Nvidia confirms it will buy Hugging Face for $12.9 billion
TL;DRNvidia is acquiring Hugging Face, a major AI model hub, for $12.9 billion.
Why it matters: Consolidates Nvidia's control over AI infrastructure from chips to model distribution platforms.

neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+
TL;DRFluidstack raised $1.5B at $18B valuation, doubling its worth in months as Google's AI chip partner.

TrendForce: for a 256GB iPhone Pro model, Q3 memory costs are forecast
TL;DRApple's iPhone memory costs quadrupled, but it won't raise prices proportionally.
Latest
Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest
Nvidia is buying Hugging Face for $12.9B to expand beyond chip manufacturing into AI software.
OpenAI CEO Sam Altman warns of "unsustainable silliness" in compute
Altman says AI companies are building too many data centers without enough actual demand.
Cybercrooks trawl Fishbrain to net password hashes
Fishing app Fishbrain exposed user password hashes in a data breach.
Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source
Nvidia is buying Hugging Face for $12.9 billion to control open-source AI models.
Benchmarking 31 different CPUs in Onimusha: Way of the Sword — X3D
AMD X3D CPUs outperform flagship chips by 10% in Onimusha gaming benchmark.
Microsoft says KB5120998 Windows update resets desktop settings
Windows update KB5120998 is wiping desktop settings on some PCs.
Intel scraps 44-year-old 'Fellow' title for top scientists, changes
Intel eliminated its prestigious Fellow title, requiring top scientists to prove business value.
Amazon’s Zoox expands its robotaxi service to Las Vegas airport
Amazon's Zoox robotaxi service now operates at Las Vegas airport after monetizing rides.
RPCS3 emulator devs slam Nvidia DLSS 5
PS3 emulator developers criticize AI upscaling as masking poor optimization instead of fixing real problems.