Nvidia (NASDAQ: NVDA) is reported to have agreed to buy Hugging Face, the default public hub for open-source AI models, for $12.9 billion. The report landed the same day Nvidia posted its record second-quarter results,
OpenAI presented the first benchmarks for its custom inference chip, Jalapeño, on Tuesday, and the comparison it chose was Nvidia (NASDAQ: NVDA). On SemiAnalysis's public InferenceX benchmark, the chip, built in partnership with Broadcom (NASDAQ:
The sharpest criticism of Treasury Secretary Scott Bessent's bond-buyback plan this week did not come from a partisan opponent or a rival on Wall Street. It came from Stanley Druckenmiller, the legendary macro investor who
On September 1, John Ternus becomes chief executive of Apple (NASDAQ: AAPL), and Tim Cook steps into the role of executive chairman. The handover has been known since April, when Apple announced it and the
The bitcoin price pushed past $75,000 this week and topped $77,000 on Friday, up about 20% over the five sessions. That would be its best week since March 2024, according to Bloomberg, which put the
Marex has agreed a multi-year principal partnership with Nottingham Forest that puts the financial-services company's name on the club's men's and women's football shirts and its netball dresses. The agreement announced by Marex on 18
A Florida man has pleaded not guilty to two federal wire-fraud charges alleging that he solicited money for nonexistent short-term investments, diverted the funds to personal expenses and gambling, and caused victims to lose at
Stripe Inc. has finalized an agreement to acquire OpenRouter for more than $7 billion, Bloomberg reported on August 16, citing people familiar with the matter. OpenRouter is a startup that lets companies switch between artificial
What Did The OCC Approve? World Liberty Financial moved closer to operating a federally chartered national trust bank after the Office of the Comptroller of the Currency granted conditional approval to World Liberty Trust Company,
RedotPay has delayed plans for a US initial public offering (IPO) as the stablecoin payments company works through regulatory and legal issues, according to people familiar with the matter cited by Bloomberg. The delay puts
