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ActiveBusinessAcquisition$13 billion

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

Photo: Bloomberg Technology

What happened

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.

Summary assembled by rule from the sources below

Sources