Here’s what Nvidia’s $13 billion Hugging Face deal means for the world of AI
The acquisition will give Nvidia access to “one of the most important parcels of real estate in the AI market” and promote open-source technology.
The acquisition will give Nvidia access to “one of the most important parcels of real estate in the AI market” and promote open-source technology.
Investors see few reasons to be optimistic about Hapvida, the Brazilian health insurer and hospital operator plagued by rising costs, constant litigation and an escalating debt load.
Access to healthcare, recreation, and low taxes lure retirees, new research says
US equity futures waver and a global bond rout eases as higher yields attract investors. The yen strengthens as traders weigh intervention risks, while the BOJ is said to favor raising rates by a quarter point this month. President Trump says the latest strikes on Iran. US diesel prices hit a four-year high. Broadcom slips after the chipmaker’s results and short-term forecast failed to meet lofty expectations, despite predicting a boom in AI chips over the next two years. Seema Shah of Principal Asset Management joins “Bloomberg Brief” to discuss the implications of elevated yields on stocks. (Source: Bloomberg)
Wall Street dealers were already bracing for a potential record in September for high-grade US corporate bond sales, and recent surging yields may give the blue-chip companies even more reason to borrow now before funding costs rise further.
Nodal Exchange Holdings, LLC is seeking to launch futures contracts on computing power for artificial intelligence chips, joining a host of firms rushing to do the same.
Read MoreCommodities & Futures News
Read MoreCommodities & Futures News
Some stocks will face very different environments depending on how Americans vote in November.