Nvidia Soars, AI Deals Shake Markets | Business and Finance News

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Recorded27 Aug 2026

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Nvidia’s earnings just blew past expectations with a 70% revenue surge projected for FY28, positioning it as possibly the world’s top tech giant—outpacing even Apple and Alphabet. CEO Jensen Huang says demand is sky-high, but supply is holding them back. Rumors swirl that Nvidia may buy AI model powerhouse Hugging Face for $13B, especially after a reported OpenAI-linked breach. Meanwhile, Anthropic locks in a $45B cloud deal with UK firm Nscale for massive compute power. Meta settles for $16.7B to address teen mental health concerns, rolling out daily limits and nighttime blocks. Globally, oil prices dip as Iran and Oman reopen Hormuz shipping lanes—though a tanker incident hit headlines this week—and central bankers convene in Jackson Hole for key economic talks. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ef3d192856e7303d

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