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Slate Money

Slate Money

The $12.93 Billion Emoji Joke

Sep 5, 2026 · 46m

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About this episode

This week: Nvidia joined Silicon Valley’s A.I. investment frenzy and bought Hugging Face for $12.93 billion. Felix Salmon , Elizabeth Spiers , and Emily Peck discuss what this deal signals about the astounding amounts of money being thrown around the relatively niche market of A.I. investment. Then, bond yields are on the rise and the hosts discuss why global concern is rising with them. And finally, what do George Santos and Steve Ballmer have in common? Felix will explain. In the Slate Plus episode: The $500 A.I.-powered Mouth Camera Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all…