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Wall Street Breakfast Podcast: Nvidia's Biggest Hug Yet
Source: seekingalpha.com
Artificial IntelligenceM&A & RestructuringCorporate EarningsCompany Fundamentals
Nvidia reportedly agreed to acquire Hugging Face for $12.9B (nearly 3x its 2023 valuation), strengthening its AI ecosystem footprint. Separately, Salesforce surged 11% premarket after its Q2 earnings beat, citing strong AI-driven revenue and a new Anthropic partnership. Overall, the combined M&A and earnings upside points to continued momentum in enterprise AI spending.
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