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.

00:00:00 – Bloomberg Tech Begins
00:00:51 – Ian King & Rachel Metz, Bloomberg News
00:05:00 – Michelle Connell, Portia Capital Management
00:12:16 – Natalie Lung, Bloomberg News
00:14:25 – Rebecca Torrence, Bloomberg News
00:19:12 – Maggie Eastland, Bloomberg News
00:22:53 – John Acunto, Napster CEO
00:30:45 – Zornitsa Todorova, Barclays
00:36:53 – Brody Ford, Bloomberg News
00:38:35 – Woo Jin Ho, Bloomberg Intelligence
00:40:32 – Kunjan Sobhani, Bloomberg Intelligence
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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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5 Comments

  1. @atiq_

    September 2, 2026 at 1:51 pm

    BloombergTtech show on 7/14/2026 and 7/15/2026 are missing. Have a look.

  2. @vme90-y7l

    September 2, 2026 at 4:15 pm

    They wasted $205M buying the Brand name Napster. 👎

  3. @RomyBiggs

    September 2, 2026 at 4:34 pm

    NVIDIA NEEDS TO MAKE AN AI APP LIKE GOOGLE GEMINI. KRIS

  4. @jasono.1629

    September 2, 2026 at 5:15 pm

    Why does Nvidia need to buy Hugging Face? I thought demand for chips was so astronomical they can’t build data centers fast enough. So why buy a company that generates demand for chips?

    • @demetriusjohnson5358

      September 2, 2026 at 8:44 pm

      You answered your own question. Why not?

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