Nvidia has made a significant investment in AI startup Hugging Face, pouring in $12.9 billion. This move is part of Nvidia's strategy to expand its presence in the AI market, with CEO Jensen Huang calling AI a 'once-in-a-generation opportunity'.
Manycore Tech reported a 117% year-over-year surge in AI-related revenue to RMB 31 million, with gross margin expanding to 83% and adjusted net profit up 200%. New products like Lux 3D and LuxReal drove growth, while CapEx rose 120% to support GPU infrastructure.
TurbineOne is building AI-powered drones in Old Town for military training, having secured a $98.9 million contract with the Department of Defense in 2025. Meanwhile, Pinterest's AI-powered advertising capabilities are expected to drive growth, with AI-powered ad revenue projected to reach $1.1 billion.
Other developments include Plaud One AI earbuds, which can record, transcribe, and summarize conversations, and a new tracker that provides real-time views of media risk across U.S. markets for AI data center investment. Vercel AI has also open-sourced vgpu, a TypeScript WebGPU library for AI agent shaders.
Key Takeaways
• Nvidia invests $12.9 billion in AI startup Hugging Face. • Manycore Tech's AI-related revenue surges 117% year-over-year to RMB 31 million. • TurbineOne secures $98.9 million contract for AI-powered drones. • Pinterest's AI-powered ad revenue expected to reach $1.1 billion. • Plaud One AI earbuds can record, transcribe, and summarize conversations. • New tracker monitors AI data center risk across U.S. markets. • Vercel AI open-sources vgpu library for AI agent shaders. • Nvidia CEO Jensen Huang sees AI as a 'once-in-a-generation opportunity'. • Manycore Tech's gross margin expands to 83%. • HK 1823 platform to use AI for improved governance.Manycore Tech AI revenue surges 117%
Manycore Tech reported a 117% year-over-year surge in AI-related revenue to RMB 31 million, with gross margin expanding to 83% and adjusted net profit up 200%. New products like Lux 3D and LuxReal drove growth, while CapEx rose 120% to support GPU infrastructure.
Manycore Tech AI driven growth
Manycore Tech's AI-related revenue and profit soared due to new spatial intelligence products. The company's revenue rose 117% year-over-year, with gross margin at 83% and adjusted net profit up 200%.
Manycore Tech gross margin hits 83%
Manycore Tech's AI-related revenue surged 117% year-over-year to RMB 31 million, with gross margin expanding to 83%. Adjusted net profit was up 200%, driven by new products like Lux 3D and LuxReal.
Nvidia bets big on AI startup Hugging Face
Nvidia invested $12.9 billion in AI startup Hugging Face. The investment is part of Nvidia's strategy to expand its presence in the AI market, with CEO Jensen Huang calling AI a 'once-in-a-generation opportunity'.
Nvidia CEO on AI investment risk
Nvidia CEO Jensen Huang says the risk from growing AI investments is low. He defended NVDA's AI investments, citing infrastructure reuse amid concerns over circular financing.
Ken Palla warns of AI misuse
Ken Palla, an anti-scam consultant, warns that AI can be used for evil, citing its ability to generate realistic text, images, and videos for scams.
Plaud One AI earbuds record conversations
Plaud One AI earbuds can record, transcribe, and summarize conversations. The device looks like traditional earbuds and aims to make AI memory more accessible.
New tracker monitors AI data center risk
A new tracker provides real-time views of media risk across U.S. markets for AI data center investment. The tool helps developers and investors make informed decisions.
TurbineOne builds AI-powered drones in Old Town
TurbineOne is building AI-powered drones in Old Town for military training. The company secured a $98.9 million contract with the Department of Defense in 2025.
New York politicians use AI to write op-eds
Several New York politicians, including the governor's running mate and the mayor of Albany, used AI to write op-eds. The use of AI in writing op-eds has raised concerns about transparency and accountability.
Vercel AI open-sources vgpu library
Vercel AI has open-sourced vgpu, a TypeScript WebGPU library for AI agent shaders. The library allows for deployable and efficient AI applications.
Pinterest stock and AI-powered advertising
Pinterest's AI-powered advertising capabilities are expected to drive growth, with AI-powered ad revenue projected to reach $1.1 billion. The stock has seen a 20% increase in share price over the past year.
HK 1823 platform uses AI
Hong Kong's 1823 complaint platform will use AI to improve governance and reduce public frustration. The technology will help route cases to the right authorities and provide better services.
Sources
- Manycore Tech: AI-related revenue up 117% and net profit up 200%, driven by new spatial AI products
- Manycore Tech: AI-driven revenue and profit soared, fueled by new spatial intelligence products and heavy GPU investment
- Manycore Tech: AI-related revenue up 117% and gross margin at 83%, driven by new spatial intelligence products
- Nvidia Reportedly Bets $12.9B On Hugging Face As CEO Jensen Huang Shares ‘Regret’ Over AI Investments In OpenAI, Anthropic
- Nvidia CEO Jensen Huang says risk from growing AI investments remains 'low'
- Ken Palla: 'AI can be really good, but it's also good for evil'
- Plaud One AI Earbuds Record And Summarize Conversations
- As AI Data Center Investment Surges, New Tracker Gives Developers and Investors a Real-Time View of Media Risk Across U.S. Markets
- AI-powered drones used for military training will now be built in Old Town
- New York Politicians Are Using AI to Write Their Op-Eds
- Vercel AI Open-Sources vgpu: A TypeScript WebGPU Library for AI Agent Shaders
- Is Pinterest (PINS) Stock a Hidden Winner in the AI-Powered Advertising Boom?
- AI use on 1823 platform will cut frustration but data safeguards needed: experts
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