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NVIDIA has announced a $150 billion increase in its share repurchase authorization, taking the company's remaining buyback authorization to $235 billion through fiscal 2028. At the same time, the AI chip giant unveiled its Open Agent Safety Platform, designed to provide security controls for increasingly autonomous AI agents.
Nvidia’s planned acquisition of Hugging Face marks one of the company’s biggest moves into the software and open-source AI ecosystem. Hugging Face hosts millions of AI models, datasets and applications and is used by more than 18 million developers, researchers and creators worldwide.
The growing debate over AI safety has intensified as leading technology executives discuss whether the industry can manage risks through voluntary standards or whether stronger external oversight is needed. Sam Altman has acknowledged public concerns while calling for greater trust in AI companies, while Nvidia CEO Jensen Huang has argued that existing safeguards can address safety issues without necessarily requiring new laws.
The investigation has placed renewed attention on the enforcement of U.S. export controls on advanced AI hardware. Among those charged are a senior Nvidia manager and employees linked to Super Micro Computer, while Nvidia and Supermicro themselves have not been accused of corporate wrongdoing.
Apple unveiled its first foldable iPhone at $1,999 this month, arriving alongside a wave of major AI infrastructure deals — from a $875 million raise by chip startup Positron to Nvidia's plans for a 2-gigawatt Australian data center buildout.
A New York Times investigation found that Inspur, a Chinese server maker blacklisted by the US in 2023, obtained billions of dollars in Nvidia's export-controlled chips by routing purchases through a US-incorporated subsidiary and Southeast Asian intermediaries.
