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Nvidia announced a $12.93 billion acquisition of Hugging Face, an open-source AI platform with 18 million developers and 200,000 companies as users.

Nvidia announced the acquisition of Hugging Face, an AI model-sharing platform with over 18 million developers, for $12.93 billion.

A hacker exploited a Coldcard wallet vulnerability, stealing Bitcoin and converting approximately 10% of the stolen funds to Ethereum via THORChain.

Dell Technologies reported stronger-than-expected results driven by a $95 billion AI backlog, leading to a 16% surge in its stock price.

Broadcom experienced a $520 billion decline in market value following a disappointing outlook, despite strong revenue growth.

Dell reported a revised upward fiscal 2027 revenue forecast for AI servers, tripling expectations from a prior doubling estimate.

Dell raised its annual revenue outlook citing strong sales of AI servers, indicating robust demand for AI infrastructure.

A study evaluating frontier large language models (LLMs) on oncology decision-making found that 42.1% of decision points were answered correctly by none of the nine models tested, with failures concentrated in guideline pathway selection.

SLB (formerly Schlumberger) announced a $3.4 billion acquisition of Kelvion, a data center cooling solutions provider.

Singapore announced a SGD 250 million (approximately USD 173 million) funding commitment over three years to support its fintech sector, as reported by Bloomberg.

Longi Green Energy Technology Co., a Chinese solar giant, reported a deeper net loss in the first half of the year, indicating worsening financial performance in the solar sector.

Nvidia has agreed to acquire Hugging Face, a private AI platform company, for $12.9 billion according to a report by The Information cited by Reuters.