AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face | Bloomberg Tech 9/03/2026
TL;DR
Bloomberg’s Ed Ludlow breaks down what earnings from Broadcom, Snowflake, and HPE tell us about the strength of the AI boom. Plus, Hugging Face co-founder Thomas Wolf joins to discuss Nvidia's $13 billion acquisition deal for the AI startup, And, self-driving tech startup Wayve reaches a deal with Uber to offer robotaxi rides in London. (Source: Bloomberg).
Nauti's Take
With Hugging Face, Nvidia buys the distribution point for open models, and at 13 billion dollars that is a strategic advantage, because the hardware now sits right next to the ecosystem. The open question is whether a hub stays neutral once a chipmaker owns it.
For developers: keep using it, but keep an export path for your own models ready.
Summary
Bloomberg’s Ed Ludlow breaks down what earnings from Broadcom, Snowflake, and HPE tell us about the strength of the AI boom. Plus, Hugging Face co-founder Thomas Wolf joins to discuss Nvidia's $13 billion acquisition deal for the AI startup, And, self-driving tech startup Wayve reaches a deal with Uber to offer robotaxi rides in London.
(Source: Bloomberg)
Sources