Nvidia

Nvidia pays $16.4b for Hugging Face – and an open AI future

When OpenAI’s agents went rogue in July and targeted the company Hugging Face, they demonstrated ingenuity and drive beyond what many experts imagined — a dangerous harbinger of what such bots could do in the future. (The New York Times)

Anthropic seals $44 billion cloud deal with Nvidia-backed Lambda

Anthropic has emerged as one of the most significant customers for data centre power.

Market Insights

Nvidia’s valuation sparks tech rally but S’pore companies lose out: Markets this week

Nvidia’s results are widely regarded as a bellwether for the AI industry.

Nvidia pauses revenue sharing deals with AI cloud companies: Report

The chip giant stepped back from the programme last week, adding that it could still revamp the initiative later or fold it into another programme.

S’pore-based Apex Logistics ‘fully cooperating’ in US probe into alleged smuggling of Nvidia chips

Swiss logistics giant Kuehne+Nagel wholly owns Apex Logistics, which is reportedly being investigated by the US over its suspected role in supplying AI chips to China.

Nvidia agrees to buy Hugging Face for $16.4 billion

Nvidia was among those that backed Hugging Face in a US$235 million funding round in 2023.

Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run

Nvidia said it expects revenue to grow by about 70 per cent in fiscal 2028.

Stocks rise and oil slips as traders eye Iran threat, Nvidia results

Asian stocks fluctuated on Aug 25 while oil edged up as investors assess a US plan for the “economic asphyxiation” of Iran.

Taiwan indicts nine over alleged illegal export of AI servers to China

Prosecutors investigated the suspected illegal export of servers equipped with Nvidia chips subject to US export controls.

Nvidia customers notified of AI-related price hikes of above 15%: Sources

The price hikes will go into effect on systems shipped early 2027.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.