Browsing: Nvidia

Before this week, the dominant story about Nvidia went something like this: For the first few years of the AI boom, Nvidia was the only as the industry scaled out. In the last few years, hyperscalers like Amazon and Google have started building their own chips, and Nvidia is no longer the only game in…

Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, Bloomberg reports. 

Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported Wednesday night, citing arted over the weekend that Hugging Face was fielding takeover interest, reported Wednesday night that the talks — which would value the company at more than $13 billion — had not yet produced a signed agreement and could still…