NVIDIA CEO Jensen Huang on Hugging Face deal
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Ellison is once again worth more than $200 billion, after his fortune fell when Oracle’s stock price collapsed earlier this summer.
Clément Delangue, Julien Chaumond and Thomas Wolf launched the AI company Hugging Face in 2016. Now, a decade later, that venture has reached a deal to be acquired by computer chip powerhouse Nvidia—and the price tag on the sale, $12.93 billion, almost certainly exceeds what the trio first thought possible.
Following is the unofficial transcript of a CNBC exclusive interview with Nvidia Founder & CEO Jensen Huang and Hugging Face CEO Clément Delangue who joined CNBC's "Squawk Box" (
Jensen Huang says AI could help revive US manufacturing while driving investment in factories, energy, infrastructure, and AI jobs.
Jensen Huang’s dinner effect shows founders how authentic relationships and strategic proximity can build credibility and market confidence.
Nvidia CEO Jensen Huang says the company decided to "rip the Band-Aid off" on gross margins, resetting expectations to 72%-73% for next year.
Nvidia CEO Jensen Huang said the US can't afford to miss out on AI advancements.
Unlike Bill Gates, the billionaire Nvidia CEO is bullish that AI will create more jobs than it eliminates—and skilled trade professionals stand to benefit.