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Business Insider reports NVIDIA (NVDA.O) is negotiating to acquire AI platform Hugging Face, which hosts open-source models, in a deal valued at over $13 bln. Sources say serious talks occurred in recent weeks but no agreement has been reached and ne

2026-08-27

Business Insider reports NVIDIA (NVDA.O) is negotiating to acquire AI platform Hugging Face, which hosts open-source models, in a deal valued at over $13 bln. Sources say serious talks occurred in recent weeks but no agreement has been reached and negotiations could still collapse. Microsoft (MSFT.O) met with Hugging Face previously but has no ongoing contact, sources added. Last year Hugging Face turned down a $500 mln investment from NVIDIA that would have valued it at $7 bln, citing a desire to avoid a controlling investor. The acquisition would be among NVIDIA’s largest deals to date.

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2026-08-26

Meta Platforms (META.O): Will pay $12.7 billion to the states; another $5.3 billion will be paid depending on conditions.

Meta Platforms (META.O): Will pay $12.7 billion to the states; another $5.3 billion will be paid depending on conditions.
2026-08-26

According to Al Jazeera, the Iranian military stated that although its naval forces suffered losses, it did not allow enemy warships to approach its coast.

According to Al Jazeera, the Iranian military stated that although its naval forces suffered losses, it did not allow enemy warships to approach its coast.
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