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HeyJared

Jake Angelo

Reporter · US

Indexed articles, last 90 days
4
Latest publication
Sep 15, 2026
Outlet visibility, for Yahoo Finance
Top 1K sites
Earliest in this view
Jul 27, 2026

Latest articles

  1. Article · Sep 15, 2026 · Jake Angelo

    Slowing AI development could boost hyperscaler balance sheets (opens the original)

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    Any slowdown in AI spending would let hyperscalers catch their financial breath and ease their reliance on borrowing to fund their buildouts. A Semafor review of analyst estimates finds that at current projections, as tracked by S&P Capital IQ, Amazon, Alphabet, Meta, and Microsoft are expected to spend $66 billion more on capital spending (nearly all of it AI-related) than they earn in cash from operations over the next six quarters. Debt, stock sales, and complex deals that shift that spending

  2. Article · Sep 3, 2026 · Jake Angelo

    Nvidia to buy Hugging Face for nearly $13 billion (opens the original)

    Excerpt · Positive tone · English

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    Nvidia has agreed to buy AI firm Hugging Face for $12.9 billion in a move that expands the chipmaker's capabilities beyond hardware and up the AI stack. Hugging Face — the AI company at the center of a hacking incident earlier this year that raised cybersecurity concerns — has exploded in popularity, now boasting 18 million users, providing an open-source hub for collaborative machine learning. In a blog post Thursday, Nvidia CEO Jensen Huang said Hugging Face "will remain an open platform for t

  3. Article · Aug 26, 2026 · Jake Angelo

    Nvidia posts blowout quarter amid sustained chip demand (opens the original)

    Excerpt · Positive tone · English

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    Nvidia posted better-than-expected quarterly earnings on Wednesday in a sign that the AI trade remains strong despite fears of an AI bubble. The chipmaking giant, widely considered a bellwether for the health of the AI market, reported $96.2 billion in quarterly revenue, crushing analysts' expectations, with $89 billion of the total coming from data centers alone. The results, however, reveal that AI spending remains concentrated among a handful of buyers: Hyperscalers still account for a larger

  4. Article · Jul 27, 2026 · Jake Angelo

    Carlyle strikes first deal in new defense push (opens the original)

    Excerpt · Neutral tone · English

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    Carlyle has acquired Secturion Systems, the first deal from the private-equity firm's new fund focused on medium-sized companies that sell to the government. The DC-based investment firm, which has $475 billion of assets under management, has been raising up to $3 billion for a new platform that focuses on mid-market companies in aerospace, defense, and supply-chain resiliency, people familiar with the matter said. (The effort was first reported by Bloomberg.) Secturion's customers include the U

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