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Mergers & Acquisitions

🔥 Nvidia Bought the GitHub of AI for $12.93 Billion — Its Biggest Deal Ever

Nvidia is paying $12.93 billion for Hugging Face, the home of open-source AI and 18 million developers. It's the chipmaker's largest acquisition ever, and it just bought the town square where every AI builder meets.

Fintech

🔥 Stripe Never IPO'd — Now It's Bidding $53 Billion to Swallow PayPal Whole

Stripe never went public — now it and Advent International are bidding $53 billion ($60.50/share, a 28% premium) to take PayPal private. The real prize: Venmo.