AI 2025 trends

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Nvidia buys Hugging Face, the GitHub of AI, for $13 billion

Nvidia has agreed to buy AI model platform Hugging Face for $13 billion, in the latest step by the $5.4 trillion chip giant to use its financial might to accelerate the technology’s boom while exerting greater control over the industry. Hugging Face, which only last year turned down a large investment from Nvidia at a

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Global Venture Funding Jumps 122% In August As Streak Of Billion-Dollar Deals Continues

Venture investors poured $42 billion into just over 1,500 startups worldwide in August, Crunchbase data shows, down 25% from July’s $56 billion but still up a significant 122% compared to last August, which is typically a slower month for startup investment. Seven companies raised billion-dollar fundings in August, tied with a few months for the

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