Nvidia buys Hugging Face for US$12.9 billion
Nvidia agreed to pay US$12.9 billion for the open-model hub used by 18 million developers, says its chips will not be required to use it, and expects the deal to close in the first half of 2027.
Briefing
Curated for the homepage Briefing block: the stories the desk is watching this week.
5 stories
AI
Nvidia buys Hugging Face for US$12.9 billion
Nvidia agreed to pay US$12.9 billion for the open-model hub used by 18 million developers, says its chips will not be required to use it, and expects the deal to close in the first half of 2027.
OpenAI launched GPT-6 Astra on the day ChatGPT went dark
OpenAI released GPT-6 Astra on Thursday. Its president called it a generational leap that might be AGI, and safety researchers say its reasoning method is playing with fire.
ChatGPT shows ads to free users in India, starting with 50 brands
Ads are live inside ChatGPT. OpenAI switched them on for Free and Go tier users in India on 27 August 2026, opening with fifty brands through agency partners WPP and Omnicom. If your brand missed that first cohort, a self-serve ad manager opens next month and the floor is roughly $7.60 a day.
OpenAI boss admits he was wrong about how fast AI would take jobs
When GPT-4 launched in 2023, Sam Altman expected a rapid, visible restructuring of white-collar work. Businesses would retool, roles would vanish, whole sectors would be remade faster than regulators or HR departments could track.
Goldman Sachs says AI is already cutting 16,000 US jobs a month
Goldman Sachs Research has put a monthly figure on what was, until recently, largely a matter of conjecture: AI has shaved roughly 16,000 jobs a month from US payroll growth over the past year, enough to push the unemployment rate up by about 0.1 percentage points.