Bloomberg's Ed Ludlow and Caroline Hyde break down the SEC's decision to approve spot Bitcoin ETFs. Plus, Hertz reverses course on its EV ambitions after announcing it's selling 20,000 electric vehicles. And, tech giants kick start the year with more layoffs announced - jolting employees in Silicon Valley.

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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