NVIDIA News
Nvidia to Buy AI Platform Hugging Face for $12.9B
Chip giant Nvidia is reportedly set to acquire Hugging Face, a popular open-source AI development platform, for $12.9 billion. The deal would bolster Nvidia's position in the AI sector.
OpenAI's Jalapeño AI Chip Outperforms Nvidia
OpenAI has released initial results for its Jalapeño AI chip, designed for inference tasks. The chip reportedly offers 1.5 to 1.9 times more computational power per kilowatt than Nvidia's Blackwell chips, with lower latency.
Nvidia's AI chip demand doubles revenue and profit
Nvidia announced its second-quarter revenue more than doubled to $96.22 billion, with net profit soaring to $59.69 billion, significantly exceeding market expectations. The company cited persistent demand for its AI chips as the primary driver for this growth.
