Bloomberg's Caroline Hyde and Ed Ludlow break down how the US is clamping down on China's chip access with sweeping updates to export controls including Nvidia-made chips. Plus, a look at the latest from the trial of Sam Bankman-Fried.

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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