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NVIDIA Agrees to Acquire Hugging Face for Nearly $13 Billion in Major AI Deal

September 5, 2026 by webdesk

NVIDIA has agreed to acquire artificial intelligence platform Hugging Face in a deal valued at approximately $12.93 billion, marking a major development in the rapidly expanding global AI industry. The proposed acquisition is expected to help NVIDIA expand Hugging Face’s platform, strengthen its underlying infrastructure and make artificial intelligence tools more accessible to developers and…

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AI Costs Are Now Surpassing Human Salaries at Major Companies

May 16, 2026 by webdesk

The growing adoption of artificial intelligence is creating a surprising shift in corporate spending, as some companies are now reportedly spending more on AI systems and computing infrastructure than on employee salaries. Industry executives say the rapid expansion of AI technologies has significantly increased operational expenses, especially due to the massive computing power required to…