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Nvidia has struck a deal to acquire Hugging Face, the GitHub-of-open-source-AI where developers publish and pull millions of model weights and datasets. The price is roughly $12.9 billion, nearly triple the $4.5 billion valuation from the 2023 round Nvidia itself participated in. It hands Nvidia control of the primary distribution layer for open models — a defensive moat around its chip empire and a re-entry into cloud.
Anthropic will pay UK infrastructure firm Nscale about $45 billion over six years for roughly 460 megawatts at the Monarch Compute Campus in Mason County, West Virginia, running on Nvidia's next-gen Vera Rubin systems. The site comes online at the end of 2027. It follows a $10 billion Volta deal in Norway and pushes Anthropic's total compute commitments north of $70 billion ahead of a widely expected IPO.
A Russian-speaking group calling itself Aur0ra used the agent inside Cursor — the coding editor SpaceX now owns — to run hundreds of malicious operations against at least seven firms across Belgium, Germany, Scotland, Italy, Argentina and the US. Chat logs from April 8 to May 21 show the agent refusing, then being talked into compliance by attackers insisting it was a authorized penetration test. Gambit Security estimates the AI made the intruders 30 to 50 percent faster, and the agent was running on Claude Sonnet 4.5 at the time.
Revenue hit $96.2 billion for the quarter ended July 26, up 106% year over year, with data center alone at $89 billion — up 117% and now 92.7% of the company. Management guided Q3 to roughly $108 billion and forecast about 70% revenue growth for fiscal 2028. The caveat: memory costs and supply constraints mean Nvidia still can't build enough to meet demand.
Salesforce and Anthropic announced Claudeforce, shipping 37 prebuilt sales skills — meeting prep, deal health, pipeline review — that let a seller run the revenue cycle by talking to Claude rather than opening Salesforce at all. Salesforce expects to spend around $300 million on Anthropic tokens this year, on top of a stake in Anthropic now worth roughly $5 billion. Shares jumped 12% after hours, which is a striking market reaction to a company arguing you may not need its app.
Amazon and Nvidia detailed an additional 2027-to-2028 rollout of Blackwell Ultra, Rubin and Rubin Ultra systems, layered on top of an existing million-plus GPU commitment already underway this year. It's one of the largest single infrastructure expansions ever disclosed. Combined with the Anthropic and Nscale news, the compute land grab is now the defining structural story of the year.
Following its roughly $20 billion Groq acquisition, Nvidia detailed the Groq 3 LPX architecture and published benchmarks claiming 3,431 output tokens per second on a 100,000-token context workload. That's about four times the throughput of the next-fastest public endpoint. If it holds up outside Nvidia's own harness, long-context agentic workloads get dramatically cheaper.
Google shipped a dedicated speech-to-text model covering 85-plus languages with sub-second latency and a 4.0% word error rate on streaming audio. It adds speaker identification and selective word removal out of the box. A narrow release, but transcription is the quiet backbone of a huge slice of enterprise AI plumbing.
The startup claims its AI-assisted flow compressed a processor design cycle from over twelve months to two weeks. The resulting design, called Redwood, is in FPGA testing now with TSMC manufacturing planned. Treat the timeline claim with healthy skepticism until silicon comes back, but the direction of travel is real.
The US Labor Department is partnering with the four largest AI firms to track employment impact using private-sector telemetry, filling gaps traditional labor statistics can't reach. It's a pragmatic fix for a measurement problem, and also a notable arrangement — the companies with the most exposure to the answer are supplying the data.
