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2026-09-03T16:18:28.447Z

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NCB Group Names Fawaz Al-Thumairy CEO

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11 Hrs2026-09-03T18:16:20.410Z
NCB Group Names Fawaz Al-Thumairy CEO

US productivity rise aids inflation efforts

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12 Hrs2026-09-03T17:30:00.000Z
US productivity rise aids inflation efforts

Ader Real Estate shareholders debate board election

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23 Hrs2026-09-03T06:48:04.920Z
Ader Real Estate shareholders debate board election

Taqarat replaces CEO with Abdulaziz Al-Sudais

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23 Hrs2026-09-03T06:47:54.205Z
Taqarat replaces CEO with Abdulaziz Al-Sudais

Egypt and China sign 5 strategic pacts

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
23 Hrs2026-09-03T06:35:41.000Z
Egypt and China sign 5 strategic pacts
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Nvidia to acquire Haging in AI push

Nvidia to acquire Haging in AI push

Nvidia has officially announced its approval to acquire the open-source artificial intelligence platform "Hugging Face" for $12.9 billion. This move aims to strengthen its position in the AI field and expand access to technology for developers and organizations worldwide. The platform will remain an open service and will be further expanded. This step comes amid increasing demand for Nvidia's AI-supporting processors and highlights the importance of open-source AI, which has gained further prominence following a security breach that raised safety concerns. CEO Huang believes that the open approach offers greater protection, noting a significant difference between the number of security advocates and attackers. This acquisition is Nvidia's second-largest, after their $20 billion purchase of GROQ's assets.

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