Pavlo Kot

Harry Stebbings: NVIDIA reports strong quarter and acquires Hugging Face, Instinct valued at $2.5 billion

Harry Stebbings: NVIDIA reports strong quarter and acquires Hugging Face, Instinct valued at $2.5 billion
NVIDIA acquires Hugging Face, Instinct hits $2.5B

Harry Stebbings highlights what he calls the most important weekly podcast for understanding trends in technology. This week, topics include NVIDIA delivering an impressive quarter and acquiring Hugging Face, as well as Instinct achieving a $2.5 billion valuation amid increasing competition among AI assistant platforms. News about OpenAI discontinuing Cursor and Cognition securing new funding is also featured.

Stebbings has previously detailed the rise of ClickHouse from open source to $200 million in revenue over four years, with projections reaching $450 million for year five, in recent coverage. In an earlier analysis, he explained why Stripe’s acquisition of OpenRouter aligns with the company’s M&A track record and previous crypto growth, as reported here. These past reports reflect his ongoing attention to strategic shifts and notable milestones in the technology and fintech sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.