Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform - Boston News, Weather, Sports

Tesla (TSLA) and Nvidia (NVDA) will invest $2.8B in Samsung Electro-Mechanics to expand production of advanced semiconductor substrates for AI chips, addressing a supply bottleneck. Nvidia will contribute $2.6B, and Tesla will invest $1.1B. These substrates are crucial for connecting AI processors to circuit boards, and their production is becoming increasingly challenging as AI systems grow in complexity.

Nvidia's CEO Jensen Huang is proposing to use the company's GPUs as collateral for loans to unlock $500B in financing for AI infrastructure, according to The Motley Fool. Nvidia shares fell 4.5% on Thursday, while the Philadelphia Semiconductor Index dropped nearly 7%. Huang argues that Nvidia's chips retain value longer than typical hardware, citing rising rental prices for older H100 chips.

AI video startup Higgsfield Inc. secured additional funding from Nvidia Corp. and TCV, adding to its $400M Series B round. The company, valued at $5.4B, has 40M registered users and aims to expand infrastructure and headcount. Nvidia CEO Jensen Huang highlighted advancements in AI video technology, noting improvements in coherence and storytelling.

NVIDIA (NVDA) is expanding partnerships in Kazakhstan, focusing on AI development and infrastructure. CEO Jensen Huang visited, meeting government leaders and discussing projects with Kazakhtelecom, Firebird, and Freedom Holding. Kazakhstan aims to become a global AI hub, with plans for data centers and industrial AI applications. NVIDIA's GPUs are already deployed, and new projects are in development.

NVIDIA's RTX Spark laptops, available globally since October 16, 2026, feature Arm-based CPUs and GPUs, targeting AI, creative work, and gaming. The company claims support for 14 online games, including Counter-Strike 2 and Fortnite, with prices starting at $2,399. Early reviews praise hardware but are cautious about gaming performance. The laptops are sold by six manufacturers, with additional partners expected.

Amazon has $5 billion worth of Nvidia AI servers in warehouses due to power shortages in data centers. The company expects to receive $3 billion worth of servers monthly. AWS infrastructure chief Prashant Kalyanaraman stated Amazon's AI business is free cash flow negative and expects it to remain so for a few years. Amazon's free cash flow was negative $7.6 billion for the 12 months ended June 30.