Global Markets Abuzz: Nvidia’s $900M AI Talent Grab, SoftBank Vision Fund Cuts, and Key IPOs Drive Headlines

Key TakeawaysNvidia (NVDA) has reportedly spent over $900 million in cash and stock to acquire key personnel, including Enfabrica's CEO Rochan Sankar, and license the AI startup's technology, reinforcing its leadership in AI hardware development.SoftBank is preparing to cut approximately 20% of its staff at its Vision Fund globally, signaling a strategic realignment towards founder Masayoshi Son's large-scale artificial intelligence initiatives.New Zealand's trade deficit significantly widened to NZ$1.19 bi ...