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Nvidia Buys Hugging Face for $12.9B After Earnings Beat | CoinDesk Daily
Description
Nvidia beats earnings estimates.
Nvidia beat earnings estimates and guided to $108 billion in revenue next quarter, lifting tech stocks and pushing bitcoin toward $80,000. The chipmaker also agreed to acquire open-source AI platform Hugging Face for $12.9 billion, extending its reach beyond chips and into the AI software stack. CoinDesk's Uyen Truong hosts "CoinDesk Daily."
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This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co.
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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.