Bloomberg's Ed Ludlow breaks down why Nvidia shares took a hit after the US said it plans more AI chip curbs for China. Plus, shares of electric air taxi company Joby surge today after receiving regulatory approval to expand test flights in the US.

AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face
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Nvidia Nears $14B Hugging Face Deal
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Anthropic’s Compute Bet, Musk on AI, Apple’s New CEO
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