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Nvidia to Acquire Hugging Face, Fed-Hike Bets Ease on Waller
Source: Bloomberg
Artificial IntelligenceM&A & RestructuringMonetary PolicyInterest Rates & Yields
Nvidia is set to acquire Hugging Face, reinforcing its push deeper into enterprise AI tooling and models. Separately, bets for a Fed hike eased on comments from Waller, which should be supportive for risk assets and tech multiples as rate expectations cool.
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