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Dell Rises After CEO Teases ‘AI Factory’ for Musk’s xAI

Dell announced that it’s building an AI factory with the help of Nvidia to power Elon Musk’s xAI with Super Micro Computer also providing servers. The two companies have been adding server capacity in recent months in an effort to win more businesses making an AI expansion. Laffer Tengler Investments CEO and CIO Nancy Tengler…

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Dell announced that it’s building an AI factory with the help of Nvidia to power Elon Musk’s xAI with Super Micro Computer also providing servers. The two companies have been adding server capacity in recent months in an effort to win more businesses making an AI expansion. Laffer Tengler Investments CEO and CIO Nancy Tengler joins Ed Ludlow to discuss on “Bloomberg Technology.”
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2 Comments

2 Comments

  1. @StewieGriffin

    June 20, 2024 at 3:13 pm

    JUST WAIT FOR AUGUST EARNINGS BUY NOW AND MAKE YOUR DECISION ON THAT DAY

    NVDA is heavily shorted, so if you want a short squeeze
    Buy and hold now
    It’s a great 5 years investment. The media changes their stance based on numbers
    Short sellers down 7 billion dollars

  2. @ThisTooShallPass2030

    June 20, 2024 at 4:00 pm

    Banking and Medical field is going to change a lot

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CNET

Can $5000 Worth of Tech Make You Better at Tennis? | STAT

CNET senior producer Wes Ott takes tech to the court to see what contraptions are actually useful to aspiring tennis pros and which ones are just out of bounds. #tennis #tech #sports #fitnesstech

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CNET senior producer Wes Ott takes tech to the court to see what contraptions are actually useful to aspiring tennis pros and which ones are just out of bounds. #tennis #tech #sports #fitnesstech

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Bloomberg Technology

Nvidia Nears $14 Billion Hugging Face Deal | Bloomberg Tech 09/02/2026

Bloomberg’s Ed Ludlow breaks down Nvidia’s advanced talks to acquire AI startup Hugging Face in a $14 billion deal. Plus, Dell shares jump after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run AI tasks. And, Uber cuts 10% of its staff globally to streamline its…

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Bloomberg’s Ed Ludlow breaks down Nvidia’s advanced talks to acquire AI startup Hugging Face in a $14 billion deal. Plus, Dell shares jump after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run AI tasks. And, Uber cuts 10% of its staff globally to streamline its core engineering, science, and delivery groups.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Nvidia In Advanced Talks for Hugging Face

Nvidia could be closing in on its biggest AI acquisition yet, according to sources. The chipmaker is in advanced talks to buy Hugging Face in a deal that could be worth about $14 billion. Bloomberg’s Ian King and Rachel Metz join Ed Ludlow on “Bloomberg Tech” to discuss their reporting. ——– Like this video? Subscribe…

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Nvidia could be closing in on its biggest AI acquisition yet, according to sources. The chipmaker is in advanced talks to buy Hugging Face in a deal that could be worth about $14 billion. Bloomberg’s Ian King and Rachel Metz join Ed Ludlow on “Bloomberg Tech” to discuss their reporting.
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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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