Kate Rooney reports on Nvidia and Perplexity launching an AI platform that runs locally on desktop hardware instead of major cloud providers. The pitch is lower compute and token costs, with frontier tasks optionally routed to the cloud. The system will initially use Alibaba's open-source Qwen model and later Nvidia's open-source model, with no mention of Anthropic or OpenAI.
This CNBC video, published August 25, 2026, features Kate Rooney discussing NVDA, BABA. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Kate Rooney · Tickers: NVDA, BABA