At the Goldman Sachs Communicopia + Technology conference, Nvidia CEO Jensen Huang repeated the company's guidance that revenue could climb 70% year-over-year next year, building on roughly $400 billion expected this fiscal year to around $680 billion. He described Nvidia's GPU systems as massive, multimillion-dollar installations requiring airplanes to ship, and noted 27% month-over-month order growth for its combined Grace CPU-Blackwell GPU systems.
techcrunch.com
· 2026-09-10
Nvidia confirmed Thursday it has struck a deal to purchase Hugging Face, the widely used open-source AI model repository, for nearly $13 billion. The announcement ends weeks of speculation about a potential acquisition. CEO Jensen Huang pledged the platform will remain open to the broader AI community after the deal closes.
fastcompany.com
· 2026-09-03
Nvidia has agreed to buy open-source AI platform Hugging Face for $12.9 billion, confirming earlier reports of the deal. Hugging Face CEO Clément Delangue told CNBC he personally reached out to Nvidia's Jensen Huang over the summer, saying talks moved quickly once initiated. Huang said the platform will remain open to the broader AI ecosystem while gaining more scale and infrastructure support.
cnbc.com
· 2026-09-03
President Trump called Nvidia CEO Jensen Huang's cellphone in the middle of a company-wide staff meeting on Thursday, with Trump's voice audible through Huang's onstage microphone before Huang briefly stepped away and returned within a minute. The call came the same day Nvidia launched an employee-funded political action committee and a day after the company posted quarterly revenue of $96 billion, up 106 percent year over year.
wired.com
· 2026-08-28
During Nvidia's Wednesday earnings call, CEO Jensen Huang claimed that for many practical tasks the company has already reached artificial general intelligence, but immediately called such milestones 'senseless.' He offered no clear definition or benchmark, instead pointing to AI's shift toward autonomous agents that can learn and improve themselves, and argued the real measure of progress is whether AI generates profitable output through increased compute use. This echoes remarks he made in March on a podcast, where he similarly asserted AGI had been reached before backing off the claim.
theverge.com
· 2026-08-27
Nvidia CEO Jensen Huang defended the company's expanding financial backing of AI startups and data center projects, arguing critics misunderstand the unprecedented capital needs of building and deploying AI. He spoke on CNBC after Nvidia posted stronger-than-expected quarterly earnings, noting the firm has invested in model makers like OpenAI and Anthropic and backed massive compute projects, including a $105 billion Ohio campus and a $500 billion Wall Street financing partnership.
cnbc.com
· 2026-08-27
Nvidia reported second-quarter revenue of $96bn, over twice what it earned a year earlier, driven largely by its data centre business which brought in $89bn, up 117% year-on-year. The company forecasts $108bn in revenue next quarter, and shares rose about 4% in after-hours trading following results that beat Wall Street estimates.
bbc.co.uk
· 2026-08-26