Weekly Recap: AI, Tech & Crypto
Weekly Recap: AI, Tech & Crypto August 24–30, 2026 Nvidia reported $96.2B in quarterly revenue, up 106% YoY, and guided to ~70% growth next year — nearly double expectations. The same week, Nvidia reportedly agreed to acquire Hugging Face for ~$13B, putting the main open-weight model hub under the same roof as the hardware that runs it. If that deal closes, one company controls the chips, the models, and the distribution layer. Bitcoin touched $80K for the first time since May, pushing sentiment into "extreme greed" for the first time since late 2024. Spot ETFs pulled in ~$1.92B in weekly i…
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