Crusoe’s $13bn Jane Street Deal: One Sourcing Chain, No Confirmations Yet
Bloomberg reported on September 3-4, 2026 that Crusoe signed a five-year, roughly $13 billion GPU cloud contract with Jane Street,…
Section
Deals & Funding
Nvidia’s $12.9B Hugging Face Deal Puts Open-Model Scorekeeper Under Chip Vendor
Nvidia agreed to acquire Hugging Face for $12.9 billion cash, officially confirmed September 3, 2026, giving one chipmaker ownership of…
Snowflake Jumps 23% on $6.07B Guidance Raise as AI Tools Scale
Snowflake shares surged 23% to $377.11 on September 3, 2026 after fiscal Q2 revenue hit $1.55 billion and management lifted…
Palo Alto Networks Paid $500M for Console — 3x Its Last Valuation
Palo Alto Networks paid $500 million in cash and stock for the two-year-old IT help-desk AI startup Console, sources told…
Zeit AI Bags €5M Seed With Lindner, Götze as Angels for AI Data Engineer
Munich-founded Zeit AI raised €5 million on September 3, 2026 from Y Combinator, Oxford's Seed Fund, Sequoia's Scout Fund and…
S&P Global Weighs Capital IQ Pro Spinout at High-Single-Digit-Billion Value
S&P Global is in early talks to spin off Capital IQ Pro into a standalone company that could be valued…
Nvidia Pays $12.93B for Hugging Face — 86x Its Revenue
Nvidia has agreed to acquire open-source AI hub Hugging Face for $12.93 billion, the chipmaker's second-largest deal ever, according to…
Nvidia’s $12.9B Hugging Face Deal: The Confirmed Numbers vs. Jensen Huang’s Promises
Nvidia confirmed a $12.93 billion acquisition of Hugging Face on September 3, 2026, but the company's pledge to keep the…
Nvidia Pays $12.93bn for Hugging Face — and for the Neutrality Question That Comes With It
Nvidia's confirmed $12.93bn purchase of the model-hosting hub used by 18 million developers turns the chipmaker from Hugging Face's biggest…
Moonshot Seeks 30% Cut From Microsoft, Amazon, Google to Host Kimi K3
Reuters reported August 26, 2026 that China's Moonshot AI is in early talks with Microsoft Azure, Amazon Web Services and…