NVIDIA to spend $13 billion on Hugging Face, leaving it
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Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.
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It works across Windows, Linux and macOS to speed up processing.
And not only is Nvidia growing quickly and tapping into the expanding AI market, but its shares are still inexpensive. Nvidia's stock has a P/E ratio of about 29, making it far cheaper than AMD's stock and lower than the tech sector average.
At IFA 2026, Nvidia and its partners showed off the first RTX Spark-powered laptops and mini PCs, designed to run AI models right on your computer.
Nvidia is announcing its new Personal AI Router (PAIR), a free tool that syncs up your home computers for tackling local AI inference tasks with tools like Ollama and LM Studio.
Nvidia chief Jensen Huang urged G20 ministers on Wednesday to build more data centers to support the artificial intelligence revolution, and warned that leaders who talk up the technology's dangers risk leaving their countries behind.
Nvidia (NASDAQ:NVDA), the AI-chip powerhouse with data centers at 92.5% of revenue, took its regulatory fight to the G20 on Wednesday. According to Reuters, CEO Jensen Huang urged governments to tackle proven AI damage instead of writing sweeping rules for dangers that remain hypothetical.