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AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face | Bloomberg Tech 9/03/2026

Bloomberg’s Ed Ludlow breaks down what earnings from Broadcom, Snowflake, and HPE tell us about the strength of the AI boom. Plus, Hugging Face co-founder Thomas Wolf joins to discuss Nvidia’s $13 billion acquisition deal for the AI startup, And, self-driving tech startup Wayve reaches a deal with Uber to offer robotaxi rides in London.…

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Bloomberg’s Ed Ludlow breaks down what earnings from Broadcom, Snowflake, and HPE tell us about the strength of the AI boom. Plus, Hugging Face co-founder Thomas Wolf joins to discuss Nvidia’s $13 billion acquisition deal for the AI startup, And, self-driving tech startup Wayve reaches a deal with Uber to offer robotaxi rides in London.

00:00:00 – Bloomberg Tech Begins
00:01:37 – Dina Bass, Bloomberg News
00:05:06 – Lei Qiu, AllianceBernstein
00:09:11 – Thomas Wolf, Hugging Face Co-Founder
00:17:20 – Alex Kendall, Wayve CEO
00:23:19 – Riley Griffin, Bloomberg News
00:25:34 – Sridhar Ramaswamy, SnowFlake CEO
00:33:38 – Antonio Neri, HPE CEO
00:41:16 – Spencer Soper, Bloomberg News
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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

5 Comments

  1. @kartikkarteek

    September 3, 2026 at 1:51 pm

    AI Outtage News … Tomorrow

  2. @matt.stevick

    September 3, 2026 at 2:50 pm

    nvidia is not a stock or a company. it’s the global economy. jensen is not a man he is 21st century jesus.
    📈🟩⬛️

  3. @TangMeng-j2k

    September 3, 2026 at 4:05 pm

    If millions are jobless what is it for AI? To count jobless nos?

  4. @hikalox

    September 3, 2026 at 6:27 pm

    News related to AI is developing very quickly.

  5. @atiq_

    September 3, 2026 at 6:32 pm

    Thanks for earnings data of SNOW, HPE along with estimate. @Ed

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Bloomberg Technology

Apple’s Happy Holiday Forecast Overshadowed by Shrinking Margin

Bloomberg’s Ed Ludlow breaks down Apple’s earnings, which signal strong holiday demand, but show that high memory costs and greater spending on AI will squeeze margins. Plus, Disney plans thousands of layoffs as it aims to cut 20% of costs companywide. And AI is on the ballot in the midterm elections as voters consider local…

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Bloomberg’s Ed Ludlow breaks down Apple’s earnings, which signal strong holiday demand, but show that high memory costs and greater spending on AI will squeeze margins. Plus, Disney plans thousands of layoffs as it aims to cut 20% of costs companywide. And AI is on the ballot in the midterm elections as voters consider local proposals and candidate stances related to AI.

00:00:00 – Bloomberg Tech Begins
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00:03:47 – Mark Gurman on Apple products in earnings
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00:18:34 – Joe Mathieu on Midterm elections
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00:27:01 – Ryan Vlastelica on AMD Earnings today
00:30:39 – Chris Palmeri on Disney layoffs
00:34:56 – Michael Shepard on Midterms on AI Development
00:38:11 – Ellen Hazen, FL Putnam on AI & affordability top of mind for Midterms
——–
“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

Delivery App Grab Sees Return on AI, Says CFO

Grab CFO Peter Oey says the company is seeing returns from its use of AI tools in the form of higher spending by customers. The ride-hailing, delivery and financial services app raised its full-year revenue and profit forecasts. Oey joins Ed Ludlow on “Bloomberg Tech” to discuss Grab’s earnings. ——– Like this video? Subscribe to…

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Grab CFO Peter Oey says the company is seeing returns from its use of AI tools in the form of higher spending by customers. The ride-hailing, delivery and financial services app raised its full-year revenue and profit forecasts. Oey joins Ed Ludlow on “Bloomberg Tech” to discuss Grab’s earnings.
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Bloomberg Technology

Disney Plans Thousands of Layoffs Companywide

Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg’s Chris Palmeri discusses Disney’s plans and how they fit into the changes the wider entertainment industry is experiencing. He…

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Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg’s Chris Palmeri discusses Disney’s plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on “Bloomberg Tech.”
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