The increase comes four months after the chip giant added $80 billion to its buyback program, bringing the total remaining authorized amount to $235 billion.
Jensen Huang, chief executive of Nvidia, has led the company as its stock price has skyrocketed amid the explosion in demand chips that are the centerpiece of giant A.I. data centers.
Mr. Trump called Jensen Huang, Nvidia’s chief executive, while Mr. Huang was onstage in Los Angeles and criticized calls to slow down and regulate A.I.
The debate over the safety of artificial intelligence grew personal as key tech leaders said calls for government regulation were self-serving and misplaced.
OpenAI offices in San Francisco. Sam Altman, the company’s chief executive, agreed with the Anthropic chief’s call to slow down artificial intelligence advancements.
The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
Jensen Huang, Nvidia’s chief executive, has overseen the company as its quarterly profits have increased tenfold. The company is spending those resources on acquisitions, including of Hugging Face.
John Ternus, right, who became Apple’s chief executive on Tuesday, with Tim Cook, who held the job for 15 years, at the Sun Valley Conference in Idaho in July.
The social networking giant projected it could spend $10 billion annually on Anthropic’s tools, illustrating the friend-foe relationships underlying the A.I. race.
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