Nvidia to Buy Hugging Face for $13 Billion in Open-Source Push, . . .Nvidia to Buy Hugging Face for $13 Billion in Open-Source Push, . . | Bloomberg Bytes, Clips and Snippets

 

Current Time 0:37

Watch: Why Hugging Face Decided to Combine With Nvidia

Nvidia to Buy Hugging Face for $13 Billion in Open-Source Push

The purchase is the biggest move yet in Jensen Huang’s push to broaden the uptake of AI and extend his customer list.

NVDA

2.43%

Related

Hugging Face Founders Each Worth $1.8 Billion After Nvidia Deal

OpenAI Rolls Out GPT-6 Astra Model With Added Cyber Guardrails

SPX

+1.60%

NDX

+1.72%

Markets Wrap

Stocks, Bonds Rise as Fed-Hike Bets Ease on Waller

Stocks rose and bond yields fell as Waller said he’d be willing to support holding rates if inflation continued to show signs of easing.

Related

Dollar Falls to Weakest Since May on Waller Comments, Yen Surge

US Mortgage Rates Climb to 6.71%, Highest Since July 2025

Private Credit

Australia’s ‘First Real Test’Record Default RateBlackRock’s New Optimism

Michael Nagle/Bloomberg

Exclusive

Cliffwater Caps Private Credit Fund Again After 16% Look to Exit

Cliffwater's flagship private credit fund again capped redemptions at 5% in the third quarter.

Blackstone Private Credit Fund Caps Redemptions Again After 10% Seek to Exit

Stefan Wermuth/Bloomberg

Young Workers in Search of Affordability Fuel Appalachia’s Comeback

Fewer Americans are Working or Looking for a Job. Experts Can’t Agree on Why

Kevin Dietsch/Getty Images

Epstein’s Mysterious $158 Million ‘Work of Art’ for Leon Black

The notorious sex offender claimed his tax advice was creative and worth the hefty fees he was paid.

Leon Black Battles Epstein Panel, Skips Testimony and Files Suit

Bloomberg Opinion

The NBA Is Punishing Clippers Fans for the Team’s Sins

By Adam Minter, Columnist 

Elliott Is Back Yet Again With Hedge Fund Activism 101

By Chris Hughes, Columnist

Chevron Just Exposed the Gap Between Venezuela Rhetoric and Reality

By Liam Denning, Columnist

The Tiny Island Where the US and Canada Could Mend Their Rift

By Frank Barry, Columnist

David Paul Morris/Bloomberg

Fight Over Trump’s Mail Ballot Curbs Runs Into Midterm Deadlines

Elite Public High Schools To Get a Taste of Trump’s College Crusade

Watch: DigitalBridge's Ganzi Says Data Centers Are 'Not the Villain'

The Big Take

A Data Center Revolt By Historic Battlefield Is Now a Blueprint for Backlash

What started as a grassroots movement is now a force that’s swaying midterm elections across US states.

Bettye Lane/Photo Researchers History/Getty Images

Win McNamee/Getty Images

Theo Wargo/Getty Images

Mel Finkelstein/NY Daily News Archive/Getty Images

Bettmann/Getty Images

Robert R. McElroy/Getty Images

Rachel Murray/Getty Images

Gloria Steinem, Public Face of US Feminism, Dies at 92

Known for her acerbic wit, cool beauty and trademark aviator glasses, Steinem became the public face of feminism starting in the late 1960s.

Newsletter: The Women, Money & Power Report

Remembering Feminist Icon Gloria Steinem

Broadcom Slides After AI Chip Forecast Underwhelms Investors

Maria Bartiromo to Leave Fox News After 12 Years at Network

Patagonia Sues Trump Over Shrinking of Protected Lands in Utah

Nvidia to Buy Hugging Face for $13 Billion in Open-Source Push

Technology

AICybersecurityScreentime

Gabby Jones/Bloomberg

Pentagon Says Its Anthropic Ban Is On, Despite Lutnick Remarks

OpenAI, Anthropic, SpaceXAI Hit by Outages for AI Models

EU Risks Falling Further Behind US, China, Ireland’s Martin Says

Politics

UKEuropeMiddle EastAsia

Yamil Lage/AFP/Getty Images

Fresh US Sanctions Hit Cuba’s Fuel Sector and a Castro Grandson

=======