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Nvidia Buys Hugging Face for $12.9B After Earnings Beat | CoinDesk Daily

Nvidia Buys Hugging Face for $12.9B After Earnings Beat | CoinDesk Daily

Published 2 weeks, 5 days ago
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 was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

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