Chases CoreWeave
Nscale is preparing a US IPO to raise up to $3B, months after a $2B Series C valued the Nvidia-backed AI cloud at $14.6B. The pitch: a $51B contracted backlog.
Samsung’s $79B Payout: Special Dividend Beats Buyback
Samsung will return up to KRW 110T (~$79B) — half of FCF plus a special dividend. Why Korea’s chip giant is skipping the buyback.
AI Infra Rout: CoreWeave -12%, Lumentum -10%, SanDisk -9%
The chip selloff widened Monday as the AI supply chain got hit harder than the mega-cap designers. CoreWeave -12%, Lumentum -10%, SanDisk -9%, Seagate -9%.
Applied Materials Record Q3: $9.1B, Guide Up, China Slips
Applied Materials posted record Q3 FY26 revenue of $9.12B and guided Q4 to $10.25B, but China’s revenue share fell from 35% to 28%. Stock -5% pre-market.
Nvidia’s $500B AI Consortium: 6 Titans Rewire Compute Finance
Nvidia lines up Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to raise $500B+ for AI compute infrastructure — off-balance-sheet.
CoreWeave Q2 Doubles to $2.58B; Backlog Hits $104B
CoreWeave’s Q2 2026 revenue jumped 112% to $2.58B; backlog hit $104B, Meta added $21B, and FY26 guide was raised. But the net loss widened to $626M.